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Private banks to remain closed from today

All branches of eight main private commercial banks will remain closed from today (07) due to the prevailing travel restrictions. In statements issued by the respective banks, they urged the customers to use digital, online and mobile banking solutions for their urgent, essential banking needs. The banks that will be closed are Sampath Bank, Hatton National Bank, Commercial Bank, NDB …

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Lankan govt gazettes Special Economic Zone for Colombo Port City

A Bill to provide for the establishment of the Colombo Port City (CPC) Special Economic Zone has been published in the Gazette and is slated to be presented to Parliament next month. The 76-page Bill provides for the establishment of a Commission empowered to grant registrations, licences, authorisations, and other approvals to carry on businesses and other activities in the Special …

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Emirates becomes one of the first airlines in the world to trial IATA Travel Pass

Emirates has partnered with the International Air Transport Association (IATA) to become one of the first airlines in the world to trial IATA Travel Pass – a mobile app to help passengers easily and securely manage their travel in line with any government requirements for COVID-19 testing or vaccine information. IATA Travel Pass enables Emirates passengers to create a ‘digital …

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Beware of online financial frauds and scams

The Central Bank of Sri Lanka said that, it received information regarding several types of financial frauds and scams being operated through social media, Internet-based applications and mobile payment applications. Most of these scams are conducted through web or mobile app based easy loan schemes that attract the public. During such loan application evaluation process, the fraudsters entice the public to …

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Save the date: Ancient fruit set for 2027 UN honor after KSA bid

The Ministry of Environment, Water and Agriculture aims to increase the volume of Saudi Arabia’s date exports, reaching 200,000 tons by the end of this year. (SPA) The proposed superfruit is set to provide financial and economic gain for millions of rural businesses JEDDAH: In a bid to promote the economic benefits of dates and their production, the UN Food …

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