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COVID vaccination can prevent death and reduce severe disease: Prof. Asita de Silva
The Ceylon Chamber of Commerce had the privilege of having Professor Asita de Silva, Chairman of the National Medicines Regulatory Authority as the guest speaker at its monthly Committee Meeting recently. According to Professor de Silva, the primary objective of vaccination is to prevent death and to reduce severe disease. Healthcare workers, elderly and those with other […]
PAYable surpasses Rs.15Bn in transactions on platform
PAYable (Pvt) Ltd., Sri Lanka’s cashless payment solution provider, announced that it has processed 15 billion rupees in transactions on its platform to date. Commenting on the milestone, Yohan Wijesiriwardane, CEO and Co-founder of PAYable Sri Lanka said, “PAYable entering the cashless ecosystem in 2016 was a gamechanger; we disrupted the existing status, empowering MSME […]
‘s proposed senior debt
Fitch Ratings has withdrawn Seylan Bank PLC’s ‘A(lka)(EXP)’ expected rating, assigned on 21 August 2020, for its proposed senior debenture issuance. Fitch is withdrawing Seylan’s senior debt expected rating as it is no longer expected to convert to a final rating. We do not expect Seylan’s forthcoming senior debt issuance to proceed as previously envisaged. […]
SEC & CSE withdraw requirements applied on stockbrokers via latest circulars
The Colombo Stock Exchange and the Securities and Exchange Commission have decided to withdraw the requirements applied to the stockbroker firms via the latest circulars bearing number 04-03-2021 dated 08 March 2021 due to the system limitations and practical constraints regarding the submission of certain information. The Colombo Stock Exchange had been in discussions with […]
Melsta Hospitals Ragama becomes first to be accredited with a comprehensive IMS
Melsta Hospitals Ragama, part of Melsta Health which is a fully owned subsidiary of Sri Lanka’s leading diversified conglomerate Melstacorp PLC recently made history when it became the only healthcare institution in the country to be accredited with an integrated management system (IMS) comprising of four international standards; ISO 9001 :2015, ISO 22000:2018, ISO 14001:2015 […]
SUPERBOX.lk: Sri Lanka’s first end-to-end fully-integrated online supermarket
The country’s first ever end-to-end fully-integrated online supermarket specializing in grocery was recently launched to cater to households all over Sri Lanka. The service intends to deliver groceries & other items swiftly, conveniently& safely to the doorstep. SUPERBOX is geared to offer a wide range of products to customers across categories of fresh, chilled, frozen […]
Working remotely in the age of COVID: Who is left behind?
By Nisha Arunatilake and Chamini Thilanka The COVID-19 pandemic which was first reported in Sri Lanka in January 2020 has distressed the country’s labour market. According to the Department of Census and Statistics, with the onset of the pandemic, the labour force participation has decreased and the unemployment rate has increased, indicating reduced job openings. For example, the […]
Media Gender Charter for Sri Lanka launched
The Media Gender Charter (MGC) is a local initiative to guide media institutions in the need for a fair and equal gender portrayal within the media, inclusivity of gender issues in media content, and conducive working environments within media outlets. The document has been produced as a result of consultations with more than 200 journalists, […]
‘s earnings from exports reached USD 908Mn in January
As per the Customs statistics, earnings from merchandise exports recorded a negative growth of 9.64% in January 2021 with US$ 908.07 Mn compared to US$ 1,004.9 Mn recorded in January 2020. The exports which started to grow since last July continued the positive performance till September 2020 with minor contractions with reduced figures from October […]
First batch of COVID-19 vaccines from COVAX Facility arrive in Sri Lanka
Today, Sri Lanka received the first batch of COVID-19 vaccines from the COVAX facility. This delivery of 264,000 doses is part of the first wave of arrivals that will continue in the coming weeks and months; culminating in 1,440,000 doses arriving through May. The additional doses to cover 20% of Sri Lanka’s population will arrive […]