Business News

Before any business can make a crucial step forward in the transformation of their digital efforts, a paramount importance is placed on understanding and deriving even more insight from data than ever before.

At the time of writing this article, we have completed 5 weeks of curfew and lockdown in Sri Lanka due to the Covid-19 pandemic.

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.

The Association of Private Hospitals and Nursing Homes (APHNH) in a statement to media, said they will extend all possible assistance to the national operations programme for Covid-19 outbreak, in conducting the much needed PCR tests to help control the spread of Covid-19 in Sri Lanka.

Emirates SkyCargo, the freight division of Emirates, has helped Sri Lankan exporters despatch nearly 100 tonnes of local produce to markets in Europe, the Middle East and Asia over the past two weeks, keeping supply chains and revenue flows open despite the suspension of scheduled passenger flights from Colombo.

The Sri Lanka Chamber of the Pharmaceutical Industry (SLCPI), while recognising all medical and healthcare workers as well as the law enforcement for their unstinted service during the COVID-19 outbreak, thanked the local pharmaceutical industry that includes importers, distributors, and pharmacies, along with the regulators, for their exceptional work during the curfew period.

In response to the COVID-19 outbreak in Sri Lanka, The Coca-Cola System in Sri Lanka has committed its support by pledging a contribution of LKR 130 million to strengthen the national response of minimizing the impact and to combat the spread of the COVID-19 pandemic.

HNB PLC announced a series of partnerships and digital innovations aimed at supporting customers and enterprises with uninterrupted access to all essential banking services during the COVID-19 global pandemic.

The Commercial Bank of Ceylon has announced it is extending its self-registration facility for Online Banking and for opening ‘Flash’ Digital Accounts till further notice to enable customers to continue to practice safety precautions even after travel restrictions are relaxed by the government.

Informatics Institute of Technology (IIT), the pioneer in British higher education in Sri Lanka and the country’s premier IT and Business campus, has taken progressive steps to fulfill its responsibilities to the country and thousands of its students by rapidly shifting its entire operations to an online platform in order to ensure the smooth functioning of all aspects of the institute and mitigate the threat of the COVID-19 disease.