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Economy May 13 (Reuters) – Sri Lankan stocks rose on Wednesday, boosted by gains in financials and consumer stocks, while the central bank announced stimulus measures to bolster the tourism-dependant economy during the COVID-19 pandemic after markets closed. ** The benchmark stock index closed up 2.81% at 4367.25, snapping a two-day losing streak. ** Sri […]

By Feizal Samath Courtesy TTG Asia Sri Lanka – similar to Maldives – is considering reopening its air and sea borders in July to foreign tourists. However, Sri Lanka Tourism’s chairperson Kimarli Fernando said arrivals would be mostly overseas Sri Lankans returning to visit relatives and friends. In anticipation of this, the government is planning to aggressively promote […]

Courtesy The Guardian(UK) India’s ‘champagne of teas’ among those affected as country’s tea board estimates output could drop 9%, amid strain in China and Sri Lanka Trouble is brewing for the world’s tea producers as the coronavirus lockdown shut down the harvest in several important regions, including the picking of India’s champagne of teas”. Despite […]

Courtesy Financial Express The president emphasised the need to focus promoting medical tourism by highlighting the “successful efforts taken by Sri Lanka to contain the spread of the coronavirus.” Sri Lanka will target high-spending tourists to revive the tourism sector which has been shattered by the coronavirus pandemic, President Gotabaya Rajapaksa has said. Widespread travel […]

Courtesy Adaderana An operational guideline introducing the procedure to be adopted by barber shops and salons that are serving customers during the outbreak of COVID-19 has been issued. Issuing the guideline, Director General of Health Services Dr. Anil Jasinghe stated that this guideline is an addendum to the main guideline – Interim Operational Guidelines on […]

Yasiru Ranaraja, Maya Majueran Courtesy CGTN Yasiru Ranaraja is a maritime regulations and BRI developments expert. Maya Majueran is a Ph.D. candidate at the State University of Kalaniya researching the BRI. The article reflects the authors’ opinions, and not necessarily the views of CGTN. Sri Lanka is considered a vital part of China’s Belt and Road Initiative (BRI) because of […]

Courtesy NewsIn.Asia Colombo, April 22 (newsin.asia) — Sri Lanka Tourism plans for an early revival post-COVID-19, as the country starts opening up gradually from this week. A major step was the Cabinet approval of the critical five-year global promotion initiative last week and plans are underway to finalize the Terms of Reference and appointment of […]

BY JAMES CHAPPLE Courtesy ttg The carrier has suspended regular flights until 30 April, but is operating selected special services to repatriate visitors. Limited commercial flight options otherwise remain for Britons seeking to return from the island nation, according to the Foreign Office (FCO) – which has confirmed the Saturday flight. However, the FCO will […]

By KYLIE WALTERS FOR DAILY MAIL AUSTRALIA Gordon Ramsay was a huge hit with audiences when he appeared in the premiere of MasterChef: Back to Win on Monday night as a guest judge. But the 53-year-old celebrity chef was left slightly red-faced when he made a terribly awkward gaffe while praising competitor Dani Venn on her […]

Embassy of Sri Lanka Washington D.C.  The Government of Sri Lanka has introduced a new bank account termed Special Deposit Account (SDA) for all Sri Lankans living in and outside the country to remit their foreign currency earnings, savings and investments to any bank of their choice in Sri Lanka. It is in the form […]

Courtesy The Daily Mirror A new bank account termed Special Deposit Account (SDA) has now been introduced for all Sri Lankans living in and outside the country to remit their foreign currency earnings, savings and investments to any bank of their choice in Sri Lanka. It is in the form of Term Deposits either in […]

Courtesy Adaderana A decision has been taken to close the Dambulla Dedicated Economic Center until further notice. The lack of proper hygiene procedures followed by the public who visit the center is the reason behind this decision, according to Chairman of the Economic Center Trade Association Channa Arawwa. He added that there is a risk […]

Mangolk Mangolk has created a central directory of delivery services people can use during the curfew. https://mangolk.com/#5e8397a205ac5a402b71ecea,5e8397a205ac5a402b71ef2f

By NS Energy Staff Writer Courtesy NS Energy The facility waiting for the delivery, in Sri Lanka, has a capacity of 10MW The Vertex series includes bifacial double-glass modules and back sheet modules. (Credit: Pixabay/Free-Photos) Trina Solar Co., Ltd (Trina Solar” or the Company”), a global leading provider of integrated PV modules and smart energy solutions, […]

Editorial Courtesy The Island Tuesday 31st March, 2020 Time was when there were retail shops, or sillara kades, at every nook and cranny of the country, selling various commodities, including grocery items, at reasonable prices. Catering as they did mostly to low income groups, they could keep prices low as they had no overheads as […]

LIONEL RAJAPAKSE Most countries in the world are experiencing a shortage of essentials. These include day-to-day household items, medical equipment, pharmaceuticals, food items, etc. Luckily, only a couple of cities in China were locked down, due to the COVID-19 threat. If the whole of China had been locked down, there would have been a catastrophic […]

Courtesy The Daily News All departure flights leaving from Sri Lanka would continue to be operated as usual, officials at the Airport and Aviation Services Limited said. The President Media Division also said the departure terminal will continue to be operational. Also flights are allowed into the country to take the departing passengers. All passenger […]

LUXMINDRA JAYASEKARA  PANIC SELLING In recent days, China broke many records, and earned absolutely everything, $ 20 billion in the first news and bought about 30% of the shares of companies that belong to the West in China. President Xi Jinping has surpassed Europeans and intelligent American Democrats. He played a wonderful game in front […]

Courtesy BBC Sri Lanka has closed its border to travellers from the UK, affecting England fans who were still planning to visit the country despite the postponement of the two-Test series. Even though Joe Root’s side arrived home on Sunday, a number of supporters intended to go ahead with holidays. However, people from the UK, […]

Courtesy TTG Media The Foreign Office has updated its travel advice to advise against all but essential travel to Sri Lanka. The move effectively places the popular holiday hotspot off limits to British tourists. The FCO made the announcement shortly after midday on Sunday (15 March), citing a decision by the Sri Lankan government to […]

By Tasha Wibawa Courtesy ABC News PHOTO: The Australian Therapeutic Goods Association does not approve products to be sold as “skin lightening”. (Supplied: Krisantha Weerasuriya) A “skin lightening” product advertised as made in Australia, which is being sold in South Asian countries including Sri Lanka and Myanmar, has been slammed by experts and labelled “unethical”. Key points: The […]

Tourism Sri Lanka

Courtesy The Hindu Entry to Qatar has been temporarily suspended for passengers from several countries including India, China, South Korea, Sri Lanka and Thailand. The restriction will severely affect those travelling to the US, as Doha is one of the major transit points in West Asia, along with Kuwait and Dubai. Qatar’s restriction, following the […]

Courtesy Adaderana Oil prices and stock indexes were in freefall Sunday after Saudi Arabia announced a stunning discount in oil prices — of $6 to $8 per barrel — to its customers in Asia, the United States and Europe. Benchmark Brent crude oil futures dove 30% — the steepest drop since the Gulf War in […]

Courtesy Adaderana The Ceylon Electricity Board (CEB has, reportedly, issued a tender for 150 MW of solar power. Reportedly, CEB hopes to build 20 solar projects ranging in size from 3 MW to 10 MW. The facilities are set to be built in different locations and each of them will be connected each to different […]

blueswandaily.com Sri Lanka‘s Tourism Development Authority reported (08-Mar-2020) visitor arrivals to Sri Lanka for Feb-2020. Details include: Visitor arrivals: 207,507, -17.7% year-on-year; India: 35,309, +9.4%; UK: 26.348, -11.4%; Russia: 20,948, +61.0%; Germany: 16,405, -5.0%; France: 11.430, -33.9%; Australia: 9578, +8.7%; US: 7803, -19.4%; Ukraine: 6072, +13.4%; Canada: 5482, -15.3%; Poland: 4693, +42.1%; China: 2096, -92.5%.

Jessica Cummins Courtesy Proactive Investors Australia An upgraded mineral resource estimate will be finalised once the mineralogical studies underway have been completed. Panning of samples from below the water table with the dark material being heavy minerals Titanium Sands Ltd (ASX:TSL) has received all RC aircore assay results drilled in late 2019 at Mannar Island Heavy Minerals […]

Courtesy The New Indian Express It would take around three hours for one-way trip and would cost about Rs 6,5000-Rs 7,000 for a round trip. By Debjani DuttaExpress News Service PUDUCHERRY: In order to promote tourism, the ministry for shipping has mooted a proposal to start ferry service between Karaikal in the Union Territory of Puducherry and […]

Courtesy Portstrategy.com Sri Lanka Ports Authority will carry out a 15-month feasibility study for a new port development to help it meet its goal of container handing capacity of around 35m teus. The port authority planned to develop the Colombo North Port, in the northern side of the existing Port of Colombo to use for […]