Category: Business and Economy

S-lon relocates its Jaffna re-distribution centre to provide better service

S-lon Lanka (Pvt) Ltd, the market leader in the thermoplastic pipes & fittings industry, recently relocated their re-distribution centre in Jaffna to an all-new location with the objective of further enhancing convenience and quality of service for their valued customers and supporting their retail partners. The new re-distribution centre further cements the commitment of S-lon…

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SMIB announces appointment of new CEO

The State Mortgage and Investment Bank (SMIB), a leading state-owned bank in Sri Lanka with 90 years of history, announced the appointment of an experienced banker, Mr. Thushara Asuramanna, as the new CEO with effect from 01 July 2022. Prior to his appointment as CEO SMIB, Mr. Asuramanna was the Vice President of Commercial Credit…

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Rtn. Dhamitha Pathirana installed as the 48th President of Rotary Club of Colombo Mid Town

The Rotary Club of Colombo Mid Town recently hosted its 48th Installation Ceremony at the Galadari Hotel, Colombo. The outgoing President Rtn. Arshad Jamaldeen ceremoniously inducted Rtn. Dhamitha Pathirana as the President of the Rotary Club of Colombo Mid Town for the year 2022/2023, which commenced with the theme ‘Imagine Rotary’. Pubudu De Zoysa, Rotary District…

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Sri Lankan IT industry and its unchartered potential in local economic resurgence – An overview of the economic benefits of the IT industry by Namal Senaratna, Founder and Managing Director of Asia Pacific Technology Systems (Pvt) Ltd.

Asia Pacific Technology Systems (Pvt) Ltd. (APTS) is a multi-award-winning Information Technology solutions provider founded by Namal Senaratna, who is also the Managing Director of the company.  Over the course of 14 years, the company has built a strong base of clientele, and implemented cutting-edge solutions. APTSs’ commitment to its client, hard work and resilience…

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Janashakthi Foundation partners with CEPA and YUMA Foundation to produce Sri Lanka’s first Trilingual Inequality Research Report

Janashakthi Foundation, the Philanthropic arm of Janashakthi Group, partnered with the Centre for Poverty Analysis (CEPA) and YUMA Foundation, to jointly sponsor Sri Lanka’s first Inequality Report. An agreement was signed recently, between the partners by signatories Ramesh Schaffter, Managing Director / Group CEO of Janashakthi Group, Karin Fernando, Acting Executive Director of CEPA and…

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Hayleys Solar introduces ‘PV-DG’ solution to help businesses with solar rooftops to optimise fuel usage and reduce costs

Hayleys Solar, the specialised renewable energy solutions arm of Fentons Ltd., recently introduced a state-of-the-art ‘PV–DG’ solution to the local business sector to help effectively utilize solar energy and minimize fuel costs. The fuel-saving system is specifically meant for businesses that have invested in solar rooftops but continue to face the challenges of increased diesel…

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