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by Eng. Parakrama Jayasinghe This is the question in everybody’s mind these days. Anything up to 10 hours of blackouts have been predicted by the Ceylon Electricity Board (CEB) trade unions. But Minister of Power and Energy, Kanchana Wijesekera, has been quick to contest this prediction while being careful not to say that there will […]
- CEB says suspension of power cuts not possible (Category: Breaking News)
- No power cuts due to N’cholai unit failure – Minister (Category: Breaking News)
- HRCSL opposes power cuts during A/L (Category: Breaking News)
- Sri Lanka says no more power cuts, until further notice (Category: Breaking News)
[…]The post Nation Needs Renewed Public Activism To Realise Lost Hopes appeared first on Colombo Telegraph.
- Political Robber Barons Fear The Rejuvenated ‘Aragala’ Spirit! (Category: Breaking News)
- People’s Power Under Siege Within Sri Lanka’s ‘Demo-Crazy’! (Category: Breaking News)
- With Impunity Remaining Normalised, What Hope For Sri Lanka? (Category: Breaking News)
- Can Sri Lanka Come Out Of Its ‘Deer In The Headlights’ Mindset? (Category: Breaking News)
(AFP)Sri Lanka on Thursday welcomed the first Russian travellers aboard a new flight service that was launched after the bankrupt nation urged Moscow to help revive its beleaguered economy by sending tourists. Russia was Sri Lanka’s biggest source of visitors at the start of the year but arrivals
- Russian airline Aeroflot resumes flights to Sri Lanka after 4 months (Category: Breaking News)
- Putin orders to increase flights between Russia and friendly states (Category: Breaking News)
- Russian Airline Red Wings commences direct flights to Sri Lanka (Category: Breaking News)
- Govt. to get Russian, Chinese flights to Mattala (Category: Breaking News)
Four in every 10 households in Sri Lanka experienced a reduction in their incomes from June to December 2022, and one in every two households are currently relying on negative coping mechanisms to cope with the lack of food or money to buy it, a Food and Agriculture Organisation (FOA) report said. In its response […]
- Food insecurity improves in Sri Lanka but prevails within specific regions- report (Category: Breaking News)
- Food Oppression (Category: Business)
- Food Taxes (Category: Business)
- Food insecurity improved in Sri Lanka but prevails within specific regions  FAO and WFP (Category: Breaking News)
[…]The post Can Sri Lanka Drive Itself From Bankruptcy To Prosperity In 2023? appeared first on Colombo Telegraph.
- Budget 2023 Will Be The Acid Test Of RW’s Magic Wand (Category: Breaking News)
- Navigating The Economic Reawakening & Sustainable Growth (Category: Breaking News)
- Sri Lanka’s New Government: Be Warned Of The Empty Treasury & Negative Foreign Reserves (Category: Breaking News)
- Bankrupt Sri Lanka Celebrated Independence, But Now It Is Back To Hard Economic Realities (Category: Breaking News)
When Sri Lanka slid into its worst economic crisis in seven decades leading to deadly riots and alarming shortages of fuel, food and medicines earlier this year, its giant northern neighbour stepped into the breach.
When Sri Lanka slid into its worst economic crisis in seven decades leading to deadly riots and alarming shortages of fuel, food and medicines earlier this year, its giant northern neighbour stepped into the breach.The post India makes inroads into Sri Lanka under China’s long shadow appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Infrastructure, energy and debt on agenda as Sri Lanka president arrives in India (Category: Breaking News)
- India says it will protect its interests as Chinese boat heads to Sri Lanka (Category: Breaking News)
- India plans no more funding for Sri Lanka as IMF talks progress (Category: Breaking News)
- India, Sri Lanka agree to boost ties through energy, power and port projects (Category: Breaking News)
India, the world’s third-largest producer of renewable energies, will look to project its soft power through its green initiatives during G20 Presidency, writes Olivier Guillard for French publication, Asialyst. “On December 1, India, for the first time in its history, took over the presidency of the G20. Through its green initiatives, the world’s third largest […]
- Our ties have entered T20 mode: PM on deepening relations with Australia (Category: Breaking News)
- India, UAE reach agreement on green hydrogen development and under sea cable connectivity (Category: Breaking News)
- Jha highlights growing Indian power, reiterates commitment to strengthening ties with SL (Category: Breaking News)
- UAE Minister expresses gratitude to PM Modi for hosting G20 Energy Ministers’ meeting in Goa, ca... (Category: Breaking News)
Sri Lanka is to sell four plots of land in Colombo Port City for an investor to establish a facility for bunkering, a Minister told journalists.The post Sri Lanka to sell plots in Colombo Port City for bunkering – Minister appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka to sell plots in Colombo Port City for bunkering - Minister (Category: Breaking News)
- Part of port land up for sale (Category: Breaking News)
- Sri Lanka to introduce new visa types for Colombo Port City investors (Category: Breaking News)
- Sri Lanka to welcome first downtown duty free store in April 2024 (Category: Breaking News)
Sri Lanka would sell four plots of land at the Colombo Port City to an investor for the establishment of a facility for bunkering, a minister told journalists on Saturday. Minister of Ports, Shipping and Aviation, Nimal Siripala de Silva said that they have also called for expressions of interest to start an aviation fuel storage […]
President Ranil Wickremesinghe said that hunger has no party or colour and that everyone should come together to make the food security program a success in order to face the future food shortage as a strong country.The post Everyone should unite to make food security program a success – President appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Everyone should unite to make food security program a success - President (Category: Breaking News)
- National policy would be introduced to ensure food security – President (Category: Breaking News)
- Step out of traditional politics and fulfil moral responsibility – President (Category: Breaking News)
- Initial steps taken through budget to strengthen economy under five-year plan – President (Category: Breaking News)
Sri Lanka's economy shrank 11.8% in the July-September quarter from a year ago, the second worst for the country, government data showed on Thursday, as it struggled with deep unrest sparked by its most severe financial crisis in decades.The post Sri Lanka’s economy shrinks 11.8
- Sri Lanka’s Economy suffers worst contraction in 2022 (Category: Breaking News)
- Sri Lanka’s economy returns to growth, led by agriculture (Category: Breaking News)
- Jobless rate rises to troubling levels as economic crisis stings employment (Category: Breaking News)
- Sri Lanka GDP outlook slashed as economy struggles to recover – report (Category: Breaking News)
[…]The post RW’s Political Rating & Fitch’s Credit Rating appeared first on Colombo Telegraph.
- Ranil’s One Policy Framework, Debt & The System (Category: Breaking News)
- Systemic Drain (Category: Breaking News)
- Involuntary & Inequitable DDO (Category: Breaking News)
- RW’s Budget Of Hopes & Politics (Category: Breaking News)
[…]The post President’s Peace Overture Ignores Muslims appeared first on Colombo Telegraph.
- Will Subramanian Swami‘s Visit Revive Racist Politics? (Category: Breaking News)
- Remembrance Week Marking Persecution Of Sri Lankan Muslims (Category: Breaking News)
- No one to listen to the plight of Lankan Muslims (Category: Breaking News)
- Rohan Gunaratna Hostility Towards Muslims (Category: Breaking News)
The 20th Communist Party Congress of China may put a hold on the Chinese restructuring talks with Sri Lanka to secure the $2.9 billion facility to revive the ailing economy. The deadline was set for December, but it may be extended to January, according to the Central Bank of Sri Lanka. China
- Sri Lanka has miles to go for IMF debt relief and salvaging the payments crisis (Category: Breaking News)
- China assures Sri Lanka of its help in addressing debt challenges (Category: Breaking News)
- India’s response to debt restructuring request expected by Jan end: SL (Category: Breaking News)
- Bad news for Beijing: Colombo will not allow China to use Sri Lanka as base to threaten India (Category: Breaking News)
Monday 5th December, 2022 The holier-than-thou frontbenchers of both sides of Parliament have been displaying their knowledge of Buddhism, of late, by quoting extensively from the Sutta Pitaka, the way drunkards use lamp-posts—for support rather than illumination. A discussion on Dhamma in Parliament is like a conference on animal rights at an abattoir, or a […]
- Ven. Sobitha asks protesters to vacate buildings after President’s resignation (Category: Breaking News)
- Chief Incumbent of Mihintale Raja Maha Viharaya complains IMF ruling SL (Category: Breaking News)
- Mahanayakes tell President not to implement 13A (Category: Breaking News)
- Thera calls for urgent action to rehabilitate military personnel addicted to drugs (Category: Breaking News)
[…]The post World Bank Assistance Too Is Subject To Conditions! appeared first on Colombo Telegraph.
- Banks, Fitch Ratings, NPLs & Impairments! (Category: Breaking News)
- Banks, Fitch Ratings, NPLs & Impairments! (Category: Breaking News)
- Economic Gloom, LG Polls & Coalitions Of Clowns (Category: Breaking News)
- Economics Of Poverty & Poverty Of Politics (Category: Breaking News)
[…]The post Budget 2023: A Depth Or Dearth appeared first on Colombo Telegraph.
- Domestic Debt Restructuring: Another Time Bomb Clicking Down? (Category: Breaking News)
- Tax! Tax!! Tax!!! (Category: Breaking News)
- Budget 24: High Aspirations Amidst Mounting Challenges But Options Are Limited (Category: Breaking News)
- The Role Of National Defence In A Crisis-Ridden Economy (Category: Breaking News)
[…]The post An Unstable & Unusual New World: Survival Strategies For Lanka appeared first on Colombo Telegraph.
- Next Round: Ranil Versus The JVP (Category: Breaking News)
- Sino-Indian Economic Competition (Category: Breaking News)
- Sino-Indian Economic Competition (Category: Breaking News)
- Sino-Indian Economic Competition (Category: Breaking News)
[…]The post From Crisis Prime Minister To Put Down President appeared first on Colombo Telegraph.
- Ranil-Rajapaksa Dilemmas: Push Back On Basil Or Risk Leaving Like Gota (Category: Breaking News)
- Neither North Nor South, Ranil At Home With The Global Right (Category: Breaking News)
- Aragalaya In Israel, IMF In Sri Lanka (Category: Breaking News)
- Post-Budget Politics & Presidential Options (Category: Breaking News)
BY Ajeyo Basu New Delhi: Since its creation in 1947, Pakistan has based the very purpose of its existance on establishing Muslim rule over ‘Hindu’ India. However, the setbacks in the wars of 1965 and 1971 made the Pakistan Army – the actual rulers of the impoverished country – realise the futility of direct military confrontation […]
- Pakistan Reaps What It Sowed (Category: Breaking News)
- What is behind a resurgence of violent attacks in Pakistan? (Category: Breaking News)
- Pakistan’s Alarming Rise in Terrorism Is Fueled by Afghanistan (Category: Breaking News)
- Pakistan restricts movement of Afghans through Torkham border after rise in terror attacks: Report (Category: Breaking News)
Sri Lanka’s inflation is expected to significantly cool in the coming months after peaking near 70% this year, and the nation may gradually relax a currency band as inflows improve, central bank governor Nandalal Weerasinghe said.The post Sri Lanka’s inflation expected to significantly cool in the coming months – CBSL Governor appeared first on Sri Lanka News - Latest Breaking News in ...
- Sri Lanka’s headline inflation may rise to 70% in coming months – Central Bank of Sri Lanka (Category: Breaking News)
- Sri Lanka central bank chief: monetary policy transmission still incomplete (Category: Breaking News)
- Sri Lanka to introduce new central bank law, inflation target (Category: Breaking News)
- Sri Lanka Says Inflation Nears Peak, Easing Pressure on Economy (Category: Breaking News)
[…]The post Who Has Printed The Biggest Quantity Of Money? Lakshman, Cabraal Or Nandalal? appeared first on Colombo Telegraph.
- A Child’s Guide To Currency Board Systems: The Performance Of Ceylon’s Currency Board (Category: Breaking News)
- A Child’s Guide To Currency Board Systems: Has The Monetary Board Failed The Nation? (Category: Breaking News)
- Four Popular Fallacies Relating To Central Banking (Category: Breaking News)
- Central Bank Independence: Issue To The Fore Again, But Will The Government Have Foresight To Do... (Category: Breaking News)
The dramatic fuel shortages that accompanied mass protests in Sri Lanka earlier this year may have eased, but for millions of Sri Lankans the economic crisis is worse than ever, said a report by the Amnesty International. It said: This month, the United Nations renewed a humanitarian appeal, stating that 28 percent of the population faces […]
- India s Adani Group to run three Sri Lankan airports? (Category: Breaking News)
- International rights groups slam Sri Lanka s flawed plans for a Truth Commission (Category: Breaking News)
- Ankara donates consignment of urgently needed medical supplies to Sri Lanka (Category: Breaking News)
- Rights group: Sri Lankan Tamil women exposed to sexual violence, trafficking after war (Category: Breaking News)
[…]The post Lanka’s Vanishing Fish: Corporate Capture & Import Dependency Deepen The Debt Trap appeared first on Colombo Telegraph.
- The Paris Club, Dollar Debt Colonialism & Asia’s New “Donors”: Reforming The International Aid A... (Category: Breaking News)
- Channel 4’s Easter Sunday: The IMF Descends Amid An Over The Horizon Operation Staring ‘Sonic-So... (Category: Breaking News)
- A French Spring Amid IMF Mission Creep: Ranil Tangoes In Paris As Macron Pivots To BRICS (Category: Breaking News)
- ‘Make The Economy Scream’: Whither The Asian 21st Century? (Category: Breaking News)
[…]The post What Is To Be Done? – Anura Kumara Dissanayake appeared first on Colombo Telegraph.
- Anatomy Of A Change; From Wijeweera’s JVP To AKD’s NPP (Category: Breaking News)
- The Police & Aragalaya Activists In A Time Of Social Upheaval (Category: Breaking News)
- Government’s Attempt To Redefine The Political Discourse & Direction Through Suppression (Category: Breaking News)
- Restoring Parliamentary Government (Category: Breaking News)
Sri Lanka's central bank is expected to keep rates steady as inflation shows signs of easing and as authorities focus on discussions to secure a $2.9 billion International Monetary Fund (IMF) bailout to stabilise its crisis-hit economy.The post Sri Lanka to hold rates as inflation slows slightly, focus on IMF bailout appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA Ne...
- Sri Lanka Central Bank to hold rates as inflation worries persist (Category: Breaking News)
- Sri Lanka’s Central Bank to hold rates as inflation stays high (Category: Breaking News)
- Central Bank of Sri Lanka threatens administrative measures over high market interest rates (Category: Breaking News)
- Sri Lanka unexpectedly raises rates to fulfil IMF bailout requirements (Category: Breaking News)
By Ramesh Khan At the beginning of the year 2022, none in Sri Lanka would have thought that the end of the pandemic would not signal the end of misery. Instead, it signaled the advent of misery in forms that had been unknown to the Sri Lankans until now. A country filled with tourist spots, […]
- IFC to provide $400 million to banks in Sri Lanka (Category: Breaking News)
- $ 400 m IMF lifeline for struggling Sri Lanka (Category: Business)
- Over 400 respond (Category: Breaking News)
- US$ 400 m India-SL energy transaction in the pipeline (Category: Business)
(Al Jazeera) Countries at the United Nations COP27 climate summit in Egypt have adopted a final agreement that establishes a fund to help poor nations cope with the extreme weather events caused by global warming. Following tense negotiations that ran through the night, the summit’s Egyptian presidency released a draft text of the overall agreement […]
- COP27 summit agrees on climate fund for loss and damage in landmark deal (Category: Breaking News)
- IMF calls on G20 to lead by example and honour promise of USD 100 billion per year for climate f... (Category: Breaking News)
- UN chief visits flood-hit Pakistan, appeals for ‘massive’ help (Category: Breaking News)
- President wants compensation from countries that recruit Lankan docs (Category: Breaking News)
Sri Lanka needs to implement budget proposals and reform measures to start earning crucial foreign exchange to help stabilise its economy and ensure it does not return to crisis, its central bank chief said on Tuesday.The post Sri Lanka must implement budget proposals to avoid return to crisis
- CBSL governor says 2023 Budget focuses on economic recovery and stability (Category: Breaking News)
- Sri Lanka central bank chief: monetary policy transmission still incomplete (Category: Breaking News)
- Sri Lanka’s Central Bank Governor asks critics to provide alternatives (Category: Breaking News)
- Sri Lanka signals pause after four rate cuts as IMF loan awaited (Category: Breaking News)
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