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Hayleys sets an unparalleled benchmark for corporate reporting: wins Overall Excellence in Corporate Reporting at TAGS Awards 2024 for 3rd consecutive year

Hayleys PLC reached a pinnacle of achievement in corporate reporting, winning the coveted ‘Cyril Gardiner Memorial Trophy’ Gold Award for Overall Excellence in Corporate Reporting at the recently concluded CA Sri Lanka TAGS Awards 2024. Since the inception of the TAGS Awards in 2022, Hayleys has consistently claimed this top honour, firmly establishing itself as…

(0)Comments | December 16, 2024 12:02 pm

Synopsys Collaborates with the University of Moratuwa to Build Sri Lanka’s Semiconductor Talent for a $1 trillion Industry

As the semiconductor industry races toward an anticipated $1 trillion in revenue by the end of the decade, the demand for skilled semiconductor engineers has become a global priority. Addressing this pressing need, Synopsys, the industry leader providing silicon to systems design solutions that maximize the capabilities of technology R&D teams, is paving the way…

(0)Comments | December 16, 2024 12:00 pm

MOL Recognises HIP for Zero Cargo Damage for 2023/2024

Hambantota International Port (HIP) has once again received international recognition for its outstanding handling of RORO (Roll-On/Roll-Off) transshipment operations. The accolade was presented during MOL’s (Mitsui O.S.K. Lines) Annual Stevedore Meeting for India and Indian Ocean Region, held in Chennai. MOL commended HIP for achieving zero cargo damage and maintaining safe Pure Car Carrier (PCC)…

(0)Comments | December 16, 2024 11:42 am

EDB organized Sri Lankan Automotive Sector Delegation  to Thailand

The Sri Lanka Export Development Board (EDB), in collaboration with the Sri Lanka Embassy in Thailand, the Sri Lanka Automobile Component Manufacturers Association (SLACMA), and the Thai-Sri Lanka Chamber of Commerce, organized an exposure and study tour to Thailand for Sri Lankan automotive exporters and manufacturers. A delegation comprising representatives from nine (09) Sri Lankan…

(0)Comments | December 16, 2024 11:03 am

Breaking Free from Tradition – How Sri Lanka Can Forge an Innovative Future in Education

By Jithendra Antonio In a rapidly evolving landscape marked by relentless technological advancement, the education system of Sri Lanka faces a pivotal moment of transformation. The traditional academic model, long established as the cornerstone of the country’s education framework, is struggling to keep pace with the dynamic needs of modern society. But the way forward…

(0)Comments | December 16, 2024 8:07 am

Aitken Spence Shipping welcomes AIDAstella on her maiden call to Sri Lanka

Super luxury passenger vessel M.V. AIDAstella of AIDA Cruises, with 2,139 passengers and 640 crew on board, made her maiden call at the Port of Colombo on 11th December 2024. To mark the maiden call of the vessel at the Port of Colombo, plaque exchanges were held between the Master of the vessel, Sri Lanka…

(0)Comments | December 16, 2024 8:05 am

Adani’s Colombo Port project advances, Minister says set to boost Sri Lanka’s economy

The Colombo West International Terminal (CWIT) project, led by Adani Ports and SEZ, continues to advance as planned despite recent developments, with the company announcing it will self-finance the $700 million venture. The decision comes after withdrawing from a previously pledged $553 million loan from the US International Development Finance Corporation (DFC), demonstrating Adani’s robust…

(0)Comments | December 14, 2024 12:50 pm

Colombo Stock Exchange ASPI hits record high

The All Share Price Index (ASPI) of the Colombo Stock Exchange (CSE) reached a new all-time high today (13), recording a remarkable growth of 169.53 points during the day. The index closed at 14,205.34 points, marking the highest value in its history. Meanwhile, the S&P SL20 index, which tracks the performance of the top 20…

(0)Comments | December 13, 2024 5:20 pm

Harsha Amarasekera Appointed Chairman of Port City Economic Commission

President Anura Kumara Dissanayake has officially appointed members to the Port City Economic Commission. The official letters of appointment were handed over to the members by the Secretary to the President Dr. Nandika Sanath Kumanayake at the Presidential Secretariat today (13). Accordingly Harsha Amarasekera, President’s Counsel, has been appointed as the Chairman of the Port…

(0)Comments | December 13, 2024 5:18 pm

Ceylon Beverage Holdings addresses unusual trading activity

Ceylon Beverage Holdings PLC has responded to an inquiry from the Colombo Stock Exchange (CSE) regarding unusual trading activity in its shares (BREW.N0000) on December 12, 2024. The company confirmed it has no unpublished price-sensitive information to disclose. It clarified that the trade of 380 shares accounted for a mere 0.0018% of its total issued…

(0)Comments | December 13, 2024 5:00 pm

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