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[…]The post Why Should We Beg IMF? – When More Than $36 Billion To Be Recovered appeared first on Colombo Telegraph.
- Government Is A ‘Blackhole’: IMF Should Be Worried About The (225+1) (Category: Breaking News)
- Crisis Deepens Without Rescue Plan (Category: Breaking News)
- Central Bank Independence: Issue To The Fore Again, But Will The Government Have Foresight To Do... (Category: Breaking News)
- Child’s Guide To Debt Restructuring: Not A Cakewalk But A Task Entailing Hard Work (Category: Breaking News)
The winter morning was cloaked in thick fog. Our car swerved past horse-drawn carriages, a mode of transport still popular in the rural reaches of the eastern Indian state of Bihar, the trotting horses and turbaned coachmen looking like shadowy apparitions in the pearly-white mist. After spending a night in the town of Bodhgaya, the […]
- Buddhism: A True Gift from India to the World (Category: Breaking News)
- India’s historical connection to Buddhism (Category: Breaking News)
- Projection Of Buddhism As Sri Lanka’s Greatest Soft Power (Category: Breaking News)
- Pakistan’s Buddhist art comes to Sri Lanka (Category: Business)
Sri Lanka has taken a policy decision to switch to nuclear energy, Cabinet Spokesman Bandula Gunawardena said. He said that Cabinet approval has already been given to consider nuclear energy as an alternative to meet Sri Lanka’s future energy needs. In accordance with that decision, a steering committee and 09 action committees had been appointed […]
- Media accused of damaging Sri Lanka’s image (Category: Breaking News)
- National Security Act to replace PTA (Category: Breaking News)
- Government refuses to scrap Independence Day celebrations (Category: Breaking News)
- Memorial to be constructed to commemorate victims of conflicts (Category: Breaking News)
A Bolivian lady has been arrested by the officers attached to the Narcotics Control Unit of Sri Lanka Customs this morning (Feb. 28) at the green channel customs area in possession of 4.6 kilograms of substance suspected to be cocaine.
The Sri Lanka Bureau of Foreign Employment (SLBFE) and the Ministry of Labour and Foreign Employment have signed an agreement with the Japan International Training Cooperation Organisation (JITCO).
Hatch has joined forces with Draper Startup House to unveil Colombo’s first-ever co-living space. The space marks the first phase of Hatch’s strategic partnership with Draper Startup House, and was officially opened by Silicon Valley billionaire investor Tim Draper during his recent visit to Sri Lanka. Through this initiative, Hatch serves to encourage digital nomad […]
- Hatch Enters Partnership with Draper Startup House to Strengthen Sri Lanka’s Position as a Start... (Category: Breaking News)
- Hatch Opens Applications for AccelerateHer 2.0: An Accelerator Program for Budding Female Entrep... (Category: Breaking News)
- Hatch fund secures investment from Mountain Lion Ventures (Category: Breaking News)
- Hatch and Sarvodaya launch “GoviLab” AgriTech Accelerator as part of National Agriculture Transf... (Category: Breaking News)
[…]The post Sri Lanka’s Two Challenges: Economic Recovery & Political Devolution appeared first on Colombo Telegraph.
- Two Challenges: Economic Recovery & Political Devolution – IV (Category: Breaking News)
- How We Came To This Pass – Waiting On IMF (Category: Breaking News)
- Two Challenges: Economic Recovery, Political Devolution – II (Category: Breaking News)
- Two Challenges: Economic Recovery, Political Devolution – III (Category: Breaking News)
The International Finance Corporation (IFC), the World Bank’s investment arm, said it will provide Sri Lanka with a $400 million cross-currency swap facility to help fund essential imports.The post World Bank’s IFC to provide Sri Lanka with $400 million financing appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- World Bank s IFC to provide Sri Lanka with $400 million financing (Category: Breaking News)
- IFC to provide $400 million to banks in Sri Lanka (Category: Breaking News)
- Sri Lanka’s workers’ remittances exceed USD 400 Million in January 2024 (Category: Breaking News)
- IPO To Raise Rs. 400 mn (Category: Breaking News)
The International Finance Corporation (IFC) is to provide $400 million to three of Sri Lanka’s leading national banks to help facilitate imports of essential goods. IFC said it will support the private sector with critical financing, contributing to the country’s urgent need to stabilize the economy. Sri Lanka has been facing its worst economic crisis […]
- World Bank’s IFC to provide Sri Lanka with $400 million financing (Category: Breaking News)
- IFC to support Sri Lanka’s reforms and growth agenda (Category: Breaking News)
- Using the Indian Rupee for economic transactions will have positive impact on the tourism and ho... (Category: Breaking News)
- Fitch downgrades Sri Lanka’s long-term local-currency IDR to ‘CC’ (Category: Breaking News)
A decision has not been taken to suspend the fuel pass QR code system from April, Power and Energy Minister Kanchana Wijesekera said today. There were reports that the fuel pass QR code system will be suspended from 10th April. However, Wijesekera said the system will continue. He said that data will be analysed and […]
- Special category to increase fuel quota to be tested (Category: Breaking News)
- New registrations for fuel pass temporarily suspended (Category: Breaking News)
- Last digit number system for fuel to be scrapped (Category: Breaking News)
- Sri Lanka to discontinue QR code based National Fuel Pass from today (September 01) (Category: Breaking News)
The Monetary Board of the Central Bank of Sri Lanka has decided to reduce mandatory sale of export proceeds/receipts and inward workers’ remittances of commercial banks with effect from February 27, 2023.The post Sri Lanka’s Central Bank reduces mandated forex sales by banks to 15% appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Central Bank of Sri Lanka issues order slashing interest rates on lending products (Category: Breaking News)
- Central Bank’s ability to print money limited under new Act (Category: Breaking News)
- Sri Lanka’s forex reserves further hit by Bangladeshi move (Category: Breaking News)
- Bangladeshi banks asked to stop ACU transactions with Sri Lanka (Category: Breaking News)
Sri Lanka’s tea production is expected to fully recover next year after last year’s drop, the country’s Environment Minister Naseer Ahamed said.The post Sri Lanka tea industry to fully recover next year, says minister appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Leaf Level (Category: Business)
- Leaf Trends (Category: Business)
- Prices of cup of plain tea and milk tea reduced (Category: Breaking News)
- Sri Lanka tea prices dip 40% from record high on production rebound (Category: Breaking News)
[…]The post Selling Our Troubles In Bankrupt Times – Sri Lanka’s Anarchism appeared first on Colombo Telegraph.
- Love Him Or Hate Him: Only Ranil Wickremesinghe Has The Depth Of Mind To Focus On Future Directi... (Category: Breaking News)
- The Dog’s Case of Professor Ashu & Hirunika’s Indiscretion (Category: Breaking News)
- Strikes & Protests: Everything, Everywhere, All At Once To Block The IMF (Category: Breaking News)
- Taxing Times (Category: Breaking News)
[…]The post Crisis-Hit Sri Lanka Economy appeared first on Colombo Telegraph.
- Evil Is Not Mere Money Printing, But Unbridled Government Expenditure (Category: Breaking News)
- The Role Of National Defence In A Crisis-Ridden Economy (Category: Breaking News)
- Bankrupt Sri Lanka Celebrated Independence, But Now It Is Back To Hard Economic Realities (Category: Breaking News)
- Citizens Should Be Aware Of The Burden Of Total Government Expenditure (Category: Breaking News)
[…]The post Annamalai & His ‘Year-Long March’ – What For? appeared first on Colombo Telegraph.
- Prelude To The ‘Long March’ In Tamil Nadu (Category: Breaking News)
- For The Redemption Of Tamil Nadu, Elimination Of Enemies – Firstly Corruption (Category: Breaking News)
- Annamalai’s Stand Alone Stance Is Singularly Commendable (Category: Breaking News)
- Rebounce Of Padayatra Phase 3 After A Respite Of 18 Days For State President Annamalai (Category: Breaking News)
[…]The post Lying About Age Of Protestant Mission Schools: Is Age Quality? appeared first on Colombo Telegraph.
- Scamming The Gestapo Church, Or Being Sound Christian Witness (Category: Breaking News)
- Andrew Sujeevan, Anglican Johnian Punished By A Corrupt Theocratic Church (Category: Breaking News)
- Wishing Bishop Pathmathayalan Strength Over Four Challenges (Category: Breaking News)
- The Rajakulendran Academy Of Western Music, Speech & Drama: Reviving English In Jaffna (Category: Breaking News)
Sri Lanka Telecom Group (SLT Group), the National ICT Solutions Provider, posted impressive overall growth with annual revenue surpassing Rs 100 Bn once again, recording Rs 108 Bn for the financial year 2022. This resulted in the Group recording a revenue increase of 5.2% for the financial year 2022, strengthened by a healthy bottom line […]
- SLT Group annual revenue surpasses Rs. 100 bn amid unprecedented challenges (Category: Breaking News)
- SLT Group stays resilient for Q3 overcoming external impacts (Category: Breaking News)
- SLT Group achieves stable revenues for Q1, remaining resilient despite challenges (Category: Breaking News)
- Aitken Spence records PBT of Rs. 8.5 billion for first half of 2022/23, with quadruple-digit gro... (Category: Breaking News)
Sri Lanka President Ranil Wickremesinghe says a separate unit will be established to send military personnel overseas to assist in times of health crises.The post Sri Lanka President pledges a new chapter for the field of Military Medicine appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka President to form a Committee to explore possibilities in providing clinical training ... (Category: Breaking News)
- Sri Lanka leader says IMF agreement pushed back after unrest (Category: Breaking News)
- Sri Lanka President Ranil speaks to Turkey President Erdogan, offers assistance (Category: Breaking News)
- Health sector needs an urgent policy change – President (Category: Breaking News)
The Government is to introduce non-paying wards in private hospitals, President Ranil Wickremesinghe said. Wickremesinghe said that the Government is looking at the possibility of introducing paying wards in Government hospitals and non-paying wards in private hospitals. He said the Government will take the tab for the treatment made in non-paying wards in private hospitals. […]
- Humanitarian grant of USD 46 million from Japan to Sri Lanka (Category: Breaking News)
- Humanitarian grant of USD 46 million from Japan to Sri Lanka (Category: Breaking News)
- Protests in Batticaloa and Jaffna against Independence Day celebrations (Category: Breaking News)
- President to take steps to prevent anarchy (Category: Breaking News)
[…]The post Sri Lanka’s Asian Heritage appeared first on Colombo Telegraph.
- The Influence Of Sirima Bandaranaike & Ranil Wickremesinghe On The Foreign Policy Of Sri Lanka (Category: Breaking News)
- Prioritising National Interest In Navigating Geopolitical Waters (Category: Breaking News)
- The East Asian Disanalogy, Or Why Sri Lanka Cannot Be A Singapore (Category: Breaking News)
- The East Asian Disanalogy, Or Why Sri Lanka Cannot Be A Singapore (Category: Breaking News)
[…]The post The Partnership Between NPP & JVP Must Be Emboldened appeared first on Colombo Telegraph.
- Planning For A Year Of Elections (Category: Breaking News)
- NM’s Heritage: Upsurge Of Religious Despotism In Sri Lanka: Can The JVP Withstand Sinhala-Buddhi... (Category: Breaking News)
- To Be Realistic, There Are Only Two Options (Category: Breaking News)
- Waiting For Godot: Can Some Developing Nations Unite & Transform The Planet? (Category: Breaking News)
China Daily: Sri Lanka is set to receive its first group of post-pandemic Chinese tourists after becoming one of the first 20 countries to resume the organization of outbound group tourists from China since COVID-19. Their flight will depart from the Shanghai Pudong International Airport on March 3. “We are expecting Chinese tourists to come […]
- Sri Lanka to receive first group of post-pandemic Chinese tourists in March (Category: Breaking News)
- Tourists suffer as industry bureaucracy is in knots (Category: Breaking News)
- CP frowns on govt.’s handling of Chinese ship issue (Category: Breaking News)
- Sri Lanka on China-IMF agenda (Category: Breaking News)
President Ranil Wickremesinghe said that tourist numbers had dropped following the protests in May and June of last year. Wickremesinghe announced plans to make Sri Lanka a year-round tourist destination, with measures to be taken to promote the tourism sector. He made these comments during a meeting with businessmen from the tourism industry in the […]
- Sri Lanka to target 5 million tourist arrivals a year (Category: Breaking News)
- Tourist zones to be established in Sri Lanka (Category: Breaking News)
- Sri Lanka says Australia helping shift power dynamics in region (Category: Breaking News)
- Sri Lanka seeks Maldives assistance in war on drugs (Category: Breaking News)
By Saman Indrajith SBJB MP Harsha de Silva said that he had asked the Gotabaya Rajapaksa administration to seek IMF assistance in 2020. “At that time a U.S dollar was selling at Rs 200. The interest rates were around six percent. Inflation was around six percent. The situation is completely different today. Our interest rates […]
- Harsha accuses govt. of being secretive about debt negotiations with international commercial cr... (Category: Breaking News)
- Domestic debt restructuring: Harsha insists money belonging to EPF members must be safeguarded (Category: Breaking News)
- Sri Lanka on China-IMF agenda (Category: Breaking News)
- Harsha predicts 18 % VAT will have devastating effect on farming (Category: Breaking News)
By Noah Berman A wave of darkness engulfed Pakistan on January 24 as its aging power grid strained to meet the country’s demand for electricity. The massive outage was the latest in a series of blackouts that have become a chronic symptom of Pakistan’s ailing and climate-vulnerable economy, under duress from devastating natural disasters, a colossal […]
- Pakistan: Imran Khan’s high-stakes election gamble (Category: Breaking News)
- Does The Proposed Contempt Of Court Bill Amount To 23rd Amendment To The Constitution? (Category: Breaking News)
- China’s space success linked with its larger political, diplomatic goals: Report (Category: Breaking News)
- Indian embassy in Kuwait organises beach cleaning drive, 500 volunteers take part (Category: Breaking News)
Andy Murray continued his eventful start to the season with a notable win over Germany’s Alexander Zverev to put him into the Qatar Open quarter-finals. Britain’s Murray, 35, dug deep into his physical and mental reserves yet again to win 7-6 (7-5) 2-6 7-5 after an absorbing three-hour match in Doha. “I managed to stay […]
- Emma Raducanu loses in Cincinnati (Category: Breaking News)
- Andy Murray beats James Duckworth at Wimbledon (Category: Breaking News)
- Novak Djokovic & Rafael Nadal into last 16 at Roland Garros (Category: Breaking News)
- Brazil wear all-black kit in anti-racism message (Category: Breaking News)
By Sanath Nanayakkare The prospects for lightening the debt burden of low-income countries such as Sri Lanka will become clearer at the G20 meeting to be held in Bengaluru, President Ranil Wickremesinghe said in Colombo on Tuesday. He said so referring to the G20 Finance Ministers and Central Bank Governors meeting under the G20 Indian […]
- India greatly sensitive to needs of Lanka – PM Modi (Category: Breaking News)
- Debt restructuring making progress in countries outside G20 framework - IMF (Category: Breaking News)
- G20 advocate swift resolution of Sri Lanka’s debt situation and strengthen global debt collabora... (Category: Breaking News)
- Japan seeks to organize SL creditors’ conference: Will China attend? (Category: Breaking News)
A bilateral Air Services Agreement was signed between the Netherlands and Sri Lanka in The Hague, the Netherlands. The agreement will provide a stronger platform to further intensify connectivity both between the countries as well as the European and Asian regions. The instrument inked at the Dutch Ministry of Foreign Affairs provides inter alia for […]
- Netherlands and Sri Lanka sign deal for return of stolen artefacts (Category: Breaking News)
- Police fire tear gas to disperse protest (Category: Breaking News)
- SJB releases political plan for economic development (Category: Breaking News)
- President says Sri Lanka cannot continue to beg (Category: Breaking News)
By Saman Indrajith The JVP told Parliament yesterday that the IMF would not consider extending its assistance to Sri Lanka as long as the incumbent government remained in power, without holding elections. JVP MP Vijitha Herath, participating in the second reading debate on the Regulations under the Colombo Port City Economic Commission Act, said that […]
- Sajith says govt lying about there being no money to hold polls after having printed Rs 278 bn i... (Category: Breaking News)
- Chief Govt. Whip insists only Presidential poll will be held this year (Category: Breaking News)
- JVP plans protest in Colombo tomorrow (Category: Breaking News)
- The government printed Rs 278 billion between October and December 2022 (Category: Breaking News)
Sri Lanka has secured Japanese assistance to run government hospitals. The Japanese Ambassador Mizukoshi Hideaki yesterday (22) signed an Exchange of Notes, with the Secretary to the Treasury, Mahinda Siriwardana, at the Presidential Secretariat. for a humanitarian grant assistance of USD 46 million in providing diesel fuel for public hospitals, across the country, Earlier, China provided […...
- Japanese assistance amounts to over USD 44 mn for such operations (Category: Breaking News)
- Japanese funding to install solar power at three key govt. hospitals (Category: Breaking News)
- Sri Lanka to receive financial assistance of USD 203 million from ADB, JFPR (Category: Breaking News)
- Emergency food supplies: Japan spent USD 10 mn since June last year (Category: Breaking News)
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