Business | Sunday Observer

Business

Policy intervention vital to cushion economic downturn, says economist
Sri Lanka will have to adopt fiscal and monetary stimulus  measures  to ease the pressure of an impending global economic recession stemming from the present global crisis, said a well known economist in Colombo last week.  Professor in Economics, University of Colombo Sirimal Abeyratne said Sri Lanka will feel the pain of the global economic recession soon as it also...
29 March, 2020
Subscribe to Business
W.K.H. Wegapitiya
Stocks adequate to meet three months demand - Laugfs Chairman
Laugfs Gas PLC has enough stocks, adequate for over three months, at its large storage facility at Hambantota, said Laugfs Gas Chairman W.K.H. Wegapitiya allaying fears that there could be a shortage arising from the current global crisis emanating from the coronavirus pandemic. “There is absolutely no need to panic as we have enough stocks stored at our faculties at...
29 March, 2020 0
Identify possible work-related exposure and health risks to your employees. Here Security Forces personnel disinfect the Fort Railway Station. Pic: Nishanka de Silva
Corona and business
The rapid outbreak of the coronavirus presents multiple issues which the world is grappling with. Almost all social and economic activities have come to a standstill. There is also a significant commercial impact being felt globally with the worst yet to come. As viruses know no borders, its impact will continue to spread.   Pandemic and its negative impact on business is...
29 March, 2020 0

Business

SMEs look for more relief measures
The informal sector which comprises the Small, Medium and Micro enterprises (SMEs) that accounts for over 70 percent of the...
Inflation up in February
Headline inflation as measured by the year on-year (Y-o-Y) change in the National Consumer Price Index (NCPI, 2013=100) increased...
Coronavirus: Asia markets rise after US stimulus package agreement
President Donald Trump and the US Senate have agreed to an economic relief package worth over $1.8 trillion (£1.5tn), sending...
‘No shortage of milk-based products’
Consumers need not panic as the country has  adequate stocks of milk powder and milk based products to meet demand in the...
Softlogic Life to stand by policyholders
 Softlogic Life will pay all medical and life claims that relate to COVID 19, despite it being classified a pandemic....
Sri Lanka Tourism opens centre for departing passengers
Sri Lanka Tourism industry has initiated a 24/7 Facilitation Centre to assist tourists, especially departing passengers, in their...
Slowdown in global growth
The economic impact of Coronavirus which has reached pandemic level has not been quantified as yet. However, it has adversely...
Presentation skill, an inevitable part of sales success
Presentation skill, in other words, the ability to maintain attention and achieve your desired outcome from presenting to the...
Prima assures uninterrupted supply of flour
Prima Ceylon (Private) Limited (PCL), a producer and supplier of wheat flour, reassures the public and the government that it is...
In search of strategic HRM in Sri Lanka
Sri Lanka has entered a challenging era with the spread of COVID-19. With the confidence gathered in ending the thirty-year war...
John Menzies axes 17,500 jobs amid travel slump
LONDON, March 28 - Aviation services firm John Menzies has announced it has cut more than 17,500 jobs worldwide as it struggles...
Tea Market Report
Sale No. 11 of March 17 and 18
While all planting districts continued to mostly experience dry and humid conditions, the Department of Meteorology has predicted...
Asia shares up on multi-trillion dollar stimulus hopes
SINGAPORE, March 28. - Shares in Asia have continued a global stock market rally on hopes global authorities will do more to...
The uncertain future for China’s electric car makers
BEIJING, March 28 - Han Zhu is on a mission to go green. The 29-year-old data analyst wants her next car to be electric. But her...
Farming activities continue despite the troubled times
Farming activities continue despite the troubled times. File picture of a fresh milk collection centre 

Produced by Lake House. Copyright © 1995 - 2020 The Associated Newspapers of Ceylon Ltd.