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Post-Pandemic future; jobs in the pharma industry are evolving
By Sri Lanka Chamber of the Pharmaceutical Industry Pharmaceutical companies are witnessing changes in operations across the board, and events brought about by the pandemic have compelled pharmaceutical companies to reimagine the role of its medical pharmaceutical representatives, to better adapt to the new rules of engagement. In Sri Lanka, there are currently over 3500 […]
Opinion: Positive happenings in Sri Lanka in 2021
By Asela Atukorala Sri Lanka is unfortunately in a sad state right now with its biggest problem being the third wave of the COVID-19 pandemic. There is also the X-Press Pearl ship tragedy which is causing a serious marine environmental disaster as well as the floods and landslides. As a comfort to these difficult times, […]
Uber Eats triples area served by groceries to supply essentials and help combat COVID
: Uber Eats today announced it has tripled the area served by its grocery delivery service so residents can access supplies such as fresh fruits, vegetables, dairy products, poultry, rice, grains, pulses, tea, coffee and more at their doorstep and help Sri Lanka roll back COVID. The demand for groceries on Uber Eats has doubled […]
PM Mahinda meets with Omani investors
Prime Minister Mahinda Rajapaksa met with an Omani investors delegation from Shumookh Investment and Services SAOC which is the investment arm of Madayn – The Public Establishment for Industrial Estates of the Sultanate of Oman, at Temple Trees on 21 June, 2021 in Colombo. The Omani delegation comprised of Ambassador of Oman to Sri Lanka Al-Sheikh Jumah Hamdan Al-Shehhi, […]
Central Bank expects at least USD 1.4bn inflows to Sri Lanka by August
While there may be short-term fluctuations in foreign reserves in the period ahead due to debt servicing of the Government, adequate financing strategies have been lined up to maintain reserves at sufficient levels, through inflows to the country, Governor of the Central Bank, Professor W D Lakshman said. Releasing a statement, he said that inflows […]
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Fitch Ratings has assigned Commercial Bank’s proposed Sri Lankan rupee-denominated Basel III-compliant subordinated debentures of up to LKR10 billion an expected National Long-Term Rating of ‘A(EXP)(lka)’. The debentures, which have maturities of five and seven years, will be listed on the Colombo Stock Exchange. The bank plans to use the proceeds to further strengthen its […]
President to address the nation tomorrow
President Gotabaya Rajapaksa’s special address to the nation will be telecast/broadcast tomorrow (25) at 8.30 pm on all television channels and radio networks, the President’s Media Division said.
Bar Association of Sri Lanka raises concerns over presidential pardon given to Duminda Silva
The attention of the Bar Association of Sri Lanka (BASL) has been drawn to a pardon given by the President to Duminda Silva, a prisoner who was convicted for unlawful assembly and murder by a High Court at Bar, which was unanimously affirmed by a Divisional Bench of the Supreme Court headed by the then […]
Risks for Sri Lankan Banks May Rise on End of Restriction on ISB Investments: Fitch Ratings
The end of the suspension on Sri Lankan banks’ investments in international sovereign bonds (ISBs) issued by the Sri Lanka sovereign (CCC) has the potential to increase banks’ exposure to sovereign and foreign-currency funding and liquidity risks, says Fitch Ratings. Banks’ credit profiles are already significantly exposed to the sovereign, with Fitch-rated Sri Lankan banks […]
Port City Colombo donates 20 laptops to Colombo Municipal Council for use at vaccination centers
Port City Colombo donated 20 laptop computers to the Colombo Municipal Council (CMC) to be used at vaccination centers, in support of the Council’s ongoing public vaccination drive against COVID-19. Mr. Jiang Houliang, Managing Director of CHEC Port City Colombo, handed over the laptops to the Mayor of Colombo, Her Worship Rosy Senanayake today (17) […]