Business
Sri Lankan Airlines to continue flights to Qatar
Colombo, June 6 (NIA) - Sri Lanka's national airline carrier, Sri Lankan Airlines, on Tuesday said it will continue to operate its flights to Qatar after several Gulf States and the Maldives cut off all ties with the Arab state. Sri Lankan Airlines however said it will continue to monitor the situation in the Middle East closely. UAE airlines are...
Ranil tightens grip over economic and foreign portfolios
By P.K.Balachandran Colombo, June 2 (Daily Express): Sri Lankan Prime Minister Ranil Wickremesinghe has tightened his grip over the country’s economic and foreign policies through the two ministerial portfolio shuffles carried out by President Maithripala Sirisena recently. In Wednesday’s shuffle of junior ministers’ portfolios, banker and Wickremesinghe loyalist Eran Wickramaratne was made State Minister of Finance to assist the new...
Here’s how much Exxon paid Republicans who urged Trump to ditch Paris climate deal
By Tom Cahill/www.resistancereport.com 22 Republicans were behind the push to get President Trump to leave the Paris climate agreement. Those senators are also favorites of polluters. A letter sent to the White House last week — signed by 22 of the most conservative Republicans in the U.S. Senate — rejected the overwhelming global scientific consensus behind climate change in favor...
Sri Lanka, ‘best island for investment in the future’
Colombo, June 1 (NIA) - The ‘Island Economies of the Future’ of fDi Magazine, published in the UK topped Sri Lanka as the country with best potentials to build up the strongest economy among 27 island nations in the future, the President's media division said. Accordingly, it points out Sri Lanka will be the most suitable country among the island...
SriLankan expands network to Yangon in deal with Myanmar Airways
Colombo, May 30 - Sri Lankan Airlines will expand its network to Yangon in a codeshare partnership with Myanmar Airways International (MAI) on flights to Bangkok and Singapore from 1st June 2017 to take advantage of growing tourist traffic. MAI will codeshare on flights operated by SriLankan between Colombo and Bangkok, and Colombo and Singapore, a statement said. “Passengers will...
World’s largest beef exporter may exit market as India bans sale of slaughter cattle
Canberra, May 30 - One of the world's biggest beef exporters is getting out of the market. India, which accounted for 20 per cent of all the beef exported in the world last year, is dealing with tough new rules by the Government that ban the sale of cattle, including cows and buffaloes, for slaughter across the country. The decision...
Sri Lankan airlines to launch direct daily flights to Melbourne
Colombo, May 29 (NIA) - Sri Lanka's state run Sri Lankan Airlines will launch direct fights to Melbourne, Australia daily from October targeting business travelers, students as well as international travelers, the Airline said in a statement on Monday. Sri Lankan Airlines said Australia was home to one of the largest Sri Lankan expatriate communities, many of whom reside in and...
It’ll be “commercial diplomacy” from now on, says Lanka’s new Foreign Minister
By P.K.Balachandran/www.southasianmonitor.com Colombo, May 27: Sri Lanka’s newly appointed Foreign Minister Ravi Karunanayake, who was previously Finance Minister, has said that Sri Lanka’s diplomacy from now on will be “commercial” with the aim of shoring up the economy and getting the system and the people to deliver. More specifically, the aim will be to get Foreign Direct Investment (FDI) and...
India ban on market sale of cattle for slaughter will hit farmers below the belt
New Delhi, May 26 (newsin.asia): The Indian government has banned the sale and purchase of cattle from animal markets for slaughter, a move that is expected to hit trade in and export of meat and leather and ruin farmers who are reeling under great stress because of draught and debt. The government has also prohibited practices that are cruel to...
Sri Lanka: A country trapped in debt
Colombo, May 26 - China is investing billions of dollars in infrastructure and developments in Sri Lanka, but many local citizens feel the country is being sold to the Chinese. Normally the roads leading to Asian ports are bustling. Trucks loaded with cargo. Small shops where lorry drivers and workers take a tea break. Hambantota port in southern Sri Lanka is...
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