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Addressing the Parliament of Sri Lanka today (May 09), President Ranil Wickremesinghe provided a comprehensive overview of the country's economic journey over the past two years.The post Sri Lanka President highlights economic progress and future challenges appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
- Sri Lanka and India reach agreements on Renewable Energy, Animal Husbandry, and more (Category: Breaking News)
- President delivers special statement in parliament (Category: Breaking News)
- Sri Lanka President invited all to join hands to build a prosperous Sri Lanka by 2048 (Category: Breaking News)
- Sri Lanka President Ranil Wickremesinghe meets Singapore President Halimah Yacob (Category: Breaking News)
By Easwaran Rutnam President Ranil Wickremesinghe blamed Opposition Leader Sajith Premadasa for the crisis in the country saying things could have been different if he accepted the Prime Minister post in April 2022. The President expressed these views after delivering a statement in Parliament, Thursday. Wickremesinghe said that in 2022 he willingly embraced the task […]
- Sri Lanka President Ranil delivers Government’s policy statement in Parliament (Category: Breaking News)
- “We may contest elections separately but let us collaborate in nation-building endeavors” – Pres... (Category: Breaking News)
- Economy improving, VAT can be reduced – RW (Category: Breaking News)
- Government’s objective is to develop Sri Lanka as a thriving nation by 2048 (Category: Breaking News)
Sri Lanka’s tentative recovery from its worst economic crisis could be stalled by presidential elections due later this year, the island nation’s central bank chief warned on Tuesday. Months-long shortages of food, fuel and medicines culminated in Sri Lanka defaulting on its foreign debt in 2022 and angry protests that led to the ouster of […]
- China to help conclude debt restructuring process in Sri Lanka (Category: Breaking News)
- President insists he is not a dictator (Category: Breaking News)
- Several students injured after tow buses crash in Ampara (Category: Breaking News)
- Former Sri Lanka captain Arjuna Ranatunga gets on SJB stage (Category: Breaking News)
India has delivered the first batch of medium-range, supersonic BrahMos cruise missiles – that can be launched from land, sea and air – to the Philippines. Brahmos is one of the most lethal weapons in its category. They will be deployed in the South China Sea to resist Beijing’s unrelenting and unilateral aggression in violation […]
- Resource Conflict (Category: Business)
- Ignoring China’s Ultimatum, Philippines To Hold Drills With Australia, Japan & US In Disputed So... (Category: Breaking News)
- Two Chinese vessels shadowed Philippine, US ships – Philippine military (Category: Breaking News)
- Phillipines’ bold response to aggressive China in the South China Sea (Category: Breaking News)
[…]The post Fleas Dream Of Buying A New Dog appeared first on Colombo Telegraph.
- Opinion Vs Truth (Category: Breaking News)
- Who Or What Made Us Insolvent (Category: Breaking News)
- Can Political Liberation Movements Be Called Fascists? (Category: Breaking News)
- Are We Rotting Or Rotten? (Category: Breaking News)
by Jayasri Priyalal Jayasripriyalal59@gmail.com The greatest challenges confronting the nation-states in the current era revolve around; deplorable debt, depleted natural resources, and degraded environment. Economic growth and future prosperity for all living beings are stalled due to the varying degrees of the 3D problems emerging out of ill-conceived policy divergences propelling the linear eco...
- IMF Must Become More Than Just A Debt Collector For Private Creditors (Category: Breaking News)
- SL hopes for productive talks at IMF WB spring meetings (Category: Breaking News)
- A survival strategy amidst geopolitical rivalry (Category: Breaking News)
- Sri Lanka to brief creditors on IMF deal for economic recovery (Category: Breaking News)
Monday 6th May, 2024 Fear is being expressed in some quarters that the upcoming elections may bring the country under a pall of political uncertainty again, adversely impacting the ongoing economic recovery efforts in the event of a regime change and/or an unstable government. The SJB and the NPP have declared their intention to renegotiate […]
- Eran proposes raising PAYE threshold to Rs 200,000 a month (Category: Breaking News)
- SJB demands transparency in debt restructuring process (Category: Breaking News)
- 2024: An election year and global trends (Category: Breaking News)
- Ranil likely to go for presidential poll first – sources (Category: Breaking News)
[…]The post Pointless Debate On The Economy When Issue At Hand Is Much Broader appeared first on Colombo Telegraph.
- Crisis-Hit Sri Lanka Economy (Category: Breaking News)
- Budget 2023 Will Be The Acid Test Of RW’s Magic Wand (Category: Breaking News)
- Current State Of Sri Lankan Economy, According To Dhananath Fernando (Category: Breaking News)
- Navigating The Economic Reawakening & Sustainable Growth (Category: Breaking News)
[…]The post Presidential Election Debate Continues appeared first on Colombo Telegraph.
- AKD & The JVP-NPP Should Tick All The Boxes To Win, Not Risk A Third Defeat (Category: Breaking News)
- May Day Thoughts: Political Economy Of The Ranil-SLPP-SLFP-UNP-SJB Convergence (Category: Breaking News)
- Ranil’s Last Hurrah For A New Parliament In March (Category: Breaking News)
- Anura Kumara Dissanayake’s Accomplishments & Challenges (Category: Breaking News)
In the face of a deteriorating Chinese economy, a shift in spending habits is becoming increasingly evident, particularly among the nation’s youth. These young individuals, navigating through economic turmoil, have adopted a more frugal approach to their expenditures. They exercise caution
- Unfinished Transition (Category: Business)
- Social discontent rises among Chinese as economy falls: Report (Category: Breaking News)
- Long Cycle (Category: Business)
- NPP & Bird Cage Economy (Category: Breaking News)
[…]The post The “Aragalaya“ Of 1848 appeared first on Colombo Telegraph.
- From Torrington to Independence Square (Category: Business)
- Free Medical Camp At Torrington Mahal Nivasa By Apeksha Foundation (Category: Breaking News)
- Fire in Torrington Avenue (Category: Breaking News)
- An Incident At Independence Square (Category: Breaking News)
Sri Lanka says it is committed towards the safety and security of migrant workers in Singapore. The High Commission of Sri Lanka in Singapore organized an outreach programme for Sri Lankan female migrant workers at Caritas Village, the Foreign Ministry said on Thursday. The main objectives of the event were to empower the Sri Lankan […]
- India to extend solar, wind, biomass technical assistance to Sri Lanka (Category: Breaking News)
- Sri Lanka and Estonia successfully conclude inaugural bilateral political consultations (Category: Breaking News)
- Japanese Foreign Minister on two-day visit to Sri Lanka (Category: Breaking News)
- Japanese Foreign Minister on two-day visit to Sri Lanka (Category: Breaking News)
Iranian Agriculture Minister Mohammad-Ali Nikbakht has stressed the need to further expand cooperation with Sri Lanka in trade and agriculture. Last year, Iran imported over $70 million of products, especially tea and coconut, from Sri Lanka, Nikbakht has pointed out, IRNA wrote. Importing tea from Sri Lanka, through a barter mechanism, is a proper step, […]
- Tight security during Iranian President’s visit to Colombo (Category: Breaking News)
- Iran’s President to visit Sri Lanka and launch several water projects (Category: Breaking News)
- Iran’s President offers to contribute to Sri Lanka’s progress (Category: Breaking News)
- Iran and Sri Lanka to sign 5 MoUs during Ebrahim Raisi’s visit (Category: Breaking News)
The International Monetary Fund (IMF) wants Sri Lanka to work on governance issues and to also stick to the IMF supported program. Krishna Srinivasan, IMF Director of the Asia and Pacific Department noted that Sri Lankans faced a very difficult challenge when they embarked on the IMF program. “And so far, what we’ve seen is […]
- IMF does not support providing subsidies to everyone in Sri Lanka (Category: Breaking News)
- IMF confident Sri Lanka can be put on the path to prosperity (Category: Breaking News)
- Sri Lanka can be on path to prosperity if debt sustainability achieved – IMF (Category: Breaking News)
- D-day for Sri Lanka as IMF Executive Board meets to decide on EFF (Category: Breaking News)
[…]The post May Day Thoughts: Political Economy Of The Ranil-SLPP-SLFP-UNP-SJB Convergence appeared first on Colombo Telegraph.
- JVP’s Popularity & Ranil’s IMF Prop (Category: Breaking News)
- AKD & The JVP-NPP Should Tick All The Boxes To Win, Not Risk A Third Defeat (Category: Breaking News)
- Ranil’s Repression Will Hit The JVP-NPP While It Indulges In Political Narcissism (Category: Breaking News)
- SLPP Survival Depends On Shift To Dullas, Rejecting Ranil & The Rajapaksas (Category: Breaking News)
Cash-strapped Pakistan is poised to receive a $1.1bn loan tranche from the International Monetary Fund (IMF) after a key meeting of the international lender’s executive board on Monday, even as economists have warned that the country needs deep reforms to reduce its dependence on overseas financial assistance. Late on Monday night, Pakistan’s Ministry of Finance […]
- Total foreign loans rise to $2.8bn in July (Category: Breaking News)
- China furious with Pakistan over delayed implementation of CPEC projects (Category: Breaking News)
- Former Pak Finance Minister Miftah Ismail says things to ‘remain tight for a while’ on economic ... (Category: Breaking News)
- Why is Pakistan a misfit for BRICS? (Category: Breaking News)
By N Sathiya Moorthy If there is one job that is more difficult than being the CEO of a global government, it is being the elected Executive President of Sri Lanka – or, any other democracy of disproportionate sizes. Notwithstanding what incumbent Ranil Wickremesinghe has since said about the future of Executive Presidency – conveniently, […]
- Uma Oya development project declared open (Category: Breaking News)
- Sajith not given separate meeting with Iran President (Category: Breaking News)
- Iran’s President offers to contribute to Sri Lanka’s progress (Category: Breaking News)
- Iranian President Ebrahim Raisi arrives in Sri Lanka (Category: Breaking News)
By Khalid Hamoud Alkahtani The Kingdom of Saudi Arabia is hosting the first-ever special meeting of the World Economic Forum in the capital, Riyadh, which will discuss many important issues such as international cooperation, growth, and energy during the period 28th -29th April 2024. This event is one of the outcomes of the cooperation agreement […]
- Foreign Minister to attend special meeting of World Economic Forum in Riyadh (Category: Breaking News)
- Sri Lanka’s Foreign Minister to attend Riyadh meeting (Category: Breaking News)
- India-Saudi ties promise shared growth, security, stability, says Jaishankar (Category: Breaking News)
- As US watches on, China-Saudi relations grow in importance (Category: Breaking News)
The Annual Economic Review and Financial Statements and Operations of the Central Bank for the Year 2023 points out that backtracking from the implemented and planned critical reforms will tip the economy to a state of instability. Thus, continuing with the broader political and social consensus
- World Bank commends Sri Lanka s progress on fiscal, financial and economic governance reforms (Category: Breaking News)
- President reveals govt s action plan for socio-economic reforms and accelerated development (Category: Breaking News)
- Govt ready to make ongoing economic reforms a law  State Minister tells IMF (Category: Breaking News)
- Sri Lanka needs strong new economic system, not reforms - President (Category: Breaking News)
[…]The post Foreign Debt Restructuring: Too Late & Too Short To Get Out Of The Debt Trap appeared first on Colombo Telegraph.
- Child’s Guide To Debt Restructuring: Not A Cakewalk But A Task Entailing Hard Work (Category: Breaking News)
- Child’s Guide To Ranilnomics: Proposed Debt Restructuring Will Pose More Issues Than Answers (Category: Breaking News)
- Has The Economy Been Assassinated & If So, Who Were The Assassins? (Category: Breaking News)
- Bankrupt Sri Lanka Celebrated Independence, But Now It Is Back To Hard Economic Realities (Category: Breaking News)
By SHIHAR ANEEZ ECONOMYNEXT –Sri Lanka has allowed a German research vessel for replenishment in Colombo port for the second time following the clarification from the island nation’s Foreign Ministry after Chinese protest. “It’s the same German research vessel came last month. It came around New Year time when it was returning and the ship was […]
- Foreign research vessels: Cabinet to discuss how to handle them (Category: Breaking News)
- Sri Lanka allows foreign ships to restock at its ports after China protest (Category: Breaking News)
- Chinese ship visit: Sabry contradicts Defence Ministry (Category: Breaking News)
- Chinese “spy ship” leaves Hambantota Port (Category: Breaking News)
Japanese Foreign Minister Yoko Kamikawa is to visit Sri Lanka this week, the Japanese Foreign Ministry announced. According to the Kathmandu Post, Kamikawa will arrive in Kathmandu on May 4 via Sri Lanka on a two-day Nepal visit. Japan has established a deep relationship of trust with both Sri Lanka and Nepal based on long […]
- Japanese Foreign Minister Yoko Kamikawa Holds Talks with Sri Lankan President (Category: Breaking News)
- Japanese FM Yoko Kamikawa arrives in Sri Lanka (Category: Breaking News)
- Japanese Foreign Minister on two-day visit to Sri Lanka (Category: Breaking News)
- Japanese Foreign Minister on two-day visit to Sri Lanka (Category: Breaking News)
[…]The post American Chaos, Modi’s Heatwave & Ranil As Common Government Candidate appeared first on Colombo Telegraph.
- Destination Delhi: Roving President’s Next Port Of Call (Category: Breaking News)
- India’s Election Timetable & Sri Lanka’s Deadlock Elections (Category: Breaking News)
- Iran-Israeli Tit For Tat, India’s Vote Marathon & Lanka’s Long Election Eve (Category: Breaking News)
- Anura Kumara Dissanayake’s Accomplishments & Challenges (Category: Breaking News)
[…]The post Debate Between Presidential Candidates First: A Point Of View appeared first on Colombo Telegraph.
- Reform Prospects: Missing Middle, Last Chance, Aragalaya-2? (Category: Breaking News)
- Restoring Parliamentary Government (Category: Breaking News)
- Election Year Road Map For Constitutional Reforms (Category: Breaking News)
- Electing A New Parliament & Ending The Old Presidency (Category: Breaking News)
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
- Sri Lanka expects first review by IMF to be successful (Category: Breaking News)
- Sri Lanka receives 1st disbursement of US$ 250 million from WB (Category: Breaking News)
- Shehan Semasinghe sworn in as Acting Finance Minister (Category: Breaking News)
- Sri Lanka confident of reaching Staff Level deal with IMF (Category: Breaking News)
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.
- 03/12/2010 14:45 INDIA – CHINA – SRI LANKA Chinese aid to Sri Lanka could lead to conflict (AsiaNe (Category: Breaking News)
- Sri Lanka: Chinese companies begin road extension work in Jaffna (Category: Breaking News)
- Rock slows Sri Lanka port project (Category: Breaking News)
- Sri Lanka pins hopes on China-funded port (Category: Breaking News)
The stock market serves as a nexus where millions of buyers and sellers converge to engage in transactions. At its core, each transaction represents an agreement between a buyer and a seller, with the central element being the price. This price is not static; it fluctuates continuously, reflecting the equilibrium between supply and demand. The […]
- Should you invest in the stock market now? (Category: Breaking News)
- Insider trading: Good, bad or ugly? (Category: Business)
- Real potential of the Colombo stock market (Category: Business)
- MBSL expands investment management services on a regional level (Category: Business)
[…]The post An Oxygen Economy appeared first on Colombo Telegraph.
- Forget The politicians & Their Bureaucrats, This Is Why We The Public, Need To Understand Climat... (Category: Breaking News)
- The Urgent & Critical Issues Related To Climate Change (Category: Breaking News)
- Of That Heavy Carbon Footprint (Category: Breaking News)
- Forget politicians and bureaucrats (Category: Breaking News)
As the Maldives braces itself for the crucial parliamentary election on April 21, 2024, the political landscape is marred by allegations of corruption, cronyism, and abuse of power, particularly within the Progressive National Congress (PNC) led by President Mohamed Muizzu. The unfolding scenario casts a dark shadow over the nation’s democratic fabric as citizens grapple […]
- PNC Championship Golf (Category: USA, South Dakota)
- PNC Championship Golf (Category: USA, South Dakota)
- PNC Championship Golf (Category: USA, South Dakota)
- PNC Championship Golf (Category: USA, South Dakota)
[…]The post Justice Does Not Require A Mandate But A New Government appeared first on Colombo Telegraph.
- A Warning To Be Heeded (Category: Breaking News)
- Accountability Issues & Human Rights Cannot Be Glossed Over (Category: Breaking News)
- Time For Truth Come Out (Category: Breaking News)
- Government Needs To Commit To More Than Commissions (Category: Breaking News)
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