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Sri Lanka’s rupee opened with minimal movement on Friday, hovering around 301.75/80 per US dollar. This is a slight change from the previous day’s closing rate of 301.85/90. Bond Yields Mixed The bond market also saw mixed signals. While some bonds like the one maturing on December 15th, 2026, remained stable at 9.70/80 percent, others
Chinese President Xi Jinping has emphasized the importance of raising awareness and engaging communities in the protection of the Great Wall to preserve this cherished heritage for future generations. In a letter responding to villagers near the Badaling Great Wall, President Xi commended their efforts in safeguarding the iconic structure and promoting its cultural significance.
Minister of Agriculture and Plantation Industries, Mahinda Amaraweera, conveyed President Ranil Wickremesinghe’s announcement to the Cabinet, stating that the government cannot afford to offer any salary increase to government employees this year. This decision was reiterated during discussions with union representatives from the animal production and livestock development sector. Despite requests from trade union representatives
A recent search operation conducted by the Navy near Pandaraweli beach in Silawathura led to the apprehension of two individuals caught in the act of preparing approximately 3500 illegally harvested sea cucumbers for transportation. The Navy also seized the cab used for this illicit activity. The Navy’s vigilant patrols and search operations in coastal and
The Meteorology Department has issued a warning regarding the anticipated increase in showery and windy conditions over the next few days, attributed to pre-monsoonal activity across the country and surrounding sea areas. Heavy rainfall is forecasted, particularly in the South-western regions including the Western, Sabaragamuwa, Central, and North-western provinces, as well as in Galle, Matara,
Law Professor and Attorney Dr. Prathibha Mahanamahewa emphasized the importance of swiftly implementing new rules and regulations to bolster sustainable economic growth. He stated that alongside the government’s efforts to strengthen law enforcement against theft, there’s an urgent need to enact measures that empower the economy. Under the current President’s leadership, over 75 new laws
Examinations Commissioner General Amith Jayasundara addressed the media yesterday, announcing adjustments to the G.C.E. Ordinary Level Examination 2023 (2024) Science Paper 1. Responding to complaints, it was decided to award one mark each for questions No. 9 and 39, following controversy surrounding the exam. The decision stemmed from concerns over questions outside essential teachings, which
State Minister Pramitha Bandara Tennakoon has reiterated the government’s commitment to combatting human trafficking, emphasizing strict enforcement of the law regardless of social status. Speaking at a media briefing under the theme “Collective Path to a Stable Country,” Tennakoon highlighted the imposition of severe penalties on offenders. During the briefing, Tennakoon disclosed the arrest of
The 2005 Presidential Election in Sri Lanka was fraught with intricate dynamics and strategic maneuvers by key political players. Speculation suggests that had the North East Voters not been influenced by Prabhakaran, Ranil Wickremesinghe might have emerged victorious. However, Mahinda Rajapaksa, backed by the Chandrika Bandaranaike’s government, secured the presidency, despite the challenges posed by
President Ranil Wickremesinghe has taken decisive action to accelerate the allocation of lands to war heroes by appointing a special committee. Chaired by the President’s Secretary, Saman Ekanayake, the committee comprises senior officials from various key departments, including the Defence Ministry, the Land Commissioner General, and the Ranaviru Seva Authority. The initiative aims to provide