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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 […]
President Ranil Wickremesinghe during a discussion held at the Nuwara Eliya District Secretariat on Monday (10), instructed officials to work on a formal plan to maximize the contribution of the Nuwara Eliya District. The Nuwara Eliya New Town Development Plan and the Nuwara Eliya Tourism Plan were also unveiled.
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.
Known for its snow-topped Himalayan mountains, fast-flowing rivers, Alpine meadows and houseboats around a beautiful Dal lake, Jammu and Kashmir Union Territory (UT) has got a boost after the abrogation of Article 370 on August 05, 2019. The enhanced tourist arrivals in the Union Territory since 2019 have generated the greatest employment in various regions, […]
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 […]
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 […]
[…]The post President Ranil Wickremesinghe’s Special Statement – Full Text appeared first on Colombo Telegraph.
China has given assurances that it will support Sri Lanka’s debt restructuring, clearing the biggest hurdle for the South Asian nation to secure a $2.9 billion bailout from the International Monetary Fund (IMF).The post China gives assurances to the IMF that it will support Sri Lanka’s debt restructuring appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
[…]The post Supreme Court Shows Democratic Route To Government appeared first on Colombo Telegraph.
By Jehan Perera The economy is beginning to give indications of macro stability which President Ranil Wickremesinghe has made his primary objective. The most visible of these is the appreciation of the rupee against the dollar and other international currencies which signals a shift
[…]The post Why Should We Beg IMF? – When More Than $36 Billion To Be Recovered appeared first on Colombo Telegraph.
Nestled in the heart of Jammu and Kashmir, the Jhelum River is a breathtaking natural wonder that holds a special place in the hearts of the people who call this region home. This magnificent river stretches for approximately 725 kilometers, winding its way through the rugged terrain of the Kashmir Valley and providing sustenance and […]