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President to visit Cuba

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President Ranil Wickremesinghe is set to depart for Cuba to address the G77 + China Leaders’ Summit next week. This summit, themed “Current Development Challenges: Role of Science, Technology and Innovation,” is scheduled for September 15 and 16, 2023, in Havana, Cuba.
President Wickremesinghe’s participation in the summit comes as a result of an official invitation from Cuban President Miguel Diaz-Canel. Alongside the summit, there are plans for bilateral discussions between President Wickremesinghe and the Cuban President to further strengthen the cooperation between Sri Lanka and Cuba.

The G77 + China Leaders’ Summit represents the largest intergovernmental coalition of 134 developing nations, as recognized by the United Nations. It serves as a platform for Southern countries to voice and promote their shared economic interests while enhancing their collaborative negotiating capabilities.

 This conference offers an opportunity to address contemporary challenges in the realms of science, technology and innovation, exploring cooperative solutions, particularly through inter-Southern collaboration. The leaders of these nations are expected to adopt the ‘Havana Declaration’ during the summit, which will outline guidelines for reforms and new approaches to enhance cooperation among Southern countries in the fields of science, technology and innovation.

Ms. Aruni Wijewardena, Secretary of the Ministry of Foreign Affairs, along with a delegation of senior officials from the Ministry of Foreign Affairs, will also accompany the President for this significant conference.

(President’s Media Division)

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Seat belt compulsory for bus drivers from today

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The National Transport Commission (NTC) has announced that starting today (July 01), it will be mandatory for all bus drivers to wear seat belts, with strict penalties for non-compliance.

Under the MotorTraffic Act, bus drivers are legally required to wear seat belts, but a rise in accidents due to drivers ignoring this rule has prompted the authorities to re-enforce it.

Police confirmed that action will be taken against drivers who fail to comply.

Meanwhile, the Ministry of Transport has also stated that wearing seat belts will be made mandatory to all passengers of light vehicles travelling on expressways from August 01, 2025.

Meanwhile, wearing seat belts will also be mandatory to all passengers of all vehicles on expressways from September 01, 2025.

Minister of Transport, Highways, Ports, and Civil Aviation Bimal Rathnayake also confirmed the directive while speaking to media this morning (July 01) during an inspection tour at the Colombo Central Bus Stand.

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End of parate relief for large SMEs

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The grace period granted to small and medium-sized enterprises (SMEs) under Sri Lanka’s Parate Execution Law officially ended midnight yesterday (June 30) for businesses with loans exceeding Rs. 50 million.

The Parate Law grants banks the authority to seize properties pledged as collateral without court proceedings. Although its implementation had been suspended for three months by the current administration—and for six months earlier under former President Ranil Wickremesinghe—it has now been reinstated, triggering serious concern among entrepreneurs.

Deputy Minister of Economic Development – Dr. Anil Jayantha Fernando  has stated that the government intends to hold discussions with all relevant parties in the coming days to address the issues linked to the law’s reimplementation.

Meanwhile, Opposition Leader – Sajith Premadasa has warned that the re-implementation of the Parate Execution Law could lead to the rapid auctioning of assets from small, medium, and micro businesses, putting them at risk.

In a statement yesterday (June 30), he emphasized that these businesses contribute over 50% to Sri Lanka’s Gross Domestic Production (GDP) and employ over 04 million people.

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Ex-SriLankan Airlines chief produced before court

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Former Chairman of SriLankan Airlines – Nishantha Wickramasinghe has been produced before the Colombo Magistrate’s Court by prison officials today (July 01).

Wickramasinghe was arrested last week by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) and is currently in remand custody,

Related News :

https://srilankamirror.com/news/2-ex-heads-of-govt-institutions-arrested/

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