October tea sale averages slide
Sri Lanka’s national tea sales average for October declined to Rs. 1,172.15 (US$ 4.02) per kilogram, down by Rs. 35.84 and US$ 0.02 compared with September’s Rs. 1,207.99 (US$ 4.04), according to data from the Sri Lanka Tea Board.
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India- Russia joint venture bid to manage China-built Mattala airport goes awry
– Sri Lankan authorities not ready to grant licence for it over legal barriers, states top source – New government to decide on alternative model for development of the Airport only after General Election
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Top banker Kavinda de Zoysa appointed new Chairman of Bank of Ceylon
The Bank of Ceylon (BOC) has announced the appointment of Kavinda de Zoysa as its new Chairman. With over 30 years of experience in the banking industry, including 25 years in management, de Zoysa brings extensive leadership expertise and a strategic vision to the role.
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ADB optimistic about reforms but warns of limited room to manoeuvre
Expects new government to focus on a more equitable burden-sharing strategy protecting needy Observes positive signs of continuity in reform programmes and policies Its 2024-2028 Country Partnership Strategy aims achieving sustainable recovery
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Sri Lanka surpasses 1.6 million tourist arrivals by October-end
Sri Lanka is on pace to surpass its ambitious goal of attracting 2.3 million tourists this year, marking significant growth from the over 1.4 million tourists it welcomed in 2023.
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CPC to cancel permits given to illegally built fuel filling stations
In the future, no opportunity will be provided to recover expenses from people for illegally built filling stations, Ceylon Petroleum Storage Terminals Limited (CPSTL) Chairman D.J.A.S De S. Rajakaruna said.
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Sri Lanka surpasses 1.6 million tourist arrivals by October-end
Sri Lanka is on pace to surpass its ambitious goal of attracting 2.3 million tourists this year, marking significant growth from the over 1.4 million tourists it welcomed in 2023.Growing closer to Sri Lanka’s target of attracting 2.3 million tourist arrivals in 2024, the country had already welcomed 1,620,715 arrivals by October 2024, indicating a positive momentum in tourism.
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OQ Trading gets contract to supply LPG for Litro in 2025
The Cabinet of Ministers on Monday approved awarding the contract to OQ Trading Ltd., for the supply of Liquefied Petroleum Gas (LPG) to Litro Gas Lanka Ltd., in 2025.
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Swarnamahal Financial Services PLC – Repayment of 50% of the Remaining Deposits
Consequent to the Order issued by the Monetary Board of the Central Bank of Sri Lanka to resume business of Swarnamahal Financial Services PLC (SFSP) for a limited time on a conditional basis,
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Israeli tourists leave Sri Lanka amid security advisories, arrivals from other markets remain stable
Number of Israeli tourists in SL drops from 514 to 125 Sri Lanka Tourist Police Unit says remaining Israeli visitors are in Ella and Southern coast Asserts no significant outflow of tourists from other nations that advised caution Confirms over 20,000 international visitors are in country at present
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