Business and Economics
Imagination lands on as airline keeps kids entertained during lockdown

Leisure travel is suspended and schools are out, but imagination has landed on The family-friendly airline has launched a special activity page on its website to keep kids entertained during the lockdown and over the summer holidays.

The Emirates Fly With me Animals have now been digitised so families can take advantage of colourful puzzles, stories and activities featuring friendly, familiar faces – all from the comfort of their own homes. Decades of making air travel fun for little passengers has given the world’s largest international airline a wealth of experience in keeping children happy and occupied.

Parents and kids can download and print out a 16-page Fly with Me Animals colouring book to get re-acquainted with Lewis the Lion, Peek U the Panda, Ernie the Penguin, Savannah the Elephant, Brett the Bear, Mia the Manta Ray and ChaoChao the alligator.

Special award to SLT at Print Awards

SLT Rainbow Pages, the national Business Directory was rewarded for being one of the largest contributors to the Printing industry in Sri Lanka and for printing and publishing the Single largest book for the last 15 years.

SLT Rainbow Pages had a humble beginning in 2002 to comply with license conditions stipulated according to the Telecom Act. By starting the printing process locally, it not only created opportunities for local businesses, but also generated substantial employment and detained valuable financial resources within the island that would have otherwise been drained out of the country.

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People’s Bank slashes interest rates to uplift entrepreneurs

In keeping with the government's guidelines to uplift local entrepreneurs, and with the aim of uplifting businesses that are struggling as a result of the COVID-19 pandemic, People's Bank has embraced the responsibility of a state bank and taken steps to immediately reduce the interest rates of industries that contribute directly to the local economy. These industries include agriculture, animal husbandry, related industries, other crops and fisheries fields as well as manufacturing, tourist hotels, exports, development and microfinance and cooperative divisions.

Accordingly, in terms of agriculture, animal husbandry, related industries, other crops and fisheries fields, the 13% interest rate applicable for loans of up to Rs.1 million (up to 3 years) has reduced to 9.50% and if more than 3 years to 9.75%, while the current 14% interest rate for loans over Rs.1 million has reduced to 13.50%. In the manufacturing industry, the 13.50% interest applicable to loans of up to Rs. 1 million (up to 3 years) has dropped to 9.50% while the interest rate for loans above 3 years has dropped to 9.75%.

In the Hotels and Tourism industry, the 14.5% interest rate applicable for loans of up to Rs.1 million has reduced to 9.50% (up to 3 years) and 9.75% (more than 3 years) whereas the 16.75% interest rate applicable for loans of more than Rs.1 million has reduced to 14.50% (up to 3 years) and 16.25% (more than 3 years).

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