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By Rathindra Kuruwita Brain drain is the worst manifestation of the country’s economic crisis, Freedom People’s Congress (FPC) member and MP, Prof. G.L Peiris, said on Thursday.Prof. Peiris said that a large number of academics had left state universities. In recent years, the number of students
- University teachers to stage protest opposite UGC today (Category: Breaking News)
- FUTA warns of severe brain drain within universities (Category: Breaking News)
- Sajith: Brain drain has deprived universities of more than 50 percent of their dons (Category: Breaking News)
- Little chance of Lanka becoming knowledge hub: FUTA (Category: Breaking News)
[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? appeared first on Colombo Telegraph.
- Debt Restructuring, Austerity, & The IMF: A Solution Or A Worsening Of The Problem? (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part VI (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part IV (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part III (Category: Breaking News)
Japan has asked Sri Lanka to secure a debt restructure deal with China before any discussion on reviving the Light Rail Transit (LRT) project scrapped by former president Gotabaya Rajapaksa, diplomatic sources said. Foreign minister Yoshimasa Hayashi made it clear during his brief visit to Colombo last week for talks with President Ranil Wickremesinghe that […]
- Japan wants Sri Lanka to repay due for LRT cancellation to resume stalled projects (Category: Breaking News)
- Sri Lanka to revive scrapped Japan-funded LRT project (Category: Breaking News)
- State sector reforms: Herath endorses Ranil’s agenda (Category: Breaking News)
- Japan ready to support debt restructuring – Japanese Ambassador (Category: Breaking News)
[…]The post To Be Realistic, There Are Only Two Options appeared first on Colombo Telegraph.
- The Partnership Between NPP & JVP Must Be Emboldened (Category: Breaking News)
- Ranil’s Economic Strategy: Will His Prioritisation Of Targets Misfire? (Category: Breaking News)
- Is State Owned Temasek A Useful Concept For Sri Lanka? (Category: Breaking News)
- Triangular Contest: To Be Realistic, There Are 3 Options: Response To Prof Kumar David (Category: Breaking News)
Joining China’s Belt and Road Initiative (BRI) project four years ago was a “hasty and disastrous” decision. This statement is from the Minister of Defense of Italy. An interview with Italian Defense Minister Guido Crosetto was published on Sunday, in which he said China’s involvement in the project was a “disastrous decision.” He also explained […]
- China warns against ‘undermining’ Belt and Road plan after Italy withdraws (Category: Breaking News)
- China-Sri Lanka trade agreements ‘speed up’ amidst debt restructuring negotiations (Category: Breaking News)
- China’s BRI leads to debt sustainability problems, excludes locals from decision making in Nigeria (Category: Breaking News)
- Europe’s Growing Skepticism towards China’s Belt and Road Initiative: A Deepening Rift in Global... (Category: Breaking News)
[…]The post Hero Syndrome & Unlawful Acts: Politicians In The Fantasyland Of Omnipotence appeared first on Colombo Telegraph.
- Don’t Shoot The Messenger: Commissions, An “Open Sesame” (Category: Breaking News)
- Fear Corrupts Politicians: Time To Repeal Custom-Made Laws (Category: Breaking News)
- Naked King & The Crumbling State: Seven Decades Of Fake Saviours (Category: Breaking News)
- Failed Economy: Bribery & Corruption To Maintain Power (Category: Breaking News)
The developing Indo-Lanka relations, particularly the process since early 2022 should be examined taking into consideration the significant role played by Sri Lanka’s High Commissioner in New Delhi Milinda Moragoda, who received the Cabinet rank. At the time President Gotabaya Rajapaksa sent the former UNP Minister, one -time close associate of UNP leader Ranil Wickremesinghe, […]
- SLPP rebel MPs urge GR to break his silence on 13 A (Category: Breaking News)
- Prez needs fresh mandate to implement 13 A fully -Opp MPs (Category: Breaking News)
- First things first (Category: Breaking News)
- National elections: Ex-military factor (Category: Breaking News)
Land connectivity is essential for the growth of ties between India and its neighbouring country, Sri Lankan high commissioner to India Milinda Moragoda has said in an interview with The Hindu posted online on July 31, pitching for connectivity projects resembling the “Channel tunnel” from the U.K. to Europe as a possible future initiative if […]
- Ranil’s 13a Diversion & Moragoda’s Monkey Bridge Mantram (Category: Breaking News)
- Milinda pushes for Indo-Lanka strategic-level partnership (Category: Breaking News)
- Sri Lanka notifies Indian rupee as designated currency (Category: Breaking News)
- IMF agreement gives us confidence, grateful to India: Lankan envoy (Category: Breaking News)
Monday 31st July, 2023 French President Emmanuel Macron, who was here briefly, a few days ago, has reportedly pledged his country’s support for Sri Lanka’s debt restructuring process. Other creditor nations, too, have offered to help this country come out of the present economic crisis
- Sri Lankans among the highest-paid foreign employees in Saudi Arabia (Category: Breaking News)
- Saudi Arabia and Sri Lanka agree to strengthen cooperation in several sectors (Category: Breaking News)
- Sri Lanka looks to attract Saudi investment in tourism, energy (Category: Breaking News)
- Saudi Crown Prince receives written message from Sri Lanka President (Category: Breaking News)
[…]The post Target 2048 – Go For Creative Capital And Not For Mere Human Capital appeared first on Colombo Telegraph.
- Target 2048 – Growth Lab Experiment Should Be Converted From A Mere Wish To Ground Level Reality (Category: Breaking News)
- Reforming Education: Target For Creative Capital & Not For Mere Human Capital (Category: Breaking News)
- Target 2048 – Develop A Knowledge-Based Innovative Economy (Category: Breaking News)
- Target 2048 Requires Sri Lanka To Develop A Viable Creative Capital Base (Category: Breaking News)
As Sri Lanka sank deep into its economic crisis last year, dentist Lakmal Kulasekara watched many in his field pack up and leave. No matter how bad things became, he was determined to stay.The post Sri Lanka hit by record brain drain, but some stay to rebuild appeared first on ONLANKA - Sri Lanka
- Police fire tear gas at protestors in Maradana (Category: Breaking News)
- Political reforms need to accompany economic reforms in Sri Lanka – Samantha Power (Category: Breaking News)
- Is the worst over for Sri Lanka’s economic crisis? (Category: Breaking News)
- USAID Administrator Samantha Power arrives in Sri Lanka (Category: Breaking News)
Sri Lanka on Saturday invited Japan to resume investment in projects including power, roads and ports as the Japanese foreign minister wrapped up the first high-level visit to the crisis-hit country in nearly four years.The post Crisis-hit Sri Lanka invites Japan to resume investment appeared
- Japanese Foreign Minister to hold crucial talks in Sri Lanka (Category: Breaking News)
- Japanese foreign minister to arrive in Sri Lanka tonight (Category: Breaking News)
- Japanese Foreign Minister discusses cooperation and regional stability with Sri Lanka President (Category: Breaking News)
- Japanese foreign minister reaches Sri Lanka (Category: Breaking News)
In a veiled attack on China, National Security Adviser Ajit Doval said BRICS could work together on listing terrorists and their proxies under the UN counter-terrorism sanctions regime but emphasised that the process should be free from “politics and double standards.” Ajit Doval made the remarks during the meeting of the National Security Advisers of […]
- Ajit Doval Calls For Transparency On Shared Cross-Border Water Resources (Category: Breaking News)
- At BRICS NSAs’ meeting, Doval calls for need to bolster cooperation against terrorism without an... (Category: Breaking News)
- President Rajapaksa and Ajit Doval focus on regional security (Category: Breaking News)
- President Rajapaksa and Ajit Doval focus on regional security (Category: Breaking News)
By Easwaran Rutnam Japan wants Sri Lanka’s creditors to participate on comparable terms and to also be transparent. The Minister for Foreign Affairs of Japan, HAYASHI Yoshimasa, who was in Sri Lanka today, paid a courtesy call on President Ranil Wickremesinghe. At the outset, President Wickremesinghe welcomed Minister Hayashi’s visit. In response, Minister Hayashi stated […]
- Japanese Foreign Minister to hold crucial talks in Sri Lanka (Category: Breaking News)
- Japanese Finance Minister calls for talks on Sri Lanka (Category: Breaking News)
- Japanese Foreign Minister in Sri Lanka on crucial visit (Category: Breaking News)
- President apologizes to Japanese PM over decision to halt LRT project (Category: Breaking News)
Thursday 27th July, 2023 There have been umpteen all-party conferences (APCs) to explore ways and means of resolving Sri Lanka’s ethnic issues, and the latest one was held yesterday. The Opposition would have the public believe that President Ranil Wickremesinghe has undertaken to devolve more powers to the provinces in a bid to woo the […]
- Constitutional Council replaced: Sri Lanka Parliament Council mooted (Category: Breaking News)
- BASL-JICA controversy: Kaushalya won’t function as BASL President pending inquiry (Category: Breaking News)
- 49th BASL Convocation on Saturday: Kaushalya to be inducted as new Head (Category: Breaking News)
- Machiavellian duplicity (Category: Breaking News)
The International Organization for Migration (IOM) and the International Labour Organization (ILO) with funding support from Japan, has implemented a project to support Sri Lankan migrant workers. Migrant workers were the most affected by the COVID-19 and were at risk of unemployment and non-payment of wages. Sri Lankan migrant workers who opted to return home […]
- Japan, IOM and ILO help protect Sri Lankans from human trafficking (Category: Breaking News)
- IOM assistance sought to repatriate Sri Lankans stranded in Iran (Category: Breaking News)
- More stranded Sri Lankan domestic workers return from Oman (Category: Breaking News)
- Japan supports socioeconomic reintegration of Lankans (Category: Breaking News)
By Shamindra Ferdinando Thilini Kahandawaarachchi, on behalf of the Norwegian Embassy, on July 06, 2023, reminded the media of the closing down of the mission on July 31, 2023. In her capacity as the Senior Political Advisor at the mission, Kahandawaarachchi, stated that with effect from August 1, 2023, the Norwegian Embassy in New Delhi […]
- Vanni war and Israel-Gaza conflict: Funding catastrophes (Category: Breaking News)
- Closure of Norwegian Embassy in Colombo and other matters (Part II) (Category: Breaking News)
- Warm welcome for war crimes agenda architect (Category: Breaking News)
- Post-war deceptions (Category: Breaking News)
Jawaharlal Nehru University facilitates talk on ‘structural genocide’ By Shamindra Ferdinando SLPP MP retired Rear Admiral Sarath Weerasekera yesterday (24) accused Canadian High Commissioner Eric Walsh of backing those propagating separatist sentiments. The former Public Security Minister, who is also the Chairman of the Parliamentary Oversight Committee on National Security, claimed that the HC’...
- Acting Canadian HC summoned over sanctions on ex-Presidents, others (Category: Breaking News)
- Genocide Day’ controversy : SL registers protest with Canadian HC (Category: Breaking News)
- HC Moragoda pushing for land connectivity with India (Category: Breaking News)
- New Indian HC Santosh Jha presents credentials to President (Category: Breaking News)
Monday 24th July, 2023 President Ranil Wickremesinghe has returned from New Delhi with a to-do list given by the Modi government. He will have Big Brother breathing down his neck hereafter. It has been reported that the SLPP-UNP government is planning to hold an all-party conference on the ethnic issue. Some of India’s dictates have […]
- UK, US pressure Lanka to repeal PTA (Category: Breaking News)
- Staff at SL Embassy in Beijing contract COVID-19 (Category: Breaking News)
- The British School in Colombo celebrated Sri Lanka’s 75th year of Independence (Category: Breaking News)
- Myanmar troops rescue eight Lankans from Cyber Criminal Area (Category: Breaking News)
The first two shipments of fuel under the agreement with China’s Sinopec are due to arrive in Sri Lanka in the first week of August, State Minister of Petroleum D.V. Chanaka said.The post First two Sinopec fuel shipments to arrive in Sri Lanka in August appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- First two Sinopec fuel shipments to arrive in August (Category: Breaking News)
- First Sinopec fuel cargo commence discharging (Category: Breaking News)
- Lanka IOC s update on fuel shipment arrival (Category: Breaking News)
- Sri Lanka expecting four fuel shipments this month (Category: Breaking News)
[…]The post 40 Years After The Anti-Tamil Pogrom Of July 1983: Root Causes Remain Unaddressed appeared first on Colombo Telegraph.
- A Reflection On Forty Years Since The ‘Black July’ Anti-Tamil Pogrom In Sri Lanka (Category: Breaking News)
- July 1983 Riot: A Spontaneous Racial Outburst Or Planned Pogrom Or Both? (Category: Breaking News)
- Would Voting For A Tamil Presidential Candidate Polarize The Tamils? (Category: Breaking News)
- Sri Lanka – Nation Building, Devolution and the 13th Amendment – Part II (Category: Breaking News)
Sri Lanka's parliament on Thursday (July 20) approved a new law to improve the independence of the country's central bank, the deputy speaker said, as part of reforms linked to a $2.9 billion International Monetary Fund bailout package.The post Sri Lanka parliament approves bill to boost central bank independence appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Central Bank’s ability to print money limited under new Act (Category: Breaking News)
- ''Central Bank of Sri Lanka '' Bill to provide administrative and financial independence to the ... (Category: Breaking News)
- Cabinet approval granted for new Central Bank of Sri Lanka draft bill (Category: Breaking News)
- Hit Wicket (Category: Business)
Sri Lanka is considering the possibility of allowing the use of the Indian rupee for local transactions, as the island nation struggles to build its depleted foreign reserves and to emerge from last year s unprecedented economic crisis.
(Excerpted from volume ii of the Sarath Amunugama autobiography) During one of my visits to Colombo I got a call to see the President at ‘Breamar’. Gamini Dissanayake had told him of my friendship with Parathasarathy and he wanted me to help him repair the damage done to their friendship due to the abuse heaped […]
- No deal yet on Singapore GP renewal (Category: Business)
- Organisers predict Indian GP sellout (Category: Business)
- Perez shines in unpredictable Malaysian GP (Category: Business)
- Australian GP hails more competitive season (Category: Business)
There is bad news for Beijing from Colombo. President of Sri Lanka Ranil Wickremesinghe has announced that his government will not allow the island nation to be used as a base for threats against India. He has also emphasized that Sri Lanka is a neutral country and has no military agreements with China. In an […]
- Sri Lanka virtually let down by China in securing a $2.9 billion IMF loan in December (Category: Breaking News)
- Sri Lanka to resume debt restructuring talks with China (Category: Breaking News)
- Sri Lanka should prevent Chinese vessel from reaching Hambantota port (Category: Breaking News)
- President urges China to change tune on debt (Category: Breaking News)
In response to a severe debt crisis, the Sri Lankan government is taking prompt action to address the situation. One of the key measures being taken is the expediting of Free Trade Agreement (FTA) negotiations with China. Alongside this, Sri Lanka has expressed a strong interest in joining
- Sri Lanka possibly joining RCEP trade deal: ASEAN (Category: Breaking News)
- Sri Lanka to bag yet another ASEAN MoU (Category: Business)
- ASEAN appreciates efforts taken by Sri Lanka (Category: Breaking News)
- ASEAN, China, other partners sign world's biggest trade pact (Category: USA, South Dakota)
India and Sri Lanka said on Friday that they had agreed to improve economic ties by increasing cooperation in renewable energy and studying the feasibility of building an oil pipeline and a land bridge between the two countries.The post India, Sri Lanka agree to boost ties through energy, power and port projects appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka and India reach agreements on Renewable Energy, Animal Husbandry, and more (Category: Breaking News)
- Infrastructure, energy and debt on agenda as Sri Lanka president arrives in India (Category: Breaking News)
- Indian Prime Minister urges Sri Lankan President to ensure “life of dignity and respect” for Tam... (Category: Breaking News)
- HC Moragoda pushing for land connectivity with India (Category: Breaking News)
Sri Lanka has notified the Indian rupee as a designated currency, Indian External Affairs Ministry Spokesperson Arindam Bagchi said on Thursday (July 20). “In terms of trading in our national currencies, Sri Lanka has already notified India Rupee as designated foreign currency in their system,” Bachi said during a weekly media interaction in New Delhi. […]
- India to push rupee investments in Sri Lanka (Category: Breaking News)
- CB: Indian rupee not ‘legal tender’ in SL (Category: Breaking News)
- Implications of India – Sri Lanka connectivity (Category: Breaking News)
- ‘Is India going to steal land, water and air?’ (Category: Breaking News)
India expects Sri Lanka to implement the 13th Amendment and ensure a life of “dignity and respect” for its Tamil population, said Indian Prime Minister Narendra Modi on Friday (July 21).The post Indian Prime Minister urges Sri Lankan President to ensure “life of dignity and respect” for Tamils appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Indian PM urges SL President to ensure Âlife of dignity and respect for Tamils (Category: Breaking News)
- India-Sri Lanka Economic Partnership & Ethnic Reconciliation (Category: Breaking News)
- Modi tells Ranil to fulfill the aspirations of the Tamils (Category: Breaking News)
- TNA insists on federalism (Category: Breaking News)
Sri Lankan President Ranil Wickremesinghe arrives in New Delhi on Thursday on a two-day visit hoping to strengthen economic ties between the South Asian countries.The post Infrastructure, energy and debt on agenda as Sri Lanka president arrives in India appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka trying to reduce overall debt by $17 Billion, president says (Category: Breaking News)
- India seeks ‘positive transformation’ in bilateral ties during Sri Lanka President’s upcoming vi... (Category: Breaking News)
- Sri Lanka and India reach agreements on Renewable Energy, Animal Husbandry, and more (Category: Breaking News)
- Sri Lanka could wrap up debt restructure talks by Sept, president says (Category: Breaking News)
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