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- Breaking News (262)
- Business (26)
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Foreign expatriates have stopped sending money through banking channels as black market gives them more rupees.
- Remittances from expat workers increase (Category: Breaking News)
- Expat SL workers send more money (Category: Breaking News)
- REMITTANCES BY MIGRANT WORKERS INCREASE (Category: Breaking News)
- USD 474.6 million received from expat SL workers in December (Category: Breaking News)
SLC expects a considerable collection from ticket sales
- App spending hit $400 million during socially isolated holiday season - CNET (Category: Technology)
- App spending hit $400 million during socially isolated holiday season - CNET (Category: Technology)
- App spending hit $400 million during socially isolated holiday season - CNET (Category: Technology)
- Computer gamers' brains 'differ' (Category: Technology)
Says guidance rate has reduced volatility
- Sri Lanka policy rate unchanged as market rates rise, money printing warnings (Category: Breaking News)
- Sri Lanka rates elevated amid failed float and DDR fears (Category: Breaking News)
- A Child’s Guide To Restrictions On Forex Forward Market (Category: Breaking News)
- Central Bank of Sri Lanka maintains policy interest rates unchanged (Category: Breaking News)
[…]The post Sri Lanka’s Economic, Political & Human Crisis appeared first on Colombo Telegraph.
- The Bleak Future For Sri Lanka : 75 Years After Independence (Category: Breaking News)
- Is President Wickremesinghe Following In The Footsteps Of His Uncle, President Jayewardene, In 1... (Category: Breaking News)
- Sri Lanka: Typical Propaganda By A Corrupt Nefarious Regime! (Category: Breaking News)
- Ranil Wickremesinghe’s Sixth (Mis)adventure: An Indisputable Reason For The ‘Aragalaya’ To Stay ... (Category: Breaking News)
[…]The post RW’s Tax Hike Welcome But Much More To Be Done To Come Out Of The Crisis appeared first on Colombo Telegraph.
- How long will power cuts be? (Category: Breaking News)
- Sri Lanka revenue officers slam politicians, policy makers for tax cuts (Category: Breaking News)
- WB cuts China growth forecast to 8.2% (Category: Business)
- Child’s Guide To Ranilnomics: Actual Tax Payment Is Not What One Pays Today (Category: Breaking News)
Money printing creates forex and fuel shortages
- Government land policy is fair- Keheliya (Category: Breaking News)
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
[…]The post Elon Musk To Rescue Sri Lanka From IMF Debt Bondage? appeared first on Colombo Telegraph.
- The Paris Club, Dollar Debt Colonialism & Asia’s New “Donors”: Reforming The International Aid A... (Category: Breaking News)
- Masks Of Democracy & Energy Geopolitics: Is Full Spectrum Dominance The Endgame? (Category: Breaking News)
- ‘Make The Economy Scream’: Whither The Asian 21st Century? (Category: Breaking News)
- IMF, Sri Lanka’s Resource Curse & Privatization Of The Central Bank (Category: Breaking News)
Sri Lanka's rice production has dropped by around 40 percent due to fertilizer ban.
- Government land policy is fair- Keheliya (Category: Breaking News)
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
Sri Lanka is facing food shortage due to President Rajapaksa's fertilizer ban and dollar shortage
- Sri Lanka to import 50,000MT of rice under Indian credit line signed in March (Category: Breaking News)
- Sri Lanka to write off small-time farmers’ debt 100 percent (Category: Breaking News)
- Sri Lanka must rebuild agriculture sector immediately to prevent food shortages: PM (Category: Breaking News)
- Amid food shortage fears, Sri Lanka president orders to cultivate in underutilized plantation la... (Category: Breaking News)
Sri Lanka's rubber products can grow up to 30% in US dollar revenue if uninterrupted power supply ensured
- Trading Monday (Category: Business)
- Opportunity to export goods to Africa (Category: Breaking News)
- Ministry takes steps to increase production of rubber (Category: Business)
- Trade Gap (Category: Business)
Central bank has run out of reserves and is guidance rate
- Sri Lanka central bank busts US$9.8bn since Feb 2020 to suppress rates, for stimulus (Category: Breaking News)
- Sri Lanka central bank US$4.0bn in debt by March 2022 (Category: Breaking News)
- Sri Lanka rates elevated amid failed float and DDR fears (Category: Breaking News)
- Sri Lanka’s central bank largely loses ability to create BOP deficits (Category: Breaking News)
The Government is targeting US $5bn this year for repayments, plus a further US $1bn to bolster the country’s reserves, Prime Minister Ranil Wickremesinghe said today. The Prime Minister, during a meeting today with representatives from the Joint Chambers, elaborated that discussions with the IMF are proceeding and he was hopeful that negotiations would conclude […]
- SJB rejects interim administration under GR (Category: Breaking News)
- Prime Minister refuses to step down (Category: Breaking News)
- Curfew and emergency law declared (Category: Breaking News)
- Ranil takes oaths as Finance Minister (Category: Breaking News)
[…]The post Changing Pillows To Cure Headaches: Politicians—Constitutional Amendment Mess appeared first on Colombo Telegraph.
- Immediate Governmental Actions Needed (Category: Breaking News)
- Lack Of Accountability, Ability & Credibility (Category: Breaking News)
- Debt Trap, Lack Of Accountability & Blunders (Category: Breaking News)
- The First Step Of Aragalaya Is Completed: What Is Next? (Category: Breaking News)
"It's okay to criticise us, but we ask that you do not discourage farmers from growing," he said.
- Sri Lanka to introduce anti-hoarding laws for food stocks – PM (Category: Breaking News)
- Crisis-hit Sri Lanka to supply fertilizer at 25-pct cost amid looming food shortage (Category: Breaking News)
- Sri Lanka farmers in record Yala rice cultivation of 512,000 hectares: Minister (Category: Breaking News)
- World Bank to grant $110 mln loan to crisis-hit Sri Lanka for fertilizer import – Minister (Category: Breaking News)
France has gifted Sri Lanka anesthetics and respiratory medications worth 300,000 Euros
- Higher Marks (Category: Business)
- Sri Lanka's new cabinet takes oath (Category: Breaking News)
- Sri Lanka's new cabinet takes oath (Category: Breaking News)
- Sri Lanka's new cabinet takes oath (Category: Breaking News)
Police has discovered hoarding of fuel worth 20.5 million rupees in the past few days.
- Mobile app nets in around 2000 vehicles topping up fuel more than once (Category: Breaking News)
- Sri Lanka president asks to crackdown black market fuel dealers (Category: Breaking News)
- Robinhood: What you need to know about the app at the center of the GameStop drama - CNET (Category: Technology)
- Robinhood: What you need to know about the app at the center of the GameStop drama - CNET (Category: Technology)
They brought the proposal (in 2020) that Financial Advisors have to be appointed to make debt sustainable.
- IMF says “require adequate assurances” on Sri Lanka’s debt sustainability restoration (Category: Breaking News)
- IMF team in Sri Lanka policy talks on program from August 24 (Category: Breaking News)
- Sri Lanka IMF discuss macro-fiscal plan, Finance Minister needed for policy sign-off (Category: Breaking News)
- CBSL governor hopeful Sri Lanka can achieve debt sustainability before IMF dates (Category: Breaking News)
“What the international community is looking for is long-term policy credibility and sustainability."
- Sri Lanka’s business mogul Dhammika Perera attempts to bring hope after govt failures (Category: Breaking News)
- EXPLAINER – Sri Lanka people’s hopes fade as monetary stability eludes new PM (Category: Breaking News)
- IMF says talks with Sri Lanka make significant policy progress (Category: Breaking News)
- Crisis-hit Sri Lanka’s interim budget aims ambitious revenue, debt cut targets (Category: Breaking News)
The United Nations (UN) has assured assistance to Sri Lanka in addressing the current economic challenges. Foreign Minister Prof. G. L. Peiris met the UN Resident Coordinator in Colombo, Hanaa Singer- Hamdy to discuss multiple impacts arising out of the current economic situation in the country such as supply of essential items, concerns regarding food […]
- Chinese support sought to mitigate economic challenges in Sri Lanka (Category: Breaking News)
- Central mechanism to be established to streamline requests for assistance (Category: Breaking News)
- Sri Lanka looks to enhance ties with Russia (Category: Breaking News)
- Sri Lanka concludes bilateral consultations with Japan (Category: Breaking News)
Experts say, “The lack of cooperation by Beijing would complicate the debt recovery journey of Sri Lanka”. The magnitude of the economic crisis that Sri Lanka is facing has reached catastrophic proportions. The whole world is astounded by the rampant mismanagement beyond the comprehension of anybody. Once an economic model of Asia, is now reeling […]
- China cautions Sri Lanka on IMF deal (Category: Breaking News)
- India slams Chinese envoy in Sri Lanka (Category: Breaking News)
- Is China playing with Sri Lanka’s bid to secure an IMF loan? (Category: Breaking News)
- China assures continued support to Sri Lanka (Category: Breaking News)
Motorists around the country have queued for fuel, but the government was unable to supply.
- Sri Lanka stocks fall after fuel price hike (Category: Breaking News)
- Sri Lanka stocks down on fuel price hike, CB chief’s worst growth comment (Category: Breaking News)
- Amid long fuel queues, over 100 arrested in Sri Lanka for hoarding (Category: Breaking News)
- Sri Lanka shares slump to one-month low; foreigners exit after PM’s cautioning (Category: Breaking News)
Cabraal kept the exchange rate artificially steady while spending reserves for foreign debt repayment.
- Govt. may stop supplying dollars (Category: Breaking News)
- SL’s defence cost only US 5.5bln dollars (Category: Breaking News)
- Cost of Sri Lanka's war a vital investment, Governor of Central Bank says (Category: Breaking News)
- Sri Lankas international sovereign bond oversubscribed CB govenor (Category: Breaking News)
Cabraal has been prevented leaving the country from April 7
- President pays last respects to Central Bank Governor's mother (Category: Breaking News)
- President pays last respects to Central Bank Governor’s mother (Category: Breaking News)
- I'm not bother on Ranil's statement: Central Bank Governor (Category: Breaking News)
- ‘Now is the time to invest in Sri Lanka' (Category: Breaking News)
Forex shortage disrupt energy supplies to industries
- Sri Lanka exports up 10-pct up to August 2022 (Category: Breaking News)
- Sri Lanka exports rise 20-pct in June 2022 amid forex shortages (Category: Breaking News)
- Sri Lanka exports up 9-pct in May 2022, US up 25-pct, India 49-pct (Category: Breaking News)
- Sri Lanka exports grows 11-pct up to September 2022 (Category: Breaking News)
[…]The post A Cabinet Of Patriotic Opportunists appeared first on Colombo Telegraph.
- Economic Realities & Political Promises (Category: Breaking News)
- Ranil’s Post-IMF Challenge (Category: Breaking News)
- Parliament Of Monkeys (Category: Breaking News)
- Muslim Politics & National Crises (Category: Breaking News)
The new government yet come up with some concrete steps to come out of Sri Lanka's unprecedented economic crisis
- Sri Lanka’s NTB profits down 12-pct in March quarter (Category: Breaking News)
- Sri Lanka’s People’s Leasing net down 37-pct in March (Category: Breaking News)
- Sri Lanka’s Haycarb March net up on forex gains (Category: Breaking News)
- Sri Lanka sells Rs80bn in mostly 3-month bills, down 18bp (Category: Breaking News)
The banned stations are in Makola South, Naalla, Pethiyagodda and Mirigama.
- Gas muzzlers (Category: Technology)
- Why 'feed' a car? (Category: Technology)
- 'Miracle material' (Category: Technology)
- Gas Only (Category: Business)
Sri Lanka sees long queues for fuel around the country
- Sri Lanka’s NTB profits down 12-pct in March quarter (Category: Breaking News)
- Sri Lanka’s People’s Leasing net down 37-pct in March (Category: Breaking News)
- Sri Lanka’s Haycarb March net up on forex gains (Category: Breaking News)
- Sri Lanka sells Rs80bn in mostly 3-month bills, down 18bp (Category: Breaking News)
Russia’s invasion of Ukraine could cause global food shortages in the coming months, the UN has warned. Secretary-General Antonio Guterres said the war had worsened food insecurity in poorer nations due to rising prices. The world could face famines that last for years if Ukrainian exports are not restored to pre-war levels, he added. The […]
- EU blames Russia for food crisis prompting walkout (Category: Breaking News)
- Russia denies it plans to declare war on 9 May (Category: Breaking News)
- EU awards Ukraine and Moldova candidate status (Category: Breaking News)
- Somalia’s new president elected by 327 people (Category: Breaking News)
People have started street protests demanding cooking gas from the government.
- Sri Lanka PM asks COPE to summon Litro Gas officials over distribution delay (Category: Breaking News)
- Sri Lanka’s Litro Gas acquires 100,000MT of LP gas using World Bank funds (Category: Breaking News)
- Sri Lanka’s state-run Litro Gas to settle World Bank loan by December (Category: Breaking News)
- Sri Lanka’s sate-run Litro Gas chairman Vijitha Herath resigns (Category: Breaking News)
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