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China’s efforts to gain the space it lost in Sri Lanka to India have hit yet another stumbling block after it vehemently opposed the invitation to Tibetan Buddhist spiritual guru Dalai Lama. Sri Lanka is a Buddhist-majority country and China’s record of treatment of religious minorities especially Tibetan Buddhists has not been good. China’s image […]
Sri Lanka's Central Bank Governor Dr. Nandalal Weerasinghe said regardless of the future elections, he wants to see a continuation of the economic reform path the country has embarked on, as it is the only way to come out of the current crisis.The post Sri Lanka’s Central Bank insists on staying on reform path regardless of election outcome appeared first on Sri Lanka News - Latest Breaking ...
Sri Lanka was found to be more corrupt in 2022 than it was in the year 2021, according to the 2022 Corruption Perceptions Index (CPI). The 2022 Corruption Perceptions Index (CPI) released by Transparency International saw Sri Lanka’s rankings drop by 1 point in 2022 from the year 2021. The CPI has ranked Sri Lanka […]
India and Sri Lanka have been able to address the impact of a Chinese surveillance vessel’s visit to Hambantota port last year and Colombo is looking to New Delhi to help drive economic recovery through investments in key sectors such as energy, Sri Lankan envoy Milinda Moragoda said.The post Jaishankar’s visit reset bilateral relations, says Sri Lankan envoy appeared first on Sri Lanka News...
[…]The post Will India Be The Game Changer For RW? appeared first on Colombo Telegraph.
Any government which was detached from people's true aspirations cannot bring in economic recovery through measures such as imposing taxes, National People Power (NPP) leader Anura Kumara Dissanayake said yesterday.The post Government detached from people’s aspirations cannot bring in economic recovery – Anura appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLAN...
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 […]
Indian Minister of External Affairs, S. Jaishankar, said in Colombo on Friday that the energy security is one of Sri Lanka’s most serious challenges and a solution must encompass the larger region.He said Sri Lanka has enormous renewable energy potential that can become a sustainable source of revenue while Trincomalee can be an energy hub. […]
Suggests making Trinco an energy hub Energy security is one of Sri Lanka’s most serious challenges and a solution must encompass the larger region, S. Jaishankar, Minister of External Affairs of India, said yesterday, in Colombo.He said Sri Lanka has enormous renewable energy potential that can become a sustainable source of revenue, while Trincomalee can […]
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...
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...
India has told the International Monetary Fund (IMF) to clear the way for Sri Lanka to move forward, India’s External Affairs Minister Dr. S. Jaishankar said today. He told reporters in Colombo that India has given the IMF financing assurances to clear the path for Sri Lanka. “India decided not to wait on others but […]
The United Kingdom and Sri Lanka had broad discussions which focused on the economy and reconciliation as well as other issues. Secretary of the Ministry of Foreign Affairs Aruni Wijewardane and Permanent Under Secretary of the Foreign, Commonwealth and Development Office (FCDO) of the United
[…]The post The Case For (And Against) Anura Kumara Dissanayake appeared first on Colombo Telegraph.
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.
Ahead of the inauguration of Nepal’s new Pokhara airport, in a surprise announcement on Saturday, the Chinese Embassy in Kathmandu tweeted, “This (Pokhara airport) is the flagship project of the China-Nepal Belt and Road Initiative (BRI) cooperation,” writes Anil Giri, in The Kathmandu Post. Notably, Nepal Prime Minister Pushpa Kamal Dahal on Sunday inaugurated the country’...
[…]The post Is Sri Lanka Still The “Pedophile’s Pleasure Center?” appeared first on Colombo Telegraph.
[…]The post President RW’s Priority In 2023 appeared first on Colombo Telegraph.
(AFP)Sri Lanka on Thursday welcomed the first Russian travellers aboard a new flight service that was launched after the bankrupt nation urged Moscow to help revive its beleaguered economy by sending tourists. Russia was Sri Lanka’s biggest source of visitors at the start of the year but arrivals
[…]The post Why Sri Lanka Needs A Presidential Secretariat On Blue Economy Or National Center For Ocean Resources Analysis appeared first on Colombo Telegraph.
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.
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 […]
[…]The post Transforming Northern Province Into Multibillion Economy appeared first on Colombo Telegraph.
President Ranil Wickremesinghe instructed officials to take immediate steps to develop the Ella tourist area according to a grand comprehensive plan.The post Ella Tourism Zone will be developed under a grand plan – President appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
President Ranil Wickremesinghe said that hunger has no party or colour and that everyone should come together to make the food security program a success in order to face the future food shortage as a strong country.The post Everyone should unite to make food security program a success – President appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
promotion and collaboration on climate change and green economy while continuing […]
By Hiran H.Senewiratne ‘2023 would be one of the best recovery years for Sri Lanka and tourism will support rebuilding the economy. Aggressively promoting Indian tourism into Sri Lanka will serve that purpose to some extent, Minister of Tourism Harin Fernando said. “Sri Lanka is looking
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
Sri Lanka s tourism minister Harin Fernando is optimistic that the Lanka Premier League (LPL) 2022 will help in boosting the country s economy and will instil confidence among others to come here and enjoy the natural beauty of the island nation.
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