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President emphasizes need to immediately execute Singapore – SL FTA

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President Ranil Wickremesinghe instructed the relevant officials to implement the Singapore-Sri Lanka Free Trade Agreement (FTA) immediately.

The President issued these instructions during the discussion held at the Presidential Secretariat this morning (16) on the implementation of the Singapore-Sri Lanka Free Trade Agreement.

The existing problems in this regard were discussed at length and the President highlighted the need to provide quick solutions to all the existing problems.

Presidentís Secretary Mr. Saman Ekanayake, Senior Economic Advisor to the President Dr. R.H.S. Samaratunga, Attorney General Sanjaya Rajaratnam, Secretary to the Ministry of Trade, Commerce and Food Security S.T. Kodikara, and Heads of Line institutions were present at this discussion.

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Police media spokesman resigns

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The Sri Lanka Police Media Spokesman SSP Buddhika Manatunga has tendered his resignation from the position.

According to reports, he has handed over his letter of resignation to the Acting IGP Priyantha Weerasooriya.

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Speaker endorses certificate on Inland Revenue (Amendment) Bill

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Hon. Speaker of Parliament endorses the certificate on the Bill

The Inland Revenue (Amendment) Bill was passed without amendments in Parliament today (20).

The debate on the Second Reading of this Bill was held today from 5:40 PM to 7:10 PM. Subsequently, following the consideration of the Bill at the Committee Stage, the Inland Revenue (Amendment) Bill was passed in Parliament.

The Inland Revenue (Amendment) Bill was presented to Parliament for its First Reading on 01.03.2025.

Furthermore, Speaker, Dr. Jagath Wickramaratne endorsed the certificate on Inland Revenue (Amendment) Bill today (20), in accordance with Article 79 of the Constitution.

Accordingly, this Bill will be enforced as the Inland Revenue (Amendment) Act No. 02 of 2025.

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Japan provides fire trucks to Sri Lanka

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The Government of Japan, through a grant assistance of JPY 300 million, has decided to provide state-of-the-art Japanese fire trucks to the Government of Sri Lanka to strengthen disaster response capabilities in the country’s Export Processing Zones (EPZs), ensuring a safer business environment and contributing to economic and social stability.

Ambassador of Japan to Sri Lanka – Mr. Akio Isomata SOMATA and Secretary of the Finance Ministry – Mr. K. M. M. Siriwardana, today (March 20) signed and exchanged notes in Colombo on this grant assistance.

The EPZs play a crucial role in Sri Lanka’s economy by attracting investment and driving industrial growth. 

The increasing risks of fire hazards and other emergencies risk hampering its critical functions. 

The Japanese fire trucks, equipped with cutting-edge technology, will bolster the capacity of EPZs, safeguarding businesses, workers, and communities.

The project also underscores Japan’s unwavering commitment to addressing Sri Lanka’s socio-economic challenges and promoting sustainable development.

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