Category: Featured
Steps to decentralize all government services at district and divisional levels: President
President Gotabaya Rajapaksa has stated that there is a timely need to decentralize all public services at the district and divisional levels similar to the work-from-home concept. Department of Registration of Persons, Department of Immigration and Emigration, Department of Motor Traffic and other state institutions can be further decentralized at the district and divisional levels […]
Plans afoot to expedite final stage water supply projects
Plans are afoot to complete the work on large and small scale water supply projects which are in the final stages of construction in order to vest with the public. It was also decided to resolve the issues related to those projects as soon as possible. These were stated at the progress review meeting of […]
MAS Holdings launches Foundation for Change, a non-profit to tackle environmental issues
MAS Holdings, the Sri Lankan based design-to-delivery solutions provider, announced the launch of the ‘MAS Foundation for Change’, an independent non-profit organization aimed at tackling the social and environmental challenges faced due to biodiversity loss, ocean pollution, and lack of access to clean water. The creation of the MAS Foundation for Change is an extension […]
Current exchange rate arrangement: Background, positive impact thus far, and expected outcomes
This note is intended to explain to the general public the background to the current exchange rate arrangement, and the positive impact it has already made, and expected outcomes in the period ahead. The country is facing extremely challenging economic circumstances at present while it is going through the worst balance of payments crisis in […]
People’s aspirations for system change in governance incorporated in SJB’s 21 A: Eran
SJB Parliamentarian Eran Wickramaratne said that if the government has a genuine need to bring in a system change as demanded by the people across the country it is high time for the government, to bring in the amendment proposed by the SJB to parliament with the approval of the Cabinet of Ministers. If the […]
Colombo Port ranked most efficient in South Asia and Indian sub-continent : World Bank and S&P
No. 1 in South Asia/Indian Sub-Continent No. 3 among ports in the Indian Ocean Rim No. 22 among 370 ports Globally The Port of Colombo has been ranked as the most efficient port in South Asia and the Indian Sub-Continent, 3rd in the Indian Ocean rim and 22nd among 370 ports globally, in the second […]
Take speedy actions to ensure food security: President instructs officials
Steps to formulate a National Fertilizer Policy expeditiously…. Uncultivated government lands for young farmers… Cultivation Promotion Week for all provinces jointly… Kandakadu Farm for the cultivation of essential crops including maize … Priority to agriculture, livestock and fresh-water fishing industries… Phosphate deposit is optimally utilized for fertilizer needs… President Gotabaya Rajapaksa instructed the officials to […]
SL CB reassures commitment to ensuring the availability of forex banking system for essential foods
The Ministry of Finance issued Import Control Regulations on Payment Terms No.07 of 2022, dated 06 May 2022, and to be effective from 20 May 2022, by restricting the use of Open Account Payment Terms or Consignment Account Terms, subject to conditions, when importing goods to Sri Lanka. This measure complements the various other measures […]
Ceylon Chamber call for few more edits to the 21st amendment to the constitution of Sri Lanka
In a letter to the Minister of Justice, Constitutional Affairs and Prison Reform the joint Chambers of Commerce has called for a further strengthening of the 21st amendment through a few more amendments necessitated by past learnings and current context to meet the aspirations of the people, including the business community, who are seeking a […]
Nine cabinet ministers sworn in before President
Nine new Cabinet Ministers of the All-Party Government were sworn in before President Gotabaya Rajapaksa at the President’s House in Colombo this morning (20).They are;01. Nimal Siripala de Silva – Minister of Ports, Shipping and Aviation Services 02. Dr. Susil Premajayantha – Minister of Education 03. Dr. Keheliya Rambukwella – […]
Sri Lanka rejects motion on alleged genocide adopted in Canadian Parliament
Sri Lanka notes with regret the adoption of a motion in the Canadian Parliament on the alleged genocide of Tamils in Sri Lanka and recognizing May 18 as Tamil Genocide Remembrance Day, the islands’s Government said in a statement. “The Government categorically rejects the blatantly false allegation of genocide contained in the parliamentary motion […]
Sri Lanka CB maintains policy rates
The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 18 May 2022, decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank at the current levels of 13.50 per cent and 14.50 per cent, respectively. The Board is of […]