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Beer demand drops; stocks to expire soon?

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The Excise Department said that beer products produced by some liquor companies are piling up in warehouses without being able to be sold due to the decrease in alcohol sales by about 30%.

As a result, some companies involved in liquor production have been closed for two or three weeks.

Meanwhile, Excise Commissioner General Saman Jayasinghe has told the media that the Excise Department is focusing on increasing the export of locally produced liquor products as local sales have fallen.

The Commissioner also said that the annual export income of Rs.22 billion is expected to be increased to Rs.30-35 billion.

It was said that although the price of ethanol has increased rapidly in the past, the price of ethanol has come down now and that there is a surplus of ethanol in Sri Lanka.

However, the Excise Department said that due to the current economic crisis, there is less motivation to buy alcohol in a background where the prices of all goods in Sri Lanka have increased.

Therefore, the Excise Department has planned several strategies to achieve this year’s revenue target of Rs.214 billion.

Also, they pointed out that there are about 350 vacancies at the department and this lack of staff has hindered the achievement of the target revenue.

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Senior diplomat to oversee Sri Lankan embassy in Russia

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It is reported that the government has planned to send a senior officer of the foreign service to the Sri Lankan embassy in Russia until a new ambassador is appointed due to the lack of an ambassador.

Minister of State for Foreign Affairs Taraka Balasuriya has told the media that the absence of an ambassador is just a gap in the work procedure, and based on the current situation in Russia, a senior official of the Ministry of Foreign Affairs will be directed to supervise its affairs.

He emphasized that a retired foreign service senior is being sent and the lack of an ambassador is not a major problem.

The Minister further stated that there is already a senior Foreign Service officer there, and given the urgent need, a very senior Foreign Service officer is being sent not because the officer currently in Russia is inadequate.

Mr. Balasuriya has stressed that this is being done to strengthen the operation and that the work will be done according to the normal protocol.

However, even though an ambassador has been appointed to Russia, Mr. Balasuriya has made arrangements not to reveal who it is to the media.

The former Ambassador of Sri Lanka to the Russian Federation, Prof. Janitha A. Liyanage, was given three extensions, and she ended her service at the Sri Lankan Embassy in Moscow on April 29.

At present, Counsellor Ruvini K. Munidasa serves as the Chargé d’Affaires of the Embassy.

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Colombo air show and CADE 2024 exhibition postponed to next year

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The Colombo Air Show and Defence Exhibition (CADE 2024), initially set to take place from May 29 to June 2 at Galle Face and Colombo Port City, has been postponed to next year, according to the Sri Lanka Air Force (SLAF).

The SLAF stated that the decision to reschedule the event was made in response to multiple requests from international partners, defence industry stakeholders, and foreign Air Forces. This postponement aims to enhance participation and provide a more diverse experience for spectators.

The rescheduled event will now be held from February 26 to March 2, 2025, coinciding with the 74th anniversary of the Sri Lanka Air Force.

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 Gurudev Sri Sri Ravi Shankar arrives in Sri Lanka

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The Global Peace Ambassador and Spiritual Leader Gurudev Sri Sri Ravi Shankar arrived in Sri Lanka this afternoon (18) for a three-day visit. He was welcomed at Bandaranaike International Airport (BIA) in Katunayake by State Minister of Defence Premitha Bandara Tennakoon and Eastern Province Governor Senthil Thondaman.

During his stay from May 18 to 20, Gurudev Sri Sri Ravi Shankar will participate in an event titled ‘Ekamuthuva: An Evening of Music, Meditation and Wisdom,’ which will be held at Taj Samudra on May 19. Renowned for his global humanitarian efforts and as a peace envoy, Gurudev Sri Sri Ravi Shankar is also an Indian yoga guru and the founder of ‘Transcendental Meditation’.

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