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Sat, 25 May 2024 Today's Paper
16 Nov 2021 - 0 - 532
Budget 2022 appears to be more of a stop-gap budget rather than one that sets out a framework on how revenues will continue to be mobilised and deficit financing requirements met over time.
16 Nov 2021 - 0 - 346
The Information and Communication Technology Agency (ICTA) of Sri Lanka in collaboration with UNCTAD (United Nations Conference on Trade and Development) launched a Policy Paper on the Digital Economy of Sri Lanka at a virtual event held recently.
15 Nov 2021 - 0 - 302
Budget 2022 has signalled policy continuity in terms of maintaining mainstream corporate tax rates and investment incentives continuing from end-2019, according to the Ceylon Chamber of Commerce (CCC).
15 Nov 2021 - 0 - 205
The highly awaited annual budget seminar, organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), will be held today featuring top government officials and business leaders, who will share their insights and observations on the government’s budget for next year.
15 Nov 2021 - 0 - 254
SLASSCOM yesterday welcomed the proposals put forward with regard to the IT-BPM industry by the Finance Minister in his National Budget 2022 speech.
15 Nov 2021 - 0 - 267
The incumbent government set out the path for reviving the post-COVID-19 economy in its 2022 national budget this week.
12 Nov 2021 - 0 - 332
Sri Lanka’s social protection and food insecurity amidst COVID-19 came into focus at the third and final session of a webinar series held recently to mark the release of the ‘Sri Lanka: State of Economy 2021’ report, the annual flagship publication of the Institute of Policy Studies of Sri Lanka (IPS).
12 Nov 2021 - 0 - 326
The government promises a non-traditional budget this weekend, as the nation awaits the details of a fiscal policy programme it hopes will spell the way out of the current economic crisis. Alongside impetus to drive production, entrepreneurship and investments, the government must give serious consideration to laying a foundation for revenue growth, which is critical to map sustainable long-term solution for the country’s economic woes.
11 Nov 2021 - 0 - 596
Successive governments have run fiscal deficits. Inadequate revenue collection and unrestrained government expenditure have worsened the country’s fiscal position.
11 Nov 2021 - 0 - 215
Labour Minister Nimal Siripala de Silva is proposing a private sector pension scheme and an insurance scheme to cover employees who lose employment according to mawbima.lk.
09 Nov 2021 - 0 - 358
The Institute of Policy Studies (IPS) ahead of the Budget 2022 presentation has forwarded the following proposals too to the Finance Ministry for consideration.
08 Nov 2021 - 0 - 375
Ahead of the presentation of the national budget for 2022, the Institute of Policy Studies of Sri Lanka (IPS) outlines some policy areas of concern and puts forward proposals to be considered for inclusion in the forthcoming budget:
08 Nov 2021 - 0 - 231
“Sri Lankan children make a dangerous climb for online school,” read the headline of a recent article carried by Al Jazeera.
05 Nov 2021 - 0 - 438
For much of its post-independence period Sri Lanka has been characterised by twin deficits: fiscal deficits and deficits in the external current account. What this implies is the country spends more than it earns and consumes more than it produces.
05 Nov 2021 - 0 - 218
As we all know, climate change (CC) is fuelling heat waves, flooding, drought, cyclones, etc. and these extreme weather patterns are costing globally US $ 320 billion a year. The main issue confronting the agriculture productivity is stemming from the fact that we have not been able to adopt mitigating strategies to arrest the adverse effects of CC.
29 Oct 2021 - 0 - 479
Global economic developments have impacted Sri Lanka’s external sector performance and the economy overall.
29 Oct 2021 - 0 - 250
In Sri Lanka, small business is a very big deal. The numbers tell the story. The Census and Statistics Department, in its decennial Economic Census of 2013/14, found that over 99 percent of all business establishments are micro, small and medium enterprises (MSMEs).
29 Oct 2021 - 0 - 744
The energy industry globally operates with fluctuating prices that determine the final price of LPG across markets. Globally, the LPG prices have been shifting with the demand and currency discrepancies, causing costs to soar and markets to tumble, as one of the world’s most efficient and low-cost energy sources goes through turbulent times.
27 Oct 2021 - 0 - 266
The recent European Union (EU) monitoring mission visit to Sri Lanka on the Generalised Scheme of Preferences (GSP) Plus trade concessions scheme, has ignited much speculation locally, on the potential costs of losing GSP+ to the EU.
27 Oct 2021 - 0 - 289
The CMA Sri Lanka COVID-19 SME Development Committee has formulated the ‘Made in Sri Lanka’ project to obtain the government support in budget 2022.
21 Oct 2021 - 0 - 378
The new Securities and Exchange Commission Act No. 19 of 2021 (‘the Act’) has been certified by the Speaker on 21st September 2021 and has thus become law. It repeals and replaces the Securities and Exchange Commission Act No. 36 of 1987.
18 Oct 2021 - 0 - 282
One consignment of potassium chloride fertiliser arrived on September 14, presumably to be applied for the paddy sector. The potassium chloride is not an organic material. However, the input materials approved for organic farming need not only be organic.
18 Oct 2021 - 0 - 269
In his novel published in 1891, tiled ‘The Light that Failed’, Rudyard Kipling wrote the phrase ‘biting the bullet’ to express the thought that fortitude can be gained by ‘biting a bullet’! As things are, should the President and government continue ‘biting the bullet’ or compromise in sincerity as discretion is the better part of valour.
18 Oct 2021 - 0 - 339
Sri Lanka’s macro-economic outlook amidst the COVID-19 pandemic came under the spotlight at a webinar panel discussion held on October 11, to mark the release of the IPS’ flagship report ‘Sri Lanka: State of the Economy 2021’.
13 Oct 2021 - 0 - 334
Since the first announcement in June 2020, expectations have been high on the potential of the Eravur Fabric Processing Park to catalyse a new era for Sri Lankan textile and apparel manufacture.
13 Oct 2021 - 0 - 2086
Pharmaceuticals have been manufactured by the private sector in Sri Lanka for well over half a century, with pioneers such as Dumex (now Astron Limited), GSK, Gamma and J.L. Morison Son & Jones, now known as Morison Ltd. Since then, the industry has taken a winding path, facing challenges and chalking up victories.
08 Oct 2021 - 0 - 1009
Rice is the dietary staple and the major domestic crop cultivated in Sri Lanka since ancient times. Therefore, the production and availability of rice are closely tied to food security as well as political stability in the country.
08 Oct 2021 - 0 - 383
The answer to our current fertiliser and pesticide predicament is in a remarkable statement made five centuries ago by the father of the science of pharmacology,
07 Oct 2021 - 0 - 1490
Sri Lanka is a humid tropical country with two main monsoon seasons endowed with well-distributed year-round rainfall. Tea is the only major perennial commercial economic crop grown widely in all three elevations and rainfall zones and in 14 districts under varying temperature, rainfall, elevation, topography and terrain.
07 Oct 2021 - 0 - 298
DIMO has introduced Veera, a hybrid silage maize seed variety, to the Sri Lankan market through its subsidiary Plantseeds, with an aim to uplift the local dairy industry.
23 May 2024