The local LP Gas price may likely to further drop based on the price fluctuations at the global market, said the LITRO Gas Company.
Accordingly, chances are high that the LITRO Gas Price will further drop at the beginning of November, said LITRO Chief Muditha Peiris.
The LITRO Gas price was last revised on October 05, 2022, dropping the price of a 12.5 kg domestic gas cylinder by Rs. 271.
MIAP
Sri Lanka’s Tourism Minister Diana Gamage had earlier said that officials from Disneyland have been in discussions with her to open a Disneyland in Sri Lanka. She said that this project would boost Sri Lanka’s tourism sector.
Colombo: A team from Disneyland has agreed to visit Sri Lanka in November to hold discussions on setting up South Asia’s first Disneyland in Hambantota.
“Diana (State Tourism Minister) walking the talk! Team from Disneyland have AGREED to visit #SriLanka in Nov. to hold discussions on setting up South Asia’s 1st Disneyland in Hambantota!” tweeted Jamila Husain, Associate Editor of Daily Mirror.
“Diana Gamage will be visiting US soon to discuss plans for the $ 18 billion investment following an invitation from Walt Disney,” added Husain.
State Minister Diana Gamage earlier said that officials from Disneyland have been in discussions with her to open a Disneyland in Sri Lanka.
She said that this project would boost Sri Lanka’s tourism sector.
Notably, Sri Lanka tourism will get a huge exposure after the country won the hosting rights for ‘Miss Tourism World – International Finale 2022’ in Colombo.
Croatia and Russia, which were the other two countries shortlisted to host the 75th edition of the ‘Miss Tourism World 2022′ global Pageant’ voluntarily opted out to allow Sri Lanka to host this event, reported Sunday Observer.
This was because these two countries knew that the event would play a major role towards tourism revival in Sri Lanka, said Global Director of ‘Miss Tourism World – International Finale 2022’, David Singh.
Sri Lanka will host the event from December 8-21 with winners from 80 countries giving a destination value to Sri Lanka of nearly USD 40 million.
During the pageant, they will visit all the important places of tourism in Sri Lanka including Kandy, Anuradhapura, Polonnaruwa, Sigiriya, Habarana, Ella, Arugam Bay, Mirissa, and Galle he said. This will in turn promote these destinations as well, reported Sunday Observer.
Sri Lanka is facing an unprecedented crisis due to economic mismanagement, corruption, and agricultural crises.
Sri Lanka, a country of 22 million people, is under the grip of an unprecedented economic turmoil, the worst in seven decades, leaving millions struggling to buy food, medicine, fuel and other essentials.
NDTV
May everyone wish for a lightened up country where hate and anger are eliminated and human reconciliation is established for everyone to live in unity and peace, said Leader of the Opposition Sajith Premadasa in his Deepavali Message this year.
Deepavali, a festival of light devoted to saving society from darkness and evil, is recognised as a national day of celebration by the Hindu community, the Opposition Leader noted, adding that this most wondrous festival also contributes to racial reconciliation for better understanding between one another.
MIAP
The annual tax charged from casino centres in Sri Lanka has increased from Rs. 200 million to Rs. 500 million, effective from August 01, 2022, revealed State Minister of Finance Ranjith Siyambalapitiya.
In addition, the Betting and Gambling Act has been amended meeting the following tax revisions;
The annual levy of Rs. 600,000 increased to Rs. 01 million minimum
Levy on turnover of 10 per cent increased to 15 per cent minimum
In addition, all businesses related to betting and gambling will be subjugated to an income tax of 40 per cent from their profit/income.
MIAP
Former President and Leader of the Sri Lanka Freedom Party (SLFP) Maithripala Sirisena attending a ceremony held in Polonnaruwa said that Sri Lanka currently not having a friendly foreign policy similar to that of his during his tenure has contributed to the worsening of the crisis.
He noted that he maintained a cordial relationship with the foreign nations and that the decisions made during the last three years have created conflicts not only among the public but also among the government.
MIAP
Measures to be taken to avoid delays in universities enabling students to complete their studies within the stipulated duration – President.
President Ranil Wickremesinghe said that the delay in the Sri Lankan university system at the commencement of courses would be avoided enabling students to complete their studies within the stipulated duration.
The President made this observation during a meeting held with the prefects of Royal College, Colombo at the Presidential Secretariat yesterday (22).
Head Prefect of Royal College Colombo Kaveesha Rathnayake and the prefects of the college participated in this meeting.
The matters concerning Royal College as well as matters regarding the country’s education sector were discussed there while the President answered the questions raised by the students on the measures taken by the government for the advancement of the education sector.
The President made queries from the prefects on the university education where the students brought the focus of the President to the vast difference between the duration to complete a degree in a foreign higher education institute and in a local university.
The President agreed with it and assured that remedial action would be taken without delay. He also highlighted the value of education in a local university over foreign education. He also emphasized that the government has taken many steps to expand the educational opportunities for students who have qualified for higher education following the completion of their school education. He added that measures have been taken to commence several new universities in Kurunegala and Batticaloa.
The President also mentioned that the Faculty of Engineering of the University of Colombo would be set up as a separate campus, while the National School of Business Management (NSBM) and the Sri Lanka Institute of Information Technology (SLIIT) would be upgraded as national universities.
President Ranil Wickremesinghe raised the issue of ragging with the students during the meeting and said that it seemed that students who attend the universities from schools such as Royal College, Thurstan College, Ananda College and D. S. Senanayake College turn a blind eye when such ragging incidents happen, although a large number of students from these schools are within these universities.
The President also pointed out that the students of those universities have a responsibility to bring ragging in universities to an end and the head prefects of those schools could perform their roles while in school.
The president further said that university education is interesting but the rate of students suffering from physical and mental stress has increased due to ragging at universities and emphasized that he would take measures to solve the problem.
President Ranil Wickremesinghe also appreciated the role played by the Board of Prefects of the Royal College in the development of the school and its reputation.
Senior Advisor to the President on National Security and Chief of Staff to the President Sagala Rathnayake also participated in the event.
PMD
There is a reasonable doubt whether the Governor of the Central Bank of Sri Lanka (CBSL) Nandalal Weerasinghe has deliberately announced Sri Lanka’s resorting to debt default on April 12, 2022 in a bid to seek the International Monetary Fund (IMF), said Leader of the National People’s Power (NPP) and the Janatha Vimukthi Peramuna (JVP) MP Anura Kumara Dissanayake, speaking to the Party’s Maharagama Electorate Assembly held yesterday (23).
Reminding that Sri Lanka is in debt to many world powers including the United Kingdom, China, the United States, India and even countries like Bangladesh and monetary bodies such as the Asian Development Bank (ADB), the World Bank (WB) and the International Monetary Fund (IMF), Dissanayake emphasised that the CBSL Chief Weerasinghe has no power to take a decision of this nature.
“Selling the international sovereign bonds (ISBs), we obtained about US $ 15.5 billion, and is yet to settle US $ 13 billion, and selling the bonds in the London market we obtained about US $ 12 billion, but the CBSL announced that they won’t be repaid,” the NPP Leader noted, warning that despite every future research paper, scholar article, review or analysis written on Sri Lanka’s economy, the April 12, 2022 declaration of the country resorting to debt default will always be among the remarks.
Every leader ever came to rule the country in many faces followed the same economic policy leading to which the country is suffering the consequences, MP Dissanayake stressed, adding that Sri Lanka has now been officially recognised as a nation that does not pay its debts before the eye of the world.
MIAP
With the passing of the 22nd Amendment to the Constitution, the plans of former Minister Basil Rajapaksa were scattered away, but there are reports of his return to Sri Lanka with his dual citizenship being renunciated, revealed Leader of the Opposition Sajith Premadasa, addressing the public on a recent occasion.
The Opposition Leader challenged Rajapaksa to contest from Colombo, should he decide to return to Sri Lanka having his dual citizenship renunciated, thereby proposing that the Rajapaksa supremacy should be wiped out step by step by the power of the people.
Nevertheless, the President has to understand that the 22A was passed in Parliament not because of the Rajapaksas, but because of the Samagi Jana Balawegaya (SJB), he added.
MIAP
It is indeed a pleasure to extend my warm felicitation for Deepavali, being a colorful religious festival of lights celebrated with much reverence by Hindu devotees.
For Deepavali, Hindus illuminate their temples and homes, be it mansions or huts, with light bulbs and lamps symbolizing the expelling of the darkness of ignorance and creating the radiance of knowledge.
Only light can dispel darkness. Therefore, in the spirit of Deepavali let us all cast aside all differences and come together to collectively dispel the darkness that is currently shrouding our Motherland, with unprecedented challenges.
Peace, brotherhood and unity are of significance in the celebration of Deepavali and I request all Sri Lankans irrespective of race, religion or political affiliation to unite around the light of Deepavali to rebuild the country.
I am hopeful that this Deepavali celebration will be the beginning of a better future that will fulfill everyone’s wishes and make Sri Lanka a prosperous nation. I wish all Hindu Devotees a very Happy Deepavali festival.
Ranil Wickremesinghe
