SRI LANKA NEWS(JANUARY 2021)Compiled by Victor Melder. The Central Bank had printed a record Rs. 650 billion in 2020 to help manage with the country’s monetary and fiscal challenges. As per Bank data, as at 31 December 2020, the face value of CBSL holding Government securities amounted to Rs. 725.19 billion whilst at the beginning of 2020 it was Rs. 74.7 billion. In contrast, the net figure of money printed in 2019 was Rs. 4 billion. The Central Bank also began the New Year by printing Rs. 13.2 billion as per its data. Today the Central Bank will unveil its key strategy document Roadmap for 2021 and beyond. (Daily Financial Times, 4.1.2021) Four persons, aged 82, 47, 84 and 65 died from COVID triggered pneumonia and other complications on Tuesday, the Government Information Department said. The deceased are residents of Colombo 13, Wellampitiya, Hanwella and Matale. The four deaths increase the death ...
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SRI LANKA NEWS (MARCH 2020) – Compiled by Victor Melder. Sri Lanka’s national carrier SriLankan Airlines is expected to lose 130 million US dollars (about 26 billion rupees) in the year to March 2020, officials said, taking total losses under full state ownership and management to 232 billion rupees. The airline would also need a 300 million dollar capital injection to reduce a spiral of debt, officials said. “We estimate that by this March we will lose about 130 million US dollars,” newly appointed SriLankan Airlines Chairman Ashok Pathirage told the parliament’s Committee on Public Enterprises. The Easter Sunday bombings had hurt the airline and it the ongoing Coronavirus epidemic was also negative with flight to China being cut. However in 2021, the Airline was expecting to cut losses to about 30 million dollars, he said. The Airlines started to lose money under state management, from 2008. ...
Apr 2, 2020
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Click here or on the image below to read this week’s elanka Newsletter Farewell Dinner to ever popular Hon. Lal Wickrematunge Please enjoy and share “UNITED, WE STAND, DIVIDED, WE FALL” – By Des Kelly Watch Pakistan vs Sri Lanka 2019 – T20 Cricket Highlights Watch Australia vs Sri Lanka Womens Cricket ODI Series 2019 HALGOLLA PLANTATION HOME – the unique sri lankan experience – October 2019 SARALANGA 2019 – 28 Years of Creativity Arith Cooray Making a Round Trip of Australia on a Push Bicycle – By Jayantha Weerasekera Health & Views – October 2019 1st issue – By Harold Gunatillake SRI LANKA NEWS (SEPTEMBER 2019) – Compiled by Victor Melder. Click below for events ...
Oct 28, 2019
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Click here or on the image below to read this week’s elanka Newsletter Sri Lanka MICE Road Show in Sydney – Australia “REMEMBER WHEN”? – By Des Kelly Watch Cricket Highlights – T20 Sri Lanka vs New Zealand – All three T20 matches – September 2019 Photos from the 5th Anniversary Celebration – OFF THE BEATEN TRACK – CDF Patient Transport Annual Ball 2019 Incredible images reveal the first EVER bat used by Australian cricket legend Don Bradman as Google digitally restores a treasure trove of memorabilia SRI LANKA NEWS – (AUGUST 2019) – Compiled by Victor Melder Neville Weereratne: the Artist and his Distant Homeland – by Tony Donaldson Let’s Talk about Mental Health Today – by Dr. Harold Gunatillake Servant Leadership – New wine in Old Wine-skin – By Oscar E.V. Fernando Click below for events ...
Sep 8, 2019
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Tagged Servant Leadership, SRI LANKA NEWS, Tony Donaldson
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