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[…]The post Improve Human Security As High Priority In Sri Lanka appeared first on Colombo Telegraph.
Sri Lanka is pushing to reach a final agreement with the International Monetary Fund (IMF) in December. State Minister of Finance Shehan Semasinghe told reporters today that the authorities are working on the proposals put forward by the IMF. He said that every attempt is being made to secure IMF board approval for a final […]
The Group of 20 major economies are likely to take note of the impact debt issues was having on countries like Sri Lanka. Reuters reported that the leaders of the Group of 20 major economies will express concern about the “deteriorating debt situation” facing some vulnerable middle-income countries, and call on all official and private […]
Sri Lanka needs to implement budget proposals and reform measures to start earning crucial foreign exchange to help stabilise its economy and ensure it does not return to crisis, its central bank chief said on Tuesday.The post Sri Lanka must implement budget proposals to avoid return to crisis appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
[…]The post If It Fails Now, It Will Fail Forever appeared first on Colombo Telegraph.
The world population surged past 8 billion people on Tuesday, the United Nations said, warning that more hardship is in store for regions already facing resource scarcity due to climate change.The post World population projected to hit 8 billion today appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Sri Lanka abstained from voting on a resolution at the UN General Assembly that calls for Russia to pay war reparations to Ukraine. India, Bangladesh, Bhutan, Brazil, Egypt, Indonesia, Israel, Nepal, Pakistan, South Africa and Sri Lanka were among the countries that abstained. The UN General Assembly yesterday (Monday) adopted the resolution that calls for […]
Four convicts in the former prime minister Rajiv Gandhi assassination case, all Sri Lankan nationals, who were among the six people released from jail after the Supreme Court’s order on November 11, will be sent back to the neighbouring country, Tamil Nadu officials said. The four Sri Lankan nationals were taken to a special refugee […]
The Governor of the Central Bank of Sri Lanka (CBSL) says the Budget 2023 concentrates on recovering the economy and how to stabilize it moving forward.The post CBSL governor says 2023 Budget focuses on economic recovery and stability appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Air Force Open PSA Satellite Squash Championship-2022 Reigning national champions Ravindu Laksiri and Fathoum Issadeen won the men’s and women’s titles of the Air Force Open PSA (Professional Squash Association) Satellite Squash Championship-2022 which concluded at the Squash Complex of Sri Lanka Air Force Base Ratmalana on Saturday. Nine-time national champion Laksiri, who recently won […]
The ‘Countdown to the Middle East Crown – Series 5 Boxing’, organised by DJMC Events UAE, will be held on November 26, at the Hotel Shangri-la Ballroom from 6.00 pm, with doors opening earlier. The event would comprise 10 bouts, featuring 20 professional boxers and three Championship Titles. The ‘Countdown to the Middle East Crown’, […]
* SriLankan Airlines, Sri Lanka Telecom, Waters Edge and Sri Lanka Insurance to be sold to strengthen foreign reserves * Presidential Commissions to review public service and tax * BOI and EDB to be merged * ETF law to be reformed * Reforms to change economy going beyond IMF recommendations * Insurance coverage for Private […]
By Rathindra Kuruwita The U.S. Federal Reserve’s aggressive interest rate hikes are having an adverse effect on Sri Lanka’s economy, Professor Samitha Hettige, an international relations analyst, has said. The Fed’s latest increase brings the federal funds rate to between 3.75% and 4% after sitting at 0% for more than a year during the coronavirus […]
[…]The post Sri Lanka’s Goal Must Be Economic Recovery In Tandem With Democracy appeared first on Colombo Telegraph.
The International Organization for Migration (IOM) says it is providing humanitarian assistance to 303 Sri Lankan migrants rescued off the coast of Vietnam on November 08, 2022.
[…]The post Budget 2023: Full Speech appeared first on Colombo Telegraph.
Sri Lanka is to promote white water rafting and other adventure sports in the country. President Ranil Wickremesinghe, in his budget speech, said that various new programs have been introduced in several countries to attract tourists. However, he said there is a lack of approach to develop maritime tourism considering advantages of the location of […]
[…]The post Budget 2023 Will Be The Acid Test Of RW’s Magic Wand appeared first on Colombo Telegraph.
Sri Lankan President Ranil Wickremesinghe as the Minister of Finance has started presenting the Budget Speech 2023 at 01:30 PM today (November 14).The post Sri Lanka’s Budget Speech 2023 appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
A New South Wales Supreme Court hearing will be held in December after Sri Lankan international Danushka Gunathilaka launched a second bail bid following his arrest and charges of four counts of sexual intercourse without consent.The post Danushka Gunathilaka makes new legal bid to get out of jail appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
The International Organization for Migration (IOM) is providing humanitarian assistance to 303 Sri Lankan migrants rescued off the coast of Viet Nam on 8 November 2022. Responding to a request received from the Sri Lankan Embassy in Hanoi, IOM in coordination with the Governments of Viet Nam and Sri Lanka, the IOM missions in Viet […]
Sri Lanka unveils a budget on Monday attempting to put the South Asian government's finances in order, with reforms to advance a $2.9 global billion bailout from the island's worst financial crisis since independence in 1948.The post Sri Lanka budget to seek recovery for crisis-hit economy appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
The International Cricket Council (ICC) Board on Sunday approved Sri Lanka, Malaysia and Thailand, Zimbabwe and Namibia and Bangladesh and Nepal as the host countries of the ICC U19 events from 2024-2027.
Sri Lanka Telecom Group (SLT Group), the National ICT Solutions Provider,has reported positive overall revenues of Rs 79.6 Bn, a consolidated growth of 3.9% for the first nine months of 2022 compared to the same period last year, driven largely by prudent and proactive measuresundertaken in financial and operational management, said a press release. It […]
By Amal Jayasinghe Dozens of state-owned Sri Lankan companies employing tens of thousands of people could be restructured or closed as part of an IMF bailout of the bankrupt country, with the country’s airline top of the list for reform.With nearly 6,000 staff, SriLankan Airlines is the biggest and most expensive of the cash-haemorrhaging, sclerotic […]
By MAHADIYA HAMZA ECONOMYNEXT – Sri Lanka’s tourism revival is facing a challenge in bringing in more high spending foreign visitors due to increasing protests locally while monetary tightening, impacts of Russian invasion into Ukraine, and rising inflation globally.The move is likely to slow the island nation’s recovery from the unprecedented economic crisis as it is […]
The Ministry of Foreign Affairs says it is working closely with the relevant parties for the early release of 08 Sri Lankan nationals who are parts of the 26-member crew of the oil tanker MT Heroic Idun, which was detained by Equatorial Guinea in early August.The post Sri Lankans among oil tanker crew detained by Equatorial Guinea appeared first on Sri Lanka News - Latest Breaking News in Sri Lank...
The Employees Provident Fund (EPF), the largest social security scheme in Sri Lanka, has suffered massive losses due to the investments made in listed and unlisted companies, a new report compiled by the Auditor General s Department revealed.
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on Thursday designated two business associates of a sanctioned al-Qa’ida financial facilitator and external operations plotter. The two individuals designated today are Mohamad Irshad Mohamad Haris Nizar, a Sri Lankan, and Musab Turkmen, who conducted businesses activities to assist Ahmed Luqman Talib (Talib), […]
Rex Clementine in Melbourne Some people get second chances in life and rebuild their careers and go onto succeed. Cricket has many such examples Makhaya Ntini of South Africa, Ricky Ponting of Australia and now Alex Hales of England. The top order batsman was kicked out of the England World Cup squad on the eve […]