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Jan 29 (FT) Asiri Academy of Health Sciences (AAHS), a gateway to educational excellence in healthcare and Sunway University, one of Malaysia’s leading universities, have signed a landmark MoU to establish the first articulation pathway for Sunway Uni in SL. Sunway is one of Southeast Asia’s leading conglomerates with extensive interests in …

Jan 29 (CT) The recent warnings from small and medium-scale rice mill owners about the potential rise in rice prices—possibly exceeding Rs 300 per kg – highlight the deepening agricultural crisis in Sri Lanka. The price of paddy has recently surged to between Rs 140 and Rs 170 per kg, pushing up production costs for mill owners and farmers alike. The Govt has offered Odapana loans to small ...

Nov 30, 2024 · Nov 29 (Island) Colombo High Court Judge R.S.S. Sapuwidda yesterday rejected a request for bail, under any conditions, for two suspects linked to an attempt to assassinate then-Minister Maithripala Sirisena in Boralesgamuwa in 2008. The case involves 17 charges, including aiding and abetting an LTTE suicide bomber identified as Sammungrasa Gajabalini. The suspects, Selvarasa Kirubakaran, also ...

Jan 26 (ST) The return to Colombo after a 4-day State visit to China appears to have placed Prez Anura Kumara Dissanayake in a frenetic mood. Despite the much-acclaimed successful trip, the sense of urgency was palpable. He wasted no time rushing to address govt backers at Katukurunda in Kalutara, underscoring a profound compulsion. But he did not stop there. Prez held two more meetings in the ...

Nov 28, 2024 · Oct 4 (EN) A delegation led by the Director of the IMF’s Asia Pacific Department, Krishna Srinivasan is visiting Sri Lanka and discussing the new administration’s reform objectives, an official said. “Program performance is strong, and reform efforts are bearing fruit in terms of reviving economic growth, lowering inflation, boosting reserves and improving revenue mobilization,” Julie ...

Jan 28 (EN) SL’s central bank came in for high praise from opposition legislator Kabir Hashim, for the recent deflation it has achieved, after the agency missed its inflation target of 5% plus or minus 2% erring on the side of the poor and stability. “What the Governor and the team have done in the past two years is exceptionally great,” Kabir Hashim said amid questions from some MP’s ...

Jan 21 (FT) Sri Lanka’s tile and sanitary ware importers, already battered by the COVID-19 pandemic and the economic crisis, are now grappling with an even harsher blow—hefty import taxes under the guise of protecting domestic manufacturers. Stakeholders warn this could spell disaster for both businesses and consumers. The latest proposal includes the introduction of anti-dumping duties ...

Jan 19 (TM) The much-heralded project to build South Asia’s largest commercial and logistics complex at the Colombo Port is finally scheduled to commence this year with the granting of the Attorney General’s (AG) approval for the proposed concession agreement, which will be entered into with the BOI, according to Sri Lanka Ports Authority (SLPA). SLPA Chairman Sirimevan Ranasinghe stated ...

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