Central Bank absorbs US $ 1.7 billion in foreign exchange
The Central Bank revealed yesterday that it had absorbed $ 1.7 billion in foreign exchange year to date of which a high $ 662 million in May thereby stabilising the Rupee.
SLT-Mobitel unveils high-tech operational green headquarters
SLT-Mobitel recently unveiled its technologically advanced, high-tech operational green headquarters, first in the history of SLT, located at Welikada, Colombo.
SL Government initiates world’s first international environmental university
Sri Lanka is embarking on an ambitious initiative of establishing the world’s first international environmental university to support the global effort in addressing climate change.
ICRC assists SL low income families hit by economic crisis
Low-income families are facing the worst effects of the economic crisis, the International Committee of the Red Cross (ICRC) said.
Prince William and wife Kate arrive in Jordan for country's royal wedding
Jordan's Al Mamlaka TV saud Thursday that Britain's Prince William and his wife Kate have arrived in Jordan to attend the highly anticipated wedding of Jordan's crown prince and a Saudi architect.
Central Bank unveils a surprise policy rate cut after inflation decline
The Central Bank yesterday delivered a surprise policy rate cut, bringing nearly two years long tightening cycle to a close and left open the door for further rate cuts in the next few months among other measures to ease remaining restrictions on imports to reverse the prolonged economic contraction.
SL monthly tourist arrivals fall below 100, 000 for first time this year
Tourist arrivals to Sri Lanka fell below the 100,000 mark for the first time this year due to the drop in momentum in the month of May,
Govt. widens tax net via new gazette targeting professionals
The Government has widened the tax net making it mandatory for professionals belonging to 14 categories to register themselves with the Inland Revenue Department.
Indiana Ophthalmics showcaused by Pharmexcil after eye drop recall in Sri Lanka
Indiana Ophthalmics has been showcaused by the Pharmaceuticals Export Promotion of India (Pharmexcil) following a recall of its eye drops by the Sri Lankan Health Ministry due to adverse events possibly linked to the product.
British Airways fined $1.1m by US government
British Airways has been fined $1.1m (£878,000) by the US government over claims it failed to pay refunds for cancelled flights during the pandemic.
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Issuing passports in days is within reach
The government’s promise to issue new passports in seven days is a welcome relief for those travelling.
Tourism Alliance launches destination consumer marketing campaign
Sri Lanka Tourism Alliance (SLTA) said yesterday its destination consumer marketing campaign had reached new heights.
Sri Lanka and IMF look at strengthening financial governance
Sri Lanka and the International Monetary Fund (IMF) have looked at strengthening financial governance in Sri Lanka.
Thailand and Sri Lanka discuss ways to boost trade and investment
Outgoing Thai Prime Minister Prayut Chan-o-cha welcomed his Sri Lankan counterpart Dinesh Gunawardena in Bangkok on Wednesday, saying Thailand and Sri Lanka’s bilateral ties go as far back as over 700 years.