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India’s Minister of External Affairs Dr. S. Jaishankar has urged all Indians to visit Sri Lanka, emphasising the strong ties between the two nations.The post ‘The next time you want to take a holiday, go to Sri Lanka’ – Jaishankar to Indians appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- India has done its best to assist Sri Lanka – Jaishankar (Category: Breaking News)
- India remains committed to assist Sri Lanka in its economic recovery – Jaishankar tells Sabry (Category: Breaking News)
- JVP Leader Anura Kumara meets India’s Foreign Minister S.Jaishankar in Delhi (Category: Breaking News)
- India will continue developmental assistance to Sri Lanka in every possible area: Jaishankar (Category: Breaking News)
[…]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)
Indian High Commissioner Santosh Jha has said India and Sri Lanka are natural partners and their interests in matters of security or development are intertwined and interlinked. “The huge potential our partnership holds and the tangible impact it can have on the lives of the common people drives me to work harder to further deepen […]
- Sri Lanka to ink trade deal with India after addressing concerns (Category: Breaking News)
- India assures continued support for SL at Creditors’ Committee along with Japan and Paris Club (Category: Breaking News)
- Sky is the limit for India-Sri Lanka partnership- High Commissioner Baglay (Category: Breaking News)
- ASEAN hints at Sri Lanka s potential entry into RCEP trade deal (Category: Breaking News)
by Lasanda Kurukulasuriya Sri Lanka’s remarks at the meetings of the 19th Summit of the Non Aligned Movement in Uganda, must surely have had observers of international relations, especially relating to West Asia, scratching their heads. President Ranil Wickemesinghe in Kampala on Friday (19 Jan.) said he welcomed the fact that the 19th Summit gave […]
- Sri Lanka Hones Its Balancing Act (Category: Breaking News)
- We don’t have the capacity for a Red Sea deployment on our own (Category: Breaking News)
- Will this massacre of the innocent ever stop? (Category: Breaking News)
- Foreign Ministry urged to advise govt. against Red Sea deployment (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)
President Ranil Wickremesinghe, addressing the 30th Annual General Meeting of the Lanka Confectionary Manufacturers Association (LCMA) yesterday (24) at Cinnamon Grand Hotel, Colombo emphasized the potential for Sri Lanka to become a global player in the confectionery industry. He encouraged Sri Lankan confectioners to expand their horizons and tap into international markets. The President emphasi...
- President wants cocoa planted on tea estates (Category: Breaking News)
- President Wickremesinghe advocates expansion of Sri Lankan Confectionery Industry and Cocoa cult... (Category: Breaking News)
- President advocates expansion of Sri Lankan confectionery industry and cocoa cultivation (Category: Breaking News)
- Cinnamon cultivation will be expanded under Agricultural Modernization program – President (Category: Breaking News)
Capital Market regulator, the Securities and Exchange Commission of Sri Lanka (SEC) held meaningful discussions with the Chief Executive Officers (CEOs) of stock broker firms and other Market Intermediaries in separate stakeholder engagements in January 2024. The meetings were aimed at fostering collaborative efforts to fortify the regulatory framework and operational infrastructure of the securit...
- Mafia trying to appoint Nalaka to fill vacancy created by Thilak (Category: Breaking News)
- Corporate Governance Rules revised to drive capital market forward (Category: Breaking News)
- Newly appointed Chairman is not pressurized by any party – SEC (Category: Breaking News)
- SEC Chairman says it is the right time to invest (Category: Breaking News)
In recent days, there is internal strife within the Chinese Communist Party (CCP), with each faction accusing the other of being rebellious and seeking to side-line them. Behind this lies a singular motive: how to eliminate their opponents and gain control over the party’s Central Committee. Over the past year, several incidents have occurred that […]
- Divided JVPs convention soon - Somawansa (Category: Breaking News)
- Escalating Tension Between Xi Jinping And A Faction Within The Military (Category: Breaking News)
- Six things to know as Xi Jinping moves to be China’s dictator for life (Category: Breaking News)
- Decline in CCP Membership Reflects Shifting Dynamics in China’s Communist Party (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 Lakshman Kadirgamar Institute (LKI) hosted a panel discussion ‘Sri Lanka as a Destination: From Antiquity to Modernity’ as part of its outreach activities to promote ‘Cultural Diplomacy’ in Koggala on Saturday (13 January 2024). Held with the Indian Ocean as the backdrop at the Long Beach Hotel, Koggala, this interactive discussion was organized as […]
- Dinara, Methwan, Achinthya to fight for final spots today (Category: Breaking News)
- 2024: An election year and global trends (Category: Breaking News)
- Foreign policy quagmire (Category: Breaking News)
- Budget, Taxation Turmoil and Policy Blunders – Part II (Category: Breaking News)
[…]The post Election ’24: Rajapaksa Implosion & Ranil’s Red Sea Meddling appeared first on Colombo Telegraph.
- Election Hustling In The South & Boycott Talk In The North (Category: Breaking News)
- May Day Politics: A Pregame To Presidential Election (Category: Breaking News)
- Electing A New Parliament & Ending The Old Presidency (Category: Breaking News)
- Electing A President: Three Against One In The US & Three Against Three In Sri Lanka (Category: Breaking News)
Pakistan and Iran have agreed to “de-escalate” tensions after an exchange of missile and drone attacks this week raised fears of further instability in the region, Islamabad said. Pakistan’s Foreign Minister Jalil Abbas Jilani and the foreign minister of Iran, Hossein Amir-Abdollahian, spoke via phone on Friday, Pakistan’s foreign ministry said in a statement. “The […]
- Gunmen kill nine Pakistani nationals in southeastern Iran (Category: Breaking News)
- Pakistan foreign minister to attend Shanghai Cooperation Organization’s meet in India (Category: Breaking News)
- Iran launches air attack on Israel, with drones ‘hours’ away (Category: Breaking News)
- Yemen’s Houthis warn they will target all Israel-bound ships in Red Sea (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)
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)
Chairman of the United National Party, Member of Parliament Wajira Abeywardena during a media briefing held at the Presidential Media Center (PMC) on Tuesday (16), said that the main purposes for President Ranil Wickremesinghe to get the Regulation of Election Expenditure Act No 3 of 2023 passed in Parliament early last year was to track […]
By N Sathiya Moorthy The government’s decision to commit the Sri Lanka Navy (SLN) for patrol duties alongside the US-led ‘Operation Prosperity Guardian’ patrol of the Red Sea against Houthi attacks on ships belonging to what they perceive as pro-Israeli nations is something that Colombo can do without at the moment. Apart from the high […]
- 4 exciting city breaks in the Middle East (Category: Breaking News)
- Weapons found in Mullaittivu (Category: Breaking News)
- Ranil says Policemen can no longer drive his vehicle (Category: Breaking News)
- Three injured at shootout in Maligawatta this morning. (Category: Breaking News)
By M. Rodwan Abouharb Associate Professor in International Relations, UCL and Bernhard Reinsberg Reader in Politics, University of Glasgow Sri Lanka received a bailout from the International Monetary Fund (IMF) in March amid soaring inflation, debt and a sovereign default. In exchange for US$3 billion (£2.4 billion), the government committed to spending cuts and tax […]
- 2024: An election year and global trends (Category: Breaking News)
- Where have millions of USD invested in good governance and accountability projects et al gone? (Category: Breaking News)
- Costly UNDP ‘lessons’ for Parliament (Category: Breaking News)
- All praise for Lanka’s saviours! (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)
By Saman Indrajith Forty-eight-year-old Batticaloa District MP Sivanesathurai Chandrakanthan, popularly known as Pillayan, has been shaping the Eastern Province’s political narrative since he was a teenager. He was just 16-years old when he joined the LTTE in 1990 as a child soldier. Since then, he continued to rise in the ranks of the LTTE until […]
- Lanka needs a national liberation movement, not mere regime change:Anura Kumara Dissanayake (Category: Breaking News)
- R. Sampanthan: ‘We cannot go on like this’ (Category: Breaking News)
- Ranil likely to go for presidential poll first – sources (Category: Breaking News)
- Minister warns of emerging racism ahead of elections (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)
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