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Moody’s downgrades Sri Lanka’s sovereign rating two notches to Caa1

Moody’s downgrades Sri Lanka’s sovereign rating two notches to Caa1

Moody’s Investors Service has downgraded Sri Lanka’s sovereign rating two notches to Caa1, from B2, citing wide budget deficits, slow reforms and weak institutions.

“Governance Read more…

Sri Lanka to introduce AliPay to attract Chinese

Sri Lanka to introduce AliPay to attract Chinese

Sri Lanka is looking at the possibility of introducing AliPay to the market in a bid to encourage more Chinese travellers to visit the country Read more…

39 petitions filed challenging 20th Amendment; SC to consider petitions on 29th Sept.

39 petitions filed challenging 20th Amendment; SC to consider petitions on 29th Sept.

39 petitions have been filed with the Supreme Court of Sri Lanka challenging the 20th Amendment to the Constitution.

Monday’s petitions were filed by;

Read more…

TNA leader falls ill leaving party activities temporarily suspended

TNA leader falls ill leaving party activities temporarily suspended

As the Leader of the Tamil National Alliance, parliamentarian R. Sampanthan has suddenly fallen ill again, the party has taken steps to suspend several decisions, Read more…

“Sinhala Buddhist President” should stop Tamil extremists: Ampitiye Sumanarathna Thero

“Sinhala Buddhist President” should stop Tamil extremists: Ampitiye Sumanarathna Thero

Ampitiye Sumanarathna Thero of the Batticaloa Mangalarama Buddhist Temple speaking from the site of the harthal in the Batticaloa town, highlighted that necessary security action Read more…

Moody’s downgrades Sri Lanka’s sovereign rating two notches to Caa1
28 Sep
2020
Written by TELO Admin

Moody’s downgrades Sri Lanka’s sovereign rating two notches to Caa1 »

Moody’s Investors Service has downgraded Sri Lanka’s sovereign rating two notches to Caa1, from B2, citing wide budget deficits, slow reforms and weak institutions.

“Governance Read more…

Sri Lanka to introduce AliPay to attract Chinese
28 Sep
2020
Written by TELO Admin

Sri Lanka to introduce AliPay to attract Chinese »

Sri Lanka is looking at the possibility of introducing AliPay to the market in a bid to encourage more Chinese travellers to visit the country Read more…

39 petitions filed challenging 20th Amendment; SC to consider petitions on 29th Sept.
28 Sep
2020
Written by TELO Admin

39 petitions filed challenging 20th Amendment; SC to consider petitions on 29th Sept. »

39 petitions have been filed with the Supreme Court of Sri Lanka challenging the 20th Amendment to the Constitution.

Monday’s petitions were filed by;

Read more…

TNA leader falls ill leaving party activities temporarily suspended
28 Sep
2020
Written by TELO Admin

TNA leader falls ill leaving party activities temporarily suspended »

As the Leader of the Tamil National Alliance, parliamentarian R. Sampanthan has suddenly fallen ill again, the party has taken steps to suspend several decisions, Read more…

“Sinhala Buddhist President” should stop Tamil extremists: Ampitiye Sumanarathna Thero
28 Sep
2020
Written by TELO Admin

“Sinhala Buddhist President” should stop Tamil extremists: Ampitiye Sumanarathna Thero »

Ampitiye Sumanarathna Thero of the Batticaloa Mangalarama Buddhist Temple speaking from the site of the harthal in the Batticaloa town, highlighted that necessary security action Read more…

Indian grant not-linked to implementation of the 13th Amendment – Keheliya
28 Sep
2020
Written by TELO Admin

Indian grant not-linked to implementation of the 13th Amendment – Keheliya »

Sri Lanka is denying reports that a USD15mn grant announced by the Indian Prime Minister to Sri Lanka on Sunday is linked to the complete Read more…

Government split on 13th Amendment following Modi talks
28 Sep
2020
Written by TELO Admin

Government split on 13th Amendment following Modi talks »

A clear split has emerged in the Government on the 13th Amendment to the Constitution following talks held over the weekend between Indian Prime Minister Read more…

Some opposition MPs to support 20A without crossing over to Govt
28 Sep
2020
Written by TELO Admin

Some opposition MPs to support 20A without crossing over to Govt »

Several MPs of the opposition will raise their hands in support of the 20th Amendment to the Constitution, but without crossing the floor of the Read more…

Hartal staged in North and East
28 Sep
2020
Written by TELO Admin

Hartal staged in North and East »

A hartal was launched in the North- East today condemning the Government’s actions preventing the commemoration of those killed during the war.

TELO Leader and Read more…

India on board with US-Maldives alliance to counter China – Nikkei
27 Sep
2020
Written by TELO Admin

India on board with US-Maldives alliance to counter China – Nikkei »

COLOMBO — A defense agreement the U.S. government signed with the Maldives this month is a sign of shifting geopolitical tides in a strategic stretch Read more…