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WB says as SL should focus on competitiveness and debt sustainability to ensure resilient rebound

WB says as SL should focus on competitiveness and debt sustainability to ensure resilient rebound

Despite the heavy toll of the COVID-19 pandemic on Sri Lanka’s economy and the lives of its people, the economy will recover in 2021, though challenges …

April 10, 2021 | Banking and Finance, Companies, Companies, Economy, Economy & Markets, Featured, General Services, Industry, Money, Policy | Read More
Gazette notification to recruit 40 eligible candidates to join Sri Lanka Foreign Service issued

Gazette notification to recruit 40 eligible candidates to join Sri Lanka Foreign Service issued

The Foreign Ministry is pleased to inform that a gazette notification to recruit 40 eligible candidates to join the Sri Lanka Foreign Service (SLFS) is now …

April 9, 2021 | Featured, Other, Other News | Read More
Prime Lands Residencies expected to make IPO bid soon

Prime Lands Residencies expected to make IPO bid soon

Prime Lands Residencies (Pvt) Ltd, the condominium property arm of Prime Group, recently celebrated a milestone achievement upon the completion of its 35th …

April 8, 2021 | Companies, Featured, Industry, Real Estate & Construction | Read More
Advocata Institute launches tool to track everyday food price changes

Advocata Institute launches tool to track everyday food price changes

 Advocata’s latest policy product tracks the average retail prices of a basket of goods and provides an indication of how much prices have changed over …

April 8, 2021 | Economy, Economy & Markets, Featured | Read More
Fitch affirms Hemas Holdings at ‘AAA(lka)’; Outlook stable

Fitch affirms Hemas Holdings at ‘AAA(lka)’; Outlook stable

Fitch Ratings has affirmed Sri Lanka-based consumer and healthcare company Hemas Holdings PLC’s National Long-Term Rating at ‘AAA(lka)’ with …

April 7, 2021 | Companies, Featured, Industry | Read More
NEM Construction receives record consignment from Udeshi Group

NEM Construction receives record consignment from Udeshi Group

UTRAX®, the construction equipment division of the Udeshi Group, has successfully completed the handover of the country’s single largest order of hydraulic …

April 6, 2021 | General Services, Industry, Real Estate & Construction | Read More
Entry requirement for Sri Lankans lifted

Entry requirement for Sri Lankans lifted

Under the directive of President Gotabaya Rajapaksa, the Foreign Ministry reviewed the entry procedure today, 06 April 2021, as a measure of relief for …

April 6, 2021 | General Services, Industry, Tourism | Read More
From mine to market – showcasing Sri Lanka’s jewellery legacy to the world

From mine to market – showcasing Sri Lanka’s jewellery legacy to the world

The Sri Lanka Gem and Jewellery Association (SLGJA) hosted their second Key Person’s Forum for the industry recently, with the objective of facilitating the …

April 6, 2021 | Companies, Featured, General Services, Industry, Other News | Read More
‘Bath Curry Indicator’ by Advocata Institute will be launched tomorrow

‘Bath Curry Indicator’ by Advocata Institute will be launched tomorrow

Food inflation has risen over the last year, although the overall inflation is low. According to the National Consumer Price Index, overall prices rose by 3.7% …

April 6, 2021 | Commodity, Economy, Economy & Markets, Featured, Policy | Read More
Rural water supply schemes for climate-vulnerable communities in dry-zone

Rural water supply schemes for climate-vulnerable communities in dry-zone

The world over,water is under extreme threat from a growing population, increasing demands of agriculture, and the worsening impacts of climate change. In …

April 6, 2021 | Agriculture, Featured, Other, Special Reports | Read More
CBB sets sights on enhanced SL-UK trade with British Chambers of Commerce

CBB sets sights on enhanced SL-UK trade with British Chambers of Commerce

The Council for Business with Britain (CBB) is now a member of the British Chambers of Commerce and marked this collaboration with an open networking event. …

April 5, 2021 | Companies, General Services, Industry, Tourism, Trade | Read More
Veemansa Initiative webinar to discuss new developments at Colombo Port City

Veemansa Initiative webinar to discuss new developments at Colombo Port City

Asia’s newest landscape, the Colombo port city, is to be launched as a special economic zone under the aegis of the Colombo Port City Economic Commission. …

April 5, 2021 | Companies, Featured, Industry, Real Estate & Construction | Read More
Strengthening recycling identified as immediate solution to plastic waste issue

Strengthening recycling identified as immediate solution to plastic waste issue

AIESEC Sri Lanka hosts webinar on plastic waste management in view of recycling day CEA emphasizes need to adopt a collaborative approach to addressing the …

April 2, 2021 | Companies, Environment, Featured, General Services, Industry, Other | Read More
HOPE Consortium and leading experts pledge to close the global immunisation gap

HOPE Consortium and leading experts pledge to close the global immunisation gap

Abu Dhabi’s HOPE Consortium and world-leading experts marked the end of The World Immunisation & Logistics Summittoday by pledging to close the global …

March 31, 2021 | Featured, General Services, Industry, Logistics | Read More
Motherஸ்ரீ ලංකා celebrates 12 years of supporting local entrepreneurship

Motherஸ்ரீ ලංකා celebrates 12 years of supporting local entrepreneurship

The Motherஸ்ரீ ලංකා (MSL) movement was started in 2008 by the Mother Sri Lanka Trust and its dynamic Chairperson Dr. Janaki Kuruppu and is a …

March 31, 2021 | Featured, General Services, In Pictures, Industry, Other, Other News, People | Read More
US-based Blackstone Group  acquires 56.5-pct of Piramal Glass

US-based Blackstone Group acquires 56.5-pct of Piramal Glass

US-based private equity major Blackstone Group has acquired a 56.5 percent stake of Piramal Glass Ceylon PLC. The acquisition price implies a total enterprise …

March 30, 2021 | Companies, Featured, Industry | Read More
China-SL leaders agree to strengthen bilateral relations in all sectors

China-SL leaders agree to strengthen bilateral relations in all sectors

Port City &  Hambantota port projects to be expedited … Continuous support to Sri Lanka in international fora … President invited to visit …

March 30, 2021 | Featured, General Services, Industry, Real Estate & Construction, Shipping and Transport | Read More
Dialog Axiata’s Genie reaches Rs.10Bn worth transactions by 2021

Dialog Axiata’s Genie reaches Rs.10Bn worth transactions by 2021

Powered by Dialog Axiata PLC (“Dialog”), Genie, Sri Lanka’s first PCI-DSS-certified payment app has cemented a major milestone moment on its journey in …

March 30, 2021 | Companies, Industry, Technology | Read More
CEAT Kelani announces 125-pct increase truck bus radial tyre production

CEAT Kelani announces 125-pct increase truck bus radial tyre production

Phase 1 to see production increase of 65% Phase 2 to increase capacity by 125% by June CEAT Kelani Holdings has announced another significant increase in …

March 30, 2021 | Companies, Featured, Industry, Logistics, Other, Other News, Shipping and Transport | Read More
Asia Pacific’s largest logistics property developer, explores investment opportunities in SL

Asia Pacific’s largest logistics property developer, explores investment opportunities in SL

Stuart Gibson, Co-Founder & Co-CEO of Hong Kong listed ESR Cayman Ltd, one of APAC’s largest logistics property platforms, visited Sri Lanka …

March 26, 2021 | Featured, Industry, Shipping and Transport | Read More
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