News timeline

Developing Story of the day
5 mins ago

“1950” special hotline introduces to the pensioners – Post-Master General

Local
4 hours ago

Curfew in 06 districts will remain until further notice and 19 districts will be lifted temporarily tomorrow

Local News Today
4 hours ago

“Work from Home” period further extended from Apr 6 to 10

Sinhala Local News
4 hours ago

ඇඳිරි නීතිය පිළිබඳ නව නිවේදනය.

Local
5 hours ago

Call 1390 if you have any symptoms on Covid-19 – Director-General Dr. Anil Jasinghe

Covid-19 Outbreak
5 hours ago

Total Covid-19 cases confirmed rise to 166

Uncategorized
5 hours ago

Morethan 13,000 people arrested over curfew violation

Uncategorized
5 hours ago

Dambulla Economic Center closed from today till 07th April

Business
6 hours ago

Many Corporate Companies, organizations contribute to the Health Ministry for Corona prevention and control.

Local
7 hours ago

COVID-19 prevention program proceeds with professional expertise

Local News Today
7 hours ago

2,961 prison inmates released on bail

Sinhala Local News
7 hours ago

බන්ධනාගාර ඉතිහාසයේ නව පිටුවක් සටහන් කරමින් රැඳවියන් 2,961 දෙනෙකු ඇප මත මුදා හැරේ

Local News Today
7 hours ago

Showers expects in several districts after 2.00pm today

Uncategorized
19 hours ago

World’s virus toll tops 60,000 as advice on masks shifts

Local News Today
20 hours ago

No decision taken to declare a complete lockdown – Defence Secretary

Sinhala Local News
21 hours ago

කොරෝනා මර්දන වැඩසටහන තවත් විධිමත්ව ඉදිරියට: සියලු තීරණ විශේෂඥ උපදෙස් අනුව

Business News Today
21 hours ago

Hutch Pays Heed to Customer Feedback offering 100% Anytime Data without Night Time Quotas

Business News Today
21 hours ago

The apparel sector equips healthcare workers in the fight against COVID-19

Business News Today
22 hours ago

FCCISL initiates medical donation through CICCPS in Beijing

Business
22 hours ago

CB Governor Professor W D Lakshman urges to implement CB guidelines

Business
22 hours ago

AIIB Looks to Launch USD5 Billion COVID-19 Crisis Recovery Facility

Lead Story
22 hours ago

“Sustainable agriculture to ensure food security and prosperous farming community” – Saubagya programme latched (Sinhala)

Local
23 hours ago

Complete Lockdown content which circulate on social media is a fake news- Police Media Spokesperson

Local
24 hours ago

PUCSL Together With CEB, LECO And NWS&DB To Provide Solutions For Electrical System & Plumbing Issues Of Households

Covid-19 Outbreak
24 hours ago

Three more patients confirmed Covid-19 and 25 recovered so far

Lead Story
1 day ago

172 Returnees Released from SLAF Quarantine Centre at Iranamadu

Local
1 day ago

Navy conducts NSR programme to distribute dry rations among inmates of ‘Mithuru Mithuro’ Rehab Centre

Local
1 day ago

Public Health Inspector (PHI)’s contribute a day worth salary to COVID-19 fund

Local News Today
1 day ago

People of all ethnics could face difficulties due to COVID-19

Special of the day
1 day ago

Prime Minister Mahinda Rajapaksa takes the #HomeGardenChallenge

BOI ensures export manufacturing sector keeps ticking despite COVID-19 crisis

BOI ensures export manufacturing sector keeps ticking despite COVID-19 crisis »

27 Mar, 2020

The Board of Investment (BOI) yesterday said it was ensuring uninterrupted services utilizing skeleton staff for export-oriented manufacturing companies, noting that some enterprises that cater to essential services were functioning with reduced staff.

The new benchmark in midrange smartphones: Nova 7i now in Sri Lanka

The new benchmark in midrange smartphones: Nova 7i now in Sri Lanka »

27 Mar, 2020

Huawei, the innovative smartphone manufacturer, recently introduced Huawei Nova 7i adding yet another feature packed device to the Nova line of smartphones that offer more value for a convenient price.

Connecting Sri Lanka to battle against the global pandemic in a united effort

Connecting Sri Lanka to battle against the global pandemic in a united effort »

27 Mar, 2020

Sri Lanka is facing one of the greatest challenges in its history as it battles the threat of COVID-19. The Government of Sri Lanka is leading the national effort, strongly supported by the nation’s health care workers,

Hemas supports fight against Coronavirus

Hemas supports fight against Coronavirus »

27 Mar, 2020

Hemas FMCG donated a large quantity of personal care items to the Sri Lanka Army recently. Over 10,000 assorted bars of Shield soap, and other personal care products including Clogard toothpaste, Clogard smart toothbrushes and Kumarika shampoo were donated to the Sri Lanka Army towards the comfort of the individuals in the Quarantine centers located across the country.

February – March 2020 VAT payments extended up to April 30

February – March 2020 VAT payments extended up to April 30 »

27 Mar, 2020

As per the directions issued by the Presidential Secretariat on March 23, 2020, Value added tax (VAT) payments due from corporations for the months of February and March 2020 has been extended up to April 30,2020, the Department of Inland Revenue said.

Sanasa General Insurance enables local farming communities

Sanasa General Insurance enables local farming communities »

27 Mar, 2020

On behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH is supporting a joint initiative with SANASA Insurance to provide Sri Lankan farmers with online farming insurance facilities that would eliminate the need for rural farming communities to visit an insurance company or for an agent to visit a farm.

‘Talkative Parents’ digitally bridges the communication gap between schools and parents

‘Talkative Parents’ digitally bridges the communication gap between schools and parents »

27 Mar, 2020

Leading Technology solutions provider Yara Technologies has officially launched ‘Talkative Parents’, a digital platform which connects educational institutes such as schools and pre-schools with parents.

Fitch Revises Sri Lanka’s Banking Sector Outlook to Negative on Coronavirus; Rating Outlook Negative

Fitch Revises Sri Lanka’s Banking Sector Outlook to Negative on Coronavirus; Rating Outlook Negative »

27 Mar, 2020

Fitch Ratings-Colombo-26 March 2020: Fitch Ratings has revised Sri Lanka's banking sector outlook for 2020 to negative as the coronavirus pandemic poses increased risks to the anticipated expansion in the economy and credit demand, which will adversely affect the performance of the banks.

HSBC Sri Lanka offers relief to personal and corporate customers amidst COVID-19

HSBC Sri Lanka offers relief to personal and corporate customers amidst COVID-19 »

26 Mar, 2020

HSBC, the largest international bank in Sri Lanka, said yesterday it is offering a range of relief measures for its personal and corporate customers given the challenges presented by the ongoing novel-Coronavirus (“COVID-19”) pandemic.

How to order LP Gas from Litro and groceries from Sathosa even during the curfew??

How to order LP Gas from Litro and groceries from Sathosa even during the curfew?? »

26 Mar, 2020

PickMe Food is now delivering LP Gas from Litro and groceries from Sathosa even during the curfew. How to order;

Sri Lanka to allow charter flights to fly out remaining tourists on request

Sri Lanka to allow charter flights to fly out remaining tourists on request »

26 Mar, 2020

As of 25th March, there are approximately 18,093 international tourists in the country according to immigration authorities; and Sri Lanka Tourism is closely working with the Foreign Ministry and respective embassies/high commissions to arrange necessary facilities.

ICTA has introduced two key communication tools to GoSL

ICTA has introduced two key communication tools to GoSL »

26 Mar, 2020

It is vital to ensure the business continuity of the government during the lock-down situation. Real time information sharing and communication among all key public sector entities, connecting multiple government agencies and employees is an essential need of the hour.

Index of Industrial Production post a negative percentage

Index of Industrial Production post a negative percentage »

26 Mar, 2020

The year-on-year change in the industrial production index for the period of January 2019 to January 2020 was a negative.6 percent. The production of cigarettes, coke and refined petroleum products, and pharmaceutical products has seen substantial declines. The production of wood, textiles, and base metals increased.

Melstacorp donates Rs.25mn worth medical equipment to IDH

Melstacorp donates Rs.25mn worth medical equipment to IDH »

26 Mar, 2020

Aitken Spence’s holding company Melstacorp PLC has donated medical equipment worth LKR 25 million for a Real-Time Polymerase Chain Reaction (PCR) Laboratory at the National Institute of Infectious Diseases (IDH).

Serendib Flour Mills reaffirms commitment to availability of ample flour stocks in Sri Lanka

Serendib Flour Mills reaffirms commitment to availability of ample flour stocks in Sri Lanka »

26 Mar, 2020

While Sri Lanka is in the midst of a battle to get the COVID-19 disease under control, Serendib Flour Mills, one of the most trusted wheat flour suppliers in Sri Lanka, has assured the general public of its commitment to ensure that there are ample stocks of wheat flour available in the market

Allianz recognizes the need of the hour with complimentary covers

Allianz recognizes the need of the hour with complimentary covers »

26 Mar, 2020

After a continuous and ongoing assessment of the situation in the country with relation to the current COVID-19 (new Coronavirus) outbreak, Allianz Life Insurance Lanka Limited has enhanced their care during this time of need.

Hutch offers free daily relief reload of Rs. 15 to all its subscribers to help in mitigating the COVID 19 risk

Hutch offers free daily relief reload of Rs. 15 to all its subscribers to help in mitigating the COVID 19 risk »

26 Mar, 2020

Keeping true to its long devotion to the best interests of their customers, HUTCH has today introduced another key initiative ensuring continuity and access to telecommunication services at a time when the country is grappling with the COVID -19 crisis.

Airlines asks for rescue as virus hit soars to $250bn

Airlines asks for rescue as virus hit soars to $250bn »

26 Mar, 2020

Global airlines urged governments yesterday to speed up bailouts to rescue the air transport industry as they doubled their estimate of 2020 revenue losses from the coronavirus crisis to more than $250bn.

All Banks declared as an essential service

All Banks declared as an essential service »

26 Mar, 2020

Within the backdrop of a curfew, the government has declared banking as an essential service in the country, enabling the public to meet their essential needs.

181 Years Of Contributing To The Development Of The Nation

181 Years Of Contributing To The Development Of The Nation »

26 Mar, 2020

The Ceylon Chamber of Commerce completed 181 years of serving the private sector and contributing to the national economy, on 25 March 2020.

World Bank Group and the International Monetary Fund Regarding A Call to Action on the Debt of IDA Countries

World Bank Group and the International Monetary Fund Regarding A Call to Action on the Debt of IDA Countries »

25 Mar, 2020

The World Bank Group and International Monetary Fund have issued the following joint statement to the G20 concerning debt relief for the poorest countries.

Aquafresh partners with Eco-spindles to fortify commitment to sustainability

Aquafresh partners with Eco-spindles to fortify commitment to sustainability »

25 Mar, 2020

Sri Lanka’s preferred bottled water brand, Aquafresh – a product of Access Natural Waters, announced a benchmark partnership with Eco-spindles, a leading local monofilament producer, in a concerted effort to reduce, recycle and reuse the plastic waste in Sri Lanka.

Shipping Industry Urges G20 to Keep Freight Flowing as Virus Hits Supply Chains

Shipping Industry Urges G20 to Keep Freight Flowing as Virus Hits Supply Chains »

25 Mar, 2020

LONDON/MILAN (Reuters) - Ships and their crews must be able to trade freely with minimal port restrictions to ensure supply lines don't freeze up while the coronavirus shuts down much of the globe, shipping and port officials said on Tuesday.

President instructs banks to remain open

President instructs banks to remain open »

25 Mar, 2020

President Gotabaya Rajapaksa has instructed commercial bank heads to keep their branches open as required. It is a measure for facilitating trade and other important activities, the Media Division of President said.

Year-on-year inflation increased to 8.1 percent in February 2020

Year-on-year inflation increased to 8.1 percent in February 2020 »

25 Mar, 2020

Headline inflation as measured by the year-on-year (Y-o-Y) change in the National Consumer Price Index (NCPI, 2013=100)1increased to 8.1 per cent in February 2020 from 7.6 per cent in January 2020.

How to Understanding Market Halts?

How to Understanding Market Halts? »

25 Mar, 2020

Halting trading of the market due to an extreme decline in a particular index during the day, as a result of the share prices falling rapidly, is a measure that is implemented by stock markets around the world.

International Monetary Fund sees pandemic causing global recession in 2020, recovery in 2021

International Monetary Fund sees pandemic causing global recession in 2020, recovery in 2021 »

25 Mar, 2020

The coronavirus pandemic will cause a global recession in 2020 that could be worse than the one triggered by the global financial crisis of 2008-2009, but world economic output should recover in 2021, the International Monetary Fund said on Monday.

Dialog’s e-Working, e-Learning and e-Health Solutions to empower Sri Lankans during COVID-19

Dialog’s e-Working, e-Learning and e-Health Solutions to empower Sri Lankans during COVID-19 »

25 Mar, 2020

As the global pandemic crisis intensifies, Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, remains committed to keeping Sri Lanka connected during these challenging times.

Dow Jones Records Largest One-Day Gain Since 1933 as Stocks Surge

Dow Jones Records Largest One-Day Gain Since 1933 as Stocks Surge »

25 Mar, 2020

Stocks surged on Tuesday as the Dow recorded its largest one-day gain since 1933, driven by expectations of an economic stimulus package from Congress to offset the effects of the Wuhan coronavirus pandemic.

Rubber industry urge Government to make rubber an essential sector

Rubber industry urge Government to make rubber an essential sector »

25 Mar, 2020

Rubber exporters have made a request from the Government to make it an essential service during this crucial time as the sector provides its products to the medical industry and the agriculture sector.

“Online Shopping to Thrive Under Huawei AppGallery’’, Kavan Marambe – Daraz

“Online Shopping to Thrive Under Huawei AppGallery’’, Kavan Marambe – Daraz »

25 Mar, 2020

Online shopping has become a global trend and an integral part of many people’s lives. Both sellers and customers have identified it to be very convenient, as it provides the luxury of ordering items to one’s doorstep and running an e-commerce store at home.

NCE commends Government for COVID-19 steps

NCE commends Government for COVID-19 steps »

25 Mar, 2020

The National Chamber of Exporters of Sri Lanka (NCE) which serves and represents Sri Lankan enterprises in the vital export sector, has appreciated the apt measures initiated by the Government to overcome the challenges the country faces due to the COVID 19 Pandemic.

CSE Market Holidays from 25 to 27 March 2020

CSE Market Holidays from 25 to 27 March 2020 »

24 Mar, 2020

In view of the extension of the ongoing curfew in the districts of Colombo, Gampaha and Puttalam, the Colombo Stock Exchange has declared the period from 25th to 27th March 2020 as market holidays.

Beard Papa’s opens 2nd outlet at WTC, plans to expand footprint in Colombo

Beard Papa’s opens 2nd outlet at WTC, plans to expand footprint in Colombo »

24 Mar, 2020

Having marked its initial presence at the Lower Ground Level of the One Galle Face Mall, Shangri-La, Colombo, on November 8, 2019, Beard Papa’s launched its second outlet at Level 3, West Tower, World Trade Centre (WTC), Colombo, on February 14, 2020.

Annual International TISSL Conference concludes

Annual International TISSL Conference concludes »

24 Mar, 2020

The 7th Annual International TISSL (The International Schools of Sri Lanka) Conference for Heads of Schools; the only annual conference of the nature in Sri Lanka concluded at Marriot Resort and Spa Hotel, Weligama in November.

Headline: 7th Annual International TISSL Conference concluded Successfully

Headline: 7th Annual International TISSL Conference concluded Successfully »

24 Mar, 2020

The 7th Annual International TISSL (The International Schools of Sri Lanka) Conference for Heads of Schools; the only annual conference of the nature in Sri Lanka concluded successfully at Marriot Resort and Spa Hotel, Weligama in November.

Lanka Hospitals awards certificates to qualified caregivers

Lanka Hospitals awards certificates to qualified caregivers »

24 Mar, 2020

Lanka Hospitals, held a certificate awarding ceremony for a group of youth who completed the professional caregiver training programme at the Lanka Hospitals Training Academy. The students who completed the programme are now eligible for employment as professional, independent caregivers in Japan.

Uber Eats to empower 1,000 Sri Lankan women in 2020

Uber Eats to empower 1,000 Sri Lankan women in 2020 »

24 Mar, 2020

Scales up Diviyata Diriya initiative for women and members of other marginalised communities To mark International Women’s Day, Uber Eats today pledged to scale up the number of Sri Lankan women entrepreneurs on its platform from 100 to over 1,000, by the end of 2020 as part of its Diviyata Diriya initiative, which enables equal access to flexible economic opportunities for women and other marginalised communities.

Prima Ceylon says no shortage of wheat flour in the country

Prima Ceylon says no shortage of wheat flour in the country »

24 Mar, 2020

Prima Ceylon (Private) Limited (PCL), the primary producer and supplier of wheat flour in the country, assured that there was no shortage of stocks.

HUTCH supports the Government in Encouraging Work from Home introducing a number of Special Initiatives

HUTCH supports the Government in Encouraging Work from Home introducing a number of Special Initiatives »

24 Mar, 2020

The Government has recognized the importance of isolating the population to stop the spread of the COVID-19 virus by driving Work from Home initiatives.

The Emirates Group’s business response to COVID-19

The Emirates Group’s business response to COVID-19 »

24 Mar, 2020

Since the COVID-19 outbreak began, Emirates and dnata have been adapting operations in line with regulatory directives as well as travel demand.

NDB volunteers empower citizens through ‘ManKiwwa’ Mobile App

NDB volunteers empower citizens through ‘ManKiwwa’ Mobile App »

24 Mar, 2020

Environmental degradation occurs daily in Sri Lanka on a wide and unprecedented scale. Citizens face numerous issues due to environmental pollution with no proper mechanism to bring this to the attention of the relevant authorities.

Pan Asia Bank spreads joy of reading with ‘Day of Charity’

Pan Asia Bank spreads joy of reading with ‘Day of Charity’ »

24 Mar, 2020

The staff of Pan Asia Bank has come together in support of a worthy cause under the banner ‘Day of Charity’ that is aimed at putting books on the hands of underprivileged children living across Sri Lanka.

HNB FINANCE clinches gold at SLT Zero One Awards

HNB FINANCE clinches gold at SLT Zero One Awards »

24 Mar, 2020

HNB Finance underscored its credentials in the digital realm with an imperious performance at the SLT Zero One Awards, sweeping gold awards for the Overall Best Website or Microsite as well as the Best Digital-Integrated Campaign and Best Website or Microsite from the financial sector.

EDB Chief Calls On Govt. To Extend Financial Moratorium To All Exporters

EDB Chief Calls On Govt. To Extend Financial Moratorium To All Exporters »

24 Mar, 2020

The Government should extend the financial moratorium to all exporters, as merchandise exports will be the first to bounce back after the COVID-19 crisis is controlled, a top official said.

How responsible businesses can step forward to fight coronavirus?

How responsible businesses can step forward to fight coronavirus? »

24 Mar, 2020

The many layers to the COVID-19 crisis are unfolding in front of our eyes. Our political leaders, financial institutions and global governance structures are being severely tested. Their job is made all the harder by low levels of public trust and broken social contracts in many parts of the world.

Fitch Revises Outlook for APAC Non-Life Sector to Negative Due To COVID-19

Fitch Revises Outlook for APAC Non-Life Sector to Negative Due To COVID-19 »

24 Mar, 2020

President Gotabaya Rajapaksa directs the legal experts and the Department of Prisons to look into ways of granting some relief to the prisoners who were charged with minor offenses and those who are unable to meet their bail conditions.

Completion Risk Rating Criteria

Completion Risk Rating Criteria »

24 Mar, 2020

This criteria report specifies Fitch Ratings’ methodology for assigning new and monitoring existing credit ratings and Issuer Default Ratings (IDRs) for entities exposed to completion risk globally.

SLIIT Partners PRI to bring rubber research to international standards

SLIIT Partners PRI to bring rubber research to international standards »

23 Mar, 2020

The Plastics and Rubber Institute of Sri Lanka (PRI) recently entered into a partnership with the Sri Lanka Institute of Information Technology (SLIIT) for the institute’s graduates and undergraduates to be a part of their Finite Element Analysis and Simulation Center (FEAS Center). The Center was established by PRI, to support the industry with the facility to do analysis especially in the area of Finite Elements (FE).

LAN launches Sri Lanka’s first Angel Fund to invest in local startups countrywide

LAN launches Sri Lanka’s first Angel Fund to invest in local startups countrywide »

23 Mar, 2020

The Lankan Angel Network (LAN) has launched Sri Lanka’s first Angel Fund, established with the support of ecosystem development partner Ford Foundation, to catalyse the growth of Sri Lanka’s startup ecosystem.

Iconic Developments successfully concludes Lanka Property Show 2020 as Gold Partner

Iconic Developments successfully concludes Lanka Property Show 2020 as Gold Partner »

23 Mar, 2020

Leading infrastructure developer Iconic Developments, developer of Iconic 110 and Iconic Galaxy in Rajagiriya, successfully concluded its stint as the Gold Partner for the largest real estate event the Lanka Property Show 2020.

PIM conducts Executive Development Programme

PIM conducts Executive Development Programme »

23 Mar, 2020

The Postgraduate Institute of Management (PIM), the Nation’s Management Mentor, strengthened its long-standing relationship with Hemas Manufacturing by conducting an Executive Development Programme (EDP) focusing on the areas that mattered a lot for the company’s overall productivity.

Sri Lanka to set up crude oil price stabilization fund

Sri Lanka to set up crude oil price stabilization fund »

23 Mar, 2020

Co-cabinet spokesman Bandula Gunawardane said Sri Lanka will set up a crude oil price stabilization fund to absorb shocks in global price fluctuations without changing the local oil prices.

RPCs commit to increase monthly earnings to Rs. 25,000 with productivity link, Unions yet to agree

RPCs commit to increase monthly earnings to Rs. 25,000 with productivity link, Unions yet to agree »

23 Mar, 2020

Business News: Breaking its silence on deadlocked proposals around estate sector wages, The Planters’ Association of Ceylon issued a statement clarifying

Coca-Cola sustains its commitment to Water Stewardship with latest water tank rehabilitation project in Monaragala in partnership with ACTED

Coca-Cola sustains its commitment to Water Stewardship with latest water tank rehabilitation project in Monaragala in partnership with ACTED »

23 Mar, 2020

Coca-Cola Beverage Sri Lanka (CCBSL) Ltd., along with the Coca-Cola Foundation, partnered with ACTED, the international NGO, in October 2018 to rehabilitate the Samurdhi Tank in Galahitiya village in Monaragala District, Uva Province and therein support the Parakum Farmers’ Organisation (FO) and the Ekamuthu Women’s Farmers’ Organisation (WFO) in Monaragala.

General Motors, Ford and Fiat Chrysler to temporarily close all US factories due to the coronavirus

General Motors, Ford and Fiat Chrysler to temporarily close all US factories due to the coronavirus »

23 Mar, 2020

Detroit’s Big Three automakers plan to temporarily close all U.S. factories as the coronavirus sweeps across the country.

Key Takeaways From The Ceylon Chamber Webinar On Covid-19: Are We Prepared?

Key Takeaways From The Ceylon Chamber Webinar On Covid-19: Are We Prepared? »

23 Mar, 2020

In line with the Ceylon Chamber of Commerce’s initiative to tackle how the new Coronavirus affects industries and businessmen, the Ceylon Chamber hosted an interactive webinar on COVID-19: Are We Prepared?

CBSL requested all banks to open for 2 hours on 23rd March in curfew lifted areas

CBSL requested all banks to open for 2 hours on 23rd March in curfew lifted areas »

22 Mar, 2020

Central Bank of Sri Lanka (CBSL) has requested all Licensed Commercial Banks and Licensed Specialised Banks to keep their branches open at least for two (2) hours on the 23rd March 2020 in the areas where police curfew is lifted to provide urgent banking services to the general public.

Hirdaramani’s H One launches all-encompassing digital factory-floor solution, Res.Q 2020

Hirdaramani’s H One launches all-encompassing digital factory-floor solution, Res.Q 2020 »

22 Mar, 2020

H One (Pvt) Ltd. -Sri Lanka’s leading full-service digital solutions provider, and IT arm of textile powerhouse Hirdaramani- has announced the launch of the newest module of the Res.Q product suite; an end-to-end program that sets out to optimise the operations of Sri Lanka’s booming apparel manufacturing industry.

Rakuten Viber is doubling the maximum number of group call to 10 participants at once in the wake of coronavirus in Sri Lanka

Rakuten Viber is doubling the maximum number of group call to 10 participants at once in the wake of coronavirus in Sri Lanka »

22 Mar, 2020

With the growing pandemic in the world due to the Covid 19 epidemic, countless people are being quarantined after exposure. Government organizations, health ministries have requested companies to consider adapting a work-from-home scheme to control the spread of the virus, and several have followed suit.

UiPath Named the Market Leader in Zinnov Zones for Hyper Intelligent Automation (HIA) – 2020 Rating

UiPath Named the Market Leader in Zinnov Zones for Hyper Intelligent Automation (HIA) – 2020 Rating »

22 Mar, 2020

UiPath, the Robotic Process Automation (RPA) giant, announced today that it has been rated as the market leader in the overall Hyper Intelligent Automation segment by Zinnov in their Zinnov Zones for Hyper Intelligent Automation – 2020 rating. UiPath has also been rated in the Leadership Zone in Use Case Discovery, Intelligent Document Processing, RPA Platforms, and Attended RPA segments.

Headstart opens up access to Guru.lk platform to combat schools lockdown due to COVID-19

Headstart opens up access to Guru.lk platform to combat schools lockdown due to COVID-19 »

22 Mar, 2020

Sri Lanka’s largest digital learning content platform Guru.lk has announced it is offering access to its vast resource of digitised material to schools and private tuition institutes whose regular classes have been suspended to retard the spread of the COVID-19 virus.

Trico, Strategic Insurance tie-up brings Risk-Liability Stability

Trico, Strategic Insurance tie-up brings Risk-Liability Stability »

22 Mar, 2020

Trico Logistics Limited (TLL), partnering with Strategic Insurance Brokers (SIB), announced the launch of a Marine Risk Insurance portal (tricologi.net) for all TLL customers who hail from a wide-ranging international client base. TLL will be the platform provider for the online solutions.

Billionaire Dhammika Perera joins battle against COVID-19 with a donation of Rs.70mn

Billionaire Dhammika Perera joins battle against COVID-19 with a donation of Rs.70mn »

22 Mar, 2020

Business leader Dhammika Perera has joined the battle against the spread of new coronavirus (COVID-19), with a pledge to donate from his personal funds Rs. 70 million worth of urgent healthcare facilities.

Colombo Stock Exchange (CSE) closed on 23rd and 24th March due to on going curfew

Colombo Stock Exchange (CSE) closed on 23rd and 24th March due to on going curfew »

22 Mar, 2020

In view of the extension of the ongoing curfew in the districts of Colombo, Gampaha and Puttalam, the Colombo Stock Exchange has declared 23rd and 24th March 2020 as market holidays.

Seven Media Group, the most awarded agency at SLT Zero One Awards

Seven Media Group, the most awarded agency at SLT Zero One Awards »

21 Mar, 2020

Seven Media created history once again emerging extremely successful at the recent SLT Zero One Awards for Digital Excellence 2018/19. For the second consecutive year, Seven Media dominated the award ceremony held in honor and recognition of excellence in digital initiatives over the past 12 months, racking up an impressive event-high 9 awards.

JKH offers Trinco Blu as quarantine centre

JKH offers Trinco Blu as quarantine centre »

21 Mar, 2020

John Keells Holdings has offered the 81-room Trinco Blu by Cinnamon in the east as a centre for quarantine to the Government if the need arises.

Three Sinha launches IKLO Industries for pre-engineered and pre-fabricated steel solutions

Three Sinha launches IKLO Industries for pre-engineered and pre-fabricated steel solutions »

21 Mar, 2020

Three Sinha has ventured in to yet another important sector to provide world class Pre-Engineered & Pre-Fabricated Steel Solutions with launching their new subsidiary, IKLO Industries. Today Pre-Engineered Steel Buildings and Polyurethane Injected Sandwich Panels are widely used in the world.

Seylan Bank Enters the Premier Credit Card Market With ‘VISA Signature’

Seylan Bank Enters the Premier Credit Card Market With ‘VISA Signature’ »

21 Mar, 2020

Seylan Bank continues to widen their credit card offerings with the recent unveiling of their VISA Signature Credit Card. This launch marks the beginning of their journey to embark within the premier credit card market.

Exchanges and CCPs support market participants in the face of the global coronavirus (Covid-19) economic shock

Exchanges and CCPs support market participants in the face of the global coronavirus (Covid-19) economic shock »

21 Mar, 2020

The World Federation of Exchanges (“WFE”), the global industry group for exchanges and CCPs, has today issued a statement on coronavirus (Covid-19) and current market volatility.

Fitch Ratings: APAC Banking Outlooks Negative as Coronavirus Heightens Risks »

21 Mar, 2020

Fitch Ratings-Hong Kong-20 March 2020: Fitch Ratings has revised the outlook for a further 10 APAC banking systems to negative, meaning that all 17 banking systems in the region are now assessed as having a negative sector outlook.

Fitch Ratings: New Rules to Accelerate NPL Recognition by Sri Lankan FLCs »

21 Mar, 2020

Tighter regulation in Sri Lanka on classification and measurement of credit facilities for finance and leasing companies (FLCs) will accelerate recognition of bad loans in 2020-2022,

Hemas offers Club Hotel Dolphin as quarantine centre

Hemas offers Club Hotel Dolphin as quarantine centre »

21 Mar, 2020

Hemas Holdings Plc has offered Club Hotel Dolphin in Negombo as a quarantine centre to the Government if the need arises, as part of wider public-private sector efforts to mitigate the spread of COVID-19.

ICTA hosts virtual meeting of the IT Industry to leverage Digital Technology for COVID-19 Management

ICTA hosts virtual meeting of the IT Industry to leverage Digital Technology for COVID-19 Management »

21 Mar, 2020

Information & Communication Technology Agency (ICTA) hosted a virtual meeting on 19th March, with the IT community of Sri Lanka to engage their expertise in leveraging digital technology in the management of Covid-19 response in Sri Lanka.

Citrus offers 150-room Waskaduwa resort for use as quarantine centre

Citrus offers 150-room Waskaduwa resort for use as quarantine centre »

21 Mar, 2020

The Board of Directors of Citrus Waskaduwa (Waskaduwa Beach Resort PLC) took into account the current crisis faced by the Nation and the world at large.

CA Sri Lanka members Tishan Subasinghe and V. Kanagasabapathy appointed to top committees of regional accounting body CAPA

CA Sri Lanka members Tishan Subasinghe and V. Kanagasabapathy appointed to top committees of regional accounting body CAPA »

20 Mar, 2020

Two high profile members of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), Mr. Tishan Subasinghe and Mr. V. Kanagasabapathy have been appointed to top committees of the Confederation of Asian and Pacific Accountants (CAPA), the regional organisation representing nearly 2 million accountants across Asia and Pacific.

Northshore Campus held its first Board of Governors meeting

Northshore Campus held its first Board of Governors meeting »

20 Mar, 2020

Northshore Campus held its first Board of Governors meeting on the 03rd of March to exchange views and discuss its highly ambitious plans for the future to be a top ranked higher educational institute in the country for graduate employability, academic and research excellence.

Daraz takes Avurudu excitement online with Avurudu Waasi

Daraz takes Avurudu excitement online with Avurudu Waasi »

20 Mar, 2020

Daraz, one of Sri Lanka’s leading e-commerce platforms, is offering an opportunity to do your avurudu shopping in the safety and comfort of your home with the exciting avurudu promotion ‘Avurudu Waasi’.

Crimson Bakery Opens First Standalone Outlet in Bellanthara

Crimson Bakery Opens First Standalone Outlet in Bellanthara »

20 Mar, 2020

A sub brand of LAUGFS Supermarkets, Crimson Bakery recently opened the doors to its first standalone outlet in the neighbourhood of Bellanthara, welcoming customers to experience freshly made sweet and savoury creations.

Arinma Holdings becomes the main team sponsor of the Royal College Rugby team

Arinma Holdings becomes the main team sponsor of the Royal College Rugby team »

20 Mar, 2020

SLIIT, a leading non-state higher education institute held its inauguration ceremony recently, marking an important milestone for students who began their new academic life.

Safe Labour Migration campaign reaches objective of creating increased awareness

Safe Labour Migration campaign reaches objective of creating increased awareness »

20 Mar, 2020

A national campaign on Safe Labour Migration was launched in January 2019 by the Ministry of Foreign Employment and the Sri Lanka Bureau of Foreign Employment, with the support of the Embassy of Switzerland in Sri Lanka.

IDEAL Motors introduces Mahindra Maxi Truck with ABS brakes

IDEAL Motors introduces Mahindra Maxi Truck with ABS brakes »

20 Mar, 2020

IDEAL Motors (Pvt) Ltd, Sri Lanka’s no. 1 company in the pickup market, especially in the above one tonne truck category, has introduced the newly Mahindra Maxi Truck complete with an improved Anti-Lock Brake System (ABS) to the local market recently.

British Council recognises Cambridge Assessment English Registration Centres

British Council recognises Cambridge Assessment English Registration Centres »

20 Mar, 2020

The British Council Sri Lanka hosted an awards ceremony recently, to recognize the top Cambridge Assessment English registration centers for their valuable contribution.

Arpico Insurance steps up to help fight COVID-19

Arpico Insurance steps up to help fight COVID-19 »

20 Mar, 2020

With the country facing growing challenges similar to that of many others parts in the world as the expanding coronavirus pandemic (COVID-19) continues, Arpico Insurance PLC,

‘Sri Lanka SMEs facing COVID-19 brunt’ – COSMI

‘Sri Lanka SMEs facing COVID-19 brunt’ – COSMI »

20 Mar, 2020

The Confederation of Micro, Small and Medium Industries (COSMI) said that they welcomed President Gotabaya Rajapaksa’s initiative to differ the recovery of loans to businesses and SMEs by banks by six month.

SEC responds to holidays declared by Government

SEC responds to holidays declared by Government »

20 Mar, 2020

The Securities and Exchange Commission of Sri Lanka (SEC) this yesterday had a meeting with the Board of Directors of the Colombo Stock Exchange (CSE)

Chambers Of Commerce And Industries Express Support For Government’s Response To Covid-19

Chambers Of Commerce And Industries Express Support For Government’s Response To Covid-19 »

20 Mar, 2020

We hereby release the contents of the letter addressed to H.E the President on Wednesday 18th March by the following Chambers of Commerce.

SLI in contingency mode due to Covid-19 »

20 Mar, 2020

Sri Lanka Insurance (SLI) in support of the Government initiative to prevent the spreading of Covid 19 virus has launched a series of initiatives to provide a safe continuous service to its customers.

HNB Assurance, HNB General Insurance to honour claims related to COVID-19

HNB Assurance, HNB General Insurance to honour claims related to COVID-19 »

20 Mar, 2020

HNB Assurance PLC and its fully owned subsidiary HNB General Insurance Limited will honor all claims both life and medical related to COVID-19.

Union Assurance to protect policyholders during COVID-19

Union Assurance to protect policyholders during COVID-19 »

20 Mar, 2020

Being an organization deeply committed to protect the health and wellbeing of its policyholders; Union Assurance PLC, has taken several measures to serve its customers during this Covid19 outbreak.

World Bank Group Increases COVID-19 Response to $14 Billion To Help Sustain Economies, Protect Jobs

World Bank Group Increases COVID-19 Response to $14 Billion To Help Sustain Economies, Protect Jobs »

19 Mar, 2020

The World Bank and IFC’s Boards of Directors approved today an increased $14 billion package of fast-track financing to assist companies and countries in their efforts to prevent, detect and respond to the rapid spread of COVID-19.

Moody’s revised 2020 forecasts highlight no growth in Japan and Singapore, slower growth in China, and contractions in Hong Kong

Moody’s revised 2020 forecasts highlight no growth in Japan and Singapore, slower growth in China, and contractions in Hong Kong »

19 Mar, 2020

Moody's Investors Service has revised its forecasts for most APAC economies on coronavirus implications, incorporating ongoing travel restrictions and heightened containment measures, as well as the recent oil price shocks

Sysco LABS Outlines Roadmap with “Blueprint 2020”

Sysco LABS Outlines Roadmap with “Blueprint 2020” »

19 Mar, 2020

Sysco LABS recently celebrated “Blueprint 2020,” a special event bringing together more than 450 employees at the Hilton Colombo Residences. The organization reflected on the achievements and transformation it has seen over the past few years since its acquisition by foodservice leader Sysco, as well as its plans for the future.

Hemas divesting travel and aviation assets to Acorn Partners for Rs.201Mn

Hemas divesting travel and aviation assets to Acorn Partners for Rs.201Mn »

19 Mar, 2020

Hemtours (Private) Limited, a 100% owned sub-subsidiary of Hemas Holdings PLC (HHL), has divested 80.1% stake in its Forbes Leisure Services (Private) Limited to Acorn Partners (Pvt)) Ltd, on March 13,2020 at a total consideration of Rs. 201 million, according to a stock filing.

BMICH and Mount Lavinia Hotel Facilitates CSR Programme for Colombo Uni Undergrads

BMICH and Mount Lavinia Hotel Facilitates CSR Programme for Colombo Uni Undergrads »

19 Mar, 2020

BMICH, Sri Lanka’s iconic landmark facilitated a programme on human resource management and personal etiquette on 11th February 2020 for the 3rd and 4th year undergraduates following the HR degree at the University of Colombo.

People’s Bank Annual Inter Branch / Department Quiz 2020 successfully concluded

People’s Bank Annual Inter Branch / Department Quiz 2020 successfully concluded »

19 Mar, 2020

The 17th Annual Inter Branch / Department Quiz programme organized by International Banking Division was successfully held at the Golden Rose, Boralesgamuwa recently with the participation of 102 teams. The objective of the quiz was to enhance the overall knowledge of the Bank’s staff.

Measures Adopted by Central Bank of Sri Lanka during the Public Holiday Period Announced by the Government

Measures Adopted by Central Bank of Sri Lanka during the Public Holiday Period Announced by the Government »

18 Mar, 2020

The Central Bank of Sri Lanka (CBSL) wishes to inform that the following measures have been adopted by CBSL during the public holiday period announced by the Government.

Coronavirus could cut global growth by 0.1% to 0.4%: ADB »

18 Mar, 2020

MANILA (Reuters): The Asian Development Bank (ADB) said on Friday the coronavirus outbreak is set to trim economic growth in developing Asia and around the world this year.

SEC to take measures to support stock market

SEC to take measures to support stock market »

18 Mar, 2020

The Members of the Commission of the Securities and Exchange Commission of Sri Lanka (SEC) convened a special meeting Thursday to assess the current situation in the stock market and determine what regulatory relief and assistance was needed to manage the impact arising from the global stock market downturn due to the panic triggered by the escalation of the Covid-19 outbreak.