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Let us set the record straight, officially Retired Rear Admiral Sarath Weerasekera recently declared that in his capacity as Chairman of the Sectoral Oversight Committee on National Security he would present to President Ranil Wickremesinghe a comprehensive report on how the war was conducted. The recent US denial of a visa to Adm. Weerasekera underlines […]
- Prez recalls debilitating Elephant Pass setback at Reid Avenue talk (Category: Breaking News)
- A message from Keith Noyahr at the launch of ‘Notes from the battlefield’ (Category: Breaking News)
- Blind security sector reforms: (Category: Breaking News)
- Vanni war and Israel-Gaza conflict: Funding catastrophes (Category: Breaking News)
by Amal de Chickera At the very centre of the catastrophe, are the people of Gaza themselves, caged in, bombed out, starved, parched, killed. Palestinians in the West Bank and East Jerusalem, the Palestinian diaspora, Israeli allies who are anti-occupation, anti-authoritarianism and pro-peace, citizens of the world with a conscience – all of us are […]
- The mathematics of Israel (Category: Breaking News)
- Recognition of Palestine’s statehood : SL should follow Norway, etc., – former top Lankan diplomat (Category: Breaking News)
- Mid-East violence underscores need for Two-State solution (Category: Breaking News)
- The Cauldrons We Make (Category: Breaking News)
Sri Lanka’s Parliament today raised concerns over the crisis in Gaza and called for a special debate on the issue. Opposition Leader Sajith Premadasa proposed that Parliament debate the crisis that has led to hundreds of deaths in Gaza. He also called for peace talks between Israel
- Egypt and US agree to allow aid into Gaza (Category: Breaking News)
- Biden to visit Israel on Wednesday (Category: Breaking News)
- ‘No sign of life’ at Raisi helicopter wreck site – state TV (Category: Breaking News)
- Mother and daughter US hostages released by Hamas (Category: Breaking News)
Fitch Ratings has affirmed the National Insurer Financial Strength (IFS) Ratings of several Sri Lankan insurers and removed them from Rating Watch Negative (RWN). The outlook is ‘Stable’.The post Fitch affirms ratings on 7 Sri Lankan insurers, removes negative watch appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Fitch downgrades seven Sri Lankan insurers’ national IFS ratings (Category: Breaking News)
- Fitch downgrades long-term ratings of 10 Sri Lankan Banks (Category: Breaking News)
- Fitch Ratings downgrades ratings of seven Sri Lankan insurers (Category: Breaking News)
- Fitch affirms rating on 15 Sri Lankan Banks – Removes Watch Negative (Category: Breaking News)
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)
[…]The post New Mandates Before New Amendments appeared first on Colombo Telegraph.
- Preparing The Ground For Early Elections (Category: Breaking News)
- Akin To Fiddling When Rome Is Burning (Category: Breaking News)
- President Needs Trust To Succeed In Problem Solving (Category: Breaking News)
- Preparing Or Posturing For Elections? (Category: Breaking News)
By Jehan Perera The interest in the electoral process has suddenly been sparked off by news that the government is contemplating holding a referendum on abolishing the executive presidency. The reported concern is that no candidate at presidential elections to be held next year will achieve the 50 percent mark to win the presidency at […]
- President needs to take up challenge of leaving a legacy (Category: Breaking News)
- Ranil is running out of time and tricks, now it’s time the people had their say (Category: Breaking News)
- New Mandates Before New Amendments (Category: Breaking News)
- Good King Ranil and his options: Keep running or end the Executive Presidency (Category: Breaking News)
The Government insists there is no move to resume the QR code system for fuel. Power and Energy Minister Kanchana Wijesekera said that there has not been any discussion on such a move. He said the Ministry of Power and Energy, the Ceylon Petroleum Corporation and Ceylon Petroleum Storage Terminals Limited (CPSTL) held discussions to […]
- Special category to increase fuel quota to be tested (Category: Breaking News)
- Electricity and fuel declared essential services (Category: Breaking News)
- Fuel shortage caused by delay in unloading (Category: Breaking News)
- Fuel quota increased for New Year festive season (Category: Breaking News)
The Department of Pension states that the department will have to face a financial crisis in paying pensions by the year 2028 or 2030.
‘Speaker’s silence meant he accepted revelation the US offered him a chance to lead interim administration’ By Shamindra Ferdinando Western powers backing President Ranil Wickremesinghe would allow him to postpone both presidential and parliamentary polls, National Freedom Front Leader Wimal Weerawansa has said.That would be in line with their overall strategy, the Colombo District lawmaker [̷...
- Prez needs fresh mandate to implement 13 A fully -Opp MPs (Category: Breaking News)
- Wimal questions JVP’s deafening silence over CIA Chief’s visit (Category: Breaking News)
- US pursuing ‘plan B’ with Prez, after Speaker turned down its offer (Category: Breaking News)
- Wimal alleges Ranil, Sajith, AKD pursuing IMF, India agendas (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 Beijing’s Belt and Road Initiative projects in Sri Lanka have not only laid a solid foundation and provided strong impetus for Sri Lanka to get out of the economic crisis and resume economic and social development, but also created thousands of jobs for local people, Chinese Ambassador Qi
- India, SL for increased cooperation in tourism (Category: Breaking News)
- India promises IT Park for Sri Lanka (Category: Breaking News)
- India promises IT Park for Sri Lanka (Category: Breaking News)
- Sri Lanka needs more marinas (Category: Breaking News)
On October 6 the Korean embassy led by Korean ambassador Miyon Lee hosted the National Foundation Day celebrations of the Republic of Korea, at the Shangri-La Hotel in Colombo. It is a monumental year to commemorate the 4355th anniversary of the establishment of the Korean nation and the 46th anniversary of the establishment of diplomatic […]
- Korean envoy calls on Prime Minister (Category: Breaking News)
- National Foundation Day Celebration of Republic of Korea held in Colombo (Category: Breaking News)
- KOICA upgrades Korean medical clinic at Ayurveda Hospital (Category: Breaking News)
- New visa rules will help bring in more Korean investment – Korean Ambassador (Category: Breaking News)
Government Medical Officers' Association (GMOA) met with President Ranil Wickremesinghe at the Presidential Secretariat today (October 13) and handed over an eight-step proposal on brain drain, health crisis and matters affecting the Doctors of this country.The post GMOA Presents Proposal
- GMOA presents eight point proposal to President (Category: Breaking News)
- GMOA Presents Eight-Step Proposal to President addressing Healthcare Challenges and Brain Drain (Category: Breaking News)
- President receives GMOA s proposal on solutions for health sector issues (Category: Breaking News)
- GMOA seeks Prez’s action for new salary structure, revision of allowances, increase for those un... (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)
Friday 13th October, 2023 A model parliamentary session held by a group of schoolchildren from Ratnapura, at the Presidential Secretariat, on Tuesday, has received much publicity. President Ranil Wickremesinghe, addressing the students, asked them to suggest solutions to their problems. The government was willing to consider them, he added. Tuesday’s event has come in for […]
- Road accidents have claimed lives of 115 children so far this year (Category: Breaking News)
- New school admissions dropped by 40,000 in 2023 (Category: Breaking News)
- Parliamentary Caucus for Children to meet next week (Category: Breaking News)
- Dengue spreading fast among children; docs ask parents to remain vigilant (Category: Breaking News)
By Uditha Devapriya One of Sri Lanka’s most distinguished yet underrated economists, S. B. D. de Silva died five years ago, on June 15. His magnum opus, The Political Economy of Underdevelopment, remains as underrated and under-read – one could say unread – as he. First published by Routledge in 1982, The Political Economy of […]
- SLPP MP asks FM for clarification (Category: Breaking News)
- Lanka’s ‘Royal’ mess explained by old boy (Category: Breaking News)
- COPF: Tax concessions granted to BoI enterprise should be scrutinised (Category: Breaking News)
- Sirisena floats broader coalition under UPFA umbrella (Category: Breaking News)
Sri Lanka has reached an agreement with the Export-Import Bank of China to cover about $4.2 billion of the island nation's outstanding debt, its finance ministry said in a statement on Thursday.The post Sri Lanka says it has deal with China EXIM bank covering $4.2 billion of debt appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- China says Exim Bank and Sri Lanka reached preliminary debt deal (Category: Breaking News)
- China’s EXIM bank offers Sri Lanka debt extension – report (Category: Breaking News)
- Analysis: China paves Sri Lanka’s way to IMF funds, but debt talks remain uncertain (Category: Breaking News)
- Sri Lanka expects financing assurances from China for IMF deal within days (Category: Breaking News)
… asks for early cross-party consensus By Shamindra Ferdinando Former Governor of the Central Bank Dr. Indrajith Coomaraswamy yesterday (11) threw his weight behind the International Monetary Fund’s (IMF) call for far reaching measures meant to stabilize the economy. The Washington headquartered lending agency recently suspended the US 2.9 bn bailout package, pending an agreement […]
- CBSL chief expresses optimism (Category: Breaking News)
- We are almost there with IMF bailout – CBSL Governor (Category: Breaking News)
- Talks between IMF and Sri Lanka kick off (Category: Breaking News)
- IMF team to visit Sri Lanka by month-end for staff-level agreement (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)
Discussions between Sri Lanka and all its creditors are ongoing, though the International Monetary Fund has not been informed about any specific agreements, its mission chief for the country said on Wednesday.The post Sri Lanka’s talks with creditors ongoing, unaware of specific deals – IMF appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Debt restructuring making progress in countries such as Sri Lanka – IMF (Category: Breaking News)
- IMF board poised to approve $2.9 billion Sri Lanka bailout (Category: Breaking News)
- IMF expects Sri Lanka to finalize deals with creditors soon (Category: Breaking News)
- There is “strong expectation” of Sri Lanka commercial creditor deal: IMF (Category: Breaking News)
The beleaguered dairy sector of Sri Lanka, which is facing its worst-ever economic crisis, will finally get back its say cheese moments with Indian dairy majors set to usher in a transformation in the island nation.
The Japanese Embassy in Colombo yesterday (10) said that since June last year, two million Lankans had benefited from a WFP programme funded by Japan. The announcement was made after Parliamentary Vice-Minister of Foreign Affairs Komura Masahiro attended the handing over of emergency food assistance and nutrition support at the President’s Office. Dr. R.H.S. Samaratunga, […]
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 Group has experienced a surge in applications […]
- 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)
President Ranil Wickremesinghe yesterday issued orders to police to provide necessary security measures for Israelis in Sri Lanka The President issued the directive during his briefing to the Cabinet of Ministers, the President’s Media Division (PMD) said. PMD said: In a briefing to the Cabinet, President Ranil Wickremesinghe expressed deep concern over the recent attacks […]
- President Ranil instructs to ensure safety of Sri Lankans in Israel (Category: Breaking News)
- Govt. committed to building a digitized modern Sri Lanka - President (Category: Breaking News)
- President says Sri Lanka needs to excel in healthcare to attract medical tourists (Category: Breaking News)
- President meets Sri Lankan Diaspora in Australia, outlines plans for economic modernization (Category: Breaking News)
Tuesday 10th October, 2023 President Ranil Wickremesinghe has reportedly taken exception to his likeness being used in cutouts, banners, posters, etc., and banned such representations of him. The erection of a cutout of Ozymandian proportions carrying his picture in Batticaloa is said to have irked him beyond measure. He had it removed immediately. That could […]
- President urges all political parties to unite to resurrect country (Category: Breaking News)
- President vows to safeguard country s education policies from political influence (Category: Breaking News)
- President Ranil calls for unity in building a new Sri Lanka (Category: Breaking News)
- Not the right time for Gotabaya Rajapaksa to return to Sri Lanka - President (Category: Breaking News)
An international consultant has been appointed to guide the restructuring process of SriLankan Airlines, Minister of Port, Shipping and Aviation Nimal Siripala de Silva said. The Minister said the consultant is expected to bring expertise and best practices to guide the restructuring efforts. Sri Lanka’s aviation sector has reported a substantial profit of Rs. 22 […]
- Government threatens to scrap monopoly given to SriLankan (Category: Breaking News)
- Auctioning of SriLankan Airlines postponed (Category: Breaking News)
- Government to sell 49 % stake in SriLankan (Category: Breaking News)
- New investor will get new planes for SriLankan Airlines (Category: Breaking News)
President Ranil Wickremesinghe has ordered Police protection for Israelis in Sri Lanka and also condemned the unprecedented attack by Hamas on Israel killing a large number of civilians. The President told the Cabinet that there are several Sri Lankans working in Israel and the Ministry of Foreign Affairs must locate them and ensure their safety. […]
- Debt restructuring to be completed before polls (Category: Breaking News)
- President to study letters sent by SLC to ICC (Category: Breaking News)
- India continues to top number of visitors to Sri Lanka (Category: Breaking News)
- President appoints new members to Anti-Corruption Commission (Category: Breaking News)
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