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Aquaculture and Mariculture for Sustainable Economic Growth in Sri Lanka

A.D. Udari Kalpani Rupasingha By : A.D. Udari Kalpani Rupasingha Aquaculture is the controlled farming of aquatic animals and plants such as finfish, crustaceans, mollusks, aquatic plants and seaweed. Mariculture, on the other hand, is a type of aquaculture that...

Meeting Between President and Australian Deputy Prime Minister

President Anura Kumara Disanayake held discussions with the Deputy Prime Minister and Minister for Defence of Australia Richard Marles at the Presidential Secretariat this morning (03). The meeting focused on further strengthening the historic ties between Sri Lanka and Australia,...
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Strategic Plan Launched to Revitalize Sri Lanka’s Dairy Industry

President Anura Kumara Disanayake held a discussion this morning (03) at the Presidential Secretariat with senior officials of the Ministry of Agriculture, focusing on the revitalization of the local dairy industry. The meeting centred on the need to transform MILCO...

“Your Tax – Your Future” – “Badu Shakthi – National Tax Week” Launched to Strengthen Tax Compliance and Broaden the Tax Base

We have created a political culture that does not waste or misuse the taxpayers’ money. President Anura Kumara Disanayake emphasized that he gives the nation his assurance that not a single rupee of the tax money paid by the people...

National Credit Guarantee Institution commences operations

National Credit Guarantee Institution Limited (NCGIL) commenced its operations in January and issued the first set of guarantees to 3 Financial Institutions (FIs) to partly cover the loans approved by them for 3 Micro, Small and Medium enterprises (MSMEs). Under...

Exports top $ 5.5 b mark in first four months

Sri Lanka’s export sector has demonstrated remarkable resilience and steady progress during the first four months of 2025, with total exports reaching $ 5.583 billion, marking a robust 6.9% increase compared to the same period in 2024. The Sri Lanka Export...

Miss England finalist Milla Magee quits Miss World, says she was made to feel ‘like a prostitute’

Miss England Milla Magee withdrew from the Miss World competition due to moral objections. Magee criticised the treatment of contestants in Hyderabad, calling the environment demeaning and objectifying, and claimed the organisation is outdated. She said she was made to...

The Central Bank of Sri Lanka further reduces the Overnight Policy Rate (OPR)

The Monetary Policy Board decided to reduce the OPR by 25 bps to 7.75% at its meeting held yesterday, thereby easing monetary policy further. The Board arrived at this decision after carefully considering the developments both domestically and globally. The...

Advocata urges Govt. to reassess recent price controls on bottled water

The Advocata Institute has urged the Government to reassess the recent price controls imposed on bottled water.Effective 1 April 2025, the Sri Lanka Consumer Affairs Authority (CAA), through an Extraordinary Gazette notification, imposed price controls on bottled drinking water manufactured...

CBSL Chief dismisses likelihood of 44% tariff on Sri Lankan exports amid US trade tensions 

Central Bank of Sri Lanka (CBSL) Governor Dr. Nandalal Weerasinghe last Friday stated that the imposition of a 44% reciprocal tariff on Sri Lankan exports to the US is unlikely, citing ongoing diplomatic engagement and recent developments in global trade...
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