No decision has been made to restrict vehicle imports -CBSL

No decision has been made to restrict vehicle imports, the Central Bank of Sri Lanka (CBSL) has emphasised.

A senior official of the Central Bank stated that, contrary to certain media reports, there has been no exchange of letters or communication between the Central Bank and the Treasury regarding the restriction of vehicle imports.

With the...

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Foreign reserves are not used for vehicle imports - Top economist

Top economist Dhananath Fernando states that the country’s foreign exchange reserves are not used to facilitate the import of motor vehicles.

When importing any goods to the country, foreign reserves are not used and instead money earned through exports are utilied, Fernando noted.

Speaking during a media briefing, economist Dhananath Fernando noted...

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?Ignoring peoples language rights led to an arms struggle? - Justice Minister

National unity cannot be established through slogans and by merely initiating infrastructure projects, Minister of Justice and National Integration Harshana Nanayakkara has stated.

“If we look at the history of the country, ignoring the people’s language rights led to mistrust among communities and escalated into an arms struggle”, the Justice Minis...

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Dozens leave Japan islands after nearly 1,600 quakes

Dozens of residents have evacuated remote islands in southern Japan that have been shaken by nearly 1,600 quakes in recent weeks, the local mayor said Monday (Jul 7).

There has been no major physical damage on hardest-hit Akuseki island, even after a 5.1-magnitude quake that struck overnight, said Genichiro Kubo, who is based on another island.

But...

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Donald Trump delays tariff deadline to August 1

The United States is close to finalizing several trade pacts in coming days and will notify other countries of higher tariff rates by July 9, President Donald Trump said on Sunday, with the higher rates set to take effect on August 1.

Since taking office, Trump has set off a global trade war that has roiled financial markets and sent policymakers...

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Election Commission services suspended until further notice

All e-services of the National Election Commission have been suspended until further notice.

Issuing a statement, the Election Commission stated that the services have been temporarily suspended from today (07) due to essential maintenance work.

Accordingly, all e-services—including voter list information checks, online registration, obtaining voter...

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