Ambassador of Japan to Sri Lanka – Mr. Mizukoshi Hideaki, attended the handing over ceremony of the Night Navigation System of the Port of Trincomalee supported by the Government of Japan under the Trincomalee development Programme in the Eastern Province today (17).
Minister of Ports, Shipping and Aviation – Nimal Siripala de Silva, along with other officials of the Sri Lanka Ports Authority joined to grace this occasion.
The Government of Japan assisted the Night Navigation System of the Port of Trincomalee in Eastern Province with Rs. 2.63 Billion under the Trincomalee Port Development Programme of the Economic and Social Development Project.
The agreement was signed in April 2017, as a result of the Japan – Sri Lanka summit held in 2016, which recognized the port development in Sri Lanka as a significant hub in the Indian Ocean. The main aim of this project is to ensure smooth port management enhancing safety for night-time navigation and 24-hour operation of the Port of Trincomalee.
Previously, the port of Trincomalee was unable to navigate in the night, as lighthouses and other navigational aids were destroyed during the civil war. Mooring buoys, Navigation signs, Automatic Identification System (AIS) and other port equipment, manufactured by Japanese companies, were handed over under this programme.
The Government of Japan hopes that the significant outcome of this project will enhance the growth of the regional connectivity and rehabilitation of conflict-affected areas will improve the overall Socio- economic development in Sri Lanka while enabling it to become economic, trade and logistics hub for the South Asian region, utilizing its geographical advantage.
The Ministry of Education today (July 03) announced the release of instructions regarding the admission process for Grade One students in State schools for the Year 2026.
To enroll their children in Grade One of Government schools for the year 2026, parents or legal guardians are required to complete the application form following the provided specimen and instructions.
The government of Sri Lanka and the Hungarian Export Credit Insurance Plc. have signed a bilateral agreement in relation to the External Debt Restructuring Process.
In a statement, the Ministry of Finance, Planning and Economic Development said the signing of the agreement is a significant milestone of the External Debt Restructuring Process and testament to the government’s commitment to conclude the restructuring process as soon as possible to restore debt sustainability and thereby revamp Sri Lanka’s economy. Following bilateral discussions after the conclusion of the Memorandum of Understanding (MoU) with the Official Creditor Committee (OCC), the Hungarian Export Credit Insurance Plc. has agreed to provide a debt relief measure by rescheduling the outstanding debts, the Ministry noted.
The estimated rescheduled debt under this agreement amounts to Euro 30 million.
The signing of the agreement will pave the way to developing further the deep and long standing bilateral relationships between Hungary and the Government of Sri Lanka, the Ministry added.
The bilateral agreement was signed by Dr. Harshana Suriyapperuma, Secretary of the Ministry of Finance, Planning, and Economic Development, on behalf of the government and Györgyi Rehoregh, Director, Foreign Corporate Risk Management & Claims and Recoveries Directorate, and Dr. Adrienn Hegyi Szénásiné, Head of Claims and Recoveries, Foreign Corporate Risk Management and Claims and Recoveries Directorate, on behalf of the Hungarian Export Credit Insurance Plc.
A committee has been appointed to investigate and submit a report on plastic-based products in the market that pose a threat to the health of children, the Ministry of Trade, Commerce, Food Security, and Cooperative Development has announced.
Speaking at a media briefing today (03), Subject Minister Wasantha Samarasinghe stated that the government will take the strongest possible measures within the next two months to prevent such harmful products from entering the market, based on the committee’s recommendations.
He warned that some plastic bottles used to fill hot water are unsafe and noted that tests have revealed serious risks due to the use of such material.
“We will summon importers and manufacturers and present the facts to them. A committee of experts will be appointed, and all relevant parties will have the opportunity to share their concerns with the committee. Based on its report, we will take the strongest possible decisions to ensure the safety of children,” the Minister added.