BIMSTEC FREE TRADE ZONE WILL INCREASE TRADE – BIMSTEC SECRETARY GENERAL
The Secretary General of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation, or BIMSTEC, Indra Mani Pandey, says that discussions are underway to initiate a free trade zone within the BIMSTEC area in order to increase intra-regional trading among its member states.
Joining our current affairs program, At HydePark on Ada Derana 24 with Indeewari Amuwatte, the Secretary General said that the framework is in place for the zone, and if it initiated, private sector investments will see an increase within the BIMSTEC region.
Also discussing the collaboration and the benefit of BIMSTEC, Secretary General Pandey said that a technology transfer facility is slated to be opened in Colombo going forward, enabling member states to have access to technology and tech based research among its members.
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SRI LANKA MUST PRODUCE FILMS APPEALING TO INTERNATIONAL AUDIENCE
Chandran Rutnam, an iconic veteran filmmaker and producer in Sri Lanka, is of the view that Sri Lankan filmmakers must focus on producing films that appeal to an international audience to generate foreign revenue for the country, which means exploring alternative methods of revenue generation during the crisis recovery period.
Joining our current Affairs Program At HydePark on Ada Derana 24 with Indeewari Amuwatte, Chandran Ratnam highlights that, Sri Lanka must promote and invest in iconic locations used in international movie productions, such as in the critically acclaimed Hollywood movie "The Bridge on the River Kwaii".
Revealing his plans to promote Sri Lanka as the Film Capital of Asia, Rutnam claims that several Indian filmmakers and movie producers have shown keen interest in shooting movies in Sri Lanka.
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FILM INDUSTRY CAN BE A TOP REVENUE GENERATOR - CHANDRAN RUTNAM
Veteran filmmaker and producer Chandran Rutnam claims that the country's film industry can be a top revenue generator for the forex starved Sri Lankan economy. He made these comments while drawing attention to the fact that worldwide, the film industry is among the top five revenue generators worldwide.
Joining At HydePark on Ada Derana 24 with Indeewari Amuwatte Rutnam highlighted that, Sri Lanka must promote and invest in iconic locations featured in international movie productions, such as in the critically acclaimed Hollywood movie "The Bridge on the River Kwaii".
Revealing his plans to promote Sri Lanka as the ‘Film Capital of Asia’, Rutnam claims that several Indian filmmakers and movie producers have shown keen interest in making movies in Sri Lanka.
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THAI FREE TRADE AGREEMENT UNLOCKED BIGGER MARKET FOR SRI LANKA - DR. DAYARATNE SILVA
Former ambassador to the World Trade Organization Dr. Dayaratne Silva says that under the Free Trade Agreement signed between Thailand and Sri Lanka, no tariff concessions have been given to Sri Lanka's apparel products and some coconut products.
Joining me earlier on our Current Affairs Program 'At Hyde Park', Dr Silva said that Sri Lanka has tapped into a bigger market as Thailand's economy is much more integrated with the International Economy.
Also sharing insights on the deterioration of Sri Lankan exports, Dr. Silva said that, in stark contrast to most globally well-integrated economies, Sri Lanka is following more inward-looking trade policies, which prevents the country from creating businesses that can compete internationally.
He further added that Sri Lanka's gradually recovering economy must bring in more export-oriented tariff regimes to optimize the benefits of the signed trade agreements.
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JAPAN OBSERVING SRI LANKA'S DEBT RESTRUCTURING -JAPANESE AMBASSADOR
Japanese Ambassador to Sri Lanka Mizukoshi Hideaki says that Japan is currently observing the progress of Sri Lanka's debt restructuring efforts.
The Ambassador also noted that Sri Lanka's challenge at the moment is implementing the legislation passed in the interest of reforming the country's economy.
Speaking to Indeewari Amuwatte on our current affairs programme At HydePark on Ada Derana 24, the ambassador revealed that Japanese investors too are cautiously observing Sri Lanka's progress in order to make their investment decisions.
Reminiscing Sri Lanka's commitment to support a free and independent Japan at the San Francisco Conference subsequent to the Second world war, Ambassador Hideaki claims that Japan similarly supports the development of a free and independent Sri Lanka amidst rising regional geopolitical tensions.
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HALTED PROJECTS TO BE TACKLED FIRST - JAPANESE AMBASSADOR TO SRI LANKA MIZUKOSHI HIDEAKI
Japanese Ambassador to Sri Lanka Mizukoshi Hideaki confirmed that Japan would firstly address development projects which were abruptly halted mid-term and complete these projects following the successful completion of the debt restructuring programme.
Speaking to Indeewari Amuwatte on our current affairs programme At HydePark on Ada Derana 24, the Ambassador went on to state that the Japanese Finance Minister Suzuki Shunichi who previously visited Sri Lanka on the 11th this month, was impressed by the progress Sri Lanka has made by implementing the newly introduced reforms.
Ambassador Hideaki further added that the Japanese Finance Minister paid tribute to Sri Lanka's achievements in line with the agreement reached with the International Monetary Fund.
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JAPANESE AMBASSADOR TO SRI LANKA MIZUKOSHI HIDEAKI WITH INDEEWARI AMUWATTE ‘AT HYDEPARK’
JAPANESE AMBASSADOR TO SRI LANKA MIZUKOSHI HIDEAKI WITH INDEEWARI AMUWATTE ‘AT HYDEPARK’
Japanese Ambassador to Sri Lanka Mizukoshi Hideaki in conversation with Indeewari Amuwatte ‘At HydePark’ tonight at 7 PM on Ada Derana 24.
Repeat Telecasts: Thursday 11.30 PM and Monday 1 PM
JAPANESE AMBASSADOR TO SRI LANKA MIZUKOSHI HIDEAKI WITH INDEEWARI AMUWATTE ‘AT HYDEPARK’
Japanese Ambassador to Sri Lanka Mizukoshi Hideaki in conversation with Indeewari Amuwatte ‘At HydePark’ this Thursday at 7 PM on Ada Derana 24.
Repeat Telecasts: Thursday 11.30 PM and Monday 1 PM
DESERVING PEOPLE SHOULD RECEIVE THE SOCIAL WELFARE BENEFIT - PETER BREUER
IMF's Senior Mission Chief for Sri Lanka Peter Breuer stressed the importance of the government's attention to ensure, that allocations done under the social safety program will be properly dispensed to vulnerable people in the country that struggle with financial difficulties.
Joining an exclusive interview ON 'At HydePark' with Indeewari Amuwatte, Breuer commenting on the Social Welfare program currently implemented in the country, said that the IMF is aware of the issues in the system, but assured that local authorities are currently taking measures to address them.
IMF Resident Representative in Sri Lanka Dr. Sarwat Jahan who also joined the program says that the poverty level of the country has doubled due to the financial unrest and it is important that the reforms continue to create more job opportunities for the people in the coming future.
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'At HydePark with Indeewari Amuwatte' airs this Friday at 4.30 PM on Ada Derana 24
IMF SENIOR MISSION CHIEF PETER BREUER AND IMF RESIDENT REPRESENTATIVE IN SRI LANKA DR. SARWAT JAHAN WITH INDEEWARI AMUWATTE 'AT HYDEPARK' ON ADA DERANA 24
Exclusive interview with Senior Mission Chief of the International Monetary Fund Peter Breuer & IMF Resident Representative Dr. Sarwat Jahan
'At HydePark with Indeewari Amuwatte' airs this Friday at 4.30 PM on Ada Derana 24
🔴Repeat telecasts:
Friday 10 PM,
Sunday 4.30 PM and Monday 1 PM
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BE WARY OF UNAUTHORIZED TAX CONSULTANTS - SENIOR DEPUTY COMMISSIONER OF IRD NIHAL WIJEWARDANA
The Inland Revenue Department urges the general public to follow the guidelines issued by the department and to use services of authorized tax consultants and auditors, if such services are necessary, to avoid the misuse of confidential information.
Joining our program At HydePark on Ada Derana 24 With Indeewari Amuwatte, Senior Deputy Commissioner of the Inland Revenue Department Nihal Wijewardana reveals that several official channels have been opened up for the general public to answer any concerns and ease the process of obtaining the TIN certificate
Meanwhile, also joining the program, Deputy Commissioner General of the inland revenue department Saman Shantha outlines that the country's top tax collecting authority is in the process of implementing a centralised system to collect information pertaining to personal income by linking up with other departments and institutions within the country.
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SRI LANKAN CITIZENS DOMICILED OVERSEAS DON'T NEED TO REGISTER FOR TIN
Sri Lanka Inland Revenue Department Officials stressed that Sri Lankans residing abroad do not have to register with the IRD to obtain a Tax Identification Number which is mandatory for all those above 18 years of Age.
Joining 'At Hydepark With Indeewari Amuwatte' on Ada Derana 24 today, Senior Deputy Commissioner of the Inland Revenue Department Nihal Wijewardana said that, Non Resident's who do not have an income that exceeds the threshold of 1.2 million rupees per year, do not have to open a TIN file as it it not a prerequisite of the gazette.
Meanwhile, also present at the program was the Partner and head of the tax division at Ernst and Young, Sulaiman Nishtar who, commenting on the employer's responsibility of paying income tax on behalf of Employees in the instance transactions have not been made, said that employers will be held responsible for the unpaid income tax.
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SRI LANKAN CITIZENS DOMICILED OVERSEAS DON'T NEED TO REGISTER FOR TIN
Sri Lanka Inland Revenue Department Officials stressed that Sri Lankans residing abroad do not have to register with the IRD to obtain a Tax Identification Number which is mandatory for all those above 18 years of Age.
Joining 'At Hydepark With Indeewari Amuwatte' on Ada Derana 24 today, Senior Deputy Commissioner of the Inland Revenue Department Nihal Wijewardana said that, Non Resident's who do not have an income that exceeds the threshold of 1.2 million rupees per year, do not have to open a TIN file as it it not a prerequisite of the gazette.
Meanwhile, also present at the program was the Partner and head of the tax division at Ernst and Young, Sulaiman Nishtar who, commenting on the employer's responsibility of paying income tax on behalf of Employees in the instance transactions have not been made, said that employers will be held responsible for the unpaid income tax.
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THE WORLD MUST ADDRESS THE RISING MENTAL HEALTH CRISIS
Global Ambassador for Peace, Gurudev Sri Sri Ravi Shankar says that, people should not immerse themselves in merely performing rituals and worshipping a deity but should look beyond that and seek life's deeper philosophy behind it.
Joining a special edition of At HydePark on Ada Derana 24 with Indeewari Amuwatte in Bangalore India, Gurudev Sri Sri Ravi Shankar, said that one of the major challenges the world is facing is the rise in mental illnesses that must be addressed.
Further commenting on the highly ritual and worship based religious beliefs that are widely practised, he claims that all religions are derived from a single philosophy pointing at humanity and mental sanity.
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LTTE DID NOT ACCOMMODATE PEACE – AUSTIN FERNANDO
Veteran Public Servant Austin Fernando says that, the Ceasefire agreement signed between the Sri Lankan government and the Liberation Tamil Tigers of Eelam in 2002, was an extension of an agreement between Former President Chandrika Bandaranaike Kumaratunga and LTTE leader Velupillai Prabhakaran in 1995.
Joining At Hydepark on Ada Derana 24 with Indeewari Amuwatte, Former Secretary to the President, Austin Fernando says, amid the accumulation of local and International pressure the LTTE also agreed to the ceasefire, although the terrorist organization was clearly not accommodative of the peace process.
Reminiscing an incident which could have had catastrophic implications for Sri Lanka, Austin Fernando recalled a conversation that he had with the Navy, when Karuna Amman, the then Second in Command of the LTTE, was caught by the navy while he was violating the ceasefire agreement.
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DON’T LOSE GOODWILL FOR SHORT TERM GAINS - GURUDEV SRI SRI RAVI SHANKAR
Global Ambassador for Peace, Gurudev Sri Sri Ravi Shankar says that, it is important for the leaders to not lose long term goodwill for short term gain.
Joining a special edition of 'at Hydepark' on Ada Derana 24 with Indeewari Amuwatte in Bangalore India, Gurudev Sri Sri Ravi Shankar, reminiscing his contributions to bring peace during the dark chapters of Sri Lanka's Civil war, says that leaders must first have peace which is a preamble for hope throughout the world.
Further expressing his views on the matter Gurudev highlights that all leaders in all fields, transcending politics, must have a broader vision which can only come with clarity.
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GLOBAL AMBASSADOR FOR PEACE GURUDEV SRI SRI RAVI SHANKAR WITH INDEEWARI AMUWATTE 'AT HYDEPARK'
At Hydepark with Indeewari Amuwatte travels to Bangalore in India, for an intimate interview with globally revered humanitarian, spiritual leader and Ambassador of Peace Gurudev Sri Sri Ravi Shankar.
Catch the interview on the 1st of January 2024 at 1 PM on Ada Derana 24
Encore:
- Thursday, January 4th at 7 PM & 11.30 PM
- Monday, January 8th at 1 PM
POLITICAL & ADMINISTRATORS' ACTIONS LED TO SRI LANKA'S CIVIL WAR
Former secretary to the president Austin Fernando says, that former governments, administrators and politicians should take some of the responsibility for the country's civil war.
Joining At HydePark on Ada Derana 24 with Indeewari Amuwatte on Ada Derana 24, former secretary to the President, Austin Fernando says, actions of politicians representing the minorities in Sri Lanka escalated the situation in the country which was already affected due to the passing of Sinhala Only act and the 1983 black July.
He further Emphasized that, public administrators who were in positions of power, should have done more to prevent some of the darkest episodes of Sri Lanka's history.
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NEED TO SUPPORT LOWER INCOME EARNERS- DR. NANDALAL WEERASINGHE
Among the most affected by Sri Lanka's economic crisis were the employees of the country's Small to Medium scale enterprises who saw their disposable incomes deteriorate while being pushed into unemployment. As we move into 2024, Central Bank Governor Dr. Governor Dr. Nandalal Weerasinghe is of the view that the Government should do more to support the lower income earners so affected through the country's many development projects.
Speaking to Indeewari Amuwatte during our current affairs program "at Hydepark" on Ada Derana 24, The Central Bank chief further claimed that the tax net has to be broadened to encompass all who can afford to pay.
To this extent Dr. Nandalal suggests that there should not be tax exemptions to any industrial sector while implementing strong institutional reforms for tax collecting authorities to ensure that revenue targets are hit.
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SRI LANKA SHOULD SIMPLIFY THE INVESTMENT PROCESS
The Sri Lankan Ambassador for Science, Technology and Innovation, Dr. Bandula Wijay said that due to the complexity of the current investment policy in the country, many possible investors are not willing to come into the technology and ICT industries.
Joining At HydePark on Ada Derana 24 With Indeewari Amuwatte , Dr. Wijay further stated that a substantial investment both foreign and local can be expected if the government streamlines and simplifies the process.
As the country is emerging from the Economic Crisis, Dr. Wijay stressed that the investment process is a key area the government should focus on.
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