PROTECTION: A rider wearing a mask waits at a motorcycle park in Colombo.ECONOMYNEXT – An ongoing import ban on motorcycles has affected a large number of middle-class Sri Lankans, Opposition Leader Sajith Premadasa said. The ban has negatively affected rural and urban populations as well as state and private … [Read more...] about Motorcycle import ban greatly affects middle-class Sri Lankans: Opp. leader
sri lanka
Twelve new COVID-19 patients in Sri Lanka; total cases rise to 3,299
Tuesday September 22, 2020 12:49ECONOMYNEXT – Twelve new COVID-19 patients were identified in Sri Lanka as at 6am today (22), the National Operations Centre for Prevention of COVID-19 (NOCPOC) said. All patients were returnees from abroad – Two having returned … [Read more...] about Twelve new COVID-19 patients in Sri Lanka; total cases rise to 3,299
India Economy to Lag South Asia in Race to Virus Recovery
Photographer: T. Narayan/Bloomberg Photographer: T. Narayan/Bloomberg South Asia’s biggest economy has been ineffective in stamping out the coronavirus outbreak and it will show up in its economic performance: India is set to lag regional peers in the race to recovery.The relative success of Pakistan, Sri Lanka and Bangladesh in … [Read more...] about India Economy to Lag South Asia in Race to Virus Recovery
Sri Lanka to export cinnamon to Brazil in bark form
EXPORT TAX EFFECT: Sri Lanka hiked export taxes on Cinnamon in the mid-19th century driving demand for Cassia. Though export tax was abolished, the market share from Casia was never recovered. In a globally traded commodity, any export tax is paid for by lost margins of the farmer to maintain market share, or lost market share. … [Read more...] about Sri Lanka to export cinnamon to Brazil in bark form
Four new COVID-19 patients in Sri Lanka; total cases rise to 3,287
ECONOMYNEXT – Four new COVID-19 patients were identified in Sri Lanka as at 6am today (21), the National Operations Centre for Prevention of COVID-19 (NOCPOC) said. All patients were returnees from abroad – three having returned from the UAE and one from Italy, all of whom had been in quarantine. With the new cases, total confirmed COVID-19 patients in the island has risen to … [Read more...] about Four new COVID-19 patients in Sri Lanka; total cases rise to 3,287
Sri Lanka Minister Climbs Coconut Tree to Address Press Conference
Image for representation. (Reuters) The minister was speaking on the soaring prices of coconuts in Sri Lanka and all across the globe. News18.com Last Updated: September 19, 2020, 2:15 PM IST FOLLOW US … [Read more...] about Sri Lanka Minister Climbs Coconut Tree to Address Press Conference
Daily Mirror – Niro Cooke appointed to CWEIC Board
The Commonwealth Enterprise and Investment Council (CWEIC) announced this month the appointment of Niro Cooke to its Board. Cooke, a Sri Lankan professional, is at present the youngest Board member appointed to the statutory board of the CWEIC.Niro Cooke CWEIC is the Commonwealth’s business network. Founded in 2014, it has over 90 business and government … [Read more...] about Daily Mirror – Niro Cooke appointed to CWEIC Board
Cabinet minister accuses Sri Lanka central bank of not prioritising customer well-being
Minister of Industries Wimal WeerawansaECONOMYNEXT – Sri Lanka’s Central Bank has formulated most of its monetary policies with the well-being of banks and finance companies in mind rather than that of their customers, Minister of Industries Wimal Weerawansa said. The Central Bank’s role is to protect the … [Read more...] about Cabinet minister accuses Sri Lanka central bank of not prioritising customer well-being
20A could lead to crisis worse than Yahapalana power struggle: Sri Lanka opposition
SAJITH’S PICK APPOINTED – Former Minister Ranjith Madduma Bandara was unanimously chosen to be the General Secretary of the United National FrontECONOMYNEXT – By significantly stripping the prime minister’s office of its powers, the 20th amendment to Sri Lanka’s constitution could lead to a worse crisis than … [Read more...] about 20A could lead to crisis worse than Yahapalana power struggle: Sri Lanka opposition
Quarantine squabble: Bangladesh tour of Sri Lanka hangs in balance
ECONOMYNEXT – The proposed Bangladesh tour of Sri Lanka hangs in the balance as the two countries’ cricket boards continue to be at loggerheads over the quarantine conditions imposed by Sri Lanka Cricket (SLC) on the visiting team. An SLC source told EconomyNext today that it is doubtful whether the tour that was scheduled to take place from September 27 to October 13 will … [Read more...] about Quarantine squabble: Bangladesh tour of Sri Lanka hangs in balance
