Exterminators PLC, Asia’s first publicly listed, great place to work certified pest management and environmental enhancement technology company, is delighted to announce the appointment of Dr. Kishu Gomes as its chairman with effect from February 8, 2024. Dr. Kishu Gomes is a corporate leader with an impressive track record, having held leadership positions in both…
The Chinese are getting ready buying new clothes, having a facial or a manicure, trying a new hairstyle etc. in the run-up to the Chinese New Year. With these they gear up for a new beginning & a fresh look for the year ahead. Chinese sources indicate that it’s the busiest time of the year…
WindForce, the pioneering renewable energy developer in Sri Lanka, has made a significant announcement regarding its dividend for the fiscal year 2023/2024. The company revealed that it will be paying out a dividend of LKR 1 per share, amounting to a total dividend payout of LKR 1.35 billion. This latest dividend declaration continues WindForce’s tradition…
Reuters – Sri Lanka is hopeful of making progress by next month on two delayed wind energy projects to be built by India’s Adani Green Energy Ltd, its energy minister said on Wednesday. The cash-strapped south Asian island nation, which has suffered from crippling power blackouts and fuel shortages, has been trying to speed green…
Sri Lankans pay 2.5 to 3 times more for electricity than South Asian neighbours In 2023, Sri Lanka revised its electricity charges three times in February, July and October. The stated basis for the increase, was to recover the full cost of providing electricity. This analysis compares the electricity charges on households in Sri Lanka…
Financial Year 2023/24 – First Nine Months Performance Chief Executive Officer’s Review Amidst the backdrop of relatively stable operating conditions in the domestic economy, Hemas Holdings PLC (HHL) demonstrated a steady performance in the first nine months of the financial year 2023/24, achieving a cumulative revenue growth of 10.3 percent amounting to Rs. 90.2 billion….
hSenid Business Solutions (hBS) released its financial results for the quarter ending on December 31, 2023, reporting a 23 percent year-over-year increase in revenues. The PeoplesHR Cloud business, constituting 76% recurring revenue, remains the primary driver having recorded a 40% growth year-on-year. The Company achieved a critical milestone in its growth journey by surpassing $3…
The increase in number of youth participation in playing cricket and growing popularity of tournaments and cricket leagues are the factors that are driving the growth of the cricket equipment market. Allied Market Research published a report, titled, “Cricket Equipment Market by Product Type (Bats, Balls, Protective Gears, and Others), Price Point (Economical, Medium, and High), and…
The oneworld® alliance today named airline industry veteran Nathaniel (Nat) Pieper as its new CEO. Pieper, who is currently senior vice president of fleet, finance and alliances at oneworld member Alaska Airlines, will join the alliance in his new role on 01 April 2024. As CEO, Pieper will lead oneworld through its 25th anniversary celebration…
The Central Bank of Sri Lanka introduced restrictions on the usage of the Standing Facilities by the Licensed Commercial Banks (LCBs) under the Open Market Operations (OMOs), with effect from 16 January 2023. Accordingly, access to the Standing Deposit Facility (SDF) was limited to a maximum of five (05) times per calendar month, while access…
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