It is reported that many heads of the Public Corporations Department have requested the Ministry of Finance to transfer their accounts in the People’s Bank to other banks. They say that many problems have arisen due to the people’s bank officials not being able to maintain their financial affairs due to the strike, and they …
Due to strikes, many government institutions will leaving the People’s Bank Read More »
A discussion was held today between the representatives of the Vehicle Importers Association and Central Bank Governor Dr. Nandalal Weerasinghe. Shanta Gamage, president of the association, said that they did not receive a positive response from the Governor of the Central Bank to import vehicles again. But the central bank governor has agreed to focus …
“It is not possible to bring vehicles right now,”says C.B Governor Read More »
Central Bank Governor Dr. Nandalal Weerasinghe says that he knows the reason why lawyers do not object to the tax on earnings imposed by the government. The Governor of the Central Bank said that professionals such as bankers, doctors and engineers oppose the payment tax when they earn because they cannot hide their income, adding …
“I know how lawyers cheat on taxes,” says the central bank governor. Read More »
It is reported that Sri Lanka is ready to implement an ambitious plan to increase its foreign reserves by at least 8.4 billion dollars. Minister of State for Finance Shehan Semasingha also said that Sri Lanka will start building up its foreign reserves with the International Monetary Fund disbursing the first tranche of its extended …
Sri Lanka is preparing to collect foreign reserves of 8.4 billion dollars. Read More »
According to the report, the dollar, which was depreciating against the rupee for several days, showed a slight decrease today. According to the exchange rates issued by the Central Bank of Sri Lanka on a daily basis, the buying price of the US dollar is Rs.311.62 and the selling price is Rs.328.90. Below is how …
Cinnamon Air, Sri Lanka’s premier domestic airline, has resumed daily scheduled flights after a temporary suspension during the COVID-19 pandemic. The airline is the only domestic carrier in Sri Lanka offering daily scheduled flights and the only such airline to operate flights from the Bandaranaike International Airport (BIA) with a dedicated passenger terminal and aircraft …
Cinnamon Air Resumes Daily Scheduled Flights in Paradise Read More »
The International School of Medicine (ISM) of Zhejiang University (ZJU) of China recently signed a Memorandum of Understanding with Sri Lankan and Australian partners on educational and cultural exchange. CAMG Lanka (Private) Limited in Sri Lanka and its subsidiary CEC China Education Consultants in Australia entered into the MoU with ZJU-ISM. The MoU was signed …
Police have arrested two suspects wanted in connection with the shooting and killing of a businessman who was travelling by a vehicle in the Pinwatta area in Panadura. The 57-year-old identified as Sampath Kudagoda, a businessman residing in Kirillawala, was found dead in the driving seat of his Land Cruiser Prado on February 28. Following …
Two suspects arrested over businessman’s murder in Panadura Read More »
The Committee on Public Enterprise (COPE) has decided to summon several state institutions. The inaugural meeting of the COPE, which was appointed following the opening of the fourth session of the 09th Parliament, was held last week, during which Prof. Ranjith Bandara was appointed as its chairman. The committee is scheduled to meet tomorrow (March …
The Panadura branch of the Colombo Stock Exchange (CSE) was officially opened to the public by the CSE Chairman, Mr. Dilshan Wirasekera, on the 2nd of March 2023, with the participation of a few Stockbroker Firms, President of Sinhala Business Association Mr. Gihan Kuruppu, CSE CEO Mr. Rajeeva Bandaranaike, Senior Management and the staff. Panadura …
