Saturday, April 27, 2024
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Sri Lanka Original Narrative Summary: 28/05

  1. Chairperson of United National Businesses Alliance Tania Abeysundara says the Govt’s decision to contract the economy has adversely impacted the SMEs: asserts that all countries had achieved development by promoting SMEs, and that the Asian Tigers, and even China, had promoted SMEs.
  2. Several leading importers and traders in Sri Lanka‘s tile and sanitaryware business say their businesses are heading for rock bottom, following the repeated delay in lifting import restrictions for almost 4 years since mid-March 2019: also say these bans have triggered the near closure of most of the 300 entities, affecting over 100,000 direct and indirect employees.
  3. John Keells Holdings Chairperson Krishan Balendra commends efforts of Govt policy-makers for “successfully navigating the economic stabilisation measures over the last few quarters”: Sri Lanka’s GDP plunged by an unprecedented 7.6% in 2022, and is expected to plummet further to 4.2% in 2023.
  4. State Trading Corp Chairman Asiri Valisundara says steps have been taken to import 1 mn eggs each day: mentions that currently 20 mn eggs have been imported from India, and 10 mn released to the market.
  5. Foreign Employment Bureau arrests South Korean for defrauding Rs.25 mn through a foreign employment scam: suspect had allegedly obtained Rs.2.5 mn from people on the promise of employment in South Korea: Magistrate remands suspect until May 29.
  6. British High Commissioner Sarah Hulton requests Minister of Pulic Security Tiran Alles to cooperate in the efforts taken to prevent Sri Lankans from entering the UK as illegal immigrants: further discusses the Prevention of Terrorism Act.
  7. Former United Nations Under-Secretary-General for Disarmament Affairs (1998-2003) and Former Ambassador of Sri Lanka to the US and to the UN Office in Geneva Jayantha Dhanapala, 85, passes away.
  8. Stand-up comedian Natasha Edirisooriya, who had allegedly made “disrespectful remarks” on Buddhist philosophy and culture, arrested by the CID at the Bandaranaike International Airport (BIA) while attempting to leave the country: CID to continue inquiry.
  9. National Child Protection Authority says there have been 3,102 reported child abuse related incidents in the first 4 months of 2023: reveals that on average they receive over 600 complaints per month.
  10. Acting Finance Minister Ranjith Siyambalapitiya says a proposal to provide interest-free loans for private university education will be submitted to the Cabinet next week: as per the proposal, 5000 loans to be granted annually to students who have failed to gain the opportunity to enter Govt universities despite passing the A/Level examination: loan to be Rs.900,000.

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