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[…]The post Target 2048 – Growth Lab Experiment Should Be Converted From A Mere Wish To Ground Level Reality appeared first on Colombo Telegraph.
Palestinian health officials now say that at least 471 people were killed by an explosion at a hospital in Gaza City on Tuesday night. They blame an Israeli air strike, but Israel’s military says the blast was caused by a failed rocket launch by the militant group Palestinian Islamic Jihad. The BBC’s Rushdi Abu Alouf […]
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 ...
The Sri Lanka Red Cross Society (SLRCS) handed over a consignment of fifteen thousand (15,000) bottles of drinking water to State Minister of Defence Premitha Bandara Tennakoon on Tuesday (October 10) at the Ministry of Disaster Management intended to be distributed among flood affected communities in the Galle and Matara districts.The post Sri Lanka Red Cross Society donates drinking water to flo...
[…]The post Misconceived Resilient Economy Needs Fixing By Restoring Broken Supply Chains appeared first on Colombo Telegraph.
[…]The post Has The Economy Been Assassinated & If So, Who Were The Assassins? appeared first on Colombo Telegraph.
[…]The post Sri Lanka – Nation Building, Devolution and the 13th Amendment – Part II appeared first on Colombo Telegraph.
By Udari Abeyasinghe One of the principles of free education is to provide opportunities in higher education. In 2020, then-President Gotabaya Rajapaksa issued directives to the University Grants Commission (UGC) to increase university admissions by an additional 12,000 students, in line with his election manifesto. Subsequently, student enrollments were increased with inadequate resources allocat...
By Sanath Nanayakkare The Global CEO Forum Sri Lanka held at the Galadari Hotel on Thursday showed a clear shift of discussion topics by Sri Lankan business leaders compared to what they were talking about just a year ago. Completely deviating from airing worries about how to run their businesses amid economic turmoil, business leaders […]
SCHEDULE ANNOUNCED FOR ICC U19 MEN’S CRICKET WORLD CUP SRI LANKA 2024 Five venues in Colombo set to stage the action from 13 January, with the Final on 4 February at R Premadasa International Cricket Stadium 15th edition of the event will see the most exciting young talent in world cricket compete over 41 […]The post INTERNATIONAL CRICKET COUNCIL appeared first on Sri Lanka Cricket.
The Chinese spy ship ‘Shi Yan 6’ has entered the Malacca strait, bound for Colombo, amid confusion over whether Sri Lanka has granted access for the spy vessel to dock at Colombo. According to reports last month, the Sri Lankan Defence Ministry has granted Shi Yan 6 access to dock at Colombo port. However, the Sri Lankan […]
China’s top diplomat Wang Yi is visiting Russia for security talks, as Moscow seeks continued support for its war on Ukraine. A close ally of Moscow, Beijing is accused of supporting Russia indirectly during the war, which it denies. Mr Wang’s trip is thought to be paving the way for Vladimir Putin to make a […]
By Saman Indrajith Ceylon Workers Congress (CWC) leader and Minister of Water Supply and Estate Infrastructure Development, Jeevan Thondaman, plans to bring the grievances of his community before Global Union Federation Public Services International in Geneva and other international fora, such as the World Economic Forum and International Labor Organization, next month, he said. “I […]
Talks between Sri Lanka and its international bondholders will seek common ground on how much of a hit should be incurred by domestic banks and holders of debt of the country's state-owned enterprises (SOEs), two sources with direct knowledge said.The post Sri Lanka bondholders talks focus on state enterprise debt, domestic banks – sources appeared first on ONLANKA - Sri Lanka Latest Breakin...
[…]The post System Change Happening In Wrong Direction appeared first on Colombo Telegraph.
Sri Lanka's key inflation rate eased to 4% in August from 6.3% a month ago, the statistics department said on Thursday, marking continued stabilisation for the crisis-ridden economy.The post Sri Lanka’s key inflation rate eases to 4% in August appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
H.J.M Seneviratne, 63, slices through yellowed paddy stems dried out by a drought that has destroyed over 95% of his crop and is threatening crisis-hit Sri Lanka's summer rice harvest.The post Drought dents Sri Lanka’s economic hopes, farmers’ livelihood appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
KARACHI: Pakistan’s total debt and liabilities rose by 29 percent to Rs77.1 trillion in the fiscal year that ended on June 30, the central bank said on Wednesday, as the government borrowed heavily to finance its spending requirements. At the end of the last fiscal year, the country’s debt and liabilities, including domestic and foreign, […]
By Ramnath Reghunadhan During July-August 2023, the People’s Republic of China (PRC) was hit by heavy rainfall and devastating floods, caused by the remnants of Typhoon Doksuri, which saw widespread destruction of many cities in the country’s northern as well as southern regions. The flooding was the result of what is considered to be the […]
Thuesday 22nd August, 2023 No sooner had the Indian government announced its decision to impose a 40% tax on onion exports to overcome a shortfall in the domestic supply than Sri Lankan traders jacked up onion prices exponentially. They would not have reacted so swiftly to a drop in onion prices in the international market. […]
[…]The post Pyromaniacs On The March appeared first on Colombo Telegraph.
Sri Lanka expects the first review by the International Monetary Fund (IMF) in September to be successful. State Minister of Finance Shehan Semasinghe said that the IMF will assess the programme’s performance until the end of June. “We welcome the IMF team in Sri Lanka for the first review of the Extended Fund Facility (EFF) […]
Sri Lanka’s largest bilateral creditor, China, has assured the island nation its help in effectively addressing the debt challenges as it has to finalise the external and domestic debt restructuring of a whopping USD 41 billion by September before the IMF’s first review. The International Monetary Fund (IMF) is set to conduct its first review […]
An International Monetary Fund (IMF) staff team will visit Colombo in a month's time for the first review on Sri Lanka's loan programme, a spokesperson said on Tuesday.The post IMF staff to visit Sri Lanka in September for first programme review appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
An International Monetary Fund (IMF) staff team will visit Colombo in a month’s time for the first review on Sri Lanka’s loan programme, a spokesperson said. The Washington-based lender approved a nearly US$3 billion bailout for crisis-hit Sri Lanka in March. The Asian island is struggling with its worst financial crisis in over seven decades, […]
By N Sathiya Moorthy Recently, Education Minister Susil Premajayantha told Parliament that the Government was making efforts to increase the number of teachers across the country — but there would still remain a shortage of 26,000 teachers. His proposals include hiring retired and former
[…]The post Debterioration Of Nations Social Security & Protection appeared first on Colombo Telegraph.
The IMF will conduct the first review of the $2.9 billion bailout to Sri Lanka from September 11-19, state minister of finance Ranjith Siyambalapitiya said on Saturday and declared that the country has successfully fulfilled the nine conditions set by the global lender.The post IMF to conduct bailout review for Sri Lanka in September appeared first on ONLANKA - Sri Lanka Latest Breaking News and T...
Monetary policy transmission to the real economy in Sri Lanka is still incomplete, the governor of the country's central bank, Nandalal Weerasinghe, said at a LSEG FX Community Event on Monday.The post Sri Lanka central bank chief: monetary policy transmission still incomplete appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
SJB MP Eran Wickramaratne says the importation of inferior medicine by way of emergency procurement and non-functioning medical, surgical and other test equipment in hospitals have ruined the public health sector. Addressing the Media at the Office of the Leader of Opposition on Sunday (6Aug2023), Wickramaratne said that this pathetic situation in the health sector […]