President Ranil Wickremesinghe inaugurated the second phase of the flyover project today (11). This phase, constructed by the Ministry of Transport and Highways at a cost of LKR 5,278 million, spans between Kompannavidiya and Justice Akbar Mawatha over the railway line. The Road Development Authority, in collaboration with Maga Engineering, undertook this project to alleviate…
SGS is pleased to announce that it will offer the EN15343 plastic recycling traceability and assessment of conformity and recycled content product certification scheme across India, Bangladesh and Sri Lanka, following accreditation from ENAC, granted to SGS in Spain. This accreditation, for UNE-EN-15343 certification, is a crucial step towards sustainability and regulatory compliance in Spain. This certification, required under Spain Law 7/2022 on Excise Tax…
Star Garments Group (“Star”) announced its plan to build a large-scale apparel export manufacturing factory in Togo to boost the West African country’s textile and apparel capabilities, through a financing package that includes a USD 15 million loan by the International Finance Corporation (IFC), a member of the World Bank Group. The move marks Star’s…
John Keells Logistics (JKLL), a leading provider of 3PL services in Sri Lanka, launched a new fleet management operation in partnership with DHL Express Sri Lanka earlier this year. This strategic collaboration involves dedicated fleet deployment and driver management by JKLL on behalf of DHL Express Sri Lanka while complying with DHL’s global standards. The…
Port City Colombo announced that China Duty Free (CDF) and One World Duty Free (ODF) have been granted status as Businesses of Strategic Importance (BSI) by the Cabinet, according to an official Cabinet media statement released on 10th July 2024. This approval paves the way for the commencement of travel retail operations at the upcoming…
The head office will be opened by the President in Karandeniya, Galle. If the country is not moved forward through a correct economic system, the gains will be lost. Cinnamon cultivation will be improved in the country and the export economy will be strengthened – President. Mr. Ranil Wickramasinghe stated that if the country is…
The High Commissioner of Sri Lanka to Singapore Senarath Dissanayake met Minister for Communications and Information of Singapore Josephine Teo on 01 July 2024 and exchanged views on shared common interests on the digital front, including AI. The High Commissioner briefed the Minister on the recent Fintech delegation visit to Sri Lanka to explore possible…
MillenniumIT ESP, a leading provider of enterprise technology solutions, is excited to announce a significant change in its leadership, ushering in a new and promising era for the company. This strategic shift is driven by a transition in Ambeon Group which further strengthens MillenniumIT ESP’s international growth strategy by bringing in the expertise of a…
Subsequent to the announcement of its initial public offering (IPO) recently, Cable Solutions Limited (CSLK) – one of Sri Lanka’s leading specialised integrated cable manufacturers – successfully concluded its Investor Forum on the 9th of July 2024. Held as a virtual event, with participants from across the world, the Investor Forum was attended by industry…
Ceylon Curry Club, a member of the Citrus Group and Sri Lanka’s premier restaurant for contemporary Sri Lankan and fusion cuisine, was honoured to be invited for a 2nd time to India’s biggest pre-wedding celebration, ahead of the nuptials of Anant Ambani and Radhika Merchant. The restaurant’s exotic culinary creations were featured at the main…
Video Story
