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As torrential rains wreaked havoc in north India for another day, Prime Minister Narendra Modi on Monday spoke with senior ministers and officials to take stock of the situation while Congress chief Mallikarjun Kharge sought relief from the PM CARES Fund for the rain-hit states. Delhi Chief Minister Arvind Kejriwal held a meeting to discuss […]
- Key roads in Delhi under water as Yamuna river swells (Category: Breaking News)
- Monsoon fury unabated in Himachal, toll 18; over 300 stranded (Category: Breaking News)
- Death Toll Increases, Flood Waters Receding (Category: Breaking News)
- Cyclone Thane kills six in India, weakens rapidly (Category: Business)
… 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)
By N Sathiya Moorthy If the Government is serious about intelligence reports on ‘groups working to create a crisis’ in September, rather than letting Minister of State for Defence, Premitha Bandara Tennakoon, to share it through the media, President Ranil Wickremesinghe should have taken the nation
- Ministry of Defense to review MoUs with foreign, local institutes (Category: Breaking News)
- Sri Lanka’s Defence State Minister says stricter laws to combat illegal human and drug trafficking (Category: Breaking News)
- Government warns of fresh attempts to create instability (Category: Breaking News)
- Claims of threat to Cardinal to be looked into (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)
Chief Government Whip Urban Development and Housing Minister Prasanna Ranatunga told Parliament on Thursday that all 225 MPs in the House should bear the responsibility for the present plight of the country. “All these MPs have more or less contributed towards making this mess. As such it is not right to accuse only a single […]
- Housing Minister refers to SLPP rebels as three-headed asses (Category: Breaking News)
- Speaker asks MPs not to make derogatory statements about parliamentary staff (Category: Breaking News)
- Sajith accuses SLPP of sinister moves in Parliament, alleges corruption in driving licence print... (Category: Breaking News)
- Move to conduct all Law College exams in English medium defeated (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 US will send Ukraine a cluster munitions package to help in its counteroffensive against Russia. The White House said it had postponed the decision for as long as it could because of the risk of civilian harm from such unexploded ordnance. Ukraine has been asking for the weapons for months amid an ammunition shortage. […]
- Pope condemns human ‘hunger for wealth and power’ at Christmas Eve Mass (Category: Breaking News)
- Zelensky wants Xi Jinping meeting following China’s peace plan (Category: Breaking News)
- Biden tells Zelensky his country will never stand alone (Category: Breaking News)
- Rishi Sunak visits President Zelensky in Kyiv as he pledges £50m in aid (Category: Breaking News)
Lewis Hamilton says he still has “100% faith” in Mercedes despite their continuing struggles this season. But the seven-time champion confirmed his team boss Toto Wolff’s claim that their discussions over a new contract were moving towards a conclusion. “It is taking longer for us to get where we want to be,” said Hamilton, who […]
- Hamilton calls for car restrictions to end ‘periods of dominance’ by teams (Category: Breaking News)
- Lewis Hamilton expects Red Bull to bounce back (Category: Breaking News)
- F1 drivers pushing for changes to the penalty points system (Category: Breaking News)
- Paris Mayor wants Russia banned from 2024 Olympics (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)
‘Forty MPs skipping DDO vote inexcusable’ By Shamindra Ferdinando Former Director, Administration of Parliament Lacille de Silva said that both Parliament and the United Nations Development Programme (UNDP) should reveal whether they were satisfied with the progress in the ongoing project funded by the latter to improve the parliamentary system. De Silva said that parliamentary […]
- Parliamentary resolution on SLC non-binding – Deputy Speaker (Category: Breaking News)
- Corruption: Ex-top House official alleges negligence of successive Speakers (Category: Breaking News)
- Costly UNDP ‘lessons’ for Parliament (Category: Breaking News)
- 22 A: Amendments accepted at ‘committee stage’ should be subjected to SC approval (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)
Parliament disregarded COPE recommendation for PSC By Shamindra Ferdinando Eksath Janaraja Peramuna (EJP) leader and SJB MP Patali Champika Ranawaka, MP, has called for the setting up of a special commission to investigate those who bankrupted the economy. Ranawaka said that those who had served as Finance Ministers, Governors of the Central Bank and members of the […]
- On-arrival visa controversy: Patali draws IMF’s attention, warns police over playing politics wi... (Category: Breaking News)
- Prez warned of consequences of attacks on SJB (Category: Breaking News)
- Citing FM report Patali contradicts NWSDB claim (Category: Breaking News)
- Finance Ministry allows liquor company to operate without paying taxes: Ways and Means Committee (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)
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