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This week, China is throwing a huge party to celebrate one of its biggest experiments in engaging with the world: its Belt and Road Initiative (BRI). Officials and leaders from all over the globe are in Beijing to attend a high-level summit marking the BRI’s 10th anniversary. Participants expected to show up range from Vladimir […]
- Beijing subway crash leaves 102 with broken bones (Category: Breaking News)
- Biden and Xi Jinping to meet in California (Category: Breaking News)
- Inside the deadly instant loan app scam that blackmails with nudes (Category: Breaking News)
- How India overcame bitter G20 divisions over Ukraine (Category: Breaking News)
Maria Fernanda Garza, the Chair of the International Chamber of Commerce (ICC), is set to visit Sri Lanka in October 2023. The ICC, representing 170 countries with a corporate membership of 45 million companies, is the largest and most influential business organisation globally. Only Chamber to represented in United Nations, WTO and WIPO. Her first […]
- First female ICC chair makes maiden visit to Sri Lanka (Category: Breaking News)
- Chair of the International Chamber of Commerce arrives in Sri Lanka (Category: Breaking News)
- First female Chair of the International Chamber of Commerce (ICC) here (Category: Breaking News)
- The International Chamber of Commerce Sri Lanka, CIMA and Daily FT celebrated Sri Lanka’s Most A... (Category: Breaking News)
by M. Rizwan Muzzammil According to an article in ‘The Diplomat’ (2nd Oct., 23), the Sri Lankan government has committed to supplying 70% of its domestic electricity, with renewable energy sources, by 2030, with the longer-term goal of achieving a fully renewable electricity supply by 2050. The government is incentivised by “debt-for-renewables swap”, which enables […]
- Need for manufacturer-authorized brand new EVs stressed (Category: Breaking News)
- Ukraine, brandy and EVs top the agenda on Xi’s charm offensive (Category: Breaking News)
- World faces stark choice at Rio+20, warns UN Report (Category: Business)
- Sri Lanka’s energy sector at risk: Calls for diversification amidst Chinese investments (Category: Breaking News)
[…]The post RW’s Political Dilemma appeared first on Colombo Telegraph.
- Politics Behind A Politician’s Gold (Category: Breaking News)
- IMF, ATA & RW’s Consolidation (Category: Breaking News)
- Aragalaya’s Unfinished Business (Category: Breaking News)
- Restructuring The Economy: A Stock Take (Category: Breaking News)
The first section of Kenya’s Chinese-built railway was opened with much fanfare in 2017 – but two years later work on the tracks stopped in the middle of the country and the master plan of linking it to other landlocked countries in East Africa seems to have derailed. This means the project is not bringing […]
- Kenya mid-air collision kills student pilot and trainer (Category: Breaking News)
- Hundreds protest at violence against Kenyan women (Category: Breaking News)
- Belt and Road Initiative: Is China’s trillion-dollar gamble to transform the world working? (Category: Breaking News)
- Kenya’s nationwide power blackout sparks KPLC sabotage suspicions (Category: Breaking News)
[…]The post Hamas Onslaught, Israeli Revenge & The Return Of Diplomacy appeared first on Colombo Telegraph.
- It Is Not War But Ceasefire That Is Freeing Hostages & Prisoners (Category: Breaking News)
- Condoning Israeli Aggression & Condemning Palestinian Resistance (Category: Breaking News)
- Netanyahu’s Madness (Category: Breaking News)
- Israel – Most Condemned UN Member (Category: Breaking News)
[…]The post A Journey Down The Memory Lane, Flouters Of Democracy Have Got It In The Neck appeared first on Colombo Telegraph.
- Politics Devoid Of Doctrine Is Empty & Harmful In The Long-Run; Premadasa, RW & MR Are Examples (Category: Breaking News)
- V. Anandasangaree: The LTTE Vilified Him, But History Has Vindicated Him (Category: Breaking News)
- Two Challenges: Economic Recovery & Political Devolution – IV (Category: Breaking News)
- AKD’s Recent Climb Is Meteoric, Yet A Long Way To Go (Category: Breaking News)
Sri Lanka's private creditors have sent a proposal on how to restructure $12 billion of overseas debt, including a new type of bond designed to ease repayments in case of future economic pressure, said two sources with direct knowledge of the matter.The post Sri Lanka bondholders sent $12 billion debt rework proposal to government, sources say appeared first on ONLANKA - Sri Lanka Latest Breaking ...
- Sri Lanka’s bondholders send debt rework proposal to government (Category: Breaking News)
- Sri Lanka s bondholders send debt rework proposal to government (Category: Breaking News)
- Sri Lanka debt restructuring stumbles as government rejects bondholders’ proposal (Category: Breaking News)
- Global investors and Sri Lanka officials set for second round of Bond Restructuring talks (Category: Breaking News)
Output growth of South Asian countries, except Sri Lanka, is projected to remain stronger than in other regions of the world in the coming years, as per the World Bank’s latest South Asia Development Update, ‘Toward Faster, Cleaner Growth’. Growth in the region is stronger than elsewhere in the world, but it is nonetheless not […]
- Growth in South Asia to slow down in 2023, WB (Category: Breaking News)
- Sri Lanka s economy shrinks in second quarter of 2022 (Category: Breaking News)
- More than a quarter of Lankans living in poverty – World Bank (Category: Breaking News)
- IMF appreciates Sri Lanka’s economic growth (Category: Breaking News)
Australia is seeking trade and investment framework arrangement with Sri Lanka. Australian Assistant Minister for Foreign Affairs Tim Watts, MP, who is in Colombo for the Indian Ocean Rim Association (IORA) Council of Ministers said that their growing economic ties with Sri Lanka would be enhanced through the signing of a renewed Trade and Investment […]
- Sri Lanka, Australia agree to strengthen trade and investment ties (Category: Breaking News)
- Sri Lanka, Thailand discusses FTA as the country tries to enhance economic relations with ASEAN (Category: Breaking News)
- Trade Minister discusses trade and investment agreement with Australia (Category: Breaking News)
- Sri Lanka asks China for help with trade, investment and tourism (Category: Breaking News)
USD 73 mn down the drain? The US Embassy is on record as having said that USAID conducted a project at a cost of USD 73 mn during the Yahapalana administration (2015-2019) to enhance the efficiency of lawmakers and be responsive to the people they represent. In terms of this project, 50 Research Assistants of […]
- Impact of foreign-funded projects on Parliament’s standing as sole sovereign and supreme body (Category: Breaking News)
- Costly UNDP ‘lessons’ for Parliament (Category: Breaking News)
- Deputy Speaker finds fault with media over ‘insufficient coverage’ of Parliament (Category: Breaking News)
- Growing foreign dependency and India’s USD 4 bn lifeline (Category: Breaking News)
Infinite Group, a global leader in the education sector with a presence in over ten countries worldwide, is leading the charge in revolutionising education services in Sri Lanka. Despite the economic downturn that saw the Sri Lankan economy shrink by 11.5% in the first quarter of 2023, Infinite
- Infinite Group Fortifies Commitment to Sri Lankan Education Landscape (Category: Breaking News)
- ‘Educate to Elevate’ – Pathways to UK Education for Sri Lankan Students (Category: Breaking News)
- One Foundation, Many Destinations: UCL International Foundation Year with Global Pathways (Category: Breaking News)
- Educate Sri Lanka Colombo Expo 2023 from 1-3 September at BMICH for all higher education and stu... (Category: Breaking News)
[…]The post New CBSL Act – Monetary Policy – Interest Rates Et Al. appeared first on Colombo Telegraph.
- Central Banks Have A Critical Role To Play During Times Of Financial Crisis (Category: Breaking News)
- Entrepreneurs Argue Against Unpredictable Exchange Rate, Interest Rates & Tax Policy (Category: Breaking News)
- Inflation, Interest Rate & Imperialism (Category: Breaking News)
- Central Bank of Sri Lanka further reduces policy interest rates (Category: Breaking News)
Japanese Parliamentary Vice-Minister of Foreign Affairs, Komura Masahiro stated that his country would continue to support Sri Lanka s economic recovery process and congratulated the government for stabilizing the economy during a short span of time and making further progress.
Former British Prime Minister David Cameron says Sri Lanka has a key role to play in the South Asia region. Cameron was speaking at the Port City Colombo UAE Road Show, a media release issued today said. The Road Show unveiled the potential of Port City Colombo (PCC) for all to see, drawing the attention […]
- Former UK PM to promote Colombo Port City in UAE (Category: Breaking News)
- Port City Colombo to be positioned as alternate to Singapore, Dubai (Category: Breaking News)
- Delegation of investors led by UAE royalty visits Port City Colombo (Category: Breaking News)
- David Cameron to address Port City Colombo UAE Roadshow (Category: Breaking News)
[…]The post Misconceived Resilient Economy Needs Fixing By Restoring Broken Supply Chains appeared first on Colombo Telegraph.
- Navigating The Economic Reawakening & Sustainable Growth (Category: Breaking News)
- Target 2048 – Social Market Economy Ideology Need Be Clarified & Signed Off (Category: Breaking News)
- Child’s Guide To Ranilnomics: Need Is Going For IMF Plus (Category: Breaking News)
- Good Governance & Economic Development – Part III (Category: Breaking News)
[…]The post Why The Shock Over IMF’s Diagnostic Report? appeared first on Colombo Telegraph.
- RW’s Political Dilemma (Category: Breaking News)
- Ranil’s Budget Crisis & Ibn Khaldun (Category: Breaking News)
- A führer In The Making (Category: Breaking News)
- Economic Realities & Political Promises (Category: Breaking News)
Ministers of Foreign Affairs of the Indian Ocean Rim Association (IORA) as well as other senior Ministers of IORA member States and Dialogue Partners will arrive in Sri Lanka for the 23rd IORA Council of Ministers which Sri Lanka is hosting on 11 October 2023 in Colombo. The Council of Ministers meeting in Colombo will […]
- Sri Lanka endorsed as Vice Chair of IORA Council of Ministers (Category: Breaking News)
- Sri Lanka endorsed as Vice Chair of IORA Council of Ministers (Category: Breaking News)
- Sri Lanka endorsed as Vice Chair of IORA Council of Ministers (Category: Breaking News)
- Sri Lanka to assume leadership as chair of Indian Ocean Rim Association (Category: Breaking News)
By Shihar Aneez Sri Lanka’s Information and Communication Technology (ICT) sector is facing a dearth of skilled workforce with most having already left the country, a top official said. Sri Lanka has aimed at boosting the digital economy to contribute at least $15 billion to the economy by 2030
- Government is committed to building a digitized modern Sri Lanka-President (Category: Breaking News)
- Every Lankan to get a unique Digital Identity (Category: Breaking News)
- Govt. committed to building a digitized modern Sri Lanka says President (Category: Breaking News)
- Govt. invites youths and departing entrepreneurs to join DIGIECON 2030 to fortify economy (Category: Breaking News)
State Minister of Rural Economy Kader Mastan at a press conference held at the Presidential Media Centre on Thursday (05), focusing on the theme ‘A Collective Path to a Stable Country‘, announced the initiation of a comprehensive program aimed at reducing the government’s expenditure
- Kokua Line: Hawaii jobless looking for $300 plus-up, other federal aid extensions (Category: USA, Hawaii)
State Minister of Rural Economy Mr. Kader Mastan has announced the initiation of a comprehensive program aimed at reducing the government’s expenditure on grain imports by providing seeds and market opportunities to rural cultivators across the country.
Friday 6th October, 2023 President Ranil Wickremesinghe’s recent interview with Deutsche Welle (DW), in Berlin, has been trending in the digital realm—not for all the right reasons, though. Thanks to it, the genre of interrogative interview has apparently taken on a whole new meaning, with the interviewee aggressively interrogating the interviewer! There was obviously much […]
- Big money taking over parties (Category: Breaking News)
- Cardinal, Bishops’ Conference deny difference of opinion over Easter Sunday carnage (Category: Breaking News)
- Herath accuses President of using SLPP as rubber stamp in Parliament to pass draconian laws (Category: Breaking News)
- President meets Sri Lankan Diaspora in Australia, outlines plans for economic modernization (Category: Breaking News)
By Neville Ladduwahetty President Ranil Wickremesinghe eloquently outlined the current global economic crisis affecting the developing world, in particular the Global South, during his speech at the Berlin Global Dialogue. In the course of his presentation he conveyed the fact that while the developed countries may have the strength and resources to weather the challenges, […]
- Achieving economic goals amidst global challenges (Category: Business)
- Nation branding way out – SLIM (Category: Breaking News)
- RW says great power rivalries and geopolitics emerging threat to Third World (Category: Breaking News)
- Sri Lanka hits the nail on the head at UN ECOSOC Financing for Development Forum (Category: Breaking News)
World Tourism Day, celebrated globally on September 27th, serves as a reminder of the pivotal role tourism plays in fostering economic growth, cultural exchange and environmental preservation. In commemoration of World Tourism Day, Browns Hotels & Resorts, a leading name in Sri Lankan hospitality, hosted a thought-provoking forum at their renowned coastal retreat, Thaala Bentota. […]
- Sports Draw (Category: Business)
- Sri Lanka Marks First Anniversary of Civil War End (Category: Breaking News)
- Sri Lanka Marks First Anniversary of Civil War End (Category: Breaking News)
- Sri Lanka Marks First Anniversary of Civil War End (Category: Breaking News)
Sri Lanka's central bank resumed interest rate cuts on Thursday to boost growth and as the government seeks to lift revenue and repair its balance sheets in a bid to secure continued financial support from the International Monetary Fund.The post Sri Lanka resumes rate cuts to boost growth as inflation cools appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka Central Bank cuts statutory reserve ratio by 200 bps (Category: Breaking News)
- CBSL governor says more rate cuts needed for economy to bounce back (Category: Breaking News)
- Sri Lanka unexpectedly cuts rates by 250 bps as inflation eases (Category: Breaking News)
- Sri Lanka signals pause after four rate cuts as IMF loan awaited (Category: Breaking News)
The World Bank revised up its forecasts for Sri Lanka's economy on Tuesday, noting the crisis-hit nation had made strides in reducing inflation and had benefited from tourism revenue as well as an appreciation in its currency.The post World Bank boosts Sri Lanka economic forecasts after inflation
- Sri Lanka resumes rate cuts to boost growth as inflation cools (Category: Breaking News)
- Sri Lanka still among 10 countries with highest food price inflation (Category: Breaking News)
- Sri Lanka unexpectedly cuts rates by 250 bps as inflation eases (Category: Breaking News)
- Sri Lanka’s economy to shrink by 2% in 2023, Central Bank says (Category: Breaking News)
Sri Lanka will introduce the new motor vehicle revenue license system (eRL 2.0) on October 07, 2023.The post Sri Lanka to launch new vehicle revenue license system (eRL 2.0) on October 7 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka launched new vehicle revenue licence system (eRL 2.0) today (October 07) (Category: Breaking News)
- Vehicle revenue permits could be obtained from home commencing October 7th (Category: Breaking News)
- Vehicle revenue permits could be obtained from home commencing October 7th (Category: Breaking News)
- New vehicle revenue license system to be launched on Saturday (Category: Breaking News)
[…]The post The Courts Would Be The Better Option For Undemocratic Actions To Be Contested appeared first on Colombo Telegraph.
- New Mandates Before New Amendments (Category: Breaking News)
- Speeding Up Recovery Requires Consistency (Category: Breaking News)
- Judiciary necessary to protect democracy (Category: Breaking News)
- Awaiting The Supreme Court’s Guidance On Elections (Category: Breaking News)
[…]The post Increasing Social Divide In Globalising Sri Lanka appeared first on Colombo Telegraph.
- Privatisation Of Public Assets Under Neoliberal Corporate Capitalism: Modern Evil (Category: Breaking News)
- The Police & Aragalaya Activists In A Time Of Social Upheaval (Category: Breaking News)
- The Mind Of Junious (A Parable) (Category: Breaking News)
- A führer In The Making (Category: Breaking News)
By Jehan Perera The government has allocated Rs 11 billion in the provisional budget for next year for the presidential elections due in September. This is a positive indication that the government intends to hold those elections. Free and fair elections being held when due is a core concept of a functioning democracy. This was […]
- The Courts Would Be The Better Option For Undemocratic Actions To Be Contested (Category: Breaking News)
- Electoral process also an essential service (Category: Breaking News)
- Eran proposes raising PAYE threshold to Rs 200,000 a month (Category: Breaking News)
- Supreme court nudges govt., to democracy (Category: Breaking News)
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