- The ‘New Normal‘- taking Early Years Education to the next level – Footsteps Preschool virtual learning
- DFCC Bank’s Ranwarama Pawning Facility lends a helping hand to those with urgent cash requirements
- Ceylon Chamber Proposes Multi-Sectoral Approach For Post-Covid19 Economic Revival
- Cancellation of the licence of ‘The Finance Company PLC’
The ‘New Normal‘- taking Early Years Education to the next level – Footsteps Preschool virtual learning »
As schools across the country are closed due to the COVID-19 outbreak, parents are now on the lookout for quality online content to continue learning and keep little minds busy while staying safely at home.
The Ceylon Chamber of Commerce has submitted its multi-sectoral proposals to the Task Force for Economic Revival and Poverty Alleviation
Not too long ago, the redness of blood was the easy and most frequently alluded to commonality by good hearted people decrying violence and destruction based on color, race, ethnicity, religious preference and creed. It still is, but there’s another ‘commoner’ fast catching up; The facemask. You can thank Covid-19 for that.
Sri Lankan Airlines, Sri Lankan's national carrier, is planning to start scheduled flights by June 1, says Chairman Ashok Pathirage.
Dura Atha Apeh Pasala was a sustainable community service project carried out by Rotaract Club of Excellence partnering with the Rotary Club of Colombo Metropolitan.
Business News: In a bid to reduce the ripple effect of Covid-19 on the local workforce, a strategic alliance was initiated between two
“Need to Look Forward for Methods to Increase Income and Cut Down Costs to Keep the Airline Going” – Ashok Pathirage »
Business News: SriLankan Airlines has been struggling financially and by some other aspects as well when this unexpected pandemic hit.
Sophos Global survey shows the average cost of recovery is $1.4 million if organizations pay the ransom, $730,000 if they don’t SophosLabs reports
A webinar was jointly organized yesterday by ASSOCHAM, India and Ceylon Chamber of Commerce, Sri Lanka to discuss the post-pandemic economic recovery.
Lauding the President’s efforts to accelerate economy post COVID-19, the Colombo Chamber of Commerce has appealed President Gotabaya Rajapaksa for intervention to instruct banks to support the SME and MSME exporters with pre-shipment loans.
Civil Aviation Authority of Sri Lanka (CAASL) Capt. Themiya Abeywickrama, Director-General yesterday stated that Bandaranaike International Airport (BIA) is on par with international standards and is all geared towards the challenge of COVID-19.
The new Access road of Bandaranaike International Airport, Sri Lanka was opened today by Chairman of Airport and Aviation Services (Sri Lanka) Limited Major General (Rtd) G. A. Chandrasiri,
Data security is creating fear and trust issues for IT professionals, according to the third-annual Oracle and KPMG Cloud Threat Report 2020.
The shared passion that attracts like-minded organisations to each other was clearly articulated when Emirates, the world’s largest international airline, greeted Dilmah founder Merrill J. Fernando recently, on the occasion of the 90th birthday of the celebrated Sri Lankan entrepreneur and humanitarian.
Singer Finance (Lanka) PLC received a strong vote of confidence from investors with its recent Listed, Rated, Unsecured, Senior, Redeemable three year and five year, Rs. 1 billion debenture issue being oversubscribed.
FITIS / ASOCIO first ever Asia Pacific virtual collaboration held on Tuesday, May 5, 2020 was a resounding success. It was attended by over 600 professionals across the Asia Pacific region around 20 countries including but not limited to ICT Industry and business leaders, CIO’s regulators, and other senior executives.
Sri Lanka recorded a 44.1% year-on-year (YOY) decline in tourist arrivals during the first four months of 2020, with no tourist arrivals in April.
Dialog Axiata PLC announced, Wednesday 13th May 2020, its consolidated financial results for the three months ended 31st March 2020. Financial results included those of Dialog Axiata PLC (the “Company”) and of the Dialog Axiata Group (the “Group”).
Business News: Few things are as frustrating as being unable to find that thing you know you have. Like that tool,
Picking, sorting, processing, and grading tea leaves make up the fabric of life in Sri Lanka. And ensuring that people around the globe get their daily cups of chai, Earl Grey, English Breakfast, or Orange Pekoe is crucial to the local economy and jobs.
During continued lockdowns of Sri Lanka, the SME and micro sectors have clearly proven their critical role in not only sustaining the domestic FMCG supplies, but even saving households from shortages and hunger itself.
Litro Gas Lanka Ltd, Sri Lanka’s undisputed market leader and supplier of LP Gas to the nation stepped up a multi-faceted and swift response to serve Sri Lankans island-wide in order to ensure they had an uninterrupted supply of Litro Gas during the COVID – 19 pandemic.
The Ceylon Chamber of Commerce has set up a Center for SMEs to play a more active role in building a dynamic SME sector in Sri Lanka.
AIA Brings Its Global Ambassador, David Beckham, and Partner, Tottenham Hotspur, Together to Promote Healthier, Longer, Better Lives »
AIA, the largest independent publicly listed pan-Asian life insurance group, today launched a new content series (filming was conducted prior to the Covid-19 pandemic)
Mastercard has announced the appointment of Rajesh Mani as the new Country Manager for Sri Lanka & Maldives. Rajesh took office earlier in March this year, succeeding Santosh Kumar, who has transitioned to another position within Mastercard.
Kerry Logistics Network Limited has announced a new joint venture, Kerry Logistics Lanka (Pvt) Ltd formed with IAS Holdings (Pvt) Ltd in Sri Lanka to strengthen its international freight forwarding (‘IFF’) capabilities in South Asia.
Fortinet advises Cyber Distancing and Network Isolation to protect organizations from cyberattacks »
Fortinet, a global leader in broad, integrated and automated cyber security solutions, announced that over the past several weeks, FortiGuard Labs has been monitoring a significant spike in COVID-19 related threats.
Taking into consideration the reopening of economic activity in the world followed by easing of some travel restrictions between countries, SriLankan Airlines said that it is now offering services to passengers who are eligible to travel under the respective country travel advisories to London, Tokyo (Narita) Melbourne and Hongkong and beyond.
Fortunately, due to its very nature, the IT-BPM sector already had some WFH protocols in place making it easier for the sector to adapt with approximate 90% of companies being able to ensure zero or very minimal interruptions to their regular operations.
Sri Lanka’s post covid-19 economy will receive a major boost from foreign direct investments (FDI) due to the way the government controlled the covid-19 situation, Minister of Information & Communications Technology,
The Covid 19 is drastically reshaping the world and its social order while creating new challenges. We are in a gloomy period.
GlaxoSmithKline has sold its stake in Unilever’s Indian business for $3.4 billion, marking India’s largest block trade, which will help the British company in its goal of reinvigorating its drug development pipeline.
Rhino Roofing Products Limited took initiative to provide urgent supplies including dry rations to those impacted by Covid 19 viral pandemic in Suduwella, Ja-Ela area which is in closer proximity to our manufacturing plant.
CIPM President Joins Global HR Leaders to Discuss Post-COVID Strategies at “After the Great Lockdown” Roundtable »
CIPM – the Nation’s leader in human resource management joined a global roundtable of HR leaders gathered to discuss and seek consensus on
Trade as we knew has rapidly transformed within the past two months with the unforeseen curfew and lockdown states due to COVID-19.
A Video Conference (VC), was organized by the Federation of Indian Chambers of Commerce and Industry (FICCI) yesterday on the opportunities for Indian companies in Sri Lanka in the post-pandemic economic situation.
The Sri Lanka Retailers’ Association (SLRA), the apex body for organized retail in Sri Lanka, is urging all landlords and lessors to reduce leases and rentals for its membership.
The International Monetary Fund (IMF) says that they are currently discussing Sri Lanka’s intention to replace the Extended Fund Facility (EFF)
Covid-19 has changed the way Vesak is observed this year as a nation, all its citizens will celebrate it with families, from the safety of their homes.
Begins 11th May with a weekly service offering capacity of up to 50 tonnes per flight to more than 65 cities and counting
Business News: The Planters’ Association of Ceylon (PA) commended exhaustive measures taken by Regional Plantation Companies (RPC) in partnership with Government
As most Sri Lankans stay home with the hope of flattening the curve, over 50,000 of our doctors and nurses have responded to the call of duty, putting themselves and their loved ones at risk of contracting the disease.
Velona Cuddles, the leading Diaper brand in Sri Lanka has commenced delivering its products through PickMe in order to serve its customers during this COVID 19 emergency.
Central Bank of Sri Lanka is asking financial institutions to lower the lending rates without further delay.
The United States announced the commitment of more than $4.5 million to help Sri Lanka in its fight against COVID-19. This brings the total U.S. contribution to $5.8 million.
The Asian Development Bank (ADB) has provided a guarantee for a $25 million trade loan to the State Pharmaceuticals Corporation of Sri Lanka (SPC) to purchase medical supplies as part of the country’s response to the novel coronavirus disease (COVID-19) pandemic.
Sri Lanka’s premier business chamber, Ceylon Chamber of Commerce, in communication to President Gotabaya Rajapaksa has proposed a Public-Private Shared Vision, Economic Recovery Strategy, and Stimulus Plan targeting an accelerated Post-COVID19 recovery of the Sri Lankan Economy.
Southern Airduct (Pvt) Ltd handed over electric fans to the Sri Lanka Navy on 04th May 2020.
Sri Lanka’s National Carrier, SriLankan Airlines is making a decisive move to rescue the country’s much troubled export industries by launching dedicated cargo services to a host of destinations and throwing a lifeline to the nation’s economy at a time of gravest peril, the airline said in a statement.
Shippers and port experts are convinced that a viable way out of the current crisis which is wreaking havoc on global shipping is the optimum use of technology to glide over the unprecedented tides and go on with business.
Sri Lanka’s tea production in March and first quarter has declined to lowest level in many decades, a Tea Exporters Association report said.
Responding to false news, the Sri Lanka Ports Authority (SLPA) said the operation of all terminals belonging to the Port of Colombo is continuing and not halted as the news item reported.
Huawei, the innovative smartphone manufacturer, exhibits an innovative product portfolio from smartphones to Media Pads, Wearables, Earbuds, software and tools that cater to multi-faceted needs of the modern era.
Loops, one of Sri Lanka’s largest creative led integrated marketing agencies, is proud to announce that well-known marketing personality, Perez Daniel, has joined the team as Executive Creative Director.
The period for obtaining information on the business institutions affected by the Coronavirus epidemic has been extended.
An early and a fresh turbo boost will be given to the ailing tourism industry with a renewed commitment to accelerate the tourism promotion action plan process, a top official of Sri Lanka Tourism said recently.
In order to reduce costs, the management of our National Carrier, Sri Lankan Airlines, has decided to implement a salary cut for 400 (nearly) SriLankan Airline contract staff,
South Asia Gateway Terminal (SAGT), one of three terminal operators in the port of Colombo, recently introduced a paperless electronic clearance process for import containers.
Following an offer by the Citrus Resorts & Hotels to use the group’s Citrus Waskaduwa as a quarantine center, the government has taken steps to open the five-star hotel as a paid quarantine facility for Sri Lankan expatriates.
COVID 19, the novel coronavirus infection, which began in Hubei Province, China in December last year has now been declared a pandemic by the World Health Organization.
A letter has been sent by Rizvi Zaheed, Chairman of the Sri Lanka Agripreneurs’ Forum to President Gotabaya Rajapaksa recommending 11 points to transform the Agriculture Sector in Sri Lanka.
Big Macs delivered on meal trolleys, hand sanitizers at the entrance and designated waiting spots to separate customers could become a feature of McDonald's restaurants in the Netherlands when they are allowed to reopen.
Sri Lanka’s oil palm cultivators can provide tangible support to the government’s efforts to promote local agriculture and import substitution as a response to the impact of the COVID-19 pandemic on the national economy, the sector’s apex industry association has said.
The Vehicle Importers Association of Sri Lanka (VIASL) said yesterday due to the rise in the value of the Japanese Yen and the US Dollar against the Sri Lankan Rupee after March 20, vehicles with engine capacity below 1,000cc will also be subject to a luxury tax.
The evolving pandemic has caused unprecedented economic disruption to trade and business. The trading community in Sri Lanka urgently needs to be updated on changing regulatory conditions both domestically and internationally,
During recent times, people have become ever more reliant on technology to stay connected, be informed and continue some level of work and normalcy. In this fast-growing technology enabled world, digital fitness is the key to the future.
The Sri Lanka-China Business Council of the Ceylon Chamber of Commerce organized a Webinar on “COVID-19: China’s experience” on 30 April 2020 with the participation of Consul General of Sri Lanka in Shanghai Manorie Mallikaratchy,
Sri Lanka’s Securities and Exchange Commission having taken into consideration the challenges faced by the licensed entities in complying with certain regulatory requirements due to COVID-19, has decided to grant several relief measures.
The continued sharp decline in working hours globally due to the COVID-19 outbreak means that 1.6 billion workers in the informal economy,
Huawei, the innovative smartphone manufacturer, recently re-launched the Huawei Support App in a bid to offer a more convenient aftersales service to its valued customers.
The coronavirus pandemic and its devastating economic impact on developing countries could fuel fresh interest in so-called diaspora bonds that allow migrants to support their countries of origin, experts from the World Bank and other groups say.
The Association of Private Hospitals and Nursing Homes (APHNH) in a statement to media, said they will extend all possible assistance to the national operations programme for Covid-19 outbreak, in conducting the much needed PCR tests to help control the spread of Covid-19 in Sri Lanka.
The clearance of cars at the Hambantota Port is slow, and the port is concerned that they would not meet the April 30th deadline for clearing imported vehicles.
Advocata Institute is hosting a panel discussion with leaders in the banking and financial sector, the fourth in a series of events that center around the economy and Covid-19.
The Commercial Bank of Ceylon has announced a series of concessions for borrowers whose loans had already been classified as non-performing when the government’s measures against the spread of COVID-19 began to impact on businesses.
‘Imagine Entertainment’ Pvt Ltd donated 50 walkie-talkies to the Defence Ministry, yesterday
The labour department has initiated an online survey to classify private establishments impacted by COVID-19.
Sri Lanka’s Mattala international airport has offered aircraft parking services as thousands of aircraft are grounded worldwide, amid a Coronavirus crisis.
Sri Lanka's benchmark manufacturer, H.H.CO Industries Pvt Ltd lending their share to the national drive to arrest the transmission of COVID-19 epidemic this morning (24) gifted 400 safety helmets for use among tri service personnel, engaged in the COVID-19 prevention and quarantine work.
Genius School of Professional Studies and SKD Manufactures donates Face Masks and Surgical Overall Kits to Defence Secretary »
Genius School of Professional Studies, Kurunegala and SKD Manufactures in Ja-Ela handed over 2,000 face masks and 250 surgical overall Kits to the Defence Secretary Maj. Gen. (Retd) Kamal Gunaratne at a function held at the Ministry,
National Association for Professionals in Tourism (NAFPT) along with Tourist Police Division of Sri Lanka has launched a campaign for foreign tourists who are currently stranded in Sri Lanka due to the COVID-19 Pandemic under the guidance of Sri Lanka Tourism Development Authority.
The Government has exempted tour operators from VAT (Value Added Tax). Co-Cabinet spokesperson Bandula Gunawardena said the Cabinet of Ministers accepted the related plan.
The leading provider of cement in the country, INSEE Cement Sri Lanka, has extended vital support to the authorities towards dealing with the COVID-19 pandemic and helping to build a resilient nation.
Toyota Lanka (Private) Limited donated two buses worth Rs. 20 million to support COVID-19 combat operations.
Supporting Defence Ministry’s initiative to fight COVID-19, Hytera Communications Corporation Ltd handed over 20,000 top quality face masks to the Defence Secretary Maj. Gen. (Retd) Kamal Gunaratne at a function held at the Ministry, yesterday(21).
SriLankan Airlines operates special flights to bring back Sri Lankans stranded in India, Pakistan and Nepal »
Continuing to reach out to fellow Sri Lankans in need, SriLankan Airlines will operate special flights from India’s Amritsar, Coimbatore, Pakistan’s Karachi, Lahore and Nepal’s Kathmandu to bring home 433 Sri Lankan students who have been stranded overseas due to the prevailing travel restrictions imposed in view of the COVID 19 pandemic.
The Finance Ministry has gazetted a list of import items that will be temporarily suspended as the Government battles to reduce pressure on reserves and keep the currency from depreciating too steeply.
How Large Organizations Can Support Small Organizations to Overcome the Impact of Covid-19: “5 Ideas to Explore” »
Over the last few weeks, the author has been speaking to a number of small organization owners across Asia. It is very clear that small organizations will be impacted the most from an economic perspective due the pandemic.
Advocata Institute is hosting a panel discussion with tourism industry leaders, Kimarli Fernando (Chairperson, Sri Lanka Tourism), Vipula Gunatilleka (CEO, SriLankan Airlines), Sanath Ukwatte (Chairman, Sri Lanka Hotel Association), Mahen Kariyawasam (President, Sri Lanka Inbound Travel Operators); moderated by Murtaza Jafferjee (Chair, Advocata Institute) on the impact of COVID-19 on Sri Lanka’s Tourism Industry.
Following our statement last week, the EDB strengthens our clarion call to understand that exports are now our nation’s number one priority. As the COVID-19 crisis intensifies across the globe, we at the EDB have taken a strong stance and realized that it is the export sector that will get Sri Lanka through this crisis.
A representative team of the Sri Lanka Electrical Equipment Businessmen’s Association met Lieutenant General Shavendra Silva, Chief of Defence Staff, Commander of the Army & Head of the National Operational Centre for Prevention of Covid -19 Outbreak (NOCPCO)
Solidifying the long-standing relationship between the Chinese business fraternity and Sri Lanka, the lead construction team of The One Transworks square development , the Shougang Group of Beijing donated 12 tonnes of disinfectant to the Government of Sri Lanka as aid in the battle against the COVID-19 outbreak.
The Asian Infrastructure Investment Bank (AIIB) is doubling available funds under its COVID-19 Crisis Recovery Facility to provide USD5-10 billion due to high client demand. This follows AIIB’s announcement to make USD5 billion available to help public and private sector clients manage through the COVID-19 pandemic.