Cloud Innovation Unleash, an event hosted by DMS Software Technologies (Pvt.) Ltd together with Oracle Corporation, successfully took place recently at Spice Room, Shangri-La, Colombo

Virtusa Sri Lanka was recognised as one of the Best Workplaces in the IT and ITES industry in Sri Lanka by Great Place to Work, a strong confirmation of the company’s acclaimed work culture, which has remained key in retaining top Sri Lank

MediaDefined (Pvt.) Ltd, a prominent player in the ICT solutions industry in Sri Lanka, has earned the prestigious title of Best ICT Company of the Year 2023 (SME) at the Commonwealth Business Excellence Awards. The ceremony too

SLT-MOBITEL, the national ICT solutions provider, received the prestigious honour of being recognised under the category of Best Innovation & Future Techco for the catalyst project: ‘The Metaverse Experience: Re-inventing Telco Business - Pha

Sri Lanka’s tea production for the month of July 2023 totalled 21.37 MnKgs, showing a 7.2 percent Year-on-Year (YoY) increase

President Ranil Wickremesinghe this week highlighted the need for Sri Lanka to immediately explore avenues to diversify its range of tea products to align with the emerging global trends.

AFP: Soaring vegetable prices after a bad harvest have prompted Burger King’s Indian outlets to take tomatoes off their menu items, following in the footsteps of other fast food giants. “Even toma

BBC: Singapore police have seized about S$1 billion (US$ 735m) including luxury homes, cars and watches - in one of its biggest anti-money laundering probes. Gold bars, designer handbags, wine and S$ 23 million in cash were among the items seized in

Prime Minister Dinesh Gunawardena who is currently in Kunming, China, has called for joint efforts by Sri Lanka and China to promote tourism between the two countries.

A consortium led by renewable energy player WindForce PLC is set to undertake Sri Lanka’s largest private sector renewable energy project.

European Union (EU) Ambassador to Sri Lanka Denis Chaibi this week emphasised the urgent need for Sri Lanka to expedite its efforts in enhancing global integration, as the country could significantly lag behind its regional peers, if it were to lose

The Sri Lanka – France Business Council of The Ceylon Chamber of Commerce recently conducted its 19th Annual General Meeting, followed by a reception hosted by the Ambassador of France Jean-François Pactet. Speaking at the AGM, Ambassador Pactet p

The Professional Women’s Chapter of the Institute of Chartered Professional Managers (CPM Sri Lanka) recently launched a transformative initiative to provide a career-empowering platform for its members, students, and prospective membership candida

COYLE, the Chamber of Young Lankan Entrepreneurs, during a Special Forum in July this year, brought together prominent figures and stakeholders to discuss ways to strengthen trade relations between Sri Lanka and Egypt. Amongst the esteemed gathering

JAT Holdings PLC recently hosted the JAT Retail Partners Night 2023, at Monarch Imperial, Kotte. This event, which also coincided with JAT’s 30th anniversary, brought together over 450 distributors and retail partners from across the island, honour

In a market where quality is compromised to maintain competitive prices, Supermet Building Solutions Limited over the last two decades has ensured that quality is maintained at the highest-level serving Sri Lankan customers with the finest zinc alumi

Pidilite Lanka Private Limited a joint venture between Pidilite Industries and Sri Lanka’s Macbertan Holdings Ltd, a part of McLarens Group, announced the appointment of Roshan Mahanama as the brand ambassador for ‘Dr. Fixit’, a globally renown

Royal Nursing Home Private Limited, Sri Lanka’s largest and leading home nursing services company, founded more than 15 years ago in 2007, recently opened its third elderly care home at Mount Lavinia. The Palm Beach four-star hotel, which is locat

Minoli Wickramasinghe, Managing Director of Capital Trust Properties (Pvt) Ltd (CTP), has been honoured with the ‘Top50 Professional & Career Women Global Award’ in the Real Estate and Construction Sector. She received her award at the Global Awa

Hayleys Fentons, leading security and surveillance, solar EPC and MEP contractor was honoured with the Merit Award in the Construction Category at the National Awards for Construction 20/21. Organised by the Construction Industry Development Authori

Marina Square - Uptown Colombo, Sri Lanka’s first and largest harbour-front mixed development, celebrated a significant milestone by topping off Tower Cove, the fourth of the project’s five towers to be completed structurally. This also marks th

President Ranil Wickremesinghe this week highlighted the need for Sri Lanka to immediately explore avenues to diversify its range of tea products to align with the emerging global trends. Calling for renewed thinking to ensure the sustenance and g

The tea exports in July increased on a month-on-month (MoM) basis to 22.77 million kilogrammes (MnKgs), while on a year-on-year (YoY) comparison, exports remained unchanged at 22.76 MnKgs, the provisional data from the Sri Lanka Tea Board showed. A b

First Capital Holdings PLC reported an outstanding financial performance for the first quarter ended on June 30, 2023, as the group’s post-tax profit surged to Rs.2.81 billion, marking a remarkable leap from Rs.96 million recorded in the same perio

Fitch Ratings yesterday said it was withdrawing the final rating assigned on a Basel-III-compliant debenture issue up to Rs.6 billion by National Development Bank PLC (NDB), as the debenture has been cancelled. “Fitch Ratings has withdrawn the fina

CNN: Spending at US retailers rose in July at a much faster pace than in the prior month, a combination of both strong demand among American consumers and higher prices because of elevated inflation. It was also the fourth straight month that retail

REUTERS: The Dutch economy has entered a recession as it shrank 0.3 percent on a quarterly basis in the second quarter, a first estimate published by Statistics Netherlands yesterday showed. The euro zone’s fifth largest economy shrank for the sec

Prime Minister Dinesh Gunawardena, who is currently in Kunming, China, has called for joint efforts by Sri Lanka and China to promote tourism between the two countries. “Chinese tourist arrivals have been one of the key strengths of the Sri Lankan

Despite the recent improvements observed in the macroeconomy, Sri Lanka’s manufacturing activity has not yet shown signs of recovery, whereas the services sector continues to exhibit growth.