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Toyota Lanka goes digital with Toyota Sure & improved Service App
Toyota Lanka (Pvt) Ltd, the sole authorized distributor for Toyota vehicles and genuine spare parts in Sri Lanka, recently launched a comprehensive website for Toyota Sure certified vehicles which are approved by Toyota Motor Corporation and exported to Sri Lanka. The “Toyota Sure” website will be a platform for interested buyers to purchase authorized used-Toyota […]
‘s headline inflation decreased in March
Apr 22, 2020 (LBO) – Sri Lanka’s headline inflation as measured by the year-on-year change in the National Consumer Price Index has decreased to 7.0 percent in March 2020 from 8.1 percent in February 2020. As per the Statistics Department, this was driven by a monthly decrease in prices of the items in the Food […]
Sri Lankan consumer retail, construction, hotels most affected: Fitch Ratings
Apr 22, 2020 (LBO) – Fitch-rated Sri Lankan corporates in consumer goods retail, construction and hotels will be among the most affected by the coronavirus pandemic in Sri Lanka, says Fitch Ratings. Full statement Companies in consumer goods retail and construction-related activities also have lower rating headroom than in most other sectors. The ultimate impact […]
HSBC supports World Vision’s COVID-19 response
HSBC partnered with World Vision to provide dry ration packs to the most vulnerable families affected by the current emergency situation in the country, due to COVID-19. The project is being carried out as part of World Vision’s new match funding initiative ‘Every rupee you give is doubled’ – where the humanitarian organization will match […]
”; Outlook stable
Apr 21, 2020 (LBO) – Fitch Ratings Lanka has affirmed Standard Chartered Bank, Sri Lanka Branch’s (SCBSL) National Long-Term Rating at ‘AAA(lka)’. The Outlook is Stable. KEY RATING DRIVERS The affirmation reflects Fitch’s expectation of a high probability of support from parent, Standard Chartered Bank (SCB: A+/Negative/a), if required, subject to any regulatory constraints on […]
SriLankan Airlines special flights to bring back stranded in India, Pakistan and Nepal
Apr 21, 2020 (LBO) – SriLankan Airlines will operate special flights from India’s Amritsar, Coimbatore, Pakistan’s Karachi, Lahore and Nepal’s Kathmandu to bring home 433 Sri Lankan students who have been stranded overseas due to the prevailing travel restrictions imposed in view of the COVID 19 pandemic. These special flights are being operated as part […]
‘s exit strategy proposed by College of Community Physicians
Apr 21, 2020 (LBO) – The College of Community Physicians of Sri Lanka (CCPSL) proposes that a contingency plan needs to be executed by the “whole of government with whole of society”, once the stipulated objectives of containing the epidemic have been partly or fully achieved, which could maximize benefit or minimize damage. Objectives of […]
All liquor shops closed until further notice
Apr 21, 2020 (LBO) – The Government orders to close all liquor shops across the island until further notice. Dr. Haritha Aluthge, the Secretary, Government Medical Officers Association (GMOA) yesterday said that the closure of all liquor shops in the country will be essential to maintain discipline. He also requested people to prevent smoking, as […]
Sri Lanka remembers all those lives lost from Easter Sunday attacks
Apr 21, 2020 (LBO) – On this day, Sri Lanka remembers all those lives lost and changed forever in barbaric acts of violence one year ago. We share the grief of families who lost their loved ones and stand in solidarity with those countries which lost their nationals. (Ministry of Foreign Relations)
Yenlo achieves highest WSO2 reseller status as platinum VAR
Yenlo was named a WSO2 Platinum Value-Added Reseller in recognition of its success in growing global customer adoption and delivering best-in-class open source integration and API management solutions based on the WSO2 platform. Global integration specialist Yenlo today announced that the company is now a WSO2 Platinum Value-Added Reseller, the highest reseller status recognized by […]