Archive for February, 2023

Current tax policy not a normal tax policy, but rather a rescue operation”

Wednesday, February 22nd, 2023

Courtesy Hiru News President Ranil Wickremesinghe says the current tax policy in Sri Lanka is not a normal tax policy, rather a rescue operation. He warned that if this process is disrupted, Sri Lanka will not be able to join the International Monetary Fund program and may lose the opportunity to do business with foreign […]

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Cabinet nod to service $ 2.6 b loans in 1H of 2023

Wednesday, February 22nd, 2023

Courtesy Hiru News The Cabinet of Ministers at its meeting on Monday approved to service of 2.6 billion dollars in debt payments due in the first half of this year, whilst vesting the authorisation powers to the Treasury Secretary to provide the necessary funds. Cabinet Co-Spokesman and Minister Bandula Gunawardena said at the post-Cabinet meeting […]

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President urges all citizens to unite in efforts to overcome economic crisis and promote reconciliation

Wednesday, February 22nd, 2023

Courtesy Adaderana During an event held this morning (Feb. 22) at Royal College, Colombo, President Ranil Wickremesinghe urged all citizens, including politicians, professionals, teachers, those engaged in agriculture, the business community, and members of the security forces, police and civil servants, to work together to overcome the current economic crisis and promote reconciliation efforts. The […]

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Sri Lanka-France agri cooperation can be developed – envoy

Wednesday, February 22nd, 2023

Courtesy Adaderana Minister of Plantation Industries Dr. Ramesh Pathirana has highlighted the importance of identifying new localities for rubber plantation as a solution to address shrinking cultivations. Addressing an event to launch a project funded by France to support small holder rubber planters, the Minister pointed out that rubber planters shifting to other crop cultivation […]

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SriLankan Airlines chases foreign income with route reboot

Wednesday, February 22nd, 2023

Courtesy Adaderana Facing a dire national financial crisis and an urgent need to generate foreign currency income, state-owned SriLankan Airlines (SL) is restructuring and expanding its network to markets that were strong in the pre-Covid period, including Australia, and China. India remains the flag-carrier’s largest market, though flights have been reduced from 125 to 90 […]

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BOI approval for two wind power plants by India’s Adani Group

Wednesday, February 22nd, 2023

Courtesy Adaderana The Board of Investment of Sri Lanka (BOI) has issued a letter of approval to India’s Adani Green Energy Limited for the two wind power plants to be set up in Mannar and Pooneryn at a total investment of USD 442 million.  The project will add 350 MW of electricity to the national […]

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Sri Lanka reports highest rate of diabetes in Asia – study

Wednesday, February 22nd, 2023

Courtesy Adaderana A national study conducted by local researchers has revealed that Sri Lanka has the highest rate of diabetes in Asia, with almost one in four adults having being diagnosed. The survey, done in 2019 by researchers from several local universities, the Medical Research Institute (MRI) in Colombo and the Institute for Health Policy […]

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Japan to provide USD 46 million grant to Sri Lanka

Wednesday, February 22nd, 2023

Courtesy Adaderana The Secretary to the Ministry of Finance and the Ambassador of Japan today (22 Feb.) signed an exchange of notes for a grant of USD 46 million. Accordingly, Finance Secretary Mahinda Siriwardena and Ambassador MIZUKOSHI Hideaki signed an exchange of notes for the USD 46 million grant to provide 20 million litres of […]

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The Tamil “problem”: How can Sri Lanka solve a problem that does not exist?

Tuesday, February 21st, 2023

Shenali D Waduge Ask the majority of so-called Tamil leaders & they will claim Tamils have problems. They will quote problems that is not exclusive to them & examples that do not even exist. Ask them to name present problems exclusive to Tamils, they will get stuck, so everyone asking the problem are careful not […]

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බිලියනපති බදු හොරු

Tuesday, February 21st, 2023

| Lanka Lead News සිරි ලංකාවෙ ලොකුම වී මෝල් හිමියා පසුගිය වසර 5 තුල ගෙවා ඇති ආදායම් බදු මුදල රුපියල් 0 (බින්දුව) යි.. සිරි ලංකාවේ දෙවන විශාලතම වී මෝල් හිමියා වසරකට ගෙවා ඇති ආදායම් බද්ද රුපියල් ලක්ෂ 9 යි.. සිරි ලංකාවේ බිලියන ගණනින් ආදායම් උපදවන කැසීනෝ බලපත්‍ර 4ක් 5ක් ඇත.. ඒ අය ගෙවන ආදායම් බදු […]

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A digital voting system should be introduced for future elections – Sri Lanka Digital Citizen Association

Tuesday, February 21st, 2023

Amanda Ranasingha Convener  A digital voting system should be introduced in the country as soon as possible as it would benefit the country in a variety of ways, including a significant cost reduction when conducting polls, Sri Lanka Digital Citizen Association said. Sri Lanka Digital Citizen Association Convener Amanda Ranasinghe emphasized that it would bring […]

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The Grand Prophecy of an Illustrious Son

Tuesday, February 21st, 2023

by A. Abdul Aziz.  Press Secretary, Ahmadiyya Muslim Jama’at – Sri Lanka. On 20th February 1886, the Founder of the Ahmadiyya Muslim Community (Jama’at) in Islam Hazrat Mirza Ghulam Ahmad (peace be on him) – the Promised Messiah and Imamal-Mahdi, claimed to have received a divine revelation informing him that an exceptionally gifted and pious […]

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ජාත්‍යන්තර මූල්‍ය අරමුදල මගින් යෝජිත ණය ප්‍රතිව්‍යුහගත කිරීමේ පැකේජය සම්පූර්ණ වූ වහාම නවතා ඇති JAICA ව්‍යාපෘති නැවත ආරම්භ කෙරේ.

Tuesday, February 21st, 2023

අග්‍රාමාත්‍ය මාධ්‍ය අංශය. මූල්‍ය ගැටලු හේතුවෙන් තාවකාලිකව නවතා ඇති සියලුම ව්‍යාපෘති නැවත ආරම්භ කරන ලෙස අග්‍රාමාත්‍ය දිනේෂ් ගුණවර්ධන මහතා ජපාන ජාත්‍යන්තර සහයෝගිතා නියෝජිතායතනයෙන් (JAICA) ඉල්ලා සිටියේය. අග්‍රාමාත්‍යවරයා මෙම ඉල්ලීම කළේ දකුණු ආසියාව සඳහා වන JAICA අධ්‍යක්ෂ ජනරාල් ඉතෝ තෙරුයුකි මහතා සඳුදා (20)  හමුවූ අවස්ථාවේදීය. ජාත්‍යන්තර මූල්‍ය අරමුදල විසින් ණය ප්‍රතිව්‍යුහගත කිරීමේ වැඩසටහන අවසන් කළ වහාම […]

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ජාත්‍යන්තර මාතෘ භාෂා දිනය අග්‍රාමාත්‍ය දිනේෂ් ගුණවර්ධන මහතාගේ ප්‍රධානත්වයෙන් සැමරේ..

Tuesday, February 21st, 2023

අග්‍රාමාත්‍ය මාධ්‍ය අංශය. ජාත්‍යන්තර මව්භාෂා දිනය (International Mother Language Day) අග්‍රාමාත්‍ය දිනේෂ් ගුණවර්ධන මහතාගේ ප්‍රධානත්වයෙන් ශ්‍රී ලංකාවේ බංග්ලාදේශ මහ කොමසාරිස් කාර්යාලයේ සංවිධානයෙන් 2023.02.21 දින කොළඹ නිදහස් චතුරස්‍රයේ දී පැවැත්විණි.   සෑම වසරකම පෙබරවාරි 21 වැනිදාට යෙදෙන ජාත්‍යන්තර මව්භාෂා දිනය සාමය ස්ථාපනය කිරීම, බහු භාෂා භාවිතාව ප්‍රවර්ධනය සහ ලොව පුරා ඇති මව්භාෂා ආරක්ෂා කිරීම අරමුණු කරගනිමින් පැවැත්වෙයි. […]

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Some Turmeric Manufacturers Add Lead to the Spice and tests to check for lead in Tumeric

Tuesday, February 21st, 2023

Natalia J. Courtesy Health by BabaMail No need for alarm but be warned that some Turmeric Manufacturers Add Lead to the Spice   The golden spice is one of the most potent natural ingredients out there, and the active ingredient in turmeric, curcumin, has been shown to have antimicrobial and cancer-fighting properties, among many other […]

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දළදා වහන්සේගේ ආරක්ෂාව නොමැතිව | බුද්ධ ශාසන නීතියෙන් තොරව බිහිවෙන ආණ්ඩුවක් වේ නම් එය චෞර රාජ්‍යයෙකි

Tuesday, February 21st, 2023

පාලිත ආරියරත්න මේ සාකච්ඡාව තුල අන්තර්ගත කාරණා වනුයේ; 🔸 බුද්ධ ශාසන නීතිය 🔸 රාජ්‍යත්වයේ උත්තරීතර සංකේතය  🔸 සිංහල ශිෂ්ටාචාරය හා බෞද්ධ සංස්කෘතිය 🔸 ශිෂ්ඨාචාර රාජ්‍යය සහ සමාන්තර ආණ්ඩු 🔸 ජාතික පරමාර්ථය සහ විජාතික අභිලාෂයන් 🔸 අබෞද්ධ අර්බුදයට ඉහළින් ඇති බෞද්ධ විසඳුම 🔸 භෞමික අඛණ්ඩතාවයට පෙර ශිෂ්ටාචාරයේ අඛණ්ඩතාවය  🎙️👤📻👤 සාකච්ඡාව මෙහෙයවීම සිංහල බෞද්ධ ප්‍රතිපත්ති කේන්ද්‍රයේ හා […]

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To Overcome Economic Crisis Sri Lanka Needs ‘Less Democracy’?

Tuesday, February 21st, 2023

By N. S. Venkataraman Courtesy Eurasia Review Sri Lanka’s President Ranil Wickremesinghe has suggested that local government polls in Sri Lanka should be postponed, in view of the economic crisis faced by Sri Lanka. The government has explained the difficulty in mobilising necessary funds to hold elections. The Government Printer, too, informed that it was unable […]

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Disrupt current tax policy and lose IMF, President warns

Tuesday, February 21st, 2023

Courtesy The Morning Claims opportunity to do business with foreign countries may also disappear Says current tax policy is no normal tax policy but a rescue operation The current tax policy in Sri Lanka is not a normal tax policy but a rescue operation, and any disruption to this process will result in Sri Lanka […]

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“IMF ආධාර නොලැබුණොත් ඉන්ධන, පොහොර නැති, පැය 12ක් විදුලිය නැති රටක ජීවත් වීමට සිදුවේවි” – ජනපති

Tuesday, February 21st, 2023

උපුටාගැණීම  මව්බිම රටේ ශක්තිමත් ආර්ථිකයක් ගොඩනැගීමට නිවැරදි සැලැස්මක් තිබිය යුතු බව ත් වත්මන් ආණ්ඩුව ගෙන යන ආර්ථික වැඩපිළිවෙළ නිසා පසුගිය මාස කිහිපය තුළ පැවති ආර්ථික දුෂ්කරතා තරමක් අඩු වී ඇති බව ත් ජනාධිපති රනිල් වික්‍රමසිංහ පවසයි. මේ ආකාරයට බිඳවැටුණු රටකට සහය දීමට ජාත්‍යන්තර මූල්‍ය අරමුදල හැර ලෝකයේ වෙනත් කිසිදු ආයතනයක් නොමැති බව සඳහන් කළ ජනාධිපතිවරයා […]

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Interim Order preventing collecting Personal Income Tax from judges further extended

Tuesday, February 21st, 2023

Courtesy The Daily Mirror The Court of Appeal today further extended its interim order preventing Justice Ministry officials from deducting the Advance Personal Income Tax (APIT) from the monthly salaries of the High Court Judges until February 24. (Lakmal Sooriyagoda)

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Sri Lanka to make $2.6 billion in loan repayments in first half of year

Tuesday, February 21st, 2023

Courtesy Adaderana Sri Lanka is tangled in the worst financial crisis in over seven decades, triggered by a severe shortage of foreign exchange that forced the country to annouce a suspension of foreign debt repayments in April 2022. Sri Lanka’s cabinet has approved loan repayments worth $2.6 billion in the first half of this year, […]

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Petition filed against failure to release funds to hold LG election

Tuesday, February 21st, 2023

Courtesy Adaderana A petition has been filed against the decision taken not to release the funds allocated through the 2023 Budget to the Election Commission for holding the Local Government (LG) election. The fundamental rights petition has been filed with the Supreme Court requesting a verdict that the basic human rights of the public have […]

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Treasury Secy. to secure funds within borrowing limit

Tuesday, February 21st, 2023

Courtesy Adaderana The Cabinet has approved the President’s proposal that the Secretary to the Treasury be given the authority to take all measures required pertaining securing the necessary funds within the set borrowing limit. As per the Appropriation Act No. 43 of 2022, a cap of Rs. 4,979 billion was set as the borrowing limit […]

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President ready to facilitate meeting between IMF, SJB and JVP

Tuesday, February 21st, 2023

Courtesy Adaderana President Ranil Wickremesinghe has stated that he is ready to arrange a meeting with officials of the International Monetary Fund (IMF) and Sri Lanka’s opposition parties including the Samagi Jana Balawegaya (SJB) and Janatha Vimukthi Peramuna (JVP).  Speaking during a meeting held with a group of businessmen, the Head of State also noted […]

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JVP is against 13th Amendment – Handunnetti

Tuesday, February 21st, 2023

Courtesy Adaderana Janatha Vimukthi Peramuna (JVP) MP Sunil Handunnetti has revealed that his party is not in agreement with the 13th Amendment to the Constitution.  Speaking on the 13th Amendment during an interview with Ada Derana, Handunnetti revealed that the National People’s Power (NPP) does not accept the Amendment to any extent, adding that the […]

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Sri Lanka’s great IMF lie

Tuesday, February 21st, 2023

AHILAN KADIRGAMAR AND DEVAKA GUNAWARDENA  Courtesy Himal South Asia Decades of looking to the IMF for salvation has yielded only crises. Sri Lanka’s economic crisis demands urgent relief measures for a desperate citizenry and a new, self-sufficient model of development Sri Lanka has been subject to a great lie: the IMF solution! For close to […]

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Why not tax the informal rich rather than the formal poor?

Monday, February 20th, 2023

By Raj Gonsalkorale While levying an income tax on individual earnings to supplement government revenue is a necessity to meet government expenditure, the issue in question is the perception and/or the reality of its unfairness and the lack of confidence and trust that people have about the way the tax they pay is spent by […]

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US in Sri Lanka – turning Sri Lanka into a Neo-Colonial Military Base

Monday, February 20th, 2023

Shenali D Waduge Ever since a regime change was choreographed in 2015 January, the US has been using its lackeys in government to exert tremendous influence in 3 areas – Sri Lanka‘s economy, Sri Lanka‘s Parliament and Sri Lanka‘s armed forces. Based on media articles, press releases and whatever other information has been made available […]

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‘’TOWARDS A BEST TOURIST DESTINATION ON THE GLOBE’’? A REALIATY?

Monday, February 20th, 2023

Sarath Wijesinghe President’s Counsel, former Ambassador to Israel and UAE, President Ambassador’s Forum(Sarath Wijesinghe President’s Counsel) Aspire to be the best tourist destination Best tourist distinctions on the globe are not very many. Sri Lanka has been one sometime ago as the best destination of the Globe on tourism chosen by ‘’Lonely Planet’ ’and may […]

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Electricity tariff hike can be a great salutary step forward

Monday, February 20th, 2023

By Chandre Dharmawardana Courtesy The Island The title of this article, and some of the material are in what I wrote (The Island, May 6 th, 2013) when the then Rajapaksa government hiked the price of electricity on the May Day of 2013. A decade later, Wickremesinghe’s energy minister Wijesekera has increased the electricity tariffs, refusing […]

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