Category: Local News

New employment scheme with Saudi Arabia sparks hope among Sri Lankan workers

Sri Lankans are hopeful that a new employment scheme with Saudi Arabia will help ease their country’s economic crisis, professionals and labour officials told Arab News, as they expect it to boost the nation’s manpower exports to the Kingdom.

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Bus fares to be reduced by 12.9 percent in Sri Lanka

The bus fares in Sri Lanka will be reduced by 12.9 percent with effect from midnight tomorrow (March 30), Acting Minister of Transport Lasantha Alagiyawanna said.

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Fuel prices reduced in Sri Lanka

Fuel prices in Sri Lanka will be reduced from midnight today (March 29).

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Energy minister threatens legal action against petroleum workers who do not report for duty

The Ceylon Petroleum Corporation (CEYPETCO) and the Ceylon Petroleum Storage Terminals Ltd. (CPSTL) have announced that employees who do not report for duty are to be sent on compulsory leave from today (March 29).

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Joseph Michael Perera passes away

Joseph Michael Perera, 17th Speaker of Sri Lankan Parliament has passed away at the age of 81.

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UNFPA commends Sri Lanka on developing robust national evaluation capacities

The United Nations Population Fund (UNFPA) congratulated Sri Lanka on its achievements in developing robust national evaluation capacities, at the policy, institutional, and professional levels.

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Sanath Nandasiri passes away

Veteran singer and musician Sanath Nandasiri has passed away this morning (March 28) at the age of 81.

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Sharp drop in vegetable prices in Sri Lanka

The prices of all vegetables have reduced considerably in the Peliyagoda Manning Market due to the high supply and low demand, President of the Peliyagoda Manning Public Market Association HM Upasena said.

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Sri Lanka eyes US $ 1.3 Billion from multilateral funding agencies this year

Sri Lanka is expecting to obtain around US $ 1.36 billion funds from major multilateral agencies, including the International Monetary Fund (IMF), World Bank and Asian Development Bank (ADB), this year.

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Cabinet approval granted for 03 foreign companies in China, Australia, USA to enter Sri Lanka’s fuel market

Sri Lanka’s Cabinet has given the green light to award licences to China’s Sinopec, Australia’s United Petroleum and RM Parks of the USA, in collaboration with multinational oil and gas company – Shell plc to enter the Fuel Retail market in Sri Lanka.

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Attack on Galle Face protesters: Court dismisses petition against SDIG Deshabandu Thennakoon

A writ petition filed by a lawyer seeking an order directing the Criminal Investigation Department (CID) to arrest Western Province Senior DIG Deshabandu Thennakoon for his failure to prevent attacks on peaceful protesters at Galle Face was today (March 27) dismissed by the Court of Appeal.

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Sri Lanka’s access to growing Indian & African markets cannot be disrupted – President Ranil

Sri Lankan President Ranil Wickremesinghe emphasized during an interview organized by Harvard University on the 24th, through Zoom technology, that Sri Lanka’s access to the growing Indian and African markets should not be disrupted by any big power rivalry or conflict

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Sri Lanka needs laser-like focus on IMF programme implementation: Dr. Indrajit Coomaraswamy

There are three most important priorities for Sri Lanka in the wake of the IMF Programme; implementation, implementation and implementation of the agreed upon benchmarks of the programme. Last thing we need to suddenly find is that we have gone off the track of the programme and it is suspended, Dr. Indrajit Coomaraswamy, Former Governor, Central Bank of Sri Lanka said on Friday.

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State need not do business, says President, Seven State Owned Enterprises to be divested

The State need not engage in business as its mandate is to provide services such as education and maintain law and order, President Ranil Wickremesinghe said Thursday defending plans to divest government-held shares of seven state owned enterprises (SOEs).

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USD 121 Million paid to India from first tranche of IMF loan received to Sri Lanka

USD 121 million out of USD 333 million, the first tranche that was extended to Sri Lanka by the International Monetary Fund (IMF), was used to pay the instalment of the Indian credit line yesterday (March 24), State Minister of Finance Ranjith Siyambalapitiya said.

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UNHRC concludes observations on reports on six countries including Sri Lanka

The Human Rights Committee said yesterday that it has concluded its one hundred and thirty-seventh session after adopting concluding observations on the reports of Egypt, Panama, Peru, Sri Lanka, Turkmenistan and Zambia.

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