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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)
By Hiran H.Senewiratne Sri Lanka’s current inflation rate is around 1.3 percent and with the stabilizing of the economy the Central Bank is to maintain a dovish monetary policy stance, Central Bank Governor Dr. Nandalal Weerasinghe said. “The Central Bank has signed an agreement
- Policy interest rates reduced to enable economy to reach its true potential – CBSL Governor (Category: Breaking News)
- High interest rates have prevented contraction of economy – CBSL Governor (Category: Breaking News)
- Price controls to be removed from rupee lending rates from April 1 – CBSL Governor (Category: Breaking News)
- CB reduces interest rates (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 is to transition to a green economy, at a high cost, President Ranil Wickremesinghe said. He said the Government will enact a new Climate Change Act and a National Environment Act to address the triple planetary crisis in the context of new knowledge and practices. “We are starting
- Emirates to promote Sri Lanka as ideal destination for travellers (Category: Breaking News)
- China to explore opportunities to strengthen relations with Sri Lanka (Category: Breaking News)
- Singapore’s Prime Minister keen to deepen ties with Sri Lanka (Category: Breaking News)
- Solhiem gets a new role in Sri Lanka (Category: Breaking News)
President Ranil Wickremesinghe addressed the 5th Forum of Ministers & Environment Authorities of the Asia Pacific at the Shangri La Hotel in Colombo today (05), delivering a passionate speech that emphasized three crucial points: the urgency of the climate crisis, Sri Lanka’s ambitious climate plans and the dire state of global biodiversity. President Wickremesinghe opened […]
- Climate Colonialism At CoP 28: Carbon Laundering Via Green Bondscams? (Category: Breaking News)
- Sri Lankan stakeholders prepare for COP 27 in Joint Climate Change Dialogues (Category: Breaking News)
- Sri Lanka to launch the Climate Justice Forum (CJF) at COP 28 (Category: Breaking News)
- Cop sacked for playing piano while Gotabaya fled (Category: Breaking News)
[…]The post Sri Lanka: IMF / World Bank – Systemic Reforms Needed appeared first on Colombo Telegraph.
- Wickremesinghe Govt. Continues To Repress Freedoms Of Expression & Pursue Policies Against Minor... (Category: Breaking News)
- Tamils Detained For Commemorating War Dead: 9 Held Under Abusive PTA (Category: Breaking News)
- In Sri Lanka, Chaotic Social Security Reform Denies People’s Rights: “Aswesuma” Program Applies ... (Category: Breaking News)
- Sri Lanka’s Proposed Internet Law Threatens Upcoming Elections (Category: Breaking News)
COUNTDOWN Sri Lanka – the iceberg challenge to World Cup Akin to a ship going past a floating iceberg to the world cup, consistency will be the tall order bugged by top order batting failures while the same applies to the bowling department in the wake of three straight ODI defeats from being bowled out […]The post Curtain raiser today between defending champs England and New Zealand appeare...
- India face Australia, Sri Lanka take on England in World Cup quarters (Category: Breaking News)
- England, South Africa to face off in Women’s T20 World Cup opener, final on October 20 (Category: Breaking News)
- ICC names all-woman panel of match officials for 2023 Women’s T20 World Cup (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 Central Bank of Sri Lanka has further reduced policy interest rates by 100 basis points, at the first monetary policy review by the Monetary Policy Board under the Central Bank of Sri Lanka Act, No. 16 of 2023 (CBA). In this review, the Board decided to reduce the Standing Deposit Facility Rate (SDFR) and […]
- Central Bank of Sri Lanka further reduces policy interest rates (Category: Breaking News)
- CBSL’s decision to raise policy rates in line with IMF expectations (Category: Breaking News)
- Central Bank of Sri Lanka decides to maintain policy rates (Category: Breaking News)
- Demand for imports in Sri Lanka continues to remain subdued (Category: Breaking News)
President Ranil Wickremesinghe has said all media should engage in a discussion on whether to enter into international agreements or work within the country’s legal framework. He said so at the felicitation ceremony to honour one of the most distinguished figures in Sri Lankan journalism, Edmund Ranasinghe, the founding Editor of ‘Divaina’ newspaper and former […]
- US backs Lankan journalists vis-a-vis Online Safety law (Category: Breaking News)
- Sports Minister denies PMD report on Cabinet decision for appointing interim committees (Category: Breaking News)
- Media must operate within respective country s legal framework  President (Category: Breaking News)
- PMD claims President’s response misinterpreted (Category: Breaking News)
The World Bank predicts that Sri Lanka’s poverty will increase to 27.9 percent in 2023 from 25 percent in 2022 as the country continues to suffer from the most extreme deployment of ‘macro-economic policy’ in the history of its central bank. The World Bank in a report titled ‘Sri Lanka Development Update: Mobilizing Tax Revenue […]
- Poverty drops (Category: Breaking News)
- Sri Lanka Central Bank Reduces Reverse Repurchase Rate to 9.5% From 9.75% (Category: Breaking News)
- Sri Lanka's Central Bank Lowers Reverse Repurchase Rate to 9% From 9.5% (Category: Breaking News)
- More than a quarter of Lankans living in poverty – World Bank (Category: Breaking News)
Earlier this year, global fashion infrastructure platform PDS Limited announced the unveiling of a centralized cutting plant in its Sri Lankan subsidiary Norlanka, located in Malwana. With a fully digitalized and integrated system, starting from mill inspection to warehouse operations, fabric inspection and the cutting process, this initiative is a testament to how multinational companies […...
- Norlanka Unveils New Corporate Logo (Category: Breaking News)
- MAS Holdings enters new venture with BAM Knitting (Category: Breaking News)
- NAMA ENTERPRISE to Supply Chemicals to Sri Lanka, Expands Global Presence with Emphasis on Food,... (Category: Breaking News)
- Several small-scale manufacturers wind up operations (Category: Breaking News)
, which had bankrupted the economy. Premadasa said that the […]
- SJB govt will amend Sri Lanka s IMF agreement - Sajith (Category: Breaking News)
- Sri Lanka s IMF agreement will be renegotiated under SJB govt - Sajith (Category: Breaking News)
- Visiting IMF delegates call on Opposition Leader (Category: Breaking News)
- Marikkar warns state officials acting illegally, Sajith threatens to get on the streets (Category: Breaking News)
President Ranil Wickremesinghe lauded veteran journalist Edmund Ranasinghe as a trailblazer who catalysed transformative changes in Sri Lankan journalism. He said that Mr. Ranasinghe’s contributions to media, spanning seven decades, played a pivotal role in advancing Sri Lankan society, economy
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)
The Government hopes to further intensify its war on plastic in Sri Lanka over the next two years. The 5th Forum of Ministers and Environment Authorities in the Asia Pacific convened at the Shangri-La Hotel in Colombo, where Environment Minister Hon Naseer Ahamed made a significant announcement. In a move aimed at addressing the escalating […]
- Ranil briefs UN chief on Sri Lanka’s environment policy (Category: Breaking News)
- Sri Lanka to transition to green economy at a cost (Category: Breaking News)
- Material Recovery Facility commissioned in Negombo (Category: Breaking News)
- Protests in Batticaloa and Jaffna against Independence Day celebrations (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.
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)
By Shamindra Ferdinando Top Opposition spokesperson Prof. G. L. Peiris yesterday (02) said that the government should take full responsibility for the suspension of USD 2.9 bn IMF bailout over Sri Lanka’s failure to achieve the anticipated revenue mobilisation. The former External Affairs Minister found fault with the government for tax concessions granted to investors […]
- Opp. seeks IMF intervention to rein in corruption (Category: Breaking News)
- GL: Constitutional constraints prevent President from holding snap presidential election (Category: Breaking News)
- GL: Cost of living intolerable, street protests inevitable (Category: Breaking News)
- Now, Opposition wants Finance Secy. hauled up before Privileges Committee (Category: Breaking News)
Leading tech companies including social media in the world have deeply criticized moves by the Sri Lanka Government to implement regulation of the Internet, stating that "the Bill provides for a draconian system to stifle dissent and Sri Lankans’ rights to expression".The post World’s leading tech companies deeply criticize Sri Lanka’s Online Safety Bill appeared first on ONLANKA - Sri Lanka...
- Asia Internet Coalition refutes Public Security Minister’s statement on Online Safety Bill (Category: Breaking News)
- Tech giants concerned over Sri Lanka s Online Safety Bill (Category: Breaking News)
- Asia Internet Coalition raises red flag on Sri Lanka’s Online Safety Bill (Category: Breaking News)
- Sri Lanka’s online regulations highlight restrictions sweeping South Asia (Category: Breaking News)
Influential corrupt elements within the state revenue collection apparatus had with the help of the Finance Ministry brought in amendments to relevant laws to stifle the revenue collection process, Chairman of the Sectoral Oversight Committee on National Economic and Physical Plans Mahindananda Aluthgamage said yesterday (October 01).The post Corrupt elements use Parliament, Finance Ministry to ev...
- Corrupt elements use Parliament, Finance Ministry to evade taxes (Category: Breaking News)
- Govt. MP slams Finance Ministry over gaping holes in tax collection system (Category: Breaking News)
- Accusations reiterated, explanation sought from FM (Category: Breaking News)
- Amidst corruption charges, IMF intervenes to streamline tax collection (Category: Breaking News)
CWC leader and Water Supply and Estate Infrastructure Development Minister Jeevan Thondaman, yesterday has called upon South Asian trade unions to embrace innovation and inclusivity. Addressing the International Labour Organisation’s (ILO) South Asia Trade Union Symposium, in New Delhi, the Minister said that there were pressing challenges and opportunities facing trade unions in the ever-evolving...
- Minister Jeevan urges South Asian trade unions to embrace innovation and inclusivity (Category: Breaking News)
- Minister Thondaman raises concerns about Lankan migrant workers with ILO Director General (Category: Breaking News)
- CEO of Kelani Valley Plantations admitted to hospital following workers’ protest (Category: Breaking News)
- Wage hike for estate workers (Category: Breaking News)
[…]The post Has The Economy Been Assassinated & If So, Who Were The Assassins? appeared first on Colombo Telegraph.
- Foreign Debt Restructuring: Too Late & Too Short To Get Out Of The Debt Trap (Category: Breaking News)
- Child’s Guide To Foreign Borrowings: Are They An Evil Or Not? (Category: Breaking News)
- Child’s Guide To Ranilnomics: Proposed Debt Restructuring Will Pose More Issues Than Answers (Category: Breaking News)
- Sri Lanka’s New Government: Be Warned Of The Empty Treasury & Negative Foreign Reserves (Category: Breaking News)
[…]The post Sri Lanka – Nation Building, Devolution and the 13th Amendment – Part II appeared first on Colombo Telegraph.
- Sri Lanka – Nation Building, Devolution & The 13th Amendment – Part III (Category: Breaking News)
- Sri Lanka – Nation Building, Devolution & The 13th Amendment – Part IV (Category: Breaking News)
- Sri Lanka – Nation Building, Devolution & The 13th Amendment (Category: Breaking News)
- Sri Lanka – Nation Building, Devolution & The 13th Amendment – Part VII (Category: Breaking News)
The West has labeled China’s Belt and Road Initiative as a cohesive program, and the participating countries like Sri Lanka are looked upon with suspicion, President Ranil Wickremesinghe said on Thursday (28) at the Berlin Global Conference. “This will further hurt economic prospects in the global South, and the polarization will become more evident,” he […]
- India greatly sensitive to needs of Lanka – PM Modi (Category: Breaking News)
- India best-placed to talk to the rich about poor countries’ indebtedness: Prez (Category: Breaking News)
- A Sri Lankan initiative to meet global challenges (Category: Breaking News)
- Global economy dangerously close to a recession: World Bank (Category: Breaking News)
[…]The post Only A Unified Approach Can Solve The Economic Crisis appeared first on Colombo Telegraph.
- People’s Preamble To IMF Technical Report (Category: Breaking News)
- If The Speaker Had Become The President, The Economic Crisis Might Have Been Eased By Now (Category: Breaking News)
- Entrepreneurs Argue Against Unpredictable Exchange Rate, Interest Rates & Tax Policy (Category: Breaking News)
- IMF’s Prescription: Panacea Or Palliative? (Category: Breaking News)
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