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Adapting & transforming for stability – By Prof. Samitha Hettige

The ‘Atharva-vedha’ describes rice as ‘immortal sons of heaven’ & Indian literature sometimes refers to god of rice as ‘Anna-devatha’. The Chinese civilization which has many rice related achievements dating back approx. 11,000 years recently recorded another. In 2020 China exposed rice seeds to the lunar atmosphere & in 2022 Chinese scientists sent rice seeds…

(0)Comments | December 10, 2024 4:55 pm

Book industry renews call for exemption from VAT, citing serious concerns

Submits proposal for inclusion in first budget of new NPP government Sri Lanka’s book industry has renewed its call for books to be exempt from tax, with four industry bodies submitting a proposal to the new government for inclusion in the next national budget. Urging the government to consider the financial as well as social…

(0)Comments | December 10, 2024 1:47 pm

ADB Approves Financing Facility for Sri Lanka’s Energy Sector Sustainability

The Asian Development Bank (ADB) has approved a $30 million Small Expenditure Financing Facility (SEFF) for the Ceylon Electricity Board (CEB), guaranteed by the Democratic Socialist Republic of Sri Lanka, to bolster the sustainability of ongoing and future energy sector projects. “This is Sri Lanka’s first SEFF, designed to support the operational sustainability of ADB-financed…

(0)Comments | December 10, 2024 1:05 pm

Alumex PLC launches new ESG Roadmap ‘Elevate’ to Shape a Sustainable Future

Setting the benchmark for sustainable aluminium manufacturing in Sri Lanka and worldwide, Alumex PLC launched a comprehensive Environmental, Social, and Governance (ESG) roadmap titled ‘Elevate’ on 3rd December 2024 at the Hayleys Head Office. Adopting a formal ESG framework underscores Alumex’s vision of creating long-term value for stakeholders and contributing to a sustainable future. Commenting…

(0)Comments | December 10, 2024 12:51 pm

SLINTEC commercialises a record 8 patents and innovations within 12 months

Achieves highest ever number of patents commercialised in 2024 SLINTEC’s graphite-based patent to innovate Abu Dhabi’s ocean clean-up process SLINTEC natural dye patents contribute to growth in Apparel Exports The Sri Lanka Institute of Nanotechnology (SLINTEC) witnessed a remarkable transformation – with four [04] patents having been commercialised, with an additional four [04] innovations in…

(0)Comments | December 10, 2024 11:38 am

Kapruka Becomes the First E-Commerce Platform in Sri Lanka to Accept Apple Pay

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…

(0)Comments | December 10, 2024 10:58 am

International Bazaar & Cultural Extravaganza 2024

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…

(0)Comments | December 9, 2024 5:21 pm

BOXY and SOCOMEC: Transforming Sri Lanka’s Electrical Supply Industry

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…

(0)Comments | December 9, 2024 12:13 pm

Strengthening sustainability: JAAF and Solidaridad chart the path for EU market alignment

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…

(0)Comments | December 9, 2024 11:29 am

“The optimum usage of energy is a mandatory requirement” – Eng. Ganaka Hemachandra, Managing Director, SLPA

“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…

(0)Comments | December 9, 2024 11:08 am

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