Agarapatana Plantations Ltd debuts trading on the CSE

The shares of Agarapatana Plantations Limited (CODE: AGPL-N-0000) commenced trading on the Colombo Stock Exchange (CSE) on 04 th September 2023. The shares have been listed on the Diri Savi Board of the CSE under the Food, Beverage & Tobacco sector. The occasion was marked with a special Bell Ringing Ceremony. The company’s Initial Public Offering (IPO) for 83,070,111 ordinary voting shares has been oversubscribed […]

Sri Lanka Govt should rethink minimum room rates policy: Advocata

The Advocata Institute expresses concern over the recent proposal by the Sri Lankan Authorities to impose minimum room rates on hotels in the city of Colombo. This proposal, set to take effect from October 1st 2023, stipulates rates of USD 130 for 5-star hotels, USD 100 for 4-star hotels, and USD 80 for 3-star hotels. […]

‘s experience multidimensionally vulnerability: UNDP Report

Debt, a lack of education, and the ability to adapt to disasters are factors that make most people feel vulnerable, says a new report, released today by the United Nations Development Programme (UNDP) and the University of Oxford’s Poverty and Human Development Initiative (OPHI). The Policy Report titled ‘Understanding Multidimensional Vulnerabilities: Impact on People of […]

Delmege Interior Décor outdoes itself once more

The Edith Cowan University Sri Lanka (with its local partner ACBT), opened its doors to the public unveiling seven floors of modern, elegant and functional interiors, carefully planned and designed to bring out the best in those utilizing these spaces. Delmege Interior was proud to be associated with the internationally renowned and recognized Edith Cowan […]

Building Sri Lankan food security and self sufficiency in Jaffna

By Jekhan Aruliah K.Suganthon was only 21 when he setup his first business back in 2003. With the Sri Lanka Civil War simmering in an uneasy ultimately unsuccessful ceasefire (2002-2006), he opened an outlet in Colombo’s Pettah market. From Pettah, famous for its streets densely packed with shops and market stalls, Suganthon started trading edible […]

‘ Forum Introduces Funding & Capacity Building Agri-Accelerator Programme

A groundbreaking initiative by Sri Lanka Agripreneurs’ Forum (SLAF), the leading agribusiness association in the country, in partnership with  Initiatives in Development of Entrepreneur Approaches and Strategies (IDEAS) and TRACE, Agcelerator, is set to revolutionize the agribusiness landscape by empowering innovators to transform the future of sustainable farming and agribusiness. The programme offers a unique […]

A new constitution for clean cricket: Eran

We have a governance issue that we need to rectify by bringing a new constitution for Sri Lanka cricket, said Eran Wickramaratne MP of the SJB, addressing the Parliament today on the adjournment debate on Sri Lanka cricket. SJB Parliamentarian Hesha Withana had moved a resolution on the alleged irregularities in Sri Lanka cricket involving […]

Sri Lanka Aims for RCEP Membership and Free Trade Agreements with ASEAN: President

President Ranil Wickremesinghe revealed that Sri Lanka’s intention to join the Regional Comprehensive Economic Partnership (RCEP) is poised to materialize following the conclusion of credit optimization initiatives. Additionally, the President announced plans to initiate negotiations for the establishment of free trade agreements with corresponding ASEAN member countries. President Wickremesinghe’s statement underscores the country’s determination to […]

Hayleys Plantations pioneers sustainable tea tourism, signs MOU with Pekoe trail

Hayleys Plantations, a member of Sri Lanka’s largest and most diversified conglomerate the Hayleys Group, has embarked on an exciting partnership with “The Pekoe Trail,” a visionary sustainable initiative aimed at revitalising the country’s tourism sector. Comprising three major Regional Plantation Companies (RPCs), namely Kelani Valley Plantations PLC (KVPL), Talawakelle Tea Estates PLC (TTEL), and […]

SJB will invest more in soft infrastructure such as health and education: Eran

SJB MP Eran Wickramaratne said that the health sector has become a death trap for patients. Importation of inferior medicine in the guise of emergency purchasing and non-functioning medical, surgical and other test equipment in hospitals (the government has no money to invest in the health sector) has pushed the health services in to abyss. […]

Sobitha Rajakaruna takes oath as Acting President of Court of Appeal before President

Judge Sobitha Rajakaruna was sworn in as the Acting President of the Court of Appeal before President Ranil Wickremesinghe at the Presidential Secretariat this morning (07). Additionally, High Court Judge M.C.B. Sanjeeva Moraes took oath as a new Court of Appeal judge in the presence of the President.The event was attended by the President’s Secretary, […]

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