Category: Business and Economy

DIMO Academy, the vocational education arm of DIMO, has launched its latest German Diploma in Warehouse Operations, Logistics and Transportation (WOLT), offering 100% guaranteed job opportunities in Germany for students who successfully complete the programme. The launch marks a significant milestone in industry-aligned vocational education. Securing direct employment pathways for WOLT graduates, DIMO Academy has…

The Ceylon Electricity Board (CEB) has reported a significant financial loss of Rs. 29.15 billion for the quarter ended 31 December 2025, according to its latest financial statements. This marks a sharp reversal compared to the Rs. 603 million profit recorded in the corresponding quarter of 2024, reflecting a 4,929% decline in profitability year-on-year. Meanwhile, the CEB’s…

MullenLowe Group, Sri Lanka’s largest Brand Communications Company, once again reinforces its authority in creative effectiveness by retaining its position as Effie Agency of the Year for 2025, marking its third consecutive win at the Effie Awards ceremony held recently. Hosted at The Monarch Imperial on March 3, MullenLowe delivered a commanding performance, securing 21…

The People’s Leasing Divulapitiya Branch conducted the PLC AutoEX vehicle sales exhibition from February 12-15, at the Divulapitiya weekly fair. This event featured a wide selection of vehicle brands, including various models such as cars, vans, lorries, buses and three-wheelers. Both registered and unregistered vehicles were available for sale. During the exhibition, attendees were given…

Seylan Bank PLC has introduced an Online Interest and Part Payment Facility for Seylan Gold Loans and Pawning, allowing customers to conveniently settle interest expenses and make part expenditures digitally, anytime and anywhere. The new facility enables customers to manage their gold loan commitments without visiting a branch or waiting in queues. Through this initiative,…

Regional Director for Asia and the Pacific of the International Civil Aviation Organization (ICAO) Tao Ma stressed that the ICAO is ready to provide all necessary support for the advancement of the civil aviation sector in the country. He made these remarks during his recent official visit to Sri Lanka. He emphasized that Sri Lanka…

INSEE Cement, one of Sri Lanka’s leading cement manufacturer and supplier and the only fully integrated cement plant in the country, announced the recommencement of limestone rail transportation from its Aruwakkalu quarry to the Puttalam plant following the restoration of the section of the railway line damaged by the recent Ditwah Cyclone. Limestone transportation via…

Sri Lanka Insurance Corporation General Ltd. (SLICGL), Sri Lanka’s No. 1 general insurer and one of the country’s most trusted provider, has launched Adventure Plus, the first-of-its-kind personal accident cover designed exclusively for tourists visiting Sri Lanka, strengthening the tourism industry, and contributing to economic growth. Adventure Plus is a pioneering innovation providing medical coverage,…

People’s Bank has partnered with the University of Vavuniya to introduce a fully digital payment and collection system, marking a significant step in advancing Sri Lanka’s digital economy by eliminating manual cash handling. The milestone was commemorated at the 32nd International Conference on IT Applications and Management held at the University of Vavuniya, with the…

LankaPay – operator of Sri Lanka’s national payment network has once again demonstrated excellence in corporate reporting by securing the coveted Gold Award under the SME Category at the CA Sri Lanka TAGS Awards 2025, organised by the Institute of Chartered Accountants of Sri Lanka. This is the sixth occasion LankaPay has been bestowed with…