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India’s Minister of External Affairs Dr. S. Jaishankar has urged all Indians to visit Sri Lanka, emphasising the strong ties between the two nations.The post ‘The next time you want to take a holiday, go to Sri Lanka’ – Jaishankar to Indians appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Indian External Affairs Minister Dr. S. Jaishankar to Visit Sri Lanka on June 20, 2024 (Category: Breaking News)
- India has done its best to assist Sri Lanka – Jaishankar (Category: Breaking News)
- India remains committed to assist Sri Lanka in its economic recovery – Jaishankar tells Sabry (Category: Breaking News)
- JVP Leader Anura Kumara meets India’s Foreign Minister S.Jaishankar in Delhi (Category: Breaking News)
Sri Lanka had failed to attract substantial foreign investment in the mining industry during the last 50 years mainly due to the high sovereign risks associated with Sri Lanka, Chirantha Weerawardena, a mining engineer, said during a seminar, titled ‘Blueprint for Developing a Sustainable Sri Lankan Mining Industry by Attracting Foreign Investment,’ organised by the […]
- Cabinet nod for President’s proposal to make Parliament underwrite foreign investment agreements (Category: Breaking News)
- Australia keen to invest in Sri Lanka phosphate, graphite, ilmenite sectors: High Commissioner (Category: Breaking News)
- Govt. accused of giving Indian companies access to Lankans’ biometrics (Category: Breaking News)
- Sri Lanka’s apparel manufacturing industry asserts importance of Vertical Integration, improved ... (Category: Breaking News)
[…]The post Flight Of Human Capital – A Catastrophic Fait Accompli appeared first on Colombo Telegraph.
- Indian HC explains how Covid-19, Russia-Ukraine conflict expanded India’s role in SL (Category: Breaking News)
- Genocide Day’ controversy : SL registers protest with Canadian HC (Category: Breaking News)
- SL economy, IMF claims, and reality (Category: Breaking News)
- New Australian HC launches landmark educational programme (Category: Breaking News)
Indian High Commissioner Santosh Jha has said India and Sri Lanka are natural partners and their interests in matters of security or development are intertwined and interlinked. “The huge potential our partnership holds and the tangible impact it can have on the lives of the common people drives me to work harder to further deepen […]
- Sri Lanka to ink trade deal with India after addressing concerns (Category: Breaking News)
- India assures continued support for SL at Creditors’ Committee along with Japan and Paris Club (Category: Breaking News)
- Sky is the limit for India-Sri Lanka partnership- High Commissioner Baglay (Category: Breaking News)
- ASEAN hints at Sri Lanka s potential entry into RCEP trade deal (Category: Breaking News)
by Lasanda Kurukulasuriya Sri Lanka’s remarks at the meetings of the 19th Summit of the Non Aligned Movement in Uganda, must surely have had observers of international relations, especially relating to West Asia, scratching their heads. President Ranil Wickemesinghe in Kampala on Friday (19 Jan.) said he welcomed the fact that the 19th Summit gave […]
- Sri Lanka Hones Its Balancing Act (Category: Breaking News)
- We don’t have the capacity for a Red Sea deployment on our own (Category: Breaking News)
- Will this massacre of the innocent ever stop? (Category: Breaking News)
- Foreign Ministry urged to advise govt. against Red Sea deployment (Category: Breaking News)
[…]The post Chips Are Everywhere: But Can Sri Lanka Ride The Wave? appeared first on Colombo Telegraph.
- Biden’s order to restrict US investments in China’s tech sector opens new opportunities for India (Category: Breaking News)
- US Chips Act restricts companies from expanding production in China (Category: Breaking News)
- Lanka Adrift In Tempestuous Seas (Category: Breaking News)
- Threats To The Hegemony Of The US Dollar (Category: Breaking News)
[…]The post RW, IMF & The Economy appeared first on Colombo Telegraph.
- IMF’s Prescription: Panacea Or Palliative? (Category: Breaking News)
- IMF, ATA & RW’s Consolidation (Category: Breaking News)
- IMF Economics & 13A Politics: Recipe For Unrest (Category: Breaking News)
- Restructuring The Economy: A Stock Take (Category: Breaking News)
ECONOMYNEXT –President Ranil Wickremesinghe has invited political party leaders in Parliament to discuss the IMF agreement implementation with the fund’s Managing Director. “I am willing to extend an invitation to the Managing Director of the IMF to participate in a collective dialogue here. Let us collaboratively explore different perspectives and propose modifications if deemed beneficial,...
- Sri Lanka’s book publishing industry faces crisis as 18% VAT sparks job losses and closures (Category: Breaking News)
- Indo-Lanka FTA to be revived and upgraded – Prez (Category: Breaking News)
- Prez has final say in making IMF agreement available to MPs (Category: Breaking News)
- President tells Wall Street Journal time not right for Gotabaya to return home (Category: Breaking News)
President Ranil Wickremesinghe extended an invitation to all political party leaders in the Parliament to engage in discussions with the Managing Director of the International Monetary Fund (IMF) on the implementation of the agreement with the IMF. Emphasizing the importance of unity in leading the country to success, he reiterated that withdrawing from the agreement […]
- President invites party leaders for ‘collective dialogue’ with IMF (Category: Breaking News)
- President seeks opposition support to implement IMF deal (Category: Breaking News)
- Sri Lanka to reach IMF staff level agreement, debt restructuring framework by end July: PM (Category: Breaking News)
- Sri Lanka likely to go ahead with new income tax regime, but president “ready to discuss” (Category: Breaking News)
President Ranil Wickremesinghe, addressing the 30th Annual General Meeting of the Lanka Confectionary Manufacturers Association (LCMA) yesterday (24) at Cinnamon Grand Hotel, Colombo emphasized the potential for Sri Lanka to become a global player in the confectionery industry. He encouraged Sri Lankan confectioners to expand their horizons and tap into international markets. The President emphasi...
- President wants cocoa planted on tea estates (Category: Breaking News)
- President Wickremesinghe advocates expansion of Sri Lankan Confectionery Industry and Cocoa cult... (Category: Breaking News)
- President advocates expansion of Sri Lankan confectionery industry and cocoa cultivation (Category: Breaking News)
- Cinnamon cultivation will be expanded under Agricultural Modernization program – President (Category: Breaking News)
Sri Lanka's lawmakers are set to vote on a social media regulation bill on Wednesday which opposition politicians and activists allege will muzzle free speech.The post Sri Lanka votes on new law to regulate online content appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka to amend Online Safety Act (Category: Breaking News)
- United States expresses concern over Sri Lanka’s Online Safety Bill (Category: Breaking News)
- Speaker of Sri Lanka Parliament endorses certificate on Online Safety Bill (Category: Breaking News)
- Second Reading of Online Safety Bill passed in Parliament of Sri Lanka (Category: Breaking News)
The Asia Internet Coalition (AIC) refuted comments made by Public Security Minister Tiran Alles in Parliament of Sri Lanka on Tuesday during the debate on the controversial Online Safety Bill, stressing that the alliance has not been privy to amendments made to the Bill.The post Asia Internet Coalition refutes Public Security Minister’s statement on Online Safety Bill appeared first on ONLAN...
- Sri Lanka warned of impact to foreign investments in digital economy (Category: Breaking News)
- World’s leading tech companies deeply criticize Sri Lanka’s Online Safety Bill (Category: Breaking News)
- Tech giants concerned over Sri Lanka s Online Safety Bill (Category: Breaking News)
- Speaker of Sri Lanka Parliament endorses certificate on Online Safety Bill (Category: Breaking News)
By Hiran H.Senewiratne Sri Lanka’s inflation could rise to 7 percent in January 2024 due to the VAT increase, the Governor of the Central Bank of Sri Lanka (CBSL), Dr. Nandalal Weerasinghe warned. Speaking at a special press briefing held yesterday, Dr. Weerasinghe explained that an increase in inflation is likely due to the increase […]
- CB reduces interest rates by 100 basis points to tackle inflation and ease borrowing costs (Category: Breaking News)
- Price controls to be removed from rupee lending rates from April 1 – CBSL Governor (Category: Breaking News)
- Policy interest rates reduced to enable economy to reach its true potential – CBSL Governor (Category: Breaking News)
- CB reduces interest rates (Category: Breaking News)
The Asia Internet Coalition (AIC) has warned that the Online Safety Bill could impact foreign direct investment into Sri Lanka’s digital economy. The AIC which represents Meta, Apple, Amazon, X (formerly Twitter), Google, Snap Inc and others said that claims by Public Security Minister Tiran Alles
- Controversial Online Safety Bill becomes law (Category: Breaking News)
- Sri Lanka makes first arrest under controversial Online Safety Act (Category: Breaking News)
- Government goes ahead with Online Safety Bill (Category: Breaking News)
- Cabinet gives nod to establish investment zones in North (Category: Breaking News)
Sri Lanka's consumer price inflation rate jumped to 4.2% year-on-year in December driven by rising food prices, official data showed on Monday, although it remains well below record high levels seen at the height of the country's financial crisis.The post Rising food prices drive Sri Lanka inflation up to 4.2% in December appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka’s key inflation rate rises to 1.5% in October (Category: Breaking News)
- Sri Lanka consumer price inflation eases to 53.2% in January but impulses still persist (Category: Breaking News)
- Sri Lanka’s key inflation rate eases to 50.6% in February (Category: Breaking News)
- Sri Lanka’s July consumer inflation more than halves to 4.6% (Category: Breaking News)
By Prof. Amarasiri de Silva Sri Lanka, renowned for its rich cultural heritage and diverse landscapes, is grappling with an unprecedented macroeconomic crisis. This crisis has given rise to acute shortages and sharp increases in the prices of essential products, creating a complex web of challenges. At the heart of this multifaceted crisis lies a […]
- Dairy: The mirage of self-sufficiency (Category: Business)
- Egg prices expected to drop, imports unnecessary from next year – Minister (Category: Breaking News)
- Fix food sectors (Category: Business)
- Achieving food security:Integrated plan necessary (Category: Breaking News)
China’s consumer price index (CPI) fell by 0.3 per cent year on year in December, marking a third consecutive monthly decline amid fears of deflationary risks Concerns have risen that China is facing similar issues to Japan’s so-called lost decades of stagnation China’s falling consumer prices in the fourth quarter have plunged full-year inflation to […]
- China has fallen into a psycho-political funk (Category: Breaking News)
- VAT increase could cause inflation to hit 7 percent in January – CBSL Governor (Category: Breaking News)
- CCPI based headline inflation increases in November 2023 (Category: Breaking News)
- Qatar inflation hits 20-month high in Aug (Category: Business)
[…]The post Election ’24: Rajapaksa Implosion & Ranil’s Red Sea Meddling appeared first on Colombo Telegraph.
- Election Hustling In The South & Boycott Talk In The North (Category: Breaking News)
- May Day Politics: A Pregame To Presidential Election (Category: Breaking News)
- Electing A New Parliament & Ending The Old Presidency (Category: Breaking News)
- Electing A President: Three Against One In The US & Three Against Three In Sri Lanka (Category: Breaking News)
[…]The post A Bleak Forecast For 2024 & Beyond: Politics (Security), Economics & Military appeared first on Colombo Telegraph.
- Russian Presidential Election Results (Category: Breaking News)
- The Ugly New Face Of Terrorism (Category: Breaking News)
- Gathering Storms Cloud On The Horizon; Military, Political, Strategic & Economic Uncertainties A... (Category: Breaking News)
- Threats To The Hegemony Of The US Dollar (Category: Breaking News)
by Dr Amali Wedagedara In Sri Lanka, public policy lost in the neoliberal haze treats the market as a cure for all ills. Not only is the market omnipresent, but it is also omniscient and omnipotent. The charm of the ‘market’ that research and advocacy lobbyists are creating is so alluring that only a few […]
- IMF-led privatisation, land and resource grab in Sri Lanka (Category: Breaking News)
- Taming the ‘monsters’ (Category: Business)
- Dr. Nicholas advises Lanka against swallowing IMF dope (Category: Breaking News)
- Sri Lanka’s crisis seen as highlighting lessons from Greece (Category: Breaking News)
At a discussion at the World Economic Forum (WEF) stakeholder dialogue titled ‘Pulling back from the brink,’ held in Kurpark Village, Aspen, President Ranil Wickremesinghe outlined short-term strategies aimed at revitalizing Sri Lanka’s economy. Emphasizing tourism promotion, agricultural
- Huge Landslide victory to UPFA with over 55 percent of the votes cast (Category: Breaking News)
- President Ranil Wickremesinghe submits draft of ‘Defence Review – 2030’ to the Cabinet (Category: Breaking News)
- President to attend 10th World Water Forum high-level meeting in Indonesia (Category: Breaking News)
- Full Text of State Dept. briefing on President Mahinda Rajapaksa's visit to US (Category: Breaking News)
Labour and Foreign Employment Minister Manusha Nanayakkara yesterday slammed Finance Ministry officials for their failure to protect the fisheries industriy and the fishing community. Addressing a meeting held at his Ministry, Minister Nanayakkara said that as a result of lack of understanding of realities, the Finance Ministry officials had not been able to prepare a […]
- Prez keen to speed up implementation of SLSFTA – State Minister (Category: Breaking News)
- Medicines in short supply: USD 18.6 mn received from WB (Category: Breaking News)
- 202,562 vacancies in public sector (Category: Breaking News)
- Belgium invited to invest in Trinco, Galle ports (Category: Breaking News)
[…]The post Minorities & System Change appeared first on Colombo Telegraph.
- Economics Of Recovery & Politics Of Reconciliation (Category: Breaking News)
- Monk’s Imprisonment: Aragalaya Victory No. 2 (Category: Breaking News)
- IMF’s Prescription: Panacea Or Palliative? (Category: Breaking News)
- Aragalaya, Political Buddhism & Ranilocracy (Category: Breaking News)
Sajith says govt.’s impending electoral defeat cannot be reversed through constitutional means By Shamindra Ferdinando The National Movement for Social Justice (NMSJ) has urged the Wickremesinghe-Rajapaksa government to put off the two-day debate on the proposed Online Safety Bill scheduled for January 23 and 24th. The NMSJ, led by former Yahapalana speaker Karu Jayasuriya, has […]
- Tech giants concerned over Sri Lanka s Online Safety Bill (Category: Breaking News)
- SJB and SLPP move SC against Online Safety Bill (Category: Breaking News)
- Another petition filed challenging Online Safety Bill (Category: Breaking News)
- Parliament to debate the Online Safety Bill today (Category: Breaking News)
Public Security Minister Tiran Alles has explained the ongoing ‘Yukthiya’ operation to members of the Colombo-based diplomatic community. The Geneva-based United Nations Human Rights Commission has jumped to question the government operation. The Foreign Ministry said that Minister Alles provided an update on the progress made by the special operation against drug menace and underworld […]
- Office for National Unity and Reconciliation Bill to be taken up next Tuesday (Category: Breaking News)
- Canada urged again not to repeat genocide lie (Category: Breaking News)
- Foreign Secy. underscores significance of economic partnership with the UK (Category: Breaking News)
- Wimal: SIS to be placed under CIA (Category: Breaking News)
By M. Rodwan Abouharb Associate Professor in International Relations, UCL and Bernhard Reinsberg Reader in Politics, University of Glasgow Sri Lanka received a bailout from the International Monetary Fund (IMF) in March amid soaring inflation, debt and a sovereign default. In exchange for US$3 billion (£2.4 billion), the government committed to spending cuts and tax […]
- 2024: An election year and global trends (Category: Breaking News)
- Where have millions of USD invested in good governance and accountability projects et al gone? (Category: Breaking News)
- Costly UNDP ‘lessons’ for Parliament (Category: Breaking News)
- All praise for Lanka’s saviours! (Category: Breaking News)
[…]The post Economy 2024: More Challenging Than The Two Previous Years appeared first on Colombo Telegraph.
- Colombo University Business Economic Summit 2024: Keynote Address (Category: Breaking News)
- The Magic 2048: What Is To Be Done To Make Ranilnomics A Reality? (Category: Breaking News)
- Navigating The Economic Reawakening & Sustainable Growth (Category: Breaking News)
- SOE 2023: IPS Offers Some Inputs To Proposed Growth Lab (Category: Breaking News)
By Saman Indrajith Forty-eight-year-old Batticaloa District MP Sivanesathurai Chandrakanthan, popularly known as Pillayan, has been shaping the Eastern Province’s political narrative since he was a teenager. He was just 16-years old when he joined the LTTE in 1990 as a child soldier. Since then, he continued to rise in the ranks of the LTTE until […]
- Lanka needs a national liberation movement, not mere regime change:Anura Kumara Dissanayake (Category: Breaking News)
- R. Sampanthan: ‘We cannot go on like this’ (Category: Breaking News)
- Ranil likely to go for presidential poll first – sources (Category: Breaking News)
- Minister warns of emerging racism ahead of elections (Category: Breaking News)
During a meeting between President Ranil Wickremesinghe, Sri Lankan authorities and the International Monetary Fund (IMF) on Thursday (11), the IMF congratulated the country on completing the first review under its program. The IMF highlighted the positive start of the program, recognizing the challenging reforms undertaken by Sri Lanka and their significant impact on the […]
- IMF applauds the country’s significant progress in implementing economic reforms (Category: Breaking News)
- Report Card (Category: Business)
- On Track (Category: Business)
- IMF applauds Sri Lanka’s significant progress in economic reforms (Category: Breaking News)
The International Monetary Fund (IMF) applauds Sri Lanka on significant progress in implementing economic reforms.The post IMF applauds Sri Lanka’s significant progress in economic reforms appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- IMF applauds the country’s significant progress in implementing economic reforms (Category: Breaking News)
- IMF applauds the country’s significant progress in implementing economic reforms (Category: Breaking News)
- IMF says talks with Sri Lanka make significant policy progress (Category: Breaking News)
- IMF program is exhibiting promising signs of efficacy – IMF Mission Chief for Sri Lanka (Category: Breaking News)
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