Yearly Archives
2021
Despite early spike market declines
Despite an index spike during the initial trading hours, the Colombo bourse gradually declined during the latter half closing its proceedings in red. Moreover, the All Share Price Index marginallydeclinedby2.0 points (-0.0%) to close…
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United States provides USD 75 mn
The United States is providing a welcome boost to Small and Medium Enterprises (SME) in Sri Lanka struggling with the impact of the pandemic.
The U.S. International Development Finance Corporation (DFC) is awarding a USD 75 mn…
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Digital ID rollout needs to be expedited – Minister Namal Rajapaksa
Though successive governments have made attempts to introduce a smart National Unique Digital ID (UID) for more than two decades, Sri Lanka has unfortunately not been able to realize this objective, said Minister of Youth and Sport,…
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Ketagoda makes way for Basil
The Sri Lanka Podujana Peramuna has nominated Economic Revival and Poverty Alleviation Presidential Task Force Head and former Minister Basil Rajapaksa to fill the vacancy left by the resignation of MP Jayantha Ketagoda, the National…
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Consultative Committee on Defence approves General Sir John Kotelawala National Defence University…
The Consultative Committee on Defence recently agreed to present the General Sir John Kotelawala National Defence University Bill to Parliament for the Second Reading. Therefore, the Bill will be presented in Parliament on July 8.…
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Enhanced facilities for e-learning
The Education Ministry on Monday established 2,096 ‘Regional Learning Centres’ (RLCs) at multiple locations, including schools, for students who are unable to engage in online education activities. Education Minister Prof. G. L. Peiris…
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Cardiologist among 32 arrested in child sex ring
A cardiologist (41) of a military hospital in Colombo North has been arrested in connection to the sexual exploitation of a 15-year-old girl via an online sex trafficking ring in Mount Lavinia.
Police Media Spokesperson SDIG…
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NPP against Kotelawala University Bill
The National People’s Power (NPP) yesterday registered its objections to the General Sir John Kotelawala National Defence University Bill which is to be taken up in Parliament on Thursday.
Addressing a press conference at the JVP…
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Sri Lanka budget deficit exceeds revenue up to April 2021
Sri Lanka’s overall budget deficit of 520.5 billion rupees for the first four months of 2021 has overtaken revenues of 481.7 billion rupees in a remarkable development official data showed, following tax cuts in December 2019 compounded by…
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