Sri Lanka reported 34 covid 19 related deaths yesterday
Another 34 corona deaths are reported by the Director-General of Health Services. At the same time, the total number of corona deaths in the country has risen to 3191.
Current Economic Crisis in Sri Lanka – Rupee depreciates further after the recent statement made by the Governor of the Central Bank- Dr.W. A . Wijewardene
What the Central Bank should do is not hide the truth but provide accurate information at a time like that Sri Lanka is facing the biggest exchange rate crisis, Former Deputy Governor of the Central Bank of Sri Lanka and Senior Economist Dr.W. A .Wijewardene emphasizes. Normally, the rupee does not depreciate after the announcement of a Governor of the Central Bank, but the rupee depreciates further after the recent statement made by the Governor of the Central Bank, he said. Therefore, a central bank must be truthful and not hide market information, and then the unnecessary fear in the market will disappear, Mr. Wijewardene said. He also said that given the current situation, it could be assumed that the rupee would depreciate further. He said these while joining an interview with a youtube channel.
Current economic crisis in Sri Lanka – Government is going to stop importing mobile phones
The government is now focusing on restricting the importation of a number of non-essential and luxury goods. A number of items such as mobile phones, televisions, refrigerators, electrical appliances as well as perfumes and cosmetics have been suspended. The focus is on keeping the exchange rate in the country until the country’s foreign exchange reserves strengthen and giving more opportunities to local producers. . Government sources also say that the limits will be relaxed once the reserves are strengthened.
Several orther areas isolated with immediate effects from today morning
Measures have been taken to isolate several other areas immediate effects from 06.00 am today. These measures have been taken to control the spread of corona infections. Isolated areas are as follows.
Kumar Sangakkara tells foreign media that he is very disappointed about the Sri Lanka Cricket.
Kumar Sangakkara, the former captain of the Sri Lankan cricket team, says that the way the players of the Sri Lankan cricket team behave on and off the field is very disappointing. He further said that the main reason for the decline of cricket in Sri Lanka was the weak situation in the local cricket tournament. He added that if Sri Lanka wants to emerge as a successful team in the world, the way international players are created in local competitions must change. He said this while participating in a televised discussion for Sky TV in England after the first ODI between Sri Lanka and England.
Sri Lanka Reported another 37 covid 19 related deaths yesterday
Another 37 corona-infected deaths have been reported by the Government Information Department. At the same time the number of deaths related to corona infection reported from Sri Lanka has increased to 3157.
The fall of cricket in Sri Lanka happened because of Kumar Sangakkara and Mahela Jayawardene- Arjuna Ranatunga
Former Sri Lanka captain Arjuna Ranatunga says that the fall of cricket in Sri Lanka was due to Kumar Sangakkara and Mahela Jayawardene. He also says that cricket has collapsed due to Mahela Sangakkara not forming a second tier during his tenure and points out that they did not play for the country but only for their records. He also says that the present Minister of Sports, Namal Rajapaksa, has also failed when it comes to uplifting Sri Lankas cricket. He made these comments in an interview with a youtube channel.
Online retail company sues for illegally selling NMRA unapproved hand sanitisers
According to the Extraordinary Gazette Notification No. 2216/33 issued on 25th February 2021, manufacturers of hand sanitisers should register with the National Drug Regulatory Authority (NMRA) and mention that registration number on the sanitiser package. In contrast, the manufacture, import, distribution, sale and display of sanitisers are prohibited in Sri Lanka. However, one of the leading online retailers in Sri Lanka has sold NMRA-unapproved sanitisers.. The Puttalam Consumer Affairs Authority has raided the company and is taking legal action against the company and a case is to be filed in the Chilaw Magistrate’s Court. The Puttalam Consumer Affairs Authority further stated that raids carried out throughout the district regarding sanitizers that are against such standards.
Sri Lanka’s banking system is at great risk- Fitch rating
Fitch Ratings cites Sri Lanka’s banking system as a source of concern. Their latest report states that this is due to the large number of securities issued by the government in foreign exchange and the weakening of capital. The report states that, one-third of the assets of the Sri Lankan banking system will be open to the government, and that the foreign exchange market will be opened up through the acquisition of government securities by local banks by the end of 2020.
Sri Lanka reported another 43 covid 19 related deaths yesterday
Another 43 corona-infected deaths have been reported by the Government Information Department. At the same time the number of corona infected deaths reported from Sri Lanka has risen to 3120.