C.A.Chandraprema Courtesy The Island November 11, 2017, 8:04 pm The third yahapalana budget was presented in parliament and there does not seem to be anything positive that can be said about it. It was the AFP Correspondent in this country who pointed out at the press briefing held afterwards by the Minister of Finance that the […]

lanka C news 2018 අයවැය පාරිභෝගිකයා ගොනාට ඇන්දවූ අයවැයක් බව පාරිභෝගික අයිතීන් සුරැකීමේ ජාතික ව්‍යාපාරය පවසයි. මේ බව සදහන් කරමින් එම සංවිධානය විසින් නිකුත් කර ඇති නිවේදනය මෙසේය. 2018 අයවැය පාරිභෝගිකයා ගොනාට ඇන්දවූ අයවැයක්. 2018 නොවැම්බර් 09 දින මුදල් අමාත්‍යවරයා විසින් පාර්ලිමේන්තුවට ඉදිරිපත් කරන ලද අයවැය තනිකරම පාරිභෝගිකයා ගොනාට ඇන්ද වූ අයවැයක් ලෙස නම් කල […]

By Dr. DAYAN JAYATILLEKA Mangala Samaraweera clearly reveals that the guiding philosophy of his Budget and indeed of the government’s economic policy is manifestly not that of President Sirisena but rather that of Prime Minister Wickremesinghe when he says “Mr. Speaker…In line with Vision 2025…” Mr. Samaraweera’s budget is filled with lies, half-truths, dangerous ideas […]

Reuters  COLOMBO, Nov 9 (Reuters) – Sri Lankan shares closed lower on Thursday before the presentation of the national budget, where the South Asian island nation imposed new taxes on motor vehicles, telecoms, banks and liquor in a bid to boost revenues. The budget deficit for the current year slipped to 5.2 percent of gross […]

Editorial Courtesy The Island October 24, 2017, 12:00 pm Recalling the yahapalana leaders’ much-touted, pre-election claim that they had the backing of some rich, powerful members of the international community, JVP leader Anura Kumara Dissanayake has asked where those friends are today. He has said the government is now left without anyone to turn to for […]

UkrAgroConsult Sri Lanka has launched an open international tender to import a fresh tranche of rice– a first call in recent times to be issued to suppliers worldwide. We are making every effort to ensure that there will be no shortages for our consumers,” said Industry and Commerce Minister Rishad Bathiudeen. Under the directions of […]

Shehan Chamika Silva Courtesy The Daily Mirror According to the personal computation of retired Deputy Governor, W.A. Wijeywardena, who testified at the Presidential Commission today, the government’s long term loss for the next thirty years would be Rs.10 billion due to the failure of not meeting the appropriate terms in the process of issuing Treasury Bonds which took […]

කතු වැකිය උපුටා ගැන්ම දිවයින රටක ආර්ථිකයේ කොඳුනාරටිය වන්නේ මූල්‍ය වෙළෙඳපොළයි. නමුත් ශ්‍රී ලංකාවේ මූල්‍ය වෙළෙඳපොළ කෙතරම් දූෂණය වී ඇත්ද යන්න තේරුම් ගැනීමට පසුගියදා විභාගයට ගැනුණු බැඳුම්කර කොමිසමේ සාක්‍ෂි පමණක්‌ කියෑවීම හොඳටම ප්‍රමාණවත්ය. මේ මූල්‍ය වෙළෙඳපොළ තුළ රටේ ආණ්‌ඩු ලාභ ලැබීම කෙසේ වෙතත් ජාමෙ බේරාගත් ඉතිහාසයක්‌ අප දැක නැත. සිදු වූ එකම දෙය ආණ්‌ඩු පත්කිරීමට […]

ජයේ ඉහළ තැන්වල සිටින බලධාරීන් මහ බැංකුව ශුද්ධ කළා වගේ විදේශ බැංකු කොල්ල කනවා අනුර බාලසූරිය උපුටා ගැන්ම දිවයින ලංකාවේ දැවැන්තම රාජ්‍ය ණය අර්බුදයක්‌ හටගත්තේ 2001, 2002, 2003 හා 2004 වර්ෂවලදී කියා එවකට අගමැතිවරයා වශයෙන් රනිල් වික්‍රමසිංහ මහතා රට හමුවේ, ජාතිය අමතා ප්‍රකාශයක්‌ කළේ ද නැද්ද? කියා පුළුවන්නම් ප්‍රකාශයක්‌ කරන ලෙසට තමා අගමැතිවරයාට අභියෝග කරන බව […]

By Kelum Bandara Courtesy The Daily Mirror Will continue to engage Mahasanga on constitution making Parliamentary practices and the Constitution are abused by the Government JO awaits gazette note to make political announcements Will win a majority of councils JO is opposed to the report by the Steering Committee JO’s views were disregarded Govt.’s foreign policy […]

BY MARCUS BARTLEY  Courtesy   Blogs World Bank Two years ago, we started counting how many Sri Lankan agencies were involved in trade facilitation processes such as issuing permits and managing the movement of goods in and out of the country.  We counted at least 22 agencies in this assessment, and today, the Department of Commerce estimates that […]

Lahiru Pothmulla Courtesy The Daily Mirror The joint opposition said today it would inform the World Bank (WB), the International Monetary Fund (IMF) and the Asian Development Bank (ADB) next week about funds amounting to Rs.792 billion remaining unused from the 2016 Budgetary allocations. JO MP Bandula Gunawardena said Rs.3,898 billion was allocated through the 2016 […]

BY TATIANA NENOVA Courtesy worldbank Sri Lanka experienced strong growth at the end of its 26-year conflict. This was to be expected as post-war reconstruction tends to bring new hope and energy to a country. And Sri Lanka has done well—5 percent growth is nothing to scoff at. A view of the business district in Colombo. […]

Courtesy Ceylon Today The Glyphosate weedicide ban and the government’s failure to introduce an alternative weedicide has cost at least 20 per cent of tea production annually. In addition, a lack of an alternative weedicide has also led to tea planters using other weedicides, which are unauthorized by the country’s export partners, risking export restrictions […]

Yohan Perera Courtesy The Daily Mirror Parliamentary Committee on Public Enterprises (COPE) yesterday cautioned the government on large scale losses it could suffer if it failed to inform the relevant companies to stop the manufacture of the four A350 aircraft if the deal to lease them was to be cancelled. COPE Chairman Sunil Handunetti told Parliament […]

DR. JANAKA RATNASIRI Nawala September 21, 2017, 9:58 pm The recent correspondence on the above appearing in the Sunday Island of 17th and 10th of September prompted me to pen this piece. The recollection of the past emphasizing its negative aspects is fine, lest people forget this era of events which the younger generation is […]

BY IDAH Z. PSWARAYI-RIDDIHOUGH  Courtesy The World Bank Many Sri Lankans understand the potential benefits of lowering trade costs and making their country more competitive in the global economy. The majority, however, fear increased competition, the unfair advantage of the private sector from abroad and limited skills and innovation to compete. Yet, Sri Lanka’s aspirations cannot be […]

By Dr. Nalaka Godahewa Courtesy Ceylon Today “Sir, after all those contributions to the nation, how could you lose the election?” a very emotional senior citizen asked the former President Mahinda Rajapaksa at a public event in Kurunegala just a few days ago. Rajapaksa gave an interesting answer to the senior citizen, “After the war, we […]

by Padraig Colman Courtesy Ceylon Today Sri Lankans have grown cynical about the number of public commissions and inquiries which have failed to shed any light or improve anything. Perhaps Sri Lankan politicians have learned from their former colonial masters that a good way to defuse a controversy is to set up an inquiry to delay […]

with Ravi Ladduwahetty Courtesy Ceylon Today Indeed, Russia and the U.S. were allies during the two tragic conflicts of the two World Wars, which allows us to think there’s something objectively bringing us together in difficult times, and I think – I believe – it has to do with geopolitical interests and also has a moral […]

By Nalliah Thayabharan In 1600, the East India Company was granted the Charter to trade with India. It started sending bands of sea pirates in ships masked as merchants”. These sea pirates began landing on the shores of India and started setting up armed forts at various places such as Chennai. The Rothschild family had […]

Written by: Agnes Chambre The UK has turned down countries wishing to strike free trade deals after Brexit because the Government does not have the capacity to negotiate them, the International Trade Secretary has said. Liam Fox said that instead, the Government is preparing to duplicate deals which already exist until they can be updated […]

– උපුටා ගැනීම – newsfirst.lk  Special Report: මධ්‍යම අධිවේගී මාර්ගයේ ටෙන්ඩරයෙන් ඇත්තටම රටට මුදල් ඉතිරි වුණා ද? බැඳුම්කර වංචාව ගැන අප 2015 මාර්තු 08 වැනිදා අප මුල්වරට හෙළි කිරීමෙන් පසුව අගමැතිවරයා එය ආරක්ෂා කරමින් පාර්ලිමේන්තුවේ කළ ප්‍රකාශය ඔබට මතක ද? අප පෙන්වා දුන්නේ සංවේදී අභ්‍යන්තර තොරතුරු ලබාගෙන බැඳුම්කර වෙන්දේසියේදී අක්‍රමිකතාවක් සිදුකර රජයට බිලියන ගණනක පාඩුවක් […]

Editorial Courtesy The Island September 8, 2017, 10:09 pm Several yahapalana ministers lamented during a parliamentary debate on the draconian tax reforms on Thursday that the government revenue was falling rapidly and its expenditure rising steeply. Tax laws had to be amended to increase the government revenue, they argued. Ironically, they said so, one day after […]

By Ajith Alahakoon and Kushan Subasinghe Courtesy The Island Prime Minister Ranil Wickremesinghe told Parliament yesterday that both the World Bank and the Asian Development Bank had informed the country that they would not provide any more grants after 2019. Making a special ministerial statement, the Prime Minister said since the two leading bodies had expressed […]

By Saman Indrajith Courtesy The Island JVP MP Sunil Handunnettii told Parliament yesterday that the Inland Revenue Bill has been designed to collect tax from each and every living citizen. Handunetti said the bill was so harmful to the people that the government should include the amendments submitted by the Opposition mitigate the adverse impact. He […]

COLOMBO, Aug 31 (Reuters) – Sri Lanka will cut government expenditure to stick to its 2017 budget deficit target of 4.6 percent of gross domestic product (GDP) and compensate for a fall in revenue, the top bureaucrat in the finance ministry said on Thursday. We will re-arrange and cut some expenditure to meet the deficit […]

By Kelum Bandara Courtesy The Daily Mirror Joint Opposition MP Bandula Gunawardane, in an interview with Daily Mirror, spoke about the current economic situation in the country. The following are excerpts of the interview.      Under China’s Belt and Road Initiative, Hambantota Port is the proverbial goose laying golden eggs MP Ravi Karunanayake held responsible […]

By Rasika Hemamali Courtesy Ceylon Today The Head of the Department of Political Science at the University of Sri Jayewardenepura, Prof. Terrance Purasinghe says the government has not delivered on its election promises. “The new Constitution is being drafted at a snail’s pace. Those reforms have not been implemented. The people wanted the Executive Presidential System […]

By Thilini Kahandawaarachchi Courtesy Ceylon Today During the last decade, China has heavily invested in ports across the world spanning from Africa to Australia. In South Asia, they built the Gwadar Port in Pakistan and the Hambantota Port in Sri Lanka. Despite being a staggering US$1.12 billion investment, tripartite agreement between Sri Lanka Ports Authority, China […]