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…
Due to an Island wide curfew that has been imposed across the island from 18:00 hrs (Sri Lanka time) on 20th March 2020 until 06:00hrs (Sri Lanka time) on 23rd of March 2020, SriLankan Airlines passengers flying out during this period can reach the Airport during curfew, by producing their air tickets and passports to…
The All Share Price Index (ASPI) of the Colombo Stock Exchange (CSE) today (20) recorded the highest drop in a single day in history. Sri Lanka’s only Capital Market All Share Price Index (ASPI) crashed down by 6.22% of 303.10 points to 4,571.63. Meanwhile, the S & P SL20 dropped by 262.42 points, closing at…
The Board of Directors of the CSE has taken an emergency decision to impose a market halt for 30 minutes at every 5% decline in the S&P SL20 Index from hereon.
The Board of Directors of the CSE has decided to close the market today (Friday) 20th March 2020 at 12 Noon in view of the curfew imposed by the government to enable staff to travel to their homes. The Colombo Stock Exchange (CSE) was reopen for trading today after a four-day hiatus, however with revised…
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