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The Sri Lanka Apparel Exporters Association (SLAEA) participated in the 16th Global Textile and Apparel Supply Chain Conference held in Shanghai, China recently with a focus on innovation and the development of national high-end textile advanced manufacturing clusters. Representing Sri Lanka at the annual conference, President of SLAEA Indika Liyanahewage spoke on ‘Green dynamics and […]
Wickremesinghe’s administration to stabilize the countries economy. […]
[…]The post Middle East Conflict: Why We Should Support Israel? appeared first on Colombo Telegraph.
[…]The post Akin To Fiddling When Rome Is Burning appeared first on Colombo Telegraph.
By Jehan Perera With presidential elections due in less than a year, President Ranil Wickremesinghe has embarked upon a course of electoral reforms of major proportions, for which he has appointed a presidential commission of inquiry. He appears to have done so without consultations with opposition parties or civil society. Both these groups were caught […]
Latest ‘Mood of the Nation’ poll shows a large reversal in sentiment The approval rating of the government has fallen from 21% in June 2023 to 9% in October 2023 according to the latest round of the Gallup style ‘Mood of the Nation’ poll conducted by Verité Research.The survey has shown that satisfaction with the state of […]
[…]The post SOE 2023: IPS Offers Some Inputs To Proposed Growth Lab appeared first on Colombo Telegraph.
By N Sathiya Moorthy In a television interview last month, Foreign Minister Ali Sabry reportedly said that the Government of President Ranil Wicrkemesinghe has taken ‘substantial steps to move away from a Welfare State’ in the last 18 months. And he said it not as if it was inevitable under the nation’s economic circumstances and […]
ECONOMYNEXT –Opposition and SJB leader Sajith Premadasa has accused the government of shrinking the economy through its proposal to increase value added tax (VAT) to 18 percent, claiming that it will reduce spending and investments. Speaking at an event on Friday November 03, Premadasa said Sri
The World Bank’s Managing Director for Operations, Anna Bjerde, concluded her four-day visit to Sri Lanka on Wednesday (November 01), encouraging the Government of Sri Lanka to stay the course on reforms for recovery and sustainable growth.The post World Bank’s Managing Director urges need for reform continuity, concludes visit to Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaki...
The Hezbollah leader took his time to respond to the past month of bloodletting which has turned the Middle East into a tinder box. And when Hassan Nasrallah spoke, what he did not say was as important as what he said. There was no declaration of all-out war on Israel. At least, not now. Few […]
Calls for industry-led solutions to achieve market penetration and growth in the Digital Economy.
Sri Lanka’s digital retail payments are poised for remarkable expansion, with the potential to reach up to Rs 77.2 trillion by 2027, according to analysis by Robocash Sri Lanka. This represents a substantial 128 percent increase from the 2022 level. The optimistic forecast by the company is contingent on the assumption that all major macroeconomic […]
[…]The post From King Elara To Narendra Modi, Evolution Of A Geopolitical Impasse appeared first on Colombo Telegraph.
In a significant development, Sri Lanka is making notable strides towards combating climate change and transitioning into a green economy. Speaking at an international forum, President, Ranil Wickremesinghe, outlined the country s ambitious plans for environmental sustainability and economic growth.
[…]The post Doctors’ Brain Drain: Health Security Concern In Sri Lanka appeared first on Colombo Telegraph.
[…]The post BRI Dynamics & Politics Of Cabinet Reshuffle appeared first on Colombo Telegraph.
The private sector praises President’s program aimed at stabilizing the economy.
Cassandra is sick to her innermost core seeing on TV daily, multiple protests of motley crowds toting banners and marching all across roads and in many instances being tear gassed and water cannoned. She is sure that like her, five sixths of adult citizens in this doomed and gloomed land are sick of these protests. […]
Friday 3rd November, 2023 The latest VAT hike has come as a double whammy for the public, who are reeling from extremely high taxes and tariffs, not to mention the soaring cost of living. The SLPP politicians seem to be deriving some perverse pleasure from the predicament of the people, who rose against them and […]
President Ranil Wickremesinghe, on Wednesday night, speaking at the National Industry Awards ceremony, acknowledged the challenging decision to increase the Value Added Tax (VAT) to 18 percent, emphasising the imperative need to maintain economic stability. National Industry Excellence Awards 2023 was held at the Nelum Pokuna Theatre in Colombo. President Wickremesinghe stressed the importance of ...
In a significant development that marks a milestone in Sri Lanka’s economic and technological journey, the 12th Round of Economic and Technology Cooperation Agreement (ETCA) negotiations between Sri Lanka and India took place from the 30th of October to the 1st of November 2023 in Colombo. Sri Lanka’s vision has always been to integrate with […]
As Sri Lanka recovers from a series of unprecedented shocks with devastating impacts, it is crucial to stay the course on sound and timely reforms in order to stabilize the economy, World Bank Managing Director for Operations, Anna Bjerde, said. Anna Bjerde, who concluded a four-day visit to Sri
Weeks of mounting political tension have erupted into protests and bloodshed in Bangladesh, leaving the country on edge ahead of general elections due in January. Several senior opposition leaders were arrested last Sunday, a day after a massive rally against the government turned violent, resulting in the deaths of at least two opposition supporters. The rejuvenated […]
By Shamindra Ferdinando Justice Minister Dr. Wijeyadasa Rajapakshe, PC, has said the Foreign Exchange Act No 12 of 2017, enacted during the Yahapalana administration was meant to facilitate the operations of those who exploited the system for their benefit. The new Act had repealed the Exchange Control Act of 1953, Dr. Rajapakshe said, adding that the Yahapalana move […]
• Profit before Tax accelerated 100.75% to LKR 7,181 Mn • Overall Statutory Liquid Assets Ratio is 39.10% at 30 Sept ‘23 • Total Capital Adequacy Ratio of 15.29% as at 30 Sept ‘23 Seylan Bank announced an impressive Profit after Tax (PAT) of LKR 4.49 billion for the nine months ended September 30, 2023, […]
[…]The post The Urgent & Critical Issues Related To Climate Change appeared first on Colombo Telegraph.
By Rathindra Kuruwita President Ranil Wickremesinghe will propose a salary hike for government servants from the 2024 budget, Cabinet spokesman Bandula Gunawardena told reporters on Tuesday. Commenting on the demands by government servants for a 20,000 rupee salary hike, Gunawardena said that there was an opportunity cost for everything. The Cabinet Spokesman said President Wickremesinghe […...