News
‘SL can save Rs. 3Bn annually if people use e-payment platforms for their transactions’
by Priyan de Silva
Sri Lanka can save three billion rupees spent annually to print currency notes if the public use e-payment systems for their transactions, parliamentarian Chandima Weerakkody said.
He was the guest-of-honour at a ceremony in Galle on Saturday to promote the Central Bank’s ‘Mulu Ratatama ‘LANKAQR’, an integrated payment system initiative in the Southern province.
“With Rs. 3 billion saved, we can develop the East Container Terminal as well as the West Container Terminal of the Colombo port”, he noted.
He said the IT literacy rate in Sri Lanka was high and over 190,000 businesses registering with LANKAQR within a period of six months proved this point.
“We are seeing what we preached on political platforms now turning into reality”.
Governor of the Central Bank of Sri Lanka, Professor W. D. Lakshman, Chairman and CEO of Hatton National Bank PLC, Jonathan Alles, Chairman and CEO of SDB Bank, Thilak Piyadigama and top government and financial sector officials participated in the promotion.
The Vatican has announced the Pope’s funeral will take place on Saturday, 26 April at 10:00 local time (09:00 BST).
The Cabinet of Ministers granted approval to the resolution furnished by the Minister of Transport, Highways, Ports and Civil Aviation to appoint Kamal Amarasinghe, a Special Grade Officer in Sri Lanka Administrative Service currently serving as the Secretary to the Ministry of Highways, Transport, Housing and Construction of the North Western Provincial Council to the post of the Commissioner General of Motor Traffic
News
Orders under the provisions of the Prevention of Corruptions Act No. 9 of 2023 for concurrence of parliament
The Cabinet of Ministers granted approval to the resolution furnished by the Minister of Justice and National Integration to submit the anti – corruption (assets and liabilities statements) orders 2025 published by the extraordinary gazette notification No. 2428/43 dated 20.03.2025 for the concurrence of the Parliament.
-
Business4 days agoDIMO pioneers major fleet expansion with Tata SIGNA Prime Movers for ILM
-
News3 days agoFamily discovers rare species thought to be extinct for over a century in home garden
-
Features6 days agoNipping the two leaves and the bud
-
Features5 days agoProf. Lal Tennekoon: An illustrious but utterly unpretentious and much -loved academic
-
Features6 days agoAvurudu celebrations … galore
-
Foreign News3 days agoChina races robots against humans in Beijing half marathon
-
News6 days agoCounsel for Pilleyan alleges govt. bid to force confession
-
Editorial4 days agoSelective use of PTA