Living with (and life after) COVID-19
An article by Tharaka Balasuriya COVID-19 will drastically change the manner in which we live, work, communicate and interact. The degree of change …
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CSE trading closes after S&P SL 20 drops over 10-pct
May 11, 2020 (LBO) – The Colombo Stock Exchange (CSE) closed trading for the day after the S&P SL 20 index dropped over 10 percent from the …
RIU hosts webinar on current real estate market
May 11, 2020 (LBO) - Research Intelligence Unit (RIU) webinar discusses current real estate market, building resilience and exploring new …
Impact of COVID-19 on Sri Lanka’s Banking and Financial sector: Advocata
May 11, 2020 (LBO) - The Advocata Institute hosted an online discussion on Zoom with Yvette Fernando (Assistant Governor, Central Bank of Sri Lanka), …
WHO and DFAT donate vital equipment and supplies to fight COVID-19 in Sri Lanka
May 11, 2020 (LBO) - The World Health Organization (WHO) handed over a donation of essential laboratory equipment, hospital equipment, personal …
3D virtual tours of Cinnamon Life and TRI-ZEN apartments launched
May 11, 2020 (LBO) - John Keells Properties has announced that in order to accommodate prospective buyers moving forward with their apartment …
Emirates Group announces 2019-20 results
Group records 32nd consecutive year of profit of AED 1.7 billion (US$ 456 million) Group revenue of AED 104 billion (US$ 28.3 billion) …
Curfew in Colombo & Gampaha to be in force despite resumption of work
May 10, 2020 (LBO) – Resumption of civilian life and work, while curfew is in force in the districts of Colombo and Gampaha, will commence tomorrow …
Colombo Stock Exchange to recommence trading tomorrow
May 10, 2020 (LBO) – The Colombo Stock Exchange will recommence its operations on Monday in line with the decision made by the government to relax …
Controlling Coronavirus pandemic & gradual restoration of normal life
May 10, 2020 (LBO) – Sri Lanka will have to maintain a balance between steps taken to prevent the spread of the disease on the one hand and the …
EFutures helps Global Vinyl to set up SAP on AWS
Using cloud services can be overwhelming at times especially when your organization has no prior experience utilizing cloud services for any business …
IMF discusses Sri Lanka’s intention to replace EFF with rapid financing instrument
May 08, 2020 (LBO) – The International Monetary Fund (IMF) says that they are currently discussing Sri Lanka’s intention to replace the Extended …
Sri Lanka gross official reserves down to USD7.2 bn by end-April
May 07, 2020 (LBO) – Sri Lanka’s gross official reserves were 7.2 billion US dollars (USD7,179. online pharmacy buy ciprodex with best prices …
CBSL responds to questions asked about concessions granted to businesses
Frequently Asked Questions on concessions granted to COVID -19 hit Businesses including Self-Employment and
Central Bank urges financial institutions to reduce lending rates without delay
May 06, 2020 (LBO) – Sri Lanka's Central Bank urges financial institutions to reduce lending rates without further delay. Failing which, the …
Central Bank of Sri Lanka further reduces policy rates to support economic activity
May 06, 2020 (LBO) - The Monetary Board of the Central Bank of Sri Lanka, at a special meeting held on 06 May 2020, reviewed the current monetary …
Hemas’ Dolphin Hotel completes fifth week as dedicated quarantine centre
Hemas Holdings PLC controlled Club Hotel Dolphin, Waikkala, has completed its fifth successful week as a dedicated COVID-19 Quarantine Centre. All …
ADB’s trade finance program supports medical supplies to combat COVID in Sri Lanka
May 06, 2020 (LBO) - The Asian Development Bank (ADB) has provided a guarantee for a $25 million trade loan to the State Pharmaceuticals Corporation …
United States commits USD5.8 mn in COVID-19 assistance to Sri Lanka
May 06, 2020 (LBO) – The United States announced the commitment of more than $4.5 million to help Sri Lanka in its fight against COVID-19. This …
Coronavirus pandemic pressures Sri Lankan banks’ ratings: Fitch
May 06, 2020 (LBO) - Fitch Ratings has downgraded in May 2020 three Sri Lankan banks' issuer default ratings after it downgraded Sri Lanka's …
COVID-19: out of chaos comes opportunity. But opportunity must be seized to become reality.
By Jekhan Aruliah Tinned fish to tin houses: in the weeks of the 2020 Corona curfews we frequently saw on television and on Facebook fish in metal …
SriLankan launches dedicated cargo flights to Europe, Middle East, Far East, Indian Subcontinent
Sri Lanka’s National Carrier SriLankan Airlines is making a decisive move to rescue the country’s much troubled export industries by launching …
Sri Lanka Tourism requests all tourists in the island to register
May 05, 2020 (LBO) - Sri Lanka Tourism is in the process of gathering details of all tourists, businessmen and expatriates engaged in the tourism …
Coping with COVID-19: Economics of social media based business in Sri Lanka during crises
Kithmina Hewage and Harini Weerasekera As of January 2018, there were six million active social media users in Sri Lanka, accounting for 30% of the …