The world watches legendary Khan in jail To be the sporting idol adored by millions in a nation is a rare achievement in our times. To be a leader of a nation on whose behalf tens of thousands of…
LOSSES INCURRED BY SUGAR TAX SCAM QUESTIONED BY COMMITTEE OF PUBLIC FINANCE
CoPF questions action taken to recover losses incurred by the Sugar Tax Scam The Committee on Public Finance questioned the officials representing the Ministry of Finance regarding the action taken to recover the loss incurred by the Sugar Tax…
LYCA DEAL CRUSHED AT CABINET MEETING
PM crushes Lyca deal during cabinet meeting The Cabinet has rejected a decision to lease Channel Eye owned by Sri Lanka Rupavahini Corporation (SLRC), to the Lyca Group. The relevant decision had been taken by current Chairman of the…
RETIRED SAMURDHI OFFICERS NOT PAID PENSION !
No pension paid for group of retired Samurdhi officers! The Committee on Public Accounts (COPA) drew attention to the non-payment of pensions on behalf of a group of retired officers of the Sri Lanka Samurdhi Authority. This was discussed…
DIRECTIVE ISSUED TO BOOST GEM & JEWELRY REVENUE
President issues directive to boost gem & jewelry sector revenue August 13, 2023 at 12:58 P President Ranil Wickremesinghe has highlighted the importance of promptly addressing challenges in the gem and jewellery sector to boost Sri Lanka’s revenue from exports.…
FOR 13 A EXPANSION NOT THE TIME
This is not the right time for 13A expansion – Sagara Kariyawasam The Sri Lanka Podu Jana Peramuna (SLPP) has decided to take the position that ‘this is not the best time to expand on the 13th Amendment’ to…
IMPORT RESTRICTIONS RELAXED ON VEHICLES USED FOR PUBLIC TRANSPORT
Sri Lanka to relax import restrictions on vehicles used for public transport State Finance Minister Ranjith Siyambalapitiya says that a Gazette notification is expected to be issued this week relaxing restrictions on import of lorries, trucks and buses used…
POTENTIAL GULF BUYERS FOR SRI LANKAN AIRLINES
SriLankan Airlines seeks potential Gulf buyers SriLankan Airlines should be a target for takeover by carriers in the Gulf once it is privatised, after making an operating profit for the first time in 15 years, its chief executive Richard…
SJB’S NCM AGAINST KEHELIYA IN FIRST WEEK OF SEPTEMBER
No-Confidence motion against Keheliya in September The no-confidence motion against Health Minister Keheliya Rambukwella will be debated during the first week of September. Chief Opposition Whip Lakshman Kiriella told News 1st that the decision was reached during Friday (11)…
NEW LAW THAT VEHICLES CANNOT BE SEIZED IF OWNER OBJECTS
“Vehicles with defaulted installments cannot be seized if owner objects” State Minister for Finance Mr. Ranjith Siyambalapitiya has said in Parliament that banks and financial institutions can seize vehicles over default in leasing payments, only if there is no…
