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Political and Social News

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Treasury Secretary Mahinda Siriwardena has informed the board of directors of the Lanka Hospitals Corporation PLC and Sri Lanka Telecom PLC that the Cabinet have granted approval in principle for the divestment of major shareholding of those institutions.

Tuesday, 21 March 2023 08:34

President thanks IMF after EFF approved

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President Ranil Wickremesinghe thanked the International Monetary Fund a short while ago after the Extended Fund Facility was approved by the IMF Board earlier today.

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Sri Lankans could receive a welcoming surprise at the pump in a matter of days or weeks as the global oil hit a 15-month low last week on concerns about a banking sector crisis in the United States that may spill over into other parts of the world.

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The once brisk construction sector fell to new lows in the final three months of last year, extending the contraction in the sector to its sixth straight quarter reflecting the extent of its struggle.

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State Minister of Indigenous Medicines Sisira Jayakody said that the Local Government Election will not be held on April 25 and a presidential election will be held in November.

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The Ceylon Teachers' Union (CTU), the All Island United Teachers' Union (AIUTU), and the Joint Teachers' Service Union (JTSU) claimed yesterday that they will engage in trade union action if the government fails to provide solutions for the sudden decision to dissolve the National School Teacher Transfer Board.

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The first school term for the year 2023 will start on April 5, the Education Ministry announced.

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The Sri Lanka Tea Board, with the assistance of the Sri Lanka Embassy in Japan, showcased ‘Ceylon Tea’ at the 48th International Food and Beverage Exhibition FOODEX 2023 in Tokyo, which is the leading food and beverage tradeshow in Asia.

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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.

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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.

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