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The Central Bank left its key policy rate unchanged at its fourth monetary policy announcement yesterday, as Governor Dr. Nandalal Weerasinghe said all macroeconomic indicators are moving in the right direction, capturing the sentiments of the Monetary Policy Board, which decided the current policy stance is just about at the right level to accomplish their mandate in maintaining price stability.
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Bangladesh’s central bank (Bangladesh Bank) hosted a special award ceremony at its headquarters in Motijheel on 17 July, to formally recognise officials from Sri Lanka’s Pan Asia Banking Corporation PLC for their role in preventing a US$ 20 million fraudulent transaction during the infamous 2016 Bangladesh Bank reserve heist incident.
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Dropping a bombshell in Parliament, opposition MP Nizam Kariapper today said current Deputy Minister of Defence Aruna Jayasekera who was one time Security Force Commander in the east neglected prior information received on activities of Zahran who led the Easter Sunday attacks since 2015.
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A Fundamental Rights petition filed by several women activists and women’s organizations was settled before the Supreme Court following the issuance of a new gazette notification permitting women to purchase liquor from any licensed outlet, work in establishments engaged in liquor production, and consume liquor at retail premises.
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Claiming that a clear violation of regulations has occurred in the import of vehicles under cross-border Letters of Credit (LCs), Minister of Labour and Deputy Minister of Economic Development Dr. Anil Jayantha said today the government will not reverse the gazette issued on cross border imports.
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The Government Veterinary Officers’ Association announced that veterinary professionals are prepared to take on the challenge of eradicating rabies in Sri Lanka, following the planned transfer of the National Dog Sterilisation and Rabies Vaccination Programme to the Department of Animal Production and Health (DAPH).
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The Colombo Stock Exchange opened positively today following the Central Bank’s decision to keep the Overnight Policy Rate (OPR) unchanged at 7.75%. Investor sentiment remained upbeat throughout the session, driving the All Share Price Index (ASPI) up by 151.15 points (+0.79%) to close at 19,243.08, while the S&P SL20 also gained 32.00 points (+0.57%) to settle at 5,689.62.
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The government is moving away from an exam-centric education system towards a modular system focused on active learning, with the aim of providing quality education for all children, Education Minister Dr. Harini Amarasuriya said.
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The Liberal Youth Movement welcomed the Supreme Court judgment upholding the petition it filed challenging the islandwide State of Emergency declared on July 17, 2022 by the then Acting President Ranil Wickremesinghe.
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The Ministry of Environment has requested the Sri Lanka Police to launch a special investigation into the recent spate of wild elephant deaths caused by gunshot wounds, urging strong legal action against those responsible.
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Japanese Prime Minister Shigeru Ishiba plans to step down following a bruising upper house election defeat, a source told Reuters, as the embattled premier announced a long-sought trade deal with U.S. President Donald Trump.
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Amid the alarming rise in elephant deaths due to the escalating human-elephant conflict, the founder of the National Namal Uyana, Ven. Wanawasi Rahula Thera, has called for urgent amendments to the country’s Wildlife Ordinance, including the introduction of harsher penalties, even the death penalty, for those found guilty of killing elephants.
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President Anura Kumara Dissanayake has appointed a Special Presidential Investigation Committee to probe serious allegations of fraud, corruption, and administrative irregularities at SriLankan Airlines Limited and Airport and Aviation Services (Sri Lanka) (Private) Limited.
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The Supreme Court, in a majority decision, has ruled that the proclamation issued by former President Ranil Wickremesinghe declaring a State of Emergency in 2022—while he was serving as Acting President—violated fundamental rights.
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Heated arguments rocked Parliament when Samagi Jana Balawegaya (SJB) MP Rohini Kaviratne raised a question on the Janatha Vimukthi Peramuna’s (JVP) attack on the Dalada Maligawa in 1989 and Leader of the House Bimal Ratnayake called the MP a daughter of a murderer.