Category: Business and Economy

Photo Caption- Hayleys Fentons Team at the Victorious Night of CNCI Achiever Awards 2023 Hayleys Fentons with over a century of excellence in engineering and project management secured the Silver Award in the National Level Service Sector in Extra Large Category at the CNCI Achiever awards organised by the Ceylon National Chamber of Industries (CNCI).…

The transmission line will support India’s decarbonization efforts Adani Energy Solutions Ltd., the largest private sector power transmission company in India, has announced the successful commissioning of the Karur Transmission Ltd (KTL) project. The project includes the establishment of the 400/230 kV, 1000 MVA Karur Pooling Station and an associated transmission line spanning 8.51 circuit…

Huawei announced its business results for the first three quarters of 2023 today. During this period, Huawei generated CNY456.6 billion in revenue, with a year-on-year increase of 2.4% and a net profit margin of 16.0%. “The company’s performance is in line with forecast,” said Ken Hu, Huawei’s Rotating Chairman. “I’d like to thank our customers…

DIMO Agribusinesses, in collaboration with its steadfast partner Mahindra Tractors, has recently unveiled the state-of-the-art Mahindra Yuvo Tech+ 585 tractor, boasting 50 HP, to serve the needs of the Sri Lankan farming community. The introduction of the Mahindra Yuvo Tech+ 585 tractor to the Sri Lankan market took place amidst the picturesque fields of Anuradhapura…

Photo Caption : Newly introduced Bison Boat tractor by DIMO DIMO, a leading diversified conglomerate in Sri Lanka, once again affirms its commitment towards innovation in agriculture with the launch of the country’s first boat tractor, the Bison through its agriculture arm, DIMO Agribusinesses. The Bison Boat Tractor stands out as the only tractor suitable…

Cleantech (Pvt) Ltd., Sri Lanka’s foremost provider of integrated waste management solutions, continues to champion environmental sustainability by showcasing its recent PET bottles and plastic collections at the Book Fair 2023. This initiative, reflecting Cleantech’s unwavering dedication to responsible waste management, highlights the company’s commitment to preserving the environment.   The recent Book Fair, a much-anticipated,…

Strong underlying business reflected in the unwavering confidence from global financial institutions Adani Cement, through Endeavour Trade and Investment Ltd, is pleased to announce the successful completion of its refinancing program for acquisition debt taken for Ambuja and ACC, through a USD 3,500 million financing package, raised from a clutch of international banks. This showcases…

Abans proudly commenced its island wide “Abans Unusum Hithawathkam” Project on October 2, 2023, at the Sarvodaya Suwasetha Nutrition Centre. The primary aim of this initiative is to bring warmth and comfort into the lives of children, and it stared on World Children’s Day by donating water heater units to five children’s homes simultaneously. These…

DIMO Healthcare, the healthcare arm of the leading diversified conglomerate DIMO, together with ZEISS, a globally renowned technology enterprise operating in the optics and optoelectronics sphere, introduced ZEISS CT LUCIA 621P Monofocal Intraocular Lens (IOL) to Sri Lanka. This innovation redefines cataract surgery procedures, offering enhanced visual outcomes for patients.     As part of the ZEISS…

On 17th October 2023, Sri Lanka’s second set of sextuplets were born at the Castle Street Hospital for Women. In keeping with its commitment to support parents in giving their infants the best start in life, Baby Cheramy is pledging its entire range of baby products for the 5 surviving infants for a period of…