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[Last Updated = Wed, Jul 6, 2022, 12:11 am SL Time]
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Negotiations with the IMF progressed successfully- Sri Lanka PM

July 05 (CP) Colombo- Sri Lanka’s Prime Minister Ranil Wickremesinghe said in Parliament today that they were able to successfully proceed with the round of discussions held with the International Monetary Fund (IMF) last month. The Premier, delivering a special statement in Parliament on Tuesday (05), said the next step is to submit a report on debt restructuring.
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LEGAL - SITUATION

July 05 (CP) Colombo- Sri Lanka Navy has arrested another five Indian fishermen from Tamil Nadu and seized a trawler Monday evening (July 04) for allegedly breaching the International Maritime Boundary Line (IMBL) and illegally fishing in Sri Lanka’s northern waters off the Analaitivu Island.
 

July 05 (CP) Colombo- The Commercial High Court of Colombo announced today that the order regarding the Attorney General’s request to reject the case related to the Russian Aeroflot aircraft will be announced on the 15th.
 

July 05 (CP) Colombo- Pulastipura Police has arrested the husband of Ms. Yamuna Padmini who was the chief administrative officer of the Lankapura Divisional Secretariat on suspicion of her murder this evening (05). Ms. Padmini was murdered at around 2:30 in the morning on the 4th at her home in Talpotha Lankapura
 

July 05 (CP) Colombo- Army Commander Lieutenant General Vikum Liyanage has ordered to relieve the Army Lieutenant Colonel who was accused of assaulting a civilian at a fuel station in Yaggapitiya, Kurunegala area.
 

July 04 (CP) Colombo- Sri Lanka Navy has arrested 12 Indian fishermen from Tamil Nadu and seized a trawler for allegedly breaching the International Maritime Boundary Line (IMBL) and illegally fishing in Sri Lanka’s northern waters.
 

July 04 (CP) Colombo- The Supreme Court today ordered the Attorney General to provide a report regarding fuel purchase, release and priority given in distribution of fuel. The report should be submitted before the 12th.
 

July 04 (CP) Colombo- Sri Lanka Army has appointed a five-member Court of Inquiry to investigate the aggressive conduct of an Army officer towards a civilian at a fuel station.
 

July 04 (CP) Colombo- Sri Lanka’s Ministry of Defense said today that it is investigating unconfirmed intelligence information of a purported terrorist attack while taking all measures to ensure a high degree of security.
 

July 04 (CP) Colombo- Sri Lanka Police said an underworld member, who is said to be the shooter in the recent double murders in Bastion Mawatha, Colombo was shot dead in Gampaha Bemmulla area during a shootout with the police.
 

July 04 (CP) Colombo- island wide, 103,095 liters of fuel hidden by various individuals have so far been found, the Police said. Among the hoarded stocks are 27,152 liters of petrol, 62,723 liters of diesel and 13,220 liters of kerosene.
 

July 03 (CP) Colombo- During a search operation carried out in the Eastern seas on Sunday (03) Sri Lanka Navy apprehended 51 Sri Lankans in a local multi-day fishing trawler attempting to illegally migrate to a foreign country via sea.
 

July 03 (CP) Colombo- Veteran actor Mr. Jackson Anthony, who was admitted to the Anuradhapura Teaching Hospital following an accident yesterday (July 02), has been transferred to the intensive care unit of the Colombo National Hospital.
 

July 02 (CP) Colombo- Marawila police officers managed to arrest 24 people who were staying in a lodge preparing to travel to Australia illegally by the sea route. This group has stayed in a lodge in Marawila Talwila area.
 

July 02 (CP) Colombo- The four suspects arrested in connection with the suspicious death of a person undergoing residential rehabilitation at the Kandakadu Treatment and Rehabilitation Center in Welikanda have been remanded until the 14th of this month.
 

July 02 (CP) Colombo- Officers of Sri Lanka Customs at Bandaranaike International Airport at Katunayake Saturday morning have seized a stock of over 2 kilograms of gold worth nearly 50 million rupees from a passenger.
 

July 02 (CP) Colombo- Two army soldiers and two air force soldiers have been arrested on suspicion of the death of an inmate in the Kandakadu Treatment and Rehabilitation Center, Welikanda. Police said.
 

July 01 (CP) Colombo- The Human Rights Commission of Sri Lanka has commenced an investigation into the incident that took place at the Kandakadu Treatment and Rehabilitation Centre on Tuesday. Accordingly, a team of the Commission visited the Centre yesterday to conduct investigations.
 

More : LEGAL - SITUATION
* Chief Administrative Officer of the Lankapura Divisional Secretariat murdered (4 - CP)

NEWS - HIGHLIGHTS

July 05 (CP) Colombo- Minister of Foreign Affairs Prof. G.L. Peiris and Minister of Labor & Foreign Employment Manusha Nanayakkara have discussed possible avenues for promotion of foreign employment which is vital in the current context of the country, and mechanisms that could be introduced to address the bottlenecks in promoting foreign employment.
 

July 05 (CP) Colombo- The Chairman of the parliamentary Committee on Public Enterprises (COPE) and Member of Parliament Prof. Charitha Herath said the Parliament will focus on taking special measures against officials who do not implement the recommendations and decisions made by COPE.
 

July 05 (CP) Colombo- A serene mist envelope an ocean of luscious greenery and hills, deep in the depths of a stillness that is synonymous with the Sri Lanka’s highlands. About 180 kilometers away from the hustle of the capital city Colombo, so lies Riverston, part of the Knuckles Mountain Range—
 

July 05 (CP) Colombo- An A.-330-300 Airbus cargo plane belonging to Turkish Airlines suffered damages at the Katunayake Bandaranaike International Airport last Sunday night (3) while preparing to leave, airport sources said.
 

July 04 (CP) Colombo- The Bar Association of Sri Lanka (BASL) Monday has sent a letter to the President Gotabaya Rajapaksa warning of the serious consequences that could arise as a result of clashes between civilians and the armed forces or the police at petrol stations.
 

July 04 (CP) Colombo- Australian High Commissioner to Sri Lanka David Holly assures that Australia will provide support for the development of Sri Lanka’s economic, social and maritime sectors.
 


FINANCE - TRAVEL

July 05 (CP) Colombo- The globally-respected UK magazine ‘The Banker’ has once again included the Commercial Bank of Ceylon in its prestigious ‘Top 1000 World Banks’ ranking, making Commercial Bank the only Sri Lankan bank to be ranked among the elite global giants in banking for 12 consecutive years.
 

July 05 (CP) Colombo- Sampath Bank PLC has been rated as Sri Lanka’s ‘Best Retail Bank’ and ‘Best Commercial Bank’ for the 9th consecutive year at the renowned World Finance Banking Awards ceremony hosted by the UK-based World Finance magazine.
 

July 05 (CP) Colombo- The Commercial Bank of Ceylon has announced that ‘ComBank ePassbook’ – Sri Lanka’s first digital passbook – is now operable in Sinhala and Tamil in addition to English, to further encourage digital banking habits and improve the customer experience.
 

July 05 (Reuters) - Sri Lankan shares closed more than 1% lower for a second straight session on Tuesday, hurt by losses in industrial and financial stocks.
 

July 05 (Bloomberg) -- Sri Lanka, which has run out of dollars to purchase fuel and is printing rupees to pay local salaries, aims to stop injecting local currency to quash Asia’s fastest inflation.
 

July 05 (AP/PTI) Bankrupt Sri Lanka is offering a guaranteed fuel quota to any company that can pay in dollars. Potential purchasers must pay as much as a month in advance to open a consumer account at state-run Ceylon Petroleum Corp., Energy Minister Kanchana Wijesekera tweeted on Sunday.
 

July 04 (BBC) Sri Lanka’s energy minister has issued a stark warning over the country’s fuel stocks as it faces its worst economic crisis in more than 70 years. On Sunday, Kanchana Wijesekera said the nation only had enough petrol left for less than a day under regular demand.
 

July 04 (CP) Colombo- The Securities and Exchange Commission of Sri Lanka (SEC), the securities market regulator has prepared Rules pertaining to Market Institutions, Market Intermediaries and a Code for Collective Investment Schemes following the enactment of the new Securities and Exchange Commission Act No. 19 of 2021.
 

July 0 (CP) Colombo- A 100% Sri Lankan clothing brand competing with several global companies on e-commerce platforms appeals to the Sri Lankan expatriate community to help grow the company’s international sales volume and bring in much needed foreign currency to Sri Lanka at this crucial hour for the country.
 

July 03 (CP) Colombo- Sri Lanka Tourism Development Authority (SLTDA) says the number of tourists coming to Sri Lanka has decreased by 60 percent in last month. Director General of SLTDA Dhammika Wijesinghe said this situation has arisen in view of the crisis atmosphere in the country.
 

July 03 (CP) Colombo- Addressing the Maritime Silk Road International Tea Culture Forum 2022, Sri Lanka’s Ambassador to China, Dr. Palitha Kohona observed that the Sri Lanka tea, the world renowned Ceylon Cha, probably originated in Fujian, China, which already boasted a tea culture exceeding 2500 years.
 

July 02 (Wanderlust) The bright skin-browning mid-afternoon sun drove me and a gaggle of locals toward the cool shaded entrance of Galle Railway Station. In the open hall there was no chattering split-flap destination displays, just a large chestnut board with the stations hand-painted neatly in yellow.
 

July 02 (CP) Colombo- Sri Lanka’s investment promotion agency, the Board of Investment (BOI) Friday launched the five-year residence visa program dedicated to investors, stakeholders and BOI enterprises. The long-term visa program, a long-felt need, primarily aims to facilitate the investors who wish to embark on a journey with the BOI.
 

July 02 (CP) Colombo- There is a serious risk of closing all the tea factories in seven districts across the country if sufficient fuel stocks are not received in the next few days, Lionel Herath, president of the Sri Lanka Tea Factory Owner’s Association has said.
 

More : FINANCE - TRAVEL
* Sri Lankan shares end lower as industrial stocks fall (4 - Reuters)
* HNB and Brown & Company collude to offer exciting leasing facilities for Agri machinery (2 - CP)
* Sri Lankan shares end higher as financial stocks gain (1 - Reuters)
* SLT-MOBITEL and Samsung enables 5G on selected Samsung Smart devices (1 - CP)
* WSO2 is named a Leader in two G2 Summer 2022 Grid reports (1 - CP)
* Taxi fares doubling in Sri Lanka’s capital highlight monetary conundrum (1 - Bloomberg)

POLITICS - GENERAL

July 05 (CP) Colombo- Labor and Foreign Employment Minister Manusha Nanayakkara says when registering with the Sri Lanka Foreign Employment Bureau to go abroad for work for a second time, the amount of dollars sent to the country through legal channels while working abroad previously will be checked.
 

July 05 (CP) Colombo- Litro Gas company says that the ship carrying 3,724 metric tonnes of liquefied petroleum gas which was expected to reach the country between the 6th and 8th of this month would be further delayed. The ship would be delayed due to changes in the weather conditions, the company said
 

July 05 (CP) Colombo- The Archbishop of Colombo Cardinal Malcolm Ranjith says the biggest obstacle to freeing the country from the current unfortunate situation is the continuation of the Rajapaksa family in power.
 

July 05 (CP) Colombo- The Minister of Education Susil Premajayantha said in parliament today that it has been decided to hold the GCE Advanced Level examination this year from November 28th to December 23rd.
 

July 05 (CP) Colombo- The Cabinet of Ministers has approved a proposal tabled by the Prime Minister Ranil Wickramasinghe in his capacity as the Minister of Finance to present a new budget for the year 2022. The new budget is to be presented for this year taking into account the devaluation of the rupee and the rise in inflation, as well as the shortage of essential goods such as fuel, gas and electricity.
 

July 05 (CP) Colombo- Prime Minister Ranil Wickramasinghe said in Parliament that if MP Anura Kumara Dissanayake is able to build the country, he is ready to step down and give the JVP leader the post of Prime Minister.
 

July 05 (CP) Colombo- Sri Lanka’s Opposition today staged a protest in parliament when President Gotabaya Rajapaksa arrived in the Parliament to attend the parliament sessions. President Rajapaksa arrived in parliament to listen to the Prime Minister Ranil Wickremesinghe’s speech on the progress of negotiations with the International Monetary Fund (IMF).
 

July 05 (CP) Colombo- The Minister of Ports, Shipping and Aviation Nimal Siripala de Silva yesterday instructed the port authorities to hand over the building complex of the Sri Lanka Ports Authority (SLPA) at the port, which provided residential quarantine facilities and medical treatment for those infected with Covid-19 during the pandemic, back to the Mahapola Ports & Maritime Academy, the training wing of the Sri Lanka Ports Authority.
 

July 05 (Al Jazeera) Ranil Wickremesinghe, the newly appointed prime minister of crisis-hit Sri Lanka, has said he is confident he can turn the economy around – but cautioned it will take 18 months before stability returns.
 

July 05 (BBC), Colombo- The smell hits you first - freshly cooked rice, lentils and spinach, served in ladles from steaming pots. Dozens of families - including mothers with babies - are lined up with plates to get a serving of what will likely be their only meal for the day.
 

July 04 (CP) Colombo- Complaints have been received from various areas to the Minister of Transport, Highways and Mass Media Dr. Bandula Gunawardena that private bus drivers are engaged in fuel racketeering instead of transporting passengers.
 

July 04 (CP) Colombo- Education Minister Susil Premajayantha says that the results of the 2021 GCE Advanced Level Examination will be released on the 15th of August. The Minister said usually the GCE/AL examination is held three months after the results of the previous year’s exam is released
 

July 04 (CP) Colombo- A number of Parliamentary committees including the Committee on Public Enterprises (COPE) and the Committee on Public Accounts (COPA) are scheduled to meet this week.
 

July 04 (CP) Colombo- The Secretary General of Parliament Dhammika Dasanayake has said that the Parliament is scheduled to meet on the 4th, 5th and 6th of this week. This was decided at the Committee on Parliamentary Business held last week under the chairmanship of Mahinda Yapa Abeywardana, Speaker of Parliament.
 

July 04 (CP) Colombo- An Extraordinary Gazette Notification has been issued declaring several sectors including fuel and electricity supply as essential services with effect from 03 July 2022. Secretary to the President Gamini Senarath has issued the Extraordinary Gazette Notification as per the order of President Gotabaya Rajapaksa.
 

July 03 (CP) Colombo- Sri Lanka’s Foreign Affairs Minister Professor G.L. Peiris has apprised the Chinese Ambassador Qi Zhenhong of the current crisis situation in the country and the government’s efforts to obtain assistance from various sources to address the challenges faced by the country.
 

July 03 (CP) Colombo- Minister of Agriculture, Wildlife and Forest Resources Conservation Mahinda Amaraweera has instructed the Department of Agriculture to buy seed paddy grown in the Yala season at 150 rupees per kilogram.
 

July 03 (CP) Colombo- Leader of Opposition and Samagi Jana Balawegaya (SJB) Sajith Premadasa says this government is no longer able to run the country and therefore the government led by the president and prime minister has no other option but to resign immediately.
 

July 03 (CP) Colombo- Power and Energy Minister Kanchana Wijesekera said he hopes that the people will be able to get fuel without interruption from the 10th of this month and once again apologized for the economic damage and inconvenience caused to the people due to the lack of fuel.
 

July 03 (CP) Colombo- The Ministry of Education announces that all government schools and government-approved private schools across the island will be given a one-week holiday from Monday to the 8th. The Ministry further states that the school time lost during that week will be covered during the upcoming school holidays
 

July 03 (CP) Colombo- A Sri Lankan delegation is scheduled to leave for Russia on the 9th to discuss getting Russia’s support to help Sri Lanka recover from the economic crisis it is facing.
 

July 03 (CP) Colombo- The Irrigation Department says that the upper reaches of the Gin Ganga basin have received significant rainfall so far. Accordingly, the Disaster Management Center warns that there is a possibility of minor floods in low lying areas of Gin Ganga valley
 

July 03 (CP) Colombo- The United States Senate Foreign Relations Committee (SFRC) has said that any IMF agreement with Sri Lanka must be contingent on independence of the Central Bank of Sri Lanka, strong anti-corruption measures, and promotion of the rule of law.
 

July 02 (CP) Colombo- Charge d’ Affaires a.i. of the Embassy of the Kingdom of Saudi Arabia Abdulelah A. A.Orkobi, called on the Minister of Foreign Affairs (Prof) G.L. Peiris at the Foreign Ministry on 30 June 2022.
 

July 02 (CP) Colombo- The Japanese Embassy in Colombo emphasizes that the media reports that the Japanese government is not supporting Sri Lanka on the current economic situation is false.
 

July 02 (CP) Colombo- President Gotabaya Rajapaksa says he held an extensive discussion on the future of the International Monetary Fund procedures for Sri Lanka.
 

More : POLITICS - GENERAL
* Transport Minister inspects refurbishment of train compartments (2 - CP)
* One Day Service to issue passports at regional offices resumes from Monday (2 - CP)
* Lanka IOC says three fuel ships will arrive (2 - CP)
* Litro gas deliveries to resume from July 07 (2 - CP)
* President discusses strengthening bilateral relations with envoys of Japan, Oman (1 - CP)
* Consular Affairs Division of Ministry of Foreign Affairs resumes its regular services (1 - CP)
* CEB cautions of delays in restoring power outages due to fuel crisis (1 - CP)
* PM instructs to get support of SJB, JVP for government’s cultivation program (1 - CP)
* A soup kitchen opens in Colombo to cope with hunger caused by the economic crisis (1 - CP)
* Ambassador assures U.S. support to Sri Lanka to find solutions to economic issues (1 - CP)

SPORTS

July 04 (ESPNCI) A career-best four-wicket burst from Renuka Singh followed by clinical half-centuries from Smriti Mandhana and Shafali Verma helped India dominate the second ODI for a 10-wicket win and gain an unassailable 2-0 lead in the three-match series.
 

July 04 (ESPNCI) Sri Lanka left-arm spinner Praveen Jayawickrama has been ruled out of the second Test against Australia, due to start in Galle on Friday, after testing positive for Covid-19. An SLC media release stated that the 23-year-old had complained of feeling "unwell", which was prompted the test.
 

July 03 (TNL) Sri Lankan sprinter Yupun Abeykoon entered the record books by becoming the first South Asian to run 100m in less than 10 seconds. Competing at the Resisprint International event in Switzerland, Abeykoon finished the 100m race in just 9.96 seconds.
 

July 03 (BBC) Before India’s squad for the 2014 Under-19 cricket World Cup left Bangalore, Naushad Khan had come down to the city to meet his son. Sarfaraz Khan had found a spot as a batter in the 15-man squad alongside the likes of Shreyas Iyer, Sanju Samson, Deepak Hooda and Kuldeep Yadav.
 


WORLD

July 04 (BBC) Spanish police have seized three underwater drones built to smuggle drugs across the sea from Morocco. The unmanned submersibles are apparently capable of carrying up to 200kg (441lbs) of cargo. As part of the 14-month investigation, eight people have been arrested in Cadiz, Malaga, and Barcelona.
 

July 04 (BBC) Six people have been shot dead at a 4 July Independence Day parade near the US city of Chicago, city officials say. The event in the city of Highland Park was suddenly halted about 10 minutes after it began, when several shots were heard.
 

July 03 (BBC) A man has died and thousands of people have been told to evacuate their homes amid torrential rain and flash flooding in Australia’s largest city, Sydney. Roads have been cut off, with 18 evacuation orders in western Sydney alone and warnings of more to come.
 

July 03 (BBC) At least five people have been killed after being caught in an avalanche sparked by the collapse of a glacier in the northern Italian Alps. Emergency officials said eight others were injured in the collapse, with two people suffering serious injuries.
 


About Sri Lanka ::-
Introduction to Sri Lanka ::-

Sri Lanka is a beautiful island paradise in the Indian Ocean with white sandy beaches lush greenery, exciting adventures, amazing wildlife, cascading waterfalls and a rich heritage. The island of Sri Lanka is roughly pear-shaped. The total area of Sri Lanka is 65,610 sq km. Sri Lankas coastline is about 1,340 km (about 833 mi) around.

The people in Sri Lanka are warm and friendly. Sri Lankans are known for hospitality in all over the world. People in Sri Lanka ethnically fall into four main categories. The population of Sri Lanka is about 20 million. Sri Lanka has a tropical climate. Sri Lanka has a democratic government. Sri Lanka is mainly an agricultural country. Colombo is the commercial capital of Sri Lanka. Sri Lanka gained independence in 1948. Sri Lanka was known as Ceylon.

In the nineteenth and twentieth centuries, Sri Lanka became a plantation economy, famous for its production and export of cinnamon, rubber and Ceylon tea, which remains a trademark national export. By 1996 plantation crops made up only 20% of export, and further declined to 16.8% in 2005 (compared with 93% in 1970), while textiles and garments have reached 63%. The GDP grew at an average annual rate of 5.5% during the early 1990s, until a drought and a deteriorating security situation lowered growth to 3.8% in 1996. The economy rebounded in 1997-2000, with average growth of 5.3%.

Sri Lanka, with an income per head of $1,350, still lags behind some of its neighbors including Maldives and Mauritius but is ahead of its giant neighbor India. Its economy grew by an average of 5% during the 1990s during the 'War for Peace' era. According to the Sri Lankan central bank statistics, the economy was estimated to have grown by 7% last year, although inflation had reached 20%.

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