Union Assurance Circle of Excellence Relaunches with Bigger & Better Rewards

Union Assurance Circle of Excellence, the most exclusive Bancassurance rewards scheme in the Sri Lankan Insurance industry,

Union Assurance Makes History with Record-breaking 300 MDRT Qualifiers!

Union Assurance PLC, the fastest growing Life Insurer in Sri Lanka, announced the historic achievement of producing the highest number of qualifiers in the Million Dollar Round Table (MDRT) in the history of the Life Insurance industry in Sri Lanka.

Successful Venture Engine Finale kick-starts local start-up sector

Venture Engine has spotlighted the resurgence of the start-up sector with its successfully concluded Finale, which was held on February 23, 2022.

Meta partners with NYSC to boost economic growth in SL

Meta, formerly known as Facebook, has partnered with Sri Lanka’s National Youth Services Council (NYSC) to launch an entrepreneurship programme boosting economic growth for the country.

Samson Rajarata tiles now available at Lanka Tiles

Lanka Tiles PLC announced that the specialised clay tiles from Samson Rajarata Tiles (Pvt) Ltd will now be made available to customers through its network.

Overseas Realty FY21 boosted by higher apartment sales

Overseas Realty (Ceylon) PLC recorded a steady growth in revenue and profitability, primarily driven by the Havelock City residential sales.

Prime Lands to position new properties with easy highway access

Capitalising on the improved connectivity brought about by the ongoing development of the road networks across the country, Prime Lands said it will position new properties with easy highway access.

Anuradhapura North Water Supply Project nears completion

Access Engineering PLC (AEL), Sri Lanka’s foremost civil engineering enterprise is nearing completion of the Anuradhapura North Water Supply Project (ANWSP) - phase I, eyeing the end of March 2022 for completion.

NDB maintains resilience and records sound returns to all stakeholders

National Development Bank PLC - Sri Lanka’s fourth largest listed bank and most awarded corporate posted sound all-round performance for 2021, notwithstanding the multiple challenges that marked the year

CCC hosts agri-based international buyer-seller meet

Over 100 companies across seven countries participated in an international buyer-seller meet focused on facilitating international trade and co-operation in specialised agricultural inputs, held on February 10th.

ComBank supports traditional rice producers in Kokkadichcholai

Farmers in Kokkadichcholai, Batticaloa have received financial and technical support and equipment to facilitate their traditional trade of rice production, as the latest beneficiaries of Commercial Bank of Ceylon’s Dirishakthi Value Chain Development Programme.

CBL’s farmer network goes digital with ‘Smart Agro’ app

CBL’s Smart Agro digital app was launched this week, marking a milestone in CBL’s strategy to strengthen its vertically integrated agriculture supply chain againstfuture risk through digitization and technology.

ComBank and Ansen partner on leasing promo for Powertrac tractors

The Commercial Bank of Ceylon has partnered with Ansen Agriculture(Pvt) Ltd. to offer special leasing packages, flexible payment plans, and other attractive benefits to customers who purchase selected models of ‘Powertrac’ tractors.

Solidaridad launches research-based publication to expose myths about oil palm cultivation

A publication titled ‘Myths and Truths of Oil Palm’ was recently launched by Solidaridad Network Asia Limited, a civil society organisation facilitating the development of socially responsible, ecologically sound and profitable supply chains. The event witnessed the presence of experts in the oil palm industry representing over 19 countries.

Dipped Products ‘Firstlight’ initiative creates prosperity for Kegalle rubber farmers

Dipped Products PLC (DPL), international gloves exporter and part of the Hayleys Group, has expanded its smallholder network to Kegalle with over 1100 new farmers now connected to its DPL Firstlight farmer empowerment initiative.

Laugfs Lubricants with NTC provides relief to private bus owners

Laugfs Lubricants, Sri Lanka’s only home-grown lubricant brand, is now serving the Sri Lankan private bus owners.

‘Digitalisation of National Transit System’ white paper presented to Transport Minister

The Pathfinder Foundation together with its strategic partner Visas International presented a white paper on ‘Digitalisation of the National Transit System’ to Transport Minister Pavithra Wanniarachchi, at the Transport Ministry.

Billionaire Soros buys stake in EV start-up

Billionaire investor George Soros bought nearly 20 million shares of electric truck start-up Rivian Automotive Inc (RIVN.O) in the quarter ended on December 31, securities filings showed Friday.

3M-MLL achieves record-breaking year in 2021

McLarens Group, the master distributor of 3M in Sri Lana, which provides world-class automotive, industrial and construction products, achieved a record-breaking year in 2021, despite the many challenges presented by the global pandemic.

Great Place To Work places Oki Doki among Best Workplaces in SL

Sri Lanka’s most innovative transport services management provider Oki Doki (Pvt.) Ltd, a subsidiary of Expolanka Holdings PLC, recently secured a rank in the Great Place to Work 2022 list.

DSI Tyres shines at SLIM Awards 2021

DSI Tyres, the No.1 award-winning tyre brand in Sri Lanka, has marked a historical win against companies from a wide range of industries and fields by winning the Local Brand of the Year 2021 Silver award and Product Brand of the Year 2021 Bronze award, at the SLIM Brand Excellence award ceremony.

Ideal Group’s Industry 2022 exhibition stall generates strong public interest

The Industry 2022 exhibition stall of Ideal Group, Sri Lanka’s premier organisation with core business interests in motor franchise imports and motor spare parts, generated strong public interest drawing large crowds.

‘Puritas Sathdiyawara’ empowers adopted villages for 7 continuous years

Hayleys Group continues to provide vital support towards education to its adopted villages with the ‘Puritas Sathdiyawara Going Beyond’ project being implemented for the seventh consecutive year.

CDB’s support for National Pandemic Response crosses Rs. 50 mn

Citizens Development Business Finance PLC (CDB) has surpassed Rs. 50 million in its National Pandemic Response effort which included contributions to the national healthcare system and support of communities impacted during the lockdown.

SriLankan Airlines’ Upcycle Project donates repurposed wheelchairs

The Environment Unit of national carrier SriLankan Airlines concluded another subproject under its master Upcycle Project by donating repurposed wheelchairs to the residents of the Sarana Buddhist Foundation’s home for the elderly recently.

Norlanka awarded ISO 14064:1 certification by SLCF

Norlanka, one of Sri Lanka’s largest sustainable exporters of baby and kidswear, was awarded the ISO 14064:1 certification by the Sri Lanka Climate Fund (SLCF) recently.

Global Lifestyle Lanka strengthens commitment to tackle single use plastic issue

As more and more organizations express their commitment to minimizing the usage of single use plastic, Sri Lanka’s leading direct selling company, Global Lifestyle Lanka acknowledged that a firm committed towards not using single use plastic throughout their operations is a vital one to follow and adhere to.

Lanka Sportreizen’s Clubhouse brings water sports to Colombo

Colombo has its very own sports centre that offers a range of sea-borne experiences with Lanka Sportreizen (LSR) having launched ‘Clubhouse’ at the Port City.

Pegasus Wedding Show 2022 kicks off today

Pegasus Reef Hotel kicks off today the wedding event of the year, the ‘Pegasus Wedding Show’.

Samsung’s latest Galaxy Tab A8 now in Sri Lanka

Samsung Sri Lanka announced the release of its new Galaxy Tab A8, the most streamlined and powerful Tab A Series device yet.