Latest News
512, 000 hectares of paddy fields cultivated in the Yala season – Minister
Minister of Agriculture Mahinda Amaraweera during a press conference themed ‘One Year of Progress’ held at the Presidential Media Centre (PMC) today (17) said that 512,000 hectares of paddy fields were cultivated in the Yala season
The minister said that as a result of President Ranil Wickremesinghe’s strategy to modernize the agricultural industry it was expected that 80% of the nation’s agricultural needs would be produced by 2025 and added that the use of contemporary technologies in agriculture can improve production of fruits and vegetables intended for export and reduce the amount of agricultural crops that are imported.
Business
Cabinet nod to celebrate centenary of Tea Research Institute from 9th November to 14th November 2025
The Cabinet of Ministers has approved the proposal presented by the Minister of Plantation and Community Infrastructure Facilities to hold the 26th Session of the Intergovernmental Group on Tea of the Food and Agriculture Organization of the United Nations and the 4th Annual Meeting of the Asian Tea Alliance to commemorate the Centenary Anniversary of the Tea Research Institute in Colombo from 9th November to 14th November in 2025 and to take necessary steps in that respect.
Latest News
Cabinet green light to establish the Aircraft Accident Investigation Bureau of Sri Lanka (AAIBSL)
The Cabinet of Ministers granted approval to the resolution furnished by the Minister of Transport, Highways, Ports ad Civil Aviation to prepare the relevant draft bill to establish the Aircraft Accident Investigation Bureau of Sri Lanka (AAIBSL) in accordance with the Civil Aviation Authority of Sri Lanka Act No. 34 of 2002
As proposed in the budget speech for the year 2025, the government has decided to implement a special fixed deposit scheme for senior citizens.
Accordingly, the Cabinet of Ministers granted approval to the proposal submitted by the President in his office as the Minister of Finance, Plan Implementation and Economic Development to implement the proposed special fixed deposit scheme as follows:
• To implement this scheme for fixed deposits opened within the period from 01.07.2025 to 31.12.2025 by Sri Lankan citizens of age 60 years or more.
• The period of the fixed deposit is 12 months (one year) and, the maximum deposit value is rupees one million.
• Payment of the higher value from the value when a 3% of additional annual amount to the average weighted fixed deposits rate (AWFDR) or the value when a 3% addition is made to the declared fixed deposit interest rate.
• Allocation of rupees 30 billion for payment of interest relief for this whole programme
Opp. MPs stage walkout over Speaker’s bias against them
Senior SLAS officer succeeds Bogollagama as SL’s UK HC
EUR 390 mn debt stock rescheduled until 2042 – French Embassy in Colombo
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