Colombo, June 19
Looking at China’s attitude to the economic and humanitarian crises in Sri Lanka over the last six months, it is clear that Beijing wants Sri Lanka to meet certain onerous conditions, which it cannot fulfil easily or...
Colombo, June 18: Looking at China’s attitude to the economic and humanitarian crises in Sri Lanka over the last six months, it is clear that Beijing wants Sri Lanka to meet certain onerous conditions, which it cannot fulfil easily...
South Asia, which is a fast-growing area, women continue to be left out of the region’s economic successes. The female labour force participation rate is only 23.6% while it is 80% for males. But strangely enough, in Saudi Arabia,...
China has responded to Sri Lankan President Gotabaya Rajapaksa’s statement to Bloomberg news agency that Sri Lanka couldn’t tap a US$ 1.5 billion credit line from China and has yet to hear on the request to China for a...
The Sri Lankan Prime Minister Ranil Wickremesinghe told parliament on Tuesday, that Sri Lanka has been badly mishandling relations with its tried and trusted friends in the international sphere.
“India, China and Japan are leading the list of countries that...
Personal Income Tax relief to be reduced from 3 million to 1.8 million
VAT increased from 8% to 12%. Many exemptions go
The Sri Lanka Prime Minister and Minister of Finance Ranil Wickremesinghe has announced hikes in taxes to...
The Sri Lankan Prime Minister Ranil Wickremesinghe on Sunday proposed sweeping changes in the country’s governance system in a television address to the nation.
He proposed the re-adoption of the committee system of the 1930s and 40s to run ministries,with...
The crisis in Sri Lanka has two dimensions, economic and political. The grave economic and political problems that are plaguing the country presently, had existed in some form or the other for long, but were continually neglected. The blame...
Colombo, May 26:
The Sri Lankan President Gotabaya Rajapaksa spoke approvingly, even glowingly, about the emergence of youth power in Asia in his address to the 27th International Conference on ‘Future of Asia’ organized by the Japanese publication Nikkei.
Alluding...
Colombo, May 25
(Reuters):
Sri Lanka's new Prime Minister Ranil Wickremesinghe said on Tuesday he will present an interim budget within six weeks, slashing infrastructure projects to re-route funds into a two-year relief programme for the crisis-hit island nation.
Wickremesinghe, who took...
COLOMBO/LONDON,
May 24 (Reuters) -
Sri Lanka has hired heavyweight financial and legal advisers Lazard and Clifford Chance as it prepares for the difficult task of renegotiating its debts, a trio of sources told Reuters on Monday.
The move is the latest...
By P.K.Balachandra
Sri Lankan Prime Minister Ranil Wickremesinghe did sound an extremely grim warning of a food crisis in the island beginning in August and stretching to March 2023. He had also said that it will be aggravated by the...
