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Sri Lanka's central bank is expected to keep rates unchanged at its policy meeting this week as it continues to support the debt-laden economy amid persistently high inflation.The post Sri Lanka’s Central Bank to hold rates as inflation stays high appeared first on ONLANKA News - Sri Lanka Latest Breaking News and Live Updates - Sri Lanka News.
- Sri Lanka Central Bank to hold rates as inflation worries persist (Category: Breaking News)
- Sri Lanka central bank holds rates, sees sharp drop in inflation (Category: Breaking News)
- Sri Lanka to hold rates as inflation slows slightly, focus on IMF bailout (Category: Breaking News)
- Central Bank of Sri Lanka threatens administrative measures over high market interest rates (Category: Breaking News)
Sri Lanka has sought the assistance of Superstar Rajinikanth to boost tourism in the country. The Deputy High Commissioner of Sri Lanka Dr. D. Venkateshwaran met Padma Bhushan ‘Superstar’ Rajinikanth, a world renowned actor from South India, at his residence this week, the Foreign Ministry said today. During the meeting, the Deputy High Commissioner invited […]
- President says Sri Lanka no longer bankrupt (Category: Breaking News)
- Sri Lanka Navy recovers more bodies from Chinese ship (Category: Breaking News)
- Probe on Marine Drive accident involving SUV (Category: Breaking News)
- Celebrations galore as Sri Lanka welcomes 2023 (Category: Breaking News)
Sri Lankans living overseas can apply for a new passport or renew their passport online from 01 June, the Parliament Sectoral Oversight Committee on International Relations was told. Officials of the Immigration and Emigration Department said this during the sectoral oversight committee on international relations held under the chairmanship MP Namal Rajapaksa. Officials pointed out […]
- Sri Lanka to have its first nuclear power plant with Russian assistance (Category: Breaking News)
- IAEA studying plans to build nuclear power plant in Sri Lanka (Category: Breaking News)
- COPE proposes special Select Committee to probe economic crisis (Category: Breaking News)
- Bill and Melinda Gates Foundation’s assistance sought for upcountry (Category: Breaking News)
Ethiopia is keen to strengthen its bilateral relations with Sri Lanka, the President of Ethiopia, Sahle-Work Zewde said. The Ambassador of Sri Lanka to Ethiopia K.K. Theshantha Kumarasiri presented his credentials to President of Ethiopia Sahle-Work Zewde at the Presidential Palace in Addis Ababa, Ethiopia. Following the presentation of credentials, Ambassador Kumarasiri was received in […]
- Sri Lanka looks to enhance ties with Russia (Category: Breaking News)
- Chinese Vice Minister of Foreign Affairs to visit Sri Lanka for talks (Category: Breaking News)
- Kazakhstan invites Sri Lankan President to undertake an official visit (Category: Breaking News)
- ADB pledges further support for Sri Lanka (Category: Breaking News)
Vietnam wants to develop its bilateral relations with Sri Lanka more effectively, Vietnam’s Deputy Prime Minister Tran Luu Quang said. Tran Luu Quang met with President Ranil Wickremesinghe in Tokyo. Talking to the Sri Lankan leader, Deputy PM Tran Luu Quang, who is paying a working visit to Japan, affirmed that Vietnam consistently attaches importance […]
- President calls on Vietnamese PM (Category: Breaking News)
- Vietnam to expand economic cooperation with Sri Lanka (Category: Breaking News)
- PM Modi Discusses Ukraine, South China Sea With Top Vietnam Leader (Category: Breaking News)
- Japanese Finance Minister Shunichi Suzuki to visit Sri Lanka (Category: Breaking News)
By Harischandra Gunaratna Chairman of the Institute of Hospitality, Dr. Harsha Jayasinghe on Tuesday said the brain drain in the country had not only led to a serious loss of talent but also hampered the industry’s ability to provide high-quality services and meet the demands of national and international visitors. Speaking at the 31st AGM […]
- Urgent measures needed to halt exodus of skilled personnel (Category: Breaking News)
- Browns Hotels & Resorts celebrates World Tourism Day with an insightful forum (Category: Breaking News)
- Kumar elected 17th President of FCCISL (Category: Business)
- Remittances from expat workers improving, says Manusha (Category: Breaking News)
Israel’s President Isaac Herzog wants Sri Lanka to improve its record in voting for Israel in international forums. The newly appointed Ambassador Extraordinary and Plenipotentiary of Sri Lanka to the State of Israel Nimal Bandara presented his Credentials to President Isaac Herzog. The ceremonial event was held at the President’s Residence in Jerusalem, the Capital […]
- SLFP did not approve MPs joining Cabinet (Category: Breaking News)
- Detained Sri Lankan women in Israel to be sent back to Jordan (Category: Breaking News)
- Myanmar to help Sri Lanka tackle human trafficking (Category: Breaking News)
- Sri Lanka looks to work closer with ASEAN (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 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)
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)
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)
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 expects to host 1.55 million visitors and earn 2.7 billion Sri Lankan rupees ($8.4 million) in much-needed tourism revenue this year, as it maps a road to the recovery of its tourism sector amid its worst economic crisis in decades.The post Sri Lanka expects cash infusion from 1.5 million tourists in 2023 for crisis-hit economy appeared first on Sri Lanka Breaking News and Top Headlines ...
- Sri Lanka looks to adventure travel to attract ‘quality’ tourists and help rebuild economy (Category: Breaking News)
- Indian cruise ship to launch operations to Sri Lanka (Category: Breaking News)
- Analysis: A year later, Sri Lanka’s tentative economic recovery eludes the poor (Category: Breaking News)
- Tourist arrivals in Sri Lanka cross 200,000 in December (Category: Breaking News)
Adventure tourism is playing a key role in helping Sri Lanka rebuild its economy after a turbulent few years for the South Asian nation.The post Sri Lanka looks to adventure travel to attract ‘quality’ tourists and help rebuild economy appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA News.
- Sri Lanka looks to adventure travel to attract quality tourists and help rebuild economy (Category: Breaking News)
- Sri Lanka approves visa-free entry for tourists from 07 countries (Category: Breaking News)
- Driving Adventure (Category: Business)
- Sri Lanka Tourism ready for tourists (Category: Breaking News)
Sri Lanka President Ranil Wickremesinghe addressed the United National Party (UNP) May Day celebrations held at the Sugathadasa Indoor Stadium in Colombo yesterday (May 01) through video technology.The post Sri Lanka President says Let 2048 be the year of development for Sri Lanka appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA News.
- Government’s objective is to develop Sri Lanka as a thriving nation by 2048 (Category: Breaking News)
- Let us collectively join hands to make 2048 the year of development in Sri Lanka – President (Category: Breaking News)
- President to intensify focus on national unity, youth aspirations (Category: Breaking News)
- Elections will be held in accordance with the Constitution, Presidential poll in 2024 – President (Category: Breaking News)
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