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China’s efforts to gain the space it lost in Sri Lanka to India have hit yet another stumbling block after it vehemently opposed the invitation to Tibetan Buddhist spiritual guru Dalai Lama. Sri Lanka is a Buddhist-majority country and China’s record of treatment of religious minorities especially Tibetan Buddhists has not been good. China’s image […]
- China accused of blocking Dalai Lama’s Sri Lanka visit (Category: Breaking News)
- China’s wicked diplomatic maneuvers exposed (Category: Breaking News)
- Chinese Buddhist diplomacy and Sri Lanka’s predicament (Category: Breaking News)
- India’s historical connection to Buddhism (Category: Breaking News)
Sri Lanka's Central Bank Governor Dr. Nandalal Weerasinghe said regardless of the future elections, he wants to see a continuation of the economic reform path the country has embarked on, as it is the only way to come out of the current crisis.The post Sri Lanka’s Central Bank insists on staying on reform path regardless of election outcome appeared first on Sri Lanka News - Latest Breaking ...
- IMF process should continue whoever is in power – Central Bank Governor (Category: Breaking News)
- Sri Lanka will have to go for another DDO strategy if targets of current plan not achieved – CBS... (Category: Breaking News)
- Sri Lanka must implement budget proposals to avoid return to crisis (Category: Breaking News)
- Sri Lanka’s Central Bank Governor explains debt restructuring process (Category: Breaking News)
[…]The post The Absurdity Of ‘Independence’ & The Myth Of ‘Public Mandate’ appeared first on Colombo Telegraph.
- Futility Of Transforming A Nation Built Over A Political Cesspit (Category: Breaking News)
- Can Sri Lanka Come Out Of Its ‘Deer In The Headlights’ Mindset? (Category: Breaking News)
- Political Hawks Can Hijack The Post-Aragala Agenda! (Category: Breaking News)
- Mockery Of Commemorating The ‘Independence’ Which Denies Freedom & Due Rights To Its People! (Category: Breaking News)
[…]The post Enlightened Leadership To Overcome Challenges appeared first on Colombo Telegraph.
- Politically Strategic Or Principled Decisionmaking In The National Interest? (Category: Breaking News)
- Rise & Fall Of Nationalism In North & South (Category: Breaking News)
- President Needs Trust To Succeed In Problem Solving (Category: Breaking News)
- Weaponising Of The Law (Category: Breaking News)
Sri Lankan Minister of Foreign Affairs Ali Sabry has held talks with ministers and senior officials in Saudi Arabia, as the crisis-hit island nation seeks to boost cooperation with the Kingdom and other Gulf countries.The post Sri Lanka seeks to boost ties with Saudi Arabia and Gulf nations appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka seeks to boost ties with Saudi Arabia and Gulf nations (Category: Breaking News)
- Lanka seeks release of crew (Category: Breaking News)
- Sri Lanka seeks US$ 6 Billion fuel credit line from Saudi Arabia (Category: Breaking News)
- Sri Lanka seeks Asian Development Bank support in digitalization, agriculture (Category: Breaking News)
Sri Lankan Minister of Foreign Affairs Ali Sabry has held talks with ministers and senior officials in Saudi Arabia, as the crisis-hit island nation seeks to boost cooperation with the Kingdom and other Gulf countries.
Sri Lanka's economy could contract by -3.5 or -4.0% in 2023 after shrinking -11% last year, President Ranil Wickremesinghe said on Saturday.The post Sri Lanka economy could shrink by -3.5% to -4%, president says appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka’s economy shrinks 11.5% in first quarter as financial crisis continues (Category: Breaking News)
- Sri Lanka flags return to growth, protesters demand tax cuts (Category: Breaking News)
- Sri Lankan economy expected to contract by 3% in 2023: IMF official (Category: Breaking News)
- Is the worst over for Sri Lanka’s economic crisis? (Category: Breaking News)
ECONOMYNEXT –The United Kingdom is “ready to consider” financing assurances to Sri Lanka to secure a 2.9 billion US dollar extended fund facility (EFF) with the International Monetary Fund (IMF), a UK official said. Minister of State (Foreign, Commonwealth and Development Office) Anne-Marie Trevelyan told the British parliament on Tuesday January 24 that the UK […]
- IMF says Sri Lanka needs to talk with China about debt restructuring (Category: Breaking News)
- IMF board poised to approve USD 2.9 Bn Sri Lanka bailout on March 20 (Category: Breaking News)
- We are almost there with IMF bailout – CBSL Governor (Category: Breaking News)
- Parliament to debate IMF package from April 26 to 28 (Category: Breaking News)
[…]The post Is The World, Hopelessly Divided Over Ukraine, Coming Together For Sri Lanka? appeared first on Colombo Telegraph.
- The World After Mikhail Gorbachev & Sri Lanka After JR Jayewardene (Category: Breaking News)
- Where Are We Heading In 2023? (Category: Breaking News)
- Vladimir Putin, Xi Jinping & Joe Biden (Category: Breaking News)
- India Is Over The Moon, Ranil Wants Sri Lankan Children Taught Hindi & Chinese (Category: Breaking News)
US Under Secretary of State for Political Affairs Victoria Nuland is to offer support to Sri Lanka during a scheduled visit to the country. She will travel to Nepal, India, Sri Lanka, and Qatar from January 28 to February 3, 2023. In Nepal, Under Secretary Nuland will engage with the new government on the broad […]
- US and Sri Lanka discuss economic assistance, human rights (Category: Breaking News)
- U.S. Under Secretary for Political Affairs Victoria Nuland to visit Sri Lanka (Category: Breaking News)
- United States will continue to support Sri Lanka – Victoria Nuland (Category: Breaking News)
- Victoria Nuland arrives in Sri Lanka (Category: Breaking News)
[…]The post Continuing With Tight Monetary Policy: Is The Central Bank Making A Mistake? appeared first on Colombo Telegraph.
- Entrepreneurs Argue Against Unpredictable Exchange Rate, Interest Rates & Tax Policy (Category: Breaking News)
- The Latest IMF Condition – Make The Central Bank Independent (Category: Breaking News)
- RW’s National Policy & National Council (Category: Breaking News)
- Inflation, Interest Rate & Imperialism (Category: Breaking News)
[…]The post Big Fishes In Little Ponds: The Government’s & Civil Society’s Rightward Tilt appeared first on Colombo Telegraph.
- Sri Lanka’s Asian Heritage (Category: Breaking News)
- Why Civil Society Is In Error (Category: Breaking News)
- Putting Palestine In Perspective (Category: Breaking News)
- The Left, The Nationalist Right & Industrialisation As Policy (Category: Breaking News)
Under Secretary of State for Political Affairs Victoria Nuland is scheduled to travel to Nepal, India, Sri Lanka, and Qatar from January 28 to February 03, 2023.The post U.S. Under Secretary for Political Affairs Victoria Nuland to visit Sri Lanka appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Victoria Nuland arrives in Sri Lanka (Category: Breaking News)
- Victoria Nuland assures U.S. Government’s support for Sri Lanka’s recovery efforts (Category: Breaking News)
- What China has offered Sri Lanka is not enough for IMF bailout – U.S. Official (Category: Breaking News)
- United States will continue to support Sri Lanka – Victoria Nuland (Category: Breaking News)
A former top FBI official in New York has been arrested over his ties to a Russian oligarch, law enforcement sources told ABC News Monday.The post Former top FBI official arrested while returning from Sri Lanka appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Former top FBI official arrested in U.S. while returning from Sri Lanka (Category: Breaking News)
- Former top FBI official arrested while returning from Sri Lanka (Category: Breaking News)
- Another former senior health official arrested over immunoglobulin scandal (Category: Breaking News)
- Sri Lanka to repatriate nationals trafficked into Russia-Ukraine war (Category: Breaking News)
Sri Lanka is confident of reaching a deal with all its international creditors and securing financial support from the International Monetary Fund (IMF). State Minister of Finance Shehan Semasinghe said that the public have placed their trust on support from the IMF as it would create a foundation in finding solutions for the economic crisis […]
- Japan looks at investment opportunities in Sri Lanka (Category: Breaking News)
- Young woman fond dead near Race Course Ground (Category: Breaking News)
- Royal – Thomian, Sydney 2024 (Category: Breaking News)
- Duty-free shops at BIA relocated (Category: Breaking News)
China’s Export-Import Bank of China (EXIM) has provided Sri Lanka with a debt extension, China’s Foreign Ministry said, confirming a Reuters report earlier this week. EXIM offered Sri Lanka a two-year moratorium on its debt and said it would support the country’s efforts to secure a $2.9 billion loan from the International Monetary Fund, according […]
- China proposes setting up radar base in Sri Lanka (Category: Breaking News)
- Sri Lanka having regular consultations with US on China (Category: Breaking News)
- Sri Lanka seen as China’s top option for naval base (Category: Breaking News)
- China pushes its interest after debt restructuring pledge to Sri Lanka (Category: Breaking News)
Debt-ridden Sri Lanka on Wednesday (January 25) thanked India for issuing the necessary guarantees sought by the IMF that would help Colombo to unlock the USD 2.9 billion bailout package.The post Sri Lanka thanks India for giving assurances to IMF for USD 2.9 Billion bailout package appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Creditor cooperation a must for Sri Lanka’s IMF programme – Government (Category: Breaking News)
- IMF remains hopeful of Sri Lanka securing all financing assurances soon to unlock funding (Category: Breaking News)
- Jaishankar conveys India’s commitment to increase investment flows to Sri Lanka to hasten econom... (Category: Breaking News)
- IMF Executive Board considers Sri Lanka’s loan facility for approval today (March 20) (Category: Breaking News)
By Sanath Nanayakkare Governor of the Central Bank Dr. Nandalal Weerasinghe said yesterday that the CBSL was not in any way connected to the matter of holding local government elections. Dr. Weerasinghe said so responding to a question from journalists as to how the Central Bank viewed the possibility of holding the local government elections […]
- People benefitting from CBSL governor s decisions- Sabry defends Dr. Weerasinghe (Category: Breaking News)
- Economic situation will worsen if political stability is not established soon  CBSL chief (Category: Breaking News)
- Talks between IMF and Sri Lanka kick off (Category: Breaking News)
- Second DDO possible if targets of current one not achieved  CBSL governor (Category: Breaking News)
Any government which was detached from people's true aspirations cannot bring in economic recovery through measures such as imposing taxes, National People Power (NPP) leader Anura Kumara Dissanayake said yesterday.The post Government detached from people’s aspirations cannot bring in economic recovery – Anura appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLAN...
- Obstructing Elections is a Punishable Offence – Anura warns Treasury Secretary (Category: Breaking News)
- British High Commissioner meets NPP Leader (Category: Breaking News)
- Janatha Vimukthi Peramuna demands an early Election (Category: Breaking News)
- JVP Leader Anura Kumara meets India’s Foreign Minister S.Jaishankar in Delhi (Category: Breaking News)
By R. R. M. Lilani Even though Sri Lankan politics claim to be nonaligned, supportive of all countries, and prioritize Buddhism, on January 11, 2023, a number of Chinese diplomats and their Chargé d’affaires Hu Wei hurried to the Malwathu Chapter in Kandy and warned the high prelates not to host the Dalai Lama because […]
- Dalai Lama not planning to visit Sri Lanka for now: Tibetan official (Category: Breaking News)
- Crowds flow from different parts of the world for His Holiness the Dalai Lama’s visit to Bodhgaya (Category: Breaking News)
- China’s wicked diplomatic maneuvers exposed (Category: Breaking News)
- Sri Lankan University organises symposium on 88th birthday of Tibetan spiritual leader Dalai Lama (Category: Breaking News)
by Rohana R. Wasala First of all, let me express my sincere respects to Mr. D. L. Sirimanne, the writer of the interesting article entitled ‘Celebrating 75th Anniversary of Independence’ (The Island/Opinion/January 18, 2023). He struck me as a venerable old man, who, at 103 years of age, still thinks about the welfare of his fellow Sri […]
- Celebrating 75th Anniversary of Independence (Category: Breaking News)
- Is There A Basis For The Sinhalese To Insist On A Unitary Constitution? (Category: Breaking News)
- Lanka seeks Indian tips on language gap: Report (Category: Breaking News)
- When I Come Out With The Truth, You Say I Am Hurting The Sinhala-Buddhists (Category: Breaking News)
By Saman Indrajith Interest rates could be relaxed with a cash infusion via the IMF, the Central Bank officials, including Governor Dr. Nandalal Weerasinghe, told the Committee on Public Finance (CoPF) recently. Dr. Weerasinghe said high interest rates had been adopted to limit growth to prevent the need for greater foreign exchange given the dwindling […]
- IMF defends Central Bank s decision to raise policy rates (Category: Breaking News)
- Harsha hints at Chinese hurdle in debt relief talks (Category: Breaking News)
- IMF urges Sri Lanka to tighten monetary policy, raise tax to address debt woes (Category: Breaking News)
- Global economic outlook slightly less gloomy than expected, IMF says (Category: Breaking News)
As a result of sheer negligence, Sri Lanka has ended up being categorized as a perpetrator of war crimes, and those who had fought for the country are mercilessly targeted. There cannot be a better example than Air Marshal Sumangala Dias who suffered due to Sri Lanka’s failure. Canada refused to accept Dias as Sri […]
- Lanka warned of Extraterritorial jurisdiction (Category: Breaking News)
- Geneva challenge: Sabry needs to review ‘case’ anew (Category: Breaking News)
- Sri Lanka’s foreign policy dilemma (Category: Breaking News)
- Post-war deceptions (Category: Breaking News)
According to an article published by Daily Mirror, in 2020 alone, Sri Lanka has exported about 326 tons of sea urchins with China being the biggest buyer.[i] Going back as far as 2016, a sea leech hatchery was established by a Chinese joint venture company ‘Gui Lan (Pvt) Ltd’ centered on the northern peninsula to […]
- How the Chinese are destroying Sri Lankan fishing community (Category: Breaking News)
- Sea Cucumber Farming in Sri Lanka: A Threat to Local Fishermen? (Category: Breaking News)
- Sea cucumber projects: Chinese investments in expanding farms have cost fishermen their liveliho... (Category: Breaking News)
- Forlorn Paruthitivu Yields The Secrets Of The Illegal Chinese-EPDP Dollar-Making Nexus (Category: Breaking News)
The Export-Import Bank of China has offered Sri Lanka a two-year moratorium on its debt and said it will support the country’s efforts to secure a $2.9 billion loan from the International Monetary Fund, according to a letter reviewed by Reuters. India wrote to the IMF earlier this month, saying it would commit to supporting […]
- Sri Lanka receives financial assurance letter from China (Category: Breaking News)
- Letter To Tiran (Category: Breaking News)
- China asked to share copies of letter on Sri Lanka debt restructuring (Category: Breaking News)
- An Open Letter & Appeal To The IMF (Category: Breaking News)
Sri Lanka is committed to meeting all its debt repayments and is hoping to complete debt restructuring negotiations in the next six months, the country’s central bank chief P. Nandalal Weerasinghe said. “There has been good progress this month with India already pledging financing assurances. We expect assurances from China and Japan soon,” Weerasinghe said […]
- JICA will not fund projects in Sri Lanka until debt restructured (Category: Breaking News)
- India seeks close coordination between Sri Lanka and all creditors (Category: Breaking News)
- S&P lowers Sri Lanka’s sovereign rating to Select Default grade (Category: Breaking News)
- Sri Lanka’s debt repayments to be suspended until 2028 (Category: Breaking News)
The Export-Import Bank of China has offered Sri Lanka a two-year moratorium on its debt and said it will support the country’s efforts to secure a $2.9 billion loan from the International Monetary Fund, according to a letter reviewed by Reuters.The post China’s EXIM bank offers Sri Lanka debt extension – report appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLA...
- China says Exim Bank and Sri Lanka reached preliminary debt deal (Category: Breaking News)
- Sri Lanka says it has deal with China EXIM bank covering $4.2 billion of debt (Category: Breaking News)
- China s EXIM bank gives Sri Lanka debt extension (Category: Breaking News)
- Sri Lanka says China Exim Bank agreed in principle to restructure $4.2bn of debt (Category: Breaking News)
The International Monetary Fund (IMF) is still awaiting assurances on Sri Lanka in order to present a Fund-supported program for Sri Lanka to the IMF’s Executive Board, for approval. The IMF confirmed that India has committed to help ease the debt burden of its crisis-stricken neighbor Sri Lanka as part of a possible International Monetary […]
- IMF Executive Board approves bailout package for Sri Lanka (Category: Breaking News)
- IMF wants Sri Lanka to implement deals with official creditors (Category: Breaking News)
- Chinese Embassy in Sri Lanka slams US envoy (Category: Breaking News)
- D-day for Sri Lanka as IMF Executive Board meets to decide on EFF (Category: Breaking News)
India has committed to help ease the debt burden of its crisis-stricken neighbor Sri Lanka as part of a possible International Monetary Fund-supported program, the IMF said on Monday.The post India commits to help Sri Lanka on debt in prospective IMF program appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- India ‘strongly supports’ Sri Lanka debt restructuring plan, it tells IMF (Category: Breaking News)
- IMF eyes creditor assurances as it prepares Sri Lanka visit (Category: Breaking News)
- India commits to help Sri Lanka on debt in prospective IMF program (Category: Breaking News)
- Sri Lanka’s debt restructuring: China expected to inform its support to IMF today (Category: Breaking News)
Sri Lanka is to target the export market for poultry and eggs, the President’s Media Division said today. Senior Advisor to the President on Food Security Dr Suren Batagoda said that most of the issues related to the industry could be solved by way of coming to a collective agreement among all the stakeholders and […]
- Former UK PM David Cameron holds talks with RW (Category: Breaking News)
- Mahinda holds talks with Sampanthan (Category: Breaking News)
- Gotabaya pictured at Dubai’s private ‘Fame Park’ (Category: Breaking News)
- Maithripala, Dullas, Wimal form Freedom People’s Alliance (Category: Breaking News)
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