Sri Lanka Tourism introduces e-learning platform for all SLTDA-registered tourist guides

As an initiative to uplift the reviving tourism industry in the country, the Sri Lanka Tourism Development Authority (SLTDA) in collaboration with the Sri Lanka Institute of Tourism and Hotel Management (SLITHM) has introduced the continuous professional development (CPD) e-learning platform to all registered guides to enhance their knowledge and skills.

IPS announces Policy Pitch Competition for University Undergraduates 2021

The Institute of Policy Studies of Sri Lanka (IPS) has announced the inaugural Policy Pitch Competition for University Undergraduates, aimed at encouraging youth to present practical solutions to the contemporary problems in Sri Lanka.

ICCSL moves to new premises

The International Chamber of Commerce Sri Lanka (ICCSL) moved into its own premises at Suncity Building, Colombo 3.

Sri Lanka@100 hosts virtual networking event for mid-market companies

Sri Lanka@100 (SL@100) recently hosted its first virtual networking event to strengthen cross-sell, partnership opportunities, and knowledge-sharing among mid-market companies, supported by the platform.

CMA Excellence in Integrated Reporting Awards 2021 applications now open

CMA Sri Lanka is organising CMA Excellence in Integrated Reporting Awards 2021, for the seventh consecutive year.

CSE extends regional awareness drive to Jaffna

The Colombo Stock Exchange (CSE) successfully concluded yet another virtual forum organised as part of an awareness drive for islandwide small and medium enterprises (SME).

Flights carrying vaccinated passengers allowed operating in full capacity

The Civil Aviation Authority of Sri Lanka (CAA) yesterday gave clearance for incoming flights to operate in full capacity provided the passengers are fully vaccinated and are arriving via a bio bubble.

JKH records steady performance for 1Q

Sri Lanka’s premier blue chip John Keells Holdings PLC (JKH) recorded a steady performance for the June 2021 quarter (2Q22), as the impacts of the COVID-19-induced travel restrictions during the quarter were less pronounced on the group’s business compared to the previous year. For the quarter under review, JKH recorded earnings of Rs.1.16 a share or Rs.1.5 billion, on a revenue of Rs.38.8 billion, compared to a

IMF warns of elevated prices in emerging and developing countries to stay through 2022

International Monetary Fund (IMF) Chief Economist Gita Gopinath this week warned that the emerging and developing markets would see continuously elevated prices into next year, stoked by the persistently higher food prices and weaker domestic currencies.

CEB engineers caution against govt.’s renewable energy plan

The Ceylon Electricity Board Engineers’ Union (CEBEU) claims that the government’s aggressive target to generate 70 percent of the electricity required through renewable energy by 2030 is unfeasible, as it needs US $ 3-4 billion investment in upgrading the country’s existing electricity network over the coming years.

Petition filed challenging proposed ground-mounted solar power project

The Electricity and Renewable Energy Consumers Association yesterday filed a Fundamental Rights petition in the Supreme Court, seeking an Interim Order staying the proposed ground-mounted solar power project.

EDB and TVEC formulate training plan for electrical and electronics industry

The Sri Lanka Export Development Board (EDB) announced yesterday the formulation of a Vocational Education Training Plan (VET Plan) for the electrical and electronics sector (EEC sector), to pave the way for further development in the country’s electrical and electronics industry.

NDB 2Q profit soars on higher loans, improved margins

Opening the banking sector earnings for the June quarter (2Q21), National Development Bank PLC (NDB) reported some stellar financials on robust growth in loans amid improving margins.

Automobile component manufacturing industry steams ahead with state backing

The local automobile component manufacturers have granted over 5,000 new employment appointments in the Western province over the past few months, according to Sri Lanka Automobile Component Manufacturers’ Association (SLACMA) President Dimantha Jayawardena.

MillionSpaces and BMICH in strategic partnership

Positioned as Sri Lanka’s pioneering and only platform offering on-demand venue solutions, MillionSpaces recently signed a strategic partnership with the BMICH to enable users to book spaces such as function rooms, conference halls, meeting rooms, photoshoot locations and office spaces at BMICH with a tap of a button on the MillionSpaces website.

MAGA undertakes design and construction of two key flyovers in Colombo 02

Maga Engineering has begun construction of two new flyovers in Slave Island (Colombo 02), along Justice Akbar Mawatha and Uttarananda Mawatha.

Prime Group inspires outstanding sales with first ever virtual property launch

Sri Lanka’s largest property developer Prime Group recently concluded Sri Lanka’s first virtual property launch with massive success.

Oceanfront Condominiums reaches completion; Commences handing over

Oceanfront Condominiums Galle by International Construction Consortium PVT Ltd (ICC) has successfully reached completion, despite the challenges arising from the ongoing pandemic situation that slowed down all economic activities.

ComBank ranked as Strongest Bank Brand in Sri Lanka once again

The Commercial Bank of Ceylon has once again been recognised as the ‘Strongest Bank Brand’ in the country in 2021 by Brand Finance, one of the world’s leading independent brand valuation consultancies.

DFCC Bank pioneers launch of 24-hour online ‘DFCC Leasing Flash Promo’

DFCC Bank has come forward with the ‘DFCC Leasing Flash Promo’, a 24-hour online leasing promotion which offers 0.5 percent interest rate reduction on existing leasing rates.

Sithumina Jayasundara elected SLII President

Sithumina Jayasundara, Chief Operating Officer of HNB General Insurance Limited has been elected as the 19th President of the Sri Lanka Insurance Institute (SLII).

HNB powers real-time online payments to IRD with LankaClear

Sri Lanka’s most digitally-innovative private sector bank HNB PLC, joined hands with LankaClear (Pvt) Ltd. to pioneer the real-time online direct payment facility to the Inland Revenue Department (IRD) through its corporate payment solutions platform PAYFAST.

NDB Wealth’s Income Fund paves way for new investment opportunities

NDB Wealth, the expert wealth and financial planner has always provided investors with solid and sensible investment plans to help enhance their financial growth.

Sampath Bank introduces helpline for Business Startup Advisory Services

Sampath Bank PLC announced the launch of a helpline for Business Start-up Advisory Services under its flagship entrepreneurship development programme, ‘Sampath Saviya,’recently.

NDB relocates Narahenpita branch for customer convenience

NDB recently relocated its Narahenpita branch to a more conveniently accessible location in Kirula Road, Narahenpita to provide a better service experience to the bank’s clientele in the area, open from Monday to Friday 9.00 a.m. to 3.00 p.m.

Seylan Bank honours sales force for steering the brand

Seylan Bank acknowledged its top-performing sales executives at the Annual Sales Awards 2020.

EDB and TVEC formulate training plan for electrical and electronics industry

The Sri Lanka Export Development Board (EDB) announced today the formulation of a Vocational Education Training Plan (VET Plan) for the Electrical and Electronics sector (EEC sector) to pave the way for further development in the country’s electrical and electronics industry.

99x listed as a Best Workplace in Asia and Sri Lanka once again

In a period fraught with uncertainty, technology company 99x’s ability to continue ‘business as usual’ and be a supportive life partner to its people saw it being listed as a Best Workplace in Sri Lanka for the ninth consecutive year and in Asia for a fifth year, ranking at #17 out of 100 small and medium-scale companies in Asia.

Airtel launches 4G in Sri Lanka; liberates customers from ‘reload trap’

Airtel Sri Lanka, a subsidiary of Indian multinational telecommunications company Bharti Airtel, has stepped up efforts to narrow the gap between the prepaid and postpaid packages in the country by launching ‘Freedom Packs’ along with the launch of its 4G services.

Local start-ups Niftron and Magicbit to represent Sri Lanka at EWC Global Finals

Sri Lanka’s Niftron and Magicbit have won the ‘Early Stage’ and ‘Growth Stage’ National winner status respectively, at the Sri Lankan National finals for Entrepreneurship World Cup (EWC) 2021.