Author: LBO Admin
Foreign Ministry statement on death of Sri Lankan National in Switzerland
Mar 27, 2020 (LBO) – The Sri Lanka Embassy in Berlin has informed the Ministry that the Swiss authorities have confirmed that the Sri Lankan aged 59 years who died in Switzerland on 25 March had tested positive for COVID-19. The deceased was from Punkuduthivu in Northern Province and held residence permit in Switzerland
Opinion: Shut-downs need not be curfews
By Aneetha Warusavitarana On the 12th of March the World Health Organisation (WHO) declared the new coronavirus, COVID-19 to be a pandemic. With cases in Sri Lanka reaching over a 100, the government of Sri Lanka has taken several measures to prevent the spread of this disease. One such measure was enforcing an island-wide curfew. […]
Dialog’s e-working, e-learning and e-health solutions to empower SL
As the global pandemic crisis intensifies, Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, remains committed to keeping Sri Lanka connected during these challenging times. Dialog is fully prepared and dedicated to maintaining business continuity of its telecommunication infrastructure and digital services for all its stakeholders, be it consumers, enterprises, business partners, or the Government. […]
Central Bank, commercial banks, insurance services declared as essential services
Mar 26, 2020 (LBO) – President Gotabaya Rajapaksa has included the Central Bank of Sri Lanka, commercial banks, insurance services, and the Treasury in the category of essential services. Health and security services, Police, distribution of goods, customs, electricity, water, and fuel supply are the other services declared as essential. Accordingly, the Secretary to the […]
‘s banking sector outlook to negative on Coronavirus
Mar 26, 2020 (LBO) – Fitch Ratings has revised Sri Lanka’s banking sector outlook for 2020 to negative as the coronavirus pandemic poses increased risks to the anticipated expansion in the economy and credit demand, which will adversely affect the performance of the banks. Full statement Fitch Revises Sri Lanka’s Banking Sector Outlook to Negative […]
Work from home period extended
Mar 26, 2020 (LBO) – In order to strengthen the efforts of the Government to prevent the spread of COVID – 19 virus in the country, the duration from March 30th to April 03rd had been declared as a work from home period. This will apply to all State, semi-government and private sector entities except […]
Curfew imposed in Western Province to be in force until further notice
Mar 26, 2020 (LBO) – The curfew imposed in the districts of Colombo, Kalutara, and Gampaha, which have been identified as High-Risk Zones in view of the spread of COVID -19 will continue to be in force until further notice, the President’s Media Division said. The ongoing curfew in the districts of Puttalam, Vavuniya, Mannar, […]
WB, IMF call on bilateral creditors to suspend debt payments from IDA countries
Mar 25, 2020 (LBO) – World Bank Group and the International Monetary Fund call on all official bilateral creditors to suspend debt payments from IDA countries that request forbearance. 76 countries are currently eligible to receive IDA resources.Bolivia, Sri Lanka, and Vietnam graduated from IDA at the end of FY17, but will receive transitional support […]
‘s President calls on international donor agencies to grant debt moratorium
Mar 25, 2020 (LBO) – Sri Lanka’s President Gotabaya Rajapaksa requests international donor agencies to provide a debt moratorium or debt deferment facility to all vulnerable developing nations to the COVID – 19 risks. President had urged Director-General of the World Health Organization to forward this request to multi-lateral and bilateral lending agencies. President points […]
VIDEO: Traders question circuit breakers; here is why
Circuit breakers were created as guardrails for wild market moves, but as investors exit stocks amid widening economic damage, some question how well they work.
Colombo, Gampaha, Kaluthara identified as high-risk zones
Mar 24, 2020 (LBO) – Districts of Colombo, Gampaha, and Kaluthara have been identified as high-risk zones in view of the spread of COVID-19. Large crowds in shops had been observed after curfew was lifted this morning in three districts. Health officials fear that this, in turn, could lead to a wider and faster spread […]
Sri Lanka announces relief measures as country battles with COVID19
Mar 24, 2020 (LBO) – Sri Lanka’s government has announced a number of relief measures to people undergoing various hardships due to the prevailing situation brought on by the Coronavirus. Accordingly, the President has directed the Governor of Central Bank, the secretaries of all ministries, chief secretaries of all provincial councils and the heads of […]