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[…]The post American Chaos, Modi’s Heatwave & Ranil As Common Government Candidate appeared first on Colombo Telegraph.
[…]The post Debate Between Presidential Candidates First: A Point Of View appeared first on Colombo Telegraph.
The Sri Lankan Government says the economy has stabilized and growth is now emerging. State Minister of Finance Shehan Semasinghe said that the currency appreciated from Rs. 360/USD in 2022 to Rs. 300/USD at present. “It is important to understand that exchange rates in Sri Lanka is Market
Reuters says that Sri Lanka has decided to transfer management of its $209 million Chinese-funded airport to two companies from India and Russia, according to a statement from the cabinet on Friday.The post Sri Lanka turns to Indian and Russian companies to manage Chinese-funded Airport appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Japan has provided a grant of US$3 million through the Food and Agriculture Organization of the United Nations (FAO), to strengthen inland fisheries and improve rural livelihoods in partnership with the Ministry of Fisheries in Sri Lanka. The US$ 3 million initiative will bolster food and nutritional security and fortify resilience by establishing four community […]
President Ranil Wickremesinghe appealed to the public not to back another ‘Aragalaya’. He said there is no need to create instability and force the economy to collapse. The President sought support to move forward and create a better Sri Lanka. He was speaking
A Chinese Communist Party delegation including the Deputy Minister of the Department of the International Affairs of the Chinese Communist Party had talks with National Peoples’ Power (NPP) leader Anura Kumara Dissanayake. The Chinese delegation consisted of Sun Haiyan, Deputy Minister of the Department of International Affairs of the Communist Party of China and member […]
[…]The post An Oxygen Economy appeared first on Colombo Telegraph.
[…]The post Justice Does Not Require A Mandate But A New Government appeared first on Colombo Telegraph.
The chairman of the Colombo Stock Exchange (CSE), Dilshan Wirasekera, discusses opportunities for capital raising and the stock market outlook for 2024 in the following interview: Give us an overview of the current market landscape and discuss the CSE’s overall outlook for the year 2024. We believe the overall outlook of the CSE, for the […]
[…]The post Ramayana Trail – The Sacred Mission appeared first on Colombo Telegraph.
The Department of Census and Statistics (DCS) has revealed in its latest report that the overall rate of inflation in Sri Lanka, as measured by the National Consumer Price Index (NCPI) on a Year-on-Year basis, decreased to 2.5% in March 2024, compared to 5.1% in February 2024.The post Sri Lanka’s inflation eases to 2.5% in March 2024 appeared first on ONLANKA - Sri Lanka Latest Breaking News...
[…]The post Palestine & Ukraine: Two More Nails In Imperialism’s Coffin? – Part II appeared first on Colombo Telegraph.
Sri Lankan President Ranil Wickremesinghe declared the government’s commitment to ensuring inclusivity in strengthening the country’s economy, prioritizing both economic growth and citizen welfare.The post Sri Lanka President initiates monthly rice distribution for low-income families appeared
[…]The post Reforming Education: Target For Creative Capital & Not For Mere Human Capital appeared first on Colombo Telegraph.
[…]The post Debt, Divestiture & Discontent appeared first on Colombo Telegraph.
ECONOMYNEXT –The government is expecting to conclude all the transactions related to divestiture of State-Owned Enterprises (SOE) by August this year under an ambitious reform process, the government-led State-Owned Enterprises Restructuring Unit (SOERU) said. However, the divestiture of loss-making Srilankan Airlines is likely to be concluded by September, it said. The SOERU has already called [&...
Having hit a roadblock with international bondholders, uncertainty looms over the economy of crisis-hit Sri Lanka and an upcoming review by the International Monetary Fund (IMF), experts warn.
As a collective body of exporters, we have been at the forefront of sustaining employment and ensuring a steady flow of foreign exchange, even amidst the most severe economic downturns faced by our nation. Our membership covers the majority of merchandise exports, which account for some 13% of Sri Lanka’s GDP. Today, we stand united […]
In a recent televised interview, Nishan de Mel, the Executive Director of Verité Research, stated that holders of Sri Lanka’s International Sovereign Bonds (ISBs) have expressed concerns about specific aspects of the debt sustainability analysis conducted by the country alongside the IMF. This disagreement is one of the key hurdles in reaching an accord with […]
Sri Lankan President Ranil Wickremesinghe expressed his firm conviction in his ability to shape Sri Lanka into the country that the nation’s youth envision.The post President says he will build a Sri Lanka that the youth aspire to appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Friday 19th April, 2024 One wonders whether the Parliament of Sri Lanka, which is full of self-righteous members who moralise to the point of queasiness, has taken upon itself the task of serving as a moral compass of sorts for the nation. Its sessions are characterised by endless tub-thumping. During the past several weeks, Parliament […]
by Dr. Santhushya Fernando, Dr. Laleen Jayamanne and Professor Sumathy Sivamohan We, three academics, coming from three different intellectual disciplines (Medicine, English Literature, Theatre and Film Studies) worked alongside each other here so as to understand this mysterious process of a ‘will to abstraction’ or non-objective art, evident in Sarath’s work. None of us are […]
The Samagi Jana Balawegaya (SJB) has urged the government to maintain transparency in the ongoing debt restructuring process as national elections are around the corner and that the next government will have to honour the conditions agreed upon by the incumbent administration. The SJB said so soon after the government of Sri Lanka rejected international […]
WB: Sri Lanka needs ‘robust and credible structural reforms’ Poverty in Sri Lanka has increased over the past four years, from 11 percent in 2019 to 26 percent in 2024, and the country needs ‘robust and credible structural reforms,’ says the latest report released by the World Bank. The WB report, titled ‘Sri Lanka Development […]
Sri Lanka informed the G-24 Finance Ministers and Central Bank Governors that the country’s economy has now stabilised. State Minister of Finance Shehan Semasinghe told the delegates during the IMF/WB Spring meetings in Washington that the growth momentum in Sri Lanka has commenced. “
Reuters reports that Sri Lanka has turned down a restructuring plan proposed by international bondholders to address its $12 billion debt, thereby endangering crucial International Monetary Fund (IMF) aid and further delaying the resolution of its ongoing two-year debt crisis.The post Sri Lanka debt restructuring stumbles as government rejects bondholders’ proposal appeared first on ONLANKA ...
President Ranil Wickremesinghe assured solutions to plantation workers during a walk along the Pekoe Trail in Nuwara Eliya. The “Pekoe Trail” spans 300+ km through the Central Highlands of Sri Lanka, regarded as one of Asia’s best-kept secret routes. Originating from the renowned city of Kandy, it extends south towards the Hatton and Horton Plains […]
[…]The post Nettles Needing To Be Grasped By Future Leaders Of 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.