Opinion: Emerging narratives for a post-lockdown society
By Abhishek Hariharan The fear of contagion has struck deep, and some things will perhaps never go back to the way they were. Here are some possible …
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Sri Lanka relaxes curfew regulations to restore normalcy in civilian life
Apr 18, 2020 (LBO) – Sri Lanka's Government with the objective of restoring normalcy in civilian life, has decided to relax the curfew imposed in …
VIDEO: Discussion on impact of COVID-19 on Sri Lankan export industry
The Advocata Institute hosted an online discussion featuring Ashroff Omar (CEO, Brandix), Dilhan Fernando (CEO, Dilmah Tea), Romesh David (CEO, SAGT) …
Economic impact of COVID-19 in Sri Lanka: Insights by ICRA
Apr 18, 2020 (LBO) – ICRA Lanka expects the Sri Lankan economy to face a recession of magnitude -1.9% in 2020 with a U-shape recovery path …
CCC proposes public-private shared vision for economic recovery post-COVID
Apr 17, 2020 (LBO) – The Ceylon Chamber of Commerce, in a communication to the President has proposed a Shared Vision, Economic Recovery Strategy …
Moody’s places Sri Lanka’s B2 ratings on review for downgrade
Apr 17, 2020 (LBO) – Moody's Investors Service ("Moody's") has today placed the Government of Sri Lanka's long-term foreign-currency issuer and …
How to manage public transport in post-COVID: Recommendations by CCC
Apr 17, 2020 (LBO) – The Ceylon Chamber of Commerce has formulated and submitted a proposal to the government on how to manage passenger transport …
IMF to review Sri Lanka’s request for Rapid Credit Facility this week
Apr 17, 2020 (LBO) – The International Monetary Fund (IMF) is starting to review Sri Lanka's request for Rapid Credit Facility this week, the …
Fitch revises outlook on Abans to negative on Coronavirus stress; Affirms ‘BBB+(lka)’ rating
Apr 16, 2020 (LBO) - Fitch Ratings has revised the Outlook on Sri Lankan consumer-durable retailer Abans PLC's National Long-Term Rating to Negative …
Smoking cessation in Sri Lanka: A silver lining in COVID-19 crisis?
Chathurga Karunanayake As the deadly COVID-19 pandemic threatens the entire world, claiming thousands of lives and disrupting economic activities, it …
Plantation sector estimates 40-pct drop in tea production from 3-month drought
Apr 16, 2020 (LBO) – Planters’ Association of Ceylon (PA) estimates a 40 percent drop in estate tea production solely resulting from …
President discusses rebuilding economy amidst COVID-19 challenges
Apr 16, 2020 (LBO) – President Gotabaya Rajapaksa discussed rebuilding the economy in the face of the current challenges during a meeting with the …
Opinion: Do modern risk methods adept to recognize corporates’ defaults due to COVID-19
By Gayan Gunewardana, Bsc/MBA/CIMA/CGMA/AIB/FRM (Banking consultant & independent researcher – Middle East) The global “war” on COVID-19 …
Sri Lanka’s Central Bank reduces bank rate
Apr 16, 2020 (LBO) – The Monetary Board of the Central Bank at its meeting held yesterday, having observed the cumulative reduction of the key …
Possibility of resuming day-to-day life at provincial levels explored
Apr 15, 2020 (LBO) – President Gotabaya Rajapaksa chaired a meeting at the Presidential Secretariat today (15) to explore the possibility of …
Temporary suspension of SriLankan flights extended to 30th April
Apr 15, 2020 (LBO) – SriLankan Airlines says that they are compelled to extend the temporary suspension of its scheduled passenger flights till …
Relief measures for tourist guides during COVID -19 outbreak
Apr 14, 2020 (LBO) - Due to the effect of COVID-19 on the tourism industry, the annual renewal of the guide license fee for the year 2021 will be …
PUCSL extends electrical and plumbing issues
Apr 14, 2020 (LBO) - A special service to provide solutions for electrical systems and plumbing issues of households during the curfew period which …
ADB triples COVID-19 response package to USD20Bn
Apr 14, 2020 (LBO) - The Asia Development Bank (ADB) has tripled the size of its response to the novel coronavirus disease (COVID-19) pandemic to …
South Asia must ramp up COVID-19 action to protect people, revive economies
Apr 14, 2020 (LBO) - Amid the mounting human toll and global economic fallout triggered by the COVID-19 pandemic, South Asian governments must ramp …
Work from home period extended till next Monday
Apr 13, 2020 (LBO) – The “Work from Home Period” for employees for both public and private sectors has now been extended till April 20th, 2020, …
Sri Lanka introduces special deposit account to manage COVID-19 challenges
Apr 12, 2020 (LBO) – Sri Lanka's Government in consultation with the Monetary Board of the Central Bank has introduced a Special Deposit Account …
Updated announcement on curfew
The curfew imposed in the districts of Colombo, Gampaha, Kalutara, Puttalam, Kandy and Jaffna which have been identified as High Risk Zones will …
Foreign Minister explores possibilities to assist Sri Lankan migrant workers
Minister of Foreign Relations, Skills Development, Employment and Labour Relations, Dinesh Gunawardena met with the Secretaries and senior officials …