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A former top FBI official in New York has been arrested over his ties to a Russian oligarch, law enforcement sources told ABC News Monday.The post Former top FBI official arrested while returning from Sri Lanka appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Former top FBI official arrested in U.S. while returning from Sri Lanka (Category: Breaking News)
- Former top FBI official arrested while returning from Sri Lanka (Category: Breaking News)
- Another former senior health official arrested over immunoglobulin scandal (Category: Breaking News)
- Sri Lanka to repatriate nationals trafficked into Russia-Ukraine war (Category: Breaking News)
Sri Lanka is confident of reaching a deal with all its international creditors and securing financial support from the International Monetary Fund (IMF). State Minister of Finance Shehan Semasinghe said that the public have placed their trust on support from the IMF as it would create a foundation in finding solutions for the economic crisis […]
- Japan looks at investment opportunities in Sri Lanka (Category: Breaking News)
- Young woman fond dead near Race Course Ground (Category: Breaking News)
- Royal – Thomian, Sydney 2024 (Category: Breaking News)
- Duty-free shops at BIA relocated (Category: Breaking News)
China’s Export-Import Bank of China (EXIM) has provided Sri Lanka with a debt extension, China’s Foreign Ministry said, confirming a Reuters report earlier this week. EXIM offered Sri Lanka a two-year moratorium on its debt and said it would support the country’s efforts to secure a $2.9 billion loan from the International Monetary Fund, according […]
- China proposes setting up radar base in Sri Lanka (Category: Breaking News)
- Sri Lanka having regular consultations with US on China (Category: Breaking News)
- Sri Lanka seen as China’s top option for naval base (Category: Breaking News)
- China pushes its interest after debt restructuring pledge to Sri Lanka (Category: Breaking News)
China s Export-Import Bank of China (EXIM) has provided Sri Lanka with a debt extension, China s foreign ministry said on Thursday, confirming a Reuters report earlier this week.
- Resource Conflict (Category: Business)
- China's female astronaut quandary (Category: Technology)
- Full Ahead (Category: Business)
- Brief analysis of Corrupt Public Expenditure in Sri Lanka (Category: Breaking News)
Former State Minister Nalaka Godahewa and two others, the accused in a case filed against the alleged misappropriation of state funds were acquitted and released by the Colombo High Court today (January 26).The post Nalaka Godahewa acquitted and released from fund misappropriation case appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Nalaka Godahewa two others acquitted in misappropriation case (Category: Breaking News)
- Godahewa acquitted in case on misappropriation of funds (Category: Breaking News)
- Basil Rajapaksa & 03 others acquitted and released (Category: Breaking News)
- Basil Rajapaksa & 03 others acquitted and released (Category: Breaking News)
Debt-ridden Sri Lanka on Wednesday (January 25) thanked India for issuing the necessary guarantees sought by the IMF that would help Colombo to unlock the USD 2.9 billion bailout package.The post Sri Lanka thanks India for giving assurances to IMF for USD 2.9 Billion bailout package appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Creditor cooperation a must for Sri Lanka’s IMF programme – Government (Category: Breaking News)
- IMF remains hopeful of Sri Lanka securing all financing assurances soon to unlock funding (Category: Breaking News)
- Jaishankar conveys India’s commitment to increase investment flows to Sri Lanka to hasten econom... (Category: Breaking News)
- IMF Executive Board considers Sri Lanka’s loan facility for approval today (March 20) (Category: Breaking News)
Parliamentarian Nalaka Godahewa was acquitted today in the case on the misappropriation of Rs. 5 million in state funds. Godahewa and two others were acquitted and released by the Colombo High Court when the case was heard today. They were accused of misappropriating Rs. 5 million belonging to the Securities Exchange Commission (SEC) by using […]
- Wimal Weerawansa acquitted in passport case (Category: Breaking News)
- Mahindananda acquitted in money laundering case (Category: Breaking News)
- Basil and Nadesan acquitted in Malwana property case (Category: Breaking News)
- Two accused over assassination of Jeyaraj Fernandopulle acquitted (Category: Breaking News)
While implementing complex programmes such as the International Monetary Fund (IMF), difficult decisions related to it should be implemented regardless of who is in power, Central Bank Governor Dr. Nandalal Weerasinghe said on Wednesday (January 25).The post IMF process should continue whoever is in power – Central Bank Governor appeared first on Sri Lanka News - Latest Breaking News in Sri ...
- Sri Lanka’s Central Bank Governor asks critics to provide alternatives (Category: Breaking News)
- Sri Lanka to introduce new central bank law, inflation target (Category: Breaking News)
- IMF to visit Sri Lanka in late August for staff-level agreement – Central Bank Governor (Category: Breaking News)
- Sri Lanka’s Central Bank Chief says Money printing has drastically reduced in 2022 (Category: Breaking News)
India is set to celebrate its 74th Republic Day today (26) with a colourful parade displaying military might and cultural diversity. The public holiday marks the anniversary of India officially adopting its constitution, making it a sovereign republic. Its highlight is a parade which is held in capital city Delhi and telecast live across the […]
- Man arrested after 4 July mass shooting in US (Category: Breaking News)
- Russia denies it plans to declare war on 9 May (Category: Breaking News)
- Cuba cancels May Day parade because of fuel shortages (Category: Breaking News)
- Queen pulls out of Platinum Jubilee service (Category: Breaking News)
Economics primarily drive politics and this principle applies to Sri Lanka’s relations with almost the entirety of the world’s regions. The fact that economic interdependence is compelling this country to break new ground in its ties with the Middle East bears this out fully. Over the decades, Sri Lanka has prioritized the need to sustain […]
- Teheran expects enhancement of bilateral ties in all fields (Category: Breaking News)
- Oman-Sri Lanka Relations As Seen By Diplomat O.L. Ameer Ajwad (Category: Breaking News)
- Iran, Sri Lanka stress enhancing banking, trade ties (Category: Breaking News)
By Hiran H. Senewiratne The Central Bank did not contract the economy by hiking interest rates, but prevented a further contraction and possible hyper- inflation by stabilizing the external sector with high rates, Central Bank Governor Dr. Nandalal Weerasinghe said. “The Central Bank by tightening monetary policy, minimized the damage that was going to happen […]
- CBSL to maintain ‘dovish monetary policy in view of economic stabilization’ (Category: Breaking News)
- Policy interest rates reduced to enable economy to reach its true potential – CBSL Governor (Category: Breaking News)
- CB reduces interest rates (Category: Breaking News)
- Encouraging inflation figures mean current interest rates can continue - CB Governor (Category: Breaking News)
By Sanath Nanayakkare Governor of the Central Bank Dr. Nandalal Weerasinghe said yesterday that the CBSL was not in any way connected to the matter of holding local government elections. Dr. Weerasinghe said so responding to a question from journalists as to how the Central Bank viewed the possibility of holding the local government elections […]
- People benefitting from CBSL governor s decisions- Sabry defends Dr. Weerasinghe (Category: Breaking News)
- Economic situation will worsen if political stability is not established soon  CBSL chief (Category: Breaking News)
- Talks between IMF and Sri Lanka kick off (Category: Breaking News)
- Second DDO possible if targets of current one not achieved  CBSL governor (Category: Breaking News)
Minister of Foreign Affairs Ali Sabry has discussed prospects for enhancing cooperation between the Organisation of Islamic Cooperation (OIC) and Sri Lanka.
[…]The post Will India Be The Game Changer For RW? appeared first on Colombo Telegraph.
- IMF Economics & 13A Politics: Recipe For Unrest (Category: Breaking News)
- Connectivity Or Captivity? (Category: Breaking News)
- Celebrating Independence Or Inaugurating Dependence? (Category: Breaking News)
- Systemic Drain (Category: Breaking News)
Any government which was detached from people's true aspirations cannot bring in economic recovery through measures such as imposing taxes, National People Power (NPP) leader Anura Kumara Dissanayake said yesterday.The post Government detached from people’s aspirations cannot bring in economic recovery – Anura appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLAN...
- Obstructing Elections is a Punishable Offence – Anura warns Treasury Secretary (Category: Breaking News)
- British High Commissioner meets NPP Leader (Category: Breaking News)
- Janatha Vimukthi Peramuna demands an early Election (Category: Breaking News)
- JVP Leader Anura Kumara meets India’s Foreign Minister S.Jaishankar in Delhi (Category: Breaking News)
Sri Lanka’s gross official reserves stood at an estimated US dollars 1.9 billion by the end of 2022, the Central Bank of Sri Lanka said today. The bank said that the gradual improvement in workers’ remittances, together with the revitalisation of tourism, helped improve the external current account balance in recent months while easing excessive […]
- Sri Lankan residents permitted to have maximum of USD 10,000 (Category: Breaking News)
- President holds talks with diplomats on debt restructuring (Category: Breaking News)
- US$333 million to be released to Sri Lanka immediately (Category: Breaking News)
- Sri Lanka’s liquid reserves continues to remain significantly low (Category: Breaking News)
By R. R. M. Lilani Even though Sri Lankan politics claim to be nonaligned, supportive of all countries, and prioritize Buddhism, on January 11, 2023, a number of Chinese diplomats and their Chargé d’affaires Hu Wei hurried to the Malwathu Chapter in Kandy and warned the high prelates not to host the Dalai Lama because […]
- Dalai Lama not planning to visit Sri Lanka for now: Tibetan official (Category: Breaking News)
- Crowds flow from different parts of the world for His Holiness the Dalai Lama’s visit to Bodhgaya (Category: Breaking News)
- China’s wicked diplomatic maneuvers exposed (Category: Breaking News)
- Sri Lankan University organises symposium on 88th birthday of Tibetan spiritual leader Dalai Lama (Category: Breaking News)
The US House of Representatives on Thursday passed a resolution banning the sale of oil from the United States’ Strategic Petroleum Reserve (SPR) to China as the stockpile reaches historic lows. The House passed the Protecting America’s Strategic Petroleum Reserve from China Act along bipartisan lines in a vote of 331-97, The Hill newspaper reported. […]
- Brent crude dips under $ 114, focus shifts to China (Category: Business)
- US study tracks huge state role in China economy (Category: Business)
- White House still can’t say where COVID-19 vaccine supply stands (Category: USA, New York)
- White House still can’t say where COVID-19 vaccine supply stands (Category: USA, New York)
by Rohana R. Wasala First of all, let me express my sincere respects to Mr. D. L. Sirimanne, the writer of the interesting article entitled ‘Celebrating 75th Anniversary of Independence’ (The Island/Opinion/January 18, 2023). He struck me as a venerable old man, who, at 103 years of age, still thinks about the welfare of his fellow Sri […]
- Celebrating 75th Anniversary of Independence (Category: Breaking News)
- Is There A Basis For The Sinhalese To Insist On A Unitary Constitution? (Category: Breaking News)
- Lanka seeks Indian tips on language gap: Report (Category: Breaking News)
- When I Come Out With The Truth, You Say I Am Hurting The Sinhala-Buddhists (Category: Breaking News)
By S.K. Kaluarachchi Saman Ekanayake, Secretry to the Persident, yesterday instructed a committee appointed to investigate problems caused by a hydropower project to white water rafting to make recommendations on possible solutions Those involved in the sport around the Kitulgala area are facing issues due to the Broadlands hydropower project. The President’s Secretary issued these […]
- Committee to look into issues regarding white water rafting in Kitulgala (Category: Breaking News)
- A committee to probe into issues in Kithulgala white water rafting due to Broadlands hydropower ... (Category: Breaking News)
- Inadequate excess water in reservoirs to generate hydropower  Mahaweli Authority (Category: Breaking News)
- Our river of dreams (Category: Australia, Tasmania )
By Saman Indrajith Interest rates could be relaxed with a cash infusion via the IMF, the Central Bank officials, including Governor Dr. Nandalal Weerasinghe, told the Committee on Public Finance (CoPF) recently. Dr. Weerasinghe said high interest rates had been adopted to limit growth to prevent the need for greater foreign exchange given the dwindling […]
- IMF defends Central Bank s decision to raise policy rates (Category: Breaking News)
- Harsha hints at Chinese hurdle in debt relief talks (Category: Breaking News)
- IMF urges Sri Lanka to tighten monetary policy, raise tax to address debt woes (Category: Breaking News)
- Global economic outlook slightly less gloomy than expected, IMF says (Category: Breaking News)
As a result of sheer negligence, Sri Lanka has ended up being categorized as a perpetrator of war crimes, and those who had fought for the country are mercilessly targeted. There cannot be a better example than Air Marshal Sumangala Dias who suffered due to Sri Lanka’s failure. Canada refused to accept Dias as Sri […]
- Lanka warned of Extraterritorial jurisdiction (Category: Breaking News)
- Geneva challenge: Sabry needs to review ‘case’ anew (Category: Breaking News)
- Sri Lanka’s foreign policy dilemma (Category: Breaking News)
- Post-war deceptions (Category: Breaking News)
According to an article published by Daily Mirror, in 2020 alone, Sri Lanka has exported about 326 tons of sea urchins with China being the biggest buyer.[i] Going back as far as 2016, a sea leech hatchery was established by a Chinese joint venture company ‘Gui Lan (Pvt) Ltd’ centered on the northern peninsula to […]
- How the Chinese are destroying Sri Lankan fishing community (Category: Breaking News)
- Sea Cucumber Farming in Sri Lanka: A Threat to Local Fishermen? (Category: Breaking News)
- Sea cucumber projects: Chinese investments in expanding farms have cost fishermen their liveliho... (Category: Breaking News)
- Forlorn Paruthitivu Yields The Secrets Of The Illegal Chinese-EPDP Dollar-Making Nexus (Category: Breaking News)
The Central Bank informed a Parliament committee that it is confident the first tranche of the financial assistance from the International Monetary Fund (IMF) will be received during the 1st quarter of 2023. The Committee on Public Finance (CoPF) chaired by (Dr.) Harsha De Silva stressed that the committee will stand by the reforms proposed […]
- World Bank and IMF discuss Sri Lanka’s reform agenda (Category: Breaking News)
- IMF chief seeks timely resolution of Sri Lanka’s debt restructuring (Category: Breaking News)
- Significant progress made with Sri Lanka’s creditors (Category: Breaking News)
- Chinese Vice Minister calls on Mahinda Rajapaksa (Category: Breaking News)
The Kingdom of Saudi Arabia has assured to facilitate employment opportunities for 200,000 Sri Lankan migrant workers in 2023, Minister of Labour and Foreign Employment Manusha Nanayakkara stated.
The Export-Import Bank of China has offered Sri Lanka a two-year moratorium on its debt and said it will support the country’s efforts to secure a $2.9 billion loan from the International Monetary Fund, according to a letter reviewed by Reuters. India wrote to the IMF earlier this month, saying it would commit to supporting […]
- Sri Lanka receives financial assurance letter from China (Category: Breaking News)
- Letter To Tiran (Category: Breaking News)
- China asked to share copies of letter on Sri Lanka debt restructuring (Category: Breaking News)
- An Open Letter & Appeal To The IMF (Category: Breaking News)
Sri Lanka is committed to meeting all its debt repayments and is hoping to complete debt restructuring negotiations in the next six months, the country’s central bank chief P. Nandalal Weerasinghe said. “There has been good progress this month with India already pledging financing assurances. We expect assurances from China and Japan soon,” Weerasinghe said […]
- JICA will not fund projects in Sri Lanka until debt restructured (Category: Breaking News)
- India seeks close coordination between Sri Lanka and all creditors (Category: Breaking News)
- S&P lowers Sri Lanka’s sovereign rating to Select Default grade (Category: Breaking News)
- Sri Lanka’s debt repayments to be suspended until 2028 (Category: Breaking News)
The Export-Import Bank of China has offered Sri Lanka a two-year moratorium on its debt and said it will support the country’s efforts to secure a $2.9 billion loan from the International Monetary Fund, according to a letter reviewed by Reuters.The post China’s EXIM bank offers Sri Lanka debt extension – report appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLA...
- China says Exim Bank and Sri Lanka reached preliminary debt deal (Category: Breaking News)
- Sri Lanka says it has deal with China EXIM bank covering $4.2 billion of debt (Category: Breaking News)
- China s EXIM bank gives Sri Lanka debt extension (Category: Breaking News)
- Sri Lanka says China Exim Bank agreed in principle to restructure $4.2bn of debt (Category: Breaking News)
Sri Lanka is looking for ways to boost bilateral relations with the Kingdom of Saudi Arabia through connectivity, investments and employment opportunities, Minister of Foreign Affairs Ali Sabry told a leading Middle Eastern newspaper.
The Sri Lanka Bureau of Foreign Employment (SLBFE) contributed a sum of Rs. 03 billion to the Treasury. Labour and Foreign Employment Minister Manusha Nanayakkara officially handed over the cheque to President Ranil Wickremesinghe at the Presidential Secretariat yesterday (23).
- Jobs in Korea (Category: Breaking News)
- Dilan in Malaysia to promote Lankan workers (Category: Breaking News)
- Sri Lanka suspends deals with 609 foreign employment agencies (Category: Breaking News)
- Sri Lankan government to rate foreign employment agencies from next year (Category: Breaking News)
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