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Sri Lanka expects to host 1.55 million visitors and earn 2.7 billion Sri Lankan rupees ($8.4 million) in much-needed tourism revenue this year, as it maps a road to the recovery of its tourism sector amid its worst economic crisis in decades.The post Sri Lanka expects cash infusion from 1.5 million tourists in 2023 for crisis-hit economy appeared first on Sri Lanka Breaking News and Top Headlines ...
- Sri Lanka looks to adventure travel to attract ‘quality’ tourists and help rebuild economy (Category: Breaking News)
- Indian cruise ship to launch operations to Sri Lanka (Category: Breaking News)
- Analysis: A year later, Sri Lanka’s tentative economic recovery eludes the poor (Category: Breaking News)
- Tourist arrivals in Sri Lanka cross 200,000 in December (Category: Breaking News)
By Rathindra Kuruwita Hospitals in Sri Lanka’s urban centres, too, will struggle to deliver healthcare as a large number of healthcare workers, from doctors to nurses, are leaving the country, says Education Secretary of the Frontline Socialist Party (FSP) Pubudu Jayagoda. Addressing the media, in Colombo, Jagoda said the dramatic increase in the PAYE tax, […]
- FSP accuses President of taking country on 1977 path to disaster (Category: Breaking News)
- Without investment into laboratories, SL will be plagued by low quality medicine – Expert (Category: Breaking News)
- Govt. accused of giving Indian companies access to Lankans’ biometrics (Category: Breaking News)
- ‘Health sector heading for total breakdown’ (Category: Breaking News)
Adventure tourism is playing a key role in helping Sri Lanka rebuild its economy after a turbulent few years for the South Asian nation.The post Sri Lanka looks to adventure travel to attract ‘quality’ tourists and help rebuild economy appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA News.
- Sri Lanka looks to adventure travel to attract quality tourists and help rebuild economy (Category: Breaking News)
- Sri Lanka approves visa-free entry for tourists from 07 countries (Category: Breaking News)
- Driving Adventure (Category: Business)
- Sri Lanka Tourism ready for tourists (Category: Breaking News)
Sri Lanka President Ranil Wickremesinghe addressed the United National Party (UNP) May Day celebrations held at the Sugathadasa Indoor Stadium in Colombo yesterday (May 01) through video technology.The post Sri Lanka President says Let 2048 be the year of development for Sri Lanka appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA News.
- Government’s objective is to develop Sri Lanka as a thriving nation by 2048 (Category: Breaking News)
- Let us collectively join hands to make 2048 the year of development in Sri Lanka – President (Category: Breaking News)
- President to intensify focus on national unity, youth aspirations (Category: Breaking News)
- Elections will be held in accordance with the Constitution, Presidential poll in 2024 – President (Category: Breaking News)
[…]The post Is The Central Bank On Its Way To Technical Insolvency? appeared first on Colombo Telegraph.
- A Child’s Guide To Currency Board Systems: Has The Monetary Board Failed The Nation? (Category: Breaking News)
- Who Has Printed The Biggest Quantity Of Money? Lakshman, Cabraal Or Nandalal? (Category: Breaking News)
- Has The Economy Been Assassinated & If So, Who Were The Assassins? (Category: Breaking News)
- A Child’s Guide To Currency Board Systems: The Performance Of Ceylon’s Currency Board (Category: Breaking News)
Sri Lanka's National Consumer Price Index (NCPI) (LKNCPI=ECI) eased to 49.2% year-on-year in March, after a 53.6% rise in February, the statistics department said on Friday.The post Sri Lanka consumer inflation dips to 49.2% year-on-year in March appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka’s consumer inflation eases in May 2023 (Category: Breaking News)
- Sri Lanka’s inflation eases to 2.5% in March 2024 (Category: Breaking News)
- Sri Lanka’s consumer inflation dips to 33.6% in April (Category: Breaking News)
- Food inflation in Sri Lanka drops to 47.6% in March (Category: Breaking News)
By Sunimalee Madurawala “The shortage of medicines will significantly impact medications for non-communicable diseases (NCDs). If NCD patients don’t receive their regular medication, their condition will worsen,” stated a Provincial Director of Health Services speaking
- SL cannot afford any cutbacks on its already dismally-funded health system (Category: Breaking News)
- Over 50 percent of businessmen in Kamburupitiya afflicted with NCDs (Category: Breaking News)
- Much-needed Family Health Care Centre for Jaffna (Category: Breaking News)
- ‘Serendib Flour Mills playing key role in Sri Lanka’s food security’ (Category: Breaking News)
Sri Lanka’s sovereign lenders have yet to inform the government how they will engage with the country to restructure its $7.1 billion of debt and whether they will form an official committee or engage in bilateral talks, the central bank governor told Reuters in an interview on Tuesday.The post Sri Lanka central bank chief says sovereign lenders yet to outline debt talks plans appeared first on Sr...
- Sri Lanka’s sovereign lenders yet to outline debt talks plans (Category: Breaking News)
- Sri Lanka gives China deal details, keeping IMF aid on track (Category: Breaking News)
- No more second chances to stabilize country s economy- CBSL governor (Category: Breaking News)
- Sri Lanka Says Inflation Nears Peak, Easing Pressure on Economy (Category: Breaking News)
Sri Lanka’s sovereign lenders have yet to inform the Government how they will engage with the country to restructure its $7.1 billion of debt and whether they will form an official committee or engage in bilateral talks, the Central Bank Governor told Reuters in an interview on Tuesday. The island nation aims to formally engage […]
- Sri Lanka to present debt restructuring, IMF bailout plans to creditors (Category: Breaking News)
- Japan seeks to organise Sri Lanka creditors’ meeting on debt crisis (Category: Breaking News)
- Japan, India and France launch Sri Lanka debt re-structuring talks (Category: Breaking News)
- IMF still awaiting adequate assurances on Sri Lanka (Category: Breaking News)
[…]The post Janatha Aragalaya: The People’s Struggle In Sri Lanka appeared first on Colombo Telegraph.
- The Exit Of The Old Guard & The Arrival Of The New (Category: Breaking News)
- Modi-Wickremesinghe Tamil Drama (Category: Breaking News)
- Diaspora Tamils & 13A (Category: Breaking News)
- 40 Years After The Anti-Tamil Pogrom Of July 1983: Root Causes Remain Unaddressed (Category: Breaking News)
Sri Lankan President Ranil Wickremesinghe announced that the agreement with the International Monetary Fund (IMF) would be presented to Parliament for a vote on whether to support it and that following this vote, the key points of the agreement would be enacted into law.The post Once the Parliament approves IMF agreement, the main points will be passed into law – Sri Lanka President appeared...
- Sri Lanka determined not to seek IMF assistance again (Category: Breaking News)
- Having Proper plan to strengthen Sri Lanka’s economy is important – President (Category: Breaking News)
- Sri Lanka President Ranil delivers Government’s policy statement in Parliament (Category: Breaking News)
- Sri Lanka’s access to growing Indian & African markets cannot be disrupted – President Ranil (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)
By N Sathiya Moorthy Like leaders of nations that want to encourage privatisation of existing public sector enterprises, President Ranil Wickremesinghe too has said that the State need not do business. Instead, the job of the government is to provide services such as education and health, and maintain law and order, he said in a […]
- Sri Lanka gets tips on good governance from India (Category: Breaking News)
- Government to allocate Rs. 1 billion for AI technology next year (Category: Breaking News)
- Fourteen Sri Lankans evacuated from Sudan arrive in Colombo (Category: Breaking News)
- Sri Lanka to reach ECTA deal with India and FTA with China (Category: Breaking News)
[…]The post The Contribution Of The Monetary Policy For Overcoming The Current Economic Crisis Faced In Sri Lanka appeared first on Colombo Telegraph.
- Central Bank seen holding rates, SRR steady (Category: Business)
- CB fixes problem its way (Category: Business)
- Demystification Of The Black Box Involving Money Creation By C.A. Abeysinghe (Category: Breaking News)
- Central Bank paints economy positive (Category: Business)
Five Sri Lankan Tamil asylum seekers who attempted suicide on the British-held Indian Ocean island of Diego Garcia have been sent to Rwanda for medical treatment, The New Humanitarian has learned. The news follows a recent backlash against the British government’s immigration deterrence policies and a scandal that involved 200 unaccompanied minors who went missing […]
- UK to send Sri Lankan asylum seekers to Rwanda for medical treatment (Category: Breaking News)
- UK grants ‘third country’ asylum for two Sri Lankans following suicide attempts (Category: Breaking News)
- Britain to send Sri Lankan asylum seekers to Rwanda for medical treatment (Category: Breaking News)
- Tamil refugees on Diego Garcia win fight against forcible return to Sri Lanka (Category: Breaking News)
[…]The post Role Of Professionals In Achieving Our Economic Recovery appeared first on Colombo Telegraph.
- Economic Realities & Political Promises (Category: Breaking News)
- Tentative Recovery Of The Economy Will Not Be Stalled By The Presidential Election: Response To ... (Category: Breaking News)
- Middle class Sri Lankans forced to migrate due to proposed new income tax policy? (Category: Breaking News)
- PAYE Tax; Will There Be A Mass Exodus? (Category: Breaking News)
Young entrepreneur Chen Yingbing thought she had settled on a winning business model caring for China’s fast-ageing population. But not long after opening her high-end elderly care centre in the northern city of Tianjin, she encountered a major problem: the coronavirus pandemic. Under China’s hardline zero-Covid rules, elderly care homes were sealed off to prevent […]
- Close Xi Jinping ally Zhang Youxia, 72, set for bigger PLA command role (Category: Breaking News)
- Elon Musk’s deal for Twitter raises concern about China’s influence over the platform (Category: Breaking News)
- Have China’s central and eastern European trade ambitions reached the end of the line, and will ... (Category: Breaking News)
- Sri Lanka turmoil highlights risk for Chinese firms investing overseas (Category: Breaking News)
In a major breakthrough, Sri Lanka has received a financial assurance letter from the Exim Bank of China and the letter of agreement has been sent to the International Monetary Fund (IMF). President Ranil Wickremesinghe told Parliament that he received the financial assurance letter from the Exim Bank of China last night and he and […]
- An Open Letter & Appeal To The IMF (Category: Breaking News)
- SL Debt Justice Collective Writes Open Letter To IMF On DDO (Category: Breaking News)
- Government’s Letter of Intent for fresh IMF support under SBA (Category: Business)
- An Open Letter To Mr. President Ranil Wickremesinghe (Category: Breaking News)
[…]The post President Ranil Wickremesinghe’s Special Statement – Full Text appeared first on Colombo Telegraph.
- President Ranil Wickremesinghe Rescued & Stable Economy In Sri Lanka – An Inquiry (Category: Breaking News)
- SL Debt Justice Collective Writes Open Letter To IMF On DDO (Category: Breaking News)
- Greenwashing Bond Scams & Financializing Mother Nature: Climate Science Fiction Versus Local Rea... (Category: Breaking News)
- The Bleak Future For Sri Lanka : 75 Years After Independence (Category: Breaking News)
[…]The post Supreme Court Shows Democratic Route To Government appeared first on Colombo Telegraph.
- New Mandates Before New Amendments (Category: Breaking News)
- The Courts Would Be The Better Option For Undemocratic Actions To Be Contested (Category: Breaking News)
- Regular Elections Are The Foundation Of Democratic Society (Category: Breaking News)
- Time For Truth Come Out (Category: Breaking News)
By Jehan Perera The economy is beginning to give indications of macro stability which President Ranil Wickremesinghe has made his primary objective. The most visible of these is the appreciation of the rupee against the dollar and other international currencies which signals a shift from the previous trend of depreciation. Over the past year the […]
- Democracy requires elections in good times and bad (Category: Breaking News)
- GL accuses govt. of encouraging chaos to prevent peaceful Presidential election next year (Category: Breaking News)
- Serious consequences of failing to implement IMF programme (Category: Breaking News)
- Time frame for presidential poll set by law: elections chief (Category: Breaking News)
By Dr. K. Ajith Kumara Consultant Physician President, All Ceylon Medical Officers Association The prevailing economic situation in the country has resulted in many adverse effects on health of the Sri Lankans. A vast majority of people are unable to afford for health expenditure at personal levels while the health system is on the verge […]
- Battling Disease and Debt: Financing Non-Communicable Diseases amidst Sri Lanka’s economic crisis (Category: Breaking News)
- Sri Lanka’s economic turmoil and value of Senanka Bibile drug policy (Category: Breaking News)
- How to minimise medical negligence or error (Category: Breaking News)
- AMS explains primary reason for exodus of medical specialists (Category: Breaking News)
[…]The post New Central Banking Bill: Positive But Gaps Need To Be Filled appeared first on Colombo Telegraph.
- New Central Bank Bill: Gaps Need To Be Filled (Category: Breaking News)
- Deciding On New Central Bank Act Is Too Precious To Be Left Only To Politicians (Category: Breaking News)
- Central Bank Independence: Issue To The Fore Again, But Will The Government Have Foresight To Do... (Category: Breaking News)
- A Child’s Guide To Currency Board Systems: Has The Monetary Board Failed The Nation? (Category: Breaking News)
[…]The post Elections & Economic Recovery appeared first on Colombo Telegraph.
- The Impact Of The Next Election On The Economic Reforms (Category: Breaking News)
- People Should Make A Shadow Constitution (Category: Breaking News)
- People Should Make A Shadow Constitution (Category: Breaking News)
- People Should Make A Shadow Constitution (Category: Breaking News)
The International Finance Corporation (IFC), the World Bank’s investment arm, said it will provide Sri Lanka with a $400 million cross-currency swap facility to help fund essential imports.The post World Bank’s IFC to provide Sri Lanka with $400 million financing appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- World Bank s IFC to provide Sri Lanka with $400 million financing (Category: Breaking News)
- IFC to provide $400 million to banks in Sri Lanka (Category: Breaking News)
- Sri Lanka’s workers’ remittances exceed USD 400 Million in January 2024 (Category: Breaking News)
- IPO To Raise Rs. 400 mn (Category: Breaking News)
A decision has not been taken to suspend the fuel pass QR code system from April, Power and Energy Minister Kanchana Wijesekera said today. There were reports that the fuel pass QR code system will be suspended from 10th April. However, Wijesekera said the system will continue. He said that data will be analysed and […]
- Special category to increase fuel quota to be tested (Category: Breaking News)
- New registrations for fuel pass temporarily suspended (Category: Breaking News)
- Last digit number system for fuel to be scrapped (Category: Breaking News)
- Sri Lanka to discontinue QR code based National Fuel Pass from today (September 01) (Category: Breaking News)
Sri Lanka President Ranil Wickremesinghe says a separate unit will be established to send military personnel overseas to assist in times of health crises.The post Sri Lanka President pledges a new chapter for the field of Military Medicine appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka President to form a Committee to explore possibilities in providing clinical training ... (Category: Breaking News)
- Sri Lanka leader says IMF agreement pushed back after unrest (Category: Breaking News)
- Sri Lanka President Ranil speaks to Turkey President Erdogan, offers assistance (Category: Breaking News)
- Health sector needs an urgent policy change – President (Category: Breaking News)
The Government is to introduce non-paying wards in private hospitals, President Ranil Wickremesinghe said. Wickremesinghe said that the Government is looking at the possibility of introducing paying wards in Government hospitals and non-paying wards in private hospitals. He said the Government will take the tab for the treatment made in non-paying wards in private hospitals. […]
- Humanitarian grant of USD 46 million from Japan to Sri Lanka (Category: Breaking News)
- Humanitarian grant of USD 46 million from Japan to Sri Lanka (Category: Breaking News)
- Protests in Batticaloa and Jaffna against Independence Day celebrations (Category: Breaking News)
- President to take steps to prevent anarchy (Category: Breaking News)
Aljazeera reports that there is a severe shortage of greenbacks in Bangladesh due to its dwindling foreign reserves and a sharp drop in the value of its taka currency against the dollar. In the past six months, Bangladesh’s foreign reserves have dropped below $32bn from $39bn while the value
- Reserve Status (Category: Business)
- Reserve Stock (Category: Business)
- Reserve Stock (Category: Business)
- Buffer Burden (Category: Business)
Sri Lanka has secured Japanese assistance to run government hospitals. The Japanese Ambassador Mizukoshi Hideaki yesterday (22) signed an Exchange of Notes, with the Secretary to the Treasury, Mahinda Siriwardana, at the Presidential Secretariat. for a humanitarian grant assistance of USD 46 million in providing diesel fuel for public hospitals, across the country, Earlier, China provided […...
- Japanese assistance amounts to over USD 44 mn for such operations (Category: Breaking News)
- Japanese funding to install solar power at three key govt. hospitals (Category: Breaking News)
- Sri Lanka to receive financial assistance of USD 203 million from ADB, JFPR (Category: Breaking News)
- Emergency food supplies: Japan spent USD 10 mn since June last year (Category: Breaking News)
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