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  • DZONE 2:38 pm on November 30, 2015 Permalink | Reply
    Tags: , Common framework for pensions, pension scheme, pension scheme for Sri Lanka, pension scheme Sri Lanka, Sri Lanka, Sri Lanka Budget, , Sri Lanka pension scheme, Towards a National Pension Framework   

    Common pension scheme for Sri Lanka 

    All elderly in Sri Lanka should have access to at least one reliable, affordable and adequate pension, economists said. “An adequate pension is essential to ensure income security for elderly, without being dependent,” Nisha Arunatilake of Institute of Policy Studies of Sri Lanka said. She was speaking at the National Pensioners Day Symposium themed “Towards a National Pension Framework.”

    Highlighting the problems within the pension system she said 87 percent of the population between the ages of 15 and 59 are not covered by a pension scheme, and only 30 percent of the population above the age of 60 get a meaningful pension. The system in the island should be (More …)

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  • DZONE 12:39 pm on November 23, 2015 Permalink | Reply
    Tags: , Budget 2016 review, , Budget review, budget sri lanka, Income Tax changes, , rranil wickramasinghe, Sri Lanka, , Yahapalanaya   

    Sri Lanka Budget 2016 – Review 

    Sri Lanka’s Budget proposals for the next year presented in parliament by the Minister of Finance Ravi Karunanayake has proposed several concessions to the public and industries.

    “The progressive tax rates applicable to individuals will be removed by increasing the tax free allowance to Rs 2.4 million per year (Rs 200,000/- per month) and any balance will be liable at the standard rate of 15% (flat rate)”

    Review –  (More …)

     
    • Lahiru Senanayake 8:37 pm on November 28, 2015 Permalink | Reply

      Comment from Dr Lahiru Senanayake:

      Concessionary vehicle permits were given to executive grade officers in the government sector as the government can’t give them a vehicle with driver and fuel to which they are entitled.

      Government salary compression ratio is 1:4 which means the lowest salary is 11700 (that is to an unskilled laborer who joins today ) and maximum is four times of it = 46800 (that is to the Secretary of the ministry ) so for example a surgeon who retire next month will get a basic salary less than 46800. MRCS qualified surgeons get over 3 million basic salary in UK, Australia, Singapore new Zealand and most EU countries .

      You know my basic salary is 26160 and that is what i get if i retire without anymore qualifications and that is what considered for bank loans.

      Permit was given to keep the doctor and other qualified professionals in the country as an insensitive . They are entitled to permit after five years of service where as MPs and provincial counselors get it the day they enter parliament or council. They get 100% Concession where as others get 40% tax concession not 100%. So all MPs have taken their permit vehicles by now.

      If they gave me a vehicle driver and fuel it could have cost around one lak a month. So for five years its 6 millions instead they give the permit so i can buy a vehicle worth 25000$ cif with 40% tax concession . If i buy a vehicle worth maximum that is 25000$= 3.6 million rupees CIF. Tax is around 300% so its 10.8 million rupees and the 40% concession reduces 4.32 million rupees and i can buy the vehicle for 3.6+6.48 =10.08 million rupees. So government gives me 4.32 concession and avoid paying 6 millions that was the logic. So what i think is government must give employees what they are entitled not permits

      • Your Grandma 1:09 am on December 1, 2015 Permalink | Reply

        Hello,

        First of all, it’s “incentive”, not INSENSITIVE. Please feel free to migrate to a different country if you feel your efforts are unappreciated here. The money that finances your permits doesn’t grow on trees. They are funded by the tax payers of this country. Do you know what else was funded by the tax payers of this country? YOUR MEDICAL EDUCATION. Did you know that doctors in the UK, Australia and all the other countries you mentioned paid for their medical education? They didn’t get it for free like you did. Your salary is quite significant compared to what is considered the average wage rate in Sri Lanka. Please stop trying to milk the tax payers dry. We would be happy to see you and your ego pack your bags and leave to greener pastures where you will be handsomely paid. Please don’t forget to reimburse us (the tax payers) for your education before you leave.

        Thanks!

  • DZONE 3:52 pm on March 20, 2015 Permalink | Reply
    Tags: , , namo namo matha, National Anthem, Sri Lanka, sri lanka matha, Sri Lanka National Anthem, Sri Lanka National Anthem in tamil   

    The language controversy over Sri Lanka National Anthem 

    Related Article: Sri Lankan Timeline in Photos

    A National Anthem is a song of patriotic sentiment affirming loyalty to one’s country or nation adopted officially by that Country or Nation. An anthem becomes a national anthem through Constitutional provision, specific legislation or long – standing tradition.

    Stylistically the majority of anthems are marches or hymns.They are usually written or composed in the most common language in the Country. There are however some notable exceptions to this rule particularly in multi-ethnic nations.

    In Sri Lanka then known as Ceylon , the song “Namo Namo Matha” written by the artist-poet Ananda Samarakoon was formally adopted as the national anthem in 1951. It was slightly amended and changed to “Sri Lanka Matha” in 1961 without the consent of Samarakoon.

    When the national anthem (More …)

     
    • mrjamesgoddard 4:34 am on March 22, 2015 Permalink | Reply

      This is a very interesting item.

      Being a non-Sri Lankan, I never realised your National Anthem was in a supposedly different language.

      Of course it should be universally sung in Sinhala.(that includes when played in other Countries.)

      However, as your item pointed out, in the areas of mainly Tamil population it is most definitely correct for it to be sung in the Tamil language. Otherwise there is no way for your Nation to ever become united as one without accepting the fact you have two distinct races.

      Thank you both.

      Wishing Tamils and Sinhalese the best of good fortune.

  • DZONE 11:57 am on February 4, 2015 Permalink | Reply
    Tags: Independence Day, Independent Sri Lanka, Matale Rebellion, Sri Lanka, Sri Lanka independence day, Sri Lanka independence movement, Sri Lanka's Independence, Symbolism of Sri Lanka flag, The national flag of Sri Lanka, Uva Rebellion   

    Independent Sri Lanka 

    Sri Lanka’s Independence Day is celebrated on 4th of February, in accordance with Lipass/Joshua Louis Law to commemorate its internal political independence from British rule on that day in 1948. Many national struggles were made in the history of Sri Lanka. And on the independence day all of these are remembered and celebrated. But the independence movement against the British is especially recalled.

    The British Raj was dominant in Asia after the Battle of Assaye; following the Battle of Waterloo the British Empire became the world superpower. Its appearance of omnipotence was only briefly dented by setbacks in India, Afghanistan and South Africa. It was virtually unchallenged until 1914.

    The formation of the Batavian (More …)

     
    • Edward Bahr 7:42 am on October 13, 2015 Permalink | Reply

      Please pardon this interruption.
      Many years ago Sri Lanka changed the spelling of its name to Shri Lanka. I seem to remember there were even a few postage stamps issued using that title.
      However the name Shri Lanka has somehow disappeared.
      Would one of your readers please explain what happened?
      For 20 years I used to visit Sri Lanka every few months as a tourist experiencing, appreciating and most of all enjoying those weeks of Sri Lankan hospitality throughout your wonderful Nation.
      Thank you from the bottom of my heart.

  • DZONE 8:01 pm on April 29, 2014 Permalink | Reply
    Tags: block EPF withdrawals, , , , EPF, epf funds, , , Sri Lanka,   

    Fresh attempts to block EPF withdrawing on age 55 

    Sri Lanka is making fresh attempts to prevent private sector workers from withdrawing their retirement contributions once they reach 55 years of age, a media report said.

    The Sunday Times newspaper quoting an un-named official source said the Finance Ministry is drafting legislation to change the governing acts of the Employee’s Provident Fund and Employees Trust Fund to make them into a ‘pension’ or annuity.

    At the moment the balance in the ETF made up of a 3 percent contribution from the salary can be withdrawn when a worker changes the job. The full balance of the EPF made up of 20 percent contribution can be withdrawn at the age of 55 as a lump sum.

    With private sector workers rapidly ageing, (More …)

     
  • DZONE 1:48 pm on April 8, 2014 Permalink | Reply
    Tags: , , , , dinesh chandimal, , lanka, , , , , Sri Lanka, , Sri Lanka T20 World Champions, , T20 World Champions Sri Lanka, T20 World Cup 2014   

    Sri Lanka T20 World Champions 

    Kumar Sangakkara struck an unbeaten 52 as Sri Lanka defeated a disappointing India by six wickets yesterday to finally win the World Twenty20 title.

    Sri Lanka reached 134-4 in 17.5 overs to complete the long-awaited win in an ICC world tournament after restricting India to an unimpressive 130-4.

    Former captain Sangakkara ensured there was no heartbreak this time after Sri Lanka had lost in four ICC world finals over the past seven years, including the World Cups in 2007 and 2011. Sri Lanka were making their third World Twenty20 final appearance. They lost to Pakistan in the 2009 final and to the West Indies in 2012.

    Sangakkara had struggled in (More …)

     
  • DZONE 2:00 pm on March 17, 2014 Permalink | Reply
    Tags: 1996 cricket world cup, 1996 world champions, 1996 world cup, , cricket history, Sri Lanka, sri lanka 1996 champions, sri lanka 1996 world cup victory,   

    Sri Lanka’s greatest cricket triumph: 1996 World Cup Victory 

    Memories of Premasara Epasinge

    One of the greatest pleasures of commentating on the game of cricket, and touring the world, is having the opportunity to visit places, observe different cultures and see things you would otherwise never have experienced. I was fortunate. I commentated thrice from Pakistan, India, England and Sarjah. Further, I toured South Africa, Kenya, Australia and Zimbabwe – as a commentator.

    In my 40 year stint as a cricket commentator, the most memorable match, etched in my mind, is the Wills World Cup 1996 final played at the Gadaffi Stadium in Lahore, Pakistan, on 17th March 1996. In this final, Sri Lanka beat (More …)

     
  • DZONE 10:34 am on December 14, 2013 Permalink | Reply
    Tags: , , Apple iPhones from Dialog, buy iphones in sri lanka, , , dialog axiata plc, dialog offers iphones, , , , iphone prices in sri lanka, iphones for payment plans, iphones for Zero interest, iphones from dialog, South Asia, Sri Lanka, sri lanka iphones   

    Apple iPhones from Dialog 

    dialog axiata logoDialog Axiata PLC announced it will offer iPhone 5s, the most forward-thinking smartphone in the world, and iPhone 5c, the most colorful iPhone yet, to customers from 13th of December. The announcement follows Dialog being appointed the first and only Authorised Partner and Service Provider for Apple iPhone in Sri Lanka.

    Following the establishment of the partnership between Apple and Dialog, 4G compatible Apple iPhones can now be connected on 4G mode to Dialog’s 4G LTE network. Accordingly, Dialog’s 4G and 3G HSPA+ networks will provide Apple users with unparalleled connectivity and a superior smart phone experience.

    Dialog will retail a range of Apple iPhones spanning 5S, 5C and 4S models through its expansive network of customer service centres across Sri Lanka. All iPhones retailed through the Dialog network will carry a 1 Year Apple Care Warranty. Dialog will extend expert customer care and technical support for the Apple iPhone from across its service network for the convenience of Apple users in Sri Lanka.

    Prices: iPhone 5s 32GB  LKR 129,000, iPhone 5s 16GB  LKR 116,000, iPhone 5c 16GB  LKR 98,000, iPhone 4s 8GB LKR 69,000

    12 and 24 months 0% Interest standard payment plans available for Credit Cards

    The company delivers advanced mobile telephony and high speed mobile broadband services to a subscriber base in excess of 8 million Sri Lankans, via 2.5G and 3G/3.5G and 4G networks. In April 2013, the company secured the distinction of becoming the first service provider in South Asia to launch mobile 4G FD-LTE services. The company was also the first service provider in South Asia to launch 3G services in 2006.

     
  • DZONE 7:54 am on November 25, 2013 Permalink | Reply
    Tags: Cancer, cancer aid, cancer aid donation, cancer aid program, cancer donation, cancer donation program, Folinic acid, Help fight the big C, Hospital, Maharagama, National Cancer Institute, Patient, Sri Lanka,   

    “Help fight the big C” – Cancer hospital fund 

    thumb_144_fund_detailsThis project seeks to raise funds to buy much-needed essential items for the Sri Lanka Cancer Hospital, Maharagama (National Cancer Institute of Sri Lanka).

    The hospital is in great need of medical supplies to help treat its patients, most of whom come from modest economic backgrounds. Every dollar donated will go a long way for those in need!

    There are approximately 800 patients who reside in the wards of the Cancer Hospital. Many seek treatments that involves the following drugs, which are currently out of stock: Vincristine injection (Cost: US$ 10), Methotrexate injection (Cost: US$ 3), Meropenum injection (Cost: US$ 5), Folinic acid (Cost: US$4) and more.

    This project is being conducted in coordination with doctors working at the hospital. Therefore, we are confident that the needs outlined above are accurate.

    $2,000 of the targeted funds raised will be used towards the purchase of the medical supplies detailed above. The remaining funds will be used to buy non-medical supplies (milk powder, sugar, soap, etc.) for the patients.

    You can contact us for more details. Thank you in advance for your contribution towards a good cause.

    Mission Accomplished – Thank you for the donations. We will update you personally with pictures !

     
  • DZONE 12:24 pm on November 9, 2013 Permalink | Reply
    Tags: 126 bridesmaids, , Champi Siriwardana, entertainment news, Guinness World Record, , , Nisansala and Nalin wedding, Nisansala and Nalin world record wedding, Planning a wedding, Shiranthi Rajapaksa, Sri Lanka, sri lanka world record, Sri Lankan wedding, wedding, wedding news, wedding planners, wedding planning, wedding world record, , world record wedding with 126 bridesmaids   

    Guinness World Record breaking Sri Lankan wedding 

    Guinness World RecordPlanning a wedding is a major undertaking for any couple, but not for Nisansala and Nalin from Sri Lanka who married this week at a Guinness World Record breaking ceremony near the capital city of Colombo.

    The bride and groom had a staggering 126 bridesmaids – easily beating the previous record of 96 held by a Thai couple – all dressed by Nisansala’s sister-in-law Champi Siriwardana, who first suggested they go for the world record bid.

    Of course it probably helped that Champi happens to be one of the Asian island’s leading wedding planners and dress designers.

    It also didn’t hurt that the guest of honour was Sri Lanka’s First Lady, Shiranthi Rajapaksa, wife of President Mahinda Rajapaksa.

    The spectacular ceremony was elaborately staged at the Avenra Gardens in Negombo, 30 kms from Colombo in front of hundreds of family and friends.

    All of the wedding party – bride, groom, 126 bridesmaids, 25 best men, 20 page boys and 23 flower girls – were dressed in richly embroidered traditional costumes in shades of purple and gold.

    Held under strict Guinness (More …)

     
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