South Asia Agri Forum 2025 to be held in Sri Lanka
Bharat Subcontinental Agri Foundation (BSAF) is scheduled to organise South Asia Agri Forum – an event discussing the evolving scenario of pulses, grains, dry fruits,
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Fraudulent vehicle imports incur loss of Rs. 3 bn in tax revenue
A high-profile fraud involving over 200 luxury vehicle imports has been unearthed, amounting to a colossal loss to the government owing to non-payment of tax.
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Sri Lanka’s Debt Restructuring gains momentum
Sri Lanka’s efforts to address its debt crisis have gained significant momentum as bondholders representing the country’s US $12.55 billion in International Sovereign Bonds (ISBs) have committed to debt restructuring.
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Interim Vote on Account to cover initial 2025 expenditures
The interim Vote on Account for recurrent and capital expenditures, the servicing of public debt,
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Govt. gives Rs. 44 billion boost for locally manufactured medicines
The Government has approved the procurement of medicines and medical supplies worth over Rs. 44 billion from local manufacturers, aiming to address shortages in hospitals and clinics, while giving a boost to the pharmaceutical industry.
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Sri Lanka to expand blue economy with marinas in 21 fishery harbours
Sri Lanka has untapped potential in marine linked activities, with 1,340 kilometres of coastline and two seasons that allow year-round action, and can be expanded into a billion US dollar industry quickly, an industry official said.
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Development Officers.create ense situation near Education Ministry
A tense situation has been reported in front of the Ministry of Education at Isurupaya, Battaramulla as the police attempted to disperse protesting Development Officers.
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Committee report on privileges of MPs and ex-Presidents presented to President
The report of the committee which was appointed to review the allowances, perks and privileges provided to Members of Parliament, Ministers and former Presidents has been handed over to President Anura Kumara Dissanayke.
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Hambantota Port gets a USD 41 million state-of-the-art crane
The Hambantota International Port Group (HIPG) announced a significant investment of US dollars 41 million in state-of-the-art crane technology, set to be fully operational by January 2025.
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Sri Lanka’s Inflation Remains Negative for Third consecutive Month
Sri Lanka’s headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100), remained in negative territory for the third consecutive month, recording a deflation of 2.1% in November 2024.
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