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[…]The post On Ranil’s Decision To Tax The People Heavily appeared first on Colombo Telegraph.
MullenLowe Group (MLG) Sri Lanka continues to gain international recognition for marketing effectiveness, being ranked 25th in the Regional Agency Rankings of Effie Effectiveness Index 2021. MullenLowe Group’s country and regional effectiveness ranking contributed significantly to the network ranking in which MullenLowe worldwide came in #7as the most effective network in the world and 3 […]
[…]The post Continuing Corruption: Begging IMF: Increasing Taxes appeared first on Colombo Telegraph.
Sri Lanka’s internet freedom declined during the period of June 2021 to May 2022 due to Government attempts to repress online activities related to protests around the economic crisis, the Freedom on the Net report 2022 said. Prolonged powercuts in the early part of the year also impacted connectivity. In April 2022, the Government briefly […]
"The government is ready to discuss this further," he said.
The World Bank, in its Sri Lanka Development Update (SLDU), emphasises that the first step the country should take is to determine the current needs of the population in a transparent and unbiased manner.The post Debt restructuring is required for sustainability – World Bank appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
US Assistant Secretary of State for South and Central Asian Affairs Donald Lu said that President Ranil Wickremesinghe is the right person to get the country out of the present crisis, the President’s Media Division said. Donald Lu, who is currently on an official visit to Sri Lanka met with President Ranil Wickremesinghe and assured […]
Fitch Ratings warned some Sri Lankan corporates, including those in power generation and homebuilding, are at risk if the economic crisis deepens. Fitch said that the extension of an ongoing import ban beyond the next six months, a further rise in interest rates, prolonged high inflation leading to difficulties in raising selling prices, and delays […]
Leaving his family and relatives was the hardest decision for Suren. But he had no other option.The post Sri Lankans migrate, work over time, eat less to beat inflation appeared first on EconomyNext.
The 11-days that India’s External Affairs Minister (EAM) S. Jaishankar allocated for his recent visit to the United States (US) to attend the 77th session of the United Nations General Assembly (UNGA) and numerous other multilateral and bilateral events were a sign of the increasing confidence and assertiveness that India is now displaying on the […]
Video: Dairy farmers, pensioners affected by Sri Lanka's Economic Crisis
Rated Sri Lankan corporates in consumer-goods retail, power generation and homebuilding will be among the most affected if the economic crisis deepens or is sustained for a prolonged period, says Fitch Ratings.The post Mixed impact on rated Sri Lankan corporates from macroeconomic challenges – Fitch appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Sri Lanka's state-run Ceylon Petroleum Corporation has a habit of getting oil on credit and paying laterThe post Sri Lanka owes US$751mn to oil suppliers: Minister appeared first on EconomyNext.
Rated Sri Lankan corporates in consumer-goods retail, power generation and homebuilding will be among the most affected if the economic crisis deepens or is sustained for a prolonged period, says Fitch Ratings.
About half the firms rated by Fitch could see credit pressure
51-pct of the households says there is an increased risk for girls to get married before they turned 18.
Sri Lanka approved legislation on Tuesday to let companies from oil-producing nations import and sell fuel as it attempts to cope with a steep oil bill that deepened its worst financial crisis in decades.The post Sri Lanka approves law to liberalize petroleum imports appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
[…]The post Does Reading Make A Perfect Person? Clearing A Cloud Of Confusion appeared first on Colombo Telegraph.
[…]The post A Knocking UNHRC 51/5 Resolution Against Sri Lanka; Without A Knockout Blow appeared first on Colombo Telegraph.
Booker Prize 2022: The Seven Moons of Maali Almeida by Shehan Karunatilaka, a supernatural satire has won the Booker Prize. Shehan’s novel is about a photographer who wakes up dead with a week to ask his friends to find his photos and expose the brutality of war. Camilla, the Queen Consort, presented the prize, and the […]
Violence cannot be justified, under any circumstances. Therefore, the practice of referring to the JVP bids to topple the governments of the late Mrs. Sirimavo Bandaranaike (April 1971) and JRJ and Ranasinghe Premadasa (1987-1990) as southern insurrections should be stopped. The armed forces and police defeated the JVP and LTTE terrorism. Several other Tamil terrorist […]
Wednesday 19th October, 2022 Most political leaders in this country tend to live in the past. Former President Mahinda Rajapaksa is one of them. He seems to be labouring under the delusion that his theatrics can still yield enough votes for the SLPP to win elections. He has undertaken to revitalise the battered SLPP almost […]
As a Sri Lankan who benefitted from free education, I feel honoured and privileged to deliver this Dr. C.W.W. Kannangara Memorial Oration, the 32nd in the lecture series inaugurated in 1988 on the twentieth anniversary of his demise. I am well aware of the gravity of this task, particularly when considering the impressive stature of […]
Jesus was a supremely and radically free human being. He was not a slave, a serf, a follower of anybody or under any authority human or divine. There was nothing, no commandment or tradition, no law or regulation that could bind him down. He did not give his companions and his group a constitution or […]
Sri Lanka's Power and Energy Minister Kanchana Wijesekera told Parliament today (October 18) that even after the electricity tariff increase, the Ceylon Electricity Board (CEB) is to incur a loss of Rs. 152 Billion.The post Ceylon Electricity Board still making losses even after tariff hike – Power & Energy Minister appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ...
Video: Rural Sri Lanka battered by ecomomic crisis, wild elephant threats, lack of clean water
The Government says there has not been any discussion on postponing the Local Government (LG) elections. Opposition Leader Sajith Premadasa asked the Government in Parliament today if there was a move to postpone the elections. Responding to the question, Minister Susil Premajayantha said that there has not been any discussion to postpone the LG elections. […]
President Ranil Wickremesinghe congratulated Shehan Karunatilaka on winning the Booker Prize for The Seven Moons of Maali Almeida. The Sri Lankan writer’s novel is about a photographer who wakes up dead, with a week to ask his friends to find his photos and expose the brutality of war. Camilla, the Queen Consort, presented the prize, and the author […]
Japan is working to organise a meeting of Sri Lanka’s creditors by the end of this year in hopes of solving that country’s debt crisis, the Japan News (By Yomiuri Shimbun) has learned.The post Japan to organize Sri Lanka creditors’ meeting by year-end – report appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.