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The Central Bank of Sri Lanka has decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) at their current levels of 8.50 per cent and 9.50 per cent, respectively. The Monetary Policy Board of the Central Bank of Sri Lanka arrived at this decision after carefully assessing the […]
- Demand for imports in Sri Lanka continues to remain subdued (Category: Breaking News)
- Central Bank of Sri Lanka decides to maintain policy rates (Category: Breaking News)
- Central Bank of Sri Lanka further reduces policy interest rates (Category: Breaking News)
- Central Bank decides to continue with tight monetary policy (Category: Breaking News)
President Ranil Wickremesinghe says preliminary work to bring Elon Musk’s Starlink to Sri Lanka has been completed. Taking to X, the President said that he had discussions with Musk regarding the integration of the global Starlink network with Sri Lanka, during his recent visit to Indonesia. The President said the intention of bringing Starlink to Sri […]
- Ranil and Elon Musk discuss launching Starlink in Sri Lanka (Category: Breaking News)
- Elon Musk to visit Sri Lanka this year to launch Starlink (Category: Breaking News)
- Elon Musk’s Starlink internet available for pre-order in Sri Lanka (Category: Breaking News)
- President reveals outcome of talks with Elon Musk on introducing Starlink in Sri Lanka (Category: Breaking News)
[…]The post President Ranil Wickremesinghe Rescued & Stable Economy In Sri Lanka – An Inquiry appeared first on Colombo Telegraph.
- Thus spake Prez (Category: Breaking News)
- Prez presents Budget to ‘build foundation of Sri Lanka’s recovery’ (Category: Breaking News)
- Prez warns of hard times ahead (Category: Breaking News)
- Thus spake Prez (Category: Breaking News)
to villages in collaboration with private companies to revitalize the export economy. President Ranil Wickrem...
- Special Statement Delivered By President Ranil Wickremesinghe: Full Text (Category: Breaking News)
- President Ranil Wickremesinghe’s Policy Statement – Full Text (Category: Breaking News)
- Preliminary work to bring Starlink to Sri Lanka completed (Category: Breaking News)
- Prez asks Opp. to cooperate (Category: Breaking News)
Calls for Indian travelers to boycott the Maldives is “absolutely” helping Sri Lanka’s travel industry, the country’s Tourism Minister Harin Fernando said Wednesday.The post Indian travelers’ boycott of Maldives is helping Sri Lanka, says Tourism Minister appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
- Indian travelers boycott of Maldives is helping Sri Lanka, says Tourism Minister (Category: Breaking News)
- Fallout between the Maldives and India is ‘absolutely’ benefiting Sri Lanka (Category: Breaking News)
- Kimarli Fernando resigns as chairperson of Sri Lanka Tourism (Category: Breaking News)
- Sri Lanka requests to host IPL matches (Category: Breaking News)
Calls for Indian travelers to boycott the Maldives is “absolutely” helping Sri Lanka’s travel industry, the country’s Tourism Minister Harin Fernando said. “The Maldives issue is … helping us,” Fernando told CNBC, referencing a social media row in January that resulted in a sharp drop in Indian visitors to the Maldives this year. India was the […]
- Indian travelers’ boycott of Maldives is helping Sri Lanka, says Tourism Minister (Category: Breaking News)
- Harin labels Wimal as a barking dog (Category: Breaking News)
- Sri Lanka requests to host IPL matches (Category: Breaking News)
- Indian travelers boycott of Maldives is helping Sri Lanka, says Tourism Minister (Category: Breaking News)
[…]The post Aragalaya Effect Vs IMF Effect appeared first on Colombo Telegraph.
- RW, IMF & The Economy (Category: Breaking News)
- Homework For NPP (Category: Breaking News)
- Restructuring The Economy: A Stock Take (Category: Breaking News)
- Politics Behind Economic Recovery (Category: Breaking News)
[…]The post From Socialism To Success: Sweden’s Economic Evolution appeared first on Colombo Telegraph.
- “Saving” The Economy (Category: Breaking News)
- Unraveling The Root Causes Of Sri Lanka’s Foreign Currency Crisis (Category: Breaking News)
- RW’s Rocky Road To Export Driven Valhalla (Category: Breaking News)
- Target 2048 – Private Sector Should Not Just Sit Aloof (Category: Breaking News)
Addressing the Parliament of Sri Lanka today (May 09), President Ranil Wickremesinghe provided a comprehensive overview of the country's economic journey over the past two years.The post Sri Lanka President highlights economic progress and future challenges appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
- Sri Lanka and India reach agreements on Renewable Energy, Animal Husbandry, and more (Category: Breaking News)
- President delivers special statement in parliament (Category: Breaking News)
- Sri Lanka President invited all to join hands to build a prosperous Sri Lanka by 2048 (Category: Breaking News)
- Sri Lanka President Ranil Wickremesinghe meets Singapore President Halimah Yacob (Category: Breaking News)
By Easwaran Rutnam President Ranil Wickremesinghe blamed Opposition Leader Sajith Premadasa for the crisis in the country saying things could have been different if he accepted the Prime Minister post in April 2022. The President expressed these views after delivering a statement in Parliament, Thursday. Wickremesinghe said that in 2022 he willingly embraced the task […]
- Sri Lanka President Ranil delivers Government’s policy statement in Parliament (Category: Breaking News)
- “We may contest elections separately but let us collaborate in nation-building endeavors” – Pres... (Category: Breaking News)
- Economy improving, VAT can be reduced – RW (Category: Breaking News)
- President outlines his track record since assuming office in 2022 (Category: Breaking News)
2100 new Grama Niladhari officers were awarded appointment letters today (May 08) by the Sri Lankan President, Ranil Wickremesinghe, at Temple Trees.The post 2100 new Grama Niladhari officials appointed appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
- 2100 new GN officers appointed (Category: Breaking News)
- 2002 Grama Niladhari officers set to be appointed before end of April (Category: Breaking News)
- Report on student consuming coconut kernel for lunch unfounded – President’s Media Division (Category: Breaking News)
- 2100 New GN Officials Appointed (Category: Breaking News)
by Jayasri Priyalal Jayasripriyalal59@gmail.com The greatest challenges confronting the nation-states in the current era revolve around; deplorable debt, depleted natural resources, and degraded environment. Economic growth and future prosperity for all living beings are stalled due to the varying degrees of the 3D problems emerging out of ill-conceived policy divergences propelling the linear eco...
- IMF Must Become More Than Just A Debt Collector For Private Creditors (Category: Breaking News)
- SL hopes for productive talks at IMF WB spring meetings (Category: Breaking News)
- A survival strategy amidst geopolitical rivalry (Category: Breaking News)
- Sri Lanka to brief creditors on IMF deal for economic recovery (Category: Breaking News)
[…]The post Presidential Election Debate Continues appeared first on Colombo Telegraph.
- AKD & The JVP-NPP Should Tick All The Boxes To Win, Not Risk A Third Defeat (Category: Breaking News)
- May Day Thoughts: Political Economy Of The Ranil-SLPP-SLFP-UNP-SJB Convergence (Category: Breaking News)
- Ranil’s Last Hurrah For A New Parliament In March (Category: Breaking News)
- Anura Kumara Dissanayake’s Accomplishments & Challenges (Category: Breaking News)
Iranian Agriculture Minister Mohammad-Ali Nikbakht has stressed the need to further expand cooperation with Sri Lanka in trade and agriculture. Last year, Iran imported over $70 million of products, especially tea and coconut, from Sri Lanka, Nikbakht has pointed out, IRNA wrote. Importing tea from Sri Lanka, through a barter mechanism, is a proper step, […]
- Tight security during Iranian President’s visit to Colombo (Category: Breaking News)
- Iran’s President to visit Sri Lanka and launch several water projects (Category: Breaking News)
- Sri Lanka saddened over the death or Iran’s President, FM (Category: Breaking News)
- Iran’s President offers to contribute to Sri Lanka’s progress (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)
[…]The post Ramayana Trail – The Sacred Mission appeared first on Colombo Telegraph.
- India and Sri Lanka begin joint work to establish land bridge (Category: Breaking News)
- India pledges wholehearted support for developing Ramayana Trail in SL (Category: Breaking News)
- India & Sri Lanka: Identifying New Opportunities & Forging New Bonds (Category: Breaking News)
- Indian travelers’ boycott of Maldives is helping Sri Lanka, says Tourism Minister (Category: Breaking News)
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)
WB: Sri Lanka needs ‘robust and credible structural reforms’ Poverty in Sri Lanka has increased over the past four years, from 11 percent in 2019 to 26 percent in 2024, and the country needs ‘robust and credible structural reforms,’ says the latest report released by the World Bank. The WB report, titled ‘Sri Lanka Development […]
- More than a quarter of Lankans living in poverty – World Bank (Category: Breaking News)
- Sri Lanka’s economy shows signs of stabilization, but poverty to remain elevated (Category: Breaking News)
- Poverty, Aswesuma and food security (Category: Breaking News)
- WB predicts Lanka’s poverty will increase to 28% in 2023 from 25% recorded last year (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 […]
- Sri Lanka to hold Foreign Office Consultations with Kazakhstan (Category: Breaking News)
- No final decision on Rs. 1700 daily wage (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 How Long Can The People Be Fooled? appeared first on Colombo Telegraph.
- Insights Of A Tumultuous TV Debate & Airport Assault (Category: Breaking News)
- Are Buddhist Research Studies Task Oriented? (Category: Breaking News)
- Buddha: The Scientist Of Suffering & Existence (Category: Breaking News)
- Radical Spiritual Voice Amplified Through Social Media (Category: Breaking News)
Sri Lankan President Ranil Wickremesinghe emphasized the government’s commitment to leading Sri Lanka towards prosperity by 2048 through transformative changes in modern agriculture, tourism, and the energy sector.The post Sri Lanka President calls on youth to lead nation forward through Government initiatives appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- USDA official collaborates with Sri Lankan President to advance dairy modernization (Category: Breaking News)
- Sri Lanka and Iran sign five agreements to boost bilateral relations (Category: Breaking News)
- Ranil Wickremesinghe named as next candidate of UNP for Presidential Election 2024 (Category: Breaking News)
- Sri Lanka President’s 2023 New Year Message (Category: Breaking News)
Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following the severe economic downturn of 2022. But, the country still faces elevated poverty levels, income inequality, and labor market concerns, says the World Bank’s latest bi-annual
- Sri Lanka s economy shows signs of stabilization, but poverty to remain elevated  World Bank (Category: Breaking News)
- More than a quarter of Lankans living in poverty – World Bank (Category: Breaking News)
- WB predicts Lanka’s poverty will increase to 28% in 2023 from 25% recorded last year (Category: Breaking News)
- Sri Lanka’s economy shows signs of stabilization, but poverty to remain elevated – World Bank (Category: Breaking News)
Money, exchange rates, and money printing are crucial components of a nation’s monetary policy framework, wielding significant influence over economic and financial stability. This intricate relationship between these fundamental factors directly affects financial and economic dynamics. I am going to examine the nexus between these factors, clarifying their roles in the financial system and ...
- Inflation – Public Enemy Number One (Category: Breaking News)
- Central Bank expects economy to contract in second half of 2022 as well (Category: Breaking News)
- Steve Hanke on currency boards and flawed pegs amid Sri Lanka meltdown (Category: Breaking News)
- Sri Lanka policy rate unchanged as market rates rise, money printing warnings (Category: Breaking News)
Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following the severe economic downturn of 2022. But, the country still faces elevated poverty levels, income inequality, and labor market concerns, says the World Bank’s latest bi-annual
- Sri Lanka s economy shows signs of stabilization, but poverty to remain elevated  World Bank (Category: Breaking News)
- Sri Lanka’s economy shows signs of stabilization, but poverty to remain elevated (Category: Breaking News)
- World Bank says Sri Lanka still faces elevated poverty levels (Category: Breaking News)
- Despite signs of stabilization, full economic recovery not yet assured – IMF Mission (Category: Breaking News)
Sri Lanka still faces elevated poverty levels, income inequality, and labor market concerns, says the World Bank’s latest bi-annual update. The World Bank also said that Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following
- World Bank approves Sri Lanka’s access to concessional financing (Category: Breaking News)
- World Bank approves Sri Lanka’s eligibility to access concessional financing (Category: Breaking News)
- World Bank warns Sri Lanka’s economic crisis deepening (Category: Breaking News)
- World Bank approves $700 million in financing support for Sri Lanka (Category: Breaking News)
[…]The post Politics Behind Economic Recovery appeared first on Colombo Telegraph.
- RW, IMF & The Economy (Category: Breaking News)
- IMF Economics & 13A Politics: Recipe For Unrest (Category: Breaking News)
- IMF’s Prescription: Panacea Or Palliative? (Category: Breaking News)
- Homework For NPP (Category: Breaking News)
Prime Minister Dinesh Gunawardena called upon the Asian countries to rededicate themselves to building an Asia, free from poverty where prosperity is equitably shared. Addressing the BOAO Forum for Asia Annual Conference 2024 in Hainan in China, he praised China's "miraculous success story of lifting millions of people from poverty to a higher living standard under the able leadership of President...
- Development Lotteries Board Boosts Contributions to President’s Fund and Government (Category: Breaking News)
- PM Dinesh urges Asian countries to rededicate to eradicate poverty (Category: Breaking News)
- CPA meeting opens in Colombo tomorrow (Category: Breaking News)
- Industries call for transport sector reforms (Category: Business)
Prime Minister Dinesh Gunawardena called upon the Asian countries to rededicate themselves to building an Asia, free from poverty where prosperity is equitably shared. Addressing the BOAO Forum for Asia Annual Conference 2024 in Hainan in China, he praised China's "miraculous success story of lifting millions of people from poverty to a higher living standard under the able leadership of President...
- Prime Minister urges Asian countries to rededicate to building an Asia, free from poverty where ... (Category: Breaking News)
- Benefits of South Asia working together (Category: Business)
- SLPA Chief to keynote International Port Security Conference in Netherlands (Category: Business)
- Chinese Ambassador outlines numerous benefits reaped by Sri Lanka from BRI (Category: Breaking News)
By Ifham Nizam The recently-reopened Udawalawe Information Centre, now known as the Elephant Knowledge Walk at the Elephant Transit Home (ETH) in UdaWalawe, stands as a treasure trove for enthusiasts keen on studying paleontology and all things related to elephants. Since 1995, the Elephant Transit Home in UdaWalawe has been dedicated to rehabilitating and releasing […]
- MONLAR lashes out at Wildlife Dept. for failure to protect elephants (Category: Breaking News)
- Dilmah owners establish 830 acres of cinnamon on Kahawatte estates (Category: Breaking News)
- ‘Elephant Corridor’ purchased at over Rs. 1 billion by Browns Hotels and Resorts (Category: Breaking News)
- Sajitha steals limelight as Battle of the Maroons ends in draw (Category: Breaking News)
Sri Lankan President Ranil Wickremesinghe emphasizes the necessity of a new economic reform program for the country’s economic recovery.The post Sri Lanka President stresses vitality of new Economic reforms for country’s recovery appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- “My concern was the nation’s future” – President (Category: Breaking News)
- 2100 new Grama Niladhari officials appointed (Category: Breaking News)
- Sri Lanka President says Let 2048 be the year of development for Sri Lanka (Category: Breaking News)
- Sri Lanka President Ranil delivers Government’s policy statement in Parliament (Category: Breaking News)
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