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…
USD exceeds Rs. 350 for the first time in Sri Lanka
The US Dollar has surpassed Rs. 350 for the first time in the history of Sri Lanka. The Central Bank announced the selling rate of US Dollar has reached Rs. 350.49 on April 27. The buying rate of US Dollar is at Rs. 337.82 as per the exchange rates.
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…
The Embassy of Sri Lanka in Iran organizers the Tourism Promotion Partnership Event-2022
The Tourism Promotion Partnership Event-2022 was organized by The Embassy of Sri Lanka in Iran at its Chancery premises in Tehran on the 6th of April 2022 with the support of the Sri Lanka Tourism Promotion Bureau and Associations of Air Transport and Tourist Agencies of Iran. About 75 guests, mostly travel agents and tour…
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…
Sonduru Diriyawanthi natural hair wigs packs donated to Kurunegala and Anuradhapura Hospitals
A total of 75,909 cancer cases were diagnosed in Sri Lanka over a five-year period up to the year 2020, and 57% of those diagnosed were women. ‘Loss of Hair’ is a major side effect of the chemotherapy treatment that these patients must undergo. Realising the psychological trauma these women suffer, and to help break…
Granbell Hotel Colombo to introduce a mix of Sri Lankan and Japanese hospitality
Granbell Hotel Colombo the first 4-star hotel in Colombo uniting the Sri Lankan and Japanese design philosophies will open on the 27th of April 2022. The sister property of Le Grand Galle and proudly situated on the Western coast, Granbell Hotel Colombo welcomes all to an eventful experience in the heart of the capital city…
Litro Gas price increased
A 12.5kg Litro domestic gas cylinder has been increased to Rs. 5175 with effect from midnight today. Accordingly, there is a price increase of Rs. 2500 for a domestic gas cylinder which was previously sold at Rs. 2675. Image Source – Litrogas.com
Litro Gas distribution suspended till April 25
Litro Gas Lanka has suspended the distribution of domestic gas cylinders until Monday, the 25th of April due to stock shortage. According to sources, LPG shipment worth 3600 Metric Tonnes is expected to reach Sri Lanka by Monday (25) and another vessel with 3600 Mteric Tonnes of LPG to arrive by Wednesday (27). With nearly…
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…