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Japanese Foreign Minister to visit SL on July 28th

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Japanese Foreign Minister Yoshimasa Hayashi will visit Sri Lanka on July 28.

It is the first ministerial visit from Tokyo to Colombo since 2019. 

The Harvard-educated senior politician from Japan is expected to hold talks on the ongoing debt restructuring process which is co-chaired by the Japanese government, and new avenues of bilateral cooperation following the visit of President Ranil Wickremesinghe to Tokyo in late May.

The Japanese Foreign Minister’s visit on July 28 and 29, with a delegation of 24 personnel, is the first high-level tour from a country outside the South Asian region since last year, and is expected to enhance the scope of relations between Sri Lanka and Japan. 

The visiting delegation is expected to hold talks with the President, the Prime Minister and the Foreign Minister.

During a recent visit to Akita, Sri Lanka’s Ambassador Rodney Perera discussed with Japan’s Foreign Minister Hayashi potential projects under the Joint Crediting Mechanism (JCM) signed between the two countries, and mutual efforts to promote private sector tie-ups under the bilateral agenda.

Source – sundaytimes.lk

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Forests on state lands to be designated as reserves

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The Ministry of Environment has decided to designate several forests located on state owned lands as official forest reserves.

Deputy Minister – Anton Jayakody has stated that such forests, each spanning 05 hectares or more, have been identified in every district.

Special priority will be given to designating forest reserves on mountain peaks.

In the first phase, 20 forests in districts including Monaragala and Ampara have been selected under the new program named ‘Vanaspathi’,  he said.

He further said the initiative aims to protect these forest areas and expand the country’s forest cover.

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No cases filed against 22 banned pyramid schemes – CBSL

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Although the Central Bank of Sri Lanka (CBSL) has banned 22 institutions operating illegal pyramid schemes, no legal action has been taken against any of them so far, according to reports.

This was disclosed during a workshop held at the CBSL yesterday (July 08) on the dangers of pyramid schemes.

According to CBSL officials, after initial investigations, the files were handed over to the Criminal Investigation Department (CID) for further inquiry.

The CID’s Financial Crimes Unit has reportedly completed its investigations and submitted findings to the Attorney General’s Department, which is responsible for filing cases.

However, it was noted that not a single case has been filed to date.

The CBSL states that investigations will be continued against companies engaged in these illegal practices and hopes at least one or two such cases would be filed by the end of this year or early next year (2026).

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NPP’s Nishantha Jayaweera sworn in as MP

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U. D. Nishantha Jayaweera was sworn in as a National People’s Power (NPP) National List Member of Parliament before the Speaker of the House – Dr. Jagath Wickramaratne, today (July 09).

He fills the Parliamentary seat left vacant following the resignation of Dr. Harshana Suriyapperuma last month.

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