Sea Horse Yachts (Pvt) Ltd. recently entered into an agreement with the Hambantota International Port Group (HIPG) to set up a state-of-the-art yacht building facility at the port. The agreement was signed by Johnson Liu, CEO, HIPG and Ali Hussain Didi, President, Sea Horse Yachts (Pvt) Ltd. at a signing ceremony held this week in…
JAT Holdings Limited, Sri Lanka’s trusted industry leader in finishing and furnishing, witnesses immense organizational progress fueled by the firm’s intention to begin its manufacturing operations in Bangladesh further boosting its already established presence in the country. Following the recent Initial Public Offering (IPO), JAT Holdings is ahead of schedule to fulfil its near-term objectives,…
The Information and Communication Technology Agency (ICTA) of Sri Lanka announced that a Memorandum of Understanding (MoU) was signed between ICTA and TRACE Expert City (Technology Reawakening Culture of Excellence) Uva Chapter recently, to establish a framework formalizing the mutual agreement and understanding to establish, construct, operate and maintain a Tier II Techno Park within…
Facility to target funding directly at underserved SMEs, boost jobs and promote economic and social inclusion across Sri Lanka Supports development of clean energy efficiency initiatives, underpinning Sri Lanka’s commitment to the Paris Agreement Commitment marks CDC’s first climate investment in Sri Lanka and its first direct investments in the country since 2012 The Commercial…
Transcription of Ambassador Teplitz’s Interview with Ada Derana 24 Derana TV: A warm welcome. You’re joining us at Hyde Park on Ada Derana 24. Tonight on the show you will see a guest who has appeared on my show for a number of times during different milestones in the political history of – recent…
Perceived Economic Opportunity Index 2021 [PEOI] Q2: March to June, 2021 This month we mark ten years of tracking the perception of economic opportunities among the people of Sri Lanka via the Perceived Economic Opportunity Index (PEOI). Having begun in July 2011 this measurement continued every month except for a short break in 2015 and…
Land Valuation Indicator (LVI) for Colombo District increased to 155.1 during the first half of 2021. The annual increase of 9.5 and the semi-annual increase of 6.8 of LVI, reversed the declining trend observed in the LVI increases over the last two years. All sub-indicators of LVI, namely Residential LVI, Commercial LVI and Industrial LVI,…
The Sri Lanka@100 platform announced the selection of six high-potential, mid-market firms to receive cutting-edge business advisory services to accelerate their growth. This is the second cohort of companies onboarded to Sri Lanka@100, a platform supported by the United States Agency for International Development (USAID) and administered by Stax, a global management consulting firm. “Mid-market…
A renowned team from Switzerland who are widely regarded as experts on organic agriculture met with Minister of Plantation Hon Dr. Ramesh Pathirana and Secretary to the Ministry of Plantation Mr. Ravindra Hewavitharana on 06th August. During the meeting, the Minister shared the country’s vision for the plantation sector and the approach and measures taken…
Consolidated revenue of Rs. 7.3 billion Healthcare revenue up 54% YoY to Rs.4 billion Strong growth in Consumer, revenue up 68% YoY to Rs. 1.8 billion Agribusiness revenue increased by 44% YoY to Rs. 1.8 billion PAT increased to Rs. 1 billion, an increase of 88% YoY Diversified Sri Lankan conglomerate Sunshine Holdings PLC (CSE:…
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