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Month: April 2020

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Coronavirus intensifies pressure on Sri Lanka finance companies

The coronavirus outbreak and the resultant prolonged business disruptions will put additional pressure on Sri Lankan finance and leasing companies’ (FLCs) earnings and asset quality, says Fitch Ratings. The ultimate…

ADB: COVID-19 to slowdown Sri Lanka’s economic growth to 2.2% this year

The ADB in its latest report, Asian Development Outlook (ADO) 2020 released on Friday (3) forecasted significant headwinds for Sri Lanka’s economy as it fights the spread of COVID-19, which…

Payments through OIAs suspended for 3 months

The government has taken steps to suspend Sri Lankan residents from making payments through Outdraw Investment Accounts (OIA) for overseas investments for a period of three months. Prime Minister Mahinda…

Huawei Ranks No.1 in 2019 Data Center Interconnect Market Share Outside of North America

Omdia, a leading market research institute, recently released analysis of 2019 Data Center Interconnect (DCI) vendor market shares. Based on this latest Omdia data, Huawei calculates its market share of…

வாடிக்கையாளர்களின் பின்னூட்டலுக்கு கவனம் செலுத்தி இரவு நேர ஒதுக்கீடின்றி 100% Anytime டேட்டாவை வழங்கும் Hutch

இன்று மேற்கொள்ளப்பட்ட ஒரு முக்கிய அறிவிப்பின் பிரகாரம், Hutch தனது சந்தாதாரர்களுக்கு 100% Anytime டேட்டா பெக்கேஜ்களை, எவ்வித இரவு நேர ஒதுக்கீடும் இல்லாமல் வழங்க  ஆரம்பித்துள்ளது. வாடிக்கையாளர்கள் தங்களின் இரவு நேர ஒதுக்கீட்டை அணுகுவதற்கு நள்ளிரவு வரை இனி காத்திருக்கவோ,…

හච් පාරිභෝගිකයින්ගේ ඩේටා ගැටලුවට විසඳුමක් ලෙසින් 100% ක් Anytime Data පිරි නමයි

පාරිභෝගිකයින්ගේ ඩේටා ගැටලුවට විසඳුමක් ලෙස, හච් වෙතින් දැන් උදේ සහ රාත්‍රී බෙදීමකින් තොරව දවසේ ඕනෑම වේලාවක භාවිතයට ගත හැකි 100 % ක් Anytime Data පිරි නැමීම ආරම්භ කළ බව දැනුම් දී තිබේ.…

Hutch Pays Heed to Customer Feedback offering 100% Anytime Data without Night Time Quotas

In a significant announcement made today, Hutch has started offering its subscribers 100% Anytime Data packages without any night time quotas. Customers will no longer have to wait till midnight…

Sri Lankan Rupee depreciates further

The Sri Lankan Rupee has further depreciated against the US Dollar, with the speculative behaviour in the market with the spread of COVID-19 outbreak. According to the Central Bank of…

UN foresees global economy to contract 0.9% in 2020

UN (AP) – The global economy could shrink almost 1% this year due to the new coronavirus, a sharp reversal from the pre-pandemic forecast of 2.5% growth, the United Nations…

World Bank Fast-Tracks $128 Million COVID-19 Support for Sri Lanka

WASHINGTON, — The World Bank’s Board of Executive Directors Thursday (02) approved the $128.6 million Sri Lanka COVID-19 Emergency Response and Health Systems Preparedness Project to help the country prevent,…