Sri Lanka amidst the turmoil, will a Start-up Nation still emerge?
Images of political complication and economic strife are the norm across world media coverage of Sri Lanka this year. After a recent market study visit however by Vikram Bharati, founder of Draper Startup House—having links to Tim Draper, the billionaire investor, known for his bold bets like Hotmail, Tesla, and Coinbase—he is confident the entrepreneurship…
Stretchline partners with XdotO Concepts to unveil Sri Lanka’s first Smart Connected Factory
XdotO Concepts, Sri Lanka’s pioneering industry 4.0 solution provider, and Stretchline (Pvt) Ltd., the world’s largest manufacturer of narrow elasticated fabric, have joined forces to unveil Stretchline’s first-ever smart connected factory. The kick-off event for the project, “Towards a Smart Connected Factory”, was hosted by XdotO Concepts at the Movenpick Hotel, Colombo and was attended…
The Sri Lanka Retailers’ Association urges immediate action to revitalise retail sector
The Sri Lanka Retailers’ Association (SLRA), the apex body of organised retail in Sri Lanka, has raised growing concern about current standing of the local retail sector. If the retail sector collapses completely, it will greatly affect its larger eco system that depends on retail, penetrating deep into the length and breadth of the country.…
Sajeev Rajaputhra, continuing a legacy of philanthropy
Sajeev Rajaputhra, the President and Chief Executive Officer of SAS3 Trading Company, is also a singer, an actor, a director, a student of Kung Fu and an avid philanthropist. He experienced philanthropy first-hand at an early age, as he observed his father, Mr. Kshasthriya Rajaputhra Weerasinghe, do his utmost to give back to society. Mr.…
vivo reaffirms its commitment to Sri Lanka, Marks 5 Years in the Country
vivo, a leading global smartphone brand, celebrates its 5th anniversary in Sri Lanka by thanking all its partners, employees, suppliers, distributors, media and consumers for continuously supporting and helping the brand reach new milestones and for making vivo a part of Sri Lanka’s community, especially during the challenging times. vivo began its monumental journey in…
5G+AI to assist smart, safe mining
Since the beginning of the year, the eruption of energy crises in certain parts of the world have gained global traction. To offset energy shortages, increases in coal consumption has been consecutive and considerable. Many analysts believe that coal-generated power may well be on course to creating all-time highs for the second year in a…
hSenidBiz’ core PeoplesHR drives growth in 2Q FY23; Sri Lanka drives new deals
hSenid Business Solutions (hBS) reported yet another favourable earnings result for the period ended 30 September 2022, with strong growth across the key business segments and regional operations. Net profits for the quarter came in at LKR 58.0 million, compared to a profit of LKR 15.3 million in the corresponding quarter of the previous financial…
5G+4L autonomous driving make the smart port safer and efficient
At the end of last year, port congestion caused severe disruptions in global supply chains,, and most stores were out of stock during the Black Friday and Christmas, the peak selling season. However, the practice of automation and intelligence innovation from the ports in China is expected to solve this dilemma. On the port’s visitor…
Medical essentials to hospital and employee care packages donated by Australia-based Madura Tea Estates facilitated by Mabroc Teas – Sri Lanka
Australian-based Madura Tea Estates donated life saving medical essentials to Kiribathgoda Base Hospital and supplement ongoing employee welfare initiatives which was facilitated by their longstanding partner – Mabroc Teas (Pvt) Ltd. a Company within the Hayleys PLC Group, which was in response to challenges brought on by the current economic situation in the country. During…
New Diriya Washing Powder from Diva to support consumers during current economic challenges
The leading laundry brand Diva has always been closer to the hearts of Sri Lankans consumers, catering to their laundry needs with affordable and high-quality laundry solutions. The brand continues to understand consumers’ needs and the challenges faced by consumers at present during a time of economic hardships. In its attempt to lend a helping…