Category: Industry
SriLankan Airlines returns to Moscow with direct flights
SriLankan Airlines announce the commencement of direct flights between Sri Lanka and Russia today. The inaugural flight was ceremonially greeted with a water salute at Domodedovo Airport (DME) in Moscow. The airline is resuming flights to the Russian capital after a break of 6 years, between Colombo’s Bandaranaike International Airport (BIA) and Moscow’s Domodedovo Airport […]
The Chamber Academy holds Discussion and Overview of the Data Protection Bill
The Chamber Academy, the knowledge arm of the Ceylon Chamber of Commerce in partnership with the Information and Communication Agency (ICTA) will be hosting a timely webinar on the Data Protection Bill. The webinar is sponsored by Hutchison Telecommunications Lanka (Pvt) Ltd and London Stock Exchange Group – Sri Lanka. The discussion will be based […]
Top real estate developers identified in new brand health survey 2021
This year’s Research Intelligence Unit (RIU) survey delved deeper than brand surveys of the past by looking into multifarious factors that included brand awareness, brand perception, brand visibility, brand attributes and top of the mind recall. Home Lands, Prime Lands, Kelsey Homes, JAT, Blue Ocean, Span and Fairway were found to be the top seven […]
Sampath Bank Introduces Helpline for Business Startup Advisory Services
Sampath Bank announced the launch of a helpline for Business Start-up Advisory Services under its flagship entrepreneurship development programme, ‘Sampath Saviya,’ recently. This new endeavour builds on the Bank’s longstanding efforts to support the nation’s entrepreneurs and nurture a culture of entrepreneurship around the island. Focusing on the critical incubation period during which early-stage businesses […]
NDB posts solid performance in H1 2021 amidst the pandemic
28 July 2021, Colombo, Sri Lanka Pre-tax profits crosses LKR 6 Bn (up by 21%), Post-tax profits of LKR 3.9 Bn (up by 32%) Robust growth in fund and fee income bases Cost to income ratio of 33%, continually in the low 30% range Balance Sheet growth – Total assets of LKR 664 Bn up […]
MAGA to design and construct two flyovers in Col 02 valued at Rs. 5.2Bn
Maga Engineering has begun construction of two new flyovers in Slave Island (Colombo 02), along Justice Akbar Mawatha and Uttarananda Mawatha. The proposed flyovers will overarch two central intersections in Slave Island and the Coastal Line – one of the busiest railway tracks leading into the city, thereby easing heavy traffic congestion leading to Colombo’s […]
EDB develops vocational education, training plan for electrical & electronics industry
The Sri Lanka Export Development Board (EDB) with the assistance of the Tertiary and Vocational Education Commission (TVEC) has prepared a Vocational Education Training Plan (VET Plan) for the Electrical and Electronics sector (EEC sector) in Sri Lanka to identify the skill gaps and training required to satisfy EEC sector needs to develop the Electrical […]
Automobile Component Manufacturers surpass 5,000 employment appointments in WP: SLACMA
The brand-new component manufacturers have surpassed the granting of 5,000 new employment appointments in the Western Province over the past few months. This was stated by Dimantha Jayawardena, President of the Sri Lanka Automobile Component Manufacturers’ Association. Earlier this year, the Ministry of Industries together with the stakeholders of Sri Lankan Automobile Assembly and Automobile […]
Hemas Partners with Govt plastic waste recycling campaign
Hemas Holdings partnered with the Ministry of Environment to support its environmental initiative ‘Not a Rule but a Discipline’ focused on the responsible disposal and recycling of plastic waste in Sri Lanka. As a part of this initiative recycle bins will be placed at Government institutions and schools to collect disposable plastic pens and […]
HIPG Delegation visits SL Ambassador to China; discussions on joint investment promotion
As construction work begins in the industrial park at the Hambantota Port, efforts are being made to attract Sri Lankan and international investors. A delegation from Hambantota International Port Group (HIPG) led by Justin Zhang, General Manager – Port Investment Services, recently visited Sri Lanka’s Ambassador to China, Dr. Palitha Kohona in Beijing to discuss […]
Hayleys Fabric cuts carbon footprint by 15-pct with Sri Lanka’s largest solar roof
Leading textile manufacturer, Hayleys Fabric further reduced its carbon footprint by 15% with the installation of the largest private sector rooftop solar power system in Sri Lanka, contributing 6,241,500kWh of power per annum to the National Grid. Installed by sister company Hayleys Fentons, the rooftop solar project was set up at Hayleys Fabric’s primary manufacturing […]
Sandra De Zoysa appointed Chairperson of SLASSCOM for 2021/2022
The Sri Lanka Association of Software and Services Companies (SLASSCOM) appointed Sandra De Zoysa as Chairperson for 2021/’22, at the 9th Annual General Meeting held recently. She succeeds PwC Sri Lanka CEO/Advisory Leader Channa Manoharan. Sandra is the Group Chief Customer Officer at Dialog Axiata PLC whose career in the ICT industry spans over […]