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- colombogazette.com - Category : Breaking News - Relavancy : 0.058562044

 By R. R. M. Lilani Even though Sri Lankan politics claim to be nonaligned, supportive of all countries, and prioritize Buddhism, on January 11, 2023, a number of Chinese diplomats and their Chargé d’affaires Hu Wei hurried to the Malwathu Chapter in Kandy and warned the high prelates not to host the Dalai Lama because […]

- onlanka.com - Category : Breaking News - Relavancy : 0.06211443

Sri Lanka expects to get China's backing for its debt restructuring plan within days to help unlock a $2.9 billion loan from the International Monetary Fund, a government official said on Friday, as India pledged further support to its crisis-stricken southern neighbour.The post Sri Lanka expects financing assurances from China for IMF deal within days appeared first on Sri Lanka News - Latest Bre...

- onlanka.com - Category : Breaking News - Relavancy : 0.07320256

Indian External Affairs Minister S. Jaishankar said today that India has extended financing assurances to the IMF to clear the way for Sri Lanka to move forward because India felt strongly that Sri Lanka’s creditors must take proactive steps to facilitate its recovery.The post Sri Lanka’s creditors must take proactive steps to facilitate its recovery: Jaishankar appeared first on Sri Lanka N...

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.06275812

[…]The post The Case For (And Against) Anura Kumara Dissanayake appeared first on Colombo Telegraph.

- onlanka.com - Category : Breaking News - Relavancy : 0.08281924

Sri Lankan President Ranil Wickremesinghe stressed the need for the drafting of a new foreign policy which would enable Sri Lanka to forge broader foreign relations while safeguarding its sovereignty.The post Sri Lanka President stresses need for new foreign policies appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.

- onlanka.com - Category : Breaking News - Relavancy : 0.05124179

When Sri Lanka slid into its worst economic crisis in seven decades leading to deadly riots and alarming shortages of fuel, food and medicines earlier this year, its giant northern neighbour stepped into the breach.The post India makes inroads into Sri Lanka under China’s long shadow appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.

- island.lk - Category : Breaking News - Relavancy : 0.07320256

By Meera Sirinivasan Sri Lanka is waiting for financing assurances from its bilateral creditors, including India and China, to tap support from the International Monetary Fund (IMF), according to Central Bank Governor P. Nandalal Weerasinghe. In September, the IMF reached a staff level agreement with Sri Lanka for a $2.9 billion package to help the island nation […]

- onlanka.com - Category : Breaking News - Relavancy : 2.272642

Originally planned for August 2022, the much-awaited Lanka Premier League (LPL) 2022 commenced on 6 December 2022. The league was postponed because of the economic and political turmoil in the island nation.The post Lanka Premier League will boost economy, tourism – Minister Harin Fernando

- colombogazette.com - Category : Breaking News - Relavancy : 0.31506148

The 20th Communist Party Congress of China may put a hold on the Chinese restructuring talks with Sri Lanka to secure the $2.9 billion facility to revive the ailing economy. The deadline was set for December, but it may be extended to January, according to the Central Bank of Sri Lanka. China

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.097561456

[…]The post Budget 2023: A Depth Or Dearth appeared first on Colombo Telegraph.

- onlanka.com - Category : Breaking News - Relavancy : 0.25204918

Sri Lanka crossed the billion dollar milestone in earnings from tourism in October when the country earned US$ 75.6 million from the trade, which is providing a glimmer of hope for the country’s economy beset by acute shortages of foreign currency since the middle of last year.The post Sri Lanka

- island.lk - Category : Breaking News - Relavancy : 0.06211443

By Shamindra Ferdinando Having comfortably won the vote on the Second Reading of 2023 Budget, two days earlier, President Ranil Wickremesinghe, on November 24, dealt with a spate of issues, including the responsibilities of the armed forces and the police, obviously indicating how a second Aragalaya, aimed at ousting his government from power, by way of violent protests, as was […]

- onlanka.com - Category : Breaking News - Relavancy : 0.10758535

Sri Lanka's central bank on Thursday threatened administrative intervention to control high market interest rates that it regarded as out of line with the inflation outlook.The post Central Bank of Sri Lanka threatens administrative measures over high market interest rates appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.

- colombogazette.com - Category : Breaking News - Relavancy : 0.09586461

By Ramesh Khan At the beginning of the year 2022, none in Sri Lanka would have thought that the end of the pandemic would not signal the end of misery. Instead, it signaled the advent of misery in forms that had been unknown to the Sri Lankans until now. A country filled with tourist spots, […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.058562044

The Police have warned that it will crackdown on the mass protest scheduled to be staged in Colombo today (Wednesday). According to reports, the Police have issued letters to the protest leaders today saying they have not been given permission to go ahead with the protest. The protesters are expected to stage a walk and […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.11712409

Several Business Chambers in a joint statement noted with concern that some organizations have called for mass protests on 2nd November. While recognizing their freedom of speech and right to express views, the Chambers requested all parties to call off protests of this nature that could undermine the efforts being taken to resolve the current […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.06275812

[…]The post The 22nd A (Now 21A) Could Lead To Another Constitutional Cum Political Crisis appeared first on Colombo Telegraph.

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.05124179

[…]The post How Lanka Can Benefit From A Global Recession appeared first on Colombo Telegraph.

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.043921534

[…]The post Go Set A Watchman  appeared first on Colombo Telegraph.

- onlanka.com - Category : Breaking News - Relavancy : 1.8181136

Sri Lanka’s economic crisis is deepening with unsustainable debt and a severe balance of payment crisis on top of lingering scars of the COVID-19 pandemic and debt restructuring and the implementation of a deep reform program are critical for Sri Lanka’s economic stabilization, says the World Bank in its twice-a-year update, underscoring the need for Sri Lanka to build resilience.The post Debt res...

- colombogazette.com - Category : Breaking News - Relavancy : 0.07320256

The World Bank warned that Sri Lanka’s economic crisis is deepening with unsustainable debt and a severe balance of payment crisis on top of lingering scars of the COVID-19 pandemic. Debt restructuring and the implementation of a deep reform program are critical for Sri Lanka’s economic stabilization, says the World Bank in its twice-a-year update, […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.04140962

[…]The post Human Rights Compliant Recovery Measures Critical To Stop Spiraling Hunger & Poverty In Sri Lanka: Amnesty International appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 0.31506148

the way for a knowledge-driven economy. Gamage said that Sri Lanka, […]

- island.lk - Category : Breaking News - Relavancy : 0.051762022

Series of crises SL has faced have dealt a heavy blow Reviving presents SL with an opportunity to address its long-running challenges by Sanath Nanayakkare Young people are not only the present but also the future; developing plans and policies without them is a futile exercise, they need to be the front and centre of […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.06211443

The ‘atingi’ eAcademy is a digital learning platform, providing users with the opportunity to develop their knowledge in the tourism and hospitality sector. Introduced by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, the e-learning platform caters to anyone interested in upskilling their knowledge on tourism and hospitality-related topics including line staff, management prof...

- island.lk - Category : Breaking News - Relavancy : 0.06211443

The country has lost several hundred thousand jobs to Covid-19. The impact of the agrochemical ban on agriculture, the mismanagement of the exchange rate, a highly accommodative monetary policy, and the use of foreign exchange reserves for debt repayment thwarted the country’s ability to recover from the initial shock of COVID-19, an ILO study titled, […]

- onlanka.com - Category : Breaking News - Relavancy : 0.072466835

Japan, one of Sri Lanka's main creditors, will back the South Asian nation as it seeks to restructure about $30 billion of its foreign debt and find a way out of a crippling economic crisis, Tokyo's envoy to the country said on Friday.The post Japan to support Sri Lanka’s debt restructuring negotiations appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.

- colombogazette.com - Category : Breaking News - Relavancy : 0.06211443

Japan, one of Sri Lanka’s main creditors, will back the South Asian nation as it seeks to restructure about $30 billion of its foreign debt and find a way out of a crippling economic crisis, Tokyo’s envoy to the country said on Friday. Reaching an agreement with creditors is key to Sri Lanka securing a […]

- island.lk - Category : Breaking News - Relavancy : 0.072466835

The ‘atingi’ eAcademy is a digital learning platform, providing users with the opportunity to develop their knowledge in the tourism and hospitality sector. Introduced by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, the e-learning platform caters to anyone interested in upskilling their knowledge on tourism and hospitality-related topics including line staff, management prof...

- island.lk - Category : Breaking News - Relavancy : 0.04482723

By Krishantha Prasad Cooray In many ways, the economic collapse of Sri Lanka became a near certainty in the weeks after Gotabaya Rajapaksa was elected President. In hindsight, it is clear to all that his government’s number one priority was consolidating their power and punishing those it saw as its enemies. Their next priority was […]

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