Controlling non-essential imports key to sound forex management

  According to CBSL data, Sri Lanka’s imports rose to $ 1,710 million in July 2021, a 17-month high, despite the severe import restrictions. In spite of this, to spur economic revival and for business to play a constructive role in the country’s economic growth, the Central Bank of Sri Lanka removed the cash margins imposed on the importation of non-essential items with immediate effect.  CB Governor Ajith Nivard Cabraal speaking at the launch of the six-month Road Map for Ensuring Macroeconomic and Financial System…

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Cameron Norrie beats Grigor Dimitrov in straight sets to reach Indian Wells final | Tennis News

Cameron Norrie will replace Dan Evans as British No 1 on Monday and has a chance to become just the second British man to win a 1000 level event when he faces either Nikoloz Basilashvili or Taylor Fritz in Sunday’s final Last Updated: 17/10/21 12:05am Cameron Norrie knocked out Grigor Dimitrov to reach the Indian Wells final (AP) Cameron Norrie’s sensational year has another first after a brilliant 6-2 6-4 victory over Grigor Dimitrov took the Brit into his first Masters-level final at the BNP Paribas Open Indian Wells. The…

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Bolton Wanderers vs Wigan: Five arrested after trouble at University of Bolton Stadium | Football News

Five arrests have been made after Saturday’s League One clash between local rivals Bolton Wanderers and Wigan Athletic. Wigan maintained their positive start to the League One season with a wide-margin victory, but the home club issued a statement on Saturday evening after a series of incidents in a bumper crowd of nearly 21,000. Both clubs issued statements promising to deal with any troublemakers and Greater Manchester Police confirmed later on Saturday that arrests had been made for public disorder offences and assault of a police officer. Chief Superintendent Colette…

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Inter-provincial travel restrictions extended to Oct 21

Inter-provincial travel restrictions have been extended to October 21, the Presidential Media Division (PMD) said issuing a press release yesterday. The PMD added that President Gotabaya Rajapaksa had instructed the security forces to strictly enforce the inter-province travel restrictions during the weekend. The decision was taken at the COVID-19 Prevention Committee meeting held Friday (15) morning. Thank you more

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Steve Robinson, the Newcastle heavyweight prospect, KOs Reece Barlow in one round | Boxing News

Steve Robinson flattened Reece Barlow in the first round of their heavyweight fight on Saturday in Newcastle. The local prospect made the crowd roar with delight from the moment he made his ring-walk to ‘The Lion King’ theme music to his post-KO celebration. Robinson came out from the first bell swinging enormous hooks which were whistling precariously close to Barlow’s head. Image: Robinson made a colourful impresison The heavyweight nicknamed ‘USSR’ due to his likeness to Rocky character Ivan Drago, who is also covered in Disney tattoos, was forced to…

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Tamil Nadu chief minister writes to PM Modi on fishermen arrested by SL navy

Tamil Nadu Chief Minister M.K. Stalin wrote to Prime Minister Narendra Modi on Friday urging his intervention to secure the release of 23 Indian fishermen from the state who were arrested by the Sri Lankan Navy and kept in custody in the island nation. The fishermen who sailed into the high seas from Nagapattinam fishing harbour on October 13, were apprehended by the Sri Lankan Navy, when they were fishing in the “traditional fishing area” near Point Pedro. They were eventually taken to Karainagar naval base. In his letter, Mr.…

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Chris Eubank Jr breaks down Wanik Awdijan and forces him to withdraw after five rounds of middleweight battle | Boxing News

Chris Eubank Jr beat up Wanik Awdijan, forcing him to pull out after five rounds on Saturday night in Newcastle and say that his ribs were broken by body punches. Eubank Jr had been punishing his rival with thudding punches when Awdijan failed to emerge for the sixth round. Victory tees Eubank Jr up for the major fight he has been targeting in December en route to a world championship opportunity. His shorts and ring-walk robe were adorned by the name of Sebastian, his brother who died in July. Eubank…

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Controlling non-essential imports key to sound forex management

  According to CBSL data, Sri Lanka’s imports rose to $ 1,710 million in July 2021, a 17-month high, despite the severe import restrictions. In spite of this, to spur economic revival and for business to play a constructive role in the country’s economic growth, the Central Bank of Sri Lanka removed the cash margins imposed on the importation of non-essential items with immediate effect.  CB Governor Ajith Nivard Cabraal speaking at the launch of the six-month Road Map for Ensuring Macroeconomic and Financial System…

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Bolton Wanderers vs Wigan: Trouble at University of Bolton Stadium being investigated | Football News

Bolton Wanderers have launched an investigation after crowd trouble during their 4-0 home defeat by local rivals Wigan Athletic. Wigan maintained their positive start to the League One season with a wide-margin victory, but the home club issued a statement on Saturday evening after a series of incidents in a bumper crowd of nearly 21,000. Their statement read: “Bolton Wanderers are investigating a number of incidents of crowd disorder at Saturday’s game against Wigan Athletic at the University of Bolton Stadium. “A number of spectators from both clubs were ejected…

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Indian Wells: Stefanos Tsitsipas and Alexander Zverev suffer shock quarter-final defeats

Taylor Fritz (left) upset Alexander Zverev after Nikoloz Basilashvili beat Stefanos Tsitsipas Stefanos Tsitsipas and Alexander Zverev have been knocked out of the Indian Wells Masters after both lost their quarter-final matches in California. Greek world number three Tsitsipas lost 6-4 2-6 6-4 to unseeded Georgian Nikoloz Basilashvili. German Olympic champion Zverev failed to convert two match points in a surprise 4-6 6-3 7-6 (7-3) defeat by American Taylor Fritz. Basilashvili will meet Fritz on Saturday for a place in the final. It is the first time either player has…

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Hughie Fury to fight Christian Hammer in a heavyweight battle – watch a live stream here | Boxing News

Please use Chrome browser for a more accessible video player First Fight Freeview LIVE! Hughie Fury is in a bad-tempered heavyweight battle in the first fight of Sky Sports Boxing and BOXXER’s show in Newcastle – watch a live stream here at 7.30pm. Hughie, the cousin of WBC champion Tyson Fury, will take on the rugged veteran Christian Hammer. Hughie’s father and trainer Peter Fury said: “They are in the fight business. They are brought up street-fighting. It’s a no-surrender business, it’s not play. “He’ll fight until every last drop…

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Another sucker punch

Saturday 16th October, 2021 Hardly a day passes without huge increases in commodity prices being reported. Prices are rising so rapidly without any discernible increase in economic activity that one wonders whether the country is being tipped into stagflation. The government is behaving like an inebriated lifeguard who watches a drowning man flailing, instead of throwing a lifeline. Powerful businesses are having a field day, jacking up as they do prices according to their whims and fancies. Businessmen determine the prices of their products and services, and announce them at…

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Millwall 0 – 2 Luton

Harry Cornick grabbed both goals as Luton claimed a 2-0 victory at Millwall that allowed them to leapfrog their mid-table opponents in the Championship table. The Hatters were clinical in attack while keeping their hosts at arm’s length for the most part as the Lions’ seven-match unbeaten run came to an end. Millwall saw a late chance to force a rousing finale pass them by when Jed Wallace’s penalty was saved by Luton goalkeeper Simon Sluga. Image: Harry Cornick celebrates scoring for Luton His heroics, coupled with Cornick’s double, allowed…

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