Sunday, 14 July 2024 21:09

WEEKLY POLITICAL ANALSYS

WIDE ANGLE on constitutional loop holes

Govt in two minds on upcoming elections with President playing Kings gambit

WEEKLY ECONOMIC REVIEW

By Rohana Jith

China's foreign minister Wang Yi has hit back at Nato's "groundless accusations" that Beijing is helping Russia in its war on Ukraine.

Whilst highlighting that 66 percent of E-vehicles imported by Sri Lankan expatriates have been done through two vehicle importing companies, chairman of the Committee on Public Finance (COPF) Harsha de Silva said today that his committee has requested the Finance Ministry to probe these irregularities.

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Sri Lanka Customs has raised concerns over the ‘No Go’ indication from the Finance Ministry to the proposed container clearing yard with a 3,000-container capacity.

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Despite environmental concerns raised over the Adani green energy project in the north, the Power and Energy Ministry is insistent that the project site cannot be compromised but only steps for mitigation of damage can be taken, according to a top source.

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Hambantota International Port (HIP) reported a strong performance in the first half of the year (1H24) with significant growth in LPG operations and bunker volumes, highlighting its expanding capabilities.

Sri Lanka has been ranked as one of the top 10 most affordable destinations to travel in Asia by Times of India.

The Public Utilities Commission of Sri Lanka (PUCSL) says that the final decision regarding the electricity tariff revision will be announced on July 15, after reviewing the public opinions.

Sri Lanka welcomed over 43,000 international visitors in the first week of July, a significant pickup in the tourist inflow rate from last month.

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