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Thailand Prime Minister leads National committee to promote 5G development
May 26, 2020 (LBO) – A 26-member National 5G Committee has been formed with Thailand Prime Minister Prayut Chan-o-cha as chairman to coordinate the 5G development and boost the digital economy in the country. The committee is also tasked with mitigating obstacles regarding the recall of unused spectrum, from state agencies for the National Broadcasting […]
Proposal to reopen Airports for tourists from August
May 26, 2020 (LBO) – The Task Force Committee entrusted with COVID – 19 control proposed to President to reopen airports for foreign tourists from 1st August as the country is gradually returning to normalcy. The Committee members pointed out that it is a remarkable achievement that not a single infected person was reported from […]
Seychelles HC clarifies on the arrival of 35 Seychelles nationals to Sri Lanka
STATEMENT from SEYCHELLES HIGH COMMISSION On behalf of the Government of Seychelles, we wish to place on record our gratitude to the Government of Sri Lanka, its Ministry of Foreign Affairs and Ministry of Health, for enabling the visit of a group of 35 citizens of Seychelles, 24 of whom require urgent medical care, of […]
Opinion: Building a resilient food system in Sri Lanka in an age of pandemic
Manoj Thibbotuwawa COVID-19 is dealing an unprecedented blow to economies around the globe and the health risk is only the tip of the iceberg. Among the many impending crises resulting from the pandemic, rising food insecurity due to lockdown measures is one of the most critical. The 2020 Global Report on Food Crises highlights that […]
Commercial Credit appoints D Soosaipillai as new Chairman
May 26, 2020 (LBO) – D Soosaipillai, a pioneer in the leasing and financial services industry both in Sri Lanka and overseas was recently appointed as the new Chairman of Commercial Credit. He succeeds Cecil Perera, a finance industry veteran and senior attorney-at-law who chaired the Board before him and retired after the regulatory 9 […]
Curfew only between 10 pm to 4 am from tomorrow onwards
May 25, 2020 (LBO) – Curfew will be effective only between 10 pm to 4 am daily in all the districts in the island from tomorrow onwards until further notice. Traveling between districts except in the two districts of Colombo and Gampaha will also be permitted from tomorrow, Tuesday, May 26th. The Government requests the […]
SLT clarifies situation regarding recent cyber attack on internal IT system
May 25, 2020 (LBO) – SLT says that they have detected an attempt of a cyber-attack, which has affected only a section of their internal IT systems. Releasing a statement, the telco firm said that their early warning systems detected the attempt, and precautionary measures with the shutdown of some servers have been implemented without […]
VIDEO: How do virus tests like PCR actually work?
A new virus emerges and spreads like wildfire. In order to contain it, researchers must first collect data about who’s been infected. Two main viral testing techniques are critical: one tells you if you have the virus and the other shows if you’ve already had it. So, how exactly do these tests work? Cella Wright […]
Sri Lanka seeks USD1.1bn special SWAP facility from India
May 24, 2020 (LBO) – President Gotabaya Rajapaksa yesterday asked Indian Prime Minister Narendra Modi to help Sri Lanka by providing a special SWAP facility of 1.1 billion US dollars to deal with country’s foreign exchange issues. “If the Government of India could provide USD 1.1 billion special SWAP facility to top up USD 400 […]
Central Bank cancels finance business licence of The Finance Company
May 22, 2020 (LBO) – Sri Lanka’s Central Bank has decided to cancel the finance business licence issued to The Finance Company (TFC), in terms of the FBA with effect from today. Accordingly, TFC is not permitted to engage in Finance Business under the Finance Business Act No.42 of 2011 (FBA) with effect from such […]