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Deputy Minister of Finance and Planning Anil Jayantha Fernando said that Sri Lanka’s daily foreign exchange outflow for vehicle imports has fallen to below USD 4 million following the introduction of a temporary surcharge on Customs Import Duties for vehicles.
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The Vehicle Importers Association of Sri Lanka (VIASL) has warned that the prices of imported used vehicles could increase significantly following the removal of the 15 percent valuation reduction previously applied when determining
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Indonesian Ambassador to Sri Lanka, Dewi Gustina Tobing was the latest foreign envoy to assert that transparency and regulations related to the investment climate in Sri Lanka should be convincing to the private sector.
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The United States and Iran have signed a memorandum of understanding to end a near four-month war, senior U.S. officials said on Monday, adding that a formal signing ceremony would take place on Friday and shipping traffic in the Strait of Hormuz would significantly but gradually ramp up, Reuters news agency said.
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The government is considering maintaining current domestic fuel prices without implementing an increase, even after the existing state subsidy concludes, provided that the current downward trend in the global oil market remains steady.
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A British Parliamentarian has urged the UK Government to intervene in the case of a Sri Lankan family facing deportation, arguing that they have become valued members of their local community through their work and public service.
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In response to a surge in public complaints and reports of reckless driving, the Sri Lanka Police have launched a nationwide operation targeting vehicles with modified or excessively loud exhaust systems, with authorities now
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A SriLankan Airlines flight, UL606, operating from Colombo to Sydney, was forced to turn back and land at Bandaranaike International Airport (BIA) last morning (12) after encountering a lightning strike during the flight.
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Amidst various forecasts regarding the impact of the El Nino phenomenon expected to hit Sri Lanka in the coming months, Minister of Ports, Civil Aviation and Energy Anura Karunathilaka said yesterday that the Ministry of Energy has forecast that the impact of the El Nino phenomenon could result in the reduction of 127 gigawatt-hours (GWh) in the national grid in the coming months.
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Amid growing warnings over the possible impacts of the upcoming El Niño climate phenomenon, the National Water Supply and Drainage Board (NWSDB) has said it is looking into the possibility of using seawater and purifying it for drinking purposes as extreme heat is about to hit the country in the coming months.
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Former Director of the State Intelligence Service (SIS), Major General Suresh Sallay through his lawyer yesterday informed the Court of Appeal that senior police officers including Shani Abeysekera and Ravi Seneviratne who had been identified by several investigations as having failed to prevent the 2019 Easter Sunday attacks are now leading investigations against him.
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Sri Lanka’s state university system is facing a critical shortage of academic staff that could compromise the quality of higher education and professional training, Prof. Prageeth Weerathunga, President of the Federation of University Teachers’ Associations (FUTA) has warned.
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The Fort Magistrate Pasan Amarasena yesterday appointed a five-member specialist medical board comprising specialist Judicial Medical Officers and specialist psychiatrists to examine whether former State Intelligence Service Director Suresh Sallay had been subjected to torture while in the custody of the Criminal Investigation Department.