The Central Bank’s Monetary Board, having considered the requests made by exporters of goods, has directed to reduce the percentage of mandatory conversion requirement of export proceeds of goods into Sri Lankan Rupees to 10 per cent from 25 per cent.
“Extend the number of days given to exporters to convert the export proceeds of goods into Sri Lankan Rupees, as required in above, from 14 days to 30 days, provided, however, that such date of conversion shall not be a date later than 180 days from the date of shipment,” the Bank said in a statement.
The Judicial Service Commission (JSC) has interdicted Colombo Fort Magistrate Kosala Senadheera.
Mr. Ali Sabri Rahim, a Member of Parliament (MP) for Puttalam District whom an open warrant had been issued, attended a public ceremony at Al Aksha National School in Kalpitiya today (16) as the special guest of honor.
The Supreme Court today refused interim relief in an application filed by President’s Counsel Senaka Walgampaya seeking an Order from the Supreme Court compelling the President to appoint judges to fill the existing vacancies in the Court Of Appeal.
Gazette on new speed limit regulations to be issued within two weeks
Two underworld criminals wanted for multiple crimes, including murder, were brought from Dubai to Sri Lanka, today (12).
Senior DIG Nilantha Jayawardena has been sent on compulsory leave pending disciplinary investigation over his failure to prevent the Easter Sunday bombings.
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