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Top three source markets are UK, India and Germany.
- Low Fares (Category: Business)
- Airport Link delay to cost $60m (Category: Australia, Queensland)
- Google launches Pixel 4A in limited-edition 'Barely Blue' color - CNET (Category: Technology)
- St. Luke's CEO abruptly departs Duluth's second-largest health care provider (Category: USA, Minnesota)
By Shamindra Ferdinando The Sri Lanka Institute of Directors (SLID) and Transparency International Sri Lanka (TISL) recently declared corruption as the root cause of Sri Lanka’s current political and economic crisis. The declaration was made in a statement titled, “SLID and TISL launch ‘Business Against Corruption’ Initiative” issued to the media after the two organisations […]
- Of Elections, Bond Scams & Money Politics: The Anatomy Of Default @75 (Category: Breaking News)
- Treasury bond scams: SJB drags Lotus Tower into ‘conflict’ as SLPP attacks ‘footnote’ gang (Category: Breaking News)
- Massive Corruption Scams Rock The Land Of The Mahatma (Category: Breaking News)
- Sri Lanka accelerates financial literacy drive amid scams (Category: Breaking News)
Sri Lankan President Ranil Wickremesinghe has started presenting the Interim Budget Speech 2022 at 01:03 PM today (August 30).The post Sri Lanka’s Interim Budget Speech 2022 appeared first on ONLANKA News - Latest Breaking News in Sri Lanka - Sri Lanka News.
- Sri Lanka’s Budget Speech 2024 (Category: Breaking News)
- Sri Lanka’s Budget Speech 2023 (Category: Breaking News)
- Contributory pension scheme for those joining state sector after 2016 – Prime Minister (Category: Breaking News)
- Rs.500M for healthcare improvement (Category: Breaking News)
Sri Lanka's president is set to slash expenditure when he presents an interim budget on Tuesday to see the crisis-ridden country through the rest of the year, amid discussions with the International Monetary Fund on a bailout package.The post Sri Lanka’s president to cut spending in interim budget appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
- President not informed about appointment of Interim Committee for Sri Lanka Cricket (Category: Breaking News)
- Sri Lanka President says Presidential, Parliamentary Elections will be held in 2024 (Category: Breaking News)
- Interim Budget 2022 passed in Parliament (Category: Breaking News)
- 2023 Budget aimed at long-term, stable economic growth to be presented to Parliament tomorrow (Category: Breaking News)
[…]The post A Generational Shift To Face The Crisis In Sri Lanka appeared first on Colombo Telegraph.
- National Council’s Economic Stabilisation Report Is A Welcome Sign (Category: Breaking News)
- Corruption & Lack Of Common-Sense; Presidential Brutalities (Category: Breaking News)
- Lack of Common Sense Of A Time-Expired President (Category: Breaking News)
- Budget 2023: A Depth Or Dearth (Category: Breaking News)
He said inflation may peak around September below 70 percent before showing a downward trend.
- Sri Lanka’s headline inflation may rise to 70% in coming months – Central Bank of Sri Lanka (Category: Breaking News)
- Sri Lanka inflation bigger threat to business than interest rates: CB Governor (Category: Breaking News)
- Curtailing inflation critical to avert Zimbabwe-like scenario – CBSL Governor (Category: Breaking News)
- CB Governor sees light at the end of the tunnel (Category: Breaking News)
ECONOMYNEXT – Sri Lanka’s central bank said it was holding its policy rates at 15.50 percent, while data showed market interest rates are close to twice the rate and private credit and imports falling. Monetary Policy Review: No. 06 – August 2022The Central Bank of Sri Lanka maintains policy interest rates at their current levelsThe Monetary Board of the Central Bank of Sri Lanka...
- Central Bank of Sri Lanka maintains policy interest rates unchanged (Category: Breaking News)
- Sri Lanka policy rate unchanged as market rates rise, money printing warnings (Category: Breaking News)
- Sri Lanka expects inflation to slow, rates unchanged (Category: Breaking News)
- Central Bank expects economy to contract in second half of 2022 as well (Category: Breaking News)
[…]The post Ripples In The Indian Ocean: Yuan Wang 5 & Easter Sunday 2019 appeared first on Colombo Telegraph.
- Pelosi’s Pivot As Cold War & Colonialism Rebound: Blue-Greenwash In The Indian Ocean (Category: Breaking News)
- The Easter Attacks & A Game Of Thrones: The Master Mind, A Cover Up Investigation & AI (Category: Breaking News)
- Channel 4’s Easter Sunday: The IMF Descends Amid An Over The Horizon Operation Staring ‘Sonic-So... (Category: Breaking News)
- A Staged Default & Sovereign Bond Debt Trap? IMF’s Spring Meetings Amid Hybrid Cold War (Category: Breaking News)
"What we ask from the government is to facilitate us through private or state banks to import these as needed," he said.
- Lanka's poultry industry in crisis (Category: Breaking News)
- ‘Govt. makes a killing from egg imports’ (Category: Breaking News)
- Moves to regulate poultry and egg industry (Category: Breaking News)
- Poultry farmers cry out for help, oppose govt. move to import eggs (Category: Breaking News)
Electricity prices were last hiked in 2013 however were slashed almost by 25% in 2014
- Sri Lanka free trade zone manufacturers alarmed by electricity tariff hike (Category: Breaking News)
- Electricity tariffs to go up by 75 percent (Category: Breaking News)
- Sri Lanka utility regulator approves 75 percent electricity tariff hike (Category: Breaking News)
- Sri Lanka power tariff hike: ministry offers olive branch to protesting monks (Category: Breaking News)
The 25th Annual General Meeting of the Sri Lanka – Singapore Business Council (SLSBC) of The Ceylon Chamber of Commerce was held on 27th July, 2022 via Zoom. The SLSBC was inaugurated in 1997 under the aegis of the Ceylon Chamber of Commerce with the objective of promoting trade, investments, tourism and services between Sri […]
- “Sri Lanka has enormous growth potential”: Robyn Mudie (Category: Business)
- Sri Lanka-Vietnam Business Council holds first AGM (Category: Business)
- Cabinet nod for selecting consultants to sell Insurance Corporation, Litro, etc. (Category: Breaking News)
- Sri Lanka – Australia – New Zealand Business Council holds 16th AGM (Category: Business)
[…]The post The Aragalaya & Morality appeared first on Colombo Telegraph.
- Why I Don’t Support The Aragalaya (Category: Breaking News)
- Ranil-Gota Twosome: One Gone, The Other Is Acting Up (Category: Breaking News)
- Futility Of Transforming A Nation Built Over A Political Cesspit (Category: Breaking News)
- Saying No To Authoritarian Governance (Category: Breaking News)
President Gotabaya Rajapaksa’s two years in office – a period of unprecedented political turmoil, uncertainty and further deterioration of Parliament – should be thoroughly examined. In fact, the UNP, with the support of the then President Maithripala Sirisena, paved the way for Gotabaya Rajapaksa’s candidature, at the 2019 presidential election, by blocking Mahinda Rajapaksa’s path […...
- Sri Lanka’s foreign policy dilemma (Category: Breaking News)
- Destabilisation project: ACBC inquiry underway (Category: Breaking News)
- Shocking claim in House: Bandula reveals how sugar importers, their henchmen trapped Prez (Category: Breaking News)
- SC ruling on economic crisis: Parliament also responsible, says Foreign Minister (Category: Breaking News)
After the collapse of the Sri Lankan economy, attention has turned to the state of affairs in other South Asian countries such as Pakistan, Bhutan and Bangladesh. All three countries have either curtailed imports or are planning to do so, to salvage their fast-depleting foreign exchange reserves and avoid a Lanka-like forex crisis. While the […]
- Bangladesh secures loans of $4.7 billion from IMF (Category: Breaking News)
- Bangladesh seeks $4.5 billion IMF loan as deficit widens (Category: Breaking News)
- IMF agrees $4.5 billion Bangladesh support programme (Category: Breaking News)
- Emerging Donor (Category: Business)
Dinesh Weerakkody has been appointed Chairman of the Colombo Port City Economic Commission, the main authority managing the Colombo Port City project. Hatton National Bank and Commercial Bank of Ceylon former Chairman Dinesh is the Vice Chairman of the Employers’ Federation of Ceylon, Immediate Past Chairman International Chamber of Commerce Sri Lanka and the Vice Chairman […]
- Director Stakes (Category: Business)
- CSE Chair (Category: Business)
- Chandimal out for 80 (Category: Breaking News)
- Third edition of ‘Ranil Wickremesinghe, A Political Biography’ presented to the President (Category: Breaking News)
Sri Lanka is considering a restructure of local and sovereign debt, President Ranil Wickremesinghe said on Friday, as the island nation battles its worst financial crisis in its independent history.The post Sri Lanka considering restructure of local and sovereign debt appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
- Sri Lanka President says China’s assurances to restructure Sri Lanka’s debt received and forward... (Category: Breaking News)
- Sri Lanka set to begin talks to restructure debt of $30 Billion (Category: Breaking News)
- Sri Lanka Government hoping to restructure $17 billion foreign debts along with local debts (Category: Breaking News)
- Sri Lanka could wrap up debt restructure talks by Sept, president says (Category: Breaking News)
by Chandre Dharmawardana, chandre.dharma@yahoo.ca. The forex crisis had forced the government to jettison its initial set of economic managers of the Central bank who looked for home-grown solutions and opposed dealing with the International Monetary Fund (IMF). The President re-instated a set of managers whose ideas were more orthodox and aligned with the neo-liberal bankers […]
- IMF chief pleased SL reached staff-level deal for $2.9 billion (Category: Breaking News)
- Harsha hints at Chinese hurdle in debt relief talks (Category: Breaking News)
- Sri Lanka to brief creditors on IMF deal for economic recovery (Category: Breaking News)
- Lanka awaiting assurances from India, China, says Central Bank Governor (Category: Breaking News)
By Anupama Rajput Sri Lankan Lawmakers voted in acting President Ranil Wickremsinghe as the new President on July 20. The six-time Prime Minister was able to garner 134 votes in the 225-member parliament, despite public anger with the ruling elite in the hope that his long experience in government could help pull the country out […]
- Video: HIRU THANIWELA EP 400 (Category: Video)
- Over 400 respond (Category: Breaking News)
- IPO To Raise Rs. 400 mn (Category: Breaking News)
- Video: CoL has increased by 400 percent - Maithri (Category: Video)
Developments in Sri Lanka underline the risk of destabilising social and labour unrest throughout Asia-Pacific because of rising living costs impacting the region, S&P Global Market Intelligence said. Countries with similarly weak economic fundamentals and/ or poor economic policies have reduced resilience to external shocks, such as the COVID-19 pandemic, the Russia-Ukraine conflict, high oil...
- Sri Lanka records slight drop in inflation (Category: Breaking News)
- WFP says 6.26 million people in Sri Lanka are food insecure (Category: Breaking News)
- Sri Lanka’s July consumer inflation more than halves to 4.6% (Category: Breaking News)
- China confirms two-year debt moratorium offered to Sri Lanka (Category: Breaking News)
Sri Lanka has asked China to help with trade, investment and tourism to help it grow sustainably, Colombo's envoy to Beijing said on Monday as it negotiates for an emergency $4 billion package to help it emerge from an economic meltdown.The post Sri Lanka asks China for help with trade, investment and tourism appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Sri Lanka Latest News...
- Sri Lanka asks China for help with trade, investment and tourism (Category: Breaking News)
- China will agree to US$ 4 Billion aid for Sri Lanka ‘at some point’ – Palitha Kohona (Category: Breaking News)
- Sri Lanka eyes Chinese tourism to help ease debt crisis (Category: Breaking News)
- Sri Lankan envoy woos Chinese investment in solar, wind energy (Category: Breaking News)
The International Monetary Fund hopes to complete rescue talks with Sri Lanka “as quickly as possible,” Managing Director Kristalina Georgieva said on Wednesday, hours before the crisis-hit South Asian nation elected a new president. Speaking with Nikkei Asia in Tokyo, Georgieva said the fund was “very deeply concerned about the well-being of the people in […]
- IMF Chief says Sri Lanka a warning sign to world (Category: Breaking News)
- IMF remains very hopeful on Sri Lanka (Category: Breaking News)
- IMF seeks to expand donor coordination to countries like Sri Lanka (Category: Breaking News)
- IMF wants to resolve debt crisis in Sri Lanka (Category: Breaking News)
The International Monetary Fund hopes to complete rescue talks with Sri Lanka "as quickly as possible," Managing Director Kristalina Georgieva said on Wednesday, hours before the crisis-hit South Asian nation elected a new president.The post IMF hopes to complete Sri Lanka aid talks ‘as quickly as possible’ appeared first on ONLANKA News - Sri Lanka News - Latest News in Sri Lanka - Br...
- IMF hopes to complete Sri Lanka aid talks ‘as quickly as possible’ (Category: Breaking News)
- IMF hopes to complete Sri Lanka aid talks as quickly as possible (Category: Breaking News)
- China tells IMF willing to take constructive part in debt talks (Category: Breaking News)
- IMF hopes to complete Sri Lanka aid talks ‘as quickly as possible’ (Category: Breaking News)
[…]The post The Lost Revolution appeared first on Colombo Telegraph.
- An Open Letter & Appeal To The IMF (Category: Breaking News)
- JVP Proposal Points To Consensual Way Forward (Category: Breaking News)
- BASL; Altruistic Union That Does Not Stand For Its Members’ Sake But For The People (Category: Breaking News)
- The World After Mikhail Gorbachev & Sri Lanka After JR Jayewardene (Category: Breaking News)
Inflation is expected to hit 70 per cent by the end of the year and experts warn SMEs will be the worst hit
- CBSL to compensate northern banks for loss of Cultivation Loans (Category: Breaking News)
- "Saubagya" Concessionary Loan scheme for Industrialists (Category: Breaking News)
- Loans for North and East cultivators for the Maha (Category: Breaking News)
- Banks have been instructed to provide relief to those affected by the increase in bank interest ... (Category: Breaking News)
[…]The post Growth in Sri Lankan Yacht Charter Industry Looks Promising for the Future appeared first on Colombo Telegraph.
- Forlorn Paruthitivu Yields The Secrets Of The Illegal Chinese-EPDP Dollar-Making Nexus (Category: Breaking News)
- Why Sri Lanka Needs A Presidential Secretariat On Blue Economy Or National Center For Ocean Reso... (Category: Breaking News)
- Challenges Beneath The Surface Of Peace & Normalcy In Northern Sri Lanka (Category: Breaking News)
- Risk Of Another Tsunami Disaster: Are We Adequately Prepared? (Category: Breaking News)
"Because we have a threat of risk to the banks as well."
- Warm welcome for record-breaking 800,000th tourist arrival in 2011 (Category: Breaking News)
- Sri Lanka to host UNWTO meetings (Category: Breaking News)
- Apex Body (Category: Business)
- Carrying Capacity (Category: Business)
Sri Lanka is desperate for foreign currency earnings through tourism
- Sri Lanka MP comes with saline to cast a presidential vote (Category: Breaking News)
- Sri Lanka stock index gains over 1.6 pct in mid-day (Category: Breaking News)
- Sri Lanka imposes curfew in Colombo district from July 14-15 (Category: Breaking News)
- Sri Lanka’s new “diplomatic” PM starts foreign aid talks amid political stability concerns (Category: Breaking News)
[…]The post Sri Lanka – From A Failed To Pseudo Mafia State? appeared first on Colombo Telegraph.
- SriLankan Airlines: CEO Vipula Fails To Provide Basic Covid Facilities For Staff (Category: Breaking News)
- SriLankan Airlines: CEO Vipula Fails To Provide Basic Covid Facilities For Staff (Category: Breaking News)
- SriLankan Airlines: CEO Vipula Fails To Provide Basic Covid Facilities For Staff (Category: Breaking News)
- Elitism – A Hidden Downfall Factor (Category: Breaking News)
"We need to bounce back and bounce back fast,” said Cooray.
- Debt moratorium for COVID-19 affected businesses individuals extended by six more months (Category: Breaking News)
- Eviction And Foreclosure Moratorium On Federally-Backed Mortgages Extended Through January 2021 (Category: USA, South Dakota)
- Eviction And Foreclosure Moratorium On Federally-Backed Mortgages Extended Through January 2021 (Category: USA, South Dakota)
- Eviction And Foreclosure Moratorium On Federally-Backed Mortgages Extended Through January 2021 (Category: USA, South Dakota)
[…]The post Mission Impossible appeared first on Colombo Telegraph.
- Need For An Agreement With The Citizens For A Stable Political Future (Category: Breaking News)
- The Galle Face Struggle & Its Importance (Category: Breaking News)
- It’s Time To Untether The Kite! (Category: Breaking News)
- Crisis Deepens Without Rescue Plan (Category: Breaking News)
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