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Senior Adviser on National Security to the President and Chief of the Presidential Staff Sagala Ratnayaka, announced that an ‘Anti-Narcotic Command’ will be established to combat the influx of drugs from foreign nations into Sri Lanka and that the required legislation is being drafted and will be presented to parliament soon. This initiative will empower […]
By Lynn Ockersz Japan has identified South Asia as a key region for the extension of its cooperation in disaster prevention. As a matter of policy, Japan is in the process of strengthening the disaster prevention and response capabilities of countries vulnerable to natural disasters all over the world, Komura Masahiro, Parliamentary Vice Minister for […]
Indian cricket legend Bishan Singh Bedi has died aged 77 after a prolonged illness. He was battling age-related illnesses and had undergone a few surgeries in recent years. Bedi, regarded as one of the world’s finest ever spin bowlers, captained India in 22 of his 67 Tests and took 266 wickets. He made his debut […]
[…]The post Target 2048 – Growth Lab Experiment Should Be Converted From A Mere Wish To Ground Level Reality appeared first on Colombo Telegraph.
By N Sathiya Moorthy By seeking to escalate the long-term fishers’ issue at a time the two nations are resuming the forgotten ferry service after four decades, Sri Lanka’s Fisheries Minister Douglas Devananada may be torpedoing the larger connectivity project of his President, Ranil Wickremesinghe. The minister’s reiteration of an earlier demand for an UN […]
The body of a 65-year-old Sri Lankan woman has been recovered from among the rubble of a destroyed building in Lebanon on Saturday (Oct 21), according to the Sri Lanka Bureau of Foreign Employment (SLBFE).
[…]The post The Cauldrons We Make appeared first on Colombo Telegraph.
Sri Lanka President Ranil Wickremesinghe revealed that a Presidential Election is set to take place in 2024 in accordance with the Constitution of Sri Lanka.The post Sri Lanka’s presidential and parliamentary elections will be held in 2024 – President appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Addressing the Special General Convention of the United National Party (UNP) held at the Sugathadasa Indoor Stadium in Colombo on Saturday (21)., President Ranil Wickremesinghe emphasized his commitment to bolstering the country’s economy by positioning Sri Lanka as a smart nation. The President outlined the timeline for upcoming elections in line with the constitutional provisions, […]
By Sanjeewa Jayaweera The English cricketer Moeen Ali, who incidentally is also the vice-captain of the team, posted on his Instagram page a thought-provoking quote: “If you are not careful, the newspapers will have you hating the people who are being oppressed and loving the people who are doing the oppressing”. The quote is attributed […]
[…]The post Sri Lanka Needs A Planning Commission appeared first on Colombo Telegraph.
Sri Lanka has decided to continue to actively participate in the Belt and Road Initiative proposed by China. Issuing a joint statement, Sri Lanka reiterated that it will never allow any separatist activity against China on Sri Lanka‘s soil. The joint statement by China and Sri Lanka was issued following a visit to China by President Ranil Wickremesinghe […]
IMF staff and the Sri Lankan authorities have reached a staff-level agreement on economic policies to conclude the first review of the 48-month EFF-supported programme. Sri Lanka will have access to SDR 254 million (about 330 million U.S Dollars) in financing once the review is approved by the IMF Management and IMF Executive Board. Macroeconomic […]
Indices at the Colombo Stock Exchange (CSE) recorded significant gains today (Oct. 20).
The International Monetary Fund (IMF) is looking for a strong budget and narrower deficit from Sri Lanka as it seeks funding to bridge the gap between government revenue and expenditure, the IMF mission chief for the country said on Friday.The post IMF wants strong budget, narrower deficit from Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
China is willing to offer assistance to Sri Lanka without political conditions and buy more of its exports, President Xi Jinping told his Sri Lankan counterpart on Friday in Beijing, state media said.The post China’s Xi offers to help Sri Lanka; buy more of its exports appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Sri Lanka and the International Monetary Fund (IMF) have reached a staff-level agreement on economic policies to conclude the first review of US $ 3 billion, 48-month, Extended Fund Facility (EFF).The post Sri Lanka reaches IMF staff-level agreement on first review appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Getting into a resilient mode after navigating severe economic turbulence, Sri Lanka is doubling down on its efforts to attract foreign direct investment and investors by rolling out a landmark investment law designed Âto eliminate the existing complexities.Â
China is willing to offer assistance to Sri Lanka without political conditions and buy more of its exports, President Xi Jinping told his Sri Lankan counterpart during a bilateral meeting in Beijing on Friday (Oct. 20), foreign media reported.
by Rex Clementine Former Sri Lanka captain Angelo Mathews was called up to India as a desperate measure to address the national cricket team’s batting woes in the ongoing ICC Cricket World Cup. Along with Mathews, fast bowler Dushmantha Chameera was also called up and the pair were expected to reach north Indian city of […]
Sri Lanka has informed the Chinese leadership about its interest to enter into a Free Trade Agreement (FTA) with China. Chinese Vice Premier Ding Xuexiang expressed profound gratitude for Sri Lanka’s enduring support through the historic Rubber-Rice Agreement with the People’s Republic of China. He emphasized that the Chinese people will always remember this gesture […]
The International Monetary Fund (IMF) and Sri Lanka have reached a crucial staff-level agreement which is now subject to the approval by IMF management and the IMF Executive Board. After constructive discussions with the authorities in Colombo and during the Annual Meetings in Marrakech, IMF Senior Mission Chief for Sri Lanka Peter Breuer and Deputy […]
Allrounder Angelo Mathews and fast bowler Dushmantha Chameera will join Sri Lanka’s World Cup squad as travelling reserves. They are expected to link up with the team on Friday, ahead of Sri Lanka’s fourth league game against Netherlands in Lucknow on Saturday, but can only be drafted into the squad in case of an injury […]
Sri Lanka s Minister of Foreign Affairs Ali Sabry has emphasised the need for Sri Lanka to make the right calls concerning important investment decisions, one year after Sri Lanka saw its worst, most unprecedented crisis.
China today assured medium and long-term support for Sri Lanka, during talks between President Ranil Wickremesinghe and Chinese Finance Minister Liu Kun. The Chinese Finance Minister reaffirmed China’s commitment to extend comprehensive support for the implementation of a medium-term and long-term program that is mutually beneficial to both parties and aimed at optimizing Sri Lanka’s […]
Chinese Finance Minister, Liu Kun, has reaffirmed China’s commitment to extend comprehensive support for the implementation of a medium-term and long-term program that is mutually beneficial to both parties and aimed at optimizing Sri Lanka’s debt.The post Chinese Finance Minister assures an extensive commitment from China to enhance Sri Lanka’s credit optimization appeared first on ONLANKA ...
(Bloomberg) -- Sri Lanka is taking an unfavorable view toward a proposal by foreign dollar bondholders for restructuring its debt, signaling possible complications in negotiations that are key for accessing further funding to support its economic recovery.
Maria Fernanda Garza, the Chair, of the International Chamber of Commerce (ICC), arrived in Sri Lanka today. The ICC, representing 170 countries with a corporate membership of 45 million companies, is the largest and most influential business organisation globally. Her first visit to Sri Lanka will encompass meetings with business and government leaders. Greeting her […]
Sri Lanka is taking an unfavorable view toward a proposal by foreign dollar bondholders for restructuring its debt, signaling possible complications in negotiations that are key for accessing further funding to support its economic recovery. “This proposal has not received a favorable response from Sri Lanka,” the Ministry of Finance said in an official statement, […]
A dedicated investment zone will be established for the fishing industry in the Northern Province of Sri Lanka, Minister of State for Fisheries Piyal Nishantha announced.The post Sri Lanka to establish dedicated investment zone for fishing industry in Northern province appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.