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[…]The post Unthinking Nation appeared first on Colombo Telegraph.
A proposal, set to take effect from October 1, 2023, stipulates rates of USD 130 for 5-star hotels, USD 100 for 4-star hotels, and USD 80 for 3-star hotels within the city of Colombo. While the authorities argue that this measure aims to counter underpricing by higher-tier hotels, this policy threatens to undermine the growth […]
[…]The post Modern Ramsethu: An Unlikely Bridge appeared first on Colombo Telegraph.
[…]The post Calm Before The Storm! Aragalaya -’22 Has Rested Enough!!! appeared first on Colombo Telegraph.
By Shamindra Ferdinando Justice Minister Dr. Wijeyadasa Rajapakse, PC, declared in Parliament that the winners of LPL (Lanka Premier League) 2023 B-Love Kandy had been sponsored by an enterprise that was banned in the country. The statement was made in Parliament on 24th August. The one-time President of the Bar Association found fault with SLC […]
Thursday 24th August, 2023 It must have gladdened the hearts of all Sri Lankans, who are undergoing untold suffering owing to corruption, waste and economic mismanagement, to hear that the law had eventually caught up with two foreign political leaders. Former Thai Prime Minister Thaksin Shinawatra was arrested and taken to jail, on Tuesday, upon […]
Sri Lanka has finally started paying back the $200 million it took from Bangladesh in a currency swap agreement in August 2021, more than a year and a half later than the original agreed date. On August 17, Sri Lanka sent $50 million to Bangladesh, which is the first instalment of the payment, according to Md Mezbaul […]
[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part III appeared first on Colombo Telegraph.
that the foreign guests helped boost the country’s economy and deserved […]
[…]The post The Rooster Coop & Its Impact On Sri Lanka appeared first on Colombo Telegraph.
[…]The post Connectivity Or Captivity? appeared first on Colombo Telegraph.
(Excerpted from volume ii of the Sarath Amunugama autobiography) During one of my visits to Colombo I got a call to see the President at ‘Breamar’. Gamini Dissanayake had told him of my friendship with Parathasarathy and he wanted me to help him repair the damage done to their friendship due to the abuse heaped […]
[…]The post Economic Reforms, Corruption & Reconciliation appeared first on Colombo Telegraph.
Targeted opening of Cinnamon Life Hotel and Mall expected to bode well for JKH Leisure business By Sanath Nanayakkare John Keells PLC is expected to recover from some of of its downbeat numbers with the overall pickup in the economy, according to a Review issued by First Capital Research, based
Through the eyes of Sena Thoradeniya: Sena Thoradeniya discussed successful US operations here taking into similar interventions in the past and present. The examination of the Egyptian and Iranian scenarios is surely useful. Those genuinely concerned about what went wrong for Gotabaya Rajapaksa, who didn’t really receive the backing of any section of the international […]
[…]The post A French Spring Amid IMF Mission Creep: Ranil Tangoes In Paris As Macron Pivots To BRICS appeared first on Colombo Telegraph.
Debt-laden Sri Lanka will unveil its domestic debt restructuring strategy this week, central bank chief P Nandalal Weerasinghe said on Sunday (Jun 25), as the island navigates its worst financial crisis in decades. Sri Lanka will also likely obtain Cabinet and parliamentary approval for the debt restructuring strategy this week, Weerasinghe told local TV channels […]
[…]The post RW’s Plea In Paris & Predicament At Home appeared first on Colombo Telegraph.
[…]The post NM’s Heritage: Upsurge Of Religious Despotism In Sri Lanka: Can The JVP Withstand Sinhala-Buddhist Racism? appeared first on Colombo Telegraph.
[…]The post Dream Team For National Reconciliation appeared first on Colombo Telegraph.
[…]The post Two Challenges: Economic Recovery, Political Devolution – V appeared first on Colombo Telegraph.
Thursday 4th May, 2023 Government politicians, save perhaps a few, and their backers are still cock-a-hoop over the IMF bailout which they naively think is a kind of economic panacea. They went so far as to paint the town red when the IMF approved the much-awaited extended fund facility, in March, lighting as they did […]
[…]The post The Missing Ingredients To Come Out Of The Economic Rut appeared first on Colombo Telegraph.
By Jehan Perera Slowly but surely the ruling party is beginning to reassert itself. An indication is the removal of Prof G L Peiris from the chairmanship of the ruling party. In the aftermath of the economic collapse last year he has been one of the few members from the SLPP to have adopted a […]
[…]The post Anti-Terrorism Act Is ‘State Terrorism’ In Sheep’s Clothing appeared first on Colombo Telegraph.
To tackle the enormous economic challenge that Sri Lanka is facing, everyone must come together to support the recovery and promote stable and inclusive growth, says the International Monetary Fund (IMF) Senior Mission Chief for Sri Lanka Peter Breuer.The post Everyone must come together to support Sri Lanka’s recovery and inclusive growth – IMF appeared first on Sri Lanka News - Lates...
Despite being faced with an uncertain economic future and gender-related barriers, women entrepreneurs in Sri Lanka have risen to the challenge and demonstrated remarkable resilience and adaptability by turning to social media to not only sustain but to grow their businesses to new levels. Meet Nishadi Gamage, a young woman from Yatinuwara who turned her […]
Despite being faced with an uncertain economic future and gender-related barriers, women entrepreneurs in Sri Lanka have risen to the challenge and demonstrated remarkable resilience and adaptability by turning to social media to not only sustain but to grow their businesses to new levels. Meet Nishadi Gamage, a young woman from Yatinuwara who turned […]
Wednesday 1st March, 2023 Sri Lanka finds itself in the same predicament as a gang rape victim being forcibly kept in the custody of her rapists. Those who are responsible for stealing public funds, mismanaging the economy and bankrupting it continue to be in power. Worse, while living
[…]The post Alternatives To The IMF & The Future Of The Welfare State: Beyond The Blame Game Between Superpowers appeared first on Colombo Telegraph.