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Media industry hard-hit by economic crisis, parliamentary sub-committee told

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The local media industry has been hit hard by the prevailing economic crisis as money spent on advertising decreased by around 70 percent while production costs were on an incessant rise, journalists and media organization representatives informed the National Council Sub Committee on Economic Stabilization of Parliament.

This sub-committee met on Thursday at the Committee Room I in the parliamentary complex. Due to the power cuts during prime time telecasts, the number of commercials received by TV stations has decreased and in the current economy, they have to bear high costs for the production of programmes, journalists pointed out to the committee headed by SJB MP Patali Champika Ranawaka.

Journalists representing newspapers pointed out that due to the increase in production costs including the shortage of paper, there has been a major setback in the publishing industry including newspapers. They also pointed out that because of this situation, the pages of the newspapers had to be limited and the prices increased.

They further pointed out that due to the reduction of newspaper pages, there is no space for the news sent by provincial journalists and they have not even been able to make payments for published material.It was also revealed that it is difficult to even pay salaries to the permanent staff of some newspaper organizations. They also pointed out that in this situation newspaper printing has decreased by 60%-70%.

Thus, newspaper journalists pointed out that the circulation of newspapers among the people has been greatly reduced due to economic issues, non-publication of local news, etc.In addition to the economic crisis, it was also revealed that the newspapers and radio have to face a major challenge due to the current digital media trends including social media.

It was further expressed that the government should make a joint effort to reach one goal by all media organizations to prepare the people to face the current crisis. Attention was drawn here to the need to act in the same way that the media acted in times like the tsunami disaster, defeating terrorism and overcoming the covid crisis.

Paying attention to all these comments and suggestions, the committee chairman said that based on these facts, he is expected to include proposals related to the media sector in the next report and submit them to the National Council.Journalists representing mainstream media organizations such as television, radio and newspapers as well as web media and social media were invited to this meeting.



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Landslide Early Warnings issued to the districts of Colombo, Galle, Gampaha, Hambanthota, Kalutara, Kandy, Kegalle, Kurunegala, Matara, Nuwara Eliya and Ratnapura

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The National Building Research Institute has issued landslide early warnings to the districts of Colombo, Galle, Gampaha, Hambanthota, Kalutara, Kandy, Kegalle, Kurunegala, Matara, Nuwara Eliya and Ratnapura from 16:00 hrs on 25.09.2026 To 16:00 hrs on 26.09.2026

Accordingly,
LEVEL III [RED] landslide early warnings have been issued to the Divisional Secretaries Divisions and surrounding areas of Neluwa, Nagoda, Niyagama and Thawalama inthe Galle district, Ganga Ihala Korale, Udapalatha, Doluwa and Pasbage Korale in the Kandy district, and  Kothmale West, Ambagamuwa, Kotmale East and Norwood in the Nuwara Eliya district.

LEVEL II [AMBER] landslide early warnings have been issued to the Divisional Secretaries Divisions and surrounding areas of Elpitiya, Baddegama and Karandeniya in the Galle district, Walallawita in the Kalutara district, Deltota, Udunuwara, Gangawata Korale, Yatinuwara and Panvila in the Kandy district, Aranayake, Dehiowita, Mawanella, Deraniyagala and Yatiyanthota in the Kegalle district, Thalawakelle in the Nuwara Eliya district and Ratnapura and  Pelmadulla in the Ratnapura district.

LEVEL I [YELLOW] landslide early warnings have been issued to the Divisional Secretaries Divisions and surrounding areas of Seethawaka and Padukka in the Colombo district, Attanagalla and Mirigama in the Gampaha district, Katuwana and Walasmulla in the Hambanthota district, Ingiriya and Bulathsinhala in the Kalutara district, Hatharaliyadda, Poojapitiya, Medadumbara, Kundasale, Ududumbara, Thumpane, Akurana, Pathadumbara, Harispattuwa and Pathahewaheta in the Kandy district, Warakapola, Bulathkohupitiya, Galigamuwa, Kegalle and Ruwanwella in the Kegalle district, Mallawapitiya, Alawwa, Polgahawela and Mawathagama  in the Kegalle district, Pitabeddara,  Kotapola and  Pasgoda  in the Matara district, Nuwara Eliya in the Nuwara Eliya district and Elapatha, Ayagama, Nivithigala, Kuruwita and Kalawana in the Ratnapura district

 

 

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22A, Judicature Amendment Bills passed with 2/3 majority

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Parliament yesterday passed the Twenty-Second Amendment to the Constitution Bill and the Judicature (Amendment) Bill with two-thirds majorities, with 158 MPs voting in favour and 63 against each Bill.

The Illankai Tamil Arasu Kadchi (ITAK) and Sri Lanka Muslim Congress (SLMC) voted with the SJB against the Bills.

NDF MPs Ravi Karunanayake and Faizer Musthapha and SJB Badulla District MP Nayana Wasalathilaka were not present when the votes were taken.

The final vote on the Judicature (Amendment) Bill was announced at around 8.08 p.m. after Opposition MPs called for divisions on its clauses during the Committee Stage.

The votes followed a two-day debate which commenced on Thursday (24), after Justice and National Integration Minister Harshana Nanayakkara presented the Bills for their Second Reading.

The Supreme Court’s determination on the Bills was presented to Parliament on Tuesday (22) by Speaker Dr Jagath Wickramaratne. The Court determined that the 22nd Amendment Bill did not require approval at a referendum and could be passed by a special two-thirds majority in Parliament.

The amendment provides for raising the mandatory retirement age of Supreme Court judges from 65 to 67 and that of Court of Appeal judges from 63 to 65. It also provides for the Chief Justice to retire at 67 or after completing six years in office, whichever comes earlier.

The Speaker informed Parliament that the Judicature (Amendment) Bill could be passed by a simple majority.

The SJB opposed the legislation and its MPs attended Parliament dressed in black yesterday. The party also staged a protest at Polduwa Junction, Battaramulla, under the theme “No to 22, which destroys democracy”, with Opposition Leader Sajith Premadasa and several SJB politicians participating.

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TIN mandatory for key transactions from Nov. 1

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A valid Taxpayer Identification Number (TIN) Certificate will be required for a range of key transactions in Sri Lanka from November 1, 2026, the Inland Revenue Department (IRD) has announced.

The requirement, introduced under the Inland Revenue (Amendment) Act, No. 11 of 2026, applies to transactions specified under Section 102(3) of the Inland Revenue Act.

Accordingly, individuals will be required to produce a valid TIN Certificate when opening an account at a bank or financial institution, obtaining approval for a building plan, registering or renewing the licence of a motor vehicle, registering land or title to land, registering a business, transferring shares in a company incorporated in Sri Lanka or obtaining a credit card.

In the case of share transfers, both the transferor and transferee will be required to provide TIN certificates.

The IRD said officials handling such transactions had been instructed to ensure that a valid TIN Certificate was submitted before processing or completing the relevant transaction.

The Department advised those who do not already have a TIN to obtain one in advance through its e-Services platform.

It said a printout of the TIN verification result showing the applicant’s National Identity Card number and TIN could also be accepted instead of the certificate.The IRD also reiterated that obtaining a TIN is mandatory for resident individuals aged 18 and above under the applicable provisions.

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