Hayleys, AgStar, John Deere, DIMO, CIC and Browns join Bank effort The Commercial Bank of Ceylon recently brought together a coalition of some of the biggest names is Sri Lanka’s agriculture sector to conduct an ‘Agri Modernisation Fair’ for farmers in the Vavuniya area and introduce the latest technologies available to them and promote smart…
The Sri Lanka Export Development Board (EDB) has established a partnership with the Engineering Faculty of the University of Moratuwa by signing a Memorandum of Understanding to enhance collaboration between the Academia and the Entrepreneurs of construction, power and energy, and engineering services in Sri Lanka. The collaboration aims to support the Research and Development…
The Vision Care 109th Colombo Championship concluded successfully, marking another milestone in Sri Lanka’s tennis history with outstanding performances across all categories. Vision Care, Sri Lanka’s largest vision, eyewear and hearing solutions provider, reaffirmed its commitment to the development of sports as the Title Sponsor for this prestigious Grade A tennis tournament. Organized by the…
NDB Bank is proud to announce its remarkable success at the 39th Mercantile Athletic Championship, held from 9th to 11thof August, 2024, at the prestigious Sugathadasa Stadium in Colombo. Competing against athletes from 82 member companies and 52 institutions registered with the Mercantile Athletic Association, NDB Bank secured an impressive 23 awards, marking a significant…
352% increase in profit before tax FY24. 167% increase profit after tax. 143% increase in operating profit. 56% decrease in non-current liabilities. 46% decrease in current liabilities. Exterminators PLC, Sri Lanka’s premier pest management and environmental technology company, has remarkably demonstrated financial resilience during FY24, achieving notable profitability despite prevailing economic challenges. The company reported…
Grand Octopus the luxurious boat to celebrate any of your occasions in life was launched at Ramadia Ranmal Hotel recently. Grand Octopus is a luxurious boat fully airconditioned made to organize any function that includes wedding, birthday party, family get together and office gathering. According to Rohan Fernando the Managing Director of Rodesha Group and…
The Tea Exporters Association (TEA) held its 25th Annual General Meeting (AGM) on the 6th of September 2024, at the Grand Marquee, Taj Samudra, Colombo. The event, a calendar highlight for the tea industry, hosted a distinguished gathering of over 500 key industry stakeholders and esteemed guests. Alongside celebrating TEA’s 25th Anniversary, the AGM took…
The group continues supplying power to Bangladesh, despite outstanding payments Adani Power, India’s largest private sector thermal power generator and part of the Adani Group, supplies power to Bangladesh from one of its power plants which is located in India’s Godda district in the east. This plant is dedicated to supplying to Bangladesh only and…
Vision Care, Sri Lanka’s largest vision, eyewear and hearing solutions provider, unveiled its brand-new line of ‘Kapvoe’ cycling glasses at the exclusive “Finishers Gear” event. This groundbreaking launch marks the first time Kapvoe’s state-of-the-art Oval glasses and Protective goggles are available in Sri Lanka, catering to both cycling and running enthusiasts. The “Finishers Gear” event,…
APSEZ has signed a concession agreement with Deendayal Port Authority (DPA) for developing Berth No. 13 APSEZ was awarded the Letter of Intent (LOI) in July 2024 to develop the berth under a 30-year concession Berth will handle multipurpose cargo and is expected to be commissioned in FY27 Adani Ports and Special Economic Zone Ltd…
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