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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 teachers for provincial councils, which already have the funds allocated for the […]
- Taking language education forward (Category: Breaking News)
- Learning crisis in Sri Lanka affecting vulnerable children (Category: Breaking News)
- Switzerland contributes funds to meet urgent needs of children in Sri Lanka (Category: Breaking News)
- President presents budget with no “fairy tales” (Category: Breaking News)
[…]The post Target 2048 – Social Market Economy Ideology Need Be Clarified & Signed Off appeared first on Colombo Telegraph.
- Target 2048 – Economic Democracy Principles Should Be Followed To The Letter (Category: Breaking News)
- Without A Code Of Ethics & Principles Of morality, No Meaning In Social Market Economy (Category: Breaking News)
- Child’s Guide To How Ranilnomics Should Be Designed & Implemented (Category: Breaking News)
- Target 2048 – Growth Lab Experiment Should Be Converted From A Mere Wish To Ground Level Reality (Category: Breaking News)
President Ranil Wickremesinghe underscored the imperative to fortify the nation s economy, ensuring that forthcoming generations are spared from enduring the unfortunate period that both the country and its people have weathered in the past two years.
Hatton National Bank PLC continued its steady performance in Q2 2023, posting a 1H 2023 PBT of Rs 13.6 Bn, while 1H 2023 PAT stood at Rs 8.6 Bn, growing 56% YoY. Meanwhile, the Group made a consolidated PBT and PAT of Rs 15.2 Bn and Rs 9.8 Bn respectively. Commenting on the performance, Nihal […]
- SLT 1H operating profit up 15% to Rs. 3.36 b (Category: Business)
- NDB reports significant profit growth during 1H 2012 (Category: Business)
- ODEL’s Profits grow during the 1H of 2011 (Category: Breaking News)
- NDB group records Rs. 1 b profit in 1H (Category: Business)
[…]The post Debterioration Of Nations Social Security & Protection appeared first on Colombo Telegraph.
- Covid-19 Vaccination: Who Gets, When And How? (Category: Breaking News)
- Covid-19 Vaccination: Who Gets, When And How? (Category: Breaking News)
- Failing Banks, French Turmoil & Sri Lanka’s Contraction & Confusion (Category: Breaking News)
- Sri Lanka’s Economic Crisis: Social Security In A Stake (Category: Breaking News)
[…]The post IMF Economics & 13A Politics: Recipe For Unrest appeared first on Colombo Telegraph.
- Diaspora Tamils & 13A (Category: Breaking News)
- Economics Of Recovery & Politics Of Reconciliation (Category: Breaking News)
- The Economy & Politics: A Reality Check (Category: Breaking News)
- Politics Behind Economic Recovery (Category: Breaking News)
According to State Minister of Finance Shehan Semasinghe, the key pillars to Sri Lanka s future strategy are a strong and sustainable economic policy implementation, a digital economy, a green economy and a highly competitive economy.
- New Mexico's economy appears to be recovering faster than expected (Category: USA, New Mexico)
- Lincoln business owner urges Congress to pass pandemic relief package (Category: USA, Nebraska)
- Lincoln business owner urges Congress to pass pandemic relief package (Category: USA, Nebraska)
- New Mexico's economy appears to be recovering faster than expected (Category: USA, New Mexico)
by Rajan Philips PAKISTAN’S twisted political saga continues without the slightest deviation from a tired and predictable script. PTI chairman Imran Khan has been found guilty of “corrupt practices”, disqualified from representing the people of Pakistan, fined Rs100,000, and sentenced to three years in jail for good measure. Dawn (Pakistan Daily), August 6 Editorial The […]
- Ranil & His Options: Keep Running Or End The Executive Presidency (Category: Breaking News)
- President needs to take up challenge of leaving a legacy (Category: Breaking News)
- Democracy requires elections in good times and bad (Category: Breaking News)
- 2024: The Year Of South Asian Elections (Category: Breaking News)
[…]The post Ranil & His Options: Keep Running Or End The Executive Presidency appeared first on Colombo Telegraph.
- Electing A New Parliament & Ending The Old Presidency (Category: Breaking News)
- Reform Prospects: Missing Middle, Last Chance, Aragalaya-2? (Category: Breaking News)
- Neither North Nor South, Ranil At Home With The Global Right (Category: Breaking News)
- Anura Kumara Dissanayake’s Accomplishments & Challenges (Category: Breaking News)
By Shamindra Ferdinando Rebel SLPP MP Prof. Channa Jayasumana yesterday (11) said that former President Gotabaya Rajapaksa should make his position clear on his successor Ranil Wickremesinghe’s move to fully implement the 13th Amendment to the Constitution. Reiterating his strong opposition to President Wickremesinghe’s controversial plan, the Anuradhapura District MP stressed that Gotabaya Rajapa...
- Passage of 22A: Jayasumana asks Speaker to remove dual citizens from Parliament (Category: Breaking News)
- 22A: Jayasumana asks govt. to stick to SC ruling, warns against moves detrimental to unitary sta... (Category: Breaking News)
- Channa sees Ranil as night watchman playing ‘Dil Scoop’ (Category: Breaking News)
- Implementation of Yahapalana strategy President’s real intention – Manohara (Category: Breaking News)
Sri Lanka said that India will be one of the closest countries to enhance investments in Sri Lanka given its proximity to the Island nation and that it wants to have a very conducive environment for investors to come and invest. In an interaction with PTI, Sri Lankan Finance Minister Shehan Semasinghe also sounded optimistic […]
- Sri Lanka expects first review by IMF to be successful (Category: Breaking News)
- Sri Lanka yet to finalise restructuring domestic debt (Category: Breaking News)
- Sri Lanka receives 1st disbursement of US$ 250 million from WB (Category: Breaking News)
- Sri Lanka says economy has stabilised and growth is emerging (Category: Breaking News)
President Ranil Wickremesinghe emphasized the importance of capital, particularly financial and human, for driving growth.The post President emphasizes the importance of investing in capital and human resources for Sri Lanka’s economic advancement appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Central Bank reports to be discussed in school syllabi in a bid to enhance financial literacy (Category: Breaking News)
- Sri Lanka President calls for legal modernization to propel Sri Lanka’s economic growth (Category: Breaking News)
- President highlights importance of human, financial capital resources to drive SL s growth (Category: Breaking News)
- Cuban and Sri Lankan Presidents forge stronger ties and mutual support through bilateral talks (Category: Breaking News)
By Rathindra Kuruwita Giving full powers of the 13th Amendment to the Constitution to provincial councils controlled by henchmen appointed as Governors by President Ranil Wickremesinghe would have disastrous consequences for the country, General Secretary of the Communist Party of Sri Lanka (CPSL) Weerasumana Weerasinghe said. He said that the government was creating new issues […]
- 22nd Amendment and Budget Amendment Bill to be tabled in Parliament next week (Category: Breaking News)
- Govt will heed advice on debt optimization only from parliament - President (Category: Breaking News)
- Two-day adjournment debate on govt.’s policy statement (Category: Breaking News)
- Priyantha Bandara to be appointed parliamentary Secretary General (Category: Breaking News)
[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Axacerbation? – Part II appeared first on Colombo Telegraph.
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part III (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? (Category: Breaking News)
- Debt Restructuring, Austerity, & The IMF: A Solution Or A Worsening Of The Problem? (Category: Breaking News)
- The Impact Of The Next Election On The Economic Reforms (Category: Breaking News)
The inaugural session of the ‘Green Roadtrip’, a project to mobilise communities for environmental justice across the country, was successfully held in Colombo recently. This series of events will be implemented by the Centre for Environmental Law and Policy of the University of Colombo, through the Support to Justice Sector Project (JURE), funded by the European Union […]
- X-Press Pearl disaster compensation: Time running out – Experts (Category: Breaking News)
- Sri Lanka to lose nearly Rs. 06 bn in compensation for X-Press Pearl damages (Category: Breaking News)
- Appeals Court dismisses writ application against Colombo Port City project (Category: Breaking News)
- Appeals Court dismisses writ application against Colombo Port City project (Category: Breaking News)
The Monetary Board of the Central Bank of Sri Lanka, at its meeting held Tuesday, decided to reduce the Statutory Reserve Ratio (SRR) applicable on all rupee deposit liabilities of Licensed Commercial Banks (LCBs) by 200 basis points, from 4.00 percent to 2.00 percent. The Central Bank, on Wednesday, announced that the decision comes into […]
- Bill presented to make Central Bank independent (Category: Breaking News)
- Central Bank instructs further restriction of importing non-essential goods (Category: Breaking News)
- CBSL governor to stay in post, says improvement observed in political stability (Category: Breaking News)
- FSP opposes move to make Central Bank of Sri Lanka independent of Parliament (Category: Breaking News)
The Central Bank of Sri Lanka has cut the statutory reserve ratio for commercial banks by 200 basis points to 2%, effective Aug. 16, it said on Wednesday.The post Sri Lanka Central Bank cuts statutory reserve ratio by 200 bps appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Central Bank of Sri Lanka issues order slashing interest rates on lending products (Category: Breaking News)
- Sri Lanka Central Bank maintains policy interest rates, reserve requirement (Category: Breaking News)
- Sri Lanka Central Bank maintains policy interest rates, forecasts lower economic growth (Category: Breaking News)
- Commercial banks ordered to pass benefit of latest CB Statutory Reserve Ratio reduction on to cu... (Category: Breaking News)
, the economy has not grown and […]
- President promises five percent economic growth in 2026/27 under current economic policies (Category: Breaking News)
- Prez: Economic Transformation Bill first step in economic revitalisationsident Ranil Wickremesin... (Category: Breaking News)
- Milinda blames halfhearted economic reforms over the years for current crisis (Category: Breaking News)
- Financial Roadmap for 2012 unveiled (Category: Breaking News)
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
- Sri Lanka central bank to consider a single policy rate mechanism (Category: Breaking News)
- Sri Lanka signals pause after four rate cuts as IMF loan awaited (Category: Breaking News)
- Sri Lanka to introduce new central bank law, inflation target (Category: Breaking News)
- Sri Lanka’s Central Bank Chief says Money printing has drastically reduced in 2022 (Category: Breaking News)
Monetary policy transmission to the real economy in Sri Lanka is still incomplete, the governor of the country s central bank, Dr. Nandalal Weerasinghe, said at a LSEG FX Community Event on Monday (Aug 7).
Pan Asia Banking Corporation PLC reflected a steady performance amidst a multitude of adversities emerging from challenging macro-economic conditions as the Bank reported its financial performance for 2023 1H, which showed judicious portfolio management and prudence exercised in dealing with possible fallout on its asset quality from under high interest rate regime. For the six-month […]
- Positive growth in 1H (Category: Breaking News)
- COMBank’s 1H pre-tax profit soars to Rs. 7.7 b (Category: Business)
- Pan Asia 1H operating income up by 22% (Category: Business)
- NSB posts strong all round growth in 1H (Category: Business)
Tuesday 8th August, 2023 Former Chairman of the Election Commission (EC) Mahinda Deshapriya, who serves as the Head of the National Committee on Delimitation of the Divisions of Local Government (LG) Bodies, seems to be full of optimism. He is reported to have said he expects either the local government polls or the Provincial Council […]
- PAFFREL accuses government of vote buying (Category: Breaking News)
- Govt. misusing state property to bribe voters ahead of crucial election – PAFFREL (Category: Breaking News)
- Supreme court nudges govt., to democracy (Category: Breaking News)
- Dullas chides silence of Election Commission when govt. floats doubts about polls (Category: Breaking News)
[…]The post The Rooster Coop & Its Impact On Sri Lanka appeared first on Colombo Telegraph.
- What Is To Be Done? – Anura Kumara Dissanayake (Category: Breaking News)
- The Police & Aragalaya Activists In A Time Of Social Upheaval (Category: Breaking News)
- Beneath The Skin Deep Liberalism Lies Cancerous Caste Prejudices (Category: Breaking News)
- The Tamil Nadu Factor (Category: Breaking News)
[…]The post Target 2048 – Private Sector Should Not Just Sit Aloof appeared first on Colombo Telegraph.
- Govt. Cuts Export Target By 20% (Category: Breaking News)
- How long will power cuts be? (Category: Breaking News)
- Anti-cuts protests push Romania PM out (Category: Business)
- Moody’s cuts Japan rating, blames politics (Category: Business)
By Eng. Thushara Dissanayake Water is often undervalued and insufficient attention is paid to its pollution. The water quality degradation is a blooming environmental issue in Sri Lanka. According to World Bank findings, the invisible crisis of water quality degradation is reducing potential economic growth in heavily polluted areas of the world by one-third. It […]
- Dire weather forecast for Sri Lanka (Category: Breaking News)
- People in five districts advised to wear masks due to toxic air blowing from India (Category: Breaking News)
- Country smothered by air pollution from subcontinent (Category: Breaking News)
- 'Excellent water' at more beaches (Category: Technology)
[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? appeared first on Colombo Telegraph.
- Debt Restructuring, Austerity, & The IMF: A Solution Or A Worsening Of The Problem? (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part VI (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part IV (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part III (Category: Breaking News)
Iran and Sri Lanka agreed to take action regarding the release of prisoners of the two countries in a humane way in the near future, the Iranian Foreign Minister said. Today the potential of the Asian continent has attracted the attention of the world powers, and Asian countries, Iranian Foreign Minister Hossein Amir-Abdollahian said in his […]
- Four Iranian ships registered under the Sri Lankan flag (Category: Breaking News)
- Sri Lanka and Iran to strengthen bilateral ties (Category: Breaking News)
- Iranian President to inaugurate ‘Uma Oya’ project during Sri Lanka visit (Category: Breaking News)
- Nine Iranian sailors freed from Sri Lankan prisons after talks between FMs (Category: Breaking News)
Sri Lanka is in talks with a Singapore based company to transform Colombo and give it a new look. President Ranil Wickremesinghe said that the vision to transform Colombo into a beautiful city is already in motion, with plans provided by Surbana Jurong. Surbana Jurong Group is a global urban, infrastructure and managed services consulting […]
- Heat in Colombo still at ‘caution’ level despite rain (Category: Breaking News)
- Government to push ahead with plan for Trincomalee Port (Category: Breaking News)
- Wijeyadasa not ruling out contesting presidential polls (Category: Breaking News)
- Ranil loses his cool when questioned on Channel 4 video (Category: Breaking News)
[…]The post Connectivity Or Captivity? appeared first on Colombo Telegraph.
- IMF Economics & 13A Politics: Recipe For Unrest (Category: Breaking News)
- Diaspora Tamils & 13A (Category: Breaking News)
- Modi-Wickremesinghe Tamil Drama (Category: Breaking News)
- Saffron Army & RW’s Political Calculations (Category: Breaking News)
[…]The post Rohan Gunaratna Hostility Towards Muslims appeared first on Colombo Telegraph.
- Cremating Muslim Covid Dead Bodies; Sri Lanka Is Right – Whole World Is Wrong? (Category: Breaking News)
- Cremating Muslim Covid Dead Bodies; Sri Lanka Is Right – Whole World Is Wrong? (Category: Breaking News)
- Cremating Muslim Covid Dead Bodies; Sri Lanka Is Right – Whole World Is Wrong? (Category: Breaking News)
- President’s Peace Overture Ignores Muslims (Category: Breaking News)
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