ECONOMIC IMPACT – COVID 19 Archives - Page 7 of 12

July 9, 2020

ABC Trade and Investments (Pvt.,) Ltd AQUA SCIENCE Business Division, a well-established service provider in Water Treatment Technology for purified drinking water and industrial water purification, waste water management systems, announces the introduction of Indoor Air Disinfection systems in combatting Covid 19 situation in the country through two developed technologies; the Ozone Gas Generators and […]

June 26, 2020

Offers Special Low Interest Business Loans and Gold Loans to Businesses and Individuals Colombo June 25th, 2020: Stepping up its assistance to businesses and individuals affected by the global health and economic crisis, Sampath Bank rolled out a host of special business loans and gold loans under its Revive Sri Lanka initiative at a significantly […]

June 25, 2020

Fund projects 4.9% contraction in 2020 versus 3% previously Financial markets seen as ‘disconnected’ from economic outlook The International Monetary Fund downgraded its outlook for the coronavirus-ravaged world economy, projecting a significantly deeper recession and slower recovery than it anticipated just two months ago. The fund said Wednesday it now expects global gross domestic product […]

June 25, 2020

Local liquor manufacturers continue to express concerns over the quality and safety of products manufactured using locally-made ethanol, following the government-imposed ban on the import of ethanol. The disbursed liquor products manufactured in this way have garnered strong critique from regular consumers who have complained about throat itching, mild and extended headaches, and abnormal vomiting […]

June 23, 2020

Spring & Summer’s CSR arm – ‘Hands of Hope’ recently launched a two-fold strategy involving the manufacture and distribution of face masks, as well as the supply of daily essentials and protective gear, to aid Sri Lanka during the COVID-19 economic and social crises. The project aims to help ease rising internal tensions within communities […]

June 23, 2020

Ocean Lanka (Pvt.) Ltd., Sri Lanka’s largest weft knitted fabric manufacturer donated Rs. 1 million to the ‘Itukama’ COVID-19 Healthcare and Social Security Fund at the Presidential Secretariat recently. Further, 5,000 yards of protective face mask material and 9,000 yards of single jersey fabric material will be donated to the Presidential Task Force, to help […]

June 18, 2020

Clearly, the global pandemic caused by the spread of the new corona virus (COVID-19) already has an impact on the world economy and the broader market. No industry or economy has been spared by the devastating effects of the pandemic. But the service sector has naturally taken the impact much harder than others due to […]

June 18, 2020

Initiative is a part of Coca-Cola’s pledge to contribute LKR 130 Mn towards combating COVID-19 Sustaining its targeted response to combat the COVID-19 outbreak, Coca-Cola Sri Lanka, distributed essential packs containing dry food, sanitary items and first aid to marginalized communities in areas severely affected by the pandemic. 6,175 vulnerable families in Gampaha (including Biyagama), […]

June 14, 2020

Comprehensive measures taken by the Ministry of Foreign Relations, in close coordination with the key Government Economic Agencies and the private sector to address and mitigate the impact of COVID 19 particularly on Sri Lankan exports, has helped in sustaining and regaining lost markets for traditional Sri Lankan exports, while enabling new opportunities. Exportswhich accounted […]

June 9, 2020

Zurich/Switzerland, June 08, 2020. HeiQ Viroblock NPJ03 is among the first textile technologies in the world to be proven effective against SARS-CoV-2 in the laboratory. Tests conducted by Swiss textile innovator HeiQ with the Peter Doherty Institute for Infection and Immunity in Melbourne, Australia (Doherty Institute) showed that treated fabric achieved 99.99% reduction of the […]

ABC becomes a partner in the National Program to eradicate Covid 19 from Sri Lanka

Sampath Bank Revive Sri Lanka Continues to Power Revival of COVID Impacted Economy

IMF Projects Deeper Global Recession on Growing Virus Threat

Liquor manufacturers gravely concerned over poor quality produce using local ethanol

Spring & Summer dedicated to uplift the nation during COVID-19 crisis

Ocean Lanka Joins Government’s Fight Against COVID-19

SLIM effort to uplift the service excellence in the country with CSM

Sri Lanka Red Cross and Coca-Cola partner to provide over 6000 essential food and health packs to the vulnerable, in a sustained COVID-19 response

Foreign Ministry Helps Sri Lanka Exporters Overcome Adverse Impact of COVID 19

HeiQ Viroblock tested successfully against virus that causes COVID-19