Hayleys PLC, one of Sri Lanka’s foremost diversified conglomerates, has announced its plans to raise up to Rs. 7 billion through a debenture issue, marking one of the largest corporate debt offerings scheduled for Q2 2025. This strategic initiative has received in-principle approval from the Colombo Stock Exchange. At the core of this transaction, HNB…
The Governor of the Central Bank of Sri Lanka (CBSL), Dr. Nandalal Weerasinghe, officially handed over the Financial Statements and Operations Report 2024 of the Central Bank of Sri Lanka to President Anura Kumara Dissanayake at the Presidential Secretariat today (29). A copy of the report was also presented to Secretary to the President Dr….
IGT 1 Outsourcing Lanka (Private) Ltd, hereafter referred to as ‘IGT 1 Lanka’, the subsidiary of IGT Holding I Sweden AB, and sister company of IFS Sri Lanka, recently signed an agreement to officially on-board as office tenant at the Business Centre at Port City Colombo. The leasing agreement was signed by Sal Laher, IGT…
A networking event was held on 24 April 2025 at the Sri Lanka High Commission to connect Sri Lankan IT companies with the Sri Lankan-origin IT professionals based in Singapore. The aim of the event was to bring the Sri Lankan IT professionals onto one platform, enabling them to share ideas, learn from each other,…
According to data released by the SLTDA, a total of 144,320 foreign nationals have visited Sri Lanka in the first 24 days of April. Among them, 29,763 are from India which accounts to 20.6%. Furthermore, 15,501 persons from the United Kingdom, 11,859 from Russia, 10,374 from Germany and 9,410 Australian nationals have also visited Sri…
Unveils Vibrant National Pavilion at Arabian Travel Market 2025 On April 28, 2025, the Sri Lanka Tourism Promotion Bureau (SLTPB) proudly inaugurated its dynamic national pavilion at the 32nd Arabian Travel Market (ATM) held at the Dubai World Trade Centre. The event, themed “Global Travel: Developing Tomorrow’s Tourism Through Enhanced Connectivity,” serves as a premier…
The Agent Fleet is a scalable Agentic AI platform that fuses Acuity’s deep domain expertise with the best in emergent AI technology to transform the services Acuity provides to the world’s financial services industry. Acuity Knowledge Partners (Acuity), a leading provider of bespoke technology, analytics, and research to the financial services sector, is excited to…
Building on a consistent track record of supporting national anti-narcotics initiatives and eradicating a national menace, INSEE Ecocycle Lanka (Private) Limited, the leading professional waste management solutions provider, collaborated once more with the Sri Lanka Police Narcotics Bureau (PNB) and the National Dangerous Drugs Control Board (NDDCB) to responsibly dispose of 494.048 kgs of confiscated…
The China Building Materials Federation, Conch Group, and Huawei held an event in Wuhu, China, to showcase their AI model for the cement building materials industry. The model is the first of its kind, marking a significant milestone in the digital transformation of the cement building materials sector. More than 340 government leaders, industry experts,…
The Ceylon Chamber of Commerce recently met with the leadership of the Kegalle District Chamber of Commerce, Industry, and Agriculture (KDCCIA) to discuss strategies to uplift local enterprises and facilitate new opportunities for the district. The discussions centred on key development sectors for Kegalle, notably tourism and agriculture, and the potential to move industries such…
Video Story
