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Sri Lankan President Ranil Wickremesinghe said that the Free Trade Agreement would be revived and upgraded into a comprehensive economic and technological partnership.The post Sri Lanka to establish International Trade Office to deal with International Trade Negotiations appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka will not allow anything harmful to India’s security – President Ranil (Category: Breaking News)
- Sri Lanka and Thailand signed Free Trade Agreement (FTA) (Category: Breaking News)
- India, Sri Lanka agree to boost ties through energy, power and port projects (Category: Breaking News)
- Infrastructure, energy and debt on agenda as Sri Lanka president arrives in India (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)
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)
We can make the Mannar Island like entertainment location like Macau island
- 8 hoping to visit Australia arrested at Mannar (Category: Breaking News)
- Words of Wisdom (Category: Business)
- Steve Hanke on currency boards and flawed pegs amid Sri Lanka meltdown (Category: Breaking News)
- India to assist restoration of Thiruketheeswaram Temple (Category: Breaking News)
[…]The post Adopting A Humanist Approach To Empower Youths For National Development appeared first on Colombo Telegraph.
- The Police & Aragalaya Activists In A Time Of Social Upheaval (Category: Breaking News)
- Government’s Attempt To Redefine The Political Discourse & Direction Through Suppression (Category: Breaking News)
- Privatisation Of Public Assets Under Neoliberal Corporate Capitalism: Modern Evil (Category: Breaking News)
- What Is To Be Done? – Anura Kumara Dissanayake (Category: Breaking News)
For the first time in parliamentary history, the Central Bank of Sri Lanka has issued a dire warning to Parliament and political parties therein over the responsibility on their part to ensure financial stability and discipline. Their failure to do so would trigger public protests again, they were told. There hadn’t been such a public […]
- All praise for Lanka’s saviours! (Category: Breaking News)
- Shocking claim in House: Bandula reveals how sugar importers, their henchmen trapped Prez (Category: Breaking News)
- Herath: COPE dissolution must not hinder probe into economic crisis (Category: Breaking News)
- The fall of Pohottuwa govt. (Category: Breaking News)
Imports fall as financial account inflows dry up
- Sri Lanka investment goods, non-foods import fall overtakes oil cost in April 2022 (Category: Breaking News)
- Country's Reserves almost double - Central Bank (Category: Breaking News)
- Sri Lanka imports fall in May as credit slows with rate hike (Category: Breaking News)
- Exports up 7.0 percent (Category: Breaking News)
Sri Lanka’s High Commissioner in New Delhi, Milinda Moragoda, has declared that the preliminary agreement with the International Monetary Fund (IMF), under which Sri Lanka could receive $2.9 billion to tackle the ongoing economic crisis, is a “first step” in the long haul of economic recovery, but would provide the country and investors “confidence” to […]
- SL must restructure debt and ease import restrictions by year end says Morgoda (Category: Breaking News)
- Milinda: Sri Lanka should stabilise economy, relax import restrictions (Category: Breaking News)
- Sinhala translation of Quran presented to Bharain Ambassador (Category: Breaking News)
- Moragoda and ICCR Prez review Indo-Lanka cultural relations (Category: Breaking News)
[…]The post Sri Lanka’s First Firm Steps At Economic Reforms appeared first on Colombo Telegraph.
- Sri Lanka: Strategizing Economic Recovery (Category: Breaking News)
- BRI Dynamics & Politics Of Cabinet Reshuffle (Category: Breaking News)
- Sri Lanka: Surviving The 75th Year Of Independence (Category: Breaking News)
- Charting A New Beginning? (Category: Breaking News)
, as the country seeks to rebuild its economy sustainably, […]
- Driving sustainable investment: The crucial role of sustainable finance and private capital for ... (Category: Breaking News)
- UNDP says Sri Lanka stands at a critical juncture (Category: Breaking News)
- UN Global Compact Network Sri Lanka rallies corporates to ‘Forward Faster’ on SDGs (Category: Breaking News)
- Sri Lanka missed FDIs over delayed project planning by state entities – BOI (Category: Breaking News)
Sri Lanka's president is set to slash expenditure when he presents an interim budget on Tuesday to see the crisis-ridden country through the rest of the year, amid discussions with the International Monetary Fund on a bailout package.The post Sri Lanka’s president to cut spending in interim budget appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
- President not informed about appointment of Interim Committee for Sri Lanka Cricket (Category: Breaking News)
- Sri Lanka President says Presidential, Parliamentary Elections will be held in 2024 (Category: Breaking News)
- Interim Budget 2022 passed in Parliament (Category: Breaking News)
- 2023 Budget aimed at long-term, stable economic growth to be presented to Parliament tomorrow (Category: Breaking News)
[…]The post Is Sri Lanka Heading Towards The Myanmar Model Of Governance? appeared first on Colombo Telegraph.
- Government’s Attempt To Redefine The Political Discourse & Direction Through Suppression (Category: Breaking News)
- The Police & Aragalaya Activists In A Time Of Social Upheaval (Category: Breaking News)
- Adopting A Humanist Approach To Empower Youths For National Development (Category: Breaking News)
- Corruption & Lack Of Common-Sense; Presidential Brutalities (Category: Breaking News)
[…]The post A Generational Shift To Face The Crisis In Sri Lanka appeared first on Colombo Telegraph.
- National Council’s Economic Stabilisation Report Is A Welcome Sign (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)
- Budget 2023: A Depth Or Dearth (Category: Breaking News)
by Dr. Gotabhaya Ranasinghe Sri Lanka is blessed with natural resources and scenic beauty. Famed for the hospitality of the friendly people, the country has a lot more to offer than just delicious food, comfortable lodgings, adventurous nature trails, and the green-blue seas.Sri Lanka is facing a grave financial crisis, of which the repercussions are […]
- Private Hospitals Association’s case for employing foreign medical specialists (Category: Business)
- Vida Medical Clinic Redefines Healthcare Experience (Category: Breaking News)
- Arogya 2012 to promote local health sector (Category: Business)
- FSP warns brain drain will cripple healthcare even in urban centres (Category: Breaking News)
ECONOMYNEXT – Sri Lanka’s central bank said it was holding its policy rates at 15.50 percent, while data showed market interest rates are close to twice the rate and private credit and imports falling. Monetary Policy Review: No. 06 – August 2022The Central Bank of Sri Lanka maintains policy interest rates at their current levelsThe Monetary Board of the Central Bank of Sri Lanka...
- Central Bank of Sri Lanka maintains policy interest rates unchanged (Category: Breaking News)
- Sri Lanka policy rate unchanged as market rates rise, money printing warnings (Category: Breaking News)
- Sri Lanka expects inflation to slow, rates unchanged (Category: Breaking News)
- Central Bank expects economy to contract in second half of 2022 as well (Category: Breaking News)
Electricity prices were last hiked in 2013 however were slashed almost by 25% in 2014
- Sri Lanka free trade zone manufacturers alarmed by electricity tariff hike (Category: Breaking News)
- Electricity tariffs to go up by 75 percent (Category: Breaking News)
- Sri Lanka utility regulator approves 75 percent electricity tariff hike (Category: Breaking News)
- Sri Lanka power tariff hike: ministry offers olive branch to protesting monks (Category: Breaking News)
Former Sri Lankan president Gotabaya Rajapaksa arrived in Thailand on Thursday, according to three Reuters witnesses, as he seek temporary shelter in a second Southeast Asian country after fleeing his island nation last month amid mass protests.The post Sri Lanka’s ousted president arrives in Thailand for temporary stay appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Late...
- Gotabaya Rajapaksa advised to remain indoors for security reasons at Bangkok hotel (Category: Breaking News)
- Sri Lanka’s ruling party asks new president to help with ex-leader Rajapaksa’s return (Category: Breaking News)
- Gotabaya Rajapaksa applies for U.S. Green Card, looks to settle back in United States (Category: Breaking News)
- Thailand says former Sri Lanka president seeking visit, not asylum (Category: Breaking News)
[…]The post The Aragalaya & Morality appeared first on Colombo Telegraph.
- Why I Don’t Support The Aragalaya (Category: Breaking News)
- Ranil-Gota Twosome: One Gone, The Other Is Acting Up (Category: Breaking News)
- Futility Of Transforming A Nation Built Over A Political Cesspit (Category: Breaking News)
- Saying No To Authoritarian Governance (Category: Breaking News)
President Gotabaya Rajapaksa’s two years in office – a period of unprecedented political turmoil, uncertainty and further deterioration of Parliament – should be thoroughly examined. In fact, the UNP, with the support of the then President Maithripala Sirisena, paved the way for Gotabaya Rajapaksa’s candidature, at the 2019 presidential election, by blocking Mahinda Rajapaksa’s path […...
- Sri Lanka’s foreign policy dilemma (Category: Breaking News)
- Destabilisation project: ACBC inquiry underway (Category: Breaking News)
- Ranil reveals bid to get rid of him while GR was fleeing to Trinco on board SLNS Gajabahu (Category: Breaking News)
- Shocking claim in House: Bandula reveals how sugar importers, their henchmen trapped Prez (Category: Breaking News)
After the collapse of the Sri Lankan economy, attention has turned to the state of affairs in other South Asian countries such as Pakistan, Bhutan and Bangladesh. All three countries have either curtailed imports or are planning to do so, to salvage their fast-depleting foreign exchange reserves
- Bangladesh secures loans of $4.7 billion from IMF (Category: Breaking News)
- Bangladesh seeks $4.5 billion IMF loan as deficit widens (Category: Breaking News)
- IMF agrees $4.5 billion Bangladesh support programme (Category: Breaking News)
- Emerging Donor (Category: Business)
by Chandre Dharmawardana, chandre.dharma@yahoo.ca. The forex crisis had forced the government to jettison its initial set of economic managers of the Central bank who looked for home-grown solutions and opposed dealing with the International Monetary Fund (IMF). The President re-instated a set of managers whose ideas were more orthodox and aligned with the neo-liberal bankers […]
- IMF chief pleased SL reached staff-level deal for $2.9 billion (Category: Breaking News)
- Harsha hints at Chinese hurdle in debt relief talks (Category: Breaking News)
- Sri Lanka to brief creditors on IMF deal for economic recovery (Category: Breaking News)
- Lanka awaiting assurances from India, China, says Central Bank Governor (Category: Breaking News)
By Anupama Rajput Sri Lankan Lawmakers voted in acting President Ranil Wickremsinghe as the new President on July 20. The six-time Prime Minister was able to garner 134 votes in the 225-member parliament, despite public anger with the ruling elite in the hope that his long experience in government could help pull the country out […]
- Video: HIRU THANIWELA EP 400 (Category: Video)
- Over 400 respond (Category: Breaking News)
- IPO To Raise Rs. 400 mn (Category: Breaking News)
- Video: CoL has increased by 400 percent - Maithri (Category: Video)
by Sean GLEESON and Amal JAYASINGHE (AFP) Lankan security forces demolished the main anti-government protest camp in the capital Friday, evicting activists in a pre-dawn assault that raised international concern for dissent under the crisis-wracked country’s new pro-Western president. Troops and police Special Task Force commandos wielding batons and armed with automatic assault rifles charged on ...
- AKD: Ranil cannot intimidate public (Category: Breaking News)
- JVP demands release of Aragalaya activists detained under PTA, insists there is no evidence agai... (Category: Breaking News)
- Ranil likely to go for presidential poll first – sources (Category: Breaking News)
- Ranil vows to fight ‘Fascists’ (Category: Breaking News)
The International Monetary Fund hopes to complete rescue talks with Sri Lanka “as quickly as possible,” Managing Director Kristalina Georgieva said on Wednesday, hours before the crisis-hit South Asian nation elected a new president. Speaking with Nikkei Asia in Tokyo, Georgieva said the fund was “very deeply concerned about the well-being of the people in […]
- IMF Chief says Sri Lanka a warning sign to world (Category: Breaking News)
- IMF remains very hopeful on Sri Lanka (Category: Breaking News)
- IMF seeks to expand donor coordination to countries like Sri Lanka (Category: Breaking News)
- IMF wants to resolve debt crisis in Sri Lanka (Category: Breaking News)
The International Monetary Fund hopes to complete rescue talks with Sri Lanka "as quickly as possible," Managing Director Kristalina Georgieva said on Wednesday, hours before the crisis-hit South Asian nation elected a new president.The post IMF hopes to complete Sri Lanka aid talks ‘as quickly as possible’ appeared first on ONLANKA News - Sri Lanka News - Latest News in Sri Lanka - Br...
- IMF hopes to complete Sri Lanka aid talks ‘as quickly as possible’ (Category: Breaking News)
- IMF hopes to complete Sri Lanka aid talks as quickly as possible (Category: Breaking News)
- China tells IMF willing to take constructive part in debt talks (Category: Breaking News)
- IMF hopes to complete Sri Lanka aid talks ‘as quickly as possible’ (Category: Breaking News)
Political analysts have predicted Acting President Ranil Wickremesinghe to be the forerunner in the presidential
- Rajapaksa’s party is key to deciding Sri Lanka’s new president (Category: Breaking News)
- Sri Lanka ruling party majority behind Dullas; Sajith to be PM: G L (Category: Breaking News)
- Sri Lanka’s presidential vote – Alahapperuma comes from far behind after Premadasa’s withdrawal (Category: Breaking News)
- Parliament split ahead of Presidential Election (Category: Breaking News)
India will help Sri Lanka stage an “early and effective” economic recovery, Indian High Commissioner in Sri Lanka Gopal Baglay told The Indian Express. To that effect, India, which has helped Sri Lanka with almost $4 billion in aid would, “going forward,” like to bring in “more investment” to help the country build capacities to […]
- Modi congratulates President Ranil Wickremesinghe (Category: Breaking News)
- LIMRA Holdings subsidiary KTI to boost Sri Lanka’s forex earnings with PLEX toys launch in India (Category: Breaking News)
- Tamil Nadu sends another shipment of relief goods to Sri Lanka (Category: Breaking News)
- China accused of using Sri Lanka as a pawn (Category: Breaking News)
Sri Lanka’s opposition leader, who is seeking the presidency next week, vowed Friday to “listen to the people” who are struggling through the island nation’s worst economic crisis and to hold accountable the president who fled under pressure from protesters.The post Sri Lanka’s opposition leader who is seeking the presidency sees tough work ahead appeared first on ONLANKA News - Sri Lanka Ne...
- If elected, will repeal the Online Safety Act – Sajith Premadasa (Category: Breaking News)
- Samagi Jana Balawegaya prepared to take to the streets – Sajith (Category: Breaking News)
- Sri Lanka’s Opposition Leader questions Government’s coal deal (Category: Breaking News)
- Sri Lanka’s Opposition Leader Sajith Premadasa withdraws from Presidential nomination (Category: Breaking News)
Statement signed by 15 Bishops calls for government to take drastic action to tackle economic crisis Lankan bishops have urged the government to provide a relief package for the poor amid the worst economic crisis since independence in 1948.The foreign exchange crisis has led to a shortage of essential commodities while people queue for hours […]
- Lankan bishops seek support for needy (Category: Breaking News)
- Pope Francis implores Lankan leaders to listen to the cries of the people (Category: Breaking News)
- All 225 sitting MPs must share the blame for the present crisis: Ranatunga (Category: Breaking News)
- Pope advises Cardinal not to let up on Easter issue (Category: Breaking News)
Sri Lanka is desperate for fuel and has been requesting for help from many countries.
- President speaks to Putin and asks for credit to get fuel (Category: Breaking News)
- To resume flights, Russia has sought SL assurance of not repeating Aeroflot action-Sirisena (Category: Breaking News)
- Two officials from Russian oil company in Sri Lanka (Category: Breaking News)
- Sri Lanka must not overlook Russia in favour of IMF, says MP Weerawansa (Category: Breaking News)
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