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Wanindu suspended from Test series against Bangladesh, Kusal fined

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Sri Lanka all-rounder Wanindu Hasaranga has been suspended from Bangladesh’s upcoming two-Test series, shortly after announcing his return to Test cricket following retirement from the format last year.

Hasaranga’s suspension stems from an incident during the third ODI against Bangladesh, where he breached Article 2.8 of the ICC Code of Conduct for Players and Player Support Personnel by showing dissent at an umpire’s decision. This resulted in a 50 percent fine and three demerit points, bringing his total to eight within 24 months.

Already on five demerit points, Hasaranga’s accumulated total led to a suspension from two T20Is against Bangladesh. Now, with four suspension points, he will miss the two ICC World Test Championship Tests against Bangladesh.

This development comes after Sri Lanka’s victory in the T20 series against Bangladesh, with Hasaranga’s absence from the Test series impacting Sri Lanka’s lineup ahead of the T20I World Cup.

Meanwhile, Sri Lanka captain Kusal Mendis has also been fined 50 per cent of his match for a Level 2 offence. According to the ICC, He was found guilty of breaching article 2.13 of the Code, which relates to “Personal abuse of a Player, Player Support Personnel, Umpire or Match Referee during an International Match.”

In addition to this, three demerit points have been added to the disciplinary record of Mendis, for whom it was the first offence in a 24-month period.

Mendis abused the umpires while shaking hands with them at the end of the match, the ICC says.

Both Hasaranga and Mendis admitted their offences and accepted the sanctions proposed by Andy Pycroft of the Emirates ICC Elite Panel of Match Referees and, as such, there was no need for formal hearings.

On-field umpires Sharfuddoula Saikat and Tanvir Ahmed, third umpire Adrian Holdstock and fourth umpire Richard Kettleborough leveled the charges.

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End of Parate relief for large SMEs

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The grace period granted to small and medium-sized enterprises (SMEs) under Sri Lanka’s Parate Execution Law officially ended midnight yesterday (June 30) for businesses with loans exceeding Rs. 50 million.

The Parate Law grants banks the authority to seize properties pledged as collateral without court proceedings. Although its implementation had been suspended for three months by the current administration—and for six months earlier under former President Ranil Wickremesinghe—it has now been reinstated, triggering serious concern among entrepreneurs.

Deputy Minister of Economic Development – Dr. Anil Jayantha Fernando  has stated that the government intends to hold discussions with all relevant parties in the coming days to address the issues linked to the law’s reimplementation.

Meanwhile, Opposition Leader – Sajith Premadasa has warned that the re-implementation of the Parate Execution Law could lead to the rapid auctioning of assets from small, medium, and micro businesses, putting them at risk.

In a statement yesterday (June 30), he emphasized that these businesses contribute over 50% to Sri Lanka’s Gross Domestic Production (GDP) and employ over 04 million people.

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Ex-SriLankan Airlines chief produced before court

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Former Chairman of SriLankan Airlines – Nishantha Wickramasinghe has been produced before the Colombo Magistrate’s Court by prison officials today (July 01).

Wickramasinghe was arrested last week by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) and is currently in remand custody,

Related News :

https://srilankamirror.com/news/2-ex-heads-of-govt-institutions-arrested/

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Special FD scheme for senior citizens introduced

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The Ministry of Finance has officially launched the special fixed deposit scheme for senior citizens.

Proposed in the Budget 2025, the scheme which is open to resident Sri Lankan citizens aged 60 years and above, comes into effect from today (July 01).

Eligible fixed deposits can be opened between July 01, 2025, and December 31, 2025, and must have a 12-month tenure.

The scheme will be implemented through the 17 licensed commercial banks; five (05) government banks and twelve (12) private banks that have confirmed participation. As part of the process, customers are required to provide a declaration confirming that the funds deposited are their own, their monthly income is less than Rs. 150,000, consenting to the sharing of relevant information with the Ministry of Finance, Planning and Economic Development for verification purposes, agreeing that any false information provided will result in disqualification from receiving the interest subsidy.

The government has allocated Rs. 30 billion to cover interest subsidies under this initiative.

Key features of the scheme:
– Deposit Period: 12 months (1 year)

– Deposit Limit: Maximum of Rs. 1 million

– Interest Benefit: Depositors will receive either

  • An additional 3% over the Average Weighted Fixed Deposit Rate (AWFDR), or
  • An additional 3% over the declared fixed deposit rate—whichever yields a higher return.

Senior citizens interested in availing themselves of the benefits are encouraged to visit the nearest bank branch starting today. Applicants must provide valid documentation, including their National Identity Card (NIC) and Taxpayer Identification Number (TIN) issued by the Inland Revenue Department (IRD).

This scheme aims to support the financial security of senior citizens by offering them a safer and higher-yielding savings option.

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