AGP Executive Report
Last update: 11 hours agoTax Crackdown with Jail Threats: Parliament passed the Inland Revenue (Amendment) Bill, keeping penal provisions that can mean fines and even prison for certain tax compliance failures, despite Supreme Court pushback and Opposition calls to soften the impact. Rupee Pressure Hits Everyday Costs: The rupee slid further, with the dollar selling rate reported around Rs. 342, and private bus owners warn minimum fares could jump to Rs. 40 in July. Food Price Shield for Farmers: Cabinet approved a direct government potato purchasing scheme via CWE to buy from farmers and supply Lanka Sathosa, aiming to protect farmgate prices. Gaza Flotilla Consular Bid: Sri Lanka’s Foreign Ministry says it has requested consular access for detained citizen Sameera Mehboobdeen after the Gaza-bound Global Sumud Flotilla interception. Digital Governance Move: A Cabinet paper to set up a National Data Exchange Centre is due this month, with citizen consent required for data sharing. Business & Logistics: Hellmann and MAS Holdings broke ground on a new fashion logistics hub near the airport. Sports & Culture: Hilton Colombo hosted “Seoulful Flavours at Graze,” while cricket and other international updates filled the rest of the day’s news.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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