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Huge bank loans granted to apparel factories

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According to the annual report of the Central Bank of Sri Lanka, loans granted by commercial banks in the country to the apparel industry by the end of 2022 stands at Rs. 293,800 million.

However, several leading apparel manufacturers have already exited the country and many others are on the verge of closure due to the crippling debt burden.

According to media reports, nearly 50,000 persons in the industry lost their jobs after the apparel export income collapsed in the first quarter of 2023.

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MFA Consular Division to be relocated to “Suhurupaya”

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The Ministry of Foreign Affairs states that their Consular Affairs Division will be relocated to the new premises at the 16th floor of “Suhurupaya”, Sri Subhuthipura Road, Battaramulla with effect from May 02, 2024. 

All consular services will be provided to the public at the new office premises during regular office hours from Monday to Friday, 8.30 am to 4.15 pm, an MFA media release notes.

It further adds :

Document authentication services provided by the Consular Affairs Division in Colombo will be temporarily suspended for the public on 29 and 30 April 2024 in order to facilitate the transition of the Electronic Document Authentication System (e-DAS) to the new premises at Suhurupaya.

However, during the said transition period, the Regional Consular Offices in Jaffna, Trincomalee, Kurunegala, Kandy and Matara will remain open to the public during regular office hours. Applications for document authentication can be submitted to the Regional Offices as usual and the authenticated documents will be delivered to the applicants only on Thursday, 02 May 2024.

The public is also hereby advised to submit any urgent application for authentication to the Consular Division in Colombo, or any Regional Consular Offices by 4.15 pm on 26 April 2024, with a view to avoiding any inconvenience.

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Sri Lanka Railways GM passes away

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Sri Lanka Railways General Manager H. M. K. W. Bandara passed away today (23) due to a sudden illness.

He  was appointed as the railways chief in November 2023.

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CPC Vice Minister Sun Haiyan to visit Sri Lanka

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Vice Minister of the International Department of the Chinese Communist Party, Sun Haiyan, is set to arrive in Sri Lanka today for a two-day official visit, as reported by The Thinakaran Newspaper.

During her visit, Sun Haiyan is scheduled to engage in discussions with high-ranking government officials, including President Ranil Wickremesinghe and Prime Minister Dinesh Gunawardena.

The discussions are anticipated to cover various bilateral matters of mutual interest between China and Sri Lanka.

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