Sunday, 10 Sep 2023
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A directive by the Director General, Technical of the Ministry of Transport to the General Manager of Railways to terminate an agreement on the local renovation of train compartments is likely to lead to a loss of Rs.5,200 million to the Government, Railways sources said.Before this directive was issued, the local company Tantri had saved foreign exchange amounting to Rs. 42,500 million by renovating and...
A group of Government MPs was granted leave to do other essential duties at the time the Inland Revenue (Amendment) Bill was taken up for vote as the ruling party was convinced that it could be passed with a majority, the office of the Chief Government Whip said.MPs Lohan Ratwatta, Tissa Kuttiarachchi, Jagath Kumara, Namal Rajapaksa and Johnston Fernando had informed the Chief Government Whip office that...
President Ranil Wickremesinghe has decided to set up a committee comprising three retired senior Government officials to conduct an investigation on the program broadcast by British Channel 4 regarding the Easter Sunday attacks. Three members representing the Police, Attorney General’s Department and the Civil Service will be appointed to the committee.According to the decision taken by the President at...
The people are feeling the sting of the adjustments made to the economy on the heels of the economic collapse of 2022. People who are barely eking out an existence cannot be bamboozled with statistics, theories or talk. They feel the pinch in terms of the money they can spend on education, on health, and on bare essentials.In the melee, they face even more depressing news. Their pension monies in the form...
India hosts G20 Summit:
Fresh from the successful 15th Summit meeting last month of BRICS, the geopolitical bloc in which it is the leading power, China has now pushed itself again into the global limelight with brash claims of regional dominance at sea and on its mountain borderlands with rival power, India.New Delhi, currently hosting the prestigious 18th annual summit of the Group of 20 biggest national economies (G20) this...
Last week President Ranil Wickremesinghe made plans to do what needs to be done to get the support of the International Monetary Fund (IMF) and the World Bank. He went to Parliament on Tuesday with that aim.President Wickremesinghe, who stayed outside Colombo the previous weekend, stayed in Colombo this time. He came to office on Monday morning and joined a number of scheduled meetings. The Cabinet meeting...
Sri Lanka Cricket (SLC) has been further rocked this time from the inside, as a sacked official alleged that his bosses by halting the domestic game are attempting to hoodwink the International Cricket Council (ICC) that a government plot is in the making to destabilize the sport in the country.Anura Weerasinghe who was the main coordinator of SLC’s National Development Committee fell foul with his masters...
Galoya Plantations creates history
Galoya Plantations is set to rewrite Sri Lanka’s energy history by producing CNG (CH4) using molasses-based vinash, a by-product of the sugar industry which can be used as an alternative to LPG.Since the 1970s, sugarcane in Brazil has been used as a source of energy for electricity and biogas (Biomethane). Today, many cities, including Narandiba, Pirapozinho, and Presidente Prudente, with a combined...
