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SriLankan CEO forecasts USD 50 mn. profit in 2024 (Video)

Published

4 months ago

on

June 7, 2023

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editor

SriLankan Airlines is expecting passenger traffic to surpass pre-pandemic levels by year-end during its peak travel period, thanks to a boom in tourism.

In an interview with Channel News Asia (CNA), Nuttall said that he expected a ‘stronger outlook’ for next year, with matters gradually returning to normalcy in terms of the country’s economy and its tourist arrivals.

“Assuming that the world stays the same for the year ahead, which we expect, and the Sri Lankan economy is rebounding, tourism is coming back, we’re forecasting perhaps a 50 million profit next year”, he said in this regard.

Related Topics:lka SriLanka

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Colombo International Book Fair 2023 kicks off

Published

1 day ago

on

September 22, 2023

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editor

Sri Lanka’s largest book exhibition, ‘Colombo International Book Fair’, commenced today (22) at the Bandaranaike Memorial International Conference Hall (BMICH).

The book fair organised by the Sri Lanka Book Publishers’ Association will be held until October 1 from 9.00 am – 9.00 pm.

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BIZ

Import tax on powdered milk increased

Published

1 day ago

on

September 22, 2023

By

editor

Port and Airport Levy (PAL) on imported milk powder has been increased by 10%, says Trade Minister Nalin Fernando.

The tax increase comes into effect today (Sept. 22).

However, the prices of powdered milk in the local market will not be increased following the PAL hike, the Minister has assured.

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Price of chicken reduced from midnight today

Published

2 days ago

on

September 21, 2023

By

editor

Local poultry producers have agreed to reduce the price of chicken by Rs. 100 per kilogram, with effect from midnight today (Sep. 21).

The agreement was reached following a discussion with the Minister of Trade, Commerce and Food Security, Nalin Fernando, this afternoon.

Accordingly, a kilogram of chicken will now be sold at Rs. 1,150.

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