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Sri Lanka among Forbes’ top three must-visit destinations for Summer ’24

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Sri Lanka has been named among the top three must-visit destinations for summer ’24 by Forbes. The other two are Greece and Mauritius.

Travel blogger Kathleen Peddicord writing for Forbes states “With all that Sri Lanka has to offer, combined with its tourism authority’s marketing efforts and the proliferation of wellness and luxury hotels, I see Sri Lanka growing in popularity this summer and beyond”.

“It made Travel + Leisure’s list of “The 50 Best Places to Travel in 2024” and its south and central regions show up on Condé Nast Traveller’s “The 24 Best Places to Go in 2024,” she adds.

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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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