CRISIS MANAGEMENT
As the novel coronavirus pandemic progresses, business leaders are telling our colleagues and us that they have never experienced anything like this before. There is no script for dealing with a crisis
SWITZERLAND FAST- TRACKS FUNDING FOR SMALL BUSINESSES
Switzerland is fast-tracking small business aid to help stave off the economic effects of coronavirus – offering an example to other nations weathering the downturn
CEYLINCO LIFE
Life insurance protection or an investment in retirement that can be obtained in a matter of minutes without venturing out of one’s home is the latest response of Ceylinco Life to the COVID-19 mandated lockdown
PEOPLE’S BANK
17th April 2020, Colombo: People’s Bank had taken steps to ensure that senior citizens who visited any bank branch on 2nd, 3rd and 6th April to claim their pensions were given a special service in a safe
VIETNAM SET TO BE POST- PANDEMIC WINNER
Through early and efficient border closures, uncharacteristic official transparency and strategic Covid-19 diplomacy, communist-run Vietnam is fast emerging as a likely post-pandemic winner
BLOCKCHAIN TECHNOLOGY
Fanfare surrounding blockchain technology stems from its perceived unalterable methodology for record keeping, thereby ensuring the security of uncensored data and increased transparency because
THE INFLUENCER ECONOMY IS MAKING ITS WAY TOWARDS ITS FIRST RECESSION
THE FIRST SIGNS of distress came not with panic, but positivity. “Hope you all are feeling safe and at peace hunkered down with your family,” one influencer wrote, paired with a selfie featuring
SAMSUNG
15th April 2020 Colombo: Demonstrating concern for the well-being of customers and to promote them to stay indoors safe as the nation fights the Coronavirus pandemic, Samsung Sri Lanka
PRESIDENT TRUMP IS ‘OPENING UP AMERICA AGAIN’
As Covid-19 continues to spread across the US, President Donald Trump has given governors guidance on reopening state economies in the coming months.
CHINA REPORTS FIRST QUARTER GDP DROP ON CORONAVIRUS IMPACT
Stocks in Asia rose in Friday morning trade as investors shrugged off an official data release that showed China’s economy shrinking by 6.8% in the first quarter
DARAZ
Alibaba Group, the parent company of Daraz Sri Lanka, has been one of the groups at the forefront in the worldwide fight against COVID-19 through continuous supplies of medical support to Asia
SLT
SLT recently donated Personnel Protective Equipment (PPE) to the Apaksha Hospital –Maharagama. SLT Chief Operating Officer Mr. Priyantha Fernandez handed over the equipment to Dr. Wasantha
EMIRATES
Emirates in coordination with Dubai Health Authority (DHA) will be introducing additional precautions. Passengers on today’s flight to Tunisia were all tested for COVID-19 before departing from Dubai
IMF RELEASES WORLD’S ECONOMIC OUTLOOK FOR APRIL 2020
JUST RELEASED: April 2020 World Economic Outlook. The global economy is projected to contract sharply by -3% in 2020 as a result of the #COVID19 pandemic, a much worse contraction than during
LSEG
LKR 5 million donation used to purchase essential medical supplies for the Ministry of Health and Indigenous Medical Services for immediate use in COVID-19 isolation units
IMF ADDS LIQUIDITY LINE TO STRENGTHEN COVID-19 RESPONSE
In a crisis like the COVID-19 pandemic, even healthy economies might need quick access to credit. For example, investors have abruptly pulled their money out of many emerging market economies
