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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…

20A marks ’funeral of democracy’ in Sri Lanka: Vijitha
22 Sep
2020
Written by TELO Admin

20A marks ’funeral of democracy’ in Sri Lanka: Vijitha »

National People’s Power (NPP) MP Vijitha Herath said today the tabling of the 20th Amendment to the Constitution marked the ‘funeral of Democracy’ in Sri Read more…

Tabling the 20th Amendment “a dark day for democracy” – Sajith
22 Sep
2020
Written by TELO Admin

Tabling the 20th Amendment “a dark day for democracy” – Sajith »

Opposition Parliamentarians staged a protest in the Well of the House today when the government tabled the proposed 20th Amendment to the Constitution with the Read more…

Petition filed with Supreme Court against 20A
22 Sep
2020
Written by TELO Admin

Petition filed with Supreme Court against 20A »

A special application has been filed before the Supreme Court, challenging the draft bill of the 20th Amendment to the Constitution.

The petition filed by Read more…

Colombo Port City project represents China-Sri Lanka friendship under BRI: FM -Global Times
22 Sep
2020
Written by TELO Admin

Colombo Port City project represents China-Sri Lanka friendship under BRI: FM -Global Times »

China and Sri Lanka have long been friends and both sides are actively cooperating under the framework of the Belt and Road Initiative (BRI), a Read more…

Athaullah’s dress causes chaos in Parliament
22 Sep
2020
Written by TELO Admin

Athaullah’s dress causes chaos in Parliament »

The Opposition yesterday raised objection to MP A.L.M. Athaullah’s attire claiming he was violating the dress code of the House.

Samagi Jana Balawegaya MP Nalin Read more…

Wigneswaran tells Bachelet: Lanka’s statecraft is a potential threat to regional peace
22 Sep
2020
Written by TELO Admin

Wigneswaran tells Bachelet: Lanka’s statecraft is a potential threat to regional peace »

C.V. Wigneswaran MP and leader of the Tamil Makkal Thesiya Koottani (TMTK) has said in a letter to Michelle Bachelet Jeria, the UN High Commissioner Read more…

SJB appoints committee on 20A
21 Sep
2020
Written by TELO Admin

SJB appoints committee on 20A »

Samagi Jana Balawegaya (SJB) has appointed a committee to take necessary further action regarding the 20th Amendment to the Constitution.

This decision was taken during Read more…

Fast tracking Sri Lanka’s bid to be a major maritime hub
21 Sep
2020
Written by TELO Admin

Fast tracking Sri Lanka’s bid to be a major maritime hub »

Maritime trade has been the lifeblood of the modern global economy, and Sri Lanka, with its close proximity to the main East West trade lane, Read more…

Nine media industry bodies raise serious concerns over proposed 20th Amendment
21 Sep
2020
Written by TELO Admin

Nine media industry bodies raise serious concerns over proposed 20th Amendment »

Nine media industry bodies in a statement have raised serious concerns over the proposed 20th Amendment to the country’s Constitution.

The associations are Sri Lanka Read more…

Athaulla: Those responsible for MR’s defeat had a hand in Easter Sunday attacks
21 Sep
2020
Written by TELO Admin

Athaulla: Those responsible for MR’s defeat had a hand in Easter Sunday attacks »

Those who had a hand in engineering President Mahinda Rajapaksa’s defeat at the 2015 presidential election were behind the 2019 Easter Sunday attacks, National Congress Read more…