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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)
වෙනත් වර්ෂවලට සාපේක්ෂව මෙවර උත්සව සමයේ ඉන්ධන පාරිභෝජනය සැලකිය යුතු ලෙස අඩු වී ඇති බව ඛනිජ තෙල් බෙදුම්කරුවන්ගේ සංගමය පවසයි.
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 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)
[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)
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)
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)
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 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)
By Rathindra Kuruwita The petroleum sector unions warn that fuel prices will rise by around 11 percent from 01 January 2014 due to 18% VAT. Dr. Ashoka Ranwala, President of the General Employees’ Union of Petroleum Corporation, said previously petrol, diesel and coal had been exempted from VAT
- Fuel prices revised from midnight today (Category: Breaking News)
- Fuel prices revised from midnight today (Category: Breaking News)
- Fuel prices reduced (Category: Breaking News)
- Fuel prices revised (Category: Breaking News)
[…]The post Climate Colonialism At CoP 28: Carbon Laundering Via Green Bondscams? appeared first on Colombo Telegraph.
- Greenwashing Bond Scams & Financializing Mother Nature: Climate Science Fiction Versus Local Rea... (Category: Breaking News)
- Debt Restructuring As Rocket Science: The IMF, Green, Blue & Pink-Washing BlackRock? (Category: Breaking News)
- Channel 4’s Easter Sunday: The IMF Descends Amid An Over The Horizon Operation Staring ‘Sonic-So... (Category: Breaking News)
- Pelosi’s Pivot As Cold War & Colonialism Rebound: Blue-Greenwash In The Indian Ocean (Category: Breaking News)
By Rathindra Kuruwita The government has to reduce diesel price at least by another Rs. 20 if bus fares are to be lowered, private bus owners’ associations have said. They have claimed they can’t reduce bus fares although the price of a litre of diesel has been reduced by Rs 27. General Secretary of the All Ceylon Private Bus Owners’ […]
- Private bus operators want diesel price reduced (Category: Breaking News)
- PBOA requests for diesel subsidies (Category: Breaking News)
- No revision of bus fares - LPBOA (Category: Breaking News)
- Bus fares to be reduced if govt. reduces diesel prices (Category: Breaking News)
[…]The post Of That Heavy Carbon Footprint appeared first on Colombo Telegraph.
- An Oxygen Economy (Category: Breaking News)
- Understanding The Required System Change (Category: Breaking News)
- Forget The politicians & Their Bureaucrats, This Is Why We The Public, Need To Understand Climat... (Category: Breaking News)
- The Urgent & Critical Issues Related To Climate Change (Category: Breaking News)
What has been widely described as the “historic” Supreme Court judgment which by a majority 4-1 decision of a five-judge bench held the Rajapaksa brothers, Mahinda, Gotabaya and Basil and other unelected officials including two past Governors of the Central Bank, a former Secretary to the President, a former Treasury Secretary and some members of […]
- SLPP convention on Dec. 15 (Category: Breaking News)
- Two ex-Presidents say people will find it impossible to live under new VAT regime (Category: Breaking News)
- Mahinda pledges support for President Ranil (Category: Breaking News)
- No expectation of returning to power, says Mahinda Rajapaksa (Category: Breaking News)
OPEC+ producers have agreed to voluntary oil output cuts for the first quarter next year in an attempt to boost the market, but crude prices fell after the move. Saudi Arabia, Russia and other members of OPEC+, who pump more than 40 percent of the world’s oil, met online on Thursday and issued a statement […]
- OPEC crude output surges to 31.4m bpd in March (Category: Business)
- US cuts world oil demand growth on economy (Category: Business)
- How long will power cuts be? (Category: Breaking News)
- Oil prices rise as Saudi Arabia pledges output cuts – Opec+ (Category: Breaking News)
Bus fares will not be revised despite the fuel price reduction, the National Transport Commission (NTC) says.
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