Can't print ballot papers as no funds received- Govt. printer informs EC
Government Printer Gangani Kalpana Liyanage informed the Election Commission yesterday that since there is no sign of receiving money from the Treasury, they cannot start printing ballot papers for the forthcoming Local Government elections.
Central Bank disputes Fitch Solutions’ forecast on rupee
Disputing the grim forecast of Sri Lanka’s exchange rate by Fitch Solutions by the year-end, Central Bank Governor Dr. Nandalal Weerasinghe raised concerns on the basis of the forecast while stressing that such long-term predictions on exchange rate are not prudent.
Proposed CB law will pave way for unpopular but essential decisions
The new Monetary Law Act, which aims to grant independence to the Central Bank with enhanced accountability, will empower the monetary authority to make unpopular but essential decisions in prioritising price stability in the country under a flexible inflation target framework, a top official said.
In search of a scapegoat: Who is at blame for the fall of SVB?
As the dust settles around the shocking collapse of Silicon Valley Bank and analysts begin to assess the damage, an important question has emerged: Who should we blame for this mess?
Submit accounts or face termination: EC warns political parties
Failure to submit audited statements of accounts for the year 2021 within 14 days will result in the termination of the right to be treated as a recognized political party, the Election Commission informed political parties today.
President assures transparent, fair debt restructuring effort
In an open letter to Sri Lanka’s official bilateral creditors, President Ranil Wickremesinghe yesterday assured that safeguards will be put in place to ensure equitable burden sharing and comparability of treatment.
Economy suffers worst contraction in 2022
Sri Lanka’s economy suffered its worst fall in 2022, with the GDP contracting 7.8 percent as the further quarter economic growth clocked in at negative 12.4 percent.
India's highest-paid athletes: Top 10 salaries
India's highest-paid athletes: Top 10 salaries
Russian spy group arrested in Poland - officials
Radio station RMF FM reported that Polish security services had broken up a spy network working for Russia.
Sri Lanka rupee appreciation brings good and bad results
Sri Lanka’s rupee is set to decline and lose almost a fourth of its value against the dollar by end-2023, according to. Bloomberg report.
More...
U.S. panel recommends extending grace period for H1-B workers to 180 days
A presidential advisory sub-committee has recommended the federal government to extend the grace period for H1-B workers, who have lost their jobs, from the existing 60 days to 180 days so that the workers have enough opportunities to find a new job or other alternatives.
Professionals Trade Union Collective to call off strike 8am tomorrow
The Professionals Trade Union Collective has decided to call off the 24-hour general strike at 8.00 am tomorrow.
China’s Sinopec to fully finance the Hambantota refinery construction
China’s Sinopec has offered to fully finance the construction of a refinery in Hambantota, the President’s Media Division said.
India expedites the 4000 housing project for Sri Lanka plantation workers.
India and Sri Lanka has agreed to expedite the completion of the housing project for the benefit of workers living in plantation areas.
High Commissioner of India Gopal Baglay and Minister of Water Supply and Estate Infrastructure Development, . Jeevan Thondaman exchanged diplomatic notes, paving way for a three-fold increase in unit cost of a house under Phase-3 of Indian Housing Project (IHP).