Two specific actions by the Central Bank have also contributed positively for the rupee’s appreciation. They are, the relaxing of surrender rules on export proceeds to 15 percent from 25 percent and the increasing of the daily forex trading band
The Election Commission which met yesterday ruled out the possibility of conducting the local authorities’ elections on March 9, 2023 due to inability to print ballot papers and other reasons, an official said. The Commission is constrained in
The Chief Executive Officer of The Nelum Pokuna Theater Major General L.S. Balachandra and Brigadier Suresh Perera, Brigadier General Staff of SFHQ in Mullaittivu have been removed from their posts following a brawl which had recently broken out over overtaking the former’s vehicle, the Army said.
The historic Temple of the Tooth Relic (Dalada Maligawa) in Kandy, which had not hosted the Janaraja Perahera for 34 years, held it yesterday. The event was organized to coincide with the 75th Independence Anniversary Celebrations and was attended by President Ranil Wickremesinghe and Prime Minister Dinesh Gunawardana.
A delegation of the Lahore Women Chamber of Commerce and Industry led by its President Ms. Sahar Malik called on the High Commissioner at the High Commission in Colombo, a statement from the High Commission said. The delegation of women entrepreneurs from Pakistan is visiting Sri Lanka to explore business opportunities. A detailed discu
A “Pin Anumodana” ceremony to transfer merit to those killed in the earthquake in Turkey and Syria was held at the Gangaramaya Temple, Colombo yesterday with the participation of Turkish Ambassador Demet Şekercioglu, Foreign Minister Ali Sabry, Secretary to the President Saman Ekanayake and other dignitaries. The event was preceded by Viharadhikaari of the Ga
Referring to the recent incident of hundreds of people rushing to Colombo for a bogus foreign employment opportunity in Turkey, Association of Licensed Foreign Employment Agencies Sri Lanka (ALFEASL) warned the public not to fall prey to such scams in the future. Addressing a special press briefing President ALFEASL Mohamed Faroos Marikkar said what happened on January 25th w
President Ranil Wickremesinghe and former President Gotabaya Rajapaksa places the caskets with Sacred Relics on the tusker to be paraded at the annual Navam Perahera of Gangaramaya Temple in Hunupitiya yesterday. The Perahera is being held for the 45th time.
With 2022 bringing on an economic disaster for Sri Lankan citizens, one would expect the Treasury to reduce its budget allocations for 2023 in almost all areas where it can. However, according to figures released by the Treasury exposing the budget allocations for 2023, little has been reduced from last year and in some instances the allocations have only increased since 2022.
SL exits ’Restricted Default’ rating
SriLankan airlines hosts agents’ tour to Gan island
Can funds disbursed through President’s Fund be refunded?
Main schools in Colombo without principals
Economic crisis stalls five high-rise buildings