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Global investors and Sri Lankan officials expect to start negotiations aimed at restructuring $12 billion in defaulted global bonds next week, Bloomberg News reported on Thursday.The post Sri Lanka to start restructuring talks with investors next week, Bloomberg News reports appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
In the sun-kissed paradise of the Maldives, where azure waters meet golden shores, a cloud of uncertainty looms over the political landscape. President Mohamed Muizzu, once hailed as a beacon of hope for the nation’s future, now finds himself navigating treacherous waters, buffeted by the winds of discontent and economic strain. The recent opening session […]
[…]The post Books & Elections: President Gotabaya Rajapaksa’s Claim Of Foreign Conspiracy appeared first on Colombo Telegraph.
Global investors and Sri Lankan officials expect to start negotiations aimed at restructuring $12 billion in defaulted global bonds next week, Bloomberg News reported on Thursday. A steering committee, comprising of bondholders, will begin talks as they weigh a proposal from the government to rework the overseas debt that has been in default since 2022, […]
If Sri Lanka continues to rely on borrowing to address the imbalance between imports and exports, the nation will inevitably confront another economic crisis within a decade, says President Ranil Wickremesinghe.
[…]The post Why The Sri Lankan Rupee Is Appreciating appeared first on Colombo Telegraph.
While voicing concerns about the Cabinet's decision to amend the current electoral system for parliamentary elections, the People's Action for Free and Fair Elections (PAFFREL) has raised alarm over potential delays in the election process.The post PAFFREL raises Alarm over proposed electoral amendments, warns of Election delays appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top St...
By Shamindra Ferdinando By the time President Gotabaya Rajapaksa had arrived in Singapore in the second week of July 2022, a few days after fleeing Sri Lanka, he firmly believed that then Prime Minister Ranil Wickremesinghe was the only person capable of restoring the rule of law in the country. In the chapter titled ‘The […]
Japanese Ambassador to Sri Lanka, Mizukoshi Hideaki, met with National People’s Power (NPP) leader Anura Kumara Dissanayake at the JVP head office this morning (March 19).The post Japanese Ambassador meets NPP Leader to discuss Economic and Political issues in Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
[…]The post Is It Religious Extremism & Propagated For What? appeared first on Colombo Telegraph.
[…]The post Ranil’s Presidency & The TNA’s Dilemma appeared first on Colombo Telegraph.
[…]The post Inclusion Includes Women appeared first on Colombo Telegraph.
By N Sathiya Moorthy The figure is still low yet for ten per cent of Sri Lankans to indicate a preference for authoritarian rule does not augur well for the nation’s democracy, which is already under multiple pressures. The continuing economic crisis, which some experts say could push the nation back to a 2002-like situation is […]
Sri Lanka’s Government-backed traditional astrologers have failed to unanimously agree on the best date for new year rituals, with squabbling seers warning of “disaster” and accusing rivals of misinterpreting the position of stars. Astrologers are hugely influential figures consulted by the island’s Buddhist and Hindu communities, and their advice for auspicious dates guides everything from [̷...
Public trust in Parliament and political parties has reached an all-time low, with Parliament showing 22 percent public trust and political parties showing 19 percent, says the findings of a recent survey conducted by the Centre for Policy Alternatives (CPA). According to the findings of the survey, titled ‘Survey on Democracy and Reconciliation in Sri […]
The Asian Development Bank (ADB) has approved a $100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis and climate change. “SMEs play a critical role in Sri Lanka’s economy, contributing 52% to the country’s gross […]
The Asian Development Bank (ADB) has approved a $100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis and climate change.The post ADB approves $100 million loan to support SMEs in Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
UNP Gen. Secy. prefers contest between RW and rivals first By Shamindra Ferdinando Commissioner General of the Election Commission (EC) Saman Sri Ratnayake, yesterday (17) said that even if the government decided to advance the parliamentary polls, the coming presidential election could not be postponed. Ratnayake said so when The Island sought his response to SLPP founder […]
The Asian Development Bank (ADB) has approved a $100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis and climate change.
[…]The post Demystification Of The Black Box Involving Money Creation By C.A. Abeysinghe appeared first on Colombo Telegraph.
[…]The post Singapore Has Chosen The 4th Prime Minister appeared first on Colombo Telegraph.
[…]The post Ranil’s Distortion Of Facts About The Sri Lankan Political Scenario In 1977 appeared first on Colombo Telegraph.
[…]The post A Leap Of Faith Awaits appeared first on Colombo Telegraph.
Former President Chandrika Kumaratunga says she is fed up with politics. The former President was asked, at an event, to comment on the current political situation in the country. “Don’t ask me about politics. I am fed up of politics,” she said. There were reports Kumaratunga was working with the Sri Lanka Freedom Party (SLFP) […]
The founder of the Sri Lanka Podujana Peramuna (SLPP), Basil Rajapaksa, hinted at the possibility of the SLPP forming an alliance with President Ranil Wickremesinghe ahead of the upcoming elections. In an interview on Sirasa TV, Rajapaksa said that in his opinion Wickremesinghe has what it takes to lead the country. He also said that […]
By Rathindra Kuruwita Sri Lanka has a 5,000-boat strong high seas fishing fleet which can go up to 2,000 nautical miles away from Sri Lanka, Commander of the Navy, Vice Admiral Priyantha Perera said.In contrast, the Indian fishing industry, while not as technologically advanced, has expanded to a point of being unsustainable, he said. “They […]
Saturday 16th March, 2024 Sri Lankan governments do not respond to early warnings and thereby invite trouble. The Easter Sunday carnage (2019) could have been prevented if the Sirisena-Wickremesinghe government had heeded repeated intelligence warnings of impending terror attacks. It let the grass grow under its feet, and disaster struck. It has now been revealed […]
159 engineers who worked at the Ceylon Electricity Board (CEB) have gone abroad within a two-year period, Dhanushka Parakramasinghe, President of the Engineers Association of the CEB, announced today (March 15).The post 159 CEB Engineers left the country within two years appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
The International Monetary Fund (IMF) has reportedly told the National People’s Power (NPP) that it was unaware of an all-party meeting with President Ranil Wickremesinghe. The President hosted a meeting earlier this week to discuss the IMF proposals but the opposition, except the Illangai Thamil Arasu Katchi, boycotted the meeting. NPP member Sunil Handunnetti said […]
By Saman Indrajith President Ranil Wickremesinghe had told opposition political parties that they would be given an opportunity to meet a high powered International Monetary Fund (IMF) delegation last Monday to discuss the IMF programme, but he had not invited representatives of the IMF to the discussion, National People’s Power (NPP) stalwart and former MP, […]