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Port City Colombo breaks ground for premier business park

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The Port City Colombo yesterday (12) had its ground breaking ceremony for its premier business park, the Business Center. 

The Port City Colombo project, touted as the largest Public-Private Partnership (PPP) and Foreign Direct Investment (FDI) venture in Sri Lanka’s history, positions the nation as a prominent player in the region’s technology and commerce sectors. 

The project aims to create a dynamic space for knowledge exchange and innovation, drawing top talent from across South Asia.

The groundbreaking ceremony also marked the official welcome of Authorized Persons (APs) to operate within the Port City Colombo Special Economic Zone, further enhancing the project’s strategic importance.

Speaking at the ceremony, representatives from Port City Colombo highlighted the Business Center’s role as a catalyst for growth, innovation, and collaboration. 

They extended invitations to investors and global corporations to capitalize on the strategic advantages offered by the hub located at the heart of South Asia.

The event was graced by notable dignitaries including Prime Minister Dinesh Gunawardena, the Ambassador of the People’s Republic of China to Sri Lanka Qi Zhenhong, State Minister of Investment Promotion Dilum Amunugama, Chairman of the Colombo Port City Economic Commission Dinesh Weerakkody, and the Managing Director of CHEC Port City Colombo (Pvt) Ltd.

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Tower collapses on a house, injuring 02

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02 people have been injured when a part of a telecommunications tower collapsed on a house in the Upper Thannekumbura area of Kandy.

The Director General of the Disaster Management Center, retired Major General – Sampath Kotuwegoda, stated that the injured were a woman and her daughter who live in the house.

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Hearing of case against Yoshitha & his grandmother, adjourned

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The Colombo High Court has fixed the case filed against Yoshitha Rajapaksa – second son of former President Mahinda Rajapaksa – and his maternal grandmother Daisy Forrest (also known as “Daisy Achchi)” to be heard on July 11.

The Attorney General has filed the case alleging that the duo committed an offence under the Prevention of Money Laundering Act by illegally acquiring assets and properties valued at approximately Rs. 73 million.

The case was taken up today (30) before Colombo High Court Judge Aditya Patabendige and during the trial, Senior State Counsel Udara Karunatilaka, appearing for the prosecution, submitted a document relevant to the case to the court.

President’s Counsel Sampath Mendis, representing the defense, submitted a list of documents and witness statements required for trial preparation, and requested that the prosecution provide them to ensure a fair trial.

In response, Judge Patabendige directed the Senior State Counsel to take necessary steps to furnish the requested documents and statements to the defense.

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QR code introduced for easy TIN registration

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The Inland Revenue Department (IRD) has introduced a QR code to simplify the registration process for Taxpayer Identification Numbers (TINs), Commissioner General of Inland Revenue, Ms. R.P.G.H. Fernando said.

Through the QR code, individuals can conveniently check whether they are already registered with a TIN. If not, they will be guided on how to obtain one by contacting the Inland Revenue Department.

According to the department, over 10 million TINs have already been issued to the public as part of efforts to improve tax administration and compliance.

(dailymirror.lk)

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

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