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At first glance, life in Sri Lanka's financial capital Colombo looks deceptively normal.The post Is the worst over for Sri Lanka’s economic crisis? appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
During a discussion with Tamil Parliamentarians representing the North and East on Tuesday (18), President Ranil Wickremesinghe emphasized that he has already put forth a comprehensive proposal to address the problems faced by the people in those regions and it is up to the Tamil Parliamentarians whether to take it forward or not. President Wickremesinghe […]
Sri Lanka born international economist Dr. Howard Nicholas of Erasmus University, Netherlands has categorically stated that Sri Lanka must not adopt the IMF recommendations on monetary policy for it has no rational basis and evidence of success anywhere in the world. Coming from a Western based economist that provides a lot of food for thought […]
The 2026 Commonwealth Games are in doubt after the Australian state of Victoria cancelled its plans to host due to budget blowouts. The Commonwealth Games Federation (CGF) struggled to find a host before Victoria volunteered in April 2022. But the premier said the projected cost had now tripled and become “well and truly too much” […]
The 2026 Commonwealth Games are in doubt after the Australian state of Victoria cancelled its plans to host due to budget blowouts. The Commonwealth Games Federation (CGF) struggled to find a host before Victoria volunteered in April 2022. But the premier said the projected cost had now tripled and become “well and truly too much” […]
A joint commission established to strengthen bilateral connectivity has held Âproductive discussions on the resumption of ferry services between India and Sri Lanka to boost regional trade and tourism and promote stronger people-to-people ties.
[…]The post Speeding Up Recovery Requires Consistency appeared first on Colombo Telegraph.
The European Union (EU) Delegation to Sri Lanka and the Maldives held its first Team Europe “BIOthlon” on 24-25th June in Kalpitiya. The event was organised to highlight Kalpitiya as a top destination for sports tourism while celebrating it as one of Sri Lanka’s biodiversity hubs. The two-day event brought in over 35 participants including renowned Sri Lankan […]
[…]The post Debt Restructuring, Austerity, & The IMF: A Solution Or A Worsening Of The Problem? appeared first on Colombo Telegraph.
Monday 17th July, 2023 The Parliamentary Select Committee (PSC) appointed by Speaker Mahinda Yapa Abeywardena to investigate the causes of the country’s bankruptcy has come in for severe criticism, and understandably so. The Opposition has rightly pointed out that the PSC cannot be expected to act impartially under the chairmanship of General Secretary of the […]
Minister of Wildlife and Forest Resources Conservation Pavithra Wanniarachchi says that a long-term and effective program should be prepared following a comprehensive discussion by integrating the institutions related to the tourism industry.
Mrs. India Inc, the esteemed beauty pageant celebrating the essence of womanhood, is all set to unveil its highly anticipated Season 4. This year promises to be a truly remarkable and international affair, as the grand finale will take place in Sri Lanka. It will be the first time in the history of Mrs. India […]
The body of the 32-year-old Danish woman who had reportedly gone missing since July 10 while hiking on the Alagalla mountain range in Kadugannawa, Sri Lanka has been found today (July 14).The post Missing Danish woman’s body found at the Alagalla mountain in Kadugannawa appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
by Y P Prakash India’s Union Minister of Civil Aviation, Jyotiraditya Scindia, has announced that the frequency of flights connecting Chennai and Sri Lanka’s Jaffna will be increased to daily services starting from July 16. This move is expected to significantly enhance trade and commerce between the two countries, according to Scindia. Scindia delivered this […]
By Shyam Nuwan Ganewatta The IMF in 2020 told nations around the world that they should maintain a budget deficit to tackle the effects of COVID-19, however, two years later, the IMF insists that this would lead to chaos, Dr. Howard Nicholas, senior lecturer at Erasmus University – Rotterdam, and International Institute of Social Studies […]
Tourism Minister Harun Fernando met rape accused Danushka Gunathilaka in Australia. Fernando posted an image meeting with Gunathilaka in the presence of former captain Sanath Jayasuriya. “Nice to see you brother,” Fernando said in one post. Fernando was in Australia to promote tourism in Sri Lanka. Gunathilaka is facing one count of sexual intercourse without […]
A number of Indian stars, including Malaika Arora, and Dino Morea are set to attend the Mrs. India Inc Season 4 which will be held in Sri Lanka for the first time. Organisers said that this year promises to be a truly remarkable and international affair, as the grand finale will take place in the […]
Thai AirAsia airline resumed operations from Bangkok to Colombo route yesterday (July 9), the Airport and Aviation Services (Sri Lanka) (Private) Limited (AASL) said.The post Thai AirAsia resumes flights from Bangkok to Colombo appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
The Small Medium Enterprise (SME) sector is a key driver for change of inclusive economic growth, regional development, employment generation and poverty reduction and is the backbone of the economy in Sri Lanka. Supporting this National agenda for the development of the sector, for over 25 years, Union Bank has provided its services to uplift […]
AirAsia resumed direct flights between Bangkok and Colombo, Airport and Aviation Services (Sri Lanka) (Private) Limited said. AirAsia resumed the popular Bangkok (Don Mueang) to Colombo route today (9th July 2023). The new services to the capital of Sri Lanka will operate four times weekly. Resuming its operations, the first flight arrived at the BIA […]
by Sanath Nanayakkare Tourism State Minister Diana Gamage said in Colombo last week that Miss World Tourism 2023 which would take place in Sri Lanka from July 20th to 30th would get participants from 40 countries, some of whom have little awareness about the country and would never visit it if not for the upcoming […]
Expressing his gratitude to “trustworthy friend” India for saving Sri Lanka and preventing a “bloodbath” during its unprecedented economic crisis last year, Parliament Speaker Mahinda Yapa Abeywardena has said that not a single nation has extended that kind of assistance to Colombo as done by New Delhi.The post Sri Lanka’s Speaker thanks India, Indian Prime Minister Modi for help during fina...
The historic ‘Visumpaya’ building in Colombo, once used as the Prime Minister’s official residence, is to be transformed into a boutique hotel by renowned hotelier Adrian Zecha. The Urban Development Authority (UDA) has signed an agreement to lease on long term the prestigious ‘Visumpaya’ property, located at No. 25, Lillie Street, Colombo 2, to Azotels […]
Udeni Kaluthantri, a 54-year-old port worker, became an overnight sensation last year for reasons that had nothing to do with his job. Days after protesters stormed the presidential palace in the Sri Lankan capital Colombo, a video surfaced of Mr Kaluthantri lounging on a bed draped with the presidential flag. Pictures of young men jumping […]
Thilo W. Hoffmann biography S. A. I. Elapatha Forty years ago, a young man with a Master’s Degree in Agriculture in his pocket, set out for Sri Lanka to be employed in a well established and reputable foreign Company of the same nationality as his. Born in 1922, the son of a well known paediatrician […]
The man charged with clawing Sri Lanka out of bankruptcy says he had warned about economic calamity years before it hit and was pressed into retirement for his troubles.The post ‘No second chance’ to save Sri Lanka, central banker warns appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
India plans to allow Sri Lanka up to 12 years to repay its debt to help ease the financial burden on the island nation, India’s Export Credit Guarantee Corporation (ECGC) Ltd’s chairman-cum-managing director M. Senthilnathan said.The post India to allow Sri Lanka to repay debt over 12 years appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Ella Odyssey is part of Sri Lanka’s commemoration of 75 years of independence and 75 years of diplomacy testament to the country’s enduring engagement with the international community.The post The Ella Odyssey: 75 Years of Diplomacy appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
A year after angry Sri Lankans stormed the president's residence and forced his ouster during a meltdown of the economy, the island's streets are calm, there are no serpentine queues at fuel stations and hours-long power cuts have ended.The post Analysis: A year later, Sri Lanka’s tentative economic recovery eludes the poor appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top S...
Attempts made by SriLankan Airlines to recruit foreigners had failed due to low pay and high taxes here, Sri Lanka Freedom Party (SLFP) MP Dayasiri Jayasekera told Parliament on Friday (07).He said that the management of SriLankan and the line Minister were encouraging pilots to leave the airline. “The dispute between pilots and the management […]