Category: Industry
Implement Reforms That Align With Evolving Industrial Practices: Shipping & Logistics Veteran
Renowned shipping and logistics veteran Rohan Masakorala highlighted the need to implement reforms that align with evolving industrial practices, at a recent discussion forum on the topic of “Does Sri Lanka Have a Future in Shipping and Logistics? Or Have we Lost it?”, organised by the Sri Lanka-Italy Business Council (SLITBC) of The Ceylon Chamber […]
Sapphire Residences on course to complete and launch Colombo’s most exclusive residences
The USD 500 million + ITC development, comprising the Sapphire Residences and super luxury hotel ITC Ratnadipa, occupies pride of place at the centre of Colombo’s most prestigious ocean front location. Overlooking the Galle Face and the Indian Ocean on one side and the Beira Lake on the other, this landmark is already redefining the […]
LankaPay unveils new strategic direction to strengthen regional presence
LankaPay, the National Payment Network of Sri Lanka, has embarked on a new strategic vision, aimed at reinforcing its position within the region and enhancing its contribution to the island nation. In pursuit of this ambitious goal, the company has recently launched a comprehensive business and organizational development strategy, accompanied by a significant internal restructuring […]
Dialog enterprise becomes VMware sovereign cloud provider in South Asia
Dialog Enterprise, the corporate ICT solution arm of Dialog Axiata PLC, announced it has become a VMware Sovereign Cloud Provider in South Asia. The announcement was made at a recent event held at Shangri-La Colombo, which was attended by many ICT professionals from major corporations across various industries that fuel Sri Lanka’s economy. A sovereign […]
CEAT Kelani debuts new locally-made Truck Bus Radial for transport sector
A new high-performance premium commercial vehicle tyre has begun rolling off the production line at CEAT Kelani Holdings, Sri Lanka’s largest manufacturer of pneumatic tyres. The CEAT Winmile X3 AW is a Truck Bus Radial (TBR) in the 295/80 R22.5 TL size, making it an ideal replacement tyre for heavy trucks including prime movers, fuel […]
Port City Colombo undertakes coral reef conservation amid environmental challenges
Port City Colombo, which extends from the Central Business District of Colombo, showcases a profound commitment to environmental preservation through the development of extensive coastal and marine habitats. A significant testament to this is a flourishing coral reef along the city’s 3.7km-long artificial breakwater. This thriving reef forms part of a wider reef conservation initiative […]
CMTA raises concerns about disparities in import regulations and policies
The Ceylon Motor Traders Association (CMTA), one of the longest standing automotive associations in South Asia, has recently raised concerns regarding the fairness of current import regulations, shedding light on the importation of extravagant items such as televisions and mobile phones, while essential necessities such as a motorcycle remains restricted. The CMTA emphasizes the need […]
Bank of Ceylon Implement Sri Lanka’s First Private Cloud with KBSL, VMware & HP Enterprise
Bank of Ceylon (BOC), the nation’s leading banking provider, recently completed the deployment of the country’s first-ever private cloud in partnership with KBSL Information Technologies Limited (KBSL), VMware and Hewlett Packard Enterprise (HPE). To celebrate this achievement, KBSL hosted a private event at the Courtyard by Marriott. BOC’s existing infrastructure required digital disruption and the […]
“Top50” Professional and Career Women Awards 2023 spotlights inspiring women
The highly anticipated “Top50” Professional and Career Women Awards 2023, organized by Women in Management (WIM) in partnership with Women in Work, a collaboration between the International Finance Corporation (IFC) and the Government of Australia, successfully concluded, honouring exceptional women from Sri Lanka and the Maldives who have made remarkable contributions to their respective fields. […]
Premier praises British Envoy’s efforts to promote UK-Sri Lanka ties
Prime Minister Dinesh Gunawardena thanked the outgoing High Commissioner of the United Kingdom Sarah Hulton for her persistent efforts to strengthen friendly relations between Sri Lanka and UK. He said this when the High Commissioner paid a farewell call on him at the Temple Trees Monday. The Prime Minister said that the untiring efforts of […]
Role of alternative financing mechanisms to address Sri Lanka’s debt overhang
By Imesha Dissanayake The common path followed by almost all IMF member countries in response to sovereign debt crises in recent decades, is to enter into an IMF supported stabilisation and structural adjustment programme. Sri Lanka has been a country that has followed this trend repetitively, having entered into 16 economic stabilisation programmes during 1965-2020, […]
BNI National Conference in Colombo honors members at awards ceremony
BNI Sri Lanka – the local branch of the world’s largest referral networking organisation, BNI (Business Network International) – is celebrating the success of its first ever large- scale event in the country. The National Conference titled “Building a global Sri Lanka. Networking the way forward,” was headlined by Founder & Chief Visionary Officer of […]