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Another Open Letter to the Minister of Agriculture Mr. Minister, It appears that you are being lobbied by various individuals with an eye of promoting toxins and fossil additives into agriculture with seemingly no concern to the well being of our population. The writer quotes, ‘This has been best put by Bombastus Paracelsus (1493 -1541), […]
- Sri Lanka to lift ban on Glyphosate after 07 years (Category: Breaking News)
- Minister’s promise to make Lanka’s agricultural sector export-oriented (Category: Breaking News)
- Govt mulls lifting VAT on chemical fertilizers at next Yala season (Category: Breaking News)
- Minister orders assessment of drought damage (Category: Breaking News)
Crisis-hit Sri Lanka is desperately looking for tourism earning to finance its imports
- Lankan exports to Poland increase (Category: Breaking News)
- US$ 150mn additional cost dampens exports (Category: Breaking News)
- Sri Lanka continued strong economic recovery says IMF (Category: Breaking News)
- Sri Lanka police offered Rs. one million reward for information that could lead to an arrest of ... (Category: Breaking News)
Wickremesinghe also met King Charles III on Sunday September 18.
- Sri Lanka president meets Commonwealth secretary general in London (Category: Breaking News)
- Sri Lanka president confident of strengthened ties with UK under new PM Rishi Sunak (Category: Breaking News)
- President urges SL diaspora in the UK to invest in their motherland (Category: Breaking News)
- President returns after London visit (Category: Breaking News)
India has emerged as the largest bilateral lender for Sri Lanka, overtaking China. India has provided a total of 968 million US dollars in loans to the island nation in four months of 2022. In the past five years from 2017-2021, China has been the largest bilateral lender to Sri Lanka. Asian Development Bank (ADB) has […]
- India and Sri Lanka discuss resumption of ECTA talks (Category: Breaking News)
- Sri Lanka thanks India for continued support (Category: Breaking News)
- Sri Lanka will consider India’s legitimate security concerns (Category: Breaking News)
- Japan calls for creditor nations’ talks on Sri Lanka debt restructuring (Category: Breaking News)
(PTI) The Sri Lankan government will virtually brief all its external creditors, on September 23, on the deal agreed with the International Monetary Fund (IMF) for the economic recovery and the next steps in the debt restructuring process. On September 1, the IMF reached a staff-level agreement to support Sri Lanka’s economic policies with a 48-month arrangement […]
- Sri Lanka to brief creditors on IMF deal for economic recovery (Category: Breaking News)
- Sri Lanka resumes bailout discussions with IMF (Category: Breaking News)
- Sri Lanka confident of meeting conditions for IMF funding soon (Category: Breaking News)
- Sri Lanka on China-IMF agenda (Category: Breaking News)
The Sri Lankan authorities continue negotiations with Russia on the provision of a loan to buy Russian fuel, Sri Lankan Minister of Transport and Highways and Minister of Mass Media Bandula Gunawardena said on Saturday in an interview with Sputnik.The post Sri Lanka, Russia continue talks on loan
- Sri Lanka, Russia continue talks on loan for Russian oil products (Category: Breaking News)
- Sri Lanka mulls buying Russian oil & fertilizers (Category: Breaking News)
- Sri Lanka seeks investors for nuclear power plants (Category: Breaking News)
- India expects $8-$9 Billion bilateral trade with Russia, Sri Lanka in two months (Category: Breaking News)
Investor sentiment has turned buoyant after IMF comments
- 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 sell Rs60bn mostly in 3-month bills, yield up (Category: Breaking News)
- Sri Lanka debt office raises 21 pct of required debt via T-bills (Category: Breaking News)
A food crisis in Sri Lanka looms as the island nation faces its worst economic disaster in decades. With food price inflation higher than 90%, even staples like rice have become almost unaffordable for many Sri Lankans. The World Food Programme (WFP) estimates that about 30% of the population is food insecure and that one out of […]
- Sri Lanka urges farmers to plant more rice amid crisis (Category: Breaking News)
- Sri Lanka to introduce anti-hoarding laws for food stocks – PM (Category: Breaking News)
- FAO to provide Urea, cash for crisis-hit Sri Lankan small-hold farmers (Category: Breaking News)
- As Crisis-Hit Sri Lanka Counts Cost of Chinese Projects, India Moves to Recover Influence (Category: Breaking News)
Services PMI goes above 50, manufacturing recovery seen in some sector
- Decline in consumers’ purchasing power hits manufacturing sector (Category: Breaking News)
- Sri Lanka manufacturing PMI down in July, services marginally up (Category: Breaking News)
- Manufacturing sector suffers setback in September (Category: Breaking News)
- Sri Lanka manufacturing PMI up in May, services continue down (Category: Breaking News)
‘IMF won’t maintain ministers, excess staff’ By Shamindra Ferdinando Dissident SLPP MP Prof. G. L. Peiris has alleged that the failure on the part of Parliament to fulfil one of its primary obligations, namely the responsibility for public sector finance caused the current crisis. The incumbent government had been compelled to seek the International Monetary […]
- GL: Cost of living intolerable, street protests inevitable (Category: Breaking News)
- IMF not paying sufficient attention to corruption: GL (Category: Breaking News)
- Dissident SLPP faction issues warning over Geneva, IMF and GSP+ (Category: Breaking News)
- Appointment of new EC may disrupt upcoming LG polls, GL tells CC (Category: Breaking News)
By Rathindra Kuruwita Those who claimed that privatisation was the panacea for Sri Lanka’s economic ills had to present information about privatise institutions first, Janatha Vimukthi Peramuna (JVP) leader Anura Kumara Dissanayake said on Wednesday at a conference on privatisation of state assets. Dissanayake said that the SLPP had campaigned in 2019 and 2020 on a […]
- AKD: JVP-led NPP will not undermine India’s national security (Category: Breaking News)
- SJB opposes blanket privatisations (Category: Breaking News)
- JVP urges youth not to leave country, but to stay and fight (Category: Breaking News)
- Govt. resorting to uncivilised measures to delay polls – JVP (Category: Breaking News)
Shares have been on the rise mainly on positive sentiment after the IMF comments.
- Sri Lanka sells Rs80bn in mostly 3-month bills, down 18bp (Category: Breaking News)
- Sri Lanka sell Rs60bn mostly in 3-month bills, yield up (Category: Breaking News)
- Sri Lanka debt office raises 21 pct of required debt via T-bills (Category: Breaking News)
- Sri Lanka Bairaha Farm’s profit soars over 200% on rising chicken price (Category: Breaking News)
India does not plan to provide fresh financial support to Sri Lanka on top of the nearly $4 billion it has extended this year, two sources told Reuters, as the island's battered economy starts to stabilise after a preliminary loan agreement with the IMF.The post India plans no more funding for Sri Lanka as IMF talks progress appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ON...
- India commits to help Sri Lanka on debt in prospective IMF program (Category: Breaking News)
- USD 121 Million paid to India from first tranche of IMF loan received to Sri Lanka (Category: Breaking News)
- India promises Sri Lanka support through long-term investments (Category: Breaking News)
- India ‘strongly supports’ Sri Lanka debt restructuring plan, it tells IMF (Category: Breaking News)
[…]The post Downward Spiralling Economy: Increased Govt Spending & Reduced Revenue appeared first on Colombo Telegraph.
- Taking Dictatorial Steps To Control Public Sri Lanka (Category: Breaking News)
- Corruption & Lack Of Common-Sense; Presidential Brutalities (Category: Breaking News)
- Lack of Common Sense Of A Time-Expired President (Category: Breaking News)
- Government-Sponsored Terrorism In Sri Lanka (Category: Breaking News)
Market sees over 600 million rupees of net foreign inflow
- 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)
"Sri Lanka needs to work collectively to solve the food issue in the face of the global food crisis."
- UN Food Programme, FOA warn Sri Lanka of acute food shortage (Category: Breaking News)
- Food insecurity improves in Sri Lanka but prevails within specific regions- report (Category: Breaking News)
- VIDEO: Sri Lanka debates elephant capture (Category: Breaking News)
- VIDEO: Sri Lanka debates elephant capture (Category: Technology)
Market saw net foreign inflow for the 18th session in the last 21.
- 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)
Financial advisory group Lazard (LAZ.N) has started talks with India, China and Japan on restructuring Sri Lanka's debt, a spokesman for the Sri Lanka government said on Tuesday, as the crisis-hit island nation seeks an International Monetary Fund (IMF) bailout.The post Lazard in talks with China, India, Japan on Sri Lanka debt appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka -...
- Lazard initiates talks with India, China Japan on restructuring Sri Lanka debt (Category: Breaking News)
- Sri Lanka aims to have $2.9 billion IMF loan finalised in December (Category: Breaking News)
- Japan to organize Sri Lanka creditors’ meeting by year-end – report (Category: Breaking News)
- Sri Lanka already started ‘low level’ talks with India, China on debt restructuring – President (Category: Breaking News)
Sri Lanka should improve human rights and strengthen institutions to tackle the humanitarian challenges that have sprung from its worst financial crisis in seven decades, a top U.N. Human Rights official said on Monday.The post U.N. presses Sri Lanka to advance human rights amid economic crisis appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- The President kicked off Visi Vara Jaya Nada (Category: Breaking News)
- ÂBuddhaloka Sadhu Nada Seela Samadhi Program held at Shangri-La green (Category: Breaking News)
- “Buddhaloka Sadhu Nada Seela Samadhi Program” held at Shangri-La green (Category: Breaking News)
- Video: Kageda Gee Nada (කාගෙද ගී නද) | Episode 13 | Sirasa TV (Category: Video)
An estimated 6.3 million people in Sri Lanka are facing moderate to severe acute food insecurity and their situation is expected to worsen if adequate life-saving assistance and livelihood support is not provided, the Food and Agriculture Organization of the United Nations (FAO) and the United Nations World Food Programme (WFP) warned today in a […]
- Biden announces $20 Million in additional assistance to Sri Lanka (Category: Breaking News)
- Indian ship with large humanitarian assistance to arrive in Sri Lanka (Category: Breaking News)
- Food security in Sri Lanka improving across all provinces (Category: Breaking News)
- France in talks with creditors on Sri Lanka issue (Category: Breaking News)
[…]The post Unholy Silence Of Holies appeared first on Colombo Telegraph.
- RW Summons Youth For Economic Marathon (Category: Breaking News)
- Celebrating Independence Or Inaugurating Dependence? (Category: Breaking News)
- Will India Be The Game Changer For RW? (Category: Breaking News)
- RW’s Political Rating & Fitch’s Credit Rating (Category: Breaking News)
A visiting U.S. diplomat on Sunday urged Sri Lankan authorities to tackle corruption and introduce governance reforms alongside efforts to uplift the country’s economy as a way out of its worst crisis in recent memory.The post USAID head urges crisis-hit Sri Lanka to tackle corruption appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- USAID Administrator Samantha Power meets Sri Lanka President Ranil Wickremesinghe (Category: Breaking News)
- Political reforms need to accompany economic reforms in Sri Lanka – Samantha Power (Category: Breaking News)
- USAID will continue to support Sri Lanka’s recovery – Samantha Power assures (Category: Breaking News)
- Ten U.S. Congress members urge additional support for Sri Lanka (Category: Breaking News)
Arrivals down 20 percent in August compared to July.
- Tourist Trends (Category: Business)
- Travel Trend (Category: Business)
- Tourist arrivals up in August (Category: Breaking News)
- Tourist arrivals up by 29% in August (Category: Breaking News)
by Amal Jayasinghe Sri Lanka added 37 new senior posts to its government on Thursday, sparking a social media backlash over “useless” public spending in the middle of its worst economic crisis on record.The country of 22 million has suffered months of rampant inflation, severe shortages of essential goods and widespread protests, pushing it to […]
- EC: Prez poll can’t be put off (Category: Breaking News)
- OPA panel discussion: The Role of Domestic Aviation in Sri Lanka Tourism (Category: Breaking News)
- IT professionals leaving country (Category: Breaking News)
- UK, US pressure Lanka to repeal PTA (Category: Breaking News)
An online crowdfunding platform titled ‘Rebuild Sri Lanka’ launched by the United Nations Development Programme (UNDP) is now live providing the opportunity for global citizens to contribute to alleviating the impacts of the crisis in the island nation, the UNDP said.The facility can be accessed at www.undp.org/srilanka/donate. Sri Lanka is undergoing its worst economic crisis […]
- ÂRebuild Sri LankaÂ- UNDP-led crowdfunding platform launched (Category: Breaking News)
- UNDP launches ‘Rebuild Sri Lanka’ crowdfunding platform (Category: Breaking News)
- UNDP appeals for assistance to help rebuild Sri Lanka (Category: Breaking News)
- Government and UNDP map out SDG investment for private sector to support recovery (Category: Breaking News)
[…]The post Ranil-SWOT: A Reappraisal appeared first on Colombo Telegraph.
- Government-Sponsored Terrorism In Sri Lanka (Category: Breaking News)
- The Partnership Between NPP & JVP Must Be Emboldened (Category: Breaking News)
- Is Ranil Creating The 2nd Batalanda? (Category: Breaking News)
- Ranil’s Prospects At The Next Election (Category: Breaking News)
Market has seen 5.52 billion in foreign outflow in last 19 sessions
- Sri Lanka sells Rs81bn in Treasuries, yields steady (Category: Breaking News)
- Sri Lanka sells Rs50bn of Treasury bonds (Category: Breaking News)
- Sri Lanka sells Rs127bn in bonds, 2032 on tap at 30.09-pct (Category: Breaking News)
- Sri Lanka bourse slips ahead of policy rates, IMF (Category: Breaking News)
Interested parties can contribute to two ailing sectors: healthcare and food.
- UNDP launches ‘Rebuild Sri Lanka’ crowdfunding platform (Category: Breaking News)
- Helping Hand (Category: Business)
- Rebuild Effort (Category: Business)
- ÂRebuild Sri LankaÂ- UNDP-led crowdfunding platform launched (Category: Breaking News)
Sri Lanka added 37 new senior posts to its government on Thursday, sparking a social media backlash over "useless" public spending in the middle of its worst economic crisis on record.The post Anger over bloated new Sri Lanka Government appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Pettah Protest: Tear gas and water cannons fired, 33 arrested (Category: Breaking News)
- Wasantha Mudalige arrested during student monks’ protest inside Education Ministry (Category: Breaking News)
- Sri Lanka president seeks unity government to save economy (Category: Breaking News)
- Wasantha Mudalige and 56 arrestees remanded until February 27 (Category: Breaking News)
Market sees continuous net foreign buying in the last 10 sessions
- Sri Lanka bourse slips ahead of policy rates, IMF (Category: Breaking News)
- Sri Lanka shares fall on profit taking (Category: Breaking News)
- Sri Lanka stocks gain for third straight session led by market heavyweights (Category: Breaking News)
- Sri Lanka sells Rs127bn in bonds, 2032 on tap at 30.09-pct (Category: Breaking News)
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