Archive for October 19th, 2023

Pathikada: IMF’s Taxes explained by Vijitha Herath

Thursday, October 19th, 2023

Dilrook Kannangara Sri Lankan people are also parasites to an extent.  Sri Lankans pay Ethiopian level of very low taxes (9% of the economy) but expect a Swedish level of welfare (they pay 32% of the economy as taxes)!

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Indian IIT

Thursday, October 19th, 2023

Sugath Kulatunga It is good news that the President is keen on establishing a branch of an Indian IIT in Kandy. It appears that Prime Minister Modi has agreed to support the Chennai IIT to launch the project. It is never too late, but the President should not consider that one IIT is the panacea […]

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ව්‍යවස්ථාවත් සමග සෙල්ලම් කළහොත් ලෙල්ලම් වෙයි

Thursday, October 19th, 2023

මතුගම සෙනෙවිරුවන්           උසාවියක විනිශ්චය ආසනය ඉදිරියට පමුණුවන චූදිතයෙකුට චෝදනාවන් ඉදිරිපත් කල විට ඔහු එය නොදැන සිටීම නිදහසට කරුණක් නොවේ යන්න සාමාන්‍ය පිළිගැනුමයි.වරදක් කල පසු දැන හෝ නොදැනීම යන්න උසාවියට වැදගත් නොවේ. ඒ නිසාම වින්දිතයන් විසින් තමන් වෙනුවෙන් කතා කිරීමට නීතිඥයන් ඉදිරිපත් කරති. අදාල චෝදනාවෙන් නිදහස් කර ගැනීමට අවශ්‍ය නීතිය ගැන ඔවුහු විනිශ්චය කාරවරයා ඉදිරියේ […]

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Passenger Files Rs 10 Cr Lawsuit Against Vistara for ‘Pain, Humiliation, Endangerment’ Faced by Mother, Sister

Thursday, October 19th, 2023

Courtesy News18 A passenger filed a Rs 10 crore lawsuit against Vistara for the pain, humiliation and endangerment” faced by his ailing mother and sister. The man, identified as Mudhit Gupta, alleged that he had requested wheelchairs for his ailing mother and sister, but the airline did not provide this assistance and later, in a […]

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A cry for Gaza, and for our loss of humanity

Thursday, October 19th, 2023

by Amal de Chickera Courtesy The Island War in Gaza At the very centre of the catastrophe, are the people of Gaza themselves, caged in, bombed out, starved, parched, killed. Palestinians in the West Bank and East Jerusalem, the Palestinian diaspora, Israeli allies who are anti-occupation, anti-authoritarianism and pro-peace, citizens of the world with a […]

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Defusing Mid-East blood-letting calls for impartial stance

Thursday, October 19th, 2023

Courtesy The Island Suffering Palestinians in the present Gaza violence The current, harrowing blood-letting in the Middle-East could be regarded as an acid test of the fair-mindedness and impartiality of not only the immediate parties and stakeholders to the conflict but also those of the entirety of the international community. In fact, the perpetuation of […]

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Sri Lanka reaches IMF staff-level agreement on first review

Thursday, October 19th, 2023

Courtesy Adaderana The International Monetary Fund (IMF) team Sri Lankan authorities have reached a staff-level agreement on economic policies to conclude the first review of the 48-month EFF-supported program. Accordingly, Sri Lanka will have access to SDR 254 million (about US$330 million) in financing once the review is approved by IMF Management and IMF Executive […]

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President Ranil meets China’s Vice PM; highlights Sri Lanka’s aspiration for FTA

Thursday, October 19th, 2023

Courtesy Adaderana Chinese Vice Premier Ding Xuexiang expressed profound gratitude for Sri Lanka’s enduring support through the historic Rubber-Rice Agreement with the People’s Republic of China. He emphasized that the Chinese people will always remember this gesture of goodwill and assured that China remains committed to extending its supportive hand to Sri Lanka. The bilateral […]

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Sri Lanka’s biggest lesson from economic crisis was fiscal discipline – Ali Sabry

Thursday, October 19th, 2023

Courtesy Adaderana Sri Lanka’s Minister of Foreign Affairs Ali Sabry has emphasised the need for Sri Lanka to make the ‘right calls’ concerning important investment decisions, one year after Sri Lanka saw its worst, most unprecedented crisis. On the lessons learned during the economic crisis and political turmoil the nation faced over an year ago, […]

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Framework agreement signed for $1.56 bn Phase 2 development of Colombo Port City

Thursday, October 19th, 2023

Courtesy Adaderana Key players in the development of Colombo Port City have finalized a groundbreaking USD 1.565 billion deal in Beijing, advancing phase two development of the Colombo Port City, encompassing the Marina Project, Marina Hotel, and Colombo International Financial Centre (CIFC) Project. Accordingly, the corporation framework agreement was signed by Port City Economic Commission, […]

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Chinese Finance Minister assures extensive commitment to enhance Sri Lanka’s credit optimization

Thursday, October 19th, 2023

Courtesy Adaderana The Chinese Finance Minister, Mr. Liu Kun, has reaffirmed China’s commitment to extend comprehensive support for the implementation of a medium-term and long-term program that is mutually beneficial to both parties and aimed at optimizing Sri Lanka’s debt. The Chinese Finance Minister conveyed this commitment during bilateral discussions held this morning (19) in […]

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