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Emirates boosts services to Melbourne adding second daily A380 flight

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Emirates has announced the second daily flight on its Dubai-Melbourne route, served by its flagship A380 aircraft. Starting 1 May, the airline will offer customers fourteen weekly services from Dubai to Melbourne.  The expansion of services is supported by the Victorian Government to help fast-track the return of international flights to Melbourne and bring more visitors to the state.

 The additional daily frequency between Dubai and Melbourne will grow Emirates’ seats to over 1,000 a day totalling 700,000 a year between the airline’s global Dubai hub and Victoria, with 516 seats on each flight. Travellers can choose from 14 First Class suites, 76 lie-flat seats in Business Class and 426 ergonomically designed seats in Economy Class. Tickets can be booked on emirates.com, the Emirates App, or via both online and offline travel agents.

 From 1 May, Emirates’ additional daily flight will depart Dubai daily at 10:05hrs, arriving in Melbourne at 05:30hrs the next day. From Melbourne, the flight will depart at 05:15 and arrive in Dubai at 13:10hrs. The additional flight will join the existing service which flies daily from Dubai, departing at 02:40hrs and arriving at 21:50hrs in Melbourne. From Melbourne, the flight departs at 21:15hrs and is scheduled to arrive in Dubai at 05:15hrs the next day. All times are local. The addition of the second daily A380 service will also offer customers more convenience with the option of choosing a morning or evening flight, for optimal onwards connection opportunities when they stop in Dubai.

Before the pandemic, international flights brought more than 3.1 million visitors to Victoria each year and injected $8.8 billion into the economy. Emirates carried 22 per cent of the 1.3 million passengers that arrived in Victoria from key European countries such as Germany, France, Italy, the Netherlands and Switzerland, which added $86 million to the Victorian economy in 2019.

Barry Brown, Emirates Divisional Vice President for Australasia said: “As an international airline that has been serving Australia for over 25 years, we are especially delighted to boost our services to Melbourne, adding yet more seats and flight options to the Victorian capital. Our second daily A380 service reaffirms our ongoing commitment to Australia and our loyal passengers as demand for international travel continues to increase. The newly expanded flight schedule also means our customers can experience three continents in one day, enjoying their breakfast in Australia, lunch in Dubai, and dinner in Europe.”

 “Emirates’ inaugural flight to Australia arrived in Melbourne in 1996. Since then, we have carried more than 11 million passengers on this key route and we are delighted that Victorian travellers and businesses can continue to enjoy the global reach that our expansive network offers.”

 Emirates’ increasing operations

With Australia being the third-largest destination for Emirates’ A380 operations, the airline has been continuously committed to increasing flights to Australia which will soar to 42 weekly flights in May, with the airline’s flagship flying to Sydney, Melbourne and Brisbane. From then Victoria and News South Wales capitals will be served by twice daily flights and the Queensland capital once daily, operating on the iconic A380 aircraft.



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Sri Lanka’s economic confidence index plummets

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‘No one has rated Sri Lanka’s economic condition as excellent. 1.8 % rated it as good and 1.3 % rated it as getting better. The resulting score was a (-) 96. This rating was (-) 83 in January 2022, a wide ranging Verite Research public opinion survey reveals.

Key findings of the survey:

Government approval rating drops from 10% to 3%

The second round of the Gallup Style “Mood of the Nation” poll was conducted in June by Verité Research. It assessed the approval, satisfaction, and confidence of the nation in relation to the government, the country, and the economy.

The poll was conducted as a part of the syndicated survey instrument by Verité Research. This instrument also provides other organisations the opportunity to survey the sentiments of Sri Lanka.

1. Government approval rating | 3% | To the question, “Do you approve or disapprove of the way the current government is working?” only 3% said they approve. In January 2022 this rating was at 10%.

2. Sri Lanka satisfaction | 2% | To the question, “In general, are you satisfied or dissatisfied with the way things are going in Sri Lanka?” only 2% said they were satisfied. This rating was at 6% in January 2022.

3. Economic confidence | negative (-) 96 | Multiple choice questions on the condition and trajectory of the economy are used to generate an economic confidence score. The score can range from negative (-) 100 to positive (+) 100. A score above zero means more people see the economic conditions positively rather than negatively. If everyone thinks the economy is in either excellent or good condition, and everyone also thinks it is getting better, the score will be (+) 10. If everyone thinks that the economy is in a poor condition, and everyone also thinks it is getting worse, the score will be a (-) 100. No one rated the economic condition as excellent. 1.8% rated it as good; and 1.3% rated it as getting better. The resulting score was a (-) 96. This rating was (-) 83 in January 2022.

Implementation of “Mood of

the Nation”

The poll is based on an island wide nationally representative sample of responses from 1,052 Sri Lankan adults, conducted in June 2022. The sample and methodology was designed to ensure a maximum error margin of under 3% at a 95% confidence interval. The polling partner was Vanguard Survey (Pvt) Ltd.

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Decline in share market in the wake of rate hike reports

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By Hiran H.Senewiratne

CSE trading activities began on a positive note yesterday but during the latter part of the day the market experienced a dip on account of the overall supply chain economy being subjected to a contraction, stemming from the fuel crisis. Consequently, CSE activities were relatively low keyed, market analysts said.

“We are reverting to the negative. There is uncertainty on all fronts, from the political to the economic. Therefore, we are expecting a rate hike on Thursday. This is creating a bit of a cloud and we may see this continuing further, a top market analyst said.

Even if top level decision- making is happening in Sri Lanka the impact is not felt at the grassroots level. This has resulted in unrest in the country, the analyst said.

Amid those developments, both indices moved downwards. The All- Share Price Index went down by 97.9 points and S and P SL20 declined by 34.3 points. Turnover stood at Rs 1.3 billion with one crossing. The crossing was reported in JKH, which crossed 600,000 shares to the tune of Rs 73.2 million, its shares traded at Rs 122.

In the retail market, the top seven companies that mainly contributed to the turnover were; Lanka IOC Rs 611 million (7.3 million shares traded), Expolanka Holdings Rs 173.9 million (one million shares traded). LOLC Holdings Rs 47.4 million (120,000 sha4es traded), Hayleys PLC Rs 46.5 million (697.000 shares traded), Browns Investments Rs 46.3 million (6.4 million shares traded), JKH Rs 21 million (173,000 shares traded) and Softlogic Holdings Rs 20.5 million (794,000 shares traded). During the day 109 million share volumes changed hands in 15000 transactions.

The International Monetary Fund said last Thursday its talks with crisis-hit Sri Lanka had been “constructive”, thereby raising hopes it would soon grant preliminary approval for a desperately needed financial support package, observers said.

Meanwhile, the Colombo Consumer Price index rose 54.6 per cent year-on-year in June against a 39.1 per cent rise in May, according to the Statistics Department.

Yesterday the US dollar rate was Rs 360.73, which is now being controlled due to the prudent fiscal and monetary policies of the Central Bank.

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Dialog Club vision members receive access to an exclusive screening of ‘Jurassic World Dominion’

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In a bold and breath-taking new global adventure, the epic conclusion to the Jurassic film franchise ‘Jurassic World Dominion’ hit theatres across the world on June 10. Just a day after its global premiere, Dialog Club Vision Red members and their loved ones received special access to an exclusive screening of the film at the Kandy City Centre Multiplex on June 11.

The explosive end to the Jurassic era sees two generations of the film’s franchise unite for the first time with Hollywood’s Chris Pratt and Bryce Dallas Howard joined by Oscar winner Laura Dern, Jeff Goldblum and Sam Neill. Dialog Club Vision members were some of the first to witness the utopian world where Dinosaurs and humans co-exist.

With the best interests of its members and their loved ones at heart, Dialog Club Vision continues to deliver a world of exclusivity and privileges such as personalized care, exclusive discounts and offers, lifestyle and entertainment events and more. To explore more exciting offers available for Dialog Club Vision members, and to learn more about Sri Lanka’s premier loyalty programme, customers can visit the MyDialog App or visit dialog.lk/club-vision

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