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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 […]
- A fairy tale, success or debacle (Category: Breaking News)
- 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)
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)
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 Aragalaya, Political Buddhism & Ranilocracy appeared first on Colombo Telegraph.
- Political Buddhism & Corruption: The Unholy Twins (Category: Breaking News)
- On System Change (Category: Breaking News)
- IMF’s Prescription: Panacea Or Palliative? (Category: Breaking News)
- Economics Of Recovery & Politics Of Reconciliation (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)
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 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)
[…]The post Two Challenges: Economic Recovery, Political Devolution – V appeared first on Colombo Telegraph.
- Two Challenges: Economic Recovery, Political Devolution – II (Category: Breaking News)
- Two Challenges: Economic Recovery, Political Devolution – III (Category: Breaking News)
- Two Challenges: Economic Recovery & Political Devolution – IV (Category: Breaking News)
- Sinhala-Buddhism & The Nation State Of Sri Lanka (Category: Breaking News)
[…]The post Central Banks Have A Critical Role To Play During Times Of Financial Crisis appeared first on Colombo Telegraph.
- Ministry Of Finance, Economic Stabilization & National Policies (Category: Breaking News)
- CB To Launch A Diagnostic Audit Of Sri Lankan Banks; “Physician, Heal Thyself”! (Category: Breaking News)
- New CBSL Act – Monetary Policy – Interest Rates Et Al. (Category: Breaking News)
- Banks, Fitch Ratings, NPLs & Impairments! (Category: Breaking News)
China should play a formal role in the common framework for creditor talks set up by India and the Paris Club that is aimed at facilitating Sri Lanka’s debt restructuring, a U.S. official said. Sri Lanka defaulted on its foreign debt for the first time in its history last April as its economy faced its […]
- Sri Lanka’s debt repayments to be suspended until 2028 (Category: Breaking News)
- Japan wants Sri Lanka’s creditors to participate on comparable terms (Category: Breaking News)
- China in close communication with Sri Lanka on debt restructuring (Category: Breaking News)
- Maithripala and US official discuss political situation in Sri Lanka (Category: Breaking News)
By N Sathiya Moorthy Notwithstanding the statutory denial by the Chinese Embassy in Colombo, the British media reports of plans to construct a High-Frequency Short Wave (HFSW) radar station at Dondra Point, the country’s southern-most end, needs independent verification. According to the report, the radar, with a 180-km range and 12-degree coverage, will help Beijing monitor […]
- China pushes its interest after debt restructuring pledge to Sri Lanka (Category: Breaking News)
- China rejects allegations of attempting to influence media in Sri Lanka (Category: Breaking News)
- China to enhance ties with SLPP (Category: Breaking News)
- China proposes setting up radar base in Sri Lanka (Category: Breaking News)
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 […]
- Indian tourists visiting Sri Lanka can pay in INR (Category: Breaking News)
- Indian Rupee not a legal tender in Sri Lanka for domestic payments (Category: Breaking News)
- RBI allows international trade settlement in Rupee (Category: Breaking News)
- RBI permits banks to open vostro accounts from 22 countries for trade in rupee (Category: Breaking News)
The United States, in its annual report on religious freedom, noted the harassment of religious minority groups in Sri Lanka in 2022. The annual report on International Religious Freedom noted that the US Embassy in Colombo had emphasized the need for respect for and inclusion of ethnic and religious minorities as part of the postconflict […]
- We condemn the opinion of Chinese Ambassador who supports the genocides: Jaffna University Stude... (Category: Breaking News)
- Wijeyadasa not ruling out contesting presidential polls (Category: Breaking News)
- Sri Lanka donates 4.6 tons of apparel to earthquake victims in Türkiye (Category: Breaking News)
- IOM assistance sought to repatriate Sri Lankans stranded in Iran (Category: Breaking News)
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 […]
- Uncertainty over impending elections could risk Lanka’s economic recovery: ADB (Category: Breaking News)
- Lanka can be on path to recovery by 2024: IMF official (Category: Breaking News)
- New IMF funds for Sri Lanka may be delayed as review sees revenue shortfall (Category: Breaking News)
- More than a quarter of Lankans living in poverty – World Bank (Category: Breaking News)
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 […]
- SLT Group stays resilient for Q3 overcoming external impacts (Category: Breaking News)
- SLT Group annual revenue surpasses Rs. 100 bn amid unprecedented challenges (Category: Breaking News)
- SLT Group annual revenue surpasses Rs. 100 Bn again (Category: Breaking News)
- SLT-MOBITEL reports marginal growth in Q1 2024 amidst cost optimization efforts (Category: Breaking News)
The Sri Lankan economy is expected to contract by 3% in 2023 given the weak external environment, Krishna Srinivasan, Director of the Asia Pacific Department at the International Monetary Fund, said on Monday.The post Sri Lankan economy expected to contract by 3% in 2023: IMF official appeared first on ONLANKA News | Sri Lanka Latest Breaking News and Top Stories - Sri Lanka News.
- Sri Lanka s economic prospects critically hinge on implementation of reform program  IMF (Category: Breaking News)
- Sri Lanka can be on path to prosperity if debt sustainability achieved – IMF (Category: Breaking News)
- IMF: Sri Lanka can discuss proposals from private creditors including GDP-linked bonds (Category: Breaking News)
- IMF tells Sri Lanka to work on governance issues (Category: Breaking News)
[…]The post Politics Of Poverty & Aswesuma appeared first on Colombo Telegraph.
- The Economy & Politics: A Reality Check (Category: Breaking News)
- Economic Realities & Political Promises (Category: Breaking News)
- Recovery, Growth & Toxic Imports (Category: Breaking News)
- Towards A False Dawn (Category: Breaking News)
[…]The post Beyond The Myth Of TINA To The IMF: The New Development Bank In The Asian 21st Century appeared first on Colombo Telegraph.
- Debt Restructuring As Rocket Science: The IMF, Green, Blue & Pink-Washing BlackRock? (Category: Breaking News)
- Channel 4’s Easter Sunday: The IMF Descends Amid An Over The Horizon Operation Staring ‘Sonic-So... (Category: Breaking News)
- Alternatives To The IMF & The Future Of The Welfare State: Beyond The Blame Game Between Superpo... (Category: Breaking News)
- IMF, Sri Lanka’s Resource Curse & Privatization Of The Central Bank (Category: Breaking News)
Cash-strapped Sri Lanka’s national airline announced a staggering US $ 525 million annual loss yesterday.The post Sri Lanka’s airline posts US $ 525 million annual loss appeared first on ONLANKA News ::. Latest Sri Lanka News with Breaking News Alerts from Sri Lanka.
- SriLankan CEO believes ‘worst is over’, expects $50 Million profit next year (Category: Breaking News)
- Sri Lanka airline boss says ‘don’t be a CEO during Covid’ (Category: Breaking News)
- SriLankan Airlines returns to profit amid privatization efforts (Category: Breaking News)
- SriLankan Airlines says paid interest on US$ 175 million bond after sovereign debt default (Category: Breaking News)
The Food and Agriculture Organization of the United Nations (FAO) initiated a 1.5 million USD project, via funding from China as part of the South-South Cooperation (SSC) programme, to improve the quality and value of Sri Lankan fruits in the global market by improving the production and commercialization of fruit value-chains in Sri Lanka. Issuing […]
- IPS looking at food loss mitigation in mango and tomato value chains (Category: Breaking News)
- Nepal and Sri Lanka aim to jumpstart SAARC and BIMSTEC (Category: Breaking News)
- Science Diplomacy as a powerful tool for national unity and friendship among nations – I (Category: Breaking News)
- Sri Lanka to build South Asia s largest logistics complex at Colombo Port (Category: Breaking News)
A program to generate income for Sri Lanka through 'Health Tourism' is expected to be prepared, President’s Senior Adviser Sagala Ratnayaka said.The post Sri Lanka Government focuses on promoting ‘Health Tourism’ appeared first on ONLANKA News ::. Latest Sri Lanka News with Breaking News Alerts from Sri Lanka.
- Sri Lanka Government pays special attention to revive the construction sector (Category: Breaking News)
- Sri Lanka to establish Anti-Narcotic Command to curb drug influx (Category: Breaking News)
- Asian Development Bank backs future water supply projects in Sri Lanka (Category: Breaking News)
- Let’s work together for a prosperous Sri Lanka – President (Category: Breaking News)
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...
- World’s first international environmental university will be established in Sri Lanka – President (Category: Breaking News)
- World s first int l environmental university to be established in Sri Lanka (Category: Breaking News)
- Will establish the world's first international environmental university in Sri Lanka (Category: Breaking News)
- Sri Lanka President meets UN Secretary-General in Egypt (Category: Breaking News)
An elephant donated to Sri Lanka more than two decades ago is expected to be brought back to Thailand in June to receive medical treatment as he is ill and has poor living conditions. Natural Resources and Environment minister Varawut Silpa-archa said the timeframe for Sak Surin to come home has been developed in a […]
- Thailand had to bust $530,000 to fly ailing elephant back from Sri Lanka (Category: Breaking News)
- Thailand to send mahouts, aircraft to Sri Lanka to bring back sick elephant (Category: Breaking News)
- Thailand makes push to bring home abused elephant from Sri Lanka (Category: Breaking News)
- Sri Lanka discouraged Thailand from taking back sick elephant (Category: Breaking News)
by Sanath Nanayakkare State Minister of Defence Premitha Bandara Tennakoon said on Tuesday that Sri Lanka Navy will undertake the task of mapping out an essential map for safe marine navigation for ocean-going ships sailing in Sri Lankan waters. “Many countries require merchant ships to have these maps on board for safe navigation when they […]
- Justice Minister alleges NARA causes massive revenue losses, opposes remedial measures (Category: Breaking News)
- Sri Lanka to amend National Hydrology Act to boost revenue through electronic navigation charts (Category: Breaking News)
- Govt. sets up National Hydrographic Office, clears the way for further developments in the field (Category: Breaking News)
- Magampura takes its place in maritime maps of the world - President (Category: Breaking News)
An International Monetary Fund (IMF) staff team will arrive in Sri Lanka on Thursday, a statement from the global lender said as the crisis-hit country prepares for the first review of a loan programme in September.The post IMF delegation to arrive in Sri Lanka on Thursday appeared first on ONLANKA News ::. Latest Sri Lanka News with Breaking News Alerts from Sri Lanka.
- IMF Team to conduct second review of Sri Lanka’s EFF program in March 2024 (Category: Breaking News)
- IMF team in Colombo this week for first review of Extended Fund Facility (Category: Breaking News)
- IMF refutes reports on its advice to digital service tax in Sri Lanka (Category: Breaking News)
- China tells IMF willing to take constructive part in debt talks (Category: Breaking News)
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.
- Former Pakistan Prime Minister Imran Khan shot and wounded in ‘clear assassination’ attempt (Category: Breaking News)
- Pakistani court releases Imran Khan on protective bail (Category: Breaking News)
- Pakistan ex-PM Imran Khan and wife jailed for 7 years for unlawful marriage (Category: Breaking News)
- Ex-Pakistan PM Imran Khan apologises in contempt of court case (Category: Breaking News)
Thailand is scheduled to host a retreat of BIMSTEC foreign ministers in July, to reinvigorate the 25-year-old intergovernmental organisation, said a report by the Thai PBS World. An informed source told Thai PBS World that Thailand, the current chair of the Bay of Bengal Initiative for Multi-sectoral Technical and Economic Cooperation (BIMSTEC) has scheduled a […]
- BIMSTEC Secretary General visits Sri Lanka; briefs President on expectations from 6th summit (Category: Breaking News)
- Need to revitalise trade, investment component of BIMSTEC countries - Sabry (Category: Breaking News)
- Crucial importance of cordial India-China ties for Southern development (Category: Breaking News)
- Nepal and Sri Lanka aim to jumpstart SAARC and BIMSTEC (Category: Breaking News)
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