Virtusa Corporation, a global provider of digital strategy, digital engineering and IT services and solutions, became the first billion-dollar tech multinational to stand in solidarity with Sri Lanka during the current crisis, with its senior-most leadership team visiting the island recently.
In a mission to provide emergency relief to the most vulnerable communities across the country impacted by the ongoing economic crisis, Sunshine Holdings PLC pledged their support to the ‘Manudam Mehewara’ humanitarian programme initiated by Dialog Axiata PLC, MAS Holdings, Hemas Holdings PLC, CBL Group, Citi, Sarvodaya Shramadana Movement, and PwC Sri Lanka.
According to the latest statistics, the tea production for the first four-month period up to end-April 2022 was 86 million/kgs, which is approximately a drop of 18 percent compared to the corresponding period of last year and the drought during the period and the shortage of fertiliser may be the main factors for the drop in production.
Envisioning Sri Lanka as a global destination for sourcing safe and value-added herbs and spices, Ceylon Spice Company (CSC) now extends its services in providing local exporters advanced milling, sterilisation and packing facilities under one roof.
With the view of ensuring consumers continue to enjoy its favourite chicken brand, New Anthoney’s Farms (Private) Ltd, a name synonymous with the domestic poultry sector, recently reaffirmed its position to provide adequate and uninterrupted supply of its meat range amidst feed shortages and the growing challenges facing Sri Lanka’s economy. The poultry industry speculates production to contract by one-fifth this year, primarily due to the surgin
To soften the impact of the ongoing economic crisis, the company has announced initiatives that will help create new earning opportunities and provide a cushion to courier partners. This includes the launch of cycles on the platform for food and grocery delivery and distributing ration kits among its courier partners.
Students at a primary school in the Moneragala District have moved from a makeshift shelter with a thatched roof to a new purpose-built classroom donated by Ceylinco Life under a long-running community initiative which has benefitted more than 80 schools to-date.
The Commercial Bank of Ceylon recently donated fully-equipped IT labs to four more schools under its flagship community initiative, benefitting another 7,600 students with the facilities to engage in practical lessons in ICT.
Dialog Axiata PLC, Ideamart and Innovation Foundry, in collaboration with Google Developer Group Sri Lanka, recently hosted the highly anticipated tech event Google I/O Extended Sri Lanka 2022, in the Metaverse for the first time in South Asia, as a part of the global Google I/O 2022 event.
My Business International (www.mybusinessinternational.com), a comprehensive web portal that provides a much-needed platform for businesses in Sri Lankatoconnect with foreign markets has officially been unveiled recently.
Access Engineering PLC (AEL), Sri Lanka’s premier construction enterprise, has completed over 50 percent of construction of the Stadiumgama Housing Project located at No. 475/1, Sirimawo Bandaranayake Mawatha, Colombo 14.
Alumex, Sri Lanka’s leading fully-integrated aluminium profiles manufacturer and member of the Hayleys group, recently expanded its network of home-grown aluminium fabricators to over 15,000, with the addition of 2,000 Lumin experts.
Nevil Industries (Pvt.) Ltd, one of Sri Lanka’s leading companies in the field of innovative steel machine manufacturing, was felicitated with the Bronze award in the steel, finishing and allied products category, at the 2022 National Industrial Excellence Awards Ceremony, the premier event to recognise excellence in business in Sri Lanka.
Fonterra to proceed with sale process for Consumer businesses
BOI signs US$ 12.16mn deal with Celogen Lanka
Nissan to lay off thousands of workers as sales drop
EU Ambassador meets new BOI Chief to discuss economic ties
SLCERT warns WhatsApp users against sharing OTPs to prevent hacking
A clean sweep for NPP
Thai woman smuggling Kush on election night stopped at BIA
NPP’s attractive policies weaned people away from other parties: SJB