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[…]The post Climate Change: A Red Flag For Environmental Security In Sri Lanka appeared first on Colombo Telegraph.
- The Interplay Of Climate Change & Water Shortages In Sri Lanka’s Ecosystems (Category: Breaking News)
- Impact Of Climate Change In Sri Lanka: National Security Challenges & Way Forward (Category: Breaking News)
- Sustainable City Planning & Sri Lanka: A Comparative Study (Category: Breaking News)
- Sustainable City Planning & Sri Lanka: A Comparative Study (Category: Breaking News)
Sri Lanka has decided to continue to actively participate in the Belt and Road Initiative proposed by China. Issuing a joint statement, Sri Lanka reiterated that it will never allow any separatist activity against China on Sri Lanka‘s soil. The joint statement by China and Sri Lanka was issued following a visit to China by President Ranil Wickremesinghe […]
- China pledges steadfast support to Sri Lanka (Category: Breaking News)
- Sri Lanka and Estonia successfully conclude inaugural bilateral political consultations (Category: Breaking News)
- China remains the most sincere and reliable friend of Sri Lanka – Ambassador (Category: Breaking News)
- President Wickremesinghe places his trust on Xi Jinping (Category: Breaking News)
The World Bank revised up its forecasts for Sri Lanka's economy on Tuesday, noting the crisis-hit nation had made strides in reducing inflation and had benefited from tourism revenue as well as an appreciation in its currency.The post World Bank boosts Sri Lanka economic forecasts after inflation
- Sri Lanka resumes rate cuts to boost growth as inflation cools (Category: Breaking News)
- Sri Lanka still among 10 countries with highest food price inflation (Category: Breaking News)
- Sri Lanka unexpectedly cuts rates by 250 bps as inflation eases (Category: Breaking News)
- Sri Lanka’s economy to shrink by 2% in 2023, Central Bank says (Category: Breaking News)
[…]The post Only A Unified Approach Can Solve The Economic Crisis appeared first on Colombo Telegraph.
- People’s Preamble To IMF Technical Report (Category: Breaking News)
- If The Speaker Had Become The President, The Economic Crisis Might Have Been Eased By Now (Category: Breaking News)
- Entrepreneurs Argue Against Unpredictable Exchange Rate, Interest Rates & Tax Policy (Category: Breaking News)
- IMF’s Prescription: Panacea Or Palliative? (Category: Breaking News)
Negotiations to secure the second tranche of funding from the International Monetary Fund (IMF) to Sri Lanka are progressing positively, Acting Finance Minister Shehan Semasinghe announced.The post Sri Lanka’s acting finance minister says positive progress in securing second IMF tranche appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Positive Progress in Securing Second IMF Tranche, Says Acting Finance Minister Shehan Semasinghe (Category: Breaking News)
- IMF team arrives in Sri Lanka to evaluate economic reforms (Category: Breaking News)
- Representatives of the International Monetary Fund express satisfaction with the implemented eco... (Category: Breaking News)
- Sri Lanka commences IMF-World Bank Spring Meetings with positive bilateral talks (Category: Breaking News)
Over 200 corporate leaders attended the second Economic Forum sponsored by HSBC recently which was to discuss and share insights into the latest global trends and opportunities emerging for economic growth in Sri Lanka. Frederic Neumann, HSBC’s Chief Asia Economist and Co-Head of Global Research for HSBC Asia along with Aayushi Chaudhary, HSBC Economist for […]
- Belgian companies to invest in Lanka (Category: Breaking News)
- Finance Channel (Category: Business)
- HSBC and Sarvodaya partner to empower women entrepreneurs (Category: Breaking News)
- JICA eager to resume Japan-funded development projects in Sri Lanka - State Minister Semasinghe (Category: Breaking News)
Acting Finance Minister Ranjith Siyambalapitiya during a press conference held today (21) at the Presidential Media Center, focusing on the theme of ‘Collective Path to a Stable Country’ said that over the past year, the government successfully increased the country’s foreign reserves from 1.8 billion dollars to 3.8 billion dollars. He added that in August […]
- Vietnam rises strongly from Covid, keeps inflation down as 77 national day celebrated (Category: Breaking News)
- Sri Lanka could get US$6.0bn from India, talks with Japan: Coomaraswamy (Category: Breaking News)
- Increase in workers’ remittances (Category: Breaking News)
- Remittances from expat workers rise (Category: Breaking News)
Former State Minister Dr. Nalaka Godahewa, MP yesterday pointed out that a careful look at the Central Bank’s 2023 data revealed that the much-touted promise to build a thriving export-oriented economy under the current government was only a pipedream. Addressing the media at the Nidahasa office
- Dr. Godahewa asks can individuals responsible for unprecedented economic crisis be architects of... (Category: Breaking News)
- Sectoral Oversight Committee exposes CEB costing trick to make huge profits (Category: Breaking News)
- Initial consensus among MPs on recovery plan (Category: Breaking News)
- Estimated Rs 1,400 bn, from VAT in 2024 (Category: Breaking News)
[…]The post Politics Of Easter Investigation In A Wriggling Economy appeared first on Colombo Telegraph.
- Economy, Easter Phoenix & Politics (Category: Breaking News)
- Diaspora Tamils & 13A (Category: Breaking News)
- Economics Of Recovery & Politics Of Reconciliation (Category: Breaking News)
- RW’s Political Dilemma (Category: Breaking News)
[…]The post Channel 4’s Easter Sunday: The IMF Descends Amid An Over The Horizon Operation Staring ‘Sonic-Sonic’? appeared first on Colombo Telegraph.
- The Easter Attacks & A Game Of Thrones: The Master Mind, A Cover Up Investigation & AI (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)
- Greenwashing Bond Scams & Financializing Mother Nature: Climate Science Fiction Versus Local Rea... (Category: Breaking News)
- Beyond The Myth Of TINA To The IMF: The New Development Bank In The Asian 21st Century (Category: Breaking News)
By Shamindra Ferdinando Justice Minister Dr. Wijeyadasa Rajapakse, PC, declared in Parliament that the winners of LPL (Lanka Premier League) 2023 B-Love Kandy had been sponsored by an enterprise that was banned in the country. The statement was made in Parliament on 24th August. The one-time President of the Bar Association found fault with SLC […]
- In terms of RTI Act House releases names of MPs who voted for new law (Category: Breaking News)
- All praise for Lanka’s saviours! (Category: Breaking News)
- Prez should explain why he scrapped time-tested exchange controls – NFF (Category: Breaking News)
- Impact of foreign-funded projects on Parliament’s standing as sole sovereign and supreme body (Category: Breaking News)
[…]The post The Economy & Politics: A Reality Check appeared first on Colombo Telegraph.
- Economics Of Recovery & Politics Of Reconciliation (Category: Breaking News)
- RW’s Remote-Control Economy (Category: Breaking News)
- IMF, ATA & RW’s Consolidation (Category: Breaking News)
- Why The Shock Over IMF’s Diagnostic Report? (Category: Breaking News)
Sri Lanka stood pat on borrowing costs for the first time in three meetings, after slashing the cash ratio for banks to bolster domestic liquidity and growth.The post Sri Lanka Holds Rates After Bank Cash Ratio Cut for Growth appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Central Bank of Sri Lanka issues order slashing interest rates on lending products (Category: Breaking News)
- Sri Lanka Central Bank cuts statutory reserve ratio by 200 bps (Category: Breaking News)
- Central Bank of Sri Lanka maintains Policy Rates to support Economic Recovery (Category: Breaking News)
- Sri Lankan Rupee appreciates further against U.S. Dollar (Category: Breaking News)
By The Coca-Cola Company, Managing Director – Sri Lanka & the Maldives, Pankaj Sinha Coca-Cola, with its 62-year presence in Sri Lanka, has remained committed to supporting this beautiful country through its challenges. As someone who has made Sri Lanka his home since 2019, and seen the country grapple with natural disasters, acts of terrorism, and […]
- Coca-Cola’s Christmas Spirit – Your Festive Sip Comes with Gifts! (Category: Breaking News)
- Coca-Cola appoints Kaushali Kusumapala as Country Director for Sri Lanka and Maldives (Category: Breaking News)
- Coca-Cola’s free tumbler with every 1.5L and 2L Coke or Sprite PET bottle (Category: Breaking News)
- Coca-Cola and the art of embracing local flavors: A journey through Sri Lankan cuisine (Category: Breaking News)
that the foreign guests helped boost the country’s economy and deserved […]
- Country attracts more than 800,000 tourists by 8 August (Category: Breaking News)
- 74,664 tourists arrive in Sri Lanka in first two weeks of Nov. (Category: Breaking News)
- Sri Lanka bans transport of tourists by three wheeler taxis not licensed by Tourism Authority (Category: Breaking News)
- Tourist arrivals top 1.4 mn by third week of December (Category: Breaking News)
Sri Lanka said that India will be one of the closest countries to enhance investments in Sri Lanka given its proximity to the Island nation and that it wants to have a very conducive environment for investors to come and invest. In an interaction with PTI, Sri Lankan Finance Minister Shehan Semasinghe also sounded optimistic […]
- Sri Lanka expects first review by IMF to be successful (Category: Breaking News)
- Sri Lanka yet to finalise restructuring domestic debt (Category: Breaking News)
- Sri Lanka receives 1st disbursement of US$ 250 million from WB (Category: Breaking News)
- Sri Lanka says economy has stabilised and growth is emerging (Category: Breaking News)
, the economy has not grown and […]
- President promises five percent economic growth in 2026/27 under current economic policies (Category: Breaking News)
- Milinda blames halfhearted economic reforms over the years for current crisis (Category: Breaking News)
- Financial Roadmap for 2012 unveiled (Category: Breaking News)
- Fitch: Onus on debt negotiations after Sri Lanka’s IMF Staff Agreement (Category: Breaking News)
By Eng. Thushara Dissanayake Water is often undervalued and insufficient attention is paid to its pollution. The water quality degradation is a blooming environmental issue in Sri Lanka. According to World Bank findings, the invisible crisis of water quality degradation is reducing potential economic growth in heavily polluted areas of the world by one-third. It […]
- Dire weather forecast for Sri Lanka (Category: Breaking News)
- People in five districts advised to wear masks due to toxic air blowing from India (Category: Breaking News)
- Country smothered by air pollution from subcontinent (Category: Breaking News)
- 'Excellent water' at more beaches (Category: Technology)
[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? appeared first on Colombo Telegraph.
- Debt Restructuring, Austerity, & The IMF: A Solution Or A Worsening Of The Problem? (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part VI (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part IV (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part III (Category: Breaking News)
At first glance, life in Sri Lanka's financial capital Colombo looks deceptively normal.The post Is the worst over for Sri Lanka’s economic crisis? appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- USAID Administrator Samantha Power arrives in Sri Lanka (Category: Breaking News)
- Sri Lanka’s revenue shortfall concerns IMF team – sources (Category: Breaking News)
- Sri Lanka aims to have $2.9 billion IMF loan finalised in December (Category: Breaking News)
- Sri Lanka hit by record brain drain, but some stay to rebuild (Category: Breaking News)
Sri Lanka born international economist Dr. Howard Nicholas of Erasmus University, Netherlands has categorically stated that Sri Lanka must not adopt the IMF recommendations on monetary policy for it has no rational basis and evidence of success anywhere in the world. Coming from a Western based economist that provides a lot of food for thought […]
- SL lagging behind other countries due to lack of national digital policy- NC sub-committee (Category: Breaking News)
- Relevance of Non-alignment or ‘dynamic neutrality’ to SL’s foreign policy (Category: Breaking News)
- SL economy, IMF claims, and reality (Category: Breaking News)
- Decline of middle class bodes ill for nation (Category: Breaking News)
[…]The post Debt Restructuring, Austerity, & The IMF: A Solution Or A Worsening Of The Problem? appeared first on Colombo Telegraph.
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part III (Category: Breaking News)
- The Bleak Future For Sri Lanka : 75 Years After Independence (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part IV (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 man charged with clawing Sri Lanka out of bankruptcy says he had warned about economic calamity years before it hit and was pressed into retirement for his troubles.The post ‘No second chance’ to save Sri Lanka, central banker warns appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- CBSL Governor refuses to resign over pay hike issue (Category: Breaking News)
- CBSL chief s special statement on domestic debt restructuring process (Category: Breaking News)
- Sri Lanka’s Central Bank Governor asks critics to provide alternatives (Category: Breaking News)
- Sri Lanka faces shutdown without stable govt- CBSL governor warns (Category: Breaking News)
India plans to allow Sri Lanka up to 12 years to repay its debt to help ease the financial burden on the island nation, India’s Export Credit Guarantee Corporation (ECGC) Ltd’s chairman-cum-managing director M. Senthilnathan said.The post India to allow Sri Lanka to repay debt over 12 years appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka given more time to repay Bangladesh’s $200 Million loan (Category: Breaking News)
- Sri Lanka trying to reduce overall debt by $17 Billion, president says (Category: Breaking News)
- India to allow Sri Lanka to repay debt over 12 years (Category: Breaking News)
- China’s EXIM bank offers Sri Lanka debt extension – report (Category: Breaking News)
A year after angry Sri Lankans stormed the president's residence and forced his ouster during a meltdown of the economy, the island's streets are calm, there are no serpentine queues at fuel stations and hours-long power cuts have ended.The post Analysis: A year later, Sri Lanka’s tentative
- Sri Lanka cabinet approves new electricity tariff without saying what it is (Category: Breaking News)
- Japan to support Sri Lanka’s debt restructuring negotiations (Category: Breaking News)
- IMF team in Colombo this week for first review of Extended Fund Facility (Category: Breaking News)
- Sri Lanka sees forex reserves exceeding $4 billion after fresh funding (Category: Breaking News)
India plans to allow Sri Lanka up to 12 years to repay its debt to help ease the financial burden on the country, India’s Export Credit Guarantee Corporation (ECGC) Ltd’s Chairman-cum-Managing Director M. Senthilnathan said. Sri Lanka, facing its worst economic and political crisis in over seven decades, owes $7.1 billion to bilateral creditors— $3 […]
- India starts debt-restructuring talks with Sri Lanka (Category: Breaking News)
- India provided nearly $4 billion in food, financial assistance to Sri Lanka (Category: Breaking News)
- India to invest more in Sri Lanka after crisis support of $3.8 Bn (Category: Breaking News)
- Sri Lanka thanks India for giving assurances to IMF for USD 2.9B bailout package (Category: Breaking News)
Sri Lanka is set to start bartering tea to Iran next month in lieu of $250 million owed for oil, a Sri Lankan official told Reuters on Friday, as the crisis-hit country tries to lift sales to a key market and protect its forex reserves.The post Sri Lanka set to start tea-for-oil barter with Iran next month appeared first on ONLANKA - Latest Breaking News updates on Sri Lanka.
- Sri Lanka settles US$ 20 million Iranian oil debt with tea (Category: Breaking News)
- Sri Lanka set to start tea-for-oil barter with Iran next month (Category: Breaking News)
- Lankan, Iranian officials discuss how to boost SL tea exports (Category: Breaking News)
- Iran to double tea imports from SL (Category: Breaking News)
Prime Minister Narendra Modi’s vision of an ‘Atmanirbhar Bharat’ (self-reliant India) has been instrumental in shaping the startup culture in ‘Naya Jammu and Kashmir’. After the revocation of Article 370, Jammu & Kashmir has witnessed a significant transformation with regard to the promotion of a startup culture. The initiatives and support of the administration h...
- ‘Naya J-K’ Defeats Terror, Moves on to Become Vibrant Region (Category: Breaking News)
- Can J&K’s GSDP to reach $28 billion with 7.5% growth in 2023-24 (Category: Breaking News)
- Can J&K’s GSDP to reach $28 billion with 7.5% growth in 2023-24 (Category: Breaking News)
- Navigating India’s Future: A Deep Dive into Modi’s Governance (Category: Breaking News)
By Rathindra Kuruwita The Sri Lankan government was not allocating funds to ensure the availability of essential public goods despite the gradual stabilisation of the economy, Prof. Priyanga Dunusinghe, of Department of Economics at the Colombo University said addressing the media. “
- Sajith says govt lying about there being no money to hold polls after having printed Rs 278 bn i... (Category: Breaking News)
- All 225 sitting MPs must share the blame for the present crisis: Ranatunga (Category: Breaking News)
- The government printed Rs 278 billion between October and December 2022 (Category: Breaking News)
- Govt plans accreditation for every profession (Category: Breaking News)
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