The EDB in collaboration with the Sri Lanka Embassy in Vietnam made arrangements to organize participation of Sri Lankan Pharmaceutical product manufacturers at the 22nd Medi- Pharm Expo, Vietnam Exhibition 2024 held from 1st to 03rd August 2024 at DIECC (KohPich) in Hochi Minh City , Vietnam . The pharmaceutical Sector has been identified as…
Quarterly Financial Review Tokyo Cement Group (Tokyo Cement) reported a turnover of Rs. 11,665 Mn (a 3% decline over the same period of the previous year) and a Profit After Tax (PAT) of Rs. 707 Mn (a 18% decline over the same period of the previous year) for the 1st quarter ended 30th June 2024….
The President and Executive Committee of the Sri Lanka – Greater Mekong Business Council (SLGMBC) of The Ceylon Chamber of Commerce recently held a meeting with His Excellency Mr. Paitoon Mahapannaporn, the Ambassador of Thailand, and Ms. Prangtip Kongrittisuksakon, Counsellor of Thailand to Sri Lanka. The discussion focused on enhancing economic cooperation and exploring new…
Complaints can be made even without providing our unique identifiers, In future, this unit will also be launched in local revenue and excise departments – Minister of State for Finance Siambalapitiya The Internal Affairs Division of the Sri Lanka Customs Department to receive and investigate public complaints was inaugurated by Minister of State for Finance Ranjith Siambalapitiya….
People’s Leasing & Finance PLC, Sri Lanka’s leading non-bank financial services institution and a subsidiary of People’s Bank, has announced the appointment of Mr Sanjeewa Bandaranayake as its new Chief Executive Officer (CEO) and General Manager (GM). His appointment is effective from 6th August 2024, and has received the approval of the Central Bank of…
Hayleys Solar, the leading player in Sri Lanka’s renewable energy industry and the renewable energy arm of Hayleys Fentons, has completed a groundbreaking project for the Watch Tower Bible and Tract Society of Lanka. The project establishes Sri Lanka’s largest non-government-funded battery energy storage system (BESS), powered by solar photovoltaic (PV) technology. The Battery Commissioning…
By Chairman, Planters’ Association of Ceylon – Mr. Senaka Alawattegama Despite challenges like COVID-19 and economic crises, Sri Lanka’s plantation industry remains a key economic pillar. Privatization in 1992 increased operational efficiency and reduced the government’s financial burden. RPCs have diversified crops, invested in environmental conservation, and improved worker welfare. The plantation industry has long…
The 15th edition of the premier international textile sourcing platform in South Asia commenced in Colombo yesterday (August 7) and will run until August 9 at BMICH, Colombo. Over the last 10 years, Intex Sri Lanka has been at the forefront of Sri Lanka’s textile and apparel sector, playing a pivotal role in facilitating trade,…
A unit of Qatar Investment Authority, SBI Mutual Fund, and foreign investment funds Nomura and Citigroup were the biggest buyers of shares in Adani group’s power transmission unit’s $1 billion QIP, according to a stock exchange filing by the company. USD 1 billion qualified institutional placement (QIP) of Adani Energy Solutions Ltd (AESL), which closed…
The highest-rated domain and hosting provider in Sri Lanka has once again made headlines with its newest web hosting solution – the “Core Hosting” series. These new hosting packages come with impressive specs rarely seen in shared hosting packages. This includes a whopping 8GB RAM, 500,000 inodes, and Terminal Access. Yes, you read that right;…
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