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[An article based on the Keynote Address delivered by Dr. P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, recently at the Annual Research Symposium 2023 of the University of Colombo] Introduction Inflation affects every aspect of our lives; it is a force that shapes our purchasing power, influences our financial decisions, and […]
- Nexus between money, exchange rate, money printing and inflation (Category: Breaking News)
- ‘SL’s inflation reduced to single digit levels in 2023 along with restoration of price stability’ (Category: Breaking News)
- High interest rates have prevented contraction of economy – CBSL Governor (Category: Breaking News)
- CB eases monetary conditions by reducing its interest rates (Category: Breaking News)
[…]The post Water Wars – In Relentless Pursuit Of Blue Gold appeared first on Colombo Telegraph.
- 20th Amendment: Current Needs For Strategic Planning (Category: Breaking News)
- President Wickremesinghe warns of climate crisis and unveils ambitious plans (Category: Breaking News)
- Climate Change: A Red Flag For Environmental Security In Sri Lanka (Category: Breaking News)
- President highlights Global North’s failure in Climate Change Financing at 10th World Water Forum (Category: Breaking News)
Thuesday 22nd August, 2023 No sooner had the Indian government announced its decision to impose a 40% tax on onion exports to overcome a shortfall in the domestic supply than Sri Lankan traders jacked up onion prices exponentially. They would not have reacted so swiftly to a drop in onion prices in the international market. […]
- Agriculture Minister calls for immediate report on big onion cultivation (Category: Breaking News)
- Pesticide resistant insect destroys onion cultivation in Jaffna peninsula (Category: Breaking News)
- Rice morning , noon ,and night in Sri Lanka (Category: Breaking News)
- Govt. all hat no cattle (Category: Breaking News)
[…]The post Pyromaniacs On The March appeared first on Colombo Telegraph.
- Kurundi: A Runway To ’56? (Category: Breaking News)
- Incubating, Again (Category: Breaking News)
- Unthinking Nation (Category: Breaking News)
- Incubating Again: Response To Tisaranee Gunasekara (Category: Breaking News)
Udeni Kaluthantri, a 54-year-old port worker, became an overnight sensation last year for reasons that had nothing to do with his job. Days after protesters stormed the presidential palace in the Sri Lankan capital Colombo, a video surfaced of Mr Kaluthantri lounging on a bed draped with the presidential flag. Pictures of young men jumping […]
- Brazil’s President vows to punish rioters who stormed Congress (Category: Breaking News)
- Mass arrests in Brazil as President condemns ‘terrorist’ riots (Category: Breaking News)
- Pakistan’s Supreme Court rules Imran Khan arrest was illegal (Category: Breaking News)
- A divided Japan bids farewell to its slain ex-PM (Category: Breaking News)
The International Atomic Energy Agency (IAEA) is studying Russia’s plans to build a nuclear power plant in Sri Lanka. Rosatom, the Russian the State Atomic Energy Corporation will help build a nuclear power plant in Sri Lanka. The Ambassador of Sri Lanka to the Russian Federation, Janita Liyanage, said that the project was approved by the […]
- Sri Lanka to have its first nuclear power plant with Russian assistance (Category: Breaking News)
- Sri Lanka seeks investors for nuclear power plants (Category: Breaking News)
- Sri Lanka approves nuclear power plant construction with Russia as top contender (Category: Breaking News)
- Policy decision taken to switch to nuclear energy (Category: Breaking News)
By Chani Imbulgoda “We suffer today, because leaders in the past have failed to govern this country properly”. Oh, the predecessor has not done things well, they all have let the place go haywire”. Familiar excuses… When one takes over the leadership be it the country, be it an organisation, or be it a new […]
- No second chance for Sri Lanka, says CB Governor (Category: Breaking News)
- Tactful Diplomacy Will Bring Durable Solution (Category: Breaking News)
- Lanka’s ‘Royal’ mess explained by old boy (Category: Breaking News)
- Urgent Lessons for Sri Lanka – 2022 (Category: Breaking News)
[…]The post Beyond The Myth Of TINA To The IMF: The New Development Bank In The Asian 21st Century appeared first on Colombo Telegraph.
- Debt Restructuring As Rocket Science: The IMF, Green, Blue & Pink-Washing BlackRock? (Category: Breaking News)
- Channel 4’s Easter Sunday: The IMF Descends Amid An Over The Horizon Operation Staring ‘Sonic-So... (Category: Breaking News)
- Alternatives To The IMF & The Future Of The Welfare State: Beyond The Blame Game Between Superpo... (Category: Breaking News)
- IMF, Sri Lanka’s Resource Curse & Privatization Of The Central Bank (Category: Breaking News)
[…]The post Inflation, Interest Rate & Imperialism appeared first on Colombo Telegraph.
- IMF Forecasts & Systemic Crisis (Category: Breaking News)
- RW’s National Policy & National Council (Category: Breaking News)
- Politics Of Easter Investigation In A Wriggling Economy (Category: Breaking News)
- Political Buddhism & Corruption: The Unholy Twins (Category: Breaking News)
The Sri Lankan government is seeking Russian cooperation in multiple sectors, namely, tourism, air traffic, and locomotive construction, besides eyeing crude from Moscow.The post Sri Lanka mulls buying Russian oil & fertilizers appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka secures a long-term Credit Line from Russia to procure fuel (Category: Breaking News)
- Sri Lanka, Russia continue talks on loan for Russian oil products (Category: Breaking News)
- Direct employment opportunities for Sri Lankan skilled migrant workers in Russia (Category: Breaking News)
- Direct Flights to Moscow (Category: Breaking News)
[…]The post Budget 2023: A Depth Or Dearth appeared first on Colombo Telegraph.
- Domestic Debt Restructuring: Another Time Bomb Clicking Down? (Category: Breaking News)
- Tax! Tax!! Tax!!! (Category: Breaking News)
- Budget 24: High Aspirations Amidst Mounting Challenges But Options Are Limited (Category: Breaking News)
- The Role Of National Defence In A Crisis-Ridden Economy (Category: Breaking News)
[…]The post Erosion & Climate Change: Sri Lanka Is Adrift In The Indian Ocean appeared first on Colombo Telegraph.
- On Being Prepared; The Sri Lankan Experience (Category: Breaking News)
- Impact Of Climate Change In Sri Lanka: National Security Challenges & Way Forward (Category: Breaking News)
- A Global Tropical Coral Bank: Responding To The Increasing Frequencies Of Coral Bleaching & Loss (Category: Breaking News)
- Constitution Making, Global Warming & Incorporating E-Governance (Category: Breaking News)
Sri Lanka approved legislation on Tuesday to let companies from oil-producing nations import and sell fuel as it attempts to cope with a steep oil bill that deepened its worst financial crisis in decades.The post Sri Lanka approves law to liberalize petroleum imports appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Price of 92 Octane Petrol increased in Sri Lanka (Category: Breaking News)
- Fuel consumption in Sri Lanka drops 50% in December (Category: Breaking News)
- First two Sinopec fuel shipments to arrive in Sri Lanka in August (Category: Breaking News)
- National Fuel Pass to be introduced today in Sri Lanka (Category: Breaking News)
Sri Lanka tourism is yet to see large foreign visitors after political crisis ended.
- IPO To Raise Rs. 400 mn (Category: Breaking News)
- Apparel producers decry 400% off-peak electricty price hike (Category: Breaking News)
- US$ 400 m India-SL energy transaction in the pipeline (Category: Business)
- $ 400 m IMF lifeline for struggling Sri Lanka (Category: Business)
[…]The post The Paris Club, Dollar Debt Colonialism & Asia’s New “Donors”: Reforming The International Aid Architecture? appeared first on Colombo Telegraph.
- Debt Restructuring As Rocket Science: The IMF, Green, Blue & Pink-Washing BlackRock? (Category: Breaking News)
- ‘Make The Economy Scream’: Whither The Asian 21st Century? (Category: Breaking News)
- Gota Back In The USA & A Chilling Killing: Welcome To 2023 A (Virtual) Realty In A Post-Truth Wo... (Category: Breaking News)
- Alternatives To The IMF & The Future Of The Welfare State: Beyond The Blame Game Between Superpo... (Category: Breaking News)
[…]The post How We Came To This Pass – On The “Non-Rule Of Law System” appeared first on Colombo Telegraph.
- How We Came To This Pass: A Quest For Scapegoats (Category: Breaking News)
- How We Came To This Pass – The Aragalaya Challenge (Category: Breaking News)
- Two Challenges: Economic Recovery & Political Devolution – IV (Category: Breaking News)
- How We Came To This Pass – Waiting On IMF (Category: Breaking News)
Thursday 1st September, 2022 There is absolutely no need for aliens to take the trouble of undertaking intergalactic missions to destroy this planet. The so-called big powers vying for global dominance are already at it, and the signs are that they will succeed in their endeavour. The entire world is reeling from the war in […]
- Ukraine war: Russia wants to destroy Europeans’ normal life, Zelensky warns (Category: Breaking News)
- COP27: Russian invasion of Ukraine released 8 mn MT of carbon till September – report (Category: Breaking News)
- Proxy wars make unsettling comeback (Category: Breaking News)
- Fears of Europe-wide war rekindled as Finland joins NATO (Category: Breaking News)
ByShamindra Ferdinando Sri Lanka hadn’t been able yet to convince Russia to resume Aeroflot flights and tourists from there to Sri Lanka suspended in the wake of the detention of SU 289 at the Bandaranaike International Airport (BIA) on the afternoon of June 02, authoritative sources said. Sri Lanka grappling with an unprecedented foreign exchange […]
- Consultant surgeon suggests airlifting of patients to NHSL from far-flung areas for emergency su... (Category: Breaking News)
- J’pura campus surrounded by Army like ‘uncleared area’ - SU (Category: Breaking News)
- Buddhist traditions guide our approach to economic and social policy making: President at MDG Su... (Category: Breaking News)
[…]The post Looking At The Problem Of The Point Of View Of The State appeared first on Colombo Telegraph.
- The Influence Of Sirima Bandaranaike & Ranil Wickremesinghe On The Foreign Policy Of Sri Lanka (Category: Breaking News)
- Collective Consciousness Of Sri Lankans – Is It Constructive Or Destructive (Category: Breaking News)
- Are The IMF & Ranil Wickremesinghe Neoliberal? (Category: Breaking News)
- The Role Of The Attorney General In Sri Lanka (Category: Breaking News)
Hambantota in southern Sri Lanka housed ousted President Gotabaya Rajapaksa following the recent crisis, until he was forced to flee the country entirely. That continues a trend of the city, and especially its strategic deep-sea port, being in the news for all the wrong reasons. In 2017, when Sri Lanka found itself struggling to make […]
- Over 400 respond (Category: Breaking News)
- IFC to provide $400 million to banks in Sri Lanka (Category: Breaking News)
- $ 400 m IMF lifeline for struggling Sri Lanka (Category: Business)
- IPO To Raise Rs. 400 mn (Category: Breaking News)
Sri Lanka’s Acting President Ranil Wickremesinghe says that the issues which prevail in Sri Lanka with regard to hunger, are man made.The post The food crisis in Sri Lanka is man made, Acting President Ranil tells Global Forum appeared first on ONLANKA News - Sri Lanka News - Latest News Sri Lanka - Breaking News from Sri Lanka.
- Ranil Wickremesinghe sworn in as Acting President of Sri Lanka (Category: Breaking News)
- Special statement by Sri Lanka’s Acting President Ranil Wickremesinghe (Category: Breaking News)
- Nominations presented to elect Sri Lanka’s new President – Ranil, Anura, Dullas to contest for p... (Category: Breaking News)
- Easter Attacks: Sri Lanka to seek assistance of UK Government & intelligence over Easter Sunday ... (Category: Breaking News)
by Kumar David Thus, we may all “Chortle in our joy” on July 13 or 20 if everything goes as promised. The first step in the Sri Lankan Colour Revolution seems to have inched forward like a golden dream but I will remain on guard till both Gotabaya (GR) and Wickremesinghe (RW) have been seen […]
- Oh Frabjous Day! Calloo Callay! (Category: Breaking News)
- President to make fresh clarion call for all-party national government (Category: Breaking News)
- IMF working with a government without a mandate – Handunnetti (Category: Breaking News)
- Opposition to boycott today’s meeting with IMF (Category: Breaking News)
[…]The post Oh Frabjous Day! Calloo Callay! appeared first on Colombo Telegraph.
- Oh Frabjous Day! Callooh Callay! (Category: Breaking News)
- Aragalaya At The Cross-Roads & In The Cross-Hairs (Category: Breaking News)
- Is Cascading Collapse Unstoppable? (Category: Breaking News)
- Ranil: A SWOT Appraisal (Category: Breaking News)
By Michael Rowand As Sri Lankan protesters stormed the presidential residence in Colombo, the Chinese Embassy released no statements and did not tweet. The Chinese Ministry of Foreign Affairs offered no comment until Monday afternoon, well behind others such as India, the European Union, and the United States. The French Embassy even retweeted a tweet […]
- Chinese role in the Sri Lankan crisis (Category: Breaking News)
- China a mute spectator as Sri Lanka’s political upheaval poses long-term implications for Beijing (Category: Breaking News)
- Unelected Team At The BRI Forum: Speaking From Both Sides Of Mouth (Category: Breaking News)
- Sri Lanka should prevent Chinese vessel from reaching Hambantota port (Category: Breaking News)
[…]The post The Destiny Of China’s Colony Of Sri Lanka appeared first on Colombo Telegraph.
- Sri Lanka’s Past Is Prologue For China (Category: Breaking News)
- Postponing Elections & Inviting The Dragon: Sri Lankan President’s China Tilt (Category: Breaking News)
- Why Should The United States Care About Sri Lanka’s Predicament? (Category: Breaking News)
- Modi’s Civilizational Twist To Indo-Lanka Relations (Category: Breaking News)
Says economy could contract 7-pct in 2022
- Sri Lanka’s total debt burden Rs 21.6 trillion by March 2022 (Category: Breaking News)
- Once the Parliament approves IMF agreement, the main points will be passed into law – Sri Lanka ... (Category: Breaking News)
- Prez vows to reform loss-making state enterprises, implement new tax regime (Category: Breaking News)
- Sri Lanka receives financial assurance letter from China (Category: Breaking News)
Sri Lanka’s total debt burden increased to Rs 21.6 trillion by March 2022, Prime Minister Ranil Wickremesinghe told Parliament today. He said that Sri Lanka needs to pay $3.4 billion between June and December this year, $5.8 billion in 2023, $4.9 billion in 2024, $6.2 billion in 2025, $4.0 billion in 2026 and $4.3 billion […]
- Sri Lanka Prime Minister’s full statement on IMF negotiations (Category: Breaking News)
- Sri Lanka receives financial assurance letter from China (Category: Breaking News)
- President seeks opposition support to implement IMF deal (Category: Breaking News)
- President blames Sajith for crisis (Category: Breaking News)
The Government has enforced what is seen as an unofficial, partial lockdown from midnight today until 10th July with the public being urged to stay home. Cabinet Spokesman, Minister Bandula Gunawardena said that schools in Colombo and other major cities will remain closed until 10th July. Schools in other areas will function at the discretion […]
- Harin refuses to comment on “princess” Diana’s proposal (Category: Breaking News)
- Harin Fernando calls for a second “Aragalaya” (Category: Breaking News)
- Harin Fernando and Manusha Nanayakkara step down (Category: Breaking News)
- Cabinet approves visa-free entry for visitors from 7 countries (Category: Breaking News)
[…]The post Is Sri Lanka On The Brink Of Another Covid Wave? appeared first on Colombo Telegraph.
- Cricketer Murali Is On A Sticky Wicket – On Tamil Nadu Turf (Category: Breaking News)
- Murali the Enigma (Category: Breaking News)
- Murali to retire (Category: Sports)
- Murali – Symbol Of A Resurgent Sri Lanka (Category: Breaking News)
Sri Lanka may be compelled to buy more oil from Russia as the island nation hunts desperately for fuel amid an unprecedented economic crisis, the newly appointed Prime Minister said. Prime Minister Ranil Wickremesinghe said he would first look to other sources, but would be open to buying more crude from Moscow. Western nations largely […]
- Finland Prime Minister ousted, conservatives win tight vote (Category: Breaking News)
- Sri Lanka crisis raises alarm about further unrest in APAC region (Category: Breaking News)
- Japan to organize Sri Lanka creditors’ meeting over debt crisis (Category: Breaking News)
- Sri Lanka former leftist leader blames IMF for Russia’s invasion of Ukraine (Category: Breaking News)
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