CEAT helps keep Suwa Seriya ambulances on the road

The 322-strong fleet of ambulances operated by the Suwa Seriya Foundation will continue to fulfil its humanitarian mission in Sri Lanka with tyres supplied by CEAT Kelani Holdings as the preferred tyre supplier. CEAT Kelani recently renewed its commitment to Suwa Seriya, undertaking to provide tyres for five ambulances free of charge and to provide […]

Sri Lankan SMEs Get Export Boost from EDB Coaching Programme

Recognizing the importance of small and medium-sized enterprises (SMEs) to Sri Lanka’s export potential, the Export Development Board (EDB) recently concluded a six-week coaching programme designed to equip them with the tools and strategies to enter international markets. The “Innovative Export Marketing Planning and Market Pitching Programme” saw 25 promising SMEs participate in workshops, individual […]

Asia-Pacific Human Development Report calls for new directions to address rising inequality, climate change, and economic headwinds

The narrative of human development in Asia and the Pacific has been one marked by advancement, inequality, and unforeseen challenges. Against this backdrop, the launch of the United Nations Development Programme (UNDP)’s 2024 Asia-Pacific Human Development Report in November, represents a crucial step in revitalizing human development amidst a complex landscape of growth. Nationally, the […]

Distilleries’ Acquisition of Heineken Lanka May Challenge Lion Brewery Share: Fitch Ratings

Lion Brewery (Ceylon) PLC (AAA(lka)/Stable), the leader in Sri Lanka’s beer market, could face more competition in the medium term following Distilleries Company of Sri Lanka PLC’s (DIST; AAA(lka)/Stable) decision to acquire beer producer Heineken Lanka Limited, Fitch Ratings says. The full statement is reproduced below. Heineken is a distant second in Sri Lanka’s beer […]

Deloitte South Asia CEO to visit Sri Lanka this month

Romal Shetty the Chief Executive Officer of Deloitte South Asia is slated to visit Sri Lanka this month. His visit was announced on the day when over 500 professionals were welcomed into the Deloitte network entities in Sri Lanka and Maldives, making it one of the largest combinations in the history of professional services in […]

Design Code: Showcase of creativity, innovation, and collaboration

The University of Moratuwa unveiled their annual design showcase, “Design Code,” scheduled to take place from November 23rd to 26th. The Design Code, a four-day event is organized by the Department of Integrated Design, Faculty of Architecture, University of Moratuwa. During a recent press briefing, industry experts who participated, highlighted the crucial role of design […]

HEINEKEN signs agreement with Distilleries Company of Sri Lanka

Heineken International B.V. (HEINEKEN) has signed an agreement with Distilleries Company of Sri Lanka PLC (DCSL) today. DCSL is a Public Limited Liability Company and is listed on the Colombo Stock Exchange (CSE). Under this agreement, HEINEKEN will sell all its shares in HEINEKEN Lanka Limited to DCSL and agree to Trademark Licence Agreements for […]

Government pledges support for spice industry revival

President Ranil Wickremesinghe, called for a comprehensive program to revive the country’s spice industry, which was once a major source of income. Speaking at the 19th Annual General Meeting of the  Spice Council, he urged them to prepare a proper plan for the revival of the industry and said that the government is ready to […]

Sri Lanka to host upcoming Asia Pacific Retailers Conference and Exhibition 2024

The Sri Lanka Retailers Association (SLRA), which serves as the foremost organization for organized retail in Sri Lanka, recently played host to the eagerly awaited Federation of Asia- Pacific Retailers Association (FAPRA) Head of Delegations Meeting. This significant event took place at the prestigious Cinnamon Grand Colombo. A pivotal point of discussion during the FAPRA […]

Sri Lanka’s Mobile Network Performance Lags Behind in South Asia: Analysis

In a recent analysis by Opensignal, which examined the mobile network experiences of smartphone users across the six most populated countries in South Asia, Sri Lanka’s performance was found to be lacking compared to its regional counterparts. The study, which included Afghanistan, Bangladesh, India, Nepal, Pakistan, and Sri Lanka, revealed significant disparities across the region. […]

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