Japan Extends Support to Strengthen Fair Trade and Market Development in Sri Lanka

March 12, 2025 22:36 [Quick Beat]

The Japan International Cooperation Agency (JICA) and the Japan Fair Trade Commission (JFTC) have pledged their support for policy reforms and institutional enhancements in Sri Lanka to ensure the supply of high-quality goods and services while safeguarding both consumers and producers.

During a meeting held today (12) at the Presidential Secretariat, representatives from JICA and JFTC engaged in discussions with Dr. Nandika Sanath Kumaranayake, Secretary to the President. The discussions focused on fostering a competitive market in Sri Lanka by promoting fair trade practices, which in turn would strengthen consumer and producer protection.

The Japanese delegation highlighted how Japan’s economic progress has been significantly driven by competitive trade policies. They elaborated on the role of such policies in safeguarding consumer rights and encouraging innovation.

Dr. Kumaranayake emphasized that Sri Lanka’s upcoming budget will address essential policy changes aimed at elevating market standards and ensuring fair trade. He also provided the Japanese representatives with insights into these proposed economic measures.

The meeting was attended by Senior Additional Secretary to the President, Rusell Aponsu, along with JICA representatives Tetsuya Yamada, Arisa Inada, Yuri Horrita, and Namal Ralapanawa. Representing JFTC were Y. Sakuma, Y. Asahina, Y. Fukushima, and M. Takeuchi.

29

March

Two Arrested for Aiding Deshabandu Tennakoon’s Disappearance, Including Police Officer

March 29, 2025 17:24

A police constable and another individual have been arrested for allegedly assisting suspended Senior DIG Deshabandu Tennakoon in evading arrest, the Police Media Division confirmed.

29

March

Sarith N. Silva Becomes First Sri Lankan to Hit 10 Million YouTube Subscribers

March 29, 2025 15:45

Sarith N. Silva, the creator of the popular YouTube channel Wild Cook Book, has achieved a historic milestone by becoming the first Sri Lankan to surpass 10 million subscribers on YouTube.

28

March

Private Bus and Three-Wheeler Catch Fire Suddenly – No Injuries Reported

March 28, 2025 21:34

Two vehicles unexpectedly caught fire today in separate incidents on the Southern Expressway and in the Nuggegoda area.

28

March

Myanmar Earthquake Claims 144 Lives, Hundreds Injured

March 28, 2025 21:27

The devastating earthquake that struck Myanmar has claimed at least 144 lives, according to reports from the country’s military.

27

March

U.S. Ambassador Julie Chung Visits Sri Kotha for Key Discussions

March 27, 2025 20:29

U.S. Ambassador to Sri Lanka, Julie Chung, paid a visit to the headquarters of the United National Party (UNP), Sri Kotha, today for a crucial discussion with the party’s leadership.