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The Central Bank issued fresh guidelines to the banks, finance companies and leasing establishments, outlining the new upper limits for loans and lease facilities granted to purchase vehicles, while removing the preferential high limit assigned for electric vehicles (EVs), effective from July 18.
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The government has taken steps to develop the Millaniya Industrial City in the Kalutara District as an environmentally sustainable industrial zone, with a strong focus on protecting the environment and improving the quality of life for surrounding communities, Deputy Minister of Industry and Entrepreneurship Development Chaturanga Abesinghe said.
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Prime Minister and Education Minister Dr. Harini Amarasuriya today said that economics and entrepreneurship should be built on a foundation of human values, rather than driven purely by monetary gain. She highlighted the importance of the “care economy” as a powerful example of this human-centered approach.
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The government’s plan to vest certain dysfunctional local bodies under special commissioners has sparked controversy, with opposition parties threatening legal action if such measures are implemented unfairly.
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Women and Child Affairs Minister Saroja Paulraj has raised alarm over a recent surge in pregnancies among school-aged girls, calling for immediate and comprehensive education on sexual health and responsibility.
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The Colombo Stock Exchange sustained its positive momentum throughout the trading session today, with the All Share Price Index (ASPI) climbing 96.85 points (+0.51%) to close at 18,973.70, while the S&P SL20 rose by 26.50 points (+0.47%) to end at 5,655.43.
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Dialogue heard on a cockpit voice recording indicates that the captain of the Air India flight that crashed in June, killing 260 people, may have turned off the fuel just after takeoff, prompting the first officer to panic, according to The Wall Street Journal, which cited sources familiar with U.S. official’s early assessment.
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Following the Daily Mirror article on the Public Health Inspectors’ (PHIs) visit to Galle Face Hotel, the Hotel, in a statement, said that there had been no order to close their kitchen by the Colombo Municipal Council (CMC) or any other regulatory authority, and that they remained focused on providing a safe and comfortable environment for every guest.
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An official of KPMG Sri Lanka that conducted the forensic audit over the fuel distribution of the Ceylon Petroleum Storage Terminals Limited (CPSTL) has been involved in deleting the data regarding fuel ditribution, SJB MP Dayasiri Jayasekara revealed today.
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Former Deputy Minister of Economic Development and Special Projects, Samarakoon Mudiyanselage Chandrasena was ordered to be remanded further by Colombo Chief Magistrate Thanuja Lakmali Jayathunga till August 1 over allegations of misusing state resources during the 2015 Presidential Election.
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A section of the main kitchen at the Galle Face Hotel in Colombo was temporarily ordered to be closed by the Public Health Department of the Colombo Municipal Council (CMC) following complaints of suspected food poisoning.