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Sri Lanka’s Gross Domestic Product (GDP) contracted the most in two years in the quarter ended June (2Q22), the first full quarter since the country plunged into a deep economic crisis followed by social and political upheaval, which disrupted most of the economic activities amid widespread shortages and soaring prices.
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In a move to formalise and regularise the country’s casino industry, the government has published new rules to issue casino licenses upto 20-years along with a regulatory framework, which is expected to officially allow John Keells Holdings’ (JKH) flagship Cinnamon Life to move ahead with its plans to operate a casino within the premises.
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Services of the Verification and Attestation units of the Consular Affairs Division of the Ministry of Foreign Affairs, Colombo 01 and its Regional Offices in Jaffna, Trincomalee, Matara, Kandy, Kurunegala, will be suspended until further notice, due to a computer system breakdown.
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The Board of Investment (BOI) recently collaborated with the National Apprentice and Industrial Training Authority (NAITA) to address the dearth of human capital at the level of technical skills, which has been a challenge for industries over a period of time.
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A sentence imposed against a priest for committing grave sexual abuse to an underage girl has been enhanced to 15-year-Rigorous Imprisonment from the original sentence of 11-year-simple imprisonment by Court of Appeal, during the appeal.
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India does not plan to provide fresh financial support to Sri Lanka on top of the nearly $4 billion it has extended this year, two sources told Reuters, as the island’s battered economy starts to stabilise after a preliminary loan agreement with the IMF.
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The world has never been in a better position to end the COVID-19 pandemic, the head of the World Health Organization said on Wednesday, his most optimistic outlook yet on the years-long health crisis which has killed over six million people.
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The European Union has donated US$22.83 million and €18.75 million to Sri Lanka for sustainable industrial development in the country, The United Nations Industrial Development Organization (UNIDO) Sri Lanka representative Dr. Rane Van Berkel said.
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The Government Medical Officers’ Association (GMOA) said it has come to a situation to postpone their routine surgeries to preserve those medical equipment for surgeries may have to be performed during emergency situations in the future.
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The Right to Information Commission (RTI), which heard an appeal made by journalists requesting information related to expiry dates of the tear gas canisters used by the police in recent protests, yesterday warned to notice Police Chief, if the latter does not provide correct data within ten days.
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Leading US senators, including the US Senate Foreign Relations Committee Chair Bob Menendez have introduced a Senate resolution calling for a comprehensive international approach to address Sri Lanka’s current political and economic crisis, including challenges related to poor governance and economic policy under the Rajapaksa family’s rule.