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By N Sathiya Moorthy First, it was former Central Bank Governor Dr Indrajith Kumaraswamy. He was the chosen man of President Ranil Wickremesinghe, the then Prime Minister, for the job after his previous choice from Singapore, Arjuna Mahendran, scooted away in the light of the ‘bonds scam’ expose. The man is yet to be traced, for […]
Sri Lanka has paid off the entirety of USD $200 million loan from Bangladesh, taken through a currency exchange agreement two years ago to survive the severe dollar shortage.The post Sri Lanka pays off $200 million loan from Bangladesh with $4.5 million interest appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
by Rex Clementine The Asia Cup final last Sunday was a bitter pill to swallow. While 35,000 adoring fans turned up at RPS paying through the nose to witness a good game of cricket, most streets in the country were deserted as millions of ardent fans watched the proceedings on television with keenness hoping for […]
Sri Lanka has paid off the entirety of USD $200 million loan from Bangladesh, taken through a currency exchange agreement two years ago to survive the severe dollar shortage. In the last instalment, Sri Lanka paid about $50 million and $4.5 million in interest on the loan on Thursday night, a senior official of Bangladesh […]
[…]The post 117th Birth Anniversary & Long Legacy Of JR Jayewardene appeared first on Colombo Telegraph.
[…]The post Lawyers Collective Condemns The Recent Anti-Terrorism & Online Safety Bills appeared first on Colombo Telegraph.
The U.S. Ambassador to Sri Lanka Julie Chung said stability should not come at the sacrifice of the values of freedom of expression, whether through peaceful protest, expression through the arts, or through social media.The post Stability should not come at the sacrifice of values of freedom of expression: U.S. Ambassador appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Sri Lanka has called for reform in multilateral institutions like the UN, particularly the expansion of the Security Council’s composition. President Ranil Wickremesinghe addressed the UN General Assembly in New York yesterday which reflected on the theme of “Rebuilding trust and reigniting solidarity” and its relevance to Sri Lanka’s recent challenges. He mentioned how Sri...
Sri Lanka President Ranil Wickremesinghe addressed the UN General Assembly in New York yesterday (September 21) which reflected on the theme of “Rebuilding trust and reigniting solidarity” and its relevance to Sri Lanka’s recent challenges.The post Sri Lanka President address at the UNGA highlighting Sri Lanka’s journey to rebuild trust and global solidarity appeared first on ONLANKA - Sri L...
President Ranil Wickremesinghe addressed the UN General Assembly in New York on Thursday (21) on the theme “Rebuilding trust and reigniting solidarity” and its relevance to Sri Lanka’s recent challenges. He mentioned how Sri Lanka faced significant social, economic and political challenges in the past year, including threats to democratic traditions but has managed to […]
[…]The post SL Debt Justice Collective Writes Open Letter To IMF On DDO appeared first on Colombo Telegraph.
The President of Iran Ebrahim Raisi says there is potential to increase economic cooperation with Sri Lanka. President Ranil Wickremesinghe met Ebrahim Raisi on the sidelines of the UNGA in New York. President Wickremesinghe referred to the longstanding close cooperation with Iran and the mutual support extended by both countries to each other over the […]
Addressing the High-level Dialogue on Financing for Development, President Ranil Wickremesinghe emphasized the critical issues facing middle-income countries in times of financial distress. He drew attention to the challenges these countries face due to the lack of a common framework and procedures and stressed the need for a comprehensive plan to address the financial difficulties […]
President Ranil Wickremesinghe, speaking at the Climate Ambition Summit on the sidelines of the UN General Assembly on Wednesday (20), affirmed Sri Lanka’s commitment to the Secretary General’s accelerated climate agenda. He highlighted the importance of tangible climate actions and commended the delegates for their valuable suggestions. President Wickremesinghe drew attention to the significant e...
President Ranil Wickremesinghe met USAID Administrator, Samantha Power, on the sidelines of the UNGA, in New York, on Tuesday (19). During the discussions the President expressed his appreciation for the support extended by USAID to Sri Lanka during the financial crisis. The President
The Committee on Public Enterprises (COPE), on Tuesday (19), instructed the Sri Lanka Tea Board to submit a report within three months detailing the outcomes of all the money they spend on promoting tea. Chairman of COPE, Prof. Ranjith Bandara made this directive when it was revealed that the Tea Board had spent about Rs […]
Addressing the SDG Summit 2023, President Ranil Wickremesinghe delivered a stark assessment of the global progress towards achieving the Sustainable Development Goals. He emphasized that the current state of SDG advancement globally is unsatisfactory, with only 12% of the targets on track while no progress has been made in 30% of the other critical targets. […]
At IFA 2023, Europe’s largest consumer trade show held in Berlin, Germany, Samsung Electronics underscored its vision for the future of home living — powered by the company’s cutting-edge devices and leading Bespoke products. Notable figures from Samsung and partner companies outlined Samsung’s plans to drive positive change through exceptional innovation, impacting the individual lives […]
Virtusa, a global provider of digital strategy, digital engineering and IT services and solutions, was named the leader in the Technology Sector for yet another consecutive year by LMD Magazine, as they announced the Most Respected Entities in Sri Lanka for the year 2023. Virtusa’s successive inclusion in this celebrated survey serves as testament to […]
Ukraine President Volodymyr Zelenskyy says Ukraine has delivered grain to Sri Lanka and other countries despite Russia’s maritime blockade. He says he reminded the SDG Summit held in the US that despite Russia’s maritime blockade, Ukraine has delivered grain to many countries around the globe. The President named Algeria, Djibouti, Egypt, Kenya, Libya, Lebanon, Morocco, […]
President Ranil Wickremesinghe met USAID Administrator, Samantha Power, on the side-lines of the UNGA in New York. During the discussions the President expressed his appreciation for the support extended by USAID to Sri Lanka during the financial crisis and presented a short briefing
Sri Lanka President Ranil Wickremesinghe met with USAID Administrator, Samantha Power yesterday (September 19), on the sidelines of the UN General Assembly in New York.The post USAID will continue to support Sri Lanka’s recovery – Samantha Power assures appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Bangladesh did not expect Sri Lanka to pay back the loan so fast, Bangladesh Prime Minister Sheikh Hasina said. Hasina informed President Wickremesinghe that she was pleased with Sri Lanka’s speedy recovery from the financial crisis. Meanwhile, Wickremesinghe apologized to Hasina for not being able
during the financial crisis, the President’s Media Division said. The President presented a short […]
Recognises Bank for highest number of transactions in country’s trade and supply chain finance domain between 1 July 2022 and 30 June 2023 The Commercial Bank of Ceylon has once again been declared the Asian Development Bank’s (ADB’s) ‘Leading Partner Bank’ in Sri Lanka for trade and finance transactions, in a significant reaffirmation of the […]
[…]The post IMF & Global Debt Crises appeared first on Colombo Telegraph.
South Korean President Yoon Suk-yeol pledged his support for Sri Lankan President Ranil Wickremesinghe’s economic recovery plan for Sri Lanka and praised his counterpart’s program aimed at alleviating the severe economic crisis in the country and commended his dedication.The post South Korea
The Sri Lanka Delegation, led by President Ranil Wickremesinghe, engaged in high-level discussions with World Bank President Mr. Ajay Banga and other World Bank officials at the World Bank Headquarters (UNHQ) yesterday (September 18).The post Sri Lanka President Ranil Wickremesinghe meets with World Bank Chief Ajay Banga appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
“Our focus is on achieving 70% renewable energy by 2023. This includes 25% from solar panels, 15% from wind power, and 10% from natural gas. However, transitioning the energy mix is a gradual process, requiring meticulous planning and execution. We aim to reach 60% renewable energy by 2026 and eliminate fossil fuel-based electricity generation by […]
by Jehan Perera The Channel 4 documentary that claims to give the story behind the Easter bombing has restarted the debate, within the country, about who was behind the foul deed, and why. The answer is not proving to be simple. It has become the subject of anger, threat and controversy. The identities of the […]