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- colombogazette.com - Category : Breaking News - Relavancy : 1.0

The United Nations Population Fund (UNFPA) explored opportunities to further support Sri Lanka in achieving rights and choices for all citizens. UNFPA Asia Pacific Regional Director, Pio Smith, who is engaged on an official visit to Sri Lanka, paid a courtesy call on Prime Minister Dinesh Gunawardena at Temple Trees. The meeting was marked by […]

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

Religious minorities in Pakistan, including Christians, Hindus, and Shia Muslims, also encounter discrimination and persecution, notably through the country’s blasphemy laws. Advocacy organizations representing Christians and Hindus, as well as other minority groups, criticize the electoral system, asserting its undemocratic nature and its marginalization of religious minorities from mainstream po...

- island.lk - Category : Breaking News - Relavancy : 1.0

By Rathindra Kuruwita The Ceylon Electricity Board (CEB) has significantly overestimated the cost of electricity production and transmission for 2024 and this is reflected in their estimated cost of production, says MP Gamini Waleboda, head of the Sectoral Oversight Committee on Alleviating the Impact of the Economic Crisis. The overestimation is around Rs 140 billion, […]

- island.lk - Category : Breaking News - Relavancy : 1.0

In a welcome development in relation to Sri Lanka’s regional policy, some state functionaries of the Ranil Wickremesinghe regime have gone on record as having stated that Sri Lanka would be taking notable cognizance of India’s security concerns, going forward. This is as it should be. None of India’s immediate neighbours could afford to overlook […]

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

The year 2023, marked a key milestone for Union Bank with  CG Capital Partners Pte. Ltd., indirectly acquiring the majority shareholding through its ownership in Culture Financial Holdings Ltd. CG Capital Partners Pte. Ltd., is an affiliate company of the international powerhouse  CG Corp Global (CG). The improved macroeconomic outlook during FY2023 positioned Union Bank […]

- onlanka.com - Category : Breaking News - Relavancy : 1.0

The Indian government is working on operationalizing Rupee investments in Sri Lanka in a move to boost Indian investments in its southern neighbor, two people aware of the matter told Mint.The post India to push rupee investments in Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- island.lk - Category : Breaking News - Relavancy : 1.0

Palestinian Prime Minister Mohammad Shtayyeh has announced the resignation of his government, which rules parts of the occupied West Bank, due to the escalating violence in the occupied territory and the war on Gaza. “The decision to resign came in light of the unprecedented escalation in the West Bank and Jerusalem and the war, genocide […]

- island.lk - Category : Breaking News - Relavancy : 1.0

Monday 26th February, 2024 Sri Lanka is a nation in the hara-kiri mode. It needs no enemies; it has become its worst enemy. It continues to maintain a bunch of failed, corrupt politicians and their bureaucratic lackeys responsible for ruining the economy and hell-bent on degrading vital national assets which they are planning to dispose […]

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- colombotelegraph.com - Category : Breaking News - Relavancy : 1.0

[…]The post Navigating The Economic Reawakening & Sustainable Growth appeared first on Colombo Telegraph.

- onlanka.com - Category : Breaking News - Relavancy : 1.0

Senior U.S. diplomat Richard Verma on Friday met Sri Lankan President Ranil Wickremesinghe and Foreign Minister Ali Sabry in Colombo, and discussed Sri Lanka's economic recovery and progress on its IMF program, the U.S. State Department said.The post Senior U.S. official discusses Sri Lanka’s IMF program in Colombo appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- island.lk - Category : Breaking News - Relavancy : 1.0

As Pakistan grapples with the aftermath of controversial elections, political chaos is threatening to cloud its $3bn deal with the International Monetary Fund (IMF), which analysts say is key to the country’s economic stability. On Thursday, the global lender said Pakistan’s interim government had “maintained” economic stability. The IMF’s communications chief, Julie Kozack, said the […]

- onlanka.com - Category : Breaking News - Relavancy : 1.0

Sri Lanka said on Wednesday it had exported tea worth US$20 million to Iran to partially repay its US$251 million oil debts, with Colombo saying Tehran’s visiting foreign minister had expressed “satisfaction” at the deal.The post Sri Lanka settles US$ 20 million Iranian oil debt with tea appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

Sri Lanka sent a new restructuring proposal to dollar bondholders through its adviser Lazard as the South Asian nation seeks to complete overhauling its defaulted debt, according to people familiar with the matter. A counter proposal to a bondholder group’s offer in October for a 20% haircut and the issuance of macro-linked bonds was conveyed […]

- island.lk - Category : Breaking News - Relavancy : 1.0

Profit before Tax increases by 258% amidst external challenges Pan Asia Banking Corporation PLC reflected a steady performance amidst multitude of adversities emerging from challenging macro-economic conditions as the Bank reported its financial performance during 2023, which showed judicious portfolio management and prudency exercised in dealing with possible fallout on its asset quality in chall...

- colombotelegraph.com - Category : Breaking News - Relavancy : 1.0

[…]The post Tailoring Our Needs To Match International Legal Requirements appeared first on Colombo Telegraph.

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- colombotelegraph.com - Category : Breaking News - Relavancy : 1.0

[…]The post Disturbing Echoes Of The Last Phase Of The Civil War In Sri Lanka & The Treatment Of Palestinians Under Zionist Occupation appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 1.0

Sri Lanka’s inflation is anticipated to gradually stabilise around the targeted level of five per cent over the medium term, following a short-lived acceleration of inflation in the near term on account of the recent tax adjustments and supply-side disruptions, the Central Bank of Sri Lanka (CBSL) said in its monetary policy report for February. […]

- onlanka.com - Category : Breaking News - Relavancy : 1.0

Sri Lanka's economy is expected to keep growing in 2024 and gradually reach its potential over the medium term, according to the Central Bank's latest report on monetary policy.The post Central Bank of Sri Lanka says annual economic growth expected to turn positive in 2024 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- island.lk - Category : Breaking News - Relavancy : 1.0

Dr. Elias Joseph Jeyarajah, represented the Global Tamil Forum (GTF) at the recent launch of district level workshops for ‘National Conversation’ based on the Himalaya Declaration. The first inter-religious coordination committee promoting conversations on the merits of the Himalaya Declaration was held in Kurunegala on February 09. In spite of opposition from various quarters, particularly [̷...

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

Indian Prime Minister Narendra Modi and Sri Lanka’s President Ranil Wickremesinghe, witnessed the virtual launch of the Unified Payments Interface (UPI) connectivity between India and Sri Lanka. The President’s office said that in a ground-breaking move aimed at enhancing the convenience and security of digital payments for Indian tourists in Sri Lanka, a virtual launch […]

- onlanka.com - Category : Breaking News - Relavancy : 1.0

India’s Unified Payment Interface (UPI) service was launched today (February 12) in Sri Lanka in collaboration with LankaPay.The post India’s Unified Payment Interface (UPI) service launched in Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

The Philippines, under President Ferdinand Marcos Jr., has approved a major military upgrade including its first submarine, aiming to bolster its maritime defenses in the disputed South China Sea, according to a report published in South China Morning Post on February 01. This shift towards external defense reflects growing tensions with China, which recently claimed […]

- island.lk - Category : Breaking News - Relavancy : 1.0

Rex Clementine at Pallekele Sri Lankan cricket has been ahead of times compared to some of our Asian neighbours over the years. In our formative years, Gamini Dissanayake was convinced that the team needed a foreign coach and quite a few of them were hired including Sir Garry Sobers to help the team in early […]

- island.lk - Category : Breaking News - Relavancy : 1.0

President Ranil Wickremesinghe said in Parliamenty yesterday he was aware that Value Added Tax (VAT) was a burden on the public. He said it would be possible to reduce VAT with the passage of time. Delivering the government policy statement at the commencement of the new session of Parliament, the President said: “The prior scarcity […]

- island.lk - Category : Breaking News - Relavancy : 1.0

Urges unity over deep political divisions for effective crisis management Says ‘intricate’ foreign debt restructuring will take up to six months Invites Opposition to confer with institutions that foster international financial stability by Sanath Nanayakkare As government revenue increases, measures will be taken to increase benefits for the people accordingly, President Ranil Wickremesinghe said...

- island.lk - Category : Breaking News - Relavancy : 1.0

Inaugurating the 5th session of the 9th Parliament of Sri Lanka President Ranil Wickremesinghe called upon all lawmakers to collaborate in nation building  even though they would be contesting elections separately. “From ancient times to the present day, our world has encountered a myriad of crises, spanning nations and personal lives alike. While some crises […]

- onlanka.com - Category : Breaking News - Relavancy : 1.0

Sri Lanka President Ranil Wickremesinghe while presenting his Policy Statement in Parliament today (February 07), says the government was planning to reduce the tax burden as economic reforms continue to stabilize the economy.The post Sri Lanka President Ranil delivers Government’s policy statement in Parliament appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

As the Maldives approaches a critical juncture in its economic trajectory, the decisions made by President Mohamed Muizzu are coming under intense scrutiny. The nation, composed of around 550,000 people stands at a crossroads, grappling with economic challenges exacerbated by a series of decisions that have raised eyebrows and sparked concerns. The recent reports indicating […]

- onlanka.com - Category : Breaking News - Relavancy : 1.0

Sri Lanka expects to attract about US$5 billion in foreign funds in the next two years once it is able to finalise the restructuring of its overseas debt, the country’s foreign minister said on Monday (February 5).The post Sri Lanka eyes US$5 billion in foreign funds after debt restructure appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- colombotelegraph.com - Category : Breaking News - Relavancy : 1.0

[…]The post The Bleak Future For Sri Lanka : 75 Years After Independence appeared first on Colombo Telegraph.

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