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Sri Lanka is in the process of opening a diplomatic Mission in Romania to reaffirm its commitment to consolidate the enduring bilateral partnership and to cater to the strong Sri Lankan community in the country, the Foreign Ministry said. The Foreign Ministry said that the Fifth Round of Sri Lanka – Romania Bilateral Political Consultations […]
- Macron to become first French President to visit Sri Lanka (Category: Breaking News)
- Myanmar to help Sri Lanka tackle human trafficking (Category: Breaking News)
- Chinese support sought to mitigate economic challenges in Sri Lanka (Category: Breaking News)
- EU and Sri Lanka to discuss GSP and other issues (Category: Breaking News)
Banks, which pay taxes over 50%, least affected By Sanath Nanayakkare If the Employees’ Provident Fund (EPF) and other pension funds did not wish to participate in the proposed domestic debt restructuring process, there will be an application of higher annual income tax of 30%, Central Bank Governor Dr. Nandalal Weerasinghe said yesterday. The EPF […]
- CB Governor outlines importance of DDR to protect banks and save overall economy (Category: Breaking News)
- Governance issues, etc., will have to be sorted out to avert further debt restructuring: Verité ... (Category: Breaking News)
- Involuntary & Inequitable DDO (Category: Breaking News)
- Central Bank informs EPF members: “decided to opt for” DDO (Category: Breaking News)
The World Bank yesterday (28) approved USD 700 million in budgetary and welfare support for Sri Lanka.This is the biggest funding infusion into the country since the International Monetary Fund (IMF) bailout package approved in March. Through this funding, the World Bank said it aims to help Sri Lanka implement foundational reforms that restore macroeconomic stability and sustainability, mitigate ...
- Sri Lanka receives $250 Mn as budgetary support from World Bank (Category: Breaking News)
- SL hopes for productive talks at IMF WB spring meetings (Category: Breaking News)
- World Bank to provide $500 mn budgetary support to Sri Lanka (Category: Breaking News)
- Minister Semasinghe paints glowing picture emanating from WB budgetary support (Category: Breaking News)
The muted, panicked voice came through the phone of a friend who croaked she was very confidentially warning Cassandra and advising her. Yours truly was immediately panic infected. With deep emphasis and concern the friend took her time to advise that Cass withdraws all money from banks. Cass was for once glad she was poor […]
- Authorities warn of fake Cass County Jail checks (Category: USA, North Dakota)
- Authorities warn of fake Cass County Jail checks (Category: USA, North Dakota)
- Authorities warn of fake Cass County Jail checks (Category: USA, North Dakota)
- Authorities warn of fake Cass County Jail checks (Category: USA, North Dakota)
By Y P Prakash Airpower has emerged as the dominant method of waging war, possessing inherent strategic value. It serves as a source of conventional deterrence and grants political leadership various prompt response options. The aerospace domain boasts attributes such as speed, range, accuracy, and lethality, enabling the achievement of military objectives. The intertwined nature […]
- How India’s military strength grew in 2022 (Category: Breaking News)
- India, UK to create new Defence Industry Joint Working Group for greater cooperation (Category: Breaking News)
- India developing its own 400 km class Long-Range Surface to Air Missile air defence system (Category: Breaking News)
- India’s Enduring Role in Promoting Buddhism (Category: Breaking News)
A jury found a former New York City police sergeant and two Chinese citizens guilty on nine counts on Tuesday in a landmark federal trial involving a suspected Beijing-backed operation aimed at repatriating a Chinese fugitive living in New Jersey. Charged in the nearly three-week trial were former police officer-turned-private investigator Michael McMahon and two […]
- Can China fix youth unemployment woes with military recruitment drive? (Category: Breaking News)
- Sri Lanka turmoil highlights risk for Chinese firms investing overseas (Category: Breaking News)
- US military slams Chinese warship’s ‘unsafe and unprofessional’ manoeuvres in Taiwan Strait (Category: Breaking News)
- Beijing envoy warns Dutch of retaliation for chip curbs: ‘China won’t just swallow this’ (Category: Breaking News)
The World Bank approved $700 million in budgetary and welfare support for Sri Lanka on Thursday, the biggest funding tranche for the crisis-hit island nation since an International Monetary Fund (IMF) deal in March.The post World Bank approves $700 Million for crisis-hit Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- World Bank set to approve $700 Million for Sri Lanka next week (Category: Breaking News)
- World Bank to provide $500 million budget support to Sri Lanka (Category: Breaking News)
- No new financing to Sri Lanka until macroeconomic policy framework is ready – World Bank (Category: Breaking News)
- Sri Lanka budget to seek recovery for crisis-hit economy (Category: Breaking News)
[…]The post DDR & The Moral-Cum-Political Question appeared first on Colombo Telegraph.
- Restructuring The Economy: A Stock Take (Category: Breaking News)
- Sustainable Debt & Unsustainable Democracy (Category: Breaking News)
- Involuntary & Inequitable DDO (Category: Breaking News)
- Political Buddhism & Corruption: The Unholy Twins (Category: Breaking News)
Sri Lankan tea prices that had been piping hot have cooled off as production in the world’s fourth-largest tea grower begins to recover.The post Sri Lanka tea prices dip 40% from record high on production rebound appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Prices of cup of plain tea and milk tea reduced (Category: Breaking News)
- Sri Lanka tea industry to fully recover next year, says minister (Category: Breaking News)
- Leaf Trend (Category: Business)
- Crop Condition (Category: Business)
[…]The post On The Current Debate Among Left Intellectuals appeared first on Colombo Telegraph.
- The Sins Of The Fathers: Revisiting The Old Left & Its Two Traditions (Category: Breaking News)
- JVP-NPP & Lankan Left Populism’s Lacunae & Lapses (Category: Breaking News)
- Ranil’s Repression Will Hit The JVP-NPP While It Indulges In Political Narcissism (Category: Breaking News)
- Cockiness; What Price? (Category: Breaking News)
By DR. DAYAN JAYATILLEKA For a country with a deep crisis, galloping poverty and a very significant Left (JVP-NPP and FSP), there is a paradoxically thin contribution by the leftwing intelligentsia. This can be contrasted by a cursory glance at the volumes of back issues of the Lanka Guardian which would illustrate the far thicker […]
- On The Current Debate Among Left Intellectuals (Category: Breaking News)
- Lanka needs a national liberation movement, not mere regime change:Anura Kumara Dissanayake (Category: Breaking News)
- Niemöller’s Quote Resonating With Aragalaya’s Aim For Racial Unity! (Category: Breaking News)
- Sirisena advises RW against rushing to implement 13A fully (Category: Breaking News)
Actually LKI owed public an explanation as to why it never addressed the accountability issue and related matters in spite of it being the toughest foreign affairs challenge faced in post-independence era. There is no harm in addressing a variety of issues of interest but the failure on the part of the LKI to examine […]
- Westminster event declares support for Canadian action against Rajapaksa brothers (Category: Breaking News)
- Geneva challenge: Sabry needs to review ‘case’ anew (Category: Breaking News)
- Foreign policy quagmire (Category: Breaking News)
- Post-war deceptions (Category: Breaking News)
Sri Lanka and China have been long standing friends, and the benefits have been reciprocal, says MP Namal Rajapaksa, in an interview during his visit to Beijing.The post Sri Lanka has been a victim of ‘geopolitics’ for last two decades – Namal appeared first on ONLANKA News - Latest Breaking News updates from Sri Lanka.
- Namal Rajapaksa to take first steps towards policy reforms (Category: Breaking News)
- Namal Rajapaksa appointed Chairman of Sectoral Oversight Committee on International Relations (Category: Breaking News)
- Foreign Mission backed the ‘Aragalaya’ – Namal (Category: Breaking News)
- Namal Rajapaksa appointed SLPP National Organizer (Category: Breaking News)
Expressing strong opposition to the proposed domestic debt restructuring programme announced by the government, Prof. G. L. Peiris, MP, yesterday (26) accused the Wickremesinghe-Rajapaksa administration of being insensitive and irresponsible in addressing the issue. Instead of working on a social security net to protect the needy, the government was taking a dangerous path that would […]
- No final decision on domestic debt restructuring : Bandula debt (Category: Breaking News)
- Inland Revenue and Appropriation Acts to be amended in line with debt restructuring (Category: Breaking News)
- JVP moves SC to prevent possible losses to EPF, ETF (Category: Breaking News)
- Govt. still undecided about domestic debt restructuring methods (Category: Breaking News)
Sri Lanka and China’s EXIM Bank had talks on the debt restructuring exercise. Foreign Minister Ali Sabry had detailed discussions in Beijing with EXIM Bank of China Chairman Wu Fulin and a team of EXIM Bank. The Sri Lanka Embassy in China said that both sides expressed satisfaction at the conclusion of the talks. Earlier, Chinese […]
- China confirms two-year debt moratorium offered to Sri Lanka (Category: Breaking News)
- Sri Lanka expects IMF to clear next tranche following China deal (Category: Breaking News)
- Exim Bank of China and Sri Lanka discuss debt issue (Category: Breaking News)
- Sri Lanka must avoid China’s debt restructuring as Beijing is to seek preferential treatment (Category: Breaking News)
Debt-laden Sri Lanka will unveil its domestic debt restructuring strategy this week, central bank chief P Nandalal Weerasinghe said on Sunday (Jun 25), as the island navigates its worst financial crisis in decades. Sri Lanka will also likely obtain Cabinet and parliamentary approval for the debt restructuring strategy this week, Weerasinghe told local TV channels […]
- CB warns of catastrophic consequences if banking sector collapses (Category: Breaking News)
- Sri Lanka’s sovereign lenders yet to outline debt talks plans (Category: Breaking News)
- Sri Lanka to announce debt restructuring strategy in April (Category: Breaking News)
- CBSL Governor refuses to resign over pay hike issue (Category: Breaking News)
There will be a Panel discussion on “The Role of Domestic Aviation in Sri Lankan Tourism” at the OPA on 27th June (Tuesday). A panel of eminent experts will discuss, among other things, how to attract foreign exchange amidst the country’s worst-ever economic crisis.
- Orwellian Isle Ordeals (Category: Breaking News)
- Message from a Cell Death (Category: Breaking News)
- Post-Match Melancholia (Category: Breaking News)
- EC: Prez poll can’t be put off (Category: Breaking News)
By Chandre Dharmawardana chandre.dharma@yahoo.ca According to a recent news report (The Island 23rd June 2023), Minister Mahinda Amaraweera has claimed that the “agricultural sector to be transformed into an export-oriented economy”! This is a surprising statement since the plantation sector, established by the British, has been from the start (and even now) an export-oriented economy....
- Spices can be a main sector of Sri Lanka economy: President (Category: Breaking News)
- The Peril of going to the IMF: Is there an alternative? (Category: Breaking News)
- Competing interests of trade and agriculture (Category: Breaking News)
- Why record export earnings may not be good news (Category: Breaking News)
Chinese Foreign Minister Qin Gang said that China is ready to consolidate and expand its partnership with Sri Lanka. He gave the assurance when he met Sri Lanka’s Minister of Foreign Affairs M.U.M Ali Sabry in Beijing today. Sabry is leading a delegation to participate at the World Economic Forum to be held in Tianjin, […]
- New SC judge, Appeal Court President, Appeal Court justice take oaths (Category: Breaking News)
- President visits residence of Sanath Nishantha (Category: Breaking News)
- Confirmed petrol shipment due on 22nd of July (Category: Breaking News)
- Emirates to promote Sri Lanka as ideal destination for travellers (Category: Breaking News)
ECONOMYNEXT –Sri Lanka has been moving forward in bilateral debt negotiations by talking to individual creditors despite a clearly defined process for dealing with Paris Club and other creditors, President Ranil Wickremesinghe had said last week. Sri Lanka was following a ‘debtor led’ strategy by reforming the economy and also aiming at a ‘highly efficient […]
- No queues because we have stopped repaying our debt, but we’ll be back in trouble when repayment... (Category: Breaking News)
- India greatly sensitive to needs of Lanka – PM Modi (Category: Breaking News)
- President tells Arab envoys Lanka wants immediate ceasefire in Gaza (Category: Breaking News)
- President wants Lanka to be first in South Asia to join RCEP, largest trade bloc in history (Category: Breaking News)
United States Ambassador to Sri Lanka Julie Chung hosted an event in Colombo on June 22 to mark the 247th anniversary of America’s Declaration of Independence. Ambassador Chung took the opportunity to also highlight the anniversary of 75 years of a strong and enduring partnership between the United States and Sri Lanka. Minister of Foreign Affairs Ali […]
- US ambassador reiterates support for rights of peaceful protests (Category: Breaking News)
- Sri Lanka needs to improve business investment framework environments- US envoy (Category: Breaking News)
- Chaos and force will not fix economic crisis in Sri Lanka- US envoy (Category: Breaking News)
- U.S. Ambassador to UN Agencies in Rome Cindy McCain to visit Lanka (Category: Breaking News)
[…]The post Ranil’s Economic Strategy: Will His Prioritisation Of Targets Misfire? appeared first on Colombo Telegraph.
- Planning For A Year Of Elections (Category: Breaking News)
- Is State Owned Temasek A Useful Concept For Sri Lanka? (Category: Breaking News)
- To Be Realistic, There Are Only Two Options (Category: Breaking News)
- Liberal Or Edible Economics: Global Disorder Worst In A Century (Category: Breaking News)
Sri Lanka is set to start bartering tea to Iran next month in lieu of $250 million owed for oil, a Sri Lankan official told Reuters on Friday, as the crisis-hit country tries to lift sales to a key market and protect its forex reserves.
- Government land policy is fair- Keheliya (Category: Breaking News)
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
Sri Lanka is set to start bartering tea to Iran next month in lieu of $250 million owed for oil, a Sri Lankan official told Reuters on Friday, as the crisis-hit country tries to lift sales to a key market and protect its forex reserves.The post Sri Lanka set to start tea-for-oil barter with Iran next month appeared first on ONLANKA - Latest Breaking News updates on Sri Lanka.
- Sri Lanka settles US$ 20 million Iranian oil debt with tea (Category: Breaking News)
- Sri Lanka set to start tea-for-oil barter with Iran next month (Category: Breaking News)
- Lankan, Iranian officials discuss how to boost SL tea exports (Category: Breaking News)
- Iran to double tea imports from SL (Category: Breaking News)
[…]The post RW’s Plea In Paris & Predicament At Home appeared first on Colombo Telegraph.
- Separation Of Powers, Rule Of Law, Corruption & SL Bankruptcy (Category: Breaking News)
- SL Stands For Sheep Loom: Obedience Above Intelligence (Category: Breaking News)
- SL Stands For Sheep Loom: Obedience Above Intelligence (Category: Breaking News)
- SL Debt Justice Collective Writes Open Letter To IMF On DDO (Category: Breaking News)
United States Ambassador to Sri Lanka Julie Chung hosted an event in Colombo on Thursday (22) to mark the 247th anniversary of America’s Declaration of Independence. Ambassador Chung took the opportunity to also highlight the anniversary of 75 years of a strong and enduring partnership between the United States and Sri Lanka. Minister of Foreign […]
- US ambassador reiterates support for rights of peaceful protests (Category: Breaking News)
- Sri Lanka needs to improve business investment framework environments- US envoy (Category: Breaking News)
- Chaos and force will not fix economic crisis in Sri Lanka- US envoy (Category: Breaking News)
- U.S. Ambassador to UN Agencies in Rome Cindy McCain to visit Lanka (Category: Breaking News)
By Easwaran Rutnam Foreign Minister Ali Sabry defended the nomination of former Minister Rohitha Bogollagama as Sri Lanka’s next envoy to the UK. He said that Bogollagama’s nomination was well thought out and was taken following discussions between himself and President Ranil Wickremesinghe. Speaking to Daily Mirror ‘On Fire’, Sabry said that Bogollagama was nominated […]
- Ali Sabry to have talks in Doha (Category: Breaking News)
- Sri Lanka’s Foreign Minister to attend Riyadh meeting (Category: Breaking News)
- US to explore areas to support Sri Lanka (Category: Breaking News)
- UK official sent to welcome Sri Lanka’s new top diplomat to UK (Category: Breaking News)
By Easwaran Rutnam Sri Lanka will consider India’s legitimate security concerns but will not align itself to just one country, Foreign Minister Ali Sabry told Daily Mirror. The Foreign Minister said that Sri Lanka will do what is best for the country and for its people. In an interview with Daily Mirror ‘On Fire’, the […]
- Government defends relations with China (Category: Breaking News)
- Thailand and Sri Lanka discuss early repatriation of trafficked Sri Lankans (Category: Breaking News)
- Rescued Sri Lankans from Myanmar to be repatriated to Sri Lanka via Bangkok (Category: Breaking News)
- Ali Sabry to brief UN General Assembly (Category: Breaking News)
WASHINGTON — Indian Prime Minister Narendra Modi told U.S. lawmakers Thursday the United States-India partnership is bound by the shared values of respecting debate and equality in a democracy. “The U.S. is the oldest and India the largest democracy,” Modi said, addressing a joint meeting of the U.S. Congress. “Our partnership augurs well for the […]
- Biden and Modi Forge Strong Alliance in Counter-China Strategy during State Visit (Category: Breaking News)
- Biden, Modi hail new era for US-India ties and tout deals (Category: Breaking News)
- Destination Delhi: Roving President’s Next Port Of Call (Category: Breaking News)
- Modi, combining India’s foreign policy with domestic interest (Category: Breaking News)
CNN- Indian Prime Minister Narendra Modi basked in the most lavish honors that the US can bestow on a visiting leader. But for much of his state visit, the specter of an uninvited guest hovered over Washington and the future of US-India relations. China – and the growing belief that the US is on a collision course with […]
- China’s economy is in trouble. Here’s what’s gone wrong (Category: Breaking News)
- China sets lowest GDP growth target in decades as Beijing tightens its belt (Category: Breaking News)
- Thousands of ethnic minority Muslims defy Chinese authorities in defense of mosque (Category: Breaking News)
- Donald Trump pleads not guilty following arrest (Category: Breaking News)
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