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SRI LANKA NEWS (MARCH  2024) Compiled by Victor Melder The Headline inflation, as measured by the year-on-year (YoY) change in the Colombo Consumer Price Index (CCPI, 2021=100)1 decreased to 5.9% in February from 6.4% in January 2024. The Central Bank said the increase in the headline inflation is mostly in line with its projections.  It said the Food inflation (YoY) increased to 3.5% in February from 3.3% in January 2024, while the Non-Food inflation (YoY) decelerated to 7% in February from 7.9% in January 2024.  CBSL also said the monthly change of CCPI recorded -0.05% in February due to the combined effect of price decreases of 0.67% observed in the items of Food category and price increases of 0.62% observed in the items of Non-Food category. The core inflation (YoY), which reflects the underlying inflation in the economy, increased to 2.8% in February from 2.2% in January 2024.  The Central Bank ...

Mar 31, 2024 Posted by In Articles, Victor Melder Tagged , , , ,
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SRI LANKA NEWS (DECEMBER  2023) Compiled by Victor Melder Sri Lanka’s inflation, as measured by the change in the Colombo Consumers’ Price Index (CCPI) marginally increased to 3.4 percent in November 2023 from 1.5 percent in October, the Department of Census and Statistics reported Thursday. The CCPI for all items for the month of November 2023 increased to 193.4 from 191.4 in October 2023. The Year on Year inflation of Food Group increased to -3.6 percent in November 2023 from -5.2 in October 2023 and the Year on Year inflation of Non Food Group increased to 6.8 percent in November 2023 from 4.9 percent in the previous month. For the month of November 2023, on year‐to‐year basis, contribution to inflation by food commodities was -1.20 percent and the contribution of Non Food items was 4.56 percent. (Colombo Page, 1.12.2023) Pastor Jerome Fernando has been arrested by the Criminal Investigations Department ...

Jan 2, 2024 Posted by In Articles, Victor Melder Tagged , , ,
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58 වන කොළඹ බාලදක්ෂ කැම්පොරියට අගමැතිගෙන් සුබ පැතුම්! 58 වන කොළඹ බාලදක්ෂ කැම්පොරියට අග්‍රාමාත්‍ය දිනේෂ් ගුණවර්ධන මහතා සුබ පැතුම් එක කළේය. ඒ, කොළඹ කැම්පොරියේ සංවිධායක කොමසාරිස්වරුන් සහ දිස්ත්‍රික් නායකයින් පාර්ලිමේන්තුවේ අග්‍රාමාත්‍ය කාර්යාලයේදී 2023.12.07 දින අගමැතිවරයා මුණගැසුන අවස්ථාවේදීය. රටට දක්ෂ මෙන්ම විනයගරුක නායකයන්ගේ අවශ්‍යතාවය පිළිබඳව අදහස් දැක්වූ අගමැති දිනේෂ් ගුණර්වධන මහතා ස්වෙච්ඡා නිලධාරීන් මෙවැනි වැදගත් සමාජ හිතකාමී ව්‍යාපාර ඉදිරියට ගෙන යාමට දක්වන කැපවීම ඉහළින් අගය කළේය. මෙම අවස්ථාවට කොළඹ බාලදක්ෂ කොමසාරිස් අමිල් අබේසුන්දර, කඳවුරු සංවිධායක කොමසාරිස් ෂබීන් අහමඩ් සහ කොළඹ බාලදක්ෂ සංගමයේ සභාපති සරත් චන්ද්‍රසිරි විතාන යන මහත්වරු ඇතුළු නිලධාරී පිරිසක් සහභාගී වූහ. 58වන කොළඹ බාලදක්ෂ කැම්පොරිය දෙසැම්බර් 8, 9 සහ 10 යන දිනවල කොළඹ විහාර මහාදේවි උද්‍යානයේදී පැවත්වෙන අතර බාලදක්ෂයෝ මෙන්ම බාලදක්ෂ නායකයෝ දොළොස් දහසකට වැඩි පිරිසක් සම්බන්ධ වන මෙම කඳවුරේ මෙවර තේමාව ‘හදවතින් මෙන්ම මනසින් පිරිපුන් බාලදක්ෂයින්’ (Scouting with Heart and Mind) යන්නය. ...

Dec 8, 2023 Posted by In Articles Tagged , , , , ,
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New Ambassadors and High Commissioners with Foreign Minister and Foreign Secretary – Sri Lanka L to R – first Row -Mr Dharmapala ( Bangaladesh), Mr Weerasena ( Belgium and EU), Foreign Minister, Mr Dissanayale ( Singapore), Foreign Secretary, Mrs Madurika  Joseph Venninger ( Egypt) Mr Sathya Rodrigo ( Italy) Second Row – Admiral Nishantha Ulugetenna ( Cuba), Air Chief Marshal Sudarshana Pathirana ( Nepal), Admiral Ravi Wijegunaratne ( Pakistan), Mrs Shenuka Senaviratme ( India).  ...

Nov 29, 2023 Posted by In Articles Tagged , ,
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SRI LANKA NEWS (JULY  2023)  Compiled by Victor Melder. Sri Lanka›s tourism industry continues to thrive as arrivals have exceeded 600,000, showcasing the resilience and appeal of the country as a travel destination.  Despite being the off-peak season, the daily average of tourist arrivals has shown remarkable improvement, exceeding 3,200 visitors. This upward trend in tourist footfall further underscores the growing interest in Sri Lanka as a preferred destination among global travelers. During the first 26 days of the month, 84,003 visitors have arrived in the country, with only 3,518 arrivals required to achieve the monthly target of 87,521. “The surpassing of the 600,000 tourist arrival milestone signifies the resilience of Sri Lanka›s tourism sector and its ability to bounce back from the challenges faced in recent years. It is a testament to the concerted efforts made to revitalize the industry, showcasing Sri Lanka›s immense potential as a top travel ...

Aug 5, 2023 Posted by In Articles, Victor Melder Tagged , , , , , ,
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SRI LANKA NEWS – MARCH 2023 – by Victor Melder. Sri Lanka’s inflation, as measured by the change in the Colombo Consumers’ Price Index (CCPI) declined to 50.6 percent in February 2023 from 51.7 percent in January, the Department of Census and Statistics reported Tuesday. The CCPI for all items for the month of February 2023 marginally increased to 189.5 from 188.6 in January. The Year on Year inflation of Food Group decreased to 54.4 percent in February from 60.0 percent in January and the Year on Year inflation of Non Food Group increased to 48.8 percent in February 2023 from 47.9 percent in the previous month. For the month of February 2023, on year‐to‐year basis, contribution to inflation by food commodities was 17.23 percent and the contribution of Non Food items was 33.36 percent. The Department of Census and Statistics (DCS) following internationally accepted guidelines, has revised the base ...

Apr 1, 2023 Posted by In Articles, Victor Melder Tagged ,
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SRI LANKA NEWS (JANUARY 2023) Compiled – by Victor Melder. The Police Narcotics Bureau in operations conducted in 2022 along with other security forces agencies has arrested 46,258 people related to drug offenses. During the raids conducted in 2022, 1,548 kg of heroin were seized. The value of the seized heroin is over 20.9 billion rupees. Also, the police have raided around 200 places near schools where drugs, intoxicants, intoxicating toffee chocolates and other sweets were sold. Police continue to conduct these raids on information received that the school students are addicted to various types of drugs including ice (crystal methamphetamine) drugs, narcotic pills and intoxicating sweets. (Colombo Page, 2.1.2023) Sri Lanka tourism ended the year 2022 on a positive note, as the arrivals of international visitors to the country for the final month of the year crossed the 90,000 mark, while the total arrivals for the year topped 700,000.  ...

Jan 31, 2023 Posted by In Articles, Victor Melder Tagged , ,
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SRI LANKA NEWS – DECEMBER 2022 – By Victor Melder Sri Lanka owed Chinese lenders $7.4 billion – nearly a fifth of its public external debt – by the end of last year, calculations by the China Africa Research Initiative (CARI) showed, an estimate higher than many others. The figure was above the “often-quoted 10 to 15 percent figures,” the study said, adding a “significant portion” of the country’s debt to China had been recorded under lending to state-owned enterprises rather than central government. Crisis-hit Sri Lanka is in the midst of a debt restructuring after years of economic mismanagement combined with the COVID-19 pandemic saw the country plunge into the worst economic crisis since independence from Britain in 1948 and tip into default. Export-Import Bank of China (EximBank) and China Development Bank are the two largest Chinese lenders, accounting for $4.3 billion and $3 billion respectively, according to the ...

Jan 2, 2023 Posted by In Articles, Victor Melder Tagged , ,
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Sri Lanka News-updates, as on 7th Dec 2022. – By Dr Harold Gunatillake Website: www.Doctorharold.com If golden beaches, rising waves, misty mountains, mighty elephants, stealthy leopards, giant whales, a glorious past, lovely tea and warm smiles could sum up a country, that would be Sri Lanka. Why does Sri Lanka attract tourists? Travel destinations in Sri Lanka provide an array of holiday experiences, from sun-kissed beach holidays to a marathon of wildlife watching, adrenaline-pumping adventure sports and pilgrimage to some of the oldest cities in the world, and lastly, the street foods in Colombo. What attracts the tourists there? Tourists’ expectations when visiting a particular place are related to several features of the chosen destination: culture, architecture, gastronomy, infrastructure, landscape, events, shopping, etc. These features attract people to the destination and contribute to the overall experience of the trip in Sri Lanka. Traditional Sri Lankan food is Spicy! If you ...

Dec 7, 2022 Posted by In Articles, Dr harold Gunatillake Tagged , , , , , , , , , , , , , , , , , , , , ,
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