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Cash-strapped Pakistan is poised to receive a $1.1bn loan tranche from the International Monetary Fund (IMF) after a key meeting of the international lender’s executive board on Monday, even as economists have warned that the country needs deep reforms to reduce its dependence on overseas financial assistance. Late on Monday night, Pakistan’s Ministry of Finance […]
[…]The post Second Bid To Extricate From UNHRC Resolution Likely To Fail appeared first on Colombo Telegraph.
[…]The post Lessons From America appeared first on Colombo Telegraph.
AstraZeneca has admitted that its COVID-19 vaccine could cause a rare but deadly blood-clotting condition, potentially exposing the UK pharmaceutical giant to tens of millions in lawsuits brought by loved ones of those injured or killed as a result of the jab, according to court documents. Lawyers representing “dozens” of class-action claimants say some of […]
CoA to take up petition on May 2 Justice Minister Dr. Wijeyadasa Rajapakshe, PC, has moved the Court of Appeal (CoA) to invalidate the ruling given by the Colombo District Court against him recently. The CoA has ordered a petition filed seeking to invalidate the recent order preventing the Justice Minister from functioning as the […]
A leading Sri Lankan businessman, through his company Supreme Global Holdings, has entered the race to acquire the national carrier, SriLankan Airlines. The Expression of Interest (EOI) process, which concluded today, saw the surprising participation of Supreme Global, signaling a potentially transformative shift in the airline’s ownership and management. Supreme Global has formed a robust […...
A leading Sri Lankan businessman, through his company Supreme Global Holdings, has entered the race to acquire the national carrier, SriLankan Airlines. The Expression of Interest (EOI) process, which concluded today, saw the surprising participation of Supreme Global, signaling a potentially transformative shift in the airline’s ownership and management. Supreme Global has formed a robust […...
[…]The post Classical Erudition Of SWRD Bandaranaike appeared first on Colombo Telegraph.
Rallies have taken place across Australia in response to a wave of recent violence against women. Demonstrators want gender-based violence to be declared a national emergency and stricter laws put in place to stop it. Prime Minister Anthony Albanese said the issue was a national crisis. In Australia, a woman has been killed on average […]
By N Sathiya Moorthy If there is one job that is more difficult than being the CEO of a global government, it is being the elected Executive President of Sri Lanka – or, any other democracy of disproportionate sizes. Notwithstanding what incumbent Ranil Wickremesinghe has since said about the future of Executive Presidency – conveniently, […]
JVP/NPP leader Anura Kumara Dissanayake, who is currently visiting Sweden, says Sri Lanka’s crisis has arisen from the prevailing political culture, which needs a radical shake-up. Addressing a group of Sri Lankan expatriates at Stockholm on Saturday, Dissanayake said it was only through political means that changes had to be introduced. He said that there […]
May Day rallies: by Chaminda Silva Colombo Municipal Council Commissioner Bhadrani Jayawardena said political parties, including the UNP, SLPP, SJB and JVP/NPP and many civil organisations, have reserved public grounds and places in the city for the upcoming May Day celebrations. She said that the Municipal authorities expect around 500,000 persons to arrive in Colombo […]
Monday 29th April, 2024 The Committee on Public Finance (COPF), headed by SJB MP Dr. Harsha de Silva, is reported to have called upon the government to re-evaluate its tax policies, systems and mechanisms to boost state revenue. It has reportedly explained revenue losses in terms of what has come to be known as the […]
The Colombo International Tea Convention will be held from the 24th to the 26th July 2024, bringing together the biggest leaders and disruptors of the tea industry to inspire insightful conversation, hard hitting dialogue and fresh perspectives that will shape the future of Tea. The convention, freshly rebranded under the timely theme Tea: A Lifestyle […]
The Annual Economic Review and Financial Statements and Operations of the Central Bank for the Year 2023 points out that backtracking from the implemented and planned critical reforms will tip the economy to a state of instability. Thus, continuing with the broader political and social consensus on economic reforms will be critical to avoid recurring […]
[…]The post Foreign Debt Restructuring: Too Late & Too Short To Get Out Of The Debt Trap appeared first on Colombo Telegraph.
Leader of the National People s Power (NPP) Anura Kumara Dissanayaka states that opposing political factions might unite in order to ensure that the NPP will not come into power.
In the sleepy, verdant village of Ambagaswewa, in the Polonnaruwa district of Sri Lanka’s North Central province, 63-year-old TMH Gamini Sunil Thennakoon’s life is peaceful for the most part. On the brink of retirement, he still spends most days out working his rice paddies but is also content spending his days playing with his grandchildren […]
Efforts to attract international players to invest in Sri Lanka’s Oil and Gas exploration in the Mannar Basin have once again been gridlocked by legal challenges in the Court of Appeal. A statement noted that Sri Lanka’s efforts to attract and leverage international investment into exploration and commercialisation two blocks adding to over 5,000 square […]
[…]The post Sri Lanka’s Political Landscape: Navigating A Tripartite Contest appeared first on Colombo Telegraph.
[…]The post From Absurdities To Atrocities, Again? appeared first on Colombo Telegraph.
Sri Lanka’s efforts to attract and leverage international investment into exploration and commercialisation of two blocks adding to over 5,000 square kilometers with potential oil and gas resources in the Mannar Basin have once again been gridlocked by legal challenges in the Court of Appeal. According to the latest developments in the CA (Writ) Application […]
Japanese Foreign Minister Yoko Kamikawa is to visit Sri Lanka this week, the Japanese Foreign Ministry announced. According to the Kathmandu Post, Kamikawa will arrive in Kathmandu on May 4 via Sri Lanka on a two-day Nepal visit. Japan has established a deep relationship of trust with both Sri Lanka and Nepal based on long […]
[…]The post American Chaos, Modi’s Heatwave & Ranil As Common Government Candidate appeared first on Colombo Telegraph.
[…]The post A Season Of Fun & Frolic; Every Pantaloon Is Running Loose appeared first on Colombo Telegraph.
[…]The post Debate Between Presidential Candidates First: A Point Of View appeared first on Colombo Telegraph.
Video: Several political decisions taken at meeting between President & ruling party MPs (English)
Reuters says that Sri Lanka has decided to transfer management of its $209 million Chinese-funded airport to two companies from India and Russia, according to a statement from the cabinet on Friday.The post Sri Lanka turns to Indian and Russian companies to manage Chinese-funded Airport appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
[…]The post Wither The Muslim Parties appeared first on Colombo Telegraph.
A special meeting of the Members of Parliament representing the ruling party led by President Ranil Wickremesinghe has been held at the Presidential Secretariat last night (25).