Kapruka.com, Sri Lanka’s largest locally owned e-commerce platform, is proud to announce that it has become the first online service in Sri Lanka to accept Apple Pay payments. This milestone highlights Kapruka’s continued commitment to staying at the forefront of innovation and providing unmatched convenience for its customers. As Sri Lanka’s leading e-commerce platform, Kapruka…
The International Bazaar & Cultural Extravaganza 2024, held at the Good Market, Race Course, Colombo 07, offered a truly international experience on Saturday, 07 December 2024 celebrating diverse cultures, cuisine, and crafts. The event, themed around sustainability, captivated attendees with its vibrant activities and country booth presentations. This second edition of the annual event was…
BOXY (Pvt) Ltd is thrilled to unveil its strategic alliance with SOCOMEC, a global leader in energy performance and critical power management. This groundbreaking collaboration opens new avenues for Sri Lanka to access cutting-edge, sustainable energy solutions tailored to the needs of modern industries. The official partnership event, held on December 6th, 2024, at the…
The Joint Apparel Association Forum (JAAF) and Solidaridad, a civil society organization, recently co-hosted a one-day workshop in Colombo to address the European Union’s Corporate Sustainability Due Diligence Directive (CSDDD). Introduced in 2023, the CSDDD requires companies in EU-bound supply chains to meet stringent environmental and human rights standards. While Sri Lankan suppliers are not…
“A project and process are currently underway to utilize land owned by the Sri Lanka Ports Authority (SLPA) and the Port of Colombo (POC) for solar energy harvesting, aiming to produce green hydrogen under the port’s Green Energy Initiative Programme,” said Eng. Ganaka Hemachandra, Managing Director of the Sri Lanka Ports Authority (SLPA). He made…
The Hambantota International Port (HIP) supported a joint initiative by the Japan External Trade Organization (JETRO) and the Hambantota Chamber of Commerce, which are on an initiative to attract investments into the southern hinterland of Sri Lanka. In line with JETRO’s business engagement in India, the delegation of investors consisted mainly of Japan-based business organisations…
Data, AI, and Sri Lanka’s future: What challenges must be overcome for a smarter tomorrow? LIRNEasia hosted a forum on December 7, 2024, titled “Unlocking Data for Artificial Intelligence in Sri Lanka” at the ITC Ratnadipa Hotel, Colombo. The event brought together AI experts, data scientists, policymakers, and industry leaders to explore practical ways to…
CEAT, an RPG company and Michelin, the global leader in tyres, announced today that they have entered into a definitive agreement for CEAT to acquire Camso brand’s Off-Highway construction equipment bias tyre and tracks business from Michelin in an all-cash deal valued at about $225 Mn (SLR 65 Bn). The transaction will include the business…
Sale of two plants in Sri Lanka to CEAT, securing jobs and business continuity Focus of the Group’s Construction activities on its most value accretive offers Joint commitment by Michelin and CEAT to optimize the transition for all impacted Continuation of other manufacturing activities in Sri Lanka, an important country for Michelin Sale of the…
Sri Lanka was promoted as a premier travel destination at the Holiday Expo Gent held from 29 November to 02 December 2024 at Flanders Expo in Belgium. The event which attracted well over 40,000 visitors was a B2C event, providing direct access to potential travelers in Belgium planning their holidays. The Embassy of Sri Lanka in Brussels, with the…
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