Category: Business and Economy

Singer Sri Lanka PLC, the leading retailer of consumer durables in the country, has partnered with Leader Group of companies to be the official distributor for Riyelta batteries in Sri Lanka. The recently unveiled product lineup caters to both motorcycles and three-wheelers. These batteries, produced in Sri Lanka, using advanced German technology, offer Sri Lankan…

Raja Jewellers, recognized as the undisputed monarch of the gold world in Sri Lanka, reaffirmed its commitment to environmental protection and sustainability through a beach clean-up project conducted in lieu of World Oceans Day. The event, which took place on Sunday at Wadduwa Beach, saw the active participation of Raja Jewellers’ staff members in an…

Uga Chena Huts, an esteemed property under the renowned Uga hospitality group, proudly announced its remarkable achievement as the recipient of the prestigious Best of the Best Trip Advisor Award 2023. Excelling as the only Sri Lankan hotel to be ranked No. 8 in the small hotels – world category, No. 2 in the small…

Pelwatte Dairy, the leading local dairy brand in Sri Lanka that produces a range of dairy products and saves valuable foreign exchange, recently stepped into promoting a cornerstone in Sri Lanka’s culinary and hospitality sectors, the chefs of Sri Lanka. The Chef Event held at Amagi Aria Hotel, Negombo, and organized by Pelwatte Dairy in…

As a prominent youth run organization of Sri Lanka, AIESEC in Sri Lanka has successfully completed the large-scale SDG Facilitation project Youth4Sri Lanka. The project that spanned five months covered over 10 districts, engaged over 500 youth, worked with many stakeholders and impacted many communities all around the island. Project Youth4SriLanka focused on five different…

The U.S. Agency for International Development’s (USAID) Climate Adaptation Project and Alliance Finance Company PLC have partnered to promote climate-proofing investments in three key value chains in Sri Lanka:  tea, cinnamon, and dairy. The initiative will strengthen Alliance Finance’s agri-lending portfolio and support adaptation interventions, such as assessing climate risks and the vulnerabilities of different…

hSenid Business Solutions (hBS) reported its results for the period ended 31March 2023, with revenues up 32.7 percent year-over-year for FY23. Topline growth was supported by its core PeoplesHR Cloud offering, followed by Tracking Solutions. Recurring revenues accounted for 49.0 percent, driven by PeoplesHR Cloud. Region-wise, APAC and Sri Lanka contributed strongly to topline growth.…

Binance, the world’s leading blockchain and crypto infrastructure provider, announced today that it has been awarded the coveted ISO 27001 and ISO 27701 certifications for information security governance and privacy information management in three jurisdictions across Europe and the Middle East: France, Bahrain, and the United Arab Emirates (UAE). Binance secured the ISO 27001 and…

ChallengerX, marked Sri Lanka’s inaugural AI and Machine Learning-focused Incubator Program emerging from a collaboration between IFS and Hatch. The programme came to a close with 2 out of the 6 selected teams winning over LKR 2 million in prizes – a testament to the high calibre of young tech talent present in Sri Lanka.…

‘Pioneering value- driven leadership among the youth and catalyzing change in Sri Lanka’. For 18 years, Leo District 306 A2 has continued to inspire young individuals to become compassionate leaders cultivating humane qualities and behaviors while promoting moral values, contributing towards a harmonious and caring society. Inspired by the values of Lions Club International, Leoism…