Sri Lanka Tourism Promotion Bureau (SLTPB) kicked off its international media promotions for 2020, by collaborating with British mainstream TV channel ITV-UK. Under the Visiting Journalist Program, SLTPB was invited to ITV’s flagship daily morning program called ‘’This Morning Show’’ series in Sri Lanka from 5th-11th January 2020. ITV is the oldest commercial British free-to-air television network with its headquarters in London. It was…
Vidya Jyothi Dr. Bandula Chandranath Wijesiriwardena has been appointed as the new Chairman of Lanka Hospitals Corporation PLC. Dr. Wijesiriwardena is a consultant physician in internal medicine, by profession; holds MBBS (Colombo), MD (Colombo), and MRCP (UK) degrees. After a career in the government service of over 33 years of which 24 years as a consultant,…
Approval of the Cabinet has been granted previously to purchase 400, 50-54 new seater buses and 100 32-35 new seater buses, utilizing US $ 15.03 million under the Indian Line of Credit. In the meantime, the Sri Lanka Transport Board having re-assessed their requirements in supplying an efficient and comfortable service to the general public…
Continuing its dedication to promote investment opportunities in Sri Lanka to the world, Marina Square – Uptown Colombo recently hosted a group of delegates from China to showcase its harbor front mixed development project. Representing the One Belt One Road Association, the delegation consisted of investors from different business areas in China. The Marina Square…
Reveals the inaugural Social Responsibility report • LKR 550 million allocated for the Fishermen Livelihood Improvement Programme • Priority given to local elements and localized procurements • Systematic training provided for 1,500 local suppliers • Creating job opportunities that directly support 8,000 locals Port City Colombo has successfully achieved 12 million safe work hours with…
Presidential Secretariat continues to receive complaints from the general public as well as reports from both print and electronic media that the tax benefits, particularly from the reduction of VAT on the sale of goods at both retail, wholesale and import points effective from 1st December 2019, has not passed on to the consumers. Among such…
Although, wooden sleepers have been used mainly for railway tracks from the inception of the Railway Service in Sri Lanka, the Government Timber Corporation has been unable to meet the high demand for wooden sleepers, due to the acute shortage of timber. As such, the Railway Department has to opt to obtain more concrete sleepers…
(Reuters) – Sri Lankan shares ended lower on Monday, weighed down by losses in financial stocks, while drug distributor Muller and Phipps (Ceylon) fell by the most in nearly eight years before paring some losses. ** The benchmark bucked a rally in broader Asian stocks, which touched their highest level since June 2018 ahead of…
Sri Lanka’s unemployment rate has increased slightly to 5.1% in the third quarter of 2019, from 4.9% in the second quarter, the latest data from the state statistics office show. The number of unemployed persons is estimated as 437,797 during the third quarter 2019. Overall unemployment rate reported for female is 8.5 percent and it…
Sri Lanka’s gross official reserves grew by US$118.05 million to US$7,638.5 million in December 2019 from US $ 7,520.45 million in November, latest Central Bank data showed. By the end of December, foreign currency reserves were 6,609.1 million dollars while the reserve position in the IMF was 66.2 million dollars. Reserves in Gold were 954.9…
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