GDP growth rate of around 5% expected in 2021
The ongoing vaccination drive throughout the country and the likely removal of mobility restrictions are expected to ease the impact of the current wave of COVID-19 on overall economic activity, thereby facilitating a sustained…
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Basil Rajapaksa assumes duties as Finance Minister
The founder of Sri Lanka Podujana Peramuna (SLPP) Basil Rajapaksa took oaths as the Cabinet Minister of Finance yesterday morning at the Finance Ministry yesterday. (July 08).
Former President and Prime Minister Mahinda Rajapaksa…
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JAT Holdings to invest Rs. 800 mn to strengthen overseas operations
JAT Holdings will invest over Rs. 800 million to strengthen their overseas operations this year with RS. 500 million being invested to enhance manufacturing capacity for their factory in Bangladesh and strengthen capacity in East…
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Bangladeshi support for Lanka’s shipping industry development commended – SLPA Chairman
A friendly meeting between the High Commissioner of Bangladesh to Sri Lanka Tareq Md Ariful Islam and the Chairman of the Sri Lanka Ports Authority (SLPA) Capt. Nihal Keppetipola was held yesterday at the Chairman’s office of the SLPA…
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Bourse continues positive momentum
The Colombo bourse continued the positive momentum whilst both the indices managed to stay in the green territory yesterday.
The All Share Price Index hence marginally rose by 2.2 points (+0.0%) to close at 7,811.6 yesterday…
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Notable economic recovery by last quarter 2021 – CBSL
Sri Lanka’s first quarter growth would be better than expected, Central Bank Governor Prof. W D Lakshman said.
Despite the fact that GDP estimates for the first quarter of 2021 have not been released, Governor Prof. Lakshman said…
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New consortium aims to improve COVID-19 response in South Asia
The deadly COVID-19 surge in India and South Asian countries over the past few months has led to overwhelmed hospitals, questionable treatments for patients, and rampant misinformation. In addition, countries have struggled to ensure…
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Uganda loses 37 Health Workers to COVID-19
Uganda saw an increase in deaths among health care workers last month just as COVID-19 cases increased. Sixteen doctors died of the disease, while others are in intensive care.
Uganda Medical Association believes more than 100…
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