Unusual activities are being reported in the areas where the elephants are being cased or captured to prevent elephant-human conflicts, advisor to the board of the Association of Veterinarians for Humane Management of Animal Population, Dr. Chamith Nanayakkara said. He told that many elephants which are refusing to leave are stuck in the Oyamaduwa area. The elephants are currently within …
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Samsung is gearing up to launch its Galaxy S25 series early next year, and a new model, the Galaxy S25 Slim, is set to steal the spotlight. This slim and compact flagship phone will debut with groundbreaking ALoP (All Lens on Prism) camera technology, making it Samsung’s thinnest smartphone yet. ALoP Technology: Reducing the camera bump The standout feature of …
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Efforts to capture and sterilize toque macaques planned by the government has hit a snag. This is due to the shortage of veterinary surgeons, transport facilities and other facilities at the Giritale Sterilizing Centre while an environmentalist said sterilizing will create more issues. Deputy Minister of Buddha Sasana, Religious and Cultural Affairs and Chairman of Matale District Coordinating Committee Gamagedara …
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The Ministry of Digital Economy has unveiled a specialized program aimed at boosting digital payment adoption. Deputy Minister Eranga Weeraratne informed the Daily Mirror that approximately 1% to 1.5% of the nation’s annual gross domestic product (GDP) is expended on transactions involving physical currency. He emphasized that cash-based payments can contribute to greater risks of fraud and corruption, as well as inefficiencies …
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The Sri Lanka Export Development Board (EDB), in collaboration with the Sri Lanka Automotive Component Manufacturers Association (SLACMA) and Technobiz Lanka, successfully conducted a two-day workshop on Dry Rubber Compounding Technology and Plant Management. The event held at the EDB headquarters, aimed to enhance the skills and knowledge of technical professionals in the rubber manufacturing industry, including those serving the …
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A press briefing on the economic stabilization process and the proposed relief packages for the public was held today (26) at the Presidential Media Center (PMC). Minister of Labor and Deputy Minister of Economic Development, Dr. Anil Jayantha Fernando, along with Deputy Minister of Finance and Planning, Dr. Harshana Suriyapperuma, attended in the briefing. The media statement released during the …
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Total exports for November 2024, including both merchandise and services, were recorded at US$ 1,269.33 million, reflecting a marginal increase of 0.04% compared to the same period in 2023. As per the provisional data released by the Sri Lanka Customs, the merchandise export performance in November 2024 amounted to US$ 943.1 million, reflecting a 5.6% decline compared to November 2023. …
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Dec 23 (Reuters) – Credit ratings agency Moody’s on Monday raised Sri Lanka’s long-term foreign currency issuer rating to ‘Caa1’ from ‘Ca’ with a stable outlook, after the country’s creditors approved a $12.55 billion debt overhaul last week. Sri Lanka’s credit profile reflects the reduction in external vulnerability and government liquidity risk, and prospects for fiscal and debt sustainability, Moody’s …
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A high-level discussion on the critical preparations for Sri Lanka’s upcoming Mutual Evaluation (ME) by the Asia/Pacific Group on Money Laundering (APG) was held today (23) at the Presidential Secretariat under the patronage of President Anura Kumara Disanayake. The meeting focused on preventing money laundering and countering terrorism financing (AML/CFT) and included participation from cabinet ministers, ministry secretaries, officials from …
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The Central Bank of Sri Lanka issued a Circular to Licensed Banks on 19.12.2024, highlighting relief measures to be provided to the Small and Medium Enterprises (SMEs) affected due to the Easter Sunday attack, COVID-19 pandemic, and the extraordinary macroeconomic conditions that prevailed during the recent past, as agreed by the Sri Lanka Banks’ Association (Guarantee) Ltd. (SLBA) during the …
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