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[…]The post Flight Of Human Capital – A Catastrophic Fait Accompli appeared first on Colombo Telegraph.
- Indian HC explains how Covid-19, Russia-Ukraine conflict expanded India’s role in SL (Category: Breaking News)
- Genocide Day’ controversy : SL registers protest with Canadian HC (Category: Breaking News)
- SL economy, IMF claims, and reality (Category: Breaking News)
- New Australian HC launches landmark educational programme (Category: Breaking News)
[…]The post Chips Are Everywhere: But Can Sri Lanka Ride The Wave? appeared first on Colombo Telegraph.
- Biden’s order to restrict US investments in China’s tech sector opens new opportunities for India (Category: Breaking News)
- US Chips Act restricts companies from expanding production in China (Category: Breaking News)
- Lanka Adrift In Tempestuous Seas (Category: Breaking News)
- Threats To The Hegemony Of The US Dollar (Category: Breaking News)
[…]The post RW, IMF & The Economy appeared first on Colombo Telegraph.
- IMF’s Prescription: Panacea Or Palliative? (Category: Breaking News)
- IMF, ATA & RW’s Consolidation (Category: Breaking News)
- IMF Economics & 13A Politics: Recipe For Unrest (Category: Breaking News)
- Restructuring The Economy: A Stock Take (Category: Breaking News)
President Ranil Wickremesinghe extended an invitation to all political party leaders in the Parliament to engage in discussions with the Managing Director of the International Monetary Fund (IMF) on the implementation of the agreement with the IMF. Emphasizing the importance of unity in leading the country to success, he reiterated that withdrawing from the agreement […]
- President invites party leaders for ‘collective dialogue’ with IMF (Category: Breaking News)
- President seeks opposition support to implement IMF deal (Category: Breaking News)
- Sri Lanka to reach IMF staff level agreement, debt restructuring framework by end July: PM (Category: Breaking News)
- Sri Lanka likely to go ahead with new income tax regime, but president “ready to discuss” (Category: Breaking News)
In the global political landscape of 2024, Reuters provides a comprehensive overview of key elections shaping the economic and geopolitical landscape across diverse regions. From Europe, where the rise of Eurosceptic far-right parties poses challenges to the European Union’s integration, to Russia, where Vladimir Putin is set for another term amid heightened tensions with the […]
- Nexus between money, exchange rate, money printing and inflation (Category: Breaking News)
- ‘SL’s inflation reduced to single digit levels in 2023 along with restoration of price stability’ (Category: Breaking News)
- Inflation – Public Enemy Number One (Category: Breaking News)
- Isn’t cleansing hearts a political issue? (Category: Breaking News)
Sri Lanka's central bank kept interest rates steady on Tuesday, in line with market expectations, forgoing a rate cut as a new tax threatened upward pressure on expenses and fuelled concerns about inflation.The post Sri Lanka central bank keeps policy rates unchanged to tame inflation appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Central Bank of Sri Lanka maintains Policy Rates to support Economic Recovery (Category: Breaking News)
- Sri Lanka unexpectedly cuts rates by 250 bps as inflation eases (Category: Breaking News)
- Central Bank of Sri Lanka threatens administrative measures over high market interest rates (Category: Breaking News)
- Sri Lanka central bank to consider a single policy rate mechanism (Category: Breaking News)
by Jehan Perera Under President Ranil Wickremesinghe’s leadership it looks like Sri Lanka is once again punching above its weight. The President took centre stage at the 19th Summit of the Heads of State and Government of the Non-Aligned Movement (NAM) and the 3rd South Summit of the Group of 77 & China, currently taking […]
- President Positions Sri Lanka To Win International Support (Category: Breaking News)
- President holds bilateral talks with state leaders during NAM Summit in Kampala (Category: Breaking News)
- Non-aligned nations, once perceived as weak states, have evolved beyond that characterization -P... (Category: Breaking News)
- Reflect current changes in global financial institutions – President at NAM (Category: Breaking News)
[…]The post President Positions Sri Lanka To Win International Support appeared first on Colombo Telegraph.
- Govt. woos international community (Category: Breaking News)
- National Reconciliation & Archaeological Mischiefs (Category: Breaking News)
- Neither North Nor South, Ranil At Home With The Global Right (Category: Breaking News)
- Child’s Guide To UK’s Trade Concessions To Developing Countries (Category: Breaking News)
Sri Lanka's consumer price inflation rate jumped to 4.2% year-on-year in December driven by rising food prices, official data showed on Monday, although it remains well below record high levels seen at the height of the country's financial crisis.The post Rising food prices drive Sri Lanka inflation up to 4.2% in December appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka’s key inflation rate rises to 1.5% in October (Category: Breaking News)
- Sri Lanka consumer price inflation eases to 53.2% in January but impulses still persist (Category: Breaking News)
- Sri Lanka’s key inflation rate eases to 50.6% in February (Category: Breaking News)
- Sri Lanka’s July consumer inflation more than halves to 4.6% (Category: Breaking News)
By Prof. Amarasiri de Silva Sri Lanka, renowned for its rich cultural heritage and diverse landscapes, is grappling with an unprecedented macroeconomic crisis. This crisis has given rise to acute shortages and sharp increases in the prices of essential products, creating a complex web of challenges
- Dairy: The mirage of self-sufficiency (Category: Business)
- Egg prices expected to drop, imports unnecessary from next year – Minister (Category: Breaking News)
- Fix food sectors (Category: Business)
- Achieving food security:Integrated plan necessary (Category: Breaking News)
Sri Lanka is showing first signs of recovery as it finds itself in an election year, and therefore, what happens before the elections as well as after them will be crucial for the economic recovery in Sri Lanka, IMF’s Senior Mission Chief, Peter Breuer said on Friday. He said so at a press briefing held […]
- SL hopes for productive talks at IMF WB spring meetings (Category: Breaking News)
- World Bank’s IFC emphasizes private sector engagement in crisis-hit Lanka’s growth (Category: Breaking News)
- Sri Lanka’s debt negotiations stall over GDP growth projections and repayment terms – Nishan de ... (Category: Breaking News)
- India promises further support (Category: Breaking News)
China’s consumer price index (CPI) fell by 0.3 per cent year on year in December, marking a third consecutive monthly decline amid fears of deflationary risks Concerns have risen that China is facing similar issues to Japan’s so-called lost decades of stagnation China’s falling consumer prices in the fourth quarter have plunged full-year inflation to […]
- China has fallen into a psycho-political funk (Category: Breaking News)
- VAT increase could cause inflation to hit 7 percent in January – CBSL Governor (Category: Breaking News)
- CCPI based headline inflation increases in November 2023 (Category: Breaking News)
- Qatar inflation hits 20-month high in Aug (Category: Business)
[…]The post Merchants Of Faith appeared first on Colombo Telegraph.
- Pyromaniacs On The March (Category: Breaking News)
- Politics Of Addiction (Category: Breaking News)
- Stories & True Buddha Dhamma: What Do Scholars Advise? (Category: Breaking News)
- Kurundi: A Runway To ’56? (Category: Breaking News)
The economic reform programme, implemented by the Sri Lankan authorities is yielding the first signs of recovery with positive real GDP growth in the third quarter of 2023, low inflation, increased revenue collection, and a build-up of external reserves, the IMF has said. Staying the course on the reform agenda is necessary for this stabilization […]
- Govt. ponders domestic debt optimisation operation (Category: Breaking News)
- IMF Deputy MD: Lanka’s economy showing tentative signs of improvement, but recovery remains chal... (Category: Breaking News)
- IMF sees “tentative signs of improvement” of Lankan economy (Category: Breaking News)
- IMF reaches staff-level agreement on first review of Sri Lanka’s Extended Fund Facility arrangem... (Category: Breaking News)
President Ranil Wickremesinghe addressing the 19th Non-Aligned Movement (NAM) Summit in Kampala, Uganda said that Non-aligned nations, once perceived as weak states, have evolved beyond that characterization. He also expressed gratitude to President Museveni and Uganda for hosting the summit. Following is the full speech delivered by President Ranil Wickremesinghe; “Let me begin by congratulating ...
- President to address 19th NAM Summit and 3rd South Summit (Category: Breaking News)
- President Positions Sri Lanka To Win International Support (Category: Breaking News)
- President Ranil to take centre stage at key global summits in Kampala (Category: Breaking News)
- Global disparities between developing and developed nations have grown due to technology gaps an... (Category: Breaking News)
An International Monetary Fund (IMF) mission team led by Mr. Peter Breuer visited Sri Lanka from January 11 to January 19, 2024 to discuss recent macroeconomic developments and progress in implementing economic and financial policies under the EFF arrangement.The post IMF staff concludes visit to Sri Lanka saying debt agreements with creditors critical appeared first on ONLANKA - Sri Lanka Latest ...
- IMF Staff concludes visit to Sri Lanka and issued official statement (Category: Breaking News)
- Sri Lanka’s revenue shortfall concerns IMF team – sources (Category: Breaking News)
- Sri Lanka’s talks with creditors ongoing, unaware of specific deals – IMF (Category: Breaking News)
- IMF eyes creditor assurances as it prepares Sri Lanka visit (Category: Breaking News)
by Dr Amali Wedagedara In Sri Lanka, public policy lost in the neoliberal haze treats the market as a cure for all ills. Not only is the market omnipresent, but it is also omniscient and omnipotent. The charm of the ‘market’ that research and advocacy lobbyists are creating is so alluring that only a few […]
- IMF-led privatisation, land and resource grab in Sri Lanka (Category: Breaking News)
- Taming the ‘monsters’ (Category: Business)
- Dr. Nicholas advises Lanka against swallowing IMF dope (Category: Breaking News)
- Sri Lanka’s crisis seen as highlighting lessons from Greece (Category: Breaking News)
[…]The post Minorities & System Change appeared first on Colombo Telegraph.
- Economics Of Recovery & Politics Of Reconciliation (Category: Breaking News)
- Monk’s Imprisonment: Aragalaya Victory No. 2 (Category: Breaking News)
- IMF’s Prescription: Panacea Or Palliative? (Category: Breaking News)
- Aragalaya, Political Buddhism & Ranilocracy (Category: Breaking News)
[…]The post Pragmatism Needs Fairness To Be Statesmanlike appeared first on Colombo Telegraph.
- President Positions Sri Lanka To Win International Support (Category: Breaking News)
- Human Rights Protection Requires More Inclusive Approach (Category: Breaking News)
- The Choice Of Consensus Or Confrontation (Category: Breaking News)
- Political Solution Is Missing Part Of Reconciliation (Category: Breaking News)
[…]The post Economy 2024: More Challenging Than The Two Previous Years appeared first on Colombo Telegraph.
- Colombo University Business Economic Summit 2024: Keynote Address (Category: Breaking News)
- The Magic 2048: What Is To Be Done To Make Ranilnomics A Reality? (Category: Breaking News)
- Navigating The Economic Reawakening & Sustainable Growth (Category: Breaking News)
- SOE 2023: IPS Offers Some Inputs To Proposed Growth Lab (Category: Breaking News)
[…]The post Why Step Motherly Treatment Of The Oppressed Segments Of Society Via Micro Finance Bill? appeared first on Colombo Telegraph.
- Is Post-Crisis Essential Reforms Being Effectively Progressed? If Not What Is The Way Forward? (Category: Breaking News)
- Citizens Need A Snow White To Prod The Dwarfs In Governance & Society! (Category: Breaking News)
- Micro finance: As India moves forward, Sri Lanka stagnates (Category: Business)
- Finance: Restrictions on use of the word (Category: Business)
… USD 5 mn paid to Iran a month By Shamindra Ferdinando Power and Energy Minister Kanchana Wijesekera has confirmed that consumers of petrol and diesel have been made to pay Rs. 50 to Rs. 55 per litre since the middle of last year to settle what the Ceylon Petroleum Corporation (CPC) owed its creditors. […]
- SJB unionist: IOC and Sinopec benefit from special levy on fuel to recover CPC losses (Category: Breaking News)
- Govt. flayed for jacking up fuel prices despite Rs 120 bn profit since last Sept. (Category: Breaking News)
- CPC reduces price of petrol and diesel (Category: Breaking News)
- SJB questions Kanchana over suspension of fuel pricing formula, USD 3 bn debt to suppliers (Category: Breaking News)
Ms. Shashi Kandambi, a leading professional in the banking sector, has assumed office as the 19th General Manager/CEO of National Savings Bank (NSB) on 10th January 2024. Ms. Kandambi was the Senior Deputy General Manager of International Banking at Sampath Bank, where she had a long-standing and successful career. Her banking experience spans over 35 […]
- New APBSL Council (Category: Breaking News)
- Import duties and taxes can now be paid online (Category: Breaking News)
- People’s Bank selects Millionaire Winner for May in People’s Remittance Vaasi Kotiyai 2023’ draw (Category: Breaking News)
- BOC and Mashreqbank Officials exchanging the syndicated loan agreement (Category: Breaking News)
During a meeting between President Ranil Wickremesinghe, Sri Lankan authorities and the International Monetary Fund (IMF) on Thursday (11), the IMF congratulated the country on completing the first review under its program. The IMF highlighted the positive start of the program, recognizing the challenging reforms undertaken by Sri Lanka and their significant impact on the […]
- IMF applauds the country’s significant progress in implementing economic reforms (Category: Breaking News)
- Report Card (Category: Business)
- On Track (Category: Business)
- IMF applauds Sri Lanka’s significant progress in economic reforms (Category: Breaking News)
The International Monetary Fund (IMF) applauds Sri Lanka on significant progress in implementing economic reforms.The post IMF applauds Sri Lanka’s significant progress in economic reforms appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- IMF applauds the country’s significant progress in implementing economic reforms (Category: Breaking News)
- IMF applauds the country’s significant progress in implementing economic reforms (Category: Breaking News)
- IMF says talks with Sri Lanka make significant policy progress (Category: Breaking News)
- IMF program is exhibiting promising signs of efficacy – IMF Mission Chief for Sri Lanka (Category: Breaking News)
Japan’s Finance Minister Suzuki Shunichi, called on Sri Lanka President Ranil Wickremesinghe at the Presidential Secretariat in Colombo on Thursday evening (January 11).The post Japan’s Finance Minister Suzuki Shunichi commends Sri Lanka’s economic advancements appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Japanese Finance Minister Shunichi Suzuki to visit Sri Lanka (Category: Breaking News)
- Japan’s Finance Minister Shunichi Suzuki to visit Sri Lanka in January (Category: Breaking News)
- Japan s Finance Minister commends Sri Lanka s economic advancements, commitment to reforms (Category: Breaking News)
- Japanese Finance Minister calls for talks on Sri Lanka (Category: Breaking News)
[…]The post Homework For NPP appeared first on Colombo Telegraph.
- Aragalaya Effect Vs IMF Effect (Category: Breaking News)
- RW, IMF & The Economy (Category: Breaking News)
- NPP Deserves Fairness From Critics (Category: Breaking News)
- Economy, Easter Phoenix & Politics (Category: Breaking News)
Sri Lanka's central bank is considering moving towards a single policy rate mechanism to ensure better signaling of its monetary policy stance, Governor P. Nandalal Weerasinghe said on Wednesday.The post Sri Lanka central bank to consider a single policy rate mechanism appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka signals pause after four rate cuts as IMF loan awaited (Category: Breaking News)
- Sri Lanka’s Central Bank Chief says Money printing has drastically reduced in 2022 (Category: Breaking News)
- Sri Lanka central bank holds rates, sees sharp drop in inflation (Category: Breaking News)
- Sri Lanka central bank chief: monetary policy transmission still incomplete (Category: Breaking News)
By Ifham Nizam Sri Lanka has made commendable strides towards fiscal discipline, particularly in the area of controlling government spending and managing inflation, Rockefeller International chairman and founder and CIO, Breakout Capital Ruchir Sharma said. Sharma was speaking at a special public lecture in Colombo recently, organized by the Central Bank of Sri Lanka. At […]
- Ruchir Sharma urges Sri Lanka to spring a ‘surprise on the upside’ to catch foreign investors’ eye (Category: Breaking News)
- Sri Lanka now has economic and administrative momentum – Economic Times (Category: Breaking News)
- Commonwealth enriched by Sri Lanka's membership - Sharma (Category: Breaking News)
- Teheran expects enhancement of bilateral ties in all fields (Category: Breaking News)
Japan restated the importance for early completion of signing of a Memorandum of Understanding (MoU) between Sri Lanka and creditor nations on debt restructuring, after an agreement was reached in principle late last year.The post Japan urges early signing of debt MoU between Sri Lanka and creditors appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka, Japan agree to resume stalled projects including light rail (Category: Breaking News)
- Some Sri Lanka creditors seeking debt restructuring deal without China (Category: Breaking News)
- Japan urges early signing of debt MoU between Sri Lanka and creditors (Category: Breaking News)
- Japan, India and France launch creditors meeting on Sri Lanka debt (Category: Breaking News)
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