May 2020 - Page 5 of 18 - Lanka Business News

May 25, 2020

The current measures taken by the country to control the COVID-19 pandemic are vital to sustain the nation’s economy. In the interest of the country’s economic growth, any suspension or temporary ban placed on the importation of essential and non-essential goods which can be manufactured locally will help immeasurably in currency stabilization, boosting of local […]

May 25, 2020

MAZE, the Sri Lankan designed and made sock brand recently launched a competition called Design Your MAZE, which allowed you to create your ideal design for a sock. The competition which was kicked off on the 8th of April 2020 was a tremendous success, with over 300 entries coming from close to 150 designers from […]

May 25, 2020

A 26-member National 5G Committee has been formed with Thailand Prime Minister Prayut Chan-o-cha as chairman to coordinate the 5G development and boost the digital economy in the country. The committee is also tasked with mitigating obstacles regarding the recall of unused spectrum, from state agencies for the National Broadcasting and Telecommunications Commission (NBTC), in […]

May 23, 2020

To step up safety standards for riders and drivers during the ongoing Covid-19 pandemic, Uber Sri Lanka has procured and started distributing safety supplies such as masks and sanitisers worth 10 million LKR, free of cost to driver and delivery partners. Uber also announced a partnership with Dettol to distribute disinfectant to driver partners for […]

May 23, 2020

Janashakthi Life partners with Daraz to provide free life insurance cover (inclusive of COVID – 19 coverage) and critical illness insurance cover up to Rs. 100,000 for customers via Daraz, Sri Lanka’s no. 1 online shopping platform. Customers receive this special life insurance cover inclusive of COVID-19 coverage and critical illness insurance cover free of […]

May 23, 2020

Aims to tap untapped market of Sri Lanka through innovation and understanding consumer’s need vivo, the innovative global smartphone brand is gearing up to look beyond the impact of COVID-19 in Sri Lanka and to ensure that they join the battle to win against the global pandemic and its economic casualties. Despite the standstill of […]

May 23, 2020

Midas Safety Sri Lanka, one of the world’s leading industrial safety glove manufacturer, recently donated 1.25 million medical gloves worth Rs. 12 million to the Government of Sri Lanka in support of the country’s efforts to curb the Covid-19 outbreak which has brought the entire world to a standstill. A token of this was handed over to His […]

May 22, 2020

Emirates has unveiled multi-faceted measures for employee and customer care at every step of the travel journey, redefining safety and hygiene standards on board and on the ground. The new measures took effect today, with the resumption of regularly scheduled passenger flights to nine destinations. “Emirates is implementing a comprehensive set of measures at every […]

May 22, 2020

The S&P SL20 Index of the Colombo Stock Exchange (CSE) gained 6.28% during trading today, bettering the record for the highest ever daily percentage gain of the index which stood at 5.25%, which was set on 18th May 2020. This development marks the second occasion the S&P SL20 Index has made historic gains during this […]

May 22, 2020

“John Keells Group records recurring EBITDA of Rs.22.06 billion for the financial year 2019/20” Summarised below are some of the key highlights for the quarter ended 31 March 2020. The Consumer Foods, Retail and Property industry groups recorded a growth in profits. While the performance of the Group initially witnessed strong momentum in the fourth […]

Local cement manufacturers create value adding benefits to boost the national economy

Vote your favourite designs in #DesignYourMaze Competition

Thailand Prime Minister leads National Committee to promote 5G development

Uber commits 10 Million LKR for safety supplies, partners with Dettol

Janashakthi Life partners with Daraz to strengthen their commitment as a purpose driven insurer in these challenging times

vivo hopes for an upward market trend post Covid-19 recovery in Sri Lanka

Midas Safety Sri Lanka joins fight against Covid 19 by donating 1.25 million medical gloves

Emirates sets industry-leading safety standard for customers travelling as it resumes operations

S&P SL 20 Index Marks its Second Historic Gain in a Week

JKH releases Annual Report for the Financial Year 2019/20