Navy renders assistance for successful conduct of Centennial Anniversary of the coronation of Our Lady of Madhu

The feast of the Shrine of Madhu in Mannar, celebrating the Centennial Anniversary of the coronation of Our Lady of Madhu, was held under the patronage of His Eminence Malcolm Cardinal Ranjith, the Archbishop of Colombo on 02nd July 2024. The Sri Lanka Navy facilitated the proceedings of the event, for the convenience of devotees. Following the supervision of Rear …

Continue Reading

NMRA introduces new drug pricing mechanism

The National Medicines Regulatory Authority (NMRA) has introduced a new pricing mechanism aimed at determining the maximum retail price (MRP) for specific dosages and strengths of medicines.  This regulatory initiative, outlined in a Gazette under the National Medicines Regulatory Authority Act, No. 5 of 2015, reflects extensive consultation with the Pricing Committee, Consumer Affairs Authority, and various stakeholders. The formulation …

Continue Reading

SJB rules out national government – Ranjith Madduma Bandara

The SJB parliamentary group unanimously approved a resolution that the party will not support any national government under President Ranil Wickremesinghe, SJB General Secretary Ranjith Madduma Bandara said today. The resolution was proposed by MP Buddika Pathirana when the Parliamentary Group met this morning. “We declined a national government proposal by President Wickremesinghe two years ago. We renewed this decision …

Continue Reading

CCPI based headline inflation accelerated in June

Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100) accelerated to 1.7% in June 2024 from 0.9% in May 2024. This acceleration in the headline inflation is broadly in line with the projections of the Central Bank of Sri Lanka (CBSL). Even with this acceleration, inflation remained well below the inflation target …

Continue Reading

Uncertainty over Achieving Debt Sustainability Ends – Shehan Semasinghe

State Minister for Finance Shehan Semasinghe, announced that all uncertainties surrounding Sri Lanka’s debt sustainability have been resolved. He noted that while the international community has shown optimism about Sri Lanka’s debt restructuring, some local parties remain sceptical for political reasons. State Minister Semasinghe made these remarks during the press briefing titled “Collective Path to a Stable Country” held at …

Continue Reading

Aswesuma, Urumaya Programs Launched Alongside New Industries to Combat Malnutrition, Poverty, Deprivation

President Ranil Wickremesinghe stated that the government has initiated programs such as Aswesuma and Urumaya, and is creating new job opportunities for the youth by establishing new factories in the country to combat malnutrition, poverty, and unemployment. Addressing Parliament today (02), the President responded to the Opposition Leader’s question by emphasizing that malnutrition, poverty, and unemployment are detrimental. He questioned, …

Continue Reading

Full Story: Misinformation Spread About Debt Restructuring and Related Matters

President Ranil Wickremesinghe highlighted today in Parliament that false propaganda regarding debt restructuring and related matters are being spread by various individuals both inside and outside the parliament. He emphasized that while the government pursues policies beneficial for the country, critics continue to fabricate different narratives solely for political gain. The President underscored that Sri Lanka has achieved a significant …

Continue Reading

The CPF approves the Telecommunications (Amendment) Bill

The Sri Lanka Telecommunications (Amendment) Bill to amend the Telecommunications Act was considered at the Committee on Public Finance to which the said approval was granted. This was approved when the Committee on Public Finance met in Parliament on 25.06.2024 under the Chairmanship of Hon. (Dr.) Harsha de Silva, Member of Parliament. Officials representing Attorney General’s Department, Ministry of Technology, …

Continue Reading

President commends Sampanhan’s Unwavering Commitment to Sri Lanka’s Territorial Integrity

President Ranil Wickremesinghe emphasized that the late leader of the Tamil National Alliance (TNA), MP R. Sampanthan, consistently advocated for Sri Lanka’s territorial integrity and held his distinct perspective on power-sharing. President Wickremesinghe noted that as show of appreciation for Mr. Sampanthan’s significant contributions in this regard; completing the tasks he started would be the best tribute to his legacy. …

Continue Reading

Newsletter

Register now to get latest updates on promotions & coupons.

Social