FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



Latest topics

» UNHCR එකේ ලොකූ ටෝක දැම්මට සමහර ඔස්තාර් ලා කියන ආර්තික සම්භාදක අරවා මේවා මුකුත් එන්නේ නැ
by stockchaser Today at 2:42 am

» පෙබරවාරි මාසේ කොළඹ කොටස් වලට මොකක්ද වුනේ - බැසුවාද ? බැස්සාද ?
by xhunter Today at 2:20 am

» GLAS will be winner with Super Gain.
by Eranga87 Today at 2:00 am

» If you are one of those people who can sleep at night while someone else is in control of your destiny, then my advice would be to only invest in stocks
by Asoka Samarakone Yesterday at 9:58 pm

» DFCC will be receiving Rs.594,538,285.50
by SANJAYANM Yesterday at 9:56 pm

» NATIONS TRUST BANK PLC (NTB.N0000)
by chathura123 Yesterday at 8:52 pm

» Price prediction on GRAN and TAFL
by Bakkabwoi Yesterday at 6:22 pm

» SEMB SEMB
by stockchaser Yesterday at 2:57 pm

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by Vishwanarth Yesterday at 2:54 pm

» Bullish sentiment returns with market regulator's assurance
by Vishwanarth Yesterday at 2:52 pm

» BROWNS INVESTMENTS PLC (BIL.N0000)
by Vishwanarth Yesterday at 1:49 pm

» SOFTLOGIC HOLDINGS PLC (SHL.N0000)
by suku502 Yesterday at 1:32 pm

» DIPD/HAYC/HAYL
by Wickyz Yesterday at 1:19 pm

» Chart 25.02.2021
by stockback Yesterday at 12:41 pm

» is it a good time to sell expo shares
by Kipling Yesterday at 8:39 am

» Current 2021 Februray Unit Trust/Unit Fund Per Annum percentages
by agentnrox Yesterday at 8:13 am

» Leading brokers causing market downturn
by Mithooshan Yesterday at 7:40 am

» Must watch this video - unnecessary panic
by Jana Yesterday at 1:03 am

» LOLC HOLDINGS PLC (LOLC.N0000)
by learningthemarket Yesterday at 12:03 am

» Daily Foreign Transactions
by Mr. X Wed Feb 24, 2021 11:28 pm

EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Plans ahead to impose toll on vehicles,levy on joggers and walkers

Plans ahead to impose toll on vehicles,levy on joggers and walkers

Go down  Message [Page 1 of 1]

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
The government is preparing plans for a toll on vehicles entering Colombo and intends to enforce it from next year, officials said, adding that the proposed toll would be included in next year’s budget proposals.

Another proposal receiving consideration is to impose a levy on joggers and walkers using specially built areas in the capital. According to the road tax proposal, special ticket counters are will be set up at vehicle entering points of Galle Road, Kandy Road and Negombo Road. Motorists are expected to retain the ticket until they leave city limits.

This proposal was aimed at increasing the revenue of Colombo Municipal Council and other relevant local government authorities, officials revealed.

Over 41,000 light vehicles enter Colombo City on week days causing heavy traffic congestion, police said. The proposal to levy a fee on hundreds of people using walking tracks and bicycle paths on a daily basis is aimed at recovering the money spent for the development of public open spaces in Colombo and suburban areas and its maintenance, the officials said.

This proposal was discussed at a top level meting recently with the modalities and practicability of such a system as well as bottlenecks in implementation also being discussed.

A survey carried out by the Urban Development Authority (UDA) reveals that, the development of such spaces near Independence Square, Water’s Edge, the Japan Sri Lanka Friendship Road in Colombo, and the Nawala Wetland Park near Nugegoda are very popular at present.

Similar walking tracks are to be built in the Gampaha district with many more such tracks planned in all the metropolitan areas that are being developed by the UDA.
http://sundaytimes.lk/news/news/37834-plans-ahead-to-impose-toll-on-vehicleslevy-on-joggers-and-walkers.html

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
So now we'll have to pay for the walks to get the benefit? Now free walk is gonna over.. Jeez... who get these kinda ideas????
Many parliamentarians could own private gims to do exercises and no need to even walk Wink But the common man cant.

Govt does the development and ask the public to pay for it.. Seriously if so, we didnt ask for passages for the public to do joggin and exercises rite? Jus lay the good roads and public will anyways pay for the development..

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
I think this can be considered as a good proposal at lest middle class
mind set has to be changed to pay  the services obtained

WE can,t expect every thing free from the govt

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
Really?  This is how Govn is going to take care of its people?

Enga badhdha , and Balu badhdha    like in British times will be next and maybe  even better , how about a tax for Air that we   breath (they can say   they  provide fresh Air , otherwise is poluted)  ?

ps :  One thing,  I understand a need to charge a fee for a specially developed areas  if they are giving lot of facilities to users. But are they ? Is this another way of trying to  burden people more.

Vehicle entry tax to Colombo ? How about a tax staying over in Colombo and eating Colombo cooked food along with breathing the lovely Air?



Last edited by slstock on Mon Sep 23, 2013 11:44 am; edited 1 time in total

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
You are correct under present circumstances

We can't agree giving car permit and other facilities unnecessarily to

Politicians and others and introduce levy on Joggers

But I do not agree with FREE RIDER concept

Hawk Eye

Hawk Eye
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Soon the government will charge levy on air for breathing.

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
Did you see my comment ?


@Hawk Eye wrote:Soon the government will charge levy on air for breathing.

Hawk Eye

Hawk Eye
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@slstock wrote:Did you see my comment ?


@Hawk Eye wrote:Soon the government will charge levy on air for breathing.
Hay, sorry I didnt note that. You have already mentioned it

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
More interestingly seems that more than 1 person is thinking that this could happen.

Why is that? It is due to the fact that they are making it so apparent that burdening the public more and more is the set trend ?


Hope someone higher start realizing that even patient people will get pissed off if they are continuously harrased/burdened.

Usually I am not political, but whoever does things like this ... needs to wake up.









@Hawk Eye wrote:
@slstock wrote:Did you see my comment ?


@Hawk Eye wrote:Soon the government will charge levy on air for breathing.
Hay, sorry I didnt note that. You have already mentioned it  

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Levy on joggers.
No I doubt this will happen. Who runs CMC?

Toll on (private) vehicles entering Colombo is a good move. This should only focus during the week. Not during weekend.
Should give exceptions for lift sharing people. Not too sure how they gonna implement it without the resources.

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
If they want to reduce congestion in Colombo, they should start within Colombo itself (there are things they can do like improving public transporation) then worry about outsiders.


@UKboy wrote:

Toll on (private) vehicles entering Colombo is a good move. This should only focus during the week. Not during weekend.
Should give exceptions for lift sharing people. Not too sure how they gonna implement it without the resources.

kas

kas
Manager - Equity Analytics
Manager - Equity Analytics
Guys,

Toll on vehicles is good, but prior to that the government  should ensure there is a good public transportation in the  Colombo city, cities like Kuala Lampoor have effective public transportation like the metro train system.

Sometimes back they tried to implement an office transportation bus service but was a total failure.

One more thing these new papers try to create unnecessary issues regularly Once I remember there was a big noise saying "Short Dresses will not be allowed in Colombo City and people will not be allowed to spit after eating beetle leafs". So we need to be open minded.

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
A Point.

@kas wrote:

One more thing these new papers try to create unnecessary issues regularly Once I remember there was a big noise saying "Short Dresses will not be allowed in Colombo City and people will not be allowed to spit after eating beetle leafs". So we need to be open minded.

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Whats the purpose of tolling

Is it to reduce congestion ?
Is it to reduce foreign outflow by way reducing consumption of petrol & diesel
Or Else just another way to tax the people, so that they can get more money into CMC.

When you are tolling, you need to give alternate routes like in Dubai, people to come use.But we do not have such routes to use in colombo.
Provide workers to work from home ......
Provide good public transport services by way of Buses,Trains.
Provide concessions to School & Office van services.

These officials will try and suck from the middle income earners,whilst ministry vehicles will have all the perks and passes.

They will say no toll on government vehicles and state workers,
Teachers,Doctors,Nurses etc will be excluded.

why dont they start taxing on monthly from people using monteros,bmws,rangerovers,lamboghinis,hummers,mercedes and high powered vehicles because of their diesel consumption is very high compared to mileage of 4-5 km/litre.

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics
tolls for vehicles should implement with the development. but Levy on joggers should not , because we should encourage exercising for healthy people.

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@cseguide wrote:tolls for vehicles should implement with the development. but Levy on joggers should not , because we should encourage exercising for healthy people.
This government wants to tax on walk,eat,spit,sleep,work and shit.

so wait for the asiriya ....coming very soon.....

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@D.G.Dayaratne wrote:I think this can be considered as a good proposal at lest middle class
mind set has to be changed to pay  the services obtained

WE can,t expect every thing free from the govt
why middle class....every government tax high the middle class if you look at % to the income.

The rich class and the ministry class for them no worries,because they are well off.
In srilanka most middle class family and rural families once a week or month they go to galle face or public recreational places to enjoy with their kids and family.
i do not see any logic for such charges for utilising common public areas. this will restrict money circulation, where people will try to hoard and create recession.loose jobs those interlinked with providing services like food sellers etc when public do not use/frequent such areas.

Tolling for me is ok, if they maintain the roads properly without potholes,proper street lighting.In srilanka when you drive in the night how many of you are comfortable due to poor lighting on rood side.Its highly risky driving in the night.

Anyhow if they implement it that will be the last budget this government will make..... Smile

Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum