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India has approved a special ‘vostro’ account for Sri Lanka, a means of using rupees instead of dollars for international transactions. According to Reuters, Sri Lanka had shown interest in the mechanism and the special vostro accounts have been approved by the Reserve Bank of India (RBI). The Reuters report said that Tajikistan, Cuba, Luxembourg […]
- Indian Central Bank approves five ‘vostro’ accounts for Sri Lanka (Category: Breaking News)
- RBI allows international trade settlement in Rupee (Category: Breaking News)
- Sri Lanka wants to start rupee trade with India (Category: Breaking News)
- India allows Sri Lanka to settle $1 bn credit facility in India rupees (Category: Breaking News)
We are headed towards a fully digitized world. While this may seem ideal during the age of perpetual technological revolutions, the transformation is not without its consequences. The landscape for cyber threats has been steadily expanding in no small part due to cyber criminals being as ambitious and entrepreneurial as ever. The sophistication of the […]
- Sri Lanka crash out of T20 World Cup 2022 (Category: Breaking News)
- The Microsoft Cyber Signals Report Furnishes Strategic Guidance On Comprehending Cybersecurity (Category: Breaking News)
- Jagath Samarawickrama takes oaths as new MP (Category: Breaking News)
- SLPP MP Amarakeerthi Athukorala and security officer found dead (Category: Breaking News)
By Easwaran Rutnam Italy has sought Sri Lanka’s support in its bid to secure the rights to host the 2030 Expo in Rome. Russia, South Korea, Italy, Ukraine, and Saudi Arabia have submitted bids to hold the prestigious event. Gaetano Castellini Curiel, the Deputy Coordinator of the campaign
- President Ranil Wickremesinghe submits draft of ‘Defence Review – 2030’ to the Cabinet (Category: Breaking News)
- National Disaster Management Plan – 2023-2030 to be tabled in Parliament (Category: Breaking News)
- DigiGo.lk Aims to Enable Over 1 Million SMEs to Go Digital and Drive a USD 15 Billion Digital Ec... (Category: Breaking News)
- COVID-19 complications take teen from healthy to hospitalized (Category: USA, Maryland)
Months into Russia’s invasion of Ukraine, it is becoming increasingly clear that the latter’s traumas would not end any time soon. Nor is the invader registering any notable gains from its fatal decision to annex Ukraine by armed means and might. However, it’s abundantly
- A singular triumph for Soft Power (Category: Breaking News)
- What a world! (Category: Breaking News)
- East-West tensions heighten and take on new dimensions (Category: Breaking News)
- As ‘New Cold War’ intensifies, West woos Africa and ASEAN region (Category: Breaking News)
Sandya Ekneligoda, a human rights activist and wife of missing journalist Prageeth Ekneligoda has made it to BBC’s 100 women of 2022.The post Human rights activist Sandya Eknaligoda named among world’s 100 top influential women 2022 appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lankan activist Sandya Ekneligoda makes it to BBC 100 Women 2022 (Category: Breaking News)
- Sri Lanka: Letter To UN-CAT Over Mohan Peiris Claim (Category: Breaking News)
- Shining Light on Sri Lanka’s Dirty Secret: the Disappearance of Prageeth Eknaligoda (Category: Breaking News)
- Sri Lankan President Ranil Wickremesinghe needs to end crackdown – Human Rights Watch (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)
“They may be knifed or their lives threatened” ECONOMYNEXT – Tourists from Russia and Ukraine who are staying in houses in Sri Lanka for long periods are engaging in business activities and should be taxed to prevent them being knifed by competitors, SLPP MP Chandima Weerakkody told
- Ex-Chairman of Sri Lanka Tourism tells govt. not to put cart before horse (Category: Breaking News)
- Tourists suffer as industry bureaucracy is in knots (Category: Breaking News)
- India expected to be top tourist generator in 2023 (Category: Breaking News)
- Chinese tourists back in Sri Lanka from 03 March (Category: Breaking News)
FitchRatings has downgraded Sri Lanka’s Long-Term Local-Currency Issuer Default Rating (IDR) to ‘CC’, from ‘CCC’, and has affirmed the Long-Term Foreign-Currency IDR at ‘RD’ (Restricted Default). Fitch typically does not assign Outlooks to ratings of ‘CCC+’ or below. Fitch has also removed the Long-Term Local-Currency IDR from Under Criteria Observation, on which it was placed […]
- Fitch Upgrades Sri Lanka’s Long-Term Local-Currency IDR to ‘CCC-‘ (Category: Breaking News)
- Fitch downgrades Sri Lanka’s long-term local-currency IDR to ‘CC’ (Category: Breaking News)
- Fitch downgrades Sri Lanka (Category: Breaking News)
- Fitch Ratings warns of risks from political instability in Sri Lanka (Category: Breaking News)
Fitch Ratings has downgraded Sri Lanka’s Long-Term Local-Currency Issuer Default Rating (IDR) to ‘CC’, from ‘CCC’, and has affirmed the Long-Term Foreign-Currency IDR at ‘RD’ (Restricted Default). Fitch typically does not assign Outlooks to ratings of ‘CCC+’ or below. Fitch has also removed the Long-Term Local-Currency IDR from Under Criteria O...
- Fitch Upgrades Sri Lanka’s Long-Term Local-Currency IDR to ‘CCC-‘ (Category: Breaking News)
- Fitch downgrades Sri Lanka (Category: Breaking News)
- Fitch Downgrades Sri Lanka’s Long-Term Local-Currency IDR to ‘RD’ (Category: Breaking News)
- Fitch downgrades Sri Lanka to Restricted Default (RD), sovereign bonds to Default (D) (Category: Breaking News)
Sri Lanka’s Colombo city is among the world's least expensive cities to live in according to the annual Economist Intelligence Unit (EIU) survey.The post Sri Lanka’s Colombo city among world’s least expensive cities to live appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka looks to adventure travel to attract ‘quality’ tourists and help rebuild economy (Category: Breaking News)
- Sri Lanka Government going to further relax import restrictions (Category: Breaking News)
- Forbes lists Sri Lanka as one of the 23 best places to travel in 2023 (Category: Breaking News)
- Over 10.6 million rupees stolen from ATMs in Sri Lanka (Category: Breaking News)
Iran is ready to fulfil the energy needs of India, said Iranian Deputy Foreign Minister Ali Bagheri who is visiting India as part of political consultations between the two countries. “Both countries enjoy different types of cooperation in the economic sphere. They are partners and complete each other — their economies are complementary. Iran enjoys […]
- Chabahar-Central Asia transit route to boost India-Iran cooperation: Raisi (Category: Breaking News)
- India hosts Iran’s deputy FM to push Eurasian link (Category: Breaking News)
- Iran and Sri Lanka agree to free prisoners and boots ties (Category: Breaking News)
- Amid rising tensions with US, China strengthening ties with Iran (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)
to Ukraine appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Vote on SL 'politically motivated'-Russia (Category: Breaking News)
- New resolution on Sri Lanka adopted at United Nations Human Rights Council with 20 votes in favour (Category: Breaking News)
- Sri Lanka supports United Nations resolution calling for humanitarian truce in Gaza (Category: Breaking News)
- Reasons for supporting US resolution – Indian representative at UNHRC (Category: Breaking News)
Sri Lanka abstained from voting on a resolution at the UN General Assembly that calls for Russia to pay war reparations to Ukraine. India, Bangladesh, Bhutan, Brazil, Egypt, Indonesia, Israel, Nepal, Pakistan, South Africa and Sri Lanka were among the countries that abstained. The UN
- Sri Lanka again abstains from voting on resolution against Russia (Category: Breaking News)
- Sri Lanka abstains from voting on resolution against Russia (Category: Breaking News)
- Sri Lanka, India abstain on UN resolution calling on Russia to make reparations to Ukraine (Category: Breaking News)
- China refuses to condemn Russia’s Ukraine invasion during G20 deadlock (Category: Breaking News)
The ‘Countdown to the Middle East Crown – Series 5 Boxing’, organised by DJMC Events UAE, will be held on November 26, at the Hotel Shangri-la Ballroom from 6.00 pm, with doors opening earlier. The event would comprise 10 bouts, featuring 20 professional boxers and three Championship Titles. The ‘Countdown to the Middle East Crown’, […]
- Invitation from Netherlands Alumni Association of Lanka (Category: Breaking News)
- Governing party members harassed by Gota joins Basil (Category: Breaking News)
- Summa (97) still going strong coaching rugby (Category: Breaking News)
- Govt plans accreditation for every profession (Category: Breaking News)
By MAHADIYA HAMZA ECONOMYNEXT – Sri Lanka’s tourism revival is facing a challenge in bringing in more high spending foreign visitors due to increasing protests locally while monetary tightening, impacts of Russian invasion into Ukraine, and rising inflation globally.The move is likely to slow
- Developing plans and policies without young people is a futile exercise: UNICEF Sri Lanka (Category: Breaking News)
- Urgent measures needed to halt exodus of skilled personnel (Category: Breaking News)
- UNDP, EU assistance to equip tourism industry for sustainable future (Category: Breaking News)
- OPA panel discussion: The Role of Domestic Aviation in Sri Lanka Tourism (Category: Breaking News)
Sri Lanka President Ranil Wickremesinghe told the Parliament on Thursday (November 10) Sri Lanka won’t have a major issue with food security during next year, hopefully.The post Sri Lanka won’t have a major issue with food security during next year – President appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Climate Colonialism At CoP 28: Carbon Laundering Via Green Bondscams? (Category: Breaking News)
- SJB: Cop who failed to prevent bombings to be made IGP (Category: Breaking News)
- Cop sacked for playing piano while Gotabaya fled (Category: Breaking News)
- Sri Lankan stakeholders prepare for COP 27 in Joint Climate Change Dialogues (Category: Breaking News)
Unbridled industrialization of the developed countries is the root cause of climate change, leaving the poor to suffer the consequences, President Ranil Wickremesinghe said addressing the COP27 Climate Change Conference in Sharm El-Sheikh, Egypt.The post Developing countries worst affected by rising emissions from industrialized world and must be compensated – President appeared first on Sri...
- Sri Lanka has initiated an action plan to ensure a Green Economy by 2050 – President (Category: Breaking News)
- Sri Lanka President address at the UNGA highlighting Sri Lanka’s journey to rebuild trust and gl... (Category: Breaking News)
- Sri Lanka President issues strong statement after COP27 Conference (Category: Breaking News)
- Sri Lanka President launches International Climate Change University at COP28 (Category: Breaking News)
[…]The post Lack of Common Sense Of A Time-Expired President appeared first on Colombo Telegraph.
- Corruption & Lack Of Common-Sense; Presidential Brutalities (Category: Breaking News)
- Government-Sponsored Terrorism In Sri Lanka (Category: Breaking News)
- Failed Economy: Bribery & Corruption To Maintain Power (Category: Breaking News)
- Downward Spiralling Economy: Increased Govt Spending & Reduced Revenue (Category: Breaking News)
[…]The post Need To Restrain The Power Of Shadow Finance appeared first on Colombo Telegraph.
- End Casino Capitalism: Sri Lanka To Join The Global Minimum Tax Agreement (Category: Breaking News)
- Failed Economy: Bribery & Corruption To Maintain Power (Category: Breaking News)
- The Police & Aragalaya Activists In A Time Of Social Upheaval (Category: Breaking News)
- Debterioration Of Nations Social Security & Protection (Category: Breaking News)
Tamil Guardian asks: The UK policy, regarding mainly Sri Lankan Tamils held in Diego Garcia, is likely to remain unchanged. Some of those who reached Diego Garcia, home for the strategic US military base, over a year ago, have already been sent back “voluntarily” to Sri Lanka. They returned in the wake of the UK […]
- Westminster event declares support for Canadian action against Rajapaksa brothers (Category: Breaking News)
- Lanka warned of Extraterritorial jurisdiction (Category: Breaking News)
- Sri Lanka’s foreign policy dilemma (Category: Breaking News)
- UK considers imposing sanctions on Gen. Silva, others over ‘war crimes’ (Category: Breaking News)
President Ranil Wickremesinghe says he took over the Titanic after it hit the iceberg and now he is trying to move the ship off the iceberg. He says once the Titanic is moved off the iceberg the country can move forward. The President said that Sri Lanka has declared itself bankrupt and the Government is […]
- Chandrika says she is fed up with politics (Category: Breaking News)
- Galle Face protesters to withdraw today (Category: Breaking News)
- Sajith accuses Speaker of being President’s agent (Category: Breaking News)
- Wijeyadasa alleges journalists can be influenced with a bottle (Category: Breaking News)
[…]The post Indian-Israeli Involvement In Sri Lanka Is A Disaster appeared first on Colombo Telegraph.
- Remembrance Week Marking Persecution Of Sri Lankan Muslims (Category: Breaking News)
- Sri Lanka Supports US War-Mongers Against Houthis (Category: Breaking News)
- RW-Israel Honeymoon & Political Matchmaking (Category: Breaking News)
- Sri Lankan Media Miserably Failed To Cover Israeli Genocide In Gaza (Category: Breaking News)
The Asian Infrastructure Investment Bank (AIIB), in its annual financial report, has outlined a fund of USD 100 million for crisis-hit Sri Lanka.The post AIIB outlines USD 100 million fund for Sri Lanka appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- AIIB outlines USD 100 million fund for Sri Lanka (Category: Breaking News)
- AIIB considering a grant of USD 100 million to Sri Lanka (Category: Breaking News)
- AIIB considering a grant of USD 100 Million to Sri Lanka (Category: Breaking News)
- AIIB willing to finance USD 220 mn for Sri Lanka s energy development projects (Category: Breaking News)
[…]The post UK’s Bumpy Fall, Change Of Guard & Lessons Beyond! appeared first on Colombo Telegraph.
- UK and EU reach post-Brexit trade agreement after months of negotiations (Category: Breaking News)
- UK and EU reach post-Brexit trade agreement after months of negotiations (Category: Breaking News)
- UK parliament passes Boris Johnson’s Brexit deal (Category: USA, New York)
- UK parliament passes Boris Johnson’s Brexit deal (Category: USA, New York)
The shrinking value of the currencies of most developing economies is driving up food and fuel prices in ways that could deepen the food and energy crises that many of them already face, according to the World Bank’s latest Commodity Markets Outlook report.The post Currency depreciations risk intensifying global food, energy crisis – World Bank appeared first on Sri Lanka News - Latest Break...
- Sri Lanka a ‘warning sign’ for countries with high debt levels and limited policy space – IMF (Category: Breaking News)
- No inflation respite for Asia despite fall in food, fuel prices (Category: Business)
- Recession risk unless oil prices fall further (Category: Business)
- World Bank’s Malpass, IMF’s Georgieva see rising risks of Global Recession (Category: Breaking News)
[…]The post How Lanka Can Benefit From A Global Recession appeared first on Colombo Telegraph.
- Prospects For Global Capitalism: 2023 & After (Category: Breaking News)
- Idiot’s Guide To Global & Domestic Debt (Category: Breaking News)
- Idiot’s Guide To Global & Domestic Debt (Category: Breaking News)
- Idiot’s Guide To Global & Domestic Debt (Category: Breaking News)
India’s Union Minister of State for Defence and Tourism Ajay Bhatt says Sri Lanka was in such a bad economic crisis that its security forces were unable to pay the nominal fees for training exercises in India. Bhatt, who was speaking at a session on ‘AatmaNirbharta in Defence R&D – Synergistic Approach’ at the DefExpo […]
- Sri Lankan security forces couldn’t pay training fees to India: MoS Defence (Category: Breaking News)
- India makes it happen, enters the multi-billion dollar defence market (Category: Breaking News)
- Sri Lankan security forces couldn t pay training fees to India- MoS Defence (Category: Breaking News)
- India closely monitoring Chinese ship in Hambantota (Category: Breaking News)
Emphasising on the need to attain self-reliance, India’s Minister of State for Defence and Tourism Ajay Bhatt said Sri Lanka was in such a bad economic crisis that its security forces were unable to pay the nominal fees for training exercises in India.The post Sri Lankan security forces couldn’t pay training fees to India: MoS Defence appeared first on Sri Lanka News - Latest Breaking News in Sri ...
- Sri Lankan security forces couldn t pay training fees to India- MoS Defence (Category: Breaking News)
- Sri Lankan security forces couldn’t pay training fees to India (Category: Breaking News)
- India makes it happen, enters the multi-billion dollar defence market (Category: Breaking News)
- It is imperative to equip our armed forces with state-of-the-art technologies and capabilities –... (Category: Breaking News)
[…]The post ‘Make The Economy Scream’: Whither The Asian 21st Century? appeared first on Colombo Telegraph.
- Beyond The Myth Of TINA To The IMF: The New Development Bank In The Asian 21st Century (Category: Breaking News)
- The Paris Club, Dollar Debt Colonialism & Asia’s New “Donors”: Reforming The International Aid A... (Category: Breaking News)
- IMF, Sri Lanka’s Resource Curse & Privatization Of The Central Bank (Category: Breaking News)
- Channel 4’s Easter Sunday: The IMF Descends Amid An Over The Horizon Operation Staring ‘Sonic-So... (Category: Breaking News)
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