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By Rathindra Kuruwita Thousands of jobs in Sri Lanka’s book publishing industry will be lost due to the imposition of VAT (18%) on books publishers claim.They claim that about 30 percent of bookshops have been closed due to the economic crisis. There had been no taxes on books before 01 January 2024, Sri Lanka Book […]
Sri Lankan President Ranil Wickremesinghe delivered a speech at the 7th Indian Ocean Conference in Perth, focusing on the theme “Towards a Stable and Sustainable Indian Ocean.”The post Sri Lanka President Ranil Wickremesinghe addresses 7th Indian Ocean Conference in Perth appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
[…]The post NPP Deserves Fairness From Critics appeared first on Colombo Telegraph.
[…]The post NPP’s Visit To India & Learning From India’s Success appeared first on Colombo Telegraph.
President Ranil Wickremesinghe said in Parliamenty yesterday he was aware that Value Added Tax (VAT) was a burden on the public. He said it would be possible to reduce VAT with the passage of time. Delivering the government policy statement at the commencement of the new session of Parliament, the President said: “The prior scarcity […]
By DR. C. S. WEERARATNA A trade deficit typically occurs when a country does not produce enough goods for its citizens. When production cannot meet demand as in Sri Lanka, there is a need to import thereby widening the trade deficit. A persistent trade deficit is detrimental to a country’s economy because it is financed […]
Urges unity over deep political divisions for effective crisis management Says ‘intricate’ foreign debt restructuring will take up to six months Invites Opposition to confer with institutions that foster international financial stability by Sanath Nanayakkare As government revenue increases, measures will be taken to increase benefits for the people accordingly, President Ranil Wickremesinghe said...
President Ranil Wickremesinghe sought the support of the Janatha Vimukthi Peramuna (JVP) and also assured a review of the VAT, while speaking in Parliament, Wednesday. The President noted that the JVP had worked with the Government when he was Prime Minister in 2015. He said that if the JVP could work with the 2015 ‘Good […]
Inaugurating the 5th session of the 9th Parliament of Sri Lanka President Ranil Wickremesinghe called upon all lawmakers to collaborate in nation building even though they would be contesting elections separately. “From ancient times to the present day, our world has encountered a myriad of crises, spanning nations and personal lives alike. While some crises […]
[…]The post 76 Years Of (In)Dependence! appeared first on Colombo Telegraph.
Sri Lanka President Ranil Wickremesinghe while presenting his Policy Statement in Parliament today (February 07), says the government was planning to reduce the tax burden as economic reforms continue to stabilize the economy.The post Sri Lanka President Ranil delivers Government’s policy statement in Parliament appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
As the Maldives approaches a critical juncture in its economic trajectory, the decisions made by President Mohamed Muizzu are coming under intense scrutiny. The nation, composed of around 550,000 people stands at a crossroads, grappling with economic challenges exacerbated by a series of decisions that have raised eyebrows and sparked concerns. The recent reports indicating […]
[…]The post Anura’s Visit To India, Its Signs & Importance appeared first on Colombo Telegraph.
[…]The post JVP: From Idealism Of Anti-Indianism To Pragmatic Realism(?) appeared first on Colombo Telegraph.
Sri Lanka has approved gradually lifting some limits on converting rupees to foreign exchange for outward remittances and the new directions will be presented to parliament for approval, cabinet spokesperson Bandula Gunawardane said on Tuesday.The post Sri Lanka approves lifting some limits on rupee conversion for outward remittances appeared first on ONLANKA - Sri Lanka Latest Breaking News and T...
N Sathiya Moorthy Chennai 4 February 2024 The way western nations through their diplomats deployed in Colombo continue to comment on what essentially are internal matters of the country, they should sooner than later be prepared for a future government either asking them to shut up or withdraw into a shell, at times quitting […]
[…]The post Government Celebrates Independent Of The People appeared first on Colombo Telegraph.
Sri Lanka expects to attract about US$5 billion in foreign funds in the next two years once it is able to finalise the restructuring of its overseas debt, the country’s foreign minister said on Monday (February 5).The post Sri Lanka eyes US$5 billion in foreign funds after debt restructure appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
By Jehan Perera The day before Independence Day, a book launch took place at the Mangaiyar Mandapam Hindu Women’s Society in Wellawatte. The two books launched were biographies of a father and son who contributed to public life in Sri Lanka over the past century. The father was Sir Waitialingam Duraiswamy a former speaker of […]
Sri Lanka expects to attract about US$5 billion in foreign funds in the next two years once it is able to finalise the restructuring of its overseas debt, the country’s foreign minister said on Monday (Feb 5). The nation defaulted on its overseas debt in May, 2022 after a severe shortage of foreign exchange reserves […]
[…]The post Sri Lankans Should Fight For Economic Freedom & Not For Economic Independence appeared first on Colombo Telegraph.
By EMERITUS PROFESSOR RANJITH SENARATNE, Chairman, National Science Foundation and former General President, Sri Lanka Association for the Advancement of Science The global order in a state of flux Rapid economic and political changes in emerging economies and developing countries have an impact on the existing world order that is gradually moving from a Western-centred […]
[…]The post A Letter To Anura Kumara Dissanayake – Spell Out Your Agenda appeared first on Colombo Telegraph.
[…]The post Les Enfants Du Paradis – Part III appeared first on Colombo Telegraph.
Namibia’s President Hage Geingob has died at the age of 82 while receiving medical treatment at a hospital in the capital, Windhoek. A veteran of the country’s independence struggle, Geingob had been diagnosed with cancer and revealed the details to the public last month. He died early on Sunday with his wife and children by […]
Cardinal Malcom Ranjith slammed Sri Lanka’s Independence Day parade held at Galle Face at a time when some people in the country are hungry with no food. The Cardinal said that holding a parade for some foreign dignitaries to see disrespects the people living in hunger. He also asked if Independence Day in Sri Lanka […]
[…]The post The Bleak Future For Sri Lanka : 75 Years After Independence appeared first on Colombo Telegraph.
During a Joint Press Conference today (February 03), President Ranil Wickremesinghe expressed his utmost pleasure in welcoming Prime Minister Srettha Thavisin and his distinguished delegation to Sri Lanka.The post Sri Lanka and Thailand signed Free Trade Agreement (FTA) appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
[…]The post The Ups & Downs Of Jaffna appeared first on Colombo Telegraph.
[…]The post Les Enfants Du Paradis – Part II appeared first on Colombo Telegraph.