Prof. Lalith Gamage has been appointed as the new Chairman of the Information & Communication Technology Agency of Sri Lanka (ICTA). He takes over from Jayantha De Silva, who will be leaving as the Secretary to the newly created Ministry of Technology. Prof. Gamage is scheduled to assume office on January 01, 2021. Professor Lalith Gamage was…
According to the daily exchange report of the Central Bank of Sri Lanka (CBSL), the current buying rate of the US Dollar today (30) stands at Rs.185.20 and selling rate of the US dollar stands at Rs.190.02. An increase in volatility of the exchange rate was observed last week. On 24 December 2020, the buying…
New Delhi: The vaccine candidate from Oxford-AstraZeneca has been approved for emergency use in the UK, news reports have confirmed. The vaccine had been awaiting approvals in Britain. Britain had already granted emergency use approval to the Pfizer-BioNTech COVID-19 vaccine, earlier in December. Speaking on Sky News on Wednesday morning, health secretary Matt Hancock said rollout…
Heung A Line head quartered in South Korea launched its maiden service (SIS/CI6) in Sri Lanka with its first vessel call at the CICT of the Port of Colombo with mv. BALTIC SOUTH v. 2001W on the 22nd of December 2020. The service is jointly operated by Heung A Line in partnership with Sinokor Line,…
The listed equities portfolio of country’s largest retirement fund, the Employees’ Provident Fund (EPF), had increased by Rs.10 billion in the third quarter of 2020. As of 30 September 2020, the EPF has invested in 81 listed equities. During this period the market value was reported as Rs.63.76 billion. The value stood at Rs.53.58, at…
MUMBAI (Reuters) – India has decided to lift a ban on onion exports from January 1, as prices have fallen sharply in the last few weeks on expectations of a big crop. Exports of all varieties of onion will be allowed, the Ministry of Commerce and Industry said in a notification. India banned exports of…
Sri Lanka Prosperity Index (SLPI), recorded 0.802 in 2019 compared to 0.811 in 2018, with marginal declines of ‘Economy and Business Climate’ and ‘Socio-Economic Infrastructure’ sub-indices, the Central Bank of Sri Lanka (CBSL) said. “Meanwhile, the ‘Well-being of the People’ sub-index has improved during the year,” the CBSL added. Spillover effects of the Easter Sunday…
Lanka Sathosa Limited, the country’s largest retail network business, registered a profit of around Rs.100 million for the month of October 2020. Speaking about this outstanding achievement, Lanka Sathosa Limited Chairman Dr. Nushad M. Perera noted that the retailer organization had managed to grow its revenue during a challenging year while continuing to offer the…
An official delegation from the Sri Lankan Embassy in Moscow, Russian Federation, with concurrent accreditation to the Republic of Belarus made an official visit to Belarus since Prof. M D. Lamawansa assumed duties as the Ambassador to Russia in May 2020. The primary objective of the visit was to present the copies of the Ambassador’s…
Ukrainian Budget Carrier SkyUp operated the first charter flight to Mattala Rajapaksa International Airport (MRIA) on 28 December, 2020 with 180 international tourists from Ukraine. The Boeing 737-900, flight no PQ555, arrived at MRIA at 1406 hrs. The flight was warmly welcomed with a water salute. Cultural dancing performances were organized in collaboration with Sri…
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