Economic
Leading and most represented industry associations have written to President Gotabaya Rajapaksa asking for the removal of Sri Lanka Tourism Chairperson Kimarli Fernando.
The CFA Sri Lanka has in writing urged the Securities and Exchange Commission (SEC) to reopen the Colombo Stock Exchange.
Finance Minister Ali Sabry on Wednesday held further talks with the International Monetary Fund on the proposed support program and debt restructuring strategy.
ශ්‍රී ලංකන් ගුවන් සමාගම හෙට (20) දිනයේ දී කෝප් කමිටුව හමුවට කැඳවීමට තීරණය කර ඇතැයි කොප් කමිටුවේ සභාපති, පාර්ලිමේන්තු මන්ත්‍රී මහාචාර්ය චරිත හේරත් මහතා ඊයේ (19) පාර්ලිමේන්තුවේ දී ප්‍රකාශ කළේය.
ශ්‍රී ලංකාවේ උද්ධමනය ලෝකයේ ඉහළම උද්ධමනය සහිත රටවල් අතර තුන්වන තැනට පත්ව ඇතැයි අමෙරිකාවේ ජෝන් හොප්කින්ස් විශ්ව විද්‍යාලයේ ව්‍යවහාරික ආර්ථික විද්‍යාව පිළිබඳ මහාචාර්ය ස්ටීව් හැන්කි පවසනවා. ඔහු මීට පෙර ඉදිරිපත් කළ උද්ධමන දර්ශකයේ ශ්‍රී ලංකාව පසු වූයේ හයවෙනි ස්ථානයේයි. ඒ, ඉකුත් පෙබරවාරී මාසයේදී වීම විශේෂත්වයක්.
A hard-hitting letter by Sri Lanka Tourism Chairperson Kimarli Fernando this week criticised the efforts by Sri Lanka Association of Inbound Tour Operators (SLAITO) President and members to what she alleged as “undermine” Government Tourism Institutions via series of media releases over the past two years and three months.
The Hotels Association of Sri Lanka and Senior Hotelier M. Shanthikumar yesterday congratulated Prasanna Ranatunga for being reappointed as the Minister of Tourism at this very critical juncture.
The Central Bank has issued a new directive on interest rates on lending and deposit products following the increase of policy rates by 7% earlier this month. CBSL said having considered the tight monetary policy measures adopted thus far it was revoking previous orders which stipulated maximum rates that could be charged on (i) Credit card advances, commencing from the next billing cycle; (ii) All new pre-arranged temporary overdrafts and existing pre-arranged temporary overdrafts that are renewed/extended and (iii) All new pawning advances and existing pawning advances that are renewed.
Inflation in March has increased to a record 21.5% from a year earlier as per the National Consumer Price Index (NCPI), compiled by the Department of Census and Statistics.
The private sector via the Joint Chambers, yesterday welcomed the Government’s decision to start talks with the International Monetary Fund (IMF) to get support for the recovery of the economy.
La Vie Hotels & Resorts, one of Asia Pacific’s leading and fastest growing independent hotel management companies, has signed a landmark deal with Radisson Hotel Group and Sino Lanka Group to operate three hotels in Sri Lanka.
Central Bank Former Governor Ajith Nivard Cabraal yesterday reiterated that flotation of the rupee was a decision by the Monetary Board and the new regime too was sticking to the same course.
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