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[…]The post A Great American Dilemma: Israel-Hamas War – Is It Reverse Holocaust? appeared first on Colombo Telegraph.
The United States District Court has granted Sri Lanka’s request for a six-month halt on Hamilton Reserve Bank’s (HRB) lawsuit against the country, US media reports said.The post U.S. court grants Sri Lanka’s request for 6-month halt in Hamilton Reserve Bank lawsuit appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
The United States, Britain and other European countries must respect the growing global public opinion, mostly in the West, including by thousands of principled Jews against the horrific crimes being committed against the Palestinians under cover of a ‘war on Hamas’ for the past one month, former MP and Sri Lankan Ambassador to Iran, M. […]
[…]The post SOE 2023: IPS Offers Some Inputs To Proposed Growth Lab appeared first on Colombo Telegraph.
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 […]
The concessionary payments for the purchase of fertilizers for this Maha season will be credited to the bank accounts of the farmers tomorrow (Nov. 06), the Ministry of Agriculture announced.
By Uditha Devapriya There is an important aspect to recent debates over the government’s economic reforms and proposed laws, which include the Draft Online Safety Bill (OSB); and that is the government’s perspective on them. The government frames these reforms and laws as not just important but also essential. The reforms, it states, are crucial […]
The Chartered Institute of Personnel Management (CIPM) continued its legacy of excellence in the field of Human Resource Management (HRM) at its annual graduation ceremony on October 26, 2023, held at the BMICH in Colombo. Under the theme “Elevating Excellence, Celebrating HRM Professionals,” the event commemorated the dedication and achievements of 699 graduates who completed […...
Owner of two companies in a tax haven The name of a top Sri Lankan politician has emerged in the latest release of Pandora Papers two years after the first leak of financial secrets of shell companies in overseas tax shelters.The individual, a minister in President Ranil Wickremesinghe’s cabinet, has been identified as the beneficial […]
The World Bank’s Managing Director for Operations, Anna Bjerde, concluded her four-day visit to Sri Lanka on Wednesday (November 01), encouraging the Government of Sri Lanka to stay the course on reforms for recovery and sustainable growth.The post World Bank’s Managing Director urges need for reform continuity, concludes visit to Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaki...
Union Bank was able to continue a steadfast performance in the 9 months ended 30 September 2023 recording a notable improvement in the core banking performance with an overall income of LKR 17,314 Mn, a 36% increase over the comparative period. Net Interest Income (NII) was a key driver for the increase in the Bank’s […]
Sri Lanka’s digital retail payments are poised for remarkable expansion, with the potential to reach up to Rs 77.2 trillion by 2027, according to analysis by Robocash Sri Lanka. This represents a substantial 128 percent increase from the 2022 level. The optimistic forecast by the company is contingent on the assumption that all major macroeconomic […]
Cassandra is sick to her innermost core seeing on TV daily, multiple protests of motley crowds toting banners and marching all across roads and in many instances being tear gassed and water cannoned. She is sure that like her, five sixths of adult citizens in this doomed and gloomed land are sick of these protests. […]
President Ranil Wickremesinghe, on Wednesday night, speaking at the National Industry Awards ceremony, acknowledged the challenging decision to increase the Value Added Tax (VAT) to 18 percent, emphasising the imperative need to maintain economic stability. National Industry Excellence Awards 2023 was held at the Nelum Pokuna Theatre in Colombo. President Wickremesinghe stressed the importance of ...
Finance Minister Nirmala Sitharaman on Thursday visited Sri Lanka s eastern port town of Trincomalee where she opened a branch of the State Bank of India and appreciated its role in supporting corporates in international trade.
President Ranil Wickremesinghe emphasized the importance of making the right decisions for the country s economic development and during his address at the National Industry Excellence Awards 2023, which took place on Wednesday (01) at the Nelum Pokuna Theater in Colombo.
[…]The post Netanyahu’s Divine License For Gaza Genocide appeared first on Colombo Telegraph.
As Sri Lanka recovers from a series of unprecedented shocks with devastating impacts, it is crucial to stay the course on sound and timely reforms in order to stabilize the economy, World Bank Managing Director for Operations, Anna Bjerde, said. Anna Bjerde, who concluded a four-day visit to Sri Lanka, underscored the World Bank’s continuous commitment […]
Weeks of mounting political tension have erupted into protests and bloodshed in Bangladesh, leaving the country on edge ahead of general elections due in January. Several senior opposition leaders were arrested last Sunday, a day after a massive rally against the government turned violent, resulting in the deaths of at least two opposition supporters. The rejuvenated […]
By Shamindra Ferdinando Justice Minister Dr. Wijeyadasa Rajapakshe, PC, has said the Foreign Exchange Act No 12 of 2017, enacted during the Yahapalana administration was meant to facilitate the operations of those who exploited the system for their benefit. The new Act had repealed the Exchange Control Act of 1953, Dr. Rajapakshe said, adding that the Yahapalana move […]
• Profit before Tax accelerated 100.75% to LKR 7,181 Mn • Overall Statutory Liquid Assets Ratio is 39.10% at 30 Sept ‘23 • Total Capital Adequacy Ratio of 15.29% as at 30 Sept ‘23 Seylan Bank announced an impressive Profit after Tax (PAT) of LKR 4.49 billion for the nine months ended September 30, 2023, […]
The World Bank s Managing Director for Operations, Anna Bjerde, concluded her four-day visit to Sri Lanka today (01), encouraging the Government of Sri Lanka to stay the course on reforms for recovery and sustainable growth.
The utterly duped Sri Lanka government had no qualms in bending backwards to appease the LTTE in so many ways believing the so-called peace facilitators to the bitter end, despite the LTTE violating virtually all CFA rules. Viking peace facilitators took the Lankan leaders on right royal ride by making them believe in the Tigers […]