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edotco strengthens commitment in Sri Lanka with new leadership
edotco Group Sdn. Bhd. (edotco), the leading regional integrated telecommunications infrastructure services company, today strengthened its commitment in Sri Lanka with the appointment of Gayan Koralage, as the Acting Country Managing…
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“Without GSP+, SL will be operating with one hand tied behind our collective backs”
Sri Lanka’s apparel industry – which accounts for 47 per cent of the nation’s exports and 15 per cent of industrial employment – is critical to our national economic health and well-being. Therefore, ensuring that the industry remains…
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Tea Smallholders to earn additional USD 200 mn export revenue for 2021
Tea Small Holders will bring in increased USD 200 million export revenue from tea for 2021 in comparison to last year despite controversy of chemical fertilizer.
Chairman Tea Small Holdings Development Authority (TSHDA) Dr.…
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Kankesanthurai Port to be ready by end 2023
The Kankesanthurai Port (KKS)which is being rehabilitated and developed into a commercial port for the creation of a domestic and regional maritime hub will be completed by end 2023.
Among the economic uses of the development of…
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Inflation remains unchanged in June
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the National Consumer Price Index (NCPI, 2013=100), remained unchanged at 6.1% in June 2021 due to the statistical effect of the high base prevailed in June 2020.…
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Nations Trust Bank unlisted Rs. 5 bn debenture oversubscribed on opening
Nations Trust Bank PLC announced the successful oversubscription of its Unlisted Debenture prior to its opening, aggregating LKR 5 billion in applications. Structured, managed and placed internally; the Bank planned to raise up to LKR…
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99x listed as Best Workplace in Asia and Sri Lanka again
In a period fraught with uncertainty, technology company 99x’s ability to continue ‘business as usual’ and be a supportive life partner to its people saw it being listed as a Best Workplace in Sri Lanka for the ninth consecutive year…
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SiT, advances with Industrial Drones to uplift Agriculture
Sumathi Information Technologies (SiT), a subsidiary of Sumathi Holdings a large and extensively diversified business conglomerate in Sri Lanka, is a well reputed and established organization in the technology industry in Sri Lanka.…
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Moratuwa Jaycees stalwart dies in Stockholm
Past President of Moratuwa Jaycees (Junior Chamber) Vimal de Mel passed away in Stockholm. De Mel was an active member of the Jaycees and played a key role in the projects conducted by his chapter. In 1979, he migrated to Sweden with…
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