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News timeline

Local News Today
1 day ago

Ramazan Day message by HE the President Gotabaya Rajapaksa

Local
2 days ago

Muslims in Sri Lanka to celebrate Ramazan festival tomorrow

Local News Today
2 days ago

India and Sri Lanka leaders agree to strengthen bilateral relations amidst COVID-19

Local
2 days ago

All island curfew relaxed from Tuesday

Business
3 days ago

The ‘New Normal‘- taking Early Years Education to the next level – Footsteps Preschool virtual learning

Local
3 days ago

Presidential Task Force to protect archaeological sites – President Gotabaya Rajapaksa

Local News Today
3 days ago

A series of proposals by President to revive (SLTB) into a profit-earn entity

Banking & Insurance
3 days ago

DFCC Bank’s Ranwarama Pawning Facility lends a helping hand to those with urgent cash requirements

Business
3 days ago

Ceylon Chamber Proposes Multi-Sectoral Approach For Post-Covid19 Economic Revival

Business News Today
3 days ago

Cancellation of the licence of ‘The Finance Company PLC’

Local
3 days ago

Itukama Covid-19 fund reaches Rs.1136 million

Local
3 days ago

Cabinet Decisions taken at the meeting on 20.05.2020

Local
3 days ago

All-island curfew enforced on 24th & 25th of May

Local News Today
3 days ago

President urges pharmaceutical supplies streamlined leaving middlemen out

Local News Today
3 days ago

Showery expects in the SW part of the island is expected to continue further today

Covid-19 Outbreak
3 days ago

Coronavirus Update: Total Covid-19 positive patients rise to 1055

Business News Today
4 days ago

CSE and GRI host final workshop of the series ‘Preparing a Sustainability Report’ as an online event

Banking & Insurance
4 days ago

ComBank reduces lending rates in quick response to COVID-19 crisis

Business News Today
4 days ago

S&P SL20 Index Marks its Second Historic Gain in a Week

Business News Today
4 days ago

Headline inflation decreased to 5.9 percent in April 2020

Local
4 days ago

Indonesian flight arrives with 110 Sri Lankans from Jakarta

Local
4 days ago

Sri Lankan Embassy in Abu Dhabi closed until further notice

Local
4 days ago

Parking fees to resume in Colombo despite curfew today

Covid-19 Outbreak
4 days ago

Coronavirus Update: Total Covid-19 cases rise to 1028

Local News Today
4 days ago

Showers expects in Southern, WP, Sabaragamuwa, Central and NW provinces

Business News Today
5 days ago

LAUGFS Car Care Ensured Motor Health of Vehicles during the Pandemic

Local
5 days ago

COVID – 19 Healthcare and Social Security Fund continues with ITUKAMA brand name

Local
5 days ago

Set of Guidelines issued for film & teledrama industry

Local
5 days ago

Elections Commission says cannot hold election on June 20

Local News Today
5 days ago

Balance of the COVID – 19 Fund reaches Rs. 1128 million as of today

The ‘New Normal‘- taking Early Years Education to the next level – Footsteps Preschool virtual learning

The ‘New Normal‘- taking Early Years Education to the next level – Footsteps Preschool virtual learning »

23 May, 2020

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.

Ceylon Chamber Proposes Multi-Sectoral Approach For Post-Covid19 Economic Revival

Ceylon Chamber Proposes Multi-Sectoral Approach For Post-Covid19 Economic Revival »

22 May, 2020

The Ceylon Chamber of Commerce has submitted its multi-sectoral proposals to the Task Force for Economic Revival and Poverty Alleviation

Finally, a mask that unmasks all masks

Finally, a mask that unmasks all masks »

20 May, 2020

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.

SriLankan Airlines prepares to launch scheduled flights from June 1

SriLankan Airlines prepares to launch scheduled flights from June 1 »

20 May, 2020

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  a project from Rotaract Club of Excellence

Dura Atha Apeh Pasala a project from Rotaract Club of Excellence »

19 May, 2020

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.

Isobar Sri Lanka’s partnership with SLIM creates opportunities for graduates

Isobar Sri Lanka’s partnership with SLIM creates opportunities for graduates »

18 May, 2020

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

“Need to Look Forward for Methods to Increase Income and Cut Down Costs to Keep the Airline Going” – Ashok Pathirage »

18 May, 2020

Business News: SriLankan Airlines has been struggling financially and by some other aspects as well when this unexpected pandemic hit.

“So has

SLPA launches the Guideline for Eradicating Covid-19 Pandemic

SLPA launches the Guideline for Eradicating Covid-19 Pandemic »

18 May, 2020

Expressing views on the prevention of the Covid-19 pandemic which has now been successfully managed in Sri Lanka, General Daya Ratnayake,

Paying the Ransom Doubles Cost of Recovering from a Ransomware Attack: Sophos

Paying the Ransom Doubles Cost of Recovering from a Ransomware Attack: Sophos »

18 May, 2020

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

Collaboration between two countries ensure faster economic recovery – HC India

Collaboration between two countries ensure faster economic recovery – HC India »

17 May, 2020

A webinar was jointly organized yesterday by ASSOCHAM, India and Ceylon Chamber of Commerce, Sri Lanka to discuss the post-pandemic economic recovery.

Pre-Shipment Collateral Free Loans to Boost National Export Drive – Appeal to the President

Pre-Shipment Collateral Free Loans to Boost National Export Drive – Appeal to the President »

17 May, 2020

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 DG says BIA on par with international standards

Civil Aviation Authority DG says BIA on par with international standards »

16 May, 2020

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.

Sri Lanka Tourism sees silver lining from July

Sri Lanka Tourism sees silver lining from July »

16 May, 2020

Sri Lanka Tourism is seeing a silver lining as European and high-end Indian travellers have begun to inquire on forward bookings, while the Government is sorting out the COVID-19 protocol to welcome guests from July onwards.

BIA gets new Access Road and Departure Public Concourse

BIA gets new Access Road and Departure Public Concourse »

16 May, 2020

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,

New Study: IT Pros Are More Worried About Corporate Security than Home Security

New Study: IT Pros Are More Worried About Corporate Security than Home Security »

16 May, 2020

Data security is creating fear and trust issues for IT professionals, according to the third-annual Oracle and KPMG Cloud Threat Report 2020.

Emirates pays warm tribute to Merrill J. Fernando on his 90th birthday

Emirates pays warm tribute to Merrill J. Fernando on his 90th birthday »

15 May, 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 Rs. 1 bn Debenture issue oversubscribed

Singer Finance Rs. 1 bn Debenture issue oversubscribed »

15 May, 2020

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 Asia Pacific Virtual Forum, a success

FITIS/ASOCIO first Asia Pacific Virtual Forum, a success »

15 May, 2020

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.

Zero tourist in April as Sri Lanka records a 44.1 percent decline

Zero tourist in April as Sri Lanka records a 44.1 percent decline »

14 May, 2020

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 Reports Stable Q1 Marred by Forex Losses

Dialog Reports Stable Q1 Marred by Forex Losses »

14 May, 2020

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”).

Multi-Cloud Platforms Offer Up Key New Data Capabilities and Differentiation

Multi-Cloud Platforms Offer Up Key New Data Capabilities and Differentiation »

14 May, 2020

Business News: Few things are as frustrating as being unable to find that thing you know you have. Like that tool,

Brewing up change under COVID-19: Transforming how tea is bought and sold in Sri Lanka

Brewing up change under COVID-19: Transforming how tea is bought and sold in Sri Lanka »

14 May, 2020

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.

SMEs, micros drive Sri Lanka lockdown last mile

SMEs, micros drive Sri Lanka lockdown last mile »

14 May, 2020

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 raises the bar in COVID – 19 supply and delivery response

Litro Gas Lanka raises the bar in COVID – 19 supply and delivery response »

14 May, 2020

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.

Ceylon Chamber of Commerce sets up a Center for SMEs

Ceylon Chamber of Commerce sets up a Center for SMEs »

14 May, 2020

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 Brings Its Global Ambassador, David Beckham, and Partner, Tottenham Hotspur, Together to Promote Healthier, Longer, Better Lives »

13 May, 2020

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 Names Rajesh Mani Country Manager for Sri Lanka & Maldives

Mastercard Names Rajesh Mani Country Manager for Sri Lanka & Maldives »

13 May, 2020

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 forms new joint venture in Sri Lanka

Kerry Logistics forms new joint venture in Sri Lanka »

13 May, 2020

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 advises Cyber Distancing and Network Isolation to protect organizations from cyberattacks »

12 May, 2020

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.

SriLankan Airlines will Operate Outbound Flights to Selected Destinations

SriLankan Airlines will Operate Outbound Flights to Selected Destinations »

12 May, 2020

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.

SLASSCOM Gearing up for the New Working Environment

SLASSCOM Gearing up for the New Working Environment »

12 May, 2020

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 boost with FDI influx – Bandula

Sri Lanka’s post COVID-19 economy will boost with FDI influx – Bandula »

12 May, 2020

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,

Covid-19 Outbreak: How to defuse the Economic Time bomb?

Covid-19 Outbreak: How to defuse the Economic Time bomb? »

10 May, 2020

The Covid 19 is drastically reshaping the world and its social order while creating new challenges. We are in a gloomy period.

GSK sells $3.4 billion Hindustan Unilever stake in largest India block trade

GSK sells $3.4 billion Hindustan Unilever stake in largest India block trade »

10 May, 2020

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 provides urgent supplies

Rhino Roofing provides urgent supplies »

10 May, 2020

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 President Joins Global HR Leaders to Discuss Post-COVID Strategies at “After the Great Lockdown” Roundtable »

10 May, 2020

CIPM – the Nation’s leader in human resource management joined a global roundtable of HR leaders gathered to discuss and seek consensus on

Small sellers selling BIG online

Small sellers selling BIG online »

10 May, 2020

Trade as we knew has rapidly transformed within the past two months with the unforeseen curfew and lockdown states due to COVID-19.

FICCI organizes Video Conference on business opportunities in SL for Indian companies

FICCI organizes Video Conference on business opportunities in SL for Indian companies »

9 May, 2020

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.

Sri Lanka Retailers’ Association appeals for lease and rental reductions

Sri Lanka Retailers’ Association appeals for lease and rental reductions »

9 May, 2020

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.

IMF in discussion with Sri Lanka on request to replace EFF with RFI

IMF in discussion with Sri Lanka on request to replace EFF with RFI »

8 May, 2020

The International Monetary Fund (IMF) says that they are currently discussing Sri Lanka’s intention to replace the Extended Fund Facility (EFF)

Happy News and Kumar Sangakkara appeals to the viewers to light four lamps this Vesak

Happy News and Kumar Sangakkara appeals to the viewers to light four lamps this Vesak »

8 May, 2020

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.

Emirates SkyCargo announces scheduled cargo flights from Colombo

Emirates SkyCargo announces scheduled cargo flights from Colombo »

8 May, 2020

Begins 11th May with a weekly service offering capacity of up to 50 tonnes per flight to more than 65 cities and counting

Read more

RPCs partner Government to protect estate communities against COVID-19

RPCs partner Government to protect estate communities against COVID-19 »

8 May, 2020

Business News: The Planters’ Association of Ceylon (PA) commended exhaustive measures taken by Regional Plantation Companies (RPC) in partnership with Government

You can give back to those who give – MAZE of LOVE

You can give back to those who give – MAZE of LOVE »

7 May, 2020

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 Delivers Diaper Essentials Through PickMe

Velona Cuddles Delivers Diaper Essentials Through PickMe »

7 May, 2020

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.

SLTDA drafts Tourism operational guidelines to re-open tourism industry post COVID-19

SLTDA drafts Tourism operational guidelines to re-open tourism industry post COVID-19 »

7 May, 2020

Sri Lanka Tourism Development Authority (SLTDA) has drafted operational guidelines for the Tourism Industry on preparedness and response to COVID-19 outbreak as the country to prepare for reopening of establishments.

Central Bank of Sri Lanka request to reduce lending rates

Central Bank of Sri Lanka request to reduce lending rates »

7 May, 2020

Central Bank of Sri Lanka is asking financial institutions to lower the lending rates without further delay.

United States Commits $5.8 million in COVID-19 Assistance to SL

United States Commits $5.8 million in COVID-19 Assistance to SL »

6 May, 2020

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.

ADB provides $25m assistant to SL to buy COVID-19 medical supplies

ADB provides $25m assistant to SL to buy COVID-19 medical supplies »

6 May, 2020

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.

Ceylon Chamber presents plan to President for accelerated Post-COVID19 economic recovery

Ceylon Chamber presents plan to President for accelerated Post-COVID19 economic recovery »

6 May, 2020

 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.

New procedure for MCC and LCL delivery of cargo to ease delay during Covid-19

New procedure for MCC and LCL delivery of cargo to ease delay during Covid-19 »

6 May, 2020

Sri Lanka Ports Authority (SLPA) is to introduce a new procedure for MCC and LCL delivery of cargo to curb any delays that may occur in their operations during Covid – 19 period.

Navy receives electric fans from Southern Airduct (Pvt) Ltd

Navy receives electric fans from Southern Airduct (Pvt) Ltd »

6 May, 2020

Southern Airduct (Pvt) Ltd handed over electric fans to the Sri Lanka Navy on 04th May 2020.

SriLankan Airlines launches dedicated cargo flights

SriLankan Airlines launches dedicated cargo flights »

6 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.

e-platforms advocated for shipping sector

e-platforms advocated for shipping sector »

6 May, 2020

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 tea production, exports lowest in March 2020

Sri Lanka tea production, exports lowest in March 2020 »

6 May, 2020

Sri Lanka’s tea production in March and first quarter has declined to lowest level in many decades, a Tea Exporters Association report said.

Operation of all terminals belonging to the Port of Colombo continues – SLPA

Operation of all terminals belonging to the Port of Colombo continues – SLPA »

6 May, 2020

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 Media Pad T5 and Free Buds 3 Facilitate Work from Home Plus Seamless Entertainment

Huawei Media Pad T5 and Free Buds 3 Facilitate Work from Home Plus Seamless Entertainment »

6 May, 2020

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.

Perez Daniel appointed as Executive Creative Director at Loops

Perez Daniel appointed as Executive Creative Director at Loops »

6 May, 2020

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.

Deadline for obtaining information on coronavirus hit businesses extended

Deadline for obtaining information on coronavirus hit businesses extended »

5 May, 2020

The period for obtaining information on the business institutions affected by the Coronavirus epidemic has been extended.

Turbo boost for ailing tourism industry – Kirmali Fernando

Turbo boost for ailing tourism industry – Kirmali Fernando »

5 May, 2020

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.

3 Month salary cut for 400 SriLankan contract staff

3 Month salary cut for 400 SriLankan contract staff »

5 May, 2020

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,

Terminal operator SAGT launches Electronic Container Clearance

Terminal operator SAGT launches Electronic Container Clearance »

5 May, 2020

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.

Government opens Citrus Waskaduwa for paid quarantine

Government opens Citrus Waskaduwa for paid quarantine »

5 May, 2020

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.

Guidance for workplace preparedness for COVID-19

Guidance for workplace preparedness for COVID-19 »

4 May, 2020

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.

Key recommendations to transform the Agriculture Sector in Sri Lanka

Key recommendations to transform the Agriculture Sector in Sri Lanka »

4 May, 2020

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 Mac at a distance: Dutch McDonald’s trials virus-proof restaurant

Big Mac at a distance: Dutch McDonald’s trials virus-proof restaurant »

4 May, 2020

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.

Local oil palm industry ready to support govt. domestic agriculture drive – POIA

Local oil palm industry ready to support govt. domestic agriculture drive – POIA »

3 May, 2020

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.

Luxury taxes applied on vehicles under 1000cc following depreciation of the rupee

Luxury taxes applied on vehicles under 1000cc following depreciation of the rupee »

2 May, 2020

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.

Ceylon Chamber Launches Trade Watch – Business Responses To Covid-19

Ceylon Chamber Launches Trade Watch – Business Responses To Covid-19 »

2 May, 2020

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,

PwC makes Digital Fitness App available for use free of charge

PwC makes Digital Fitness App available for use free of charge »

1 May, 2020

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.  

Webinar With The Sri Lanka –China Business Council Of The Ceylon Chamber Of Commerce

Webinar With The Sri Lanka –China Business Council Of The Ceylon Chamber Of Commerce »

1 May, 2020

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 extends concessionary period for port occupational charges

Sri Lanka extends concessionary period for port occupational charges »

1 May, 2020

The Ministry of Ports and Shipping has informed Sri Lanka Ports Authority (SLPA), SAGT and CICT to extend the concessionary period for occupational charges in the Port of Colombo and all commercial ports in Sri Lanka, up to 07th May 2020.

SEC grants relief measures; extends due date for submission of audit reports

SEC grants relief measures; extends due date for submission of audit reports »

1 May, 2020

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.

ILO: As job losses escalate, nearly half of global workforce at risk of losing livelihoods

ILO: As job losses escalate, nearly half of global workforce at risk of losing livelihoods »

30 Apr, 2020

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 Focuses on User Convenience and Provide Revolutionary Services through Support App

Huawei Focuses on User Convenience and Provide Revolutionary Services through Support App »

30 Apr, 2020

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.

World Bank: Pandemic could fuel demand for ‘diaspora bonds’

World Bank: Pandemic could fuel demand for ‘diaspora bonds’ »

29 Apr, 2020

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.

Private hospitals extend their lab services for PCR testing

Private hospitals extend their lab services for PCR testing »

29 Apr, 2020

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.

Clearing of vehicles from Hambantota port slow

Clearing of vehicles from Hambantota port slow »

29 Apr, 2020

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.

Sri Lankan port operator expects 50% revenue drop in April due to COVID-19

Sri Lankan port operator expects 50% revenue drop in April due to COVID-19 »

29 Apr, 2020

Sri Lanka's state-owned port operator Sri Lanka Ports Authority (SLPA) faces a loss in revenue of up to 13 million U.S. dollars in April due to COVID-19, local media reported here Tuesday.

Online Forum on COVID-19 with Banking and Financial Sector Leaders by Advocata Institute

Online Forum on COVID-19 with Banking and Financial Sector Leaders by Advocata Institute »

29 Apr, 2020

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.

ComBank offers fresh hope to non-performing borrowers with post-COVID-19 concessions

ComBank offers fresh hope to non-performing borrowers with post-COVID-19 concessions »

29 Apr, 2020

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’ donates 50 walkie-talkies

Imagine Entertainment’ donates 50 walkie-talkies »

29 Apr, 2020

‘Imagine Entertainment’ Pvt Ltd donated 50 walkie-talkies to the Defence Ministry, yesterday

Labour department initiate a survey to identify affected businesses

Labour department initiate a survey to identify affected businesses »

28 Apr, 2020

The labour department has initiated an online survey to classify private establishments impacted by COVID-19.

Sri Lanka’s Mattala airport offers aircraft parking services to Covid-hit airlines

Sri Lanka’s Mattala airport offers aircraft parking services to Covid-hit airlines »

25 Apr, 2020

Sri Lanka’s Mattala international airport has offered aircraft parking services as thousands of aircraft are grounded worldwide, amid a Coronavirus crisis.

Local Helmet Manufacturer Lends Their Share to COVID-19 Control

Local Helmet Manufacturer Lends Their Share to COVID-19 Control »

24 Apr, 2020

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 and SKD Manufactures donates Face Masks and Surgical Overall Kits to Defence Secretary »

24 Apr, 2020

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,

NAFPT meets foreign tourists stranded in Sri Lanka

NAFPT meets foreign tourists stranded in Sri Lanka »

24 Apr, 2020

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.

Government exempted Inbound Tour Operators from VAT

Government exempted Inbound Tour Operators from VAT »

24 Apr, 2020

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.

INSEE Sanstha Cement Supports Vital COVID-19 Relief Efforts to Build Resilient Nation

INSEE Sanstha Cement Supports Vital COVID-19 Relief Efforts to Build Resilient Nation »

24 Apr, 2020

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 donates two buses for COVID-19 prevention operations

Toyota Lanka donates two buses for COVID-19 prevention operations »

22 Apr, 2020

Toyota Lanka (Private) Limited donated two buses worth Rs. 20 million to support COVID-19 combat operations.

Hytera Communications Corporation Ltd donates Rs.2 million worth of face masks

Hytera Communications Corporation Ltd donates Rs.2 million worth of face masks »

22 Apr, 2020

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

SriLankan Airlines operates special flights to bring back Sri Lankans stranded in India, Pakistan and Nepal »

21 Apr, 2020

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.

Government gazettes extensive list of import-restricted items

Government gazettes extensive list of import-restricted items »

21 Apr, 2020

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”

How Large Organizations Can Support Small Organizations to Overcome the Impact of Covid-19: “5 Ideas to Explore” »

20 Apr, 2020

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.

Online forum on COVID-19 with Tourism industry leaders by Advocata »

20 Apr, 2020

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.

Exports: A National Priority

Exports: A National Priority »

19 Apr, 2020

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.

Sri Lanka Electrical Equipment Businessmen’s Association  Offer Their Share to Preventive Drive

Sri Lanka Electrical Equipment Businessmen’s Association  Offer Their Share to Preventive Drive »

19 Apr, 2020

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)

Shougang Group, Beijing donates 12 tons of medical supplies to Sri Lanka

Shougang Group, Beijing donates 12 tons of medical supplies to Sri Lanka »

18 Apr, 2020

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.

AIIB Doubles COVID-19 Crisis Response to USD10 Billion

AIIB Doubles COVID-19 Crisis Response to USD10 Billion »

18 Apr, 2020

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.