Inflation declines to 5.4% in March 2020
Sri Lanka’s inflation, as measured by the change in the Colombo Consumers’ Price Index (CCPI), declined to 5.4% in March 2020 from 6.2% in February 2020, the Central Bank reported. This was due to the decline in the prices of…
Coronavirus the worst global crisis since WW II, says UN chief
The coronavirus pandemic is the worst global crisis since World War II, UN Secretary-General Antonio Guterres said Tuesday, expressing concern that it could trigger conflicts around the world. Guterres said that the scale of the crisis was due to “a…
East Asia and Pacific: Countries Must Act Now to Mitigate Economic Shock of COVID-19
The virus that triggered a supply shock in China has now caused a global shock. Developing economies in East Asia and the Pacific (EAP), recovering from trade tensions and struggling with COVID-19, now face the prospect of a global financial shock…
President’s COVID-19 relief fund receives Rs. 242mn in donations
With direct deposits and donations from organizations and individual donors, the COVID – 19 Healthcare and Social Security Fund’s balance surpasses Rs. 242 million, the President’s Media Division (PMD) said in a statement yesterday. (31) President Gotabaya Rajapaksa established this Fund…
Hayleys Group subsidiaries Haycarb, DPL and Eco Solutions collectively donate Rs. 10.6 mn in medical equipment to IDH
Stepping up its efforts to combat the COVID-19 pandemic, Hayleys Group subsidiaries – Haycarb PLC, Dipped Products PLC (DPL) and Eco Solutions delivered Rs. 10.6 million worth of urgently required medical and Personal Protective Equipment (PPE), towards the expansion of…
Hutch offers free daily relief reload of Rs. 15 to all its subscribers to help in mitigating the COVID 19 risk
Keeping true to its long devotion to the best interests of their customers, HUTCH has today introduced another key initiative ensuring continuity and access to telecommunication services at a time when the country is grappling with the COVID -19 crisis….
DIMO rewarded for the transparent disclosure of its commitment towards the nation’s sustainability
Sri Lanka’s leading conglomerate Diesel & Motor Engineering PLC (DIMO) was once more rewarded immensely at the annual ACCA Sri Lanka Awards for Sustainability Reporting 2019 which was held recently at the Cinnamon Grand Hotel, Colombo. While being the Overall…
Sri Lanka has enough food for several months to fight Coronavirus say agri ministry, count 97
Sri Lanka has enough food for several months, the Ministry of Agriculture said, while urging people not to crowd around shops when curfew imposed to combat Coronavirus is lifted as the Indian Ocean Island’s coronavirus count went to 97 overnight….
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