News

Programme to be prepared on exporting excess Ethanol

Published

1 year ago

November 24, 2023

editor

It was revealed in the Sectoral Oversight Committee on Increasing Export of Goods & Services that ethanol, which is a by-product of sugar factories, is currently in excess. Accordingly, the officials pointed out the need to prepare a program to export the ethanol in accordance with proper standards.

This was discussed when the Committee on Sectoral Oversight Committee on Increasing Export of Goods & Services met in Parliament on 21.11.2023 under the chairmanship of Member of Parliament – Buddhika Pathirana.

Benefiting from Ethanol import ban

It was revealed in the committee that sugar factories are currently benefiting due to the ban on the import of ethanol. Officials stated that it is more effective to issue alcohol production licenses to those sugar factories as this ethanol, which is a by-product of sugar production, is used for alcohol production.

The officials pointed out to the committee that the requirement of sugar in this country is about 600,000 metric tons. However, it was revealed in the committee that only 10% or 60,000 metric tons are produced in Sri Lanka for that need. Accordingly, the committee instructed the officials to prepare and submit an action plan to increase sugar production in 2024 within three months.

Creating awareness on sugar consumption

Also, since the knowledge of the people of this country about sugar consumption is at a very low level, the committee instructed the officials to prepare a formal programme to educate the people.

Officials said that although there is a good demand abroad for palmyrah arrack and other types of alcohol produced in Sri Lanka, the market has not been able to expand due to the weaknesses in the standards. Accordingly, the officials also pointed out the importance of taking necessary measures for the export of alcohol products in Sri Lanka in accordance with the proper standards.

News

Faiszer Musthapha’s name gazetted as MP

Published

17 hours ago

December 11, 2024

editor

Former Minister Faiszer Musthapha’s name has been gazetted by the Election Commission as a National List MP of the National Democratic Front.

The NDF contested under the symbol of a Gas Cylinder at the recently concluded General Election.

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News

CID ordered to develop program to reimburse ‘Onmax DT’ depositors

Published

18 hours ago

December 11, 2024

editor

The Criminal Investigation Department (CID) has reported to the Colombo Magistrate’s Court that a total of 2,017 complaints have been filed by depositors who claim to have been cheated out of their money after investing in ‘Onmax DT,’ a private firm alleged to have been operating a pyramid scheme.

According to the CID, the total estimated financial losses incurred by the complainants amounts to around Rs. 2.96 billion.

During a hearing before Colombo Chief Magistrate Thilina Gamage today (11), CID officials disclosed that a total of 865 new complaints have been received since the last hearing, and that additional complaints continue to be received.

Nine suspects, including the directors of Onmax DT, appeared before the court for the hearing. The CID further informed the court that three other suspects remain overseas, and open warrants have been issued for their arrest.

Investigations against the suspects are being conducted under the Prevention of Money Laundering Act and the CID revealed that inquiries into two suspects have been completed and the excerpts of the investigations have been referred to the Attorney General.

Additionally, the CID officials informed the court that properties belonging to the suspected directors have been identified in foreign countries, including Australia, and investigations are being carried out in collaboration with the INTERPOL.

Colombo Chief Magistrate Thilina Gamage instructed the CID to immediately develop a program to reimburse the depositors who suffered financial losses.

The court ordered the CID to present an update on the progress of the investigation at the next hearing, scheduled for February 5, 2025.

(adaderana.lk)

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

News

New Naval Attaché at Chinese embassy in SL calls on Navy commander (Pics)

Published

18 hours ago

December 11, 2024

editor

The new Naval Attaché at the Embassy of the People’s Republic of China in Sri Lanka, Senior Captain Zheng Zhaoping called on Commander of the Navy – Vice Admiral Priyantha Perera at the Navy Headquarters on Dec.10.

During the ensuing meeting, they exchanged views on several matters of bilateral importance, and the cordial discussion drew to a close with an exchange of mementoes, as a gesture of goodwill and cooperation.

Director General Health Services, Rear Admiral Janaka Marambe, Director General Operations, Rear Admiral Buddhika Liyanagamage, Director Naval Operations, Commodore Aruna Weerasinghe and Defence Attaché at the Embassy of the People’s Republic of China in Sri Lanka, Senior Colonel Zhou Bo were present on this occasion.