British High Commissioner advises British visitors to leave Sri Lanka
Apr 10, 2020 (LBO) – The British High Commissioner to Sri Lanka encourages any British tourists to return to the UK now while flights are …
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Rice mills declared an essential service
Apr 10, 2020 (LBO) – Since the provision of essential foods and rice production storage and distribution is imperative to ensure food security, …
Saluting health care professionals – frontliners at Covid-19 global response
The year 2020 has forced all people living around the world with one of the biggest challenges since World War 2. This crisis of the Covid 19 …
Joint Apparel Association Forum predicts USD1.5bn reduction in June quarter exports
Apr 10, 2020 (LBO) – The Joint Apparel Association Forum (JAAF) foresees an immediate contraction of 1.5 billion US dollars in Sri Lankan apparel …
Sri Lanka official reserves down to USD7.5bn by end-March
Apr 09, 2020 (LBO) – Sri Lanka’s gross official reserves were 7.5 billion US dollars (USD7,525.7mn) by the end of March, down from 7.9 billion US …
European Union provides EUR 22mn grant to Sri Lanka
The European Union (EU) and its Member States are working with partners around the world to tackle the outbreak of the coronavirus pandemic and …
US donates USD1.3mn to protect Sri Lanka healthcare workers & improve testing
Apr 09, 2020 (LBO) – The United States Government, through the United States Agency for International Development (USAID) has committed 1.3 million …
PwC expects real GDP growth in Sri Lanka to be less than 2-pct this year
Apr 09, 2020 (LBO) – PricewaterhouseCoopers (PwC) expects real GDP growth in the Island to be less than 2 percent this year even if the pandemic is …
SL weak public finances will exacerbate economic shocks from COVID-19
By Fellows of the Advocata Institute Sri Lanka’s shaky public finances are about to receive another blow from the fallout of Covid-19. The most …
Sri Lanka : COVID -19 update
Apr 08, 2020 (LBO) - According to the World Health Organisation in Sri Lanka 180 people have tested positive with 38 people having recovered and 5 …
Coronavirus sinks global growth prospects for 1H 2020: The Economist Intelligence Unit
Apr 08, 2020 (LBO) – The coronavirus pandemic is a game-changer, and we now expect global output to contract by 2.5 percent this year—an even …
Dankotuwa Porcelain makes steam inhalers fit for homes & healthcare establishments
Dankotuwa Porcelain PLC, renowned for its luxurious and elegant porcelain tableware introduced the all new customized steam inhaler which is ideal …
First bunkering ship discharges low sulphur fuel at Hambantota Intl. Port
Apr 08, 2020 (LBO) – Bunkering vessel Mt. Melody docked at the Hambantota International Port (HIP) last week to discharge approximately 25,000 MT …
Sri Lankan Banks’ risks to persist despite regulatory measures: Fitch Ratings
Apr 08, 2020 (LBO) – Fitch Ratings believes that the extraordinary regulatory measures announced by the central bank - focusing on the relaxation …
Sri Lanka introduces new mechanism to issue curfew passes
Apr 07, 2020 (LBO) – Sri Lanka's Government has implemented a new mechanism to issue curfew passes. It has been observed that excessively number of …
CIM announces significant changes to its Chartered status
Apr 07, 2020 (LBO) – The Chartered Institute of Marketing (CIM) has announced significant changes to its Chartered status, the marketing …
WhatsApp introduces limit to message forwarding
With billions of people unable to see their friends and family in person due to COVID-19, people are relying on WhatsApp more than ever to …
Curfew, Lock down and Economic Livelihoods
By Sharhan Muhseen 6th April 2020 National policymakers have been grappling on the right balance between lockdowns (total or partial) and maintaining …
Sri Lanka curfew update
Apr 06, 2020 (LBO) - The curfew currently in force in the districts of Colombo, Gampaha, Kalutara, Puttalam, Kandy and Jaffna which have been …
COVID-19 prevention program proceeds with professional expertise: President
Apr 06, 2020 (LBO) - Presided by President Gotabaya Rajapaksa, a discussion took place at the Presidential Secretariat to review the progress of the …
Foreign Ministry acts on missions abroad to ensure welfare of citizens
Apr 06, 2020 (LBO) - The Ministry of Foreign Relations, sensitive to the concerns of the OSLs amidst the rapid spread of the COVID-19 and the …
Sri Lanka’s Hatch and LAN gear up to launch first fintech accelerator
Apr 06, 2020 (LBO) - In April 2020, Hatch in partnership with Lankan Angel Network (LAN) and through the support of the Ford Foundation, will …
Chamber Academy hosts first Work-From-Home webinar
Taking the lead in empowering the private sector during COVID-19, the Chamber Academy of the Ceylon Chamber of Commerce in collaboration with FITIS …
Daraz can bring expertise from its parent company Alibaba during this time of crisis and potentially service 10,000 households daily
Daraz, Sri Lanka's largest e-commerce platform, ordinarily connects thousands of sellers to millions of consumers across the country. Now, however, …