The Central Bank has extended for a month with effect from August 15 the mandatory requirement for those who have foreign exchange in their possession to either sell it to authorised dealers or deposit it in a foreign currency account.
This regulation was first imposed on June 16 where it reduced the amount in one’s possession to US$10,000 from $15,000 earlier and that all currencies should be sold or deposited in a foreign currency account.
The amnesty was then extended in July and now in August. These regulations are aimed at attracting more foreign exchange to the country at a time when there is a scarcity.
A Thai woman walking topless in Arugam Bay town has been arrested by the Police.
The UK government has unveiled a package of reforms to simplify imports from developing countries which allows for more garments manufactured in Sri Lanka to enter the UK tariff-free.
The Cabinet has approved a proposal for Sri Lankans overseas to apply for their passports through an online system via the Lankan diplomatic missions.
Cabinet has approved the appointment of Commodore (retired) M.B.N.A. Premaratne of the Sri Lanka Navy, as the new Commissioner General of Excise.
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