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[…]The post Changing Pillows To Cure Headaches: Politicians—Constitutional Amendment Mess appeared first on Colombo Telegraph.
[…]The post Staggered Reform To Save Country From Peril appeared first on Colombo Telegraph.
The Government has decided to increase the Value Added Tax (VAT) from 8% to 12% and the Telecommunications Levy from 11.23% to 15%. The Prime Minister’s Office said that Sri Lanka introduced a low tax regime in late 2019. The reforms included the reduction of tax rates of Value Added Tax, Personal Income Tax (PIT) […]
Sri Lanka is to seek assistance from Paris Club lenders and the G7, Minister of Foreign Affairs Professor G.L. Peiris said. Foreign Minister Peiris requested continued support from Japan, both bilaterally and through multilateral channels, to mitigate the economic challenges in Sri Lanka. Minister Peiris explained that the Government of Sri Lanka will seek assistance […]
Johnson had made this assurance during a discussion held that afternoon.
A new visa scheme for foreign investors to invest, live and study in Sri Lanka was launched today. The launching ceremony of the ‘Golden Paradise Visa Scheme’ was held under the aegis of Central Bank Governor Dr. Nandalal Weerasinghe and Defence Secretary General Kamal Gunaratne at the Department of Immigration and Emigration, Battaramulla today (May […]
The Central Bank of Sri Lanka (CBSL) today reassured its commitment to ensuring the availability of foreign exchange within the banking system for the importation of essential goods, including the food items. The Ministry of Finance issued Import Control Regulations on Payment Terms No.07 of 2022, dated 06 May 2022, and to be effective from […]
CBSL would like to reassure its commitment to ensuring foreign exchange within the banking system for food
[…]The post Sri Lanka Tamils: No Choice But To Join GotaGoGama, Stay Put Or Go Abroad appeared first on Colombo Telegraph.
[…]The post A Child’s Guide To Currency Board Systems: Has The Monetary Board Failed The Nation? appeared first on Colombo Telegraph.
Times are extraordinary with the macro stresses clearly unprecedented
By N Sathiya Moorthy Now that Prime Minister Ranil Wickremesinghe’s Cabinet has taken some substantial if not final shape, the question arises if the old wine in an older bottle or bottles tastes matured or sour. That it’s only old wine in older bottle or bottles, there can be no two opinions about it. But […]
Kitchen & Bedroom, a name synonymous in the interior designing and furniture sector in the country recently celebrated its long-standing partnership with Häfele Sri Lanka during the latter’s 12th year anniversary celebratory event, reaffirming its ambitious plans to further strengthen and explore the numerous opportunities available here. Häfele Sri Lanka, part of Häfele India which […]
[…]The post Never-Ending Political Games; Country Is At Peril appeared first on Colombo Telegraph.
[…]The post Some Suggestions To Assist In Sri Lanka Striving To Achieve A Primary Balance appeared first on Colombo Telegraph.
[…]The post Dollar Crunch & Expanding Horizons appeared first on Colombo Telegraph.
[…]The post What Can Ranil Get Done? appeared first on Colombo Telegraph.
After being closed to tourists for two years, Japan is opening its borders to visitors from 98 countries and regions. It marks the most significant moment so far in the country’s slow relaxation of its Covid-19 entry restrictions. But some restrictions will remain, including a requirement to visit the country as part of a tour […]
Sri Lankan President Gotabaya Rajapaksa says the outcome of the educational reform should be to create a good citizen who is also productive to the economy.The post Aim of educational reform is to...Click on the headline to read the full story
President Gotabaya Rajapaksa says the outcome of the educational reform should be to create a good citizen who is also productive to the economy.
Investors are waiting for cues from budget proposals, new government's policies to achieve stability
[…]The post 1972: A Historic Opportunity Missed appeared first on Colombo Telegraph.
Rajapaksa supporters' attack on unarmed protesters hit smalltimers who saw booming business at Gota Go Gama.
[…]The post Systemic Change: Its Enemies & Friends appeared first on Colombo Telegraph.
[…]The post The Current System & Unlawful Actions appeared first on Colombo Telegraph.
Abans Finance, AMW Capital Leasing and Finance and Richard Pieris Finance Limited on Rating
The Prime Minister's office was targeted by the protesters for the first time.
The International Monetary Fund said it made “good progress” in analyzing Sri Lanka’s economic situation and identifying policy priorities, while cautioning that a loan would require adequate...Click on the headline to read the full story
New Prime Minister is expected to present a new budget with higher tax, reduced government spending
The company wants to double its already existing 480 waste plastic collection centres.