The 99x Group has emerged as a leading force in the global tech landscape, with seven companies from Norway, Malaysia, Sri Lanka, Brazil, and Portugal uniting to strengthen its position in product engineering services, IT consulting, and web solutions.
Approval has been granted to award the contract to M/s. OQ Trading Limited for the supply of Liquefied Petroleum Gas (LPG) to Litro Gas, Sri Lanka for the year 2025, Cabinet spokesman and Minister Vijitha Herath said. Addressing the media at the weekly meeting to announce Cabinet decisions, he said that tenders had been invited under the single-stage, double-lot system, following the international competitive bidding process for the supply of LPG
At the Rs. 145.0bn weekly T-Bill auction held yesterday, the CBSL fully subscribed to the entire offered amount. The 3M T-Bill received the highest demand, leading to an oversubscription, while CBSL accepted Rs. 53.2bn of 6M T-Bill. In contrast, the 1Y T-Bill saw minimal interest, with only Rs. 2.7bn accepted.
Kicking off the banking sector earnings for the September quarter, Pan Asia Bank PLC showed that they can now afford to set aside only a little for possible loan losses as the rates ease and the economy improves, gradually enhancing the borrower profiles than they were a year ago.
National Development Bank PLC (NDB) has been named as Sri Lanka’s Best Bank for Corporates at Euromoney Awards 2024, highlighting the bank’s unparalleled commitment to supporting businesses across various sectors. The Euromoney Awards are known for their rigorous assessment process and NDB’s victory in the Best Bank for Corporates category is a reflection of the bank’s continuous efforts to provide value-added services for corporate clients, incl
Commercial Bank of Ceylon Chairman Sharhan Muhseen and Managing Director/CEO Sanath Manatunge recently accepted the Best Bank in Sri Lanka award presented to the bank by Global Finance magazine on the sidelines of the IMF/World Bank annual meetings in Washington, DC.
ACL Cables PLC, the pioneer in fire-retardant PVC cable technology in Sri Lanka, announced its association with the New Fire-Retardant Cable Standard SLS 733 initiative as the promoter who has vigorously and unceasingly campaigned for the formulation of higher standards for home safety.
Scanwell Logistics Colombo, in partnership with the Sri Lanka Sub-Aqua Club (SLSAC), completed its first ocean cleanup at the SS British Sergeant wreck site that had accumulated debris and pollution, posing severe threats to marine life and the overall ecological balance.
Cambio Sri Lanka, a fully-owned subsidiary of Cambio Healthcare Systems AB, headquartered in Stockholm, Sweden and a leading provider of enterprise e-healthcare solutions, announced its sponsorship of an ocean strainer installation at the Wellawatte canal diversion.
Varsity Battles 2024, organised by the Securities and Exchange Commission of Sri Lanka and Colombo Stock Exchange, successfully concluded its Cluster 1 competition recently at the South Eastern University of Sri Lanka. The overall winner for Cluster 1 of the Varsity Battles 2024 inter-faculty quiz competition was the exceptional Team 3 from the Faculty of Technology of the South Eastern University of Sri Lanka, walking away with a Rs.100,000 cas
The Sri Lanka Convention Bureau (SLCB), an entity under the Finance, Economic Development, Policy Formulation, Planning and Tourism Ministry, successfully concluded the Cultural Triangle Hoteliers Training Programme on meetings, incentives, conferences, exhibitions (MICE) tourism recently, at Habarana Village by Cinnamon.
As Sri Lanka prepares to resume repayment of its significant sovereign debt by 2028, a leading economist has called for a strategic shift towards trade-oriented production, to secure a primary surplus essential for debt management, once the International Monetary Fund (IMF) programme concludes.
Sri Lanka’s tourism sector called the recent travel warnings ‘overblown’, asserting that the country remains a safe destination, with the authorities having implemented measures to address the potential security concerns.
WindForce PLC has signed an agreement for the engineering, procurement and commissioning of a 366-kilowatt peak rooftop solar power project on Cocoon Island in the Maldives, the company said in a disclosure to the Colombo Stock Exchange.
The second edition of signature Culinary Champions 2024 in Kandy is set to witness a more than threefold increase in competitors, as the culinary industry aligns with the event’s goal of boosting tourism by showcasing unique cuisines from the Hill Country and surrounding regions.
SLCERT warns WhatsApp users against sharing OTPs to prevent hacking
IMF review for Sri Lanka delayed
Canada issues travel advisory over serious risk in Arugam Bay
More countries issue travel advisories
Sri Lanka Tourism invites global travellers for upcoming season
Udaya Gammanpila vows to impeach President in next Parliament
Rs. 10 million contract killing averted