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State Minister of Power and Energy, D.V. Chanaka, says Sri Lanka has generated a revenue of USD 3 million through the sale of 5,200 MT of fuel via the revived bunkering system for vessels.The post Sri Lanka earned $3 Million from resuming bunkering system – State Minister appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
In a recent development at the Indian Ocean Conference, Australian Minister of Foreign Affairs Penny Wong held a significant meeting with President Ranil Wickremesinghe.
President Ranil Wickremesinghe invited West Australia Prime Minister Roger Cook to visit Sri Lanka and explore investment opportunities in the country. President Wickremesinghe, arrived at the Perth International Airport Thursday afternoon (08) to attend the 7th Indian Ocean Conference in Perth, Australia At the invitation of the India Foundation and the Australian Government, President Ranil [...
[…]The post NPP Deserves Fairness From Critics appeared first on Colombo Telegraph.
By Uditha Devapriya George Keyt, Sri Lanka’s most celebrated painter, died 30 years ago in 1993. During his life and after his death, he became the subject of several studies by Sri Lankan and foreign scholars. Today his paintings have found their way to some of the biggest art collections in his country, as well […]
[…]The post NPP’s Visit To India & Learning From India’s Success appeared first on Colombo Telegraph.
Sri Lankan President Ranil Wickremesinghe has left for Australia to participate in the 7th Indian Ocean Conference in Perth, Australia.The post Sri Lanka President leaves for Australia to attend 7th Indian Ocean Conference appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
President Ranil Wickremesinghe said in Parliamenty yesterday he was aware that Value Added Tax (VAT) was a burden on the public. He said it would be possible to reduce VAT with the passage of time. Delivering the government policy statement at the commencement of the new session of Parliament, the President said: “The prior scarcity […]
President Ranil Wickremesinghe left the island this morning (08) to attend the Seventh Indian Ocean Conference (IOC) in Perth, Australia, from February 9th to 10th on an invitation from the India Foundation and the Government of Australia. On an official visit, President Wickremesinghe will play a pivotal role in shaping discussions at the conference, slated […]
By DR. C. S. WEERARATNA A trade deficit typically occurs when a country does not produce enough goods for its citizens. When production cannot meet demand as in Sri Lanka, there is a need to import thereby widening the trade deficit. A persistent trade deficit is detrimental to a country’s economy because it is financed […]
Urges unity over deep political divisions for effective crisis management Says ‘intricate’ foreign debt restructuring will take up to six months Invites Opposition to confer with institutions that foster international financial stability by Sanath Nanayakkare As government revenue increases, measures will be taken to increase benefits for the people accordingly, President Ranil Wickremesinghe said...
Inaugurating the 5th session of the 9th Parliament of Sri Lanka President Ranil Wickremesinghe called upon all lawmakers to collaborate in nation building even though they would be contesting elections separately. “From ancient times to the present day, our world has encountered a myriad of crises, spanning nations and personal lives alike. While some crises […]
[…]The post 76 Years Of (In)Dependence! appeared first on Colombo Telegraph.
Sri Lanka President Ranil Wickremesinghe while presenting his Policy Statement in Parliament today (February 07), says the government was planning to reduce the tax burden as economic reforms continue to stabilize the economy.The post Sri Lanka President Ranil delivers Government’s policy statement in Parliament appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
As the Maldives approaches a critical juncture in its economic trajectory, the decisions made by President Mohamed Muizzu are coming under intense scrutiny. The nation, composed of around 550,000 people stands at a crossroads, grappling with economic challenges exacerbated by a series of decisions that have raised eyebrows and sparked concerns. The recent reports indicating […]
Minister of Foreign Affairs, Ali Sabry says strengthening and carrying forward President Ranil Wickremesinghe s program to establish free trade agreements (FTAs) with other countries is crucial to ensure Sri Lanka s economic stability and prevent future downturns.
[…]The post Anura’s Visit To India, Its Signs & Importance appeared first on Colombo Telegraph.
[…]The post JVP: From Idealism Of Anti-Indianism To Pragmatic Realism(?) appeared first on Colombo Telegraph.
Sri Lanka has approved gradually lifting some limits on converting rupees to foreign exchange for outward remittances and the new directions will be presented to parliament for approval, cabinet spokesperson Bandula Gunawardane said on Tuesday.The post Sri Lanka approves lifting some limits on rupee conversion for outward remittances appeared first on ONLANKA - Sri Lanka Latest Breaking News and T...
N Sathiya Moorthy Chennai 4 February 2024 The way western nations through their diplomats deployed in Colombo continue to comment on what essentially are internal matters of the country, they should sooner than later be prepared for a future government either asking them to shut up or withdraw into a shell, at times quitting […]
Talks between China and Sri Lanka on a Free Trade Agreement (FTA) have stalled following disagreements on certain issues. Officials said that China was more flexible in the negotiations after the last round of discussions held in 2018 stalled following some disagreements. However, Speaking at a press briefing titled “Collective Path to a Stable Country” […]
The Sri Lankan Government says it has not given approval to cultivate cannabis in the country. Cabinet Spokesman Bandula Gunawardena said that no such Cabinet paper was presented to the Cabinet. State Minister Diana Gamage had been quoted as saying that approved was granted to a proposal to cultivate and export cannabis for medicinal purposes. […]
Speaking at a press briefing titled “Collective Path to a Stable Country” held at the President Media Centre (PMC) today (06),Minister of Foreign Affairs, Ali Sabry PC, elaborated on the government’s plans to establish Free Trade Agreements (FTA)s with India, Indonesia, Malaysia, Vietnam, and China by the end of 2024. He expressed optimism that these […]
Sri Lanka has approved gradually lifting some limits on converting rupees to foreign exchange for outward remittances and the new directions will be presented to parliament for approval, cabinet spokesperson Bandula Gunawardane said on Tuesday.
[…]The post Government Celebrates Independent Of The People appeared first on Colombo Telegraph.
The Janatha Vimukthi Peramuna (JVP) delegation led by its leader Anura Kumara Dissanayake met India's Foreign Secretary Vinay Mohan Kwatra at the Taj Mansingh Hotel last night, party sources said.The post Anura Kumara meets India’s Foreign Secretary Vinay Mohan appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Sri Lanka expects to attract about US$5 billion in foreign funds in the next two years once it is able to finalise the restructuring of its overseas debt, the country’s foreign minister said on Monday (February 5).The post Sri Lanka eyes US$5 billion in foreign funds after debt restructure appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
By Jehan Perera The day before Independence Day, a book launch took place at the Mangaiyar Mandapam Hindu Women’s Society in Wellawatte. The two books launched were biographies of a father and son who contributed to public life in Sri Lanka over the past century. The father was Sir Waitialingam Duraiswamy a former speaker of […]
Sri Lanka expects to attract about US$5 billion in foreign funds in the next two years once it is able to finalise the restructuring of its overseas debt, the country’s foreign minister said on Monday (Feb 5). The nation defaulted on its overseas debt in May, 2022 after a severe shortage of foreign exchange reserves […]
[…]The post Sri Lankans Should Fight For Economic Freedom & Not For Economic Independence appeared first on Colombo Telegraph.