Sri Lanka seeks investors for nuclear power plants

Sri Lanka will call for expressions of interest (EOI) in setting up nuclear power plants, its energy minister said on Friday, as it seeks....

Seeks proposals for floating solar plant on Samanalawewa reservoir

Ceylon Electricity Board says it has called invitation for Expression of Interest (EOI) for the construction of two 100 MW floating....

CEB cuts September losses after repeated tariff hikes

The Ceylon Electricity Board (CEB) narrowed its losses in the three months through September 2023 after two substantial tariff....

Panasian Power subsidiaries secure CEB tenders for ground mounted solar projects

Panasian Power PLC said four of its fully-owned subsidiaries have clinched tenders from the Ceylon Electricity Board (CEB) for six ground...

Sri Lankan economy on the mend, says senior Japanese diplomat

While commending the efforts of the Sri Lankan government to bring in new reforms to stabilise the economy, Minister/Deputy....

Top CFA Institute officials in town

CFA Society Sri Lanka is set to host delegates from the CFA Institute, with Country Head for India Arati Porwal and Director Partnerships....

Deloitte South Asia CEO to visit Sri Lanka this month

Deloitte South Asia Chief Executive Officer Romal Shetty is slated to visit Sri Lanka this month. His visit was announced....

Brandix sparks new era in apparel with artificial intelligence

Pioneering future with Copilot for Microsoft 365 Stepping into the next frontier of innovation, Brandix is one of the first Sri Lankan ...

People’s Bank adds a cutting-edge AI-powered chatbot to its website

In a move to elevate customer service, People’s Bank proudly announces the launch of its artificial intelligence (AI)-powered chatbot...

Retail sales hit lowest level since 2021 lockdowns

BBC: Shoppers bought less fuel and food in October as they were hit by rising living costs and poor weather, according to official figures.

Over 1mn three-wheelers to have access to affordable electric battery swapping

One million two hundred thousand three-wheelers in Sri Lanka to be able to offer clean and affordable transportation solutions, with Lanka E-Mobility Solutions (Private) Limited (LeMS) introducing electric three-wheel battery swapping technology, branded as ‘e-wheel’, in Sri Lanka.

November sees steep increase in tourist arrival rate

Sri Lanka tourism is witnessing an impressive performance in the fourth quarter of 2023 (4Q23), with tourist arrivals to the island nation increasing sharply in the first half of the month of November.

Terms of China debt deal shared with official creditors’ committee: CB Governor

Sri Lanka is expected to make further headway with regard to restructuring its foreign debt and securing the second tranche of the International Monetary Fund (IMF) loan, as the government has disclosed the terms of the US $ 4.2 billion debt deal with China Exim Bank to the country’s other creditors.

DCSL enters beer business with Heineken Lanka acquisition

Leading local spirits maker Distilleries Company of Sir Lanka PLC (DCSL) has entered into an agreement with Heineken International B.V. to acquire all its shares in Heineken Lanka Limited, for an undisclosed price.

Sri Lanka’s PR practitioners launch industry’s first professional association

Leading corporate and marketing communications professionals came together to formally launch the Public Relations Association of Sri Lanka (PRASL), beginning a new chapter in the progression of the practice of public relations as an industry in Sri Lanka.

Colombo Tea Auction’s 45th sale sees 5.43 Mnkgs under hammer

A total of 5.43 million kilogrammes came under the hammer at this week’s Colombo Tea Auction that was met with fair demand.

Sri Lanka’s largest automotive event kicks off in Colombo

Sri Lanka’s largest automotive event, Colombo Motor Show, kicked off in Colombo yesterday, bringing together global manufacturers, distributors, industry specialists, key buyers as well as the affluent motor enthusiasts all under one roof.

DCSL enters beer business with Heineken Lanka acquisition

Leading local spirits maker Distilleries Company of Sir Lanka PLC (DCSL) has entered into an agreement with Heineken International B.V. to acquire all its shares in Heineken Lanka Limited for an undisclosed price.

Facets Sri Lanka 2024 to showcase historic Masterpiece Pavilion

Facets Sri Lanka 2024, Asia’s premier gem and jewellery exhibition, a collaboration between the Sri Lanka Gem and Jewellery Association (SLGJA), National Jewellery Authority and Export Development Board, takes centre stage from January 6 to 8, 2024. Located at Atrium Lobby of Cinnamon Grand Hotel in Colombo, this event promises to be a celebration of Sri Lanka’s abundant gemstone and jewellery heritage, featuring several special pavilions. Among

Kahawatte Plantations’ Endane Special BOP 1 wins at Leafies Int’l Tea Academy Award

Kahawatte Plantations is proud to announce that its Endane Special BOP 1 tea has been Highly Commended at the renowned Leafies International Tea Academy Award 2023. The Leafies celebrates the world’s finest loose-leaf teas and brings primary tea producers’ exposure to a global tea-focused market. End

National Chamber to host HC designated to India

The National Chamber of Commerce of Sri Lanka, in association with the Foreign Affairs Ministry, will conduct an interactive sessi

Indian CEO Forum engages Dr. Shashi Tharoor

Awarded by the World Economic Forum as Global Leader of Tomorrow, Dr. Shashi Tharoor, who is a distinguished diplomat, author and former Under-Secretary-General of the United Nations, visited Sri Lanka early November 2023 and in a momentous occasion was hosted by the Indian CEO Forum (ICF). Dr. Tharoor participat

HIP moves marketing reach and footprint in Asia Pacific region

The Hambantota International Port (HIP) was the sole representative from South Asia at the recently held Second Port Development So

Sunshine Holdings appoints Aruni Goonetilleke as a Board Member

Sunshine Holdings PLC this week announced the appointment of Aruni Goonetilleke as the newest addition to its board of directors. With over 25 yea

EDB and TVEC launch National Competency Standard for electrical and electronics industry

The Sri Lanka Export Development Board (EDB), with the assistance of the Tertiary and Vocational Education Commission (TVEC), has developed and released the Production Associate – Manual Soldering (NVQ Level 4) National Competency Standard for the betterment of the electrical and electronics sector in Sri Lanka. In addition, the EDB

Singer expands portfolio; introduces Acer laptops

Singer Sri Lanka PLC, a trailblazer in the consumer durable industry in Sri Lanka, proudly announced its latest strategic move to f

Infomate reveals ambitious growth plans and introduces new world-class facility

In a remarkable testament to its global vision and unwavering commitment to providing top-tier services, Infomate, a pioneering leader in the BPM/shared services industry, recently had the grand opening of its new state-of-the-art office complex at Ori

E-Visible marks 12th anniversary

In a remarkable celebration of achievement and resilience, E-Visible proudly commemorates its 12th anniversary as a leading pioneer in the supply chain and IT BPO landscape. Since its inception

Good PR celebrates 4th anniversary

Good PR, a dynamic and forward-thinking Sri Lankan public relations (PR) agency, is celebrating its fourth anniversary havin

Emerging Media shines at SLIM SME Development Awards 2022

Emerging Media has been nominated and won the Gold award in the IT, Digital and Online Category of SME Developmen