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[…]The post 2024: A Year Of Historic Choice appeared first on Colombo Telegraph.
The strained balance sheets of the household and the corporate sectors in the backdrop of the severe economic crisis which resulted in an erosion of real income levels amid elevated price levels, hindered the debt repayment capacities of households and corporates, the Central Bank said in its Financial Stability Review for the Year 2023. Households […]
[…]The post 2024: The Year Of South Asian Elections appeared first on Colombo Telegraph.
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.
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 […...
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 […]
Video: CBSL’s inability to control economy ‘main reason’ for collapse - Minister Wijeyadasa (Eng...
Video: ඔබගේ මාසික ආදායම, පහළ ගිය හැටි #economy #srilankaeconomiccrisis #viralnews #foryou
Video: VAT වැඩිවෙන විට පෙට්රල් හා ඩීසල් මිල ඉහළට ? #economy #foryou
Video: VAT බද්දෙන් නිදහස් , මෙන්න. #tax #economy #srilanka #viral #trending #foryou
Video: President invites all political parties to help stabilize economy and address ethnic issu...
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 […]
In a significant announcement at the centenary celebration of Badulla Guruthalawa Muslim Central College this morning (27 Dec.), President Ranil Wickremesinghe highlighted two critical challenges facing the nation, building a stable economy and addressing the ethnic problem.
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 […...
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 […]
[…]The post Rebuild Trust To Achieve Success Even By 2048 appeared first on Colombo Telegraph.
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 […]
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 […]
The UK is preparing to send a warship to Guyana in a show of diplomatic and military support for the former British colony, the BBC has learned. It comes after neighbouring Venezuela renewed its claim for a disputed part of Guyanese territory that is rich in oil and minerals. The Ministry of Defence confirmed HMS […]
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 [̷...
[…]The post IMF, Taxes & Social Revolution appeared first on Colombo Telegraph.
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...
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 […]
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 […]
[…]The post Acting IGP & Police Minister Have Woken Up From A Deep Sleep? appeared first on Colombo Telegraph.
[…]The post No Christmas In Bethlehem, Vatican Breakthrough & Himalayan Declaration appeared first on Colombo Telegraph.
[…]The post Is True “System Change” In Sri Lanka Only A Fantasy? appeared first on Colombo Telegraph.
Japan is going through a “once in a generation” political crisis, analysts say, as the government fights to clean up its image in the face of a corruption scandal. Four cabinet ministers from the long-term ruling party have resigned in the past fortnight, as Prime Minister Fumio Kishida fights to hang on. His approval ratings […]
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...