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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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Read more: [Sri Lanka] - No choice has been made to limit lorry imports -CBSL
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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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Read more: [Sri Lanka] - Foreign reserves are not used for car imports - Top financial expert
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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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Read more: Neglecting peoples language rights caused an arms struggle - Justice Minister
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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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Read more: Dozens leave Japan islands after nearly 1,600 quakes
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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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Read more: Donald Trump delays tariff deadline to August 1
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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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Read more: Election Commission services suspended up until additional notice
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