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Sri Lanka is likely to discuss energy, power and port projects during a presidential visit to New Delhi next week, the foreign minister said on Monday, as India tries to push forward stalled initiatives with its crisis-hit neighbour.
By Easwaran Rutnam Businessman and former Sri Lanka Cricket captain Aravinda de Silva says it is time Sri Lanka puts aside party politics in order to create a suitable environment for investors. Speaking at an online discussion on the investment climate in Sri Lanka, Aravinda de Silva said that investors want to see transparency, trust […]
- Aravinda de Silva inducted into ICC Cricket Hall of Fame (Category: Breaking News)
- New IGP assumes duties in presence of Sanath, Aravinda (Category: Breaking News)
- Emirates to promote Sri Lanka as ideal destination for travellers (Category: Breaking News)
- COPF finds only 4 casinos paying taxes (Category: Breaking News)
… warns of move to bring public finance under President’s thumb By Shamindra Ferdinando Dissident SLPP MP Prof. Charitha Herath says that President Ranil Wickremesinghe has interfered with the functioning of parliamentary committees in violation of Standing Order No 111. The former Chairman of the Committee on Public Enterprises (COPE) warns of dire consequences of […]
- Reconstitution of COPE, COPA in limbo (Category: Breaking News)
- Probe into country’s bankruptcy: Ex-COPE Chief going ahead with own inquiry (Category: Breaking News)
- Parliament rejected two anti-corruption propoals (Category: Breaking News)
- Ex-COPE chief denies he was behind prorogation of Parliament (Category: Breaking News)
[…]The post The Misunderstood Taxation Of EPF & Other Superannuation Funds appeared first on Colombo Telegraph.
- The Apologetic Custodian Of The EPF Is Also A Victim (Category: Breaking News)
- Economy 2024: More Challenging Than The Two Previous Years (Category: Breaking News)
- EPF asked to pay 30% tax unless it participates in domestic debt restructuring process (Category: Breaking News)
- Central Bank informs EPF members: “decided to opt for” DDO (Category: Breaking News)
Expressing his gratitude to “trustworthy friend” India for saving Sri Lanka and preventing a “bloodbath” during its unprecedented economic crisis last year, Parliament Speaker Mahinda Yapa Abeywardena has said that not a single nation has extended that kind of assistance to Colombo
- India will continue developmental assistance to Sri Lanka in every possible area: Jaishankar (Category: Breaking News)
- Gotabaya Rajapaksa officially resigns as President of Sri Lanka (Category: Breaking News)
- Sri Lanka s Speaker thanks India, PM Modi for help during financial crisis (Category: Breaking News)
- Out, then not out; Sri Lanka Speaker retracts his own statement on president’s whereabouts (Category: Breaking News)
[…]The post Labour Reforms In A Time Of Great Crisis appeared first on Colombo Telegraph.
- Sri Lanka university lecturers want their issues resolved before admitting more students to univ... (Category: Breaking News)
- 10200 American scholarships on distant English learning for Univ. students. (Category: Breaking News)
- Seminar to be held to create awareness against leadership training programme for Sri Lankan univ... (Category: Breaking News)
- ACLU: Univ. of Wash. police spied on activists (Category: USA, Washington)
As Sri Lanka embarks on debt restructuring negotiations with key lenders in parallel to the International Monetary Fund (IMF) initiatives, it is useful to consider China’s importance as one of Sri Lanka’s top lenders. China has so far not joined the common platform of negotiators on Sri Lanka’s debt restructuring, though it has joined as […]
- Sri Lanka completes debt restructuring talks with Japan (Category: Breaking News)
- Sri Lanka has miles to go for IMF debt relief and salvaging the payments crisis (Category: Breaking News)
- Some creditors want to restructure Sri Lanka’s debt without China (Category: Breaking News)
- President urges China to change tune on debt (Category: Breaking News)
Udeni Kaluthantri, a 54-year-old port worker, became an overnight sensation last year for reasons that had nothing to do with his job. Days after protesters stormed the presidential palace in the Sri Lankan capital Colombo, a video surfaced of Mr Kaluthantri lounging on a bed draped with the presidential flag. Pictures of young men jumping […]
- Brazil’s President vows to punish rioters who stormed Congress (Category: Breaking News)
- Mass arrests in Brazil as President condemns ‘terrorist’ riots (Category: Breaking News)
- Pakistan’s Supreme Court rules Imran Khan arrest was illegal (Category: Breaking News)
- A divided Japan bids farewell to its slain ex-PM (Category: Breaking News)
Expressing his gratitude to Âtrustworthy friend India for saving Sri Lanka and preventing a Âbloodbath during its unprecedented economic crisis last year, Parliament Speaker Mahinda Yapa Abeywardena has said that not a single nation has extended that kind of assistance to Colombo
[…]The post Neither North Nor South, Ranil At Home With The Global Right appeared first on Colombo Telegraph.
- National Reconciliation, Criminal Accommodation & Election Juggling (Category: Breaking News)
- Destination Delhi: Roving President’s Next Port Of Call (Category: Breaking News)
- From Caretaker President To King Ranil (Category: Breaking News)
- 1983: It Haunts Us Still! (Category: Breaking News)
By NESHELLA PERERA ECONOMYNEXT –Sri Lankan citizens aged more than 18 years will have to open tax files because they chose the country’s leaders by voting, which influence country’s policies, State Minister of Higher Education Minister Suren Raghavan said. After the sovereign debt crisis hit island
- VAT 18% from next year (Category: Breaking News)
- State Minister clarifies concerns on recent gazette for IRD registration (Category: Breaking News)
- One-month grace period for acquiring property without opening tax files (Category: Breaking News)
- New property tax to be introduced in 2025 (Category: Breaking News)
By SHIHAR ANEEZ ECONOMYNEXT –Sri Lanka will discuss its bilateral debt restructuring process separately with China, but Beijing will be treated equally as the other bilateral lenders, the island nation’s Foreign Minister Ali Sabry said. Sri Lanka has already started negotiations with its bilateral lenders through Paris Club members and non-Paris Club members. China, however, has […]
- China asked to share debt terms to facilitate overall process (Category: Breaking News)
- Lanka debt talks with India, China, Japan helped by investment projects: President (Category: Breaking News)
- Paris Club OK but ‘adequate assurances’ yet needed from others: IMF (Category: Breaking News)
- President reveals talks with Country’s private creditors on outstanding debt (Category: Breaking News)
The man charged with clawing Sri Lanka out of bankruptcy says he had warned about economic calamity years before it hit and was pressed into retirement for his troubles.The post ‘No second chance’ to save Sri Lanka, central banker warns appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- CBSL Governor refuses to resign over pay hike issue (Category: Breaking News)
- CBSL chief s special statement on domestic debt restructuring process (Category: Breaking News)
- Sri Lanka’s Central Bank Governor asks critics to provide alternatives (Category: Breaking News)
- Sri Lanka faces shutdown without stable govt- CBSL governor warns (Category: Breaking News)
India plans to allow Sri Lanka up to 12 years to repay its debt to help ease the financial burden on the island nation, India’s Export Credit Guarantee Corporation (ECGC) Ltd’s chairman-cum-managing director M. Senthilnathan said.The post India to allow Sri Lanka to repay debt over 12 years appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka given more time to repay Bangladesh’s $200 Million loan (Category: Breaking News)
- Sri Lanka trying to reduce overall debt by $17 Billion, president says (Category: Breaking News)
- India to allow Sri Lanka to repay debt over 12 years (Category: Breaking News)
- China’s EXIM bank offers Sri Lanka debt extension – report (Category: Breaking News)
A year after angry Sri Lankans stormed the president's residence and forced his ouster during a meltdown of the economy, the island's streets are calm, there are no serpentine queues at fuel stations and hours-long power cuts have ended.The post Analysis: A year later, Sri Lanka’s tentative economic recovery eludes the poor appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top S...
- Sri Lanka cabinet approves new electricity tariff without saying what it is (Category: Breaking News)
- Japan to support Sri Lanka’s debt restructuring negotiations (Category: Breaking News)
- IMF team in Colombo this week for first review of Extended Fund Facility (Category: Breaking News)
- Sri Lanka sees forex reserves exceeding $4 billion after fresh funding (Category: Breaking News)
India plans to allow Sri Lanka up to 12 years to repay its debt to help ease the financial burden on the country, India’s Export Credit Guarantee Corporation (ECGC) Ltd’s Chairman-cum-Managing Director M. Senthilnathan said. Sri Lanka, facing its worst economic and political crisis in over seven
- India starts debt-restructuring talks with Sri Lanka (Category: Breaking News)
- India provided nearly $4 billion in food, financial assistance to Sri Lanka (Category: Breaking News)
- India to invest more in Sri Lanka after crisis support of $3.8 Bn (Category: Breaking News)
- Sri Lanka thanks India for giving assurances to IMF for USD 2.9B bailout package (Category: Breaking News)
[…]The post The Agony Continues Or A New Beginning With Fonseka As Leader Of SJB? appeared first on Colombo Telegraph.
- Ranil Vs. AKD: Who Will Blink First? (Category: Breaking News)
- Is Ranil Wickremesinghe Unelectable? (Category: Breaking News)
- Black & White; No Shades? (Category: Breaking News)
- Ranil’s political ‘Trickonometry’ (Category: Breaking News)
The French authorities are losing no time in ordering emergency funding for rectifying the material damage suffered by their country in the recent rioting and the swiftness with which this challenge is being undertaken needs to be lauded by the law-abiding the world over. However, the riots have brought to the fore issues relating to […]
- Iran and the hijab (Category: Breaking News)
- French National Day (Category: Breaking News)
- Udaya concerned about proposed French facility at Trinco (Category: Breaking News)
- UK grants ‘third country’ asylum for two Sri Lankans following suicide attempts (Category: Breaking News)
Wednesday 5th July, 2023 The age-old saying, “Health is wealth”, has apparently taken on a whole new meaning in Sri Lanka, where the health sector has become a Golconda of sorts for some corrupt politicians, their bureaucratic lackeys, and the greedy private hospital mudalalis, who thrive on other people’s misery. These characters sans any sympathy […]
- Health sector TUs to launch token strike on Thursday (Category: Breaking News)
- A binary choice (Category: Breaking News)
- ‘Dangerous drugs’ (Category: Breaking News)
- Govt. under fire for decision to postpone non-urgent surgeries (Category: Breaking News)
CP Chairman DEW G says lawmakers here should be aware of what is going on in the world. The Parliament cannot turn a blind eye to global developments, the former MP said, pointing out that the ongoing Ukrainian crisis underscored the need for greater understanding of international affairs
- DEW alleges US must have approved removal of Galle Face protesters (Category: Breaking News)
- SJB alleges Prez under SLPP pressure to give up power to dissolve Parliament (Category: Breaking News)
- DEW disappointed over disruption of COPE; AG acting in terms of Standing Orders (Category: Breaking News)
- SC ruling on economic crisis: Parliament also responsible, says Foreign Minister (Category: Breaking News)
Sri Lanka recorded 624,874 tourist arrivals by end of June this year and is confident of reaching its target of 2 million tourist arrivals by the end of this year. Sri Lanka Tourism Promotion Bureau (SLTPB ) with the support of Sri Lanka Tourism Development Authority (SLTDA) and Sri Lanka Convention Bureau (SLCB), marked a […]
- Tourist arrivals in Sri Lanka cross 200,000 in December (Category: Breaking News)
- Sri Lanka targets more tourists from Australia (Category: Breaking News)
- UK relaxes travel advise on Sri Lanka (Category: Breaking News)
- Forbes lists Sri Lanka as one of the 23 best places to visit in 2023 (Category: Breaking News)
[…]The post Involuntary & Inequitable DDO appeared first on Colombo Telegraph.
- Sustainable Debt & Unsustainable Democracy (Category: Breaking News)
- Economy, Easter Phoenix & Politics (Category: Breaking News)
- Politics Of Easter Investigation In A Wriggling Economy (Category: Breaking News)
- RW’s Political Rating & Fitch’s Credit Rating (Category: Breaking News)
China is only an observer in Sri Lanka’s debt restructuring platform created by the Paris Club of Creditors along with India and Japan. Sri Lanka hopes that China will assist the country in its bid to restructure the external debt in the ongoing negotiations, Foreign Minister Ali Sabry said. Sabry said negotiations have been progressing […]
- China – Sri Lanka FTA talks stall following disagreements (Category: Breaking News)
- Debt restructuring to be completed before polls (Category: Breaking News)
- Sri Lanka seeks innocent passage for fishermen via Indian waters (Category: Breaking News)
- China’s delays in restructuring the debt have put Sri Lanka in an awkward position. (Category: Breaking News)
By Shamala Kumar I began thinking about this article when the Kuppi Collective began studying the government’s plans to enact labour reforms. We had initiated discussions with others, including academics, to understand the situation and quickly realised the highly controversial nature of these reforms and their potentially serious repercussions. Yet, hardly any debate regarding these […]
- A Budget to dismember state universities (Category: Breaking News)
- Decline and fall of an educational bureaucracy (Category: Breaking News)
- Whither The National Education Policy Framework Of Sri Lanka? (Category: Breaking News)
- Say no to NEPF! Say no to abolishing free education! (Category: Breaking News)
Chinese Ambassador to Sri Lanka Qi Zhenhong says that many nations in the world, including China and Sri Lanka, are still suffering under the yoke of neo-colonialism and hegemonism. Speaking during a visit to the Muthiyangana Raja Maha Viharaya, AmbassadorQi said China firmly upholds international fair play and justice, advocates the practice of true multilateralism, takes […]
- Flights between China and Sri Lanka to be increased (Category: Breaking News)
- Sri Lanka s priority is to attract investments instead of further borrowings President tells ... (Category: Breaking News)
- Sri Lanka s priority is to attract investments instead of further borrowings President tells ... (Category: Breaking News)
- Sri Lanka s priority is to attract investments instead of further borrowings President tells ... (Category: Breaking News)
By N Sathiya Moorthy In his Hajj message last week, President Ranil Wickremesinghe called upon all Sri Lankans to remain ‘united in a common cause to achieve our domestic, regional and global goals’. Yet, a day later, his leadership was seen as having split the political Opposition over the domestic debt restructuring issue in Parliament, indicating […]
- ‘Presidential control over DDO undermines power of Parliament’ (Category: Breaking News)
- Opposition to vote against debt restructuring plan (Category: Breaking News)
- National consensus on debt and economy, need of the hour (Category: Breaking News)
- Whoever wields power under 22-A, will Mahinda continue to ‘rule’? (Category: Breaking News)
[…]The post The March Towards ‘Akhand Bharat’ appeared first on Colombo Telegraph.
- Sri Lanka Is Still In Deep Trouble, With Or Without Ranil (Category: Breaking News)
- Who Were The Early Sri Lankans? (Category: Breaking News)
- Destination Delhi: Roving President’s Next Port Of Call (Category: Breaking News)
- To Be Or Not To Be (A US Military Base) (Category: Breaking News)
United States Ambassador to Sri Lanka Julie Chung hosted an event in Colombo recently to mark the 247th anniversary of America’s Declaration of Independence. Ambassador Chung highlighted the anniversary of 75 years of a strong and enduring partnership between the United States and Sri Lanka. Minister of Foreign Affairs Ali Sabry attended the celebration as […]
- Local Government Elections are critical for Sri Lanka – Julie Chung (Category: Breaking News)
- US pursuing ‘plan B’ with Prez, after Speaker turned down its offer (Category: Breaking News)
- United States grants $240 Million assistance to Sri Lanka in 2022 – Julie Chung (Category: Breaking News)
- Growing foreign dependency and India’s USD 4 bn lifeline (Category: Breaking News)
of the crisis […]
- New Canadian envoy to Sri Lanka presents documents (Category: Breaking News)
- Canada offers $3 million to help vulnerable communities in Sri Lanka (Category: Breaking News)
- Foreign Ministry to summon Canada’s envoy to Colombo (Category: Breaking News)
- Billionaire Chamath Palihapitiya has deep gratitude for Sri Lanka (Category: Breaking News)
By Rathindra Kuruwita Sri Lanka’s successful vaccination programmes will be undermined if the government continues to import low quality drugs, Education Secretary of the Frontline Socialist Party (FSP) Pubudu Jagoda told The Island. “Sri Lanka is a role model for successful vaccination because people have no fear about vaccinating their kids. This is why the […]
- Kumudesh questions Keheliya’s stand on drugs imported outside procedure (Category: Breaking News)
- FSP warns brain drain will cripple healthcare even in urban centres (Category: Breaking News)
- Without investment into laboratories, SL will be plagued by low quality medicine – Expert (Category: Breaking News)
- Kumudesh calls for appointment of ombudsman to hear woes of patients (Category: Breaking News)
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