House of Indi and Founder clinch honors at prominent awards ceremonies

Forging the way to remarkable milestones, House of Indi, a leading fashion destination in Sri Lanka and its Founder and Creative Director, Indeevari Yapa Abeywardena have been duly recognized at two of the most prestigious awards ceremonies. House of Indi clinched Silver award under the Service Sector – SME category at the SLIM Restart Resilience […]

JKH and HEMAS consumer collaborate to battle plastic pollution

Plasticcycle, the Social Entrepreneurship Project of the John Keells Group is pleased to onboard Hemas Consumer, in its bin placement initiative targeted towards encouraging responsible disposal of recyclable plastic waste, adding to the existing network of over 190 Plasticcycle bins in Sri Lanka. The agreement between the two parties was signed on the on 5th […]

Sri Lanka national tea sales average up in Jan 2021

All elevations show an increase YOY in LKR and USD terms Feb 03, 2021 (LBO) – The National average for the month of January 2021 of Rs. 645.02 (USD 3.40) has shown an increase of Rs. 56.17 vis-à-vis Rs. 588.85 (USD 3.28) of January 2020, Forbes & Walker Tea Brokers said in a report. However, the report […]

Fairfirst offers travel insurance with a COVID cover for the first time in Sri Lanka

Fairfirst Insurance offers a redefined travel insurance in the new normal by covering expenses arising from COVID-19. Allowing travelers to continue on their globe trot, Fairfirst Travel Insurance ensures that not only do customers get to experience their adventures again, but they get to travel with a plan exclusively designed to cover expenses against risks […]

Sri Lanka inflation at 3-pct for Jan 2021

Feb 02, 2021 (LBO) – The overall rate of inflation as measured by CCPI on Y on Y basis is 3.0 percent in January 2021 and Y on Y inflation calculate for the month of December 2020 was 4.2 percent. As per the Statistics Department, Year on Year inflation of both the Food Group and […]

Eran says functions of Judiciary has been taken over by the Executive

The current problem of the country is nothing with the laws and Statutes but with the governance where the executive has taken over the functions of the judiciary said Eran Wicramaratna M.P of Samagi Jana Balavegaya. Addressing a press briefing at the Leader of the Oppositions office on Sunday, Wickramaratna said that the Presidential Commission […]

Union Assurance awarded for excellence in integrated reporting for 2020

Reaffirming its commitment to the value of transparency, accountability and integrity while maintaining an exceptional financial track record, Union Assurance PLC was awarded among the 10 Best Integrated Reports at the 2020 CMA Excellence in Integrated Reporting Awards, organized by the Institute of Certified Management Accountants of Sri Lanka. The Awards are based on a […]

Stax says Sri Lanka slow to accept remote-working, advocates wider adoption

Stax Inc., a leading global management consulting firm, observes that delaying digitization during this pandemic era would present substantial drawbacks for Sri Lankan companies as they would lack the capacity to compete globally. By adopting digitization, Stax Inc. articulates that businesses would soon learn that customers are no longer confined to the geography of Sri […]

Female-heads of households see their struggles compounded by pandemic

Tharshani, now 45, had already been struggling to make ends meet since her husband died 15 years ago due to the conflict. But since the COVID-19 pandemic and lockdowns that started last year, her income from poultry farming has dropped, and her eldest daughter, who they relied on for household expenses, has found no daily-wage […]

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