Category: Industry

13 acres added to conservation forest maintained by Heritance Kandalama

In line with its long-standing commitment to environmental sustainability, Aitken Spence Hotels is proud to announce the expansion of Heritance Kandalama’s biodiversity forest oasis. This significant investment sees an additional 13 acres of land added to the conservation forest area, which now spans 211 acres creating a secure forest bridge within the existing Forest Department […]

Ceylon Chamber Forges Partnership with Jharkhand Chamber

The Ceylon Chamber of Commerce recently hosted a networking event with a business delegation from the Federation of Jharkhand Chamber of Commerce and Industries (FJCCI), offering a platform for Sri Lankan businesses to showcase their companies and explore potential collaboration opportunities with their Indian counterparts. During the meeting, participants engaged in discussions on various sectors, […]

‘s Export Sector

Seylan Bank took a key step towards empowering Sri Lanka’s export sector by forging a strategic partnership with the National Chamber of Exporters. This collaborative effort aims to drive the nation’s local products into the global market while providing comprehensive financial solutions and support to both seasoned exporters and ambitious entrepreneurs through the innovative Export […]

Green Milestone: Hiruras Wind Power Plant Inauguration by WindForce

On August 6th, Mannar, Sri Lanka, witnessed history as the Hiruras Wind Power Plant of WindForce PLC was inaugurated. Hon. Minister Kanchana Wijesekera, Minister of Power and Energy, led the event, marking a significant stride in Sri Lanka’s renewable energy journey. Notable attendees included Hon. State Minister Indika Anuruddha, Ministry of Power officials, Ceylon Electricity […]

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Sri Lanka – India business networking event forges new collaborations

Enhancing bilateral relations and leveraging opportunities for investment were among the focus points of a Business Networking event with a multi-sectoral business delegation from India recently hosted by the Ceylon Chamber of Commerce at the Shangri-La Hotel Colombo. The networking event provided an exclusive opportunity for Members of the Ceylon Chamber to meet with the […]

SL Purchasing Managers’ Index (PMI) – Construction Industry

SL Purchasing Managers’ Index (PMI) – Construction Industry

The construction industry remained contracted in June 2023, recording a total activity index value of 44.4 with most of the companies operating at a sub-optimal level amidst the limited availability of construction projects. However, several respondents mentioned that the steady decline in material prices has induced to commence small-scale construction work. The lack of new […]

‘s path to sustainable growth: Embracing a social market economy

●      Sri Lanka’s Economic Challenge: A stark contrast between Tamil Nadu’s expected growth of 14% and Sri Lanka’s negative 3.5% this year. ●      Ambitious Goal of High-Income Country: President’s vision to achieve high-income status by 2048, requiring 6.5% annual growth from now onwards. ●      Bridging the Skill Gap: Concerns over the volume of skilled labor produced in India, […]

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JKH records EBITDA of Rs.9.23Bn in Q1 2023/24

Summarised below are the key operational and financial highlights of our performance during the quarter under review:  Group PBT at Rs.1.40 billion in the first quarter of the financial year 2023/24 is a decrease over the Rs.14.80 billion recorded in the previous financial year. The first quarter of the previous year included Rs.10.12 billion […]

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