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Sri Lanka is preparing to issue two-year oil and gas exploration licenses for as many as 900 offshore blocks for foreign firms to scout for energy resources and bring in vital investments to the crisis-hit country, a top official told Reuters on Thursday.The post Sri Lanka finalises oil exploration rules, earmarks 900 offshore blocks appeared first on Sri Lanka News - Latest Breaking News in Sri L...
By Rathindra Kuruwita Sanctions imposed by Canada on four Sri Lankans including Mahinda and Gotabaya Rajapaksa, will have a ripple effect with other countries undertaking similar measures based on their domestic laws, Gary Anandasangaree, Member of the House of Commons of Canada says. Anandasangaree told The Island that Sri Lanka was a place where impunity […]
By Uditha Devapriya Mahagama Sekara died on January 14, 1976. On January 15, 2023, at 6.30 pm, Bandula Nanayakkarawasam will be presenting the latest “Rae Ira Pana” show at the New-Fangled Auditorium of Holy Cross College, Gampaha. Featuring Sunil Edirisinghe, Uresha Ravihari, Shashika Nisansala, Rohana Siriwardena, Raveen Kanishka, and Sarath de Alwis, it will be […]
By Dr. C. S. Weeraratna (csweera@sltnet.lk) Sri Lanka is facing an unprecedented crisis mainly due to economic mismanagement and corruption in the various development sectors. During the last few weeks, at various discussions related to the country’s economy, the need to take effective action on the present economic situation in the country has been highlighted. […]
Sri Lanka: Crisis of Rights, Accountability (Jakarta, January 12, 2023) – The change of presidents of Sri Lanka in 2022 did not lead to any improvement in the country’s human rights record, Human Rights Watch said on Wednesday in its World Report 2023. During 2022, thousands of Sri Lankans took to the streets after years […]
Might affect IMF aid Samurdhi officials’ refusal to collect data to prepare a social welfare register to enhance transparency of government welfare programmes has caused many issues.This was revealed when the Extraordinary Gazette No. 2302/23, published under the Welfare Benefits Act No. 24 of 2002, was taken into consideration before the Committee on Public Finance […]
By a Special Correspondent The ulterior motives of China’s geopolitical and diplomatic moves in relation to Sri Lanka over the years now seems to be exposed to the world in the light of the fact that the Chinese Ambassador in Colombo has hastily announced a decision to meet with the Maha Nayaka Theros of both […]
The Bangladesh Bank has extended the repayment period of the $200 million loan to Sri Lanka by six months until September this year amid the recovery of the South Asian country from its devastating economic crisis. The central bank made the decision at its board meeting on Thursday, a senior official, wishing to remain unnamed, […]
Sri Lanka is yet to receive financial assurances from its bi-lateral creditors, State Minister of Finance Shehan Semasinghe said. As a result, he said Sri Lanka has not yet been able to secure approval for a bailout package from the International Monetary Fund (IMF) Executive Board. “But we are confident of securing the approvals. However […]
[…]The post Change Of Presidents Did Not Lead To Any Improvement In Human Rights: HRW appeared first on Colombo Telegraph.
The Government is to announce a new reformist program for the next 25 years, during the 75th National Independence Day on 4th February. During this celebrations to be held under the theme “Namo Namo Matha – A Step towards a Century”, the Government will announce its new reformist course for the next 25 years for […]
Indian Foreign Minister S. Jaishankar is expected in Sri Lanka next week, President Ranil Wickremesinghe said. The visit comes as both India and Sri Lanka are involved in debt restructuring talks. The International Monetary Fund (IMF) wants Sri Lanka to restructure its debt in order to release $ 2.5 billion in financial assistance. Wickremesinghe said […]
The Exim Bank of China and the Sri Lankan Government had talks on Sri Lanka’s debt crisis. The discussion took place between Wu Fulin, Chairman of the Export-Import Bank of China and President Ranil Wickremesinghe. “Wu Fulin, Chairman of the Export-Import Bank of China, held a fruitful video conference with Ranil Wickremesinghe, President and Minister […]
President Ranil Wickremesinghe has responded to calls for reform and accountability with repression, Human Rights Watch said today following the release of its World Report 2023. The change of presidents of Sri Lanka in 2022 did not lead to any improvement in the country’s human rights record, Human Rights Watch said in the report. During 2022, […]
[…]The post Sri Lanka’s Errant Officials Slapped With The Highest Ever Compensations In 2019 Easter Attack Case appeared first on Colombo Telegraph.
The International Monetary Fund (IMF) board approval for Sri Lanka s Extended Fund Facility (EFF) is now expected in the second quarter of 2023, Standard Chartered s Global Research report revealed.
Australia s men s team has withdrawn from their one-day international (ODI) series against Afghanistan due to be played in the United Arab Emirates (UAE) in March this year.
The Central Bank of Sri Lanka (CBSL) bank has urged China and India to agree a write-down of their loans as soon as possible.The post Central Bank Governor urges China and India to reduce Sri Lanka’s debts soon appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Sri Lanka’s central bank has urged China and India to agree a write-down of their loans as soon as possible. The crisis-hit Indian Ocean state defaulted on its debt repayments and negotiated a $2.9bn (£2.4bn) bailout. But the International Monetary Fund will not release the cash until China and India first agree to reduce Sri […]
By Eng Parakrama Jayasinghe parajayasinghe@gmail.com Sri Lankans have not forgotten the advice given by one of our former Presidents: “Citizens should look after their own security.” It appears that the Electricity Consumers are now faced with this choice given the upheavals and shocks received in recent times, with the sword of Damocles of a further […]
Thursday 12th January, 2023 A failed regime that fears elections and tries to sabotage them is a danger to a democratic society. There is hardly anything that such a dispensation does not do to cling on to power. The incumbent SLPP-UNP administration is all out to delay the local government (LG) polls in a bid […]
A delegation led by the Japanese State Minister of the Cabinet Office, Satoshi Fujimaru, is in Sri Lanka to look at the investment opportunities available in the country. President Ranil Wickremesinghe met the Japanese State Minister at the Presidential Secretariat today. The State Minister was accompanied by a Japanese business delegation. Discussions focussed on the […]
Sri Lanka’s output is estimated to have fallen by 9.2 percent in 2022 as the government ran out of the foreign exchange needed to cover food and fuel imports while the rupee plummeted and imports contracted sharply, and to service external debt, the World Bank says.The post Sri Lanka’s output expected to contract again in 2023 – World Bank appeared first on Sri Lanka News - Latest Brea...
Courtyard by Marriott, part of Marriott Bonvoy’s extraordinary portfolio of 30 brands, announced the opening of Courtyard by Marriott Colombo, making it the first Courtyard to open in Sri Lanka. Located at the heart of the city’s central business district adjacent to the Colombo City Centre Mall, Courtyard by Marriott Colombo is set to offer […]
Why did former President Sirisena vacate the Paget Road residence, having made it part of his ‘deal’ with the UNP? A three-judge bench of the Supreme Court, comprising Justices Priyantha Jayawardena, Gamini Amarasekara, and Kumuduni Wickremasinghe, having examined the arguments put forward by both the petitioner and respondent parties, issued an interim order on March […]
… finds it difficult to conduct basic functions – Cabinet Spokesman By Rathindra Kuruwita The International Monetary Fund and other lending bodies had asked Sri Lanka not to print more money, and thus the government was finding it impossible to conduct the most basic functions, Cabinet Spokesman Minister Bandula Gunawardane said on Tuesday during the […]
Virat Kohli smashed a brilliant attacking century to set up a convincing 67-run win for India in the opening one-day international against Sri Lanka on Tuesday. Kohli hammered 113 off 87 balls to drive India to 373-7 after they were invited to bat first at the start of the three-match series in Guwahati. Skipper Rohit […]
The Sri Lanka Telecom PLC Annual Report 2021 secured a prestigious Gold accolade at the awards ceremony hosted by the South Asian Federation of Accountant (SAFA) to recognise the Best Presented Annual Reports Awards, Integrated Reporting Awards, and SAARC Anniversary Awards for Corporate Governance Disclosures 2021. The Report won Gold under the ‘Communication and Information […]
St. Joseph’s College, Darley Road emerged Under 18 ‘A’ Division Champions as they beat Gateway International 63-53 in the finals of the Sri Lanka Schools Basketball Tournament concluded at the Nalanda College premises on Sunday. While Methika Jayasinghe won the Most Valuable player award, Abhaya Gajamange was adjudged the beat offensive player. On their way to […]
Shesha Umaya Rathnayake of Lyceum International School, Wattala won the Under 15 girls’ long jump with a feat of 5.31 metres to be adjudged the best long jumper at the recently held Sir John Tarbat Junior Athletics Championships. She was also the winner of the 100 metres in her age category and settled for the […]