The Central Bank of Sri Lanka on Thursday cut its benchmark lending and deposit rates by 100 basis points each, as it sought to counter the hit to economy from the COVID-19 pandemic. The central bank, …
UPDATE 1-Cricket-Asia Cup postponed due to COVID-19, Sri Lanka swap hosting rights with Pakistan
Pakistan, who were set to host the tournament this year in the United Arab Emirates, have exchanged hosting rights with Sri Lanka, who will stage next year’s event, while the Pakistan Cricket Board …
Sri Lanka slashes key interest rates to aid virus-hit economy
The Central Bank of Sri Lanka says it wants to ‘aggressively enhance lending to productive sectors of the economy,’ which would boost support for businesses hit by the coronavirus …
ABC becomes a partner in the National Program to eradicate Covid 19 from Sri Lanka
Israel and the USA as solution providers for Sri Lanka and Maldives. ABC Trade & Investments (Pvt) Ltd., is a diversified company with focused business activities in ICT solutions, Healthcare, Water …
South Asia’s covid responses; a comparison of India, Pakistan and Sri Lanka
As COVID-19 brought the developed world to its knees the challenge is far bigger for the developing world. Countries that are already struggling with their enormous populations, high rate of poverty, …
Maldives, Sri Lanka eliminate measles and rubella ahead of 2023 deadline
The Maldives and Sri Lanka have become the first two countries in the region to have eliminated both measles and rubella ahead of the 2023 deadline, said the World Health Organisation’s (WHO) South …
WHO Says Sri Lanka and Maldives Eliminate Measles, Rubella
The World Health Organization says Sri Lanka and Maldives are the first two countries in its South-East Asia region to eliminate both measles and rubella ahead of a 2023 target.
Sri Lanka Rangers Spot Possible Rare Baby Elephant Twins
A pair of baby elephants feeding from the same mother have been spotted in a Sri Lankan national park, with officials speculating Wednesday the two could be a rare set of twins. The young tuskers — …
LB Finance begins business at Mallavi
LB FINANCE one of Sri Lanka’s largest finance establishment in the non- banking financial institutions sector licensed under the Central Bank of Sri Lanka, recently opened its new branch broadening …
Sri Lanka No: 2 destination among startup ecosystems for talent
The annual domestic eCommerce sales and services in Sri Lanka is estimated to be at $40 million and expected to grow $400 million by 2022, the 2020 Global Startup Ecosystem Report (GSER) by Startup …