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Sri Lanka's in-principle pact with creditor nations to restructure its debt prepares the way for the International Monetary Fund (IMF) to consider clearing the first review of a bailout next month, the global lender said on Thursday.The post IMF says Sri Lanka debt deal could help board clear first bailout review appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka’s second review of $2.9 billion IMF bailout possible in first half of 2024 – official (Category: Breaking News)
- IMF Team to conduct second review of Sri Lanka’s EFF program in March 2024 (Category: Breaking News)
- IMF board approves first review of Sri Lanka’s nearly $3 billion bailout (Category: Breaking News)
- There is “strong expectation” of Sri Lanka commercial creditor deal: IMF (Category: Breaking News)
Sri Lanka needs $100 billion to become a net zero emitter by 2040, President Ranil Wickremesinghe said on Tuesday, as the island also attempts to build climate change resilience while navigating its worst financial crisis in decades.The post Sri Lanka needs $100 billion to become net zero emitter by 2040, president says appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka needs $100 billion to become net zero emitter by 2040, president says (Category: Breaking News)
- Govt. allocates 600 acres for proposed International Climate Change University (Category: Breaking News)
- President Calls for Unified Environment, Climate Change Law at Sri Lanka Climate Summit (Category: Breaking News)
- President Wickremesinghe warns of climate crisis and unveils ambitious plans (Category: Breaking News)
SLPP leader Mahinda Rajapaksa yesterday (28) hit back at critics, claiming that a robust economy had been built under his presidency. He said the UNP-SLFP government which ruled the country during the 2015-2019 period should be held responsible for the current economic crisis. The following is the text of a statement, titled ‘the origins of […]
- Sri Lanka Shippers’ Council perturbed by rescinding of Gazette No. 2014/10 of Oct. 2017 (Category: Breaking News)
- The Origins Of Sri Lanka’s Economic Crisis (Category: Breaking News)
- Ceylon Chamber identifies opportunities in Brazil during FIFA 2014 and Olympics 2016 (Category: Business)
- Expo 2014 coming next (Category: Business)
[…]The post Futility Of A ‘UN Day Of Palestinian Solidarity’ – In A World Carrying Its Past Guilt! appeared first on Colombo Telegraph.
- Partial West & Shameful Muslim Leaders Complicit In Israel’s War Crimes In Gaza (Category: Breaking News)
- Gazan Fire Fuelled By Western Genocide Enablers With A Scrambled Moral Compass! (Category: Breaking News)
- 75 Years On: The Shameful Legacy Of The ‘Palestinian Nakba’ Continues! (Category: Breaking News)
- If It Is Not ‘Genocide’ In Gaza, Then What Should We Call It? (Category: Breaking News)
New Sri Lankan diplomats set to assume duties in the respective countries, including India, Pakistan and Singapore, have been advised to bring fresh investments. The Ministry of Foreign Affairs concluded an orientation programme for 10 Heads of Mission-designate who were appointed by President Ranil Wickremesinghe. The Ambassadors-designate paid a courtesy call on President Ranil Wickremesinghe fo...
- Bogollagama presents Copy of Letter of Credence to UK FCO (Category: Breaking News)
- Masters of the game….. (Category: Breaking News)
- Five arrested during protest in support of Palestine near US Embassy (Category: Breaking News)
- UK official sent to welcome Sri Lanka’s new top diplomat to UK (Category: Breaking News)
[…]The post The Origins Of Sri Lanka’s Economic Crisis appeared first on Colombo Telegraph.
- Video: Out & About 14th August 2014 (Category: Video)
- Video: Out & About 2014 09 04 (Category: Video)
- Video: 240714glasgow 2014 (Category: Video)
- Video: Today 21st November 2014 (Category: Video)
[…]The post SC Judgment, Fiscal Philosophy, & Long-Term Decisions For A Brighter Future appeared first on Colombo Telegraph.
- IMF Bailout Conditions Plus New Central Bank Act Will Close Doors To Modern Monetary Theory (Category: Breaking News)
- Child’s Guide To Ranilnomics: Actual Tax Payment Is Not What One Pays Today (Category: Breaking News)
- Budget 2023: A Depth Or Dearth (Category: Breaking News)
- The Role Of National Defence In A Crisis-Ridden Economy (Category: Breaking News)
Labour and Foreign Employment Minister Manusha Nanayakkara emphasized that political parties on ethnic or religious lines established to gain narrow political advantage by sowing racism should be banned.The post Religion, ethnicity based political parties should be banned – Minister appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka’s foreign remittances up by 98.8% in February – Manusha (Category: Breaking News)
- Israel to recruit 2000 female caregivers from Sri Lanka this year (Category: Breaking News)
- Expats remitted US$100 Million to get 900 Electric Vehicle import licences (Category: Breaking News)
- Harin Fernando and Manusha Nanayakkara expelled from Samagi Jana Balawegaya (Category: Breaking News)
slams colleague over criticism of US envoy’s conduct By Shamindra Ferdinando SLPP MP Chandima Weerakkody has lashed out at fellow ruling party MP and Chairman of Sectoral Oversight Committee on National Security Sarath Weerasekera for the latter’s recent comment on US Ambassador Julie Chung’s conduct in respect of last year’s popular uprising which led to […]
- Sarath assures appropriate response (Category: Breaking News)
- SW asks if mishandling of Rambukkana incident led to May 09 violence (Category: Breaking News)
- Govt. should be ashamed of delay in serving justice (Category: Breaking News)
- Opp. MPs ask for probe into US role in Aragalaya after Speaker’s disclosure on external interven... (Category: Breaking News)
Monday 27th November, 2023 The SJB has commenced collecting signatures for a public petition as part of a campaign to have those who are responsible for the current economic crisis stripped of their civic rights. Given public resentment, which is palpable, the SJB may be able to obtain hundreds of thousands of signatures for its […]
- SJB blames Rajapaksas for impending financial burden on public, calls for Government change (Category: Breaking News)
- Reveal plans, uphold transparency (Category: Breaking News)
- SJB asks President to hold early general election (Category: Breaking News)
- Response to economic revival plan pathetic: Harsha disappointed (Category: Breaking News)
By Amal JAYASINGHE Malé (Maldives) AFP: Rising sea levels threaten to swamp the Maldives and the Indian Ocean archipelago is already out of drinking water, but the new president says he has scrapped plans to relocate citizens. Instead, President Mohamed Muizzu promises the low-lying nation will beat back the waves through ambitious land reclamation and building […]
- President Ranil congratulates new Maldivian counterpart on inauguration (Category: Breaking News)
- President Ranil meets new Maldivian counterpart, discusses ways to boost bilateral ties (Category: Breaking News)
- President Muizzu is leading the Maldives down a path of corruption and bankruptcy (Category: Breaking News)
- Maldives: Bridge gender gaps to accelerate progress, say UN experts (Category: Breaking News)
By Sujeeva Nivunhella Last week in Vienna, Ambassador M.R.K Lenagala, Sri Lanka’s representative to the UNO and other international organizations in Vienna, officially became the Ambassador Extraordinary and Plenipotentiary of Sri Lanka, following the presenting of Letters of Credence to President Alexander Van der Bellen at the Hofburg Palace. The ceremonial event marked the initiation […]
- New Maldives President Dr Muizzu and Ranil hold extensive talks (Category: Breaking News)
- Japan looks at investment opportunities in Sri Lanka (Category: Breaking News)
- President inspects motorcycle gifted by China (Category: Breaking News)
- President congratulates Sri Lanka national team for AFC U-13 Football festival (Category: Breaking News)
ECONOMYNEXT –Former minister, MP Rauff Hakeem has opposed Sri Lanka’s plans to send 10,000 workers to belligerent Israel.Cabinet spokesman minister Bandula Gunawardena said this week that cabinet approved a plan to send workers to Israel’s agriculture sector. “Sending our workers to a country that is committing war crimes is like sending workers to Nazi Germany, […]
- Labour Minister: Govt. won’t heed demand for severing diplomatic ties with Israel, halt sending ... (Category: Breaking News)
- SL workers to be given military training in Israel – Hakeem (Category: Breaking News)
- Hakeem asks govt. to tell Israel to stop genocide in Gaza (Category: Breaking News)
- Remittances from expat workers rise (Category: Breaking News)
ECONOMYNEXT –A Minister warns of emerging racism in the island nation targeting ethnic minorities ahead of 2024 elections while regretting the past racism-led events including riots and insurrections since the 1948 independence. Sri Lankan politicians have historically used racism to divide the country and win elections with the help of their own ethnicities and religious […]
- NPP calls for new Constitution: ‘13 no solution to any problem’ (Category: Breaking News)
- PAFFREL threatens court action on any attempt to put off LG polls (Category: Breaking News)
- Sumanthiran flays RW on “hollow words,” asks whether the ethnic crisis has been ended (Category: Breaking News)
- Election monitors threaten legal action in case of LG polls postponement (Category: Breaking News)
By Capt. A.G.A. Barrie P.Eng., B.Sc (Hons)(Eng) A.M.A. Azeez’s 50th death anniversary fell on November 24, 2023. Aboobucker Mohamed Abdul Azeez, an eminent educationist, erudite learned scholar in English and Tamil, brilliant orator, efficient administrator, writer, visionary and dedicated community worker, was born on October 4, 1911 to a traditional elite family of Vannarpannai in […]
- Dr. A.M.A. Azeez – He Placed Service Before Self (Category: Breaking News)
- Zahira College reflects on ‘Past Glories and a Way Forward’ (Category: Business)
- Zahira College holds 120th Anniversary Prize Day (Category: Business)
- Launch of support for Dharussalaam College on Sunday at Maligawatte (Category: Business)
Supermarket manager Laknath Dias says the economic crisis in his native Sri Lanka is too much for him to bear. He is getting ready to fly to Israel in December to work as a farmhand for nearly 10 times the pay, despite the war with Hamas.The post Thousands of Sri Lankan workers set to depart for Israel despite war appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka signs agreement to send workers to Israel (Category: Breaking News)
- Detained Sri Lankan women in Israel to be sent back to Jordan (Category: Breaking News)
- Israel’s Sri Lankans will be evacuated if needed – Minister (Category: Breaking News)
- Missing Sri Lankan woman in Israel confirmed dead (Category: Breaking News)
The Chartered Institute of Logistics and Transport Sri Lanka (CILT Sri Lanka) will hold their CILT International Conference 2023, an event that brings together the best minds and practices in the field of logistics and transportation on 24th November, at the Balmoral, Kingsbury Hotel Colombo. The Main Sponsor for this year’s conference is Haulmatic Technologies, […]
- Professorial Points? (Category: Business)
- Sri Lanka keen to import ethanol from India (Category: Breaking News)
- Advantis Projects speeds ahead with the delivery of Sri Lanka’s largest Tunnel Boring Machines (Category: Breaking News)
- Advantis and Cordelia Cruises unite to unleash the ultimate cruising experience in Sri Lanka (Category: Breaking News)
[…]The post Northern Tamils Are Not For Sale To China appeared first on Colombo Telegraph.
- Political Buddhism & Corruption: The Unholy Twins: A Comment (Category: Breaking News)
- Indian Ocean Security Conference & Ranil’s Statement – A Point Of View (Category: Breaking News)
- Should The Country Be Governed By As Sangha Says?: A Rejoinder (Category: Breaking News)
- Sri Lankan Forces To Be Trained In Modern Day Warfare: President (Category: Breaking News)
By Shamindra Ferdinando Foreign Minister Ali Sabry, PC, yesterday said that Parliament like other institutions should bear responsibility for the unprecedented economic crisis caused during President Gotabaya Rajapaksa’s administration. Minister Sabry said so when The Island sought his response as regards the responsibility of Parliament for the developing situation against the backdrop of the cou...
- Crisis: Sabry faults ‘handful of persons’ but won’t accept charge of economic crimes (Category: Breaking News)
- Sabry questions insistence of interested parties to cremate bodies of Covid-19 victims (Category: Breaking News)
- ‘War crimes’: Not only individuals but also entire fighting divisions ‘blacklisted’ – Foreign Mi... (Category: Breaking News)
- Kanchana’s warning to restrict fuel supplies irrelevant, all imports already disrupted-SJB (Category: Breaking News)
The abstention from voting recently by some foremost powers of the vital UN Security Council on a crucial resolution relating to the wellbeing of the people of the Gaza Strip, helped focus on the vexatious issues central to the Israel-Hamas war which are driving the world apart. The abstention from voting by the US, Russia […]
- SA envoy to Sri Lanka lambastes Israel (Category: Breaking News)
- Israel-Gaza conflict: NPC asks int’l community to step in (Category: Breaking News)
- Defeating despair in the face of rising world disorder (Category: Breaking News)
- Quandaries for world community from Mid-East tangle (Category: Breaking News)
By Rathindra Kuruwita Historically, Sri Lankan governments have failed to reduce the budget deficit, SJB MP Eran Wickramaratne says. Sri Lankan governments have consistently looked at maximising revenue but paid minimal attention to curtailing expenditure, MP Wickramaratne has said. Even the International Monetary Fund (IMF) had not factored in state expenditures when the latest bailout […]
- Eran questions whether country needs so many ministers (Category: Breaking News)
- NPP MP Herath quits PSC appointed to probe causes of bankruptcy (Category: Breaking News)
- Revenue raising measures insufficient to recover SL s financial crisis  SJB (Category: Breaking News)
- Govt. should not deviate from agenda of national needs in discussions to find solutions to crise... (Category: Breaking News)
By Shamindra Ferdinando Top SJB spokesman Dr. Harsha de Silva on Monday (20) dismissed Justice Minister Dr. Wijeyadasa Rajapakshe’s claim that well over USD 56.5 bn had been parked overseas by some exporters. Dr. de Silva also contradicted claims made by rebel SLPP MPs Vasudeva Nanayakkara, Wimal Weerawansa and Gevindu Cumaratunga on the matter. The […]
- USD 56.5 bn parked overseas: Govt. must deal with errant exporters firmly – Justice Minister (Category: Breaking News)
- Response to economic revival plan pathetic: Harsha disappointed (Category: Breaking News)
- SJB warns against counting foreign loans as part of forex reserves (Category: Breaking News)
- All praise for Lanka’s saviours! (Category: Breaking News)
Sri Lanka's consumer price inflation rose to 1% in October year-on-year from 0.8% in September, the statistics department said on Tuesday.The post Sri Lankan inflation rises to 1% in October appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka’s key inflation rate rises to 1.5% in October (Category: Breaking News)
- CCPI based inflation drops to 66% in October (Category: Breaking News)
- Sri Lanka’s inflation slows down to 70.6% in October 2022 (Category: Breaking News)
- Sri Lanka’s inflation climbed to 60.8% in July – CCPI (Category: Breaking News)
RM Parks Inc, a leading petroleum products distributor in the United States signed an agreement with the Board of Investment (BOI) for U$ 110 million to bring Shell products to Sri Lanka.The post RM Parks signs $110 million petroleum agreement with Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka signs agreement with RM Parks Inc to ensure uninterrupted fuel supply (Category: Breaking News)
- US energy company and Sri Lanka sign fuel distribution deal (Category: Breaking News)
- US-based RM Parks signs $110mn agreement with Sri Lanka (Category: Breaking News)
- Sri Lanka signs deal with RM Parks and Shell to enter fuel market (Category: Breaking News)
By C. A. Chandraprema The judgement delivered by a divided five-member bench of the Supreme Court with regard to two fundamental rights cases numbered 195/2022 and 212/2022 filed by several individuals including Mahim Mendis, Chandra Jayaratne, Julian Bolling and the NGO Transparency International has stirred up a political storm. The majority judgment was delivered by […]
- Is Speaker’s announcement consistent with SC determination? (Category: Breaking News)
- SC ruling on economic crisis: Parliament also responsible, says Foreign Minister (Category: Breaking News)
- Economic way forward; corruption; stunning SC ruling (Category: Breaking News)
- SC ruling on economic meltdown: Lacille wants wrongdoers appropriately dealt with (Category: Breaking News)
by Ahilan Kadirgamar Sri Lanka is going through its worst economic crisis since the 1930s, and the stabilisation policies of the Government could drastically change the political economic landscape of the country. Amidst these changes underway, education more broadly and the university system in particular, have come under considerable strain. In this column, I analyse […]
- Say no to NEPF! Say no to abolishing free education! (Category: Breaking News)
- Universities in crisis: Key learnings (Category: Business)
- The Long March To Nowhere (Category: Breaking News)
- Navigating challenges of dental education in Sri Lanka (Category: Breaking News)
Tuesday 21st November, 2023 Has the government begun to realise the futility of defending the indefensible? It has chosen to heed strident calls being made for action against the corrupt who are enriching themselves by endangering the lives of patients and causing enormous losses to the state coffers. After weeks of dilly-dallying, the CID has […]
- Keheliya submits bail application to high court (Category: Breaking News)
- Keheliya Rambukwella further remanded (Category: Breaking News)
- Ex-Health Minister Keheliya brought to court (Category: Breaking News)
- Rambukwella’s counsel NMRA member, say health sector TUs (Category: Breaking News)
Leading corporate and marketing communications professionals came together to formally launch the Public Relations Association of Sri Lanka (PRASL), beginning a new chapter in the progression of the practice of Public Relations as an industry in Sri Lanka. The landmark event at Cinnamon Grand, the Hospitality Partner, was graced by the distinguished presence of Atul […]
- Thanzyl Thajudeen joins PRCA Asia Pacific Regional Board (Category: Breaking News)
- Nominations handed over for Sri Lanka Cricket elections (Category: Breaking News)
- FIFA Council lifts suspension on Football Federation of Sri Lanka (Category: Breaking News)
- PRCA APAC appoints Country Representative for Sri Lanka (Category: Breaking News)
[…]The post Target 2048 Requires Sri Lanka To Develop A Viable Creative Capital Base appeared first on Colombo Telegraph.
- Target 2048 – Growth Lab Experiment Should Be Converted From A Mere Wish To Ground Level Reality (Category: Breaking News)
- Target 2048 – Go For Creative Capital And Not For Mere Human Capital (Category: Breaking News)
- Target 2048 – Social Market Economy Ideology Need Be Clarified & Signed Off (Category: Breaking News)
- Crisis-Hit Sri Lanka Economy (Category: Breaking News)
By N Sathiya Moorthy Anti-JVP social media has not stopped haranguing party boss and presidential candidate Anura Kumara Dissanayake, AKD for short, over his recent tour of the US. His visit was aimed at addressing Diaspora JVP supporters and sympathisers in that country, and was preceded by meetings with the US ambassador Julie Chung. It was […]
- How far can rebels and rebellions go? (Category: Breaking News)
- Sajith has his job cut out (Category: Breaking News)
- AKD & The JVP-NPP Should Tick All The Boxes To Win, Not Risk A Third Defeat (Category: Breaking News)
- Whose ‘systems change’ are we talking about? (Category: Breaking News)
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