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No decision should be taken outside the Constitution – Maha Sangha emphasise
Apr 27, 2020 (LBO) – President Gotabaya Rajapaksa enlightened the Maha Sangha on the measures taken by the Government to control the spread of COVID – 19 virus and their progress during a meeting held recently. President explained about the control of the spread, quarantine process, reliefs granted to people and future measures to revive […]
Sri Lanka COVID cases cross 500 : Island-wide curfew imposed today
Apr 27, 2020 (LBO) – Sri Lanka’s COVID-19 cases rose to 523 as the Government yesterday cancelled leave of all armed forces personnel and extended countrywide curfew. Meanwhile, issung a statement the Presidents office said the curfew is in order to facilitate officers of the security forces who are on leave to report back to […]
Opinion: Building wealth amid COVID-19
By Blue Ocean Group of Companies Time in the Market Is Better Than Timing the Market The COVID-19 pandemic has swept across the world, not merely spreading disease but diffusing tough luck for the global economy, global health, our communities, our economies and our investments in a forceful defensive stance. Hastily the real estate and […]
Advocata commends increase in testing: Calls on Govt to review purchasing tests
Apr 27, 2020 (LBO) – The Advocata Institute has previously highlighted the importance of expanding testing capacity with the engagement of the private sector. The government’s decision to increase the country’s testing capacity to 1000 tests a day, by utilising the capacity that exists in private hospitals is commendable. On the 22nd of April, the […]
Tip to boost visibility of your LinkedIn profile
By Chathurika Jayawardana, Founder, Career Kit If you already have a LinkedIn profile, now is a great time to boost your visibility, while everyone is wandering on social media. LinkedIn being THE largest professional social network today, with over 610 million professional users, has a powerful audience, to connect, engage, network, and influence. It’s the most […]
Dialog Axiata pledges Rs. 200Mn for ICU capacity development
Apr 26, 2020 (LBO) – Dialog Axiata pledged 200 million rupees for urgently required ICU capacity development in hospitals selected by the Ministry of Health (MOH). This will be utilised for expanding healthcare systems to provide critical care services and provide accessibility to intensive care for patients. There is an ever-increasing requirement to expand the […]
Govt. issues regulations to maintain normalcy in civilian life during curfew
The ongoing curfew in the districts of Colombo, Gampaha, Kalutara and Puttalam will remain in force till 5.00am on Monday, May 04th. In all other districts, curfew will be lifted at 5.00am on Monday, the 27th April and will be re-imposed at 8.00pm on the same day. In these districts, curfew will be effective from […]
Hambantota Port urges importers to clear vehicles without delay
Apr 25, 2020 (LBO) – Hambantota International Port (HIP) is ready to move over five thousand vehicles out of the port in the next few days, following a directive by the government that the port should remain clear for essential services. Full statement HIP had previously informed all stakeholders, in their letter, that demurrage costs […]
Union Bank to cease its operations as a Primary Dealer
Apr 24, 2020 (LBO) – Monetary Board of the Central Bank of Sri Lanka has granted approval for Union Bank of Colombo to cease its operations as a Primary Dealer with effect from 01 May 2020. Union Bank will continue to function as a Dealer Direct Participant in the LankaSettle system and transact in scripless […]
WTO, IMF call on countries to remove recent trade restrictions
Apr 24, 2020 (LBO) – The World Trade Organization (WTO) and The International Monetary Fund (IMF) call on governments to refrain from imposing or intensifying export and other trade restrictions and to work to promptly remove those put in place since the start of the year. Releasing a joint statement on trade and the COVID-19 […]