The Colombo Stock Exchange has approved in principle the application for the listing of ordinary voting shares and ordinary non-voting shares of HNB Finance Limited on the Diri Savi Board. Accordingly, ordinary voting shares will be listed by way of an offer for sale and non-voting shares by way of introduction. HNB Finance Limited is…
Acting swiftly on the instructions of His Excellency the President, Gotabaya Rajapaksa, in the light of the Coronavirus pandemic, SriLankan Airlines has taken steps to facilitate the return home of Sri Lankan students who are currently in China. The National Carrier is immediately providing a 50% discount to students who wish to return on the…
China is struggling with a new virus that has already killed more than 20 people. It is a serious health issue. The World Health Organization has called it an emergency for China, though not for the world, not so far at least. Inevitably, it will have economic consequences. But how severe and how far will…
Huawei, innovative smartphone manufacturer, recently announced an admirable 5G smartphone shipment sale of over 6.9 million units for the year 2019, in addition to offering end-to-end 5G solutions. The strong sales reflect Huawei’s relentless commitment to 5G R&D and reinforce Huawei’s leadership in 5G technology. In 2019, Huawei brought 5G to consumers through the launch…
Topline: As Chinese authorities look for ways to contain the Wuhan coronavirus, these are all the businesses and tourist attractions that have shut their doors in response to the spreading virus that’s raised fears amid the upcoming Lunar New Year. With more than 870 people infected and 26 deaths from the coronavirus as of Friday morning,…
Officially Inaugurated by HE President Gotabaya Rajapaksa Sri Lanka’s first “National Centre for Children with Disabilities”, was officially inaugurated to serve the many children with disability, whose families hitherto had no source of solace. The momentousoccasion was graced by the First Citizen of the Country H E President Gotabaya Rajapakse. Disability has been recognized as…
Australian Associated Press – Macquarie’s chief executive and her predecessor are among 60 present and former staff to be named as suspects by German authorities, the Australian bank said, as Germany’s biggest post-war fraud probe into sham trades unfolded. Macquarie says prosecutors would likely want to interview Macquarie’s former chief executive Nicholas Moore and Shemara…
The scale of the current Wuhan coronavirus outbreak would have to increase substantially to have a significant impact on credit ratings, says Fitch Ratings. However, under such a scenario, Fitch would expect global corporates exposed to travel and tourism to be most at risk of being affected. On the whole, Asia-Pacific sovereigns have substantial financial…
SriLankan Airlines has implemented a series of precautionary measures to mitigate the risks from the current coronavirus epidemic in the Far East, with the safety and well-being of its valued passengers and staff being of paramount importance. SriLankan’s cabin crew and other relevant staff have been briefed on actions to be taken on board and…
The Department of Immigration and Emigration has been using the Electronic Travel Authorization System for pre-screening and granting of approval for foreign visitors to visit Sri Lanka since the year 2012. Even though Sri Lanka is a more attractive country for Chinese tourists, it has been observed that the tourists from China who visit Sri…
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