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Sri Lanka expects to get China's backing for its debt restructuring plan within days to help unlock a $2.9 billion loan from the International Monetary Fund, a government official said on Friday, as India pledged further support to its crisis-stricken southern neighbour.The post Sri Lanka expects financing assurances from China for IMF deal within days appeared first on Sri Lanka News - Latest Bre...
Indian External Affairs Minister S. Jaishankar said today that India has extended financing assurances to the IMF to clear the way for Sri Lanka to move forward because India felt strongly that Sri Lanka’s creditors must take proactive steps to facilitate its recovery.The post Sri Lanka’s creditors must take proactive steps to facilitate its recovery: Jaishankar appeared first on Sri Lanka N...
India has told the International Monetary Fund (IMF) to clear the way for Sri Lanka to move forward, India’s External Affairs Minister Dr. S. Jaishankar said today. He told reporters in Colombo that India has given the IMF financing assurances to clear the path for Sri Lanka. “India decided not to wait on others but […]
The United Kingdom and Sri Lanka had broad discussions which focused on the economy and reconciliation as well as other issues. Secretary of the Ministry of Foreign Affairs Aruni Wijewardane and Permanent Under Secretary of the Foreign, Commonwealth and Development Office (FCDO) of the United
When Prime Minister Narendra Modi flags off the Ganga Vilas cruise from Varanasi to Dibrugarh via Bangladesh on January 13, it will not only add an attraction to the country’s tourism circuit, but will be a game-changer for cross-border trade as well. It costs 10 times less to move cargo a kilometre by river than […]
[…]The post The Case For (And Against) Anura Kumara Dissanayake appeared first on Colombo Telegraph.
Sri Lankan President Ranil Wickremesinghe stressed the need for the drafting of a new foreign policy which would enable Sri Lanka to forge broader foreign relations while safeguarding its sovereignty.The post Sri Lanka President stresses need for new foreign policies appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Ahead of the inauguration of Nepal’s new Pokhara airport, in a surprise announcement on Saturday, the Chinese Embassy in Kathmandu tweeted, “This (Pokhara airport) is the flagship project of the China-Nepal Belt and Road Initiative (BRI) cooperation,” writes Anil Giri, in The Kathmandu Post. Notably, Nepal Prime Minister Pushpa Kamal Dahal on Sunday inaugurated the country’...
[…]The post Is Sri Lanka Still The “Pedophile’s Pleasure Center?” appeared first on Colombo Telegraph.
[…]The post President RW’s Priority In 2023 appeared first on Colombo Telegraph.
(AFP)Sri Lanka on Thursday welcomed the first Russian travellers aboard a new flight service that was launched after the bankrupt nation urged Moscow to help revive its beleaguered economy by sending tourists. Russia was Sri Lanka’s biggest source of visitors at the start of the year but arrivals
[…]The post Why Sri Lanka Needs A Presidential Secretariat On Blue Economy Or National Center For Ocean Resources Analysis appeared first on Colombo Telegraph.
When Sri Lanka slid into its worst economic crisis in seven decades leading to deadly riots and alarming shortages of fuel, food and medicines earlier this year, its giant northern neighbour stepped into the breach.The post India makes inroads into Sri Lanka under China’s long shadow appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
By Meera Sirinivasan Sri Lanka is waiting for financing assurances from its bilateral creditors, including India and China, to tap support from the International Monetary Fund (IMF), according to Central Bank Governor P. Nandalal Weerasinghe. In September, the IMF reached a staff level agreement with Sri Lanka for a $2.9 billion package to help the island nation […]
Thursday 22nd December, 2022 The Ceylon Electricity Board (CEB) trade unions and Minister of Power and Energy Kanchana Wijesekera have, true to form, locked horns over the availability of coal in the country, instead of getting themselves around the table and making a concerted effort to contain the power crisis. They are behaving like a […]
[…]The post Transforming Northern Province Into Multibillion Economy appeared first on Colombo Telegraph.
President Ranil Wickremesinghe instructed officials to take immediate steps to develop the Ella tourist area according to a grand comprehensive plan.The post Ella Tourism Zone will be developed under a grand plan – President appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
President Ranil Wickremesinghe said that hunger has no party or colour and that everyone should come together to make the food security program a success in order to face the future food shortage as a strong country.The post Everyone should unite to make food security program a success – President appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
promotion and collaboration on climate change and green economy while continuing […]
By Hiran H.Senewiratne ‘2023 would be one of the best recovery years for Sri Lanka and tourism will support rebuilding the economy. Aggressively promoting Indian tourism into Sri Lanka will serve that purpose to some extent, Minister of Tourism Harin Fernando said. “Sri Lanka is looking
Originally planned for August 2022, the much-awaited Lanka Premier League (LPL) 2022 commenced on 6 December 2022. The league was postponed because of the economic and political turmoil in the island nation.The post Lanka Premier League will boost economy, tourism – Minister Harin Fernando
Sri Lanka s tourism minister Harin Fernando is optimistic that the Lanka Premier League (LPL) 2022 will help in boosting the country s economy and will instil confidence among others to come here and enjoy the natural beauty of the island nation.
The 20th Communist Party Congress of China may put a hold on the Chinese restructuring talks with Sri Lanka to secure the $2.9 billion facility to revive the ailing economy. The deadline was set for December, but it may be extended to January, according to the Central Bank of Sri Lanka. China
By Saman Indrajith State Tourism Minister Diana Gamage says liquor outlets should be kept open longer if the country wants to boost tourism.Participating in the Third Reading stage debate on Budget 2023 on Friday, State Minister Gamage said: “We have to keep these places open 24/7. I have spoken about it many times. Liquor is […]
[…]The post Budget 2023: A Depth Or Dearth appeared first on Colombo Telegraph.
Sri Lanka crossed the billion dollar milestone in earnings from tourism in October when the country earned US$ 75.6 million from the trade, which is providing a glimmer of hope for the country’s economy beset by acute shortages of foreign currency since the middle of last year.The post Sri Lanka
Wednesday 30th November, 2022 The Nazis of Sri Lanka (read the members of the current SLPP-UNP government, whose leader, President Ranil Wickremesinghe, has called himself Hitler recently in Parliament) have gone into overdrive to suppress democratic dissent. They invaded an auditorium at Hanguranketha, on Sunday, in a bid to sabotage a conference held by a […]
By Shamindra Ferdinando Having comfortably won the vote on the Second Reading of 2023 Budget, two days earlier, President Ranil Wickremesinghe, on November 24, dealt with a spate of issues, including the responsibilities of the armed forces and the police, obviously indicating how a second Aragalaya, aimed at ousting his government from power, by way of violent protests, as was […]
Australian Government-funded Skills for Inclusive Growth Program (S4IG), managed by Palladium International Group entered into an MoU with Cinnamon Hotel Management Ltd (CHML) to achieve several strategic results in Colombo recently. S4IG is a programme by the Department of Foreign Affairs and Trade (DFAT) in accordance with the terms of a subsidiary agreement signed on […]
[…]The post What Is To Be Done? – Anura Kumara Dissanayake appeared first on Colombo Telegraph.