The Cabinet of Ministers has approved the joint resolution furnished by the President in his capacity as the Minister of Finance, Planning, and Economic Development and the Minister of Industries and Entrepreneurship Development to phase the removal of Cess tax imposed on imported goods under 2,634 combined classification codes identified over 4 years [from 2026 to 2029\.

Around 140 people are missing after an Iranian navy ship sank off the coast of Sri Lanka.

The Sri Lankan navy says around 180 people were on board, with 32 rescued. A spokesman tells the BBC the cause of the sinking is not known

Sri Lanka’s navy has confirmed that it’s rescued 32 people after it received a distress call from Iranian navy ship ‘IRIS Dena’ early this morning.

Budhika Sampath, the spokesman of Sri Lanka’s navy says: “Though it was beyond our waters, it was within our search and rescue region. So we were obliged to respond as per international obligations.”

He adds: “We found people floating on the water, rescued them, and later when we inquired we found that those people are from an Iranian ship.”

He also says that according to the documentation of the ship 180 people are believed to have been on board, although the exact number of missing is unknown.

The spokesman says at the time of launching the rescue operations they did not see the vessel but saw oil patches on the water and floating life rafts.

He also tells the BBC that he rejects the reports of a submarine attack causing the sinking, and that the cause is unknown.

Earlier the secretary of the country’s defence ministry Air Vice Marshal Sampath Thuiyakontha told BBC Sinhala that around 140 people are thought to be missing.

So far, Sri Lanka’s military has not been able to confirm what might have caused the ship to sink.

[BBC]

Prime Minister Dr Harini Amarasuriya stated that the necessary financial allocations for the development of infrastructure in provincial schools have been provided to all provinces. She emphasized that these funds must be utilized effectively for school development and requested that relevant authorities submit proposals to address existing shortcomings in school infrastructure.

The Prime Minister made these remarks during a cordial meeting with Muslim women in the Wellawaya area on 1st of March.

Subsequently, the Prime Minister met with the Chief Sanghanayake of the Uva Wellassa region and the Chief Incumbent of Yudaganawa Rajamaha Viharaya, Venerable Rajakeeya Panditha Most Venerable Galtemwatte Nandarathana Nayaka Thero, and briefed him on the current progress of the new education reforms.

She further stated that, while ensuring due recognition for vocational education, steps are being taken to develop 50 vocational training centers equipped with modern courses, covering all 25 districts of the country. She also noted that new education reforms will be introduced for Grade 6 starting in 2027, and that the printing of new textbooks will be entrusted to the Educational Publications Department of the Ministry of Education.

The occasion was attended by Uva Province Governor Attorney-at-Law Kapila Jayasekara, Deputy Minister of Trade, Commerce and Food Security R.M. Jayawardhana, Member of Parliament Ruwan Wijewardene, local government representatives, the Buttala Divisional Secretary and the District Secretary.

[Prime Minister’s Media Division]