The food and non-food prices measured by the national consumer price index surged 8.2 percent during the 12 months to February 2017, jumping from 6.5 percent from a year ago, the data released by the statistics office showed.
The ‘Invest Sri Lanka’ investor forum hosted in Sydney yesterday by the Colombo Stock Exchange (CSE) in association with the Securities and Exchange Commission of Sri Lanka (SEC) drew over 150 participants including institutional investors, high-net-worth individuals, Sri Lankans living in Sydney and other individuals with a business interest in Sri Lanka.
REUTERS: Sri Lanka’s tea output fell 19.7 percent in February compared to a year earlier due to drought during the past six months and the lack of fertiliser use, the state-run Tea Board said. Production in the first two months of the year also dropped 17.1 percent compared to the same period last year.
The third tranche of the International Monetary Fund’s (IMF) US $ 1.5 billion Extended Fund Facility (EFF) would not be delayed in mid-2017 despite Sri Lanka’s inability to meet the foreign reserve targets set by the programme, the country’s Finance Minister Ravi Karunanayake told reporters in Colombo, yesterday.
The Meethotamulla garbage dump is seen from a high-rise building in Colombo. The government has so far failed to come up with a plausible solution to the garbage disposal problem plaguing Colombo and the suburbs despite the launch of the ambitious Megapolis plan targeting the Western Province
Sri Lanka is targeting 150,000 German tourists this year. This was revealed during a meeting between Tourism Development Minister John Amaratunga and the Federal Minister for Economic Affairs and Energy, Brigitte Zypries on the sidelines of the ongoing ITB in Berlin this week. Zypries is also the Minister of Tourism in Germany.
Sri Lankans with poor access to clean drinking water will be able to use British military grade ‘Lifesaver’ water filters for an affordable price in the near future to convert polluted water available in their community to clean water, Sri Lanka’s Finance Minister said yesterday.
The Sri Lankan government is currently inquiring whether the joint venture proposed to be formed with the Indian government with regards to the Trincomalee oil tank farm could be doubled in size, Sri Lanka’s petroleum minister said.
In a bid to turn around its fortunes, Sri Lanka’s capital market stakeholders want the government to play a bigger role in the market by way of listing state assets on the bourse and reactivating the state-run private sector pension fund, Employees’ Provident Fund (EPF).
National carrier SriLankan Airlines yesterday received its first A320neo Airbus aircraft, which the airline expects to utilize to gain more traction in the Asian and Middle Eastern markets under the airline’s new strategic focus in becoming a major regional player.
Leading brush manufacturer B P P L Holdings Limited, (Beira Group), which will be entering the Colombo Stock Exchange next month, is hoping that its planned expansion projects, coupled with friendly policies from Donald Trump, would help expand its top line in the future.
Leading brush manufacturer B P P L Holdings Limited, (Beira Group), which will be entering the Colombo Stock Exchange next month, is hoping that its planned expansion projects, coupled with friendly policies from Donald Trump, would help expand its top line in the future.
Sri Lanka will not be going for a second round of bidding to seek a partner for the state-run SriLankan Airlines, as priority will be given to market the airline directly to global airlines, State Enterprise Development Deputy Minister Eran Wickramaratne said.
MV Hoegh Tracer, the world’s largest pure car and truck Carrier (PCTC) belonging to Hoegh Autoliners AS, Oslo, is scheduled to call at Hambantota port during the first week of March 2017 under its local agency Diamond Shipping Services (Pvt.) Ltd.
Canada issues travel advisory over serious risk in Arugam Bay
More countries issue travel advisories
Sri Lanka Tourism invites global travellers for upcoming season
Russian embassy urges citizens to stay vigilant in Arugam Bay
US Embassy issues travel warning for Arugam Bay
in Dept. of Geology remain unassessed since 1964
AKD, Harini clash over UGC Chairman appointment?
Travel restriction US Embassy closely cooperates with SL authorities
Ranil refutes allegations made by Cardinal