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The Central Bank of Sri Lanka (CBSL) has warned of stern action against market players who fail to fully comply with foreign exchange regulations. Issuing a statement, CBSL said that the bank and the Government have been implementing several measures to ease the burden of the current economic hardships on the people. One major factor […]
- Central Bank assures foreign exchange to import essential goods (Category: Breaking News)
- CBSL reiterates importance of ‘fair play’ by all stakeholders of economy in countering economic ... (Category: Breaking News)
- Indian Rupee not a legal tender in Sri Lanka for domestic payments (Category: Breaking News)
- Sri Lanka further relaxes Foreign Exchange Regulations (Category: Breaking News)
Hambantota in southern Sri Lanka housed ousted President Gotabaya Rajapaksa following the recent crisis, until he was forced to flee the country entirely. That continues a trend of the city, and especially its strategic deep-sea port, being in the news for all the wrong reasons. In 2017, when Sri Lanka found itself struggling to make […]
- Over 400 respond (Category: Breaking News)
- IFC to provide $400 million to banks in Sri Lanka (Category: Breaking News)
- $ 400 m IMF lifeline for struggling Sri Lanka (Category: Business)
- IPO To Raise Rs. 400 mn (Category: Breaking News)
After helping Sri Lanka with an unprecedented assistance of around $4 billion since January as the country plunged into a deep economic crisis, India is now planning to invest heavily in newer sectors through both private and public firms there, Gopal Baglay, high commissioner of India to Sri Lanka, told ThePrint in an interview.The post Long-term investments in Sri Lanka are India’s plan to...
- Long-term investments in Sri Lanka are India s plan to fix economic crisis- Envoy (Category: Breaking News)
- Long-term investments in Sri Lanka are India’s plan to fix economic crisis (Category: Breaking News)
- Indian envoy to EU tipped for Sri Lanka as Gopal Baglay goes to Canberra (Category: Breaking News)
- Sri Lanka will be secured if India is secured - Gopal Baglay (Category: Breaking News)
[…]The post An Open Letter & Appeal To The IMF appeared first on Colombo Telegraph.
- An Open Letter To Mr. President Ranil Wickremesinghe (Category: Breaking News)
- An Open Letter To The President & The Judiciary (Category: Breaking News)
- An Open Letter To President & Judiciary – A Response (Category: Breaking News)
- Target 2048 – Economic Democracy Principles Should Be Followed To The Letter (Category: Breaking News)
The government defaulted an interest payment of 78 million US dollar of a sovereign bond on May 19
- Cross Asian (Category: Business)
- S&P downgrades two Sri Lanka sovereign bonds to ‘D’ (Category: Breaking News)
- Sri Lanka sovereign rating at SD but ISBs downgraded to ‘D’ by S&P (Category: Breaking News)
- Reserve Investment (Category: Business)
Indian billion dollar credit line also works Undiyal fashion
- Sri Lanka removes ban on open account food imports (Category: Breaking News)
- Sri Lanka central bank deep in debt, dollar shortages at ‘guidance’ rate : Wijewardena (Category: Breaking News)
- Sri Lanka rates elevated amid failed float and DDR fears (Category: Breaking News)
- Sri Lanka CB takes on task finding dollars for food after open account ban (Category: Breaking News)
[…]The post Economy Should Be The Top Priority Of The New (Or More Correctly The Old) Government appeared first on Colombo Telegraph.
- 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)
- IMF Facility? Is It Sufficient To Deliver Prosperity To Sri Lankans? (Category: Breaking News)
- The Magic 2048: What Is To Be Done To Make Ranilnomics A Reality? (Category: Breaking News)
The Tamil Nadu government dispatched the third tranche of relief material to crisis-hit Sri Lanka. With this, the total aid from MK Stalin’s government has crossed 40,000 tonnes of relief material. Stalin had earlier moved a resolution in the Tamil Nadu Assembly to send humanitarian aid to Sri Lanka. The first tranche was sent in […]
- India will play its due role in advancing global food security (Category: Breaking News)
- Singapore says Gotabaya has not sought asylum (Category: Breaking News)
- Jagath Samarawickrama takes oaths as new MP (Category: Breaking News)
- Passengers arriving from Sri Lanka tested for Covid in Chennai (Category: Breaking News)
[…]The post 9th July Revolution Ousted Rajapaksa Dynasty; So, Let It Imprimatur appeared first on Colombo Telegraph.
- BASL; Altruistic Union That Does Not Stand For Its Members’ Sake But For The People (Category: Breaking News)
- A Janus Moment (Category: Breaking News)
- Is The IMF Mad To Give Loans To A Murderous Government? (Category: Breaking News)
- Dawn At Galle Face: Which Tomorrow? (Category: Breaking News)
[…]The post Good Bye Ranil; “Welcome” President Dulles Alahapperuma appeared first on Colombo Telegraph.
- Abolishing The Presidency – Two Cunning Foxes Plan The Unexpected! (Category: Breaking News)
- Dammika Perera Antics – Only Oligarch In Sri Lanka! (Category: Breaking News)
- Aragalaya: People’s Response To Rajapaksa-Made Crisis (Category: Breaking News)
- Ranil-Rajapaksa Dilemmas: Push Back On Basil Or Risk Leaving Like Gota (Category: Breaking News)
Sri Lanka’s Acting President Ranil Wickremesinghe today (July 18) stated that the absence of a proper Easter Sunday investigation has meant that this issue has still not been fully resolved and he is requesting the assistance of the UK Government and their intelligence services.The post Easter Attacks: Sri Lanka to seek assistance of UK Government & intelligence over Easter Sunday attacks ...
- Easter Attacks: Sri Lanka to seek UK Govt & Intel assistance, says Acting President (Category: Breaking News)
- Lanka to seek UK assistance to probe Easter Sunday attacks (Category: Breaking News)
- Sri Lanka to seek UK assistance to probe Easter Sunday attacks (Category: Breaking News)
- Release All Volumes Of PCOI Report On Easter Attacks: Muslim Council Tells Ranil (Category: Breaking News)
Sri Lanka has not reached any initial agreement with the IMF on debt relief, and its largest creditors - the Asian Development Bank (ADB) and the World Bank - are urged to come up with a package that would speed up its debt restructuring process, Sri Lanka’s Ambassador to China Palitha Kohona told the Global Times in an exclusive interview.The post Sri Lanka’s Ambassador to China urges ADB a...
- Sri Lanka s ambassador to China urges ADB and World Bank to take bigger role in debt restructure (Category: Breaking News)
- Sri Lanka asks China for help with trade, investment and tourism (Category: Breaking News)
- China will agree to US$ 4 Billion aid for Sri Lanka ‘at some point’ – Palitha Kohona (Category: Breaking News)
- Sri Lanka eyes Chinese tourism to help ease debt crisis (Category: Breaking News)
India has surpassed China to become the top lender to Sri Lanka, as the former came to the rescue when Sri Lanka started experiencing some acute shortage of foreign currency from the beginning of the year which reached a breaking point in March causing a complete collapse of the country’s
- China’s EXIM bank offers Sri Lanka debt extension – report (Category: Breaking News)
- Sri Lanka gives China deal details, keeping IMF aid on track (Category: Breaking News)
- India plans no more funding for Sri Lanka as IMF talks progress (Category: Breaking News)
- Sri Lanka thanks India for giving assurances to IMF for USD 2.9 Billion bailout package (Category: Breaking News)
Sri Lanka’s Acting President Ranil Wickremesinghe says that the issues which prevail in Sri Lanka with regard to hunger, are man made.The post The food crisis in Sri Lanka is man made, Acting President Ranil tells Global Forum appeared first on ONLANKA News - Sri Lanka News - Latest News Sri Lanka - Breaking News from Sri Lanka.
- Ranil Wickremesinghe sworn in as Acting President of Sri Lanka (Category: Breaking News)
- Special statement by Sri Lanka’s Acting President Ranil Wickremesinghe (Category: Breaking News)
- Nominations presented to elect Sri Lanka’s new President – Ranil, Anura, Dullas to contest for p... (Category: Breaking News)
- Easter Attacks: Sri Lanka to seek assistance of UK Government & intelligence over Easter Sunday ... (Category: Breaking News)
By Michael Rowand As Sri Lankan protesters stormed the presidential residence in Colombo, the Chinese Embassy released no statements and did not tweet. The Chinese Ministry of Foreign Affairs offered no comment until Monday afternoon, well behind others such as India, the European Union, and the United States. The French Embassy even retweeted a tweet […]
- Chinese role in the Sri Lankan crisis (Category: Breaking News)
- China a mute spectator as Sri Lanka’s political upheaval poses long-term implications for Beijing (Category: Breaking News)
- Unelected Team At The BRI Forum: Speaking From Both Sides Of Mouth (Category: Breaking News)
- Sri Lanka should prevent Chinese vessel from reaching Hambantota port (Category: Breaking News)
[…]The post The Destiny Of China’s Colony Of Sri Lanka appeared first on Colombo Telegraph.
- Sri Lanka’s Past Is Prologue For China (Category: Breaking News)
- Postponing Elections & Inviting The Dragon: Sri Lankan President’s China Tilt (Category: Breaking News)
- Why Should The United States Care About Sri Lanka’s Predicament? (Category: Breaking News)
- Modi’s Civilizational Twist To Indo-Lanka Relations (Category: Breaking News)
[…]The post From Confrontation To Consensus appeared first on Colombo Telegraph.
- Getting Nearer To Solution As Options Narrow (Category: Breaking News)
- Divergence Grows Between Appearance & Reality (Category: Breaking News)
- JVP Proposal Points To Consensual Way Forward (Category: Breaking News)
- A Coalition Of Power To Stay In Power Is Not What Country Needs (Category: Breaking News)
By Jehan Perera There is an anxious calm after the unprecedented events of July 9. The Presidential Secretariat, President’s House and Temple Trees, which contain both the prime minister’s official office and residence, are in the hands of the people rather than the rulers. The Aragalaya protesters who occupy these buildings of state coexist in […]
- Supreme court nudges govt., to democracy (Category: Breaking News)
- From Confrontation To Consensus (Category: Breaking News)
- Pope urges Lankan leaders to initiate dialogue for common good (Category: Breaking News)
- PRESIDENT’S NEED TO BUILD TRUST AT ALL LEVELS TO GET REFORMS THROUGH (Category: Breaking News)
The Government is preparing a new budget taking into account the measures proposed by the International Monetary Fund (IMF) to restore debt sustainability in Sri Lanka. Foreign Minister, Prof. G.L. Peiris said this during talks with the United Nations Resident Coordinator Hanna Singer-Hamdy at the Ministry of Foreign Affairs. During the discussion, Minister Peiris briefed […]
- Galle Face protesters decide to return properties (Category: Breaking News)
- Social media activist Pathum Kerner arrested (Category: Breaking News)
- Army deployed to Sri Lanka Rupavahini Corporation (Category: Breaking News)
- Emergency ambulance service suspended in several areas (Category: Breaking News)
New Zealanders have been told to avoid non-essential travel to Sri Lanka due to the impacts of the economic crisis and the potential for civil unrest. An updated travel advisory issued by New Zealand today notes: Sri Lanka’s economic situation has deteriorated significantly in recent months. This has led to shortages of such basic necessities, […]
- Tourist arrivals in Sri Lanka cross 200,000 in December (Category: Breaking News)
- Families of Australian HC staff in Colombo begin to leave (Category: Breaking News)
- UK relaxes travel advise on Sri Lanka (Category: Breaking News)
- UK relaxes travel advice on Sri Lanka (Category: Breaking News)
Says economy could contract 7-pct in 2022
- Sri Lanka’s total debt burden Rs 21.6 trillion by March 2022 (Category: Breaking News)
- Once the Parliament approves IMF agreement, the main points will be passed into law – Sri Lanka ... (Category: Breaking News)
- Prez vows to reform loss-making state enterprises, implement new tax regime (Category: Breaking News)
- Sri Lanka receives financial assurance letter from China (Category: Breaking News)
Sri Lanka’s total debt burden increased to Rs 21.6 trillion by March 2022, Prime Minister Ranil Wickremesinghe told Parliament today. He said that Sri Lanka needs to pay $3.4 billion between June and December this year, $5.8 billion in 2023, $4.9 billion in 2024, $6.2 billion in 2025, $4.0 billion in 2026 and $4.3 billion […]
- Sri Lanka Prime Minister’s full statement on IMF negotiations (Category: Breaking News)
- Sri Lanka receives financial assurance letter from China (Category: Breaking News)
- President seeks opposition support to implement IMF deal (Category: Breaking News)
- President blames Sajith for crisis (Category: Breaking News)
[…]The post Implement President’s Pledges To Revive Economy appeared first on Colombo Telegraph.
- President Needs Trust To Succeed In Problem Solving (Category: Breaking News)
- Government Needs To Change Course In National Interest (Category: Breaking News)
- Bipartisanship Beyond 22nd Amendment Is Needed (Category: Breaking News)
- Changing Pillows To Cure Headaches: Politicians—Constitutional Amendment Mess (Category: Breaking News)
Sri Lanka is to continue to stand by the ‘one China policy’ and support to protect China’s sovereignty and territorial integrity, the Foreign Ministry said today. The Foreign Ministry said that the assurance was given when the Minister of Foreign Affairs, Professor G.L. Peiris met with the Ambassador of China, Qi Zhenhong, at the Ministry […]
- Sri Lanka looks to enhance ties with Russia (Category: Breaking News)
- Work of domestic mechanisms on reconciliation reviewed (Category: Breaking News)
- Sri Lanka concludes bilateral consultations with Japan (Category: Breaking News)
- Colombo based Diplomatic corps briefed on present situation (Category: Breaking News)
Empty streets reduce emissions, lack of chemical fertilizer promotes organic food
- Sri Lanka mulls food security bill (Category: Breaking News)
- Sri Lanka mulls Food Security Bill (Category: Breaking News)
- Sri Lankan President concerned over rising food prices (Category: Breaking News)
- 'Lanka self-sufficient in rice' (Category: Breaking News)
[…]The post System Change Plus Politician Change Through Elections appeared first on Colombo Telegraph.
- Government Needs To Change Course In National Interest (Category: Breaking News)
- From Confrontation To Consensus (Category: Breaking News)
- Preparing The Ground For Early Elections (Category: Breaking News)
- Implement President’s Pledges To Revive Economy (Category: Breaking News)
The Government has enforced what is seen as an unofficial, partial lockdown from midnight today until 10th July with the public being urged to stay home. Cabinet Spokesman, Minister Bandula Gunawardena said that schools in Colombo and other major cities will remain closed until 10th July. Schools in other areas will function at the discretion […]
- Harin refuses to comment on “princess” Diana’s proposal (Category: Breaking News)
- Harin Fernando calls for a second “Aragalaya” (Category: Breaking News)
- Harin Fernando and Manusha Nanayakkara step down (Category: Breaking News)
- Cabinet approves visa-free entry for visitors from 7 countries (Category: Breaking News)
[…]The post Is Sri Lanka On The Brink Of Another Covid Wave? appeared first on Colombo Telegraph.
- Cricketer Murali Is On A Sticky Wicket – On Tamil Nadu Turf (Category: Breaking News)
- Murali the Enigma (Category: Breaking News)
- Murali to retire (Category: Sports)
- Murali – Symbol Of A Resurgent Sri Lanka (Category: Breaking News)
[…]The post Preventing Crooks From Entering The Parliament appeared first on Colombo Telegraph.
- The Current System & Unlawful Actions (Category: Breaking News)
- Anarchy & Abuse Of Power By Politicians (Category: Breaking News)
- Debt Trap, Lack Of Accountability & Blunders (Category: Breaking News)
- The Despot President Was Replaced By A Tyrant In Sri Lanka (Category: Breaking News)
Market has risen throughout the week, but in thin trade.
- Sri Lanka shares on a roll, hit another high (Category: Breaking News)
- SL Stx at 12-Wk Low on Asian Alliance (Category: Breaking News)
- Palmer's float sinks (Category: Australia, Queensland)
- Sri Lanka shares gain over 2-pct in mid-day trade on positive interim budget (Category: Breaking News)
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