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Sri Lanka’s economic growth positive at 3.2% in Q1 2018

Sri Lanka’s economy grew at a positive rate of 3.2 percent during the first quarter of this year, the Census and Statistics Department said on Monday releasing the GDP Summary Indicators for the 1st Quarter 2018. According to a Department statement, the total economic output of Sri Lanka as measured …

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Cost of aircraft lease agreements much higher than market price

The cost of aircraft lease agreements, signed by SriLankan Airlines in recent times, was 30-40% higher than the current market price, President of the Airline Pilots’ Guild of Sri Lanka (APGSL) Ranjith Vithanage told the Presidential Commission of Inquiry (PCoI) on irregularities at SriLankan Airlines, SriLankan Catering and Mihin Lanka …

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