Finance Ministry sets up special committee to address MSME challenges

The Finance Ministry yesterday announced that it has initiated the formation of a special advisory committee to address challenges faced by Micro, Small and Medium-sized Enterprises (MSMEs) in implementing the Parate law, a legal provision that allows banks to seize collateral from loan drafters without Court intervention. The Ministry said the committee aims to provide sustainable solutions and develop policy …

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Beyoncé wins album of the year at the 2025 Grammys for ‘Cowboy Carter’

Beyoncé won album of the year for “Cowboy Carter” at Sunday’s Grammys, delivering her — at last — the show’s elusive top award. The superstar, who is both the most awarded and nominated artist in Grammys history, has been up for the category four times before and many feel she has been snubbed by its top honors. In winning album …

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Sri Lanka’s Ishadi Amanda crowned 1st Runner-Up at Mrs. World

Sri Lanka’s Ishadi Amanda has etched her name in history by becoming the first runner-up at the 40th Mrs. World pageant held in Las Vegas, USA. The title of 40th Mrs. World was claimed by South Africa’s Tshego Gaelae, while Thailand’s Ploy Panperm was named the 2nd Runner-Up. Ishadi Amanda earned the opportunity to represent Sri Lanka on the global …

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Sri Lanka set to launch ‘GovPay’ digital payment platform

As the initial step in the digitalization of government services, the ‘GovPay’ digital payment platform will be launched by the government of Sri Lanka on February 07. Accordingly, the launch ceremony will be held on February 07, under the patronage of President Anura Kumara Dissanayake. This platform is expected to streamline and modernize transactions conducted through government institutions, enabling seamless …

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Jayasuriya blames irresponsible batting for crushing defeat in Galle

Sri Lanka’s head coach, Sanath Jayasuriya has laid the blame for his team’s heavy defeat at the feet of the batsmen, calling their performance in Galle “irresponsible” following a crushing loss to Australia by an innings and 242 runs.  Speaking at a media conference after the match, Jayasuriya expressed disappointment with the batting display and emphasised the need for greater …

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Australia defeat Sri Lanka by an innings and 242 runs to go 1-up in Murali-Warne Test Series

Australia recorded their biggest win over Sri Lanka by an innings and 242 runs in also beating a highly forecast rain to bowling out the host team for 165 and 247 in claiming 15 wickets on the penultimate fourth day of the Murali-Warne first test match to go 1-up at the Galle International Cricket Stadium on Saturday. Sri Lanka’s last …

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Government Allocates Record-High Budget for Capital Expenditure

• Several decisions by the government to facilitate investors• A nation cannot progress without a transformative shift in public attitudes.• Economic resources and opportunities must be introduced at the village level.• Plans to prepare Sri Lanka for a transformation in Southeast Asia• Moving from an individual-targeted aid approach to a community empowerment model• Companies unable to provide a daily wage …

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Johann Peries – first Sri Lankan to summit tallest mountain in Antarctica

Johann Peries summits the tallest mountain in Antarctica – Mount Vinson – at 4,892 metres, to become the first Sri Lankan to achieve the feat, sources said. In 2018, Johann Peries made history as the second Sri Lankan to summit Mount Everest, a monumental achievement that solidified his place in the country’s mountaineering legacy. His extraordinary journey continued as he …

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Four SL Cricketers Named in ICC Men’s ODI Team of the Year 2024

The International Cricket Council (ICC) has officially announced its 2024 ODI Team of the Year, and Sri Lanka has emerged as a dominant force, with four players making the prestigious list. Charith Asalanka, the Sri Lankan captain, has been appointed as the leader of the squad. Asalanka, who has been in exceptional form, will captain a team that also includes …

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