Business News

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.

Data obtained by Learnbonds.com reveals that Europe’s passenger car sales dropped by about 74% year-to-date between January and April 2020.

Q1 results for Vodafone, Telefonica, Deutsche Telekom, Orange and BT indicate an encouraging degree of business resilience in the European telecommunications industry at large, with few surprises in the B2C market, says GlobalData, a leading data and analytics company.

With the country expected to maintain self-isolation and social distancing practices well into the month of June 2020, when the new academic year starts for millions of students, and a few months thereafter, India’s education sector is expected to witness continued rise in the adoption of EdTech solutions, says GlobalData, a leading data and analytics company.

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.

Emirates SkyCargo has expanded its weekly scheduled cargo flight operations to cover 75 destinations across six continents.

Sri Lanka demonstrates to have managed the COVID-19 outbreak reasonably well, while the economic fallout from the local and global lockdown will be unprecedented.

Huawei Malaysia introduced the Huawei ASEAN Academy, a dedicated training module set to empower digital talent in the region.

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.

Property magnet Prime Group makes history as the first institution in the Sri Lankan real estate industry to receive a prestigious issuer rating of [A-] Stable from ICRA Lanka, a group company of Moody's Investors Service.