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At least 18 people were injured after a fire alert went off on a Ryanair Boeing 737 aircraft at Palma de Mallorca Airport (PMI) in Spain. The incident occurred on Saturday, just when the Manchester-bound plane was about to take off.
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Consumers are facing absurd costs for items purchased through e-commerce platforms after the Sri Lanka Customs had scrambled to revert to HS code-based taxation without a proper framework, Chair of the Committee on Public Finance (COPF) Dr. Harsha De Silva said.
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Minister of Agriculture, Land, Irrigation and Livestock Development K.D. Lalkantha asserted that the government would comply with the IMF programme regardless of public protests.
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Granting ad hoc, non-transparent and large tax exemptions in the past has created significant issues, obviously on the fiscal space and revenue - not only in terms of losses in foregone revenue for the government but rise in corruption vulnerability, according to Evan Papageorgiou, IMF Mission Chief for Sri Lanka.
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Sri Lanka’s export earnings from rubber and rubber-finished products fell 9.33 percent year-on-year to US $ 73.60 million in May, as sheet rubber exports slumped 40.91 percent, indicating the persistent pressure on the key product categories in international markets, commodity broker Forbes and Walker said in its June rubber market report.
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Japanese Ambassador Akio Isomata stressed that the eradication of corruption and good governance is a prerequisite for restoring confidence of both public and private entities, including those of Japan, in making investments in Sri Lanka, according to a press release from the Japanese Embassy.
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The Colombo Stock Exchange (CSE) closed the trading day on a positive note. The market initially experienced significant selling pressure during the early hours of the session, with the All Share Price Index (ASPI) declining by nearly 150 points.
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The Colombo Chief Magistrate today directed that a complaint be lodged with the Keselwatta Police following an allegation that death threats were made against Sulochana Hettiarachchi, Assistant Director of the Bribery Commission.
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The U.N. human rights office said on Friday it had recorded at least 613 killings both at aid points run by the U.S.- and Israeli-backed Gaza Humanitarian Foundation (GHF) and near humanitarian convoys run by other relief groups including the U.N.
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Former Minister S.M. Chandrasena was ordered to be remanded by Chief Magistrate Thanuja Lakmali Jayathunga until July 18, in connection with the alleged distribution of seed paddy worth Rs. 25 million to associates during the 2015 Presidential Election period.
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Sri Lanka Podujana Peramuna (SLPP) Parliamentarian Namal Rajapaksa has called on the government to urgently finalise a progressive national e-commerce policy, warning that delays could hold back the country’s digital economy and limit opportunities for local entrepreneurs.