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The Colombo Stock Exchange (CSE) has not recorded
a net foreign outflow and its performance is not as bad as many
regional Stock Exchanges, CEO, CSE, Rajeeva Bandaranaike said.
Despite a tough global environment the CSE has performed well unlike
other markets in the region such as the Chinese,
Disclosing source on remittances over Rs. 200,000:
The Central Bank of Sri Lanka (CBSL) has not issued any
gazette notification to disclose the source on remittances of over Rs
200,000 in banks, as per a newspaper report last week, CBSL’s Finance
Intelligence Unit, Director H. Amaratunga said. “Sri Lanka needs foreign
exchange in its forward march and we should encourage the inflow of
foreign remittances to the country,”
Sri Lanka Tourism will attract around 2.2
million visitors this year with improved room and staff facilities
said Director General, Sri Lanka Tourism Development Authority (SLTDA),
Malraj Kiriella at the launch of Sancharaka Udawa 2016 last week. He
said a program has been launched with the private sector to improve
the skills of leisure sector employees.
The surge in the number of foreign architects,
consultants and contractors in Sri Lanka is a major challenge the
construction sector has to grapple with in providing employment to
local craftsmen, Sri Lanka Institute of Architects (SLIA) Immediate
Past President Chitra Weddikkara said. She said this does not mean
that the architectural fraternity does not want foreign construction
craftsmen but the fact is. |
