President Appoints Vadivel Suresh as Senior Advisor for Hill Country Tamil Integration

In a significant move aimed at fostering the integration of Hill Country Tamils into Sri Lankan society, President Ranil Wickremesinghe has appointed Member of Parliament Vadivel Suresh as a Senior Advisor with immediate effect. Suresh’s pivotal role will centre around overseeing the comprehensive integration of Hill Country Tamils, particularly focusing on the districts of Badulla, […]

Civil Society Urges Immediate Governance Reforms

The people will hardly benefit from the aid and assistance Sri Lanka receives as long as corruption persists, Transparency International Sri Lanka (TISL) Executive Director, Nadishani Perera said.  She was addressing a discussion at the Sri Lanka Foundation Institute in Colombo last week, focusing on the recommendations detailed in ‘The Civil Society Governance Diagnostic Report […]

President Wickremesinghe meets Chinese President Xi Jinping

President Xi Jinping of the People’s Republic of China stated that China is committed to assisting Sri Lanka in achieving economic stability without any political agenda. He expressed his desire to collaborate closely with President Ranil Wickremesinghe. Furthermore, President Xi Jinping acknowledged that Sri Lanka’s speech at the United Nations General Assembly, delivered by President […]

‘s debt optimization

The Chinese Finance Minister, 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 Beijing with President […]

Harsha proposes tax reforms to relieve burden on middle class and professionals

MP Harsha de Silva’s Tax Reform Proposal: Simplify PAYE tax structure and introduce surcharge.Surprising Revenue Figures: PAYE collection surpasses expectations, while PIT falls short.Inequality in Tax Burden: Current system disproportionately impacts middle-class professionals.MP’s Evidence-Based Approach: Proposed reforms aim to balance government revenue and reduce the tax burden.Combatting Tax Fraud: Efforts to address LKR 60 billion […]

Economic Commission to replace BOI; new law to transform Port City into Colombo Financial Zone: President

President Ranil Wickremesinghe, in his address at the 2023 Commercial Mediation Symposium at Colombo’s Hilton Hotel, emphasized the need for a cultural shift towards efficient dispute resolution in Sri Lanka. He acknowledged the long-standing reliance on trial courts and stressed the importance of embracing alternate dispute resolution methods. Highlighting the government’s commitment, he mentioned the […]

Civil Society Governance Diagnostic Report presents 34 governance benchmark recommendations

The Civil Society Governance Diagnostic Report on the Anti-Corruption Landscape of Sri Lanka introduces a comprehensive set of governance reform recommendations designed to address the root causes to the current crisis in the nation. This report, the result of an in-depth study, identifies and prioritises key aspects in governance that require systematic attention from both […]

Tax to 30-pct on EPF is unjust as members end up paying more than corporate sector: Eran W

Eran Wclramaratne stressed that chapter 27 of the Constitution, envisages that the directive principles policy shall guide parliament, President and the Cabinet of Ministers in the enactment of laws and the governance of Sri Lanka to establish a just society. But the government’s Domestic Debt Optimisation programme highlights the government’s discriminatory principles and that the […]

Page 6 of 221