All Blogs
‘ risks to persist despite regulatory measures: Fitch Ratings
Apr 08, 2020 (LBO) – Fitch Ratings believes that the extraordinary regulatory measures announced by the central bank – focusing on the relaxation of capital expectations and classification of loans for banks – should relieve immediate pressure on the banks’ financial profiles, but will not prevent medium-term deterioration. Statement from Fitch Ratings Fitch recently revised […]
Sri Lanka introduces new mechanism to issue curfew passes
Apr 07, 2020 (LBO) – Sri Lanka’s Government has implemented a new mechanism to issue curfew passes. It has been observed that excessively number of people gather at Police Stations to obtain curfew passes during curfew periods. Such large gathering of people is a major hindrance to Coronavirus mitigation activities. In this context, under the […]
CIM announces significant changes to its Chartered status
Apr 07, 2020 (LBO) – The Chartered Institute of Marketing (CIM) has announced significant changes to its Chartered status, the marketing industry’s most prestigious accreditation. The changes represent a shift in the skills required of marketers today and will provide businesses with an up to date indicator when it comes to appointing qualified marketing talent. […]
WhatsApp introduces limit to message forwarding
With billions of people unable to see their friends and family in person due to COVID-19, people are relying on WhatsApp more than ever to communicate. People are talking to doctors, teachers, and isolated loved ones via WhatsApp during this crisis.That’s why all your messages and calls on WhatsApp are end-to-end encrypted by default to […]
Curfew, Lock down and Economic Livelihoods
By Sharhan Muhseen 6th April 2020 National policymakers have been grappling on the right balance between lockdowns (total or partial) and maintaining a functioning economy to safeguard the livelihood of its citizens and viability of its corporate sector. Whilst no solution seems optimal, the need for a well-orchestrated recovery strategy is central to avoid a […]
Sri Lanka curfew update
Apr 06, 2020 (LBO) – The curfew currently in force in the districts of Colombo, Gampaha, Kalutara, Puttalam, Kandy and Jaffna which have been designated as high risk zones will remain effective until further notice. In all other districts, curfew which was lifted at 6.00am today, Monday the 6th and was reimposed at 2.00 pm […]
COVID-19 prevention program proceeds with professional expertise: President
Apr 06, 2020 (LBO) – Presided by President Gotabaya Rajapaksa, a discussion took place at the Presidential Secretariat to review the progress of the COVID-19 prevention program and to decide on the steps needed to take this program forward. President of Government Medical Officers Association Dr. Anuruddha Padeniya analyzed the manner this virus had affected […]
Foreign Ministry acts on missions abroad to ensure welfare of citizens
Apr 06, 2020 (LBO) – The Ministry of Foreign Relations, sensitive to the concerns of the OSLs amidst the rapid spread of the COVID-19 and the inability to return to Sri Lanka, has held consultations over the past 2 days with its Heads of Missions based in 67 cities across the world, The meeting facilitated the […]
‘s Hatch and LAN gear up to launch first fintech accelerator
Apr 06, 2020 (LBO) – In April 2020, Hatch in partnership with Lankan Angel Network (LAN) and through the support of the Ford Foundation, will officially launch the first chapter of its start-up accelerator programme ‘HatchX’, establishing Sri Lanka’s first fintech accelerator. The programme’s strategic partner will be the Fintech Association of Sri Lanka (FASL). […]
Chamber Academy hosts first Work-From-Home webinar
Taking the lead in empowering the private sector during COVID-19, the Chamber Academy of the Ceylon Chamber of Commerce in collaboration with FITIS and LK Domain Registry, hosted a webinar for over a hundred participants, on how to successfully work from home (WFH). The webinar covered an introduction to working from home, and the communication […]