Category: Industry
Rootcode debuts Sri Lanka’s first ever Tech-Triathlon combining engineering, design and AI
Rootcode, a global software engineering company committed to building great tech, is hosting Sri Lanka’s first-ever Tech-Triathlon, a competition that combines Engineering, User Experience (UX), and Artificial Intelligence (AI) to upskill the next generation and foster a strong tech community in the country. The competition received 1180 registered participants from students all over the island. The […]
Sri Lanka Embassy organizes Food Festival in Israel
The Embassy of Sri Lanka in the State of Israel organized a Sri Lankan food festival featuring 32 traditional dishes showcasing the culinary diversity of Sri Lanka. The event was held at the residence of the Ambassador of Sri Lanka, in Tel Aviv. Invitees included members of travel and tour agencies, journalists, culinary writers, YouTubers, […]
WindForce, Lakdhanavi & Singapore firm join forces on 100 MW renewable energy project with USD152Mn investment
WindForce PLC – Sri Lanka’s leader in renewable energy, in partnership with Lakdhanavi – the leading Independent Power Producer (IPP) in Sri Lanka, and The Blue Circle – a Singapore-based investment firm focused on renewable energy, has formed a consortium set to embark on a transformative power generation project that will reshape Sri Lanka’s renewable […]
Beyond Protection: How Motor Insurance Boosts Industries and the Economy
Awareness by the Insurance Association of Sri Lanka – IASL Traffic congestion, capacity constraints, and sweltering heat make traveling in public transport a stressful and draining experience in Sri Lanka. Vehicle ownership largely eases these difficulties and brings peace of mind to motorists. However, with the convenience of vehicle ownership comes an added level of […]
HNB partners with JICA for sustainable socio-economic development in Sri Lanka
Working towards a shared objective of sustainable socio-economic development in Sri Lanka, Sri Lanka’s leading private sector bank HNB PLC has partnered with the Japan International Cooperation Agency (JICA). Through the partnership, JICA – Japan’s Official Development Assistance (ODA) executing agency – will leverage its experience as a long-standing development partner to the island nation, […]
SriLankan Airlines relaunches flights to Jeddah
SriLankan Airlines has relaunched direct flights from Colombo to Jeddah with a thrice weekly service every Tuesday, Wednesday and Sunday. SriLankan Airlines is currently the only carrier to offer a non-stop flight schedule between the two cities, opening a convenient gateway to the holy cities of Makkah and Madinah for Umrah pilgrims in Sri Lanka […]
Dipped Products sets standard for sustainable growth: Launches ESG roadmap ‘DPL Pulse’
Export manufacturer of hand protection solutions and member of the Hayleys Group, Dipped Products PLC (DPL), announced the launch of its new ESG roadmap ‘DPL Pulse’. ‘DPL Pulse’ builds on the environmental and social consciousness already rooted within the organisation and aligns with the Hayleys Group’s long-term sustainability aspirations as outlined in the Hayleys Lifecode. […]
Sampath Bank reports profit before tax of Rs 13.2 Bn
Financial Highlights During the first half of 2023, Sampath Bank reported robust financial performance, with a profit before tax (PBT) of Rs 13.2 Bn and a profit after tax (PAT) of Rs 7.7 Bn, representing growth of 46.6% and 8.1% respectively compared to 1H 2022. Key financial highlights for 1H 2023 compared to the same […]
First Capital reports profits of Rs. 2.8Bn
First Capital Holdings PLC (the Group) announces its outstanding financial performance for the first quarter ended June 30, 2023. The Group reported an impressive Profit after Tax of Rs. 2.81 billion, marking a remarkable leap from Rs. 96 million recorded in the same period last year. Among the key divisions, the Primary Dealer segment demonstrated […]
UB Finance Company debuts trading on CSE
The shares of UB Finance Company Limited (CODE: UBF-N-0000) commenced trading on the Colombo Stock Exchange (CSE) on 14th August 2023. The shares have been listed on the Diri Savi Board of the CSE, under the “Consumer Finance Services” sector. The occasion was marked with a special Bell Ringing Ceremony. A total of 38.2 million shares from 1628 transactions were recorded on the opening day […]
Enabling SME sector to digitize payments can accelerate economic growth: Country Manager for Visa
As Sri Lanka focuses on economic recovery, transforming the digital payment landscape for businesses will be a strategic area to consolidate growth, says Avanthi Colombage, Country Manager for Visa in Sri Lanka and Maldives. Visa, a global leader in digital payments, believes that unlocking the potential that digitizing payments can offer to the SME (Small […]
Cinnamon to host Google’s former CBO and Best-Selling Author Mo Gawdat
Visit in late August includes keynote discussion on future of AI and organization happiness. Cinnamon Hotels and Resorts will welcome Mo Gawdat, the former Chief Business Officer of Google [X], for a profound keynote discussion on the future of AI and organization happiness, at Cinnamon Lakeside Colombo on 28 August. With his expertise in navigating […]