Commissions 100kW roof-top solar power system, one of the largest in Wattala area La Serena, Sri Lanka’s first ever retirement resort for senior citizens, is harnessing the power of the sun — an ample resource at its beachfront location in Uswetakeiyawa — to “go green” by generating solar electricity for the national grid with an…
Bustanica has unveiled its 330,000sqft environmentally controlled farm facility, with an investment of US$40 million. Bustanica will annually save in excess of 250 million litres of water and produce over 1 million kgs of produce that are free of pesticides, herbicides and chemicals. Bustanica has opened the doors to the world’s largest hydroponic farm, backed…
Uga Jungle Beach, the second resort launched by Uga celebrated its 10th Anniversary on the 22nd of June 2022. Located in Trincomalee, the property is set in an entirely natural and harmonious blend of Sri Lanka’s most celebrated natural virtues, its wondrous beaches, and teeming jungles, which provides guests spectacular views of the ocean or…
The Social Cohesion and Reconciliation (SCORE) Youth Activity (SYA) that provided life-changing internship opportunities for 280 youths from 14 districts has received positive feedback from all the partner organisations where the young interns were employed in during their internship periods. Implemented by the International Youth Alliance for Peace (IYAP) and funded by the United States…
Prime Lands Residencies PLC signs MOU with Hatton National Bank for Flagship Luxury Project Prime Lands Residencies PLC recently entered into an MOU with HNB to offer an innovative financing model for potential clients to own an apartment at The Grand, Ward Place – the Prime Group’s luxury flagship project that is now nearing completion….
Ayozat, a British music company founded by Sri Lankan-born Umesh Perera, is set to revolutionise the music industry by presenting the opportunity for music fans to earn royalties by part-owning iconic songs from today to yesteryear. Ayozat successfully secured the rights to 100,000 tracks, including a string of world-famous hits, in a GBP 38 million…
CIPM Sri Lanka – the Nation’s leader in human resource management, held the inauguration ceremony of the 6th Annual Research Symposium ‘Glocalization of HRM Practices for Business Resilience’ recently in hybrid mode with local and international participants, including Guest of Honor Johnny C. Taylor Jr – President & CEO SHRM USA, Keynote speaker Professor of…
Adjudged Best Bank for SME Banking & Best Bank for Environmental, Social and Governance (ESG) The Commercial Bank of Ceylon has won two coveted international awards – ‘Best Bank for Small and Medium Enterprise (SME) Banking’ and ‘Best Bank for Environmental, Social and Governance (ESG)’ at the latest awards event of the respected Asiamoney magazine….
The Sri Lanka Association of Software Services Companies (SLASSCOM), held its momentous finale of the National Ingenuity Awards recently , celebrating some outstanding innovations of 35 Provincial and 24 National winners from across the island. This year’s national winners were selected from across many verticals that included the Best Global Services/ BPM Transformation category that…
The Association of Chartered Certified Accountants (ACCA) recently signed a Memorandum of Understanding (MOU) with the University of Jaffna. This agreement will pave way for ACCA and the Department of Accounting, Faculty of Management Studies and Commerce at the University, to work in collaboration to ensure that students gain the requisite accountancy and finance capability…
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