JKH records strong growth in EBITDA to Rs.13.7 Bn in Q3 2023/24

John Keells Holding says during the quarter under review, the Group reported a strong performance with all industry groups recording a growth in profits with the Group earnings before interest expense, tax, depreciation and amortisation (EBITDA) at 13.74 billion rupees in the third quarter of the financial year 2023/24 which is a 32 percent increase […]

EDEX Expo 2024: Empowering Sri Lankan youth with education, innovation, and sustainability

Dedicated to providing comprehensive insights into a diverse range of opportunities in higher education, training, gainful employment and entrepreneurship for the Sri Lankan youth, the EDEX Expo 2024, the country’s largest, longest running and premier Education Expo will take place from 9th to 11th February at the Sri Lanka Exhibition and Convention Center (SLECC) in […]

Land price movement at its flattest in many years: RIUNIT

The Research Intelligence Unit says that during the firms extensive 21 years of tracking land prices in Sri Lanka, the current period stands out as the flattest so far. In the aftermath of the economic crisis, we noted that the anticipated rebound in land prices has proven to be a more sluggish than first expected. […]

VAT on used vehicles hurts the common man and creates a black market – CMTA

The Ceylon Motor Traders’ Association (CMTA) made a statement claiming that the newly imposed VAT on used vehicles, has supported the creation of a black market in the industry, while increasing the market prices of used vehicles which is hurting the common man of the country.   The recent implementation of VAT has stirred concerns […]

PUCSL and Environment Min ink agreement to enhance certification system for RAC and MAC Technicians in SL

The Public Utilities Commission of Sri Lanka (PUCSL) – the electricity industry regulator, signed a Memorandum of Understanding (MOU) with the Air Resource Management and National Ozone Unit of the Ministry of Environment, Tuesday aimed at establishing a comprehensive licensing system for Refrigeration, Air Conditioning (RAC) and mobile air conditioning (MAC) technicians and to provide […]

SriLankan Aviation College joins ranks of IATA’s regional training partners

SriLankan Aviation College, the training arm of SriLankan Airlines, has signed on to become Sri Lanka’s only International Air Transport Association (IATA) Regional Training Partner joining ranks of a prestigious few training centers numbered to seven in all of Asia. SriLankan Aviation College will be offering the Safety Management Systems (SMS) for Maintenance and Repair […]

Sri Lankans resettled in Tamil Nadu receive passports

The Deputy High Commission of Sri Lanka in Chennai conducted an event on 19 January 2024 to hand over the first batch of ” All Country Passports” to Sri Lankan nationals resettled in Tamil Nadu. The Government of Sri Lanka has so far been issuing a travel document called Refugee Repatriation Passport for this segment […]

Sri Lanks President addresses the 19th Summit of Non-Aligned Movement

President Ranil Wickremesinghe called on the Non-Aligned Movement (NAM) tobecome a dynamic bloc of the Global South capable of making an effective impact in shaping the evolving new order while addressing the 19th Summit of the Heads of State and Government of the NAM today (19th January), in Kampala, Uganda. President Wickremesinghe is participating at the 19th NAM Summit […]

Hatch and Sarvodaya launch “GoviLab” AgriTech accelerator

Sarvodaya, a grassroots organization, is partnering with Hatch – Sri Lanka’s largest innovation and entrepreneurship development organization, to launch the “GoviLab” AgriTech Accelerator. This is an integral part of Sri Lanka’s Inclusive Digital Agriculture Transformation (IDAT) strategy, a one-of-a-kind national initiative brought about by the collaborative efforts of the Government of Sri Lanka and the […]

Sail Lanka anchors sponsorship for Galle Literary festival 2024

The Galle Literary Festival, in collaboration with the Sri Lanka Tourism Promotion Bureau (SLTPB), unveils its highly anticipated program for 2024, promising a diverse and engaging experience for literature enthusiasts. The Festival, taking place from January 25 to 28, will feature over 180 talks, workshops, and events that embody a renewed commitment to diversity and […]

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