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the island nation’s recovery from the unprecedented economic crisis as it is […]
- Developing plans and policies without young people is a futile exercise: UNICEF Sri Lanka (Category: Breaking News)
- Urgent measures needed to halt exodus of skilled personnel (Category: Breaking News)
- UNDP, EU assistance to equip tourism industry for sustainable future (Category: Breaking News)
- OPA panel discussion: The Role of Domestic Aviation in Sri Lanka Tourism (Category: Breaking News)
World Bank Chief David Malpass during a meeting with President Ranil Wickremesinghe, encouraged the President to continue engaging with Sri Lanka’s official bilateral and private sector creditors to promptly agree on debt restructuring.The post Continue engaging with Sri Lanka’s official bilateral, private sector creditors – World Bank Chief tells Ranil appeared first on Sri Lanka News...
- World Bank assures Sri Lanka support (Category: Breaking News)
- World Bank calls for quick restructuring of Sri Lanka’s debt (Category: Breaking News)
- Japan, India and France launch creditors meeting on Sri Lanka debt (Category: Breaking News)
- Fitch Ratings calls for political stability in Sri Lanka (Category: Breaking News)
The World Bank has assured Sri Lanka support to rebuild the economy. World Bank Group President David Malpass met President Ranil Wickremesinghe in Sharm el-Sheikh, Egypt on the sidelines of the COP27 climate change conference. Malpass and President Wickremesinghe discussed the challenging macroeconomic and social situation in Sri Lanka and the urgent need to stabilize […]
- Continue engaging with Sri Lanka’s official bilateral, private sector creditors – World Bank Chi... (Category: Breaking News)
- World Bank calls for quick restructuring of Sri Lanka’s debt (Category: Breaking News)
- Ranil proposes establishing international climate change university in Sri Lanka (Category: Breaking News)
- World Bank calls on Sri Lanka to stay the course on reforms (Category: Breaking News)
Dozens of state-owned Sri Lankan companies employing tens of thousands of people could be restructured or closed as part of an IMF bailout of the bankrupt country, with the country's airline top of the list for reform.The post Turbulence ahead: Airline on the block in Sri Lanka reforms appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- SriLankan Airlines obtains Government’s approval to recruit foreign pilots (Category: Breaking News)
- Sri Lanka’s airline posts US $ 525 million annual loss (Category: Breaking News)
- SriLankan CEO believes ‘worst is over’, expects $50 Million profit next year (Category: Breaking News)
- SriLankan Airlines returns to profit amid privatization efforts (Category: Breaking News)
By Ifham Nizam The Centre for Environmental Justice (CEJ) Director and Senior Advisor Hemantha Withanage has brought to the attention of the Asian Development Bank (ADB) President Masatsugu Asakawa destruction that elephants are wreaking due to the Moragahakanda and Upper Elahera projects built with ADB funds. “We would like to bring to your attention the […]
- Thondaman to announce new tariff structure in line with ADB project (Category: Breaking News)
- Part of USD 200 mn ADB loan spent on cash assistance scheme for paddy farmers (Category: Breaking News)
- Safari operators causing trouble to elephant “Gathering” in the Minneriya Park (Category: Breaking News)
- Wide ranging rackets benefiting CEB engineers (Category: Breaking News)
At least 5.7 million people (26% of the population) in Sri Lanka require humanitarian assistance at the moment, the United Nations Office for the Coordination of Humanitarian Affairs (OCHA) says.The post At least 5.7 Million people in Sri Lanka require humanitarian assistance – UN agency appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- At least 5.7 Mn people in Sri Lanka require humanitarian assistance- UN agency (Category: Breaking News)
- UNFPA appeals for over 10 million dollars to assist Sri Lanka’s vulnerable women (Category: Breaking News)
- UN official to highlight Sri Lanka’s humanitarian needs during upcoming visit (Category: Breaking News)
- Australia to provide 25 mn USD in additional emergency aid to Sri Lanka (Category: Breaking News)
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 […]
- Police fire tear gas and water cannons on IUSF students (Category: Breaking News)
- Protest to mark 50 days of Galle Face struggle (Category: Breaking News)
- Protest march held to mark 50 days of Galle Face struggle (Category: Breaking News)
- Man walking from Thalawakele to Colombo to support protest (Category: Breaking News)
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 […]
- Full Speed (Category: Business)
- Network Effort (Category: Business)
- A Budget for all! (Category: Business)
[…]The post The 22nd A (Now 21A) Could Lead To Another Constitutional Cum Political Crisis appeared first on Colombo Telegraph.
- 22nd Amendment: People Are Never Fooled (Category: Breaking News)
- President Resists Independent Review Of His Nominees To High Posts By Constitutional Council (Category: Breaking News)
- Restoring Parliamentary Government (Category: Breaking News)
- SC On 22A – Part II: Enhancing The Constitution’s Rigidity (Category: Breaking News)
"Do not increase taxes for IT, or for tourism," said Premadasa.
- Sri Lanka likely to go ahead with new income tax regime, but president “ready to discuss” (Category: Breaking News)
- Sri Lanka president, main opposition SJB to hold talks on August 05 (Category: Breaking News)
- Sri Lanka main opposition demands to know if COPE, COPA chairs will be theirs (Category: Breaking News)
- Sri Lanka PM must present fiscal consolidation plan, go for SOE reform: opposition MP (Category: Breaking News)
India’s Union Minister of State for Defence and Tourism Ajay Bhatt says Sri Lanka was in such a bad economic crisis that its security forces were unable to pay the nominal fees for training exercises in India. Bhatt, who was speaking at a session on ‘AatmaNirbharta in Defence R&
- Sri Lankan security forces couldn’t pay training fees to India: MoS Defence (Category: Breaking News)
- India makes it happen, enters the multi-billion dollar defence market (Category: Breaking News)
- Sri Lankan security forces couldn t pay training fees to India- MoS Defence (Category: Breaking News)
- India closely monitoring Chinese ship in Hambantota (Category: Breaking News)
Emphasising on the need to attain self-reliance, India’s Minister of State for Defence and Tourism Ajay Bhatt said Sri Lanka was in such a bad economic crisis that its security forces were unable to pay the nominal fees for training exercises in India.The post Sri Lankan security forces couldn’t
- Sri Lankan security forces couldn t pay training fees to India- MoS Defence (Category: Breaking News)
- Sri Lankan security forces couldn’t pay training fees to India (Category: Breaking News)
- India makes it happen, enters the multi-billion dollar defence market (Category: Breaking News)
- Sri Lankan Tri-Forces engage in Anti-Human Trafficking training led by Defence Secretary (Category: Breaking News)
Emphasising on the need to attain self-reliance, India s Minister of State for Defence and Tourism Ajay Bhatt said Sri Lanka was in such a bad economic crisis that its security forces were unable to pay the nominal fees for training exercises in India.
Japan is working to organise a meeting of Sri Lanka’s creditors by the end of this year in hopes of solving that country’s debt crisis, the Japan News (By Yomiuri Shimbun) has learned.The post Japan to organize Sri Lanka creditors’ meeting by year-end – report appeared first on Sri
- Japan, India and France launch creditors meeting on Sri Lanka debt (Category: Breaking News)
- Tokyo will coordinate with other Sri Lanka creditors on debt (Category: Breaking News)
- Japan set to do its part over Sri Lanka debt woes – Finance Minister (Category: Breaking News)
- Some Sri Lanka creditors seeking debt restructuring deal without China (Category: Breaking News)
Japan is working to organize a meeting of Sri Lanka’s creditors by the end of this year in hopes of solving that country’s debt crisis, The Yomiuri Shimbun has learned. The meeting, which will discuss such issues as finding ways to reduce debt payments, aims to curb China’s influence by helping Sri
- by Arundathie Abeysinghe U.S., Japan, India and Australia ready to intervene to prevent Sri Lank... (Category: Breaking News)
- Japan puts preconditions to support Sri Lanka’s debt issue (Category: Breaking News)
- Sri Lanka could wrap up debt restructure talks by Sept, president says (Category: Breaking News)
- Japan to organize Sri Lanka creditors’ meeting by year-end – report (Category: Breaking News)
[…]The post Go Set A Watchman appeared first on Colombo Telegraph.
- Qualified Candidates Essential For System Change (Category: Breaking News)
- Chasing The Mirage Of National Reconciliation (Category: Breaking News)
- What Is To Be Done? – Anura Kumara Dissanayake (Category: Breaking News)
- Musings On A New Constitution (Category: Breaking News)
Trincomalee District Strategic Development Plan is not targeting elections, but a project that has been initiated to benefit future generations, Sri Lankan President Ranil Wickremesinghe said.The post Trincomalee District Strategic Development Plan not targeting elections, but a project to benefit future generations – President appeared first on Sri Lanka News - Latest Breaking News in Sri L...
- Sri Lanka to work with India to make Trincomalee an energy hub (Category: Breaking News)
- Trincomalee District Strategic Development Plan not targeting elections, but a project to benefi... (Category: Breaking News)
- Sri Lanka President reveals strategic roadmap to transform ‘Arugam Bay’ into a high-income touri... (Category: Breaking News)
- Cultivate on all arable agricultural lands – President (Category: Breaking News)
Sri Lanka is to work with India to make Trincomalee an energy hub, President Ranil Wickremesinghe said. President Wickremesinghe said that the Trincomalee District Strategic Development Plan is not targeting elections, but a project that has been initiated to benefit future generations. He said that Sri Lanka values India’s assistance in implementing the Trincomalee District […]
- Trincomalee District Strategic Development Plan not targeting elections, but a project to benefi... (Category: Breaking News)
- Government to push ahead with plan for Trincomalee Port (Category: Breaking News)
- Infrastructure, energy and debt on agenda as Sri Lanka president arrives in India (Category: Breaking News)
- Sri Lanka to focus on energy, port projects with India during presidential visit (Category: Breaking News)
Sri Lanka will remain a middle-income country but request the World Bank to grant it some loans generally offered to poorer nations, the president's office said on Tuesday, clarifying a cabinet spokesperson's earlier comments on the matter.The post Sri Lanka to keep ‘middle-income’ status but seek concessional loans appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka -...
- Sri Lanka has asked to be de-gradudated to get IDA loans from World Bank (Category: Breaking News)
- Sri Lankan President proposes ADB to establish International University on Climate Change in Sri... (Category: Breaking News)
- Sri Lankan President explains Government’s tax policy while revealing the cause of inflation (Category: Breaking News)
- Proposal for Sri Lanka to downgrade itself to low-income country (Category: Breaking News)
Sri Lanka tourism is yet to see large foreign visitors after political crisis ended.
- IPO To Raise Rs. 400 mn (Category: Breaking News)
- Apparel producers decry 400% off-peak electricty price hike (Category: Breaking News)
- US$ 400 m India-SL energy transaction in the pipeline (Category: Business)
- $ 400 m IMF lifeline for struggling Sri Lanka (Category: Business)
Sri Lanka also hit by import control
- Neighbourly Investment (Category: Business)
- Ocean Quake (Category: Business)
- More than a quarter of Lankans living in poverty – World Bank (Category: Breaking News)
- Sri Lanka bourse slips ahead of policy rates, IMF (Category: Breaking News)
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
- Depth of crisis affirms Sri Lanka needs new economic development model: World Bank (Category: Breaking News)
- World Bank approves Sri Lanka’s eligibility to access concessional financing (Category: Breaking News)
- World Bank approves $150 million to strengthen financial sector in Sri Lanka (Category: Breaking News)
- No new financing to Sri Lanka until macroeconomic policy framework is ready – World Bank (Category: Breaking News)
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
- World Bank approves Sri Lanka’s access to concessional financing (Category: Breaking News)
- Bangladesh expects Sri Lanka to repay $200 million by March 2023 (Category: Breaking News)
- World Bank suspends financing to Sri Lanka (Category: Breaking News)
- IMF reiterates prior actions Sri Lanka must take to approve funds (Category: Breaking News)
‘Previous govt. printed money excessively’ By Saman Indrajith The government would start discussions on debt restructuring with China in earnest after the 20th National Congress of the Chinese Communist Party that starts on 16 October, President Ranil Wickremesinghe said yesterday in Parliament.The President added that preliminary discussions with China had already begun. “Japan has agreed [...
- Lanka will discuss debt restructuring separately with China-minister (Category: Breaking News)
- High interest rates keeping businesses afloat – CB Governor (Category: Breaking News)
- Govt. should not deviate from agenda of national needs in discussions to find solutions to crise... (Category: Breaking News)
- Govt. finally allows Chinese ship visit (Category: Breaking News)
The card can be topped up in increments of 50 US dollars up to US$300
- Price Balance (Category: Business)
- Petrol Hike (Category: Business)
- Fuel prices increased in Sri Lanka (Category: Breaking News)
- Fuel Protests (Category: Business)
Tourism authorities had anticipated one million arrivals generating a revenue of 1.8 billion dollars.
- Tourism to be top forex earner in 2016 (Category: Breaking News)
- Sri Lanka Tourism looks for high spenders (Category: Breaking News)
- Revenue from Tourism increases (Category: Breaking News)
- 60,000 TOURISTS ARRIVE IN FIRST 16 DAYS OF JANUARY (Category: Breaking News)
A look at global debt statistics would show that almost all countries, irrespective of their economic status, obtain loans. The USA, the second richest country on the basis of PPP index, has a debt burden of more than 100% of their GDP, which is much more than some of the developing countries such as Brunei […]
- Forbes: Lanka, Pakistan and Maldives among biggest debt burdens to China (Category: Breaking News)
- Debt Trap Lessons (Category: Breaking News)
- Central Bank eyeing USD 8 -10 billion currency reserves in 3-4 years (Category: Breaking News)
- Ranawaka: It’s possible to prosecute those who bankrupted country (Category: Breaking News)
September tourist arrivals have plunged to lowest in 11 months.
- Sports Draw (Category: Business)
- Sri Lanka Marks First Anniversary of Civil War End (Category: Breaking News)
- Sri Lanka Marks First Anniversary of Civil War End (Category: Breaking News)
- Sri Lanka Marks First Anniversary of Civil War End (Category: Breaking News)
[…]The post Human Rights Compliant Recovery Measures Critical To Stop Spiraling Hunger & Poverty In Sri Lanka: Amnesty International appeared first on Colombo Telegraph.
- Human rights compliant recovery measures critical to stop spiraling hunger, poverty in Sri Lanka... (Category: Breaking News)
- Sri Lanka urged to ensure adequate nutrition for all pregnant, breastfeeding women (Category: Breaking News)
- AI: Lanka at brink of humanitarian crisis (Category: Breaking News)
- Crisis Deepens Without Rescue Plan (Category: Breaking News)
The Sri Lanka Institute of Marketing (SLIM) says that nation branding will be the solution for the prevailing economic crisis.SLIM President Nuwan Gamage addressing a press conference in Colombo yesterday said that the country could face the challenges of the economic crisis by paving
- SLIM delegates shine at Philippines National Marketing Conference (Category: Breaking News)
- SLIM-Nielsen Peoples Awards gives voice to the people (Category: Breaking News)
- Tilan becomes youngest SLIM President (Category: Business)
- SLIM steps in to assist new inventors (Category: Business)
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