JITF all set to return with 15th edition

Marked as the largest multi-trade exhibition in the North of Sri Lanka, the Jaffna International Trade Fair (JITF) is all set to make its highly anticipated return with its 15thedition, from 24-26 January, 2025, at Muttraweli Grounds, Jaffna.

Ceylon Business Appliances celebrates 54 years in business

Ceylon Business Appliances (CBA) is celebrating a noteworthy milestone this year, marking 54 years of pioneering excellence and innovation in Sri Lanka’s technology sector.

BYD enters into strategic partnership with Aradhana Group

BYD, the world’s leading New Energy Vehicle (NEV) manufacturer together with its exclusive agent in Sri Lanka, John Keells CG Automotive (JKCG Auto) has entered into a partnership with the Aradhana Group to support its expansion to the island’s South Coast.

Fonterra Brands Lanka wins 2024 National Supply Chain Excellence Award

Fonterra Brands Lanka emerged as the winner of the 2024 National Supply Chain Excellence Award (NSCEA), solidifying its leadership in supply chain innovation and operational excellence in Sri Lanka.

E.B. Creasy Solar appointed exclusive distributor for Thornova Solar in Sri Lanka

E.B. Creasy Solar, the renewable energy arm of E. B. Creasy & Co., PLC, has been appointed as the exclusive distributor for Thornova Solar in Sri Lanka, forging a significant step forward in the advancement of sustainable energy solutions in the country.

Pelwatte Dairy achieves global certification for Food Safety Mgt.

Pelwatte Dairy Industries Limited has enhanced its production quality standards further with the acquisition of the state-of-the-art FOSS FT3 machine and its recent achievement of the FSSC 22000 V6.0 Certification.

Dialog Axiata Implements World’s First Commercial Virtual Base Station Controller with Ericsson

Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, has deployed the world’s first commercial virtual Base Station Controller (vBSC) with Ericsson (NASDAQ: ERIC). This breakthrough deployment is set to enhance network performance and reliability, improving user experience and operational efficiency while significantly reducing operating costs.

Ceylon Chamber presses for streamlined cargo clearance to boost economy

Sri Lanka’s cargo clearance delays are a significant impediment to economic growth, the Ceylon Chamber of Commerce (CCC) stated in a recent report, calling for improvements in customs efficiency, inter-agency coordination, and increased use of technology.

Kavinda de Zoysa appointed Bank of Ceylon Chairman

The Bank of Ceylon (BOC) announced the appointment of Kavinda de Zoysa as its new Chairman. de Zoysa, a career banker with over 30 years of industry experience and 25 years in management, brings proven leadership capabilities and strategic insight to BOC.

John Keells Holdings maintains growth momentum with strong 2Q25 performance

Premier blue chip John Keells Holdings (JKH) sustained growth momentum in the second quarter of 2024/25, with strong performances across its core businesses, despite challenges in the leisure sector.

Tyre giant Michelin urges govt. to establish dedicated rubber zone to improve sector

Global tyre manufacturing giant Michelin has proposed the government in Sri Lanka to consider establishing a dedicated rubber manufacturing zone to boost local production of rubber related products.

SL’s printing and packaging sector sees new investment

Sri Lanka’s printing and packaging industry is set to expand further, with the Board of Investment (BOI) announcing a new investment venture worth US$ 3.5 million with SC Printing International, a longstanding Sri Lankan-origin company.

Crossings boost turnover

Indices closed in red as a result of price losses in counters such as Melstacorp, Hatton National Bank and LOLC Holdings with the turnover crossing Rs. 2.3 bn.

Bonds witness slight bullishness on the short to mid end

The secondary market yield curve saw a slight decline on the short to mid-end, driven by renewed buying interest following a period of subdued market activity yesterday.

OKLO wins 4 National ICT Awards

OKLO Private Limited, a leading information technology solutions provider in Sri Lanka, bagged four awards at National ICT Awards (NBQSA) 2024, marking a significant achievement in the country’s landscape.

Softlogic Life hails youngest appointment as SL MDRT country chair

Lahiru Maduranga, General Manager Business Development at Sri Lanka’s second largest life insurer, Softlogic Life, has been appointed as the Country Chair for the Million Dollar Round Table (MDRT), the premier global association for financial professionals and he is the youngest professional to ever hold this position.

HNB strengthens tax advisory and business support through H. T. Peiris collaboration

HNB PLC recently entered into a strategic partnership with H. T. Peiris Company to provide comprehensive tax advisory services to its SME and Business Banking customers.

COYLE holds 2024 Leadership Forum

The Chamber Of Young Lankan Entrepreneurs (COYLE) held its landmark 2024 Leadership Forum at Shangri-La Colombo recently, uniting thought leaders, entrepreneurs and visionaries to shape the future of business. Designed to inspire the next generation of trailblazers, the event brought together influential voices in the world of entrepreneurship and business strategy, setting the stage for an extraordinary day of knowledge sharing and forward-thin

Ceylinco General Insurance among LMD’s 25 Outstanding Corporates

Ceylinco General Insurance was honoured as the sole general insurer at LMD’s recent outstanding corporate awards, celebrating the magazine’s 30th anniversary.

NDB Bank honoured at LMD’s 30th Anniversary Awards Night

NDB Bank accepted recognition at LMD’s 30th Anniversary Awards Night recently, at Cinnamon Life’s Lumina Ballroom, joining Sri Lanka’s top corporates celebrated for consistently securing top rankings across LMD’s annual listings, the LMD 100, Most Respected, Most Awarded and Brands Annual, over three decades.

Colombo Int’l Maritime and Logistics Conference to kick off on Nov. 27

The seventh edition of the Colombo International Maritime and Logistics Conference will be held in Colombo from November 27 to 29, at Cinnamon Grand Hotel.

Culinary Champions 2024 ends on high note

The Culinary Champions competition in the Hill Capital recently concluded with overwhelming success. Culinary Champions 2024 was held at Sahas Uyana, Kandy.

Enhancing your financial literacy with CSE Education Academy Understanding basics of stock market, investments, equity and debt

Investing is an essential part of financial planning, offering opportunities for growing wealth and financial security. Whether you’re a novice or a seasoned investor, understanding the fundamentals of investments and the stock market is crucial.

SriLankan Cargo clinches Silver at National Logistics Awards

SriLankan Cargo, the cargo arm of SriLankan Airlines, has clinched the Silver award in the Airline Category at the recent National Logistics Awards, organised by the Sri Lanka Logistics and Freight Forwarders Association (SLFFA).

SLT-Mobitel empowers EDEX Mid-Year Expo 2024

SLT-Mobitel, demonstrating a strong commitment to nurturing education and career development in Sri Lanka, partnered with EDEX Mid-Year Expo 2024 as its official ICT Solutions Partner.

DIMO Healthcare elevates cancer treatment standards with Siemens Healthineers Advanced CT Simulator

DIMO Healthcare, DIMO’s healthcare arm, together with Siemens Healthineers, has once again demonstrated its commitment to further advancing cancer treatment in Sri Lanka by introducing the latest version of the Siemens CT Simulator, SOMATOM go.Sim, accompanied with AI-enabled tools for enhanced patient outcomes.

ADB optimistic about reforms but warns of limited room to manoeuvre

The Asian Development Bank (ADB) said that it remains optimistic about the continuity of the reforms in Sri Lanka but warns that there is very little room to manoeuvre as the country seeks a sustainable recovery.

Sri Lanka Telecom gets new chairman

Sri Lanka Telecom PLC has appointed Dr. Mothilal de Silva as the new Chairman of its board of directors, effective November 4, 2024.

EDB forms task force to tackle export value chain blocks

The Export Development Board (EDB) has formed a new trade facilitation task force to address the challenges rising within Sri Lanka’s export value chain.

Sri Lanka Tourism launches mobile registration programme

The Sri Lanka Tourism Development Authority (SLTDA) has joined forces with the Sri Lanka Institute of Hotel Management (SLITHM) to roll out a mobile registration service, aimed at supporting and officially recognising the tourism service providers across the island.