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The Government and the Central Bank of Sri Lanka (CBSL) have been implementing several measures to ease the burden of the current economic hardships on the people. One major factor that is contributing to the current crisis and the resultant hardships is the lack of foreign exchange liquidity in the banking system. Such shortage of […]
- CBSL warns market players of stern action (Category: Breaking News)
- Sri Lanka central banks threatens stern action on victims after printing money (Category: Breaking News)
- CB: Indian rupee not ‘legal tender’ in SL (Category: Breaking News)
- Central Bank assures foreign exchange to import essential goods (Category: Breaking News)
Sri Lanka has resumed technical discussions with the International Monetary Fund on a potential bailout after the new government took office, according to a report by Reuters.Discussions with the multilateral lender started in April under former President Gotabaya Rajapaksa. The Sri Lankan government hopes to secure an Extended Fund Facility (EFF) – which would be […]
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
- Seeking Direction (Category: Business)
Sri Lanka’s No. 1 Bank, Bank of Ceylon, marks its 83rd Anniversary today. The Bank will celebrate the occasion beginning with a multi-religious ceremony at the Bank’s Head Office with the participation of distinguished guests comprised of customers and well- wishers. The event will be held with the patronage of the Bank’s Chairman, Kanchana Ratwatte, […]
- BOC invites Sri Lankan expatriates and international investors to join “BOC My Sri Lanka” (Category: Breaking News)
- BOC open on 1 January (Category: Business)
- ‘Bank of Ceylon reiterates its leadership position with industry leading performance’ (Category: Breaking News)
- BOC to continue effective handling of finances and resource build-up (Category: Breaking News)
Organic food production and trade is evolving into a rapidly growing industry across the world. Prompted by a developing inclination for healthy life choices and awareness on the benefits of organic food, a greater number of global consumers are opting for organic products. In the midst of this competitive industry, Sri Lankan producers and manufacturers […]
- European importers and retailers offer to buy organic food products from Sri Lanka (Category: Breaking News)
- European biz chambers in Sri Lanka organise B2B organic food conference (Category: Breaking News)
- NCE participates in Middle East natural and organic products exhibition (Category: Business)
- Sri Lankan apparel embracing organic manufacturing: GOTS (Category: Breaking News)
“Tyrannical governments and illegitimate leaders throughout history have led their societies to destruction” The Federation of University Teachers (FUTA) says that the Wickremasinghe-Rajapaksa government lacks any legitimacy and it should stop taking cover behind the Constitution.In a statement condemning what it termed as “repression of aragalaya activists by the current regime&...
- FUTA urges govt. to stop suppressing people’s rights (Category: Breaking News)
- Political engagement with Aragayala necessary (Category: Breaking News)
- Accusing govt. of repression, FUTA pledges solidarity with protesters (Category: Breaking News)
- JVP demands release of Aragalaya activists detained under PTA, insists there is no evidence agai... (Category: Breaking News)
Sri Lanka's new president Ranil Wickremesinghe has formally invited MPs to join an all-party unity government to revive the bankrupt economy by undertaking painful reforms, his office said Sunday.The post Sri Lanka president seeks unity government to save economy appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
- Sri Lanka to restart IMF bailout talks, president calls for unity Government (Category: Breaking News)
- Sri Lanka President says China’s assurances to restructure Sri Lanka’s debt received and forward... (Category: Breaking News)
- Sri Lankan President leaves for Germany (Category: Breaking News)
- Easter Attacks: Sri Lanka to seek assistance of UK Government & intelligence over Easter Sunday ... (Category: Breaking News)
[…]The post Economy, Emergency & Aragalaya appeared first on Colombo Telegraph.
- The President, IMF & System Change (Category: Breaking News)
- GR’s Gamble With RW (Category: Breaking News)
- Ranil’s Cabinet Trap & Aragalaya (Category: Breaking News)
- The Road Ahead For RW & Aragalaya (Category: Breaking News)
We need to only remind ourselves of what happened to Greece and China (KMT) - D S Sennayake
- CBSL warns market players of stern action (Category: Breaking News)
- CBSL reiterates importance of ‘fair play’ by all stakeholders of economy in countering economic ... (Category: Breaking News)
- Sri Lanka exporters say committed to repatriating funds (Category: Breaking News)
- Sri Lanka CB takes on task finding dollars for food after open account ban (Category: Breaking News)
He has over 23 years of experience in the banking sector
- Slade new RACT chief (Category: Australia, Tasmania )
- Clayton Police Department Chairman Eldrin Bell Hit By Suspected Drunk Driver (Category: USA, Georgia)
- Broncos boss quits in protest of sacking (Category: Australia, Queensland)
- Henjak sacking: Broncos boss quits (Category: Australia, Queensland)
Sri Lanka’s president said Saturday that an agreement with the International Monetary Fund to help pull the bankrupt nation out of its economic crisis has been pushed back to September because of unrest over the past weeks.The post Sri Lanka leader says IMF agreement pushed back after unrest appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
- Ranil Wickremesinghe elected as 8th Executive President of Sri Lanka (Category: Breaking News)
- Sri Lanka President meets UN Secretary-General in Egypt (Category: Breaking News)
- Sri Lanka President meets Prime Minister of Singapore (Category: Breaking News)
- Ranil Wickremesinghe sworn in as Acting President of Sri Lanka (Category: Breaking News)
England swatted aside Sri Lanka as they overhauled a meagre total with 17 balls to spare in their opening Twenty20 match of the Commonwealth Games. Spinner Sophie Ecclestone justified her ranking as the best T20 bowler in the world with three wickets to sap Sri Lanka of momentum. The visitors washed up on 106-9 and […]
- England stunned by Ireland as rain results in five-run defeat (Category: Breaking News)
- Sri Lanka beat England by seven wickets to win women’s T20 series (Category: Breaking News)
- England win another thriller in Pakistan (Category: Breaking News)
- England reach semi-finals with nervy win over Sri Lanka (Category: Breaking News)
Conditions have changed since Cairn India drilled exploratory wells Conditions for taking forward Sri Lanka’s efforts at exploiting indications of the presence of petroleum and natural gas in the Mannar basin have improved significantly in the last two years according to well informed sources in the international oil industry. These sources said that when Cairn […]
- Sri Lankan gas strike for Cairn (Category: Breaking News)
- Cairn makes second gas discovery in Sri Lanka (Category: Breaking News)
- All eyes on Cairn's next gas well, Sri Lanka says (Category: Breaking News)
- Oil drilling to commence in July (Category: Breaking News)
by Rex Clementine Jesus’ teachings nearly 2000 years after his death still are highly relevant and we see living examples daily. This week we witnessed one such in sports when Prabath Jayasuriya spun Sri Lanka to a famous victory over Pakistan. Jesus had taught when a man rejects someone that necessarily doesn’t have to be the […]
- Sri Lanka s Prabath Jayasuriya crowned ICC Players of the Month (Category: Breaking News)
- Prabath Jayasuriya destined for great things (Category: Breaking News)
- Gota puts pressure on The Island (Category: Breaking News)
- Barrel Sanka arrested (Category: Breaking News)
Anthony Nihal Fonseka has been reappointed as a member of the Monetary Board of the Central Bank of Sri Lanka (CBSL) with effect from 27 July 2022 for a period of six years. Previously, he served on the Monetary Board from July, 2016 to May 2020 and from May 2022 to July 2022. He obtained […]
- Sri Lanka bribery net catches another local government official (Category: Breaking News)
- Power cuts for 16th & 17th July approved (Category: Breaking News)
- Nihal Fonseka re-appointed as Sri Lanka monetary board member for 6-years (Category: Breaking News)
- Sri Lanka universities considering admittance of 3,000 more students as redress to Z-score issue (Category: Breaking News)
[…]The post Presidential Dilemma: Find Fuel Or Face Protests appeared first on Colombo Telegraph.
- Ranil-Rajapaksa Dilemmas: Push Back On Basil Or Risk Leaving Like Gota (Category: Breaking News)
- Ranil-Gota Twosome: One Gone, The Other Is Acting Up (Category: Breaking News)
- Good Bye Ranil; “Welcome” President Dulles Alahapperuma (Category: Breaking News)
- Whose Saviour Is Ranil? And Who Is Being Clever – Ranil Or Gota? (Category: Breaking News)
[…]The post The Aragalaya & Human Rights In Geneva This September appeared first on Colombo Telegraph.
- What’s In Store In Geneva For The Sri Lankan Government (Category: Breaking News)
- Are Economic Crimes None Of The UNHRC’s Business? (Category: Breaking News)
- A snake may lurk in the UN grass (Category: Breaking News)
- The Women At Gates Of The Mahara Prison (Category: Breaking News)
Sri Lanka's rupee fell sharply in the June quarter
- Sri Lanka’s IOC unit reports Rs12.3 bn in Sept 2022 profits (Category: Breaking News)
- Sri Lanka’s IOC unit reports Rs9.9 bn in June 2022 profits (Category: Breaking News)
- Sri Lanka Nestlé unit’s profit up 34% amid net financial expenses jump (Category: Breaking News)
- Sri Lanka’s Haycarb March net up on forex gains (Category: Breaking News)
President Ranil Wickremesinghe says an agreement with the International Monetary Fund (IMF) will not fully resolve Sri Lanka’s issues. He said that Sri Lanka needs to look at ways of paying back its loans. Speaking in Kandy today, the President said that the protests had delayed a possible deal with the IMF. He said that […]
- IMF holds talks with Prime Minister Ranil Wickremesinghe (Category: Breaking News)
- SJB and SLPP rebels decide to boycott budget vote (Category: Breaking News)
- IMF calls for resumption of dialogue to reach deal with Sri Lanka (Category: Breaking News)
- Maldives Speaker to coordinate relief assistance for Sri Lanka (Category: Breaking News)
The Central Bank of Sri Lanka (CBSL) has warned of stern action against market players who fail to fully comply with foreign exchange regulations. Issuing a statement, CBSL said that the bank and the Government have been implementing several measures to ease the burden of the current economic hardships on the people. One major factor […]
- Central Bank assures foreign exchange to import essential goods (Category: Breaking News)
- CBSL reiterates importance of ‘fair play’ by all stakeholders of economy in countering economic ... (Category: Breaking News)
- Indian Rupee not a legal tender in Sri Lanka for domestic payments (Category: Breaking News)
- Sri Lanka further relaxes Foreign Exchange Regulations (Category: Breaking News)
SORA’s objective is to become a usable currency for both users on Earth as well as the Metaverse SORA platform currency is governed by a Parliamentary system that has multiple bodies with clear separation of powers, and where the members are chosen randomly from the SORA Citizen population. XOR transactions are fast and cheap, costing […]
- SriLankan Airlines poses questions on public concerns (Category: Breaking News)
- Civil Society Calls on Government to Enable Burials of COVID-19 Dead (Category: Breaking News)
- Civil Society Calls on Government to Enable Burials of COVID-19 Dead (Category: Breaking News)
- President Wickremesinghe, The Current Pohottuwa Government & The Way Forward – A Call From Citiz... (Category: Breaking News)
Bodyline (Pvt.) Ltd., a subsidiary of MAS Holdings, will be the official clothing partner for the Sri Lanka Athletics– SLA, from 2022 till the Paris Olympics in 2024. At an event held on the 28th of July 2022, Dinesh de Silva, Chief Executive Officer of Bodyline, officially handed over the athletic kits designed by MAS […]
- MAS Holdings enters new venture with BAM Knitting (Category: Breaking News)
- ICC Men’s T-20 World Cup Cricket Jersey for team Sri Lanka unveiled (Category: Breaking News)
- MAS Holdings launches the Foundation for Change (Category: Breaking News)
- MAS elevates femtech apparel solutions with the re-launch of femography (Category: Breaking News)
IsharaShehan Consultancy helps businesses to move forward using advanced SEO tactics and industry best practices that increase brand visibility and generate more sales/leads. With several global clients under its portfolio, the company works to international standards, to offer the best possible service. The Founder of IsharaShehan Consultancy, Ishara Shehan Silva, who is an international SEO [...
- Antyra Solutions celebrates eight years of digital success, introducing new product portfolios (Category: Breaking News)
- ALT X assigned by international SaaS startup Serviceform for brand strategy development (Category: Breaking News)
- Classic Destinations Joins Internova Travel Group’s International Network of Independent Travel ... (Category: Breaking News)
- Janashakthi Life celebrates MDRT achievers at ‘Road to MDRT 2023’ inauguration (Category: Breaking News)
Selective default rating and forex shortages makes it impossible to issue guarantees
- Keel Laying (Category: Business)
- Offshore Focus (Category: Business)
- Dockyard studying Hambantota facilities (Category: Breaking News)
- Two more ships for Colombo Dockyard (Category: Breaking News)
By Shiran Ranasinghe and Sanath Nanayakkara The Ceylon Petroleum Corporation (CPC) has still not paid for a ship carrying 40,000 tonnes of diesel that had arrived in Colombo Port on 16 July 16. The CPC has to pay 52 million dollars to the Dubai based Coral Energy before unloading the diesel. Moreover, the CPC also […]
- Kanchana admits consumers charged Rs. 50 per litre of fuel to settle USD 700 mn Indian loan (Category: Breaking News)
- SJB unionist: IOC and Sinopec benefit from special levy on fuel to recover CPC losses (Category: Breaking News)
- CPC urges public not to believe rumours of fuel shortages (Category: Breaking News)
- Low quality crude has resulted in 22% drop in diesel production (Category: Breaking News)
Chinese financial institutions have reached out to Sri Lanka and had shown full readiness to find a way to handle the matured Chinese loans and help Sri Lanka to overcome the difficulties, Chinese Foreign Ministry Spokesperson Zhao Lijian said during his Regular Press Conference in Beijing. Lijian made this statement in response to a question […]
- China calls for joint efforts to ease Sri Lanka s debt burden (Category: Breaking News)
- Sri Lanka on China-IMF agenda (Category: Breaking News)
- China reiterates fullest support for Sri Lanka in securing IMF assistance (Category: Breaking News)
- Debt Trap is only a myth Chinese Ambassador (Category: Breaking News)
By Ifham Nizam The Ministry of Agriculture had yesterday decided to establish a dollar account for the development of the agriculture sector for the country’s food security, a senior Ministry official said.Chairman of the Presidential Committee on National Food Security, Dr. Suren Batagoda, said that if Sri Lanka’s food security is not ensured, the people […]
- Four-day debate on Budget Appropriation Bill (Category: Breaking News)
- Agri Secy. directed to probe frauds in USD 10 mn project (Category: Breaking News)
- Lanka signs agreement with FAO to select recipients for fertiliser (Category: Breaking News)
- Imported rice ends up as animal feed (Category: Breaking News)
Police search FSP office By Rathindra Kuruwita The government was carrying out a psychological operation to prevent the people from taking to the streets as the economic crisis deepens, Frontline Socialist Party (FSP) Propaganda Secretary, Duminda Nawagamuwa said yesterday, following a police raid of their Colombo office. Nawagamuwa said that a policeman, and 10 men […]
- FSP to launch manifesto (Category: Breaking News)
- FSP frowns on increases in defence expenditure (Category: Breaking News)
- FSP denies having truck with SJB at coming polls (Category: Breaking News)
- Chinese contractor obtaining Port City sand for Colombo harbour projects unlawfully: FSP (Category: Breaking News)
The Ministry of Finance, in an update on the discussion with the International Monetary Fund (IMF), said that Sri Lankan authorities have substantial progress has been made during the talks on the discal, monetary and structural reforms necessary to stabilize the country s economy.
Sri Lanka has resumed technical discussions with the International Monetary Fund on a potential bailout after a new government took office, the finance ministry said on Friday.The post Sri Lanka resumes bailout discussions with IMF, finance ministry says appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
- Japan, India and France to announce Sri Lanka’s debt restructuring negotiation process (Category: Breaking News)
- IMF not expected to discuss Sri Lanka before year-end – sources (Category: Breaking News)
- Jaishankar conveys India’s commitment to increase investment flows to Sri Lanka to hasten econom... (Category: Breaking News)
- Sri Lanka to introduce pension scheme for self-employed people (Category: Breaking News)
Food prices up 90 percent over 12 months
- Nearly half of NYC residents not sold on getting COVID-19 vaccine, survey finds (Category: USA, New York)
- Nearly half of NYC residents not sold on getting COVID-19 vaccine, survey finds (Category: USA, New York)
- Nearly half of NYC residents not sold on getting COVID-19 vaccine, survey finds (Category: USA, New York)
- Nearly half of NYC residents not sold on getting COVID-19 vaccine, survey finds (Category: USA, New York)
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