Sri Lanka’s 2011 tea production records 328.3 million kilograms

Sri Lanka’s 2011 tea production records 328.3 million kilograms Sri Lanka’s tea production during the year 2011...

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Treasury bill auction

Treasury bill auction Sri Lanka’s weekly treasury bill auction held today...

 

Archive for the Category ‘Featured’

Hirunika Premachandra announces political entry

Hirunika Premachandra announces political entry

The daughter of the slain political leader Bharatha Lakshman Premachandra has joined the Sri Lanka Mahajana Party in a bid to start her political journey, said a local media report.
Hirunika Premachandra once a model earlier announced that she will enter politics to fill the shoes of her father, who was assassinated.
Premachandra was assassinated few months [...]

Cruise ship “Arcadia” arrives with 2100 tourists

Cruise ship “Arcadia” arrives with 2100 tourists

(News360.lk) The British owned Arcadia” cruise ship has arrived in Sri Lanka with 2100 tourists onboard.
The Cruise ship is currently being berthed at the Colombo Port and is expected to leave to Thailand, its next destination.
A statement issued by Sri Lanka Tourism says, the luxury carrier owned by the UK based Carnival PLC has tourists [...]

Wear seat belts or face “spot fines”

Wear seat belts or face “spot fines”

Sri Lanka says, it will impose spot fines against drivers and passengers travelling in the front seat of the vehicles without wearing seat belts.
Cabinet of Ministers have given their consent to go ahead with the proposal by amending the motor traffic act.
As of now, the implementation of the fines for this offense is being carried [...]

Sanctions on Iran impact Sri Lankan tea exporters

Sanctions on Iran impact Sri Lankan tea exporters

Sri Lanka’s weekly tea auction has seen small leaf teas fetching low prices and the highly priced tippy varieties going unsold, as Iran, the main buyer of those teas is struggling to access foreign exchange.
“This could be attributed to Iran’s lack of access to foreign exchange and other sanction measures”, added John Keells tea brokers [...]

Pawning a preferred source of financing for the SME sector – Report

Pawning a preferred source of financing for the SME sector – Report

(News360.lk) Sri Lanka’s Small and Medium Scale Enterprises are using pawning as a preferred source of raising funds, specially the ones engaged in the areas of agriculture and fisheries sectors, says a new equity research report.
Bartleet Religare Securities, in its latest equity research report says, ease of availability, quick approval and the ability to obtain [...]

Sri Lanka should cut down its milk powder import bill – President

Sri Lanka should cut down its milk powder import bill – President

Sri Lankan President Mahinda Rajapaksa says the Island should cut down its annual milk powder import bill by increasing local fresh milk production.
According to Rajapaksa, Sri Lanka spends around US$ 400 million per annum to import milk powder to the country thus losing valuable foreign reserves.
He says, by cutting down on the import bill of [...]

SriLankan to recruit more pilots

SriLankan to recruit more pilots

(News360.lk) SriLankan Airlines which presented “wings” to its latest batch of cadet pilots aims to recruit more of them to meet the growing needs of the Airline.
SriLankan says, with its plan to increase the fleet size to 30 aircrafts by 2015, more pilot recruitment is required.
It also points out that the ongoing fleet expansion program [...]

Sri Lanka wants Chinese to follow the Great Admiral

Sri Lanka wants Chinese to follow the Great Admiral

Sri Lanka Tourism is planning to attract Chinese tourists to visit the Island by using the influence of the Great Chinese Naval Admiral of the 14th Century “ZhenG He”.
According to Sri Lanka Tourism, Zheng He has visited the country, six times out of his 7 voyages to around 30 countries made during Chinese Ming Dynasty, [...]

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