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‘s Institute of Medical Sciences bringing medical careers and care to the Northern Province
By Jekhan Aruliah During the 2020 COVID-19 “Corona” Virus pandemic we really loved our health workers. We all loved them because COVID-19 hit everyone. Not through infection but through curfews. Businesses closing, shopping & socializing banned, incomes lost, economic hardship, and the stress of being locked in with our loved ones. Diseases are usually suffered […]
‘s future direction for raising debt in international markets
By Shamika Ramanayake: National debt and fiscal stability are two stretch-words often reverberating over during these pandemic/crisis times. As governments all around the world are pushing their boundaries to salvage national economies and avoid damaging spillover effects, especially on vulnerable sections such as small & medium business holders, entrepreneurs, labour markets, etc., such measures are […]
SEC Chairman calls on Central Bank Governor
Jun 14, 2020 (LBO) – The Chairman of the Securities and Exchange Commission (SEC) Viraj Dayaratne PC, paid a courtesy call on Professor W.D. Lakshman, Governor of the Central Bank recently. He was accompanied by Director-General of the SEC, Chinthaka Mendis. This meeting provided an opportunity for the Governor and the Chairman to share and […]
ADB approves USD3Mn grant to assist Sri Lanka’s response to COVID-19
Jun 12, 2020 (LBO) – The Asian Development Bank (ADB) has approved a $3 million grant from its Asia Pacific Disaster Response Fund (APDRF) to further assist Sri Lanka in its response to the novel coronavirus disease (COVID-19) pandemic. The grant, which is financed by the Government of Japan and was approved on 2 June, will fund […]
Housing for middle and low income families a priority: President
Jun 12, 2020 (LBO) – President Gotabaya Rajapaksa instructed the officials of the State Development and Construction Corporation to pay attention to the construction of housing schemes for middle and low income families. President gave this directive at a meeting to review the progress of the State Development and Construction Corporation held at the Presidential […]
PUCSL to fine-tune externality, social and environmental cost of thermal power generation
Jun 12, 2020 (LBO) – The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator, is all set to fine-tune the externality cost – social and environmental cost, that Sri Lanka incurred due to power generation from thermal power plants which discovered through, the study named “Estimation of External Cost of Thermal Power […]
Foreign Ministry helps local exporters overcome adverse impact of COVID 19
Jun 12, 2020 (LBO) – Comprehensive measures taken by the Ministry of Foreign Relations, in close coordination with the key Government Economic Agencies and the private sector to address and mitigate the impact of COVID 19 particularly on Sri Lankan exports, has helped in sustaining and regaining lost markets for traditional Sri Lankan exports, while […]
ComBank launches special loan scheme for COVID-19 affected micro businesses
The Commercial Bank of Ceylon has announced the launch of another Bank-funded loan scheme, this time to assist micro enterprises affected by the COVID-19 pandemic, in a continuing demonstration of the Bank’s commitment in supporting Sri Lanka’s post-pandemic economic recovery. The second Bank-funded loan scheme launched by the country’s benchmark private sector bank in the […]
Technical assistance grant of Euro 11 mn from Germany
Jun 10, 2020 (LBO) – An agreement was signed by the Government of Sri Lanka with the Government of Germany today to obtain a technical assistance grant of Euro 11 million to implement three projects. Vocational Training in Sri Lanka – Euro 7 million: This Project aims at providing demand-oriented cooperative vocational training for young […]
PR Wire expands into insights and intelligence services
Expanding its Strategic Public Relations offering, PR Wire, a leading Public Relations Consultancy, launched PR Wire Intel™, delivering powerful business insights leading to intelligence and decision making. Most businesses having identified the importance of solutions which help in decision making and are gradually turning towards services that would assist in realizing and understanding its market, […]