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UNICEF supports Ministry of Health to accelerate supplementary measles immunization activity in Sri Lanka

First phase of the supplementary vaccination drive to kickstart on January 6, via over 1600 clinics across 9 districts UNICEF, together with WHO, will support the Ministry of Health in implementing a supplementary measles immunization activity (SIA) in Sri Lanka aimed at controlling the ongoing measles outbreak, midst over 700 measles cases reported in the…

(0)Comments | January 5, 2024 11:48 am

Understanding Informal Remittances During a Crisis: Experience from Sri Lanka

Introduction Remittances carry vast economic implications for recipient countries at both macro and micro levels. The choice to send remittances through formal channels such as banks, registered money transfer operators, and online platforms, as opposed to informal avenues like Hawala/Undiyal operators or family networks, plays a pivotal role in achieving positive outcomes for migrants, their…

(0)Comments | January 5, 2024 9:50 am

Can EVs be a win-win for Sri Lanka’s transportation industry?

By Prof. Anura Wijayapala A common unfortunate experience shared by Sri Lankans is being exposed to clouds of unpleasant emissions from internal combustion engine (ICE) vehicles. This is a growing challenge, especially considering Sri Lanka’s ageing vehicle fleets. Accordingly, 70% of Sri Lanka’s total air pollution is attributed to the transport sector. According to statistics…

(0)Comments | January 5, 2024 6:18 am

International book sector urges Sri Lankan Government to reconsider 18% VAT on imported books

The European and International Booksellers Federation (EIBF) and the International Publishers Association (IPA) have expressed their concern about the imposition of an 18% tariff on books imported into Sri Lanka. In letters to both the Sri Lankan government and the International Monetary Fund, the international organisations express their belief that the policy may contravene Sri…

(0)Comments | January 4, 2024 3:41 pm

Sri Lanka’s China ‘debt trap’ fears grow as Beijing keeps investing

New $4.5 bn Sinopec deal comes amid debt restructuring, BRI lending shift HONG KONG — Surging investment from China, including a multibillion dollar oil project late last year, is leaving a giant question mark over Sri Lanka even as it tries to restructure towering debt and recover from its worst economic crisis as an independent…

(0)Comments | January 4, 2024 3:00 pm

Minister Nalin Fernando assures 75% Reduction in Cost of Living Burden by End of First Quarter 2024

Trade, Commerce and Food Security Minister Nalin Fernando pledges a significant reduction of 75% in the cost of living burden on the people by the end of the first quarter this year. He attributes this positive outlook to the initiation of 2024 with a positive economic growth rate. Minister Fernando expressed his commitment to enhancing…

(0)Comments | January 4, 2024 2:15 pm

Changes to be made in the legal process to make tax collection more efficient discussed under chairmanship of Minister of Justice

The total tax revenue due on 30.06.2023 is 943 billion rupees Even the taxpayers who have been identified as having to pay taxes have not paid taxes Under existing laws, tax can be evaded for 15 years Urgent steps to amend existing laws A special meeting was recently held in the Parliament under the chairmanship…

(0)Comments | January 4, 2024 2:13 pm

SLASSCOM CEO Breakfast Unveils Green Digital Economy & E-signature Revolution

The Sri Lanka Association for Software and Service Companies (SLASSCOM) recently hosted a CEO Breakfast Series, focusing on the imperative theme of Green Digital Economy and the endorsement of E-signatures to propel Sri Lanka towards a sustainable future. In alignment with Sri Lanka’s vision to be recognized as the world’s first Green IT/BPM destination, SLASSCOM…

(0)Comments | January 4, 2024 1:23 pm

Winds & Rains inevitable but Opportunities in 2024! – By Prof. Samitha Hettige

The Value Added Tax (VAT) imposed to prevent social conflicts in the long run is creating conflicts at the lower levels of the society. Attempts to block the increasing of state revenue (especially in a welfare state) may indicate many intentions. While the silent majority is struggling to adjust for a ‘Collective Sacrifice’ few seems…

(0)Comments | January 4, 2024 10:53 am

‘GALLE CONCERTO 2024’: 6 Vibrant Festivals In Art, Food, Literature, and Music Call for Extended Stays on SL’s South Coast

During the South Coast peak season of January through March of 2024, the ‘Galle Concerto’ series gives impetus to a symphony of heritage and contemporary festivals in art, food, literature, and music. Leading Lankan and international culture makers will be headlining the events – speaking, presenting and creating on topics pertinent and inspiring to Sri…

(0)Comments | January 4, 2024 9:09 am

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