Sophos study of 900 business decision makers indicates COVID-19 accelerated period of digitisation and was a catalyst for improving cybersecurity Sophos, a global leader in next-generation cybersecurity, today announced the findings of the second edition of its survey report, The Future of Cybersecurity in Asia Pacific and Japan, in collaboration with Tech Research Asia (TRA)….
Government ministers from the UAE, Bahrain, Saudi Arabia, UK, Nigeria, and Kenya, came together to discuss how the world can bridge the geographical gap in vaccine distribution. The Chair of the Executive Board at WHO, Group Medical Director of International SOS, Director-General of the Red Cross, Regional Director of IATA in Africa & Middle East…
Business sentiment picks up as economic activity shows signs of a slight recovery Sri Lanka recently received its first shipment of 264,000 vaccines of the Oxford-AstraZeneca vaccine as part of the interim allocation of 1.44 million doses to be received from the COVAX Facility in stages until May. This brings the number of doses available…
The two-part series of online forums themed ‘Beyond Basics: Excellence in Corporate Governance’ hosted by the Colombo Stock Exchange (CSE) was successfully concluded recently, offering representatives of listed companies an in-depth understanding on the importance of good corporate governance practices and how it would increase investor confidence through transparency and accountability. The event was attended…
Air cargo carrier transported more than 220 tonnes of COVID-19 vaccines on over 150 flights to over 50 destinations In the run up to World Health Day (7 April), Emirates SkyCargo has become the first airline cargo carrier in the world to have transported more than 50 million doses of COVID-19 vaccines on its flights….
Under the Patronage of Hon. Ajith Nivard Cabraal, State Minister of Money & Capital Markets and State Enterprise Reforms held a discussion on the provision of Doing business index prepared by the World Bank at the Ministry of Finance premises Thursday (01). In 2010, Sri Lanka was ranked 105th in the index. By 2014, the…
Powered by Dialog Axiata PLC (“Dialog”), Genie, Sri Lanka’s first PCI-DSS-certified payment app has cemented a major milestone moment on its journey in establishing itself as the biggest payment processing network in Sri Lanka through the achievement of over Rs. 10 billion worth transactions. With more and more customers falling reliant on smart devices, Genie…
The Colombo Stock Exchange (CSE) has approved an application by the Ceylon Electricity Board (CEB) to issue Senior Unsecured Listed Redeemable Rated Debentures at an Issue Price of Rs. 100 amounting to a potential capital raising of up to Rs. 20 Billion. The debentures will be issued for period of 5 years with a fixed…
The Central Bank of Sri Lanka has issued a statement to the general public. This announcement is issued regarding the holding of foreign currency in hand and accepting foreign currency as earnings from business activities in Sri Lanka. The announcement is as follows,
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2013=100) increased to 4.1 per cent in March 2021 from 3.3 per cent in February 2021. This was due to the statistical effect of the low base prevailed in March 2020. Meanwhile, Food inflation (Y-o-Y) increased to 9.6 per…
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