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New regulations proposed for ‘Undial’ and ‘Hawala’ systems

  • CNL Reporter
  • January 9, 2025
  • Banking and Financial
  • New regulations proposed for ‘Undial’ and ‘Hawala’ systems
  • 0 Comments

The Chairman of the Committee on Public Finance, MP Dr. Harsha de Silva stated that both the Undial system and the Hawala system are not illegal in Sri Lanka. He made this statement while presenting several proposals in Parliament yesterday (08).

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Central bank to focus on stronger economic crisis recovery in 2025

  • CNL Reporter
  • January 9, 2025
  • Banking and Financial
  • Central bank to focus on stronger economic crisis recovery in 2025
  • 0 Comments

Sri Lanka will focus on stronger recovery this year after the island nation posted real GDP growth of 5% in 2024, the highest in seven years, its central bank chief said on Wednesday, hoping to accelerate a rebound from its worst financial crisis in decades.

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Govt launches strategic initiative for commercialization of R&D

  • CNL Reporter
  • January 9, 2025
  • Business News
  • Govt launches strategic initiative for commercialization of R&D
  • 0 Comments

Sri Lanka is set enhance its position in the global market through a robust new product development strategy, which will also create new market opportunities, President Anura Kumara Disanayake emphasized.

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‘Clean Sri Lanka’ programme to be debated in Parliament

  • CNL Reporter
  • January 8, 2025
  • Political
  • ‘Clean Sri Lanka’ programme to be debated in Parliament
  • 0 Comments

The Government’s ‘Clean Sri Lanka’ national initiative is to be taken up for debate in Parliament on January 21 and 22, Prime Minister Dr. Harini Amarasuriya said in the Parliament today (08).

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Harsha proposes new regulations for ‘Undial’ and ‘Hawala’ systems

  • CNL Reporter
  • January 8, 2025
  • Banking and Financial
  • Harsha proposes new regulations for ‘Undial’ and ‘Hawala’ systems
  • 0 Comments

The Chairman of the Committee on Public Finance, MP Dr. Harsha de Silva stated that both the Undial system and the Hawala system are not illegal in Sri Lanka.

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No approval given for any Israeli religious centers in Sri Lanka – PM

  • CNL Reporter
  • January 8, 2025
  • Political
  • No approval given for any Israeli religious centers in Sri Lanka – PM
  • 0 Comments

Sri Lanka’s Prime Minister Dr. Harini Amarasuriya stated that no government institution has so far granted authorization for the construction of Israeli religious centers or any similar places.

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PM Harini stresses need for public participation in social transformation

  • CNL Reporter
  • January 8, 2025
  • Political
  • PM Harini stresses need for public participation in social transformation
  • 0 Comments

Prime Minister Dr. Harini Amarasuriya emphasized that changing the people’s attitudes is essential for social transformation, and it is not a process that can be achieved overnight.

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Finance Ministry orders auction of state-owned V8 luxury vehicles

  • CNL Reporter
  • January 8, 2025
  • Political
  • Finance Ministry orders auction of state-owned V8 luxury vehicles
  • 0 Comments

The , Ministry of Finance has directed all state institutions to auction the high-capacity V8 luxury vehicles under their purview and submit revenue reports by March 01,Secretary to the Ministry Mahinda Siriwardena said.

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Japan pledges continuous financial and technical assistance to Sri Lanka

  • CNL Reporter
  • January 8, 2025
  • Political
  • Japan pledges continuous financial and technical assistance to Sri Lanka
  • 0 Comments

The Japan International Cooperation Agency (JICA) will continue its financial and technical assistance to Sri Lanka without interruption, says the Senior Vice President of JICA, HARA Shohei.

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President Dissanayake to visit China next week

  • CNL Reporter
  • January 8, 2025
  • Political
  • President Dissanayake to visit China next week
  • 0 Comments

President Anura Kumara Dissanayake is scheduled to embark on an official visit to China from January 14 to January 17, 2025.

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