Political and Social News
President likely to grant another extension to present IGP Wickramaratne
The prolonged saga of appointing a new Inspector General of Police (IGP) has reached a critical juncture, leaving the country’s law enforcement in a state of uncertainty and raising concerns about the government’s ability to address rising crime rates.
A True Buddhist Philanthropist
Sri Lanka signs agreement to send workers to Israel
Sri Lanka has entered into an agreement with Israel to send workers to be employed in the latter’s agricultural sector, Cabinet Spokesperson Minister Bandula Gunawardana said.
RM Parks Inc. secures 200 SL fuel station for US$ 110 million investment
The US-based fuel distribution company RM Parks Inc. in California today signed an agreement with the BOI with an investment of USD 110 million to serve the Sri Lankan petroleum sector in collaboration with Shell Plc to operate 200 fuel stations.
New provision for entities seeking BOI recognition
The Government has decided to introduce new provisions for entities seeking the recognition and security that the Board of Investment (BOI) offers to boost investor confidence and attract foreign investment.
Ceylon Electricity Board (CEB) to undergo restructuring process
The proposed bill for electricity sector reforms towards restructuring Ceylon Electricity Board (CEB) has been approved by the cabinet of ministers at its meeting held on Monday (Nov.20), Power & Energy Minister Kanchana Wijesekera said.
Arab-Israeli vlogger signs agreement with Sri Lanka Tourism
Arab-Israeli vlogger and online influencer Nuseir Yassin - known to his millions of followers as the founder of the popular online community “Nas Daily” – has entered into an agreement with the Sri Lanka Tourism Promotion Bureau (SLTPB).
China seeks permission for another vessel to visit Lanka
The Foreign Ministry has received a request from the Chinese embassy for permission fo another Chinese research vessel to enter Sri Lankan waters early next year.
US President Biden values partnership with Sri Lanka
Administrator of the United States Agency for International Development Samantha Power told President Ranil Wickremesinghe that the Biden administration greatly values its partnership with Sri Lanka.
IRD probe into recent sugar import scam
A comprehensive investigation is now underway on the alleged importation of an unusually large amount of sugar days before the special commodity levy hike to Rs. 50 from 25 cents per kg came in effect on November 2, Finance Ministry sources said.