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Ceylon Association of Shipping Agents (CASA) has gifted 100 bicycles to the port
- Bunker Business (Category: Business)
- Bunker Business (Category: Business)
- Fuel spill at Colombo port (Category: Breaking News)
- Sri Lanka sets October opening for bunker terminal (Category: Breaking News)
[…]The post Changing Pillows To Cure Headaches: Politicians—Constitutional Amendment Mess appeared first on Colombo Telegraph.
- Immediate Governmental Actions Needed (Category: Breaking News)
- Lack Of Accountability, Ability & Credibility (Category: Breaking News)
- Debt Trap, Lack Of Accountability & Blunders (Category: Breaking News)
- The First Step Of Aragalaya Is Completed: What Is Next? (Category: Breaking News)
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) […]
- Proposed homeowners tax to target high wealth individuals (Category: Breaking News)
- Taxable income of individuals revised (Category: Breaking News)
- IMF defends tax hike in Sri Lanka (Category: Breaking News)
- Social Security Contribution Levy Bill passed (Category: Breaking News)
The headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2013=100), soared to 39.1% in May from 29.8% in April this year, the Statistics Department of the Central Bank of Sri Lanka says.
Plans to raise Rs195bn a year
- Sri Lanka’s People’s Leasing net down 37-pct in March (Category: Breaking News)
- Sri Lanka’ Dipped Products net up on forex gains (Category: Breaking News)
- Sri Lanka to increase betting, gaming taxes; casino tax up 150 percent (Category: Breaking News)
- Sri Lanka’s Teejay Lanka net up 9-pct amid margin pressure (Category: Breaking News)
"It’s the overall uncertainty in the system," a market analyst said.
- Sri Lanka shares fall on profit taking (Category: Breaking News)
- Sri Lanka sells Rs81bn in Treasuries, yields steady (Category: Breaking News)
- Sri Lanka sells Rs127bn in bonds, 2032 on tap at 30.09-pct (Category: Breaking News)
- Sri Lanka stocks gain on financials; Sampath Bank leads (Category: Breaking News)
Food prices up 57-pct over 12-months and 86-pct since inflationary policy began in Aug 2019
- Nearly half of NYC residents not sold on getting COVID-19 vaccine, survey finds (Category: USA, New York)
- Nearly half of NYC residents not sold on getting COVID-19 vaccine, survey finds (Category: USA, New York)
- Nearly half of NYC residents not sold on getting COVID-19 vaccine, survey finds (Category: USA, New York)
- Nearly half of NYC residents not sold on getting COVID-19 vaccine, survey finds (Category: USA, New York)
"It's okay to criticise us, but we ask that you do not discourage farmers from growing," he said.
- Sri Lanka to introduce anti-hoarding laws for food stocks – PM (Category: Breaking News)
- Crisis-hit Sri Lanka to supply fertilizer at 25-pct cost amid looming food shortage (Category: Breaking News)
- Sri Lanka farmers in record Yala rice cultivation of 512,000 hectares: Minister (Category: Breaking News)
- World Bank to grant $110 mln loan to crisis-hit Sri Lanka for fertilizer import – Minister (Category: Breaking News)
The Central Bank of Sri Lanka Reassures its Commitment to Ensuring the Availability of Foreign Exchange through the Banking System for Importation of Essential Food Items
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 […]
- Turkey shifts visa applications in Sri Lanka to authorized agent (Category: Breaking News)
- Accepting applications for passports temporarily suspended (Category: Breaking News)
- Fake and fraudulent web URLs offer Indian e-Visa (Category: Breaking News)
- Visa applications from Sri Lanka in 2022 saw significant increase (Category: Breaking News)
The Central Bank of Sri Lanka (CBSL) today reassured its commitment to ensuring the availability of foreign exchange through the banking system for importation of essential food items while also requesting the trading community and the general public to act responsibly under the prevailing challenging circumstances.
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 warns market players of stern action (Category: Breaking News)
- Sri Lanka CB takes on task finding dollars for food after open account ban (Category: Breaking News)
- Sri Lankan residents permitted to have maximum of USD 10,000 (Category: Breaking News)
- Sri Lanka confirms will not accept MIR payment system (Category: Breaking News)
CBSL would like to reassure its commitment to ensuring foreign exchange within the banking system for food
- Central Bank assures foreign exchange to import essential goods (Category: Breaking News)
- Central Bank instructs further restriction of importing non-essential goods (Category: Breaking News)
- CBSL warns market players of stern action (Category: Breaking News)
- CBSL reassures commitment to ensuring availability of foreign exchange for import of essentials (Category: Breaking News)
The World Bank Country Manager in Colombo, Chiyo Kanda, recently called on the Minister of Foreign Affairs Prof. G.L. Peiris at the Ministry of Foreign Affairs.
[…]The post Important But Imperfect: Recommendations On The Draft 21st Amendment To The Constitution Bill appeared first on Colombo Telegraph.
- The Fall Of The House Of The Speaker: An Essay On A Crumbling House (Category: Breaking News)
- A Prescription For Prime Minister Ranil Wickremesinghe (Category: Breaking News)
- 21st Amendment – Justifications To Bring Back 17 And Not 19 (Category: Breaking News)
- Parliamentary debate on draft of 22nd Amendment to the Constitution scheduled for October (Category: Breaking News)
[…]The post Sri Lanka Tamils: No Choice But To Join GotaGoGama, Stay Put Or Go Abroad appeared first on Colombo Telegraph.
- The Church Of Ceylon In Anarchy: Caste & Affirmative Action (Category: Breaking News)
- Identity In Choice: The Problem Caste In Christianity (Category: Breaking News)
- Hamaduru Ethics Or Deontology? The Challenge Before Modern Sri Lankans (Category: Breaking News)
- Minorities Within Minorities Bullied Into Giving-Up Their Right To Convert & Be Converted Religion (Category: Breaking News)
"Recent media reports have given specific numbers of immediate World Bank support. This is not accurate."
- Second ODI between New Zealand and Sri Lanka abandoned (Category: Breaking News)
- Chinese citizens donate 1,000MT of rice to Sri Lankan students (Category: Breaking News)
- EU tells President to focus on GSP, IMF, human rights (Category: Breaking News)
- UN appeals for expertise and resources to help Sri Lanka (Category: Breaking News)
Ceylon Petrolem Corporation needs 554 million US dollars to import oil in June
- Government land policy is fair- Keheliya (Category: Breaking News)
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
[…]The post A Child’s Guide To Currency Board Systems: Has The Monetary Board Failed The Nation? appeared first on Colombo Telegraph.
- Child’s Guide To Currency Board Systems: Steve Hanke’s Crusade For Currency Boards (Category: Breaking News)
- A Child’s Guide To Currency Board Systems: The Performance Of Ceylon’s Currency Board (Category: Breaking News)
- A Child’s Guide To Currency Boards: Why Did Ceylon Give Up The Currency Board, While Singapore D... (Category: Breaking News)
- A Child’s Guide To Currency Board Systems: How Colonial Ceylon Did It? (Category: Breaking News)
The World Bank Country Manager in Colombo, Chiyo Kanda has assured that approximately USD 700 million will be disbursed to Sri Lanka within the next few months.The post World Bank to disburse USD...Click on the headline to read the full story
On Monday, the central bank guidance margin was set at plus 1.00 rupees or minus 4.00 rupees.
WB has assures 700 million dollars assistance within a few months
- Top Marks (Category: Business)
- Islamic Banking (Category: Business)
- Lucky Thirteen (Category: Business)
- Top Marks (Category: Business)
Sri Lanka has sought assistance from the World Bank until long term assistance materializes through the International Monetary Fund (IMF). World Bank Country Manager in Colombo, Chiyo Kanda, called on the Minister of Foreign Affairs Prof. G.L. Peiris at the Ministry of Foreign Affairs. Minister Peiris sought assistance from the World Bank until long term […]
- UN assures assistance to Sri Lanka to address economic challenges (Category: Breaking News)
- Singapore offers assistance to upgrade immigration system in Sri Lanka (Category: Breaking News)
- Sri Lanka requests foreign countries to review travel advisories (Category: Breaking News)
- Sri Lanka hits back at Canadian Prime Minister over comments (Category: Breaking News)
Times are extraordinary with the macro stresses clearly unprecedented
- Sri Lanka’s NTB profits down 12-pct in March quarter (Category: Breaking News)
- Sri Lanka’s People’s Leasing net down 37-pct in March (Category: Breaking News)
- Sri Lanka’s Sampath Bank’s Profit down by 4.9-pct (Category: Breaking News)
- Sri Lanka’s Hatton National Bank net up in March 2022 quarter (Category: Breaking News)
Tradition in MB is to reach decisions by consensus. If one member disapproves, it isn’t carried
- Central Bank says domestic credit conditions would continue to ease. (Category: Breaking News)
- High interest rates have prevented contraction of economy – CBSL Governor (Category: Breaking News)
- Sri Lanka central bank deep in debt, dollar shortages at ‘guidance’ rate : Wijewardena (Category: Breaking News)
- CBSL permanently revokes money changing permit of Prasanna Money Exchange (Category: Breaking News)
10 monitoring committee
- Rep. Michelle Fischbach appointed to three committees (Category: USA, North Dakota)
- Rep. Michelle Fischbach appointed to three committees (Category: USA, North Dakota)
- Rep. Michelle Fischbach appointed to three committees (Category: USA, North Dakota)
- Rep. Michelle Fischbach appointed to three committees (Category: USA, North Dakota)
Ambassador Chung has stated that the United States will continue to support Sri Lanka during its difficult time
- USAID: Celebrating our shared values (Category: Breaking News)
- US Ambassador commends resilience of Sri Lankans in the face of terrorism (Category: Breaking News)
- President Obama announces new US ambassador to Sri Lanka and Maldives (Category: Breaking News)
- New US Ambassador presents credentials to President (Category: Breaking News)
The central bank is now borrowing mainly through the ACU
- Sri Lanka central bank busts US$9.8bn since Feb 2020 to suppress rates, for stimulus (Category: Breaking News)
- Sri Lanka net government debt soars in 2021 despite zero foreign deficit finance (Category: Breaking News)
- Sri Lanka central bank deep in debt, dollar shortages at ‘guidance’ rate : Wijewardena (Category: Breaking News)
- Sri Lanka forex reserves edge up by slightly to US$1,717mn in September (Category: Breaking News)
[…]The post Never-Ending Political Games; Country Is At Peril appeared first on Colombo Telegraph.
- Attempt To Pull The Wool Over People’s Eyes: 21A To Bamboozle The Citizens (Category: Breaking News)
- The Morning Prayer Of Rajapaksas: Ranil Saranam Gachchāmi (Category: Breaking News)
- Interim Or Military Government; Time To Free Us From Despotism (Category: Breaking News)
- The Latest Laughingstock In The Parliament: Holding Mohini’s Baby (Category: Breaking News)
[…]The post Dollar Crunch & Expanding Horizons appeared first on Colombo Telegraph.
- IMF – Eagerly Awaited – Desperation Grows! (Category: Breaking News)
- Budget 2023: A Depth Or Dearth (Category: Breaking News)
- Current Political Scenario: Smoke & Mirrors (Category: Breaking News)
- Reducing The Tax Burden (Category: Breaking News)
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