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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 […]
- Total foreign loans rise to $2.8bn in July (Category: Breaking News)
- China furious with Pakistan over delayed implementation of CPEC projects (Category: Breaking News)
- Former Pak Finance Minister Miftah Ismail says things to ‘remain tight for a while’ on economic ... (Category: Breaking News)
- Why is Pakistan a misfit for BRICS? (Category: Breaking News)
“After 2009, everything changed. Now the rule is, if I go to your house, read some Quran, pray together, and the government finds out, you go to jail.” That’s how the Freedom House had quoted Barna, a Uighur woman from Xinjiang who had been living in the United States since 2015. In the backdrop of […]
- China prevents exposure of human rights violations in Tibet and Xinjiang in foreign media (Category: Breaking News)
- China says attacks thwarted as Pakistan president visits Xinjiang (Category: Business)
- China tags Uyghurs as “violent extremists” for possession of the Quran (Category: Breaking News)
- Thousands of ethnic minority Muslims defy Chinese authorities in defense of mosque (Category: Breaking News)
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 […]
- Foreign Minister to attend special meeting of World Economic Forum in Riyadh (Category: Breaking News)
- Sri Lanka’s Foreign Minister to attend Riyadh meeting (Category: Breaking News)
- India-Saudi ties promise shared growth, security, stability, says Jaishankar (Category: Breaking News)
- As US watches on, China-Saudi relations grow in importance (Category: Breaking News)
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 […]
- World Bank commends Sri Lanka s progress on fiscal, financial and economic governance reforms (Category: Breaking News)
- President reveals govt s action plan for socio-economic reforms and accelerated development (Category: Breaking News)
- Govt ready to make ongoing economic reforms a law  State Minister tells IMF (Category: Breaking News)
- Sri Lanka needs strong new economic system, not reforms - President (Category: Breaking News)
[…]The post Foreign Debt Restructuring: Too Late & Too Short To Get Out Of The Debt Trap appeared first on Colombo Telegraph.
- Child’s Guide To Debt Restructuring: Not A Cakewalk But A Task Entailing Hard Work (Category: Breaking News)
- Child’s Guide To Ranilnomics: Proposed Debt Restructuring Will Pose More Issues Than Answers (Category: Breaking News)
- Has The Economy Been Assassinated & If So, Who Were The Assassins? (Category: Breaking News)
- Bankrupt Sri Lanka Celebrated Independence, But Now It Is Back To Hard Economic Realities (Category: Breaking News)
[…]The post American Chaos, Modi’s Heatwave & Ranil As Common Government Candidate appeared first on Colombo Telegraph.
- Destination Delhi: Roving President’s Next Port Of Call (Category: Breaking News)
- India’s Election Timetable & Sri Lanka’s Deadlock Elections (Category: Breaking News)
- Western Discontents, Modi’s New India, And Sri Lankan Anniversaries (Category: Breaking News)
- Iran-Israeli Tit For Tat, India’s Vote Marathon & Lanka’s Long Election Eve (Category: Breaking News)
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.
- US and Sri Lanka discuss agriculture modernization efforts (Category: Breaking News)
- Top U.S. State Dept. official visits Sri Lanka to strengthen agricultural ties, food security (Category: Breaking News)
- U.S. Under Secretary pledges support for Sri Lanka s dairy modernization efforts (Category: Breaking News)
- President offers land to Ambewela Farm to feed dairy cows (Category: Breaking News)
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. […]
- USDA official collaborates with Sri Lankan President to advance dairy modernization (Category: Breaking News)
- Australia and Sri Lanka discuss ways to strengthen relationship (Category: Breaking News)
- US urges Sri Lanka to continue commendable reforms (Category: Breaking News)
- Chinese President wants to advance relationship with Sri Lanka (Category: Breaking News)
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.
- 03/12/2010 14:45 INDIA – CHINA – SRI LANKA Chinese aid to Sri Lanka could lead to conflict (AsiaNe (Category: Breaking News)
- Sri Lanka: Chinese companies begin road extension work in Jaffna (Category: Breaking News)
- Rock slows Sri Lanka port project (Category: Breaking News)
- Sri Lanka pins hopes on China-funded port (Category: Breaking News)
The Cabinet of Ministers approved the proposal presented by the Minister of Urban Development and Housing to hold and host the inaugural ‘Wetland Link International Asia Oceania conference’ at Diyasaru Park, from 16 to 22 June 2024 as a MICE Tourism Promotion Program with Meetings, Incentives, Conferences and Exhibitions Wetland Link International (WLI) is an […]
- Surprise discovery of rare plant at Norfolk 'ghost pond' (Category: Technology)
- Surprise discovery of rare plant at Norfolk 'ghost pond' (Category: Technology)
- Surprise discovery of rare plant at Norfolk 'ghost pond' (Category: Technology)
- Surprise discovery of rare plant at Norfolk 'ghost pond' (Category: Technology)
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 […]
- Sri Lanka eyes US$5 billion in foreign funds after debt restructure (Category: Breaking News)
- Ali Sabry to have talks in Doha (Category: Breaking News)
- Foreign Minister to have talks in Saudi Arabia (Category: Breaking News)
- Ali Sabry to visit India to attend Raisina Dialogue (Category: Breaking News)
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.
- Sri Lanka holds 12th Asia-Oceania Regional Meeting and Port Forum (Category: Breaking News)
- Sri Lanka to host the 12th International Meeting of Association of Ports and Harbours (Category: Breaking News)
- 12th Leopard death reported from Matale (Category: Breaking News)
- 12th Leopard death reported from Matale (Category: Breaking News)
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 […]
- Should you invest in the stock market now? (Category: Breaking News)
- Insider trading: Good, bad or ugly? (Category: Business)
- Real potential of the Colombo stock market (Category: Business)
- MBSL expands investment management services on a regional level (Category: Business)
[…]The post Justice Does Not Require A Mandate But A New Government appeared first on Colombo Telegraph.
- A Warning To Be Heeded (Category: Breaking News)
- Accountability Issues & Human Rights Cannot Be Glossed Over (Category: Breaking News)
- Time For Truth Come Out (Category: Breaking News)
- Government Needs To Commit To More Than Commissions (Category: Breaking News)
[…]The post Palestine & Ukraine: Two More Nails In Imperialism’s Coffin? – Part II appeared first on Colombo Telegraph.
- Palestine & Ukraine: Two More Nails In Imperialism’s Coffin? – Part III (Category: Breaking News)
- Palestine & Ukraine: Two More Nails In Imperialism’s Coffin? (Category: Breaking News)
- War On China? – V: A “Carnival” Of Quads (Category: Breaking News)
- Vladimir Putin, Xi Jinping & Joe Biden (Category: Breaking News)
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...
- Graveside memorial service to mark 14th anniversary of Lasantha’s murder (Category: Breaking News)
- Graveside memorial service to mark 15th anniversary of Lasantha’s murder (Category: Breaking News)
- The Hague ‘people’s tribunal’ urges justice for Lasantha (Category: Breaking News)
- Two unidentified bodies recovered from Kurundu Oya (Category: Breaking News)
[…]The post Debt, Divestiture & Discontent appeared first on Colombo Telegraph.
- RW’s Plea In Paris & Predicament At Home (Category: Breaking News)
- Anti-Terrorism Act To Prevent System Change (Category: Breaking News)
- Glocalization Without Financialization (Category: Breaking News)
- Restructuring The Economy: A Stock Take (Category: Breaking News)
[…]The post When The West’s Mask Slipped – Exposing Its Hypocrisy Beyond Gaza! appeared first on Colombo Telegraph.
- From ‘Never Again’ To ‘Here Again’ – World’s Shameful Indifference To Israeli Impunity! (Category: Breaking News)
- If It Is Not ‘Genocide’ In Gaza, Then What Should We Call It? (Category: Breaking News)
- Partial West & Shameful Muslim Leaders Complicit In Israel’s War Crimes In Gaza (Category: Breaking News)
- Gazan Fire Fuelled By Western Genocide Enablers With A Scrambled Moral Compass! (Category: Breaking News)
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 […]
- High Tech Private Buses (Category: Breaking News)
- No private buses on April 13 (Category: Breaking News)
- Private tanker owners withdraw from fuel transport services (Category: Breaking News)
- Sri Lanka to open ground handling, catering, jet fuel supply at airports to private sector (Category: Breaking News)
Two foreign women, who were attempting to smuggle in 500 grams of cocaine by ingesting them have been arrested at the Bandaranaike International Airport (BIA) in Katunayake.
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 […]
- ‘Recognizing, Inspiring and Strengthening’ SL’s exporters (Category: Breaking News)
- Brandix excels at export awards (Category: Breaking News)
- Dollars and conscience (Category: Breaking News)
- Why record export earnings may not be good news (Category: Breaking News)
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 […]
- Govt help sought to rescue 14 Lankans stranded in Myanmar (Category: Breaking News)
- More Lankans headed to Cyber Criminal Area (CCA) in Myanmar irrespective of warnings (Category: Breaking News)
- Sri Lankans rescued from cyber scam trafficking in Myanmar safely repatriated to Sri Lanka (Category: Breaking News)
- Six Lankan victims of trafficking repatriated from Myanmar (Category: Breaking News)
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...
- IMF insists no talks with Sri Lanka on digital services tax (Category: Breaking News)
- IMF begins talks in Sri Lanka in attempt to reach deal (Category: Breaking News)
- Bondholders and Sri Lanka fail to agree on restructuring terms (Category: Breaking News)
- IMF delegation to visit Colombo next week (Category: Breaking News)
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 […]
- Over 150 illegal Sri Lankan migrants return from Viet Nam (Category: Breaking News)
- Rescued Sri Lankans from Myanmar to be repatriated to Sri Lanka via Bangkok (Category: Breaking News)
- IOM provides humanitarian assistance to 303 Sri Lankan migrants (Category: Breaking News)
- Round Up (Category: Business)
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.
- IMF ready to support Sri Lanka s discussions with bondholders (Category: Breaking News)
- IMF ready to support Sri Lanka’s discussions with bondholders (Category: Breaking News)
- Sri Lanka hoping to continue talks with bondholders after consulting IMF (Category: Breaking News)
- Sri Lanka to continue talks with bondholders (Category: Breaking News)
The eight Sri Lankans, including 2 females who were rescued from the cyber scamming camps in Myawaddy area of Myanmar have arrived in Sri Lanka this morning after being repatriated with the help of the International Organisation for Migration (IOM) and the Ministry of Foreign Affairs.
Thursday 18th April, 2024 Tourist arrivals are on the increase, according to the Sri Lanka Tourism Development Authority. Prestigious international travel guides are very generously promoting Sri Lanka as a must-visit tourist destination. Lonely Planet says ‘endless beaches, timeless ruins, welcoming people, oodles of elephants, rolling surf, cheap prices, fun trains, famous tea and flavourful [...
- Lanka notched million foreign tourist arrivals for 2023 on Tuesday (Category: Breaking News)
- Country attracts more than 800,000 tourists by 8 August (Category: Breaking News)
- SLTB to launch luxury service targeting foreign tourists (Category: Breaking News)
- Boom in tourism (Category: Breaking News)
The Samagi Jana Balawegaya (SJB) has urged the government to maintain transparency in the ongoing debt restructuring process as national elections are around the corner and that the next government will have to honour the conditions agreed upon by the incumbent administration. The SJB said so soon after the government of Sri Lanka rejected international […]
- Harsha accuses govt. of being secretive about debt negotiations with international commercial cr... (Category: Breaking News)
- Harsha hints at Chinese hurdle in debt relief talks (Category: Breaking News)
- Sajith tells President to get facts right (Category: Breaking News)
- Kiriella: Rule of law should be restored for investors to come (Category: Breaking News)
Reuters reports that Sri Lanka intends to engage with the International Monetary Fund (IMF) to determine if its recent debt restructuring proposals align with the terms of its financial aid program, according to a statement from the finance ministry on Wednesday.The post Sri Lanka consults IMF after rejecting debt restructure proposal appeared first on ONLANKA - Sri Lanka Latest Breaking News and ...
- China tells IMF willing to take constructive part in debt talks (Category: Breaking News)
- IMF says Sri Lanka debt deal could help board clear first bailout review (Category: Breaking News)
- Sagala meets with IMF representatives to discuss prior actions and debt restructuring (Category: Breaking News)
- India commits to help Sri Lanka on debt in prospective IMF program (Category: Breaking News)
As Beijing increases its repression of ethnic minorities in China to establish Han domination, the Chinese Communist Party is also devising numerous ways to ensure that the overseas media cannot expose this ongoing violation of human rights behind the bamboo curtain. The Chinese media is highly censored. To project the false image of China as […]
- Tibet’s resistance to decades of colonial suppression of China (Category: Breaking News)
- UN rights chief’s first visit to China seems to be ‘wasted historic opportunity’ (Category: Breaking News)
- Xi builds campaign to change West-led world order (Category: Breaking News)
- ‘One China’ principle and ‘One Country, Two Systems’ policy are ironical (Category: Breaking News)
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