United Motors Lanka PLC (UML) has marked a significant financial recovery for the 2024/25 financial year, recording a profit of LKR 73 million after years of losses, as Sri Lanka’s government lifted a long-standing ban on vehicle imports earlier this year. Describing the policy shift as a “significant and positive development,” UML Chairman Devaka Cooray…
The Ceylon Electricity Board (CEB), under the Ministry of Energy, has called for international proposals to develop two 50MW wind power facilities in Mullikulam on a Build, Own, and Operate (BOO) basis. The project, tendered under reference TR/REP&PM/ICB/2025/001/C, will involve the financing, design, supply, construction, testing, commissioning, operation, and maintenance of the two wind farms,…
DFCC Bank PLC is proud to announce its role as a Lead Arranger in a landmark USD 100 million Social Loan Facility raised by Satin Creditcare Network Limited (SCNL), one of India’s largest microfinance institutions. The syndicated facility, arranged by Standard Chartered Bank, India, is structured under the globally recognised Social Loan Principles, with DFCC…
On the occasion of World Environment Day 2025, the Sri Lanka Institute of Packaging (SLIP) proudly reaffirms its unwavering dedication to promoting sustainable packaging practices and supporting both national and global environmental objectives. Observed annually on June 5, World Environment Day stands as the United Nations’ flagship campaign to raise awareness and inspire action to…
A special initiative to appoint individuals as caretakers of coastal areas adjoining tourist hotels was launched Yesterday morning (04) at the premises of the Habaraduwa Divisional Secretariat. The project aims to preserve the cleanliness and natural beauty of beach zones adjacent to tourism establishments. As part of this initiative, a Memorandum of Understanding (MoU) was…
Today, June 4, 2025, Sri Lanka’s stock market soared to a fresh record as the benchmark All Share Price Index (ASPI) closed at an all-time high of 17,353.05 points, marking a 138.66-point gain or 0.81% from the previous session. This historic milestone comes just a day after the index surpassed the 17,200 mark for the…
It is very important to work together with the public in leading the economy of this country into a systematic transformation. – President speaks to the officials of the General Treasury President Anura Kumara Dissanayake insisted that the development of a country cannot be achieved just by achieving economic achievements, and the towers of social…
SriLankan Airlines welcomed an Airbus A330-200 wide-body aircraft that arrived from Paris this morning. The aircraft, bearing registration number 4R-ALT, performed a low fly-past over Colombo and Katunayake before touching down at Bandaranaike International Airport (BIA). This latest addition brings SriLankan’s fleet to 23 aircraft, reinforcing the airline’s commitment to fleet expansion and paving the…
The Ambassador for the Republic of Korea in Sri Lanka, Ms. Miyon Lee visited the Hambantota International Port (HIP), in late May, to explore potential business collaborations and assess the port’s operational capabilities for Korean investment and trade. During a guided tour of HIP’s state-of-the-art facilities, the Ambassador and her entourage comprising Deputy Head of…
Available for free download on the Google Play Store Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, has partnered with the National Aquatic Resources Research and Development Agency (NARA) to deliver critical information on Potential Fishing Zones (PFZs) through the trilingual Sayuru mobile application. The initiative aims to enhance the safety, sustainability, and productivity of…
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