Multiple initiatives are underway by Fonterra Brands Sri Lanka, the company behind Anchor, to support the country’s efforts to combat the COVID-19 pandemic and help sustain affected communities.

In aim to contribute towards the combat of the ongoing COVID-19 pandemic, Maliban Biscuits recently donated special cold storage facilities and highly essential medical equipment to treat infected patients, at the National Institute of Infectious Dis

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As COVID-19 is expected to alter everything from geo-politics to national security to trade and industrial policies of countries, the Central Bank Governor Prof. W.D. Lakshman says the neoliberalism— the economic system, which shaped much of the wo

Sri Lanka’s SME sector led by agri-SMEs is urged to seize the opportunity to thrive from the recent announcement banning and restricting imports of non-essential items, which is aimed at restricting forex outflows, Sri Lanka’s Confederation of Mi

The local rubber manufacturing and export industry has received the nod from the government this week to kick start operations, a step taken towards getting the halted supply chains back on track.

The local rubber manufacturing and export industry has received the nod from the government this week to kick start operations, a step taken towards getting the halted supply chains back on track.

Global stock markets rallied yesterday as investors seized on signs of a slowdown in the spread of the coronavirus, while some governments began making plans to ease restrictions.

Nearly half of those who have no choice but to work from home have said they feel more productive than before and almost 90 percent remain indifferent to the arrangement as their productivity levels remain more or less the same.

Sri Lanka’s Chamber of Young Lankan Entrepreneurs (COYLE) seeks key financial policy and tax policy amendments with financial and tax moratorium relief programmes for the revival of the country’s businesses, which faces adverse impacts stemming f

Nations Trust Bank (NTB) announced that Priyantha Talwatte has taken over the reins as Chief Executive Officer, succeeding former Director/Chief Executive Officer Renuka Fernando.

With the country facing many challenges during these unprecedented times as the novel coronavirus (COVID-19) continues to expand, the Omega Line group, which operates under the flagship of Italy-based Calzedonia S.p.A, has stepped in to donate 400,00

In assisting small and medium enterprises (SMEs) to adapt to a post-COVID-19 world, the Ceylon Chamber of Commerce (CCC) is hosting a webinar for SMEs this Thursday (April 9).

The Sri Lanka Institute of Information Technology (SLIIT) opened the doors for all its students from all five faculties of the university, to attend a virtual campus on March 18 this year, creating a milestone in the history of higher education in Sr

The Hotels Association of Sri Lanka (THASL) in a statement has thanked the government for helping the tourism industry and other stakeholders of the private sector during the evolving economic crisis as a result of the COVID19 pandemic.

The government of Sri Lanka and Uber are joining forces to deliver essential supplies as part of efforts to slow the spread of COVID-19 in the country.

The Commercial Bank of Ceylon of Ceylon has announced it is deploying its ‘Bank-on-Wheels’ Mobile ATM units in areas where curfews are in force, to provide urgently needed access to cash to members of the public.

Jaguar and Land Rover have deployed more than 160 vehicles globally to support emergency response organisations during the coronavirus crisis.

Financial donations were made to strengthen the COVID-19 Healthcare and Social Security Fund by the People’s Bank group and People’s Bank Pensioners Association, at the President’s Office, on March 31, 2020.

The headline inflation measured by the Colombo Consumer Price Index (CCPI) moderated in March after peaking in February on lower food prices.

Fund had US $ 114.4mn worth of Lankan equity investments as at end of last year

Bangladesh, the second-largest apparel producer after China, is set to lose roughly US $ 6 billion in export revenue this financial year amid cancellations from some of the world’s largest brands and retailers, two major industry bodies said on Tue

The Colombo Stock Exchange (CSE) yesterday provided guidance for listed companies on hosting the Annual General Meetings (AGMs), amid the coronavirus pandemic.

A US $ 100,000 (Rs.18.17 million) grant from the Asian Development Bank (ADB) has funded the purchase of emergency medical supplies through the United Nations Children’s Fund (UNICEF) in support of Sri Lanka’s ongoing response to the novel corona

Sri Lanka’s largest apparel exporter Brandix Lanka Ltd (BLL) is rolling out several substantial cost-cutting initiatives, including up to 60 percent pay cuts for executive cadre and board members foregoing compensation for a period of six months, t

A day after the Monetary Board eased capital, regulatory and reporting rules on the banking sector, more or less similar relaxed rules have been offered to finance companies, including a lower floor for mandatory liquidity maintenance, to obtain thei

Italy’s business lobby Confindustria said yesterday it forecasts a severe recession in 2020, with the country’s GDP dropping by six percent if the acute phase of the coronavirus outbreak is over by the end of May.

Huawei said yesterday it had sustained solid growth in its global businesses in 2019 despite a US campaign to isolate the Chinese tech giant, but warned of its “most difficult year” ahead.

Since the outbreak of the coronavirus, hand sanitizer has been in high demand and hard to source.

The World Health Organization (WHO) and Rakuten Viber yesterday announced a new partnership to fight misinformation around COVID-19 with an interactive multi-language chatbot available globally.