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United National Party (UNP) General Secretary Palitha Range Bandara maintained his call to postpone the upcoming elections. Range Bandara stood by his controversial statement made earlier saying postponing the polls was Constitutional. Bandara noted that there has been criticism over his statement but he said the criticism did not come from Samagi Jana Balawegaya leader […]
[…]The post Plan For Transforming The Economy: Lacking Democratic Policy Governance, Will It Be Another Failure? appeared first on Colombo Telegraph.
In an inspired strategic move to rejuvenate foreign investment in the real estate sector, the Sri Lankan Department of Immigration and Emigration has reintroduced the “Investor Visa” program. This revamped initiative, aimed specifically at non-Sri Lankans interested in purchasing condominium units, is set to go live online on June 1st, 2024. The announcement followed a […]
[…]The post Ministry Of Finance, Economic Stabilization & National Policies appeared first on Colombo Telegraph.
[…]The post Is President Wickremesinghe Following In The Footsteps Of His Uncle, President Jayewardene, In 1982? appeared first on Colombo Telegraph.
Two traditional rivals will face off in a crucial group at the T20 World Cup, while two further neighbours are joined by a talented European side. Group A preview: The Asian rivals will face still competition from co-hosts USA, Canada and Ireland in Group A of the ICC Men’s T20 World Cup 2024. The ICC […]
During the “Advancing Energy Transition” round table discussion at the Hilton Colombo on Wednesday (29) morning, President Ranil Wickremesinghe emphasized the need for a comprehensive plan to exploit renewable energy and explore future trends in green hydrogen in Sri Lanka. The event, held in collaboration with the World Bank, the Ministry of Power and Energy, […]
[…]The post Ranil Wickremesinghe’s Promises: The Parrot That Waited In Vain For The Fruit To Ripen appeared first on Colombo Telegraph.
Prime Minister Dinesh Gunawardena insisted that there has not been any discussion in the Government on postponing the Presidential elections. The Prime Minister told reporters that an irresponsible statement had been made on a matter that was never discussed in the Government. United National Party (UNP) General Secretary Palitha Range Bandara had proposed postponing the […]
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 […]
[…]The post Quo Vadis? – Feeding The 225; Don’t Wait For The State; Let’s Act On Our Own appeared first on Colombo Telegraph.
The Sri Lanka Podujana Peramuna (SLPP), which commands a majority in Parliament, has opposed a proposal to postpone the Presidential and Parliament elections. SLPP National Organiser and MP Namal Rajapaksa said that postponing elections is not healthy for any democracy. “Postponing elections is not healthy for any democracy. Extending the terms of the President and […]
The United National Party (UNP) has proposed postponing the Presidential and Parliament elections to keep President Ranil Wickremesinghe in power. UNP General Secretary Palitha Range Bandara said that the economy needs to be rebuilt and the agreement with the International Monetary Fund (IMF
The Central Bank of Sri Lanka has decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) at their current levels of 8.50 per cent and 9.50 per cent, respectively. The Monetary Policy Board of the Central Bank of Sri Lanka arrived at this decision after carefully assessing the […]
The United National Party (UNP), led by President Ranil Wickremesinghe, has proposed a referendum to extend the terms of both the Sri Lankan President and Parliament by two years.The post UNP proposes referendum to Extend Presidential and Parliamentary terms by two years appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to maintain the Standing Deposit Facility Rate (SDFR) at 8.50 percent and the Standing Lending Facility Rate (SLFR) at 9.50 percent.The post Central Bank of Sri Lanka maintains Policy Rates to support Economic Recovery appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
West Indies swept the three-T20I series against South Africa to conclude their T20 World Cup preparations in the most commanding way possible. South Africa, on the other hand, have won just two of their last 11 completed T20I matches since the last T20 World Cup, and have lost series to West Indies twice and Australia […]
The world economy had not recovered from the daunting impact of coronavirus, the geo-political headwinds such as Russia-Ukraine war impacted the recovery process in 2022 and before this war settled, Israel-Gaza conflict deepened the geo-politics and geo-political fragmentation. The geo-political
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
to villages in collaboration with private companies to revitalize the export economy. President Ranil Wickrem...
[…]The post Economic Stability With SOE Reforms Need System Change appeared first on Colombo Telegraph.
[…]The post G.C. Rodrigo: Friend, Colleague & Comrade: ‘When Alone Think Clearly; When With Others Speak Carefully’ appeared first on Colombo Telegraph.
The Economic Transformation Bill and the Public Financial Management Bill were presented to the Sri Lankan Parliament today (May 22).The post Economic Transformation and Public Financial Management bills tabled in Sri Lankan Parliament appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
Sri Lanka's consumer price inflation rose to 2.7% in April from 2.5% in March, according to official data released on Tuesday, as reported by Reuters.The post Sri Lanka’s April inflation climbs to 2.7%, up from March’s 2.5% appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
India, one of the world’s fastest-growing markets The advancement of artificial intelligence (AI) has been transformative, revolutionizing industries and reshaping economies globally. AI technologies, encompassing machine learning, neural networks, and natural language processing, are driving innovation in various sectors, including healthcare, finance, and transportation. These advancement...
Inspired by the teachings of the Buddha, India is taking new initiatives for global welfare Vesak, also known as Buddha Purnima or Buddha Jayanti, is a significant Buddhist festival that commemorates the birth, enlightenment, and death of Gautama Buddha. This important day falls on the full moon in April or May and is a […]
[…]The post President’s Commitment To Economic Reform Is Model For Reconciliation appeared first on Colombo Telegraph.
By N Sathiya Moorthy A bipartisan US congressional resolution, calling for ‘independence referendum’ to Sri Lankan Tamils as the (only) way out of the ethnic conflict is this year’s offering on the 15th anniversary of the ethnic war that lasted twice as many years. Of course, there was also the UNHRC report calling upon the Colombo […]
Since its separation in 1947 from India, entire Pakistan and its leadership have been surviving because of Anti-India sentiments. While India is on its path to becoming the top superpower of the world & the fourth largest economy, Pakistan is struggling to even provide food to its nationals
The President of Iran was on Sunday night feared dead after the helicopter he was travelling in crashed in a mountainous region. The lives of Ebrahim Raisi and Hossein Amirabdollahian, his foreign minister, were “at risk”, an Iranian official said during a large search and rescue mission. Ahmad Vahidi, the Iranian interior minister, blamed the crash, […]