4
Hatton National Bank PLC (HNB) yesterday announced the resignation of its Chairperson Aruni Goonetilleke and the subsequent appointment of Nihal Jayawardene PC as its new Chairman.
2
The Joint Apparel Association Forum (JAAF) yesterday expressed “deep” concern and disappointment on the government’s decision to terminate the long and well-functioning Simplified Value-Added Tax (SVAT) scheme.
21
The Government has decided to go ahead with the reform of Sri Lanka Telecom (SLT) despite the recommendation by the Sectoral Oversight Committee on National Security not to do so, a Minister, who did not wish to be named, said today.
7
The Public Finance Committee chaired by Dr. Harsha de Silva has postponed the consideration of the Betting and Gaming Levy (Amendment) Bill for a week until a timeline for establishing a regulatory authority is worked out.
5
The Criminal Investigation Department (CID) arrested seven Police Narcotics Bureau officers over the death of an Assistant Manager of the Vocational Training Authority (VTA), Narahenpita while in the custody of the Police Narcotics Bureau (PNB).
11
Experienced batsman Angelo Mathews was omitted from the Sri Lanka squad for the Cricket World Cup qualifiers this month, in an otherwise unchanged squad named for the three-month ODI series against Afghanistan.
8
Minister of Foreign Employment and Labour Manusha Nanayakkara today came out with some shocking revelations in the foreign employment sector where MPs and social media have been paid to highlight issues faced by Sri Lankan expatriate workers.
6
Leader of the House Susil Premajaynatha, on behalf of the government, proposed that the Committee on Public Enterprises (COPE) should be asked to carry out a special probe on the import of organic fertilizer from China and Nano Nitrogen from India from which the country has lost more than Rs. 08 billion.
21
Foreign tourists exploring Sri Lankan wilderness had a close encounter with a wild elephant during their visit to a national park in Polonnaruwa. The group were traveling in three-wheelers when they came across the wild elephant near the roadside.
19
Iranganie Serasinghe (nee Medeniya), the doyenne of Sinhala cinema, celebrates her 96th birthday today. Considered a living example of values, culture and discipline, Mrs. Serasinghe has inspired the younger generation to play a more dignified role in the field of arts.
6
Responding to the allegation leveled against the Geological Survey and Mines Bureau (GSMB) during the recent Committee on Public Enterprises (COPE) meeting that GSMB seeks minister’s approval for issuance of licenses, GSMB Chairman R. Sanjeepan clarified that applications related to mining and exploration activities are never sent to the Minister for his approval.
6
Facilitated by recent tax reforms, the government expects income tax files to increase by nearly five-fold from 205,200 to one million boosting the country’s income tax revenue and enhancing the direct and indirect tax ratio to 40 percent vs. 60 percent by end of this year, which would pave the way for a potential Rs.400 billion cut in indirect taxes.