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Hanaa Singer appointed to Nepal

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United Nations Secretary-General Antonio Guterres has appointed Hanaa Singer-Hamdy of Egypt as the United Nations Resident Coordinator in Nepal. She took up her post on January 1, 2023.

Singer-Hamdy has worked for nearly 30 years in the fields of development and humanitarian works with leadership roles at various senior management and strategic levels. She served as the United Nations Resident Coordinator in Sri Lanka from 2018 to 2022, according to a statement issued by the UN on Thursday.

Under her leadership, the UN in Sri Lanka continued its partnership with the government in responding to complex economic and political challenges including the 2019 Easter Bombings, COVID-19 pandemic and subsequent deterioration in macroeconomic stability and debt sustainability.

When Sri Lanka faced a significant rise in food insecurity and other humanitarian concerns, she led a response targeting 3.4 million people in need that raised over $100 million for vital aid, added the UN statement.

“To advance inclusive and rights-based development, she led the design of the United Nations Strategic Development Cooperation Framework 2023-2027 in consultation with the government and other stakeholders. Since 2019, she also mobilized over $36 million for peacebuilding and resilience programming through the UN Sri Lanka SDG Multi-Partner Trust Fund.”

According to the statement, Hanaa Singer-Hamdy held several senior management positions in UNICEF offices across the world, including as the Associate Regional Director in Geneva and as Country Representative for Syria, Nepal, Kazakhstan and Azerbaijan prior to her appointment as the UN Resident Coordinator in Sri Lanka.  

Singer-Hamdy holds a Master’s degree in Political Sociology and a Bachelor’s degree in Political Science from the American University in Cairo, Egypt. She obtained a diploma in “Planning and Management of Decentralized Development Projects” from Bradford University in the United Kingdom. She has engaged in academia and research in political sociology and international relations at the American University of Cairo and at the Sadat’s Academy for Management Sciences, Faculty of Political Science of Cairo University. She is the author and co-author of two publications on social change in the Middle East.

-Agencies

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CBSL takes action against Nation Lanka Finance PLC

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The Central Bank of Sri Lanka (CBSL) has initiated resolution action against Nation Lanka Finance PLC (NLFP), effective from today (July 04) due to continuous violations of the Finance Business Act No. 42 of 2011 and related regulatory directives. 

The company has been facing a deteriorating financial position marked by capital deficiencies, poor asset quality, ongoing losses, and failure to repay depositors.

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VAT refund counter for tourists launched at BIA

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A dedicated VAT refund facility for tourists was officially launched today (July 04) at the Bandaranaike International Airport (BIA) by Minister of Industries and Entrepreneurship Development – Sunil Handunneththi and Minister of Labour and Deputy Finance Minister – Anil Jayantha.

This new service, established by the Inland Revenue Department, allows eligible foreign tourists to claim back the Value Added Tax (VAT) paid on purchases made during their stay in Sri Lanka. 

It stems from a policy proposal submitted to the President on March 14, 2025, by officials of the Gem and Jewellery Authority and the Ministry of Industries.
To qualify for a refund, tourists must have spent over 90 days in Sri Lanka and paid VAT exceeding Rs. 50,000.

The move aims to incentivize the purchase of Sri Lankan products by international visitors and improve the efficiency of tax collection. Officials highlighted that this step is expected to boost both the local retail sector and tourism.

Gem and Jewellery Authority Chairman Navin Suriyarachchi and representatives from the Inland Revenue Department were also present at the launch. A media briefing will soon be held to raise awareness among local businesses and tourism stakeholders.

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Alert raised on fake tickets for City of Dreams opening

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The management of City of Dreams Sri Lanka has urged the public to be aware of unauthorized tickets being circulated for its Grand Opening event, which is scheduled to take place on August 02.

In an official statement, the organizers emphasized that the event is strictly by invitation only and that no third parties have been permitted to sell, distribute, or issue tickets for the occasion.

“We have received reports of counterfeit tickets being offered via unofficial sources. We strongly advise the public to remain vigilant and avoid engaging with such offers,” the announcement stated.
For any inquiries or clarifications, the management encourages individuals to use the official communication channels of City of Dreams Sri Lanka to obtain accurate information.

Posted by City of Dreams Sri Lanka on Thursday, July 3, 2025

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