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Sri Lanka’s nation-wide inflation measured by the National Consumer Price Index hit 6.1 percent in May 2021, the highest since September 2020, when in it 6.4 percent, data from the state statistics office showed. The index grew 1.0 percent…
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One step in the in the allocation of International Monetary Fund reserves or special drawing rights (SDR) to its members was passed this week with its Executive Board discussing a formal proposal by Managing Director Kristalina Georgieva on…
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Sri Lanka has collected 1.4 billion rupees from a urban elitist ‘sustainable’ tax to discourage telecom towers in 2020, official data showed, as rural kids climb trees and walked on roofs to get signals to participate in online classes amid…
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Sri Lanka is in the biggest economic crisis after independence from British rule and there was hardly any tax money left for other expenses after paying state workers, Trade Minister Bandula Gunewardene said. “In 2020 the revenue of the…
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Federation of Chambers of Commerce and Industry Sri Lanka, an umbrella grouping has written to President Gotabaya Rajapaksa, seeking credit relief and also a re-think of the chemical fertilizer ban. The full statement is reproduced below:…
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The Women Parliamentarians’ Caucus has decided to propose several measures to increase the representation of females in the electoral and the State administration process including a request to add to the electoral rules that all…
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There is a strong possibility of Basil Rajapaksa, the founder and National Organiser of the Sri Lanka Podujana Peramuna (SLPP) being sworn-in as a Member of Parliament shortly. According to political sources, Basil Rajapaksa is…
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The Sri Lanka Freedom Party (SLFP) has no intention of supporting the No-Confidence Motion of the Opposition against Minister Udaya Gammanpila, State Minister of Batik, Handloom Fabrics and Local Apparel Products and SLFP General…
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A bridegroom was fined Rs.20,000 for holding a wedding in Sandilipay, Jaffna in violation of the COVID-19 health regulations. The other attendees were fined Rs.5,000 each by the Mallakam Magistrate. Approximately, 47 people who…
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The wife of a popular businessman and an employee have been arrested over the death of the businessman in Negombo under mysterious circumstances, the Police Spokesman SDIG Ajith Rohana said. He further said the suspects were…
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