Category: Industry
“Dream Destination” Project Commenced Renovation of 100 Railway Stations
President Anura Kumara Disanayake stated that the primary objective of the current Government is not to pursue incremental reforms within the existing framework, but rather to transform and elevate the nation to a significantly higher level of development. The President emphasized that the current political leadership has already taken steps to break away from the […]
‘s historic Rs. One Billion Green Bond funds renewable expansion
Resus Energy PLC has made history with the launch of the country’s first-ever Green Bond issue by a local energy company, aiming to raise Rs. 1 billion to accelerate the nation’s transition to clean energy. The issue, scheduled to be opened on 25th June 2025, is also the country’s first Green Bond issue by a […]
“The Gathering of Giants” returns for 2025 at Cinnamon Habarana
Cinnamon Hotels & Resorts, in collaboration with Cinnamon Nature Trails and in valued partnership with Seylan Bank, is honoured to announce the return of The Gathering of Giants—a pioneer conservation initiative set to take place from 25 to 27 July 2025 at Cinnamon Habarana Complex. Rooted in a deep respect for Sri Lanka’s natural heritage, […]
Resus Energy connects 5 MW Solar PV power plant to the national grid
Resus Energy PLC, a forerunner in renewable energy, recently connected a 5.0MW ground mounted solar PV power plant to the national grid. Built at a cost of over Rs. 750 million with state-of-the-art equipment encompassing tier-1 solar PV panels and top-of-the-range auxiliary equipment, the plant is expected to generate about 10 million units of electricity […]
From risk assessment to protection: how to build an effective security strategy in industrial enterprises
By Adrian Hia, Managing Director for Asia Pacific, Kaspersky Industrial sectors face escalating cyber threats that jeopardize operations, safety, financial stability and further technological development. In 2024, 40% of industrial organizations globally reported cyber incidents according to Kaspersky. Proactive cybersecurity measures are no longer optional but a necessity to ensure business continuity, regulatory compliance and […]
VIDEO: Air India plane crashes shortly after take off in Ahmedabad; more than 200 killed
An Air India plane has crashed shortly after taking off from Ahmedabad airport in western India, local media has reported. Air India said on Thursday that Flight AI171, a passenger flight to London Gatwick airport, was “involved in an incident”. “At this moment, we are ascertaining the details and will share further updates,” Air India […]
CBSL Extends Relief Measures for Affected SMEs, Offers Further Concessions
The Central Bank of Sri Lanka (CBSL) has announced an extension of relief measures and additional concessions for Small and Medium Enterprises (SMEs) that have been adversely affected in the recent past. This move aims to facilitate the sustainable revival of these businesses. Licensed commercial banks and licensed specialized banks have been advised by the […]
PUCSL Announces 15-pct Overall Electricity Tariff Increase Effective Tonight
The Public Utilities Commission of Sri Lanka (PUCSL) announced today a 15% increase in electricity tariffs, effective from June 12, 2025. This decision follows a comprehensive review of utility bills and public feedback submitted by the Ceylon Electricity Board for the June to September 2025 period. Despite this immediate increase, the PUCSL emphasizes that the […]
Colombo’s evolving retail landscape: A vision for Rajagiriya
In the last few decades, Colombo’s skyline has been steadily reshaped by the rise of shopping malls, architectural symbols of economic aspiration, and urban transformation. From the modest beginnings of Liberty Plaza in the 1980s to the ambitious scale of One Galle Face , Colombo City Center and Cinnamon Life, malls have become embedded in […]
Sri Lanka targets energy security via Mullikulam & Hayleys Fentons, unlocking Mannar wind power: Minister
Sri Lanka’s Energy Minister, Engineer Kumara Jayakody, reaffirmed the government’s commitment to fully harness the wind power generation potential of the Mannar region, aiming to overcome the nation’s energy challenges through strategic investment and the adoption of new technologies. The Minister’s statement came during a comprehensive visit to proposed and operational wind power plant sites […]
Ceylon Chamber to Host High-Level Business Delegation from Bangladesh for Trade & Investment Talks
The Ceylon Chamber of Commerce, in collaboration with the Sri Lanka – Bangladesh Business Council, will host a visiting business delegation from the Dhaka Chamber of Commerce & Industry (DCCI), Bangladesh, on 17 June 2025 at the Hilton Colombo Residence. The delegation comprises 24 representatives from 22 Bangladeshi companies, spanning a wide range of sectors […]
Amana Takaful General PLC and Seylan Bank PLC Forge Game-Changing Bancassurance Alliance
In a significant move to reshape the landscape of insurance accessibility in Sri Lanka, Amana Takaful General PLC, one of the nation’s fastest-growing insurance providers, has entered into a strategic bancassurance agreement with Seylan Bank PLC, a trusted name among Sri Lankan banks. The partnership marks a milestone in customer-centric innovation, allowing Seylan Bank customers […]