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Yearly Archives: 2018

Cabinet approves Air Transport Bill

The Air Transport Bill which will give effect to the Montreal Conventions and deals with conforming to international standards and rules on international carriage of passengers, baggage and cargo was approved by the Cabinet. The Montreal Convention which has been ratified by 112 countries protects the interests of passengers by …

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Govt to deposit cash to farmers’ bank accounts for fertiliser

The government will deposit cash for full market value of fertilizer to farmers bank accounts from next cultivation season, Agriculture Minister Duminda Dissanayake said. He stated that in addition to banking cash for fertiliser to cultivate paddy, corn, soya and onion, each farmer will receive a free agri insurance cover …

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Government cuts state land lease rentals for agriculture

Sri Lanka has cut the lease rentals charged on state land released for commercial agriculture, Lands Minister Gayantha Karunathilake said. Though concessions were given for state land released for housing and industry, land released for commercial agriculture is charged a higher rate, he said. Under concessions approved by the cabinet …

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Japanese Taisei wins contract of Phase III of Central Expressway

The contract for the construction of the third phase of Central Expressway from Pothuhera to Galagedera via Rambukkana had been awarded to the Japanese Taisei Corporation. The estimated total distance from Pothuhera to Galagedera via Rambukkana is 32.5km. Tokyo Mitsubishi Bank of Japan had agreed to provide funds of Japanese …

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SAITM students to be transferred to KDU

The government has decided to transfer students of South Asian Institute of Technology and Medicine (SAITM) to the medical faculty of Sir John Kotelawala Defense University (KDU), Presidential Media Unit said . The decision has been made at a meeting held with the President at the Presidential Secretariat this evening. …

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Parties asked to name candidates for additional list appointments

The Elections Commission has requested the secretaries of political parties to furnish lists of their candidates next week to be appointed from the additional list.   Commissioner General of Elections, R.M.A.L. Ratnayake said the onus was on the party secretaries to submit the lists before the deadline and avoid disappointment. …

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inflation down

Issuing National Consumer Price Index (NCPI), for the month of January 2018, Dr. Amara Satharasinghe, Director General of Census and Statistics said that the Year on Year inflation based on NCPI has declined to 5.4% from 7.3% in December 2017.Inflation of 5.4% reported for January 2018 is the lowest inflation …

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