Category: Business and Economy

National Grid Risks Losing 1200MW as CEB defaults on payments to renewable energy operators

Renewable Energy Associations that include Small Hydro, Wind, Solar, and Biomass power developers, and also Solar Industries Association of Sri Lanka, jointly announced at a press conference held recently that the national grid of Sri Lanka risks losing 1250.9 Megawatts (MW) of power generated by renewable energy developers, as the Ceylon Electricity Board (CEB) has…

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SINGER wins Distributor of the Year award at Dell Technologies AEM Awards 2022

Singer Sri Lanka PLC, the country’s premier consumer durables retailer was duly recognized at the Asia Emerging Market Awards 2022 organized by Dell Technologies. Singer clinched the Distributor of the Year award in the Commercial segment for the second consecutive year reiterating its position as the country’s leading computers and computer accessories provider.   Commenting on…

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Softlogic Information Technologies wins monumentally within the Asia Emerging Markets at the Dell Partner Business Conference

Softlogic Information Technologies (Pvt) Ltd (Softlogic IT), a leading enterprise solutions provider in Sri Lanka, recently won two prestigious awards at the Dell Technologies FY23 Partner Business Conference Asia Emerging Markets Awards ceremony. The awards won were the ‘Tier 1 Partner of the Year – Sri Lanka and Maldives’ as well as the ‘Asia Emerging…

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The All Island Dairy Association raises growing concerns for Sri Lanka’s dairy industry while supply chains continue to dwindle

The prevailing forex crisis in Sri Lanka has severely impacted many industries in the country’s economy, including the dairy industry. As an industry with endless potential to help the economy, the dairy industry is one of the most important industries in the country. However, rising costs, scarcity of feed, vitamins, fuel and fertilizer, and the…

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