The prices of school bags and shoes manufactured here will be reduced by 10 percent, State Minister of Finance Ranjith Siyambalapitiya said.
He said price reductions will come into effect from July 15.
The Minister said local manufacturers have agreed to reduce prices of bags and shoes by Rs. 350 to 450 and will consider further reductions if the rupee continues to appreciate against the US dollar.
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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