Opposition unanimously rejects new media law Opposition political parties have unanimously decided to oppose the proposal to introduce legislation to establish a Broadcasting Regulatory Commission in the country The executive council of the opposition led by the Samagi Jana…
JAPANESE LIGHT RAIL TRANSIT PROJECT LOANS DEPEND ON RESTRUCTURING OF DEBTS
LRT Project: Japanese embassy says Project loans depend on debt restructuring In response to a query about the restart of the Japan-financed Light Rail Transit (LRT) project, the Japanese embassy in Colombo said the resumption of loan projects and…
NEXT WEEK IMPORT RESTRICTIONS ON MANY ITEMS TO BE LIFTED
Import restrictions on 300-400 items to be lifted next week! Import restrictions imposed on 300-400 items will be lifted next week, Finance State Minister Ranjith Siyambalapitiya said. Speaking to the media in Ruwanwella this morning (02), the State Minister…
FUEL IN ADEQUATE QUANTITIES MINISTER ASSURES NOT TO PANIC
Minister assures adequate fuel stocks exist Minister of Power and Energy – Kanchana Wijesekara has urged public not to panic over claims of fuel shortages as the Ceylon Petroleum Corporation and the Lanka IOC have ‘adequate stocks’. Tweeting, he…
TO MAKE SRI LANKA A THRIVING NATION SRI LANKA BY YEAR 2048 IS GOVERNMENT’S OBJECTIVE
“Govt. objective is to guarantee complete development of SL as a thriving nation by 2048” President Ranil Wickremesinghe reiterated his commitment to prevent any regression of the country to its previous state, emphasizing his determination to transform Sri Lanka…
TO POSON FESTIVAL RUPEES TWENTY EIGHT POINT EIGHT MILLION ALLOCATED
Rs. 28.8 mn. already allocated for Poson festival – PMD The government has refuted claims raised by various parties over the lack of state sponsored funding for the Poson Program being held in Anuradhapura this year. In a media release,…
FINANCE MINISTRY TAKES CONTROL OF SLT,LOTUS TOWER ,CEMENT,SALT ,SEGC ETC
SLT, Colombo Lotus Tower placed under Finance Ministry A gazette extraordinary has been issued placing Sri Lanka Telecom, Colombo Lotus Tower, Sri Lanka Cement Corporation, State Engineering Corporation and several other state institutions under the purview of the Minister of…
LIGHT RAIL TRANSIT PROJECT GIVEN CABINET APPROVAL
Cabinet approves to commence talks on LRT project The Cabinet has given its approval to commence discussions to restart the suspended Light Rail Transit (LRT) project. While addressing the Cabinet news briefing held today (30), Minister Bandula Gunawardana said…
DEPUTY MD OF IMF TO SRI LANKA
IMF Dy. Managing Director to arrive in SL tomorrow Deputy Managing Director of the International Monetary Fund (IMF) – Kenji Okamura will arrive in Sri Lanka tomorrow (May 31) for a two-day official visit, State Minister of Finance Shehan…
INDIAN CREDIT FACILITY EXTENDED
Agreement signed to extend Indian credit facility till March 2024 Sri Lanka today signed an agreement with India today to extend the USD 1 billion credit line to import essentials for a period of one year. The Amendment Agreement…
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by Sunil Thenabadu
