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China’s efforts to gain the space it lost in Sri Lanka to India have hit yet another stumbling block after it vehemently opposed the invitation to Tibetan Buddhist spiritual guru Dalai Lama. Sri Lanka is a Buddhist-majority country and China’s record of treatment of religious minorities especially Tibetan Buddhists has not been good. China’s image […]
Sri Lanka's Central Bank Governor Dr. Nandalal Weerasinghe said regardless of the future elections, he wants to see a continuation of the economic reform path the country has embarked on, as it is the only way to come out of the current crisis.The post Sri Lanka’s Central Bank insists on staying on reform path regardless of election outcome appeared first on Sri Lanka News - Latest Breaking ...
Sri Lanka was found to be more corrupt in 2022 than it was in the year 2021, according to the 2022 Corruption Perceptions Index (CPI). The 2022 Corruption Perceptions Index (CPI) released by Transparency International saw Sri Lanka’s rankings drop by 1 point in 2022 from the year 2021. The CPI has ranked Sri Lanka […]
India and Sri Lanka have been able to address the impact of a Chinese surveillance vessel’s visit to Hambantota port last year and Colombo is looking to New Delhi to help drive economic recovery through investments in key sectors such as energy, Sri Lankan envoy Milinda Moragoda said.The post Jaishankar’s visit reset bilateral relations, says Sri Lankan envoy appeared first on Sri Lanka News...
Economics primarily drive politics and this principle applies to Sri Lanka’s relations with almost the entirety of the world’s regions. The fact that economic interdependence is compelling this country to break new ground in its ties with the Middle East bears this out fully. Over the decades, Sri Lanka has prioritized the need to sustain […]
[…]The post Will India Be The Game Changer For RW? appeared first on Colombo Telegraph.
Sri Lanka’s gross official reserves stood at an estimated US dollars 1.9 billion by the end of 2022, the Central Bank of Sri Lanka said today. The bank said that the gradual improvement in workers’ remittances, together with the revitalisation of tourism, helped improve the external current account balance in recent months while easing excessive […]
Former Finance Minister, United National Party’s (UNP) Colombo district Leader Ravi Karunanayake alleged that the country went bankrupt not because of the governments, but because of the actions of the Central Bank (CB) and its officials.The post Ravi Karunanayake points finger at Central Bank for country’s woes appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA N...
ECONOMYNEXT – Sri Lanka should avoid the Local Government polls and put more effort in to carry on necessary reforms and bring the country to a stable state, State Minister of Tourism Diana Gamage said. Most of the ruling coalition members as well as President Ranil Wickremesinghe are not in favour of elections amid speculations […]
China will resume outbound group travel to a selected group of countries, including Sri Lanka, early next month, the Chinese Ministry of Culture and Tourism said. The Ministry said in a notice on its website on Friday that a pilot program will take effect on Feb 6 to allow travel agencies to open outbound group […]
Cristiano Ronaldo scored twice in his first game in Saudi Arabia and Lionel Messi was also on the scoresheet as Paris St-Germain edged a Riyadh All-Star XI 5-4 in a thrilling contest.The exhibition match in the Saudi capital saw two of the greatest players of all time sharing a pitch together for possibly the final […]
Indian External Affairs Minister Dr. S. Jaishankar had talks with former President Mahinda Rajapaksa before concluding his visit to Sri Lanka. Rajapaksa tweeted saying he had a successful discussion with Jaishankar and that they discussed a range of issues of mutual interest. “Also thanked the Indian govt. for it’s steadfast commitment in assisting Sri Lanka during […]
Sri Lanka expects to get China's backing for its debt restructuring plan within days to help unlock a $2.9 billion loan from the International Monetary Fund, a government official said on Friday, as India pledged further support to its crisis-stricken southern neighbour.The post Sri Lanka expects financing assurances from China for IMF deal within days appeared first on Sri Lanka News - Latest Bre...
India has told the International Monetary Fund (IMF) to clear the way for Sri Lanka to move forward, India’s External Affairs Minister Dr. S. Jaishankar said today. He told reporters in Colombo that India has given the IMF financing assurances to clear the path for Sri Lanka. “India decided not to wait on others but […]
Foreign Secretary Aruni Wijewardane has highlighted the significance of Sri Lanka’s economic partnership with the UK, under the Developing Countries Trading Scheme (DCTS), which provides duty free access to the UK market, as well as in other sectors, such as enhancing UK’s contribution to Sri Lanka’s tourism and skilled labour migration. Wijewardane addressed this issue […]
A delegation of investors from the United Arab Emirates, led by His Royal Highness Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum, visited Port City Colombo on the 14th of January 2023, during a special visit to Sri Lanka for the purpose. Discussions were held between the members of the delegation, representatives from the Colombo […]
The United Kingdom and Sri Lanka had broad discussions which focused on the economy and reconciliation as well as other issues. Secretary of the Ministry of Foreign Affairs Aruni Wijewardane and Permanent Under Secretary of the Foreign, Commonwealth and Development Office (FCDO) of the United Kingdom Sir Philip Barton held discussions at the Foreign Ministry […]
The Gulf Cooperation Council (GCC) has sought to strengthen relations between the GCC and Sri Lanka. Dr Nayef Falah M. Al Hajraf, Secretary General of the Gulf Cooperation Council, underlined the significance of strengthening the bonds between the GCC and Sri Lanka, and the means to enhance and develop them, in a way that serves […]
by Chithra Ramakrishnan Respected and revered by the whole world, spiritual and religious leader of Tibet, the Nobel Peace Prize winner, His Holiness the Dalai Lama arrived in Bodhgaya recently. For the past few years His Holiness the Dalai Lama arrives in Bodhgaya at the end of the year as per an invitation extended by […]
Sri Lanka has decided to postpone the implementation of new COVID-19 protocols for tourists arriving in the island.The post Sri Lanka postponed implementation of new COVID-19 protocols for tourists appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
In view of delay in assurance from bilateral creditors so as to fulfil the criteria of getting a bailout package of USD 2.9 Billion from the IMF, Sri Lanka is in talks with the World Bank and the Asian Development Bank to obtain loans worth of USD 1.9 billion. According to the Governor of the […]
A delegation led by the Japanese State Minister of the Cabinet Office, Satoshi Fujimaru, is in Sri Lanka to look at the investment opportunities available in the country. President Ranil Wickremesinghe met the Japanese State Minister at the Presidential Secretariat today. The State Minister was accompanied by a Japanese business delegation. Discussions focussed on the […]
China will lift its quarantine requirement for inbound travellers starting from January 8. It will also resume issuing visas for residents to travel overseas. ANI:China will lift its quarantine requirement for inbound travellers starting from January 8. It will also resume issuing visas for residents to travel overseas.China’s immigration authorities have said that they will […]
Sri Lankan President Ranil Wickremesinghe stressed the need for the drafting of a new foreign policy which would enable Sri Lanka to forge broader foreign relations while safeguarding its sovereignty.The post Sri Lanka President stresses need for new foreign policies appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Ahead of the inauguration of Nepal’s new Pokhara airport, in a surprise announcement on Saturday, the Chinese Embassy in Kathmandu tweeted, “This (Pokhara airport) is the flagship project of the China-Nepal Belt and Road Initiative (BRI) cooperation,” writes Anil Giri, in The Kathmandu Post. Notably, Nepal Prime Minister Pushpa Kamal Dahal on Sunday inaugurated the country’...
A total of 719,978 tourists have arrived in Sri Lanka as of 31 December 2022, the Sri Lanka Tourism Development Authority (SLTDA) noted.The post Sri Lanka records nearly 720,000 tourist arrivals in 2022 appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
(AFP)Sri Lanka on Thursday welcomed the first Russian travellers aboard a new flight service that was launched after the bankrupt nation urged Moscow to help revive its beleaguered economy by sending tourists. Russia was Sri Lanka’s biggest source of visitors at the start of the year but arrivals nearly ceased after the invasion of Ukraine […]
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