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Sri Lanka’s inflation accelerated in November for a second straight month as energy tariffs were raised to keep the International Monetary Fund’s $3 billion bailout on track.The post Sri Lanka inflation rises for second month on high energy costs appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka’s inflation eases to 2.5% in March 2024 (Category: Breaking News)
- Sri Lanka’s key inflation rate rises to 1.5% in October (Category: Breaking News)
- CCPI based inflation further drops to 57.2% (Category: Breaking News)
- Sri Lanka consumer price inflation eases to 53.2% in January but impulses still persist (Category: Breaking News)
Sri Lanka's in-principle pact with creditor nations to restructure its debt prepares the way for the International Monetary Fund (IMF) to consider clearing the first review of a bailout next month, the global lender said on Thursday.The post IMF says Sri Lanka debt deal could help board clear first bailout review appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka’s second review of $2.9 billion IMF bailout possible in first half of 2024 – official (Category: Breaking News)
- IMF Team to conduct second review of Sri Lanka’s EFF program in March 2024 (Category: Breaking News)
- IMF board approves first review of Sri Lanka’s nearly $3 billion bailout (Category: Breaking News)
- There is “strong expectation” of Sri Lanka commercial creditor deal: IMF (Category: Breaking News)
The French Development Agency’s (Agence Française de Développement also known as AFD) Regional Directorate is strengthening its base in Sri Lanka in line with the commemoration of 75 years of diplomatic relations between Sri Lanka and France. It also marks the enduring partnership between AFD Group and its Sri Lankan partners, which began in 2005 […]
- France to provide EUR 450,000 to CEB for renewable energy (Category: Breaking News)
- France continues support for Sri Lanka’s renewable energy plans (Category: Breaking News)
- EU, AFD, and World Bank support strengthening Sri Lanka s public finance management (Category: Breaking News)
- French government pledges support for the development process of Sri Lanka (Category: Breaking News)
Sri Lanka needs $100 billion to become a net zero emitter by 2040, President Ranil Wickremesinghe said on Tuesday, as the island also attempts to build climate change resilience while navigating its worst financial crisis in decades.The post Sri Lanka needs $100 billion to become net zero emitter by 2040, president says appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka needs $100 billion to become net zero emitter by 2040, president says (Category: Breaking News)
- Govt. allocates 600 acres for proposed International Climate Change University (Category: Breaking News)
- President Calls for Unified Environment, Climate Change Law at Sri Lanka Climate Summit (Category: Breaking News)
- President Wickremesinghe warns of climate crisis and unveils ambitious plans (Category: Breaking News)
SLPP leader Mahinda Rajapaksa yesterday (28) hit back at critics, claiming that a robust economy had been built under his presidency. He said the UNP-SLFP government which ruled the country during the 2015-2019 period should be held responsible for the current economic crisis. The following
- Sri Lanka Shippers’ Council perturbed by rescinding of Gazette No. 2014/10 of Oct. 2017 (Category: Breaking News)
- The Origins Of Sri Lanka’s Economic Crisis (Category: Breaking News)
- Ceylon Chamber identifies opportunities in Brazil during FIFA 2014 and Olympics 2016 (Category: Business)
- Expo 2014 coming next (Category: Business)
[…]The post The Origins Of Sri Lanka’s Economic Crisis appeared first on Colombo Telegraph.
- Video: Out & About 14th August 2014 (Category: Video)
- Video: Out & About 2014 09 04 (Category: Video)
- Video: 240714glasgow 2014 (Category: Video)
- Video: Today 21st November 2014 (Category: Video)
[…]The post No Democratic Logic To Hold Provincial Council Elections In 2025 appeared first on Colombo Telegraph.
- Preparing The Ground For Early Elections (Category: Breaking News)
- New Mandates Before New Amendments (Category: Breaking News)
- President Needs Trust To Succeed In Problem Solving (Category: Breaking News)
- Rise & Fall Of Nationalism In North & South (Category: Breaking News)
By Hiran H.Senewiratne ‘Since local inflation has declined faster than expected, the CBSL Monetary Board has decided to reduce policy interest rates by 100 basis points to enable the economy to reach its true potential, CBSL Governor Dr. Nandalal Weerasinghe said at the monthly monetary policy
- High interest rates have prevented contraction of economy – CBSL Governor (Category: Breaking News)
- CBSL to maintain ‘dovish monetary policy in view of economic stabilization’ (Category: Breaking News)
- Central Bank raises Policy Interest Rates (Category: Breaking News)
- CB eases lending and deposit interest rates (Category: Breaking News)
by Jehan Perera The government is facing an uphill task to rebuild the country which continues to be in a state of economic and moral decline which was evident in parliamentary proceedings last week. The initial hopes of a quick transition from the economic and moral decline that accompanied the pre-Aragalaya period ended with the […]
- Supreme court nudges govt., to democracy (Category: Breaking News)
- Electionsand economy (Category: Breaking News)
- Electionsand economy (Category: Breaking News)
- Ranil likely to go for presidential poll first – sources (Category: Breaking News)
[…]The post SC Judgment, Fiscal Philosophy, & Long-Term Decisions For A Brighter Future appeared first on Colombo Telegraph.
- IMF Bailout Conditions Plus New Central Bank Act Will Close Doors To Modern Monetary Theory (Category: Breaking News)
- Child’s Guide To Ranilnomics: Actual Tax Payment Is Not What One Pays Today (Category: Breaking News)
- Budget 2023: A Depth Or Dearth (Category: Breaking News)
- The Role Of National Defence In A Crisis-Ridden Economy (Category: Breaking News)
Monday 27th November, 2023 The SJB has commenced collecting signatures for a public petition as part of a campaign to have those who are responsible for the current economic crisis stripped of their civic rights. Given public resentment, which is palpable, the SJB may be able to obtain hundreds of thousands of signatures for its […]
- SJB blames Rajapaksas for impending financial burden on public, calls for Government change (Category: Breaking News)
- Reveal plans, uphold transparency (Category: Breaking News)
- SJB asks President to hold early general election (Category: Breaking News)
- Response to economic revival plan pathetic: Harsha disappointed (Category: Breaking News)
Sri Lanka’s rights abuses flout EU trade benefits requirements By Claudio Francavilla (from Human Rights Watch website) Sri Lanka’s economy has contracted every year since 2019, but exports to the European Union have increased, providing vital income in desperate economic times
- Proposed Law Breaks Government Pledge to End Abuse’ – HRW (Category: Breaking News)
- ‘SL should expedite signing FTA with China and expand scope of same instrument with India’ (Category: Breaking News)
- IMF won’t assist if govt. puts off LG polls (Category: Breaking News)
- US Trade Delegation Reviews Labor Rights For GSP (Category: Breaking News)
(Excerpted from the memoirs of Lalith de Mel) He returned to a Sri Lanka going through a difficult phase due to the JVP uprising. There were curfews and a sense of fear in the air. His predecessor in Sri Lanka had a young family and was glad to get away from the chaos that prevailed […]
- Driving marketing in the boardroom (Category: Business)
- Corporate governance and its importance (Category: Business)
- The PULL Forum with Keith Chamber is a must for marketers (Category: Business)
- Challenge before Sri Lanka Medical Association (Category: Breaking News)
[…]The post What Is The Character Of The Chinese State? appeared first on Colombo Telegraph.
- Sino-Indian Economic Competition (Category: Breaking News)
- Sino-Indian Economic Competition (Category: Breaking News)
- Sino-Indian Economic Competition (Category: Breaking News)
- Threats To The Hegemony Of The US Dollar (Category: Breaking News)
Sri Lanka has fallen well short of its obligations linked to the EU’s Generalised Scheme of Preferences Plus (GSP+), Human Rights Watch (HRW) said.Sri Lanka’s economy has contracted every year since 2019, but exports to the European Union have increased, providing vital income in desperate economic
- HRW accuses Sri Lanka of ignoring EU GSP+ requirements (Category: Breaking News)
- HRW says economic crisis puts rights in Sri Lanka in peril (Category: Breaking News)
- HRW sees army probe as a tactic (Category: Breaking News)
- Halt deportation of Tamils says HRW (Category: Breaking News)
Sri Lanka’s central bank signaled it will pause after cutting interest rates for a fourth time this year as the economy gradually recovers from its unprecedented crisis and inflation bottoms out.The post Sri Lanka signals pause after four rate cuts as IMF loan awaited appeared first on ONLANKA
- Sri Lanka central bank to consider a single policy rate mechanism (Category: Breaking News)
- Sri Lanka’s Central Bank Chief says Money printing has drastically reduced in 2022 (Category: Breaking News)
- Sri Lanka Says Inflation Nears Peak, Easing Pressure on Economy (Category: Breaking News)
- Sri Lanka central bank chief: monetary policy transmission still incomplete (Category: Breaking News)
The Monetary Policy Board of the Central Bank of Sri Lanka has decided to reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank by 100 basis points (bps) to 9.00 per cent and 10.00 per cent, respectively. The Board arrived at this decision following a careful […]
- Central Bank of Sri Lanka decides to maintain policy rates (Category: Breaking News)
- CBSL’s decision to raise policy rates in line with IMF expectations (Category: Breaking News)
- Central Bank decides to continue with tight monetary policy (Category: Breaking News)
- Central Bank of Sri Lanka relaxes its monetary policy stance (Category: Breaking News)
Friday 24th November, 2023 Sri Lanka’s cricket crisis has become internationalised. Sports Minister Roshan Ranasinghe and the Opposition insist that some Sri Lanka Cricket (SLC) officials were behind the International Cricket Council’s decision to suspend SLC. They have produced documentary evidence to prove their claim and tabled in Parliament the copies of the letters that […]
- ICC U-19 World Cup 2024 moved from Sri Lanka to South Africa - Report (Category: Breaking News)
- SJB calls for sacking of SLC management (Category: Breaking News)
- ICC would not have suspended SLC if interim committee had been functional – SJB (Category: Breaking News)
- SLC appoints 3-member Election Committee to elect new office bearers (Category: Breaking News)
The Chartered Institute of Logistics and Transport Sri Lanka (CILT Sri Lanka) will hold their CILT International Conference 2023, an event that brings together the best minds and practices in the field of logistics and transportation on 24th November, at the Balmoral, Kingsbury Hotel Colombo. The Main Sponsor for this year’s conference is Haulmatic Technologies, […]
- Professorial Points? (Category: Business)
- Sri Lanka keen to import ethanol from India (Category: Breaking News)
- Advantis Projects speeds ahead with the delivery of Sri Lanka’s largest Tunnel Boring Machines (Category: Breaking News)
- Advantis and Cordelia Cruises unite to unleash the ultimate cruising experience in Sri Lanka (Category: Breaking News)
By Shamindra Ferdinando Foreign Minister Ali Sabry, PC, yesterday said that Parliament like other institutions should bear responsibility for the unprecedented economic crisis caused during President Gotabaya Rajapaksa’s administration. Minister Sabry said so when The Island sought his response as regards the responsibility of Parliament for the developing situation against the backdrop of the cou...
- Crisis: Sabry faults ‘handful of persons’ but won’t accept charge of economic crimes (Category: Breaking News)
- Sabry questions insistence of interested parties to cremate bodies of Covid-19 victims (Category: Breaking News)
- ‘War crimes’: Not only individuals but also entire fighting divisions ‘blacklisted’ – Foreign Mi... (Category: Breaking News)
- Kanchana’s warning to restrict fuel supplies irrelevant, all imports already disrupted-SJB (Category: Breaking News)
By Rathindra Kuruwita Historically, Sri Lankan governments have failed to reduce the budget deficit, SJB MP Eran Wickramaratne says. Sri Lankan governments have consistently looked at maximising revenue but paid minimal attention to curtailing expenditure, MP Wickramaratne has said. Even the International Monetary Fund (IMF) had not factored in state expenditures when the latest bailout […]
- Eran questions whether country needs so many ministers (Category: Breaking News)
- NPP MP Herath quits PSC appointed to probe causes of bankruptcy (Category: Breaking News)
- Revenue raising measures insufficient to recover SL s financial crisis  SJB (Category: Breaking News)
- Govt. should not deviate from agenda of national needs in discussions to find solutions to crise... (Category: Breaking News)
Minister of Power and Energy Kanchana Wijesekara says that the country has lost an opportunity to support rebuilding the tourism industry and the economy as a result of the decision taken by the International Cricket Council (ICC) to move the Under 19 World Cup to South Africa from Sri Lanka.
Sri Lanka's consumer price inflation rose to 1% in October year-on-year from 0.8% in September, the statistics department said on Tuesday.The post Sri Lankan inflation rises to 1% in October appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka’s key inflation rate rises to 1.5% in October (Category: Breaking News)
- CCPI based inflation drops to 66% in October (Category: Breaking News)
- Sri Lanka’s inflation slows down to 70.6% in October 2022 (Category: Breaking News)
- Sri Lanka’s inflation climbed to 60.8% in July – CCPI (Category: Breaking News)
[…]The post Tax Evasion vs. Tax Avoidance: Legal Smart Tax Saving Strategies for Small Businesses appeared first on Colombo Telegraph.
- 400 Shops In Colombo To Be Sealed (Category: Breaking News)
- Video: HIRU THANIWELA EP 400 (Category: Video)
- Perks For Gota’s Personal Posse: Rs 400 Million To Move Ali Sabry’s Justice Ministry To WTC For ... (Category: Breaking News)
- Perks For Gota’s Personal Posse: Rs 400 Million To Move Ali Sabry’s Justice Ministry To WTC For ... (Category: Breaking News)
[…]The post Regain A Vision Of Rhe Common Good appeared first on Colombo Telegraph.
- System Change Happening In Wrong Direction (Category: Breaking News)
- Pragmatism Needs Fairness To Be Statesmanlike (Category: Breaking News)
- What The President Can Do Before He Goes (Category: Breaking News)
- Preoccupation With Repression Will Be Counter-Productive (Category: Breaking News)
Sri Lanka, which expects a loan of USD 300 million from the International Monetary Fund (IMF), has imported some commonly grown food such as taro roots (Kiri Ala), garlic, potatoes, tomato, papaw, water melon, long beans, pineapple etc. at a cost of USD 295 million last year, SLPP MP Madura Vithanage said yesterday (November 20).The post Sri Lanka imports ‘Kiri Ala’ and other commonly ...
- Home grown solutions become success for Sri Lanka. (Category: Breaking News)
- President pays homage to Kiri Vehera in New Year (Category: Breaking News)
- Poverty, Aswesuma and food security (Category: Breaking News)
- Lanka food exports surge by 41% to $ 95 m (Category: Breaking News)
By C. A. Chandraprema The judgement delivered by a divided five-member bench of the Supreme Court with regard to two fundamental rights cases numbered 195/2022 and 212/2022 filed by several individuals including Mahim Mendis, Chandra Jayaratne, Julian Bolling and the NGO Transparency International has stirred up a political storm. The majority judgment was delivered by […]
- Is Speaker’s announcement consistent with SC determination? (Category: Breaking News)
- SC ruling on economic crisis: Parliament also responsible, says Foreign Minister (Category: Breaking News)
- Economic way forward; corruption; stunning SC ruling (Category: Breaking News)
- SC ruling on economic meltdown: Lacille wants wrongdoers appropriately dealt with (Category: Breaking News)
by Ahilan Kadirgamar Sri Lanka is going through its worst economic crisis since the 1930s, and the stabilisation policies of the Government could drastically change the political economic landscape of the country. Amidst these changes underway, education more broadly and the university system in particular, have come under considerable strain. In this column, I analyse […]
- Say no to NEPF! Say no to abolishing free education! (Category: Breaking News)
- Universities in crisis: Key learnings (Category: Business)
- The Long March To Nowhere (Category: Breaking News)
- Navigating challenges of dental education in Sri Lanka (Category: Breaking News)
Sri Lanka Government's revenue in the first eight months saw a robust 43.5 percent increase.The post Sri Lanka Government revenue surges by 43.5%, yet expanding budget deficit spurs VAT hike appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka tax revenues up 27-pct with galloping inflation, one off levy (Category: Breaking News)
- Sri Lanka’s Tax revenue surpasses Rs. 3 trillion (Category: Breaking News)
- Sri Lanka to increase VAT to 12 percent, telecom levy to 15 percent (Category: Breaking News)
- Controversial Social Security Contribution levy comes into effect (Category: Breaking News)
[…]The post Target 2048 Requires Sri Lanka To Develop A Viable Creative Capital Base appeared first on Colombo Telegraph.
- Target 2048 – Growth Lab Experiment Should Be Converted From A Mere Wish To Ground Level Reality (Category: Breaking News)
- Target 2048 – Go For Creative Capital And Not For Mere Human Capital (Category: Breaking News)
- Target 2048 – Social Market Economy Ideology Need Be Clarified & Signed Off (Category: Breaking News)
- Crisis-Hit Sri Lanka Economy (Category: Breaking News)
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