LNP – Govt. commences paddy purchase
The Paddy Marketing Board (PMB) says that the government-owned paddy stores will be kept open starting today (06) for the purchase of paddy from farmers.
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Business
LNP – Cabinet nod to import coconut kernel-related products equivalent to 200M coconuts
The Cabinet of Ministers has granted approval to import a capacity equal to 200 million coconuts of coconut kernel-related products and dried coconut pieces with coconut (non–copra) husks for manufacturing coconut oil adhering to the guidelines.
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LNP – Passport Office to operate 24 hours a day to issue 4,000 passports daily
Accordingly, a programme has been planned to issue 4,000 passports per day by facilitating the operations of the Department of Emigration and Immigration throughout the 24 hours
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LNP – New vehicles arriving soon; second-hand market to drop 10-15%: Importers
New vehicles will arrive in the country within the next two or three weeks. After their arrival, the existing second-hand market in the country is expected to decline by 10 to 15 percent, President of the Vehicle Importers’ Association of Sri Lanka, Prasad Manage said.
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LNP – Sri Lanka’s transport sector to be modernized with new fleet
Sri Lanka’s public transport sector is to be modernised with the introduction of 1,000 new buses including low-floor and super luxury buses to the fleet of Sri Lanka Transport Board (SLTB), Deputy Minister of Transport Dr. Prasanna Gunasena said.
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LNP – Sri Lanka announces luxury tax rates on imported private vehicles
The Sri Lankan government has published Gazette Notification No. 2421/41, signed by President Anura Kumara Dissanayake in his capacity as the Minister of Finance, Planning, and Economic Development, specifying the new luxury tax rates on private motor vehicles imported into the country effective from today (February 1, 2025).
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LNP – Sri Lankan govt. imposes 9 conditions on vehicle imports
The Sri Lankan government has officially lifted the temporary suspension on vehicle imports, which had been in effect since early 2020, through Gazette Extraordinary Notification No. 2421/44, dated January 31, 2025.
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LNP – Govt. mulls closure of state institutions deemed redundant
The government is making a fresh approach to revive the loss-making state institutions, which includes shutting down unviable entities, listing selected institutions on the Stock Exchange (CSE), merging certain organizations, and redefining operational mandates.
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LNP – Former CPC MD arrested over alleged misuse of Rs. 6.1 Mn
The Criminal Investigation Department (CID) arrested a former Managing Director of the Ceylon Petroleum Corporation (CPC) in connection with the alleged misuse of Rs. 6.1 million
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LNP – Owner of sapphire worth USD 400 million summoned to Presidential Secretariat
The gem businessman who had been facing political threats over a special blue sapphire valued at over USD 400 million was summoned to the Presidential Secretariat for inquiries last morning.
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