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Saturday 17th February, 2024 Trade unions are on the warpath, demanding pay hikes, and the ordinary people are struggling to keep their heads above water mostly due to unconscionably high tax and tariff hikes. The government insists that such painful measures are necessary to help the country come out of the present economic crisis. But […]
The Central Bank of Sri Lanka released the Monetary Policy Report – February 2024 in keeping with the requirements of the Central Bank of Sri Lanka Act, No. 16 of 2023. The content of this Report is mainly based on information that was considered by the Monetary Policy Board of the Central Bank of Sri […]
Projections indicate a deviation of inflation from the target, primarily due to amendments to the Value Added Tax (VAT) introduced in January 2024, before it retraces towards the target from around end 2024, the Central Bank of Sri Lanka said. The Central Bank of Sri Lanka released the Monetary Policy Report – February 2024 in […]
[…]The post MP Gary Anandasangaree’s Hypocrisy & Political Cowardice On Israel-Palestine appeared first on Colombo Telegraph.
Sri Lanka's economy is expected to keep growing in 2024 and gradually reach its potential over the medium term, according to the Central Bank's latest report on monetary policy.The post Central Bank of Sri Lanka says annual economic growth expected to turn positive in 2024 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Samagi Jana Balawegaya (SJB) party is going to remove MP Sarath Fonseka from his position as party chairman due to his recent comments that have caused political concerns for the party, a source said.The post Sarath Fonseka to be removed from SJB chairmanship appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
President Ranil Wickremesinghe attended the inauguration of the Anuradhapura North Water Supply Project on Thursday morning (February 15), sourced from the Mahakanadarawa Lake.The post President engages in addressing farmers’ issues surrounding Mahakanadarawa Lake appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Former President Maithripala Sirisena and Deputy Assistant Secretary in the Bureau of South and Central Asian Affairs (SCA) in the US, Afreen Akhter, had talks on the political situation in Sri Lanka. The former President’s Office said that the discussions also focused on the new alliance being formed by the Sri Lanka Freedom Party (SLFP). […]
[…]The post The Judicial Power Of The People & A Presidential Interpretation Of Our Constitution? appeared first on Colombo Telegraph.
[…]The post The Economic Setbacks Of Yahapālanaya Government appeared first on Colombo Telegraph.
[…]The post A Tribute To Mrs Sriya Malathi Gunasekera, Wife Of Late Comrade Prins Gunasekera appeared first on Colombo Telegraph.
[…]The post In Tamil Nadu Even As BJP Moves In Spurts, I.N.D.I.A. Wilts Away appeared first on Colombo Telegraph.
Sri Lanka s spike in inflation is expected to be short-lived and will return to the targeted 5% in the medium term, a monetary policy report released by the central bank said on Thursday as the island nation s economy stabilises from a crippling financial crisis.
Minister of Power and Energy Kanchana Wijesekara says he has received an audit report from KPMG and CPSTL audit investigation officials saying they have found that more than 1.3 million entries on SAP data have been changed or deleted since 2010 and that most have occurred in 2022 during the height of Sri Lanka s fuel crisis.
Friday 16th February, 2024 Much is being spoken about educational reforms, these days. President Ranil Wickremesinghe has stressed the need to gear the education system to the much-needed economic transformation the country is seeking to achieve. A former Minister of Education, the President is au fait with global trends in the field of education, and […]
Sri Lanka is keen to resume the Japanese funded Light Rail Transit (LRT) protect soon, President Ranil Wickremesinghe said. Dr. Tanaka Akihiko, the President of Japan International Cooperation Agency (JICA), called on President Wickremesinghe in Colombo. During the meeting, Dr. Akihiko expressed gratitude for President Wickremesinghe’s commitment to the economic reform program, acknowledging...
By Shamindra Ferdinando National Freedom Front (NFF) leader Wimal Weerawansa says the proposed Economic and Technology Co-operation Agreement (ETCA) with India should be examined in the context of India’s geopolitical strategy in respect of Sri Lanka. Referring to a recent declaration by SLPP MP Rear Admiral (retd.) Sarath Weerasekera that the government parliamentary group hadn’t […]
Japan has pledged USD 931,000 for a UNDP-led project meant to improve good governance by tackling corruption. A statement issued by the Japanese Embassy on behalf of the Sri Lankan government and the UNDP declared that in terms of the latest initiative ‘a Project for Promoting Economic Governance through Anti-corruption Policy Support’ they intended to […]
By Hiran H.Senewiratne Foreign and local investor participation in the CSE showed significant improvement yesterday due to a decline in Treasury bill yields, market analysts said. However, stock market activities were not strong due to depressing conditions in the political arena and because of the absence of market- driven activities, analysts said. The All Share […]
Consolidated revenue of Rs.42.4 billion, up 9.9% Healthcare revenue up 19.3% YoY to Rs.21 billion Diversified Sri Lankan conglomerate Sunshine Holdings PLC (CSE: SUN) has recorded a consolidated revenue of Rs.42.4 billion during the first nine months of the current financial year (9MFY24). Amidst the backdrop of moderately stable macroeconomic conditions, the Group has reported […]
Former Special Task Force (STF) chief Nimal Lewke has joined the Samagi Jana Balawegaya (SJB) political party, today (February 14).The post Former STF chief Nimal Lewke joins Samagi Jana Balawegaya appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Five days after Pakistan’s general election, two opposing parties, Pakistan Tehreek-e-Insaf (PTI) and Pakistan Peoples Party (PPP), have both announced plans to form a government – with the PTI allying with religious parties and the PPP forming a coalition with rival Pakistan Muslim League-Nawaz (PMLN). The PTI leadership on Tuesday announced that its independent candidates […]
[…]The post From Biden To Trump, Mahinda To Ranil! Have We Run Out Of Choices? appeared first on Colombo Telegraph.
[…]The post Restrictions Of Civic Space Is Unacceptable appeared first on Colombo Telegraph.
“The struggle for freedom for the people of Sri Lanka was not over with the country gaining independence in 1948. The freedom struggle must continue until every Sri Lankan believes and feels that he is an equal citizen of the country of his birth. This was stated by Director of the Walpola Rahula Institute of […]
Dr. Elias Joseph Jeyarajah, represented the Global Tamil Forum (GTF) at the recent launch of district level workshops for ‘National Conversation’ based on the Himalaya Declaration. The first inter-religious coordination committee promoting conversations on the merits of the Himalaya Declaration was held in Kurunegala on February 09. In spite of opposition from various quarters, particularly [̷...
National People’s Power (NPP) Leader Anura Kumara Dissanayake had talks with the Ambassador of the European Union (EU) in Sri Lanka Mrs. Carmen Moreno and discussed the current political situation in Sri Lanka. The meeting took place at the head office of the JVP, Tuesday, the JVP said. “Sri Lanka’s economic crisis and the […]
[…]The post Sri Lanka’s Economic Recovery, Fourth Industrial Revolution & Professor Siegfried Zuern appeared first on Colombo Telegraph.
[…]The post Inaugurating A New Political Culture With The Uma Oya Project appeared first on Colombo Telegraph.
National People’s Power (NPP) leader Anura Kumara Dissanayake said yesterday (February 11) that opposition groups were surprised by their recent visit to India, and he hinted that more unexpected events would occur soon.The post Unexpected political combinations united against NPP – Anura Kumara appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.