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[…]The post Changing Pillows To Cure Headaches: Politicians—Constitutional Amendment Mess appeared first on Colombo Telegraph.
- Immediate Governmental Actions Needed (Category: Breaking News)
- Debt Trap, Lack Of Accountability & Blunders (Category: Breaking News)
- Lack Of Accountability, Ability & Credibility (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) […]
- 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)
- Sri Lanka seeks temporary relief from debt defaults till 2027 (Category: Breaking News)
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)
Sri Lanka's pharmaceuticals suppliers are hit by payment delays and are also facing regulatory delays
- Working Together (Category: Business)
- ORNGE charity that vowed to improve patient care has been closed (Category: Canada, Ontario)
- The Apple Car apparently isn't dead, report says - Roadshow (Category: Technology)
- The Apple Car apparently isn't dead, report says - Roadshow (Category: Technology)
France has gifted Sri Lanka anesthetics and respiratory medications worth 300,000 Euros
- Higher Marks (Category: Business)
- Sri Lanka's new cabinet takes oath (Category: Breaking News)
- Sri Lanka's new cabinet takes oath (Category: Breaking News)
- Sri Lanka's new cabinet takes oath (Category: Breaking News)
The Philippines says it is ready to evacuate its nationals employed in Sri Lanka, owing to the economic crisis. Malacañang, the Philippines President’s Office, said that it has advised overseas Filipino workers (OFWs) who are seeking repatriation from Sri Lanka to get in touch with either the Philippine embassy in Dhaka or the Honorary Consulate […]
- Zoo Warning (Category: Business)
- Watch List (Category: Business)
- Open Skies (Category: Business)
- Floods in Sri Lanka, Brazil and Philippines Kill Hundreds (Category: Breaking News)
Publishers, printers and writers warned of the shortage as early as February
- CSE records new heights (Category: Breaking News)
- Strategic plan, transformational map to bolster Colombo Bourse: CSE Chief (Category: Business)
- Communications Tool (Category: Business)
- Sri Lanka, rising star of Asian economy – FOX NEWS (Category: Breaking News)
"This will ease the burden on CPC and fuel stations providing in bulk."
- Twice rejected petrol released to the market in Sri Lanka (Category: Breaking News)
- Sri Lanka raises fuel prices by 7.5 percent (Category: Breaking News)
- Sri Lanka Petroleum Corporation calls for tenders to import fuel for six months (Category: Breaking News)
- Cabinet nod to allow specific sectors of economy to import fuel individually (Category: Breaking News)
They brought the proposal (in 2020) that Financial Advisors have to be appointed to make debt sustainable.
- IMF says “require adequate assurances” on Sri Lanka’s debt sustainability restoration (Category: Breaking News)
- IMF team in Sri Lanka policy talks on program from August 24 (Category: Breaking News)
- Sri Lanka IMF discuss macro-fiscal plan, Finance Minister needed for policy sign-off (Category: Breaking News)
- CBSL governor hopeful Sri Lanka can achieve debt sustainability before IMF dates (Category: Breaking News)
Lack of jet fuel in Colombo forces SriLankan, other airlines to refuel in other airports
- Price Hike (Category: Business)
- Engine Efficiency (Category: Business)
- Soft Asset (Category: Business)
- Sri Lanka faces risk of international airlines pullout after fuel notice (Category: Breaking News)
“What the international community is looking for is long-term policy credibility and sustainability."
- Sri Lanka’s business mogul Dhammika Perera attempts to bring hope after govt failures (Category: Breaking News)
- EXPLAINER – Sri Lanka people’s hopes fade as monetary stability eludes new PM (Category: Breaking News)
- IMF says talks with Sri Lanka make significant policy progress (Category: Breaking News)
- Crisis-hit Sri Lanka’s interim budget aims ambitious revenue, debt cut targets (Category: Breaking News)
Regional plantation companies and smallholders are harvesting green leaf and arranging deliveries
- Market Share (Category: Business)
- Leaf Factor (Category: Business)
- Value Trend (Category: Business)
- Leaf Trend (Category: Business)
Normal and expected levels in the Port of Colombo, despite the economic and political crisis
- Box Trends (Category: Business)
- Ferry service to Colombo from Indian port resumes after 20 years (Category: Breaking News)
- Colombo Port to attract Rs 3 billion (Category: Breaking News)
- 3 Japanese warships arrive in Sri Lanka (Category: Breaking News)
The United Nations (UN) has assured assistance to Sri Lanka in addressing the current economic challenges. Foreign Minister Prof. G. L. Peiris met the UN Resident Coordinator in Colombo, Hanaa Singer- Hamdy to discuss multiple impacts arising out of the current economic situation in the country such as supply of essential items, concerns regarding food […]
- Chinese support sought to mitigate economic challenges in Sri Lanka (Category: Breaking News)
- Central mechanism to be established to streamline requests for assistance (Category: Breaking News)
- Sri Lanka looks to enhance ties with Russia (Category: Breaking News)
- Sri Lanka concludes bilateral consultations with Japan (Category: Breaking News)
Wijesekara made this announcement at the weekly cabinet media briefing Tuesday morning.
- Cairn India to start drilling for oil in Sri Lanka in August (Category: Breaking News)
- ‘Sapugaskanda Oil Refinery’ to become a separate state enterprise (Category: Breaking News)
- ‘Sapugaskanda Oil Refinery’ to become a separate state enterprise (Category: Breaking News)
- Sri Lanka oil exploration continues (Category: Breaking News)
Experts say, “The lack of cooperation by Beijing would complicate the debt recovery journey of Sri Lanka”. The magnitude of the economic crisis that Sri Lanka is facing has reached catastrophic proportions. The whole world is astounded by the rampant mismanagement beyond the comprehension of anybody. Once an economic model of Asia, is now reeling […]
- China cautions Sri Lanka on IMF deal (Category: Breaking News)
- India slams Chinese envoy in Sri Lanka (Category: Breaking News)
- Is China playing with Sri Lanka’s bid to secure an IMF loan? (Category: Breaking News)
- China assures continued support to Sri Lanka (Category: Breaking News)
Motorists around the country have queued for fuel, but the government was unable to supply.
- Sri Lanka stocks fall after fuel price hike (Category: Breaking News)
- Sri Lanka stocks down on fuel price hike, CB chief’s worst growth comment (Category: Breaking News)
- Amid long fuel queues, over 100 arrested in Sri Lanka for hoarding (Category: Breaking News)
- Sri Lanka shares slump to one-month low; foreigners exit after PM’s cautioning (Category: Breaking News)
Cabraal kept the exchange rate artificially steady while spending reserves for foreign debt repayment.
- Govt. may stop supplying dollars (Category: Breaking News)
- SL’s defence cost only US 5.5bln dollars (Category: Breaking News)
- Cost of Sri Lanka's war a vital investment, Governor of Central Bank says (Category: Breaking News)
- Sri Lankas international sovereign bond oversubscribed CB govenor (Category: Breaking News)
Cabraal has been prevented leaving the country from April 7
- President pays last respects to Central Bank Governor's mother (Category: Breaking News)
- President pays last respects to Central Bank Governor’s mother (Category: Breaking News)
- I'm not bother on Ranil's statement: Central Bank Governor (Category: Breaking News)
- ‘Now is the time to invest in Sri Lanka' (Category: Breaking News)
Protests demanding the resignation of President Gotabaya Rajapaksa continue around the island.
- Website launched to keep track of fuel reserves at fuel stations (Category: Breaking News)
- Oily Issue (Category: Business)
- Government opens new fuel stations in Northern Sri Lanka (Category: Breaking News)
- Sri Lanka Petroleum Minister says CPC now receiving its normal fuel supply (Category: Breaking News)
[…]The post A Cabinet Of Patriotic Opportunists appeared first on Colombo Telegraph.
- Economic Realities & Political Promises (Category: Breaking News)
- Ranil’s Post-IMF Challenge (Category: Breaking News)
- Parliament Of Monkeys (Category: Breaking News)
- Muslim Politics & National Crises (Category: Breaking News)
The new government yet come up with some concrete steps to come out of Sri Lanka's unprecedented economic crisis
- 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 Haycarb March net up on forex gains (Category: Breaking News)
- Sri Lanka sells Rs80bn in mostly 3-month bills, down 18bp (Category: Breaking News)
The Government of Japan is giving essential medicines to Sri Lanka through UNICEF to meet the urgent needs of the most vulnerable population as the country grapples with shortages due to an economic crisis. The contribution of US$ 1.5 million will enable UNICEF to procure medicines for over 1.2 million people, among them 53,000 pregnant […]
- Japan hands over vital medical supplies to Sri Lanka (Category: Breaking News)
- UNDP and Michelin Foundation partner to procure essential medicines for Sri Lanka (Category: Breaking News)
- Indian ship with large humanitarian assistance to arrive in Sri Lanka (Category: Breaking News)
- UNICEF and Rotary International partner to deliver critical lifesaving supplies to families impa... (Category: Breaking News)
The banned stations are in Makola South, Naalla, Pethiyagodda and Mirigama.
- Gas muzzlers (Category: Technology)
- Why 'feed' a car? (Category: Technology)
- 'Miracle material' (Category: Technology)
- Gas Only (Category: Business)
Sri Lanka sees long queues for fuel around the country
- 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 Haycarb March net up on forex gains (Category: Breaking News)
- Sri Lanka sells Rs80bn in mostly 3-month bills, down 18bp (Category: Breaking News)
Sri Lanka is desperate for dollar inflows
- 400 Shops In Colombo To Be Sealed (Category: Breaking News)
- Video: HIRU THANIWELA EP 400 (Category: Video)
- Oil Pipeline Places Over 400 Families Under Threat (Category: Breaking News)
- IPO To Raise Rs. 400 mn (Category: Breaking News)
Sri Lanka facing two key drug shortage which are needed for heart patients and anti-rabies vaccine
Prime Minister Ranil Wickremesinghe today painted a gloomy picture for Sri Lanka saying the country will face an even more difficult time period in the short term. In an address to the nation today, the Prime Minister said that there are petrol stocks only for a single day, there is a possibility that the daily power […]
- PM warns fuel situation to get worse over next few weeks (Category: Breaking News)
- Fuel stocks sufficient for only around five days (Category: Breaking News)
- Leadership of Gota and Ranil rejected (Category: Breaking News)
- India focusing on ways it can help Sri Lanka economically (Category: Breaking News)
New Prime Minister reveals the grim reality of the economy
- Gas Strike (Category: Business)
- Gas Demand (Category: Business)
- Fuel Switch (Category: Business)
- Litro decides not to increase domestic LP gas prices (Category: Breaking News)
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