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Washington, DC – There are no takers for China quoting the scriptures on global peace in the context of the Russia-Ukraine conflict, with the United States even warning the Asian giant of the consequences should it interfere in the conflict on the side of Russia. The visit of US President Joe Biden to Ukraine in […]
By Y P Prakash Sri Lanka is a nation that has been plagued by political instability in recent years. The country has faced several political and economic crises, and there are concerns that it may plunge back into turmoil in early 2023. The postponement of the local government elections scheduled for early 2023 has raised […]
Wednesday 1st March, 2023 Sri Lanka finds itself in the same predicament as a gang rape victim being forcibly kept in the custody of her rapists. Those who are responsible for stealing public funds, mismanaging the economy and bankrupting it continue to be in power. Worse, while living high on the hog at the expense […]
Hatch has joined forces with Draper Startup House to unveil Colombo’s first-ever co-living space. The space marks the first phase of Hatch’s strategic partnership with Draper Startup House, and was officially opened by Silicon Valley billionaire investor Tim Draper during his recent visit to Sri Lanka. Through this initiative, Hatch serves to encourage digital nomad […]
[…]The post Sri Lanka’s Two Challenges: Economic Recovery & Political Devolution appeared first on Colombo Telegraph.
A decision has not been taken to suspend the fuel pass QR code system from April, Power and Energy Minister Kanchana Wijesekera said today. There were reports that the fuel pass QR code system will be suspended from 10th April. However, Wijesekera said the system will continue. He said that data
Sri Lanka’s tea production is expected to fully recover next year after last year’s drop, the country’s Environment Minister Naseer Ahamed said.The post Sri Lanka tea industry to fully recover next year, says minister appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Aljazeera reports that there is a severe shortage of greenbacks in Bangladesh due to its dwindling foreign reserves and a sharp drop in the value of its taka currency against the dollar. In the past six months, Bangladesh’s foreign reserves have dropped below $32bn from $39bn while the value of the taka has fallen by […]
By Noah Berman A wave of darkness engulfed Pakistan on January 24 as its aging power grid strained to meet the country’s demand for electricity. The massive outage was the latest in a series of blackouts that have become a chronic symptom of Pakistan’s ailing and climate-vulnerable economy, under duress from devastating natural disasters, a colossal […]
million in providing diesel fuel for public hospitals, across the country, Earlier, China provided […...
A humanitarian grant of USD 46 million has been granted from Japan to Sri Lanka. Secretary to the Ministry of Finance Mahinda Siriwardena and MIZUKOSHI Hideaki, the Ambassador of Japan, signed an Exchange of Notes to secure the humanitarian grant of USD 46 million. The purpose of the grant is to provide diesel to public […]
Japan has provided a humanitarian grant of USD 46 million to provide diesel fuel to public hospitals throughout Sri Lanka.The post Japan Grants USD 46 Million to Provide Diesel for Sri Lanka’s Hospitals appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
A humanitarian grant of USD 46 million has been granted from Japan to Sri Lanka. Secretary to the Ministry of Finance Mahinda Siriwardena and MIZUKOSHI Hideaki, the Ambassador of Japan, signed an Exchange of Notes to secure the humanitarian grant of USD 46 million. The purpose of the grant is to provide diesel to public […]
Japan has provided a humanitarian grant of USD 46 million to provide diesel fuel to public hospitals throughout Sri Lanka.The post Japan Grants USD 46 Million to Provide Diesel for Sri Lanka’s Hospitals appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
By C. A. Chandraprema We now live in a digital world dominated by the social media, where information or disinformation coming through our mobile phones has more to do with forming public opinion than the plainly visible and palpable reality and well-established facts and data. Sri Lanka recently marked the 75th Anniversary of its Independence in […]
[…]The post Ballot Or Bloodbath? appeared first on Colombo Telegraph.
The beautiful island nation Sri Lanka, also known as ‘the pearl of the Indian ocean’, has been going through its toughest economic crisis since its independence in 1948. Another victim of the vicious ‘debt-trap diplomacy’, Sri Lanka has seen significant growth in Chinese influence in the recent past. While the entire world witnessed the tragedies […]
The sixth “Operation Dost” flight has landed in Turkey, carrying emergency supplies, rescue personnel, sniffer dog squads, medicine and medical equipment, and other relief material. The devastating earthquake that inflicted huge loss of life and property has thrown normal life out of gear in both Turkey and Syria. Within hours, India responded with disaster relief […]
The economic and financial condition of Sri Lanka is very precarious at the moment. It has been facing the worst economic crisis since its independence in 1948. The Sri Lankan economy is going through a high rate of inflation, a shortage of essential commodities including fuel and medicines
By N Sathiya Moorthy Why blame the politicos alone when almost all independent institutions under the Constitution are confused and are confusing the rest? Though claimed not to be linked to the decision to hold nation-wide Local Government (LG) elections, now notified for 9 March, the resignation of one of the commissioners, Mrs P S […]
[…]The post Did Faulty Constitution Bring Misery? – Undermining The State Is The Game appeared first on Colombo Telegraph.
Colombo [Sri Lanka], February 2 (ANI): External Affairs Minister S Jaishankar’s visit to Sri Lanka is being seen as a harbinger of positive developments and an improved economic and financial situation for the island nation. Jaishankar during his visit to Sri Lanka reasserted India’s pursuit of the ‘Neighbourhood First’ policy and the belief in not […]
Thursday 9th February, 2023 President Ranil Wickremesinghe, who presented his government’s policy statement in Parliament, yesterday, sounded like a seasoned insurance sales agent with glib phrases rolling off his experienced tongue; he sought to scare the public and infuse them with hope, at the same time, to sell his policies. The knee-jerk reaction of the […]
Sri Lanka has the potential to establish the green economy, specially by way of renewable energy, said President Ranil Wickremesinghe addressing a High-Level event on Strategies and Actions to Accelerate Sri Lanka’s Transition to a Green Growth Pathway.The post Sri Lanka has initiated an action plan to ensure a Green Economy by 2050 – President appeared first on Sri Lanka News - Latest Break...
UNICEF has said seven million people in Sri Lanka are in need of humanitarian assistance due to the economic crisis.In its Sri Lanka Humanitarian Situation Report, issued on 02 February, the UN agency said essential services for children such as health, nutrition, and education have been severely impacted by shortages of medicine, food insecurity, lack […]
[…]The post Seventy Five Years Of Independence Or Curse appeared first on Colombo Telegraph.
Neither the Cardinal, Bishops nor any representative from Sri Lanka’s Catholic Church would participate in the 75th Independence Day celebrations, on Saturday (February 04), as it is a ‘crime’ and waste of funds that is being committed against the citizens of Sri Lanka, Spokesman for the Archdiocese of Colombo, Rev. Fr. Cyril Gamini Fernando stated.The post Sri Lanka’s Catholic Church to boy...
Pakistan is gripped by a major economic crisis, with the rupee plummeting, inflation soaring and energy in short supply as IMF officials visit to discuss a vital cash injection.The post ‘We’ll end up like Sri Lanka’: Pakistan stares at economic collapse as IMF visits appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
The International Monetary Fund (IMF) has approved loans of $4.7 billion to Bangladesh for disbursal starting immediately, making it the first to secure such funds out of three South Asian countries that applied last year amid economic trouble.The post Bangladesh secures $4.7 billion from IMF as other South Asian countries see delays appeared first on Sri Lanka News - Latest Breaking News in Sri L...
Sri Lanka's Central Bank Governor Dr. Nandalal Weerasinghe said regardless of the future elections, he wants to see a continuation of the economic reform path the country has embarked on, as it is the only way to come out of the current crisis.The post Sri Lanka’s Central Bank insists on staying on reform path regardless of election outcome appeared first on Sri Lanka News - Latest Breaking ...