Tag: lbo
”: 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 […]
National carrier brings down medical aid from China
Mar 30, 2020 (LBO) – SriLankan Airlines, uplifted a consignment of medical aid from Shanghai, China recently. This was a donation made by the Sri Lankan Community in China through the Consulate Generals of Sri Lanka in Guangzhou and Shanghai, facilitated by the Embassy of Sri Lanka in China. The consignment contained essential medical items […]
Update on curfew
Mar 29, 2020 (LBO) – The curfew in force in the districts of Colombo, Gampaha, Kalutura, Puttalam, Kandy and Jaffna will continue until further notice. In all other districts, curfew will be lifted at 6.00am tomorrow (30th Monday) and will be reimposed at 2.00pm on the same day. Traveling to and from all districts is […]
Connecting Sri Lanka to battle against global pandemic
Sri Lanka is facing one of the greatest challenges in its history as it battles the threat of COVID-19. The Government of Sri Lanka is leading the national effort, strongly supported by the nation’s health care workers, tri-forces and other essential service workers who are coming together in a combined effort to limit the impact […]
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
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. […]
CSE trading closed as both indices drop over 5-pct
Mar 20, 2020 (LBO) – Trading at the Colombo stock exchange closed at midday as the S&P SL20 index of more liquid stocks fell 11.90 percent or 262.42 points to 1.971.11. The All-share index also fell 6.22 percent or 303.10 points in early trade to 4,571.63. The market fell due to the fears of foreign […]
Sri Lanka Govt declares work from home week
Mar 19, 2020 (LBO) – The government has declared a period of work from home for both public and private sectors starting from March 20 to 27, the President’s media division said in a statement. March 20th to 27th declared as ‘Work from home week’ The government has taken every possible measure to contain the […]
Srilankan cancel flights to 31 destinations: Retains London, Melbourne, Chennai, Delhi & Narita
Mar 19, 2020 (LBO) – SriLankan Airlines has temporarily suspended services to several destinations following the partial shutdown of Bandaranayake International Airport. The full list follows: Kindly note SriLankan Airlines has cancelled following flights/destinations due to COVID-19 outbreak. hts/destinations due to COVID-19 outbreak. Kuwait (KWI) – from 07MAR to 28MAR Jedda (JED) – from 12MAR […]
CSE to remain closed
Mar 19, 2020 (LBO) – The Colombo stock market will remain closed for the fourth consecutive day Thursday although an announcement was made that the market will resume today. The market has been closed all week to assist in curbing the spread of COVID-19, and to ensure the safety of all market participants. This was […]
Measures adopted by CB during public holiday period
Mar 18, 2020 (LBO) – The Central Bank of Sri Lanka (CBSL) wishes to inform that the following measures have been adopted by CBSL during the public holiday period announced by the Government. REAL TIME GROSS SETTLEMENT OPERATIONS The Real Time Gross Settlement (RTGS) operations will be continued as usual. BANKING SECTOR OPERATIONS Banks have […]
‘s revised 2020 forecast highlight no growth in Japan and Singapore, slow-down in China
Mar 17, 2020 (LBO) – Moody’s Investors Service has revised its forecasts for most APAC economies on coronavirus implications, incorporating ongoing travel restrictions and heightened containment measures, as well as the recent oil price shocks. “Our baseline scenario assumes declining consumption levels and continuing disruptions to production and supply chains in the first half of […]