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Textbooks printed with Indian support, dispatched

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Textbooks printed with Indian support, dispatched

On 09 March 2023, the Minister of Education of Sri Lanka – Dr. Susil Premajayantha and the High Commissioner of India to Sri Lanka – Mr. Gopal Baglay formally dispatched a consignment of textbooks printed with Indian support at the State Printing Corporation (SPC) for use in various schools across Sri Lanka. 

The State Minister of Education – Mr. A. Arvind Kumar, senior officials of the Ministry including Secretary to the Ministry of Education Mr. Nihal Ranasinghe and officials from the SPC attended the event

A concessional Credit Facility of USD 1 billion was extended to the Government of Sri Lanka by the Government of India in March 2022 for supply of essential items including food, fuel, medicines, industrial raw materials etc. Out of this Facility, over USD 10 million has been used by SPC and private importers to procure printing paper and material from India. This is being used to print 45% of textbooks required by 4 million young students of Sri Lanka for the academic year 2023.
Speaking on the occasion, the High Commissioner stressed that India’s support for text books is an investment in Sri Lanka’s future and will contribute to the bright future of its young students. The Minister of Education appreciated India’s support to Sri Lanka in the last one year and timely assistance through the Indian Line of Credit to import paper for printing textbooks for school children. The State Minister of Education appreciated India’s helping hand to the people of Sri Lanka in these difficult times. The dignitaries also undertook a tour of SPC’s facilities and were briefed by the officials on its operations.

India and Sri Lanka enjoy a multi-faceted and multi-sectoral partnership. In line with its ‘Neighbourhood First’ policy, Government of India’s assistance to the people of Sri Lanka is extended in various forms, including through concessional Credit Facility and Lines of Credit. Till date, Lines of Credit worth over US$ 4 billion have been extended to Sri Lanka in diverse sectors including supply of essential items, petroleum, fertilizers, etc. development of railways, infrastructure, defence sector and renewable energy etc.

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UK’s relaxed trade rules to boost SL exports

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The Government of the United Kingdom (UK) has unveiled a package of reforms to simplify imports from developing countries like Sri Lanka after upgrades to the Developing Countries Trading Scheme (DCTS).

The changes, announced as part of the UK’s wider Trade for Development offer, aim to support economic growth in partner countries, including Sri Lanka, while helping UK businesses and consumers access high-quality, affordable goods.

New measures include simplifying rules of origin, enabling more goods from countries such as Sri Lanka, Nigeria, and the Philippines can enter the UK tariff-free, even when using components from across Asia and Africa.

These changes are expected to be in place by early 2026.

This move strengthens Sri Lanka’s position in its second-largest apparel market, supporting exports, jobs, and economic growth.

The British High Commissioner to Sri Lanka, Andrew Patrick, said: “This is a win for the Sri Lankan garment sector, and for UK consumers. With the UK being the second largest export market and garments making up over 60% of that trade, we know manufacturers here will welcome this announcement.

“We want Sri Lanka to improve the utilisation of the UK’s Developing Countries Trading Scheme for a wider range of goods, not just garments. With the Sri Lankan government’s ambition to grow exports, and with the simplification of rules of origin for other sectors too, we strongly encourage more exporters to explore how they can benefit from the preferences offered by the DCTS. The UK remains committed to working towards creating shared prosperity for both our countries.”

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Pakistan police arrest 149 including 2 Lankans in ‘scam call centre’ raid

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Pakistan police have arrested 149 people in a raid on a scam call centre, the country’s National Cyber Crime Investigation Agency (NCCIA) said on Thursday.

The agency told the BBC it acted after a tip-off about the network, which was operating in the city of Faisalabad.

It said the centre was involved in Ponzi schemes and tricked people into handing over vast sums of money in the name of fake investments.

Those arrested included 78 Pakistanis, 48 Chinese nationals, eight Nigerians, four Filipinos, two Sri Lankans, six Bangladeshis, two Myanmar nationals and one Zimbabwean national.
Eighteen of the 149 were women, the agency added.

A copy of a police report said victims of the alleged scam would initially receive a small return on their first investments, before being persuaded to hand over larger sums of money.

“The charged individuals ran WhatsApp groups where they lured ordinary people by assigning small investment tasks like subscribing to different TikTok and YouTube channels,” the agency said.

“Later, they shifted them to Telegram links for further online tasks requiring larger investments.”

Pakistani citizen Muhammad Sajid told BBC Urdu that he was added to a Telegram channel with tens of thousands of members and was impressed by the company’s work. He said he gave them more than 3.138 million rupees ($36,600) in various instalments.

The raid, which took place on Tuesday, saw authorities seize hundreds of computers, servers, cryptocurrency exchanges and foreign SIM cards from the site.

On Wednesday, 149 suspects appeared in court, 87 of whom were handed over to the NCCIA on a five-day physical remand.

A further 62 suspects have been transferred to the district jail on judicial remand until 23 July.

The agency said the raid was at the residence of Malik Tehseen Awan, the former head of Faisalabad’s power grid, who has not been arrested.

(BBC News)

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Milk tea price upped by Rs. 10

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The All Island Canteen and Restaurant Owners’ Association has announced a Rs. 10 increase in the price of a cup of milk tea.

Association President Harshana Rukshan stated that the decision was made in response to the recent rise in the price of imported milk powder.

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