Sunday, 10 Sep 2023
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By Ravi Ladduwahetty
Minister of Industrial Exports, Investment Promotion, Tourism and Aviation, Prasanna Ranatunga yesterday said he would open the Bandaranaike International Airport within 12 hours of its approval by the Presidential Task Force on Covid – 19.
We are awaiting the recommendations of the Presidential Task Force and no sooner they approve it, I will give directions to the BIA...
The consolidated turnover for the second week of trading at the Colombo Stock Exchange since the market reopened on May 11, 2020, was Rs. 8.04 billion, despite the limited trading hours.
Both indexes continued to gain this week setting and resetting the all-time high percentage jump for the S&P SL20. On Monday, May 18 the S&P gained 5.25% which was bettered on...
The Central Bank Annual Report for the year 2019, released last week, has outlined a series of benefits which the Bank has provided to the economy in the wake of the Covid-19 outbreak.
The Statutory Reserve Ratio (SRR) on all rupee deposit liabilities of licensed commercial banks(LCBs) was reduced by 1.00 percentage point by the CB, which injected permanent liquidity of...
The Colombo Stock Exchange will restart operations tomorrow, Monday (11) Contrary to the earlier operational times of 9.30 am to 2.30 pm the CSE will commence trading at 10.30 am and end at 1 pm.
However, there will be no assurance of continuity to these times from Tuesday onwards, the CSE spokesman told the Sunday Observer yesterday.
The Exchange re-opens for trading...
The Government is to bring down more Sri Lankans who got stranded in various world capitals, as the raging Covid 19 pandemic forced many countries to resort to extreme measures and close their borders to contain the threat.
The authorities which will be responsible for this operation are the Ministry of Foreign Affairs, Ministry of Health, Department of Civil Aviation,...
By Ravi Ladduwahetty
The Ceylon Petroleum Corporation(CPC) has called for a tax reduction on retail fuels or a tax increase to offset higher world...
Cabinet appointments:
After the Government’s overwhelming majority in Parliament following the recently concluded General Election, President Gotabaya...
There will be stringent health related checks and balances which will be imposed when the Bandaranaike International Airport will...
Director –General of Health Services Dr. Anil Jasinghe told the Sunday Observer yesterday that he would issue guidelines this...
Countries such as India, China, England, Germany and Russia have made inquiries as to when Sri Lanka would resume tourism,...
Colombo Tea Auction
Fair demand prevailed at this week’s tea auction for the 600,000 kgs on offer. Best and below best Western BOPs were about firm,...
A total of 189 sailors of the Sri Lanka Navy who have been affected by Covid- 19 have been completely cured, Navy spokesman Isuru...
The Central Bank has highlighted the economic impact of the coronavirus epidemic in terms of the direct impact from China and the...
The Government will sign the agreement to construct the second phase of the Bandaranaike International Airport (BIA) with the...
Legal obligations unfulfilled:
International energy specialist, Dr. Tilak Siyambalapitiya, believes that it is hilarious that the Public Utilities Commission of...
Sri Lanka’s history in transport and connectivity will be rewritten today (23) with the Government opening the Colombo-...
Incidents of rampant corruption are now surfacing within the Ministry of Housing and...
President Gotabaya Rajapaksa has directed officials to extend the Marine Drive from Galle Face to Panadura to ease traffic...
Sri Lanka’s tea export revenue has the potential of doubling itself to US $ 5 billion, Chairman of the Tea Exporters Association...
The short term plans proposed by the four-member Tourism Development Task Force appointed by Minister of Industrial Exports,...
The SLPP and the SLFP will decide on the election symbol this week which will be used at the General Election with the...
Minister of Tourism and Aviation Prasanna Ranatunga yesterday vehemently denied a news report on social media recently,...
The construction industry understands that when natural materials such a sand is used, one has to consider the environmental...
This year’s October figure of 7.1 million kilos at a five-year high for the month and is second only to the record figure of 7.5...