Political and Social News
Govt., WB sign agreement for US$ 150 m financing to strengthen financial sector
The Government of Sri Lanka (GOSL) and the World Bank have signed an agreement for $ 150 million in financing for Sri Lanka to strengthen the resilience of the financial sector through the Financial Sector Safety Net Strengthening Project (FSSNP).
Anura Kumara to leave for India tomorrow on official invitation
A group led by NPP leader Anura Kumara Dissanayake is to leave for India tomorrow on an official invitation by the Indian government, party sources said.
Indian submarine ’Karanj’ arrives in Colombo
INS 'Karanj' – a submarine of the Indian Navy arrived at the port of Colombo today (03 February) on a formal visit. The visiting submarine was welcomed by the Sri Lanka Navy in precision of naval traditions.
FTA with Thailand to bring range of goods to Sri Lanka
The Free Trade Agreement (FTA), which is expected to be signed between Thailand and Sri Lanka this week, will benefit Thailand's exports of automotive parts, textiles, electrical appliances, machinery, steel products, paper, processed food and animal feed, Thai media reported.
Thailand and Sri Lanka will sign a free trade agreement (FTA) this week during Prime Minister Srettha Thavisin's trip to tSri Lanka, said spokesman Chai Watcharonke.
Mr Srettha has been invited by Sri Lankan Premier Ranil Wickremesinghe as a guest of honour for Sri Lanka's Independence Day celebrations from tomorrow until Sunday.
The upcoming FTA will be Thailand's 15th contract of its kind and the first since Mr Srettha took the premiership last year, the Bangkok Post reported.
The contract aims to bring Thai goods to new markets in South Asia by accelerating the opening of gateways for trade and investment.
Thailand Prime Minister to arrive tomorrow in historic visit
The Kingdom of Thailand Prime Minister Srettha Thavisin is set to commence a two-day official visit tomorrow, at the invitation of President Ranil Wickremesinghe.
SLT announces appointment of new Chairman
Sri Lanka Telecom yesterday formally announced the appointment of A. K. D. D. D. Arandara as the Chairman and a Non-Independent Non-Executive Director with effect from 1 February.
SriLankan Airlines CEO says flight delays were die to technical issues
Chief Executive Officer (CEO) of SriLankan Airlines Richard Nuttall, who responded to concerns over flight delays, said though the delays were in line with the world averages, there are more delays than used to be because of technical issues.
Passport fees increased by Rs 5000 to meet high production costs
The passport fee has been increased with effect from February 01 to meet high production costs. The Department of Immigration issued a statement saying this.
IRD gives businesses 2 weeks deadline to register for VAT
The Inland Revenue Department (IRD) has given businesses a period of two weeks to complete registration to charge Value Added Tax (VAT), said the IRD Commissioner General W.A. Sepalika Chandrasekara.
Sri Lanka, Thailand to sign bilateral aviation agreement
Sri Lanka and Thailand are expected to sign a bilateral aviation services agreement during the upcoming visit of Thai Prime Minister, Srettha Thavisin to Colombo.