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Sri Lanka’s inflation rises to 2.8% in November

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Sri Lanka’s inflation, based on the National Consumer Price Index (NCPI), increased to 2.8 percent in November, from 1 percent reported in October, the Department of Census and Statistics said on Thursday.

The Department said inflation of the food category rose from -5.2 percent to -2.2 percent during the period, while the inflation of the non-food category gained from 6.3 percent to 7.1 percent.

The NCPI has been released monthly, from October 2015, with a time lag of 21 days, reflecting new methods consistent with international best practices.

State Minister of Finance Ranjith Siyambalapitiya said that Sri Lanka’s inflation is expected to rise to 5 percent next year after the government raises the value-added tax (VAT) to 18 percent from January 2024.



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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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