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[…]The post Capitalism On Life Support: Planetary Bounds To Market-Lead Growth appeared first on Colombo Telegraph.
- Ranil’s Strategic Manoeuvres: But Global Capitalism Is At A Tipping Point (Category: Breaking News)
- Forget The politicians & Their Bureaucrats, This Is Why We The Public, Need To Understand Climat... (Category: Breaking News)
- The Partnership Between NPP & JVP Must Be Emboldened (Category: Breaking News)
- A Meteor Shower Of Novel Terms (Category: Breaking News)
By Chani Imbulgoda “We suffer today, because leaders in the past have failed to govern this country properly”. Oh, the predecessor has not done things well, they all have let the place go haywire”. Familiar excuses… When one takes over the leadership be it the country, be it an organisation, or be it a new […]
- No second chance for Sri Lanka, says CB Governor (Category: Breaking News)
- Tactful Diplomacy Will Bring Durable Solution (Category: Breaking News)
- Lanka’s ‘Royal’ mess explained by old boy (Category: Breaking News)
- Urgent Lessons for Sri Lanka – 2022 (Category: Breaking News)
[…]The post Political Robber Barons Fear The Rejuvenated ‘Aragala’ Spirit! appeared first on Colombo Telegraph.
- Politics & Death Of Sanath Nishantha: Some Sombre Lessons & Reflections (Category: Breaking News)
- Calm Before The Storm! Aragalaya -’22 Has Rested Enough!!! (Category: Breaking News)
- Evaluation Of Aragalaya (Category: Breaking News)
- With Impunity Remaining Normalised, What Hope For Sri Lanka? (Category: Breaking News)
The apparel sector stands to lose USD 494 million if Sri Lanka loses the GSP plus trade concession offered by the European Union. Secretary General of the Joint Apparel Association Forum Sri Lanka, Yohan Lawrence, said that with the current GSP+ regulation set to expire by the end of 2023, it is imperative that Sri […]
- Apparel sector want trade deals that suit Sri Lanka (Category: Breaking News)
- Sri Lanka Loses GSP+ (Category: Breaking News)
- EU Subsidy cut has had little impact on Sri Lankan garments - Government officials (Category: Breaking News)
- HRW says Sri Lanka failed to meet obligations linked to GSP+ scheme (Category: Breaking News)
The Monetary Board of the Central Bank of Sri Lanka decided to reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank by 250 basis points to 13.00 per cent and 14.00 per cent, respectively, CBSL said in a statement on Thursday. The decision was taken at […]
- Sri Lanka s central bank expect inflation to drop to 7% in July (Category: Breaking News)
- High interest rates have prevented contraction of economy – CBSL Governor (Category: Breaking News)
- Policy interest rates reduced to enable economy to reach its true potential – CBSL Governor (Category: Breaking News)
- CBSL issues clarification on composition of Governing Board Monetary Board (Category: Breaking News)
The Central Bank of Sri Lanka has relaxed its monetary policy stance in line with the faster than expected slowing of inflation. The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 31 May 2023, decided to reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate […]
- Central Bank of Sri Lanka further reduces policy interest rates (Category: Breaking News)
- CBSL’s decision to raise policy rates in line with IMF expectations (Category: Breaking News)
- Central Bank of Sri Lanka further reduces policy interest rates (Category: Breaking News)
- Central Bank of Sri Lanka decides to maintain policy rates (Category: Breaking News)
India has done more for Sri Lanka than the International Monetary Fund (IMF), Union Minister for External Affairs Dr S Jaishankar, has told the Indian Express. The IE story, filed from Ahmedabad, said: The Modi government, he [Jaishankar] underlined, is working on developing an “extended neighbourhood” that involves islands in the Indian Ocean, Gulf countries and […]
- JVP Leader in India on invitation extended by Indian government (Category: Breaking News)
- India assures continued support for SL at Creditors’ Committee along with Japan and Paris Club (Category: Breaking News)
- Chinese ship visit: Sabry contradicts Defence Ministry (Category: Breaking News)
- Asian Century will not happen if China and India could not join hands – Jaishankar (Category: Breaking News)
[…]The post IMF Bailout: Will Enforced Austerity Lead To A Fascist Government? appeared first on Colombo Telegraph.
- Target 2048 – Social Market Economy Ideology Need Be Clarified & Signed Off (Category: Breaking News)
- Child’s Guide To How Ranilnomics Should Be Designed & Implemented (Category: Breaking News)
- Debt Restructuring, Austerity, & The IMF: A Solution Or A Worsening Of The Problem? (Category: Breaking News)
- Without A Code Of Ethics & Principles Of morality, No Meaning In Social Market Economy (Category: Breaking News)
India has done more for Sri Lanka than the International Monetary Fund (IMF), Union Minister for External Affairs Dr S Jaishankar said. The Modi Government, he underlined, is working on developing an “extended neighbourhood” that involves islands in the Indian Ocean, Gulf countries and nations in South-East Asia. “What we are also trying to do […]
- India, Sri Lanka passenger ferry service launched after 40 years (Category: Breaking News)
- Modi says India greatly sensitive to Sri Lanka’s needs (Category: Breaking News)
- India’s prudence towards Sri Lanka further consolidates the “neighbourhood first” policy of Prim... (Category: Breaking News)
- Sri Lankan born pioneer of location-tracking technology in King’s honours list (Category: Breaking News)
India has done more for Sri Lanka than the International Monetary Fund (IMF), Union Minister for External Affairs Dr. S. Jaishankar stressed on Saturday.The post India did more for Sri Lanka than IMF – Jaishankar appeared first on ONLANKA News - Sri Lanka Latest Breaking News and Live Updates - Sri Lanka News.
- Jaishankar conveys India’s commitment to increase investment flows to Sri Lanka to hasten econom... (Category: Breaking News)
- India exceptional in helping neighbourhood including Sri Lanka (Category: Breaking News)
- India has done its best to assist Sri Lanka – Jaishankar (Category: Breaking News)
- Sri Lanka’s creditors must take proactive steps to facilitate its recovery: Jaishankar (Category: Breaking News)
[…]The post Mythological “Jeromism” & Misleading Religious Formula appeared first on Colombo Telegraph.
- A Father For The Homeless & A Priest Of The Helpless (Category: Breaking News)
- Weaponising Of The Law (Category: Breaking News)
- Is Sri Lanka A Buddhist Country? – A Critical Reflection Of Sri Lankan Buddhism (Category: Breaking News)
- Politics Of Addiction (Category: Breaking News)
tourists in 2023 for crisis-hit economy appeared first on Sri Lanka Breaking News and Top Headlines ...
- Sri Lanka looks to adventure travel to attract ‘quality’ tourists and help rebuild economy (Category: Breaking News)
- Indian cruise ship to launch operations to Sri Lanka (Category: Breaking News)
- Analysis: A year later, Sri Lanka’s tentative economic recovery eludes the poor (Category: Breaking News)
- Tourist arrivals in Sri Lanka cross 200,000 in December (Category: Breaking News)
Australia’s Defence Force is set to forge closer military ties with Sri Lanka and other countries in the north-east Indian Ocean, as the federal government weighs human rights concerns against urgent regional security fears. Following the new Defence Strategic Review, published in abridged declassified form last week, the government is preparing to expand the longstanding […]
- US, Australia focus on maintaining free, open Indo-Pacific with eye on China (Category: Breaking News)
- Have China’s Pacific ambitions been thwarted? (Category: Breaking News)
- US Deputy Secretary of Defense to speak at Galle Dialogue (Category: Business)
- India bolsters military and economic ties with the US and Europe amidst China’s aggression in In... (Category: Breaking News)
Friday 5th May, 2023 The Vesak Full Moon Poya Day falls today. It is usually celebrated on a grand scale in this country, but this time around there has been a noticeable decline in festivity owing to the prevailing economic crisis. Pandols and danselas, where food and beverages are given away, are few and far […]
- Highest vegetable prices in recent history recorded today (Category: Breaking News)
- Some teachers bid adieu to sari (Category: Breaking News)
- Untapped power of consumers (Category: Breaking News)
- Greedy bakers (Category: Breaking News)
Adventure tourism is playing a key role in helping Sri Lanka rebuild its economy after a turbulent few years for the South Asian nation.The post Sri Lanka looks to adventure travel to attract ‘quality’ tourists and help rebuild economy appeared first on Sri Lanka Breaking News and Top
- Sri Lanka looks to adventure travel to attract quality tourists and help rebuild economy (Category: Breaking News)
- Sri Lanka approves visa-free entry for tourists from 07 countries (Category: Breaking News)
- Driving Adventure (Category: Business)
- Sri Lanka Tourism ready for tourists (Category: Breaking News)
Sri Lanka President Ranil Wickremesinghe addressed the United National Party (UNP) May Day celebrations held at the Sugathadasa Indoor Stadium in Colombo yesterday (May 01) through video technology.The post Sri Lanka President says Let 2048 be the year of development for Sri Lanka appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA News.
- Government’s objective is to develop Sri Lanka as a thriving nation by 2048 (Category: Breaking News)
- Let us collectively join hands to make 2048 the year of development in Sri Lanka – President (Category: Breaking News)
- President to intensify focus on national unity, youth aspirations (Category: Breaking News)
- Elections will be held in accordance with the Constitution, Presidential poll in 2024 – President (Category: Breaking News)
[…]The post Preparing The Ground For Early Elections appeared first on Colombo Telegraph.
- New Mandates Before New Amendments (Category: Breaking News)
- Preparing Or Posturing For Elections? (Category: Breaking News)
- President Needs Trust To Succeed In Problem Solving (Category: Breaking News)
- Speeding Up Recovery Requires Consistency (Category: Breaking News)
Tuesday 2nd May, 2023 Another May Day has come and gone. The organisers of the International Workers’ Day celebrations, in this country, rarely mention the Haymarket Riot in Chicago (1886), and benefits that accrued therefrom to workers the world over, much less commemorate the brave workers who have laid down their lives in the US […]
- Where are workers? (Category: Breaking News)
- Unions in govt.’s crosshairs (Category: Breaking News)
- Minister emphasises importance of occupational safety (Category: Breaking News)
- Rs. 1,700 minimum wage for estate workers: Govt. claims win in first round (Category: Breaking News)
By Sanath Nanayakkare Sri Lanka, while pursuing the macro-fiscal adjustment programme, under the IMF’s Extended Fund Facility arrangement, should focus on two key national issues concurrently, President Ranil Wickremesinghe said yesterday. “If the country is to achieve economic growth and share the dividends of prosperity among all its people, we need to focus on two […]
- UNP urges agreement on policies to remain in place for 25 years (Category: Breaking News)
- Ranil: SJB has abandoned UNP vision (Category: Breaking News)
- Culprits as investigators (Category: Breaking News)
- Hope springs eternal … (Category: Breaking News)
By Jehan Perera The second round of reducing the prices of a variety of fuels (2 percent for ordinary petrol to 29 percent for super diesel used by luxury vehicles) is an indication that the government is seeking to improve its support base amongst the better off sections of the population. This could be to […]
- Democracy requires elections in good times and bad (Category: Breaking News)
- Rebuild trust with people to revive economy (Category: Breaking News)
- PAFFREL: Ranil offers to strengthen PCs, having postponed elections to them (Category: Breaking News)
- Preparing The Ground For Early Elections (Category: Breaking News)
[…]The post Is It 1848 Again? Unrest This Time Is Global appeared first on Colombo Telegraph.
- Vladimir Putin, Xi Jinping & Joe Biden (Category: Breaking News)
- Waiting For Godot: Can Some Developing Nations Unite & Transform The Planet? (Category: Breaking News)
- Gathering Storms Cloud On The Horizon; Military, Political, Strategic & Economic Uncertainties A... (Category: Breaking News)
- Snivelling Won’t Combat Corruption; Are We Waiting For Sri Lanka’s Nelson Mandela? (Category: Breaking News)
Sri Lanka's key inflation rate eased to 35.3% in April from 50.3% in March, the statistics department said on Friday, a sign of relief for the crisis-battered economy.The post Sri Lanka’s key inflation rate eases to 35.3% in April appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA News.
- Sri Lanka unexpectedly cuts rates by 250 bps as inflation eases (Category: Breaking News)
- Sri Lanka’s key inflation rate eases to 25.2% in May (Category: Breaking News)
- Sri Lanka’s key inflation rate eases to 4% in August (Category: Breaking News)
- Sri Lanka’s April inflation climbs to 2.7%, up from March’s 2.5% (Category: Breaking News)
Sri Lanka's economy is expected to shrink by 2% in 2023, its central bank said in an annual report on Thursday, as the country struggled to emerge from its worst financial crisis in decades.The post Sri Lanka’s economy to shrink by 2% in 2023, Central Bank says appeared first on Sri Lanka
- Sri Lanka economy could shrink by -3.5% to -4%, president says (Category: Breaking News)
- Sajith claims VAT hike will shrink economy (Category: Breaking News)
- Sri Lanka economy to shrink over 8-pct in 2022, inflation may peak below 70-pct: CB chief (Category: Breaking News)
- Sri Lanka fixed wireless users shrink, broadband up (Category: Breaking News)
The Government is to consider restructuring Sri Lanka’s domestic debt, but a final decision is yet to be taken, President Ranil Wickremesinghe told Parliament today. He said that all aspects will be looked into when restructuring Sri Lanka’s domestic debt. “Some banks are saying they will not be able to face this. Then they must […]
- Sri Lanka Government hoping to restructure $17 billion foreign debts along with local debts (Category: Breaking News)
- Sri Lanka virtually let down by China in securing a $2.9 billion IMF loan in December (Category: Breaking News)
- President urges China to change tune on debt (Category: Breaking News)
- Fitch downgrades Sri Lanka’s long-term local-currency IDR to ‘CC’ (Category: Breaking News)
Economists sharply cut Sri Lanka’s growth outlook through this year as curbs on imports and still-limited reserves persist even as the International Monetary Fund releases bailout loans and authorities work toward debt restructuring efforts.The post Sri Lanka GDP outlook slashed as economy
- 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)
- Japanese giant Mitsubishi Corporation to wind up operations in Sri Lanka (Category: Breaking News)
- Economist Amal Sanderatne falls to death from apartment complex in Colombo (Category: Breaking News)
[…]The post Moral Justification For Protests To Continue appeared first on Colombo Telegraph.
- People Called On To Play Direct Role To Sustain Democracy (Category: Breaking News)
- The Courts Would Be The Better Option For Undemocratic Actions To Be Contested (Category: Breaking News)
- Criminalising Public Protest Will Only Delay The Inevitable (Category: Breaking News)
- From Demand For Systems Change To Systems Break (Category: Breaking News)
Can electricity prices be reduced? By Dr Tilak Siyambalapitiya The answer to the question in the title of this article is in the affirmative. I explained in The Island of January 2023 [https://island.lk/the-correct-method-of-costing-electricity/] the correct method of costing electricity supply. In January, the Public Utilities Commission (PUC) announced the costs submitted by the two distributors...
- Now is payback time (Category: Breaking News)
- The correct method of costing electricity (Category: Breaking News)
- What PUCSL and CEB did not disclose (Category: Breaking News)
- Another electricity tariff hike: Is there no option for Sri Lanka? (Category: Breaking News)
The Asian Development Bank is considering more concessionary funding for Sri Lanka and support for green bond issues as part of its assistance to help the South Asian nation recover from its worst economic crisis in decades.The post Asian Development Bank eyeing cheaper funds for Sri Lanka, green bond support appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- ADB to disburse US$ 203 Million emergency loan to support Sri Lanka’s poor and vulnerable (Category: Breaking News)
- ADB approves $100 million loan to support SMEs in Sri Lanka (Category: Breaking News)
- Sri Lanka shows signs of recovery but must maintain reform momentum: ADB (Category: Breaking News)
- Sri Lanka crisis: President meets ADB officials on areas of cooperation (Category: Breaking News)
Tuesday 11thApril, 2023 Parliament security personnel have recently undergone a special training in countering possible threats of chemical attacks, according to media reports. Proper threat assessment and the anticipation of possible attacks go a long way towards protecting vulnerable targets. In this day and age, everything can be weaponised; anything is possible and therefore nothing […]
- Three-day parliamentary debate on Easter attacks begins today (Category: Breaking News)
- Proposal to set up PSC to probe Channel 4 allegations before House on 17 Oct. (Category: Breaking News)
- Eran asks PM to inform Parliament of progress in probe into C-4 allegations (Category: Breaking News)
- Placards condemning govt. found inside parliament (Category: Breaking News)
[…]The post Sri Lanka To Take Draconian Steps To Curb Dissent Through Anti-Terrorism Bill appeared first on Colombo Telegraph.
- Anti-Terrorism Act Is ‘State Terrorism’ In Sheep’s Clothing (Category: Breaking News)
- What Is To Be Done? – Anura Kumara Dissanayake (Category: Breaking News)
- Sovereign People, Legal Despotism & Aragalaya (Category: Breaking News)
- Counter Terrorism Bill To Create A Security State; Impacting On Rights (Category: Breaking News)
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