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[…]The post Debt Restructuring, Austerity, & The IMF: A Solution Or A Worsening Of The Problem? appeared first on Colombo Telegraph.
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part III (Category: Breaking News)
- The Bleak Future For Sri Lanka : 75 Years After Independence (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part IV (Category: Breaking News)
State Minister of Technology, Kanaka Herath, announced the introduction of the DIGIECON 2030 program, aimed at accelerating Sri Lanka’s economy towards an inclusive digital ecosystem through the utilization of advanced technology-based solutions. The program includes a comprehensive digital master
- Crisis-ridden Lanka’s brain drain hits ICT sector’s workforce; requires 100,000 more – official (Category: Breaking News)
- Media Ministry Secretary set to earn a good commission (Category: Breaking News)
- The National Digital Economic Strategy for Sri Lanka – 2030 to be implemented (Category: Breaking News)
- Basil gets contract to convert Rupavahini systems to digital (Category: Breaking News)
[…]The post The Aragalaya & The Wijeweera Legacy: How The Lankan Left Could Win appeared first on Colombo Telegraph.
- JVP-NPP & Lankan Left Populism’s Lacunae & Lapses (Category: Breaking News)
- Ranil’s Repression Will Hit The JVP-NPP While It Indulges In Political Narcissism (Category: Breaking News)
- Wolf In Sheep’s Clothing? (Category: Breaking News)
- On The Current Debate Among Left Intellectuals (Category: Breaking News)
The economic and political landscape of Nepal is currently facing a dual assault from its neighbor, China. As the country grapples with the aftermath of a devastating earthquake, the once-thriving Tatopani market stands as a somber reminder of the destructive power of nature. However, the decline of this border town is not solely due to […]
- Lanka to join India –Bangladesh-Nepal tripartite energy grid to avoid energy problems and develo... (Category: Breaking News)
- DESTABILIZING DYNAMICS: Unraveling Chinese Interference in South Asia’s Geopolitical Landscape (Category: Breaking News)
- Undermining Stability: Chinese Interference in South Asia (Category: Breaking News)
- China’s Xi warns West against economic ‘decoupling’ (Category: Breaking News)
BEIJING, June 28 (Reuters) – Annual profits at China’s industrial firms extended a double-digit decline in the first five months as softening demand squeezed margins, reinforcing hopes of more policy support to bolster a stuttering post-COVID economic recovery. The 18.8% year-on-year slump in profits came on top of the 20.6% contraction in January-April, and added […]
- China’s security drive hits embassy activities, LGBT events, some diplomats say (Category: Breaking News)
- India’s offer to privatise rocket has 20 potential bidders (Category: Breaking News)
- Sri Lanka to focus on energy, port projects with India during presidential visit (Category: Breaking News)
- ChatGPT maker OpenAI ousts CEO Sam Altman (Category: Breaking News)
By Usvatte-aratchi Professor Anura Manatunga, the Director General of Archaeology, who would not take any more, resigned from that prestigious post soon after hectoring by a powerful but amateur historian. Why would he not take it anymore? He would not because he could not fire an arrow against the Teflon-clad armour of an executive president […]
- Non-executive office employees of public service allowed other jobs after office hours (Category: Breaking News)
- Non-executive office employees of public service allowed other jobs after office hours (Category: Breaking News)
- Non-executive office employees of public service allowed other jobs after office hours (Category: Breaking News)
- Non-executive office employees of public service allowed other jobs after office hours (Category: Breaking News)
[…]The post Towards A False Dawn appeared first on Colombo Telegraph.
- IMF’s Prescription: Panacea Or Palliative? (Category: Breaking News)
- A führer In The Making (Category: Breaking News)
- RW, IMF & The Economy (Category: Breaking News)
- Political Buddhism & Corruption: The Unholy Twins (Category: Breaking News)
Through the eyes of Sena Thoradeniya: Sena Thoradeniya discussed successful US operations here taking into similar interventions in the past and present. The examination of the Egyptian and Iranian scenarios is surely useful. Those genuinely concerned about what went wrong for Gotabaya Rajapaksa, who didn’t really receive the backing of any section of the international […]
- US hand in GR’s ouster: Speaker finally confirms allegations (Category: Breaking News)
- Gotabaya: Only Ranil could have restored law and order (Category: Breaking News)
- CP Chief calls for re-alignment of political forces to thwart Ranil (Category: Breaking News)
- Ex-SLAF officer sheds light on developments leading to Aragalaya (Category: Breaking News)
[…]The post The International Priority To Be Heeded appeared first on Colombo Telegraph.
- Resisting Elections Will Worsen Dissent (Category: Breaking News)
- Supreme Court Shows Democratic Route To Government (Category: Breaking News)
- Second Aragalaya In The Making (Category: Breaking News)
- A Coalition Of Power To Stay In Power Is Not What Country Needs (Category: Breaking News)
by Sanath Nanayakkare India will continue to play a constructive role as a Co-Chair of the Creditors Committee along with Japan and the Paris Club, Vinod K Jacob, Indian Deputy High Commissioner (DHC) said in Colombo recently. He said so at the Inauguration of the Construction, Power and Energy Expo 2023 in Colombo on 7 […]
- Indo-Lanka tie up on the cards to undertake small arms production (Category: Breaking News)
- Sri Lanka notifies Indian rupee as designated currency (Category: Breaking News)
- AKD: JVP-led NPP will not undermine India’s national security (Category: Breaking News)
- JVP has told India it won’t do anything to upset regional security and peace (Category: Breaking News)
Thai AirAsia airline resumed operations from Bangkok to Colombo route yesterday (July 9), the Airport and Aviation Services (Sri Lanka) (Private) Limited (AASL) said.The post Thai AirAsia resumes flights from Bangkok to Colombo appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- AirAsia resumes Bangkok to Colombo flight (Category: Breaking News)
- Thai Airways resumes daily flights to Colombo (Category: Breaking News)
- Work resumes at Presidential Secretariat (Category: Breaking News)
- Air France resumes flights to Colombo for season (Category: Breaking News)
AdStudio.Cloud, the pioneering 100% local programmatic advertising company in Sri Lanka continues to thrive with creating value for the advertisers in the digital display advertising industry for the 4th successful year. In Sri Lanka, where digital advertising is growing rapidly, Adstudio. Cloud’s success in programmatic advertising indicates company’s ability to meet the needs of advertisers [...
- ADSTUDIO.CLOUD bags Silver at FITIS Digital Excellence Awards Ceremony 2023 (Category: Breaking News)
- ADSTUDIO.CLOUD drives communal change and empowers the nation as the ‘Programmatic Advertising C... (Category: Breaking News)
- ADSTUDIO.CLOUD drives communal change and empowers the nation as the ‘Programmatic Advertising C... (Category: Breaking News)
- ADSTUDIO.CLOUD drives communal change and empowers the nation as the ‘Programmatic Advertising C... (Category: Breaking News)
[…]The post Domestic Debt Restructuring: An Episode In Capital’s Attack On Working People appeared first on Colombo Telegraph.
- Involuntary & Inequitable DDO (Category: Breaking News)
- Central Bank informs EPF members: “decided to opt for” DDO (Category: Breaking News)
- Governance issues, etc., will have to be sorted out to avert further debt restructuring: Verité ... (Category: Breaking News)
- The Misunderstood Taxation Of EPF & Other Superannuation Funds (Category: Breaking News)
As Sri Lanka embarks on debt restructuring negotiations with key lenders in parallel to the International Monetary Fund (IMF) initiatives, it is useful to consider China’s importance as one of Sri Lanka’s top lenders. China has so far not joined the common platform of negotiators on Sri Lanka’s debt restructuring, though it has joined as […]
- Sri Lanka completes debt restructuring talks with Japan (Category: Breaking News)
- Sri Lanka has miles to go for IMF debt relief and salvaging the payments crisis (Category: Breaking News)
- Some creditors want to restructure Sri Lanka’s debt without China (Category: Breaking News)
- President urges China to change tune on debt (Category: Breaking News)
Udeni Kaluthantri, a 54-year-old port worker, became an overnight sensation last year for reasons that had nothing to do with his job. Days after protesters stormed the presidential palace in the Sri Lankan capital Colombo, a video surfaced of Mr Kaluthantri lounging on a bed draped with the presidential flag. Pictures of young men jumping […]
- Brazil’s President vows to punish rioters who stormed Congress (Category: Breaking News)
- Mass arrests in Brazil as President condemns ‘terrorist’ riots (Category: Breaking News)
- Pakistan’s Supreme Court rules Imran Khan arrest was illegal (Category: Breaking News)
- A divided Japan bids farewell to its slain ex-PM (Category: Breaking News)
[…]The post Will A Trump Re-Election Pose A Global Threat? appeared first on Colombo Telegraph.
- Spotlight On SCOTUS In The US. People Give The Finger In Pakistan (Category: Breaking News)
- Spotlight on SCOTUS: Trump and the Political System on Trial in the US (Category: Breaking News)
- Seventeen states, Trump join Texas SCOTUS suit to toss Biden electors (Category: USA, New York)
- Seventeen states, Trump join Texas SCOTUS suit to toss Biden electors (Category: USA, New York)
[…]The post Neither North Nor South, Ranil At Home With The Global Right appeared first on Colombo Telegraph.
- National Reconciliation, Criminal Accommodation & Election Juggling (Category: Breaking News)
- Destination Delhi: Roving President’s Next Port Of Call (Category: Breaking News)
- From Caretaker President To King Ranil (Category: Breaking News)
- 1983: It Haunts Us Still! (Category: Breaking News)
When the five days long stretch of holidays ended last week and the Colombo bourse reopened for trading on Tuesday, the market surged 6.71 percent (633.69 points up) on the broad All Share Price Index (ASPI) while the Standard and Poor SL 20 index covering the 20 largest and more liquid companies quoted on the […]
- Manning Market closed until further notice (Category: Breaking News)
- Stock market ends on a positive note (Category: Breaking News)
- Stock market closed for the day as S P SL20 falls (Category: Breaking News)
- Man killed in shooting incident at Manning Market (Category: Breaking News)
By Amal JAYASINGHE The snaking queues for food and fuel that crisscrossed Sri Lanka last year have given way to a different kind of line — people scrambling for travel documents to flee their bankrupt island. “What we see as normalcy is a mirage,” customer care executive Gayan Jayewardena, 43, told AFP while queueing at […]
- Prez offers to convert N’Eliya Post Office into a hotel (Category: Breaking News)
- SJB asks President to hold early general election (Category: Breaking News)
- Mo Farah says his final 26.2-mile race will ‘be emotional’ (Category: Breaking News)
- Covid-19: Public not keen to receive booster jab – Doc (Category: Breaking News)
The man charged with clawing Sri Lanka out of bankruptcy says he had warned about economic calamity years before it hit and was pressed into retirement for his troubles.The post ‘No second chance’ to save Sri Lanka, central banker warns appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- CBSL Governor refuses to resign over pay hike issue (Category: Breaking News)
- CBSL chief s special statement on domestic debt restructuring process (Category: Breaking News)
- Sri Lanka’s Central Bank Governor asks critics to provide alternatives (Category: Breaking News)
- Sri Lanka faces shutdown without stable govt- CBSL governor warns (Category: Breaking News)
India plans to allow Sri Lanka up to 12 years to repay its debt to help ease the financial burden on the island nation, India’s Export Credit Guarantee Corporation (ECGC) Ltd’s chairman-cum-managing director M. Senthilnathan said.The post India to allow Sri Lanka to repay debt over 12 years appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka given more time to repay Bangladesh’s $200 Million loan (Category: Breaking News)
- Sri Lanka trying to reduce overall debt by $17 Billion, president says (Category: Breaking News)
- India to allow Sri Lanka to repay debt over 12 years (Category: Breaking News)
- China’s EXIM bank offers Sri Lanka debt extension – report (Category: Breaking News)
A year after angry Sri Lankans stormed the president's residence and forced his ouster during a meltdown of the economy, the island's streets are calm, there are no serpentine queues at fuel stations and hours-long power cuts have ended.The post Analysis: A year later, Sri Lanka’s tentative
- Sri Lanka cabinet approves new electricity tariff without saying what it is (Category: Breaking News)
- Japan to support Sri Lanka’s debt restructuring negotiations (Category: Breaking News)
- IMF team in Colombo this week for first review of Extended Fund Facility (Category: Breaking News)
- Sri Lanka sees forex reserves exceeding $4 billion after fresh funding (Category: Breaking News)
India plans to allow Sri Lanka up to 12 years to repay its debt to help ease the financial burden on the country, India’s Export Credit Guarantee Corporation (ECGC) Ltd’s Chairman-cum-Managing Director M. Senthilnathan said. Sri Lanka, facing its worst economic and political crisis in over seven decades, owes $7.1 billion to bilateral creditors— $3 […]
- India starts debt-restructuring talks with Sri Lanka (Category: Breaking News)
- India provided nearly $4 billion in food, financial assistance to Sri Lanka (Category: Breaking News)
- India to invest more in Sri Lanka after crisis support of $3.8 Bn (Category: Breaking News)
- Sri Lanka thanks India for giving assurances to IMF for USD 2.9B bailout package (Category: Breaking News)
The Monetary Board of the Central Bank has decided to reduce the Standing Deposit Facility Rate and the Standing Lending Facility Rate by 200 basis points to 11.00 percent and 12.00 percent respectively.The Central Bank said it took this decision at the monetary board meeting conducted on Wednesday. The board arrived at this decision following […]
- CBSL to maintain ‘dovish monetary policy in view of economic stabilization’ (Category: Breaking News)
- High interest rates have prevented contraction of economy – CBSL Governor (Category: Breaking News)
- Policy interest rates reduced to enable economy to reach its true potential – CBSL Governor (Category: Breaking News)
- ‘SL’s inflation reduced to single digit levels in 2023 along with restoration of price stability’ (Category: Breaking News)
External Affairs Minister S Jaishankar referred to China as a ‘significant neighbour’ to India and emphasized the need for mutual respect and adherence to agreements to maintain a healthy relationship. Speaking at the India International Centre, he acknowledged the challenges in the India-China relationship, stating that the abnormal state of the border remains a key […]
- ‘India tries to ensure ties across the world, except with China, Pakistan’ (Category: Breaking News)
- India says it has done more for Sri Lanka than IMF (Category: Breaking News)
- Relations with China will not be normal until issues from 2020 faceoff resolved: EAM Jaishankar (Category: Breaking News)
- World recognizes India capable of defending its interests: S Jaishankar (Category: Breaking News)
‘Forty MPs skipping DDO vote inexcusable’ By Shamindra Ferdinando Former Director, Administration of Parliament Lacille de Silva said that both Parliament and the United Nations Development Programme (UNDP) should reveal whether they were satisfied with the progress in the ongoing project funded by the latter to improve the parliamentary system. De Silva said that parliamentary […]
- Parliamentary resolution on SLC non-binding – Deputy Speaker (Category: Breaking News)
- Corruption: Ex-top House official alleges negligence of successive Speakers (Category: Breaking News)
- Costly UNDP ‘lessons’ for Parliament (Category: Breaking News)
- 22 A: Amendments accepted at ‘committee stage’ should be subjected to SC approval (Category: Breaking News)
CP Chairman DEW G says lawmakers here should be aware of what is going on in the world. The Parliament cannot turn a blind eye to global developments, the former MP said, pointing out that the ongoing Ukrainian crisis underscored the need for greater understanding of international affairs as the rapid developments taking place with […]
- DEW alleges US must have approved removal of Galle Face protesters (Category: Breaking News)
- SJB alleges Prez under SLPP pressure to give up power to dissolve Parliament (Category: Breaking News)
- DEW disappointed over disruption of COPE; AG acting in terms of Standing Orders (Category: Breaking News)
- SC ruling on economic crisis: Parliament also responsible, says Foreign Minister (Category: Breaking News)
[…]The post Non-Recurrence Requires Accountability appeared first on Colombo Telegraph.
- Accountability needed to make debt restructuring more equitable (Category: Breaking News)
- System Change Happening In Wrong Direction (Category: Breaking News)
- The International Priority To Be Heeded (Category: Breaking News)
- End taxation on EPF earnings: Employers body (Category: Business)
Parliament disregarded COPE recommendation for PSC By Shamindra Ferdinando Eksath Janaraja Peramuna (EJP) leader and SJB MP Patali Champika Ranawaka, MP, has called for the setting up of a special commission to investigate those who bankrupted the economy. Ranawaka said that those who had served
- On-arrival visa controversy: Patali draws IMF’s attention, warns police over playing politics wi... (Category: Breaking News)
- Prez warned of consequences of attacks on SJB (Category: Breaking News)
- Citing FM report Patali contradicts NWSDB claim (Category: Breaking News)
- Finance Ministry allows liquor company to operate without paying taxes: Ways and Means Committee (Category: Breaking News)
by Jehan Perera President Ranil Wickremesinghe notched up another achievement when Parliament ratified the Domestic Debt Restructuring (DDR) programme with a majority of 60 votes, with 122 members voting for and 62 against, with 40 abstentions. Parliamentarians who would need to think about their re-election prospects would have been reluctant to vote for a programme […]
- Non-Recurrence Requires Accountability (Category: Breaking News)
- CB Governor outlines importance of DDR to protect banks and save overall economy (Category: Breaking News)
- Self-serving love (Category: Breaking News)
- Proposed Pension Scheme will not deny benefits (Category: Breaking News)
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