Leaders of Sri Lanka’s apparel sector highlighted the industry’s prioritization of employee safety through the adoption of and adherence to comprehensive health measures, while ensuring business continuity and thereby the industry’s sustenance. These views were expressed at a recent virtual webinar organized by the American Chamber of Commerce (AMCHAM) in Sri Lanka on the theme…
Salt Collective Ltd., a French hospitality development venture, will invest almost $ 4 million to set up a 16-room boutique hotel in Ahungalla in the southern coast of Sri Lanka. The project is scheduled to be opened for business in December 2022. Salt Collective Ltd. Chairman Cyril Jacob said: “Despite Sri Lanka having experienced numerous…
Lulu Hypermarket chain in Saudi Arabia has launched a product promotional week dedicated to Sri Lankan products. The ‘Sri Lanka Week@Lulu’ which runs from 08-14 September 2021 presents the Saudi national and expatriate communities in Saudi Arabia, a unique experience to enjoy an array of 140 different Sri Lankan products, especially imported from Sri Lanka, at attractive special promotional prices. The…
The Sri Lanka Retailers Association (Guarantee) Ltd (SLRA), recently entered in an MOU with the Ceylon Chamber of Commerce to organize the island’s premier retail sector forum for the fifth successful year. This year’s Sri Lanka Retail Forum themed, ‘Recharging Retail: Resilience to Results’ is scheduled for the 13th October 2021. SLRA is the sole…
Parliamentarian Ajith Nivard Cabraal, National List Member of Parliament for the Sri Lanka People’s Front (SLPP) has informed the Secretary General of Parliament Mr. Dhammika Dasanayake in writing today (13) that he will resign from his post as a Member of Parliament. Accordingly, the Secretary General of Parliament has taken steps to inform the Chairman…
WindForce PLC, the pioneers of renewable energy in Sri Lanka, is set to acquire Sky Solar (Pvt) Ltd owned by Sunshine Energy (Pvt) Ltd. WindForce singed a Share Sale and Purchase Agreement for 100% of the controlling stake of the company. Sky Solar currently owns and operates 2.2 MW of rooftop solar at eight factories…
By Dr. Hemakumara Nanayakkara Ever since April 2021, Sri Lanka’s agriculture and plantation sectors have been beset by needless difficulties as a result of an announcement, seemingly made on a whim, that Sri Lanka would switch to completely organic agriculture – effective immediately. In doing so, the Government has jarringly halted all progress on efforts…
The Executive Program, launched by the Colombo Stock Exchange (CSE) and University Canada West (UCW) is set to commence on 27th, September 2021. The launch of this exclusive program is a first step in the collaborative efforts for mutual development of the two organizations. The curriculum of the program includes Developing Business Analytics and Risk…
The Information and Communication Technology Agency (ICTA), announces that it received more than 325 entries from applicants for ‘e Swabhimani- Digital Social Impact Awards this year. This is the highest number of entries received in the history of the event. The Digital Social Impact Awards, e-Swabhimani, recognizes the excellence of the use of Information and…
MillenniumIT ESP – Sri Lanka’s leading Enterprise Solutions Provider – kicked off its global expansion drive by incorporating a new office in Singapore this year. This initiative was undertaken to expand the Company’s business into new markets and capture the growing global demand for enterprise technology solutions by capitalizing on its unique resources, skills sets…
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