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[…]The post 2024: A Year Of Historic Choice appeared first on Colombo Telegraph.
- Celebrating Independence Or Inaugurating Dependence? (Category: Breaking News)
- The Road Ahead For RW & Aragalaya (Category: Breaking News)
- Homework For NPP (Category: Breaking News)
- Economics Of Recovery & Politics Of Reconciliation (Category: Breaking News)
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.
- Sri Lanka’s Central Bank lays out policies to restore price stability, macroeconomic strength (Category: Breaking News)
- Sri Lanka unexpectedly raises rates to fulfil IMF bailout requirements (Category: Breaking News)
- Sri Lanka central bank chief: monetary policy transmission still incomplete (Category: Breaking News)
- Sri Lanka gives China deal details, keeping IMF aid on track (Category: Breaking News)
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 […...
- Economic growth of 9.5% targeted by 2013. (Category: Breaking News)
- India aims for enhanced trilateral cooperation with Japan and Lanka (Category: Breaking News)
- Restructuring Power And Energy Sector Vital (Category: Business)
- Milinda blames halfhearted economic reforms over the years for current crisis (Category: Breaking News)
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 […...
- Dons condemn suppression of Aragalaya movement (Category: Breaking News)
- SJB: JVP’s call for RW’s participation in proposed debate diversionary tactic (Category: Breaking News)
- SJB Leader wants action against not only Rambukwella but also 113 MPs who defeated no-faith motion (Category: Breaking News)
- Opposition calls SLPP bluff, challenges ruling party to defeat budget (Category: Breaking News)
[…]The post Rebuild Trust To Achieve Success Even By 2048 appeared first on Colombo Telegraph.
- Crisis-Hit Sri Lanka Economy (Category: Breaking News)
- Target 2048 – Private Sector Should Not Just Sit Aloof (Category: Breaking News)
- Target 2048 Requires Sri Lanka To Develop A Viable Creative Capital Base (Category: Breaking News)
- Economy 2024: More Challenging Than The Two Previous Years (Category: Breaking News)
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 […]
- Prez vows to reform loss-making state enterprises, implement new tax regime (Category: Breaking News)
- GMOA warns of impending crisis in health sector due to exodus of professionals (Category: Breaking News)
- More than 1000 docs migrated in 2022 (Category: Breaking News)
- CBSL Governor upbeat about being on right track, but urges govt. to do more to protect low-incom... (Category: Breaking News)
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 […]
- WHO predicts COVID-19 will become endemic (Category: Breaking News)
- WHO predicts COVID-19 will become endemic (Category: Breaking News)
- WHO predicts COVID-19 will become endemic (Category: Breaking News)
- More virulent than Covid! (Category: Breaking News)
[…]The post IMF, Taxes & Social Revolution appeared first on Colombo Telegraph.
- NPP Deserves Fairness From Critics (Category: Breaking News)
- NPP & Bird Cage Economy (Category: Breaking News)
- IMF Forecasts & Systemic Crisis (Category: Breaking News)
- Glocalization Without Financialization (Category: Breaking News)
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...
- Sri Lanka Navy detains 12 Indian fishermen (Category: Breaking News)
- Japanese farms recruiting workers from Sri Lanka (Category: Breaking News)
- Ship with two Sri Lankans hit by Houthi missile killing three seafarers (Category: Breaking News)
- First batch of Sri Lankan workers sent to Israel despite conflict (Category: Breaking News)
[…]The post No Christmas In Bethlehem, Vatican Breakthrough & Himalayan Declaration appeared first on Colombo Telegraph.
- No room at the inn as Bethlehem celebrates Christmas (Category: Breaking News)
- Nativity Church in Bethlehem to bless President Rajapaksa (Category: Breaking News)
- A mass in Bethlehem to bless the President (Category: Breaking News)
- Coronavirus dampens Christmas joy in Bethlehem and elsewhere (Category: USA, South Dakota)
[…]The post Is True “System Change” In Sri Lanka Only A Fantasy? appeared first on Colombo Telegraph.
- True Meritocracy Not The Sham Of All Party Mediocracy (Category: Breaking News)
- Forced Cremation Of Covid Victims – A Final Authoritative Word (Category: Breaking News)
- Forced Cremation Of Covid Victims – A Final Authoritative Word (Category: Breaking News)
- The Malicious “Shafi Frame Up”: Will 2023 See The Guilty Being Punished? (Category: Breaking News)
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...
- SJB warns against counting foreign loans as part of forex reserves (Category: Breaking News)
- Harsha rubbishes President’s claim LG polls cannot be held (Category: Breaking News)
- Ready to support all-party govt, Harsha says (Category: Breaking News)
- Public Finance Committee Chief Harsha De Silva demands President publicize IMF conditions (Category: Breaking News)
The Inland Revenue Department yesterday (21) issued the list of goods and services that would be exempted from the enhanced Value Added Tax (VAT) regime that comes into effect from 01 January 2024. The list of items included Wheat and wheat flour; infant milk powder; Pharmaceutical Products and Drugs (other than cosmetics) whose end use […]
- Tech Focus (Category: Business)
- Mobile Awareness (Category: Business)
- Tele Tracks (Category: Business)
- Post Loss (Category: Business)
The SJB has cautioned the Wickremesinghe-Rajapaksa government against counting loans received from the IMF, World Bank and ADB as external buffers as they have to be paid back. SJB MP Dr. Harsha de Silva said loans secured from whatever sources weren’t earned reserves. The former UNP State Minister and economist said so when we sought […]
- Samagi Jana Balawegaya warns against counting foreign loans as part of forex reserves (Category: Breaking News)
- Initial consensus among MPs on recovery plan (Category: Breaking News)
- Central Bank eyeing USD 8 -10 billion currency reserves in 3-4 years (Category: Breaking News)
- Udaya wants public, private sector workers paid on weekly basis in view of economic crisis (Category: Breaking News)
Sri Lanka said on Wednesday it expects its foreign exchange reserves to rise above $4 billion this month, their highest level since the island nation plunged last year into its worst economic crisis since independence in 1948.The post Sri Lanka sees forex reserves exceeding $4 billion after fresh funding appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Exclusive: Sri Lanka expects up to $8 billion more in loans, asset restructuring (Category: Breaking News)
- India to allow Sri Lanka to repay debt over 12 years (Category: Breaking News)
- India plans no more funding for Sri Lanka as IMF talks progress (Category: Breaking News)
- Samagi Jana Balawegaya warns against counting foreign loans as part of forex reserves (Category: Breaking News)
The World Bank has released 250 million U.S. dollars as the second tranche of the Resilience, Stability and Economic Turnaround (RESET) Development Policy Operation (DPO), the international lender said in a statement on Wednesday (20). In June, the World Bank announced 500 million dollars for the RESET Development Policy Operation, which supports reforms that improve […]
- Top Marks (Category: Business)
- Islamic Banking (Category: Business)
- Lucky Thirteen (Category: Business)
- Top Marks (Category: Business)
Former President and Sri Lanka Podujana Peramuna (SLPP) leader Mahinda Rajapaksa has slammed the tax policies of President and United National Party (UNP) leader Ranil Wickremesinghe. The SLPP is part of Ranil Wickremesinghe’s Government but is expected to contest separately at the next elections. Issuing a statement, Rajapaksa said that around 40 professional associations and […]
- Sri Lanka’s former President says Tax policy will become a major political issue in 2024 (Category: Breaking News)
- President orders Police protection for Israelis in Sri Lanka (Category: Breaking News)
- Ranil leading talks to form all-party Government (Category: Breaking News)
- President seeks Sajith’s support to address key issues (Category: Breaking News)
Pintanna Holdings, a pioneer in the Sri Lankan Agarwood plantation sector, is making significant strides. The inauguration of the newly constructed multi-purpose building, equipped with modern technology at Pintanna Estate, coincided with the official unveiling of Pintanna’s commemorative cover launch. Additionally, the company has introduced its second Agarwood Investment Rewards to ...
- Sri Lanka seeks investments from Russian businessmen (Category: Breaking News)
- JICA prepared to resume funding projects in Sri Lanka (Category: Breaking News)
- Sinopec to operate 200 filling stations in Sri Lanka (Category: Breaking News)
- Singer Sri Lanka Recognized as a Strategic Alliance Partner at Sony’s Annual BPC in Singapore. (Category: Breaking News)
Former President of Sri Lanka, Mahinda Rajapaksa stated that tax policy will become a major political issue in 2024 after the VAT increase in the 2024 budget.The post Sri Lanka’s former President says Tax policy will become a major political issue in 2024 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Mahinda slams Ranil’s tax policies (Category: Breaking News)
- Reducing The Tax Burden (Category: Breaking News)
- CP Chief calls for re-alignment of political forces to thwart Ranil (Category: Breaking News)
- SC ruling on economic crisis: Parliament also responsible, says Foreign Minister (Category: Breaking News)
[…]The post Reducing The Tax Burden appeared first on Colombo Telegraph.
- Tax! Tax!! Tax!!! (Category: Breaking News)
- Sri Lanka’s former President says Tax policy will become a major political issue in 2024 (Category: Breaking News)
- Mahinda slams Ranil’s tax policies (Category: Breaking News)
- Child’s Guide To Ranilnomics: Actual Tax Payment Is Not What One Pays Today (Category: Breaking News)
In actual fact the foundation for the current economic chaos was laid under the Yahapalana rule when they borrowed as much as USD 12 billion from the international bond market, at high interest rates, with them not even undertaking any developmental works, like the Rajapaksas, or, for that matter, any worthwhile economic activity. We certainly […]
- Readying for the big fight (Category: Breaking News)
- Talks underway with dissident SLPPers: Chief Opp. Whip (Category: Breaking News)
- Ranil – A Man With A Soul So Dead (Category: Breaking News)
- SJB asks Mahinda why he protects Ranil if SLPP plans to go it alone at next election (Category: Breaking News)
[An article based on the Keynote Address delivered by Dr. P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, recently at the Annual Research Symposium 2023 of the University of Colombo] Introduction Inflation affects every aspect of our lives; it is a force that shapes our purchasing power, influences our financial decisions, and […]
- Nexus between money, exchange rate, money printing and inflation (Category: Breaking News)
- ‘SL’s inflation reduced to single digit levels in 2023 along with restoration of price stability’ (Category: Breaking News)
- High interest rates have prevented contraction of economy – CBSL Governor (Category: Breaking News)
- CB eases monetary conditions by reducing its interest rates (Category: Breaking News)
[…]The post Champika Ranawaka’s Journey To Presidency: Forging His Own Path appeared first on Colombo Telegraph.
- PAYE Tax; Will There Be A Mass Exodus? (Category: Breaking News)
- Measures to rein in errant liquor companies proposed (Category: Breaking News)
- Champika Ranawaka’s Transformative Message: Lessons For National Unity & Global Politics (Category: Breaking News)
- Corrupt elements use Parliament, Finance Ministry to evade taxes (Category: Breaking News)
Sri Lanka’s State Minister for Technology, Kanaka Herath has articulated his commitment to implementing a steadfast digital economic policy that remains consistent across government transitions.The post Sri Lanka’s Technology Minister says Digital Economic Policies will remain unaltered when Governments change appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Digital Economic policies to stay even if governments change – State Minister for Technology (Category: Breaking News)
- Digital economic policies to remain unaltered even if governments change (Category: Breaking News)
- Unique Digital Identity Project in progress - State Minister of Technology (Category: Breaking News)
- Sri Lanka Unique Digital Identity (SL-UDI) Framework: India extends INR 450 million advance to e... (Category: Breaking News)
[…]The post Don’t Disregard The Less Privileged appeared first on Colombo Telegraph.
- Hoping Against Hope In The New Year (Category: Breaking News)
- Non-Consultative Business As Usual Approach Belittles Nation Crises That Cry For Priority (Category: Breaking News)
- Rise & Fall Of Nationalism In North & South (Category: Breaking News)
- Preparing The Ground For Early Elections (Category: Breaking News)
Sri Lanka President Ranil Wickremesinghe has urged all political leaders to exhibit responsibility in their approach to the International Monetary Fund (IMF) program.The post Sri Lanka President calls for proposals from opponents of IMF program to rescue country from financial crisis appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- The President desires to make the most of the development opportunities in the Indian Ocean regi... (Category: Breaking News)
- Rupees 1,500 million allocated for ‘Greater Kandy Urban Development Program’ – State Minister fo... (Category: Breaking News)
- Sri Lanka will not allow anything harmful to India’s security – President Ranil (Category: Breaking News)
- Having Proper plan to strengthen Sri Lanka’s economy is important – President (Category: Breaking News)
[…]The post Lending In A Recession: Banks Should Do Venture Capital Financing For Startups appeared first on Colombo Telegraph.
- Suspension Of Parate Execution Won’t Do; Establish Bad Bank To Resolve Issue Permanently: Dr. An... (Category: Breaking News)
- Debate Over Profits Of Banks: Who Shares Them Ultimately? – Part II (Category: Breaking News)
- Debate Over Profits Of Banks: Who Shares Them Ultimately? (Category: Breaking News)
- Four Popular Fallacies Relating To Central Banking (Category: Breaking News)
[…]The post Ranil’s Honeymoon With The ‘Inglorious Illegitimates’ appeared first on Colombo Telegraph.
- Ranil Vs. AKD: Who Will Blink First? (Category: Breaking News)
- Anti-Terrorism Act Is ‘State Terrorism’ In Sheep’s Clothing (Category: Breaking News)
- Calm Before The Storm! Aragalaya -’22 Has Rested Enough!!! (Category: Breaking News)
- Ranil’s Choices (Category: Breaking News)
[…]The post 2024 Election Year; The Perennial Challenge Of Cleaning The Stables For Sri Lanka! appeared first on Colombo Telegraph.
- Can Sri Lanka Come Out Of Its ‘Deer In The Headlights’ Mindset? (Category: Breaking News)
- Keeping The Risen-Up Electorate Awake; An Imperative! (Category: Breaking News)
- Politics & Death Of Sanath Nishantha: Some Sombre Lessons & Reflections (Category: Breaking News)
- Beyond Ousting The Shamed ‘Suhartos’ Of Sri Lanka! (Category: Breaking News)
[…]The post Citizens Need A Snow White To Prod The Dwarfs In Governance & Society! appeared first on Colombo Telegraph.
- Is Post-Crisis Essential Reforms Being Effectively Progressed? If Not What Is The Way Forward? (Category: Breaking News)
- A Postscript To Political Crisis: A Way Out (Category: Breaking News)
- Mr. President, Dawn Of The New Year Is The Time For Reflection & To Redress Citizens Grievances ... (Category: Breaking News)
- Are Providers Of Information Under RTI Cognizant Of Their Obligations? (Category: Breaking News)
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