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By N Sathiya Moorthy If anything, the recent initiative of fisheries minister Douglas Devananda to create a fishermen’s volunteer force to tackle the fishers’ issue with the Indian neighbour can make it more complicated than already. If taken forward, it can lead to situations that could cause diplomatic heart-burning between the two South Asian neighbours […]
McDonald’s stores across Sri Lanka shut on Sunday after the US fast-food giant launched a legal battle with its local franchise holder over allegations of poor hygiene, court officials said. The Commercial High Court of Colombo ordered the closures until April 4, after the parent company accused the local franchise holder of failing to meet […]
Sri Lankan President Ranil Wickremesinghe emphasizes the necessity of a new economic reform program for the country’s economic recovery.The post Sri Lanka President stresses vitality of new Economic reforms for country’s recovery appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Jammu and Kashmir is experiencing a period of high growth, driven by proactive government policies, strategic investments, and concerted efforts aimed at unlocking the region’s immense potential. • Jammu and Kashmir contributes approximately 0.8 percent to India’s GDP, in alignment with its population share of 0.9 percent and its FDI and exports are expanding, with […]
Jammu and Kashmir is experiencing a period of high growth, driven by proactive government policies, strategic investments, and concerted efforts aimed at unlocking the region’s immense potential. • Jammu and Kashmir contributes approximately 0.8 percent to India’s GDP, in alignment with its population share of 0.9 percent and its FDI and exports are expanding, with […]
President Ranil Wickremesinghe participating in a friendly discussion organized by the ‘United Youth Union’ on the theme ‘Future of our Youth’ in Polonnaruwa on Saturday (23), stressed the necessity of a new economic reform program for the country’s economic recovery. He requested for collective support from all citizens to prevent the next generation from inheriting […]
[…]The post Is Trump Likely To Be The Next American President? appeared first on Colombo Telegraph.
[…]The post Gaza In End Times appeared first on Colombo Telegraph.
by Rex Clementine When your star player gets suspended twice within a month, that’s not ideal. When he is your captain, you have serious problems to deal with. We are talking about Wanindu Hasaranga here, whose constant altercations with match officials have landed him in trouble. First he took on local umpire Lyndon Hannibal for […]
The Board of Directors of Union Bank of Colombo PLC announced the appointment of Mr. Dinesh Weerakkody a distinguished banker and financial advisor with vast experience as an Independent Non-executive Director, with effect from 01 April 2024. Mr. Dinesh Weerakkody is a former Chairman of Hatton National Bank PLC and Commercial Bank of Ceylon PLC […]
[…]The post Economic Realities & Political Promises appeared first on Colombo Telegraph.
Sri Lanka strongly condemned the dastardly terrorist attack which occurred at the Crocus City shopping center in Moscow, Russia causing tragic loss of civilian lives and injury. The Sri Lanka Foreign Ministry said that such cowardly acts of violence against civilians are abhorrent and have no place in civilized society. The Government and the people […]
Tamil Nadu Chief Minister MK Stalin on Friday wrote to India’s External Affairs Minister Dr. S. Jaishankar, urging him to secure the immediate release of all detained fishermen and their fishing boats in Sri Lanka and ensure necessary legal assistance for them.The post Ensure release of Indian fishermen detained by Sri Lanka: TN Chief Minister to Jaishankar appeared first on ONLANKA - Sri Lanka La...
The Sri Lanka Customs Narcotics Control Unit has arrested a Venezuelan national along with a stock of capsules of suspected cocaine at the Bandaranaike International Airport (BIA) this morning (23).
Sri Lankan Prime Minister Dinesh Gunawardena will visit China, his country’s biggest bilateral lender, next week, Beijing’s Foreign Ministry said Friday, according to AFP. “At the invitation of Premier Li Qiang of the State Council, Prime Minister of Sri Lanka Dinesh Gunawardena will pay an official visit to China from March 25 to 30,” Foreign […]
Papua New Guinea have earned an disciplined 0-0 draw with Sri Lanka at the Race Course International Stadium in Colombo, as part of the FIFA Series. Warren Moon’s side, who will also take on Central African Republic next week, were well organised and hard-working in their performance as they continue their preparations for the OFC […]
After constructive discussions in Colombo, IMF Senior Mission Chief Peter Breuer and Deputy Mission Chief Ms. Katsiaryna Svirydzenka issued the following statement: “The IMF team reached staff-level agreement with the Sri Lankan authorities on the second review under the economic reform program supported by a 4-year Extended Fund Facility (EFF) arrangement and concluded the 2024 […]
… corruption cited as one of the three issues faced by the country Japanese Ambassador Hideaki Mizukoshi Thursday (21) urged Sri Lanka to turn the continuing economic, political and social crisis into an opportunity to achieve success. The Ambassador said that the country should take advantage of the continuing external pressure to adopt reforms, build-up […]
Russia and China have blocked a US draft resolution put to the UN which for the first time called for a ceasefire and hostage releases in Gaza. While there have been previous attempts by other countries to call for a ceasefire, the US text marked a hardening of its stance towards Israel. But Russia and […]
Gunmen burst into a big concert hall in Moscow and fired automatic weapons at the crowd, killing 40 people and wounding more than 100, according to Russia’s state news agency TASS, citing the Federal Security Service (FSB). Russian news reports said the assailants also used explosives, causing a massive blaze at the Crocus City Hall […]
[…]The post President Anura Kumara Dissanayake appeared first on Colombo Telegraph.
The Japanese Ambassador to Sri Lanka, H.E. MIZUKOSHI Hideaki, expressed Japan’s support for the current program aimed at rebuilding the Sri Lankan economy.The post Japanese Ambassador assures Japan’s support for Sri Lanka’s Economic development efforts appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
The Japanese Ambassador to Sri Lanka MIZUKOSHI Hideaki, expressed Japan’s support for the current program aimed at rebuilding the Sri Lankan economy. Drawing parallels between Japan’s historical journey and Sri Lanka’s current economic challenges, the Ambassador highlighted Japan’s resilience and economic resurgence as a model for Sri Lanka. These remarks were made during his keynote […]
Following productive discussions, the International Monetary Fund (IMF) and Sri Lankan authorities have achieved a staff-level agreement on economic policies, marking a significant step in concluding the second review of the 4-year Extended Fund Facility (EFF)-supported program and the 2024 Article IV Consultation.
Sri Lanka is close to finalising a debt treatment plan with India and the Paris Club, sources familiar with the negotiations said, pointing to a likely moratorium of up to six years and a reduced interest rate during the repayment period.The post Sri Lanka to secure likely 6-year moratorium on debt owed to India, Paris Club appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories...
Following productive discussions, the International Monetary Fund (IMF) and Sri Lankan authorities have achieved a staff-level agreement on economic policies, marking a significant step in concluding the second review of the 4-year Extended Fund Facility (EFF)-supported program and the 2024 Article IV Consultation. This was stated by Mr. Peter Breuer, IMF Senior Mission Chief during […]
Bangladesh won the toss and decided to put Sri Lanka in to bat in the first Test in Sylhet. Najmul Hossain Shanto said he was hoping for early inroads as he felt the moisture in the wicket from rain earlier in the day might aid seam and swing bowling. This could particularly aid express pacer […]
Alhambra Hotels commemorates five decades of unwavering dedication to hospitality excellence today. What began as a visionary endeavor by founding Chairman Mr. Jabir A. Cader, a prominent businessman, has evolved into a cornerstone of Colombo’s hospitality landscape. Originally envisioned as a modern cinema, the venture transformed with the changing tides, capitalizing on the burgeoning tour...
The International Monetary Fund (IMF) reached a staff-level agreement with the Sri Lankan authorities on the second review under the economic reform program supported by a 4-year Extended Fund Facility (EFF) arrangement. The EFF arrangement was approved by the IMF Executive Board for a total amount of SDR 2.3 billion (about US$3 billion) on March […]
Japan, the International Organisation for Migration (IOM), and the International Labour Organization (ILO) have joined hands to protect Sri Lankans from human trafficking. With USD 2.6 Million funding support from the Government of Japan, the International Organisation for Migration (IOM), and the International Labour Organization (ILO) launched 12-month “UPLIFT” project. The initiative will contr...