Sri Lanka

Fuel Tax Revenue Hits Record High, Surpassing 140 Billion Rupees

Fuel Tax Revenue Hits Record High, Surpassing 140 Billion Rupees

Fuel Tax Revenue Hits Record High, Surpassing 140 Billion Rupees

By The Morning Telegraph December 8, 2024

Sri Lanka has seen a remarkable increase in revenue from excise duty on petroleum, with a 137.4%...

CEB Christmas Bonus Deadline Approaching: Last 48 Hours to Act

CEB Christmas Bonus Deadline Approaching: Last 48 Hours to Act

CEB Christmas Bonus Deadline Approaching: Last 48 Hours to Act

By The Morning Telegraph December 8, 2024

The Lanka Electricity Board (CEB) is facing a critical deadline, with just 48 hours remaining for the...

Rice Price Hike Sparks Concern Over Consumer Impact and Market Regulation

Rice Price Hike Sparks Concern Over Consumer Impact and Market Regulation

Rice Price Hike Sparks Concern Over Consumer Impact and Market Regulation

By The Morning Telegraph December 8, 2024

The All Ceylon Small and Medium Scale Mill Owners Association has raised concerns over the recent decision...

Sri Lanka Faces Crucial IMF Deadline: Budget Alignment Key to Securing Loan Installments

Sri Lanka Faces Crucial IMF Deadline: Budget Alignment Key to Securing Loan Installments

Sri Lanka Faces Crucial IMF Deadline: Budget Alignment Key to Securing Loan Installments

By The Morning Telegraph December 8, 2024

Sri Lanka is facing a critical deadline to secure the next installment of its $3 billion Extended...

Sports Minister Must Help Wipe Out ‘Rogue’ NOCSL Officials

Sports Minister Must Help Wipe Out 'Rogue' NOCSL Officials

Sports Minister Must Help Wipe Out ‘Rogue’ NOCSL Officials

By The Morning Telegraph December 7, 2024

The newly appointed Minister of Sports, Sunil Kumara Gamage, faces an urgent and critical challenge in addressing...

Coconut Chaos: Sri Lankans Dash Hopes Instead of Coconuts

Coconut Chaos: Sri Lankans Dash Hopes Instead of Coconuts

Coconut Chaos: Sri Lankans Dash Hopes Instead of Coconuts

By The Morning Telegraph December 7, 2024

The skyrocketing price of coconuts in Sri Lanka has created ripples across various facets of life, even...

Sri Lanka to Finalize Parate Law Decision and Launch SME Relief Package by December 15

Sri Lanka to Finalize Parate Law Decision and Launch SME Relief Package by December 15

Sri Lanka to Finalize Parate Law Decision and Launch SME Relief Package by December 15

By The Morning Telegraph December 7, 2024

Sri Lanka is preparing to introduce a new relief package aimed at supporting small and medium enterprises...

US to Support SL’s Anti-Corruption Efforts and Economic Recovery

US Assistant Secretary of State for South and Central Asian Affairs, Donald Lu, has pledged full support for Sri Lanka’s ongoing anti-corruption initiatives and its efforts to recover funds that have been illicitly taken out of the country. Lu stated that the United States is ready to offer both financial and technical assistance to help the Sri Lankan government in these endeavors. During a meeting with President Anura Kumara Dissanayake at the Presidential Secretariat on December 7, 2024, Lu expressed the US government’s readiness to provide continued support to strengthen Sri Lanka’s economy and security. He underscored the importance of cooperation between the two nations, particularly in regard to combating corruption and restoring financial integrity. The US government has also praised the Sri Lankan government's efforts to prioritize key political, economic, and social issues, acknowledging the strategic reforms being implemented under the new administration. Lu’s remarks reflected the US commitment to working closely with Sri Lanka on its anti-corruption agenda. President Dissanayake, speaking at the meeting, emphasized that political culture plays a critical role in corruption and waste, and he outlined ongoing efforts to shift the country's political culture toward transparency and accountability. He mentioned that the government is working to reduce corruption by fostering a new political culture and improving public service efficiency through the adoption of modern technology. Additionally, the President highlighted initiatives aimed at enhancing the living standards of rural communities by boosting the rural economy and ensuring better access to quality public services. The meeting also featured key figures from both sides, including Minister of Labor and Deputy Minister of Economic Development, Professor Anil Jayantha Fernando, Secretary to the President Dr. Nandika Sanath Kumanayake, and US Ambassador to Sri Lanka Julie Chang. Representatives from USAID and the US Treasury Department, including Deputy Assistant Administrator Anjali Kaur and Deputy Assistant Secretary Robert Kaproth, were also present. These officials discussed potential avenues for further collaboration to support Sri Lanka’s development and recovery efforts.

US to Support SL’s Anti-Corruption Efforts and Economic Recovery

By The Morning Telegraph December 7, 2024

US Assistant Secretary of State for South and Central Asian Affairs, Donald Lu, has pledged full support...

Eight Liquor Companies’ Licenses Suspended for Tax Default Eight Liquor Companies' Licenses Suspended for Tax Default

Eight Liquor Companies' Licenses Suspended for Tax Default

Eight Liquor Companies’ Licenses Suspended for Tax Default

By The Morning Telegraph December 7, 2024

The Sri Lankan government has suspended the manufacturing licenses of eight liquor companies that have failed to...

Scrutiny of Speaker Ashoka Ranwala’s Academic Credentials Raises Concerns

Scrutiny of Speaker Ashoka Ranwala's Academic Credentials Raises Concerns

Scrutiny of Speaker Ashoka Ranwala’s Academic Credentials Raises Concerns

By The Morning Telegraph December 7, 2024

Dr. Ashoka Sapumal Ranwala, the Speaker of the Parliament of Sri Lanka, currently holds the third most...