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By Shamindra Ferdinando Top Samagi Jana Balawegaya (SJB) spokesperson Mujibur Rahman yesterday (18) alleged that the Wickremesinghe-Rajapaksa government was continuing with controversial projects launched by the previous Gatabaya Rajapaksa administration. The former SJB lawmaker said so, referring to the high profile ‘investment of South Asia Logistic Centres in the port of Colombo’, a project ini...
The magical all-rounder Wanindu Hasaranga de Silva came up with an extraordinary match winning lead from the front 6 for 9 captain’s role in B Love Kandy knocking out Jaffna Kings by 61 runs in yesterday’s decisive eliminator in staying on course to making it to the finals of the Lanka Premier League at the […]
[…]The post Can Courts Review Domestic Debt Restructuring? appeared first on Colombo Telegraph.
B-Love Kandy knocked defending champions Jaffna Kings out of the final of the Lanka Premier League by winning the eliminator played at the R Premadasa International Cricket Stadium by 61 runs on Thursday (17) night. Wanidu Hasaranga was named player of the match for his match winning 6-09. Scores: B-Love Kandy 188/8 in 20 overs […]
By Dr. Jayampathy Wickramaratne President Ranil Wickremesinghe’s statement that the government would not heed orders or advice from any other party except Parliament with regard to the debt optimisation measures or domestic debt restructuring (DDR) has been condemned by Opposition parties, civil society groups, and lawyers’ groups as an attempt to undermine the judiciary. Lawyers [R...
By Dinasena Ratugamage Several Tamil organisations in Jaffna have lodged complaints with the Vaddukoddai Police on Wednesday demanding the arrest of former Minister Mervyn Silva.The organisations said that the former minister had made several statements recently that would turn the Sinhalese against the Tamils. They also claim that Silva has threatened the Tamil people stating […]
State Minister of Finance Shehan Semasinghe has emphasised that receiving the second tranche of the IMF s Extended Fund Facility (EFF) will portray a positive image of Sri Lanka s economy in the future to both foreign and local investors.
Dambulla Aura stormed in to the final of the Lanka Premier League by defeating Galle Titans by six wickets in qualifier one played at the R Premadasa International Cricket Stadium today (17). Kusal Mendis was named player of the match for his 45 ball 49 for Dambulla Aura. Scores: Galle Titans 146 in 20 overs […]
Sri Lanka expects the first review by the International Monetary Fund (IMF) in September to be successful. State Minister of Finance Shehan Semasinghe said that the IMF will assess the programme’s performance until the end of June. “We welcome the IMF team in Sri Lanka for the first review of the Extended Fund Facility (EFF) […]
Japan and Sri Lanka are in talks to recommence stalled projects funded by Japan International Corporation Agency (JICA) here, upon imminent conclusion of the ongoing debt restructuring process.
[…]The post Why Liberal Arts Education Is Important For Democracy? appeared first on Colombo Telegraph.
[…]The post In Sri Lanka, Chaotic Social Security Reform Denies People’s Rights: “Aswesuma” Program Applies Complex & Arbitrary Targeting, Leaving Millions In Limbo appeared first on Colombo Telegraph.
[…]The post Do The Sinhalese People Live On Mars? Who Is Telling The Truth? appeared first on Colombo Telegraph.
[…]The post The Republic That Fears The Independence Of The Judiciary Even More Than Terrorism appeared first on Colombo Telegraph.
Sri Lanka’s largest bilateral creditor, China, has assured the island nation its help in effectively addressing the debt challenges as it has to finalise the external and domestic debt restructuring of a whopping USD 41 billion by September before the IMF’s first review. The International Monetary Fund (IMF) is set to conduct its first review […]
China has made a remarkable change in the international economic pattern to transfer its achievements to the global South for the betterment of mankind, Sri Lankan Prime Minister Dinesh Gunawardena says.
Minister of Education Susil Premajayantha says steps will be taken to modify the preschool education system according to international standards.
There is considerable haggling in some local quarters on whether the concept of Non-alignment is of any relevance to Sri Lanka in particular and to the developing world in general. Going by some pronouncements in these sections the ideology of Non-alignment has seemingly ceased to be of importance to Sri Lanka as a basis of […]
– former Foreign Secy. Ambassador Palihakkara Former Foreign Secretary, Ambassador H. M. G. S. Palihakkara, has said the overarching challenge that is faced by Sri Lanka in its foreign relations, is demonstrating that it is after tangible economic benefits and not “geopolitical mischief” in the Indian Ocean. He emphasized the need to harmonise domestic and […]
Dialog Axiata PLC announced, Thursday 10th August 2023, its consolidated financial results for the six months ended 30th June 2023. Financial results included those of Dialog Axiata PLC (the “Company”) and of the Dialog Axiata Group (the “Group”). The Group concluded the 1H 2023 with positive revenue performance being recorded across all business segments, namely, […]
Life-saving medical equipment and commodities related to sexual and reproductive health, and maternal and child health services, were handed over to Sri Lanka’s Ministry of Health. The United Nations Population Fund (UNFPA) together with Australia’s Department of Foreign Affairs and Trade (DFAT) delivered the equipment to the Secretary of Health S. Janaka Sri Chandraguptha. The […...
The learning crisis in Sri Lanka has affected vulnerable children the most, including younger children in primary grades and those in plantation estates in the country, UNICEF said today. The Ministry of Education (MoE) and UNICEF are spearheading a national initiative to help 1.6 million primary school children impacted by prolonged school closures and sporadic […]
By Easwaran Rutnam Prime Minister Dinesh Gunawardena arrived in China as Sri Lanka looked to play the balancing act by maintaining strong economic relations with both China and India. Gunawardena arrived at the Kunming International Airport to commence 4-day visit to the Yunnan Province in China. He was warmly received at the airport by Vice […]
The World Bank is mulling local currency lending in countries like India to help borrowers save on costs, a senior official said on Friday. “How do we do local currency lending for a country like India is also something we are trying to think of at a price which is advantageous to this country,” Anshula […]
The International Chamber of Commerce Sri Lanka (ICC Sri Lanka), the Chartered Institute of Management Accountants (CIMA), and Daily FT have launched Sri Lanka’s Most Admired Companies Awards for the fifth consecutive year. The awards recognise companies for their financial performance, and their ability to practice sustainable and ethical ways of business for their employees, […]
Chinese oil major Sinopec expects to start operations in Sri Lanka on Sept. 20 and will be allowed to sell fuel for less than the maximum retail price set by the government, Sri Lanka's power minister said on Tuesday.The post Sri Lanka says China’s Sinopec to start operations September 20 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Ghana majority leader has blamed Sri Lanka’s Central Bank for the economic crisis in the island. The Majority Leader in Ghana’s Parliament, Osei Kyei-Mensah Bonsu, said there is no part of the Constitution that mandates the Bank of Ghana to report all its activities and transactions directly to Parliament. He said the obligation of the […]
An International Monetary Fund (IMF) staff team will visit Colombo in a month's time for the first review on Sri Lanka's loan programme, a spokesperson said on Tuesday.The post IMF staff to visit Sri Lanka in September for first programme review appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
An International Monetary Fund (IMF) staff team will visit Colombo in a month’s time for the first review on Sri Lanka’s loan programme, a spokesperson said. The Washington-based lender approved a nearly US$3 billion bailout for crisis-hit Sri Lanka in March. The Asian island is struggling with its worst financial crisis in over seven decades, […]
During the question-and-answer session, Dr. Dushni Weerakoon questioned the sustainability of Sri Lanka’s non-aligned foreign policy, as it weakened the country’s position in trade negotiations. The expert assertion was certainly not restricted to trade negotiations. Having signed ACSA (Access and Cross Servicing-Agreement) with the US, in August 2017, it would be ridiculous to still talk […...