News Room : Sirisena denies any profligacy as President – The Island

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Amendments to Exchange Control Act contemplated By Shamindra Ferdinando State Finance Minister Ranjith Siyambalapitiya yesterday (07) said the government would introduce some amendments to the Exchange Control Act No 12 of 2017 as part of its response to the continuing financial crisis. The SLFPer mentioned that amendments were necessary to restore the authority exercised by the Central Bank in respect of regulation...

News Room : Avishka and Sadeera power Jaffna Kings to nine wicket win

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Half tons by Avishka Fernando and Sadeera Samarawickrema powered Jaffna Kings to a nine wicket win over Dambulla Aura in the 3rd match of the LPL2022  at MRICS Hambanthota on Wednesday (07) Dambulla Aura 121/9 in 20 overs (Jordan Cox 43; Maheesh Theekshana 3/20, Vijayakanth Vijaskanth 3/24, James Fuller 2/16, Zaman Khan 1/28) Jaffna Kings 122/1 in 15.4 overs (Avishka Fernando...

News Room : Govt. says selling state assets only way to build reserves and prevent crippling shortages – The Island

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By Rathindra Kuruwita Cabinet spokesman Minister Bandula Gunawardena yesterday (06) said Sri Lanka wouldn’t be in a position to be part of the international trading system unless it boosted its foreign reserves by selling some of its assets. Gunawardena, who also holds media and transport portfolios said so at yesterday’s post-Cabinet press briefing. Responding to a query about the government’s decision...

News Room : Ven Siridhamma, Mudalige granted bail; latter re-arrested

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Convenor of Bhikku Balamandalaya affiliated Inter University Students Federation (IUSF) Ven. Galwewa Siridhamma Thera leaving Court yesterday (06) after Kaduwela Magistrate Chanima Wijebandara granted him bail. The Thera was held under the Prevention of Terrorism Act for causing damages to public property during a protest opposite the Education Ministry, over three months back. The Magistrate ordered the Thera released...

News Room : SLTB Chairman won’t heed Transport Minister’s demand to quit – The Island

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By Rathindra Kuruwita Cabinet spokesman Minister Bandula Gunawardena yesterday (06) said Sri Lanka wouldn’t be in a position to be part of the international trading system unless it boosted its foreign reserves by selling some of its assets. Gunawardena, who also holds media and transport portfolios said so at yesterday’s post-Cabinet press briefing. Responding to a query about the government’s decision...

News Room : Sri Lanka on China-IMF agenda – The Island

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By Rathindra Kuruwita Cabinet spokesman Minister Bandula Gunawardena yesterday (06) said Sri Lanka wouldn’t be in a position to be part of the international trading system unless it boosted its foreign reserves by selling some of its assets. Gunawardena, who also holds media and transport portfolios said so at yesterday’s post-Cabinet press briefing. Responding to a query about the government’s decision...

News Room : Law and duplicity

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Wednesday 7th December, 2022 The government has gained the upper hand over its political rivals by ruthlessly invoking some draconian laws such as the Offences against Public Property Act and the Prevention of Terrorism Act. It is ready to do everything in its power to consolidate its hold on power. A few months ago, the ruling party politicians were running...

News Room : Religious and philosophical aspects of Buddhism – The Island

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By Dr. Justice Chandradasa Nanayakkara Buddhism first originated in India in the 6th century BC. Today, Buddhism has become one of the most popular religions with over 507 million followers worldwide. It is a non-theistic religion, as it does not believe in a creator or God. Some prefer to call it a religion, while others call it a philosophy, still others...

News Room : Easter Sunday terror attack suspect hacked to death

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By Norman Palihawadane A 38-year-old Easter Sunday terror attack suspect was hacked to death yesterday morning (28) in Mattakkuliya. The victim, Mohamed Badurdeen Mohamed Harnas, was a resident of Safiya Avenue, Mattakkuliya, police said. A suspect in the Easter Sunday terror attacks, he had been released on bail. The suspect was rushed to the National Hospital, Colombo, after three individuals, who arrived...

News Room : Rail service between Mahawa and Jaffna to be suspended for five months

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Transport Minister Bandula Gunawardena told Parliament yesterday that the railway services between Mahawa and Jaffna will be suspended for a period of five months in 2023. The Minister said that operations will be suspended from January 15, 2023. The Minister said it was to repair work on the railway line. He said so in response to a question raised by Vanni District...