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President Gotabaya Rajapaksa has mooted a set of proposals, including implementing park and ride programs and reducing wastage and corruption of employees, to transform Sri Lanka Transport Board (SLTB) into a profit-earning entity.

In a move to reduce poverty, the Presidential Task Force on Economic Revival and Poverty Eradication held a discussion this week to explore ways to use unutilised and underutilised State-owned lands for cultivation of crops and livestock management.

The Finance Company PLC (TFC) has finally lost the license granted by the Central Bank to continue as a non banking financial institution in the country with effect from today Monday 22 the company failed find an investor to infuse capital since 23rd October 2019.

Sri Lanka’s Joint Apparel Association (JAAF), an industry body, is working with the country’s Board of Investment to set up a fabric processing park in Eravur, Batticaloa, in the eastern part of the island to draw investors from countries like China, Rehan Lakhany, chairman of Sri Lanka Apparel Exporters Association (SLAEA).

Sri Lankan authorities have been directed to prevent any shortage of medicinal drugs by maintaining adequate stocks, streamlining the import disregarding the interests of a handful of intermediaries.

President Gotabaya Rajapaksa stressed the production and supply of the pharmaceutical items should be streamlined for the benefit of the people disregarding the interests of handful of intermediaries.

Friday, 22 May 2020 08:40

No change of A/L in August

Education Ministry Secretary N.H.M.Chitrananda told Daily News in Kurunegala yesterday that the Ministry has not decided to postpone the GCE (A/L) Exam 2020 to be held in August.

Friday, 22 May 2020 08:32

Victor Ratnayaka in ICU - Lelum

Veteran singer Victor Ratnayaka is being treated at an Intensive Care Unit of a private hospital, reports say.

Friday, 22 May 2020 08:26

Maligawatta incident; seven remanded

Seven persons including a businessman, who were arrested in connection with the incident at Maligawatta, where three women had been killed while eight others were injured in a stampede, have been remanded until June 4, by the Colombo Magistrate’s Court last evening.

Cabinet approval has been granted to extend the retirement age of doctors from 60 years to 61 years, said Co-Cabinet Spokesman Minister Bandula Gunawardana.

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