Marking a significant milestone in its expansion strategy, Sri Lanka’s pioneering and largest poultry producer Bairaha Farms PLC officially launched Bairaha Chicken Café, an exclusive restaurant at No.26, Beach Plaza, Port City, Colomb

MullenLowe Sri Lanka, one of Sri Lanka’s game-changing brand communication companies, has appointed top professionals from Sri Lanka and overseas to its directorate to transform and lead the company into the future. On board are D

Aitken Spence was recognised among the Top 10 Most Admired Companies of Sri Lanka, organised by AICPA & CIMA and International Chamber of Commerce Sri Lanka. The top 10 included the most elite corporates in Sri Lanka. The gala event was attended by

Glomark, a leading supermarket chain, has introduced its latest initiative GLO-E, a web AR-based digital assistant that aims to educate customers on choosing the ideal fresh produce. In line with the global issue of food wastage, GLO-E is a unique s

Homelands Group of Companies is marking a remarkable 20-year journey with an exciting property show and investor forum scheduled for September 9, 2023, at Shangri-La Hotel, Colombo. As the first independent property developer in Sri Lanka to host su

Ceylon Energy, a strategic alliance of St Theresa Industries, announced the commencement of its first tower erection under the Supporting Electricity Supply Reliability Improvement Project (SESRIP – P4), cementing a 33kV double circuit tower line f

Swisstek Aluminium, a leading player in Sri Lanka’s aluminium industry, has recently been awarded the Greenhouse Gas (GHG) Verification, further affirming its unwavering commitment to sustainability and environmental responsibility. This prestigio

Orel Corporation, a leading name in electrical manufacturing, has partnered with the innovative minds at John Keells Research (JKR), the R&D and innovation arm of the John Keells group, to pioneer a groundbreaking range of antibacterial switches and

A robust effort with policy level and systematic changes is vital to envisioning a positive outlook for Sri Lanka’s real estate sector post crisis. To avoid a potential housing shortage, understanding the current state of the country’s realty sec

Melstacorp PLC yesterday announced the appointment of Cedric Royle Jansz as the company’s Deputy Chairman, with effect from September 5, 2023. Prior to this appointment, Jansz was functioning as an Executive Director of the company. Jansz is a Dire

In a significant move towards ensuring the safety and wellbeing of Sri Lankan migrant workers and enhancing the country’s economic prosperity, the government has developed a comprehensive National Foreign Employment Policy. The policy has been sub

Hong Kong-based airline Cathay Pacific will resume its flights to and from Colombo, beginning February 2, 2024, after a hiatus of four years. The airline is returning with its Airbus A330 aircraft, offering three flights a week operating from Colombo

WindForce PLC has officially begun the work on the 10MW Kebitigollewa solar power project, with the signing of the Power Purchase Agreement with the Ceylon Electricity Board (CEB). The signing event was attended by key stakeholders, including CEB C

AFP: Climate change is driving more intense and more frequent heatwaves, which in turn generate a “witch’s brew” of pollutants, threatening the health of humans and all living things, the UN warned yesterday. The wildfire smoke that recently su

The port trade unions yesterday staged a protest in Colombo against the government’s plan to reduce the interest rate paid to the Employees’ Provident Fund members’ contributions, under the Domestic Dept Optimisation (DDO) plan. Additionally, t

Mastercard and the Colombo Port City Economic Commission (CPCEC) have announced the signing of a memorandum of understanding (MoU) to collaborate by leveraging Mastercard’s City Possible platform for the development of Port City Colombo as a world-

The Federation of Information Technology Sri Lanka (FITIS) is gearing up to host the highly anticipated API Asia Conference 2023 for the second time, set to take place on November 16, at Shangri-La Hotel in Colombo. The event’s official launch too

Air Arabia Abu Dhabi has announced a new route connecting Abu Dhabi to Colombo. With operations beginning on January 3, 2024, the low-cost....

People’s Leasing & Finance PLC yesterday said the stipulated timelines for the completion of the transaction to acquire 33 percent of First Capital Holdings PLC held by Janashakthi Limited....

Jetwing Hotels Ltd., the management company of the iconic collection of Sri Lankan hotels and villas, has announced changes to its leadership team effective from September 1, 2023. Shiromal Cooray...

Sri Lanka should stop associating the word ‘State’ with public enterprises, as it provides the incentive for these institutions to underperform and remain in a comfort zone, stated Dag Detter, a prominent....

Sri Lanka is seeking foreign investors to implement an electric bus pilot project in Colombo. Transport, Highways and Mass Media Minister Bandula Gunawardana on Monday said the project....

OpenAI Chief Executive Sam Altman has been granted Indonesia’s first golden visa, officials said, as Southeast Asia’s biggest economy looks to attract wealthy foreign investors. The co-founder....

The number of migrants lodging asylum applications in the EU has jumped 28 percent in the first half of this year compared to the same period last year, official figures released yesterday...

Indices closed in green as a result of price gains in counters such as Hatton National Bank, Commercial Bank and John Keells Holdings with the turnover crossing Rs. 2.7 bn. High net worth...

With the introduction of Aswesuma as a brand-new initiative targeting the poor and vulnerable, social protection in Sri Lanka has been a much-debated subject lately. Aswesuma primarily....

The Sri Lanka-Singapore Business Council (SLSBC) of the Ceylon Chamber of Commerce led a multi-sectoral 19-member delegation to Singapore, showcasing Sri Lanka’s burgeoning tech talent and growing....

The Chinafort Gem and Jewellery Traders Association (CGJTA) this week unveiled Gem Sri Lanka (GSL) at a press conference at Shangri-La, Colombo, marking the launch of a world-class inaugural trade exhibition....

The Ceylon Chamber of Commerce and Sri Lanka Retail Association (SLRA) signed a memorandum of understanding to collaborate on organising Sri Lanka Retail Forum 2023, on October 19, at Cinnamon....

The much-awaited Global CEO Forum 2023 is set to take place on September 21, at Hotel Galadari in Colombo. This event serves as a pivotal platform....