UK’s Trade Commissioner for South Asia begins inaugural visit to Colombo
His Majesty’s Trade Commissioner (HMTC) of UK for South Asia, Harjinder Kang, is visiting Colombo from 21 to 23 January 2025.
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Women in Sri Lanka empower to Navigate New Horizons with Maritime Training
News of the Day
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FCID to resume next week to clear backlog of 29,000 Fin crime files
The Government has decided to establish the Financial Crime Investigation Division (FCID) next week and investigations will be carried out promptly into all cases related to financial crimes that have not been properly probed in the past, Public Security Minister Ananda Wijepala told Parliament yesterday.
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CCCI calls for urgent Govt. action on local coconut crisis
The Ceylon Chamber of Coconut Industries (CCCI) yesterday called for immediate Government intervention to address an unprecedented coconut shortage threatening both domestic consumption and the export potential of the industry.
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Central Bank to regulate Informal Money Transfer Systems
The Central Bank has taken steps to regulate informal money transfer systems including Undial and Hawala to ensure financial stability and prevent illicit activities.The Undial and Hawala systems are informal, trust-based methods of transferring money, common in South Asia and West Asia.
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Domestic aviation faces turbulence
A scathing critique by the Aircraft Owners and Operators Association (AOAOA) yesterday, detailed the severe crisis the domestic aviation industry faces due to a combination of unresolved safety concerns, regulatory shortcomings, and systemic inefficiencies.
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Better if MR leaves his residence without waiting till asked to: Nalinda
It is better for former President Mahinda Rajapaksa to leave his residence without waiting till he is asked to do so, Cabinet spokesman Dr. Nalinda Jayatissa said today.
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Over 12,000 traffic violations identified via CCTV in Colombo
Sri Lanka Police launch advanced Traffic Violation Software
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President says no personal revenge in reclaiming former presidents’ residences
The issue of handing over the Presidential residence came to the forefront when the government started fulfilling its election promises. However, this is not a personal issue or an act of revenge against anyone, President Anura Kumara Dissanayaka said in a television programme last night.
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Sri Lanka central bank net foreign exchange reserves rise to US$310mn
Sri Lanka central bank’s net foreign assets rose to about 310 million US dollars in November 2024, official data show, as it bought foreign exchange outright through deflationary policy and also settled reserve related liabilities.
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