Business and Economics
IIT’s online seminars in ICT help O/L and A/L students continue their exam preparations

In view of the ongoing lockdown in Sri Lanka caused by the COVID-19 threat, Informatics Institute of Technology (IIT), the pioneer in British higher education in Sri Lanka and the country’s premier IT and Business campus, has increased its ongoing series of online support seminars in ICT, that help prepare Ordinary Level (O/L) and Advanced Level (A/L) students for their examinations later this year.

With the COVID-19 pandemic bringing the country to a virtual standstill, students preparing to face the O/L and A/L examinations this year are greatly inconvenienced. Their school term was abruptly cut short disrupting their studies while they were restricted to their homes unable to attend school or tuition classes. As a responsible organisation that is always ready to help the young minds of the nation, IIT stepped forward to help these students continue their ICT studies. By utilizing its ICT expertise, IIT put together a series of informative online seminars that focused on the ICT subject for both O/L and A/L students.


Swadeshi Khomba Baby partners Hoda Purudu

The Swadeshi Industrial Works PLC’s baby care brand Khomba Baby partnered with the respected global youth leadership organization-AIESEC to take the ‘Hoda Purudu 12 steps’ across the country under the theme “World’s Largest Lesson”. The programme consist of training children between the ages 6-11 years and then conducting a competition to award the best “Khomba Baby Hoda Purudu” student and thereby offer a scholarship in each school. Primary students from 17 selected schools in Colombo, Gampaha and Kalutara Districts were trained on the 12 steps of “Hoda Purudu” reaching 4,000 children in the first phase of a national role out.

Swadeshi has a rich tradition of helping local communities in various CSR projects enriching the lives of our communities living in Sri Lanka.

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CSE issues new COVID-19 disclosure guidance

The Colombo Stock Exchange (CSE) has requested all listed entities to disclose the impact of COVID-19 pandemic on their business operations.

The CSE noted that the COVID-19 pandemic is impacting the business activities of the Listed Companies in a substantial manner. Whilst many Listed Companies have recognized it as a significant risk in their business operations, its future effects on the respective Companies remain uncertain.

The CSE said it acknowledges that it may be difficult to assess or predict with precision the broad effects of COVID-19 on industries or individual companies. Further, the CSE also recognizes that the actual impact would largely depend on several factors beyond a company’s control and knowledge.

The CSE said that it  has always considered that timely, robust, and accurate information provided by the Listed Companies is of paramount importance to the investing public for the sustenance of a fair and orderly market.

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