The Ceylon Chamber of Commerce submitted a proposal to the government on how to manage passenger transport safely as government considers exit strategies from the current curfew status. The working paper was formulated by the Sub Committee on Passenger Transport of the National Agenda Committee (NAC) of Logistics and Transport. The proposal examines establishing a…
Reiterates commitment to protect health of workers, resident estate community from COVID-19 Calls for unity among stakeholders in the face of unprecedented challenges Estimates 40% drop in production solely resulting from unprecedented 3 month drought Commends RPCs for systematic resumption of work with only 4 days interruption Expresses gratitude to industry for success of first…
The strategy formulated to revive the economy and to ensure the return of normalcy while reducing measures put in place to counter COVID-19 will be announced during the weekend, the President’s Media Division (PMD) said yesterday (16). Meeting with the Secretaries to Ministries on Wednesday(15) at the Presidential Secretariat, President Gotabaya Rajapaksa discussed rebuilding the…
The Board of Investment said yesterday (16) that approved companies can gradually recommence operations while strictly adhering to Ministry of Health guidelines. In a statement, BOI noted that it will facilitate the process and urged companies to contact ranjithd@boi.lk for the guidelines to obtain the required curfew passes. The resumption of companies by the BOI…
The COVID-19 Healthcare and Social Security Fund that was initiated by President Gotabaya Rajapaksa received another donation of Rupees fifteen million five hundred thousand from the Lanka Gem Dealers and Miners Association (LGDMA). This contribution was made by the LGDMA to support the fund by helping the efforts of the Government to fight the Covid-19…
Specially flown down testing kits were donated by Jack Ma and Alibaba Foundations Alibaba Group, the parent company of Daraz Sri Lanka, has been one of the groups at the forefront in the worldwide fight against COVID-19 through continuous supplies of medical support to Asia, Africa, Europe and North America. Following the donation of 100,000…
The lockdown and its aftermath are set to raise all sorts of issues for the construction industry that is already in trouble. Hence, as the way forward for the industry, the Ceylon Institute of Builders appeal to the government to support the badly affected construction entrepreneurs and companies. Firstly, the industry requests the government to…
Considering the challenges faced by listed companies in complying with rules regarding the submission of Annual Reports and Interim Financial Statements as a result of the COVID-19 pandemic, the Colombo Stock Exchange (CSE) has decided to extend financial report submission and enforcement action deadlines applicable to Sri Lankan listed companies as a temporary relief measure….
Sri Lanka should consider asking lenders like China to waive off loans, former Prime Minister Ranil Wickremesinghe said during an exclusive interview with Indian global news network – WION news. Responding to a query that if Sri Lanka would do the same as Pakistan by asking loan waivers from lenders including China, Wickremesinghe said : “We can ask…
President Gotabaya Rajapaksa chaired a meeting at the Presidential Secretariat on Wednesday (15) to explore the possibility of immediate resumption of day-to-day economic activities at provincial levels in order to safeguard the national economy. Several representatives of the health sector including all the Provincial Directors of Health briefed the President on current situation in the…
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