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Ravi K justifies cash withdrawal tax

Finance Minister Ravi Karunanayake said today the budget proposal to impose a levy on cash withdrawals was meant to encourage the use of bank drafts and cheques for the transferring of cash.










CBK to get same pension as Rajapaksa

A resolution has been tabled in Parliament by Prime Minister Ranil Wickremesinghe to place the pension entitlement of former President Chandrika Bandaranaike Kumaratunga on par with the entitlement enjoyed by her successor Mahinda Rajapaksa.







President Sirisena arrives in Malta

President Maithripala Sirisena arrived in Malta Thursday morning (Nov. 26) to attend the Commonwealth Heads of Government Meeting (CHOGM) – 2015, to be held at Fort St. Angelo in Birgu from November 27-29.