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by Rex Clementine Excitement among cricket enthusiasts is high with the T-20 World Cup less than a month away. After years of disappointing performances and underachievement, the team’s fortunes are back on track thanks to meticulous planning. A semi-final finish in the 20-team competition will be highly appreciated. The national selection panel under Upul Tharanga […]
Japan Foreign Minister, Ms. Yōko Kamikawa, called on President Ranil Wickremesinghe this afternoon (4) at the Presidential Secretariat. Foreign Minister Kamikawa praised the President’s efforts to overcome the economic crisis, as well as pursuing an ambitious economic reforms agenda. During the discussions with President Wickremesinghe, Minister Yōko Kamikawa, stated her Government’s intention to ...
by Dr B.J.C.Perera Specialist Consultant Paediatrician and Honorary Senior Fellow, Postgraduate Institute of Medicine, University of Colombo, Sri Lanka. John Fitzgerald Kennedy or JFK was the 35th President of the United States of America. He served as President from 20th January 1961, until his assassination on 22nd November 1963. Though his presidency lasted only a […]
By Rathindra Kuruwita A tense situation prevailed at the Bandaranaike International Airport (BIA) on Wednesday night, with visitors having to wait in queues for hours to obtain arrival visas because a foreign-owned company had been tasked with handling the on-arrival visa counter. The Sri Lankan government introduced the on arrival visa facility in 2012 and […]
Iranian Agriculture Minister Mohammad-Ali Nikbakht has stressed the need to further expand cooperation with Sri Lanka in trade and agriculture. Last year, Iran imported over $70 million of products, especially tea and coconut, from Sri Lanka, Nikbakht has pointed out, IRNA wrote. Importing tea from Sri Lanka, through a barter mechanism, is a proper step, […]
Over the last few decades China has not only become Africa’s largest trading partner, but is its biggest bilateral lender. In the last 15 years, trade between China and African nations reached $282.1 billion (in 2023). Out of these numbers, most of the exports to China were supplied by South Africa, Angola and the Democratic […]
The International Monetary Fund (IMF) wants Sri Lanka to work on governance issues and to also stick to the IMF supported program. Krishna Srinivasan, IMF Director of the Asia and Pacific Department noted that Sri Lankans faced a very difficult challenge when they embarked on the IMF program. “And so far, what we’ve seen is […]
A partnership between an Indian and a Russian firm has secured the management rights for the Mattala Rajapaksa International Airport in Hambantota. The airport, once infamous as the “world’s emptiest airport” due to minimal flight activity, is now under the purview of Shaurya Aeronautics (Pvt) Ltd of India and Airports of Regions Management Company of […]
Arespected law firm in New Zealand, when advertising positions for apprentice lawyers, tends to overlook applications from graduates who have not attended top-ranked institutions. Hence, it becomes crucial for universities to achieve international high rankings. Beyond scenarios like job searches, there are several reasons why a higher ranking holds significance for a university: https://www.adsci...
Cash-strapped Pakistan is poised to receive a $1.1bn loan tranche from the International Monetary Fund (IMF) after a key meeting of the international lender’s executive board on Monday, even as economists have warned that the country needs deep reforms to reduce its dependence on overseas financial assistance. Late on Monday night, Pakistan’s Ministry of Finance […]
By Khalid Hamoud Alkahtani The Kingdom of Saudi Arabia is hosting the first-ever special meeting of the World Economic Forum in the capital, Riyadh, which will discuss many important issues such as international cooperation, growth, and energy during the period 28th -29th April 2024. This event is one of the outcomes of the cooperation agreement […]
The Annual Economic Review and Financial Statements and Operations of the Central Bank for the Year 2023 points out that backtracking from the implemented and planned critical reforms will tip the economy to a state of instability. Thus, continuing with the broader political and social consensus on economic reforms will be critical to avoid recurring […]
[…]The post Foreign Debt Restructuring: Too Late & Too Short To Get Out Of The Debt Trap appeared first on Colombo Telegraph.
[…]The post American Chaos, Modi’s Heatwave & Ranil As Common Government Candidate appeared first on Colombo Telegraph.
Under Secretary for Trade and Foreign Agricultural Affairs at the U.S. Department of Agriculture (USDA), Alexis Taylor, paid a courtesy visit to President Ranil Wickremesinghe on Friday (April 26).The post USDA official collaborates with Sri Lankan President to advance dairy modernization appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
The United States and Sri Lanka discussed agriculture modernization efforts in Sri Lanka. Under Secretary for Trade and Foreign Agricultural Affairs at the U.S. Department of Agriculture (USDA), Alexis Taylor, paid a courtesy call on President Ranil Wickremesinghe. During the discussions, the President was briefed on the ongoing dairy modernization program supported by the US. […]
Reuters says that Sri Lanka has decided to transfer management of its $209 million Chinese-funded airport to two companies from India and Russia, according to a statement from the cabinet on Friday.The post Sri Lanka turns to Indian and Russian companies to manage Chinese-funded Airport appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Foreign Minister Ali Sabry is scheduled to leave for Riyadh, Saudi Arabia to attend the World Economic Forum’s Special Meeting on Global Cooperation, Growth and Energy for Development which will be held in Riyadh, Saudi Arabia from 28-29 April 2024. Convened by the World Economic Forum, the Special Meeting in Riyadh is expected to bring […]
High-ranking officials from around the world gathered in Saint Petersburg for the 12th International Meeting on Security Matters from April 22nd to 25th, 2024.The post 12th International Meeting on Security Matters: High-Ranking officials convenes in Saint Petersburg appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
The stock market serves as a nexus where millions of buyers and sellers converge to engage in transactions. At its core, each transaction represents an agreement between a buyer and a seller, with the central element being the price. This price is not static; it fluctuates continuously, reflecting the equilibrium between supply and demand. The […]
[…]The post Justice Does Not Require A Mandate But A New Government appeared first on Colombo Telegraph.
[…]The post Palestine & Ukraine: Two More Nails In Imperialism’s Coffin? – Part II appeared first on Colombo Telegraph.
The Government is maintaining a deafening silence on the investigations over a number of emblematic cases. Current President then Prime Minister Ranil Wickremesinghe had in 2015 assured justice over the murders, including that of former Editor Lasantha Wickrematunge and rugger player Wasim Thajudeen. However, President Wickremesinghe and his administration have not provided any assurances to [R...
[…]The post Debt, Divestiture & Discontent appeared first on Colombo Telegraph.
ECONOMYNEXT –The International Finance Corporation (IFC), the World Bank’s investment arm emphasized the importance of the private sector engagement in the recovery of the crisis-hit Sri Lanka’s economic growth. Riccardo Puliti, the IFC’s Vice President for Asia and the Pacific said this when he met State Finance Minister Shehan Semasinghe and the island nation’s Central […]
As a collective body of exporters, we have been at the forefront of sustaining employment and ensuring a steady flow of foreign exchange, even amidst the most severe economic downturns faced by our nation. Our membership covers the majority of merchandise exports, which account for some 13% of Sri Lanka’s GDP. Today, we stand united […]
The Ministry of Foreign Affairs, in coordination with Sri Lanka Missions in Myanmar and Thailand has facilitated the repatriation of eight Sri Lankans who were trafficked for forced criminal activities in cyber scamming compounds in Myanmar, a Ministry communique said yesterday. Myanmar law enforcement authorities rescued these Sri Lankans on 4 April 2024, following the […]
The International Monetary Fund (IMF) stands ready to support Sri Lanka’s discussions with international bondholders and will provide a formal assessment after the parties reach a tentative agreement-in-principle, an IMF spokesperson said on Thursday. “We hope an agreement consistent with the parameters of the IMF-supported program and official creditors’ Comparability of Treatme...
The Ministry of Foreign Affairs and the International Organization for Migration (IOM) – the UN Migration entity, facilitated the voluntary return of eight Sri Lankan migrants who were trafficked for forced criminal activities in the cyber scamming compounds in Myanmar. The Sri Lankan migrants have been forced into various cyber scamming activities in Myawaddy area […]
According to Reuters, the International Monetary Fund (IMF) has expressed readiness to facilitate Sri Lanka's ongoing negotiations with international bondholders.The post IMF ready to support Sri Lanka’s discussions with bondholders appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.