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Leading Sri Lankan Political party, National People's Power (NPP) has issued its official message for May Day.The post May Day Message of the National People’s Power appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
- JVP’s message for International Workers’ Day 2023 (Category: Breaking News)
- May Day message of the JVP (Category: Breaking News)
- May Day message of the JVP (Category: Breaking News)
- Instead of seeking National reconciliation Rajapaksa regime is sytematically dismantling Tamil N... (Category: Breaking News)
Sri Lankan President Ranil Wickremesinghe urged political parties to collaborate with the government in safeguarding the country’s economic stability by ensuring the success of the agreement with the International Monetary Fund (IMF).The post Sri Lanka President urges unity to safeguard economic stability amid IMF deal appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka...
- Prez asks Opp. to cooperate (Category: Breaking News)
- Sri Lanka President says Let 2048 be the year of development for Sri Lanka (Category: Breaking News)
- President to intensify focus on national unity, youth aspirations (Category: Breaking News)
- Sri Lanka President says proposals set forth by parties to form all-party Government will be sha... (Category: Breaking News)
President Ranil Wickremesinghe insisted that he is not a dictator and that he has taken steps to protect democracy. Speaking at the United National Party (UNP) May Day rally in Colombo, Wickremesinghe said that he has allowed all the political parties to stage May Day rallies across the country. He said that such freedom was […]
- Wanindu Hasaranga becomes no.1 T20I all-rounder (Category: Breaking News)
- Top US official to visit Sri Lanka (Category: Breaking News)
- Preliminary work to bring Starlink to Sri Lanka completed (Category: Breaking News)
- NIA arrests wanted accused in espionage case involving Sri Lankan (Category: Breaking News)
We are celebrating the 138th International Workers' Day on the historical records written with blood, sweat, efforts and sacrifices of the working people.This time we are celebrating it at a critical moment when an unprecedented economic crisis in our history has created many challenges within the workplace.However, in the face of any agreement, we do not ignore the labour rights. We decide on the...
- Facebook group raises more than $1,500 to tip entire restaurant staff (Category: USA, Iowa)
- Facebook group raises more than $1,500 to tip entire restaurant staff (Category: USA, Nebraska)
- Facebook group raises more than $1,500 to tip entire restaurant staff (Category: USA, Maryland)
- Facebook group raises more than $1,500 to tip entire restaurant staff (Category: USA, New Hampshire)
The International Monetary Fund (IMF) wants Sri Lanka to work on governance issues and to also stick to the IMF supported program. Krishna Srinivasan, IMF Director of the Asia and Pacific Department noted that Sri Lankans faced a very difficult challenge when they embarked on the IMF program. “And so far, what we’ve seen is […]
- IMF does not support providing subsidies to everyone in Sri Lanka (Category: Breaking News)
- IMF confident Sri Lanka can be put on the path to prosperity (Category: Breaking News)
- Sri Lanka can be on path to prosperity if debt sustainability achieved – IMF (Category: Breaking News)
- D-day for Sri Lanka as IMF Executive Board meets to decide on EFF (Category: Breaking News)
Wednesday 1st May, 2024 Another International Workers’ Day has dawned. Grand preparations have been made in this country to celebrate it amidst an unprecedented economic crisis. These celebrations, however, have little or nothing to do with workers; they have apparently everything to do with political parties and their leaders. The next presidential election is only […]
- Unions in govt.’s crosshairs (Category: Breaking News)
- Of that play sans protagonist (Category: Breaking News)
- President invites leaders of political parties to work together in May Day message (Category: Breaking News)
- May Day rallies across Sri Lanka tomorrow; Special notice from Police to organizers (Category: Breaking News)
SIPRI Report Reveals India’s Surge in Military Spending, Self-Reliance Drive Amidst Escalating Geopolitical Tensions The latest report by the Stockholm International Peace Research Institute (SIPRI) paints a picture of India’s burgeoning military prowess, showcasing a significant climb in global rankings. With a military expenditure totaling $83.6 billion in 2023, India secured the fou...
- India’s Resolve: Securing Borders and Bolstering Economies Amidst Rising Chinese Tensions (Category: Breaking News)
- India’s Acquisition of Hambantota Port: A Strategic move to strengthen its maritime capabilities (Category: Breaking News)
- Strengthening Bilateral Ties and Ensuring Maritime Security: India’s Strategic Response (Category: Breaking News)
- INDIA’S GLOBAL ROLE: Insights from Munich Security Meet 2024 (Category: Breaking News)
By Khalid Hamoud Alkahtani The Kingdom of Saudi Arabia is hosting the first-ever special meeting of the World Economic Forum in the capital, Riyadh, which will discuss many important issues such as international cooperation, growth, and energy during the period 28th -29th April 2024. This event is one of the outcomes of the cooperation agreement […]
- Foreign Minister to attend special meeting of World Economic Forum in Riyadh (Category: Breaking News)
- Sri Lanka’s Foreign Minister to attend Riyadh meeting (Category: Breaking News)
- India-Saudi ties promise shared growth, security, stability, says Jaishankar (Category: Breaking News)
- Sri Lanka & Saudi sign MOU for cooperation in promoting direct investment (Category: Breaking News)
The Annual Economic Review and Financial Statements and Operations of the Central Bank for the Year 2023 points out that backtracking from the implemented and planned critical reforms will tip the economy to a state of instability. Thus, continuing with the broader political and social consensus
- World Bank commends Sri Lanka s progress on fiscal, financial and economic governance reforms (Category: Breaking News)
- President reveals govt s action plan for socio-economic reforms and accelerated development (Category: Breaking News)
- Govt ready to make ongoing economic reforms a law  State Minister tells IMF (Category: Breaking News)
- Sri Lanka needs strong new economic system, not reforms - President (Category: Breaking News)
[…]The post Foreign Debt Restructuring: Too Late & Too Short To Get Out Of The Debt Trap appeared first on Colombo Telegraph.
- Child’s Guide To Debt Restructuring: Not A Cakewalk But A Task Entailing Hard Work (Category: Breaking News)
- Child’s Guide To Ranilnomics: Proposed Debt Restructuring Will Pose More Issues Than Answers (Category: Breaking News)
- Has The Economy Been Assassinated & If So, Who Were The Assassins? (Category: Breaking News)
- Bankrupt Sri Lanka Celebrated Independence, But Now It Is Back To Hard Economic Realities (Category: Breaking News)
[…]The post From Absurdities To Atrocities, Again? appeared first on Colombo Telegraph.
- Still On The Rotten Bridge (Category: Breaking News)
- Taxing Times (Category: Breaking News)
- Shades Of An Undead Past (Category: Breaking News)
- Still, The Mirage (Category: Breaking News)
-oriented economy based on market economy. The President underscored the importance […]
- Sri Lanka to hold Foreign Office Consultations with Kazakhstan (Category: Breaking News)
- President appeals to public not to back another ‘Aragalaya’ (Category: Breaking News)
- Preliminary work to bring Starlink to Sri Lanka completed (Category: Breaking News)
- World Bank calls for increased transparency in Sri Lanka (Category: Breaking News)
[…]The post American Chaos, Modi’s Heatwave & Ranil As Common Government Candidate appeared first on Colombo Telegraph.
- Destination Delhi: Roving President’s Next Port Of Call (Category: Breaking News)
- India’s Election Timetable & Sri Lanka’s Deadlock Elections (Category: Breaking News)
- Western Discontents, Modi’s New India, And Sri Lankan Anniversaries (Category: Breaking News)
- Iran-Israeli Tit For Tat, India’s Vote Marathon & Lanka’s Long Election Eve (Category: Breaking News)
Reuters says that Sri Lanka has decided to transfer management of its $209 million Chinese-funded airport to two companies from India and Russia, according to a statement from the cabinet on Friday.The post Sri Lanka turns to Indian and Russian companies to manage Chinese-funded Airport appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- 03/12/2010 14:45 INDIA – CHINA – SRI LANKA Chinese aid to Sri Lanka could lead to conflict (AsiaNe (Category: Breaking News)
- Sri Lanka: Chinese companies begin road extension work in Jaffna (Category: Breaking News)
- Rock slows Sri Lanka port project (Category: Breaking News)
- Sri Lanka pins hopes on China-funded port (Category: Breaking News)
A Chinese Communist Party delegation including the Deputy Minister of the Department of the International Affairs of the Chinese Communist Party had talks with National Peoples’ Power (NPP) leader Anura Kumara Dissanayake. The Chinese delegation consisted of Sun Haiyan, Deputy Minister of the Department of International Affairs of the Communist Party of China and member […]
- Chinese Communist Party delegation meets Anura Kumara (Category: Breaking News)
- NPP says world has changed and so has it (Category: Breaking News)
- Anura insists visit to India will not change party policy (Category: Breaking News)
- IMF tells NPP it was unaware of all-party meeting (Category: Breaking News)
[…]The post Justice Does Not Require A Mandate But A New Government appeared first on Colombo Telegraph.
- A Warning To Be Heeded (Category: Breaking News)
- Accountability Issues & Human Rights Cannot Be Glossed Over (Category: Breaking News)
- Time For Truth Come Out (Category: Breaking News)
- Government Needs To Commit To More Than Commissions (Category: Breaking News)
[…]The post Palestine & Ukraine: Two More Nails In Imperialism’s Coffin? – Part II appeared first on Colombo Telegraph.
- Palestine & Ukraine: Two More Nails In Imperialism’s Coffin? – Part III (Category: Breaking News)
- Palestine & Ukraine: Two More Nails In Imperialism’s Coffin? (Category: Breaking News)
- War On China? – V: A “Carnival” Of Quads (Category: Breaking News)
- Vladimir Putin, Xi Jinping & Joe Biden (Category: Breaking News)
[…]The post Debt, Divestiture & Discontent appeared first on Colombo Telegraph.
- RW’s Plea In Paris & Predicament At Home (Category: Breaking News)
- Anti-Terrorism Act To Prevent System Change (Category: Breaking News)
- Glocalization Without Financialization (Category: Breaking News)
- Restructuring The Economy: A Stock Take (Category: Breaking News)
ECONOMYNEXT –The government is expecting to conclude all the transactions related to divestiture of State-Owned Enterprises (SOE) by August this year under an ambitious reform process, the government-led State-Owned Enterprises Restructuring Unit (SOERU) said. However, the divestiture of loss-making Srilankan Airlines is likely to be concluded by September, it said. The SOERU has already called [&...
- Experimenting with State-Owned Enterprises (Category: Breaking News)
- UL attempt to recruit foreign pilots flops due to low pay, high taxes – Dayasiri (Category: Breaking News)
- State need not do business, says Ranil, seven SOEs to be divested (Category: Breaking News)
- FSP accuses President of taking country on 1977 path to disaster (Category: Breaking News)
Having hit a roadblock with international bondholders, uncertainty looms over the economy of crisis-hit Sri Lanka and an upcoming review by the International Monetary Fund (IMF), experts warn.
As a collective body of exporters, we have been at the forefront of sustaining employment and ensuring a steady flow of foreign exchange, even amidst the most severe economic downturns faced by our nation. Our membership covers the majority of merchandise exports, which account for some 13% of Sri Lanka’s GDP. Today, we stand united […]
- ‘Recognizing, Inspiring and Strengthening’ SL’s exporters (Category: Breaking News)
- Brandix excels at export awards (Category: Breaking News)
- Dollars and conscience (Category: Breaking News)
- Why record export earnings may not be good news (Category: Breaking News)
In a recent televised interview, Nishan de Mel, the Executive Director of Verité Research, stated that holders of Sri Lanka’s International Sovereign Bonds (ISBs) have expressed concerns about specific aspects of the debt sustainability analysis conducted by the country alongside the IMF. This disagreement is one of the key hurdles in reaching an accord with […]
- Lanka gets restructuring proposal from bond holders (Category: Breaking News)
- SL will engage major T-bond holders for voluntary optimization: Governor (Category: Breaking News)
- Initial restricted discussions between SL and members of ad hoc group of bondholders concluded (Category: Breaking News)
- Abandon the battle for power, President tells parliament (Category: Breaking News)
The Samagi Jana Balawegaya (SJB) has urged the government to maintain transparency in the ongoing debt restructuring process as national elections are around the corner and that the next government will have to honour the conditions agreed upon by the incumbent administration. The SJB said so soon after the government of Sri Lanka rejected international […]
- Harsha accuses govt. of being secretive about debt negotiations with international commercial cr... (Category: Breaking News)
- Harsha hints at Chinese hurdle in debt relief talks (Category: Breaking News)
- Sajith tells President to get facts right (Category: Breaking News)
- Kiriella: Rule of law should be restored for investors to come (Category: Breaking News)
A year after India overtook China to become the world’s most populous country, its rapid upward economic trajectory and increasing diplomatic, scientific and military weight make it an emerging superpower of ever-growing importance to the United States and the world. Indian Prime Minister Narendra Modi addressed Newsweek’s written questions and followed up with a 90-minute […]
- India’s commitment to climate change an example to the world! (Category: Breaking News)
- Navigating India’s Future: A Deep Dive into Modi’s Governance (Category: Breaking News)
- Ceylon Chamber identifies opportunities in Brazil during FIFA 2014 and Olympics 2016 (Category: Business)
- India’s software, services sector to grow to $ 105 b by 2014 (Category: Business)
Sri Lanka informed the G-24 Finance Ministers and Central Bank Governors that the country’s economy has now stabilised. State Minister of Finance Shehan Semasinghe told the delegates during the IMF/WB Spring meetings in Washington that the growth momentum in Sri Lanka has commenced. “
- IMF and Sri Lanka discuss next steps to finalize 2nd Review (Category: Breaking News)
- Thai Airways resumes daily flights to Colombo (Category: Breaking News)
- Weerasena Gamage takes oaths as an MP (Category: Breaking News)
- Indigo commences direct flights between Mumbai-Colombo (Category: Breaking News)
Reuters reports that Sri Lanka has turned down a restructuring plan proposed by international bondholders to address its $12 billion debt, thereby endangering crucial International Monetary Fund (IMF) aid and further delaying the resolution of its ongoing two-year debt crisis.The post Sri Lanka debt restructuring stumbles as government rejects bondholders’ proposal appeared first on ONLANKA ...
- Sri Lanka confident of meeting conditions for IMF funding soon – report (Category: Breaking News)
- Global investors and Sri Lanka officials set for second round of Bond Restructuring talks (Category: Breaking News)
- Sri Lanka bondholders ready for debt restructuring talks with authorities (Category: Breaking News)
- IMF ready to support Sri Lanka’s discussions with bondholders (Category: Breaking News)
President Ranil Wickremesinghe assured solutions to plantation workers during a walk along the Pekoe Trail in Nuwara Eliya. The “Pekoe Trail” spans 300+ km through the Central Highlands of Sri Lanka, regarded as one of Asia’s best-kept secret routes. Originating from the renowned city of Kandy, it extends south towards the Hatton and Horton Plains […]
- No final decision on Rs. 1700 daily wage (Category: Breaking News)
- Sri Lanka to hold Foreign Office Consultations with Kazakhstan (Category: Breaking News)
- Plantation workers stage protest demanding Rs. 1700 wage (Category: Breaking News)
- SLFP warring parties meet at Sirimavo’s birth anniversary event (Category: Breaking News)
[…]The post Nettles Needing To Be Grasped By Future Leaders Of Sri Lanka appeared first on Colombo Telegraph.
- Conundrum Of Elections & IMF Programme (Category: Breaking News)
- Consolidating Economic Recovery Needs No Referendum (Category: Breaking News)
- Legitimacy Deficit Haunts Government (Category: Breaking News)
- Regular Elections Are The Foundation Of Democratic Society (Category: Breaking News)
[…]The post Debate Over Profits Of Banks: Who Shares Them Ultimately? – Part II appeared first on Colombo Telegraph.
- Debate Over Profits Of Banks: Who Shares Them Ultimately? (Category: Breaking News)
- Lending In A Recession: Banks Should Do Venture Capital Financing For Startups (Category: Breaking News)
- The Misunderstood Taxation Of EPF & Other Superannuation Funds (Category: Breaking News)
- Suspension Of Parate Execution Won’t Do; Establish Bad Bank To Resolve Issue Permanently: Dr. An... (Category: Breaking News)
Coca-Cola has announced Kaushali Kusumapala’s appointment as the new Country Director for Sri Lanka and Maldives, effective from 1st April 2024. Making history as the first Sri Lankan woman in this position, Kaushali succeeds former Country Director, Pankaj Sinha, who assumed the role in 2019. In this position, Kaushali will closely collaborate with bottling teams, […]
- Coca-Cola’s Christmas Spirit – Your Festive Sip Comes with Gifts! (Category: Breaking News)
- Leading beverage company introduces returnable glass bottles in Sri Lanka (Category: Breaking News)
- The Coca-Cola Foundation and Sri Lanka Red Cross Society come together to uplift over 1,800 wast... (Category: Breaking News)
- Coca-Cola and the art of embracing local flavors: A journey through Sri Lankan cuisine (Category: Breaking News)
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