Category: Industry
Dangerous Cargo detected at Hambantota International Port
M.V. BBC Naples sailing under the flag of “Antigua & Barbados” entered the port of Hambantota on 20th April at 2100 hrs, while en route from Rotterdam to China. The ship made an emergency call at the port for some urgent repairs. Agents for the vessel in Sri Lanka, Ms. Barwil Meridian Navigation, had not […]
GoMicro seals commercial contract with Keells Supermarkets to assess tuna quality with AI
The United Nations’ Food & Agriculture Organisation estimates that up to one third of global primary produce is wasted. Minimising food wastage could bring significant benefits to many people around the world. Issues around food freshness and storage are a critical component in this context. For instance, more than 30% of the fish landed on […]
Emirates to increase services to Colombo to 7 a week from 3 May
Emirates has announced it will increase its services to Colombo from six to seven flights a week, with the seventh weekly flight commencing 3rd May. The additional service will serve rising market demand and enhance connectivity to and from Colombo via Dubai. The added flight will operate every Monday. Emirates flight EK650 will depart Dubai […]
Eco Spindles talks responsible recycling at CFW’s Responsible Fashion Summit
At the recently concluded Responsible Fashion Summit organised by the Colombo Fashion Week (CFW), Sri Lanka’s largest plastic recycler Eco Spindles was among industry experts in an invaluable panel discussion themed ‘Circularity in a Fashion Supply Chain’. Representing Eco Spindles at the discussion, Chief Executive Officer at Eco Spindles Yarns, Nalaka Seneviratne elaborated on how […]
WindForce shares off to a strong start on Colombo Stock Exchange
The shares of WindForce Limited, the pioneers in the growth and supply of renewable energy in Sri Lanka, will commence trading on the Main Board of the Colombo Stock Exchange (CSE) from the 22nd of April 2021 onwards, following its highly-successful Initial Public Offering (IPO). The strong showing of the shares on the opening days […]
HSBC launches Sri Lanka’s first recycled plastic payment cards to support net zero ambitions
HSBC today announced the rollout of sustainable payment cards made from 85% recycled plastic in Sri Lanka. The new cards, with a vertical design, will be initially issued to HSBC’s Premier customers in April and subsequently to all other credit/debit card customers, later this year. The rollout is part of a new programme launched by […]
ComBank’s ATM network sets new records for cash dispensed in festive season
The automated teller machine (ATM) network of Commercial Bank of Ceylon dispensed a record Rs 8.818 billion on 9th and 10th April 2021, shattering the previous records for the highest and second highest cash disbursements for a 24-hour period, as Sri Lanka’s leading private bank facilitated the celebration of the Sinhala and Tamil New Year. […]
RPCs urge priority for worker vaccination ahead of new wave of COVID cases
The Planters’ Association of Ceylon (PA) called on Government and Public Health officials to ensure that estate-sector workers made a top priority in the COVID-19 vaccination drive, given their essential contributions to the national economy. In a backdrop where COVID-19 cases are once again on the rise both locally and globally, while preparations are already […]
SriLankan Airlines announces partnerships with industry experts to promote tourism
The tourism industry connoisseurs – Uga Escapes, Walkers, and Taru Villas have joined hands with SriLankan Airline’s leisure arm – SriLankan Holidays to establish a multi-brand collaboration and partnership to add value to their customers’ holiday experience. These collaborative partnerships intend to promote domestic and inbound tourism through packaged holidays and thereby revive the national […]
Sri Lanka’s Niftron raises Rs. 21Mn capital from LAN’s Angel Fund
The Angel Fund has announced an Rs. 10 million investment in Niftron, a blockchain-as-a-service (BaaS) platform that aims to make blockchain simpler and more affordable for businesses at all levels and industries. The Angel Fund was established by the Lanka Angel Network (LAN) with the support of ecosystem development partner Ford Foundation and aims to […]
Sri Lanka rupee strengthened against the US dollar
The Sri Lanka rupee further strengthened against the US dollar yesterday, on positive outlook for inflows. The selling rate was quoted at 191.97 rupees for a US dollar, as against 201.28 rupees on Friday and a peak of 204.62 rupees last week. The indicative dollar spot exchange rate was 194.44 rupees yesterday as against 199.93 rupees […]
MoU signed between ICTA & enpact e.V, Germany to collaborate between startup ecosystems
The Embassy of Sri Lanka in Germany initiated and facilitated the signing of a MOU between the Information and Communication Technology Agency (ICTA) of Sri Lanka and ENPACT e.V. in Berlin, Germany, which represents the Berlin Senate’s startup initiative “AsiaBerlin”, on 08 April 2021, with a view to fostering a strong bridge between Berlin, the […]