Economic
SriLankan Airlines will add five destinations - Ahmedabad, Calicut, Katmandu, Saigon and Sydney – next year. It will also fly to Africa, Middle East and the Far East on code-share agreements with other carriers to bridge the gaps in the network, the Group CEO of the airline, Vipula Gunatilleka said.The airline which completes 40 years on September 1 plans to implement cost saving initiatives including fuel saving measures for the fleet. “At the same time, the impact of global terrorism, trade tensions and climate change must be addressed,” the CEO said.
Sri Lanka's imports fell 23.1 percent on a year-on-year basis for the eighth consecutive year, to US dollars 1,400 million as private credit slowed and balance sheets of some banks contracted, pointing to a sharp slowdown in economic activity.
Carmart (Pvt) Ltd, the sole distributor in Sri Lanka for the world-renowned European vehicle brand Peugeot has introduced an attractive and one-of-a-kind offer.
SriLankan Airlines is celebrating 40 years of flying with a massive year-long travel fest starting tomorrow, 1 September, with special discounted fares to online destinations throughout its route network on its official website Srilankan.com.
ශ්රී ලංකවේ මෝටර් රථ ක්ෂේත්රයේ නව්යකරණ නියමුවා වන ඇසෝසියේටඩ් මෝටර්වේස් (පුද්ගලික) සමාගම තම නවතම සුපරි යතුරුපැදිය වන YAMAHA- MT-15 හඳුන්වාදීම පසුගියදා වෝටර්ස් එජ් හි සිදුකළ අතර යතුරුපැදි ලෝලී දැවැන්ත ජනකායක් මේ සඳහා සහභාගි වූහ.
Continuing its impeccable track record, Munchee, the flagship brand of Ceylon Biscuits Limited (CBL), showcased its supremacy once again by winning the National Quality Award (NQA) under the large category for the third time.
Reuters: Rupee closed slightly firmer on Friday, snapping three straight sessions of losses and recovering from a seven-month closing low hit in the previous session, but risks of foreign fund outflows weighed on the currency.
Former Central Bank Governor Ajith Nivard Cabraal yesterday called on the Government to fast-track economic reforms to improve economic expansion, warning that failure to do so could push growth to historic lows.
The Palm Oil Industry Association (POIA) yesterday regretted that its issues remain unresolved with the Government turning a deaf ear to the pleas of the industry.
Sri Lanka Telecom(SLT) employees will be boycotting the upcoming event of “Reshaping our future 2020-2022 and Strategic Business plan with National Digital Road map” scheduled to be held on 31st August & 1st September 2019.
Cabinet on Tuesday approved a proposal by the Finance Ministry to revise tax legislation, including those governing Value Added Tax (VAT), Nation Building Tax (NBT), and the Inland Revenue Act.
While maintaining that the US$ 20 billion export target is still a possibility for this year, Development Strategies and International Trade Ministry said Sri Lanka would likely end the year with US$ 18.5 billion in export earnings.
Finance Minister Mangala Samaraweera yesterday paid kudos to the resilience displayed by the Sri Lankan economy in the aftermath of the Easter Sunday attacks, describing the recovery as having exceeded expectations.
Jacqueline Fernandez recently kicked off Cinnamon’s ‘Bring a Friend Home’ campaign by visiting Sri Lanka in August to celebrate her birthday with her family and friends. Along the way, she shared a vibrant stream of digital content, showcasing the unique experiences that Cinnamon curated for her and highlighting the attractions, adventures and moments that made her trip truly unforgettable.
Sri Lanka’s last major 35 MW Broadlands Hydropower Project with annual generation capacity of 126 GWh is still to see the light of day even after six years of its ground breaking ceremony.
Sri Lanka government is compelled to pay Rs 1,100 billion as debt service amidst dwindling revenue amounting to of Rs 894 billion in the first 6 months this year.
Sri Lanka best employer brand award winner MVIVO Ltd., an organisation with roots in Europe now brings its expertise, innovation, and knowledge to build modern houses in Sri Lanka.
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