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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)
Fuel demand in Sri Lanka has decreased by 50% during the current Christmas season compared to 2022, President of the Fuel Station Owners Association, Kumara Rajapaksa said on Thursday (December 28).The post Sri Lanka’s Fuel demand decreased by 50% in 2023 compared to 2022 appeared
- Filling stations experience sharp drop in fuel sales (Category: Breaking News)
- Fuel consumption in Sri Lanka drops 50% in December (Category: Breaking News)
- Fuel consumption drops by 50% (Category: Breaking News)
- First two Sinopec fuel shipments to arrive in Sri Lanka in August (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 at least one strategy to counter the impact […]
- 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)
The demand for fuel during the current Christmas season had decreased by 50% compared to that in 2022, President of the Fuel Station Owners Association, Kumara Rajapaksa said on Thursday (28). The number of vehicles arriving at gas stations had dropped, and the amount of fuel dispensed
- Gas muzzlers (Category: Technology)
- Why 'feed' a car? (Category: Technology)
- 'Miracle material' (Category: Technology)
- Gas Only (Category: Business)
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
- 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 Ports and Airports Development Levy (PAL) currently imposed on fuel and gas is set to be removed upon implementation of the revised Value Added Tax (VAT).
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 […]
- Global lawlessness and the responsibilities of statehood (Category: Breaking News)
- 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)
The Ceylon Petroleum Corporation (CEYPETCO), Lanka Indian Oil Corporation (LIOC) and Sinopec Energy Lanka have been directed to maintain 50% of their relevant fuel stocks, at minimum, at all filling stations.
The Fuel Distributors Association has guaranteed that fuel supply at all filling stations will remain uninterrupted during the festive season.
The Inland Revenue Department yesterday (21) issued the list of goods and services that would be exempted from the enhanced Value Added Tax (VAT) regime that comes into effect from 01 January 2024. The list of items included Wheat and wheat flour; infant milk powder; Pharmaceutical Products and Drugs (other than cosmetics) whose end use […]
- Tech Focus (Category: Business)
- Mobile Awareness (Category: Business)
- Tele Tracks (Category: Business)
- Post Loss (Category: Business)
Zionism plus impunity: By Bishop Duleep de Chickera When the Secretary General of the UN, condemned the Hamas attack of 7/10 and cautioned the world to see it in context, he came under harsh criticism from Israel. But he was right. It is misleading to enter a conflict in the middle of the story. The […]
- Palestine & Israel: Historical, Legal & Moral Issues (Category: Breaking News)
- 75 Years On: The Shameful Legacy Of The ‘Palestinian Nakba’ Continues! (Category: Breaking News)
- BIDEN’S COURAGEOUS VISIT TO ISRAEL ENDS IN ALMOST COMPLETE FAILURE (Category: Breaking News)
- Futility Of A ‘UN Day Of Palestinian Solidarity’ – In A World Carrying Its Past Guilt! (Category: Breaking News)
products and fuel, have been declared essential services.
[An article based on the Keynote Address delivered by Dr. P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, recently at the Annual Research Symposium 2023 of the University of Colombo] Introduction Inflation affects every aspect of our lives; it is a force that shapes our purchasing power, influences our financial decisions, and […]
- Nexus between money, exchange rate, money printing and inflation (Category: Breaking News)
- ‘SL’s inflation reduced to single digit levels in 2023 along with restoration of price stability’ (Category: Breaking News)
- High interest rates have prevented contraction of economy – CBSL Governor (Category: Breaking News)
- CB eases monetary conditions by reducing its interest rates (Category: Breaking News)
[…]The post Sri Lankan Media Miserably Failed To Cover Israeli Genocide In Gaza appeared first on Colombo Telegraph.
- Sri Lanka Supports US War-Mongers Against Houthis (Category: Breaking News)
- Genocide Of Palestinian Began Since 1948 (Category: Breaking News)
- ICJ Ruling On Israeli Genocide In Gaza; Stopped Short Of Ordering A Ceasefire (Category: Breaking News)
- Isn’t It Time For Sri Lanka To Expel Israelis? (Category: Breaking News)
Sri Lanka President Ranil Wickremesinghe has urged all political leaders to exhibit responsibility in their approach to the International Monetary Fund (IMF) program.The post Sri Lanka President calls for proposals from opponents of IMF program to rescue country from financial crisis appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- The President desires to make the most of the development opportunities in the Indian Ocean regi... (Category: Breaking News)
- Rupees 1,500 million allocated for ‘Greater Kandy Urban Development Program’ – State Minister fo... (Category: Breaking News)
- Sri Lanka will not allow anything harmful to India’s security – President Ranil (Category: Breaking News)
- Having Proper plan to strengthen Sri Lanka’s economy is important – President (Category: Breaking News)
[…]The post A Politics Of Conscience appeared first on Colombo Telegraph.
- A Great American Dilemma: Israel-Hamas War – Is It Reverse Holocaust? (Category: Breaking News)
- The Holocaust, history and today’s politics (Category: USA, Arkansas)
- The Holocaust, history and today’s politics (Category: USA, Arkansas)
- The Holocaust, history and today’s politics (Category: USA, Arkansas)
By MEERA SRINIVASAN As Sri Lanka tries to rebuild its battered economy after last year’s devastating crisis, the country’s political scene is gradually heating up, in the run up to two national elections scheduled next year — parliamentary and presidential — that will give citizens their first chance to vote, after they dislodged the Rajapaksas […]
- What is Jathika Chinthanaya? (Category: Breaking News)
- AKD: JVP-led NPP will not undermine India’s national security (Category: Breaking News)
- AKD & The JVP-NPP Should Tick All The Boxes To Win, Not Risk A Third Defeat (Category: Breaking News)
- Feminist Revolt & Masculinity Pitfalls In The Bolshevik Camp: Sri Lanka’s Election Prelude (Category: Breaking News)
The Cop28 global climate summit has reached a historic deal hailed by the United Nations as Âthe beginning of the end for the fossil fuel eraÂ.
By Shamindra Ferdinando Chairman of the Committee on Ways and Means Patali Champika Ranawaka on Tuesday (12) alleged that the Finance Ministry had allowed the operation of a distillery in spite of that company failing to pay taxes. The former minister said that the country lost millions for want of political will to recover what that company owed […]
- Govt. MP slams Finance Ministry over gaping holes in tax collection system (Category: Breaking News)
- Corrupt elements use Parliament, Finance Ministry to evade taxes (Category: Breaking News)
- Parliament flays FM, etc., for revenue shortfalls: Siyambalapitya says situation not properly as... (Category: Breaking News)
- Accusations reiterated, explanation sought from FM (Category: Breaking News)
Dialog Axiata PLC, announced its partners of the Dialog Innovation Challenge, an initiative to develop scalable, innovative digital solutions. The recent partner induction marks a significant milestone in this national endeavour, fostering collaboration across various sectors. The Information and Communication Technology Agency (ICTA) assumes the role of National Technology Partner, anchoring the ...
- ADL Wins GLOMO at MWC Barcelona, Makes History as Inaugural Recipient of Open Gateway Challenge (Category: Breaking News)
- Dialog Launches Future Zone at Lotus Tower (Category: Breaking News)
- UNDP supports ‘HackaDev Green Innovation Challenge’ (Category: Breaking News)
- From science to commercialisation (Category: Business)
How come royalty on foreign players replaced with additional Rs 50 charge on a litre of fuel? by Shamindra Ferdinando Convenor of the Samagi Joint Trade Union Alliance Ananda Palitha yesterday (12) said that the Wickremesinghe-Rajapaksa government was planning to impose VAT on fuel
- SJB unionist: IOC and Sinopec benefit from special levy on fuel to recover CPC losses (Category: Breaking News)
- Fuel prices reduced from midnight yesterday (Category: Breaking News)
- Govt. increased fuel prices to please Sinopec – Trade unionist (Category: Breaking News)
- Kanchana admits consumers charged Rs. 50 per litre of fuel to settle USD 700 mn Indian loan (Category: Breaking News)
Proactive measures are being implemented to modernize the agricultural sector in Sri Lanka with the aim of attracting the youth community to agriculture, Minister of Agriculture and Plantation Industries Mahinda Amaraweera said.The post Sri Lanka to modernize agricultural sector to attract youth community appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Efforts underway to engage youth in agriculture sector – Minister of Agriculture and Plantation (Category: Breaking News)
- Efforts underway to engage youth in agriculture sector  Agri. Minister (Category: Breaking News)
- Sri Lanka agriculture ministry launches green chillies cultivation drive (Category: Breaking News)
- Country is self-sufficient in rice, no rice imports expected in 2024 Â Minister (Category: Breaking News)
The UN climate talks in Dubai could be in jeopardy after some nations reacted furiously to a draft deal on fossil fuels they call “weak”. The draft removed language included in a previous text suggesting that fossil fuels could be “phased out”. All 198 countries at the summit must agree or there is no deal. […]
- Tyrannosaur’s last meal was two baby dinosaurs (Category: Breaking News)
- Gunmen storm Ecuador television studio live on air (Category: Breaking News)
- COP28: Poor countries win 30-year fight for climate cash as Loss and Damage Fund becomes a reality (Category: Breaking News)
- Alaska Airlines grounds 737 Max 9 planes after section blows out mid-air (Category: Breaking News)
A methane-powered rocket developed by a private Chinese company has launched three satellites into orbit, a milestone in its mission to test whether the vehicle is ready for commercial liftoffs. The success could boost investor confidence in methane as a potential rocket fuel, which is deemed able
- China launches the world s first methane-powered rocket into space (Category: Breaking News)
- Antarctic may host methane stores (Category: Technology)
- New Mexico methane emissions more than double (Category: USA, New Mexico)
- New Mexico methane emissions more than double (Category: USA, New Mexico)
Australian budget airline Jetstar is considering operating flights to Sri Lanka after a major shake-up to its long-haul flights. According to the Australian media, Jetstar announced a major shake-up to its long-haul flights that will see seatback entertainment screens axed in favour of in-flight Wi-Fi. The change is part of a multimillion-dollar update to Jetstar’s […]
- Air Seychelles to launch twice weekly A320neo flights to Sri Lanka (Category: Breaking News)
- Air Seychelles commences flights to Sri Lanka (Category: Breaking News)
- FitsAir Crowned as Asia’s Most On-Time Airline (Category: Breaking News)
- SriLankan acquires Air Belgium plane through wet lease deal (Category: Breaking News)
The United States vetoed a UN Security Council resolution that would have called for an immediate ceasefire in the intense fighting between Israel and Hamas in Gaza. Washington dashed a growing clamor for an immediate ceasefire that had been led by UN chief Antonio Guterres and Arab nations. American envoy Robert Wood said the resolution […]
- US call at UN for Gaza truce linked to hostages blocked (Category: Breaking News)
- US calls for temporary ceasefire in Gaza (Category: Breaking News)
- UN chief finally calls for a ceasefire (Category: Breaking News)
- Israel says it has arrested hundreds of Hamas and Islamic Jihad members (Category: Breaking News)
[…]The post Israel & Sri Lanka: UN’s Strikingly Different Approaches appeared first on Colombo Telegraph.
- UN chief finally calls for a ceasefire (Category: Breaking News)
- The TGTE; Past, Present & Future (Category: Breaking News)
- Sri Lanka rights panel hands report to UN chief (Category: Breaking News)
- ‘Home Grown Solution’ A Trojan Horse & Solidarity With Palestine Is A Gimmick (Category: Breaking News)
By Ifham Nizam The global technology powerhouse, Lenovo, has seen tremendous growth in Sri Lanka during the last three to four years, said Naveen Kejriwal, General Manager- Overseas Business, Consumer, Commercial & Tablets of Lenovo. Lenovo is a USD 62 billion revenue global technology powerhouse, ranked #217 in the Fortune Global 500, employing 77,000 people […]
- Lenovo aims to beat Dell in PCs by year end (Category: Business)
- China’s Lenovo inches closer to overtaking HP in PC sales (Category: Business)
- Lenovo moving to launch smartphones in US (Category: Business)
- Lenovo confident of closing PC market gap with HP (Category: Business)
By Rathindra Kuruwita Dissident Sri Lanka Freedom Party (SLFP) MP, Dayasiri Jayasekera, has expressed concern over a potential 50% drop in the revenue of the Ceylon Petroleum Corporation (CPC) due to the entry of foreign companies into the petroleum market. Jayasekera highlighted the adverse impact of the policies of successive governments on the CPC. “The […]
- It’s alright for new foreign fuel retailers to undercut CPC in pricing productsBy Rathindra Kuru... (Category: Breaking News)
- Fuel Distributors Association threatens legal action against CPC (Category: Breaking News)
- Govt.’s strong-arm tactics bound to fail, say petroleum unions (Category: Breaking News)
- CPC leaves shed owners in limbo (Category: Breaking News)
by Harim Peiris As we approach the end of 2023 and with about a year to go for the next presidential election due before end 2024, President Ranil Wickremesinghe’s frequent refrain and indeed the rationale for his administration is the revival of the national economy after it was spectacularly destroyed by his predecessor’s administration, ironically […]
- UNDP and LKI Propose a ‘Blue Economy’ Approach for Sri Lanka’s Economic Development (Category: Breaking News)
- IMF should oppose restrictions on Freedom of Expression, Civil Society Groups (Category: Breaking News)
- Japan funds UNDP-led anti-corruption initiative, pledges about one million USD (Category: Breaking News)
- IMF Executive Board approves US$3 Billion under the Extended Fund Facility arrangement for Sri L... (Category: Breaking News)
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