Meldol, a 500 mg Paracetamol BP tablet offering reliable relief from pain and fever, manufactured by Sands Active Pvt. Ltd., was officially launched on 6 June in a highly anticipated event. Meldol, their newest addition to the pharmaceutical market, aims to provide reliable relief from pain and fever. Formulated with high-quality raw-material, it is designed…
By Ranga De Silva After completing advanced level (A/L) education in school, higher education is of the utmost importance to students to enhance career opportunities. Some students move immediately to employment, seeking avenues to fund higher education via employment earnings, while some directly move to higher education after school. According to the Department of Examinations,…
Acquisition will be funded by internal accruals Ambuja Cements Limited, the cement and building material company of the diversified Adani Group, recently announced the signing of a binding agreement for the acquisition of Penna Cement Industries Ltd. Ambuja will acquire 100% shares of PCIL from its existing promoter group, Mr. P. Pratap Reddy and family….
JAT Holdings PLC, Sri Lanka’s frontrunner in wood coatings and brushes, celebrated a key milestone with the ceremonial opening of its state-of-the-art binder plant in Horana. This historic achievement marks the culmination of months of dedicated planning and construction, symbolizing JAT’s unwavering commitment to innovation and operational excellence. The JAT Binder Plant represents a significant…
John Keells CG Auto to strengthen EV eco-system with innovative NEV solutions John Keells CG Auto (Pvt) Ltd (JKCG Auto), the joint venture between John Keells Holdings PLC (JKH), Sri Lanka’s largest conglomerate listed on the Colombo Stock Exchange and CG Global headquartered in Dubai, partnered with the Asia Exhibition & Convention (Pvt) Ltd. to…
The 2024 Work Trend Index Annual Report from Microsoft and LinkedIn offers valuable insights into the evolving dynamics of the workplace. To help leaders and organizations overcome artificial intelligence (AI) resistance, Microsoft and LinkedIn examined how AI will broadly reshape and is impacting the work and labor market. They have surveyed 31,000 people across 31…
Tune In to Discover Sri Lanka’s Next Digital Innovators Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, is thrilled to announce the premiere of the Dialog Innovation Challenge, a captivating TV program airing on TV Derana every Saturday at 10:30 PM, starting June 15th and on DialogTV Channel One every Sunday at 6.30 PM, starting…
The Ceylon Chamber of Commerce congratulates the Government of Sri Lanka for securing a board-level agreement on the second review of Sri Lanka’s Extended Fund Facility (EFF) with the International Monetary Fund (IMF). This agreement provides Sri Lanka with immediate access to approximately SDR 254 million (about USD 336 million) in financing. This significant development…
JAT Holdings PLC, a leader in wood coatings and brushes in Sri Lanka, announces the grand opening of its cutting-edge binder plant in Horana. This milestone event, a testament to JAT’s dedication to innovation and operational excellence, follows months of strategic planning and construction. The new binder plant began operations in March 2024, with the…
The International Monetary Fund (IMF) says that there is sufficient progress for Sri Lanka’s Debt Restructuring process to move forward. However, the IMF further said Sri Lanka’s economy is still vulnerable and the path to debt sustainability remains knife- edged hence the country need to sustain the reform momentum. Meanwhile, joining the IMF press briefing…
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