The Board of Directors of the Colombo Stock Exchange (CSE) has decided to close the market on 23rd & 24th In view of the extension of the ongoing curfew in the districts of Colombo,Gampaha and Puttalam. Accordingly, the market will be closed on 23rd & 24th March 2020, CSE noted. The government decided to extend the…
As the number of confirmed COVID-19 coronavirus cases continues to rise, something else is starting to happen around the world – entrepreneurs, businesses and multimillionaire philanthropists are pledging their support. Sri Lankan Billionaire Dhammika Perera has also joined this battle against preventing the spread of COVID-19 in the country, with a pledge to donate from…
Third corporate announce willingness to temporarily release hotels for quarantine purposes John Keels Holdings (JKH) has offered to use one of its resort in Trincomalee (Trinco Blu by Cinnamon)as a Quarantine Center by the government to Prevent Covid – 19 on a temporary basis if the need arises. JKH Chairman Krishan Balendra has written to President…
Hemas Holdings Plc has offered to use one of its subsidiary Club Hotel Dolphin in Negombo as a Quarantine Center by the government to Prevent Covid – 19 on a temporary basis if the need arises. The company has communicated the offer to Army Commander and National Operation Centre for Prevention of COVID-19 Outbreak Chairman Lieutenant…
The Jack Ma Foundation and Alibaba Foundation today announced plans to donate much-needed medical supplies to 10 more countries in Asia to help the global fight against COVID-19. The governments of Afghanistan, Bangladesh, Cambodia, Laos, Maldives, Mongolia, Myanmar, Nepal, Pakistan and Sri Lanka will receive a donation totaling 1.8 million masks, 210,000 COVID-19 test kits,…
The Board of Directors of Citrus Waskaduwa (Waskaduwa Beach Resort PLC) took into account the current crisis faced by the Nation and the world at large. The Board noted that the occupancies of the hotels in the Citrus Group have dropped to a bare minimum and considering the global and local travel restrictions, it would…
Exporters and export oriented manufacturing companies in Sri Lanka have requested authorities to facilitate their exports which are facing certain hurdles owing to the imposed in the country. Exporters state that they are ready with export goods in their factory premises and that they are holding container release orders from the shipping line addressed to…
Sri Lanka Tourism Industry has initiated a 24/7 Facilitation Centre to assist Tourists, especially departing passengers in their travel queries, Hotel Accommodation issues, and to provide any information at this difficult situation of the Corona Virus (COVID -19) which has made a devastating impact globally, killing over 8000 worldwide. The Sri Lanka Association of Inbound…
We hereby release the contents of the letter addressed to H.E the President on Wednesday 18th March by the following Chambers of Commerce: The Ceylon Chamber of Commerce, Chamber of Young Lankan Entrepreneurs, The National Chamber of Commerce, , Federation of Chambers of Commerce and Industry of Sri Lanka, National Chamber of Exporters of Sri…
According to the daily exchange report of the Central Bank of Sri Lanka (CBSL), the buying rate of a US dollar stood at Rs.185.38 today (20) whilst selling rate of a US dollar stood at Rs.189.87. Accordingly, this is the first time in Sri Lankan history that the buying rate of a US dollar has exceeded…
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