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- onlanka.com - Category : Breaking News - Relavancy : 0.15094624

Fuel prices in Sri Lanka will be reduced from midnight today (March 29).The post Fuel prices reduced in Sri Lanka appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.

- onlanka.com - Category : Breaking News - Relavancy : 0.13207796

Sri Lanka's Cabinet has given the green light to award licences to China’s Sinopec, Australia’s United Petroleum and RM Parks of the USA, in collaboration with multinational oil and gas company - Shell plc to enter the Fuel Retail market in Sri Lanka.The post Cabinet approval granted for 03 foreign companies in China, Australia, USA to enter Sri Lanka’s fuel market appeared first on Sri Lank...

- onlanka.com - Category : Breaking News - Relavancy : 0.043574426

Sri Lankan President Ranil Wickremesinghe emphasized during an interview organized by Harvard University on the 24th, through Zoom technology, that Sri Lanka’s access to the growing Indian and African markets should not be disrupted by any big power rivalry or conflictThe post Sri Lanka’s access to growing Indian & African markets cannot be disrupted – President Ranil appeared fir...

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.046217658

[…]The post Still On The Rotten Bridge  appeared first on Colombo Telegraph.

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- colombotelegraph.com - Category : Breaking News - Relavancy : 0.06603898

[…]The post IMF Deal Is Not A Solution – Restart Decisive Struggle Against Government Attacks! appeared first on Colombo Telegraph.

- onlanka.com - Category : Breaking News - Relavancy : 0.26034158

The International Monetary Fund (IMF) bailout will help bring Sri Lanka’s depleted foreign exchange reserve to pre-crisis levels in four years, said the country’s central bank governor.The post With IMF bailout, Sri Lanka will have healthy dollar reserves in 4 years – Central Bank Governor

- colombogazette.com - Category : Breaking News - Relavancy : 0.043574426

Five Sri Lankan Tamil asylum seekers who attempted suicide on the British-held Indian Ocean island of Diego Garcia have been sent to Rwanda for medical treatment, The New Humanitarian has learned. The news follows a recent backlash against the British government’s immigration deterrence policies and a scandal that involved 200 unaccompanied minors who went missing […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.046217658

President Ranil Wickremesinghe urged the Opposition to unite and disregard political differences to assist in carrying out the agreement with the International Monetary Fund (IMF). The President emphasized that his duty is not to condemn previous administrations but to concentrate on the development of the country. He also declared his dedication to constructing a better […]

- onlanka.com - Category : Breaking News - Relavancy : 0.092435315

Cash-strapped Sri Lanka is seeking a 10-year moratorium on its foreign debt, President Ranil Wickremesinghe’s office said yesterday (March 20) on the eve of a desperately needed US $ 2.9 billion International Monetary Fund (IMF) bailout.The post Sri Lanka seeks 10-year debt moratorium appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.

- colombogazette.com - Category : Breaking News - Relavancy : 0.06536164

Significant human rights abuses were recorded in Sri Lanka in 2022, the US State Department said in its annual Country Reports on Human Rights Practices released by US Secretary of State Antony J. Blinken. The 2022  Country Reports on Human Rights Practices noted there were reports that members of the security forces, primarily police, committed […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.1525105

India says under its ‘Neighbourhood First’ policy it has always come forward to help debt-ridden Sri Lanka, and in the latest instance New Delhi has distributed rations in Kalmunai. Taking to Twitter, the High Commission of India in Colombo said, “Support by @IndiainSL to needy sections continues!! Glimpses of ration distribution in Kalmunai.” The cash-strapped […]

- onlanka.com - Category : Breaking News - Relavancy : 0.325427

Sri Lanka’s economy shrank 7.8% in 2022 from the previous year, government data showed on Wednesday, as the country struggled with its worst financial crisis in more than seven decades.The post Sri Lanka’s Economy suffers worst contraction in 2022 appeared first on Sri Lanka News

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.07547312

[…]The post Role Of Professionals In Achieving Our Economic Recovery  appeared first on Colombo Telegraph.

- onlanka.com - Category : Breaking News - Relavancy : 0.07702943

Sri Lanka needs institutional reforms in order to achieve long-term debt sustainability, said Steve Hanke, who played a key role in establishing new currency regimes in emerging markets like Argentina and Montenegro.The post Sri Lanka needs institutional changes for long-term debt sustainability, expert says appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.

- island.lk - Category : Breaking News - Relavancy : 0.325427

India had helped Sri Lanka more than any other country, especially, Sri Lanka’s Foreign Minister Ali Sabry said during Raisina Dialogue ‘Ideas Pod.’ While the Indian government took some bold decisions to help Sri Lanka face its economic crisis, even the Indian public came forward to support Sri

- onlanka.com - Category : Breaking News - Relavancy : 0.15094624

The weekly top-up day of The National Fuel Pass (NFP) quota will be changed to Tuesdays instead of Sundays effective from today (March 08), Power and Energy Minister Kanchana Wijesekera said today.The post National Fuel Pass Quota to be topped up every Tuesday midnight appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.

- onlanka.com - Category : Breaking News - Relavancy : 0.06536164

The International Monetary Fund (IMF) on Tuesday said Sri Lanka had secured financing assurances from all its major bilateral creditors, paving the way for the IMF board to consider approval of a long-awaited $2.9 billion four-year bailout.The post IMF board poised to approve $2.9 billion Sri Lanka bailout appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.

- colombogazette.com - Category : Breaking News - Relavancy : 0.09339323

In a major breakthrough, Sri Lanka has received a financial assurance letter from the Exim Bank of China and the letter of agreement has been sent to the International Monetary Fund (IMF). President Ranil Wickremesinghe told Parliament that he received the financial assurance letter from the Exim Bank of China last night and he and […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.09339323

[…]The post President Ranil Wickremesinghe’s Special Statement – Full Text appeared first on Colombo Telegraph.

- onlanka.com - Category : Breaking News - Relavancy : 0.06536164

Sri Lanka President Ranil Wickremesinghe has announced that a foundation is presently being established to advance Sri Lanka’s economy to a global level over the next five years by implementing green economic policies.The post Sri Lanka President emphasizes the need for an urgent transition to a green economy appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.

- island.lk - Category : Breaking News - Relavancy : 0.325427

Half of families in Sri Lanka are forced to reduce the amount they feed their children, according to a survey by Save the Children, as the country’s economic downturn spirals further into a full-blown hunger crisis nearly a year after the government defaulted on its debt.The government

- colombogazette.com - Category : Breaking News - Relavancy : 3.17396

By Y P Prakash Sri Lanka is a nation that has been plagued by political instability in recent years. The country has faced several political and economic crises, and there are concerns that it may plunge back into turmoil in early 2023. The postponement of the local government elections scheduled for early 2023 has raised […]

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- island.lk - Category : Breaking News - Relavancy : 0.054468032

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 high on the hog at the expense […]

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- colombogazette.com - Category : Breaking News - Relavancy : 0.054468032

Hatch has joined forces with Draper Startup House to unveil Colombo’s first-ever co-living space. The space marks the first phase of Hatch’s strategic partnership with Draper Startup House, and was officially opened by Silicon Valley billionaire investor Tim Draper during his recent visit to Sri Lanka. Through this initiative, Hatch serves to encourage digital nomad […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.047170702

[…]The post Sri Lanka’s Two Challenges: Economic Recovery & Political Devolution  appeared first on Colombo Telegraph.

- onlanka.com - Category : Breaking News - Relavancy : 0.08714885

Sri Lanka’s tea production is expected to fully recover next year after last year’s drop, the country’s Environment Minister Naseer Ahamed said.The post Sri Lanka tea industry to fully recover next year, says minister appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.

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- colombogazette.com - Category : Breaking News - Relavancy : 3.17396

By Noah Berman A wave of darkness engulfed Pakistan on January 24 as its aging power grid strained to meet the country’s demand for electricity. The massive outage was the latest in a series of blackouts that have become a chronic symptom of Pakistan’s ailing and climate-vulnerable economy, under duress from devastating natural disasters, a colossal […]

- island.lk - Category : Breaking News - Relavancy : 0.1742977

Sri Lanka has secured Japanese assistance to run government hospitals. The Japanese Ambassador Mizukoshi Hideaki yesterday (22) signed an Exchange of Notes, with the Secretary to the Treasury, Mahinda Siriwardana, at the Presidential Secretariat. for a humanitarian grant assistance of USD 46 million in providing diesel fuel for public hospitals, across the country, Earlier, China provided […...

- colombogazette.com - Category : Breaking News - Relavancy : 0.08714885

A humanitarian grant of USD 46 million has been granted from Japan to Sri Lanka. Secretary to the Ministry of Finance Mahinda Siriwardena and MIZUKOSHI Hideaki, the Ambassador of Japan, signed an Exchange of Notes to secure the humanitarian grant of USD 46 million. The purpose of the grant is to provide diesel to public […]

- onlanka.com - Category : Breaking News - Relavancy : 0.08714885

Japan has provided a humanitarian grant of USD 46 million to provide diesel fuel to public hospitals throughout Sri Lanka.The post Japan Grants USD 46 Million to Provide Diesel for Sri Lanka’s Hospitals appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.

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