Sampath Bank Introduces Sri Lanka’s First Touchless Cash Withdrawals Across Its ATM Network Source:Bizenglish.adaderana ~ Another Pathbreaking Innovation from the Bank That Gave Sri Lanka Its First ATMs ~ ~ Customers of All Banks in Sri Lanka Can Withdraw Cash Safely During the Pandemic ~ Sampath Bank PLC announced the introduction of Touchless Cash Withdrawals at Automated Teller Machines (ATMs) for the first time in Sri Lanka, and possibly the first time in the region. State Minister of Money & Capital Markets and State Enterprise Reforms, Hon. Ajith Nivard Cabraal, M.P., was the Chief Guest at the commissioning of this service at the Sampath Bank Head Office premises. He performed the first Touchless Cash Withdrawal transaction in the presence of Harsha Amarasekera, Chairman, Sampath Bank PLC; Nanda Fernando, Managing Director, Sampath Bank PLC; Ajith Salgado, Group Chief Information Officer, Sampath Bank PLC; and Ayodhya Iddawela Perera, Senior DGM – International ...

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“A LONG INTRO., YET AMAZING” Aliya, the Sinhalese word for Elephant. Large, loving, Animals, if Looked after, I recommend this very Interesting post. You are advised to read it, to the end. Anyway, “Aliyas” are the Symbol of S.L., folks, so here’s hoping that this superb “gathering” of Elephants are treated as they they always need to be, because of “A Long Introduction,Yet Amazing”!!. Desmond Kelly. (Editor-in-Chief) e’Lanka. Sri Lanka – home to the largest Asian elephant gathering: But for how long? ‘The Gathering’ which occurs in Sri Lanka’s Minneriya National Park, is the world’s largest congregation of Asian elephants in the wild  – Image courtesy Dev Wijewardane In addition to The Gathering, Minneriya is also famous for the first record of twins in the wild among Asian elephants – Images courtesy of Rohan Wijesinha and Dr. Sumith Pilapitiya Along with the large numbers, some of the ‘rockstars’ amongst the ...

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The Path Towards Affordable Clean Cooking Technology Source:Dailynews In the Asia-Pacific region which is home to about 60 per cent of the global population, some 1.6 billion people primarily rely on open fires or simple stoves fueled by kerosene, coal, or biomass such as wood, dung and agricultural residues for their daily cooking needs, that impacts on Climatic Change and health hazards. “Burning biomass in these inefficient stoves contributes to atmospheric warming and forest depletion while inhaling the fine particulates emitted by them causes a range of serious health impacts,” says Olivia Baldy, Energy Access Consultant, at the Bangkok-based UNESCAP (United Nations Economic and Social Commission for Asia and the Pacific). ...

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Job Creation Is An Opportunity The COVID-19 Pandemic has made many jobs and job roles redundant. More and more jobs have been given over to machines, and in the future this can be expected to continue. The manufacturing process has long been automated, bookstore shelves are loaded with books that can’t be bought in brick-and-mortar stores, and libraries are being replaced by online databases. The only way for people to find their own personal success is through creating new jobs for themselves. The COVID-19 Pandemic may have created as many opportunities as it has taken away; but you need to take responsibility for your own opportunities if you want to survive the next wave of change. ...

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Rotary Club of Colombo introduces community support platform ‘Reachout’ for COVID-19 relief In a bid to provide much needed support to people and communities impacted by the escalating pandemic, The Rotary Club of Colombo has launched ‘Reachout’ – a platform envisioned as a ‘mission control’ for the Sri Lankan community response in assisting those affected by COVID-19. The volunteer-driven program hopes to provide both emergency and secondary assistance to those in need. ​The COVID-19 pandemic, now in its second year, is showing no signs of abating and many in Sri Lanka are feeling the brunt of the global healthcare crisis. Restrictions on movement have prevented thousands from being able leave their homes to make a living. While this has resulted in the more vulnerable segments of society falling further into poverty, many small business owners, employees, and families have been affected. Unfortunately, without safety nets to support hard-hit communities, there ...

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Fully vaccinated travellers exempted from 14-day quarantine-by Sheain Fernandopulle Source:Dailymirror The Health Ministry has issued a new set of quarantine measures applicable for the travellers arriving in Sri Lanka during the COVID-19 pandemic. According to the new measures, those who are arriving in Sri Lanka from overseas with full COVID vaccination are not required to undergo 14 days quarantine if their on-arrival PCR tests negative. The “Fully Vaccinated” people are regarded as when the recommended doses of the COVID-19 vaccination are completed and departs from abroad two weeks after completion of vaccination, the statement issued by the Ministry underlined. ...

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USAF Globemaster dominates the Skies-by Dishan Joseph Amelia Chromy, USAF-C-17-Globemaster III Source:Dailynews Speaking exclusively to the Daily News, Amelia Chromy, an officer attached to the Travis Air Force Base, California explained the details and capabilities of this amazing plane. The C-17 is the most flexible aircraft to enter the airlift force of the United States Air Force. It is capable of rapid strategic delivery of troops and assortments of cargo to any forward base. The induction of this flying giant has augmented the worldwide air mobility requirements of the United States Air Force. Aviation enthusiasts have been dazzled by large aircraft for decades. The heavy transporters that serve the US military enjoy their own realm of glory. The United States Air Force (USAF) has an astonishing fleet of aircraft – both planes and helicopters. In this narrative, we discover the flying giant C-17 Globemaster, which is based at the Travis ...

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Sri Lanka foreign currency debt obligations due between now and 2026 amount to about US$ 29bn Source:Island External liquidity pressures have eased somewhat in recent months Planned IMF SDR allocation would also add US$780 million to reserves Authorities have yet to specify foreign-currency debt-servicing plans for the medium term Sri Lanka’s ‘CCC’ rating reflects a challenging foreign-currency sovereign external debt repayment burden over the medium term, low foreign-exchange reserves and high and rising government debt that give rise to sustainability risks, Fitch Ratings said on Monday. External liquidity pressures have eased somewhat in recent months following bilateral loan disbursements, and our expectation of a forthcoming IMF special drawing rights (SDR) allocation. Nevertheless, Sri Lanka’s medium-term debt service challenges are substantial and pose risks to the sovereign’s debt repayment capacity, in Fitch’s view. A total of about USD 29 billion in foreign-currency debt obligations are due between now and 2026, against ...

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Sri Lanka to reopen airports for arrivals today-by Irangika Range Source:Dailynews Sri Lanka will reopen all its international airports for passenger arrivals from today following a 10-day shutdown to mitigate the spread of the COVID-19 pandemic, Tourism Minister Prasanna Ranatunga said. He said the entry of all passengers to Sri Lanka was suspended on May 21 considering the prevailing situation in the country due to COVID-19. Minister Ranatunga added that all flights and passengers arriving Sri Lanka should strictly adhere to health guidelines. Commercial flights can each bring in a maximum of 75 passengers. ...

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SRI LANKA NEWS-(MAY 2021)-Compiled by Victor Melder Sri Lanka’s outstanding public debt increased substantially to 109.7% of GDP by end-2020 from 94.3% of GDP at end-2019, the Central Bank said in its Annual Report.  This increase was mainly due to the rise in Central Government debt coupled with the contraction in the nominal GDP in 2020. Public debt, as defined by the Central Bank, includes Central Government debt, foreign project loans received by State-Owned Business Enterprises (SOBEs), and public guaranteed debt. In absolute terms, the outstanding public debt increased to Rs. 16,427.1 billion at end-2020 from Rs. 14,155.3 billion at end-2019. The outstanding Central Government debt, which is the largest component of public debt, increased to Rs. 15,117.2 billion at end-2020 from Rs. 13,031.5 billion at end-2019, accounting for 92% of the total public debt.  Public guaranteed debt increased by 26.7% to Rs. 986.4 billion at end-2020 from Rs. 778.3 billion ...

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