EC orders removal of campaign stickers on vehicles

The Election Commission has issued a directive for the immediate removal of election campaign stickers displayed on vehicles.  This decision follows a spate of complaints about political slogans and stickers being placed on private buses and three-wheelers. According to the Presidential Elections Act, displaying such materials is a violation of election laws, the Commission said in a statement. Further, it …

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Relaxation of the period applicable for exporters of goods to convert their export proceeds into Sri Lanka Rupees

Taking into consideration the macro-economic developments, in particular the developments in domestic foreign exchange market conditions, Central Bank of Sri Lanka issued the “Repatriation of Export Proceeds into Sri Lanka Rules No. 01 of 2024” (Rules), which was published in the Gazette Extraordinary No. 2391/02 dated 01.07.2024, in terms of the Central Bank of Sri Lanka Act, No. 16 of …

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Central Bank of Sri Lanka Co-hosted the 5 th CBSL-ADBI-APAEA Macroeconomics Conference

The Central Bank of Sri Lanka (CBSL) in collaboration with the Asian Development Bank Institute (ADBI) and the Asia-Pacific Applied Economics Association (APAEA), co-hosted the CBSL-ADBI-APAEA Macroeconomics Conference for the fifth consecutive year on 06 September 2024. This year’s conference theme was ‘Inflation and Exchange Rate Dynamics in Asia and the Pacific. Inaugurating the Conference, Dr Nandalal Weerasinghe, the Governor …

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Elon Musk on pace to become world’s first trillionaire by 2027

In addition to world’s richest person, who has $251bn, report names others on track to receive trillionaire status Elon Musk is on pace to become the world’s first trillionaire by 2027, according to a new report from a group that tracks wealth. Informa Connect Academy’s finding about the boss of electric carmaker Tesla, private rocket company SpaceX and social media …

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Elon Musk on pace to become world’s first trillionaire by 2027

In addition to world’s richest person, who has $251bn, report names others on track to receive trillionaire status Elon Musk is on pace to become the world’s first trillionaire by 2027, according to a new report from a group that tracks wealth. Informa Connect Academy’s finding about the boss of electric carmaker Tesla, private rocket company SpaceX and social media …

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iPhone 16 series to come with Apple Intelligence AI features: All you need to know

The wait is almost over for Apple fans, as the much-anticipated iPhone 16 series is set to be launched at the ‘It’s Glowtime’ event. Alongside the iPhone 16, Apple is expected to unveil the latest Apple Watch and AirPods models. With the entire tech world watching, the iPhone 16 series promises to introduce cutting-edge AI features under the new Apple …

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Deepika Padukone-Ranveer Singh embrace parenthood

Deepika Padukone and Ranveer Singh have finally embraced parenthood as they welcome their first child on Sunday, September 8, 2024. The couple are blessed with a baby girl on the auspicious festive season of Ganesh Chaturthi. On Friday, the couple visited the iconic Siddhivinayak Temple in Mumbai ahead of Ganesh Chaturthi, seeking blessing from Lord Ganesha. Several pictures and videos of the ‘Jawan’ star …

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Government debt rises despite restructuring efforts in Q2 2024 – Ministry of Finance

Despite finalising debt restructuring agreements with official creditors and International Sovereign Bond (ISB) holders, the government’s total debt marginally increased by 0.25 per cent in the second quarter of 2024, according to the latest quarterly debt report of the Ministry of Finance. The report highlighted that the government’s total debt reached Rs.100.65 billion by the end of June 2024, up …

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