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SriLankan Airlines to renew commercial operations to China

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SriLankan Airlines is set to renew its commercial operations to China in the first week of April 2023, with a thrice-weekly service each to Shanghai, Beijing and Guangzhou as China reopens its borders, SriLankan Airlines announced on Thursday.

China was a leading source market for inbound tourism to Sri Lanka and one of SriLankan’s premier leisure traveller segments before the pandemic. SriLankan Airlines is positioning for a strong comeback in China upon its return, it said.

SriLankan will launch passenger flights to Shanghai on April 03, 2023. Accordingly, flights will depart from Colombo to Shanghai every Monday, Thursday and Friday, and return from Shanghai to Colombo every Tuesday, Friday and Saturday, respectively.

Flights from Colombo to Beijing will also commence on April 03, 2023, and are scheduled to depart for Beijing on Monday, Wednesday and Friday every week. The return flights to Colombo will depart on the respective subsequent days.

SriLankan Airlines is currently operating a weekly flight between Colombo and Guangzhou, and a second flight will be introduced on March 04, 2023, says the SriLankan Airlines.

Furthermore, SriLankan’s services to Guangzhou will become a thrice-weekly operation exactly a month later on 4 April 2023, with flights taking off from Colombo to Guangzhou every Tuesday, Thursday and Saturday. The return flights from Guangzhou to Colombo will depart every Wednesday, Friday and Sunday.

With Chinese travellers eager to make up for the lost time in globetrotting, SriLankan will be working closely with the local travel trade to reignite enthusiasm for Sri Lanka as a leisure destination in China. In addition to specifically curated holiday packages and deals, SriLankan offers Chinese customers the convenience of paying via Alipay and WeChat Pay.

For more details and bookings you can visit www.srilankan.com, the official website of SriLankan Airlines.

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Prof. Hareendra Dissabandara returns as SEC Chairman

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Senior Professor Hareendra Dissabandara has been appointed as the new Chairman of the Securities and Exchange Commission of Sri Lanka (SEC).

He had previously served as SEC Director General from 2012-2013 as well as its Director of Financial Services Academy and Capital Market Education and Training Division from 2008-2012.

Dissabandara is a Senior Professor of Finance and Corporate Governance in the Department of Finance of the Faculty of Management Studies and Commerce at the University of Sri Jayewardenepura.

Prof. Dissabandara takes over from Faizal Salieh, who was appointed to the post by former President Ranil Wickremesinghe in 2023 February.

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Import tax on potatoes & big onions upped

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The Ministry of Finance has announced an increase in the special import tax on potatoes and big onions. 

The import tax on potatoes has risen by Rs. 10 per kilogram, from Rs. 50 to Rs. 60. Similarly, the import tax on big onions has been raised by Rs. 20 per kilogram, from Rs. 10 to Rs. 30. 

These measures have been implemented to regulate imports and support local agriculture.

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Laugfs gas prices to remain unchanged

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Laugfs Gas PLC announced that the company will not revise domestic LP gas prices for the month of October.

This was communicated by the Cluster Director/CEO of Laugfs Gas PLC, Dr. Niroshan J Peiris.

Earlier, Litro Gas had also announced that gas prices will remain unchanged during the month of October.

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