On 18th September 2014, the Supreme Court dismissed the Fundamental Rights application filed by Sujeewa Arjune Senasinghe of Colombo 3 against the Monetary Board complaining that the Central Bank, in purchasing Greece Government Bonds, had acted in an unlawful, irresponsible and an arbitrary manner.
The Minister of Environment and Sustainable Energy Susil Premajayantha has emphasized that no foreign company or foreigner will be issued a license to mine gems. The Minister said that although foreigners could engage in the local gem trade, they cannot be involved in gem mining as a joint venture. A special committee has been appointed to look into the problems of those who are engaged in the gem industry. A system has been introduced to publish advertisements in the newspapers, before issuing licenses with the aim of streamlining gem mining.
Ministry of Child Development and Women's Affairs has taken all measures to celebrate World Children's Day on October 1 on the theme "Protect us with Love'at the National Youth Centre, Maharagama with President Mahinda Rajapaksa as the Chief Guest.
The Ceylon Electricity Board is making arrangements to join hands with the People's Bank to facilitate the electricity consumers to pay their bill from their residences itself, the Ceylon Electricity Board sources revealed.
Nexus, the highly successful and recognized merchant loyalty programme, with over 300,000 members, serving customers a host of special benefits, at Keells Super and a variety of leading merchants, is pleased to introduce Nexus Mobile to its members. All Nexus members will now be able to enjoy all Nexus benefits including the discounts and offers offered, by simply providing their mobile number instead of the conventional card.
The Sri Lanka Government has received a loan of US$ 116.63 million from the Asian Development Bank (ADB) for Greater Colombo Waste water Management Project. Under this project the Urban Environment will be improved by rehabilitating the sewerage system and thereby improving the public health of the residents of Greater Colombo area.
The Coconut Cultivation Board is making plans to take over a land in an extent of around 600 acres with shrubbery and senile coconut palms adjoining the Model Coconut Park of Coconut Cultivation Board owned by the Janatha Estate Development Board in order to develop it.
Sri Lanka is projected to maintain its current gross domestic product GDP growth next year as well while the inflation is projected to rise a percent above the current year projection of 5.0 percent in a newly released Asian Development bank (ADB) report.