A top European Union court on Tuesday told Google it would have to pay a €2.4 billion fine brought forth by the bloc’s antitrust regulators seven years ago, just as the court rejected Apple’s final legal challenge against an order from the European Commission to repay €13 billion in back taxes to Ireland. A top EU court on Tuesday delivered …
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Reports claiming that the Cabinet has not yet approved the salary increase for public sector employees set to be implemented in 2025 are false and the necessary approval has already been granted. On May 27, 2024, under Cabinet Decision No. 24/Misc. (020), a study was initiated to address salary disparities among different public sector groups. A special committee was appointed …
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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 …
Continue ReadingThe 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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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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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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Sri Lanka beat England in the third and final Test match at The Oval to rise above the hosts in ICC World Test Championship Standings. Sri Lanka’s Test wins in England – By 10 wickets – The Oval, 1998 – By 134 runs – Trent Bridge, 2006 – By 100 runs – Headingley, 2014 – By 8 wickets – The …
Continue ReadingSri Lanka beat England in the third and final Test match at The Oval to rise above the hosts in ICC World Test Championship Standings. Sri Lanka’s Test wins in England – By 10 wickets – The Oval, 1998 – By 134 runs – Trent Bridge, 2006 – By 100 runs – Headingley, 2014 – By 8 wickets – The …
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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 …
Continue ReadingIn 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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