People’s Leasing & Finance PLC, a trusted name in Sri Lanka’s non-banking financial sector, has introduced the GoldCash card, an innovative financial tool available to customers from October 1. This new product offers a convenient, flexible, and secure method for individuals to leverage their gold assets for credit. Speaking on the launch, CEO Sanjeewa Bandaranayake
Sri Lanka recorded over 70,000 tourist arrivals in the first 17 days of September, according to provisional data from the Sri Lanka Tourism Development Authority (SLTDA). From 1 to 17 September, a total of 70,678 international visitors entered the island, pushing the year-to-date arrivals to 1.43 million. However, the average daily arrivals have dropped to
The Central Bank of Sri Lanka (CBSL) issued a statement today clarifying that, although September 23, 2024, is a public holiday, it is not a bank holiday. This announcement comes in response to a special media release from the Director General of the Government Information Department, which noted that the Secretary to the Ministry of
COLOMBO, Sri Lanka – Sri Lanka’s Trade Minister, Nalin Fernando, has announced that the government is considering imposing price controls on cement. This move comes amid concerns over high building material costs, despite existing protectionist taxes on steel and tiles. Minister Fernando stated, “We will announce a maximum retail price for cement once companies discuss
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