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[…]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 and Sri Lanka are currently in Âactive communications on the island nation s debt restructuring, the Chinese foreign ministry said on Wednesday.
Sri Lankan assistance has been sought after a Chinese vessel with 39 crew members capsized in the Indian Ocean. The Chinese fishing vessel had capsized in the central Indian Ocean, with its crew of 17 Chinese, 17 Indonesian and five Filipino sailors missing, state media reported Wednesday, according to Reuters. A multinational search and rescue […]
- Sri Lankan divers recover 7 bodies from Chinese ship (Category: Breaking News)
- Chinese spy vessel enters Malacca Strait en route to Colombo (Category: Breaking News)
- Elon Musk’s deal for Twitter raises concern about China’s influence over the platform (Category: Breaking News)
- Sri Lankans on oil tanker seized by Iran (Category: Breaking News)
A Chinese fishing vessel with 39 crew members on board has capsized in the Indian ocean and President Xi Jinping has ordered that all efforts be made to search for survivors, state media reported on Wednesday.The post Chinese fishing boat capsizes in Indian Ocean, 39 crew members missing appeared first on ONLANKA News | Sri Lanka Latest Breaking News and Top Stories - Sri Lanka News.
- Chinese fishing vessel capsizes in Indian Ocean; 39 people missing (Category: Breaking News)
- Sri Lanka Navy divers managed to find 14 bodies from the Chinese vessel that capsized in the Ind... (Category: Breaking News)
- Sri Lankan divers recover 7 bodies from Chinese ship (Category: Breaking News)
- China scales down rescue effort for missing crew of capsized vessel (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)
As part of his efforts to enhance dialogue with Heads of Mission of Islamic countries in New Delhi, High Commissioner of Sri Lanka to India Milinda Moragoda presented a copy of the Sinhala translation of the Holy Quran to the Ambassador of Saudi Arabia to India Saleh Eid Al-Husseini today (16). The presentation was made […]
- 100th Diplomatic Mission to be concurrently accredited from New Delhi to Colombo soon (Category: Breaking News)
- Sinhala translation of Quran presented to Bharain Ambassador (Category: Breaking News)
- One of three Lankan pilgrims found (Category: Breaking News)
- High Commissioner Moragoda continues dialogue with Indian Premier’s Principal Secy (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 Government of Japan through the Food and Agriculture Organization of the United Nations (FAO) is providing USD 4,629,629 to strengthen the production capacity of smallholder paddy farmers in identified districts of the Dry and Intermediate Zones of Sri Lanka.The post Japan provides $ 4.6 Million through FAO to boost paddy production in Sri Lanka appeared first on ONLANKA News | Sri Lanka Lates...
- Japan provides $ 4.6 million through FAO to boost paddy production in Sri Lanka (Category: Breaking News)
- Japan provides $ 4.6 million through FAO to boost paddy production in Sri Lanka (Category: Breaking News)
- Japan grants 8,360 Metric Tonnes of fertiliser to support paddy farmers in Sri Lanka (Category: Breaking News)
- European Union donates 3,820 tonnes of urea fertilizer to Sri Lanka’s paddy farmers (Category: Breaking News)
Sri Lanka is to have its first nuclear power plant which is to be constructed by 2032 with Russian technical support. This was noted when the Sectoral Oversight Committee on Energy and Transport met in Parliament discuss the current status and future activities of the Sri Lanka Atomic Energy Board. The committee was chaired by […]
- IAEA studying plans to build nuclear power plant in Sri Lanka (Category: Breaking News)
- Sri Lankans overseas can renew or apply for a new passport online (Category: Breaking News)
- Policy decision taken to switch to nuclear energy (Category: Breaking News)
- US Ambassador to India holds talks with Sri Lankan envoy (Category: Breaking News)
The Government of Japan through the Food and Agriculture Organization of the United Nations (FAO) is providing USD 4,629,629 to strengthen the production capacity of smallholder paddy farmers in identified districts of the Dry and Intermediate Zones of Sri Lanka. Smallholder farmers are amongst the most vulnerable rural communities, predominantly cultivating rice for self-consumption. Lack […...
- Japan provides $ 4.6 Million through FAO to boost paddy production in Sri Lanka (Category: Breaking News)
- EU and FAO launch initiative to improve paddy farming in Sri Lanka (Category: Breaking News)
- FAO delivers 3,820 tonnes of urea fertilizer to farmers in Sri Lanka (Category: Breaking News)
- Japan grants 8,360 Metric Tonnes of fertiliser to support paddy farmers in Sri Lanka (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)
The Government is to offer housing to Sri Lankan migrant workers, the Ministry of Foreign Employment said. A discussion in this regard was held with the participation of the Minister of Foreign Employment, Manusha Nanayakkara. The Government is to construct apartment units for Sri Lankan migrant workers and also single unit houses on property owned […]
- Students visit President’s House one year after it was stormed (Category: Breaking News)
- Emirates to promote Sri Lanka as ideal destination for travellers (Category: Breaking News)
- Senthil, Charles and Lakshman Yapa get Governor posts (Category: Breaking News)
- Probe over fire at Sri Lanka’s Finance Ministry (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)
Monday 15th May, 2023 Colombo looked like a garrison town over the weekend with a heavy military and police presence. The government had received an intelligence warning that a plot was being hatched to trigger a wave of civil disturbances, media reports said. Thankfully, what was feared did not come to pass, and the need […]
- JVP Leader claims there is a witch hunt against ex-military personnel who associate with his party (Category: Breaking News)
- Rockets hit Baghdad’s Green Zone as parliament prepared to meet (Category: Breaking News)
- Decorated gunship pilot blacklisted for appearing on political stage (Category: Breaking News)
- Police use water cannon to disperse protesters in Jaffna (Category: Breaking News)
A Sri Lankan delegation, led by Minister of Ports, Shipping and Aviation, Nimal Siripala De Silva, together with State Minister of Foreign Affairs,Tharaka Balasuriya, participated in the 6th Indian Ocean Conference (IOC) held from 12 to 13 May, in Dhaka, Bangladesh. The opening session of the event was inaugurated by Prime Minister of Bangladesh, Sheikh […]
- Foreign Minister underscores significance of actively engaging with Indian Ocean Rim countries (Category: Breaking News)
- Foreign Minister to attend Indian Ocean Rim Association Meeting in Dhaka (Category: Breaking News)
- President Ranil meets with India s foreign minister while in Australia (Category: Breaking News)
- Sri Lanka, Australia mull strengthening bilateral ties amid Indian Ocean dynamics (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)
Sri Lanka has entered into a Memorandum of Understanding (MoU) on bilateral consultations with Luxembourg, Minster of Foreign Affairs Ali Sabry revealed.
Sri Lankan migrant workers’ foreign remittances increased to US$ 454.0 million in April 2023 from US$ 248.9 million in April 2022, according to Minister of Labour and Foreign Employment Manusha Nanayakkara.The post Sri Lankan migrant workers’ foreign remittances increase in April 2023 compared to 2022 appeared first on ONLANKA News | Sri Lanka Latest Breaking News and Top Stories - Sri Lanka...
- Sri Lanka’s foreign remittances up by 98.8% in February – Manusha (Category: Breaking News)
- Migrant workers’ remittances record sharp increase in March (Category: Breaking News)
- Sri Lankan Migrant workers’ remittances record sharp increase in May (Category: Breaking News)
- Sri Lankan migrant workers remit 5.4 Billion USD in first 11 months (Category: Breaking News)
SriLankan Airlines says it did not receive any outside funding in the last two years. The airline also said it suffered a foreign exchange loss of LKR142.6 billion resulting from the revaluation of net foreign currency liabilities due to the sudden depreciation of the Sri Lankan rupee exchange rate in March 2022. The group, in […]
- SriLankan Airlines denies claims it lost essential workers (Category: Breaking News)
- Government to sell 49 % stake in SriLankan (Category: Breaking News)
- SriLankan Airlines insists it has sufficient amount of pilots (Category: Breaking News)
- SriLankan denies claims flights grounded over financial issues (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)
Sri Lankan migrant workers foreign remittances have seen an improvement in April 2023 in comparison to the inflows recorded in April 2022, according to Minister of Labour and Foreign Employment Manusha Nanayakkara.
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)
Friday 12th May, 2023 There is hardly anything that the ruling party politicians and their cronies hate more than last year’s anti-government protests, which brought them down a peg or two. Never do they miss an opportunity to demonise Aragalaya. Chief Government Whip and Minister Prasanna Ranatunga, speaking in Parliament, yesterday, demanded to know from […]
- ‘Aragalaya XCore’ launched to prepare young members to contest future polls (Category: Breaking News)
- JVP: Both President and ruling party MPs must be sent home (Category: Breaking News)
- CPA survey claims JVP Leader most popular with 48.5% of those surveyed (Category: Breaking News)
- Disappearances: reflections of a reporter (Category: Breaking News)
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