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ECONOMYNEXT – Sri Lanka’s central bank said it was holding its policy rates at 15.50 percent, while data showed market interest rates are close to twice the rate and private credit and imports falling. Monetary Policy Review: No. 06 – August 2022The Central Bank of Sri Lanka maintains policy interest rates at their current levelsThe Monetary Board of the Central Bank of Sri Lanka...
- Sri Lanka policy rate unchanged as market rates rise, money printing warnings (Category: Breaking News)
- Sri Lanka keeps its key policy rates unchanged, expects a dampening effect on credit growth (Category: Breaking News)
- Sri Lanka keeps its key policy rates unchanged, inflation expected to moderate (Category: Breaking News)
- CB says economy, markets stable (Category: Business)
…questions mysterious cancellation of Japanese-funded LRT project By Shamindra Ferdinando Ruling party rebel lawmaker Prof. Charitha Herath says that the cancellation of the Japanese funded USD 1.5 bn light rail transit (LRT) project remains a mystery. The SLPP National List MP told The Island yesterday (17) that his efforts, in his former capacity as Chairman […]
- Herath: COPE dissolution must not hinder probe into economic crisis (Category: Breaking News)
- SLPP questions GR’s response to ‘Aragalaya’ (Category: Breaking News)
- Sri Lanka president raps MPs backing him now over opposing FDI (Category: Breaking News)
- GL questions Kariyawasam on backing Ranil for office of president (Category: Breaking News)
Samagi Jana Balavegaya MP Eran Wickremaratne yesterday (17) said 52 state enterprises had suffered staggering losses, totalling Rs 560 bn, during the period January-April of this year. The accusation was made at a media briefing at the Opposition Leader’s Office, at Sir Marcus Fernando Mawatha. The former UNP State Minister demanded that restructuring of such […]
Thursday 18th August 2022 Speculation is rife that former President Gotabaya Rajapaksa is planning to return to Sri Lanka. The question, however, is not whether he is coming, but what he is doing overseas. The anti-government protesters who engineered his ouster called upon him to ‘go home’; they did not ask him to flee the […]
- President Rajapaksa leaves Maldives on Saudi plane - report (Category: Breaking News)
- Speaker retracts statement on President leaving country (Category: Breaking News)
- Out, then not out; Sri Lanka Speaker retracts his own statement on president’s whereabouts (Category: Breaking News)
- Gotabaya should not act has a politician: UNP (Category: Breaking News)
By Dr Upul Wijayawardhana Scapegoat, according to the third book of the Torah and of the Old Testament – Leviticus, is the goat that was sent to the wilderness after the Jewish priest had symbolically laid all the sins of the people on it. It looks as if we had done the same to Gota, […]
- Tamil Nadu politicians were not aware on Lankan issue: Minister Basil Rajapaksa (Category: Breaking News)
- Economic decisions cannot be taken by politicians  Namal (Category: Breaking News)
- There is a man-made economic crisis in Sri Lanka - PM (Category: Breaking News)
- Sri Lanka protestors to vacate Galle Face, withdraw writ petitions (Category: Breaking News)
Seylan Bank, the Bank with a Heart, in partnership with the Ceylon Chamber of Commerce (CCC) Centre for SMEs and CIMA, conducted a workshop in Puttalam for owners of SME businesses from the area. Over the years, Seylan Bank has taken up the role of mentor towards the SME sector in Sri Lanka, with the […]
- Union Bank continues free advisory services to SMEs (Category: Business)
- NDB continues to empower entrepreneurs (Category: Business)
- Union Bank conducts free SME Advisory Services workshop in Galle (Category: Business)
- DFCC a strategic banking partner to SMEs (Category: Business)
President Ranil Wickremesinghe, speaking of the reforms he plans to introduce, stated that the Sri Lankan government is looking at raising income taxes and widening the tax net by taxing capital and wealth in order to bring in some of the lost revenue.
Market down for 2nd time in 14 straight sessions
- Sri Lanka Nestlé unit’s profit up 34% amid net financial expenses jump (Category: Breaking News)
- Bourse up on strong earnings; Rupee weaker (Category: Business)
- Sri Lanka’s Expolanka profit skyrockets over 200% on exports, rupee depreciation (Category: Breaking News)
- Sri Lanka stocks fall after fuel price hike (Category: Breaking News)
The move also aims to promote a greener transportation sector, a statement said.
- US facilitates electrification of three-wheelers in Sri Lanka (Category: Breaking News)
- Energy Minister introduces mobile fuel dispensers (Category: Breaking News)
- Sri Lanka’s Power and Energy Minister introduces Mobile Fuel Dispensers (Category: Breaking News)
- Path Finder (Category: Business)
"It will also simplify some season tariffs, meaning additional and simpler access for Sri Lanka's exports to the UK."
- VRS Scheme (Category: Business)
- Quality Leaf (Category: Business)
- Liquidity Status (Category: Business)
- Deposit Protection (Category: Business)
Azdak’s Judgments: by Laleen Jayamanne Soldier: Your Honour, we meant no harm. Your Honour, what do you wish? Azdak: Nothing, fellow dogs. Or just an occasional boot to lick! […] Fetch me wine, red wine, sweet red wine. ‘In a faraway and long-ago, dark and bloody epoch, in a sunburnt and cursed city, there lived […]
- BOOK REVIEW (Category: Breaking News)
- Teargas cinema and Rukmani Devi (Category: Breaking News)
- So called court martial of Sarath Fonseka is contrary to natural justice principles and Article... (Category: Breaking News)
- If Sarath Fonseka can be trated this way then what could be the plight of ordinary Tamil or Sinh... (Category: Breaking News)
By Hiran H.Senewiratne ‘Sri Lanka is located at the heart of a vital global shipping line and more than 45000 ships and an equal number of aircraft navigate this route via Sri Lanka’s Dondra head annually. However, not a single ship nor aircraft is enabled to make a stop-over at Dondra for bunkering, re-fueling and […]
- Debenture Rating (Category: Business)
- Sri Lanka Gets $6 Billion of Orders for 10-Year Bonds (Category: Breaking News)
- Sri Lanka draws $6 Billion of orders in global bond sale (Category: Breaking News)
- Cricket Deficit (Category: Business)
Market has been on the rise due political stability hope after months of protests
- Record breaking Stock Market (Category: Breaking News)
- Sri Lanka stocks slip in first-hour trade (Category: Breaking News)
- Sri Lanka stocks gain near 4-pct in first hour (Category: Breaking News)
- Sri Lanka stocks slip in mid-day trade on Wednesday (Category: Breaking News)
Sri Lanka is to benefit from a new trading scheme launched by the United Kingdom (UK). The UK’s new Developing Countries Trading Scheme (DCTS) is one of the most generous sets of trading preferences of any country in the world, and will benefit Sri Lanka by boosting the economy and supporting
- Sri Lanka to benefit from access to UK’s new trading scheme: high commissioner (Category: Breaking News)
- One Foundation, Many Destinations: UCL International Foundation Year with Global Pathways (Category: Breaking News)
- MAS named Official Clothing Partner for Sri Lanka Athletics Journey to the Olympics 2024 (Category: Breaking News)
- Britain launches trade system for developing countries including Sri Lanka (Category: Breaking News)
The United States (US) is facilitating the electrification of three-wheelers in Sri Lanka. The US Government, through its development agency, the U.S. Agency for International Development (USAID), is committed to accelerating clean energy to drive social and economic sustainable growth in Sri Lanka. Minister of Power and Energy, Kanchana Wijesekera and the U.S. Ambassador to […]
- Sri Lanka partners with USAID to convert petrol-run tuktuks to electricity (Category: Breaking News)
- Biden announces $20 Million in additional assistance to Sri Lanka (Category: Breaking News)
- Motor traffic act to be amended to register electric tuk tuks (Category: Breaking News)
- New Zealand assures Sri Lanka continuous assistance (Category: Breaking News)
The MPs’ political engagement “in a highly sensitive issue such as this” was “totally unnecessary”, Herath tweeted.
- Sri Lanka should prevent Chinese vessel from reaching Hambantota port (Category: Breaking News)
- Sri Lanka asks China to defer arrival of ship after India objects (Category: Breaking News)
- Chinese Survey Vessel Yuan Wang 5 reaches Port of Hambantota in Sri Lanka (Category: Breaking News)
- Yuan Wang 5 triggers a moot point of contentious politics between India and Sri Lanka (Category: Breaking News)
Transco Cargo (Pvt) Ltd, the Sri Lankan office of Transco Cargo Australia (Pty) Ltd, a leading freight forwarding and logistics service provider in Australia, has recorded a remarkable first year financial performance by achieving over LKR 1 billion in revenue for the 12 month period ending 31st March 2022. To celebrate this ground-breaking financial achievement […]
- MAS Holdings enters new venture with BAM Knitting (Category: Breaking News)
- Aqua Dynamics among 50 Best Workplaces in Sri Lanka (Category: Breaking News)
- Sri Lanka appeals to UK to lift travel advisory (Category: Breaking News)
- Joseph Fraser, the unique and prestigious maternal hospital introducing unique services (Category: Breaking News)
The incumbent Government was operating as per the wishes of the Rajapaksa clan, MP Dr. Harsha De Silva said on Sunday (August 14).The post Current Administration panders to whims and fancies of Rajapaksa clan – Harsha appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
- Policy Debate (Category: Business)
- Nimal Siripala re-appointed as Cabinet Minister (Category: Breaking News)
- Sri Lanka to restart IMF bailout talks, president calls for unity Government (Category: Breaking News)
- Sri Lanka President says proposals set forth by parties to form all-party Government will be sha... (Category: Breaking News)
[…]The post Consolidating Power Of Government At Expense Of People appeared first on Colombo Telegraph.
- Staggered Reform To Save Country From Peril (Category: Breaking News)
- System Change Plus Politician Change Through Elections (Category: Breaking News)
- Straying Far From Promise Of All Party Interim Government (Category: Breaking News)
- Interim Government For Reform Not Consolidation (Category: Breaking News)
By Shamindra Ferdinando Opposition and Samagi Jana Balavegaya Leader, Sajith Premadasa, says that the current economic crisis shouldn’t be exploited to form a jumbo Cabinet, under any circumstances. “The national economy is in such a pathetic state that those struggling to make ends meet
- SJB alleges Prez under SLPP pressure to give up power to dissolve Parliament (Category: Breaking News)
- Absence of dialogue among MPs unfortunate – Gevindu (Category: Breaking News)
- Proposed all-party govt: Prez wins support from unexpected quarters (Category: Breaking News)
- 22 A: Karu J, too, makes some suggestions (Category: Breaking News)
By Anushka Kahandagamage Protesters defeated the dictatorial Rajapaksa regime, making the Rajapaksas resign from their positions, premiership and presidency, of the government. After the collapse of the dynasty, Ranil Wickremesinghe, a Rajapaksa puppet, came to power with the support of a distorted majority in Parliament. Having got himself appointed as President, without a people’s mandate, [R...
- President insists GotaGoGama protest site not removed (Category: Breaking News)
- Recent Political Violence And Its Consequences (Category: Breaking News)
- Ranil Wickremesinghe’s Sixth (Mis)adventure: An Indisputable Reason For The ‘Aragalaya’ To Stay ... (Category: Breaking News)
- Sri Lanka’s Foot-Fighting Struggle & Postmodern Style (Category: Breaking News)
UNDP Sri Lanka launches two programmes calling young innovators to act on climate change International Youth Day (IYD) advocates for the participation of young people in actioning chang around the world. To commemorate the significance this year and to provide a platform to young leaders in Sri Lanka, the United Nations Development Programme (UNDP) in Sri Lanka launched two new calls for young ...
- Sri Lanka among most vulnerable countries to climate change (Category: Breaking News)
- Sri Lanka among most vulnerable countries to climate change (Category: Breaking News)
- Sri Lanka joins UNREDD for the role of forests to address climate change (Category: Business)
- Sri Lanka tops South Asia in Human Development (Category: Breaking News)
Ken Vijayakumar, a versatile business, and People’s professional, currently holding the position of Deputy General Manager – Human Resources, Administration, Purchasing and Sustainability at A. Baur & Company (Pvt.) Ltd was elected as President of CIPM Sri Lanka, the Nation’s leader in human resource management, at its Annual General Meeting held recently. Prior to his […]
- Sri Lanka: SL Commissions have failed to produce positive results (Category: Breaking News)
- FCCISL organised workshop on Professional Chamber and Association Management (Category: Business)
- Knowledge on project management vital – PM (Category: Breaking News)
- Fifteen year action plan for promotion of human rights in Sri Lanka (Category: Breaking News)
SJB MP Dr. Harsha De Silva, on Sunday, said that the incumbent government was operating as per the wishes the Rajapaksa clan. Addressing the media at the Opposition Leader’s Office, in Colombo, the MP said that the prevailing situation was not the expectation of the people at the Aragalaya protests. “They demanded a system change. […]
- Devotees leave thousands of kilos of plastic in Kumana (Category: Breaking News)
- Gota leaves Singapore after fleeing protesters at home (Category: Breaking News)
- Choose Ranil and you choose a cycle of carnage and catastrophe (Category: Breaking News)
- Colombo police thirsting for teargas (Category: Breaking News)
The index has risen 19.6% in the last 12 sessions
- Sri Lanka bourse slips ahead of policy rates, IMF (Category: Breaking News)
- Sri Lanka shares rise from 3-wk low; foreigners buy (Category: Breaking News)
- Sri Lanka stocks edge down on tax hike worries after PM appointed as new finmin (Category: Breaking News)
- Sri Lanka sells Rs50bn of Treasury bonds (Category: Breaking News)
By Ambassador Gurjit Singh In a globalising world there was an increasing shift towards development partnership. Today, when globalisation is threatened due to the pandemic and a new war in Europe, there is a greater requirement for development partnership programmes. India’s approach to development partnership was rooted in the experience of India’s freedom movement. This […]
- India calling (Category: Business)
- Joint celebration of International Students’ Day and ITEC Day (Category: Business)
- India -Sri Lanka Joint Declaration on President Rajapaksa Visit to New Delhi (Category: Breaking News)
- Academic building built under Indian assistance inaugurated in Nepal (Category: Breaking News)
[…]The post JR & Expert Advice: Failing To Implement Goh Keng Swee Report Of 1980 appeared first on Colombo Telegraph.
- A Child’s Guide To Currency Boards: Why Did Ceylon Give Up The Currency Board, While Singapore D... (Category: Breaking News)
- IMF Facility? Is It Sufficient To Deliver Prosperity To Sri Lankans? (Category: Breaking News)
- RW’s Tax Hike Welcome But Much More To Be Done To Come Out Of The Crisis (Category: Breaking News)
- A Child’s Guide To Currency Board Systems: Has The Monetary Board Failed The Nation? (Category: Breaking News)
[…]The post Ripples In The Indian Ocean: Yuan Wang 5 & Easter Sunday 2019 appeared first on Colombo Telegraph.
- Pelosi’s Pivot As Cold War & Colonialism Rebound: Blue-Greenwash In The Indian Ocean (Category: Breaking News)
- A Staged Default & Sovereign Bond Debt Trap? IMF’s Spring Meetings Amid Hybrid Cold War (Category: Breaking News)
- Masks Of Democracy & Energy Geopolitics: Is Full Spectrum Dominance The Endgame? (Category: Breaking News)
- Elon Musk To Rescue Sri Lanka From IMF Debt Bondage? (Category: Breaking News)
By SUSHANT SAREEN The bye-elections to 20 Punjab Assembly seats on 17 July have sent shockwaves through Pakistan’s fragile political and economic system. It would be an understatement to claim that the results were entirely unexpected. On the eve of the elections, there was virtually a consensus amongst political pundits that the ruling Pakistan Muslim […]
- 400 Shops In Colombo To Be Sealed (Category: Breaking News)
- Video: HIRU THANIWELA EP 400 (Category: Video)
- IPO To Raise Rs. 400 mn (Category: Breaking News)
- Video: CoL has increased by 400 percent - Maithri (Category: Video)
[…]The post Ranil’s Cabinet Trap & Aragalaya appeared first on Colombo Telegraph.
- The President, IMF & System Change (Category: Breaking News)
- Systemic Change: Its Enemies & Friends (Category: Breaking News)
- Parliament Of Monkeys (Category: Breaking News)
- Ranil Wickremesinghe: A Hired Premier (Category: Breaking News)
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