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Poverty is one of the most pressing and pervasive issues facing the world today. It affects billions of people globally, diminishing their quality of life, limiting their opportunities, and perpetuating a cycle of deprivation that can span generations. Understanding poverty requires a multidimensional approach that goes beyond mere economic measures. It encompasses social, cultural, political, [&#...
[…]The post Ministry Of Finance, Economic Stabilization & National Policies appeared first on Colombo Telegraph.
Group D preview: South Africa and Sri Lanka are the two highest ranked teams in the group, but there is not much between all five sides.Former ICC Men’s T20 World Cup champions Sri Lanka find themselves in Group D alongside South Africa, Bangladesh, Netherlands and Nepal for the upcoming tournament. This group promises thrilling matches […]
Sri Lanka is studying South Australia’s energy transition policy, which looks at net-zero emissions by 2050. President Ranil Wickremesinghe said that Sri Lanka needs to decide if it requires energy transition legislation. “Some countries have energy transition legislation. We have also looked at that. We have looked at some areas such as South Australia. It […]
In an attempt to address the unique financial needs of freelancers, DFCC Bank proudly introduces the DFCC Freelancer World Mastercard credit card. DFCC Freelancer is a financial solution uniquely designed to cater specifically to the dynamic needs of Sri Lanka’s growing freelancer community. DFCC Bank is the first bank in the country to directly appeal […]
The plantation industry raised its strongest possible objections to the Government’s ”arbitrary, reckless, unilateral decision” to drastically hike minimum wages for tea and rubber sector workers by an unprecedented 70%. All producer stakeholders issued a unified warning against the devastating impact the latest increase will have on the plantation sector, leading crippling opera...
Monday 27th May, 2024 An attempt by the Committee on Public Finance (COPF) to convene a meeting as part of its ongoing inquiry into the on-arrival visa scandal has come a cropper once again owing to the unavailability of relevant state officials, according to media reports quoting an ‘X’ message posted by COPF Chairman Dr. […]
The announcement that India will overtake Japan in nominal gross domestic product in dollar terms in 2025 has shocked Tokyo. Until 2010, Japan had been home to the world’s undisputed second-largest economy, but it’s now on the brink of slipping to fifth place. In estimates released in late April, the International Monetary Fund indicated that […]
[…]The post Gamini Karunathilake Offers Practical Handbook On Credit Evaluation appeared first on Colombo Telegraph.
[…]The post President Ranil Wickremesinghe Rescued & Stable Economy In Sri Lanka – An Inquiry appeared first on Colombo Telegraph.
[…]The post Economic Stability With SOE Reforms Need System Change appeared first on Colombo Telegraph.
By Sanath Nanayakkare The barriers to financial inclusion have been a longtime problem in Sri Lanka as financial literacy has thus far been the prerogative of only the nation’s affluent customers. However, eventually the Central Bank of Sri Lanka, 40 other national institutions, the public and private sector of the country along with the United […]
Pan Asia Bank is happy to announce that it has formed a new agreement with Wogi, a Global Digital Platform of loyalty and digital incentives. This partnership aims to provide greater customer engagement through customer rewards, which in turn advances our mission to offer consumers cutting-edge, environmentally friendly banking products throughout Sri Lanka. “In Pan Asia Bank, we always put...
In the bustling heart of Ja-Ela, Moose Clothing Company stands tall as a beacon of creativity, technical expertise, and workmanship. Established in 2018 with a vision to redefine Sri Lanka’s fashion landscape whilst bridging the gap between affordability and accessibility to good quality fashion, Moose Clothing Company has now embarked on a journey that transcends […]
[…]The post Economic Growth, National Security, And What Next For Sri Lanka appeared first on Colombo Telegraph.
[…]The post Aragalaya Effect Vs IMF Effect appeared first on Colombo Telegraph.
[…]The post Ignoring The Whale, While Hooking The Sprat appeared first on Colombo Telegraph.
[…]The post Unraveling The Root Causes Of Sri Lanka’s Foreign Currency Crisis appeared first on Colombo Telegraph.
[…]The post Valuing Japan’s Moral Ethos & Economic Assistance appeared first on Colombo Telegraph.
by Jehan Perera The visit of Japan’s foreign minister Yoko Kamikawa to Sri Lanka is an indication that the relationship between the two countries is on the mend. The manner in which Japan was ousted from the special status it had once held by the previous government headed by President Gotabaya Rajapaksa would have caused […]
Concluding a two-day visit, IFC’s Vice President for Asia Pacific, Riccardo Puliti, signaled IFC’s commitment to supporting Sri Lanka’s ongoing reforms and growth agenda. He also emphasized the importance of private sector-led development for inclusive economic growth. The visit served as an opportunity for Puliti to engage with key stakeholders, including meeting the President of [...
[…]The post Pointless Debate On The Economy When Issue At Hand Is Much Broader appeared first on Colombo Telegraph.
Thursday 2nd May, 2024 The police have embarked on a campaign, parallel to their war on drugs, to clear busy intersections of beggars who solicit alms near traffic lights, causing much inconvenience to motorists. Scores of beggars have already been arrested and hauled up before courts for doing so, we are told. Sri Lankans drive […]
Cash-strapped Pakistan is poised to receive a $1.1bn loan tranche from the International Monetary Fund (IMF) after a key meeting of the international lender’s executive board on Monday, even as economists have warned that the country needs deep reforms to reduce its dependence on overseas financial assistance. Late on Monday night, Pakistan’s Ministry of Finance […]
ECONOMYNEXT –The International Finance Corporation (IFC), the World Bank’s investment arm emphasized the importance of the private sector engagement in the recovery of the crisis-hit Sri Lanka’s economic growth. Riccardo Puliti, the IFC’s Vice President for Asia and the Pacific said this when he met State Finance Minister Shehan Semasinghe and the island nation’s Central […]
A year after India overtook China to become the world’s most populous country, its rapid upward economic trajectory and increasing diplomatic, scientific and military weight make it an emerging superpower of ever-growing importance to the United States and the world. Indian Prime Minister Narendra Modi addressed Newsweek’s written questions and followed up with a 90-minute […]
On 19 April, Indians will begin choosing a new parliament for the next five years, as Prime Minister Narendra Modi seeks a third consecutive term. Opinion polls put his Bharatiya Janata Party (BJP) and its allies ahead. They are up against the Indian National Developmental Inclusive Alliance (India), which groups more than two dozen opposition […]
[…]The post Excitement Unleashed – Slot Games and Betting Options on Melbet Sri Lanka appeared first on Colombo Telegraph.
[…]The post Debate Over Profits Of Banks: Who Shares Them Ultimately? – Part II appeared first on Colombo Telegraph.
A Singaporean court has begun handing out sentences in a sensational case, which saw 10 Chinese nationals charged for laundering $2.2bn (£1.8bn) earned from criminal activities abroad. The scandal embroiled multiple banks, property agents, precious metal traders and a top golf club. It led to extensive raids in some of the most affluent neighbourhoods, where […]