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Popular Couch Safari Back with Wilpattu National Park

Sri Lanka Tourism will be launching the second installment of the Couch Safari series with the live streaming of Wilpattu National Park to a global audience. The Tourism Authorities have been stratgically positioning the Island as a destination offering a multitude of immersive experiences and the introduction of the “virtual safaris’ initiative showcasing awe-inspiring National…

(0)Comments | September 22, 2021 5:36 pm

Exports exceed a billion US dollars for the 3rd consecutive month

Sri Lanka’s merchandize exports in August 2021 recorded an increase of 14.4 % to US$ 1,083.56 Mn as compared to US$ 947.2 Mn recorded in August 2020 as per the data released by the Sri Lanka Customs. Export Development Board (EDB) Chairman, Suresh de Mel, commended the exporters and said it is remarkable to see…

(0)Comments | September 22, 2021 12:43 pm

CSE and UCW discusses Financial Market Evolving Through the Pandemic

The Colombo Stock Exchange (CSE) and University Canada West (UCW) successfully concluded a webinar on the theme ‘How the Financial Market evolved through the pandemic’. The webinar attracted over 60 participants and included insights from Canadian and Sri Lankan experts. The virtual event is one of the collaborative programs organized by the two organizations that…

(0)Comments | September 22, 2021 12:25 pm

China Injects $18.6 Billion Into Banking System During Evergrande Crisis

Bloomberg – China’s central bank increased its injection of short-term cash into the financial system after concern over a debt crisis at China Evergrande Group roiled global markets. The People’s Bank of China injected 120 billion yuan ($18.6 billion) into the banking system through reverse repurchase agreements, exceeding the 30 billion yuan of maturities on…

(0)Comments | September 22, 2021 12:22 pm

Sri Lanka, World Bank Sign Agreement to Strengthen Climate Resilience

The project will support weather forecasting, warning, and flood resilience in the Kelani river basin The Government of Sri Lanka and the World Bank signed a $92 million financing agreement for the Climate Resilience Multi-Phased Program Phase I Project. This project is expected to benefit around 11.2 million people across the country by modernizing the weather,…

(0)Comments | September 22, 2021 10:13 am

Sri Lanka All Set for Expo 2020 Dubai

EXPO 2020 DUBAI is the latest edition of World Expos held around the world since 1851 and will be the first ever to be held in the Middle East, Africa, and South Asia. Sri Lanka will participate in the mega-event which commences in October (01st October 2021 – 31st March 2022) and is expected to…

(0)Comments | September 22, 2021 10:07 am

NCPI based Inflation decreased in August 2021

Headline inflation, as measured by the year-onyear (Y-o-Y) change in the National Consumer Price Index (NCPI, 2013=100), decreased marginally to 6.7 per cent in August 2021 from 6.8 per cent in July 2021. This decline was entirely due to the statistical effect of the high base prevailed in August 2020. Meanwhile, Food inflation (Y-o-Y) increased marginally to 11.1 per cent in August…

(0)Comments | September 22, 2021 9:36 am

New Secretary to Monetary Board appointed

The Central Bank of Sri Lanka (CBSL) is pleased to announce the appointment of Assistant Governor (AG) J P R Karunaratne as the Secretary to the Monetary Board (SMB) with effect from 15th September 2021. AG J P R Karunaratne holds a Master of Commerce Degree in Finance from the University of New South Wales,…

(0)Comments | September 22, 2021 9:27 am

Worshiping the moon in Mid-Autumn on September 21st

The Silk Road Journal by Mahika Ming Chinese nationals scattered across the globe celebrated the Mid-Autumn festival on the 21st of September cherishing the memories of loved ones. The celebrating of the Mid-Autumn festival according to Chinese sources dates back about 3000 years to ancient moon worshiping traditions. This intangible cultural heritage was officially listed…

(0)Comments | September 22, 2021 8:55 am

SEC Act to come into force from today

The Hon. Speaker Mahinda Yapa Abeywardena endorsed his certificate on the Securities and Exchange Commission of Sri Lanka Bill today (21). The Bill was presented by the Minister of Finance in Parliament on 9th of July, 2021 which was published in the Gazette on 28th of June, 2021. Accordingly, the Securities and Exchange Commission Act…

(0)Comments | September 21, 2021 4:36 pm

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