Under the directive of President Gotabaya Rajapaksa, the Foreign Ministry reviewed the entry procedure today, 06 April 2021, as a measure of relief for prospective Lankan returnees.
Under the new procedure, Sri Lankans, dual citizens who travel on Sri Lankan passports, spouses and unmarried child
Food inflation has risen over the last year, although the overall inflation is low. According to the National Consumer Price Index, overall prices rose by 3.7% between January 2020 and January 2021, but food inflation rose by 5.9%.
While this is a matter of concern to the public, items like turmeric and green gram, which made the news after rising to dizzying heights tend to steal the spotlight. While Sri Lankans appreciate a good plate of rice and curry, the cost of this essential meal is something that must be discussed.
‘Bath Curry’, or commonly known as rice and curry, is something that all Sri Lankans can immediately identify with. The ‘Bath Curry Indicator’ (BCI) by the Advocata Institute is a Sri Lankan spin on the infamous ‘Big Mac Index’ by The Economist. It simply tracks prices of a limited basket of goods that are consumed in Sri Lanka, and provides an indication of how much prices have changed over time.
With support from the United States, the Colombo Law Society (CLS) recently launched a mobile application that provides members with access to online legal resources and court calendars. With court calendars and law reports at their fingertips, lawyers will be able to better serve the public.
Th
The Council for Business
with Britain (CBB) is now a member of the British Chambers of
Commerce and marked this collaboration with an open networking event. The
virtual gathering titled ‘The Power of a Global Network’ gave CBB members and other
businesses across Sri Lanka a platform to connect with over 50 Regional
Chambers of Commerce in the UK -as well as 70 International British Chambers
across the globe, and explore the many trade, investment, learning, and networking
opportunities this partnership would pave the way for in the years to come.
Through its
association with the British Chambers of Commerce, CBB members will benefit
SANASA Development Bank has resolved to raise capital through the issuance of new Ordinary Voting Shares to the public via a Secondary Public Offering (SPO), the bank said in a stock exchange filing.
The SPO under consideration constitutes of an invitation to the public, by way of a Prospectus, to subscribe up to Sixty Eight Million (68,000,000) new Ordinary Voting Shares of the Bank (Initial Issue) and in the event of an oversubscription of the Initial issue to issue up to a further Twenty Million (20,000,000) new Ordinary Voting Shares of the Bank at the discretion of the Board of Directors of SDB (Further Issue) resulting in a total issuance of up to Eighty Eight Million (88,000,000) new Ordinary Voting Shares of the Bank (Total Issue).