Category: Business and Economy

Protein Day 2024: ‘Right To Protein’ announces ‘Solve With Protein’ as the theme for the year

#ProteinDay, now in its fifth year, calls on individuals, businesses, and industry leaders to boost awareness about the vital role of protein in nutrition security and enhance accessibility to protein-rich foods as health solutions for citizens. ‘Right To Protein,’ a dedicated awareness initiative powered by the U.S. Soybean Export Council (USSEC), unveils “Solve With Protein”…

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Rocell unveils the first Live Shower Experience in the region, with the partnership of the German Brand – Hansgrohe & AXOR

Royal Ceramics Lanka PLC (Rocell), Sri Lanka’s leading manufacturer of high-quality floor tiles, wall tiles, and bathware, has embarked on an unprecedented collaboration with Hansgrohe & AXOR, the world-renowned German brands, synonymous with premium showers, and bathroom accessories. By solidifying its design leadership through this groundbreaking partnership, Rocell brings the pinnacle of bathing experiences to…

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Fems welcomes 2024 armed with a bouquet of prestigious local and international awards in a successful year

Fems, the socially responsible feminine hygiene care brand by Hemas Consumer Brands, was bestowed with an array of highly-regarded excellence awards during 2023, emerging as one of the best product brands in the country. Its strategic execution of brand activities and ability to fulfill consumer needs innovatively has helped the brand to grow its market…

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Socomec India enters Sri Lanka as a part of their Strategic Expansion Plans

Socomec India, a leading global specialist in Low Voltage (LV) power management, has unveiled its ambitious expansion plan today. The Chennai-headquartered French powerhouse is set to venture into the markets of Sri Lanka, effective immediately. Termed as ‘Greater India,’ this strategic move consolidates into a unified business entity, marking a significant milestone for Socomec India…

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All Island Dairy Association Raises Alarming Concerns About the Detrimental Impact of VAT Proposal on Sri Lanka’s Dairy Sector

The All Island Dairy Association (AIDA) has voiced grave concerns regarding the Sri Lankan government’s proposed increase in the Value Added Tax (VAT) from 15% to 18%, set to take effect on January 1st, 2024. This move, intended to broaden the tax base, could have severe repercussions for the dairy sector, a vital contributor to…

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