PUCSL to issue NVQ3 Level certificates to 45,000 electricians in Sri Lanka within two years

The Public Utilities Commission of Sri Lanka (PUCSL) has launched a program to provide National Vocational Qualification (NVQ 3 Level) free of charge to trained electricians island-wide from last March. This project is being carried out in collaboration with the National Vocational Training Authority and the Tertiary and Vocational Education Commission. Accordingly, 2500 electricians covering […]

WindForce to develop Karadiyana Waste to Energy Power Plant

Sri Lanka’s largest publicly listed power company WindForce Ltd. aims to fast-track the development of the Karadiyana Waste to Energy Power Plant, having signed a Share Sale and Purchase agreement with Fairway Holdings (Pvt) Ltd. With this agreement, WindForce acquires a controlling stake of 92.5% stake in Fairway Waste Management (Pvt) Ltd. Renowned for introducing […]

Port City Colombo opens gates for investment

Port City Colombo, Sri Lanka’s brand-new reclaimed land, slated as the “Gateway to South Asia”, now officially becomes the country’s first service oriented Special Economic Zone (SEZ). The Sri Lankan Parliament, today (20th), adopted a powerful Bill enabling a giant step in Port City Colombo becoming a pivotal global financial and services hub for South […]

PET collector’s journey amidst a raging pandemic

How Mahesh creates his livelihood around plastic, impacts of COVID-19 and waste segregation in Sri Lanka The importance of recycling is highlighted globally because waste has a negative effect on the natural environment. In some capacity, recycling also gives society an excellent reason to play a supporting role in keeping our planet clean. Recycling also […]

Arrangements to provide EPF services remotely due to travel restrictions

Arrangements have been made to provide the services of Employees’ Provident Fund Department (EPF) by post, e-mail, internet or through the branches of commercial banks due to the travel restrictions imposed in the country without requiring the member to visit the head office in Colombo and regional offices of the Central Bank to obtain the […]

Teejay reports its highest quarterly revenue since inception

Strong revenue and profit growth in the fourth quarter at both Group and Company level have enabled Teejay Lanka PLC to significantly minimise the impact of the pandemic-affected first quarter on the Group’s full-year results and end 2020-21 on a resilient footing. Sri Lanka’s top textile manufacturer has reported profit before tax of Rs 902.8 […]

Parliament adopts Port City Bill; Project Company invites investors to explore opportunities

CHEC Port City Colombo, the Project Company, invites local and foreign investors to explore the unique investment opportunities now available at Port City Colombo. Port City Colombo, now officially becomes the country’s first service-oriented Special Economic Zone (SEZ). The Sri Lankan Parliament, today adopted the Port City Economic Commission Bill with amendments. Full Statement Port […]

We will refer offers to the principal company for approval: Hemas Pharmaceuticals

Sole local representative for AstraZeneca and Pfizer in Sri Lanka, Hemas Pharmaceutical (Pvt) Ltd says that they will refer all offers other than directly from the manufacturer to the principal company for approval to ensure the importation of quality products. Releasing a statement, the company, however, added that they welcome the request by the Ministry […]

Sri Lanka records USD 798.9 Mn exports in April

Sri Lanka’s export performance continued its upward momentum in the first three months of 2021. Due to the Covid-19 pandemic-induced lockdown last year, exports were contracted by a record 64.63 percent in April 2020. However in April this year, exports grew up by 183 percent to US$ 798.9 Mn in comparison to the previous year. […]

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