SRI LANKA DONATES CEYLON TEA TO PAKISTAN

SL donates Ceylon tea to Pakistan Sri Lanka has donated a consignment of Ceylon Tea as a gesture of solidarity & goodwill to the flood victims of Pakistan today. (05). Foreign Minister Ali Sabry handed over the donation to the…

OWING TO DELAYS IN GOVERNMENT REGULATIONS PORT CITY INVESTMENTS EFFECTED

Delays in Govt. regulations ; Port City investments affected It is reported that out of the 74 plots allocated for foreign investors in Colombo Port City, only 6 plots have been claimed by the investors so far. The project is…

PADDY STOCKS AT PMB TO BE MORGAGED TO BANKS TO OBTAIN REQUIRED CASH TO BUY PADDY FROM FARMERS

Govt. to mortgage paddy stocks to state banks Government is to mortgage its paddy stocks to state-run banks to obtain the required cash to make purchases from farmers in the current season. The move came after the state-run banks declared…

IMF STAFF LEVEL AGREEMENT PLEASES IMF MD KRISTALINA GEORGIEVA

IMF Chief ‘pleased’ by IMF staff level agreement Managing Director of the International Monetary Fund – Kristalina Georgieva has stated that she is pleased that IMF staff and Sri Lankan government officials have reached a staff-level agreement to support the…

Dr SEETHA ARAMBEPOLA WILLING TO GIVE HER SEAT TO GOTA IF INTENDS TO COME TO PARLIAMENT

Seetha willing to give up MP seat for Gota? Sri Lanka Podujana Peramuna (SLPP) parliamentarian Dr. Seetha Arambepola says that if former President Gotabaya Rajapaksa requires to enter the Parliament, she is ready to resign from her National List MP…

NEW POLITICAL FRONT LAUNCHED ” UTTARA LANKA SABAHAGAYA” WIMAL AS CHAIRMAN

Wimal to chair ‘Uttara Lanka Sabahagaya’ New political front known as the ‘Uttara Lanka Sabahagaya’ has been launched in Maharagama today (04). Wimal Weerawansa has been named as the chairman of the alliance while Dr. G. Weerasinghe of the Communist…

WORLD BANK FUNDS TO BE DESTRIBUTED VIA AN APP

App to distribute WB funds It is reported that the World Bank and the Central Bank of Sri Lanka have planned to collaborate to select poverty stricken individuals and families.This measure is said to be taken due to political pressure…

THREE MP’S FROM THE 10 PARTY COALITION TO GET MINISTERIAL PORTFOLIOS

Ministerial portfolios for 3 MPs from the 10-party coalition 03 MPs who are among the coalition of 10 parties that recently became independent from the government, will resign from the coalition to accept ministerial portfolios, reports say. MP Tiran Alles…

EUROPEAN UNION WELCOMES IMF-SL AGREEMENT

EU welcomes IMF – SL agreement The European Unions says they welcome the staff-level agreement between the International Monetary Fund (IMF) and Sri Lanka. Tweeting, the EU delegation says they look ‘forward to continuing cooperation on public finance management and…

EXTRAORDINARY GAZETTE BY KEHELIYA RAMBUKWELA AMEDING -MRP’S OF 43 MEDICAL EQUIPMENT AND DRUGS

MRPs of 43 medical equipment & drugs Minister of Health Keheliya Rambukwella has issued an Extraordinary Gazette amending the Maximum Retail Prices of 43 medical equipment and pharmaceutical drugs. The revised prices are in effect from Thursday (01).