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Gazette allowing vehicle imports issued

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An extraordinary gazette notification has been issued regarding the importation of vehicles by President Anura Kumara Dissanayake in his capacity as Finance, Planning and Economic Development Minister.

This extraordinary gazette notification No. 2421 / 04 dated January 27, 2025, has been issued under the Import and Export Control Act No. 01 of 1969 authorising the Director General of Sri Lanka Customs to release vehicles imported to Sri Lanka with Letters of Credit (LCs) opened between December 18, 2024 and January 27, 2025 as per the provisions of the Imports and Exports (Control) Regulations No. 14 of 2024 referred to in the Regulation No. 04 which have arrived at any port or airport of Sri Lanka during the period of December 18, 2024 to July 31, 2025.

The regulations cited as the Imports and Exports Control Regulations No. 01 of 2025 aim to facilitate the removal of the temporary suspension on the importation of motor vehicles.

The relevant vehicles can be released until July 31, 2025.

The ban on personal motor vehicles including station wagons has been lifted and used cars up to three years old can be imported.

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Standard egg prices to be announced daily via SMS

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Chairman of the All-Ceylon Egg Producers’ Association, R.M. Sarath Rathnayake has said new measures to announce daily standardized egg prices will be introduced from next Monday (June 23) to ensure fair pricing for consumers.

The prices covering wholesale, retail, and intermediary rates will be communicated daily at 5.00am via SMS to small, medium, and large-scale egg producers, as well as bakery owners, food manufacturers, and hotels through the number 070-7030700.

He warned of recent practices where eggs were bought at Rs.15-18 and stockpiled, stating such actions will no longer be tolerated.

He also criticized groups posing as “egg associations” without actual farming experience.

The cost of producing an egg is around Rs.28 for large farms, Rs.29-30 for medium range farms, and Rs.32 for small-scale producers, he further said.

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16 bn. Apple, Facebook, Google passwords exposed

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A staggering 16 billion passwords to Apple, Facebook, Google, and various US government services have been leaked online, triggering global security alerts in what experts are calling the most significant data breach in history.

The mammoth security breach has forced Google to urge billions of users to change their passwords immediately.

At the same time, the FBI has issued warnings to Americans about opening suspicious links in SMS messages.

Cybersecurity experts at Cybernews, who investigated the breach, discovered a whopping 30 exposed datasets containing between tens of millions and over 3.5 billion records each.

Perhaps most alarmingly, researchers confirmed that nearly all these exposed datasets contain previously unreported information, making this an entirely fresh security crisis.

“This is not just a leak – it’s a blueprint for mass exploitation,” the researchers said via Forbes this week.

(news.com.au)

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New chairman appointed to CSE

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Dimuthu Abeyesekera has been appointed as the new Chairman of the Colombo Stock Exchange (CSE).

The CSE announced that Mr. Abeyesekera brings over 35 years of experience in the capital markets and has served on the CSE Board for the past six years.

He currently serves as the Director/CEO of Asha Securities Ltd, which is affiliated with Phillip Capital Singapore, a specialized financial services organization managing assets worth over US$ 35 billion with a network of offices around the world.

Abeysekera also currently serves as the Director at Asha Financial Services Ltd, a specialised margin Trading Company in Colombo.

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