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Monday 27th November, 2023 The SJB has commenced collecting signatures for a public petition as part of a campaign to have those who are responsible for the current economic crisis stripped of their civic rights. Given public resentment, which is palpable, the SJB may be able to obtain hundreds
- SJB blames Rajapaksas for impending financial burden on public, calls for Government change (Category: Breaking News)
- Reveal plans, uphold transparency (Category: Breaking News)
- SJB asks President to hold early general election (Category: Breaking News)
- Response to economic revival plan pathetic: Harsha disappointed (Category: Breaking News)
By Amal JAYASINGHE Malé (Maldives) AFP: Rising sea levels threaten to swamp the Maldives and the Indian Ocean archipelago is already out of drinking water, but the new president says he has scrapped plans to relocate citizens. Instead, President Mohamed Muizzu promises the low-lying nation will beat back the waves through ambitious land reclamation and building […]
- President Ranil congratulates new Maldivian counterpart on inauguration (Category: Breaking News)
- President Ranil meets new Maldivian counterpart, discusses ways to boost bilateral ties (Category: Breaking News)
- President Muizzu is leading the Maldives down a path of corruption and bankruptcy (Category: Breaking News)
- Maldives: Bridge gender gaps to accelerate progress, say UN experts (Category: Breaking News)
Former Sri Lanka captain Arjuna Ranatunga’s comments on BCCI secretary Jay Shah “running” Sri Lankan cricket has caused a major storm across the cricketing world, especially in cricket-mad India that happens to be a superpower of the sport.The post President Ranil insists ‘Jay Shah doesn’t run Sri Lankan cricket’ appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top ...
- President phones Jay Shah over allegations linked to Sri Lanka (Category: Breaking News)
- RW says Jay Shah is not running Sri Lanka Cricket (Category: Breaking News)
- Where corruption is bliss … (Category: Breaking News)
- Sports Minister reveals failed bid to meet BCCI Secy (Category: Breaking News)
Budget 2024 is like a fairy tale rather than a pragmatic solution to pressing economic issues, SLPP MP Dr. Nalaka Godahewa has said. Taking part in the current budget debate, former State Minister said: “Two paramount challenges loom large—the persistent economic contraction and the escalating national debt. A practical budget should provide answers to these […]
- Eran proposes raising PAYE threshold to Rs 200,000 a month (Category: Breaking News)
- A high-wire act (Category: Breaking News)
- Godahewa says President by his erratic behavior has become misfit to run country (Category: Breaking News)
- Sri Lanka balances polls and crisis recovery in 2024 budget deliberations - report (Category: Breaking News)
the controversy. The Minister said that the crisis in Sri Lanka cricket […]
- President Ranil insists ‘Jay Shah doesn’t run Sri Lankan cricket’ (Category: Breaking News)
- President Ranil insists Jay Shah doesn t run Sri Lankan cricket (Category: Breaking News)
- Sports Minister reveals failed bid to meet BCCI Secy (Category: Breaking News)
- Where corruption is bliss … (Category: Breaking News)
Budget highlights Following are the highlights of Budget proposals made by President Ranil Wickremesinghe in Parliament yesterday: New economic and political system The President said in order not to fall back into a crisis, the economic and political system of Sri Lanka must be created anew
- Prez presents Budget to ‘build foundation of Sri Lanka’s recovery’ (Category: Breaking News)
- Sri Lanka’s Budget Speech 2024 (Category: Breaking News)
- President presents budget replete with reforms (Category: Breaking News)
- Eran proposes raising PAYE threshold to Rs 200,000 a month (Category: Breaking News)
* Tax revenue to be raised by 47.1% in 2024 * Rs 10,000 increase for public sector workers * Pensioners to get Rs 2,500 allowance * Rs. 450 bn reserved for bank recapitalization * Four new universities to be established * 20% of state banks to be given off by Saman Indrajith President Ranil Wickremesinghe, […]
- Budget 2024 (Category: Breaking News)
- Sri Lanka’s Budget Speech 2024 (Category: Breaking News)
- A high-wire act (Category: Breaking News)
- President presents budget replete with reforms (Category: Breaking News)
By N Sathiya Moorthy In a television interview last month, Foreign Minister Ali Sabry reportedly said that the Government of President Ranil Wicrkemesinghe has taken ‘substantial steps to move away from a Welfare State’ in the last 18 months. And he said it not as if it was inevitable under the nation’s economic circumstances and […]
- After privatisation, who is going to feed the ‘gutter people’? (Category: Breaking News)
- IMF does not support providing subsidies to everyone in Sri Lanka (Category: Breaking News)
- IMF says economic recovery in Sri Lanka remains challenging (Category: Breaking News)
- IMF says full economic recovery in Sri Lanka is not yet assured (Category: Breaking News)
By Shamindra Ferdinando Field Marshal Sarath Fonseka, MP, has stressed the pivotal importance of public protests against waste, corruption, irregularities and mismanagement.Alleging that those who had been entrusted with the task of governing the country have instead ruined it, Chairman of the Samagi Jana Balawegaya (SJB) Fonseka, on Thursday, said that every citizen should bear […]
- Fonseka loses patience, calls for revival of aragalaya protests (Category: Breaking News)
- Poverty level will increase sharply in coming months – Ranawaka (Category: Breaking News)
- Second term for Ranil: UNP thanks Kanchana’s backing (Category: Breaking News)
- ‘Ranil knows what to do’ (Category: Breaking News)
[…]The post Climate Change: A Red Flag For Environmental Security In Sri Lanka appeared first on Colombo Telegraph.
- The Interplay Of Climate Change & Water Shortages In Sri Lanka’s Ecosystems (Category: Breaking News)
- Impact Of Climate Change In Sri Lanka: National Security Challenges & Way Forward (Category: Breaking News)
- Sustainable City Planning & Sri Lanka: A Comparative Study (Category: Breaking News)
- Sustainable City Planning & Sri Lanka: A Comparative Study (Category: Breaking News)
Sri Lanka has decided to continue to actively participate in the Belt and Road Initiative proposed by China. Issuing a joint statement, Sri Lanka reiterated that it will never allow any separatist activity against China on Sri Lanka‘s soil. The joint statement by China and Sri Lanka was issued following a visit to China by President Ranil Wickremesinghe […]
- China pledges steadfast support to Sri Lanka (Category: Breaking News)
- Sri Lanka and Estonia successfully conclude inaugural bilateral political consultations (Category: Breaking News)
- China remains the most sincere and reliable friend of Sri Lanka – Ambassador (Category: Breaking News)
- President Wickremesinghe places his trust on Xi Jinping (Category: Breaking News)
Output growth of South Asian countries, except Sri Lanka, is projected to remain stronger than in other regions of the world in the coming years, as per the World Bank’s latest South Asia Development Update, ‘Toward Faster, Cleaner Growth’. Growth in the region is stronger than elsewhere in the world, but it is nonetheless not […]
- Growth in South Asia to slow down in 2023, WB (Category: Breaking News)
- Sri Lanka s economy shrinks in second quarter of 2022 (Category: Breaking News)
- More than a quarter of Lankans living in poverty – World Bank (Category: Breaking News)
- IMF appreciates Sri Lanka’s economic growth (Category: Breaking News)
[…]The post Why The Shock Over IMF’s Diagnostic Report? appeared first on Colombo Telegraph.
- RW’s Political Dilemma (Category: Breaking News)
- Ranil’s Budget Crisis & Ibn Khaldun (Category: Breaking News)
- A führer In The Making (Category: Breaking News)
- Economic Realities & Political Promises (Category: Breaking News)
The Government has threatened to scrap the monopoly given to SriLankan Airlines for flights operating between Colombo and some international destinations. Minister of Ports and Aviation Nimal Siripala de Silva told Parliament that he had a discussion with international airline operators and requested them to expand operations between Colombo and global destinations. He said that […]
- New investor will get new planes for SriLankan Airlines (Category: Breaking News)
- SriLankan flight which faced technical issues in Melbourne returns (Category: Breaking News)
- SriLankan Airlines avoids possible mid-air collision (Category: Breaking News)
- SriLankan Airlines and Korean Air announce codeshare deal (Category: Breaking News)
The World Bank revised up its forecasts for Sri Lanka's economy on Tuesday, noting the crisis-hit nation had made strides in reducing inflation and had benefited from tourism revenue as well as an appreciation in its currency.The post World Bank boosts Sri Lanka economic forecasts after inflation
- Sri Lanka resumes rate cuts to boost growth as inflation cools (Category: Breaking News)
- Sri Lanka still among 10 countries with highest food price inflation (Category: Breaking News)
- Sri Lanka unexpectedly cuts rates by 250 bps as inflation eases (Category: Breaking News)
- Sri Lanka’s economy to shrink by 2% in 2023, Central Bank says (Category: Breaking News)
The World Bank revised up its forecasts for Sri Lanka s economy on Tuesday, noting the crisis-hit nation had made strides in reducing inflation and had benefited from tourism revenue as well as an appreciation in its currency.
[…]The post Only A Unified Approach Can Solve The Economic Crisis appeared first on Colombo Telegraph.
- People’s Preamble To IMF Technical Report (Category: Breaking News)
- If The Speaker Had Become The President, The Economic Crisis Might Have Been Eased By Now (Category: Breaking News)
- Entrepreneurs Argue Against Unpredictable Exchange Rate, Interest Rates & Tax Policy (Category: Breaking News)
- IMF’s Prescription: Panacea Or Palliative? (Category: Breaking News)
The Sri Lanka Delegation, led by President Ranil Wickremesinghe, engaged in high-level discussions with World Bank President Mr. Ajay Banga and other World Bank officials at the World Bank Headquarters (UNHQ) yesterday (September 18).The post Sri Lanka President Ranil Wickremesinghe meets with World Bank Chief Ajay Banga appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lankan president meets with World Bank chief (Category: Breaking News)
- Sri Lanka and World Bank Discuss Economic Reforms and Collaborations (Category: Breaking News)
- Sri Lanka and World Bank discuss Economic Reforms and collaborations (Category: Breaking News)
- Former Mastercard CEO Ajay Banga elected President of World Bank (Category: Breaking News)
[…]The post ZeroPlastic Global Movement: A Beacon Of Hope In The Battle Against Plastic Pollution appeared first on Colombo Telegraph.
- Recovery, Growth & Toxic Imports (Category: Breaking News)
- Can Political Liberation Movements Be Called Fascists? (Category: Breaking News)
- The Interplay Of Climate Change & Water Shortages In Sri Lanka’s Ecosystems (Category: Breaking News)
- Is It Religious Extremism & Propagated For What? (Category: Breaking News)
[…]The post Channel 4’s Easter Sunday: The IMF Descends Amid An Over The Horizon Operation Staring ‘Sonic-Sonic’? appeared first on Colombo Telegraph.
- The Easter Attacks & A Game Of Thrones: The Master Mind, A Cover Up Investigation & AI (Category: Breaking News)
- Gota Back In The USA & A Chilling Killing: Welcome To 2023 A (Virtual) Realty In A Post-Truth Wo... (Category: Breaking News)
- Greenwashing Bond Scams & Financializing Mother Nature: Climate Science Fiction Versus Local Rea... (Category: Breaking News)
- Beyond The Myth Of TINA To The IMF: The New Development Bank In The Asian 21st Century (Category: Breaking News)
A proposal, set to take effect from October 1, 2023, stipulates rates of USD 130 for 5-star hotels, USD 100 for 4-star hotels, and USD 80 for 3-star hotels within the city of Colombo. While the authorities argue that this measure aims to counter underpricing by higher-tier hotels, this policy threatens to undermine the growth […]
- JKH hoping to see recovery across all segments aided by pickup in economy (Category: Breaking News)
- Gazette issued stipulating minimum rates for tourist hotels in Colombo (Category: Breaking News)
- Tourist Experience (Category: Business)
- Sri Lankan Rupee appreciates against US Dollar (Category: Breaking News)
By Shamindra Ferdinando Justice Minister Dr. Wijeyadasa Rajapakse, PC, declared in Parliament that the winners of LPL (Lanka Premier League) 2023 B-Love Kandy had been sponsored by an enterprise that was banned in the country. The statement was made in Parliament on 24th August. The one-time President of the Bar Association found fault with SLC […]
- In terms of RTI Act House releases names of MPs who voted for new law (Category: Breaking News)
- All praise for Lanka’s saviours! (Category: Breaking News)
- Prez should explain why he scrapped time-tested exchange controls – NFF (Category: Breaking News)
- Impact of foreign-funded projects on Parliament’s standing as sole sovereign and supreme body (Category: Breaking News)
[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part VI appeared first on Colombo Telegraph.
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part IV (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part III (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part V (Category: Breaking News)
- Debt Restructuring, Austerity, & The IMF: A Solution Or A Worsening Of The Problem? (Category: Breaking News)
Sri Lanka President Ranil Wickremesinghe has announced the swift implementation of a comprehensive plan to elevate the Arugam Bay tourist zone into a highly desirable destination for both local and international tourists, with the potential to generate substantial revenue.The post Sri Lanka President reveals strategic roadmap to transform ‘Arugam Bay’ into a high-income tourist destina...
- Ella Tourism Zone will be developed under a grand plan – President (Category: Breaking News)
- Sri Lanka President emphasizes progress in tourism sector, ready to provide required facilities (Category: Breaking News)
- President reveals plans to elevate Arugam Bay into high-income tourist hub (Category: Breaking News)
- Sri Lanka President visits Tangalle and Galle to assess revival of tourism in South Coast (Category: Breaking News)
By The Coca-Cola Company, Managing Director – Sri Lanka & the Maldives, Pankaj Sinha Coca-Cola, with its 62-year presence in Sri Lanka, has remained committed to supporting this beautiful country through its challenges. As someone who has made Sri Lanka his home since 2019, and seen the country grapple with natural disasters, acts of terrorism, and […]
- Coca-Cola’s Christmas Spirit – Your Festive Sip Comes with Gifts! (Category: Breaking News)
- Coca-Cola appoints Kaushali Kusumapala as Country Director for Sri Lanka and Maldives (Category: Breaking News)
- Coca-Cola’s free tumbler with every 1.5L and 2L Coke or Sprite PET bottle (Category: Breaking News)
- Coca-Cola and the art of embracing local flavors: A journey through Sri Lankan cuisine (Category: Breaking News)
Alleged presidential interference in judiciary: By Shamindra Ferdinando Declaring that the Bar Association of Sri Lanka (BASL) steadfastly protected the independence of the judiciary, its President Kaushalya Navaratne yesterday (22) said that senior members would be consulted to decide what he called,the best possible course of action. Navaratne said so when The Island sought his response […...
- Outgoing BASL chief asks lawyers to continue struggle to safeguard rule of law, democracy, judic... (Category: Breaking News)
- BASL responds to referral of court order allegedly violating Parliament privileges to committee (Category: Breaking News)
- BASL: MPs exploiting privileges to intrude on matters sub judice (Category: Breaking News)
- Kaushalya Navaratne assumes duties as 27th BASL President (Category: Breaking News)
Sri Lankan President Ranil Wickremesinghe underscored the imperative to fortify the nation’s economy, ensuring that forthcoming generations are spared from enduring the unfortunate period that both the country and its people have weathered in the past two years.The post Sri Lanka risks returning to bankruptcy within a decade unless steps taken promptly – President appeared first on ONLANKA -...
- Future generations must not be burdened with the challenging period that the nation has experien... (Category: Breaking News)
- BoI and Export Board of Sri Lanka fall short of targets (Category: Breaking News)
- President s New Year message (Category: Breaking News)
- In order for a country to develop economically, it must be open to the world – President Ranil W... (Category: Breaking News)
Speaker Mahinda Yapa Abeywardena told Parliament on Friday thaty he would not revoke his ruling given on Wednesday with regard to the Parliament’s supremacy over the Supreme Court. He said that he had consulted legal experts in preparing his ruling that the Supreme Court is not empowered to issue orders or judgments of any nature against […]
- Opposition asks Speaker to withdraw his ruling on motions passed by Parliament (Category: Breaking News)
- Speaker says courts have no jurisdiction as regards DDR resolution passed by Parliament (Category: Breaking News)
- BASL holds back response pending talks with seniors (Category: Breaking News)
- Opposition threatens to move no-faith motion against Speaker over OSB (Category: Breaking News)
By Saman Indrajith Opposition political parties yesterday (11) demanded that Speaker Mahinda Yapa Abeywardena withdraw his ruling that courts are not empowered to issue orders or judgements of any nature related to a motion already passed by the Parliament. On 09 August, the Speaker gave the ruling after Tourism and Lands Minister Harin Fernando raised a privilege issue on petitions filed against ...
- Speaker stands firm on ruling, Opposition says he’s undermining constitution (Category: Breaking News)
- Speaker says courts have no jurisdiction as regards DDR resolution passed by Parliament (Category: Breaking News)
- Opposition accuses govt. of using Speaker’s ruling to bar judicial review of IMF dictates (Category: Breaking News)
- BASL holds back response pending talks with seniors (Category: Breaking News)
Sri Lanka said that India will be one of the closest countries to enhance investments in Sri Lanka given its proximity to the Island nation and that it wants to have a very conducive environment for investors to come and invest. In an interaction with PTI, Sri Lankan Finance Minister Shehan Semasinghe also sounded optimistic […]
- Sri Lanka expects first review by IMF to be successful (Category: Breaking News)
- Sri Lanka yet to finalise restructuring domestic debt (Category: Breaking News)
- Sri Lanka receives 1st disbursement of US$ 250 million from WB (Category: Breaking News)
- Sri Lanka says economy has stabilised and growth is emerging (Category: Breaking News)
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