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AirAsia Consulting is planning further engagement with the International Finance Corp (IFC) which is mandated to advise the Sri Lanka Government on the divestiture of SriLankan Airlines Ltd (SAL). The consultancy was responding to news report on AirAsia being among six bidders for Sri Lanka’s state-run carrier SriLankan Airlines since the island nation was looking […]
- AirAsia and FitsAir among bidders for Sri Lanka’s national carrier (Category: Breaking News)
- AirAsia and FitsAir among bidders for SriLankan Airlines (Category: Breaking News)
- Indigo commences direct flights between Mumbai-Colombo (Category: Breaking News)
- Church puts faith in God to ensure justice over Easter attacks (Category: Breaking News)
President Ranil Wickremesinghe said in Parliamenty yesterday he was aware that Value Added Tax (VAT) was a burden on the public. He said it would be possible to reduce VAT with the passage of time. Delivering the government policy statement at the commencement of the new session of Parliament, the President said: “The prior scarcity […]
- “We may contest elections separately but let us collaborate in nation-building endeavors” – Pres... (Category: Breaking News)
- Sri Lanka President Ranil delivers Government’s policy statement in Parliament (Category: Breaking News)
- President ready to exempt school supplies, health equipment, medicine, etc., from VAT (Category: Breaking News)
- Govt will increase benefits for people as revenue buffers strengthen, says President (Category: Breaking News)
Inaugurating the 5th session of the 9th Parliament of Sri Lanka President Ranil Wickremesinghe called upon all lawmakers to collaborate in nation building even though they would be contesting elections separately. “From ancient times to the present day, our world has encountered a myriad of crises, spanning nations and personal lives alike. While some crises […]
- Sri Lanka President Ranil delivers Government’s policy statement in Parliament (Category: Breaking News)
- Economy improving, VAT can be reduced – RW (Category: Breaking News)
- President blames Sajith for crisis (Category: Breaking News)
- Government’s objective is to develop Sri Lanka as a thriving nation by 2048 (Category: Breaking News)
Sri Lanka President Ranil Wickremesinghe while presenting his Policy Statement in Parliament today (February 07), says the government was planning to reduce the tax burden as economic reforms continue to stabilize the economy.The post Sri Lanka President Ranil delivers Government’s policy statement in Parliament appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- “We may contest elections separately but let us collaborate in nation-building endeavors” – Pres... (Category: Breaking News)
- President blames Sajith for crisis (Category: Breaking News)
- Economy improving, VAT can be reduced – RW (Category: Breaking News)
- Government’s objective is to develop Sri Lanka as a thriving nation by 2048 (Category: Breaking News)
[…]The post Doctors’ Brain Drain: Health Security Concern In Sri Lanka appeared first on Colombo Telegraph.
- Flight Of Human Capital – A Catastrophic Fait Accompli (Category: Breaking News)
- What Is To Be Done? – Anura Kumara Dissanayake (Category: Breaking News)
- Using Vaccines Against Covid Is Far Cheaper & Safer Than Using Local Brews! (Category: Breaking News)
- Using Vaccines Against Covid Is Far Cheaper & Safer Than Using Local Brews! (Category: Breaking News)
Sri Lanka Podujana Peramuna (SLPP) Parliamentarian Namal Rajapaksa has voiced his displeasure over the recent Cabinet reshuffle that took place, deeming it a mere ‘change of posts’, as opposed to an effective solution to the issues Sri Lanka is currently facing.The post Namal Rajapaksa slams Cabinet reshuffle, says President should understand coalition politics appeared first on ONLANKA - Sri Lank...
- Namal slams Cabinet reshuffle, says President should understand coalition politics (Category: Breaking News)
- Mahinda Rajapaksa to form new alliance (Category: Breaking News)
- Basil likely to enter parliament during cabinet reshuffle – Dissanayake (Category: Breaking News)
- Basil likely to enter parliament during cabinet reshuffle – Dissanayake (Category: Breaking News)
[…]The post Calm Before The Storm! Aragalaya -’22 Has Rested Enough!!! appeared first on Colombo Telegraph.
- IMF Is Not The Ultimate Arbiter, The People Are! (Category: Breaking News)
- Multiple Choice Or A Binary Option? (Category: Breaking News)
- The Aragalaya & The Wijeweera Legacy: How The Lankan Left Could Win (Category: Breaking News)
- JVP-NPP & Lankan Left Populism’s Lacunae & Lapses (Category: Breaking News)
Debt-laden Sri Lanka will unveil its domestic debt restructuring strategy this week, central bank chief P Nandalal Weerasinghe said on Sunday (Jun 25), as the island navigates its worst financial crisis in decades. Sri Lanka will also likely obtain Cabinet and parliamentary approval for the debt restructuring strategy this week, Weerasinghe told local TV channels […]
- CB warns of catastrophic consequences if banking sector collapses (Category: Breaking News)
- Sri Lanka’s sovereign lenders yet to outline debt talks plans (Category: Breaking News)
- Sri Lanka to announce debt restructuring strategy in April (Category: Breaking News)
- CBSL Governor refuses to resign over pay hike issue (Category: Breaking News)
Bangladesh has extended the repayment period of the loan it had given to Sri Lanka by six more months as the Island nation continues to struggle to fix its debt crisis, officials say. Earlier, the central bank of Sri Lanka had sought time from Bangladesh to make the first instalment of the $200 million credit […]
- Sri Lanka pays off $200m loan from Bangladesh with $4.5m interest (Category: Breaking News)
- Bangladesh says Sri Lanka paid back another $100m (Category: Breaking News)
- Central Bank of Sri Lanka returns $50m of $200m Bangladesh loan (Category: Breaking News)
- Sri Lanka given more time to repay Bangladesh’s $200 Million loan (Category: Breaking News)
To tackle the enormous economic challenge that Sri Lanka is facing, everyone must come together to support the recovery and promote stable and inclusive growth, says the International Monetary Fund (IMF) Senior Mission Chief for Sri Lanka Peter Breuer.The post Everyone must come together to support
- Everyone must come together to support Sri Lanka s recovery and inclusive growth  IMF (Category: Breaking News)
- IMF reaches staff-level agreement with Sri Lanka on second review (Category: Breaking News)
- Despite signs of stabilization, full economic recovery not yet assured – IMF Mission (Category: Breaking News)
- IMF and Sri Lanka reaches Staff-Level Agreement for US$ 2.9 Billion Programme (Category: Breaking News)
By SHIHAR ANEEZ Sri Lanka expects to present an anti-corruption bill to the parliament in coming days, Cabinet Spokesman said, as the island nation has been urged by the International Monetary Fund (IMF) to reduce corruption. The IMF has urged Sri Lanka to reduce corruption vulnerabilities
- CBK: Proposed anti-corruption bill inadequate to end widespread problem (Category: Breaking News)
- IMF agreement with Sri Lanka must be contingent on critical reforms- US senate committee (Category: Breaking News)
- Govt gazettes new anti-corruption bill after IMF deal (Category: Breaking News)
- CSI calls for inclusion of IMF identified actions in programme (Category: Breaking News)
Reforms to be introduced to end ‘media abuses’ President Ranil Wickremesinghe yesterday said that the government was not in a position to lower the taxes. Delivering his second government policy statement to inaugurate the Fourth session of the Ninth Parliament, the President said: “Some people say that the primary taxable income should be raised from […]
- Ranil tells Parliament he will continue with unpopular decisions (Category: Breaking News)
- Sri Lanka President delivers Government’s policy statement in Parliament (Category: Breaking News)
- President Ranil Wickremesinghe’s Policy Statement – Full Text (Category: Breaking News)
- Prez insists on IMF approved new tax regime, warns of dire consequences unless fully implemented (Category: Breaking News)
Sri Lanka President Ranil Wickremesinghe ceremonially declared open the fourth session of the ninth Parliament and delivered the Government Policy Statement today (February 08).The post Sri Lanka President delivers Government’s policy statement in Parliament appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Prez vows to reform loss-making state enterprises, implement new tax regime (Category: Breaking News)
- Ranil tells Parliament he will continue with unpopular decisions (Category: Breaking News)
- President Ranil Wickremesinghe’s Policy Statement – Full Text (Category: Breaking News)
- An Exit Strategy From The Crisis: Agenda For Shared Revival Of Sri Lanka (Category: Breaking News)
[…]The post President Ranil Wickremesinghe’s Policy Statement – Full Text appeared first on Colombo Telegraph.
- Prez vows to reform loss-making state enterprises, implement new tax regime (Category: Breaking News)
- Sri Lanka President delivers Government’s policy statement in Parliament (Category: Breaking News)
- Ranil tells Parliament he will continue with unpopular decisions (Category: Breaking News)
- Sri Lanka President says Let 2048 be the year of development for Sri Lanka (Category: Breaking News)
President Ranil Wickremesinghe told Parliament today that he will continue with his unpopular decisions. Making his throne speech, Wickremesinghe said that he is not here to be popular. He said that the unpopular decisions he takes will have positive results in the years to come. The President said that Sri Lanka expects to recover from […]
- Sri Lanka President delivers Government’s policy statement in Parliament (Category: Breaking News)
- President Ranil Wickremesinghe’s Policy Statement – Full Text (Category: Breaking News)
- Prez vows to reform loss-making state enterprises, implement new tax regime (Category: Breaking News)
- President seeks opposition support to implement IMF deal (Category: Breaking News)
Pakistan’s former Prime Minister Imran Khan has decided not to stage mass protests like Sri Lanka to overthrow the Government. Thousands took to the streets and staged protests, some turning violent, forcing then President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa to step down. Khan has been hinting of similar protests in Pakistan to overthrow […]
- Imran Khan warns Pakistan heading towards Sri Lanka-like situation (Category: Breaking News)
- Imran Khan makes not so thinly veiled attack on judiciary (Category: Breaking News)
- Imran Khan warns of ‘Sri Lanka-like’ situation if elections not held (Category: Breaking News)
- Imran Khan commends India’s foreign policy, plays EAM Jaishankar’s clip at Lahore rally (Category: Breaking News)
[…]The post Food Security Challenges Aligning With The Current Economic Crisis In Sri Lanka appeared first on Colombo Telegraph.
- The Destiny Of China’s Colony Of Sri Lanka (Category: Breaking News)
- Machiavellians Tend To Be Demonic: Stuck Between A Rock & A Hard Place (Category: Breaking News)
- The Current System & Unlawful Actions (Category: Breaking News)
- Lack Of Accountability, Ability & Credibility (Category: Breaking News)
[…]The post ‘Make The Economy Scream’: Whither The Asian 21st Century? appeared first on Colombo Telegraph.
- Beyond The Myth Of TINA To The IMF: The New Development Bank In The Asian 21st Century (Category: Breaking News)
- The Paris Club, Dollar Debt Colonialism & Asia’s New “Donors”: Reforming The International Aid A... (Category: Breaking News)
- IMF, Sri Lanka’s Resource Curse & Privatization Of The Central Bank (Category: Breaking News)
- Channel 4’s Easter Sunday: The IMF Descends Amid An Over The Horizon Operation Staring ‘Sonic-So... (Category: Breaking News)
India is considered one of the potential superpowers of the world. This possibility has been attributed to many indicators, mainly demographic trends and a rapidly growing economy and military. India became the fastest-growing economy in the world in 2015, with estimated GDP growth of approximately 5%. There is no stopping India which is celebrating eight […]
- India’s commitment to climate change an example to the world! (Category: Breaking News)
- India makes it happen, enters the multi-billion dollar defence market (Category: Breaking News)
- India will be a developed nation by 2047, its economic growth ‘natural by-product’ of 9 years of... (Category: Breaking News)
- Myanmar Ports key to China’s Strategy of Controlling Indian Ocean (Category: Breaking News)
"So when added to VAT it will become 20 or 22 percent."
- Sri Lanka cabinet approves 2.5-pct turnover tax (Category: Breaking News)
- Sri Lanka ‘social security’ levy is a travesty, should be a sunset tax: Harsha (Category: Breaking News)
- Sri Lanka parliament panel approves Rajapaksa regime cascading levy (Category: Breaking News)
- Controversial Social Security Contribution levy comes into effect (Category: Breaking News)
[…]The post Country Has Fallen Due To The Socialist Thinking appeared first on Colombo Telegraph.
- The Impact Of The Next Election On The Economic Reforms (Category: Breaking News)
- Elections & Economic Recovery (Category: Breaking News)
- Are The IMF & Ranil Wickremesinghe Neoliberal? (Category: Breaking News)
- Redefining Traitors & Patriots In Relation To Sri Lanka Losing The Shipping Hub Status (Category: Breaking News)
Sri Lanka’s economic crisis is driving millions of people into poverty, jeopardizing their rights to health, education, and an adequate standard of living, Human Rights Watch said today. Human Rights Watch said the Sri Lankan Government should work with relevant financial institutions and partners to establish a new social protection system and obtain debt relief, […]
- Rights groups urge strong UN resolution on Sri Lanka (Category: Breaking News)
- Ranil urged to end use of counter terror laws on protesters (Category: Breaking News)
- Ongoing abuses undermining proposed TRC goals in Sri Lanka (Category: Breaking News)
- Rights group accuses Sri Lanka of cracking down on dissent (Category: Breaking News)
[…]The post It’s Time To Untether The Kite! appeared first on Colombo Telegraph.
- Ranil, Don’t Flatter Yourself; You’re No W G Grace (Category: Breaking News)
- From Frying Pan To The Fire: Ranil Will Make Gota Look Like A Boy Scout! (Category: Breaking News)
- Pastor Jerome Popped Up At The Wrong Time & May Not Have Jesus To Save Him (Category: Breaking News)
- Ranil-SWOT: A Reappraisal (Category: Breaking News)
“Human Rights Watch is extremely concerned by the draconian and abusive state of emergency currently in effect."
- Ranil urged to adopt measures to protect basic rights (Category: Breaking News)
- Sri Lankan President Ranil Wickremesinghe needs to end crackdown – Human Rights Watch (Category: Breaking News)
- HRW says economic crisis puts rights in Sri Lanka in peril (Category: Breaking News)
- Sri Lanka’s friendly nations abstained UNHRC voting – foreign minister (Category: Breaking News)
Sri Lanka’s new president, Ranil Wickremesinghe, should ensure that his administration adopts measures to protect the basic rights of all Sri Lankans, Human Rights Watch said in a letter published todayThe post Sri Lankan President Ranil Wickremesinghe needs to end crackdown – Human Rights Watch appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
- Rights group says Sri Lanka harassed, intimidated protesters (Category: Breaking News)
- Human Rights Watch urges major creditors to help restructure Sri Lanka’s debts (Category: Breaking News)
- New resolution on Sri Lanka adopted at United Nations Human Rights Council with 20 votes in favour (Category: Breaking News)
- Revoke sweeping new order to restrict protest – Human Rights Watch (Category: Breaking News)
Sri Lanka’s new president, Ranil Wickremesinghe, should ensure that his administration adopts measures to protect the basic rights of all Sri Lankans, Human Rights Watch said in a letter published today outlining key human rights concerns. Wickremesinghe was sworn in as president on July 21, 2022, after then-President Gotabaya Rajapaksa stepped down after months of widespread protests against [...
- Rights group accuses Sri Lanka of cracking down on dissent (Category: Breaking News)
- HRW accuses Sri Lanka of ignoring EU GSP+ requirements (Category: Breaking News)
- Ranil urged to end use of counter terror laws on protesters (Category: Breaking News)
- HRW says economic crisis puts rights in Sri Lanka in peril (Category: Breaking News)
Bangladesh has sought a $4.5 billion loan from the International Monetary Fund, the Daily Star newspaper reported on Tuesday, joining South Asian neighbours Pakistan and Sri Lanka in seeking help to cope with mounting pressure on their economies.
[…]The post 9th July Revolution Ousted Rajapaksa Dynasty; So, Let It Imprimatur appeared first on Colombo Telegraph.
- BASL; Altruistic Union That Does Not Stand For Its Members’ Sake But For The People (Category: Breaking News)
- A Janus Moment (Category: Breaking News)
- Is The IMF Mad To Give Loans To A Murderous Government? (Category: Breaking News)
- Dawn At Galle Face: Which Tomorrow? (Category: Breaking News)
[…]The post The Destiny Of China’s Colony Of Sri Lanka appeared first on Colombo Telegraph.
- Sri Lanka’s Past Is Prologue For China (Category: Breaking News)
- Postponing Elections & Inviting The Dragon: Sri Lankan President’s China Tilt (Category: Breaking News)
- Why Should The United States Care About Sri Lanka’s Predicament? (Category: Breaking News)
- Modi’s Civilizational Twist To Indo-Lanka Relations (Category: Breaking News)
[…]The post Open Letter To The President: Mr. President, It’s Not Too Late! appeared first on Colombo Telegraph.
- From Frying Pan To The Fire: Ranil Will Make Gota Look Like A Boy Scout! (Category: Breaking News)
- Journalists Killed & Missing In Sri Lanka (Category: Breaking News)
- Canada Imposes Sanctions On Mahinda Rajapaksa And Gotabaya Rajapaksa For Human Rights Violations (Category: Breaking News)
- Disorderly Order Of A People’s Movement (Category: Breaking News)
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