(Reuters) – Hyundai Motor’s, opens new tab labour union in South Korea warned the automaker on Thursday against deploying humanoid robots without union approval, saying the robots would bring “employment shocks”. Hyundai’s plan to deploy humanoid robots starting in 2028 has sent its shares rallying to record highs, but it was not welcome news for…
Consolidates ownership to support long-term growth, marking major exit for BOV Capital Roar Global, a mar-tech venture builder that builds, acquires, and scales companies across platform ecosystems and AI, has completed a landmark share buyback of its early institutional investor, BOV Capital, marking a significant milestone in the group’s evolution. The transaction represents a major…
Hambantota International Port (HIP) has launched its Automated Gate Pass Management System (AGPMS), becoming the first port in Sri Lanka to introduce a fully automated, QR-code-based, paperless gate pass solution. The initiative marks a major step forward in HIP’s digital transformation, strengthening efficiency, security, and access control across port operations. The system was officially inaugurated…
Sri Lanka today took a major step towards transforming its agriculture sector with the official launch of the Agriculture Enterprise Architecture Framework, Agriculture Interoperability Framework, Data Sharing Policies, and CROPIX, a national digital platform for crop data and decision-making. The high-level launch event, co-hosted by the Ministry of Agriculture, Livestock, Land and Irrigation and the…
The Colombo Stock Exchange has contributed LKR 25 million to the Rebuilding Sri Lanka Fund. The relevant cheque was handed over to the Secretary to the President Dr. Nandika Sanath Kumanayake by the Chairman of the Colombo Stock Exchange, Mr. Dimuthu Abeyesekera, the Chief Executive Officer Rajeeva Bandaranaike and Senior Vice Chairman Mr. Kusal Nissanka…
The Northern Province took center stage in Sri Lanka’s economic landscape as it hosted the Northern Investment Summit 2026 on the 21st and 22nd of January. Under the theme “Building a Resilient, Inclusive, and Globally Connected Northern Economy,” the two-day summit redefined the region as a compelling destination for local and international capital. The summit…
The Sri Lanka Institute of Marketing (SLIM) announces a defining milestone for the country’s marketing, advertising, and creative sectors, as Effie Awards Sri Lanka 2025 records the highest number of entries in its history, crossing 300+ submissions. The unprecedented response reflects a stronger, more confident industry, one that is increasingly committed not only to bold…
David Pieris E-Mobility (Private) Limited, the electric vehicle arm of the David Pieris Group of Companies, proudly announces the launch of the Bajaj Chetak, marking the return of one of Sri Lanka’s most iconic scooter brands—now reimagined for the electric era. First introduced in 1978, the Bajaj Chetak quickly became a household name, earning the…
The Export Development Board (EDB) of Sri Lanka hosted an orientation programme on 16 January 2026 for the newly appointed Heads of Sri Lanka Missions overseas, aimed at strengthening collaboration in promoting the country’s exports. The programme provided an overview of Sri Lanka’s export landscape, strategic priorities, and the role of Missions in supporting trade…
Hayleys PLC informed the Colombo Stock Exchange that its Board of Directors, at a meeting held on 21 January 2026, approved an interim dividend of Rs. 6 per share for the financial year ending 31 March 2026 and resolved to raise fresh capital through a rights issue. Interim Dividend Details The gross dividend is Rs….
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