Category: Business and Economy

Over the last few weeks there have been many discussions, ideas and content on the impact of Covid-19 on businesses and the economy in particular. It is evident that Covid-19 has created many challenges for Individuals, Companies and Governments. This pandemic has created volatility, uncertainty and chaos at an unprecedented level. Whilst there is insufficient…

Hasthigiri Hotel and Bakery is one of the most sought after fresh bread venues in the city of Colombo. Since its inception in 1948, it has provided best-in class services for everyone who drops by, paying a great deal of concern on safety and healthiness of food. Many customers have accustomed to its fresh bread…

As part of its action plan to help customers to fight COVID-19, Huawei is providing technological services in artificial intelligence (AI), video conferencing, wireless network coverage and smartphones to nations across Asia Pacific. Huawei has joined hands with countries like Sri Lanka, Indonesia, Malaysia, Thailand, Bangladesh and others to address on-ground communication challenges, ensuring connectivity…

Home delivery during curfew and donations for the front liners Pelwatte, the leading local dairy manufacturer, has initiated several CSR and consumer reach projects that conjuncts the company as a strong stakeholder in the Sri Lankan government’s initiative to sustain the Covid19 crisis. Accordingly, Pelwatte has launched a free home delivery service of their products…

The management and employees of Allianz Sri Lanka recently joined hands with University Hospital of Sir John Kotelawala Defence University (KDU) to provide a High Performance Real Time Quantitative PCR (RT-qPCR) machine worth Rs. 4 million to test for COVID-19. Gany Subramaniam, Director/CEO, Allianz Insurance Lanka Limited said “During challenging times like this, it is…

Huawei, the innovative smartphone manufacturer, recently unveiled an array of Health and Fitness products ensuring a more convenient and comprehensive way of looking after health and fitness. Huawei Watch GT2, Huawei Band 4 and Huawei Band 4E help simplify life, track workouts and assist in everyday activities at the same time providing a hassle free…

In response to the current COVID-19 outbreak, vivo, the global smartphone brand donated LKR 1 million worth surgical masks to the Ministry of Health, Sri Lanka. The donation which is a part of the vivo’s CSR initiative #vivocares, included 15,000 surgical masks that would be utilized by front line medical workers of the Sri Lankan…

NOMINATIONS ARE EXTENDED TO AUGUST DUE TO COVID-19 PANDEMIC Online submissions of entries are open until Friday, 21 August 2020 Precautionary health measures to be conducted before and during awards night In light of the ongoing global health crisis, the organisers of the PropertyGuru Asia Property Awards have made the responsible decision of postponing their…

The government has taken steps to suspend Sri Lankan residents from making payments through Outdraw Investment Accounts (OIA) for overseas investments for a period of three months. Prime Minister Mahinda Rajapaksa, in his capacity as the Minister of Finance, Economic and Policy Development, has made this Order under the Foreign Exchange Act, No. 12 of…