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By Peiris Manjari. Colombo, 29 March, (Asiantribune.com):. Donations to COVID – 19 Healthcare and Social Security Fund that has been established to strengthen the mitigation activities aimed at controlling the spread of COVID-19 virus in the country and related social welfare programme, have been exempted from taxes and foreign exchange regulations.
Peak Oil News 03/28/2020 20:49
The international oil market is composed of two types of companies: International Oil Companies (IOC) and National Oil Companies (NOC). The former are Western firms with their origin often linked to the colonial past such as BP and Royal Dutch Shell. NOCs, on the other hand, were founded in a wave of nationalism in the […]
The Grumpy Economist 03/28/2020 20:33
Take your bets which produces more ventilators faster. From . First quoting New York Times,. The White House had been preparing to reveal on Wednesday a joint venture between General Motors and Ventec Life Systems that would allow for the production of as many as 80,000 desperately needed ventilators to respond to an escalating pandemic when word suddenly came down that the announcement was off. The decision to cancel the announcement, government officials say, came after the Federal Emergency Management Agency said it needed more time to assess whether the estimated cost was prohibitive. That price tag was more than $1 billion,. The president went on to invoke the defense production act, to somehow force companies to do it. MR:. At $1.2-$1.5
Orissa POST (India) 03/28/2020 20:30
Mumbai: Bollywood superstar Akshay Kumar Saturday announced that he will be donating Rs 25 crore towards Prime Minister Narendra Modi’s PM-CARES fund to help the government in its fight against coronavirus pandemic. PM Modi had earlier Saturday announced the creation of the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM-CARES) where people […]

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