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SriLankan Airlines to resume flights to Moscow

SriLankan Airlines the National Carrier of Sri Lanka and a member of the oneworld alliance resumes flights to the Russian capital, Moscow. SriLankan’s new service will operate a weekly scheduled flight between Colombo’s Bandaranaike International Airport (BIA) and Moscow’s Domodedovo Airport (DME) from 30th July 2021. Accordingly, SriLankan would commence its flights to Russia every…

(0)Comments | July 7, 2021 3:44 pm

Sri Lanka Retailers’ Association urges for relief measures from Hon. Prime Minister

Sri Lanka Retailers Association (SLRA), the apex body of Sri Lanka’s Organised Retail Sector (ORS) consisting of last mile retailers, met Hon. Prime Minister Mahinda Rajapaksa on June 30 to address the issues and difficulties they are faced with due to COVID pressures in the country. Representatives of SLRA also requested Hon. Prime Minister to…

(0)Comments | July 7, 2021 1:51 pm

United States Provides USD75 Mn to Strengthen Sri Lankan Small and Medium Businesses

The United States is providing a welcome boost to Small and Medium Enterprises (SME) in Sri Lanka struggling with the impact of the pandemic.  The U.S. International Development Finance Corporation (DFC) is awarding a USD75M funding line to NDB Bank to support its work in expanding and strengthening the SME sector, particularly among women business…

(0)Comments | July 7, 2021 1:24 pm

CSE admits New Trading Members to Carry Out REPO Transactions on Debt Securities on the OTC Platform of the CSE

CSE to implement a new OTC Platform to conduct REPO Transactions on Debt Securities Applications called for New Trading Members to Carry Out REPO Transactions on Debt Securities on the OTC Platform of the CSE Colombo Stock Exchange (CSE) has taken the initiative to introduce a new Over the Counter (OTC) Platform to carry out…

(0)Comments | July 7, 2021 9:12 am

SLT-MOBITEL Supports TRCSL’s Drive to Bridge the Digital Divide

Commissions first 4G Tower under the Gamata Sanniwedanaya Project in Panana Extending its support towards bridging the digital divide, SLT-MOBITEL, the National ICT, Telecommunications and Mobile Services Provider, facilitated the Telecommunications Regulatory Commission of Sri Lanka’s (TRCSL) ‘Gamata Sanniwedanaya’ Project by commissioning the first 4G tower in Panana, Weligepola on Monday, July 5, 2021. Oshada…

(0)Comments | July 7, 2021 8:15 am

Coin issued to commemorate Sino-Sri Lanka relations and the centenary of the Communist Party of China

The 1,000 rupee commemorative coin issued to mark the 65th Anniversary of diplomatic relations between the Government of Sri Lanka and the People’s Republic of China, and the 100th Anniversary of the Communist Party of China was presented to President Gotabaya Rajapaksa by Central Bank Governor Professor W. D. Lakshman at the Presidential Secretariat Tuesday…

(0)Comments | July 7, 2021 12:11 am

Playing the Noble game (Cricket) in China

The Silk Road Journal – by Mahika Ming Sri Lankans are talking much about cricket, cricketers and related activities these days. It got intensified after a short video recorded in England started its rounds in the social media. There are those who say that Chinese and the Japanese don’t play cricket since no one is…

(0)Comments | July 7, 2021 12:01 am

Ceylon Chamber welcomes acceleration of vaccine drive

The Ceylon Chamber of Commerce commends the efforts taken by His Excellency the President, Ministry of Health and other relevant authorities to accelerate the process of vaccinating the population of Sri Lanka to combat the Covid-19 pandemic. The Chamber is pleased to note that the Government has been able to secure a substantial quantity of…

(0)Comments | July 6, 2021 4:07 pm

Shangri-La appoints JLL as exclusive leasing agent for One Galle Face Tower in Colombo, Sri Lanka

In a first for the commercial real estate industry in Sri Lanka, the Shangri-La Group — one of the world’s premier developers, owners and operators of hotel and investment properties — has appointed JLL (NSYE: JLL) as its exclusive leasing agent for the One Galle Face Tower (OGFT), located in the heart of Colombo. With…

(0)Comments | July 6, 2021 3:48 pm

Investments by Licensed Banks in International Sovereign Bonds

The Central Bank of Sri Lanka (CBSL) wishes to provide the general public and the investor community the following information, while refuting the statements of Rating Agencies that continue to undermine the banking sector’s stability and fuel speculation regarding investments of licensed banks in Government of Sri Lanka International Sovereign Bonds (ISBs) and Sri Lanka…

(0)Comments | July 5, 2021 9:49 pm