A Robust Data System is Essential for a Strong Food Security Policy Framework

Minister of Trade, Commerce, Food Security, and Cooperative Development Wasantha Samarasinghe, along with members of the Food Policy and Security Committee, convened for the second time today (10) at the Presidential Secretariat. During the discussion, the critical need for a robust data system to support policy decisions on ensuring food security was strongly emphasized. The primary objective of the committee …

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26th Presidential Export Awards Ceremony

MAS Capital (Pvt) Ltd Wins Exporter of the Year Award for 2023/24 The 26th Presidential Export Awards Ceremony, organized by the Sri Lanka Export Development Board (EDB), was held on Friday, February 7, 2025, at the Bandaranaike Memorial International Conference Hall under the patronage of His Excellency Anura Kumara Dissanayake, President of the Democratic Socialist Republic of Sri Lanka. During …

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How turmeric can be used to attract wealth and remove negativity

Turmeric, a vibrant yellow spice often found in kitchens, goes beyond its culinary uses to play a role in traditional practices associated with attracting wealth and dispelling negativity. Known for its rich cultural and medicinal significance, turmeric is revered not only for its flavor but also for its perceived auspicious properties. In various cultures, turmeric has been considered a symbol …

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The reason for the coconut shortage is that no government has had a proper policy to develop coconut cultivation – PM

Prime Minister Dr. Harini Amarasuriya stated in Parliament yesterday (05) that the coconut shortage has arisen due to the fact that no government has had a proper policy to develop coconut cultivation. The Prime Minister stated that the current government is formulating a proper policy to develop coconut cultivation and that several short-term programmes are being followed in this regard.She …

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Is screen time and stress contributing to rise of cancer in younger population?

The rapid advancement of technology, combined with the changing lifestyles of the younger population, has brought about new health concerns, such as the possible relationship between increased screen time, stress, and the increase in cancer. Cancer has long been a disease associated with older people, but the increasing rate of the disease among younger people calls for the investigation of …

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Money market returns to surplus after two years

Sri Lanka’s domestic money market liquidity recorded a surplus of Rs. 168.1 billion by the end of December 2024, marking the first positive liquidity balance in two years. The Central Bank attributed this shift primarily to foreign exchange purchases and swap transactions. According to the Market Operations Report, liquidity conditions in the domestic money market have been improving since April …

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Digital government payments to launch

The initial step in the digitalisation of government services, ‘GovPay’, will be officially launched under the patronage of President Anura Kumara Dissanayake on Friday (7). This platform is expected to streamline and modernise transactions conducted through government institutions, enabling seamless and secure transactions through an efficient digital system, the President’s Media Division (PMD) said. The Information and Communication Technology Agency …

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ADB-SLTDA introduce e-learning platform to enhance homestay mgmt

The Sri Lanka Tourism Development Authority (SLTDA), in collaboration with the Asian Development Bank (ADB), has launched an innovative e-learning platform aimed at improving the management and operational standards of homestays across Sri Lanka. The initiative is part of ADB’s technical assistance programme (TA 9881 SRI: Supporting Tourism Resilience) and is designed to build resilience and sustainability within the tourism …

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Coconut industrialists urge shift to processed products for export revenue growth

Coconut Milk Manufacturers’ Association (CMMA) President Randeewa Malalasooriya says that the nation’s coconut industry has the potential to bring in $ 2.5 billion as revenue up from the current industry average of $ 850 million. Malalasooriya further stated that the country must improve the annual coconut production to 4.5 billion nuts in the long term while also focusing on the …

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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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