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By DR L M K Tillekeratne Chairman of the National Development Committee of the ACBC It is a well-known fact that one the problems faced by Sri Lanka today is caused mainly by shortage of electricity for domestic purposes and industries. Three decades ago, only 20 % of houses had electricity
- Norochcholai running out of coal: 14-hour power cuts feared (Category: Breaking News)
- Coal power plant to resume operations (Category: Business)
- Sri Lanka to build a 500 MW coal power plant in Sampur (Category: Breaking News)
- A nuclear power plant for Sri Lanka (Category: Breaking News)
Sri Lanka's central bank is likely to maintain interest rates on Thursday in an effort to get a grip on inflation which has remained stubbornly high despite a sharp contraction in the crisis-hit economy.The post Sri Lanka Central Bank to hold rates as inflation worries persist appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka to hold rates as inflation slows slightly, focus on IMF bailout (Category: Breaking News)
- Central Bank of Sri Lanka threatens administrative measures over high market interest rates (Category: Breaking News)
- Sri Lanka’s Central Bank holds policy interest rates at current levels (Category: Breaking News)
- Sri Lanka’s Central Bank to hold rates as inflation stays high (Category: Breaking News)
[…]The post Human Rights Compliant Recovery Measures Critical To Stop Spiraling Hunger & Poverty In Sri Lanka: Amnesty International appeared first on Colombo Telegraph.
- Human rights compliant recovery measures critical to stop spiraling hunger, poverty in Sri Lanka... (Category: Breaking News)
- Sri Lanka urged to ensure adequate nutrition for all pregnant, breastfeeding women (Category: Breaking News)
- AI: Lanka at brink of humanitarian crisis (Category: Breaking News)
- Crisis Deepens Without Rescue Plan (Category: Breaking News)
[…]The post The Paris Club, Dollar Debt Colonialism & Asia’s New “Donors”: Reforming The International Aid Architecture? appeared first on Colombo Telegraph.
- Debt Restructuring As Rocket Science: The IMF, Green, Blue & Pink-Washing BlackRock? (Category: Breaking News)
- ‘Make The Economy Scream’: Whither The Asian 21st Century? (Category: Breaking News)
- Gota Back In The USA & A Chilling Killing: Welcome To 2023 A (Virtual) Realty In A Post-Truth Wo... (Category: Breaking News)
- Alternatives To The IMF & The Future Of The Welfare State: Beyond The Blame Game Between Superpo... (Category: Breaking News)
[…]The post Child’s Guide To Ranilnomics: Need Is Going For IMF Plus appeared first on Colombo Telegraph.
- Child’s Guide To Ranilnomics: Actual Tax Payment Is Not What One Pays Today (Category: Breaking News)
- Child’s Guide To How Ranilnomics Should Be Designed & Implemented (Category: Breaking News)
- Child’s Guide To Ranilnomics: Don’t Ignore The Message Delivered By IPS SOE22 (Category: Breaking News)
- The Magic 2048: What Is To Be Done To Make Ranilnomics A Reality? (Category: Breaking News)
Sri Lanka is struggling to secure dollar earnings and that has threatened its fuel, gas imports.
- Pension Plan (Category: Business)
- State Control (Category: Business)
- Circular issued for state sector workers on taking no-pay leave for foreign jobs (Category: Breaking News)
- When Will Sri Lankan Children Be Prioritized In This Crisis? (Category: Breaking News)
Except 2 sessions, the market has witnessed foreign inflows in last 34 straight sessions.
- Intervention, moral suasion holds up rupee (Category: Breaking News)
- 2010 Net Inflow of Foreign Investments Rs.51.8 bn (Category: Breaking News)
- CBSL to intervene in foreign exchange (Category: Breaking News)
- Sri Lanka to increase rice exports (Category: Breaking News)
Exporters' main challenge is meeting orders due to fuel and power shortages and policy uncertainties.
- Steady Exports (Category: Business)
- Solutions Mechanism (Category: Business)
- Smooth Trade (Category: Business)
- Air Cargo (Category: Business)
Claiming that a recent report indicated that at least 32 Sri Lankan citizens go abroad every hour, Chairman of the National Movement for a Just Society Karu Jayasuriya said it was a sign of a country’s rapid decline.The post Recent report shows 32 Sri Lankans migrate every hour; sign of country’s rapid decline – Karu appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka ...
- Karu Jayasuriya bestowed with the country’s highest civil honour – ‘Sri Lankabhimanya’ Award (Category: Breaking News)
- Sri Lanka President meets Sri Lankan Diaspora in United Kingdom (Category: Breaking News)
- From Anyone But Karu To No One But Karu (Category: Breaking News)
- Former Deputy Leader of Sri Lanka`s main opposition files petition in courts against party decis... (Category: Breaking News)
Sri Lanka is in the process of boosting its tourism amid forex shortage
- Government land policy is fair- Keheliya (Category: Breaking News)
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
The Association of Medical Specialists (AMS) has confirmed that nearly 300 of their members will have to retire from government service on or before 31 December 2022 and their retirement will have an adverse impact on the health sector.AMS President Dr. LakKumar Fernando has, in a letter to Health Minister Keheliya Rambukwella, said the National […]
- Docs petitions challenging decision to enforce retirement at 60: Verdict on Nov 17 (Category: Breaking News)
- GMOA: Even fresh medical graduates leaving country (Category: Breaking News)
- GMOA: 500 doctors have already migrated, 800 on their way out (Category: Breaking News)
- Doctors’ Brain Drain: Health Security Concern In Sri Lanka (Category: Breaking News)
Crisis-hit Sri Lanka is desperately looking for tourism earning to finance its imports
- Lankan exports to Poland increase (Category: Breaking News)
- US$ 150mn additional cost dampens exports (Category: Breaking News)
- Sri Lanka continued strong economic recovery says IMF (Category: Breaking News)
- Sri Lanka police offered Rs. one million reward for information that could lead to an arrest of ... (Category: Breaking News)
Wickremesinghe also met King Charles III on Sunday September 18.
- Sri Lanka president meets Commonwealth secretary general in London (Category: Breaking News)
- Sri Lanka president confident of strengthened ties with UK under new PM Rishi Sunak (Category: Breaking News)
- President urges SL diaspora in the UK to invest in their motherland (Category: Breaking News)
- President returns after London visit (Category: Breaking News)
Tuesday 20th September, 2022 Two Cabinet ministers have crossed swords over rice imports. Trade Minister Nalin Fernando has sought to rubbish Agriculture Minister Mahinda Amaraweera’s recent claim that imported rice should be fed to farm animals as it is unfit for human consumption. Why Fernando has seen red is understandable; the Agriculture Minister’s statement serves […]
- Govt. all hat no cattle (Category: Breaking News)
- Of that high drama (Category: Breaking News)
- Prices of rice likely to increase  Agri. Minister (Category: Breaking News)
- Leading rice miller stops paddy purchasing citing losses, PMB still out of picture (Category: Breaking News)
A food crisis in Sri Lanka looms as the island nation faces its worst economic disaster in decades. With food price inflation higher than 90%, even staples like rice have become almost unaffordable for many Sri Lankans. The World Food Programme (WFP) estimates that about 30% of the population is food insecure and that one out of […]
- Sri Lanka urges farmers to plant more rice amid crisis (Category: Breaking News)
- Sri Lanka to introduce anti-hoarding laws for food stocks – PM (Category: Breaking News)
- FAO to provide Urea, cash for crisis-hit Sri Lankan small-hold farmers (Category: Breaking News)
- As Crisis-Hit Sri Lanka Counts Cost of Chinese Projects, India Moves to Recover Influence (Category: Breaking News)
By Rathindra Kuruwita Those who claimed that privatisation was the panacea for Sri Lanka’s economic ills had to present information about privatise institutions first, Janatha Vimukthi Peramuna (JVP) leader Anura Kumara Dissanayake said on Wednesday at a conference on privatisation of state assets. Dissanayake said that the SLPP had campaigned in 2019 and 2020 on a […]
- AKD: JVP-led NPP will not undermine India’s national security (Category: Breaking News)
- SJB opposes blanket privatisations (Category: Breaking News)
- JVP urges youth not to leave country, but to stay and fight (Category: Breaking News)
- Govt. resorting to uncivilised measures to delay polls – JVP (Category: Breaking News)
"Sri Lanka needs to work collectively to solve the food issue in the face of the global food crisis."
- UN Food Programme, FOA warn Sri Lanka of acute food shortage (Category: Breaking News)
- Food insecurity improves in Sri Lanka but prevails within specific regions- report (Category: Breaking News)
- VIDEO: Sri Lanka debates elephant capture (Category: Breaking News)
- VIDEO: Sri Lanka debates elephant capture (Category: Technology)
The organisations expect the situation to worsen mainly during October 2022 to February 2023.
- Lawmakers take up issue of genetically-altered foods (Category: USA, Washington)
- Tucson Originals holding food drive at its restaurants (Category: USA, Arizona)
- Lithonia Food Thief Strikes Same Homeowner 4 Times (Category: USA, Georgia)
- How long can someone survive in the cold without food? (Category: Technology)
An online crowdfunding platform titled ‘Rebuild Sri Lanka’ launched by the United Nations Development Programme (UNDP) is now live providing the opportunity for global citizens to contribute to alleviating the impacts of the crisis in the island nation, the UNDP said.The facility can be accessed at www.undp.org/srilanka/donate. Sri Lanka is undergoing its worst economic crisis […]
- ÂRebuild Sri LankaÂ- UNDP-led crowdfunding platform launched (Category: Breaking News)
- UNDP launches ‘Rebuild Sri Lanka’ crowdfunding platform (Category: Breaking News)
- UNDP appeals for assistance to help rebuild Sri Lanka (Category: Breaking News)
- Government and UNDP map out SDG investment for private sector to support recovery (Category: Breaking News)
Interested parties can contribute to two ailing sectors: healthcare and food.
- UNDP launches ‘Rebuild Sri Lanka’ crowdfunding platform (Category: Breaking News)
- Helping Hand (Category: Business)
- Rebuild Effort (Category: Business)
- ÂRebuild Sri LankaÂ- UNDP-led crowdfunding platform launched (Category: Breaking News)
Basically there is a limit to what can be shared with the public or parliament
- Sri Lanka opposition reiterates calls for IMF deal to be tabled in parliament (Category: Breaking News)
- Sri Lanka’s JVP gen secy makes dubious claim on IMF deal, says loan “pittance” (Category: Breaking News)
- Rate Controversy (Category: Business)
- Monetary Kudos (Category: Business)
Sri Lanka’s ousted President Gotabaya Rajapaksa, who returned home after seven weeks in exile following protests over economic hardships, could face legal action over forced disappearances of activists now that he has been stripped of constitutional immunity, a lawyer said. Rajapaksa flew to Colombo around midnight Friday from Thailand and was escorted under military guard […]
- Air Force evacuates President Rajapaksa to Maldives (Category: Breaking News)
- MR sees foreign hand in economic crisis (Category: Breaking News)
- President declares State of Emergency (Category: Breaking News)
- SLPP demands protection for Gotabaya (Category: Breaking News)
The Health Ministry spends nearly 40% of the Ministry’s expenditure on medicines to purchase medicines for cancer patients, it was revealed at a meeting with the President.The post Health sector needs an urgent policy change – President appeared first on ONLANKA News :. Sri Lanka Latest Breaking News Updates - Sri Lanka News.
- President stresses need for immediate policy change in health sector (Category: Breaking News)
- Fears patients may reduce hospital visits owing to high prices (Category: Breaking News)
- Shortages leave bankrupt Sri Lanka’s hospitals empty (Category: Breaking News)
- GMOA Presents Proposal to President addressing Healthcare Challenges and Brain Drain (Category: Breaking News)
(PTI) The IMF chief Kristalina Georgieva yesterday (4) said she is pleased the Washington-based lender and the Sri Lankan government have reached a staff-level agreement to provide about $2.9 billion to help the bankrupt country, terming the deal as an “important step forward.” The International Monetary Fund (IMF) on Thursday announced that it will provide […]
- Sri Lanka to brief creditors on IMF deal for economic recovery (Category: Breaking News)
- Lanka awaiting assurances from India, China, says Central Bank Governor (Category: Breaking News)
- IMF says 2.9bn loan bailout for Sri Lanka tied to debt relief from bilateral creditors (Category: Breaking News)
- Lanka crisis would deepen if creditors disagree, IMF says amid China concerns (Category: Breaking News)
Sri Lanka’s High Commissioner in New Delhi, Milinda Moragoda, has declared that the preliminary agreement with the International Monetary Fund (IMF), under which Sri Lanka could receive $2.9 billion to tackle the ongoing economic crisis, is a “first step” in the long haul of economic recovery, but would provide the country and investors “confidence” to […]
- SL must restructure debt and ease import restrictions by year end says Morgoda (Category: Breaking News)
- Milinda: Sri Lanka should stabilise economy, relax import restrictions (Category: Breaking News)
- Sinhala translation of Quran presented to Bharain Ambassador (Category: Breaking News)
- Moragoda and ICCR Prez review Indo-Lanka cultural relations (Category: Breaking News)
Officers’ Association to look into the shortage of drugs in the country was […]
- Health sector needs an urgent policy change – President (Category: Breaking News)
- SMGS Hospital Jammu specializes in treatment of mother and child, faith in facilities attracts p... (Category: Breaking News)
- Japan to provide essential medicines to Sri Lanka through UNICEF (Category: Breaking News)
- Second consignment of Indonesia humanitarian aid arrives in Sri Lanka (Category: Breaking News)
By N Sathiya Moorthy The nation needs to thank Education Minister Susil Premajayantha for his determination to keep all school-going children out of hunger’s grip. Twice in a few days, he has talked about providing free meals to school children. On the second occasion, he went as far as to declare that he was ready […]
- UN notes increase in abuse and violence against children in Sri Lanka (Category: Breaking News)
- UNICEF and Rotary International partner to deliver critical lifesaving supplies to families impa... (Category: Breaking News)
- Learning crisis in Sri Lanka affecting vulnerable children (Category: Breaking News)
- Hiding more than revealing! (Category: Breaking News)
Sri Lanka’s former president, Gotabaya Rajapaksa, who fled the country in July after tens of thousands of protesters stormed his home and office in a display of anger over the country’s economic crisis, has returned to the country after seven weeks.The post Sri Lanka’s ousted president Gotabaya Rajapaksa returns home after fleeing appeared first on ONLANKA News :. Sri Lanka Latest Breaking N...
- Sri Lanka’s ruling party asks new president to help with ex-leader Rajapaksa’s return (Category: Breaking News)
- Gotabaya Rajapaksa will return to Sri Lanka (Category: Breaking News)
- Sri Lanka’s ousted president expected to go to Thailand (Category: Breaking News)
- Gotabaya Rajapaksa concludes holiday in Dubai and returns to Sri Lanka (Category: Breaking News)
The budget is aimed at almost doubling the tax-to-GDP ratio to 15 percent by 2025 from 8.2 percent.
- Deficit Track (Category: Business)
- Sri Lanka aims a 6.2 percent of GDP deficit in 2012 budget (Category: Breaking News)
- Sri Lankan government reduces telecommunication levy (Category: Breaking News)
- JVP Leader punches plenty of holes in govt. (Category: Breaking News)
President Wickremesinghe through interim budget expects 2.5 million tourists in 2023.
- Spending Plan (Category: Business)
- Sri Lanka to issue development bonds to cover the costs of the first quarter of 2010 (Category: Breaking News)
- Sri Lanka can earn more targeting experiences, sustainability (Category: Breaking News)
- Sri Lanka’s president to cut spending in interim budget (Category: Breaking News)
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