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"It’s the overall uncertainty in the system," a market analyst said.
- Sri Lanka shares fall on profit taking (Category: Breaking News)
- Sri Lanka sells Rs81bn in Treasuries, yields steady (Category: Breaking News)
- Sri Lanka sells Rs127bn in bonds, 2032 on tap at 30.09-pct (Category: Breaking News)
- Sri Lanka stocks gain on financials; Sampath Bank leads (Category: Breaking News)
Ceylon Petrolem Corporation needs 554 million US dollars to import oil in June
- Government land policy is fair- Keheliya (Category: Breaking News)
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
[…]The post Dollar Crunch & Expanding Horizons appeared first on Colombo Telegraph.
- IMF – Eagerly Awaited – Desperation Grows! (Category: Breaking News)
- Budget 2023: A Depth Or Dearth (Category: Breaking News)
- Current Political Scenario: Smoke & Mirrors (Category: Breaking News)
- Reducing The Tax Burden (Category: Breaking News)
[…]The post What Can Ranil Get Done? appeared first on Colombo Telegraph.
- RW Vs. GR: Who Will Outwit Whom? (Category: Breaking News)
- Ranil: A SWOT Appraisal (Category: Breaking News)
- Hold Elections & Avert A Dual-Power Crisis (Category: Breaking News)
- Ranil-SWOT: A Reappraisal (Category: Breaking News)
Sri Lanka's pharmaceuticals suppliers are hit by payment delays and are also facing regulatory delays
- Working Together (Category: Business)
- ORNGE charity that vowed to improve patient care has been closed (Category: Canada, Ontario)
- The Apple Car apparently isn't dead, report says - Roadshow (Category: Technology)
- The Apple Car apparently isn't dead, report says - Roadshow (Category: Technology)
Investors are waiting for cues from budget proposals, new government's policies to achieve stability
- Sri Lanka stocks fall on concerns over fuel shortage, political instability (Category: Breaking News)
- Sri Lanka shares fall on profit taking (Category: Breaking News)
- Sri Lanka stocks up after cabinet appointment amid concerns (Category: Breaking News)
- Sri Lanka shares gain close to 2-pct in mid-day trade (Category: Breaking News)
An International Monetary Fund (IMF) team has concluded a virtual mission to Sri Lanka during which it was noted that Sri Lanka must give an assurance that debt sustainability will be restored. The IMF team led by Peter Breuer and Masahiro Nozaki conducted a virtual mission with the Sri Lankan authorities during May 9-24 on […]
- IMF delegation to visit Colombo next week (Category: Breaking News)
- IMF holds talks with Prime Minister Ranil Wickremesinghe (Category: Breaking News)
- IMF waiting for Sri Lanka to do the needful (Category: Breaking News)
- IMF seeks stability to resume talks with Sri Lanka (Category: Breaking News)
IMF has advised Sri Lanka top seek debt restructuring as early as in April 2020, officials have told a parliament panel
- China dithers over IMF s Sri Lanka debt plan, leaves Colombo in limbo (Category: Breaking News)
- CBSL governor hopeful Sri Lanka can achieve debt sustainability before IMF dates (Category: Breaking News)
- Sri Lanka must present debt restructuring strategy by end of April - IMF (Category: Breaking News)
- SRI LANKA RECEIVES IMF EXECUTIVE BOARD APPROVAL FOR THE EXTENDED FUND FACILITY (EFF) ARRANGEMENT (Category: Breaking News)
New Prime Minister is expected to present a new budget with higher tax, reduced government spending
- Sri Lanka shares fall on profit taking (Category: Breaking News)
- Sri Lanka sells Rs81bn in Treasuries, yields steady (Category: Breaking News)
- Sri Lanka sells Rs127bn in bonds, 2032 on tap at 30.09-pct (Category: Breaking News)
- Sri Lanka stocks gain on financials; Sampath Bank leads (Category: Breaking News)
Analysts expect market to fall with government's expected fiscal consolidation plan
- Sri Lanka shares fall on profit taking (Category: Breaking News)
- Sri Lanka sells Rs81bn in Treasuries, yields steady (Category: Breaking News)
- Sri Lanka sells Rs127bn in bonds, 2032 on tap at 30.09-pct (Category: Breaking News)
- Sri Lanka stocks gain on financials; Sampath Bank leads (Category: Breaking News)
“What the international community is looking for is long-term policy credibility and sustainability."
- Sri Lanka’s business mogul Dhammika Perera attempts to bring hope after govt failures (Category: Breaking News)
- EXPLAINER – Sri Lanka people’s hopes fade as monetary stability eludes new PM (Category: Breaking News)
- IMF says talks with Sri Lanka make significant policy progress (Category: Breaking News)
- Crisis-hit Sri Lanka’s interim budget aims ambitious revenue, debt cut targets (Category: Breaking News)
Regional plantation companies and smallholders are harvesting green leaf and arranging deliveries
- Market Share (Category: Business)
- Leaf Factor (Category: Business)
- Value Trend (Category: Business)
- Leaf Trend (Category: Business)
Sri Lanka's 2022 economic growth will see the worst ever contraction in its history - CB chief
- Sri Lanka stocks fall after fuel price hike (Category: Breaking News)
- Sri Lanka shares fall on profit taking (Category: Breaking News)
- Sri Lanka stocks edge down on tax hike worries after PM appointed as new finmin (Category: Breaking News)
- Sri Lanka stocks gain on financials; Sampath Bank leads (Category: Breaking News)
Experts say, “The lack of cooperation by Beijing would complicate the debt recovery journey of Sri Lanka”. The magnitude of the economic crisis that Sri Lanka is facing has reached catastrophic proportions. The whole world is astounded by the rampant mismanagement beyond the comprehension of anybody. Once an economic model of Asia, is now reeling […]
- China cautions Sri Lanka on IMF deal (Category: Breaking News)
- India slams Chinese envoy in Sri Lanka (Category: Breaking News)
- Is China playing with Sri Lanka’s bid to secure an IMF loan? (Category: Breaking News)
- China assures continued support to Sri Lanka (Category: Breaking News)
Motorists around the country have queued for fuel, but the government was unable to supply.
- Sri Lanka stocks fall after fuel price hike (Category: Breaking News)
- Sri Lanka stocks down on fuel price hike, CB chief’s worst growth comment (Category: Breaking News)
- Amid long fuel queues, over 100 arrested in Sri Lanka for hoarding (Category: Breaking News)
- Sri Lanka shares slump to one-month low; foreigners exit after PM’s cautioning (Category: Breaking News)
[…]The post The Politics Of Default appeared first on Colombo Telegraph.
- IMF Must Become More Than Just A Debt Collector For Private Creditors (Category: Breaking News)
- IMF Facility? Is It Sufficient To Deliver Prosperity To Sri Lankans? (Category: Breaking News)
- Deepening Crisis & Political Muddling (Category: Breaking News)
- Crisis Deepens Without Rescue Plan (Category: Breaking News)
In our expectations the economy will contract at the highest rate than in any other year in history
- Rate Status (Category: Business)
- Sri Lanka may see $1.2b balance of payments surplus in 2012 (Category: Breaking News)
- Central Bank warns on economic growth of SriLanka (Category: Breaking News)
- Rate Direction (Category: Business)
Cabraal kept the exchange rate artificially steady while spending reserves for foreign debt repayment.
- Govt. may stop supplying dollars (Category: Breaking News)
- SL’s defence cost only US 5.5bln dollars (Category: Breaking News)
- Cost of Sri Lanka's war a vital investment, Governor of Central Bank says (Category: Breaking News)
- Sri Lankas international sovereign bond oversubscribed CB govenor (Category: Breaking News)
[…]The post Child’s Guide To Currency Board Systems: Steve Hanke’s Crusade For Currency Boards appeared first on Colombo Telegraph.
- A Child’s Guide To Currency Board Systems: Has The Monetary Board Failed The Nation? (Category: Breaking News)
- A Child’s Guide To Currency Boards: Why Did Ceylon Give Up The Currency Board, While Singapore D... (Category: Breaking News)
- A Child’s Guide To Currency Board Systems: The Performance Of Ceylon’s Currency Board (Category: Breaking News)
- A Child’s Guide To Currency Board Systems: How Colonial Ceylon Did It? (Category: Breaking News)
It has 90,000 metric tonnes of Siberian Light Crude
Money printing triggers excess outflows, forcing the currency down and triggering parallel exchange rates
- Sri Lanka official remittances down 33-pct in May (Category: Breaking News)
- Sri Lanka central bank deep in debt, dollar shortages at ‘guidance’ rate : Wijewardena (Category: Breaking News)
- Sri Lanka central bank busts US$9.8bn since Feb 2020 to suppress rates, for stimulus (Category: Breaking News)
- Remittances through official channels up 78% in March (Category: Breaking News)
India extended an additional USD 500 million credit line to help Sri Lanka import fuel as the country has been struggling to pay for imports after its foreign exchange reserves plummeted sharply in...Click on the headline to read the full story
The new government yet come up with some concrete steps to come out of Sri Lanka's unprecedented economic crisis
- Sri Lanka’s NTB profits down 12-pct in March quarter (Category: Breaking News)
- Sri Lanka’s People’s Leasing net down 37-pct in March (Category: Breaking News)
- Sri Lanka’s Haycarb March net up on forex gains (Category: Breaking News)
- Sri Lanka sells Rs80bn in mostly 3-month bills, down 18bp (Category: Breaking News)
[…]The post Causes Of Economic Crisis In Sri Lanka & Lessons For A New Age appeared first on Colombo Telegraph.
- Inflation – Public Enemy Number One (Category: Breaking News)
- Navigating The Economic Reawakening & Sustainable Growth (Category: Breaking News)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
- The Contribution Of The Monetary Policy For Overcoming The Current Economic Crisis Faced In Sri ... (Category: Breaking News)
Food suppliers have been willing to extend credit to local importers due to strong relationships spanning generations
- New rules for food importers (Category: Breaking News)
- Camel milk and ostrich eggs could fill Sri Lankan food gap (Category: Breaking News)
- Sri Lanka President seeks support of the traders to regulate prices of essential food commodities (Category: Breaking News)
- Precautions against melamine contamination (Category: Breaking News)
The banned stations are in Makola South, Naalla, Pethiyagodda and Mirigama.
- Gas muzzlers (Category: Technology)
- Why 'feed' a car? (Category: Technology)
- 'Miracle material' (Category: Technology)
- Gas Only (Category: Business)
Sri Lanka sees long queues for fuel around the country
- Sri Lanka’s NTB profits down 12-pct in March quarter (Category: Breaking News)
- Sri Lanka’s People’s Leasing net down 37-pct in March (Category: Breaking News)
- Sri Lanka’s Haycarb March net up on forex gains (Category: Breaking News)
- Sri Lanka sells Rs80bn in mostly 3-month bills, down 18bp (Category: Breaking News)
[…]The post A Postscript To Political Crisis: A Way Out appeared first on Colombo Telegraph.
- An Exit Strategy From The Crisis: Agenda For Shared Revival Of Sri Lanka (Category: Breaking News)
- Sri Lanka president, PM, opposition leader support proposed UN-monitored reforms: Victor Ivan (Category: Breaking News)
- Sri Lanka President delivers Government’s policy statement in Parliament (Category: Breaking News)
- The Senseless Killing Of 19A By 21A! (Category: Breaking News)
[…]The post Ranil Wickremesinghe’s Sixth (Mis)adventure: An Indisputable Reason For The ‘Aragalaya’ To Stay Alive appeared first on Colombo Telegraph.
- Political Robber Barons Fear The Rejuvenated ‘Aragala’ Spirit! (Category: Breaking News)
- Why I Don’t Support The Aragalaya (Category: Breaking News)
- The Operation Successful But The Patient Died? Not If People Stand Up! (Category: Breaking News)
- Recent Political Violence And Its Consequences (Category: Breaking News)
We have to keep in mind that printing money will depreciate the rupee
- Overshooting (Category: Business)
- Forex Policy (Category: Business)
- Forex Trend (Category: Business)
- Sri Lankan Rupee ends firmer against USD (Category: Breaking News)
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