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Senior and highly respected business leader Chandra Schaffter yesterday spoke his heart out about his youngest son Dinesh and his untimely death on 15 December. Here is the full text of Chandra’s statement first since the death of Dinesh, a young investor, entrepreneur and philanthropist, exclusively in the Daily FT
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Eyeing to welcome 250,000 Indian tourists this year, Sri Lanka is exploring the possibility of adopting India’s home-grown cross-border digital payment systems as part of the country’s strategy to lure in more Indian tourists by enabling a cashless travel experience.
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The Central Bank has kicked off an asset quality review of the country’s banking sector to identify possible stresses in different pockets of banks’ balance sheets as they provided enormously on possible bad loans and other financial asset losses in 2022 with the final stretch of moratoria expiring early this year.
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The visiting Foreign Ministers and other dignitaries who were invited to participate in the celebration of the 75th Anniversary of Independence of Sri Lanka called on Foreign Minister Ali Sabry at the Foreign Ministry in Colombo on Friday (3) and Saturaday (4), the Foreign Affairs Ministry said.
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In response to the Mirror Business story published on February 4, the New Zealand High Commission in Colombo clarified that no travel advisory has been issued advising Kiwis against traveling to Sri Lanka, and New Zealand has only advised its citizens to exercise increased caution.
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With the increase in 12.5-kg domestic LITRO gas cylinder retail prices from tonight, the decision to increase the prices of canteen food items will be taken tomorrow, All Island Canteen Owners’ Association (AICOA) Chief Asela Sampath said.
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A total of 89 containers worth about Rs.5 billion have been detained by the customs and stored in the Port’s terminals and warehouses for many years and hence it has not been possible to collect any port fee for those containers, Ports Minister Nimal Siripala de Silva said.
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President Ranil Wickremesinghe said regardless of the obstacles the anarchist political forces seek to create, he will continue the new reform program with the majority of people who love this country.
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A total of 208 Officers of the Sri Lanka Army (Regular and Volunteer Force) and a record 7,790 Other Ranks of the Army (Regular Force and Volunteer Force and Extra Regimental Employment Basis) have been promoted to their respective next rank in view of the 75th National Independence Day.
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The President’s office has refuted social media posts regarding the diplomatic event that was held at the President’s House in Kandy on February 2, where 11 newly appointed Ambassadors and 6 High Commissioners presented their credentials to the President.