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[…]The post Ranil’s Prospects At The Next Election appeared first on Colombo Telegraph.
By Easwaran Rutnam German companies operating in Sri Lanka have raised the red flag with some warning they will be compelled to withdraw from the country if the import ban continues, Daily Mirror learns. Sri Lanka has slapped an import ban on several items owing to the shortage of US dollars, but Germany has urged […]
ECONOMYNEXT –Days after he lambasted the government for its tax policy, Sri Lanka opposition leader Sajith Premadasa defended progressive taxation noting a serious income inequality in the crisis-hit South Asian nation.In a meeting held in Kandy with the city’s business community, Premadasa said the main opposition Samagi Jana Balawegaya (SJB) has a team of politicians […]
Excerpted from volume ii of Sarath Amunugama autobiography I was lucky both as Permanent Secretary and a researcher in the field of family planning to spend time in the east coast which is one of the loveliest parts of Sri Lanka, with its pristine beaches and a large swath of blue sea. The Information department […]
The Election Commission is to file a special motion before the Supreme Court on the difficulties it is facing on holding the Local Government (LG) elections on 9th March. Adequate funds not released by the Treasury, shortage of fuel and delays in printing the ballot papers are some of the issues. The Treasury has informed […]
By I A Ramesh As Sri Lanka negotiates with bilateral creditors on debt restructuring to avail of the IMF package, the promise and perils of a geopolitically significant developing nation navigating the growing strategic rivalry in the Indo-Pacific region has become apparent. Earlier in August 2022, the docking of the Chinese satellite tracking vessel Yuan […]
[…]The post A Painted Ship In A Painted Ocean appeared first on Colombo Telegraph.
The Treasury has informed the Election Commission that it does not have sufficient funds to pay for the conduct of elections in March. Treasury Secretary Mahinda Siriwardana said that funds can be released only for essential services owing to the economic crisis Sri Lanka is currently facing. The Local Government election is scheduled to be […]
Asia’s leading polls monitoring outfit, Asian Network for Free Elections (ANFREL), yesterday said it was deeply concerned by the numerous attempts to disrupt the long overdue local elections, in Sri Lanka. ANFREL said the local elections were supposed to be held on 20th March, 2022, and have been postponed, for almost a year, by the […]
The Finance Secretary has officially informed the National Election Commission that serious problems have arisen regarding the provision of funds for the Local Government Election in the wake of the economic crisis in the country.The post Funding for the Local Government Election is a difficult task – Finance Secretary appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ON...
The beautiful island nation Sri Lanka, also known as ‘the pearl of the Indian ocean’, has been going through its toughest economic crisis since its independence in 1948. Another victim of the vicious ‘debt-trap diplomacy’, Sri Lanka has seen significant growth in Chinese influence in the recent past. While the entire world witnessed the tragedies […]
The Sri Lankan economy could be revitalised through systematic and revolutionary economic reforms, Opposition leader Sajith Premadasa said in Colombo recently.He added that any plan to revitalise the country must attempt to reduce corruption dramatically. “This can be done with changes to procedure and introducing new laws. A lot of money has been taken out […]
Sri Lanka and India will sign a pact to link their power grids and start negotiations on an upgraded trade agreement within two months, a Sri Lankan diplomat said on Wednesday, as the island nation seeks a way out of its worst economic crisis in decades.The post Sri Lanka, India to sign power grid linking pact within two months – envoy appeared first on Sri Lanka News - Latest Breaking News ...
(Reuters) - Sri Lanka and India will sign a pact to link their power grids and start negotiations on an upgraded trade agreement within two months, a Sri Lankan diplomat said on Wednesday, as the island nation seeks a way out of its worst economic crisis in decades.
President Ranil Wickremesinghe on Wednesday said Sri Lanka would be able to begin the debt restructuring process soon. Addressing an event organised by a private university in Colombo, President Wickremesinghe said that he was hopeful that Sri Lanka would receive the International Monetary Fund (IMF) board approval for a USD 2.9 billion bailout package by […]
Thursday 16th February, 2023 The Rajapaksa-Wickremesinghe regime is in overdrive to derail the local government (LG) elections. It might succeeded in sabotaging postal voting. It knows that it is highly unpopular, and an electoral contest at this juncture will seal its fate. It is a dead man walking! In 1994, the then President Chandrika Bandaranaike […]
[…]The post Qualified Candidates Essential For System Change appeared first on Colombo Telegraph.
[…]The post People’s Power Under Siege Within Sri Lanka’s ‘Demo-Crazy’! appeared first on Colombo Telegraph.
With China yet to support Sri Lanka debt restructuring based on the debt sustainability analysis (DSA) of the IMF and Paris Club, time is running out on Colombo to secure a much-needed loan to revive the nation from the present economic crisis. Sri Lanka is seeking a USD 2.9 billion-dollar loan from the IMF
With China yet to support Sri Lanka debt restructuring based on the debt sustainability analysis (DSA) of the IMF and Paris Club, time is running out on Colombo to secure a much-needed loan to revive the nation from the present economic crisis.The post China dithers over IMF’s Sri Lanka debt plan, leaves Colombo in limbo appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ...
[…]The post PAYE Tax; Will There Be A Mass Exodus? appeared first on Colombo Telegraph.
[…]The post Warning Signal To RW’s Transformation Agenda appeared first on Colombo Telegraph.
India is drafting a proposal for G20 countries to help debtor nations badly hit by the economic fallout from the pandemic and Ukraine war, by asking lenders including China, the world's largest sovereign creditor, to take a large haircut on loans.The post Exclusive: G20 host India to propose China, other creditors take haircuts on loans – sources appeared first on Sri Lanka News - Latest Bre...
Civil society grouping Direction Sri Lanka has said that the country required an Independent National Planning Commission. The following is the text of a statement issued by Direction Sri Lanka: “It is the considered position of Direction Sri Lanka that the neglect of evidence-based national planning in the Country now for over four decades has […]
Debt-stricken Sri Lanka is fast-tracking efforts to seal a stalled trade pact with Thailand in order to boost trade and tourism, and improve the foreign currency shortage that has led to its worst economic crisis, a government minister said on Tuesday.The post Sri Lanka to fast-track trade pact with Thailand amid crisis appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA...
By Ifham Nizam The Ceylon Electricity Board would lose more than Rs. 100 billion from next year due to the delay in the construction of 350 MW Sobhadanavi Liquefied Natural Gas (LNG) plant at Kerawalapitiya that was expected to add 200 MW to the national grid this year. However, non-availability of funds would bring the […]
The International Labour Organisation has initiated a project in support of 3,725 women and men, in the Mannar, Kilinochchi, Vavuniya, and Mullaitivu districts, to earn an income, as well as sustain their livelihood, through several short-term relief mechanisms. According to a statement issued by the ILO Office, Colombo, these include temporary employment in infrastructure developments, […]
[…]The post Privatisation Of Public Assets Under Neoliberal Corporate Capitalism: Modern Evil appeared first on Colombo Telegraph.
[…]The post Grappling With A Malakada Panatha, In Lock-Up: Review Of Sujith Rathnayake’s Latest Exhibition appeared first on Colombo Telegraph.
[…]The post ‘We Cannot Find Conclusively That Zahran Was The Leader Of Thawheed Jamaath’, Long Hidden Malalgoda Report States appeared first on Colombo Telegraph.