Opinion: COVID-19 and foreign exchange woes: Can Sri Lanka find a way out?

Bilesha Weeraratne Growing pressure on Sri Lanka’s scarce foreign exchange resources, due to the wide spread of COVID-19 across the globe, is now more real than ever before. To ease this pressure, the Central Bank of Sri Lanka (CBSL) has taken many measures to attract as well as retain more foreign exchange in Sri Lanka. […]

Dialog extends critical connectivity solutions to IDH Hospital

Apr 20, 2020 (LBO) – In an effort to support medical professionals and essential medical services during the ongoing COVID-19 crisis, Dialog Axiata PLC, Sri Lanka’s premier connectivity provider extended free critical connectivity solutions for video conferencing facilities and Internet access to support the medical staff at IDH – the central healthcare institution spearheading the […]

Opinion: Emerging narratives for a post-lockdown society

By Abhishek Hariharan The fear of contagion has struck deep, and some things will perhaps never go back to the way they were. Here are some possible narratives and changing paradigms that could emerge in a post-COVID-19 world: 1. Performative Hygiene As it turns out, it is age-old, basic and mundane practices like handwashing that […]

VIDEO: Discussion on impact of COVID-19 on Sri Lankan export industry

The Advocata Institute hosted an online discussion featuring Ashroff Omar (CEO, Brandix), Dilhan Fernando (CEO, Dilmah Tea), Romesh David (CEO, SAGT) and Prabhash Subasinghe (Chairman, Sri Lanka Export Development Board), moderated by Murtaza Jafferjee (CEO, JB Securities). The discussion covered the current challenges faced by Sri Lankan businesses and route to recovery, with a special […]

Smoking cessation in Sri Lanka: A silver lining in COVID-19 crisis?

Chathurga Karunanayake As the deadly COVID-19 pandemic threatens the entire world, claiming thousands of lives and disrupting economic activities, it would be wise to look at the role smoking cessation could play in the response. According to the World Health Organization (WHO) and the Government Medical Officers’ Association (GMOA), smokers are at a higher risk […]

PUCSL extends electrical and plumbing issues

Apr 14, 2020 (LBO) – A special service to provide solutions for electrical systems and plumbing issues of households during the curfew period which has already been launched in the western province is now being extended to other districts of Sri Lanka.  This service is jointly implemented by the Sri Lanka Police, National Water Supply […]

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 […]

‘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). […]

Daraz can bring expertise from its parent company Alibaba during this time of crisis and potentially service 10,000 households daily

Daraz, Sri Lanka’s largest e-commerce platform, ordinarily connects thousands of sellers to millions of consumers across the country. Now, however, the scalability and scope of the e-commerce giant’s platform and logistics expertise have urgent applications that will sustain the people in these uncertain times – the delivery of essential goods every day to Sri Lankan […]

‘s growth prospects, Projected to fall to 2.2-pct in 2020: ADB

Apr 03, 2020 (LBO) – The Asian Development Bank’s (ADB) flagship annual economic publication, the Asian Development Outlook (ADO) 2020, forecasts significant headwinds for Sri Lanka’s economy as it fights the spread of COVID-19, which comes less than 12 months after the terror attacks in April 2019. Sri Lanka’s economic growth is projected to fall to […]

ComBank deploys mobile units in curfew areas

Apr 01, 2020 (LBO) – The Commercial Bank of Ceylon of Ceylon has announced it is deploying its ‘Bank-on-Wheels’ Mobile ATM units in areas where curfews are in force, to provide urgently needed access to cash to members of the public. The Bank said a schedule containing details of the locations and times that these […]

”: Economic impact of COVID-19 on Sri Lanka

Kithmina Hewage Over a quarter of the world’s population is currently under movement restrictions. For the first time in recent human history, coronavirus has shattered the myth that the economy must come first. While public health concerns, undoubtedly, should take precedence over all other considerations when dealing with the COVID-19 pandemic, it would be unwise […]

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