ECONOMIC IMPACT – COVID 19 Archives

July 14, 2021

Colombo, Sri Lanka, July 14, 2021—To help close the gender gap and promote greater work-life balance, particularly at a time of COVID-19 impacts, IFC and the Federation of Chambers of Commerce and Industry Sri Lanka (FCCISL) have launched a new online learning series to strengthen business commitment towards flexible work and family-friendly […]

July 3, 2021

Joint Statement by the Heads of the World Bank Group, International Monetary Fund, World Health Organization, and World Trade Organization 30 June 2021 : who.int The Heads of the World Bank Group, International Monetary Fund, World Health Organization, and World Trade Organization today convened for the first meeting of the Task Force […]

July 2, 2021

Tourism News | Economic losses are mounting in developing countries due to the absence of widespread COVID-19 vaccinations. The crash in international tourism due to the coronavirus pandemic could cause a loss of more than $4 trillion to the global GDP for the years 2020 and 2021, according to an UNCTAD report published on 30 […]

June 28, 2021

The Asia-Pacific region must accelerate progress towards registering deaths and causes of death to achieve universal civil registration and vital statistics (CRVS) systems by 2024, says a report released today by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP). The report, Get Everyone in the Picture: A snapshot of […]

April 6, 2021

The Sri Lanka Gem and Jewellery Association (SLGJA) hosted their second Key Person’s Forum for the industry recently, with the objective of facilitating the industry during this pandemic period and boosting overall tourism in collaboration with the Ministry of Tourism. The forum was conducted with Hon. Prasanna Ranatunga, State Minister of Tourism, Hon. Lohan […]

December 28, 2020

As the number of COVID-19 cases in the Western Province continues to increase, the management of MAS is closely monitoring a developing situation at our manufacturing facility Unichela in Panadura. As at date, due to contact tracing and testing activity that has taken place, 85 COVID-19 Positive patients have been recorded among employees of the […]

December 22, 2020

Colombo, December 22nd, 2020: As a bank that takes pride in its Sri Lankan roots, Sampath Bank carried out several sustainability initiatives throughout the year aimed at community development, environmental protection and helping individuals and small businesses recover from the negative impacts caused by COVID-19. During this challenging year, the bank was not only able […]

December 3, 2020

Sirio Ltd., Badalgama is a leading apparel manufacturer in the country providing opportunities for around 2,250 employees, and wellbeing of tens of thousands of their family members. It recommenced its operations in April this year after the closure with the assistance of PHIs and medical officers, strictly adhering to all precautionary and safety measures set out by […]

November 25, 2020

New Zealand, Australia, Thailand, Chinese Taipei, Hong Kong SAR, Philippines and Indonesia make the list of the top 20 economies globally offering the most supportive entrepreneurial conditions for women SINGAPORE – November 25, 2020 – Women across the world have been disproportionally impacted by the COVID-19 pandemic – a staggering 87% of women business owners […]

November 23, 2020

Simrin Singh, Director, ILO Country Office for Sri Lanka and the Maldives, Gayasiri of Lalith Bakery ILO News (Colombo): Micro and Small Enterprises (MSEs) play a vital role in the Sri Lankan economy, and their effective business continuity despite the challenges posed by COVID-19 is vital in the new normal. Workplace safety and […]

IFC and FCCISL Work with Sri Lankan Businesses to Help Navigate the Impacts of COVID-19 by Promoting Increased Work-Life Balance

First Meeting of the Task Force on COVID-19 Vaccines, Therapeutics and Diagnostics for Developing Countries

Global Economy could lose over $4 Trillion due to Covid-19 impact on Tourism

Asia and the Pacific must boost efforts to register deaths to detect emerging health crises such as COVID-19, says UN report

From mine to market – showcasing Sri Lanka’s jewellery legacy to the world

COVID-19 Cases at Unichela Panadura

Sampath Bank helps uplift the nation during challenging year

Official Statement from SIRIO Ltd.

Mastercard Index of Women Entrepreneurs: COVID-19 crisis could set-back a generation of women in business

Delivering essential personal protective equipment to micro and small enterprises – keeping workplaces safe and healthy