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Published on Jul 3, 2020

Sri Lanka receives US$ 252 million foreign assistance for COVID-19 response

* Sri Lanka receives US$ 252 million foreign assistance for COVID-19 response Thu, Jul 2, 2020, 10:00 pm SL Time, ColomboPage News Desk, Sri Lanka. July 02, Colombo: Prime Minister Mahinda Rajapaksa has informed the Cabinet of Ministers that foreign …

Source: Lanka Page - Uncategorized
Published on Jul 4, 2020

Banks in Bangladesh have the lowest capital base in South Asia

The capital base of Bangladesh's banking sector is much weaker than in peer countries -- a situation that not only highlights its frailty but also the heightened vulnerability amid the coronavirus pandemic. Capital adequacy ratio (CAR) is the …

Source: Daily Star - Neutral
Published on Jun 28, 2020

Sri Lanka PM requests international lenders to grant debt relief to recover from COVID-19 crisis

* Sri Lanka PM requests international lenders to grant debt relief to recover from COVID-19 crisis Sun, Jun 28, 2020, 12:38 pm SL Time, ColomboPage News Desk, Sri Lanka. June 28, Colombo: Sri Lanka Prime Minister Mahinda Rajapaksa has requested the global …

Source: Lanka Page - Uncategorized
Published on Jun 24, 2020

Sri Lankaâ€™s external strains set to persist beyond elections - Fitch

* Sri Lanka’s external strains set to persist beyond elections - Fitch Wed, Jun 24, 2020, 11:12 am SL Time, ColomboPage News Desk, Sri Lanka. June 24, Colombo: Sri Lanka’s stressed external liquidity position is set to remain a weakness for the country’s …

Source: Lanka Page - Uncategorized
Published on Jun 21, 2020

Mangala defends Sri Lanka’s Central Bank

Jun 21, 2020 (LBO) – Former Finance Minister Mangala Samaraweera says that he is defending the actions of the Central Bank as the Bank has done what was required of them in response to the crisis. In an open letter to Prime Minister Mahinda Rajapaksa, the …

Source: Lanka Business Online - Uncategorized
Published on Jul 2, 2020

COVID And Latin America - The Worst Of Both Worlds

Before disembarking we were told by the pilot to complete a 'health immigration form', detailing any potential contact with COVID during the last 14 days, and to hand this to army medics who would be waiting for us upon arrival. As promised, we …

Source: Scoop - Left-wing
Published on Jun 14, 2020

Opinion: Sri Lanka’s future direction for raising debt in international markets

By Shamika Ramanayake: National debt and fiscal stability are two stretch-words often reverberating over during these pandemic/crisis times. As governments all around the world are pushing their boundaries to salvage national economies and avoid …

Source: Lanka Business Online - Uncategorized
Published on Jul 1, 2020

Indo-China Conflict: Is it Geopolitics Or Geo-Economics?

by Mohammad Imran Hossain 30 June 2020 The recent skirmish between Indian and Chinese soldiers in the line of control raised questions in the international media that that could trigger a border dispute and may turn into a large-scale military …

Source: South Asia Journal - Uncategorized
Published on Jun 7, 2020

Opinion: A new deal for Sri Lanka

By Mangala Samaraweera: The worst economic crisis since Independence is upon us. For some decades now the grim clouds of debt, waste and corruption have been gathering over our island. Now – as this fearsome storm of the Corona virus unleashes its fury – …

Source: Lanka Business Online - Uncategorized
Published on Jul 1, 2020

Watch China’s Unconventional Levers of Power in World Affairs

AdvertisementChinese security forces’ recent remarkable escalation of tensions along disputed boundaries with India, Japan, Taiwan, and Southeast Asian countries is the latest manifestation of actions China takes in order to exert and advance influence in …

Source: Diplomat - Uncategorized
Published on Jun 28, 2020

View: Why India should have a 'tit-for-tat’ approach with China

By Omkar Goswami After the Soviet Union’s demise, China has had an unambiguous view that there will be only two global superpowers, China and the US, in that order. Over the last three decades, it has singularly worked at making this a reality. Consider …

Source: The Economic Times - Neutral
Published on May 21, 2020

The Latest: 3 women killed in stampede over aid in Sri Lanka

Photo: Eranga Jayawardena, AP A stranded Sri Lankan inquires about transportation from a government soldier in Colombo, Sri Lanka, Monday, May 11, 2020. Sri Lanka's government asked state and private sector workers to resume work Monday after a nearly …

Source: SF Gate - California - Neutral
Published on May 20, 2020

Sri Lanka piles on more Chinese loans amid virus and debt crisis

COLOMBO -- Saddled with heavy debts, and facing a financial crisis brought on by the coronavirus, Sri Lanka appears to be doubling down: piling on more Chinese debt despite having to pay millions of dollars this year to service its current obligations. …

Source: Beijing News - Gov't Propaganda
Published on May 8, 2020

IMF in discussion with Sri Lanka on request to replace EFF with rapid financing instrument

* IMF in discussion with Sri Lanka on request to replace EFF with rapid financing instrument Fri, May 8, 2020, 08:05 pm SL Time, ColomboPage News Desk, Sri Lanka. May 08, Colombo: The International Monetary Fund (IMF) says that they are currently …

Source: Lanka Page - Uncategorized
Published on May 18, 2020

COVID-19: International and domestic challenges await Sri Lanka

by Asanga Abeyagoonasekera* 18 May 2020 “We’re going to turn it around. And we have the cards, don’t forget it. We are like a piggy bank that’s being robbed. We have the cards. We have a lot of power with China”[i] President Donald J. Trump during the 2016 …

Source: South Asia Journal - Uncategorized
Published on May 18, 2020

G-20 debt freeze won’t fix debt challenges for countries like Sri Lanka: Moody’s

May 18, 2020 (LBO) – The G-20 debt suspension initiative is unlikely to ease the significant credit challenges that the coronavirus pandemic has amplified in some frontier market sovereigns, Moody’s Investors Service said in a report today. QUOTES FROM …

Source: Lanka Business Online - Uncategorized
Published on May 3, 2020

Sri Lanka ranked among the emerging economies worst hit by COVID-19

* Sri Lanka ranked among the emerging economies worst hit by COVID-19 Sun, May 3, 2020, 09:25 pm SL Time, ColomboPage News Desk, Sri Lanka. May 03, Colombo: The international journal, The Economist has ranked Sri Lanka as one of the emerging economies most …

Source: Lanka Page - Uncategorized
Published on May 12, 2020

Sri Lanka: Rebalancing international politics and internal economics

N Sathiya Moorthy 11 May 2020 Even as President Gotabhaya Rajapaksa has begun addressing the post-covid economic recovery plans with the Task Force appointed by him, thee is an urgent need for the Government to consider domestic options thatfor the …

Source: South Asia Journal - Uncategorized
Published on Jun 26, 2020

#TimeForTravel: Transit travel resumes at Taoyuan International Airport; Munich Airport Terminal 1 to reopen

While “a crisis like no other” (in the words of the International Monetary Fund) rages, it is important to identify and highlight the sectors of the aviation, tourism and travel retail business that are beginning more rapidly, to recover. In this column, …

Source: The Moodie Davitt Report - Neutral

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Published on July 3, 2020 - 16:56 GMT

IMF Staff Completes a Virtual Review Mission to Serbia

July 3, 2020 IMF staff reached staff-level agreement on policies needed to complete the fourth review under the Policy Coordination Instrument (PCI). Notwithstanding a sizeable policy response, the COVID-19 pandemic has had a significant adverse impact on …

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Published on July 1, 2020 - 17:42 GMT

Coronavirus - São Tomé and Príncipe: International Monetary Fund (IMF) Staff Completes a Virtual Extended Credit ...

Download logo The COVID-19 pandemic is expected to cause a sharp real economic contraction of 6.5 percent in 2020 and raise large health and social needs; Program performance under the Extended Credit Facility (ECF) had a good start, but progress has been …

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Published on July 1, 2020 - 21:32 GMT

IMF Staff Concludes a Remote Staff Visit to Albania

July 1, 2020 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the …

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Published on June 30, 2020 - 19:30 GMT

IMF Staff Completes a Virtual Extended Credit Facility First Review Mission for São Tomé and Príncipe

June 30, 2020 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a virtual visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the …

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Published on June 27, 2020 - 09:15 GMT

Coronavirus - Egypt: IMF Executive Board Approves 12-month US$5.2 Billion Stand-By Arrangement for Egypt

Download logo The IMF approved a 12-month Stand-by Arrangement (SBA), with total access of about US$5.2 billion to address balance of payments financing needs arising from the COVID-19. Approval of the SBA enables the immediate disbursement of about US$2 …

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Published on June 27, 2020 - 01:13 GMT

IMF Executive Board Approves 12-month US$5.2 Billion Stand-By Arrangement for Egypt

June 26, 2020 The IMF approved a 12-month Stand-by Arrangement (SBA), with total access of about US$5.2 billion to address balance of payments financing needs arising from the COVID-19. The SBA will support the authorities’ efforts to preserve the …

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Published on June 26, 2020 - 23:15 GMT

IMF Executive Board Approves a US$356.5 Million Disbursement to Myanmar to Address the COVID-19 Pandemic

June 26, 2020 The IMF Executive Board approves the 72th request for emergency financial assistance to help its member countries address the challenges posed by COVID-19. Myanmar’s economy has been severely impacted by the COVID-19 pandemic. The global …

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Published on July 2, 2020 - 21:49 GMT

El Salvador : Technical Assistance Report-The Capacity Development National Accounts Statistics Mission

Author/Editor: International Monetary Fund. Statistics Dept. Publication Date: July 2, 2020 Electronic Access: Free Download. Use the free Adobe Acrobat Reader to view this PDF file Summary: A technical Assistance (TA) Mission was conducted by CAPTAC- …

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Published on July 4, 2020 - 18:25 GMT

Iran: Defiant youth target regime's repressive centers, symbols

Defiant youths set fire to the entrances of the regime's centers of repression in several cities PARIS, FRANCE, July 4, 2020 /⁨EINPresswire.com⁩/ -- During the past week, defiant youths set fire to the entrances of the regime's centers of …

Distribution channels: International Organizations, Military Industry ...
Published on July 4, 2020 - 07:30 GMT

Human Brain Project announces new phase

• The HBP presents its pioneering new Infrastructure EBRAINS to jumpstart a new era in neuroscience BRUSSELS, BELGIUM, July 4, 2020 /⁨EINPresswire.com⁩/ -- • The HBP is targeting brain networks, their role in consciousness, and artificial …

Distribution channels: Healthcare & Pharmaceuticals Industry, IT Industry ...
Published on July 3, 2020 - 18:27 GMT

Announcement: #FreeIran2020 Global Summit Online, Watch live broadcast: Friday, July 17, 2020

Iran Rising Up for Freedom, Stand With Iranian People and Their organized Resistance, MEK PARIS, FRANCE, July 3, 2020 /⁨EINPresswire.com⁩/ -- Every year, the Iranian Resistance holds its annual Free Iran grand gathering in Paris. Tens of thousands …

Distribution channels: Human Rights, International Organizations ...
Published on July 3, 2020 - 17:30 GMT

GoodFirms Unlocks the List of Reliable Law Firms for Legal Services - 2020

GoodFirms has revealed the Top Legal Firms based on Reliability, and Ability. WASHINGTON DC, WASHINGTON, UNITED STATES, July 3, 2020 /⁨EINPresswire.com⁩/ -- Today, most organizations seek out attorneys for handling the business formation, …

Distribution channels: Business & Economy, IT Industry ...
Published on July 3, 2020 - 15:45 GMT

IRS Reveals Surprising US Expat Tax Filing Habits

The IRS 2019 Data Book released this week reveals some surprising details about the way Americans living abroad file US taxes. NEW YORK, NEW YORK, US, July 3, 2020 /⁨EINPresswire.com⁩/ -- All American citizens, including those living abroad, are …

Distribution channels: Banking, Finance & Investment Industry, International Organizations ...
Published on July 3, 2020 - 12:22 GMT

The Economy is Turning to “Boutique” with New Problems on the Horizon, Expert Predicts

In today’s unprecedented times when big industries are disappearing and new ones born, Small Businesses are on the rise, creating a sort of Micro-Economies. TALLINN, ESTONIA, July 3, 2020 /⁨EINPresswire.com⁩/ -- ”Today’s businesses are changing. …

Distribution channels: Business & Economy, Companies ...
Published on July 3, 2020 - 09:32 GMT

Artificial Intelligence In Wealth Management To Provide Hybrid Services

The Business Research Company’s Wealth Management Market By Type Of Asset Class (Equity, Fixed Incomes, Alternative Assets And Others) – Global Forecast To 2023 LONDON, GREATER LONDON, UK, July 3, 2020 /⁨EINPresswire.com⁩/ -- Wealth management …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on July 3, 2020 - 07:22 GMT

CCC builds portable ICU units to combat the COVID-19 Pandemic

Consolidated Contractors Company in collaboration with CURA, successfully converted a container into a portable Intensive Care Unit (ICU). ATHENS, GREECE, July 3, 2020 /⁨EINPresswire.com⁩/ -- Consolidated Contractors Company (CCC) in collaboration …

Distribution channels: Building & Construction Industry, Emergency Services ...
Published on July 2, 2020 - 18:27 GMT

MEPS To Launch A Smart Digital Mobile Wallet & Loyalty Solution in Partnership with Toronto Based Company BeMotion Inc.

MEPS To Launch A Smart Digital Mobile Wallet & Loyalty Solution in Partnership with Toronto Based Company BeMotion Inc. TORONTO, ONTARIO, CANADA, July 2, 2020 /⁨EINPresswire.com⁩/ -- The project will center on a Multi-Million Dollar & …

Distribution channels: Companies, Culture, Society & Lifestyle ...
Published on July 2, 2020 - 14:00 GMT

Science, government, and business leaders say achieving SDGs requires digital governance

Distinguished business, government, and science leaders say a climate-safe, sustainable, and equitable world requires a secure, safe, trusted internet for all. MONTREAL, QUEBEC, CANADA, July 2, 2020 /⁨EINPresswire.com⁩/ -- On the eve of UN talks …

Distribution channels: Education, IT Industry ...
Published on July 2, 2020 - 11:00 GMT

Sonablate HIFU sales experience great momentum despite COVID as patient demand grows for less invasive option

SonaCare Medical has experienced an increased hospital demand resulting in new global orders and preorders for their Sonablate HIFU systems. CHARLOTTE, NORTH CAROLINA, UNITED STATES, July 2, 2020 /⁨EINPresswire.com⁩/ -- SonaCare Medical, the …

Distribution channels: Business & Economy, Healthcare & Pharmaceuticals Industry ...
Published on July 2, 2020 - 18:13 GMT

Coronavirus: Uganda provides a safe haven to Democratic Republic of the Congo (DRC) refugees amid COVID-19 lockdown

UNHCR, the UN Refugee Agency, welcomes the decision by the Government of Uganda to give safe haven to thousands of refugees fleeing escalating violence in the eastern Democratic Republic of the Congo (DRC). They have been stranded in a remote, inaccessible …

Distribution channels: Culture, Society & Lifestyle, Environment ...
Published on July 2, 2020 - 02:28 GMT

DC Black Fathers Matter Project Counters Tragedies of Police Violence and COVID-19 with a Positive Initiative.

Diverse Group of Civil Rights and Community Organizations Launch DC Black Fathers Matter Project with Motorcade in the Nation’s Capital for Father’s Day WASHINGTON, DC, USA, July 1, 2020 /⁨EINPresswire.com⁩/ -- The DC Black History Committee and …

Distribution channels: Banking, Finance & Investment Industry, Healthcare & Pharmaceuticals Industry ...
Published on July 1, 2020 - 20:02 GMT

KOSEC, Kodari Securities Launches Lotus Blue Investment Portal

After years of research and product development, KOSEC – Kodari Securities launches a revolutionary investment portal. SYDNEY, AUSTRALIA, July 1, 2020 /⁨EINPresswire.com⁩/ -- Lotus Blue Investment Portal aims at making investing or trading in the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on July 1, 2020 - 19:10 GMT

An Open Letter to the Prime Ministers of Canada and India from Krishnan Suthanthiran — "I too have a dream"

An Open Letter to the Honorable Justin Trudeau and Honorable Narinder Modi from Krishnan Suthanthiran seeking a Free Trade Agreement in 2020 OTTAWA, ONTARIO, CANADA, July 1, 2020 /⁨EINPresswire.com⁩/ -- Today is Canada Day — celebrated by all …

Distribution channels: Business & Economy, Energy Industry ...
Published on July 1, 2020 - 18:09 GMT

Video: Activities of the Resistance Units & MEK/PMOI supporters across Iran in Commemoration of June 20th Anniversary

“Massoud Rajavi On June 20, 1981, we upheld the banner of resistance.” “We will not rest until Iran is free, down with Khamenei.” PARIS, FRANCE, July 1, 2020 /⁨EINPresswire.com⁩/ -- “Onward to rebellion and uprising – a prosperous Iran, with …

Distribution channels: International Organizations, Media, Advertising & PR ...
Published on July 1, 2020 - 18:00 GMT

R4G Extends No Cost Staffing Service to Help Santa Monica Nonprofits Hire Moms

This summer, Recruiting for Good is offering cost free staffing services to help Santa Monica based nonprofits find and hire degreed moms for professional jobs. SANTA MONICA, CALIFORNIA, UNITED STATES, July 1, 2020 /⁨EINPresswire.com⁩/ -- …

Distribution channels: Culture, Society & Lifestyle, Education ...
Published on July 1, 2020 - 17:30 GMT

GoodFirms Unfolds the Trustworthy RPA, Bot & IoT Development Companies for 2020

GoodFirms highlights the list of RPA, Bot and IoT development companies to assist the businesses to reach new heights. WASHINGTON DC, WASHINGTON, UNITED STATES, July 1, 2020 /⁨EINPresswire.com⁩/ -- GoodFirms has unfolded the evaluated list of Top …

Distribution channels: Business & Economy, Companies ...
Published on July 1, 2020 - 15:14 GMT

Multi-Function Timesheet Updated With Some Significant New Features

A global leader in timesheet management systems, HMS Software has launched TimeControl 8.1, with major improvements for effective project control. TAMPA, FL, UNITED STATES, July 1, 2020 /⁨EINPresswire.com⁩/ -- With remote work doubling in the US …

Distribution channels: Business & Economy, Companies ...
Published on July 1, 2020 - 09:00 GMT

Unique, modular, cost-effective data analytics for 100Gbps launched by Velocimetrics

Velocimetrics’ unique approach to allow companies to analyse all enterprise data at just 50% of current costs LONDON, UK, July 1, 2020 /⁨EINPresswire.com⁩/ -- Velocimetrics, a Beeks Financial Cloud company (AIM: BKS) and the leader in business …

Distribution channels: Banking, Finance & Investment Industry, Companies ...