Slow Libor transition prolongs risks across markets : Moody’s
Alternative reference rates are gradually replacing Libor in new contracts but it is still being used, so associated risks persist Some existing contracts will likely prove incapable of transition,...
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Allianz Global Insurance Report 2020: Asia will emerge stronger from the crisis
In 2019, global insurance premiums increased by 4.4% to EUR 3,906bn – clocking the strongest growth in four years Asia (ex Japan) was setting the pace with 6.8% and total premiums reached EUR 947bn –...
View ArticleLeading corporates believe WFH is here to stay
MillionSpaces brings together leading corporates MAS, Hemas, JKH, Virtusa and PwC, in a forward-thinking webinar on adapting to a post-COVID work environment. It’s hard to draw positives from a global...
View ArticleBBC collaborates with Sri Lanka Tourism to revive the Tourism Sector
Despite being considerably affected by the recent COVID -19 outbreak, Sri Lanka Tourism is currently taking several measures to revive the Tourism sector by collaborating with key international...
View ArticleNewton Lanka assists Domino’s with Safe Shoppers program to set up Zero...
Newton Lanka, an extension of Newton TAC Malaysia recently provided Safe Shoppers tool kit for Domino’s in a bid to strengthen the Zero Contact experience for Dine-In. The campaign was launched as...
View ArticleBuilding self-resilience and adapting to life in the New Normal
By Dr. Kayathri Periasamy:: The current worldwide health situation is ambiguous, novel and unpredictable, and have forced the small things that make up our community to change. Since mid-March, we...
View ArticleThe trends and growth of Sri Lanka’s e-commerce industry: an overview of...
The e-commerce industry in Sri Lanka has seen a rapid development over the last year, with a large percentage of shoppers venturing on to the digital platform. An increase in confidence on available...
View ArticleEmirates SkyCargo expands cargo connectivity to 100 destinations
Emirates SkyCargo will be operating scheduled cargo flights to 100 destinations across six continents during the month of July 2020. Some of the new cities added to the air cargo carrier’s network...
View ArticlePickMe partners with Microsoft to maximize driver benefits and minimize...
Microsoft and PickMe, the leading on-demand mobility solution platform in Sri Lanka, on Tuesday (7) announced a strategic partnership that will transform the delivery of digital services in the...
View ArticleKelsey Homes’ latest project, CENTRAL PARK JA-ELA ; First Phase sold out...
Kelsey Homes, the pioneering real estate developer in Sri Lanka, is celebrating the resounding success of the First Phase of their latest project CENTRAL PARK, JA-ELA, While the marketing campaign for...
View ArticleSLT contributes with technology support to create online store for Sathosa
Contributing to the Government of Sri Lanka’s objective of promoting the retail operations in the country, Lanka Sathosa Limited partnered with Sri Lanka Telecom to create an online retail store on...
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We urge govt. to adopt sustainable measures to protect local manufacturers –...
The government has to adopt sustainable measures to protect local manufacturers, a top industry official said. “We welcome the Government’s policy impetus towards strengthening local industries and...
View ArticleNo change in interest rates paid to senior citizens’ accounts – Bandula...
The Government has not done any changes to the interest rates in senior citizens’ accounts, Minister Bandula Gunawardena stated. The Minister of Higher Education, Technology, Innovations, and...
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CBSL commences the process of developing a Blockchain Technology based...
The Central Bank of Sri Lanka (CBSL) entered into agreements to begin the process of developing Blockchain Technology Based Shared Know-Your-Customer (KYC) proofs of concept (POCs) on 7 July 2020....
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HIP ship repair team embarkations under strict Government regulations
The Hambantota International Port (HIP) follows all guidelines laid down by the government with regard to service engineer embarkations that occur at the port, and the process is carried out under the...
View ArticleNon-investment grade sovereigns face unprecedented economic fallout, greater...
Recovery will be prolonged and uneven post lockdown, with tourism and commodity-reliant sovereigns facing further challenges Fiscal consolidation post-coronavirus will be slow, meaning debt levels...
View ArticleFonterra team gathers in prayer, invokes blessings for everyone’s safety as...
With the country opening up after successfully controlling the effects of the COVID-19 pandemic, Fonterra Brands Sri Lanka, makers of Anchor, hosted a multi-religious blessing ceremony at their head...
View ArticleJapanese grant aid of Rs 1,360 mn for provisioning necessary medical...
Responding to the COVID-19 global pandemic, Sri Lanka has taken several successful preventive measures to prevent the mass spread of virus among the community. Though the country has achieved...
View ArticleABC becomes a partner in the National Program to eradicate Covid 19 from Sri...
ABC Trade and Investments (Pvt.,) Ltd AQUA SCIENCE Business Division, a well-established service provider in Water Treatment Technology for purified drinking water and industrial water purification,...
View ArticleAitken Spence successfully conducts its first virtual AGM
Aitken Spence PLC achieved yet another milestone in its 150+ year legacy by conducting the company’s first virtual Annual General Meeting (AGM) on 30th June 2020. Whilst being among the country’s...
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