Sri Lankan Airlines crew extinguish lithium battery fire on Kochi-Colombo flight

Special commission to probe losses in Sri Lankan and Mihin Airlines

Colombo, Feb 3 (newsin.asia) - Sri Lankan President, Maithripala Sirisena, on Saturday appointed a special Presidential Commission to inquire into allegations of large scale frauds and malpractices in the country's national airline carrier SriLankan Airlines, SriLankan Catering Ltd and state owned budget carrier Mihin Lanka (Pvt) Ltd during the period of January 01, 2006 to January 31, 2018. President Maithripala Sirisena...

Post-release, Padmaavat triggers new issues

Padmaavat grosses US$15.6 million in four days flat

New Delhi, February 1 (Zee News India): Filmmaker Sanjay Leela Bhansali's epic tale of love, valor and pride 'Padmaavat' has received a warm reception by the viewers. Despite facing massive protests by some fringe groups, the film finally hit the screens on January 25, 2018. Noted film critic and trade analyst Taran Adarsh took to Twitter and shared the latest...

Maldivian Finance Minister addresses country’s debt issues

Maldivian Finance Minister addresses country’s debt issues

Male, February 1 (newsin.asia): The Maldivian government is addressing the country’s debt problem by diversifying its debt instruments and reducing short term debt so that the Debt to GDP ratio is lessened, Finance Minister Ahmed Munawar told Stefania Palma of www.thebanker.com For decades, the Maldives government borrowed from the Central Bank, a practice that led to monetary inflation, Munawar said....

Maldivian opposition leader Gasim owes US$200 million as overdue taxes

Maldivian opposition leader Gasim owes US$200 million as overdue taxes

Male, January 31 (newsin.asia): The Maldivian Tourism Ministry has said that Villa Shipping and the Villa Group of resorts owned by the opposition Jumhoory Party leader Gasim Ibrahim owe the government US$ 200 million in overdue taxes and other levies, despite repeated official and unofficial reminders. The Ministry said in a press release on Wednesday that if the payment is...

Unlimited number of Sri Lankan flights can now operate from six Indian airports

Sri Lanka’s national airline boosts services to Dubai

Colombo, Jan 29 (newsin.asia) - Sri Lanka's national airline carrier, Sri Lankan Airlines will introduce four narrow body flights to support its daily wide-body operations between Dubai and Colombo, the airlines said in a statement Monday. This step has been taken in view of the growing demand for air travel between the two cities and the enhanced service is expected to allow...

China-Sri Lanka deal on controversial Hambantota port to be signed on Saturday

Sri Lanka receives highest ever FDI in 2017, China tops the list

Colombo, Jan 29 (newsin.asia) - Foreign Direct Investment (FDI) into Sri Lanka reached an all-time high of 1.63 billion US dollars in 2017, doubling from the US 802 million dollars achieved during the previous year, the country's investment bureau said in a statement Monday. The Board of Investment (BOI), the agency tasked with promoting and facilitating FDIs, reported that the...

Sirisena comes down heavily on alliance partner’s economic policies

Sirisena comes down heavily on alliance partner’s economic policies

Colombo, January 27 (Daily Mirror/newsin.asia): Sri Lankan President Maithripala Sirisena on Friday came down heavily on the economic policies of his governmental alliance partner, United National Party (UNP), headed by Prime Minister Ranil Wickremesinghe. Speaking to editors of Sri Lankan media institutions here, the President charged that the government incurred a major loss of revenue in the past three years...

Page 82 of 114 1818283114

RecommendedArticles

Welcome Back!

Login to your account below

Create New Account!

Fill the forms bellow to register

Retrieve your password

Please enter your username or email address to reset your password.