Sunday, May 4, 2025
spot_img

Latest Posts

Sri Lanka Original Narrative Summary: 20/12

  1. Govt sources say significant amendments are to be made to laws of major State banks – Bank of Ceylon, People’s Bank, National Savings Bank, and State Mortgage Bank within the 1st quarter of 2024: plans to divest 20% of State stakes in BOC & PB to “selected depositors & employees”: also say Central Bank approval is currently being sought “to finalise these procedures”.
  2. Cardinal Malcolm Ranjith admits he asked former President Gotabaya Rajapaksa not to appoint Mohamed Ali Sabry as the Minister of Justice: also says he did so after a Buddhist monk informed him about the President’s move to do so.
  3. Ministry of Public Security says 2,166 persons have been arrested and 1.3 kgs of heroin, 7 kgs of cannabis, & 1,075 narcotic pills have been siezed during a 24-hour special operation.
  4. Cabinet grants approval to import 15,000 MT of Maize through the State Trading Corporation to meet the requirements for poultry feed production: also approves the import of 50,000 MT of GR11 rice variety which is similar to ‘Keeri Samba’ through the private sector.
  5. Acting IGP Deshabandu Tennakoon says 8 vehicles valued at Rs.68 mn belonging to drug dealers have been taken into custody by the Illegal Properties or Assets Investigation Division of the Police.
  6. Energy Minister Kanchana Wijesekara says a reduction in electricity tariffs will be made during the next price revision in Jan’24 as maximum hydro-power generation is being done currently.
  7. Colombo Stock Exchange and Securities & Exchange Commission revise the Corporate Governance rules for listed entities after 16 years: the revised rules to be applicable to companies listed on the main board, diri savi board and catalyst board, from 1st Oct’23 onwards, subject to certain transitional provisions.
  8. Ambassador of Russia in SL Levan S. Dzhagaryan says an estimated 200,000 Russian tourists are likely to visit Sri Lanka in 2024 and air connectivity too would be further strengthened.
  9. Prisons Commissioner Gamini B Dissanayake says the Dept had commenced installing CCTV cameras in buses that transport “special category inmates”: asserts this would help enhance security and enable the authorities to prevent “contraband” entering prisons.
  10. SL fast bowler Nuwan Thushara bought by “Mumbai Indians” for INR 48mn at the IPL-2024 auction in Dubai: more fancied all-rounder Wanindu Hasaranga bought by “Sunrisers Hyderabad” for only INR 15mn: Australian fast bowler Mitchell Starc tops the list after being bought by “Kolkata Knight Riders” for INR 247mn.

Latest Posts

spot_img

Don't Miss

Stay in touch

To be updated with all the latest news, offers and special announcements.