The Silk Road Journal: By Mahika Ming The 2011 Fukushima nuclear accident which took place in Japan according to analysts has had a profound impact on the marine environment, food safety and human health of neighboring countries. Hiroshima and Nagasaki in Japan were the targets of the first recorded nuclear attack in 1945 when the…
Australian Aviation Magazine – Australia has gifted Sri Lankan police five drones to monitor people smuggling between the two countries. It’s part of a wider project to help Sri Lanka establish a “drone surveillance capability” that will also conduct natural disaster scene assessments and recovery and transnational crime investigations. The commander of Joint Agency Task…
MELBOURNE (Reuters) – S&P Dow Jones Indices said it is removing India’s Adani Ports and Special Economic Zone Ltd from its sustainability index due to the firm’s business ties with Myanmar’s military which is accused of human rights abuses after a coup this year. The company, which is building a $290 million port in Yangon…
Special Representative of Prime Minister of Sri Lanka Mahinda Rajapaksa, State Minister of Finance, Capital Market and State Enterprise Reforms Ajith Nivard Cabraal visited the Sultanate of Oman from 07-10 April 2021 carrying a special message from Prime Minister Mahinda Rajapaksa addressed to Sultan of Oman His Majesty Sultan Haitham bin Tarik. The visit also…
The Monetary Board of the Central Bank of Sri Lanka (Monetary Board) has decided to suspend business of Swarnamahal Financial Services PLC (SFSP), in terms of Section 31(1) of the Finance Business Act, No. 42 of 2011 (FBA) with effect from 5:00 p.m. on 12th April 2021. Having considered the continuously deteriorating financial condition and…
Close to 400 fully vaccinated passengers experienced Emirates’ latest innovative products and services on ground and inflight Flight supported by fully vaccinated teams on ground and inflight Emirates’ one-of-a-kind flight EK2021 proudly made a journey across the different emirates today, to celebrate the UAE’s remarkable progress in vaccinating its citizens and residents from COVID-19 through a…
Payment of Additional Compensation under the Sri Lanka Deposit Insurance and Liquidity Support Scheme The Central Bank of Sri Lanka wishes to inform the depositors/legal beneficiaries of The Finance Company PLC that the payment of additional compensation under the Sri Lanka Deposit Insurance and Liquidity Support Scheme will commence on 12.04.2021 as already scheduled. For…
SLIM Elects New President and EXCO at 51st Annual General Meeting The Sri Lanka Institute of Marketing (SLIM) held its 51st Annual General Meeting, which saw the induction of its new President Thilanka Abeywardena, who will spearhead the Institute as its 43rd President. This appointment is a milestone in the history of the Institute as…
LONDON (Reuters) -Debt experts, charity groups and investors welcomed news on Wednesday that the world’s poorest countries will get new IMF funds and COVID-19 debt relief, but they also cautioned that for some it would still only be a band-aid solution. A new $650 billion allocation of the IMF’s quasi currency known as Special Drawing…
Considering the recent inquiries on virtual currency usage in the international and domestic markets, the Central Bank of Sri Lanka (CBSL) wishes to inform the public of the risks associated with investing in Virtual Currencies. “Virtual Currencies (VCs)” are digital tokens created by private entities that can be obtained online through mining, Initial Coin Offerings…
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