Business and Economics
Hemas donates Shield soap to Navy Hospital Welisara

Understanding the frontlines of the fight against COVID-19 outbreak, Hemas Fast Moving Consumer Goods (FMCG) has made a donation of Shield soap to the Navy General Hospital recently.

The medical and field staff, of the Navy General Hospital in Welisara, a COVID-19 centre, is in the forefront battling against the disease and continue to work tirelessly, knowingly putting themselves at risk to save lives.

Supporting the Navy Hospital is part of a series of initiatives undertaken by Hemas FMCG to provide all possible assistance to support the nation during this unprecedented COVID-19 pandemic.

Director Marketing, Hemas Manufacturing Fiona Juriansz Munasinghe, said, “The coronavirus pandemic continues to have a tremendous impact on our society. We are deeply committed towards supporting the nation and to assist those who are in need, especially health workers and personnel in the frontline who are stepping directly into COVID-19’s path to aid the afflicted and help halt the virus’s spread.”


Debunking Nutritional Myths – What you really need to know

A healthy and a balanced diet is all the rage! The awareness of packing up the right nutrients in meals is a hot topic these days as we all search for the latest buzz on sustaining a healthy metabolism and immunity. One such nutritional resource is, margarine and fat spreads. However, over the years it has been subjected to many misconceptions and hearsay.

These claims may have come to you from well-meaning friends or relatives, but here’s the opportunity to know the whole truth and nothing but the truth. So, push the pause button on redistributing bits of false information and let’s debunk them.

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Trade deficit narrows to US$ 549 mn in March

The COVID -19 pandemic and the imposition of a partial lockdown in Sri Lanka in the second half of March 2020 affected external sector performance in March 2020.

Breakdown in supply and demand chains along with the interruption of domestic production processes resulted in a notable decline in merchandise exports as well as merchandise imports.

However, with a greater decline in the expenditure on imports compared to the decline in earnings from exports, the trade deficit narrowed over the same period in 2019. The tourism industry was severely affected with the imposition of travel restrictions globally and the closure of the Bandaranaike International Airport (BIA).

Workers’ remittances declined notably in March 2020, with the return of migrant workers from affected countries as well as the reported job terminations of some workers abroad.

However, the financial account was also strengthened with the receipt of proceeds from the syndicated loan facility in March 2020.

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