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By Y P Prakash Sri Lanka, the beautiful island nation in the lap of the Indian Ocean, has made headlines for being the prime example of China’s debt-trap. But there is hardly any news about the rise in cases of chronic kidney disease (CKD) in Sri Lanka, especially in its north-central region. In fact, CKD […]
By Easwaran Rutnam A top military officer was seen travelling with seven vehicles in his convoy despite the economic crisis in the country, MP Chandima Weerakkody told Parliament today. He said that he saw the convoy a couple of days ago while returning from Galle. Weerakkody asked State Minister
The US and China have pledged to stabilise their tense relationship following US Secretary of State Antony Blinken’s two-day visit to Beijing. Mr Blinken met China’s President Xi Jinping for talks on Monday, restarting high-level communications between the rival superpowers. Mr Xi said they had made progress, while Mr Blinken indicated that both sides were […]
and the economic crisis. The Association, which represents all Licensed Banks […]
[…]The post Paris Summit To Push For Global Debt Reforms & What Sri Lanka Could Bring To The Table appeared first on Colombo Telegraph.
The World Bank is likely to approve $700 million in budgetary and welfare support for Sri Lanka at its next board meeting on June 28, sources told Reuters, the biggest funding tranche for the crisis-hit island nation since an IMF deal in March. The economy of the country of 22 million is expected
The World Bank is likely to approve $700 million in budgetary and welfare support for Sri Lanka at its next board meeting on June 28, sources told Reuters, the biggest funding tranche for the crisis-hit island nation since an IMF deal in March.The post World Bank set to approve $700 Million for Sri
ලබන සතියේදී ශ්රී ලංකාව වෙනුවෙන් ඩොලර් මිලියන 700ක අරමුදලක් ලෝක බැංකුව විසින් අනුමත කිරීමට නියමිත බව රොයිටර්ස් පුවත් සේවය වාර්තා කර තිබෙනවා. “COLOMBO, June 19 (Reuters) – The WorldThe post ලෝක බැංකුවෙන් ඩොලර් මිලියන 700ක් ? appeared first on ITN News.
The World Bank is likely to approve $700 million in budgetary and welfare support for Sri Lanka at its next board meeting on June 28, sources told Reuters, the biggest funding tranche for the crisis-hit island nation since an IMF deal in March.
[…]The post Take A Leaf From The American Playbook: Indict The Rajapaksas: Accountability, Accountability & Accountability appeared first on Colombo Telegraph.
More than 300 Pakistani nationals have been killed in the sinking of a packed trawler off the coast of Greece, the latest tragedy to expose the refugee crisis confronting the European Union as tens of thousands seek sanctuary from war, persecution and poverty.
By N Sathiya Moorthy Addressing a teacher-centric event at ‘Temple Trees’ the other day, President Ranil Wickremesinghe underscored the importance of English education and promised to ensure that teachers and necessary resources are provided for the purpose. In the same vein, he also highlighted that the opportunity should also be given to learn languages such as […]
and economic crisis. “I guess the worst is over. Sri Lankan automotive component manufacturers have gone th...
Sri Lanka President Ranil Wickremesinghe early this morning (June 17) left the island for the United Kingdom (UK) and France on an official visit.The post Sri Lanka President Ranil Wickremesinghe leaves for UK and France on official visit appeared first on ONLANKA News - Sri Lanka Latest Breaking News and Live Updates - Sri Lanka News.
Nearly 40 pupils have been killed at a school in western Uganda by rebels linked to the Islamic State group (IS). Five militants attacked the Lhubiriha secondary school in Mpondwe at around 23:30 (20:30 GMT) on Friday. They entered dormitories, setting fire and using machetes to kill and maim the pupils, officials said. The Allied […]
[…]The post Kurundi: A Runway To ’56? appeared first on Colombo Telegraph.
Exactly one year after political chaos and economic crisis hit Sri Lanka, President Ranil Wickremesinghe is visiting India for a day on July 21 to consolidate ties with New Delhi, which gave nearly USD 3.5 billion in emergency aid to stabilize the island nation.
Beijing [China], June 10 (ANI): China’s local governments are finding it difficult to service debt raised via municipal and Local Government Financing Vehicles (LGFVs) bonds, as their fiscal position has become tight due to the slowing economic growth and fall in revenue receipts amid a downturn in the property market. According to S&P Global Ratings […]
Mali’s foreign minister has called on the UN to withdraw its peacekeeping force from his country “without delay”. Addressing the UN Security Council Minster Abdoulaye Diop accused the force ‘Minusma’ of having “become a part of the problem in fuelling communal tension”. Minusma has more than 13,000 troops. Its decade-old mission has failed to stop […...
Saturday 17th June, 2023 A health sector strike is something the public needs like a hole in the head, especially at this juncture. Most people are struggling to keep the wolf from the door, and a square meal is a luxury for them. Needless to say, they cannot afford treatment at private medical institutions. Even […]
[…]The post Crisis Of Boys’ Education: Part – II – Crisis In Nurturing Boys appeared first on Colombo Telegraph.
Sri Lanka's economy (LKGDP=ECI) shrank 11.5% in the first three months of 2023, official data showed on Thursday, as the country remained in the grip of its worst financial crisis in decades.The post Sri Lanka’s economy shrinks 11.5% in first quarter as financial crisis continues appeared
creditors to discuss Sri Lanka’s ongoing debt crisis. Gunawardena said the country’s economy showed [...
Thursday 15th June, 2023 Sri Lanka Customs has reportedly informed the government that it will not be able to meet its revenue targets due to the existing ban on vehicle imports. It has suggested that a foreign credit line be opened for the import controls at issue to be eased. But the question is why […]
Some 110 million people have had to flee their homes because of conflict, persecution, or human rights violations, the U.N. High Commissioner for Refugees says.
Bangladesh’s loan application for the much-talked-about Teesta River project has failed to hold water in the ‘preliminary evaluation’ by China, reportedly for some gaps mainly in cost-benefit calculations. However, the Chinese side assured its highest consideration for the ‘Teesta River Comprehensive Management and Restoration Project’, saying that Bangladesh should resubmit the loan application w...
The Body Shop store in Colombo City Centre, members of the beauty influencer community, the media, and select guests, were treated to an enlightening and engaging workshop conducted by socio-ecological researcher and practitioner, Savandie Abeyratne. In keeping with the “Beat Plastic Pollution” theme of this year, the event raised awareness on the detrimental effects […]
As well-established champions of sustainability in the global beauty industry, The Body Shop Sri Lanka commemorated World Environment Day this year by hosting “Beauty Upcycled” – a DIY and upcycling workshop aimed at spreading awareness on the importance of rethinking our approach to plastics as part of the larger goal of reducing our load […]
India’s proactive actions have been critical in supporting Sri Lanka’s reform efforts, US Treasury Secretary Janet Yellen said. She noted that when India and the US work together they can add significant momentum to important efforts. “During the past six months, we have made progress across a number of areas. Debt distress in the developing […]
foreign credit line to facilitate vehicle imports proposed Revenue shortfall Rs 443 bn: By Shamindra Ferdinando Sri Lanka Customs has warned the Finance Ministry that it will fall short of its revenue targets for 2023 by at least Rs. 443 bn unless the government abolishes the ban on vehicle imports as well as restrictions on […]