Author: Buzzer Editor

In a discussion with the COPE committee and the central bank authorities, several decisions and some concerns were discussed, and decisions were taken. The central bank governor and the secretary were asked about the current financial crisis and the steps taken towards it.Adding to that, the COPE committee also questioned the relationship with the IMF and the current monetary and fund rate whether the country is safe to run, fulfilling the basic needs of its fellow citizens such as food, fuel, and gas.Addressing the issues, the governor and his fellow college mentioned that the following three months will be crucial…

Major General Vikum Liyanage has been appointed as the next Commander of the Army. He is also the current Chief of Army Staff.Accordingly, he is scheduled to assume duties as the new Commander of the Army on June 01.Acting Chief of Defense Staff and Commander of the Army General Shavendra Silva will assume duties as the Commander of the Army on the 31st of this month and everything is ready for Major General Vikum Liyanage to assume duties as the Chief of Defense Staff from the 1st of June 2022.

With immediate effect, Prime Minister Ranil Wickremesinghe has decided to increase the monthly salaries of public servants with immediate effect from the next interim relief budget to deal with the rising cost of living.He said the decision was taken to empower public servants to face the rising cost of living.The Prime Minister Ranil Wickremesinghe has informed the budget drafting officials that the salaries of public servants should be increased by Rs. 10,000 within 100 days as soon as the government of good governance came to power in 2015.It is said that Mr. Ranil Wickremesinghe is to present the budget requesting…

K.H. Wegapitiya, Chairman of Laugfs Gas, stated that the business has been able to open the appropriate Letters of Credit (LOC) and mentioned that it would begin supplying gas to the local market over the next six days.As a result, Laugfs Gas will be able to reintroduce gas to the local market, he added.Due to the LOC concerns, the supplier had to halt the distribution of LPG and now, as it is on track, they will be in the market with the gas scarcity going on.Meanwhile, Litro Gas Lanka reports that a cargo of 3500 MT of gas scheduled to…

The Criminal Investigations Department (CID) yesterday (Jan. 25) obtained a three-hour statement from former Prime Minister Mahinda Rajapaksa regarding the obscene incidents that took place in the Galle Face area and near Temple Trees and the reasons behind it.According to police sources, the statements were recorded at a special location in Colombo.Additional Solicitor General (ASG) Ayesha Jinasena PC appearing for the CID made these revelations when the magisterial inquiry into the mob attack on peaceful protesters was taken up before Colombo Fort Magistrate Thilina Gamage.ASG Jinasena said several individuals including Mahinda Rajapaksa, Senior DIG Deshabandu Tennakoon, and Colombo Municipal Council…

Sri Lankan sprinter Yupun Abeykoon set a new world record in 10.06 seconds at the 2022 Anhalt International Athletics Championships in Germany.While this was a new record in the 100m event in South Asia, Abeykoon also broke his own national recordAbeykoon set a new national and South Asian record in the 200m in 20.37 seconds at the Castiglione International Athletics Championships in Grosseto, Italy last week.He surpassed the national record set by Vinoj Suranjaya Silva in 20.68 seconds in the 200m event at the national trials in April 2018.

The public has been advised on the process to obtain the 2nd booster or 4th dose of the coronavirus vaccine. Regional Epidemiologist of the Colombo Municipal Council (CMC) Dr. Dinuka Guruge said those above the age of 20 years are eligible to obtain the second booster.She further said that the vaccine is highly recommended for citizens above the age of 60 years and those above 20 years with underlying comorbidities.The second booster can be obtained from the nearest hospital or the area Medical Officer of Health (MOH), Dr. Dinuka Guruge added.

STF Corporate Advisory successfully secured a US $15 million loan from BPPL Holdings PLC, a listed company on the Colombo Stock Exchange in Sri Lanka, from the United States Development Finance Agency and the Washington-based United States International Development Finance Corporation (USDFC), a US federal agency.BPPL Holdings PLC is one of Sri Lanka’s leading environmental, social, and governance (ESG) compliant companies. BPPL collects waste plastic bottles, thereby reducing marine pollution and converting them into recycled polyester. After being recycled, it is used by international sports brands such as Nike and Decathlon. The Sri Lankan company was recently ranked by Forbes…

Sri Lanka Cricket has announced that it will be donating $2 million worth of donations to the health sector, which is facing a severe shortage of medicine and medical supplies at the moment.Furthermore, they mentioned that $1 million will be donated to the “Lady Ridgeway Hospital for Children” and another $1 million will be donated to “The National Cancer Hospital” to purchase the required treatment for the patients.

Litro Gas Lanka has announced that there will be no gas distribution tomorrow.This is the third consecutive day the organization has suspended the distribution amidst the severe gas shortage.