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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.
The government is to allocate Rs. 1 billion for Artificial Intelligence (AI) technology next year, President Ranil Wickremesinghe said. President Wickremesinghe commented on the potential for Artificial Intelligence technology to contribute to the country’s development. He instructed officials from the Ministry of Technology to form a presidential task force comprising AI experts and prepare...
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
Celebrating over three decades of service and support to grow microfinance customers across the island, Sri Lanka’s leading private sector bank HNB PLC, revived its annual trade fair and exhibition for Micro, Small and Medium Enterprises (MSMEs) The Gami Pubuduwa Pola 2023. Organised by the bank to showcase up-and-coming businesses in its portfolio, the trade […]
Sri Lanka is working on attracting more investment from Saudi Arabia, the island nation s envoy in Jeddah told Arab News, as Saudi support is seen as important to help put the Sri Lankan economy back on track.
Contactless payment methods are becoming increasingly popular throughout the hospitality sector, and for good reason. They embrace some of the most cutting-edge technology while providing guests with a more user-friendly experience. Avanthi Colombage, Country Manager, Sri Lanka and Maldives, Visa said: “When a tourist visits a new country, they experience various purchase touchpoints – for [...
Despite possessing enviable social indicators at the time of Independence in 1948, Sri Lanka, at 75, is a “failed state”, former President Chandrika Bandaranaike Kumaratunga said on Sunday.The post Sri Lanka at 75 is a failed state, says former President Chandrika Bandaranaike Kumaratunga appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
The Government of Sri Lanka has initiated a project to introduce a passenger ferry service between the port of Kankasanthurai in Sri Lanka and Pondicherry in India, aimed at providing an affordable and convenient mode of transportation between the two countries. The cost of a round trip scheduled to commence by the end of April […]
The flag carrier of Seychelles is set to launch a service to Colombo, Sri Lanka starting June 20 and is offering customers a special launch promotion in celebration. Air Seychelles announced on April 11 plans to add a new route to its ever-growing network. The airline mainly operates interisland flights over the Indian Ocean and is […]
Bangladesh Prime Minister Sheikh Hasina says Bangladesh attaches high priority to its relations with its neighbours, particularly with Sri Lanka, which are based on historical bonds and a multitude of commonalities. Hasina said that Bangladesh and Sri Lanka can greatly enhance bilateral cooperation in the areas of investment, agriculture, fisheries, pharmaceuticals, maritime connectivity and highe...
IMF has shown the way and now Sri Lanka has to dig itself out of the mess, says Governor by Sanath Nanayakkare Central Bank Governor Dr. Nandalal Weerasinghe recently said that Sri Lanka needs to build and keep a ‘comfortable level’ of currency reserves in order to maintain the country’s balance-of-payments situation in the event […]
Sri Lanka's national carrier has been struggling against even more headwinds than many of its rivals.The post Sri Lanka airline boss says ‘don’t be a CEO during Covid’ appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
[…]The post Janatha Aragalaya: The People’s Struggle In Sri Lanka appeared first on Colombo Telegraph.
Sri Lankan President Ranil Wickremesinghe announced that the agreement with the International Monetary Fund (IMF) would be presented to Parliament for a vote on whether to support it and that following this vote, the key points of the agreement would be enacted into law.The post Once the Parliament approves IMF agreement, the main points will be passed into law – Sri Lanka President appeared...
Sri Lankan authorities are exploring the possibility of domestic debt optimisation (DDO) operations aimed at liquidity relief while preserving financial stability to avoid further eroding of Sri Lanka’s repayment capacity, the country’s Central Bank said issuing a press release on Thursday night. The Central bank said the DDO would be conducted on a voluntary basis […]
[…]The post Indo-Lanka Fishing Crisis: Sharing Territories For A Better Catch! appeared first on Colombo Telegraph.
Sri Lanka has a final opportunity to progress and it is imperative for everyone to collaborate in creating a prosperous community for future generations, without resorting to finger-pointing, emphasized President Ranil Wickremesinghe.The post Sri Lanka President says ‘this is our last chance to forge ahead’ appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA ...
Sri Lanka will kick off a reworking of part of its domestic debt next month and aims to finalise it by May, central bank and treasury officials told creditors during a virtual presentation on Thursday.The post Sri Lanka expects to finalise domestic debt rework by May appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Sandun Pathirana’s career journey spans over three decades, during which he has gained extensive experience in setting up and managing operations in markets in South Asia and the Middle East. He is a regional specialist in his field, having worked for leading conglomerates and multinational freight and logistics companies. Sandun started his logistics career in […]
President Ranil Wickremesinghe said that it is crucial for students in the country to have comprehensive knowledge of modern technology and continually update themselves with the latest advancements to prepare for the future.The post Students should be equipped with modern technology to take over the country by 2048 appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA New...
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...
[…]The post Still On The Rotten Bridge appeared first on Colombo Telegraph.
Sri Lanka is keen to expand ties with the Yunnan province in China which shares many similarities with Sri Lanka, especially in the areas of trade, economy, and tourism, says State Minister of Foreign Affairs Tharaka Balasuriya.
[…]The post Conflict Resolution Might Be The Way Out? appeared first on Colombo Telegraph.
tourism and the economy. Dr. Anil Jasinghe said […]
By Shamindra Ferdinando The Japanese embassy and UNICEF (United Nations Children’s Fund, previously known as United Nations International Children’s Emergency Fund), on 16 March, 2023, issued a joint statement that dealt with the impact the developing political-economic-social crisis is having on the poor in Sri Lanka. The statement focused on the suffering of the children […]
The Sri Lanka Sub Aqua Club (SLSAC) – the oldest Dive Club in Sri Lanka, has partnered with ADEX Asia Dive Expo – the largest and longest-running dive consumer and trade show in Asia. ADEX Ocean Mission 2023 will be held from March 31 to April 2 at the Sands Expo and Convention Centre in […]
[…]The post Elitism – A Hidden Downfall Factor appeared first on Colombo Telegraph.
[…]The post ‘Contemporary Issues In Socio-Economic Development’: A Timely Publication By Kelaniya University appeared first on Colombo Telegraph.
Sri Lanka is negotiating with India to extend a $1 billon credit line by a few months, two sources told Reuters, as the island nation tries to line up funds for the rest of the year while the IMF looks set to approve a $2.9 billion loan for it soon. The credit line is to […]