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COVID-19: Human development on course to decline this year for first time since 1990

May 21, 2020 (LBO) – Global human development – which can be measured as a combination of the world’s education, health and living sRead More

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Lanka Business Online

New mechanism to repatriate Sri Lankans 2020-05-26 09:52:07May 26, 2020 (LBO) – A new mechanism is to be formulated to repatriate Sri Lankans who are stranded or faced with various difficulties in the wa

Thailand Prime Minister leads National committee to promote 2020-05-26 09:02:47May 26, 2020 (LBO) – A 26-member National 5G Committee has been formed with Thailand Prime Minister Prayut Chan-o-cha as chairman to coordinate

Proposal to reopen Airports for tourists from August 2020-05-26 08:47:36May 26, 2020 (LBO) – The Task Force Committee entrusted with COVID – 19 control proposed to President to reopen airports for foreign touri

Seychelles HC clarifies on the arrival of 35 2020-05-26 06:46:07STATEMENT from SEYCHELLES HIGH COMMISSION On behalf of the Government of Seychelles, we wish to place on record our gratitude to the Government of Sri

Opinion: Building a resilient food system in Sri 2020-05-26 04:12:10Manoj Thibbotuwawa COVID-19 is dealing an unprecedented blow to economies around the globe and the health risk is only the tip of the iceberg. Among t

Commercial Credit appoints D Soosaipillai as new Chairman 2020-05-26 03:37:27May 26, 2020 (LBO) – D Soosaipillai, a pioneer in the leasing and financial services industry both in Sri Lanka and overseas was recently appoin

Curfew only between 10 pm to 4 am 2020-05-25 07:34:07May 25, 2020 (LBO) – Curfew will be effective only between 10 pm to 4 am daily in all the districts in the island from tomorrow onwards until fu

SLT clarifies situation regarding recent cyber attack on 2020-05-25 05:51:08May 25, 2020 (LBO) – SLT says that they have detected an attempt of a cyber-attack, which has affected only a section of their internal IT syste

VIDEO: How do virus tests like PCR actually 2020-05-25 02:35:33A new virus emerges and spreads like wildfire. In order to contain it, researchers must first collect data about who’s been infected. Two main v

Sri Lanka seeks USD1.1bn special SWAP facility from 2020-05-24 03:12:23May 24, 2020 (LBO) – President Gotabaya Rajapaksa yesterday asked Indian Prime Minister Narendra Modi to help Sri Lanka by providing a special S

Prime Group sets benchmark for real estate industry 2020-05-21 09:17:15Property magnet Prime Group makes history as the first institution in the Sri Lankan real estate industry to receive a prestigious issuer rating of [A

COVID-19: Human development on course to decline this 2020-05-21 02:54:08May 21, 2020 (LBO) – Global human development – which can be measured as a combination of the world’s education, health and living s

Trading Economics

Sri Lanka Coronavirus Recovered 2020-05-14 22:27:00Sri Lanka recorded 445 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Sri Lanka report

Sri Lanka Coronavirus Deaths 2020-05-14 22:26:00Sri Lanka recorded 9 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Sri Lanka reported 91

Sri Lanka Coronavirus Cases 2020-05-14 22:24:00Sri Lanka recorded 915 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Sri Lanka reported 9

Sri Lanka Three Month Interbank Rate 2020-05-14 02:06:00Sri Lanka Three Month Interbank Rate was at 7.06 percent on Thursday May 14. Interbank Rate in Sri Lanka averaged 11.57 percent from 2000 until 2020,

Sri Lanka Balance of Trade 2020-05-12 08:54:00Sri Lanka recorded a trade deficit of 730 USD Million in January of 2020. Balance of Trade in Sri Lanka averaged -530.99 USD Million from 2003 until 2

Sri Lanka - Credit Rating 2020-05-12 06:15:00Standard & Poor's credit rating for Sri Lanka stands at B with negative outlook. Moody's credit rating for Sri Lanka was last set at B2 with und

Sri Lanka Tourist Arrivals 2020-05-11 10:32:00Tourist Arrivals in Sri Lanka decreased to 0 in April from 71370 in March of 2020. Tourist Arrivals in Sri Lanka averaged 53458.42 from 1977 until 20

Deposit Interest Rate in Sri Lanka 2020-05-09 06:18:00Deposit Interest Rate in Sri Lanka decreased to 5.50 percent in May from 6 percent in April of 2020. Deposit Interest Rate in Sri Lanka averaged 9.22

Sri Lanka Cash Reserve Ratio 2020-05-09 06:18:00Sri Lanka Cash Reserve Ratio was at 4 percent on Friday May 8. Cash Reserve Ratio in Sri Lanka averaged 8.32 percent from 1999 until 2020, reaching an

Sri Lanka Standing Lending Facility Rate 2020-05-08 05:12:00Lending Rate in Sri Lanka decreased to 6.50 percent in May from 7 percent in April of 2020. Lending Rate in Sri Lanka averaged 10.34 percent from 1999

Sri Lanka Interest Rate 2020-05-08 05:12:00The benchmark interest rate in Sri Lanka was last recorded at 5.50 percent. Interest Rate in Sri Lanka averaged 7.77 percent from 2003 until 2020, rea

Sri Lanka Capacity Utilization 2020-05-05 19:13:00Capacity Utilization in Sri Lanka remained unchanged at 81 percent in 2018 from 81 percent in 2017. Capacity Utilization in Sri Lanka averaged 79.64 p

Reuters: Business News

Wall Street ends mostly higher as U.S.-China spat 2020-05-29 19:02:36U.S. stocks finished mostly higher on Friday after President Donald Trump announced measures against China in response to new security legislation tha

United Airlines cutting 13 top jobs, adding international 2020-05-29 18:37:10United Airlines Holdings Inc said on Friday it will eliminate 13 officer positions even as it adds international flights back to its network, part of

Southwest Airlines CEO sees low-fare environment when traffic 2020-05-29 18:31:20Southwest Airlines Co Chief Executive Officer Gary Kelly said on Friday he expects a "brutal low-fare" environment when traffic returns after coron

Sale of shut Philly refinery to real estate 2020-05-29 18:20:16The closing of a $252 million sale of the Philadelphia Energy Solutions (PES) oil refinery to a Chicago-based real estate developer has been delayed,

Preliminary agreement reached in Lufthansa bailout row: sources 2020-05-29 17:30:40Germany and Brussels have reached a preliminary agreement in the ongoing row over the 9 billion euro ($10 billion) bailout of carrier Lufthansa , two

Stocks rebound on relief at Trump's response to 2020-05-29 16:48:01A gauge of global equities rebounded and crude oil rose on Friday after U.S. President Donald Trump ordered an end to Washington's special treatment

U.N. agency task force urges uniform approach to 2020-05-29 16:41:18A United Nations aviation-led task force is urging airlines, airports and countries to come up with a uniform approach to flying safely during the cor

Trump administration to study ways to protect for 2020-05-29 16:24:05The Trump administration will study ways to safeguard Americans from the risks of investing in Chinese companies, U.S. president Donald Trump said on

U.S. senators urge probe of TikTok on children's 2020-05-29 16:15:57Four U.S. senators, including a China hawk, urged the Federal Trade Commission on Friday to investigate allegations that the popular video app TikTok

Oil surges 5% on U.S.-China trade optimism, falling 2020-05-29 15:55:25Oil prices soared on Friday, with U.S. futures closing out May with record monthly gains, on hopes that the U.S.-China trade deal would remain intact

Lyft violates Washington DC sick day law during 2020-05-29 15:35:31Lyft Inc was sued on Friday by a former driver who accused the ride-sharing company of failing to provide required paid sick leave to drivers in Washi

Tencent in talks to buy Warner Music stake: 2020-05-29 14:48:49Chinese internet giant Tencent Holdings Ltd is in talks to invest $200 million in Warner Music Group, ahead of the record company's slated initial p

UN News Centre - Economic

Guterres encourages Member States to reach agreement over 2020-05-19 16:38:40UN chief António Guterres is encouraging Egypt, Ethiopia and Sudan to persevere with efforts to overcome their differences and reach agreement

WHO countries agree 'equitable and timely access' to 2020-05-19 16:15:00The World Health Organization (WHO) concluded the annual World Health Assembly on Tuesday, adopting a resolution that calls for an independent re

Post-pandemic ‘green shift’ in transport could create up 2020-05-19 11:11:05Transforming the transport sector to be more environmentally-friendly in the aftermath of the COVID-19 pandemic, could create up to 15 million new job

UN chief renews call for COVID-19 solidarity as 2020-05-18 11:09:03A “massive” and combined effort by all countries is needed to tackle the COVID-19 pandemic, UN Secretary-General António

Cultivating a taste for traditional crops in Hawaii 2020-05-16 18:35:05Hundreds of millions of people go hungry around the world, and there are fears the COVID-19 pandemic could make matters worse. In Hawaii, researchers

Workers and COVID-19: Access to healthcare, now ‘a 2020-05-14 16:46:09The spread of COVID-19 in developing countries has exposed gaps in social protection coverage which could compromise recovery plans, expose millions o

Coronavirus ‘grim reality’: World economy to shrink by 2020-05-13 16:47:24Against the backdrop of the raging COVID-19 pandemic, the world economy in 2020 is projected to shrink by 3.2 per cent, racking up some $8.5 trillion

Universal basic income the right prescription for Latin 2020-05-12 15:27:23A new report by the Economic Commission for Latin America and the Caribbean (ECLAC) unveiled on Tuesday, proposes that governments ensure im

Moving towards 100% renewable power in Hawaii (with 2020-05-10 08:15:06The US island state of Hawaii has committed to generating 100 per cent of its power using renewable energy by 2045, demonstrating to other US states a

Ensure city poor and vulnerable are fed, amidst 2020-05-10 00:30:08The UN food agency, FAO, warns that hunger and fatalities could rise significantly in urban areas, without measures to ensure that poor and vulnerable

First Person: Fashionable face masks, creativity and dressing 2020-05-09 08:35:06A fashion designer and stylist in New Orleans, one of the early epicentres of the COVID-19 outbreak in the United States, has said that she was left &

Senior UN official calls for universal basic income 2020-05-06 06:25:07The COVID-19 pandemic is not only a health crisis, but it is also proving to be an economic disaster for huge numbers of people worldwide. A senior UN

BBC News - Business

Coronavirus: UK sees almost no car manufacturing in 2020-05-28 19:06:19Output fell by 99.7% from the same month last year as virus closes car plants.

Over 100 MPs ask Chancellor to extend self-employed 2020-05-28 19:06:12They have written to him, warning many would not be able to work once it ends.

Trump signs executive order targeting Twitter after fact-checking 2020-05-28 17:15:50The US president's move follows a decision by Twitter to add a "fact-check" notice to his tweets.

Renault prepares for 15,000 job cuts 2020-05-28 16:33:38The French carmaker in February reported its first annual loss in a decade

What if the US removes Hong Kong's special 2020-05-28 14:55:45Until now, the US has given Hong Kong favourable trading terms

Trump to take 'big action' against social media 2020-05-28 13:10:56The US president is expected to sign an executive order following a row with Twitter.

Biggest UK solar plant approved 2020-05-28 12:33:28Climate change: Go-ahead for controversial solar farm - the UK's biggest

Will coronavirus change America's jobless stigma? 2020-05-28 12:29:42In a country where state aid is frowned upon, the number of Americans receiving benefits has skyrocketed.

MPs call for urgent action to save aviation 2020-05-28 10:27:15A cross-party group adds its voice to concerns about the government's plan to quarantine all arrivals.

Nissan backs UK plant but protests erupt in 2020-05-28 10:11:04Almost 3,000 jobs will be lost in Spain but the carmaker says its Sunderland factory will stay open.

Coronavirus: EasyJet plans up to 4,500 job cuts 2020-05-28 08:24:08The airline says up to 30% of its workforce will go as it struggles with the slump in demand for air travel.

Murdoch shuts 112 Australia print papers in major 2020-05-28 04:18:15More than 100 print papers to close as News Corp shifts to digital after the virus pandemic hit revenues.

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