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[…]The post A Lament Of The Tragedy Of Our Times appeared first on Colombo Telegraph.
[…]The post Pelosi’s Pivot As Cold War & Colonialism Rebound: Blue-Greenwash In The Indian Ocean appeared first on Colombo Telegraph.
India’s External Affairs Minister Dr. S. Jaishankar on Thursday conveyed to his Sri Lankan counterpart Ali Sabry that India, as a “dependable friend” of Sri Lanka, remained committed to assisting it in its economic recovery.The post India remains committed to assist Sri Lanka in its economic recovery – Jaishankar tells Sabry appeared first on ONLANKA News :. Sri Lanka Breaking News Updates -...
Rupee depreciation, dues from government-owned institutes and overpaid overstaff are prominent reasons for the loses
Sri Lanka is considering a restructure of local and sovereign debt, President Ranil Wickremesinghe said on Friday, as the island nation battles its worst financial crisis in its independent history.The post Sri Lanka considering restructure of local and sovereign debt appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
By Akitha Perera General Secretary of the All Ceylon Private Bus Owners’ Association Anjana Priyanjith yesterday said that they had commenced a strike from midnight of 04 August over the inadequate supply of diesel.He said that buses only received 40 litres a week through the QR system and that it was not at all sufficient […]
The key stock index has gained 9.3% in the last 7 sessions.
Sri Lanka's tax revenue is one of the lowest in the world in terms of GDP ratio.
Difficulties procuring insurance, as well as logistical and security concerns, were some of the issues raised by sponsors and broadcasters that led to the Asia Cup being shifted from Sri Lanka to the United Arab Emirates, Sri Lanka Cricket has revealed. “They felt that the situation in Sri Lanka was not conducive to garner the […]
By Rathindra Kuruwita The police no longer had adequate resources to deal with organised crime and that had led to an increase in gang related violence in recent months, retired Senior DIG Priyantha Jayakody said yesterday.He said that when there was an economic crisis, the crime rates went up. “This is natural. However, the problem […]
Friday 5th August 2022 Sri Lanka’s struggle to shore up its crumbling economy continues, and there are no signs of promised foreign assistance materialising anytime soon. The Cabinet has just retained the services of some foreign firms for external debt restructuring, which is one of the main conditions for the IMF bailout package. When the […]
The Asia Council’s Forum for Economic Cooperation comprising regional leaders from the continent has urged Japan and South Korea to help Sri Lanka tide over the ongoing economic crisis. The island nation of 22 million people is facing an unprecedented economic meltdown with inflation in July hitting a record 60.8% and the country still facing […]
Will there be yet another diplomatic flashpoint between India and Sri Lanka over the scheduled arrival Wang 5 spy vessel at the Southern Hambantota Port close to mid-August? The spy vessel has put India in a strategic dilemma and wants Sri Lanka to refuse entry to the Sri Lankan territorial waters owing to security concerns. […]
Market gains on signs of political stability - analyst
The minister of transport has approved the price revision with the recommendation of the NTC.
[…]The post What Is The “System Change” We Anticipate? How Can It Be Achieved? appeared first on Colombo Telegraph.
An international human rights group says Sri Lanka's government is using emergency laws to harass and arbitrarily detain protesters who are seeking political reform and accountability amid the island country's economic crisis.The post Rights group says Sri Lanka harassed, intimidated protesters appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
Indian media had reported that India had raised the issue of the Chinese research vessel that is scheduled to arrive at the Hambantota Port, with President Ranil Wickremesinghe. India had raised concerns after the Ministry of Defence in Colombo confirmed the ship’s arrival, despite New Delhi clearly outlining its concerns regarding the arrival of this […]
by Chandre Dharmawardana, chandre.dharma@yahoo.ca. The forex crisis had forced the government to jettison its initial set of economic managers of the Central bank who looked for home-grown solutions and opposed dealing with the International Monetary Fund (IMF). The President re-instated a set of managers whose ideas were more orthodox and aligned with the neo-liberal bankers […]
By Saman Indrajith President Ranil Wickremesinghe yesterday delivering his maiden policy statement, in Parliament, and vowed not to allow anyone to act outside the law. The President said that legal action would be taken against those who intentionally violated the law and engaged in violent and terrorist acts. “There are groups spreading violence near fuel […]
Sri Lanka has lost many FDIs due to political disagreement at parliament level.
Investors bought the risky assets despite high interest rates.
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[…]The post Is Sri Lanka Becoming A Police State? Government Efforts To Delegitimise Aragalaya appeared first on Colombo Telegraph.
Sri Lanka will restart bailout talks with the International Monetary Fund (IMF) in August, its new president said on Wednesday, while calling on lawmakers to form an all-party government to resolve a crippling economic crisis.The post Sri Lanka to restart IMF bailout talks, president calls for unity Government appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri L...
Calls for unity in a country torn apart by nationalism and monetary instability
Selected imports will be restricted to balance payments for fuel, President Ranil Wickremesinghe said today. The President told Parliament that the immediate requirement before the country is fuel. “While appreciating the international assistance in addressing the fuel shortage, it in timely that we now initiate a system for such importation from our own export income […]
assport of a British national, Kayleigh Fraser, who had posted about the protests on social media, seized
A leading human rights group has accused the new Sri Lanka Government of cracking down on dissent. The Sri Lankan Government is using emergency regulations to harass and arbitrarily detain activists seeking political reform and accountability for the country’s economic crisis, Human Rights Watch said today. Since Ranil Wickremesinghe was sworn in as President on July […]