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President Ranil Wickremesinghe in his New Year Message to the nation says that it is the responsibility of every Sri Lankan to contribute towards the resurgence of the nation from its current state of crisis President Wickremesinghe’s New Year Message: As we step into the year 2024
- The President underscores the criticality of financial discipline in nation-building (Category: Breaking News)
- Parliament to convene from 20th to 23rd (Category: Breaking News)
- Let's collectively advance the 13th Amendment to the Constitution for the future betterment of t... (Category: Breaking News)
- Government's Priority is setting the Nation Right, Not Playing Politics -Senior Presidential Ad... (Category: Breaking News)
As we step into the year 2024, we find ourselves facing both challenges and the prospect of revitalizing the beloved nation. While each of us holds myriad personal aspirations, the realization of these goals is intrinsically tied to the resurgence of the country from its current state of crisis.
Dead bodies of three children and their mother who are suspected to have committed suicide were found in a house at Kahanthota Road in Malabe this morning (December 31), Police said.The post Mother commits suicide after feeding poison to her three children in Malabe appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Mother commits suicide after feeding poison to her three children (Category: Breaking News)
- Woman and three children found dead in Malabe (Category: Breaking News)
- Man commits suicide after killing his two children in Aranayaka (Category: Breaking News)
- Four dead bodies of father, mother and two daughters found inside a house (Category: Breaking News)
North Korea plans to launch three more spy satellites next year as part of efforts to ramp up its military, the country’s state media has said. Last month Pyongyang put a spy satellite into space – and claims it has since photographed major US and South Korean military sites. Setting out his aims for 2024, […]
- North Korea fully suspends military pact with South (Category: Breaking News)
- Vladimir Putin signals help for Kim Jong Un but quiet on weapons (Category: Breaking News)
- Kim Jong Un ‘to visit Putin for weapons talks’ (Category: Breaking News)
- North Korea claims successful launch of spy satellite (Category: Breaking News)
by Amal Jayasinghe The controversial arrest of Sri Lanka’s senior most Kapuwa, or the intermediary between devotee and deity, has renewed a debate over who should benefit from the valuable offerings to the gods. Somipala Ratnayake, the chief “Kapuwa” at the Kataragama Maha Devale was taken into custody on Wednesday over a missing gold tray […]
- Lay custodian arrested over missing gold tray from Kataragama Devale (Category: Breaking News)
- Police arrest Krrish CEO over financial fraud links (Category: Breaking News)
- The Randoli Perahera, the most grandiloquent of all (Category: Breaking News)
- Heard at the club: How Dr. Adikarampunished himself for being late (Category: Breaking News)
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 […]
- Nearly half of NYC residents not sold on getting COVID-19 vaccine, survey finds (Category: USA, New York)
- Nearly half of NYC residents not sold on getting COVID-19 vaccine, survey finds (Category: USA, New York)
- Nearly half of NYC residents not sold on getting COVID-19 vaccine, survey finds (Category: USA, New York)
- Nearly half of NYC residents not sold on getting COVID-19 vaccine, survey finds (Category: USA, New York)
The strained balance sheets of the household and the corporate sectors in the backdrop of the severe economic crisis which resulted in an erosion of real income levels amid elevated price levels, hindered the debt repayment capacities of households and corporates, the Central Bank
- Bimputh Finance heading for liquidation (Category: Breaking News)
- Central Bank responds to S&P’s assessment of Lankan banking system (Category: Business)
- ComBank receives licence to operate in Colombo Port City (Category: Breaking News)
- ADB approves USD 350 million loan for economic stabilisation in Sri Lanka (Category: Breaking News)
Tourist arrivals in Sri Lanka crossed the 200,000 mark in December, the highest arrivals for the last four years in one month. Tourism Minister Harin Fernando said that total arrivals for 2023 will be almost close to 1.5 million which was the original target set in Jan 2023. Sri Lanka’s tourism sector has been on […]
- Sri Lanka records 624,874 tourist arrivals by end of June (Category: Breaking News)
- UK relaxes travel advise on Sri Lanka (Category: Breaking News)
- Sri Lanka records over 630,000 tourist arrivals in 2024 (Category: Breaking News)
- Over USD 1 million earned from tourist arrivals in Sri Lanka this year (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)
New Indian High Commissioner Santosh Jha called on Prime Minister Dinesh Gunawardena at the Temple Trees yesterday (29). They held a detailed discussion on economic ties and cooperation between the two countries and examined ways and means of expediting the proposed joint projects.They discussed the possibility of more Indian investments in the energy sector including solar and wind power, joint p...
- Indian High Commissioner calls on Sri Lankan Premier (Category: Breaking News)
- India pledges assistance for development (Category: Breaking News)
- India Signals it Will Back Human Rights Resolution against Sri Lanka (Category: Breaking News)
- Greeting from Indian PM (Category: Breaking News)
One of the key factors that contributed to the exodus of medical specialists from the state sector is the disparity of the total remuneration received by the state medical specialists when compared to parallel grades in the government sector, the Association of Medical Specialists (AMS) says. There was always a shortage of medical specialists in […]
- GMOF: Specialists hogging posts in Colombo at the expense of young docs (Category: Breaking News)
- Medical specialists welcome appointment of new NMRA chairman (Category: Breaking News)
- AMS warns of chaos in health sector due to new retirement rule (Category: Breaking News)
- GMOA, medical consultants sound pessimistic about 2023 due to new tax regime (Category: Breaking News)
India and Sri Lanka discussed expediting some of the proposed joint projects in Sri Lanka. India’s new High Commissioner to Sri Lanka Santosh Jha on Friday called on Prime Minister Dinesh Gunawardena and discussed a wide range of topics related to the multidimensional bilateral ties and facilitating more Indian investments in the island nation. Jha […]
- India and Sri Lanka begin joint work to establish land bridge (Category: Breaking News)
- India to develop all-round cooperation with Sri Lanka (Category: Breaking News)
- Modi committed to support Indian origin Tamils in Sri Lanka (Category: Breaking News)
- BJP chief releases postal stamp dedicated to Indian-origin Tamils in Sri Lanka (Category: Breaking News)
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
- More than a quarter of Lankans living in poverty – World Bank (Category: Breaking News)
- WFP finds 32 percent of Lankan households are food insecure (Category: Breaking News)
- Nearly 6 million Lankans need humanitarian assistance – Red Cross (Category: Breaking News)
- Poverty has increased from 11% to 26% during past four years (Category: Breaking News)
Video: Survey reveals economic crisis forced 22% households into debt (English)
- Video: Cabraal-missile is stronger than Indian Agni-V missile (Category: Video)
- Video: Dambulla Mosque controversy could have been solved peacefully (Category: Video)
- Video: Sajith issuing misleading statements - Tissa (Category: Video)
- Video: No need for permission - Sajith (Category: Video)
Video: The People’s Platform | BASL’sRole amidst governance crisis | Kaushalya Nawaratne
- Video: Cabraal-missile is stronger than Indian Agni-V missile (Category: Video)
- Video: Dambulla Mosque controversy could have been solved peacefully (Category: Video)
- Video: Sajith issuing misleading statements - Tissa (Category: Video)
- Video: No need for permission - Sajith (Category: Video)
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 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka to increase VAT to 18% (Category: Breaking News)
- Sri Lanka Government waives all duties on imported raw material for locally-made sanitary napkins (Category: Breaking News)
- CBSL Governor urges public to become informants to boost tax revenue (Category: Breaking News)
- Social Security Contribution Tax will increase Value Added Tax to 20% – Anura (Category: Breaking News)
The economic crisis has left a profound impact on household finances, influencing both income and expenditure significantly, a survey conducted by the Department of Census and Statistics (DCS) has found.
The Middle East conflagration has been brought very close to South Asia by a suspected drone attack a couple of days back on an Israel-linked chemical tanker headed for India, off the latter’s coast. The attack comes close on the heels of similar reported strikes on international tankers in the Red Sea, which have compelled […]
- Stage set for further escalation of Mid-East violence (Category: Breaking News)
- Dangerous persistence of identity issues (Category: Breaking News)
- Mid-East violence underscores need for Two-State solution (Category: Breaking News)
- Mid-East violence triggering fresh global repercussions (Category: Breaking News)
‘Ministry cooperating with CID on Immunoglobulin probe’ By Shamindra Ferdinando Health Minister Dr. Ramesh Pathirana yesterday (26) said that in case the government had to make emergency purchases, his Ministry would adhere to procedures laid down by the World Health Organization (WHO). Dr. Pathirana said so when The Island asked him whether he intended to […]
- Sri Lanka s Health Ministry closely monitoring COVID sub-variant JN.1 (Category: Breaking News)
- Step in right direction (Category: Breaking News)
- Health sector corruption makes securing free medicines difficult (Category: Breaking News)
- Bloodsuckers! (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 N Sathiya Moorthy Reports of consensual sex involving over 5,000 girls under 16 (hence ‘legal rape) in just one police division, Kandy, should be a cause for serious national concern. The fact that President Ranil Wickremesinghe has sought further information in the matter, obviously for possible corrective measures that the government could initiate could only […]
- Bill to reduce consent age for sex to 14 years withdrawn (Category: Breaking News)
- Tuition class teacher arrested for raping 15-year-old girl (Category: Breaking News)
- Riot Police deployed as staff take hospital official hostage (Category: Breaking News)
- Ranil takes oaths as Finance Minister (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)
Israel’s bombardment of Gaza is reaping an “appalling harvest” of innocent civilians, Pope Francis said in his Christmas message. In his Christmas Day “Urbi et Orbi” (to the city and world) address on Monday, the head of the Catholic Church also called the October 7 attack on Israel by Hamas “abominable” and again appealed for […]
- Pope calls for Israel-Hamas ceasefire, hostage release (Category: Breaking News)
- Israeli jets strike Gaza after militants fire rockets (Category: USA, South Dakota)
- Israeli jets strike Gaza after militants fire rockets (Category: USA, South Dakota)
- PM says Israel at war after 100 killed in attack from Gaza (Category: Breaking News)
Wijeyadasa pushes for suspension of Parate executions: ‘Country paying heavy price for not having proper tax regime, favourable treatment to some’ By Shamindra Ferdinando Justice, Prisons Affairs and Constitutional Reforms Minister Dr. Wijeyadasa Rajapakse, PC, has assured the local business community, troubled by parate executions, that laws will be brought in to regulate the practice. The [̷...
- Only 0.4% of loans recovered using Parate laws – CBSL (Category: Breaking News)
- Amendment to Parate Law expected in future parliament session - Wijeyadasa (Category: Breaking News)
- Justice Minister: State outfits disregard parliamentary control over public finance (Category: Breaking News)
- Wijeyadasa: Presidential election will be held in 2024 (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)
Banks exercise their legally-enshrined right to Parate Execution as a last resort and the overarching objective is the protection of depositors’ funds that have been lent to borrowers, the Sri Lanka Banks Association (SLBA) has said in a statement to the media. Responding to what it termed as lobbying by a group of defaulting borrowers […]
- Ministers of Justice and Health on collision course with association of banks (Category: Breaking News)
- SLBA calls for government engagement to facilitate debt recovery process (Category: Breaking News)
- Only 0.4% of loans recovered using Parate laws – CBSL (Category: Breaking News)
- Suspension Of Parate Execution Won’t Do; Establish Bad Bank To Resolve Issue Permanently: Dr. An... (Category: Breaking News)
The Minister of Labour and Foreign Employment Manusha Nanayakkara, highlighted the significant improvement in the country’s foreign reserves under the leadership of President Ranil Wickremesinghe.The post Government abled to increase foreign reserves to USD 3.6 Billion – Minister appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Minister Manusha Nanayakkara Announces Remarkable Recovery: Government Replenishes Foreign Reser... (Category: Breaking News)
- Remittances from expat workers rise (Category: Breaking News)
- Current govt. increased foreign reserves to USD 3.6bn  Minister (Category: Breaking News)
- Remittances from expat workers improving, says Manusha (Category: Breaking News)
The government should do more to protect low-income earners, the Governor of the Central Bank, Dr. Nandalal Weerasinghe said on Thursday (21) during a televised interview. He said that during the economic crisis and due to high inflation, a lot of people in the SME sector lost their jobs. “
- Opening tax files for everyone over 18: IRD officials point out difficulties, costs (Category: Breaking News)
- VAT 18% from next year (Category: Breaking News)
- Controversial Social Security Contribution Bill put off due to resistance from Opposition (Category: Breaking News)
- Trade unionists see tax concessions as a ruse to divide professionals (Category: Breaking News)
Japan is going through a “once in a generation” political crisis, analysts say, as the government fights to clean up its image in the face of a corruption scandal. Four cabinet ministers from the long-term ruling party have resigned in the past fortnight, as Prime Minister Fumio Kishida
- COP28: UN climate talks in jeopardy in fossil fuel backlash (Category: Breaking News)
- Gunmen storm Ecuador television studio live on air (Category: Breaking News)
- Pakistan election: Final results give Khan-backed candidates lead (Category: Breaking News)
- Rohit Sharma: The Indian captain who lost cricket World Cup but won hearts (Category: Breaking News)
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