Financial Intelligence Unit of Sri Lanka entered into a Memorandum of Understanding with the Commission to Investigate Allegations of Bribery or Corruption

The Financial Intelligence Unit (FIU) of Sri Lanka entered into a Memorandum of Understanding (MOU) with the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) to exchange information relating to investigations and prosecutions of money laundering, bribery or corruption, and other related offences. Mr. Chethiya Goonasekera, PC, Commissioner of the CIABOC and Mr. Kanishka Wijeratne, Director General of the …

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Creating a Better Future for Our Children

President Ranil Wickremesinghe announced that a better country will be created for the children of Sri Lanka within the next 5-10 years. The President emphasized his commitment to ensuring that no child in the country will suffer, highlighting his dedication to resolving the economic crisis within a short span of two years. President Wickremesinghe made these remarks while addressing the …

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Effective Leadership of the President: Key to Rebuilding a Collapsed Country

State Minister for Livestock Development, D.B. Herath emphasized that under the effective leadership of President Ranil Wickremesinghe, the country, which had suffered collapse in every sphere, experienced significant reconstruction. Furthermore, the State Minister highlighted the importance of careful consideration by the public. He urged them to evaluate whether the current government’s concessional programs, aimed at bolstering the economy, should be …

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A New Institutional Framework to Enhance Sri Lanka’s Industrial Sector

President Ranil Wickremesinghe announced the establishment of a new development bank aimed at providing financial support to industrialists in Sri Lanka. This initiative will offer industrialists the opportunity to obtain loans at low interest rates. Additionally, the President revealed plans to set up an Economic Commission to oversee these activities. A new institution, “Enterprise Sri Lanka,” will also be created …

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Flesh-eating bacteria in Japan: Sri Lankan health officials urge public not to panic

Amidst growing concerns over the spread of Streptococcal Toxic Shock Syndrome (STSS), or commonly known as ‘flesh-eating bacteria’ across Japan, Sri Lankan health authorities have moved to reassure the public, emphasizing that there is no cause for panic. However, Sri Lanka’s Epidemiology Unit Director, Dr. Samitha Ginige, speaking Read Sri Lanka said while the disease can be severe, it is …

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Sri Lanka’s national basketball players getting pointers and tips from the U.S. Sports Envoys.

U.S. EMBASSY SPORTS ENVOYS TO SRI LANKA

Veteran NBA and WNBA Players Conduct Training, Leadership Sessions For Youth From June 8-14, the U.S. Embassy in Colombo, in collaboration with Foundation of Goodness and IImpact Hoop Lab, hosted a veteran National Basketball Association (NBA) player and veteran Women’s National Basketball Association (WNBA) player as part of the U.S. Sports Envoy program. During their trip to Sri Lanka, former …

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Government Affirms Unwavering Commitment to Advance Women’s Rights

President Ranil Wickremesinghe has affirmed that all agreements with international women’s organizations mandate that women must have the same rights as men. He emphasized that the judiciary, executive, legislature, or any other institution cannot interfere with these activities. The President reiterated that the government’s goal is to ensure equal rights for women in the country and stressed his commitment to …

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President Assures Proposed Imputed Rental Income Tax Will Exempt Average Earners

President Ranil Wickremesinghe delivering a special statement to Parliament today (18) said that the proposed Imputed Rental Income Tax will exempt a person’s first property. He emphasized that this tax is aimed at high net-income earners, not ordinary income earners, assuring that it will not affect those earning normal income. Raising a Point of Order under the Parliamentary Standing Orders, …

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