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Israel has become the first OECD member state to sign an investment pact under India’s new model treaty framework. The BIA replaces the earlier investment treaty signed in 1996, which was terminated in 2017 as part of India’s policy overhaul on such agreements.
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Nilanga Dela, the former Diyawadana Nilame of the Sri Dalada Maligawa, Kandy has been appointed to act in the post for three months by the Commissioner of Buddhist Affairs on the recommendation of the Mahanayake Theras of the Malwatta and Asgiriya Chapters.
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The President’s Fund has announced plans to launch a scholarship programme to support the education of children in Sri Lanka whose parents working overseas have died, become disabled, gone missing, or faced other hardships, the President’s Media Division (PMD) said.
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United States President Donald Trump has expressed his frustration with Russia following Moscow’s largest-ever aerial assault on Ukraine, as his administration floats tougher sanctions to “collapse” the Russian economy.
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Construction on the long-awaited first section of the Central Expressway (E04), from Kadawatha to Mirigama, is set to resume by September or October with the return of Chinese funding, marking a significant step forward for the nation’s infrastructure development after years of costly delays.
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Sri Lankans living abroad continue to send back home their hard earned money in large sums every month, helping to further bolster the country’s still fragile external sector and thereby strengthening the overall economy which appears to be firing from all cylinders at present as seen from virtually every economic reading.
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A fire has been reported on land belonging to the Forest Conservation Department in the Kongasthenna Grama Niladhari Division, located on the border of the Weligepola and Balangoda Divisional Secretariats in Ratnapura, the Disaster Management Centre (DMC) said