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Cabraal proposes 20% EPF payoff to address COVID-19 crisis

The world’s oil market has faced a huge crisis due to the decrease in the demand for oil following the lockdown of countries. However this burden will be reduced once the countries loosen their lockdown policies, Senior Advisor on Economic Affairs to the Prime Minister, Former Governor of the Central …

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SL to host UN World Tourism Organization conference in Colombo

Kimarli Fernando The 32nd Joint Meeting of UN World Tourism Organization’s Commission for East Asia and the Pacific and the UNWTO Commission for South Asia will be hosted by Sri Lanka from June 29 to July 1, in Colombo and Sri Lanka Tourism Development Authority is currently in the process …

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Now, Coronavirus hits Lanka’s tea exports

Following the deleterious impact that the Coronavirus has had on Sri Lanka’s apparel industry, it has now impacted the tea exports to all key markets as well. “The Coronavirus in China has impacted Sri Lanka’s tea exports as well with most of the packing materials for our tea exports coming …

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Coronavirus takes heavy toll on apparel industry

Rehan Lakhani The Coronavirus threat in China has further dealt a crippling blow on Sri Lanka’s apparel industry with 50 factories or more being threatened with temporary closure. We are going through what would be a major crisis which should be resent for the next three months as nearly 50% …

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SLPA wins two GPF Awards

The awards being received by SLPA’s Upul Jayatissa Director, Logistics, Marketing & Business Development from Mohammed Sharaf, Assistant Minister of Foreign Affairs and International Cooperation for economic and Trade Affairs UAE and former Group CEO of Sri Lanka Ports Authority won the GPF Awards for ‘Port Authority of The Year …

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Coronavirus hits SriLankan cargo revenue

Head of Cargo Chamara Ranasinghe pic by Dinesh Perera Head of Cargo Chamara Ranasinghe said that SriLankan Airlines was hit by a drop in passenger and cargo throughput from China. Ranasinghe said this at the Ceylon Chamber on February 24 at an event to educate the public on the offerings …

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Banking sector resilient despite challenges – First Capital

Banking sector showed resilience despite the challenges while maintaining higher liquidity ratios, through cautious lending said First Capital in their Banking Sector Outlook event organized at Cinnamon Grand last week. The profitability of the banking sector was hampered during the last couple of years primarily by the economic slowdown, increase …

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Japan’s Belluna Co and Asia Capital meet Prime Minister

Prime Minister Mahinda Rajapaksa;. Stefan Abeyesinhe – Executive Director, Asia Capital PLC; Hiroshi Yasuno – General Manager-Belluna Co., Japan; Kiyonori Nakashima – Advisor – Development Department, Belluna Co. Japan; Sandun Hettige – Joint COO, Asia Ca Belluna Co. Japan and Asia Capital PLC, the developers of 447 Luna Tower recently …

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Chamber poll: Opportunity to benefit with trade, supply chain realignment

A survey done by the Ceylon Chamber of Commerce among its members has revealed a 49% of the firms which are its members had been impacted by Coronavirus (COVID-19); however the survey respondents highlighted the need for policymakers to provide conducive environment for export growth as there is an opportunity …

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ශ්‍රී ලාංකිකයන් අභියෝග ජයගන්න දක්ෂයි – ඇමෙරිකාව

පාස්කු ප්‍රහාරයෙන් විපතට පත්වූවන්ට ගෞරව දැක්වීම සඳහා එක්සත් ජනපද නියෝජිත මන්ත්‍රී මණ්ඩලයේ සාමාජිකයන් පසුගියදා කොටහේන ශාන්ත අන්තෝනි දේවස්ථානය වෙත ගොස් තිබේ. එහිදී දේවස්ථානයේ පියතුමන් හමුවී සාකච්ඡා කර ඇති එම පිරිස, මියගිය අය සිහිකර පුෂ්පෝපහාර දැක්වීමක්ද සිදුකර ඇත. මෙම දේවස්ථානය නැවත ගොඩනැගීම ශ්‍රී ලාංකේය ජනතාවගේ අභියෝග ජයගැනීමට ඇති හැකියාව සහ ශක්තිය …

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