BIZ

SriLankan clarifies on flight diversion

Published

2 years ago

May 5, 2023

editor

National carrier SriLankan Airlines has clarified on the diversion of 03 flights to Mattala Rajapaksa International Airport yesterday (04) and today (05).

In a statement, SriLankan Airlines says :

SriLankan Airlines would like to inform that UL 605 from Melbourne to Colombo was diverted to Mattala Rajapaksa International Airport yesterday (4 May 2023) due to inclement weather at Bandaranaike International Airport. The aircraft had to further remain on ground at Mattala as the operating crew of the flight had reached their flight duty time limitation according to civil aviation regulations.

There were 294 passengers, 3 infants and 15 crew members onboard UL 605. Passengers who were to disembark in Sri Lanka were provided with ground transport to Colombo and passengers travelling beyond Sri Lanka were given hotel accommodation in and around Mattala until the flight’s departure to Bandaranaike International Airport.

SriLankan Airlines regrets any inconvenience caused to passengers as a result of diverting the flight, which was a necessary measure to ensure a safe landing for the passengers and crew members onboard. The airline is currently making every effort to connect affected passengers to their final destination.

BIZ

CBSL warns on 21 companies conducting pyramid schemes

Published

15 hours ago

January 20, 2025

editor

Central Bank of Sri Lanka (CBSL) has conducted investigations and determined 21 companies as those that have engaged in pyramid schemes prohibited under Section 83 (C) of the Banking Act, No. 30 of 1988 as amended.

The companies are as follows :

press_20250120_notice_to_general_public_on_prohibited_pyramid_schemes_e Download

BIZ

Sathosa slashes brown sugar price

Published

3 days ago

January 18, 2025

editor

Lanka Sathosa, the only state owned supermarket chain in the country, has announced a price drop of brown sugar.

Accordingly, a kilo of brown sugar, which was Rs. 340, has been reduced to Rs. 300 by Rs. 40.

BIZ

SL – China currency swap agreement, renewed

Published

4 days ago

January 17, 2025

editor

The Central Bank of Sri Lanka and the People’s Bank of China, in December 2024, successfully renewed the Bilateral Currency Swap Agreement signed in 2021, for a period of another three (03) years, under the terms and conditions stipulated in the original agreement.

The CNY 10 billion (approximately USD 1.4 billion) currency swap facility reflects the financial cooperation between China and Sri Lanka.

Dr. P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, signed the agreement on behalf of the Central Bank of Sri Lanka, while Mr. Pan Gongsheng, Governor of the People’s Bank of China, signed on behalf of the People’s Bank of China.

(CBSL)