Connect with us

News

JICA to resume funding for BIA Terminal 2 expansion

Published

on

The Japan International Cooperation Agency (JICA) has agreed to resume the 2nd terminal of the Bandaranaike International Airport (BIA) extension project, under a concessionary loan scheme.

Sri Lanka’s Ministry of Ports, Shipping & Aviation said that JICA agreed to provide Rs. 170 Billion for the construction that will proceed under the concessionary loan scheme.

After the completion of the Terminal, the airport will be able to handle 16 million passengers per annum, from the current number of 6 million, and eventually ease the air traffic movement.

JICA delegates had informed Minister Nimal Siripala that an agreement for the concessionary loan scheme will be signed soon, and tenders for the construction process will be called for in September.

(News 1st)

(Except for the headline, this story, originally published by News 1st has not been edited by SLM staff)

News

World Social Media Day observed today

Published

on

By

World Social Media Day is marked today (June 30).

Social media has become an integral part of our daily lives, revolutionizing the way we connect, communicate, and share information. World Social Media Day celebrates the power and impact of social media platforms in bringing people together from all corners of the globe.

This year’s theme for World Social Media Day is ’empowering voices and building communities,’ which emphasises the power social media gives to users and businesses to echo their opinions and messaging and make an impact through content-based storytelling among their loyal follower bases.

The World Social Media Day was founded by tech media company Mashable in 2010 to recognise the rapid influence of social media on how people connect and showcase their creative instincts through it.

SixDegrees was the first social media networking site launched on the internet back in 1997 and allowed users to connect with their friends and families through different features, ultimately paving the way for leading social media platforms like X (formerly Twitter), Instagram and Facebook.

over 4.9 billion people across the world are estimated users on various platforms with an average social media user spends 2.5 hours daily on these apps.

Continue Reading

BIZ

Printed book prices up by 20% due to VAT & NBT

Published

on

By

The National Book Traders Association says that the price of printed books has increased by 20% due to the imposition of Value Added Tax (VAT) and Nation Building Tax (NBT).

Sri Lanka Book Publishers’ Association President – Mr. Samantha Indeewara, made this statement while speaking at the annual anniversary event of the National Book Traders Association.

“The price of a book has increased by 20%, or about one-fifth. Officials are confusing the issue. Previously, there was a 15% VAT imposed on many items but there was no VAT on printed books. That’s what directly changed from 0% to 18%. Stationery previously had only 3% VAT. They are mixing up these two categories.”

“Around a week ago, there was a letter from the Presidential Secretariat stating that they are conducting an analysis regarding VAT and will subsequently provide an answer,” he added.
Meanwhile, Mr. Gamini Moragoda, patron of the National Book Traders Association, also expressed his views to the media on the matter:

“A VAT that is not levied in any other country in the world is being imposed on our books. The introduction of this tax from Jan. 2024, which didn’t exist in Sri Lanka for 75 years, is destroying the book industry. If this continues, a child will not be able to afford a single book in the future,” he pointed out.

Continue Reading

News

Committee to focus on minimising accidents involving fishing vessels

Published

on

By

Fisheries, Aquatic Resources, and Ocean Resources Minister Ramalingam Chandraseker, has taken decisive steps to appoint a special committee focused on preventing and minimising accidents involving fishing vessels at sea.

Following this directive, the Minister has formally instructed the Fisheries and Aquatic Resources Department Director General Susantha Kahawatta to establish the committee and prepare comprehensive recommendations to enhance maritime safety.

This move comes in response to a series of tragic incidents that occurred on June 28, when several fishing boats departing from the Dondara, Beruwala and Tangalle harbours met with accidents at sea, resulting in the loss of several fishermen’s lives. In addition to investigating these incidents, the committee will focus on raising awareness within the fishing community to help prevent similar tragedies in the future.

Director General Susantha Kahawatta stated that the Ministry is closely monitoring the situation. He confirmed that all necessary efforts are underway to locate the missing fishermen and to provide relief and support to the affected families.

He further emphasised the Ministry’s continued commitment to the safety and welfare of the fishing community and assured that proactive measures will be introduced to reduce the risk of such incidents going forward.

(dailynews.lk)

(This story, originally published by dailynews.lk has not been edited by SLM staff)

Continue Reading

Trending

Copyright © 2024 Sri Lanka Mirror. All Rights Reserved