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- onlanka.com - Category : Breaking News - Relavancy : 0.09227454

Sri Lanka's consumer price inflation rate jumped to 4.2% year-on-year in December driven by rising food prices, official data showed on Monday, although it remains well below record high levels seen at the height of the country's financial crisis.The post Rising food prices drive Sri Lanka inflation up to 4.2% in December appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- colombogazette.com - Category : Breaking News - Relavancy : 0.052728307

Pakistan is currently suffering from political instability and uncertainty which has increased the political environment and polarization. Unfortunately, this has resulted in attacks on media protection and press freedom in the country. Political polarization and uncertainty affect media protection in Pakistan. State-level media bans continue unabated. The Pakistan Electronic Media Regulatory Auth...

- island.lk - Category : Breaking News - Relavancy : 0.04613727

by Dr Amali Wedagedara In Sri Lanka, public policy lost in the neoliberal haze treats the market as a cure for all ills. Not only is the market omnipresent, but it is also omniscient and omnipotent. The charm of the ‘market’ that research and advocacy lobbyists are creating is so alluring that only a few […]

- island.lk - Category : Breaking News - Relavancy : 1.8997678

… USD 5 mn paid to Iran a month By Shamindra Ferdinando Power and Energy Minister Kanchana Wijesekera has confirmed that consumers of petrol and diesel have been made to pay Rs. 50 to Rs. 55 per litre since the middle of last year to settle what the Ceylon Petroleum Corporation (CPC) owed its creditors. […]

- island.lk - Category : Breaking News - Relavancy : 0.052728307

By Saman Indrajith Forty-eight-year-old Batticaloa District MP Sivanesathurai Chandrakanthan, popularly known as Pillayan, has been shaping the Eastern Province’s political narrative since he was a teenager. He was just 16-years old when he joined the LTTE in 1990 as a child soldier. Since then, he continued to rise in the ranks of the LTTE until […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.07909246

Regressive government policies and inadequate social protection left many Sri Lankans at risk from the worst effects of the country’s economic crisis, Human Rights Watch said in its World Report 2024. The Government of President Ranil Wickremesinghe continued to repress freedoms of expression and association, and pursue policies that discriminate against minority communities. “Millions of […...

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.052728307

[…]The post Wickremesinghe Govt. Continues To Repress Freedoms Of Expression & Pursue Policies Against Minorities: HRW appeared first on Colombo Telegraph.

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.032955192

[…]The post Israel Versus Palestinians: Thank God For South Africa’s Boldness appeared first on Colombo Telegraph.

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.04613727

[…]The post Ways & Means: If There Is A Will, There Is A Way appeared first on Colombo Telegraph.

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- colombotelegraph.com - Category : Breaking News - Relavancy : 0.046605676

[…]The post Is VAT, A Payment For Past Sins Or A Bitter Pill To Swallow? appeared first on Colombo Telegraph.

- onlanka.com - Category : Breaking News - Relavancy : 0.13182077

After the increase in VAT from January 01, 2024, the overall construction expenses have increased by 20%, Chairman of the  National Construction Association of Sri Lanka M.D. Paul said.The post Construction expenses in Sri Lanka rise by 20% after VAT hike appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.052728307

[…]The post Sri Lanka 2023: Bouquets & Brickbats appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 1.8997678

By Shamindra Ferdinando Even after imposing 18 percent Value Added Tax (VAT) on fuel with effect from January 1, the government continued to charge Rs 50 on a litre of both petrol and diesel purportedly to recover losses incurred by the highly corrupt state owned Ceylon Petroleum Corporation (CPC

- onlanka.com - Category : Breaking News - Relavancy : 2.3747096

Fuel prices in Sri Lanka have been revised with effect from midnight on December 31, 2023.The post Sri Lanka revises fuel prices from December 31, 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- island.lk - Category : Breaking News - Relavancy : 0.13182077

Sri Lanka’s inflation rose to 4.0 percent in December, the third consecutive monthly rise as the cash-strapped nation was set to increase taxes from the New Year.The benchmark Colombo Consumer Price Index jumped by 1.7 points to reach 195.1, or a 4.0 percent increase compared to a year ago when inflation was 57.2 percent. The […]

- island.lk - Category : Breaking News - Relavancy : 0.13049589

Education of about 54.9 percent of Sri Lankan students has been affected by the economic crisis since March 2022, the latest Household Survey on Impact of Economic Crisis – 2023 by the Department of Census and Statistics reveals. Out of the respondents surveyed 93.5 percent have adopted at least one strategy to counter the impact […]

- onlanka.com - Category : Breaking News - Relavancy : 1.8997678

Fuel and Gas will be exempted from the Port and Airport Levy when imposing the Value Added Tax (VAT) from January 01, 2024, Tax Advisor of the Ministry of Finance, Thanuja Perera said today (December 28).The post Sri Lanka to remove 7.5% Port and Airport tax from Fuel & Gas but add 18% VAT

- island.lk - Category : Breaking News - Relavancy : 0.03954623

[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 […]

- onlanka.com - Category : Breaking News - Relavancy : 0.065247945

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.

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.03954623

[…]The post A Politics Of Conscience appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 0.03954623

By MEERA SRINIVASAN As Sri Lanka tries to rebuild its battered economy after last year’s devastating crisis, the country’s political scene is gradually heating up, in the run up to two national elections scheduled next year — parliamentary and presidential — that will give citizens their first chance to vote, after they dislodged the Rajapaksas […]

- island.lk - Category : Breaking News - Relavancy : 0.07909246

By Shamindra Ferdinando Chairman of the Committee on Ways and Means Patali Champika Ranawaka on Tuesday (12) alleged that the Finance Ministry had allowed the operation of a distillery in spite of that company failing to pay taxes. The former minister said that the country lost millions for want of political will to recover what that company owed […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.04613727

[…]The post Israel & Sri Lanka: UN’s Strikingly Different Approaches appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 0.065910384

by Harim Peiris As we approach the end of 2023 and with about a year to go for the next presidential election due before end 2024, President Ranil Wickremesinghe’s frequent refrain and indeed the rationale for his administration is the revival of the national economy after it was spectacularly destroyed by his predecessor’s administration, ironically […]

- onlanka.com - Category : Breaking News - Relavancy : 2.3747096

Fuel prices in Sri Lanka have been revised with effect from midnight on November 30, 2023.The post Sri Lanka revises fuel prices from November 30, 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.03954623

[…]The post Futility Of A ‘UN Day Of Palestinian Solidarity’ – In A World Carrying Its Past Guilt! appeared first on Colombo Telegraph.

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.03954623

[…]The post SC Judgment, Fiscal Philosophy, & Long-Term Decisions For A Brighter Future appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 0.065910384

Monday 27th November, 2023 The SJB has commenced collecting signatures for a public petition as part of a campaign to have those who are responsible for the current economic crisis stripped of their civic rights. Given public resentment, which is palpable, the SJB may be able to obtain hundreds of thousands of signatures for its […]

- island.lk - Category : Breaking News - Relavancy : 0.12505616

By GUWAN SEEYA  First, there was the China Bay airport nominated as a possible alternative to the Bandaranaike International Airport (BIA). The advantage was that since Sri Lanka was mainly affected by two Monsoons namely the South West and the North East, during that time the opposite coast has generally had good weather. For example, […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.19373618

Sri Lanka will likely approve on Monday a proposal from Chinese state refiner Sinopec to build a $4.5-billion-dollar refinery, the South Asian island nation’s energy minister said on Saturday. “It’s on the agenda for Monday. Once the cabinet gives approval, we will invite them to sign the agreement,” Power and Energy Minister Kanchana Wijesekera told […]

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