WindForce PLC, Sri Lanka’s leading renewable energy company, has officially commissioned the 10 MW Sooryashakthi Solar Power Project in Vavunativu, Batticaloa. The inauguration took place on July 26, 2025, marking a significant milestone in the country’s transition to clean energy. Developed in collaboration with Vidullanka PLC, the project was executed under WindForce’s full Engineering, Procurement,…
SriLankan Airlines has been named the ‘Best Airline for South Asia’ at the recently held International Tourism Conclave and Travel Awards in Delhi, India, cementing its position at the pinnacle of the region’s aviation landscape. The award honours SriLankan’s expansive, next-level network connecting South Asia to the world, its signature Sri Lankan hospitality and the…
(Reuters) – CK Hutchison, opens new tab said on Monday it was in talks with a consortium pursuing its $22.8 billion ports business to add a Chinese “major strategic investor” to the bid, after Beijing flagged a probe into the deal amid heightened Sino-U.S. tension. The Hong Kong-based conglomerate made the comment the day after…
Reuters – Top U.S. and Chinese economic officials met in Stockholm on Monday for more than five hours of talks aimed at resolving longstanding economic disputes at the centre of a trade war between the world’s top two economies, seeking to extend a truce by three months. U.S. Treasury Chief Scott Bessent was part of a U.S….
New feature redirects users searching sexual abuse-related terms to support resources and safety information TikTok today announced the rollout of a new search guide in Sri Lanka aimed at providing timely help and critical support to users who may be at risk of, or impacted by, sexual abuse. The new feature is part of TikTok’s…
The Commercial Bank of Ceylon has announced plans to raise up to Rs 15 billion for lending to sustainability-linked projects via a Green Bond approved in principle by the Colombo Stock Exchange (CSE) for public listing. The Green Bond Issue opening on Monday 4th August 2025 will comprise of an initial issue of 100 million…
Sri Lanka’s export sector demonstrated remarkable resilience and steady progress during the first six months of 2025, with total exports reaching US$ 8,337.86 Mn, marking a robust 6.70 % growth compared to the same period in 2024. Total exports, including both merchandise and services reached US$ 1,460.34 Mn in June 2025. This shows an impressive…
First Capital Holdings PLC, a subsidiary of JXG (Janashakthi Group) and a pioneering full-service investment institution, recently concluded its highly anticipated Mid-Year Outlook Investor Forum 2025. Held on the 17th of July 2025, the virtual forum recorded over 900 registrations. This overwhelming response underscores the growing need for timely, expert financial guidance in Sri Lanka’s…
Ms. Dulani Warnakulasooriya, Senior Vice President of Enterprise Risk Management and Post Trade Settlement at the Colombo Stock Exchange (CSE), shares insights into the need for a Central Counterparty (CCP) clearing in Sri Lanka, a landmark development aimed at strengthening market stability, reducing systemic risk, and aligning with international best practices. What is a Central…
Virtusa Corporation, a global provider of digital strategy, engineering, and IT services and solutions, announced that it has been named a finalist in The Top 50 Consulting Firms of 2025 list by The Consulting Report, ranking 8th– an impressive rise of seven places from its 15th position last year. This recognition highlights Virtusa’s steadfast commitment to delivering expert counsel,…
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