Archive for November 13th, 2021

THE BUDGET AND THE CONCEPT OF PRODUCTION ECONOMY

Saturday, November 13th, 2021

BY EDWARD THEOPHILUS In Sri Lanka, the budget has been given the wrong impression to people that it is a way of decreasing or increasing prices of consumables or otherwise providing various reliefs to proletarians. However, it has not come to a reality as people expect. This impression came to people’s minds, as the many […]

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Presidential Royalty on the rise

Saturday, November 13th, 2021

Courtesy The Island Sri Lanka has just achieved a world record. Its national Budget has been presented in Parliament by a foreigner. Yes, yes – A Dual Citizen. Are you sure this Budget is not really meant to help US President Joe Biden to get over his problems? We must wonder whether our American/Sri Lankan […]

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Sri Lanka’s budget aims at winning back alienated voters

Saturday, November 13th, 2021

By P.K.Balachandran Courtesy NewsIn.Asia Colombo, November 13 (Counterpoint): Sri Lankan Finance Minister Basil Rajapaksa’s maiden budget presented to parliament on Friday, is both growth-oriented and especially strong on the provision of relief to the general population which has suffered greatly due to a combination of a COVID-19 scare, lockdowns and incompetent governance. If the relief […]

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US delivers $150 million in financing to support community-based women entrepreneurs

Saturday, November 13th, 2021

Courtesy NewsIn.Asia Colombo, November 13 (newsin.asia): The United States government disbursed $150 million in financing to DFCC Bank on November 12 to support sustainable development of Sri Lankan community-based businesses.  This is the largest loan disbursement by the U.S. Development Finance Corporation (DFC) for Sri Lanka, and it is part of a $265 million commitment […]

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Budget 2022 – Percentage and GST categories to be decided by FM (Video)

Saturday, November 13th, 2021

Courtesy Hiru News The Governor of the Central Bank Ajith Nivard Cabraal stated that he hopes to restructure loans in a manner that is beneficial to the country. He was addressing a discussion on the budget organized by the Central Bank of Sri Lanka held through video technology. Some of the proposals made by the […]

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Ship-load of ‘toxic’ Chinese fertilizer causes diplomatic stink

Saturday, November 13th, 2021

By Anbarasan Ethirajan Courtesy BBC Why is a ship carrying cargo from China refusing to leave Sri Lankan waters despite being asked to do so by authorities? The answer is a crucial shipment gone horribly wrong, leading to a rare diplomatic tussle between two close allies, the blacklisting of a bank, and a group of […]

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චීන පොහොර සමාගම මට්ටු කරන විදිහ මෙන්න…!

Saturday, November 13th, 2021

නාමල් උඩලමත්ත FB කෘෂිකර්ම අමාත්‍යාංශය රසායනාගාර වාර්තා 51ක් වෙනස් කර ප්‍රමිතියෙන් තොර පොහොර මෙට්‍රික් ටොන් 81,000ක් ගොවීන් අතර බෙදා දී ඇති බව 2020 විගණකාධිපති වාර්තාව මගින් හෙළි වී ඇතැයි මාධ්‍ය වාර්තා කර තිබේ. මෙම වාර්තා සකස් කළේ කවුද ඒවා වෙනස් කළේ කවුද ශ්‍රී ලංකා ශාක නිරෝධායන ආයතනයට එහිලා පැවරෙන වගකීම කුමක් ද යන්න පිළිබඳ විමර්ශනයක් […]

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AG’s advice sought on Chinese fertilizer company’s letter of demand

Saturday, November 13th, 2021

Courtesy Adaderana The Attorney General’s advice is to be sought with regard to the letter of demand issued by the Chinese company which supplied the controversial stock of organic fertilizer. Qingdao Seawin Biotech Group Co Ltd recently directed a letter of demand to Dr. W.A.R.T. Wickramaarachchi, Additional Director of the National Plant Quarantine Service of […]

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Fin. Min. says Sri Lanka will not default on debt repayment

Saturday, November 13th, 2021

Courtesy Adaderana Sri Lanka would not be defaulting on its debt repayment, says Minister of Finance Basil Rajapaksa, who addressed a special media briefing convened by the Finance Ministry on Saturday (November 13). During the press conference, he addressed an array of questions on the budget proposals tabled in Parliament the day before. With regard […]

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COVID: 716 cases in total and 22 new COVID-related deaths confirmed within the day

Saturday, November 13th, 2021

Courtesy Adaderana The daily count of COVID-19 cases confirmed in Sri Lanka moved to 716 today (November 13) as 204 more people were tested positive for the virus, the Epidemiology Unit said. This brings the total number of confirmed cases of coronavirus reported in the country to 549,500. As many as 523,503 recoveries and 13,972 […]

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