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Another international win for Yupun

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Yupun Abeykoon came in second in the Men’s 100m event at the International Meeting ‘Città di Savona’ held in Italy by clocking a time of 10.04 seconds.

Accordingly, he qualified for the final and came in second in the final as well in 10.01 seconds.

Reece Prescod of England, who clocked 9.94 seconds, came in first.

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Bus collides head-on with lorry injuring 22

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A bus belonging to SLTB collided head-on with a lorry at Embulgama in Hanwella on the Colombo-Avissawella Road early this morning (9).

The drivers of both vehicles and 20 bus passengers were injured in the accident and hospitalized.

The accident occurred when the lorry travelling from Colombo towards Avissawella collided head-on with the bus travelling from Akkaraipattu to Colombo.

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Chinese National protest deportation at BIA!

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The Chinese man, who was arrested for entering Sri Lanka with a fake passport, has behaved aggressively saying that he cannot return to China when he was brought to the Bandaranaike International Airport (BIA) to be deported, airport sources said.

He was brought to the airport yesterday (08) around 5 pm under strict security of two STF officials, a police inspector from the Police Narcotics Bureau and an officer from the Immigration Department.

Sources said that when he was brought to the final gate to board the plane, he began to behave violently saying that he could not return to China.

A senior official at the airport said that the security personnel had to use force to get the Chinese national to board the SriLankan Airlines flight UL884 and took him to China with great effort.

The three police officers and the immigration officer also went to China along with the suspect.

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ADB provides SL access to concessional financing

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The Asian Development Bank (ADB) on Wednesday said it has approved Sri Lanka’s eligibility to access concessional financing.

The availability of concessional assistance, offered at low interest rates, broadens Sri Lanka’s options to bridge its urgent development financing needs to restore economic stability and deliver essential services, particularly to the poor and vulnerable, the Philippines‎-based regional development bank said in a press release.

Eligibility for concessional resources among the ADB’s developing member countries is based on gross national income per capita and creditworthiness.

ADB explained that its decision was considered based on a request from the Sri Lanka government in view of the severe and unprecedented economic crisis that has reversed hard-won development gains.

“ADB is committed to further enhancing its support for the people of Sri Lanka as the country responds to this deep crisis that has severely undermined their livelihoods and well-being,” said ADB Director General for South Asia, Kenichi Yokoyama. “The availability of concessional assistance will help Sri Lanka to lay the foundation for economic recovery and sustained, inclusive growth.”

Thus, Sri Lanka is now eligible for ADB support including concessional and market-based financing, technical assistance, policy advice, and knowledge solutions that together comprise a comprehensive suite of options to address the crisis.

The ADB notes that access to concessional financing will also ease debt servicing pressures through more favourable lending terms.

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