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[…]The post 2024: A Year Of Historic Choice appeared first on Colombo Telegraph.
- Celebrating Independence Or Inaugurating Dependence? (Category: Breaking News)
- The Road Ahead For RW & Aragalaya (Category: Breaking News)
- Homework For NPP (Category: Breaking News)
- Economics Of Recovery & Politics Of Reconciliation (Category: Breaking News)
[…]The post 2024: The Year Of South Asian Elections appeared first on Colombo Telegraph.
- Ranil’s Last Hurrah For A New Parliament In March (Category: Breaking News)
- Election Year Road Map For Constitutional Reforms (Category: Breaking News)
- Dhaka Goes Metro, Colombo Stuck On Tuk-Tuk (Category: Breaking News)
- Ranil As PM Till 2025, Opposition Disappears, No End In Sight For Queuing Trauma (Category: Breaking News)
Sri Lanka’s Central Bank Governor Dr. Nandala Weerasinghe has emphasized the importance of the continuity of the Extended Fund Facility (EFF) agreement with the International Monetary Fund (IMF).The post Sri Lanka’s Central Bank Governor says IMF agreement must be continued under any Government appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka’s Central Bank lays out policies to restore price stability, macroeconomic strength (Category: Breaking News)
- Sri Lanka unexpectedly raises rates to fulfil IMF bailout requirements (Category: Breaking News)
- Sri Lanka central bank chief: monetary policy transmission still incomplete (Category: Breaking News)
- Sri Lanka gives China deal details, keeping IMF aid on track (Category: Breaking News)
The Pathfinder Foundation has formed a Study Group of Experts to develop a blueprint and framework aimed at doubling Sri Lanka’s economic growth rate through accelerated economic integration and infrastructural connectivity with India. The framework document is expected to be formally launched in March 2024. Most economic forecasts place Sri Lanka on an average growth trajectory of 3% per […...
- Economic growth of 9.5% targeted by 2013. (Category: Breaking News)
- India aims for enhanced trilateral cooperation with Japan and Lanka (Category: Breaking News)
- Restructuring Power And Energy Sector Vital (Category: Business)
- Milinda blames halfhearted economic reforms over the years for current crisis (Category: Breaking News)
The banking sector has recovered less than 0.5% of total loans with the help of Parate execution, the governor of the Central Bank of Sri Lanka, Dr. Nandalal Weerasinghe said on Friday (29) at a press conference in Colombo. Dr. Weerasinghe said that a previous Supreme Court decision had prevented banks from using Parate laws […]
- SJB asks govt. to halt parate executions (Category: Breaking News)
- Ministers of Justice and Health on collision course with association of banks (Category: Breaking News)
- Draft Bill facilitating Parate Law suspension to be gazetted (Category: Breaking News)
- Bill related suspension of Parate Law passed in parliament (Category: Breaking News)
In a significant announcement at the centenary celebration of Badulla Guruthalawa Muslim Central College this morning (27), President Ranil Wickremesinghe highlighted two critical challenges facing the nation, building a stable economy and addressing the ethnic problem.
President Ranil Wickremesinghe says he will make a critical statement by March related to reconciliation. His statement will coincide with the annual sessions of the Human Rights Council in March. The President said that expression of opinions not related to terrorism or attempts to incite a revolution should be protected under the law and steps […]
- President to announce Government policy on 7th February (Category: Breaking News)
- President informs Cabinet on next round of ETCA talks (Category: Breaking News)
- President says Sri Lanka no longer bankrupt (Category: Breaking News)
- Sri Lanka requests to host IPL matches (Category: Breaking News)
by Dr Upul Wijayawardhana Reading “From heyday to ‘hay day’”, the hard-hitting editorial laced with sarcasm (The Island, 18 December) and “Declining power and challenges before SLPP” by Shamindra Ferdinando in the Midweek Review of 20th December, I began wondering whether the recently concluded SLPP convention was the final flicker before the flame was extinguished […...
- Dons condemn suppression of Aragalaya movement (Category: Breaking News)
- SJB: JVP’s call for RW’s participation in proposed debate diversionary tactic (Category: Breaking News)
- SJB Leader wants action against not only Rambukwella but also 113 MPs who defeated no-faith motion (Category: Breaking News)
- Opposition calls SLPP bluff, challenges ruling party to defeat budget (Category: Breaking News)
Wednesday 27th December, 2023 Perhaps, nothing represents Sri Lankans’ resentment towards the new tax regime and the aggravation of their economic woes better than the title of today’s comment; it is a literal translation of a slogan written on the rear of a tuk-tuk. It however is relevant only to the ordinary people who pay […]
- CBSL Governor urges public to become informants to boost tax revenue (Category: Breaking News)
- Revenue collection exceeds target for first quarter by more than Rs. 45 billion (Category: Breaking News)
- Govt. MP slams Finance Ministry over gaping holes in tax collection system (Category: Breaking News)
- Smokers, drinkers hit by index linked taxes (Category: Breaking News)
[…]The post Rebuild Trust To Achieve Success Even By 2048 appeared first on Colombo Telegraph.
- Crisis-Hit Sri Lanka Economy (Category: Breaking News)
- Target 2048 – Private Sector Should Not Just Sit Aloof (Category: Breaking News)
- Target 2048 Requires Sri Lanka To Develop A Viable Creative Capital Base (Category: Breaking News)
- Economy 2024: More Challenging Than The Two Previous Years (Category: Breaking News)
by Jehan Perera The change that the country is looking for lies in the future. The change that the government has brought may have been sufficient unto the day, especially for the upper classes and the international community they fraternise with, but insufficient for the future progress and wellbeing of the masses of people. This […]
- Prez vows to reform loss-making state enterprises, implement new tax regime (Category: Breaking News)
- GMOA warns of impending crisis in health sector due to exodus of professionals (Category: Breaking News)
- More than 1000 docs migrated in 2022 (Category: Breaking News)
- CBSL Governor upbeat about being on right track, but urges govt. to do more to protect low-incom... (Category: Breaking News)
Tuesday 26th December, 2023 It never rains but it pours. As if the multiple crises, armed conflicts and the ill-effects of climate change troubling the world were not enough, there are disturbing reports of Covid-19 raising its head again in some countries. The World Health Organization (WHO) has warned of an increase in the cases […]
- WHO predicts COVID-19 will become endemic (Category: Breaking News)
- WHO predicts COVID-19 will become endemic (Category: Breaking News)
- WHO predicts COVID-19 will become endemic (Category: Breaking News)
- More virulent than Covid! (Category: Breaking News)
Wijeyadasa pushes for suspension of Parate executions: ‘Country paying heavy price for not having proper tax regime, favourable treatment to some’ By Shamindra Ferdinando Justice, Prisons Affairs and Constitutional Reforms Minister Dr. Wijeyadasa Rajapakse, PC, has assured the local business community, troubled by parate executions, that laws will be brought in to regulate the practice. The [̷...
- Only 0.4% of loans recovered using Parate laws – CBSL (Category: Breaking News)
- Amendment to Parate Law expected in future parliament session - Wijeyadasa (Category: Breaking News)
- Justice Minister: State outfits disregard parliamentary control over public finance (Category: Breaking News)
- Wijeyadasa: Presidential election will be held in 2024 (Category: Breaking News)
[…]The post IMF, Taxes & Social Revolution appeared first on Colombo Telegraph.
- NPP Deserves Fairness From Critics (Category: Breaking News)
- NPP & Bird Cage Economy (Category: Breaking News)
- IMF Forecasts & Systemic Crisis (Category: Breaking News)
- Glocalization Without Financialization (Category: Breaking News)
Israel has turned to India and Sri Lanka in its search for much-needed workers to revive its largely comatose construction industry, after the country deported thousands of Palestinian workers and revoked their work permits following Hamas’ Oct 7 attack on it. Around 82,000 Palestinians worked in the country’s construction industry prior to the assault, accounting for a third of the sector’s [R...
- Sri Lanka Navy detains 12 Indian fishermen (Category: Breaking News)
- Japanese farms recruiting workers from Sri Lanka (Category: Breaking News)
- Ship with two Sri Lankans hit by Houthi missile killing three seafarers (Category: Breaking News)
- First batch of Sri Lankan workers sent to Israel despite conflict (Category: Breaking News)
Banks exercise their legally-enshrined right to Parate Execution as a last resort and the overarching objective is the protection of depositors’ funds that have been lent to borrowers, the Sri Lanka Banks Association (SLBA) has said in a statement to the media. Responding to what it termed as lobbying by a group of defaulting borrowers […]
- Ministers of Justice and Health on collision course with association of banks (Category: Breaking News)
- SLBA calls for government engagement to facilitate debt recovery process (Category: Breaking News)
- Only 0.4% of loans recovered using Parate laws – CBSL (Category: Breaking News)
- Suspension Of Parate Execution Won’t Do; Establish Bad Bank To Resolve Issue Permanently: Dr. An... (Category: Breaking News)
By Chanaka de Silva Indian businessman Gautam Adani’s wind energy project is to offer the lowest energy unit price in Sri Lanka. Sri Lanka is grappling with rising electricity generation costs, lacking the benefits seen in neighbouring countries with Independent Power Producers (IPPs). Inadequate transmission planning revealed by grid failures contrasts with advanced private setups […]
- Adani and Sri Lanka discuss progress on renewable energy project (Category: Breaking News)
- BoI issues letter approving Adani’s renewable energy project (Category: Breaking News)
- Gautam Adani reviews status of investments in Sri Lanka (Category: Breaking News)
- Adani to complete Sri Lanka energy project by December 2024 (Category: Breaking News)
[…]The post Acting IGP & Police Minister Have Woken Up From A Deep Sleep? appeared first on Colombo Telegraph.
- Lack of Common Sense Of A Time-Expired President (Category: Breaking News)
- The Malicious “Shafi Frame Up”: Will 2023 See The Guilty Being Punished? (Category: Breaking News)
- What Is To Be Done? – Anura Kumara Dissanayake (Category: Breaking News)
- The Curse Of JRJ Constitution Continues (Category: Breaking News)
[…]The post No Christmas In Bethlehem, Vatican Breakthrough & Himalayan Declaration appeared first on Colombo Telegraph.
- No room at the inn as Bethlehem celebrates Christmas (Category: Breaking News)
- Nativity Church in Bethlehem to bless President Rajapaksa (Category: Breaking News)
- A mass in Bethlehem to bless the President (Category: Breaking News)
- Coronavirus dampens Christmas joy in Bethlehem and elsewhere (Category: USA, South Dakota)
[…]The post Is True “System Change” In Sri Lanka Only A Fantasy? appeared first on Colombo Telegraph.
- True Meritocracy Not The Sham Of All Party Mediocracy (Category: Breaking News)
- Forced Cremation Of Covid Victims – A Final Authoritative Word (Category: Breaking News)
- Forced Cremation Of Covid Victims – A Final Authoritative Word (Category: Breaking News)
- The Malicious “Shafi Frame Up”: Will 2023 See The Guilty Being Punished? (Category: Breaking News)
The Samagi Jana Balawegaya (SJB) has cautioned the Wickremesinghe-Rajapaksa government against counting loans received from the International Monetary Fund (IMF), World Bank and Asian Development Bank (ADB) as external buffers as they have to be paid back.The post Samagi Jana Balawegaya warns against counting foreign loans as part of forex reserves appeared first on ONLANKA - Sri Lanka Latest Brea...
- SJB warns against counting foreign loans as part of forex reserves (Category: Breaking News)
- Harsha rubbishes President’s claim LG polls cannot be held (Category: Breaking News)
- Ready to support all-party govt, Harsha says (Category: Breaking News)
- Public Finance Committee Chief Harsha De Silva demands President publicize IMF conditions (Category: Breaking News)
The Inland Revenue Department yesterday (21) issued the list of goods and services that would be exempted from the enhanced Value Added Tax (VAT) regime that comes into effect from 01 January 2024. The list of items included Wheat and wheat flour; infant milk powder; Pharmaceutical Products and Drugs (other than cosmetics) whose end use […]
- Tech Focus (Category: Business)
- Mobile Awareness (Category: Business)
- Tele Tracks (Category: Business)
- Post Loss (Category: Business)
Spectacle of the past week was the SLPP Convention held at the Sugathadasa Stadium. Of course, the crowds were present – transported from outstations since nobody thirsting for some free frolic will stay home when offered transport and food and probably more than a tot just to swell the audience. The usual paeons were sung […]
- Stop intimidating judiciary,end undermining democracy,hold elections (Category: Breaking News)
- Adults leave for jobs abroad; children become vulnerable to abuse: NCPA (Category: Breaking News)
- Sirisena seeks divine intervention to bring about political stability (Category: Breaking News)
- CMLS calls for talks with trade unions (Category: Breaking News)
by Dr Upul Wijayawardhana Memories are short, unfortunately, or maybe fortunately! In most minds, the nightmare we went through with the Covid-19 pandemic is a distant memory. The hardships we went through and uncertainties we faced seem to be largely forgotten. After the 1918-1920 flu pandemic, commonly referred to by the misnomer, ‘Spanish flu’, which […]
- COVID vaccine phobia in lanka might be a serious problem in the next Pandemic (Category: Breaking News)
- COVID Fund wound up (Category: Breaking News)
- Four new COVID-related deaths confirmed (Category: Breaking News)
- Covid-19 Vaccination: Who Gets, When And How? (Category: Breaking News)
The SJB has cautioned the Wickremesinghe-Rajapaksa government against counting loans received from the IMF, World Bank and ADB as external buffers as they have to be paid back. SJB MP Dr. Harsha de Silva said loans secured from whatever sources weren’t earned reserves. The former UNP State Minister and economist said so when we sought […]
- Samagi Jana Balawegaya warns against counting foreign loans as part of forex reserves (Category: Breaking News)
- Initial consensus among MPs on recovery plan (Category: Breaking News)
- Central Bank eyeing USD 8 -10 billion currency reserves in 3-4 years (Category: Breaking News)
- Udaya wants public, private sector workers paid on weekly basis in view of economic crisis (Category: Breaking News)
Sri Lanka said on Wednesday it expects its foreign exchange reserves to rise above $4 billion this month, their highest level since the island nation plunged last year into its worst economic crisis since independence in 1948.The post Sri Lanka sees forex reserves exceeding $4 billion after fresh funding appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Exclusive: Sri Lanka expects up to $8 billion more in loans, asset restructuring (Category: Breaking News)
- India to allow Sri Lanka to repay debt over 12 years (Category: Breaking News)
- India plans no more funding for Sri Lanka as IMF talks progress (Category: Breaking News)
- Samagi Jana Balawegaya warns against counting foreign loans as part of forex reserves (Category: Breaking News)
The World Bank has released 250 million U.S. dollars as the second tranche of the Resilience, Stability and Economic Turnaround (RESET) Development Policy Operation (DPO), the international lender said in a statement on Wednesday (20). In June, the World Bank announced 500 million dollars for the RESET Development Policy Operation, which supports reforms that improve […]
- Top Marks (Category: Business)
- Islamic Banking (Category: Business)
- Lucky Thirteen (Category: Business)
- Top Marks (Category: Business)
Former President and Sri Lanka Podujana Peramuna (SLPP) leader Mahinda Rajapaksa has slammed the tax policies of President and United National Party (UNP) leader Ranil Wickremesinghe. The SLPP is part of Ranil Wickremesinghe’s Government but is expected to contest separately at the next elections. Issuing a statement, Rajapaksa said that around 40 professional associations and […]
- Sri Lanka’s former President says Tax policy will become a major political issue in 2024 (Category: Breaking News)
- President orders Police protection for Israelis in Sri Lanka (Category: Breaking News)
- Ranil leading talks to form all-party Government (Category: Breaking News)
- President seeks Sajith’s support to address key issues (Category: Breaking News)
Pintanna Holdings, a pioneer in the Sri Lankan Agarwood plantation sector, is making significant strides. The inauguration of the newly constructed multi-purpose building, equipped with modern technology at Pintanna Estate, coincided with the official unveiling of Pintanna’s commemorative cover launch. Additionally, the company has introduced its second Agarwood Investment Rewards to ...
- Sri Lanka seeks investments from Russian businessmen (Category: Breaking News)
- JICA prepared to resume funding projects in Sri Lanka (Category: Breaking News)
- Sinopec to operate 200 filling stations in Sri Lanka (Category: Breaking News)
- Singer Sri Lanka Recognized as a Strategic Alliance Partner at Sony’s Annual BPC in Singapore. (Category: Breaking News)
Former President of Sri Lanka, Mahinda Rajapaksa stated that tax policy will become a major political issue in 2024 after the VAT increase in the 2024 budget.The post Sri Lanka’s former President says Tax policy will become a major political issue in 2024 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Mahinda slams Ranil’s tax policies (Category: Breaking News)
- Reducing The Tax Burden (Category: Breaking News)
- CP Chief calls for re-alignment of political forces to thwart Ranil (Category: Breaking News)
- SC ruling on economic crisis: Parliament also responsible, says Foreign Minister (Category: Breaking News)
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