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State Minister of Tourism Diana Gamage says Sri Lanka needs to have a better night life to attract more tourists. She said that there needs to be more entertainment in the beach areas that continue late into the night. The State Minister also called for restaurants in Colombo to be open till very late and […]
- Diana claims she accompanied political asylum seekers who lied (Category: Breaking News)
- Court informs CID it can arrest Diana Gamage (Category: Breaking News)
- Overseas travel ban on Diana Gamage extended (Category: Breaking News)
- Court orders report on Diana Gamage’s passport, ID (Category: Breaking News)
Mrs. Diana Gamage, the Minister of State for Tourism emphasized the critical role of nightlife in driving economic growth, citing it as a cornerstone of the night economy. She underscored that the night economy accounts for a substantial 70% of a country’s revenue, illustrating its significant
State Minister for Tourism, Diana Gamage says nightlife plays a critical role in driving economic growth, citing it as a cornerstone of the night economy. She underscored that the night economy accounts for a substantial 70% of a country s revenue, illustrating its significant contribution
to boost the economy by generating revenue. She made this comment […]
- Fleurieu crowds go with the flow (Category: South Australia)
- Going ape (Category: Technology)
- Eastern Eye (Category: Business)
- Sri Lanka seeks more Saudi tourists (Category: Breaking News)
Sri Lanka inflation, based on the National Consumer Price Index (NCPI), for January 2024 was recorded at 6.5%, as measured by the year-on-year change, the Department of Census and Statistics (DCS) revealed in its latest report published on Wednesday (Feb.21).
Sri Lanka s inflation is expected to return to the government s 5% target starting from the last two quarters of the year, a Central Bank of Sri Lanka (CBSL) official said on Wednesday, as the economy stabilises from a crippling financial crisis.
Profit before Tax increases by 258% amidst external challenges Pan Asia Banking Corporation PLC reflected a steady performance amidst multitude of adversities emerging from challenging macro-economic conditions as the Bank reported its financial performance during 2023, which showed judicious portfolio management and prudency exercised in dealing with possible fallout on its asset quality in chall...
- Concessionary loan scheme for SMEs (Category: Breaking News)
- June 30 declared a special bank holiday (Category: Breaking News)
- Increase in workers’ remittances (Category: Breaking News)
- Central Bank Governor optimistic about IMF approval for Sri Lanka’s second tranche of extended f... (Category: Breaking News)
In his policy statement during the inauguration of the 5th session of the 9th parliament, President Ranil Wickremesinghe insists that the solution to the economic crisis lies in economic and scientific measures, not political ones. However, he draws inspiration from Confucius and urges citizens to introspect and cleanse their hearts, which can be seen as […]
- Bishops urge relief package for poor (Category: Breaking News)
- ACJU echoes Aragalaya demands (Category: Breaking News)
- Pope Francis implores Lankan leaders to listen to the cries of the people (Category: Breaking News)
- Heed people’s call for new political model (Category: Breaking News)
Google.org, Google’s philanthropic arm, is providing $15M to The Asia Foundation to launch the APAC Cybersecurity Fund in partnership with CyberPeace Institute and Global Cyber Alliance to bolster cyber capabilities of 300,000 underserved micro and small businesses, nonprofits, and social enterprises. Working with implementing organizations and universities across the region, The Asia Foundation a...
- Free cybersecurity contest to bring scholarship opportunities for Indiana students (Category: USA, Indiana)
- NH small businesses embrace Cyber Monday as shopping shifts during pandemic (Category: USA, New Hampshire)
- NH small businesses embrace Cyber Monday as shopping shifts during pandemic (Category: USA, New Hampshire)
- NH small businesses embrace Cyber Monday as shopping shifts during pandemic (Category: USA, New Hampshire)
The Maldives is a strategically important nation in the Indian Ocean, now facing a high risk of debt distress due to its increasing proximity to China. The IMF has warned the Maldives that it needs to make urgent policy changes to avoid falling into debt. The Maldivian economy, which is heavily
- China’s Efforts to Pressure Sri Lanka into Signing FTA through Debt Restructuring (Category: Breaking News)
- Maldives’ Anti-India Leadership Sparks Public Ire and Economic Turmoil (Category: Breaking News)
- Maldives’ Economic Downfall Under President Muizzu’s Choices (Category: Breaking News)
- China-Sri Lanka trade agreements ‘speed up’ amidst debt restructuring negotiations (Category: Breaking News)
[…]The post Choice Of Elections Or Abolition Of Presidency appeared first on Colombo Telegraph.
- New Mandates Before New Amendments (Category: Breaking News)
- Regular Elections Are The Foundation Of Democratic Society (Category: Breaking News)
- What The President Can Do Before He Goes (Category: Breaking News)
- Akin To Fiddling When Rome Is Burning (Category: Breaking News)
[…]The post Poverty Of Wisdom appeared first on Colombo Telegraph.
- Lying About Age Of Protestant Mission Schools: Is Age Quality? (Category: Breaking News)
- Ranil’s Presidency & The TNA’s Dilemma (Category: Breaking News)
- Andrew Sujeevan, Anglican Johnian Punished By A Corrupt Theocratic Church (Category: Breaking News)
- Demise Of Eelaventhan- My Beloved Older Brother (Category: Breaking News)
President Ranil Wickremesinghe underscored the government’s commitment to safeguarding the economic and social rights of the upcountry Tamil community during a ceremony held at the Presidential Secretariat. He acknowledged their significant contribution to the nation’s economy and expressed
President Ranil Wickremesinghe assured a solution to the issues faced by the Tamils in the North and East. He said the Government is diligently addressing challenges one by one and currently, discussions are underway to find solutions for the issues facing the people of the North East. “Simultaneously, we must prepare to advance the nation’s […]
- UN FAO to support Sri Lanka during these critical times (Category: Breaking News)
- Students attend Sri Lanka’s Cabinet meeting for the first time (Category: Breaking News)
- Modi committed to support Indian origin Tamils in Sri Lanka (Category: Breaking News)
- President to take steps to prevent anarchy (Category: Breaking News)
I became the first person to officially transact using UPI in Sri Lanka on February 12th 2024. In the presence of three heads of states/ governments. Leaders of India, Sri Lanka and Mauritius watched the transaction and celebrated its success with applause. So what is UPI ? How does it benefit indian consumers, merchants and […]
- Only three transactions per LankaQR merchant code in 2023 (Category: Breaking News)
- India and Sri Lanka fail to reach deal on fee payments for RuPay transactions (Category: Breaking News)
- India’s PhonePe UPI launched in Sri Lanka (Category: Breaking News)
- India’s Unified Payment Interface (UPI) service launched in Sri Lanka (Category: Breaking News)
US Assistant Secretary of State for South and Central Asia, Donald Lu, hailed Sri Lanka as an example of the success of the administration’s Indo-Pacific strategy in collaboration with partners such as India. However, he also warned both Delhi and Dhaka that the security situation born out of the Rohingya refugee crisis and the general […]
- India bolsters military and economic ties with the US and Europe amidst China’s aggression in In... (Category: Breaking News)
- Committed to India, can create favourable balance of power in Indo-Pacific, says US (Category: Breaking News)
- Maldivian President Muizzu’s pro-China party secures ‘super majority’ in parliamentary polls (Category: Breaking News)
- US fears China may use loans to Sri Lanka for coercive leverage (Category: Breaking News)
[…]The post Doorway 2024 appeared first on Colombo Telegraph.
- Still, The Mirage (Category: Breaking News)
- Kurundi: A Runway To ’56? (Category: Breaking News)
- Incubating, Again (Category: Breaking News)
- Pyromaniacs On The March (Category: Breaking News)
by Rajan Philips 2024 is election year practically everywhere. In South Asia, it is two down and two to go. Bangladesh went first in January, and the governing Awami League won the election as predicted, with the main opposition Bangladesh National Party boycotting the election and the government fielding independent candidates to avoid the embarrassment […]
- Executive Ranil Turns Constitutional Interpreter, As AKD Arrives Via India (Category: Breaking News)
- Destination Delhi: Roving President’s Next Port Of Call (Category: Breaking News)
- 2024: The Year Of South Asian Elections (Category: Breaking News)
- Timetable set for India’s national election, deadlock elections loom in Sri Lanka (Category: Breaking News)
Sri Lanka’s inflation is anticipated to gradually stabilise around the targeted level of five per cent over the medium term, following a short-lived acceleration of inflation in the near term on account of the recent tax adjustments and supply-side disruptions, the Central Bank of Sri Lanka (CBSL) said in its monetary policy report for February. […]
- Inflation drops to 5.1 % in February (Category: Breaking News)
- CB says a big drop in inflation this month (Category: Breaking News)
- Inflation rises to 6.5 pct in January (Category: Breaking News)
- CCPI based headline inflation increases in November 2023 (Category: Breaking News)
[…]The post Executive Ranil Turns Constitutional Interpreter, As AKD Arrives Via India appeared first on Colombo Telegraph.
- Electing A New Parliament & Ending The Old Presidency (Category: Breaking News)
- Ranil’s Election Fright & The TNA’s Election Strategy (Category: Breaking News)
- India’s Election Timetable & Sri Lanka’s Deadlock Elections (Category: Breaking News)
- Electing A President: Three Against One In The US & Three Against Three In Sri Lanka (Category: Breaking News)
Sri Lanka is back in the geopolitical spotlight ahead of elections slated for later this year, and former President Maithripala Sirisena says Washington should be paying attention. Outside powers — specifically China — are exerting influence amid what Mr. Sirisena says is a moment of “great instability” for his country, a teardrop-shaped island just off […]
- Independent group yet to inform President on nominees for PM (Category: Breaking News)
- Maithripala says animals “playing games” and multiplying fast (Category: Breaking News)
- SLFP will not vote but will support elected President (Category: Breaking News)
- Maithripala Sirisena exposes Nimal Siripala (Category: Breaking News)
By Saman Indrajith The government’s decision to give two million farming families freehold land deeds will lead to shanty towns popping up in most major towns in Sri Lanka, Pivithuru Hela Urumaya (PHU) leader Udaya Gammanpila said. Gammanpila added that President Ranil Wickremesinghe’s Urumaya Freehold Deed Programme could probably mark the end of Sri Lankan […]
- ‘Socially vulnerable’ towns and cities still lag behind in vaccinations for 75-and-older, even a... (Category: USA, Arkansas)
- Postcards From The Road: Grace Grad Captures Essence Of Small Towns (Category: USA, Indiana)
- Postcards From The Road: Grace Grad Captures Essence Of Small Towns (Category: USA, Indiana)
- Postcards From The Road: Grace Grad Captures Essence Of Small Towns (Category: USA, Indiana)
The Central Bank of Sri Lanka released the Monetary Policy Report – February 2024 in keeping with the requirements of the Central Bank of Sri Lanka Act, No. 16 of 2023. The content of this Report is mainly based on information that was considered by the Monetary Policy Board of the Central Bank of Sri […]
- Value Added Tax amendment hits inflation target (Category: Breaking News)
- High interest rates have prevented contraction of economy – CBSL Governor (Category: Breaking News)
- CBSL to maintain ‘dovish monetary policy in view of economic stabilization’ (Category: Breaking News)
- Central Bank of Sri Lanka says annual economic growth expected to turn positive in 2024 (Category: Breaking News)
Projections indicate a deviation of inflation from the target, primarily due to amendments to the Value Added Tax (VAT) introduced in January 2024, before it retraces towards the target from around end 2024, the Central Bank of Sri Lanka said. The Central Bank of Sri Lanka released the Monetary Policy Report – February 2024 in […]
- Central Bank of Sri Lanka further reduces policy interest rates (Category: Breaking News)
- CBSL’s decision to raise policy rates in line with IMF expectations (Category: Breaking News)
- Central Bank of Sri Lanka further reduces policy interest rates (Category: Breaking News)
- ‘SL’s inflation reduced to single digit levels in 2023 along with restoration of price stability’ (Category: Breaking News)
Sri Lanka's economy is expected to keep growing in 2024 and gradually reach its potential over the medium term, according to the Central Bank's latest report on monetary policy.The post Central Bank of Sri Lanka says annual economic growth expected to turn positive in 2024 appeared first on ONLANKA
- Sri Lanka’s official reserve assets up by 9.6% in April 2024 (Category: Breaking News)
- Central Bank of Sri Lanka maintains Policy Rates to support Economic Recovery (Category: Breaking News)
- Sri Lanka Central Bank further reduces policy rates (Category: Breaking News)
- Sri Lanka’s Central Bank holds policy interest rates at current levels (Category: Breaking News)
Cuban President Miguel Mario Diaz-Canel Bermúdez has sought healthy economic cooperation with Sri Lanka. Ambassador of Sri Lanka to the Republic of Cuba, Admiral Nishantha Ulugetenne presented his credentials to the President at the Palacio de la Revolución in Havana. At a state ceremonial presentation held at the Palacio de la Revolución, Ambassador, Admiral Nishantha […]
- New envoys for Pakistan and Thailand in Sri Lanka present their credentials (Category: Breaking News)
- Cuba and Sri Lanka examine bilateral ties (Category: Breaking News)
- European Investment Bank monitoring IMF offer for Sri Lanka (Category: Breaking News)
- BASL concerned over Ranil’s attack on Saliya Pieris (Category: Breaking News)
[…]The post The Economic Setbacks Of Yahapālanaya Government appeared first on Colombo Telegraph.
- Corruption In Sri Lanka: The Root Of Modern Social Instability (Category: Breaking News)
- The Menace Of Political Nepotism: Sri Lanka’s Downfall (Category: Breaking News)
- NATO Expansion: The Untold Agreement & Its Role In The Ukraine War (Category: Breaking News)
- Shocking Incident Involving Mormon Leader’s Assault Of Sri Lankan Father Leads To Charges & Cour... (Category: Breaking News)
Sri Lanka s spike in inflation is expected to be short-lived and will return to the targeted 5% in the medium term, a monetary policy report released by the central bank said on Thursday as the island nation s economy stabilises from a crippling financial crisis.
Friday 16th February, 2024 Much is being spoken about educational reforms, these days. President Ranil Wickremesinghe has stressed the need to gear the education system to the much-needed economic transformation the country is seeking to achieve. A former Minister of Education, the President is au fait with global trends in the field of education, and […]
- Accepting applications for admission to NIEs extended (Category: Breaking News)
- Nine students hospitalized after clash at private education institute (Category: Breaking News)
- Edu. Ministry to not issue letters to admit students for intermediate grades in national schools (Category: Breaking News)
- 12 students hospitalised after clash at Ruhuna National College of Education (Category: Breaking News)
By Nimali Liyanage B.Sc. Accountancy (Sp.), FCA The broadening of the tax net and the removal of the Value Added Tax (VAT) exemptions have had a positive impact on the economy, but the government will not earn the expected tax revenue if some basic reconciliations cannot be done by the Inland
- SHOULD WE BE INFORMANTS TO BOOST TAX REVENUE? (Category: Breaking News)
- IRD announces financial relief initiative for senior citizens (Category: Breaking News)
- Govt plans Revenue Authority to monitor underperforming IRD, Excise dept, Customs (Category: Breaking News)
- Champika Ranawaka’s Journey To Presidency: Forging His Own Path (Category: Breaking News)
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