Distinguished Corporate Leader Mr. Sujeewa Mudalige Awarded Honourary Doctorate at NSBM Convocation Week 2024

Distinguished Chartered Accountant and corporate leader, Mr. Sujeewa Mudalige, was awarded an Honorary Doctorate by the University of Plymouth, UK, during the NSBM Convocation Week 2024.

Oxford College of Business Honoured at CMA Excellence in Integrated Reporting Awards 2024

Oxford College of Business (OCB), Sri Lanka’s most decorated higher education provider, has achieved a monumental milestone at the prestigious CMA Excellence in Integrated Reporting Awards 2024. The institution’s 2023/24 Annual Report, titled “Transformation – Movements through Sustainability,” was awarded “Best Integrated Report – Small & Medium Enterprises (Higher Education)” and also recognized as one of the “Ten Best Integrated Reports” of th

Singer Sri Lanka Wins Retail Sector Award at Best Corporate Citizen Sustainability Awards 2024

Singer (Sri Lanka) PLC, a trailblazer in the retail sector, has once again been recognized for its steadfast dedication to sustainability, earning the Retail Sector Award at the Best Corporate Citizen Sustainability Awards 2024 for the second consecutive year. This accolade underscores Singer’s leadership in embedding Environmental, Social, and Governance (ESG) principles into its corporate strategy, cementing its position as a pioneer in sustain

Deed of Transfer Completed for Blue Ocean’s King Alfred Palace, Colombo 03

Blue Ocean Group, a prominent name in Sri Lanka’s real estate industry, announces the successful completion of the Deed of Transfer for its King Alfred Palace development. Located at No. 45, Alfred House Gardens, Colombo 03, this property seamlessly blends modern luxury with the prestige of one of Colombo’s most sought-after neighborhoods.

Siyapatha Finance expands nationwide reach with new Deniyaya branch opening

Siyapatha Finance PLC, a leading finance company in Sri Lanka and a fully owned subsidiary of Sampath Bank PLC, recently opened its 52nd branch at 310/2, Pallegama Road, Main Street, Deniyaya. With this latest branch, Siyapatha Finance continued its commitment to delivering best-in-class financial solutions to communities across the island. The official opening ceremony was graced by Siyapatha Finance PLC’s Managing Director, Mr. Ananda Senevirat

15th NAFLIA Conference 2024 by IASL Being Held Today, 3rd December 2024

The Insurance Association of Sri Lanka (IASL) is hosting the 15th National Forum for Life Insurance Advisors (NAFLIA) today, 3rd December 2024, at the Monarch Imperial, Sri Jayawardenepura Kotte.

Sinopec Strengthens Sri Lanka’s Energy Sector with the Co-launch of the Energy Talent Growth Program

Sinopec, a global leader in the energy sector, has marked another significant milestone in Sri Lanka with the co-launch of the Energy Talent Growth Program in Colombo and Beijing. This groundbreaking joint professional training initiative is designed to shape the future of Sri Lanka’s energy workforce, showcasing Sinopec’s commitment to integrating resources, global expertise, and shared values between the two nations.

Prof Mohan Munasinghe has major impact at Baku COP29 Climate Summit 2024

Mohan Munasinghe, recipient of the 2021 Blue Planet Prize, and co-winner of the 2007 Nobel Peace Prize as Vice Chair of the United Nations Intergovernmental Panel on Climate Change (IPCC), delivered 3 keynote speeches and gave several major media interviews on sustainability, balanced inclusive green growth (BIGG), digital technology, green power and low-C city development in a multipolar world.

Nutrition Sri Lanka programme launched by Akshata to combat malnutrition in Sri Lanka

Nutrition Sri Lanka – an ambitious programme to end malnutrition – was formally launched recently. It seeks to provide undernourished children and pregnant women with the nutrients essential through the consumption of fortified rice.

Cheers Garden at Havelock City Mall Brings Holiday Magic with a Spectacular Grand Opening

Havelock City Mall announced the opening of the Cheers Garden on 23rd November 2024, marking an exciting addition to Colombo’s dining and entertainment venues. This vibrant, outdoor alfresco dining venue on Level 1 welcomed guests with an evening of live music, delicious food, lush greenery and festive décor, setting the stage for a season of unforgettable moments.

DFL GLOBAL expands in Sri Lanka with the new branch office in Katunayake

It has officially opened its new branch office in Katunayake, marking a significant step in the company’s expansion within Sri Lanka.

Sri Lanka Insurance Life Comprehensive D+

In recognition of World Diabetes Day 2024, Sri Lanka Insurance Life highlights its innovative health insurance product tailored specifically for individuals with diabetes: Comprehensive D+.

Together for a Better Future: Alpha Industries and Partners Assist Visually Impaired Women with Essential Donations

In a significant step towards promoting inclusivity and support for visually impaired women, Alpha Industries - the manufacturing arm of the privately-owned FINCO Group, has made a contribution to the Sri Lanka Welfare Society of the Blind Women. In commemoration of International White Cane Day, celebrated annually on October 15th, Alpha Industries donated 300 white canes, aimed at improving the daily lives and mobility of visually impaired women

BMS Campus celebrates Silver Jubilee 25 years of Legacy in Higher Education

The journey of BMS Campus with a humble beginning has evolved into an institution of academic excellence, fostering innovation, creating and shaping the future of next generation leaders.

HUTCH Triumphs at SLIM DIGIS 2.4, Setting New Standards in the Digital Realm

As a leading telecom operator in Sri Lanka, HUTCH has once again taken the centre stage at the SLIM Digis 2.4 Awards, winning top honours in multiple categories for outstanding digital innovation.

Digibrush Dominates SLIM Digis Awards, Again!

Wins Grand Prix and 21 awards across categories, marking back-to-back top honors

Prima Triumphs at the National Supply Chain Excellence Awards for the 2nd Consecutive Year

Colombo, Sri Lanka, 29 October 2024: Ceylon Agro Industries (CAI) Limited (Prima Group Sri Lanka) was honoured with the National Award of Excellence for Best Supply Chain Practising Organisation, along with a Special Commendation Award in the Large Scale Commendation category, at the National Supply Chain Excellence Awards 2024.

EU’s Tariffs Cannot Stop the Development of Chinese EVs

A few days ago, the European Union conducted a final vote on whether to impose a five-year countervailing duty on electric vehicles imported from China.

Fono Technologies, Apple Authorized Reseller Launches 5G-Ready Apple iPhone 16 Series at Flagship Store

Fono Technologies introduced Apple’s iPhone 16 series at an event on 21 October 2024, reinforcing its commitment to bringing the latest devices to Sri Lanka.

Sri Lanka Insurance Corporation Appoints Nusith Kumaratunga as Chairman

Sri Lanka Insurance Corporation (SLIC) is pleased to announce the appointment of Mr. Nusith Kumaratunga as the new Chairman, with effect from 18th of October 2024. Mr. Kumaratunga assumed official duties on 22nd October 2024.

Havelock City: A Proven Investment in Real Estate and Wealth Generation

Havelock City, one of Sri Lanka’s most trusted and enduring real estate developments, offers investors the chance to turn real estate into real returns.

Siyapatha Finance PLC Extends Islandwide Reach to Matugama

AnchorSiyapatha Finance PLC recently opened its 51st branch in Matugama, advancing on its efforts to extend the company’s reach across the Island Nation. The latest branch offers Siyapatha’s customer-centric financial solutions to one of the primary semi-urban towns located within the Kalutara District.

Maldives expects 2 million tourist arrivals this year

Tourism Day Special Supplement issued by the Maldives tourism ministry has indicated that Maldives may surpass 2 million tourist arrivals by the end of 2024. On 27th June the Maldives marked arrival of 1 million tourists with a special celebration at the airport. By August the numbers climbed to 1.2 million as indicated on Tourism Day supplement. This brings 10.2% growth over the previous year and China holds the position of top market with 13.6%

Sana Turns Hot ’N’ Spicy

Prima KottuMee has announced the onboarding of rising teen artist Sana as one of its brand ambassadors. The young and talented artist brings a fresh and vibrant persona to the Prima KottuMee brand, perfectly aligning with its youthful ethos.

Global News Industry Launches ’Choose Truth’ Campaign Ahead of World News Day

23 September – Tuesday marks the launch of the global ’’Choose Truth’’ campaign, as part of the lead-up to World News Day on 28 September.

Election Fever: Munchee Kome initiates a Game of Predictions

As polling for the Sri Lankan presidential election closes, the nation is buzzing with anticipation. This crucial election, which will determine the country’s leadership for the next five years, has captivated the attention of millions. With 38 candidates contesting, the atmosphere has been electrifying, resembling the energy of a major cricket match. The entire country is on the edge of their seats as they wait to see who will emerge victorious.

IIA Sri Lanka 9th National Conference

The IIA 9th National Conference 2024, was held on 11th September at Marino Beach Hotel. This event gathered auditors, risk management professionals, and industry leaders to explore the latest trends, challenges, and best practices in internal auditing. This year’s theme, ’’Embracing Trends, Enhancing Value’’ resonated deeply with attendees.

China is becoming a safe haven for many German companies

On 2 September, Volkswagen Group issued a statement saying that the company was considering closing one of its car manufacturing plants and one of its parts plants in Germany for the first time and terminating an employment protection agreement that had been in place since 1994 in order to further cut expenses. It is reported that this is the first time Volkswagen has made the consideration of closing its local plant since its establishment in 19

Centrum Marine Consultancy and Döhle (IOM) Limited Announce Strategic Partnership to Boost Sri Lanka’s Maritime Industry

Centrum Marine Consultancy, the rising leader in Marine HR solutions in Sri Lanka, has announced a strategic partnership with Döhle (IOM) Limited, a renowned global maritime services provider and part of the Döhle Group. This collaboration has resulted in the formation of a joint venture, Doehle Marine Lanka Pvt Ltd, with the goal of significantly increasing employment opportunities for Sri Lankan seafarers in the global maritime industry.

Pioneering Manifesto Matching Initiative has been launched in Sri Lanka

For the first time in Sri Lanka, the public have access to a digital tool, to easily compare and evaluate the manifesto promises of the three major presidential candidates – in English, Sinhala and Tamil.