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Sri Lankan Airlines staff face discrimination. Airline appeals from public to respect its employees for their service

SriLankan Airlines has noted that many social Media posts have appeared over the past few days discriminating SriLankan Airlines staff in connection with  COVID-19 infection. It is extremely unfortunate that these posts have subjected the Airlines’ staff and their immediate families to discrimination, distress and embarrassment at public places such as hotels, schools and hospitals SriLankan Airlines as the National Airline…

(0)Comments | March 24, 2020 2:38 pm

SLAMERP calls on Govt. to designate rubber as an ‘essential sector’

The stimulus package has not been extended to the rubber sector Need to produce medical gloves and agriculture and transport sector tiers As Sri Lanka responds to the growing COVID-19 pandemic, the rubber exporters today called on the government to designate rubber industry as an “essential service” as the sector provides its products to many…

(0)Comments | March 24, 2020 2:19 pm

No shortage of wheat flour in the country – Prima Ceylon

Prima Ceylon (Private) Limited (PCL), the primary producer and supplier of wheat flour in the country, assured that there was no shortage of stocks. In the backdrop of the escalating COVID-19 Corona virus pandemic in the world, the company reassures the public and the government of Sri Lanka that it is fully prepared to continue…

(0)Comments | March 24, 2020 2:16 pm

World Bank could deploy $150 b over 15 months in coronavirus battle

WASHINGTON (Reuters) – World Bank Group President David Malpass on Monday said that the development lender could deploy as much as $150 billion in resources over the next 15 months to help developing countries fight and recover from the coronavirus pandemic. Malpass, in a statement to G20 finance ministers and central bank governors released by…

(0)Comments | March 24, 2020 11:29 am

President provides relief package in face of COVID-19. Personal loan recoveries below Rs.1mn suspended for 3 months, 6 month grace period for lease payment on three-wheelers

President Gotabaya Rajapaksa has announced several relief measures which will be granted to the general public who have been affected by the outbreak of Coronavirus in the country. All relief measures will come into effect from Monday (23), the President’s Media Division said. The President has ordered the Governor of the Central Bank of Sri…

(0)Comments | March 24, 2020 12:50 am

People’s bank to open until 10 a.m. tomorrow in curfew lifted areas

Several banks have revised their operating times and suspended non-essential banking services because of the rising novel coronavirus (COVID-19) cases in Sri Lanka. Banking services like passbook updates, counter cheque collections have been restricted as the banks promote social distancing. Many banks have also requested users to avoid visits to branches and go digital with…

(0)Comments | March 23, 2020 11:31 pm

Supermarkets’ working hours on Tuesday

New guidelines and opening hours have been brought into force by retail outlets including supermarkets across Sri Lanka as they battle to keep shelves stocked, get food and supplies to everyone who needs them and ensure the safety of customers and staff when the island-wide curfew imposed by the government is lifted at 6.00 am tomorrow (24). The…

(0)Comments | March 23, 2020 8:26 pm

Goldman Sachs sees 1% drop in global GDP due to ‘coronacrisis’

(Reuters) – Goldman Sachs said it expected global real gross domestic product to contract by about 1% in 2020, a sharper economic decline than in the year following the 2008 global financial crisis. Global governments have been taking unprecedented measures to contain the coronavirus outbreak which is threatening to spark a worldwide economic contraction. “The…

(0)Comments | March 23, 2020 5:04 pm

SL pledges $5mn to SAARC COVID-19 Fund

President Gotabaya Rajapaksa pledged to contribute US$5 million to the SAARC Corona Emergency Fund. In a video conference on forming a joint strategy to fight COVID-19 in the SAARC region, Indian Prime Minister Modi on March 15 proposed the emergency fund with an initial offer of $10 million from India and asserted that the best…

(0)Comments | March 23, 2020 1:55 pm

Sri Lanka Cricket Grants LKR 25 Million to Fight Covid-19

Sri Lanka Cricket (SLC) has taken a decision to grant a sum of LKR 25 million to the Government to help its efforts toward combating the Covid-19 pandemic, which has created a national health crisis. Accordingly, the grant will be handed over to the Government immediately. Sri Lanka Cricket, whilst understanding the gravity of the…

(0)Comments | March 23, 2020 1:49 pm

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