Connect with us

News

Japan urges urgent debt restructuring for Sri Lanka’s progress

Published

on

Japan’s Deputy Head of Mission Kotaro Katsuki on Saturday asserted that without restructuring the external debt, Sri Lanka cannot move forward.

“Therefore the external debt restructuring must be concluded with a sense of urgency,” said Kotaro speaking at the Daily FT-BOI ICCSL webinar titled “The FTA pathway: Exploring Sri Lanka’s Export and FDI Potential.”

Delivering the keynote in the webinar, Foreign Affairs Minister Ali Sabry emphasised that Sri Lanka’s key location and potential for growth must not be neglected, and the country must move towards a more robust system of trade with our regional partners and those on distant shores.

Sabry noted, “We have much to gain from positive FTAs, and we must move towards a system of production that is globally competitive, and not only catering to the domestic market.”

However, Sabry emphasised that negotiations must be strategic, stakeholder driven and focused, and must take into consideration the opportunities and threats.

(Except for the headline, this story, originally published by ft.lk has not been edited by SLM staff)

News

Showers expected in some areas today

Published

on

By

Several spells of showers will occur in the Western and Sabaragamuwa provinces and in the Kandy, Nuwara-Eliya, Galle and Matara districts today (July 08), the Department of Meteorology said.

A few showers may occur in the North-western province as well.

Meanwhile, strong winds of about 40-50kmph can be expected at times over the Western slopes of the central hills and in the Northern, North-central and North-western provinces and in the Trincomalee and Hambantota districts.

Continue Reading

News

Nishantha appointed to Harshana’s MP seat

Published

on

By

The Election Commission has officially gazetted Ushettige Don Nishantha Jayaweera as a Member of Parliament representing the National People’s Power (NPP). 

This appointment has been made to fill the parliamentary vacancy created by the recent resignation of Harshana Suriyapperuma, the Election Commission said.

Dr Suriyapperuma was recently sworn in as the new Secretary to the Ministry of Finance after resigning from Parliament.

Related News :

Continue Reading

News

IRD Dy. commissioner arrested for soliciting bribe

Published

on

By

An Inland Revenue Department (IRD) Deputy Commissioner has been arrested by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) for allegedly soliciting a bribe of Rs. 50,000 from a businessman.

According to investigations, the IRD officer had demanded a bribe from a businessman in Piliyandala in order to issue a tax clearance report for his business located in Dematagoda.

It is reported that the officer had initially demanded Rs. 100,000, but the amount was later reduced to Rs. 50,000 after negotiations. The businessman had already paid an advance of Rs. 42,000 on July 03, reports add.

CIABOC officials had nabbed him while accepting the balance Rs. 8,000 in cash, at the IRD office on Jawatte Road in Colombo.

The suspect is to be produced before the Colombo Magistrate’s Court.

Continue Reading

Trending

Copyright © 2024 Sri Lanka Mirror. All Rights Reserved