Driving growth-bridging deficits – outlook 2021 report of Ceylon Chamber

The Ceylon Chamber of Commerce launched its annual Outlook Report for 2021, at the Economy and Sector Review and Outlook 2021 webinar recently. The Outlook 2021 report published by the Economic Intelligence Unit (EIU) of the Ceylon Chamber of Commerce (CCC) explores the macroeconomic and sector outlook for the year ahead. The theme for the report […]

CMTA warns, beware of surging frauds in used-vehicle market

The Ceylon Motor Traders Association (CMTA), Sri Lanka’s automotive association has raised concerns over the heavily persistent fraudulent acts associated with Sri Lanka’s used-vehicle market. The association states that the vehicle customers fall prey to a number of frauds including odometer frauds, vehicles restored with counterfeit spare parts and vehicles with forged documents. Due to […]

JKH and HEMAS consumer collaborate to battle plastic pollution

Plasticcycle, the Social Entrepreneurship Project of the John Keells Group is pleased to onboard Hemas Consumer, in its bin placement initiative targeted towards encouraging responsible disposal of recyclable plastic waste, adding to the existing network of over 190 Plasticcycle bins in Sri Lanka. The agreement between the two parties was signed on the on 5th […]

Foreign Ministry to open a Regional Consular Office in Kandy

Under the guidance of the Foreign Minister, Dinesh Gunawardena, to give impetus to the National Policy Framework of the Government, by enhancing the efficiency and effectiveness of service delivery to the public, the Foreign Ministry will open a Regional Consular Office in Kandy on Saturday, 06 February 2021 at 2.00 p.m. The Regional Consular Office […]

Sri Lanka national tea sales average up in Jan 2021

All elevations show an increase YOY in LKR and USD terms Feb 03, 2021 (LBO) – The National average for the month of January 2021 of Rs. 645.02 (USD 3.40) has shown an increase of Rs. 56.17 vis-à-vis Rs. 588.85 (USD 3.28) of January 2020, Forbes & Walker Tea Brokers said in a report. However, the report […]

APHNH calls for prioritization of private healthcare workers in National vaccine drive

In an appeal to the Government, The Association of Private Hospitals and Nursing Homes (APHNH) requested that private healthcare workers receive priority, alongside national healthcare workers, in the ongoing COVID-19 vaccination drive. The Association noted that private healthcare workers are not listed under the Government’s vaccine prioritization policy yet, and urged authorities to reconsider this […]

Piramal Glass Ceylon reports 110-pct growth in PAT for nine months

Piramal Glass Ceylon reported its nine-month results as at 31st December 2020, with a turnover of Rs. 5,961 Million & PAT of 694 Million as against Rs. 5,832 Million & Rs. 330 Million in the previous year during the similar period. The Company reported a growth of 2% in revenue with 110% growth in PAT. […]

Sri Lanka inflation at 3-pct for Jan 2021

Feb 02, 2021 (LBO) – The overall rate of inflation as measured by CCPI on Y on Y basis is 3.0 percent in January 2021 and Y on Y inflation calculate for the month of December 2020 was 4.2 percent. As per the Statistics Department, Year on Year inflation of both the Food Group and […]

Sri Lanka can achieve a greener and more prosperous future

By Andrew Zakharenka, Natural Resources Management Specialist Farmers, hoteliers and homestay owners, fishers, producers of the famous Kanthale milk curd, Ayurveda healers, fruit growers, developers, safari jeep drivers, local dwellers—all derive their livelihoods from shared natural resources offered by the Hurulu-Kaudualla-Kanthale (HKK) Landscape. Located in the North East of Sri Lanka and home to 650,000 […]

Lina Spiro launches Sri Lanka’s first metered-dose inhaler manufacturing plant

Sunshine Healthcare Lanka (SHL), the healthcare arm of the diversified conglomerate Sunshine Holdings PLC (CSE: SUN), officially commenced the operations of its subsidiary, Lina Spiro (Pvt) Ltd, Sri Lanka’s first Metered-Dose Inhaler (MDI) manufacturing plant in Kadawatha today. The State Minister of Production, Supply and Regulation of Pharmaceuticals, Prof. Channa Jayasumana ceremoniously declared open the […]

Sunshine Holdings selects IFS ERP platforms for subsidiary companies

IFS, the global enterprise applications company, announces that Sunshine Holdings PLC, a leading conglomerate will roll out a comprehensive enterprise resource planning (ERP) platform from IFS for itself and ten other subsidiary companies, including companies in the healthcare sector, consumer sector (including Watawala and Zesta tea), and renewable energy sector. Having used IFS since 2016, […]

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