India's highest-paid athletes: Top 10 salaries
India's highest-paid athletes: Top 10 salaries
Russian spy group arrested in Poland - officials
Radio station RMF FM reported that Polish security services had broken up a spy network working for Russia.
Sri Lanka rupee appreciation brings good and bad results
Sri Lanka’s rupee is set to decline and lose almost a fourth of its value against the dollar by end-2023, according to. Bloomberg report.
U.S. panel recommends extending grace period for H1-B workers to 180 days
A presidential advisory sub-committee has recommended the federal government to extend the grace period for H1-B workers, who have lost their jobs, from the existing 60 days to 180 days so that the workers have enough opportunities to find a new job or other alternatives.
Professionals Trade Union Collective to call off strike 8am tomorrow
The Professionals Trade Union Collective has decided to call off the 24-hour general strike at 8.00 am tomorrow.
China’s Sinopec to fully finance the Hambantota refinery construction
China’s Sinopec has offered to fully finance the construction of a refinery in Hambantota, the President’s Media Division said.
India expedites the 4000 housing project for Sri Lanka plantation workers.
India and Sri Lanka has agreed to expedite the completion of the housing project for the benefit of workers living in plantation areas.
High Commissioner of India Gopal Baglay and Minister of Water Supply and Estate Infrastructure Development, . Jeevan Thondaman exchanged diplomatic notes, paving way for a three-fold increase in unit cost of a house under Phase-3 of Indian Housing Project (IHP).
Sri Lanka foreign worker remittances record US$800 million in two months this year
Sri Lanka is targeting US$1 billion monthly foreign inflow from worker remittance by end-2023 following its achievement of $800 million foreign inflows with more people leaving the island nation for offshore jobs and due to a sending money by expatriates via formal channels, Foreign Employment and Labour Minister Manusha Nanayakkara said.
Sri Lanka Banks lift overseas spending limits imposed on credit cards
Several credit card issuers have lifted the limits that hitherto had on overseas use, as they saw their foreign currency conditions improving substantially in the recent times, providing them a lot more room to allow their cardholders with higher spending thresholds when they travel overseas.
DR Congo’s Nyamulagira volcano shows signs of eruption
Local authorities in North Kivu, DR Congo including the Goma Volcanological Observatory (OVG), say that current seismic data indicates a movement of magma at shallow depths towards the central crater of Nyamulagira” volcano.
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Exam. Dept. to recruit graduates for govt. service after examinations
The Examination Department has planned to conduct examinations to recruit graduates for Government Service as teachers, the Education Ministry said.
Prime lending rate falls sharply
The prime rate fell sharply, despite the Central Bank half-heartedly raising the key policy rates by 100 basis points, reflecting that the most recent policy move is entirely symbolic and has no real impact on the markets.
Shipping industry seeks presidential intervention on regulation changes
While seeking presidential intervention, the Sri Lanka Shippers’ Council (SLSC) warned that the recent decision by Ports, Shipping and Aviation Minister Nimal Siripala De Silva to remove the regulations on freight charges is likely to hurt the competitiveness of Sri Lanka’s exports and result in higher import costs, fuelling inflation.
Banks lift overseas spending limits imposed on credit cards as dollar liquidity improves
Several credit card issuers have lifted the limits that hitherto had on overseas use, as they saw their foreign currency conditions improving substantially in the recent times, providing them a lot more room to allow their cardholders with higher spending thresholds when they travel overseas.