COVID-19 Archives - Page 5 of 6 - Lanka Business News

July 4, 2020

The Central Bank, in consultation with the Government of Sri Lanka, has introduced the Saubagya Covid-19 Renaissance Loan Scheme to provide working capital loans at 4% interest rates to businesses adversely affected by the COVID-19 outbreak, through Licensed Banks, thereby supporting the revival of economic activity in the country. This Loan Scheme is available for […]

June 9, 2020

Several corporate clients have come forward to commend Dialog for the continuous customer service that was extended to them even during the recent COVID-19 lockdown weeks. In a statement issued by one such entity Dialog’s service excellence was highly commended. “Our company was launching a couple of products that was of utmost importance to support […]

June 2, 2020

Huawei the leading global ICT solutions provider, has further extended the support to Sri Lanka’s fight against COVID-19 pandemic via launching AI-Assisted Automatic and Quick Diagnosis technology platform to frontline medical professionals. This AI-assisted system empowered by Huawei’s Cloud technology, is deployed at Colombo North Teaching Hospital in Ragama integrating with the existing Picture Archiving […]

June 1, 2020

The Commercial Bank of Ceylon has announced the commitment of approximately Rs 10 billion to a Bank-funded COVID-19 Support Loan Scheme to assist affected SME enterprises. This assistance would be in addition to the working capital loans scheme implemented under a credit line provided by the Central Bank of Sri Lanka (CBSL), the Bank said. […]

April 29, 2020

The Commercial Bank of Ceylon has announced a series of concessions for borrowers whose loans had already been classified as non-performing when the government’s measures against the spread of COVID-19 began to impact on businesses. These concessions are offered under the Central Bank of Sri Lanka’s relief measures to support COVID-19 hit borrowers. The scheme […]

April 26, 2020

The World Health Organization has warned against issuing “immunity passports” to people who have recovered from Covid-19, as there is no evidence that they will be protected from a second infection. The idea of issuing some form of certificates to people who have been sick with the virus – on the assumption they would be […]

April 3, 2020

Sri Lanka’s response to COVID-19 has been very proactive, quickly identifying and reacting to early cases and implementing strong safety measures. Early signs are positive with no evidence of rapidly increasing community transmission. In these difficult times, Swivel Group operations have been aligned with government regulations and recommendations. The health and safety of our people […]

April 2, 2020

The financial donations were made to strengthen the COVID-19 Healthcare and Social Security Fund, by the People’s Bank Group and the People’s Bank Pensioners Association at the President’s Office on 31st of March 2020. The relevant cheques were handed over to the President’s Secretary – Dr. P. B. Jayasundera. Chairman of People’s Bank – Sujeewa […]

April 1, 2020

On Monday 30 March 2020, an Emirates SkyCargo flight carrying close to 500,000 Covid-19 testing kits landed at Sao Paulo airport in Brazil. The kits were moved from Guangzhou via Dubai by the air cargo carrier on the first of two such flights operated to transport supplies to Sao Paulo. During the same week, Emirates […]

April 1, 2020

The Coronavirus pandemic has created challenges in carrying out day-to-day business activities. Among these challenges, the year-end Physical Inventory Counting for businesses with financial year ending 31 March 2020, will be the greatest. The Sri Lanka Auditing Standards has set strict guidelines/requirements for the auditor to attend the Physical Inventory Counting and to perform audit […]

Central Bank approved Rs. 53 billion for 20,240 COVID-19 affected Businesses

Clients Commend Dialog for Great Customer Service during COVID-19 Pandemic Lockdown

Huawei introduces AI technology to help Sri Lankan Medical Professionals to Better Fight against COVID-19 Pandemic

ComBank raises another Rs 10 billon to support COVID-19 affected SME Exporters

ComBank offers fresh hope to non-performing borrowers with post-COVID-19 concessions

WHO warns against coronavirus immunity passports

Swivel Group’s response to COVID-19

The financial donations to the COVID-19 Healthcare and Social Security Fund from the People’s Bank Group and the People’s Bank Pensioners Association

Emirates SkyCargo calibrates cargo operations to better connect global markets

Physical Inventory Counting in pandemic times