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Rupee has collapsed and fallen over 70 percent since central bank allowed flexible fox rate
- Sri Lanka rupee quoted 367.30 to TT dollar (Category: Breaking News)
- Rupee trading band to be set at 113.50/90 (Category: Business)
- Sri Lanka rupee little changed amid dull trading (Category: Breaking News)
- Sri Lanka rupee at 364 to TT dollar, guidance rate at 359.65 (Category: Breaking News)
Prime minister had expected food shortage to become severe in August.
- Refugee Support (Category: Business)
- Food Deal (Category: Business)
- Food Acquisition (Category: Business)
- Food Oppression (Category: Business)
Businessman Dhammika Perera’s name has been gazetted as a Member of Parliament from the Sri Lanka Podujana Peramuna (SLPP). SLPP’s General Secretary Sagara Kariyawasam said Dhammika Perera’s name had been proposed to the Election Commission to fill the National List seat in Parliament made vacant following the resignation of former Finance Minister Basil Rajapaksa. Perera […]
- Dhammika Perera resigns (Category: Breaking News)
- Dhammika Perera’s appointment to Parliament challenged (Category: Breaking News)
- Dhammika Perera ready to accept Cabinet portfolio (Category: Breaking News)
- Dhammika Perera to enter Parliament (Category: Breaking News)
Dhammika Perera is widely speculated to be appointed as a cabinet minister - SLPP sources
- Kelani Cables posts Rs 139 m profit (Category: Breaking News)
- Hemas earnings top Rs 291 million in Q2 (Category: Breaking News)
- Colombo Engineering sold for Rs 275 m (Category: Breaking News)
- Sinhaputra profits up by 571 percent (Category: Breaking News)
Customers are sending questionaries to exporters on a daily basis inquiring about the country's situation.
- Exporters Forum back in Sri Lanka (Category: Breaking News)
- No negative impact over GSP+ loss (Category: Breaking News)
- DHL partners HSBC Colombo Fashion Week for third consecutive year (Category: Business)
- TradeCard joins forces with Sri Lanka Design Festival (Category: Business)
The Government is looking to provide food free of charge to 10% of the population, Prime Minister Ranil Wickremesinghe said. He said that due to the pending food shortage he was launching a food security program in the country. Prime Minister Ranil Wickremesinghe added that he was hopeful that through the food security program the […]
- Confirmed petrol shipment due on 22nd of July (Category: Breaking News)
- Ranil briefs UN chief on Sri Lanka’s environment policy (Category: Breaking News)
- Opposition to oppose any moves to postpone LG polls (Category: Breaking News)
- President confident on debt restructuring talks (Category: Breaking News)
The United Nations team in Sri Lanka and non-governmental organisations launched a joint Humanitarian Needs and Priorities (HNP) Plan today, calling for US$47.2 million to provide life-saving assistance to 1.7 million people worst-hit by the economic crisis over a four-month period, from June to September. This directly responds to the Government of Sri Lanka’s request […]
- Australia to provide $50 million assistance to Sri Lanka (Category: Breaking News)
- WFP says 66 % Sri Lankans reduced number of meals eaten daily (Category: Breaking News)
- High-Level US delegation arrives in Sri Lanka (Category: Breaking News)
- High-Level US delegation to visit Sri Lanka (Category: Breaking News)
Sri Lanka is compelled to depend on other countries to manage the impacts of economic crisis.
- Fuel crisis - some recommendations (Category: Breaking News)
- Ailing Economy (Category: Business)
- Sri Lanka president urges ‘courage’ on National Day (Category: Breaking News)
- Sri Lanka Devalues Rupee, Plans Tax Cuts to Support Growth (Category: Breaking News)
Sri Lanka had been expecting its worst food crisis in Aughts this year.
- Rice Gift (Category: Business)
- Farming Revival (Category: Business)
- State Push (Category: Business)
- Agri Exports (Category: Business)
Wickremesinghe is on the spotlight for his performance after accepting Prime Minister post unconditionally.
- Samantha Power assures Ranil USAID support (Category: Breaking News)
- Sri Lanka won’t face hunger crisis, economic situation will get worse before it gets better: new... (Category: Breaking News)
- Sri Lanka to reach IMF staff level agreement, debt restructuring framework by end July: PM (Category: Breaking News)
- Sri Lanka PM writes to opposition leader, invites his party to join new government (Category: Breaking News)
Business tycoon and one of the most wealthiest people in Sri Lanka, Dhammika Perera, is tipped to enter Parliament. He is likely to replace former Finance Minister Basil Rajapaksa who is set to resign from his MP seat tomorrow. Dhammika Perera will enter Parliament through the National List of the Sri Lanka Podujana Peramuna (SLPP). […]
- Dhammika Perera gets BOI, Port City and Lotus Tower (Category: Breaking News)
- Dhammika Perera gets Rakna Arakshaka Lanka (Category: Breaking News)
- Dhammika Perera resigns (Category: Breaking News)
- China speaks to Dhammika on promoting Chinese projects (Category: Breaking News)
The measures include a surcharge for petrol users and sharp increase in revenue licence.
- Public transport in limbo due to fuel shortage (Category: Breaking News)
- Sri Lanka revises fuel prices; Petrol price reduce by Rs.20 (Category: Breaking News)
- No fuel to transport essentials to rural areas (Category: Breaking News)
- Govt to acquire up to 50 homes under transport plan (Category: Australia, Victoria)
The main index fell for the 10th session in the past 11 on economic and political instability worries.
- Sri Lanka stocks fall after fuel price hike (Category: Breaking News)
- Sri Lanka shares end at six-week close on concerns over fuel-shortage led closure (Category: Breaking News)
- Sri Lanka’s IOC unit reports Rs12.3 bn in Sept 2022 profits (Category: Breaking News)
- Sri Lanka stocks down on fuel price hike, CB chief’s worst growth comment (Category: Breaking News)
Prime Minister Ranil Wickremesinghe has warned that the next three weeks will be tough for Sri Lanka. Speaking in Parliament today, the Prime Minister said that the public must use fuel and gas as carefully as possible. He also said that unessential travel should be limited as much as possible. “Therefore, I urge all citizens […]
- PM warns Sri Lanka facing threat of hitting rock bottom (Category: Breaking News)
- An Exit Strategy From The Crisis: Agenda For Shared Revival Of Sri Lanka (Category: Breaking News)
- Government’s objective is to develop Sri Lanka as a thriving nation by 2048 (Category: Breaking News)
- Special Statement Delivered By President Ranil Wickremesinghe: Full Text (Category: Breaking News)
Foreign expatriates have stopped sending money through banking channels as black market gives them more rupees.
- Remittances from expat workers increase (Category: Breaking News)
- Expat SL workers send more money (Category: Breaking News)
- REMITTANCES BY MIGRANT WORKERS INCREASE (Category: Breaking News)
- USD 474.6 million received from expat SL workers in December (Category: Breaking News)
"We have to work hard from this point onwards to ensure the next harvest is a success."
- Sri Lankan Minister exposes details of a fertilizer scam (Category: Breaking News)
- Sri Lanka to enhance producing organic fertilizer from next year (Category: Breaking News)
- Sri Lanka government to provide massive assistance for tea and rubber cultivators (Category: Breaking News)
- Sri Lanka state firms to buy 230,000MT fertilizer for next season: Minister (Category: Breaking News)
“We know that farming families who cultivate paddy on small lands are in a very precarious position."
Crop shortfalls due to fertilizer and fuel shortages
- Sri Lanka state firms to buy 230,000MT fertilizer for next season: Minister (Category: Breaking News)
- Food Barrier (Category: Business)
- Sri Lanka farmers showing stronger than expected interest to grow maize: Minister (Category: Breaking News)
- Sri Lanka sees unexpectedly higher Yala rice cultivation: Minister (Category: Breaking News)
SLC expects a considerable collection from ticket sales
- App spending hit $400 million during socially isolated holiday season - CNET (Category: Technology)
- App spending hit $400 million during socially isolated holiday season - CNET (Category: Technology)
- App spending hit $400 million during socially isolated holiday season - CNET (Category: Technology)
- Computer gamers' brains 'differ' (Category: Technology)
Says guidance rate has reduced volatility
- Sri Lanka policy rate unchanged as market rates rise, money printing warnings (Category: Breaking News)
- Sri Lanka rates elevated amid failed float and DDR fears (Category: Breaking News)
- A Child’s Guide To Restrictions On Forex Forward Market (Category: Breaking News)
- Central Bank of Sri Lanka maintains policy interest rates unchanged (Category: Breaking News)
Private bus operations countrywide will be limited with effect from today (June 06) owing to the current fuel shortage, Lanka Private Bus Owners’ Association Chairman Gemunu Wijeratne said...Click on the headline to read the full story
[…]The post Sri Lanka’s Economic, Political & Human Crisis appeared first on Colombo Telegraph.
- The Bleak Future For Sri Lanka : 75 Years After Independence (Category: Breaking News)
- Sri Lanka: Typical Propaganda By A Corrupt Nefarious Regime! (Category: Breaking News)
- Ranil Wickremesinghe’s Sixth (Mis)adventure: An Indisputable Reason For The ‘Aragalaya’ To Stay ... (Category: Breaking News)
- High Time To Repeal The PTA & Release All Prisoners Held Under It (Category: Breaking News)
[…]The post RW’s Tax Hike Welcome But Much More To Be Done To Come Out Of The Crisis appeared first on Colombo Telegraph.
- How long will power cuts be? (Category: Breaking News)
- Sri Lanka revenue officers slam politicians, policy makers for tax cuts (Category: Breaking News)
- WB cuts China growth forecast to 8.2% (Category: Business)
- Child’s Guide To Ranilnomics: Actual Tax Payment Is Not What One Pays Today (Category: Breaking News)
Money printing creates forex and fuel shortages
- Government land policy is fair- Keheliya (Category: Breaking News)
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
[…]The post Elon Musk To Rescue Sri Lanka From IMF Debt Bondage? appeared first on Colombo Telegraph.
- The Paris Club, Dollar Debt Colonialism & Asia’s New “Donors”: Reforming The International Aid A... (Category: Breaking News)
- Masks Of Democracy & Energy Geopolitics: Is Full Spectrum Dominance The Endgame? (Category: Breaking News)
- ‘Make The Economy Scream’: Whither The Asian 21st Century? (Category: Breaking News)
- IMF, Sri Lanka’s Resource Curse & Privatization Of The Central Bank (Category: Breaking News)
Power cuts which had been reduced due to G.C.E. ordinary level examination resume again
- “There is no threat of a fuel shortage until June of next year,” – State Minister of Power and E... (Category: Breaking News)
- Power Expo (Category: Business)
- Seattle Solar Day shines spotlight on innovation (Category: USA, Washington)
- Sri Lanka hosts international exhibitions in power and energy sector (Category: Breaking News)
Sri Lanka's rice production has dropped by around 40 percent due to fertilizer ban.
- Government land policy is fair- Keheliya (Category: Breaking News)
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
Only a fraction of ITUKAMA fund has been used so far.
- Eastern Iowa McDonald's owner gives $25,000 for derecho recovery (Category: USA, Iowa)
- Empty Stocking Fund brings in more than double its goal (Category: USA, New Mexico)
- Eastern Iowa McDonald's owner gives $25,000 for derecho recovery (Category: USA, Iowa)
- Eastern Iowa McDonald's owner gives $25,000 for derecho recovery (Category: USA, Iowa)
Three-wheel drivers have been significantly affected by the fuel shortage, price hike
- එංගලන්ත පිතිකරුවෝ 400 කඩඉමට කිට්ටු කරති (Category: Sports)
- Nearly 400 arrested over recent mob violence (Category: Breaking News)
- Over 400 respond (Category: Breaking News)
- Video: HIRU THANIWELA EP 400 (Category: Video)
Sri Lanka is facing food shortage due to President Rajapaksa's fertilizer ban and dollar shortage
- Sri Lanka to import 50,000MT of rice under Indian credit line signed in March (Category: Breaking News)
- Sri Lanka to write off small-time farmers’ debt 100 percent (Category: Breaking News)
- Sri Lanka must rebuild agriculture sector immediately to prevent food shortages: PM (Category: Breaking News)
- Amid food shortage fears, Sri Lanka president orders to cultivate in underutilized plantation la... (Category: Breaking News)
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