Business

MAGA has been awarded the contract for the design and construction of a Faculty of Technology at the Rajarata University of Sri Lanka (RUSL) in Mihintale, Anuradhapura. The new faculty valued at approximately LKR 3 billion will…

 Military simulation training software developer SimCentric Technologies (Pvt) Ltd strengthened the Company’s information security with the ISO 27001:2013 certification for information security management. This achievement coincides…

Magicbit, an easy-to-use STEM education platform, raised USD 120,000 in its pre-seed financing round led by Sri Lanka’s Angel Fund. Magicbit allows students as young as 10-years to build inventions using technologies like IoT,…

The Governor of the Central Bank Ajith Nivard Cabraal had discussions with the Governor of Qatar Central Bank (QCB) Sheikh Al-Thani, one of the longest-serving Governors in the world last week. The duo also discussed ways and…

Colombo International Container Terminals (CICT) has continued its winning streak on the global stage by winning the award for the ‘Best Container Terminal in Asia’ in the Under 4 million TEUs category for a record fifth consecutive…

The Government plans to convert Trincomalee Port to a mega industrial port city that will house ship repairs and shipbuilding, a petroleum refinery, fertilizer manufacturing, steel and mineral sand industries and biomass storage…

Symbolising its role as the National ICT Solutions Provider and committed to leading Sri Lanka towards the next phase of its digital revolution, SLT-Mobitel laid the foundation stone for Mobitel’s technologically advanced new…

For the first time in Sri Lanka, Abans Electricals will be moving to the manufacture of Air conditioners in Sri Lanka and also refrigerators. The total investment for the two projects would be in the excess of Rs. 3.5 billion in two…

For the first time in Sri Lanka, Abans will be moving to the manufacture of Air conditioners in Sri Lanka and also refrigerators. The total investment for the two projects would be in the excess of Rs. 3.5 billion in two stages.…

LOLC Life Assurance Limited and LOLC General Insurance Limited, two of the fast-growing Insurance companies in Sri Lanka were recognised for their profound commitment to their staff at the recent Asia’s Best Employer Brand Awards 2021…