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[…]The post Prof. C.A. Saliya Making Research Methodology Easily Accessible To Sri Lankan Researchers appeared first on Colombo Telegraph.
ECONOMYNEXT –The main opposition SJB would fight to defeat the government’s plans to restructure domestic debt, opposition leader Sajith Premadas said, offering the opposition’s assistance in sending a strong message to the international community. Premadasa said at a meeting with representatives of the Ceylon Bank Employees’ Union on Thursday May 18 that the opposition is […]
Tourism is bouncing back after the Easter attack, Covid-19 pandemic and the aftermath of the economic stake holders are optimistic and working hard towards a better future.The General Manager of Shangri-la Hambantota Refhan Razeen welcomed 2023 with a positive note with much expectations this year. having overcome the challenges of the past years. We Sri […]
[…]The post Liberal Or Edible Economics: Global Disorder Worst In A Century appeared first on Colombo Telegraph.
The Sri Lankan Rupee (LKR) has appreciated against the US dollar (USD) today (May 16), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee appreciates against U.S. Dollar appeared first on ONLANKA News | Sri Lanka Latest Breaking News and Top Stories - Sri Lanka News.
The Sri Lankan Rupee (LKR) has appreciated against the US dollar (USD) today (May 17), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee appreciates against U.S. Dollar appeared first on ONLANKA News | Sri Lanka Latest Breaking News and Top Stories - Sri Lanka News.
[…]The post Central Banks Have A Critical Role To Play During Times Of Financial Crisis appeared first on Colombo Telegraph.
India and Sri Lanka are exploring the possibility of using the Indian Rupee for economic transactions in order to strengthen their partnership through trade and investment-led measures. Recently, the High Commission of India organized a discussion in Colombo, on the use of the Indian Rupee for transactions between the two countries. Representatives from the Bank […]
CPC, CEB need to recover costs until end of Fund’s loan package By Rathindra Kuruwita The Ceylon Petroleum Corporation (CPC) and Ceylon Electricity Board (CEB) had to recover costs until the end of the IMF programme, Sarwat Jahan, IMF Resident Representative in Sri Lanka, told a press conference in Colombo yesterday. The IMF also wanted the […]
Sri Lanka Telecom Group (SLT Group), the National ICT Solutions Provider, recorded positive consolidated revenues of Rs. 26.6 Bn for Q1 2023, an increase of 2.1%, compared to the same period last year, led by robust growth at company level from SLT, demonstrating resilience and optimism in the future undeterred by the challenging environment. The […]
[…]The post Politics Of Poverty & Aswesuma appeared first on Colombo Telegraph.
[…]The post Beyond The Myth Of TINA To The IMF: The New Development Bank In The Asian 21st Century appeared first on Colombo Telegraph.
Sri Lanka President Ranil Wickremesinghe announced that Sri Lanka is establishing the world’s first international environmental university to support the global effort in addressing climate change.The post Sri Lanka President says World’s first international environmental university will be established in Sri Lanka appeared first on ONLANKA News ::. Latest Sri Lanka News with Breaking News A...
Pakistan's anti-graft watchdog arrested former Prime Minister Imran Khan at Islamabad High Court on Tuesday, in a dramatic move that threatens fresh turmoil in the nuclear-armed country.The post Former Pakistan Prime Minister Imran Khan arrested, aides call for nationwide protest appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA News.
[…]The post Inflation, Interest Rate & Imperialism appeared first on Colombo Telegraph.
[…]The post Domestic Debt Restructuring: Another Time Bomb Clicking Down? appeared first on Colombo Telegraph.
Sri Lanka can be put on the path to prosperity if the debt can be made sustainable by implementing the IMF-supported program properly, the Director of Asia & Pacific Department of the IMF Krishna Srinivasan says.The post Sri Lanka can be on path to prosperity if debt sustainability achieved – IMF appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA News.
Sri Lanka expects to host 1.55 million visitors and earn 2.7 billion Sri Lankan rupees ($8.4 million) in much-needed tourism revenue this year, as it maps a road to the recovery of its tourism sector amid its worst economic crisis in decades.The post Sri Lanka expects cash infusion from 1.5 million tourists in 2023 for crisis-hit economy appeared first on Sri Lanka Breaking News and Top Headlines ...
Thursday 4th May, 2023 Government politicians, save perhaps a few, and their backers are still cock-a-hoop over the IMF bailout which they naively think is a kind of economic panacea. They went so far as to paint the town red when the IMF approved the much-awaited extended fund facility, in March, lighting as they did […]
By Rathindra Kuruwita Sri Lanka had not taken a final decision on domestic debt restructuring, Cabinet spokesperson Bandula Gunawardena said on Wednesday. Addressing the media in Colombo, he said that the government was discussing with economists and other stakeholders ways and means of restructuring the domestic debt. Gunawardena said Sri Lanka had not even finalised […]
Sri Lanka's apparel export earnings could slump by $1 billion this year, a top industry expert said on Wednesday, as slowing global demand hits the crisis-hit South Asian country.The post Sri Lanka apparel exports to drop by $1 billion in 2023, trade body says appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA News.
Foreign Minister Ali Sabry met with the President of Asian Development Bank (ADB), Masatsugu Asakawa in Seoul, Republic of Korea during the 56th Annual Meeting of the ADB.The post Sri Lanka seeks Asian Development Bank support in digitalization, agriculture appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA News.
[…]The post Restructuring The Economy: A Stock Take appeared first on Colombo Telegraph.
The Asian Development Bank pledged to continue engagement with Sri Lanka with renewed vigour in a variety of areas. Foreign Minister Ali Sabry met with the President of Asian Development Bank, Masatsugu Asakawa in Seoul, Republic of Korea during the 56th Annual Meeting of the ADB. The Minister expressed Sri Lanka’s gratitude for the excellent […]
Sri Lanka President Ranil Wickremesinghe addressed the United National Party (UNP) May Day celebrations held at the Sugathadasa Indoor Stadium in Colombo yesterday (May 01) through video technology.The post Sri Lanka President says Let 2048 be the year of development for Sri Lanka appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA News.
[…]The post Preparing The Ground For Early Elections appeared first on Colombo Telegraph.
By Jehan Perera The second round of reducing the prices of a variety of fuels (2 percent for ordinary petrol to 29 percent for super diesel used by luxury vehicles) is an indication that the government is seeking to improve its support base amongst the better off sections of the population. This could be to […]
[…]The post Is The Central Bank On Its Way To Technical Insolvency? appeared first on Colombo Telegraph.
Millions of less affluent Sri Lankans working in the Middle East are sending money home to keep the economy afloat while the more educated who hold higher posts in developed countries keep money stashed elsewhere, Labour Minister Manusha Nanayakkara said in Parliament on Tuesday (April 25).The post Sri Lanka workers in Middle East sending money, while more educated do not – Minister appeared...
[…]The post Political Buddhism & Corruption: The Unholy Twins appeared first on Colombo Telegraph.