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Sri Lanka and Argentina remain very vulnerable amid a worsening in global financial conditions while China has suffered a sharp deterioration in financial resilience since pre-COVID times, a think-tank study found on Wednesday.
The Sri Lanka Apparel Exporters Association (SLAEA) participated in the 16th Global Textile and Apparel Supply Chain Conference held in Shanghai, China recently with a focus on innovation and the development of national high-end textile advanced manufacturing clusters. Representing Sri Lanka at the annual conference, President of SLAEA Indika Liyanahewage spoke on ‘Green dynamics and […]
- First Taiwan textile fair in Colombo in Oct. (Category: Business)
- Sri Lanka’s apparel manufacturing industry asserts importance of Vertical Integration, improved ... (Category: Breaking News)
- Textured Jersey to knit new dimension at SLDF 2011 (Category: Business)
- Sri Lanka textile factory by Jay Jay Mills in Eravur zone (Category: Breaking News)
[…]The post Akin To Fiddling When Rome Is Burning appeared first on Colombo Telegraph.
- Time For Truth Come Out (Category: Breaking News)
- President Needs Trust To Succeed In Problem Solving (Category: Breaking News)
- Consolidating Economic Recovery Needs No Referendum (Category: Breaking News)
- Preparing For Free & Fair Elections (Category: Breaking News)
By Jehan Perera With presidential elections due in less than a year, President Ranil Wickremesinghe has embarked upon a course of electoral reforms of major proportions, for which he has appointed a presidential commission of inquiry. He appears to have done so without consultations with opposition parties or civil society. Both these groups were caught […]
- Lawyers’ Collective expresses concern over Commission of Inquiry on Electoral Process (Category: Breaking News)
- PCoI on electoral reforms seek written proposals and opinions from interested parties (Category: Breaking News)
- Akin To Fiddling When Rome Is Burning (Category: Breaking News)
- PRESIDENT’S NEED TO BUILD TRUST AT ALL LEVELS TO GET REFORMS THROUGH (Category: Breaking News)
Latest ‘Mood of the Nation’ poll shows a large reversal in sentiment The approval rating of the government has fallen from 21% in June 2023 to 9% in October 2023 according to the latest round of the Gallup style ‘Mood of the Nation’ poll conducted by Verité Research.The survey has shown that satisfaction with the state of […]
- Govt. approval rating drops to 10% (Category: Breaking News)
- Sri Lanka government approval rating 3-pct, economic confidence minus: poll (Category: Breaking News)
- CPA survey claims JVP Leader most popular with 48.5% of those surveyed (Category: Breaking News)
- India: 53% want Modi to be PM in 2024 too (Category: Breaking News)
[…]The post SOE 2023: IPS Offers Some Inputs To Proposed Growth Lab appeared first on Colombo Telegraph.
- Child’s Guide To Ranilnomics: Don’t Ignore The Message Delivered By IPS SOE22 (Category: Breaking News)
- Plan For Transforming The Economy: Lacking Democratic Policy Governance, Will It Be Another Fail... (Category: Breaking News)
- Navigating The Economic Reawakening & Sustainable Growth (Category: Breaking News)
- IMF Facility? Is It Sufficient To Deliver Prosperity To Sri Lankans? (Category: Breaking News)
By N Sathiya Moorthy In a television interview last month, Foreign Minister Ali Sabry reportedly said that the Government of President Ranil Wicrkemesinghe has taken ‘substantial steps to move away from a Welfare State’ in the last 18 months. And he said it not as if it was inevitable under the nation’s economic circumstances and […]
- After privatisation, who is going to feed the ‘gutter people’? (Category: Breaking News)
- IMF does not support providing subsidies to everyone in Sri Lanka (Category: Breaking News)
- IMF says economic recovery in Sri Lanka remains challenging (Category: Breaking News)
- IMF says full economic recovery in Sri Lanka is not yet assured (Category: Breaking News)
ECONOMYNEXT –Opposition and SJB leader Sajith Premadasa has accused the government of shrinking the economy through its proposal to increase value added tax (VAT) to 18 percent, claiming that it will reduce spending and investments. Speaking at an event on Friday November 03, Premadasa said Sri
- Sajith slams Ranil’s Red Sea move (Category: Breaking News)
- JVP lashes SLPP’s VAT “dupliciy” (Category: Breaking News)
- Debate on VAT Bill: Parliament session adjourned (Category: Breaking News)
- JVP-led CTSU threatens protests against VAT on school materials (Category: Breaking News)
The World Bank’s Managing Director for Operations, Anna Bjerde, concluded her four-day visit to Sri Lanka on Wednesday (November 01), encouraging the Government of Sri Lanka to stay the course on reforms for recovery and sustainable growth.The post World Bank’s Managing Director urges need for reform continuity, concludes visit to Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaki...
- WB s Managing Director concludes visit to Sri Lanka, stresses need to pursue reforms, invest in ... (Category: Breaking News)
- World Bank calls on Sri Lanka to stay the course on reforms (Category: Breaking News)
- World Bank’s High-Level Visit Marks Milestone in Advancing Climate-Smart Agriculture in Sri Lank... (Category: Breaking News)
- World Bank s high-level visit marks milestone in advancing climate-smart agriculture in Sri Lank... (Category: Breaking News)
Calls for industry-led solutions to achieve market penetration and growth in the Digital Economy.
Sri Lanka’s digital retail payments are poised for remarkable expansion, with the potential to reach up to Rs 77.2 trillion by 2027, according to analysis by Robocash Sri Lanka. This represents a substantial 128 percent increase from the 2022 level. The optimistic forecast by the company is contingent on the assumption that all major macroeconomic […]
- President promises five percent economic growth in 2026/27 under current economic policies (Category: Breaking News)
- Prez presents Budget to ‘build foundation of Sri Lanka’s recovery’ (Category: Breaking News)
- Sri Lanka Insurance makes record profit of Rs. 7.7 billion before taxation for 2022 first half (Category: Breaking News)
- Harsha hints at Chinese hurdle in debt relief talks (Category: Breaking News)
[…]The post From King Elara To Narendra Modi, Evolution Of A Geopolitical Impasse appeared first on Colombo Telegraph.
- Destination Delhi: Roving President’s Next Port Of Call (Category: Breaking News)
- Modi-Wickremesinghe Tamil Drama (Category: Breaking News)
- Connectivity Or Captivity? (Category: Breaking News)
- India Is Over The Moon, Ranil Wants Sri Lankan Children Taught Hindi & Chinese (Category: Breaking News)
In a significant development, Sri Lanka is making notable strides towards combating climate change and transitioning into a green economy. Speaking at an international forum, President, Ranil Wickremesinghe, outlined the country s ambitious plans for environmental sustainability and economic growth.
[…]The post Doctors’ Brain Drain: Health Security Concern In Sri Lanka appeared first on Colombo Telegraph.
- Flight Of Human Capital – A Catastrophic Fait Accompli (Category: Breaking News)
- What Is To Be Done? – Anura Kumara Dissanayake (Category: Breaking News)
- Using Vaccines Against Covid Is Far Cheaper & Safer Than Using Local Brews! (Category: Breaking News)
- Using Vaccines Against Covid Is Far Cheaper & Safer Than Using Local Brews! (Category: Breaking News)
[…]The post BRI Dynamics & Politics Of Cabinet Reshuffle appeared first on Colombo Telegraph.
- Wickremesinghe Is Caught Between A Rock & A Hard Place (Category: Breaking News)
- The Destiny Of China’s Colony Of Sri Lanka (Category: Breaking News)
- The China-Lanka Conundrum (Category: Breaking News)
- Sri Lanka: Surviving The 75th Year Of Independence (Category: Breaking News)
Cassandra is sick to her innermost core seeing on TV daily, multiple protests of motley crowds toting banners and marching all across roads and in many instances being tear gassed and water cannoned. She is sure that like her, five sixths of adult citizens in this doomed and gloomed land are sick of these protests. […]
- Cass County sheriff's office investigates latest ATM theft (Category: USA, North Dakota)
- Cass County sheriff's office investigates latest ATM theft (Category: USA, North Dakota)
- Cass County sheriff's office investigates latest ATM theft (Category: USA, North Dakota)
- Cass County sheriff's office investigates latest ATM theft (Category: USA, North Dakota)
President Ranil Wickremesinghe, on Wednesday night, speaking at the National Industry Awards ceremony, acknowledged the challenging decision to increase the Value Added Tax (VAT) to 18 percent, emphasising the imperative need to maintain economic stability. National Industry Excellence Awards 2023 was held at the Nelum Pokuna Theatre in Colombo. President Wickremesinghe stressed the importance of ...
- Prez promotes use of AI in local film industry (Category: Breaking News)
- French President Emmanuel Macron to visit Sri Lanka today (Category: Breaking News)
- Bank loan concessions for small- medium-scale industries in upcoming budget  President (Category: Breaking News)
- President, GL receive awards (Category: Breaking News)
In a significant development that marks a milestone in Sri Lanka’s economic and technological journey, the 12th Round of Economic and Technology Cooperation Agreement (ETCA) negotiations between Sri Lanka and India took place from the 30th of October to the 1st of November 2023 in Colombo. Sri Lanka’s vision has always been to integrate with […]
- Government land policy is fair- Keheliya (Category: Breaking News)
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
As Sri Lanka recovers from a series of unprecedented shocks with devastating impacts, it is crucial to stay the course on sound and timely reforms in order to stabilize the economy, World Bank Managing Director for Operations, Anna Bjerde, said. Anna Bjerde, who concluded a four-day visit to Sri
- World Bank and IMF discuss Sri Lanka’s reform agenda (Category: Breaking News)
- World Bank’s Managing Director urges need for reform continuity, concludes visit to Sri Lanka (Category: Breaking News)
- WB s Managing Director concludes visit to Sri Lanka, stresses need to pursue reforms, invest in ... (Category: Breaking News)
- World Bank reiterates support to stabilize Sri Lanka s economy (Category: Breaking News)
By Shamindra Ferdinando Justice Minister Dr. Wijeyadasa Rajapakshe, PC, has said the Foreign Exchange Act No 12 of 2017, enacted during the Yahapalana administration was meant to facilitate the operations of those who exploited the system for their benefit. The new Act had repealed the Exchange Control Act of 1953, Dr. Rajapakshe said, adding that the Yahapalana move […]
- SLPP rebels propose amendments to 2017 Foreign Exchange Act to overcome financial crisis (Category: Breaking News)
- Little headway in cleaning mess (Category: Breaking News)
- Justice Minister alleges NARA causes massive revenue losses, opposes remedial measures (Category: Breaking News)
- Proper procedure to be introduced to burn 3,000kg of seized narcotics (Category: Breaking News)
• Profit before Tax accelerated 100.75% to LKR 7,181 Mn • Overall Statutory Liquid Assets Ratio is 39.10% at 30 Sept ‘23 • Total Capital Adequacy Ratio of 15.29% as at 30 Sept ‘23 Seylan Bank announced an impressive Profit after Tax (PAT) of LKR 4.49 billion for the nine months ended September 30, 2023, […]
- ‘People’s Bank continues to maintain steadfast performance’ (Category: Breaking News)
- ‘Bank of Ceylon reiterates its leadership position with industry leading performance’ (Category: Breaking News)
- Lending-focused ComBank posts robust Q3 balance sheet growth (Category: Breaking News)
- Sampath Bank posts steady results for First Quarter of 2024 (Category: Breaking News)
[…]The post The Urgent & Critical Issues Related To Climate Change appeared first on Colombo Telegraph.
- An Oxygen Economy (Category: Breaking News)
- Is Sri Lanka Ready For The Climate Conference? (Category: Breaking News)
- Forget The politicians & Their Bureaucrats, This Is Why We The Public, Need To Understand Climat... (Category: Breaking News)
- Of That Heavy Carbon Footprint (Category: Breaking News)
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