Category: Business and Economy

The Ceylon Motor Traders Association expresses serious concerns for the viability of the Motor Industry in the face of the latest increases in taxes proposed by the government. The government imposed a complete import suspension on all types of vehicles (two wheelers, three wheelers, passenger cars & commercial vehicles) in March 2020 citing that it…

Sonduru Diriyawanthi celebrated one year of donating and uplifting the lives of women diagnosed with cancer, through the national wig donation program. Kumarika, the leading hair care brand of Hemas Manufacturing together with the Indira Cancer Trust, Lions Clubs of Aluthgama Bentota and Galkissa, Sri Lanka College of Oncologists and the Ministry of Health launched…

Sri Lanka witnessed its earnings from the tourism industry fall in September for the second straight month because of lesser arrivals ahead of a more anticipated season which has got moving from the beginning of October and concludes in January. Based on the data available through September, the tourism industry has ushered in US$ 53.6…

BLIND WALK 2022, organized by the Rotary Club of Colombo Midtown and jointly supported by the Rotaract Clubs of Colombo Midtown, the Australian College of Business and Technology, the University of Colombo Faculty of Management and Finance, and Achievers Lanka Business School is scheduled to be held on 22nd October 2022 at the Viharamahadevi Open…

Insta-Hockney is an exhibition featuring the artwork of Bilaal Raji Saheed. This will subsequently be the launch of Sri Lanka’s first homegrown NFT collection, on a homegrown marketplace. The collection was created using an organic and inorganic creative process, using Bilal’s artistic outlook bridged together with the use of Artificial Intelligence. In a time where…

McLarens Group, one of Sri Lanka’s largest diversified conglomerates with a rich heritage spanning over seven decades, was ranked at the 9th place in Best Workplaces in Asia for 2022 in the large organizations category by the global authority on workplace culture, Great Place to Work®. Further, the company was awarded in the categories of…

The international Cricket Council (ICC), today announced a global partnership with Aramco, one of the world’s leading integrated energy and chemical companies.  The partnership will consist of Aramco’s sponsorship of all leading men’s and women’s ICC events scheduled until the end of 2023, including the ICC Men’s T20 World Cup 2022 in Australia, the ICC…

University of Kelaniya (UoK) and Dhammika & Priscilla Perera Foundation (DP Education) signed a Memorandum of Understanding (MoU) on the 4th of October 2022 to facilitate open online course development and delivery in certificate-level Enterprise Resource Planning (ERP). The objective of this initiative is to provide opportunities to learn free of charge the required knowledge…

Over the past 40 years, the Solex Group of Companies (Pvt) Ltd has earned the respect and loyalty of many Sri Lankans as the country’s top water pump manufacturer, selling over half a million pumps during the last decade with a clear market share of over 40%. In a bid to overcome recent economic challenges…

Synopsys Lanka (Pvt) Ltd., a fully-owned subsidiary of the US-based Synopsys Incorporated, which has been at Orion City since 2019 is now expanding its workforce to over 180 employees, thus becoming the latest organisation to expand its business within Orion City. The Organisation’s key operations include software development, product validation, customer support, and application engineering…