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UK based ARCHNIX shifts development wing to Sri Lanka

BusinessTags: Print EditionUK based IT company ARCHNIX has shifted its development wing to Sri Lanka and Lankan IT professionals would engage in product development for its UK client base. For this purpose several separate teams such…

Lina Manufacturing delivers first locally-produced Metered Dose Inhalers to Ministry of Health

BusinessTags: Print EditionDelivered through the Medical Supplies Division of the MoH, the consignment being handed over to Dr. D. R. K. Herath, Deputy Director General - Medical Supplies Division, by Prof. Anil Goonetilleke, Director…

“Essential tax hikes may lead to short term higher prices”

BusinessShirajiv SirimaneTags: Print EditionSri Lanka has seen soaring inflation, which topped 70% in August 2022, according to the NCPI, potentially the highest ever on record. The NCPI (National Consumer Price Index) measures how…

U.S Deputy Chief of Mission calls on BOI Chairman

BusinessTags: Print EditionChief of Mission (DCM) of the U.S. Embassy Doug Sonnek paid a courtesy visit on Board of Investment (BOI) Chairman Raja Edirisuriya on Monday (26) where the discussions revolved around the BOI’s efforts to…

“PPP vital to develop ports, shipping and aviation sectors”

BusinessMinister Nimal Siripala de Silva addressing AGM of SLFFA.Tags: Print EditionThe government wants more public-private partnerships (PPP) to take place enabling the private sector to invest in state sector and earn benefits…

World’s largest Palmyra distillery to open in Tikkam, Jaffna in Dec.

Joint venture of Rs. 450 mn :BusinessShirajiv SirimaneChairman Palmyrah Development Board, Krishantha Pathiraja visits Tikkam distilleryTags: Print EditionThe world’s largest Palmyra spirit manufacturing factory will be opened at the…

World Maritime Day today

BusinessTags: Print Edition World Maritime Day will be celebrated today (29) at The Monarch Imperial Thalawathugoda from 6 p.m. onwards. This event was organised by Capt. Nish Wijayakulathilaka, the IMO Goodwill Maritime Ambassador and…

Swisstek Aluminium launches online portal to facilitate sale of scrap metal

BusinessTharindu Atapattu, CEO Swisstek Aluminium Ltd introducing www.metals.lk to the Minister of Industries Ramesh Pathirana, in the presence of Gen. Daya Rathnayake and other officials.Tags: Print EditionSwisstek Aluminium has…

Streamline archaic regulations to become logistics hub

BusinessIndunil HewageTags: Print EditionSri Lanka has de facto policies to promote the private vehicle as the mainstream mode of transport which is completely a mismatch for a country like Sri Lanka both from an economic perspective…