Four Sri Lankan tea exporters namely, M/S. Imperial Tea (Pvt) Ltd, M/S Maltras International (Pvt) Ltd, M/S Basilure Teas (Pvt) Ltd and M/S Tea Talk (Pvt) Ltd participated at the ANUFOOD Brazil 2022 exhibition held in Sao Paulo from 12th to 14th April 2022 under the patronage of the Sri Lanka Tea Board and the Embassy of…
Sri Lanka’s finance minister said on Friday that its neighbour India and the World Bank are considering extending about $2 billion in bridge finance so it can continue essential imports. The country of 22 million people is struggling to pay for imports after a sharp drop in foreign exchange reserves which has led to a…
Serum Institute of India Ltd., the world’s largest vaccine manufacturer and a key supplier of COVID-19 inoculations to developing countries, has stopped making fresh batches of shots after its stockpile grew to 200 million doses amid a global supply glut. “We have got 200 million doses of stock. We had to shut down production in…
Sri Lanka’s overall rate of inflation as measured by the National Consumer Price Index (NCPI) on the Year-on-Year (Y-o-Y) basis has been recorded as 21.5% in March 2022, according to the Department of Census and Statistics. This was revealed in the National Consumer Price Index issued for the month of March 2022. The headline inflation…
There is an unprecedented movement in the history of our country with all sections of the community coming together in peaceful protest demanding a solution to the economic problems besetting their families and their wellbeing. Many countries are similarly facing these urgent challenges at the same time given the unprecedented post-pandemic recovery while finding a…
Sri Lanka Tourism Promotion Bureau has warmly welcomed Israeli film production house ‘United Channel Movies”(UCM) to Sri Lanka to shoot their latest feature film ” Arugam Bay” in the Eastern region of Sri Lanka. Filming to be started from 3rd May to 22nd May 2022. The main filming will be taking place in Arugam Bay, Colombo, as…
RPCs allege discrimination by authorities on allocation of fuel for leaf and latex transport and power generation Calls for radical and bold reforms to resuscitate industry including allowing hybrid $ auctions Calls for additional assistance to increase production to enhance Dollar earnings and measures to reduce high COP The Government’s failure to allocate fuel quotas…
Following is the full statement of John Keells Holdings (JKH): Our country is facing its most significant and challenging crisis – economically, politically and socially. As a corporate citizen and member of the business community, the John Keells Group has been gravely concerned with the dire economic circumstances facing the country, which require immediate remedial…
Singapore Airlines (SIA) has signed a Memorandum of Understanding (MoU) with the Sri Lanka Tourism Promotion Bureau (SLTPB) on 12 April 2022, reaffirming SIA’s commitment to Sri Lanka to support efforts to boost tourism in the country. The MoU was signed between Ms. Kimarli Fernando, Chairperson, Sri Lanka Tourism Promotion Bureau, and Mr. David Lau,…
Minister of Foreign Affairs, Professor G.L. Peiris met with the Ambassador of China, Qi Zhenhong, on 21 April, 2022 at the Foreign Ministry. While welcoming the Ambassador, Minister Peiris appreciated China’s continued assistance to Sri Lanka which had begun even before establishing formal diplomatic relations between the two countries. He also recalled the Chinese monuments…
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