Sri Lanka’s HIP to be a key transhipment port for India’s EV manufacturing hub
With India looking very positively at becoming a manufacturing hub for electric vehicles (EV), joint venture partners are looking very closely at …
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Doc990 introduces digital health services via Amazon’s alexa
Introducing the next frontier for conveniently accessing healthcare services from home, Doc990, Sri Lanka’s pioneering digital health solutions …
Sri Lanka’s crisis offers an opportunity to reset its development model
By Martin Raiser, Vice President for the South Asia Region, World Bank Group Sri Lanka is at a critical moment in its history. Years of …
Sri Lanka targets growing European market for organic food
A delegation from Sri Lanka participated in the BIOFACH Trade Fair, the world’s largest annual organic food products trade show held from 14-17 …
Delmege Forsyth launch new energy saving LED bulb
Delmege Forsyth & Co Ltd, launched its newest product from its ever-increasing product portfolio in the form of a range of high quality LED …
Sunquick Lanka officially opens ready-to-drink manufacturing facility in Horana
Sunquick Lanka (Private) Limited, the local manufacturer of the much loved Sunquick fruit concentrate, Sunquick BiBi ready-to-drink (RTD), officially …
PCCW Ltd announces Mohamed Sharhan Mohamed Muhseen as new independent non-executive director
The board of directors (the “Board”) of PCCW Limited (the “Company”) is pleased to announce that Mohamed Sharhan Mohamed Muhseen has been …
Norfund to support development of Hela Apparel Holdings’ East African operations with USD 14Mn investment
Norfund, the Norwegian government’s investment fund, with a mission to support sustainably driven business operations in developing countries, …
ComBank Group consistent with solid topline growth in 2022, increases provisioning
Income grows 71% to Rs 280.4 Bn. for the year and 94% to Rs 84.8 Bn. in Q4 Record impairment provisioning for the year – up 186% to Rs 71.9 …
Over 1.2Mn orders were influenced by Daraz Live campaigns and streams in 2022
Daraz Group, South Asia’s leading e-commerce platform, released the inaugural report on Daraz Live selling in South Asia. The report indicated that …
SL Retail Ass President stresses need for regulatory and policy overhaul to ensure industry’s future
The Sri Lanka Retail Forum (SLRF) 2023 conducted by the Sri Lanka Retailers Association (SLRA) on 1st March, 2023, will address many of the pressing …
TEDxColombo Returns Bigger and Better in 2023 After Pandemic Hiatus
The ever-popular TEDxColombo, an independently organized event licensed by TED, is set to return for its 10th edition, featuring local voices and …
Pan Asia Bank reports profit of Rs. 2Bn in 2022: Report
Total Assets touch Rs. 208 billion, up by 10% Customer deposit base reaches Rs. 162 billion, up by 11% Profit after tax for the year stood at Rs. 2 …
Govt expects investment to flow but country risk remain unresolved: Eran
We are talking on two Regulations under the Port City Really to get this country out of the current economic mess we know we have a debt crisis and …
Fitch Affirms Dialog Axiata at ‘AAA(lka)’; Outlook Stable
Fitch Ratings has affirmed the National Long-Term Rating of Sri Lanka-based telecom company Dialog Axiata PLC at ‘AAA(lka)’. The Outlook …
CSE enables REPO transactions between eligible investors operating through same trading participant
The Colombo Stock Exchange (CSE) announces the amendment of Trading Rules on the Over the Counter (OTC) Platform, where Repurchase (REPO) …
Faizal Salieh appointed as new SEC Chairman
The Securities and Exchange Commission of Sri Lanka (SEC) today announced that Faizal Salieh assumed duties as the Chairman of the SEC on 20th …
SL Properties Gain Increased Interest among Overseas Buyers: Report
Overseas buyer interest in Sri Lankan properties increased by 40% in 2022, compared with the year before, according to the Real Estate Market Outlook …
SLT-MOBITEL Enterprise, first in SL to obtain VMware Cloud Verified Certification with VCF cloud deployment
SLT-MOBITEL, the National ICT Solutions Provider of Sri Lanka, has announced that it has become the first service provider in the country to obtain …
RIU to host webinar on achieving debt sustainability and safeguarding social wellbeing
The Research Intelligence Unit (RIUNIT) is hosting the webinar entitled ‘lessons from Sri Lanka’s sovereign debt crisis’ on 22 …
Australia keen to invest in SL mining, energy and agriculture sectors
With Australian companies increasingly eager to explore investment opportunities in Sri Lanka, trade and investment promotion and facilitation …
Senior USAID official visits Sri Lanka to understand needs of food-insecure communities
The United Nations World Food Programme (WFP) welcomed Stephanie Wilcock, Director for Asia, Latin America and the Caribbean of the U.S. Agency for …
TISL files FR case regarding controversial medical supplies procurement through Indian Credit Line
Transparency International Sri Lanka (TISL) today filed a fundamental rights petition (SC/FR 65/2023) in the Supreme Court naming 47 Respondents, in …
US Support Trains Public Sector Accounting & Auditing Professionals on Accounting Standards & IT
The first group of Sri Lankan public sector accounting and auditing professionals participated in Sri Lanka Public Sector Accounting Standards 11-20 …