Easter attack jolts shipping sector with 10-15% drop

The shipping sector is witnessing a 10 to 15% drop in business due to the Easter Sunday attacks, General Manager Ship Repairs, Colombo Dockyard, Bennie Fernando said. Speaking at a special felicitation event for their agents and the shipping sector at Marino Hotel, Colombo 3, he said that this is however less than the impact seen in the tourism sector.

&We have lost business running to a couple of millions of dollars since ships are not keen to call over for repairs to Colombo Port and also place new orders due to the current security concerns&. Similar to the Travel sector, Fernando also said that shipping industry too is affected by the adverse travel advisories, especially from European countries as some of them were the main buyers. &Though some EU travel advisories are toned down, we are yet to see a positive move from The Netherland which is one of their largest buyers.

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BOI signs USD 4.5 mn villa project with US investors

Sundara (Pvt) Ltd from USA, inked an agreement with Board of Investment (BOI) to build &The Plantation Koggala& a luxury hotel project in Koggala on Friday. This is the first foreign party agreement to be signed after the Easter Sunday blasts, stamping investor confidence towards Sri Lanka. Dale Rennie and Sabrina Van Cleef Ault signed the agreement to build ‘The Plantation Luxury Villas& in Koggala, a luxury resort project valued at over USD 4.5 million (approximately Rs 792 million).

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5 Mn saplings planted in Mahaweli under the National &Ruk Ropana& Program

A program for planting five million saplings in the Mahaweli region under the National &Ruk Ropana &program will be initiated.As the minister of Mahaweli Development and Environment, under the guidance of President Maithripala Sirisena this programs is being initiated and its objective is to help the program implemented to increase the forest density of the country.

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I am committed to bring in economic and social prosperity to the people & President

President Maithripala Sirisena says that he was devoted towards bring up economical and societal prosperity to the public eradicating poverty.

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Showery and windy conditions due to south-west monsoon

South-west monsoon conditions are gradually establishing over the island. Therefore, showery and windy conditions are expected to enhance over the Island (particularly in the South-western part) from tonight. Showers will occur at times in Western, Southern, Central, Sabaragamuwa and North-western provinces and in Mannar district. Showers or thundershowers will occur at several places elsewhere particularly after 2.00pm. Heavy falls between 100-150 mm can be expected at some places in Sabaragamuwa, Central, Western and North-western provinces and in Galle and Matara districts. Fairly heavy falls about 75 mm can be expected at some places in Eastern and Uva Provinces. Fairly strong gusty winds up to 40-50 kmph are also likely over the country, particularly around the central hilly areas. There may be temporary localized strong winds during thundershowers. General public is kindly requested to take adequate precautions to minimize damages caused by lightning activity.

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President emphasized that he will not allow bringing any foreign forces into the country under any condition

President Maithripala Sirisena emphasized that he will not take any step to bring foreign forces into the country at any moment under any circumstance until he hold the office of President and further said that he will not allow any room in this regard.

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