Connect with us

BIZ

Sri Lanka’s Starlink operations delayed until after presidential election

Published

on

Sri Lanka’s plan to set up operations of Elon Musk’s Starlink, the satellite unit of SpaceX, has been withheld till the Presidential Election is over because of some clearance pending with the Telecommunications Regulatory Commission, a top source said.

State Minister of Technology, Kanaka Herath, announced earlier that the Telecommunications Regulatory Commission granted preliminary approval for ‘Starlink’ to provide satellite-based internet services in Sri Lanka.

Besides, Parliament approved amendments to a decades-old law on Tuesday to allow Elon Musk’s Starlink to set up operations in the country.

Parliament passed the new telecommunications bill, which amended the existing law for the first time in 28 years, without a vote.

The amendments introduce three new types of licences and allow Starlink to enter Sri Lanka’s telecom market as a licensed service provider.

However, a top government source said the launch would be impossible before the Presidential Elections. Sri Lankans will go to the polls on September 21 to decide on the next President to govern the country for another period of five years.

Once Starlink is launched, Elon Musk is also scheduled to visit Sri Lanka. Besides, the government authorities are planning for a Zoom meeting with Starlink.

(Daily Mirror)

(This story, originally published by Daily Mirror has not been edited by SLM staff)

BIZ

Tamarind prices skyrocket

Published

on

By

A shortage of tamarind in the local market has led to retail prices soaring above Rs. 2,000 per kilogram in the Hatton area, reports say.

The retail price of a Tamarind kilo previously ranged from Rs. 350 – Rs. 400. 
According to traders, the shortage is attributed to a poor tamarind harvest this season.

Continue Reading

BIZ

New tax percentages for imported vehicles announced

Published

on

By

The government has announced the import tax percentages applicable to vehicles imported from February 2025.

According to the gazette notification issued in this regard, excise duties ranging from 200% to 300% have been imposed on vehicles. 

The gazette, issued by the President in his capacity as the Minister of Finance, is as follows : 

Continue Reading

BIZ

Rice import deadline ends

Published

on

By

Sri Lanka Customs has announced that 167,000 MT of rice has been imported to Sri Lanka since the government has permitted imports.Customs media spokesman – Seevali Arukgoda has said that this includes 66,000 MT of Red Raw Rice and 101,000 MT of Parboiled Rice.

The deadline for importing rice ended at midnight yesterday (Jan 10).

Continue Reading

Trending

Copyright © 2024 Sri Lanka Mirror. All Rights Reserved