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Bankrupt Sri Lanka is caught up in a China-US battle. The situation has been further complicated by India, Japan and Australia becoming part of the US-led military alliance meant to counter China. The US-led grouping is hell-bent on enhancing its influence in Colombo as both parties woo lawmakers. Recent declaration by the ruling party that […]
[…]The post Lack of Common Sense Of A Time-Expired President appeared first on Colombo Telegraph.
The former PM also said that the shooting will not deter him from continuing a protest march towards the capital (Al Jazeera) Former Pakistan Prime Minister Imran Khan has accused his successor of involvement in a plot to kill him as he recovered in hospital from gunshot wounds following an assassination attempt.Khan told reporters on Friday […]
[…]The post UK’s Bumpy Fall, Change Of Guard & Lessons Beyond! appeared first on Colombo Telegraph.
By SHIHAR ANEEZ Leaving his family and relatives was the hardest decision for Suren. But he had no other option.He never wanted to go abroad for work. An accountant by profession, Suren even had the opportunity to be promoted for a higher post at the private firm he was working at in Colombo. But he was […]
Leaving his family and relatives was the hardest decision for Suren. But he had no other option.The post Sri Lankans migrate, work over time, eat less to beat inflation appeared first on EconomyNext.
Bangladesh has stated that it would be hopeful Sri Lanka could pay back the $200 million debt that it owes to the country by March 2023, said a news report published by BD News 24, an English and Bengali language news website of Bangladesh. The report said: Abdur Rouf Talukder, Governor of Bangladesh Bank, provided […]
Bangladesh is hopeful that Sri Lanka will repay the debt of $200 million that it owes to the country by March 2023.The post Bangladesh hopeful Sri Lanka will repay debt of $200 Million by March 2023 appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Bangladesh is hopeful that Sri Lanka will repay the debt of $200 million that it owes to the country by March 2023. Abdur Rouf Talukder, Governor of Bangladesh Bank, provided a positive outlook on the matter after a meeting with his Sri Lankan counterpart Nandalal Weerasinghe in the United States. The central bank chief travelled […]
Effective income taxes for some categories have been raised to around 29% from 8% earlier - analysts
[…]The post Sri Lanka’s Past Is Prologue For China appeared first on Colombo Telegraph.
Sri Lanka sees toughest UNHRC resolution after continuous failure to address human rights
By Norman Palihawadane Colombo Archbishop Malcolm Cardinal Ranjith has warned that the prevailing economic crisis and increasing unemployment and food prices are accelerating malnutrition among hundred thousands of families countrywide. Addressing a ceremony at the annual get-together of the Archdiocesan Family Apostolate Service held at St Peter’s College Auditorium in Colombo, the Archbishop sai...
Investor sentiment has turned buoyant after IMF comments
Shares have been on the rise mainly on positive sentiment after the IMF comments.
Market sees over 600 million rupees of net foreign inflow
Market saw net foreign inflow for the 18th session in the last 21.
[…]The post Government-Sponsored Terrorism In Sri Lanka appeared first on Colombo Telegraph.
USAID Administrator Samantha Power today announced an additional $40 million in development assistance to Sri Lanka to help farmers purchase fertilizer and other vital agricultural inputs. Power, who is currently in Sri Lanka, made the announcement after meeting farmers and discussing their issues. This assistance will support Sri Lankans as they come out of a […]
Market has seen 5.52 billion in foreign outflow in last 19 sessions
Market sees continuous net foreign buying in the last 10 sessions
Day's turnover hits over 7-month high; foreign inflows hit highest in 3 years
Market saw net foreign outflow for the 1st time in 16 straight sessions.
An LOLC merger speculation helps gain
Sri Lanka is likely to face a new resolution at the upcoming UNHRC session - diplomats
(PTI) The IMF chief Kristalina Georgieva yesterday (4) said she is pleased the Washington-based lender and the Sri Lankan government have reached a staff-level agreement to provide about $2.9 billion to help the bankrupt country, terming the deal as an “important step forward.” The International Monetary Fund (IMF) on Thursday announced that it will provide […]
"Investors expect the economy to recover sooner than later."
Sri Lanka and the International Monetary Fund (IMF) have reached a preliminary agreement on an emergency loan to the crisis-hit country and a formal announcement will be made on Thursday, four sources with direct knowledge of the matter said.The post Crisis-hit Sri Lanka strikes staff-level pact with IMF on loan – sources appeared first on ONLANKA News - Latest Breaking News in Sri Lanka - S...
Sri Lanka and the International Monetary Fund (IMF) have reached a preliminary agreement on an emergency loan to the crisis-hit country and a formal announcement will be made on Thursday, four sources with direct knowledge of the matter said. The island nation, struggling with its worst economic crisisin more than seven decades, had sought up […]
The country is yet to see the impacts of economic crisis easing.