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Identify potential future risks and strive with vigilance: President
May 12, 2020 (LBO) – President Gotabaya Rajapaksa has stressed the importance of perseverance without faltering in the battle against COVID-19 while maintaining public life and economy alive at the same time.The President noting that the entire country has commenced economic activities emphasized that no room should be left for a famine to follow the pandemic. […]
Living with (and life after) COVID-19
An article by Tharaka Balasuriya COVID-19 will drastically change the manner in which we live, work, communicate and interact. The degree of change induced in society will be beyond the impact of the virus. As of yet, there is no definite scientific conclusion as to when the pandemic is expected to end, although most mathematical […]
CSE trading closes after S&P SL 20 drops over 10-pct
May 11, 2020 (LBO) – The Colombo Stock Exchange (CSE) closed trading for the day after the S&P SL 20 index dropped over 10 percent from the previous close. The market was closed within a few minutes of trading as per the new directive issued by the Securities and Exchange Commission. SEC introduced a Three […]
RIU hosts webinar on current real estate market
May 11, 2020 (LBO) – Research Intelligence Unit (RIU) webinar discusses current real estate market, building resilience and exploring new opportunities.
‘s Banking and Financial sector: Advocata
May 11, 2020 (LBO) – The Advocata Institute hosted an online discussion on Zoom with Yvette Fernando (Assistant Governor, Central Bank of Sri Lanka), Manil Jayesinghe (President, Institute of Chartered Accountants of Sri Lanka), Roshan Abeygoonewardena (Chairman, Finance Houses Association of Sri Lanka), Jonathan Alles (CEO, Hatton National Bank); moderated by Murtaza Jafferjee (Chair, Advocata […]
WHO and DFAT donate vital equipment and supplies to fight COVID-19 in Sri Lanka
May 11, 2020 (LBO) – The World Health Organization (WHO) handed over a donation of essential laboratory equipment, hospital equipment, personal protective equipment, and consumables to the Government of Sri Lanka to address the COVID-19 crisis. The procurement, of over 800,000 USD, focused on equipment that is essential to effectively controlling COVID-19 in Sri Lanka. […]
3D virtual tours of Cinnamon Life and TRI-ZEN apartments launched
May 11, 2020 (LBO) – John Keells Properties has announced that in order to accommodate prospective buyers moving forward with their apartment searches, it is using virtual reality technology to provide virtual tours of show units for its two upcoming residential developments, Cinnamon Life and TRI-ZEN. With respect to the government’s stay-at-home directive in order […]
Emirates Group announces 2019-20 results
Group records 32nd consecutive year of profit of AED 1.7 billion (US$ 456 million) Group revenue of AED 104 billion (US$ 28.3 billion) impacted by planned Dubai International airport (DXB) runway closure in Q1 and COVID-19 pandemic in Q4 Ends year with solid cash balance of AED 25.6 billion (US$ 7.0 billion) Emirates reports a profit of AED 1.1 […]
Curfew in Colombo & Gampaha to be in force despite resumption of work
May 10, 2020 (LBO) – Resumption of civilian life and work, while curfew is in force in the districts of Colombo and Gampaha, will commence tomorrow as previously scheduled, the President’s Media Division (PMD) said. The PMD said in a statement that the conditions included in previous announcements regarding the resumption of normal life will […]
Colombo Stock Exchange to recommence trading tomorrow
May 10, 2020 (LBO) – The Colombo Stock Exchange will recommence its operations on Monday in line with the decision made by the government to relax curfew regulations in the Western Province. Accordingly, the pre-open session will be from 10.30 to 11.00 a.m. with the open auction beginning at 11.00 a.m. Regular trading will commence […]