Setting a new benchmark for sustainability in Sri Lanka’s burgeoning construction industry, leading property developer John Keells Properties (JKP) partnered AGC Innovate (Pvt.) Ltd to incorporate plastic modified asphalt concrete (PMAC) paving into its construction projects, including Crescat Boulevard and Cinnamon Life.
Fitch Ratings this week assigned Home Lands Skyline (Pvt.) Limited (HLSL) with a first time rating of ‘A’. with a Stable outlook. considering the improving cash collections in the next two years from the contracted sales of its houses but said downside risks remain from the challenging macroeconomic climate, which could dampen the timely cash collection and project completion.
At present, there is a severe cement shortage in the country. Other than the cement shortage, the prices of building iron, aluminum, PVC pipes, wiring material, roofing material, tiles, bathroom fittings, door locks, sand, gravel and all other material relevant to the construction industry are increasing inordinately. As a result of this, the growth rate of Sri Lankan construction industry is decreasing.
The Innovation and Technology Committee of The Sri Lanka Institute of Directors (SLID) organized a timely webinar titled ‘Cyber security: What Company Boards Should Know’ for its members recently to enhance their knowledge on cyber security, a threat that is targeting businesses in an increasingly online world.
Understanding the urgency to support Sri Lanka’s transformation into a smart economy and drive inclusive growth, Sysco LABS Sri Lanka, the captive innovation centre for Sysco Corporation, the global leader in food service, is powering ‘Spectrum 2022’, organized by the Economic Times of India.
The Regulatory Board of Rwanda Utilities Regulatory Authority (RURA) has approved the 5-year strategic plan that was researched and formulated in consultation with MTI Consulting. The Strategic Plan was based on MTI’s 8S Model.
Standard Chartered has entered into a two-year partnership with SOS Children’s Villages Sri Lanka upon identifying the urgent need to re skill the youth of the country, especially amidst the challenges posed by the ongoing global pandemic.
Spa Ceylon Ayurveda Wellness commenced their strategic entry to the highly lucrative wellness and beauty markets in the Gulf Cooperation Council (GCC) region by opening its first outlet at the Mall of Arabia in Jeddah, Kingdom of Saudi Arabia (KSA).
Popular brand Astra has introduced a new addition to its portfolio, ‘Astra Acti√’, a fat spread fortified with vitamin A, D, B6, B9, B12, and omega 3 and 6 to support the normal function of the immune system and support the growth and development of children.
To bring another eventful night filled with timeless classics and contemporary music, while supporting the revival of the Entertainment industry gravely affected by the pandemic, Dialog Axiata PLC, Sri Lanka’s premier connectivity provider powered ‘Dream Music Fest’ for the second year.
Achieving a milestone in its natural regeneration project to restore the Anawilundawa Ramsar Sanctuary, in collaboration with the Wildlife & Nature Protection Society (WNPS), Hemas Consumer Brands commemorated the World Wetlands Day on February 2nd with the momentous first transplanting of plants from the nursery to the wetland.
SLT-Mobitel has embarked on a nationwide tree planting campaign to enhance air quality and slow the impact of climate change, demonstrating its strong commitment towards building a sustainable future.
Bringing clean water and lasting hope to three schools in Oddusuddan in the Mullaitivu District, Central Industries recently initiated a pure drinking water project, with the assistance of Sri Lanka Army 64th Division that was handed over officially to the schools, assuring year-round access to clean drinking water.
Winning over the hearts of local consumers since the early 90’s, Teepol promises high quality products with safety manufacturing. As the pioneer in the market for dishwash liquid Teepol has relaunched their improved range of products to the market.
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
Political controversy erupts over exam questions on NPP
Selfies from trains ends in disaster