Local oil palm industry ready to support govt. domestic agriculture drive: POIA

May 04, 2020 (LBO) – Sri Lanka’s oil palm cultivators can provide tangible support to the government’s efforts to promote local agriculture and import substitution as a response to the impact of the COVID-19 pandemic on the national economy, the sector’s apex industry association has said. In a statement, the Palm Oil Industry Association (POIA) […]

WHO convenes manufacturers, regulatory authorities meet on COVID-19 vaccines

May 04, 2020 (LBO) – Gearing up for the much needed COVID-19 vaccines, the World Health Organization recently organized a meeting of vaccine manufacturers and national regulatory authorities from its South-East Asia Region. “The manufacturing capacity that exists in our Region is of the quality and scale required to produce and roll-out a COVID-19 vaccine globally. […]

Resumption of civilian life and office work begins from May 11

May 04, 2020 (LBO) – While the curfew is in force in the districts of Colombo, Gampaha, Kalutara and Puttalam, the resumption of civilian life and state and private sector activities will begin from Monday, 11th May, the Presidents office said. In order to ensure return to normalcy in civilian life and to revive the […]

Central Bank extends deadline for submitting requests for debt moratoriums

May 01, 2020 (LBO) – Sri Lanka’s Central Bank has extended the deadline (30.04.2020) for submitting requests for debt moratoriums and 4 percent per annum refinancing facility for two months working capital, until 15 May 2020. The decision has been taken after considering the difficulties faced by some customers of financial institutions affected by the […]

Mobitel empowers Sri Lanka Police with hi-tech body cameras

As part of supporting the nation’s fight against COVID-19, Mobitel, Sri Lanka’s National Mobile Service Provider introduced the latest Body Cameras to Sri Lanka Police at an event held at the Police Park Headquarters recently. The landmark event which took place under the patronage of the Senior Deputy Inspector General (DIG) of Sri Lanka Police, […]

MAS: Engagement to fight COVID-19 crisis through our manufacturing

Apr 29, 2020 (LBO) – Sri Lanka’s MAS joins in the global efforts to contain the spread of COVID-19, protect the healthcare givers at the frontlines and give hope through the expertise of manufacturing apparel and performance wear. Committed as always, to do the right thing, to protect and provide for our people and the […]

Clearing of vehicles from Hambantota port slow

Apr 28, 2020 (LBO) – The clearance of cars at the Hambantota Port is slow, and the port is concerned that they would not meet the April 30th deadline for clearing imported vehicles. “No vehicles were cleared over the weekend, and the number cleared on Monday was 203 while port dues have been paid for […]

Opinion: Building wealth amid COVID-19

By Blue Ocean Group of Companies Time in the Market Is Better Than Timing the Market The COVID-19 pandemic has swept across the world, not merely spreading disease but diffusing tough luck for the global economy, global health, our communities, our economies and our investments in a forceful defensive stance. Hastily the real estate and […]

Advocata commends increase in testing: Calls on Govt to review purchasing tests

Apr 27, 2020 (LBO) – The Advocata Institute has previously highlighted the importance of expanding testing capacity with the engagement of the private sector. The government’s decision to increase the country’s testing capacity to 1000 tests a day, by utilising the capacity that exists in private hospitals is commendable. On the 22nd of April, the […]

Dialog Axiata pledges Rs. 200Mn for ICU capacity development

Apr 26, 2020 (LBO) – Dialog Axiata pledged 200 million rupees for urgently required ICU capacity development in hospitals selected by the Ministry of Health (MOH). This will be utilised for expanding healthcare systems to provide critical care services and provide accessibility to intensive care for patients. There is an ever-increasing requirement to expand the […]

Webinar on handling personal stress of employees and customers

The Chamber Academy of the Ceylon Chamber of Commerce will be hosting a webinar with licensed psychologist, George F. Rhoades Jr. Ph.D, on how to handle personal stress, and the stress of employees, customers, and clients in a time of natural disaster. Whether teams are working remotely or practicing social distancing in the office, overall […]

SL appoints Presidential task force on economic revival and poverty eradication

Apr 23, 2020 (LBO) – President Gotabaya Rajapaksa has appointed a Presidential Task Force in charge of Economic Revival and Poverty Eradication. It has been established under the powers vested in the President by the Constitution. The Task Force is responsible for reviving the economy and eradication of poverty while paying special attention to the […]

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