Yatra - Inspired Living redefines senior care with personalised services

Yatra - Inspired Living, an initiative by Ninewells, is redefining senior living in Sri Lanka with a blend of luxury, care, and community. Nestled in a serene, 20-acre natural setting, Yatra is designed for retirees seeking a peaceful yet fulfilling lifestyle. It offers modern, self-contained accommodations combined with a range of services tailored to the physical, mental, and emotional well-being of its residents.

LOLC Al-Falaah’s scholarship seminars empower young minds of the future

LOLC Al-Falaah’s commitment to social upliftment and financial inclusion is integral to its journey. In a country where financial literacy remains a significant challenge, LOLC Al-Falaah has taken a pioneering step to bridge this gap through its innovative financial literacy and inclusivity social upliftment programs.

Scybers earns Google Cloud SecOps Service Delivery Expertise for SOC Proficiency

Scybers recently announced that has it has successfully achieved the Google Cloud SecOps Delivery Partner Expertise designation for its global Security Operations Center (SOC) capability.

Hutch conducts coastal clean-up in celebration of World Sustainability Day

Hutch actively supports sustainable practices and is dedicated to protecting Sri Lanka’s natural eco system. This commitment was demonstrated through its recent Coastal Clean-Up 2024 at Wellawatte Beach, held in recognition of World Sustainability Day.

Omega Trophy by Chatham Luxury Watches concludes on a high note

Chatham Luxury Watches is celebrating the successful conclusion of yet another edition of the OMEGA Trophy from the picturesque fairways of the Royal Colombo Golf Club (RCGC). The highly-anticipated annual golf tournament returned for its 3rdrun on Saturday the 19th of October 2024, with both participants and golfing enthusiasts immersed in a full day of community and sport.

The Bottle Shop ushers Colombo’s latest retail experience

The Bottle Shop opened its doors to customers recently ushering in a new retail experience for Colombo dwellers.

UK High Commission hopeful Sri Lanka will tackle terrorism threat soon

The British High Commission in Sri Lanka expressed confidence that Sri Lankan authorities will soon address the terrorism threat, while reaffirming its support to the government.

Sri Lanka Tourism Alliance slams travel advisories

The Sri Lanka Tourism Alliance yesterday sent a strong message to foreign embassies regarding travel advisories citing possible terrorist attacks, which could lead to serious setbacks for the local tourism sector.

Sri Lanka now UK’s second largest partner in transnational education

Sri Lanka has overtaken Malaysia to become the second largest transnational education (TNE) partner for United Kingdom (UK)- based universities by accounting for a whopping 10 percent of overall UK TNE enrollments last year.

Apparel exports surge 19% in September with strong demand from US

Sri Lanka’s apparel sector posted strong growth in September 2024, with exports rising 19.06 percent year-on- year to US$ 396.73 million, driven by steady demand from key markets, official data shared by the Joint Apparel Association Forum (JAAF) showed.

People’s Bank debenture issue oversubscribed

People’s Bank has successfully concluded the BASEL III Compliant Tier 2, Unlisted, Rated, Unsecured, Subordinated Redeemable Debentures with non-viability write down to the extent required by the Central Bank of Sri Lanka (CBSL) by raising more than Rs. 10 billion last month.

TEC invests US$ 750,000 to expand flexible workspaces at WTC

S r i L a n k a ’s f l e x i b l e w o r k s p a c e i n d u s t r y i s poised to witness a notable expansion in the coming months with The Executive Centre (TEC) announcing a US$ 750,000 investment to establish a new office space at the World Trade Center (WTC) in Colombo.

Overseas Realty records Rs. 4.5 bn PBT for 9 months

Overseas Realty (Ceylon) P L C r e c o r d e d a G r o u p Revenue of Rs. 5,499 million and a Group Profit Before Tax of Rs. 4,579 million for 9 months ending 30th September 2024.

Turnover crosses Rs. 4 bn

Indices closed in green as a result of price gains in counters such as John Keells Holdings, Sampath Bank and Hatton National Bank with the turnover crossing Rs. 4.7 bn.

Mixed interest drives the secondary market

The secondary market displayed a mixed sentiment throughout yesterday on the back of low volumes continuing the trend from the previous sessions.

SLASSCOM AI Asia Summit 2024 in November

SLASSCOM AI Asia Summit 2024 is set to return on November 5, 2024, as the premier event for AI enthusiasts, innovators and business leaders across Asia.

AIA Insurance sponsors WCIC Prathibhabhisheka Women Entrepreneur Awards 2024

AIA Insurance announced its Platinum sponsorship of WCIC Prathibhabhisheka Women Entrepreneur Awards 2024 for the second consecutive year, following a successful partnership as the Gold sponsor in the inaugural year in 2022.

Union Bank-John Keells CG Auto partner for BYD

Union Bank recently signed a memorandum of understanding (MoU) with John Keells CG Auto, the authorised distributor of the BYD vehicles in Sri Lanka.

Feelo’s ChatGPT-powered AI assistant to revolutionise e-commerce in Sri Lanka

Feelo, the premier platform for discovering the best deals in Sri Lanka, has launched an AI assistant named AI Machan, powered by ChatGPT technology.

Aviation’s substantial contribution to Dubai’s economy revealed in latest report

Aviation sector supported 27% of Dubai’s GDP in 2023, with an economic contribution of AED 137bn (US $ 37.3bn) – which is set to rise to almost a third of Dubai’s GDP by 2030.

Ramp Up! 2024: WCIC’s fashion show focuses on empowering Sri Lankan designers

The Women’s Chamber of Industry and Commerce (WCIC) announces Ramp Up! 2024, a significant fundraiser dedicated to empowering Sri Lankan female designers.

Indrajit Wickramasinghe appointed to Overseas Realty Ceylon board

Overseas Realty Ceylon PLC announced the appointment of Indrajit Wickramasinghe as an Independent Non-Executive Director to its board of directors.

Canada issues travel advisory over serious risk in Arugam Bay

The Canadian government has issued a travel advisory urging travellers to exercise a high degree of caution in Sri Lanka due to demonstrations, the threat of terrorist attacks and crime, particularly in the Arugam Bay area.

Tourism industry on edge as travel advisories mount

Sri Lanka’s tourism industry is bracing for challenges, following a series of travel advisories issued by several key markets, including the United States, United Kingdom, Australia, Russia and New Zealand.

Eastern Container Terminal Project given ‘special project’ status

The government announced efforts to accelerate the development of the Eastern Container Terminal (ECT) at the Port of Colombo, a highly anticipated initiative managed by the Sri Lanka Ports Authority (SLPA).

Visa issues, election concerns cut SL’s 2024 tourist arrival target

Sri Lanka is expected to attract around two million tourists this year, falling short of its initial target of 2.3 million by 11.6 percent, according to a report by Softlogic Stockbrokers (SSB).

Sri Lanka’s precious gems to sparkle at 31st FACETS Expo

Sri Lanka’s gem and jewellery industry is set to dazzle once again with the 31st edition of FACETS Sri Lanka, South Asia’s premier gem and jewellery exhibition, all set to kick off early next year.

Sri Lanka Insurance Corporation appoints Nusith Kumaratunga as Chairman

Sri Lanka Insurance Corporation (SLIC) has appointed Nusith Kumaratunga as its new Chairman, effective October 18, 2024.

HNB Assurance Group records 20% GWP growth in 1H24

HNB Assurance Group recorded a gross written premium (GWP) of Rs.10.9 billion, which is a 20 percent growth when compared to the corresponding period of last year.

Cartoon 24.10.2024