Connect with us

News

Sri Lanka to host Digital Economy Summit in July

Published

on

The State Minister for Technology, Mr. Kanaka Herath, announced that the anticipated National Cyber Security Act will be introduced this year, followed by the establishment of the Cyber Security Authority.

Additionally, the State Minister underscored the preparations made for the Digital Economy Summit scheduled to take place in Sri Lanka by the end of July. The summit serves as a platform for fostering innovation, collaboration, and investment in digital technologies, thus propelling the country towards a more resilient and prosperous digital economy.

Speaking at a press briefing titled “Collective Path to a Stable Country” held at the President Media Centre (PMC) today (29),

State Minister Herath further said;

The digital economy, which previously stood at 4.73%, has now surpassed the 5% mark, indicating significant growth.

This expansion has notably bolstered the country’s overall economic resilience. To further enhance this momentum, preparations are underway for the Digital Economy Summit scheduled to take place in Sri Lanka at the end of July. The summit aims to attract both local and foreign investors, with collaborative efforts from foreign embassies, the Ministry of Foreign Affairs, and the Ministry of Investment Promotion facilitating this initiative.

Furthermore, a sum of Rs. 50 million derived from the profits of Sri Lanka Standards Institution (SLSI) was allocated to the treasury in the previous year. In line with President Ranil Wickremesinghe’s proposal, a new initiative has been launched to uplift small and medium-sized industrialists, who constitute 52% of the country’s economy. This endeavour seeks to empower such enterprises technologically, offering them Good manufacturing practice (GMP) and SLSI certifications. Additionally, plans are underway to facilitate access to low-interest loans through the Asian Development Bank (ADB), with the ultimate goal of guiding these small and medium-sized industrialists into the market.

(dailynews.lk)

News

Legitimacy of SJB questioned!

Published

on

By

It has been reported that a group in the government ranks is attempting to file a case with the Supreme Court over the legitimacy of the main opposition party – Samagi Jana Balawegaya (SJB).

In the backdrop of the SC ruling that Diana Gamage is not legally qualified to hold a Parliamentary seat as she is a dual citizen, this group is pointing out that such an individual cannot register a political party.

Speaking in Parliament yesterday (May 08), Minister Kanchana Wijesekera also raised this point saying that the validity of the SJB is now questionable as Gamage had registered the party.

Related News :

Continue Reading

News

2 retired military officers arrested 

Published

on

By

A retired Major General and a Sergeant Major who were involved in an organized racket of sending retired military personnel as mercenaries to Russia have been arrested by the officers of the Trade, Smuggling and Maritime Crime Investigation Division of the Criminal Investigation Department yesterday (8) night.

Information from the Criminal Investigation Department stated that the Major General called Prasanna Ranawaka was an Army division Commander who retired from military service in 2022 and the Sergeant Major was a person named Sarath Wijesinghe.

Following a long investigation by the CID regarding this racket, the Major General and the Sergeant Major have been arrested.

These two suspects are residents of Kurunegala.

It is alleged that more than 500 retired military personnel have been sent to Russia as mercenaries and they have been promised high salaries and even citizenship in Russia, in some instances.

Investigations have now revealed that retired soldiers from this country have been taken and sold to the mercenary army after promising them jobs in Russian military camps.

Information has surfaced that six Sri Lankan’s have died and more than 25 people have been injured due to the Ukrainian attacks.

(dailynews.lk)

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

Continue Reading

News

President calls for unified environment, climate change law

Published

on

By

President Ranil Wickremesinghe emphasized on-going efforts to enact unified legislation addressing environmental protection and climate change. He highlighted the government’s commitment to crafting economic policies geared not only towards fostering export-oriented competitiveness but also towards transitioning to a green economy, aiming to achieve net-zero by 2050. 

Acknowledging the recent prolonged spells of extreme climate conditions as indicative of future climate change impacts, the President stressed the urgency of addressing climate mitigation measures promptly. 
He made these remarks while addressing the inaugural session of the Sri Lanka Climate Summit which commenced yesterday (07) at the Shangri-La, Colombo.

The inaugural Sri Lankan Climate Change Conference, hosted by the Sri Lanka Chamber of Commerce, commenced yesterday under the theme “Climate Action for our Nation and the Planet.” Scheduled to run until May 09, the summit aims to foster a comprehensive understanding of the multifaceted climate crisis, both from a global and national standpoint. It seeks to assess potential disruptions to critical sectors of the economy and deliberate on policy reforms necessary for transitioning towards a low-emission, climate-resilient economic framework.

During his address, President Wickremesinghe highlighted the nation’s proactive approach to combating climate change. He announced the establishment of a dedicated climate change centre in Sri Lanka and his instructions to the officials to model legislation based on the United Kingdom’s Climate Act, endorsed by global financial institutions. The President emphasized the significance of Sri Lanka’s role in addressing climate change, particularly within the Indian Ocean and the tropical belt and outlined plans for the International Climate Change University to be established in the country.

Continue Reading

Trending

Copyright © 2024 Sri Lanka Mirror. All Rights Reserved