FM Wang Yi on China-US Summit & Common Understandings
Briefing by Chinese Foreign Minister Wang Yi on China-U.S. Summit and Common Understandings 1. Chinese and American societies and the international community have been following U.S. President Donald J. Trump’s visit to China with intense interest. How do you assess…
Sri Lanka to introduce policy on Foreign Workers entering country
The Government has decided to formulate an Inbound Labour Migration Policy for Sri Lanka aimed at regulating foreign workers entering the country for employment purposes, according to Cabinet decisions. Cabinet noted that while Sri Lanka has traditionally focused on managing…
Cabinet clears temporary 50% duty surcharge on vehicle imports
Cabinet has approved the submission to Parliament of orders relating to a temporary 50% surcharge on Customs Import Duty imposed on imported motor vehicles, according to decisions taken at this week’s Cabinet meeting. The Government said the surcharge was introduced…
PM Harini begins UK visit with University of Sussex address
Prime Minister Dr. Harini Amarasuriya says politics is not separate from development and shapes every decision made in governance. She made the remarks while addressing the 60th anniversary commemoration of the Institute of Development Studies (IDS) at the University of…
SJB member says 4,000 vehicle LCs opened on May 15, alleges tax decision leaked
Former Western Provincial Councilor SJB member Niroshan Padukka has alleged that insider information linked to a recent vehicle import tax decision was leaked to select businessmen before the official gazette notification was issued. Speaking to reporters opposite the Central Bank…
Vietnam donation to fund renovation of Colombo Public Library’s Vietnamese section
The Embassy of Vietnam in Sri Lanka has pledged USD 50,000 towards the renovation of the Vietnamese section at the Colombo Public Library following the recent visit of the Vietnamese President to Sri Lanka. An agreement formalising the project was…
“We will ensure another war never happens again” – President AKD
President Anura Kumara Dissanayake stated that the present Government, having taken upon its shoulders the aspirations of all heroes who sacrificed their lives for the pride of a free nation, is firmly committed to building a model country founded on…
Son of Mango founder arrested over father’s death in Spain
The son of the billionaire Mango founder, Isak Andic, who died in a fall from a cliff two years ago, has been arrested over the death of his father. Jonathan Andic, 45, was arrested on Tuesday on suspicion of homicide…
Vehicle number plate printing: DMT reveals timeline
The Department of Motor Traffic (DMT) says vehicle number plate printing operations are expected to officially resume on or before June 10 following the completion of a new procurement process. In a statement issued on Tuesday (19), the department said…
Standard Chartered to cut over 7,000 jobs amid expanded AI push
Standard Chartered plans to cut more than 7,000 jobs over the next four years as it increasingly uses artificial intelligence. The London-headquartered lender is one of the first major global banks to lay out plans to cut thousands of jobs,…