All Blogs
Norwegian Ambassador opens Sri Lanka’s first floating solar plant
Jan 27, 2020 (LBO) – Sri Lanka’s first-ever floating solar plant with a capacity of 42KW located at the Kilinochchi campus of the Jaffna University was opened by the Norwegian Ambassador Trine Jøranli Eskedal. The project is a result of the research collaboration since 2017 between the University of Jaffna and the Western Norway University […]
Uber Eats to launch in third Sri Lankan city – Negombo
Uber Eats, one of the world’s leading food delivery networks, will soon launch its operations in its third Sri Lankan city – Negombo. With a global presence in more than 500 cities across the world, UberEats has grown and expanded to be a market leader in Sri Lanka, where it collaborates with many delivery and […]
Opinion: How technology shapes apparel sector supply chains: Shifting to nearshoring and reshoring
Nipuni Perera Advances in technology have made nearshoring – the practice of shifting production operations to a nearby country closer to the end market – and reshoring – bringing back offshore production back to the home country – more viable for apparel manufacturers, compared to offshoring production to far-away, developing countries. For instance, ‘SewBots’ – […]
‘s National Rating at AA+; withdraws rating
Jan 27, 2020 (LBO) – Fitch Ratings has affirmed and withdrawn Sri Lanka-based National Savings Bank’s (NSB) National Long-Term Rating of ‘AA+(lka)’ with a Negative Outlook. Fitch has chosen to withdraw the rating for commercial reasons. KEY RATING DRIVERS NSB’s National Long-Term Rating reflects Fitch’s expectation of extraordinary state support stemming from its policy mandate […]
National action committee on Coronavirus meets today
Jan 27, 2020 (LBO) – A committee comprising of 22 highly qualified medical experts appointed by the Health Ministry to prevent the spread of the new Coronavirus in Sri Lanka is due to meet today. The National Action Committee (NAC) was appointed by Health Minister Pavithra Wanniarachchi on the instructions given by President Gotabaya Rajapaksa. […]
Epidemiology Unit advises public to adhere to standard health measures
Jan 27, 2020 (LBO) – Sri Lanka’s Epidemiology Unit advises the public to adhere to standard health measures needed for the prevention and control of respiratory infections including novel coronavirus infection. They are: • Avoid crowded places. • Frequently clean hands with soap and water or alcohol based hand rubs. • When coughing and sneezing […]
Status of Sri Lankans residing in Wuhan, China
Sri Lanka Embassy in Beijing today, submitted an application to land a Sri Lankan Airlines aircraft in Wuhan city airport to airlift 32 Sri Lankan students including their family members. The Embassy is closely following up with the Foreign Ministry of China and Foreign Affairs Office of the Wuhan Province to expedite the process of […]
SriLankan Airlines facilitates return of Sri Lankan students in China
Jan 26, 2020 (LBO) – Acting swiftly on the instructions of the President in the light of the Coronavirus pandemic, SriLankan Airlines has taken steps to facilitate the return home of Sri Lankan students who are currently in China. The national carrier said it is immediately providing a 50 percent discount to students who wish […]
| WEF DAVOS 2020
What fiscal and monetary measures are necessary to mitigate an economic downturn in 2020? On the Forum Agenda: Reassessing geopolitical risks Impact of climate change Prioritizing inclusive growth Speakers: Zhu Min, Steven Mnuchin, Olaf Scholz, Kristalina Georgieva, Haruhiko Kuroda, Christine Lagarde (- The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum […]
UN-backed Sri Lanka industry diagnostic initiative rolled-out in Colombo
A high level team from United Nations Industrial Development Organization (UNIDO), Vienna joined by no less than the UN Resident Coordinator Sri Lanka launched the next phase of Sri Lanka industry revolution on 24 January in Colombo. An upbeat UNIDO said that it is impressed by the feedback received by Sri Lankan industries for its […]