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Air China resumes flights to Colombo (Pics)

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Chinese airline ‘Air China’ operated its first airline to Bandaranaike International Airport (BIA), Katunayake Airport last night (03) since the suspension of operations due to COVID-19 pandemic spread around the world three years ago.

A total of 142 passengers and nine flight crew members arrived in the A-320 Airbus type aircraft landed at the BIA last night.

The flight CCA-425 arrived at the BIA at 08.20 last night from Chengdu International Airport in Sichuan Province, China.

‘Air China’ Airline is scheduled to arrive at BIA at 08.55pm from Chengdu, China on Mondays, Wednesdays and Fridays and the same aircraft is scheduled to depart from BIA at 10.15pm on the same days for Chengdu, China.

Chinese Ambassador to Sri Lanka Qi Zhenhong, Chinese National Airlines Asia Pacific Regional Manager Shui Jun and a large number of people were present at the BIA to welcome this first flight.

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Air China resumes flights to Sri Lanka

BIZ

No justification for coconut oil price hike – Coconut Development Authority

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The Coconut Development Authority has stated that there is no valid reason for a price increase of coconut oil in the local market.

CDA chairman – Prof. Roshan Perera has emphasized that there has been no tax hike on imported coconut oil.
Given the sufficient supply of coconut oil for domestic consumption, Prof. Perera asserted that any price increase is unjustifiable.

Additionally, a new regulatory program is being planned to control and stabilize coconut oil prices in the market, he added.

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Coconut oil price upped

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The price of a litre of coconut oil has been increased by more than Rs. 100, the National Consumer Front (NCF) has said.

NCF Chairman Asela Sampath said that the price of a litre of coconut oil has been increased by between Rs. 180 and Rs. 200. 

Accordingly, the current retail price of a coconut oil litre is Rs. 550.

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Registration compulsory for all money changers 

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The Central Bank has issued a notice making it compulsory for all money exchange institutions to be registered with the Central Bank and regulated by it. 

The CB order is in effect from 3 June 2024. 

The Central Bank states that all money changers who are currently not registered will now receive the opportunity to provide such services in a systematic and regulated manner. 

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