Sri Lanka Telecom (SLT) has extended their expertise to the Commercial High Courts of Sri Lanka with the introduction of a new Virtual Hearing Solution. The new online platform was developed by Sri Lanka Telecom (SLT) in partnership with the Colombo Law Library. This new online platform is to ensure that Courts continue functioning unhindered…
Prime Minister Mahinda Rajapaksa in his capacity as the Minister of Finance, presented the second reading of the Appropriate Bill for the year 2020 in parliament today (12). The complete speech made by the Premier as follows:
With the COVID – 19 pandemic coming in waves throughout 2020, certain industries have come to a complete standstill causing considerably slower growth in advanced and emerging economies. The first nine months of this year has therefore been one of the most challenging periods in recent times. Inevitably, the Sampath Bank’s financial results too suffered…
Globalization and digitalization are driving online shopping and worldwide shipping to new heights whilst Covid-19 accelerates e-commerce boom DHL Express’s global network expects more than 50% increase in volumes during 2020 peak season, compared to 2019 DHL Express is prepared: More than 10,000 additional hires, new aircraft, and significantly increased operations capacity through annual investments…
Year to Date (YTD) Revenue Growth +1%, EBITDA and PAT Out Pace Revenue at +4% and +3% respectively due to diligent cost management Direct and Indirect Taxes, Fees and Levies Paid to GoSL: Rs13.8Bn Continuing Capex Investments in High Speed Broadband and Other Infrastructure: Rs12.0Bn Dialog Axiata PLC announced, Wednesday 11th November 2020, its consolidated…
The Committee on Parliamentary Business has decided to debate the Appropriation Bill for 2021 for 21 days post presenting it in Parliament on the 17th of November. Accordingly, the Secretary General of Parliament Dhammika Dasanayake stated that the Second Reading of the Appropriation Bill will be debated from the 18th to the 21st and the Vote…
Two local workers and four Chinese employed at another CHEC project in Kotahena, Colombo 13, who were temporarily residing in one of the accommodation facilities at the Port City Colombo construction site, tested positive for COVID-19, during the testing for all staff,” CHEC Port City Colombo said in a statement today (11). “This accommodation facility…
The full statement as follows: With reference to media reports regarding identification of COVID-19 cases at our construction site on Galle Face, we would like to clarify that these cases have been identified at the accommodation facilities of the workers of sub-contractors to our General Contractor Larsen & Toubro Ltd. (L&T) and not at the construction…
The Inter-Ministerial Task Force on Industrial and Enterprise and the Task Force on Economic Rehabilitation and Poverty Alleviation had discussed the issues relating to the metal industry and had subsequently decided to restrict the export of scrap copper, aluminum, stainless steel, high carbon iron, brass, tints, scrap aluminum blocks and zinc blocks with immediate effect, with…
The 20th Sri Lanka Economic Summit organised by the Ceylon Chamber of Commerce will be held on the 1st and 2nd December 2020 in a virtual format for the first time in its history. The theme of the Summit is ‘Roadmap for Take-Off: Driving a People-Centric Economic Revival’. The country’s foremost economic summit will see…
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