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The inaugural session of the ‘Green Roadtrip’, a project to mobilise communities for environmental justice across the country, was successfully held in Colombo recently. This series of events will be implemented by the Centre for Environmental Law and Policy of the University of Colombo, through the Support to Justice Sector Project (JURE), funded by the European Union […]
The Monetary Board of the Central Bank of Sri Lanka, at its meeting held Tuesday, decided to reduce the Statutory Reserve Ratio (SRR) applicable on all rupee deposit liabilities of Licensed Commercial Banks (LCBs) by 200 basis points, from 4.00 percent to 2.00 percent. The Central Bank, on Wednesday, announced that the decision comes into […]
The Central Bank of Sri Lanka has cut the statutory reserve ratio for commercial banks by 200 basis points to 2%, effective Aug. 16, it said on Wednesday.The post Sri Lanka Central Bank cuts statutory reserve ratio by 200 bps appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
[…]The post Bleeding Hearts & Brave Hearts appeared first on Colombo Telegraph.
, the economy has not grown and […]
Monetary policy transmission to the real economy in Sri Lanka is still incomplete, the governor of the country's central bank, Nandalal Weerasinghe, said at a LSEG FX Community Event on Monday.The post Sri Lanka central bank chief: monetary policy transmission still incomplete appeared
Monetary policy transmission to the real economy in Sri Lanka is still incomplete, the governor of the country s central bank, Dr. Nandalal Weerasinghe, said at a LSEG FX Community Event on Monday (Aug 7).
Pan Asia Banking Corporation PLC reflected a steady performance amidst a multitude of adversities emerging from challenging macro-economic conditions as the Bank reported its financial performance for 2023 1H, which showed judicious portfolio management and prudence exercised in dealing with possible fallout on its asset quality from under high interest rate regime. For the six-month […]
Tuesday 8th August, 2023 Former Chairman of the Election Commission (EC) Mahinda Deshapriya, who serves as the Head of the National Committee on Delimitation of the Divisions of Local Government (LG) Bodies, seems to be full of optimism. He is reported to have said he expects either the local government polls or the Provincial Council […]
[…]The post The Rooster Coop & Its Impact On Sri Lanka appeared first on Colombo Telegraph.
[…]The post Target 2048 – Private Sector Should Not Just Sit Aloof appeared first on Colombo Telegraph.
By Eng. Thushara Dissanayake Water is often undervalued and insufficient attention is paid to its pollution. The water quality degradation is a blooming environmental issue in Sri Lanka. According to World Bank findings, the invisible crisis of water quality degradation is reducing potential economic growth in heavily polluted areas of the world by one-third. It […]
[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? appeared first on Colombo Telegraph.
NPP/JVP FR over local council elections Philip Gunawardena, who earned the appellation ‘Boralugoda Lion’ for his fearless fights for democracy, would never approve of his son, Prime Minister Dinesh Gunawardena’s quest to deprive people of their right to vote, Nigel Hatch PC told the Supreme Court last week. He was leading an elite team of […]
Iran and Sri Lanka agreed to take action regarding the release of prisoners of the two countries in a humane way in the near future, the Iranian Foreign Minister said. Today the potential of the Asian continent has attracted the attention of the world powers, and Asian countries, Iranian Foreign Minister Hossein Amir-Abdollahian said in his […]
Sri Lanka is in talks with a Singapore based company to transform Colombo and give it a new look. President Ranil Wickremesinghe said that the vision to transform Colombo into a beautiful city is already in motion, with plans provided by Surbana Jurong. Surbana Jurong Group is a global urban, infrastructure and managed services consulting […]
[…]The post Connectivity Or Captivity? appeared first on Colombo Telegraph.
[…]The post Rohan Gunaratna Hostility Towards Muslims appeared first on Colombo Telegraph.
President’s Senior Adviser on National Security and Chief of Presidential Staff Mr. Sagala Ratnayaka said that President Ranil Wickremesinghe’s aim is to revive the construction industry in Sri Lanka and contribute widely to the national economy.
Friday 4th August, 2023 Never a dull day in Sri Lanka! Hardly a day passes without some controversy, and issues crop up at such a rate that one cannot keep track of them, the latest being what has come to be termed the ‘distortion’ of the national anthem at a sports event. Popular singer, Umara […]
President s Senior Adviser on National Security and Chief of Presidential Staff Sagala Ratnayaka said that President Ranil Wickremesinghe s aim is to revive the construction industry in Sri Lanka and contribute widely to the national economy.
President Ranil Wickremesinghe’s aim is to revive the construction industry in Sri Lanka and contribute widely to the national economy, President’s Senior Adviser Sagala Ratnayaka said.The post Sri Lanka Government pays special attention to revive the construction sector appeared first on ONLANKA
• Generates approximately US $ 800 million in revenue • The government's focus is on hosting the prestigious World Travel Awards final in Sri Lanka • To further boost tourism, the government is considering the implementation of a night economy system - State Minister of Tourism Diana
Wednesday 2nd August, 2023 A brouhaha has erupted over what is described as the distortion of the national anthem at the Lanka Premier League (LPL) opening ceremony. Talented young vocalist Umara Sinhawansa has been drawing heavy fire for singing the national anthem in operatic style, and mispronouncing some words therein. Her performance has sparked a […]
The Society for Peace, Unity and Human Rights for Sri Lanka (SPUR), Victoria Australia, along with like-minded organisations in Australia, England and the Middle East, write to register our protest with regard to the decision of President Ranil Wickramasinghe of Sri Lanka, to offer pardon to the former LTTE cadres who participated in killing 91 innocent civilians and injuring over 1,400 […]
The construction industry remained contracted in June 2023, recording a Total Activity index value of 44.4. Most of the companies operate at a sub-optimal level amidst the limited availability of construction projects. However, several respondents mentioned that the steady decline in material prices has induced to commence small-scale construction work. The lack of new projects […]
Tuesday 1st August, 2023 The QR code-based rationing mechanism introduced one year ago has helped halve the national fuel consumption, the Ceylon Petroleum Corporation (CPC) has said, according to media reports. In fact, it helped bring order out of chaos and thereby saved current dispensation. Ideally, fuel should be available sans any restrictions, but the […]
‘Who takes responsibility for denying two million persons welfare assistance in July?’ By Shamindra Ferdinando The rebel SLPP group yesterday (31) issued a dire warning over government plans to repeal or significantly amend 12 Acts which dealt with both public and private sector workers. Addressing the media at the Freedom People’s Congress office at Nawala, […]
[…]The post The Arrest Of Tharindu Uduwaragedara – Larger Questions appeared first on Colombo Telegraph.
Cassandra needs to commemorate, in words, one of the most shameful episodes, or evil occurrences, that happened in this island of ours: the planned and directed massacre of Tamils among us; burning their possessions and homes and tarnishing the name Ceylon/Sri Lanka around the world. I retell what I heard and did – safe in […]