Category: Business and Economy

The Sri Lanka Gem and Jewellery Association (SLGJA) has raised serious concerns about the government’s unprecedented decision to subject the industry to the Value Added Tax (VAT) regime. The SLGJA fears that such a move could lead to foreclosures and compel the private sector to relocate overseas or revert to the informal sector. The gem…

U.H.E. Exports Pvt Ltd, the proud parent company of Halpé Tea, is delighted to announce its triumphant success at the 31st Annual Export Awards, held recently. The esteemed event witnessed Halpé Tea securing three prestigious awards, solidifying its position as a leader in the tea and tea products sector.    Eranda Aberathna, Managing Director of U.H.E.…

Adani Green Energy Limited (AGEL), One of the world’s leading renewable energy solutions partner, has attained the remarkable position of the second-largest global solar PV developer, in Mercom Capital Group’s latest Annual Global Report. According to the report, AGEL’s outstanding performance and contribution to the renewable energy landscape have earned it the prestigious second rank…

In a resounding testament to its commitment towards transparency, DIMO secured four accolades at the TAGS Awards 2023 organized by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently.   DIMO clinched the Gold Award in Integrated Reporting (Shared) underscoring its outstanding performance and leadership in integrated reporting. The Gold Award in the…

Oak Integrated Systems (Pvt) Ltd., a leading technology solutions provider, recently hosted its annual technology event, on the 23rd of November 2023 at Colombo Courtyard by Marriot.  The event focused on bringing together thought leaders and experts to explore the pivotal role of Digital Transformation and Modernization in the contemporary business landscape. The highlight of…

Visvaka, Sri Lanka’s pioneering food ingredient supplier, proudly marks its 20th anniversary as a beacon of innovation and excellence in the industry.  From humble beginnings, Visvaka has emerged as a trailblazer, particularly highlighted by a remarkable success story. Founder’s vision: Where the journey started. At the heart of Visvaka’s success is its visionary founder, Chula…

Gavinro Investments, a distinguished player in the automotive space for over four decades, has joined hands with Sokon Singapore, a global leader in electric commercial vehicles to launch Sri Lanka’s first 300KM Range Electric Commercial Vehicle with a payload of 1.2 tonnes. The joint venture is founded on the shared vision of supporting the Sri…

Konekt is delighted to announce the successful culmination of its recent project with Stripes and Checks, marking a significant milestone in the company’s journey.  Konekt goes beyond merely providing solutions; they prioritize building enduring relationships with their clients. Their philosophy revolves around comprehending the unique needs of clients and delivering tailored solutions that consistently exceed…