ADB: COVID-19 to slowdown Sri Lanka’s economic growth to 2.2% this year
The ADB in its latest report, Asian Development Outlook (ADO) 2020 released on Friday (3) forecasted 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…
Huawei Ranks No.1 in 2019 Data Center Interconnect Market Share Outside of North America
Omdia, a leading market research institute, recently released analysis of 2019 Data Center Interconnect (DCI) vendor market shares. Based on this latest Omdia data, Huawei calculates its market share of all-optical DCI equipment (Huawei DC OptiX) across the three regions…
Hutch Pays Heed to Customer Feedback offering 100% Anytime Data without Night Time Quotas
In a significant announcement made today, Hutch has started offering its subscribers 100% Anytime Data packages without any night time quotas. Customers will no longer have to wait till midnight to access their night time quotas and be worried of…
Microimage unveils MiHCM for Microsoft Teams
As businesses around the world take steps to ensure that their employees are connected and engaged, MiHCM has announced the release of MiHCM HR for Microsoft Teams to empower companies to manage their remote workforce. The company also extended the…
Over Rs. 32 million from Fonterra to support communities and the Nation in the fight against COVID-19
Continuation of milk purchasing ensures safeguarding of local dairy farmer livelihoods Multiple initiatives are under way by Fonterra Brands Sri Lanka, the company behind Anchor, to support the country’s efforts to combat the COVID-19 pandemic and help sustain affected communities….
SriLankan Airlines implements cost saving measures to ensure survival of National Carrier & livelihoods of employees
The Chairman and Board of Directors of SriLankan Airlines are ever mindful of their duty to protect the country’s economic interests, livelihoods of the employees of the SriLankan Family and are making every effort to ensure the business continuity of…
ADB, UNICEF join forces to supply emergency medical equipment to support Sri Lanka’s COVID-19 response
A $100,000 (LKR 18.17 million) grant from the Asian Development Bank (ADB) has funded the purchase of emergency medical supplies through the United Nations Children’s Fund (UNICEF) in support of Sri Lanka’s ongoing response to the novel coronavirus (COVID-19) pandemic….
PickMe can do more: Full fleet of 40,000 vehicles underutilised says CEO
PickMe says its full fleet of 40,000 vehicles which is ready to be utilised for the delivery of essentials in the country is currently underutilised. “Currently, we have the full strength of cars, three-wheelers, and motorcycles spread across the country…
Sri Lankan government and Uber Eats partner to deliver essential supplies
Groceries now available through Uber Eats App The government of Sri Lanka and Uber are joining forces to deliver essential supplies as part of efforts to slow the spread of COVID-19 in the country. Uber Eats will enable people to…
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…
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