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Central Bank to launch several initiatives:
Major boost for Northern economy
After a lapse of nearly 30 years, a Central Bank Governor will visit
Jaffna tomorrow mainly to strengthen the banking sector and meet the
business community in the peninsula. Governor Ajith Nivard Cabraal
will also open the first ever National Development Bank in Jaffna, a
landmark event for the region.
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Jaffna celebrates bountiful Deepavali
For the first time in 30 years the people of Jaffna celebrated
Deepavali festival with goods bought at the same price as they are
in other parts of the country. Informed sources said that for the
past 30 years, all goods including clothes, food items, and fuel
were sold in the area at exorbitant rates as they had to be shipped
from the South.
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Attracts US$ 2.8b FDI since 2006 :
BOI reaches top in investment drive
The website of the Board of Investment (BOI) of Sri Lanka was voted
as the 10th best website in the world by Global Investment Promotion
Benchmarking 2009, a report released by an associate body of the
World Bank last week. The BOI website was also selected as the best
from Asia. The website was re-launched recently with several
additional investor friendly features.
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EPF, ETF to come under one roof
The Employees Provident Fund (EPF) and Employees Trust Fund (ETF)
will be set up under one roof in a massive 30-storeyed building at
Narahenpita shortly. The building will be constructed on a one-acre
land, located between the Labour Department main building and the
Sri Lanka Central Transport Head Office at Narahenpita.
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Jaffna’s judicial system to be revived
Minister of Justice and Law Reforms Milinda Moragoda has taken the
initiative for a complete revival of the judicial system in the
Jaffna peninsula. Minister Moragoda, accompanied by Ministry
officials, paid a visit to the Appeal and District Court premises in
Jaffna last Friday, where he met judges, officials and lawyers.
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President Maithripala Sirisena is in Thailand making a three-day official visit and attending the second Asia Cooperation Dialogue Summit. The Dialogue Summit that brings together 34 nations in the Asian region takes place from October 8 -10 in Bangkok under the theme "One Asia, Diverse Strength".
Official level discussions have commenced between Sri Lanka and Iran on reviving trade agreements that were signed between the two countries and will be put into operation soon after ironing out technicalities, Minister of Industry and Commerce, Rishad Bathiudeen said. 
Pakistan on Friday (September 30) officially postponed the 19th SAARC Summit scheduled to be held in Islamabad on November 9 and 10. A new set of dates for holding the Summit will be announced soon through the Chair of SAARC (Nepal), reports said. 
Due to the prevailing drought, water levels of the main reservoirs have dropped to half its capacity, with authorities warning that drastic measures may need to be taken if water is to be continuously released from the reservoirs for power generation. 
To avert a possible dengue outbreak in the next three months, when the number of mosquito breeding sites are likely to surge with the monsoon rains, the Dengue Control Unit of the Health Ministry will launch an island-wide Dengue Control Week starting on Tuesday, September 27 to Monday, October 3.
Sir Richard Jolly, former Deputy Executive Director, UNICEF, and Special Adviser to the Administrator, United Nations Development Programme (1996 to 2000), and Principal Coordinator of the widely-acclaimed Human Development Report will deliver a lecture on, “Development: Can Sri Lanka be a model for implementing the Sustainable Development Goals (SGDs)?” on September 28 at 5 pm at the BMICH Committee Room D, on the invitation of the Gamani Corea Foundation. 
Richmondite Charith Asalanka joined the elite band of school cricketers by winning the coveted Schoolboy Cricketer Of The Year 2016 title for the second year in succession emulating the feats of former Sri Lankan greats Arjuna Ranatunga, 1980/82' ( Ananda) Roshan Mahanama, 1983/84'(Nalanda) Thilan Samaraweera 1994/95' ( Ananda) 'Lahiru Peiris 2004/2005 (St.Peter's) and Bhanuka Rajapaksa 2010'2011 (Royal) who had also won the award twice .
Cricketing legend and former Sri Lanka captain Mahela Jayawardene will grace the occasion at the 38th Observer-Mobitel Schoolboy Cricketer of the Year awards night scheduled to take place at the Galadari Hotel on September 20. 
Stern action will be taken against traders who sell sugar above the controlled price of Rs. 95. Instructions have been given to the relevant authorities to launch island-wide search operations, a press communique from the Minister of Finance Ravi Karunanayake said. 
Refuting speculations, Power and Renewable Energy Minister Ranjith Siyambalapitiya said, no decision has been taken to impose power cuts on account of the current dry spell in the country. 
