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[…]The post Is Cascading Collapse Unstoppable? appeared first on Colombo Telegraph.
A high-level delegation representing the U.S. Department of the Treasury and the U.S. Department of State arrived in Sri Lanka today. The delegation will be in Sri Lanka from June 26 – 29. Members of the delegation include Robert Kaproth, Deputy Assistant Secretary of Treasury for Asia, and Ambassador Kelly Keiderling, Deputy Assistant Secretary of […]
[…]The post Ranil As PM Till 2025, Opposition Disappears, No End In Sight For Queuing Trauma appeared first on Colombo Telegraph.
[…]The post Why I Don’t Support The Aragalaya appeared first on Colombo Telegraph.
[…]The post Crisis Deepens Without Rescue Plan appeared first on Colombo Telegraph.
The visitors will meet with a wide range of political representatives, economists, and international organizations
A high-level delegation representing the U.S. Department of the Treasury and the U.S. Department of State will visit Sri Lanka from June 26 – 29. Members of the delegation include Robert Kaproth, Deputy Assistant Secretary of Treasury for Asia, and Ambassador Kelly Keiderling, Deputy Assistant Secretary of State for South and Central Asia. The visitors […]
Market has risen throughout the week, but in thin trade.
[…]The post Delays In Justice As A Major Cause Of Economic & Political Catastrophe appeared first on Colombo Telegraph.
"There is no way we can go ahead with the current public sector. The ideal size is 500,000."
Luminex shares fell 1.5% on Thursday.
Views of Milton Friedman, Robert Mundel and how John Greenwood and Alan Walters set up the Hong Kong currency board
Indian delegation comes as Sri Lanka is highly depending on Indian credit line for its fuel and other essentials.
Sri Lanka’s prime minister says the island nation’s debt-laden economy has “collapsed” as it runs out of money to pay for food and fuel. Short of cash to pay for imports of such necessities and...Click on the headline to read the full story
Currency depreciation inflates an economy and imposes a 'hair cut' on domestic debt by reducing purchasing power
Has China subscribed to the economic downfall of Sri Lanka through its alluring loan scheme? Sri Lankans today inherit unviable Chinese infrastructure projects yielding no returns. Have Chinese investments in Sri Lanka done any good to the country? A complex issue posed by many trying to find answers in the present context. These projects, more […]
Sri Lanka has sought the assistance of the European Union in the economic recovery process. As part of the ongoing engagement with 94 concurrently accredited Diplomatic Missions to Sri Lanka from New Delhi, High Commissioner of Sri Lanka to India Milinda Moragoda hosted a group of European Heads of Mission on 21 June 2022 and […]
Sri Lankan casino magnate Dhammika Perera entered parliament on Wednesday with a mandate to revive the bankrupt island nation's wrecked economy - working alongside a premier who once accused him of...Click on the headline to read the full story
Prime Minister Ranil Wickremesinghe informed Parliament today that Sri Lanka was facing the threat of hitting rock bottom. He also said that going to the International Monetary Fund (IMF) is the only option Sri Lanka has to resolve the economic crisis. The Prime Minister said that the aim of the Government is to hold discussions […]
Talks will continue over the next few days with an IMF delegation already in the island nation, he said.
The convertible debentures will accrue interest at a rate of 3% per annum.
[…]The post Sri Lankan Economy Heading Towards A Dangerous Phase appeared first on Colombo Telegraph.
Cinnamon Hotels & Resorts has been playing a key role in driving value in the hospitality industry in innovative ways. In their latest initiative, Cinnamon Hotels & Resorts has entered into a Memorandum of Understanding (MoU) with the Vocational Training Authority (VTA) in an industry-first partnership to uplift human capital. Some of the key objectives […]
[…]The post Lanka’s Quest For Stability appeared first on Colombo Telegraph.
[…]The post What The President Can Do Before He Goes appeared first on Colombo Telegraph.
Sri Lanka is now printing money to pay state worker salaries, despite forex shortages
[…]The post Two Big Lies Told About The 1978 Constitution appeared first on Colombo Telegraph.
O’Neil had also explained her administration's policy regarding maritime security and human smuggling, it said.
Australia today insisted that Sri Lankans who arrive by boat will not be accepted. Home Affairs Minister Clare O’Neil will visit Sri Lanka on Monday as the South Asian neighbour continues to struggle with its economic and humanitarian crises. The trip also follows the interception of multiple asylum seeker boats travelling to Australia from the […]
[…]The post A Child’s Guide To Prema-Chandra Athukorala Chinthana On Import Substitution appeared first on Colombo Telegraph.