In a significant move the government has announced the lifting of the temporary suspension on motor vehicle imports, effective October 1, 2024. This decision comes after over four years of stringent import restrictions that were initially imposed to safeguard the country’s foreign exchange reserves during the economic crisis. The import ban, introduced in March 2020, was aimed at curbing the …
Continue Reading
As part of on-going efforts to support economic recovery and ease the burden on mid-level income earners, the government has announced proposed adjustments to the Personal Income Tax (PIT) structure. These changes are aimed at maintaining fiscal responsibility while providing relief to those most affected by recent tax reforms introduced in early 2023. The Cabinet Memorandum outlines a proposed amendment …
Continue Reading
The International Monetary Fund (IMF) Communications Department Director Julie Kozack said it is ready to move forward with programme discussions after the Presidential election is held and a new government is formed based on the choice of the people. Julie Kozack made these remarks while responding to a question whether it is possible to renegotiate or revisit the debt sustainability …
Continue Reading
President Ranil Wickremesinghe announced that the country will soon see the establishment of numerous new educational institutions, both public and private. These new institutions will provide young people with opportunities for higher education that meet global standards. The President made this statement during a ceremony this morning (12) at the Galle Face Hotel, Colombo, where he inaugurated the “Times School …
Continue Reading
Rock legend Jon Bon Jovi has been praised by police for helping a woman in distress who was on the ledge of a bridge in Nashville, Tennessee, on Tuesday night. The Metropolitan Nashville Police Department shared a video of the Bon Jovi frontman and his team who were at the John Seigenthaler Pedestrian Bridge when the woman was standing precariously …
Continue Reading
Australia plans to set a minimum age limit for children to use social media citing concerns about mental and physical health, sparking a backlash from digital rights advocates who warn the measure could drive dangerous online activity underground. Prime Minister Anthony Albanese said his centre-left government would run an age verification trial before introducing age minimum laws for social media …
Continue ReadingAustralia plans to set a minimum age limit for children to use social media citing concerns about mental and physical health, sparking a backlash from digital rights advocates who warn the measure could drive dangerous online activity underground. Prime Minister Anthony Albanese said his centre-left government would run an age verification trial before introducing age minimum laws for social media …
Continue Reading
Pursuant to requests from the Sri Lankan community in Italy to the Embassy to provide consular services on weekends, the Embassy of Sri Lanka in Rome launched its first trial weekend service on 08th September 2024 from 9.00 a.m. to 1.00 p.m. The provision of weekend services is expected to facilitate Sri Lankans living in different provinces of the country …
Continue Reading
A large number of countries took the floor in support of Sri Lanka during the Interactive Dialogue on Sri Lanka at the 57th Session of the Human Rights Council (HRC) that commenced in Geneva on 09th September 2024. The countries commended the progress made by Sri Lanka in the past two years including stabilizing the economy, social protection measures as well …
Continue Reading
Director of Socio- Economics and Planning at the Department of Agriculture, Dr. Chamila Chandrasiri said there has been a threefold hike in prices of essential food items since 2022. She told the Daily Mirror that the surge in output prices is due to a rise in machinery and labor costs. “The Department of Agriculture has implemented long term programs to …
Continue Reading
