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DLB ticket prices to be doubled!

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The prices of Development Lotteries Board (DLB) tickets will soon be doubled following the approval received from the Ministry, DLB Chairman Ajith Gunaratne Naragala said.

He said this during the Gampaha district sales representative meeting of the series of district sales representative meetings being held under the ‘Sanwardhana Abhiman 2023’ programme at the Katunayake Eagle Lagoon Hotel premises yesterday (29).

“With the social and economic setback we suffered along with the covid-19 pandemic, all the businesses in the country were severely affected. Even amidst such an unprecedented economic and political crisis, our sales representatives worked hard to protect the development lottery business.”

“The sales representatives who have been with the DLB for 40 years are engaged in a great service on behalf of the country and the people.”

“In 2022, the DLB recorded a record income of 19 billion rupees. We have given 10 billion rupees to the people and 3 billion rupees to the government as taxes.”

“The daily sale of development lottery tickets of 2.2 million rupees has increased to 3.6 million rupees today. We have decided to make a stronger contribution to the President’s Fund and the Mahapola Trust Fund,” he said.

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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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Apple is the world’s first $1 trillion brand: Kantar

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Kantar BrandZ’s Top 10 Most Valuable Global Brands 2024 has named Apple as the world’s first trillion-dollar brand, holding onto pole position for the third consecutive year. 

Google, Microsoft, and Amazon join Apple atop the rankings, with McDonald’s rounding up the top 5.

Demonstrating how effective AI has become for driving brand value, NVIDIA has lept 18 places to crack the top 10 for the first time, holding sixth position with a 178% year-on-year brand value increase. 

Facebook rejoined the Top 10 after a one-year absence, while Oracle joined the Top 10 for the first time. 

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Govt. to privatise SriLankan as part of IMF programme – CEO

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The government, as part of the International Monetary Fund (IMF) program, is looking to privatise several state-owned enterprises and one of those is the flag carrier of the island nation, said SriLankan Airline CEO Richard Nuttall.

Nuttal added that the airline is also looking for an investor. Three candidates have been finalised in April and the government is in talks with them.

Nutall said that no Indian company had shown interest in investing in the airline.

The airline hopes to grow its current fleet of 21 to 22 next month, with plans to obtain another three aircraft within the next three months.

Source: ANI

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