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The International Monetary Fund (IMF) team says that keeping up the economic reform momentum and ensuring timely implementation of the IMF-supported programme’s commitments are key for Sri Lanka to emerge from the economic crisis.The post IMF Staff concludes visit to Sri Lanka and issued official statement appeared first on ONLANKA News | Sri Lanka Latest Breaking News and Top Stories - Sri Lanka ...
- IMF team in Colombo this week for first review of Extended Fund Facility (Category: Breaking News)
- IMF eyes creditor assurances as it prepares Sri Lanka visit (Category: Breaking News)
- IMF says Sri Lanka is doing well (Category: Breaking News)
- IMF delegation to arrive in Sri Lanka on Thursday (Category: Breaking News)
The International Monetary Fund (IMF) says timely restructuring agreements between Sri Lanka and its creditors in line with the program targets, by the time of the first review, is essential to restoring debt sustainability. An IMF mission led by Messrs. Peter Breuer and Masahiro Nozaki conducted a staff visit to Colombo from May 11 to […]
- IMF insists no talks with Sri Lanka on digital services tax (Category: Breaking News)
- IMF ready to support Sri Lanka’s discussions with bondholders (Category: Breaking News)
- IMF begins talks in Sri Lanka in attempt to reach deal (Category: Breaking News)
- China’s offer not sufficient for IMF deal (Category: Breaking News)
The Consulate General of Sri Lanka in Melbourne launched a Student Registration Portal for Sri Lankan students in Victoria, South Australia and Tasmania addressing a long-standing need, the Foreign Ministry said. Most of the Sri Lankan students in Australia are studying in universities / institutions in three states coming under the Consular jurisdiction of the […]
- Housing to be offered to Sri Lankan migrant workers (Category: Breaking News)
- Students visit President’s House one year after it was stormed (Category: Breaking News)
- New Maldives President Dr Muizzu and Ranil hold extensive talks (Category: Breaking News)
- Emirates to promote Sri Lanka as ideal destination for travellers (Category: Breaking News)
The economic crisis has placed Sri Lanka among the 20 poorest countries in Asia. A report published on Insider Monkey noted that while Sri Lanka is classified as a developing country, it is currently facing an economic crisis characterized by the devaluation of its currency, increasing inflation, and a humanitarian emergency caused by a severe […]
- China-Sri Lanka trade agreements ‘speed up’ amidst debt restructuring negotiations (Category: Breaking News)
- Myanmar will be middle income nation if reforms stay on track – ADB study (Category: Business)
- Japan to write off $ 3.7 b Myanmar debt, restart loans (Category: Business)
- Lanka’s growth to contract by 7.6% in 2022 – ADB (Category: Breaking News)
Sri Lanka President Ranil Wickremesinghe left for an official visit to Singapore and Japan this morning (May 23).The post Sri Lanka President leaves for Singapore and Japan for an official visit appeared first on ONLANKA News | Sri Lanka Latest Breaking News and Top Stories - Sri Lanka News.
- Sri Lanka President leaves for official visit to Japan and Philippines (Category: Breaking News)
- Sri Lankan President holds bilateral talks with Japanese foreign minister, Singaporean Prime Min... (Category: Breaking News)
- Sri Lanka President meets Prime Minister of Singapore (Category: Breaking News)
- President to leave for Singapore and Japan tomorrow (Category: Breaking News)
President Ranil Wickremesinghe, will undertake an official visit to Japan from tomorrow (24) to Saturday (27). During his stay, President Wickremesinghe is scheduled to meet with Prime Minister of Japan Kishida Fumio to exchange views on bilateral relations between Japan and Sri Lanka, and regional and international affairs. The President is also scheduled to attend […]
- Acting ministers appointed to oversee ministries under the President (Category: Breaking News)
- President leaves for official visit to Singapore and Japan (Category: Breaking News)
- President returns to island after Japan, Philippines visit (Category: Breaking News)
- President concludes Japan visit, set to leave for Philippines (Category: Breaking News)
Sri Lanka – Singapore Free Trade Agreement By Gomi Senadhira This month the highly controversial Sri Lanka – Singapore Free Trade Agreement (SLSFTA), which was signed in January 2018 and enforced in May 2018, completes five years in operation. Given the high level of concern among domestic stakeholders regarding the agreement. President Maithripala Sirisena appointed […]
- Are we out of touch with reality? (Category: Breaking News)
- China-Sri Lanka FTA: Will it benefit Sri Lanka in the long run? (Category: Breaking News)
- Lankans sitting on growing plastic time bomb (Category: Breaking News)
- Levy imposed on several items imported from Singapore slashed (Category: Breaking News)
Sri Lankan divers have recovered the remains of seven crew members from a Chinese fishing vessel that capsized in the central Indian Ocean. Several countries, including Australia, India, Sri Lanka, Indonesia, the Maldives, and the Philippines, joined in rescue efforts for 39 missing crew members after the Chinese distant-water fishing vessel “Lupeng Yuanyu 028” capsized […]
- Eight Sri Lankans among the released crew of the detained vessel by Nigerian High Court (Category: Breaking News)
- Sri Lankan assistance sought after Chinese vessel with 39 crew capsized (Category: Breaking News)
- Sri Lanka Navy recovers more bodies from Chinese ship (Category: Breaking News)
- Chinese fishing boat capsizes in Indian Ocean, 39 crew members missing (Category: Breaking News)
Sinopec (600028.SS) has signed a contract to enter Sri Lanka’s retail fuel market, the President’s office said on Monday, as the crisis-hit country attempts to reduce pressure on its meagre dollar reserves. Under the new deal the Chinese firm will be given a 20-year licence to operate 150 fuel stations and will also be able […]
- Sinopec offers to fully finance Hambantota refinery (Category: Breaking News)
- Sinopec to operate 200 filling stations in Sri Lanka (Category: Breaking News)
- China’s Sinopec to begin islandwide fuel distribution in Sri Lanka (Category: Breaking News)
- Sri Lanka to approve Sinopec’s $4.5 billion refinery proposal (Category: Breaking News)
President Ranil Wickremesinghe will have talks with Japan’s Prime Minister Fumio Kishidavisit during a visit to Tokyo from 24 to 27 May 2023. Wickremesinghe will be in Japan to address the 28th Nikkei Future of Asia Conference held in Tokyo. During the visit, President Wickremesinghe will hold bilateral discussions with Japan’s Prime Minister Fumio Kishida, […]
- President presents budget with no “fairy tales” (Category: Breaking News)
- President apologizes to Japanese PM over decision to halt LRT project (Category: Breaking News)
- Government to allocate Rs. 1 billion for AI technology next year (Category: Breaking News)
- Ranil loses his cool when questioned on Channel 4 video (Category: Breaking News)
Sri Lanka President Ranil Wickremesinghe called on every Sri Lankan to contribute to creating a glorious and prosperous country free of bankruptcy.The post Sri Lanka President says everyone must work together to build a country free from bankruptcy appeared first on ONLANKA News | Sri Lanka Latest Breaking News and Top Stories - Sri Lanka News.
- Everyone must work together to build a glorious country free from bankruptcy- President (Category: Breaking News)
- The Ella Odyssey: 75 Years of Diplomacy (Category: Breaking News)
- Sri Lanka President visits Indonesia for World Water Summit, meets Elon Musk (Category: Breaking News)
- Sri Lanka President’s 2023 New Year Message (Category: Breaking News)
Foreign Minister Ali Sabry summoned Canadian High Commissioner Eric Walsh to the Ministry of Foreign Affairs on Friday (19), and condemned and rejected outright the statement issued by the Canadian Prime Minister Justin Trudeau on 18 May 2023, the Ministry said in a release on Saturday. It said: “Minister Sabry stated that the politically motivated […]
- Ken Sunquist to visit Sri Lanka (Category: Breaking News)
- No reason for people to flee Lanka -Lankan Foreign Minister tells Canadian counterpart (Category: Breaking News)
- SL disappointed over Canadian PM's remarks (Category: Breaking News)
- Canadians' attitude hardening towards illegal migrants - Public Safety Minister (Category: Breaking News)
Sri Lanka is among three South Asian governments that increased borrowing from domestic banks to finance their record debt, and, as a result, sovereign-bank nexus increased, heightening the financial sector’s vulnerability, according to a World Bank report. The other two countries are the Maldives and Pakistan, says a WB report, titled ‘A mixed bag for […]
- Sri Lanka to enhance trade relations with South Asia, South East Asia and East Asia (Category: Breaking News)
- Devastating crisis for Sri Lanka s children is a caution for South Asia- UNICEF (Category: Breaking News)
- Children in South Asia including SL most likely to face water scarcity problems- UN (Category: Breaking News)
- Sri Lanka to build South Asia s largest logistics complex at Colombo Port (Category: Breaking News)
By Hema Senanayake hemasenanayake@yahoo.com IMF has an ideology, a system of ideas and ideals which forms the basis of its decisions and policy prescriptions for which the recipient country of the loan claims as of its own. The most important idea does not originate from economic theory but international trade theories instead. The Great Recession […]
- Flexible Rate (Category: Business)
- RW says great power rivalries and geopolitics emerging threat to Third World (Category: Breaking News)
- Steve Hanke on currency boards and flawed pegs amid Sri Lanka meltdown (Category: Breaking News)
- Reactions (Category: Business)
By N Sathiya Moorthy The foreign ministry cannot be blamed for coming down relatively heavily on Canadian Prime Minister Justin Trudeau for using the 14th anniversary of the end of the ethnic war to play to the gallery in his country. Yes, Diaspora Tamil constitutes a substantial constituency for him, yes, but to over-do the […]
- Canadian PM remembers Tamil victims of Sri Lanka’s war (Category: Breaking News)
- Canadian PM says Sri Lankans deserve peaceful and stable country (Category: Breaking News)
- A wrong message at a right time? (Category: Breaking News)
- Canadian PM remembers Black July when Sri Lankan Tamils were killed (Category: Breaking News)
[…]The post Prof. C.A. Saliya Making Research Methodology Easily Accessible To Sri Lankan Researchers appeared first on Colombo Telegraph.
- ‘Contemporary Issues In Socio-Economic Development’: A Timely Publication By Kelaniya University (Category: Breaking News)
- Target 2048 – Complex Economy System (Category: Breaking News)
- Target 2048 – Develop A Knowledge-Based Innovative Economy (Category: Breaking News)
- “Lamā Adhyāpanaya Sandahā Kathandara” (Stories To Be Used For Educating Children) (Category: Breaking News)
[…]The post Aragalaya, Political Buddhism & Ranilocracy appeared first on Colombo Telegraph.
- Political Buddhism & Corruption: The Unholy Twins (Category: Breaking News)
- IMF’s Prescription: Panacea Or Palliative? (Category: Breaking News)
- Economics Of Recovery & Politics Of Reconciliation (Category: Breaking News)
- Monk’s Imprisonment: Aragalaya Victory No. 2 (Category: Breaking News)
[…]The post April & May – Images From Two Months appeared first on Colombo Telegraph.
- What Is To Be Done? – Anura Kumara Dissanayake (Category: Breaking News)
- Colombo – Burning In The Sun, Drowning In The Rain (Category: Breaking News)
- Playing The Fiddle While The Country Burns! (Category: Breaking News)
- An Incident At Independence Square (Category: Breaking News)
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 […]
- Opposition to vote against debt restructuring plan (Category: Breaking News)
- Sri Lanka’s government debt rises to Rs. 5,902 billion (Category: Breaking News)
- Sri Lanka keeps its key policy rates unchanged, expects a dampening effect on credit growth (Category: Breaking News)
- Sri Lanka expects to finalise a domestic debt rework by May (Category: Breaking News)
Senior Consultant Orthopaedic Surgeon at Mount Elizabeth Novena Hospital and Parkway East Hospital Dr. Gurpal Singh was in Sri Lanka on the invitation of Parkway Patient Assistance Centre Colombo to deliver speeches on Evolution of Orthopaedic Oncology and development of Musculossketal Oncology, This lecture was organised by Parkway Cancer Centre, Singapore and the Sri Lanka […]
- Scarring Alopecia affects both men and women (Category: Breaking News)
- Latest in knee replacement: partial replacements and cartilage transplants (Category: Business)
- MAS dominate Inter-Firm Table Tennis (Category: Breaking News)
- Hope with Safa Counselling Centre (Category: Breaking News)
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 […]
- Sri Lanka: Shangri-La to open a hotel in Colombo in 2014 (Category: Breaking News)
- Construction work on the Shangri-La Hotel commence today (Category: Breaking News)
- Seven Stars (Category: Business)
- Second Property (Category: Business)
[…]The post Elections Season & JVP/SJB Options appeared first on Colombo Telegraph.
- Iran-Israeli Tit For Tat, India’s Vote Marathon & Lanka’s Long Election Eve (Category: Breaking News)
- Anura Kumara Dissanayake’s Accomplishments & Challenges (Category: Breaking News)
- India’s Election Timetable & Sri Lanka’s Deadlock Elections (Category: Breaking News)
- National Reconciliation, Criminal Accommodation & Election Juggling (Category: Breaking News)
[…]The post Liberal Or Edible Economics: Global Disorder Worst In A Century appeared first on Colombo Telegraph.
- Liberalism, capitalism & The Hungry Masses: “Edible Economics” Will Need To Restrain Choices (Category: Breaking News)
- Trump-Ramasamy Ticket GOP’s Best Bet In 2024; US Events Will Affect The Whole World (Category: Breaking News)
- Why Yuan Can’t Replace Dollar As The Global Currency (Category: Breaking News)
- Why Yuan Can’t Replace Dollar As The Global Currency (Category: Breaking News)
A woman who is believed to have swindled nearly Rs. 8.1 million under the guise of offering people foreign employment has been arrested following investigations by the Sri Lanka Bureau of Foreign Employment (SLBFE).
Sri Lanka Foreign Minister Ali Sabry has summoned the High Commissioner of Canada in Colombo, Eric Walsh to the Ministry of Foreign Affairs on Friday (May 19) to express Sri Lanka’s objection over a statement made by Canadian Prime Minister Justin Trudeau earlier this week.The post Sri Lanka’s Foreign Minister summons Canadian High Commissioner to express objections appeared first on ONLANKA...
- Sri Lanka rejects Canadian Prime Minister’s genocide allegation (Category: Breaking News)
- Sri Lanka’s Foreign Ministry to summon Canadian envoy over sanctions (Category: Breaking News)
- UK and Canada assure Sri Lanka will not tolerate glorification of terrorism (Category: Breaking News)
- UK and Canada assure Sri Lanka will not tolerate glorification of terrorism (Category: Breaking News)
The Sri Lanka Bureau of Foreign Employment (SLBFE)has taken all required measures to conduct an immediate investigation into the death of a Sri Lankan migrant worker in Singapore.
Sri Lanka Foreign Minister Ali Sabry has condemned and rejected outright the genocide claims made by Canadian Prime Minister Justin Trudeau pertaining to Sri Lanka s three-decade-long civil war.
The Ministry of Foreign Affairs has unreservedly rejected the recent statement issued by the Canadian Prime Minister Justin Trudeau pertaining to Sri Lanka s civil war.
[…]The post Political Buddhism & Corruption: The Unholy Twins: A Comment appeared first on Colombo Telegraph.
- Political Buddhism & Corruption: The Unholy Twins (Category: Breaking News)
- Double trouble of turbo twins (Category: Australia, Tasmania )
- Conjoined twins separated (Category: Breaking News)
- Aragalaya, Political Buddhism & Ranilocracy (Category: Breaking News)
The 2nd Experts Meeting on the Migration Partnership between Sri Lanka and Switzerland was held recently at the Ministry of Foreign Affairs.
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