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International human rights organisation, Human Rights Watch (HRW) urged Sri Lanka’s major foreign creditors, including China, Japan, and India to help restructure debts and urgently mitigate the adverse human rights impacts of the country’s worst-ever economic crisis.The post Human Rights Watch urges major creditors to help restructure Sri Lanka’s debts appeared first on Sri Lanka News - Lat...
- HRW urges major creditors to help restructure Sri Lanka s debts (Category: Breaking News)
- AI: Lanka at brink of humanitarian crisis (Category: Breaking News)
- Some Sri Lanka creditors seeking debt restructuring deal without China (Category: Breaking News)
- Japan to organize Sri Lanka creditors’ meeting by year-end – report (Category: Breaking News)
Sri Lanka's central bank on Thursday threatened administrative intervention to control high market interest rates that it regarded as out of line with the inflation outlook.The post Central Bank of Sri Lanka threatens administrative measures over high market interest rates appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka resumes rate cuts to boost growth as inflation cools (Category: Breaking News)
- Sri Lanka Central Bank further reduces policy rates (Category: Breaking News)
- Central Bank of Sri Lanka decided to maintain policy interest rates at their current levels (Category: Breaking News)
- Central Bank of Sri Lanka issues order slashing interest rates on lending products (Category: Breaking News)
Sri Lanka’s gross official reserves were estimated at US dollars 1.7 billion as of end October 2022, including the swap facility from the People’s Bank of China, equivalent to around US dollars 1.4 billion, which has certain conditionalities on usability, the Central Bank of Sri Lanka said today. The Central Bank said that the merchandise […]
- Sri Lankan Rupee depreciates even further against the USD (Category: Breaking News)
- Sri Lanka’s liquid reserves continues to remain significantly low (Category: Breaking News)
- Samarasinghe briefs President Joe Biden (Category: Breaking News)
- Ranil denies meeting Arjuna Mahendran in Singapore (Category: Breaking News)
[…]The post National Council’s Economic Stabilisation Report Is A Welcome Sign appeared first on Colombo Telegraph.
- Domestic Debt Restructuring: Another Time Bomb Clicking Down? (Category: Breaking News)
- The Apologetic Custodian Of The EPF Is Also A Victim (Category: Breaking News)
- Child’s Guide To Debt Restructuring: Not A Cakewalk But A Task Entailing Hard Work (Category: Breaking News)
- Ranil’s Biggest Woe: What To Do When Fiscal & Monetary Policies Have Failed & Are Still Falling? (Category: Breaking News)
Sri Lankan President Ranil Wickremesinghe stated that the measures to strengthen the economy under a five-year plan are envisaged in the budget proposal for 2023 which has the potential to bring about a transformative economic change within the period between 2023 and 2027.The post Initial steps taken through budget to strengthen economy under five-year plan – President appeared first on Sri...
- Initial steps taken through budget to strengthen economy under five-year plan- President (Category: Breaking News)
- President says initial steps were taken through the budget to strengthen the economy under a fiv... (Category: Breaking News)
- President says initial steps were taken through the budget to strengthen the economy under a fiv... (Category: Breaking News)
- 2023 Budget aimed at long-term, stable economic growth to be presented to Parliament tomorrow (Category: Breaking News)
The Government noted there is a shortage of staff in Sri Lanka’s Foreign Service. The Ministerial Consultative Committee on Foreign Affairs said that the recruitment of staff to the Foreign Service has not been carried out since 2018. As a result, there is a shortfall of qualified staff
- South Africa and Sri Lanka to strengthen bilateral relations (Category: Breaking News)
- IMF team to visit Sri Lanka in September for first review (Category: Breaking News)
- Tourist zones to be established in Sri Lanka (Category: Breaking News)
- KPIs to review progress of Government officials (Category: Breaking News)
Despite the sharp electricity tariff revision in August, it would not be enough to cover the Ceylon Electricity Board’s (CEB) operating costs, according to Fitch Ratings. The government increased the average electricity tariff by 75 percent in August 2022, amid higher feedstock costs, resulting in large losses for the CEB.The post Tariff hike not enough to cover Ceylon Electricity Board’s op...
- Ceylon Electricity Board’s cash flow falls short despite tariff boost, says Fitch Ratings (Category: Breaking News)
- Ceylon Electricity Board ends financial year 2023 with Massive Profits (Category: Breaking News)
- Ceylon Electricity Board (CEB) makes thumping Rs. 61.2 billion profits last year (Category: Breaking News)
- Cabinet green-lighted electricity tariff hike - CEB (Category: Breaking News)
[…]The post Budget 2023 Will Be The Acid Test Of RW’s Magic Wand appeared first on Colombo Telegraph.
- Domestic Debt Restructuring: Another Time Bomb Clicking Down? (Category: Breaking News)
- Foreign Debt Restructuring: Too Late & Too Short To Get Out Of The Debt Trap (Category: Breaking News)
- Can Sri Lanka Drive Itself From Bankruptcy To Prosperity In 2023? (Category: Breaking News)
- Child’s Guide To Ranilnomics: Proposed Debt Restructuring Will Pose More Issues Than Answers (Category: Breaking News)
By Dr. Ajith Kumara Consultant Physician President, All Ceylon Medical Officers Association Prof. Senaka Bibile is the greatest medical benefactor of humanity that Sri Lanka has hitherto produced. As a student, he was an all-rounder; he excelled in in academic and extracurricular activities including sports and art. He completed his First, Second and Final M.B. […]
- Need urgent measures to save health of citizens (Category: Breaking News)
- How to minimise medical negligence or error (Category: Breaking News)
- National Drug Policy To Be Completed Shortly (Category: Breaking News)
- Without investment into laboratories, SL will be plagued by low quality medicine – Expert (Category: Breaking News)
According to the United Nations’ Committee on World Food Security “Food security is achieved when all people, at all times, have physical and economic access to sufficient, safe and nutritious food to meet their dietary needs and food preferences for an active and healthy life”. The Food and Agriculture Organization (FAO) and World Food Programme […]
- Achieving food security:Integrated plan necessary (Category: Breaking News)
- Poverty, Aswesuma and food security (Category: Breaking News)
- Sri Lanka’s national inflation eases further to 10.8% in June (Category: Breaking News)
- WFP finds 32 percent of Lankan households are food insecure (Category: Breaking News)
Faithful urged to refrain from making Christmas a ‘mere occasion for external celebrations’ Catholic bishops have urged devotees to provide medicines and dry rations for the needy at a time when Sri Lankan is mired in crises.The Catholic Bishops’ Conference of Sri Lanka (CBCSL), in a statement released on Oct. 28, urged people to be […]
- Four Sri Pada pilgrims die of suspected food poisoning; ten other victims hospitalised (Category: Breaking News)
- Fatty Habits (Category: Business)
- President wants cocoa planted on tea estates (Category: Breaking News)
- President proposes meeting of Agriculture Ministers of all countries to evaluate food requiremen... (Category: Breaking News)
[…]The post Child’s Guide To Ranilnomics: Don’t Ignore The Message Delivered By IPS SOE22 appeared first on Colombo Telegraph.
- Child’s Guide To How Ranilnomics Should Be Designed & Implemented (Category: Breaking News)
- Child’s Guide To Ranilnomics: Buddha’s Prescriptions On Governance (Category: Breaking News)
- Child’s Guide To Ranilnomics: Need Is Going For IMF Plus (Category: Breaking News)
- Child’s Guide To Ranilnomics: Actual Tax Payment Is Not What One Pays Today (Category: Breaking News)
Fuel price hike, forex-shortage led long fuel queues help boost LIOC's profits
- Sri Lanka’s IOC unit reports Rs9.9 bn in June 2022 profits (Category: Breaking News)
- Sri Lanka’s NTB profits down 12-pct in March quarter (Category: Breaking News)
- Sri Lanka’s People’s Leasing net down 37-pct in March (Category: Breaking News)
- Sri Lanka’s Sunshine Holdings net up 85-pct in June (Category: Breaking News)
"With this agreement, Sri Lanka and the Netherlands will be able to start direct flights."
The health ministry has informed state hospitals to prioritise emergency cases.
- Govt. To Import Medicines In Bulk (Category: Breaking News)
- Health services “critical”, says Minister – Government seeks life line from professional and for... (Category: Breaking News)
- Quality drugs will be imported from India: Sri Lanka (Category: Breaking News)
- Quality drugs will be imported from India: Sri Lanka (Category: Breaking News)
By SHIHAR ANEEZ Leaving his family and relatives was the hardest decision for Suren. But he had no other option.He never wanted to go abroad for work. An accountant by profession, Suren even had the opportunity to be promoted for a higher post at the private firm he was working at in Colombo. But he was […]
- Half of Lankan families reducing children’s food intake as country slips further into hunger cri... (Category: Breaking News)
- Sri Lankans migrate, work over time, eat less to beat inflation (Category: Breaking News)
- Above 18 voters should open tax files – State Minister (Category: Breaking News)
- National committee to set up to fight campus ragging (Category: Breaking News)
Leaving his family and relatives was the hardest decision for Suren. But he had no other option.The post Sri Lankans migrate, work over time, eat less to beat inflation appeared first on EconomyNext.
- Lankans migrate, work over time, and eat less to beat inflation (Category: Breaking News)
- Half of Lankan families reducing children’s food intake as country slips further into hunger cri... (Category: Breaking News)
- Female applicants for the vacant executioner position in Sri Lanka (Category: Breaking News)
- "Operation Colombo" plan of Rajapaksa has political and economic components (Category: Breaking News)
Sri Lanka approved legislation on Tuesday to let companies from oil-producing nations import and sell fuel as it attempts to cope with a steep oil bill that deepened its worst financial crisis in decades.The post Sri Lanka approves law to liberalize petroleum imports appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Price of 92 Octane Petrol increased in Sri Lanka (Category: Breaking News)
- Fuel consumption in Sri Lanka drops 50% in December (Category: Breaking News)
- First two Sinopec fuel shipments to arrive in Sri Lanka in August (Category: Breaking News)
- National Fuel Pass to be introduced today in Sri Lanka (Category: Breaking News)
The move could allow investors to enter into petroleum products
- No moves to privatize CPC-Susil (Category: Breaking News)
- Sri Lanka petroleum distributor detects substandard jet fuel shipment, averts another fiasco (Category: Breaking News)
- When corruption flows through fuel pumps (Category: Breaking News)
- Dicey Deals (Category: Business)
SriLankan pilots are applying for Qatar Airways, Emirates vacancies after tax hike proposal - sources
- Getting Wings (Category: Business)
- Sri Lanka's national carrier to recruit more pilots (Category: Breaking News)
- Eleven new flyers for SriLankan Airlines (Category: Breaking News)
- New Pilots join the National Carrier. (Category: Breaking News)
The foolish decision of the former President to ban the import of inorganic fertilisers, and other agrochemicals, caused the downfall of our agricultural sector. It has negatively affected the food security of the country, resulting in thousands of people, including children, not getting sufficient food for their maintenance. This situation has forced the present government […]
- WFP aims to reach 3.4 Mn Lankans with food and nutrition assistance (Category: Breaking News)
- Govt still lukewarm in allowing vehicle imports wary of balance of trade (Category: Breaking News)
- Lankan bishops seek support for needy (Category: Breaking News)
- Central Bank instructs further restriction of importing non-essential goods (Category: Breaking News)
Sri Lanka is facing acute shortage of printing material due to forex shortage to import
[…]The post Need To Address Root Causes To Get Out Of Geneva Spotlight appeared first on Colombo Telegraph.
- Government Needs To Commit To More Than Commissions (Category: Breaking News)
- Government Needs To Commit To More Than Commissions (Category: Breaking News)
- Government Needs To Commit To More Than Commissions (Category: Breaking News)
- Government Needs To Commit To More Than Commissions (Category: Breaking News)
Opens phama laboratory
- National Evaluation Policy finally set in motion (Category: Breaking News)
- National Tourism Policy gets green light (Category: Breaking News)
- National Policy on Drinking Water and National Policy on Water Security to be implemented (Category: Breaking News)
- A sub-committee under the chairmanship of the Secretary to the President for the purpose of e... (Category: Breaking News)
Sri Lankan President Ranil Wickremesinghe noted that the country needs a national policy that does not change with every government that comes to power and invited everyone to commit to building the country on one national policy without party differences.The post Sri Lanka needs a National Policy – President appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News...
- President says foreign exchange not sufficient to meet Sri Lanka’s needs (Category: Breaking News)
- Let’s solve economic issues by working within one policy framework – President (Category: Breaking News)
- Sri Lanka President stresses need for new foreign policies (Category: Breaking News)
- 2023 Budget aimed at long-term, stable economic growth to be presented to Parliament tomorrow (Category: Breaking News)
Sri Lankans have lost access to most medicine and medical supplies, setting them on course for a humanitarian disaster, Direct Relief reported. Unlike Russia’s invasion of Ukraine and the recent hurricane batterings of Puerto Rico and Florida, Sri Lanka’s crisis grew slowly and has garnered few international headlines. But Sri Lankans are suffering amid the […]
- Americares donates more than $773,000 USD worth of medical supplies to Sri Lanka (Category: Breaking News)
- US donates medical equipment to Sri Lanka-wide hospitals (Category: Breaking News)
- US based charity sends essential medications to Sri Lanka (Category: Breaking News)
- Sri Lanka seeks bridge financing from Singapore (Category: Breaking News)
The Sapugaskanda Oil Refinery will be closed from today (October 07) due to the shortage in foreign exchange for crude oil cargo, announced Sri Lanka's Power and Energy Minister Kanchana Wijesekera.The post Sri Lanka’s Sapugaskanda oil refinery to be closed due to forex shortage appeared
- Sapugaskanda oil refinery to resume operations next week (Category: Breaking News)
- Sapugaskanda Oil Refinery operations resumes today after two months (Category: Breaking News)
- Forex shortage for crude import forces Sri Lanka to close refinery, but fuel supply intact: mins... (Category: Breaking News)
- Sapugaskanda closed due to shortage in Forex (Category: Breaking News)
Sri Lanka tourism is yet to see large foreign visitors after political crisis ended.
- IPO To Raise Rs. 400 mn (Category: Breaking News)
- Apparel producers decry 400% off-peak electricty price hike (Category: Breaking News)
- US$ 400 m India-SL energy transaction in the pipeline (Category: Business)
- $ 400 m IMF lifeline for struggling Sri Lanka (Category: Business)
The minister said enough fuel stock is available with the state-run Ceylon Petroleum Corporation (CPC)
- ‘Sapugaskanda Oil Refinery’ to become a separate state enterprise (Category: Breaking News)
- ‘Sapugaskanda Oil Refinery’ to become a separate state enterprise (Category: Breaking News)
- Fuel quota to be increased again next month (Category: Breaking News)
- Sapugaskanda oil refinery to commence operations again (Category: Breaking News)
CPC trade unions oppose the move citing that the government is privatizing the state-run firm
- Sri Lanka to table bill that will allow competitors to import petroleum products (Category: Breaking News)
- Sri Lanka plans to allow more fuel distributors (Category: Breaking News)
- Sri Lanka parliament nods to liberalize petroleum sector amid protests (Category: Breaking News)
- Sri Lanka cabinet clears plan allow new foreign fuel distributors (Category: Breaking News)
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