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People’s Bank refutes “misleading media reports”

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“State bodies not asked to move their accounts”

People’s Bank Friday countered what it called “misleading media reports” saying that not a single state institution has made any ‘direct or indirect requests or instructions’ to transfer their existing accounts from the People’s Bank to other banks.In a statement the People’s Bank said that there were misleading reports in the media regarding state institutions’ bank accounts.

The bank statement said: “With regard to these reports, we would like to clarify that we have not received any direct or indirect requests or instructions from any state institution to close their accounts with us.

“We wish to strongly emphasize that People’s Bank has always been a trusted partner for state

organizations in providing reliable banking services, including instances where such services were provided at the expense of profitability, in order to serve the country’s best interests.

“Our institution is well-equipped to meet the financial needs of all our public and private sector customers and we have a strong track record of providing customized banking   solutions that cater to their unique requirements.

“We take this opportunity to thank our customers for their continued trust in us, and look forward to serving them with our full commitment and dedication.”



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Four dead 32 injured in head on collision at Weerawila

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(Pic PRIYAN DE SILVA)

Four persons including a Budhist monk died and 32 others were injured when two SLTB buses collided  head  on at Weerawila at arond 12 noon today (18).

Three of the deceased were women. 22 of the injured were admitted to the Hambanthota  Hospital while 10 others have been admitted to the Debarawewa hospital.

 

 

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JMSDF ship OONAMI concludes goodwill visit

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The Japan Maritime Self-Defence Force (JMSDF) ship OONAMI which  arrived at the port of Colombo on a goodwill and replenishment visit on 09 Mar 26 departed  on 11 March.

The departing ship was given  a  formal farewell from the Sri Lanka Navy, in keeping with naval traditions at the Port of Colombo.

The 150.5m long JMSDF OONAMI is commanded by Commander IIO Hiromasa.

During the stay in the island, crew members of the ship explored some tourist attractions in Colombo. The itinerary also included a coastal clean-up drive participated by naval personnel of both countries and engagements with the Sri Lanka Navy, designed to strengthen the bonds of friendship and cooperation.

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Cabinet nod to amend Central Cultural Fund Act No. 57 of 1980

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The Central Cultural Fund established under the provisions of the Central Cultural Fund Act No. 57 of 1980 is responsible for development of cultural and religious monuments in Sri Lanka, settling the expenditure borne for development, renovation and conservation of local and foreign cultural monuments, awarding financial donations for artisans as well as awarding those who served the nation in the fields of culture and religious sectors.

The said act has been passed in  Parliament 45 years back and, the requirement to revise the provisions of the act according to the contemporary requirements haa been recognized.

Accordingly, the Cabinet of Ministers granted their policy
approval to amend the said act, considering the resolution furnished by the Minister of Buddhasashana, Religious and Cultural Affairs.

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