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Last Updated = Sat, Sep 22, 2018, 03:17 pm SL Time

* Sri Lanka nationwide inflation declines to 2.5 percent in August 2018

Sept 22 (CP) Colombo- Sri Lanka's nationwide inflation in August 2018 determined under the National Consumer Price Index (NCPI) declined to 2.5 percent from 3.4 percent recorded in July 2018 on a year-on-year basis, the Department of Census and Statistics reported Friday.
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* National Chamber full day seminar on ‘Labour Laws and Employment’

Sept 22 (Island) A very informative and comprehensive full day seminar on "Labour Laws and Employment " organized by the National Chamber of Commerce in collaboration with the Department of Labour will be held on September 27
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* Sri Lanka’s iconic Galle Face Hotel appoints Robert C. Hauck as General Manager and Area Vice President

Sept 22 (ITCM) The legendary Galle Face Hotel that originally opened in 1864 has appointed Robert C. Hauck as the new General Manager and Area Vice President as it seeks to re-establish its position as Asia’s most historic hotel.
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* Registration for awareness sessions regarding implementation of trade policy and proposed Free Trade Agreements

Sept 21 (CP) Colombo- Ministry of Development Strategies and International Trade has been conducting awareness programs on proposed Free Trade Agreements and trade policy since 2017.
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* Sri Lanka shares hit over 30-month closing low on rupee woes

Sept 21 (Reuters) COLOMBO- Sri Lankan shares dropped to their lowest close in more than 30 months on Friday as foreign investors sold banking stocks, while a weaker rupee dented investor sentiment as well.
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* Enterprise Sri Lanka loans top Rs.49bn

Sept 21 (DM) The Enterprise Sri Lanka subsidized loan scheme has already loaned over Rs.49.1 billion to individuals and institutions, Finance and Mass Media Ministry said yesterday. The Enterprise Sri Lanka subsidized loan scheme was introduced this June to create 100, 000 new entrepreneurs.
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* India and Sri Lanka Trade Groups Sign Cooperation Agreement

Sept 21 (Scoop) The 'Colombo Forum' was signed on 20 September between the New Zealand India Trade Alliance (NZITA) and the New Zealand Sri Lanka Business Council (NZSLBC). The agreement is aimed at increasing trade between the two countries and New Zealand.
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* Free unlimited medical consultations now on Sri Lanka's meditech app oDoc

Sept 22 (CP) Colombo- Patients in Sri Lanka can now cut down medical expenses in addition to time spent in queues, germ filled waiting rooms and stressful trips to the doctor by subscribing to free unlimited medical consultations for the entire family on oDoc for Rs. 499 a month.
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* Importers say vehicle prices will go up

Sept 22 (DN) Prices of vehicles would be increased by at least Rs. 250,000 as an impact of the depreciation of Sri Lankan rupee against the US Dollar, the Vehicle Importers Association Lanka (VIAL) President Indika Sampath Merenchige said.
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* Central Bank releases 'Sri Lanka Socio-Economic Data - 2018' publication

Sept 21, Colombo: The Central Bank announced that its annually published "Sri Lanka Socio-Economic Data - 2018"data folder is now available for public information. The current data folder is the 41st volume of the series.
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* Sri Lankan rupee pulls back from record low after cenbank intervention

Sept 21 (Reuters) COLOMBO- The Sri Lankan rupee hit a record low for an eighth straight session on Friday, but closed the session firmer following intervention by the central bank, market sources said.
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* Remittances to Sri Lanka saturating, other inflows need leveraging to cover shortfall: economist

Sept 21 (Island) Numbers show that Sri Lanka's worker remittances are saturating, therefore, other sources of inflows need to be leveraged, to cover the shortfall and strengthen the position of the country's current account of the balance of payments (BOP), Shiran Fernando,
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* ‘Sri Lanka needs more PPP projects’

Sept 21 (DN) Sri Lanka needs more Private Public Partnership Projects for the country, said Udaya Seneviratne Secretary to the President of Sri Lanka.
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