VELLA signs USD 5.1 M agreement with BOI to transform 98 Acres Resort and Spa
Uva Greenlands Estate (Pvt) Ltd has signed a landmark agreement with the Board of Investment of Sri Lanka (BOI) on 29th May, marking a defining milestone in the evolution of 98 Acres Resort & Spa, Sri Lanka’s celebrated luxury retreat nestled in the breathtaking highlands of Ella. The transformative USD 5.1 million investment will unlock…
VietJet Air Colombo office opened by ambassador of Vietnam to Sri Lanka
VietJet Air officially marked the opening of its Colombo office at a special ceremony inaugurated by Trinh Thi Tam, Ambassador of Vietnam to Sri Lanka. The airline’s operations in Sri Lanka will be represented by its General Sales Agent (GSA) Andrew The Aviation Company (Pvt) Ltd under the leadership of its Chairman, Mahen Kariyawasan. The…
Lanka must establish itself as attractive investment destination
The government’s success in stabilizing the economy has been overshadowed by the challenge of reforms essential for attracting quality investments. Such investments are vital for inclusive growth and competitive productivity in Sri Lanka’s economy, European Union Ambassador to Sri Lanka and Maldives Carmen Mareno opined at a recently concluded forum held in Colombo. “The government…
National Cleaner Production Awards 2026 and Int’l Conference on November 6
Today, sustainability is no longer simply an option, but necessity. Around the world, industries are rapidly transforming to meet new environmental and sustainability expectations, Thilaka Jayasundara, Secretary, Ministry of Industry and Entrepreneurship Development told the National Cleaner Production Awards 2026 and the 4th International Conference on Resource Efficiency & Circular Economy launch held in Colombo…
Research and innovation key to Sri Lanka’s economic growth, – Prof. Ashoka Jayaweera Bandara
Strengthening Sri Lanka’s research and innovation sector is essential for achieving long-term economic prosperity, according to Prof Ashoka Jayawira Bandara, an inventor and academic who holds eleven world patents for new discoveries. Currently, based in the United Kingdom, Prof. Bandara is engaged in research across several institutions including Kingston University. Speaking at a special discussion…
MAC Holdings contributes Rs. 5 million to ‘Rebuilding Sri Lanka’ Fund
MAC Holdings (Pvt) Ltd. contributed Rs. 5 million to the Government’s ‘Rebuilding Sri Lanka’ Fund, established to support communities affected by Cyclone Ditwah. The cheque was officially handed over at the Presidential Secretariat by the Managing Director of MAC Holdings (Pvt) Ltd. Andre Fernando, to the Secretary to the President, Dr. Nandika Sanath Kumanayake. The…
LOLC Group delivers strong operating growth as diversified platform gains further scale
*Gross income reaches Rs. 430 billion *Results from operating activities increase by 49% to Rs. 72 billion * Total assets exceed Rs. 2.3 trillion * Total equity increases to Rs. 654 billion LOLC Holdings PLC delivered a strong operating performance for the year ended 31 March 2026, underpinned by robust income growth, a significant expansion…
Unity Plaza வில் புதிய உயர் ரக காட்சியறையை திறந்த Creative Information Technologies
18 ஆண்டுகளுக்கும் மேலான, நம்பகமான தொழில்துறை விசேடத்துவத்தைக் கொண்ட இலங்கையின் முன்னணி தகவல் தொடர்பாடல் தொழில்நுட்ப (ICT) தீர்வு வழங்குநர்களில் ஒன்றான Creative Information Technologies (Pvt) Ltd நிறுவனம், இலங்கையின் முதன்மையான ICT மற்றும் தொழில்நுட்ப சந்தையான Unity Plaza வளாகத்தில் 2026 மே 25 ஆம் திகதி தனது புதிய காட்சியறையை திறந்துள்ளதாக அறிவித்துள்ளது. இது நாட்டின் தொழில்நுட்பச் சந்தையில் தனது வாடிக்கையாளர் இருப்பை மேலும் வலுப்படுத்துகிறது. நாடெங்கிலும் உள்ள வாடிக்கையாளர்களுக்கு புத்தாக்கமான மற்றும்…
Canadian Chamber of Commerce in Sri Lanka host press interaction with members
The Canadian Chamber of Commerce in Sri Lanka (CanCham Sri Lanka) recently hosted a strategic press interaction with members of the business media at CanCham House in Colombo recently. The discussion focused on strengthening economic partnerships, enhancing bilateral dialogue and positioning Sri Lanka within the expanding Canada–Indo-Pacific economic framework. The session highlighted the evolving role…
Commercial Bank brings PayPal-linked withdrawals for customers
The Commercial Bank of Ceylon, reaffirming its leadership in introducing the latest global financial technologies to Sri Lanka, has announced the availability of PayPal-linked withdrawal functionality for eligible customers to seamlessly channel their global digital earnings directly into their Commercial Bank accounts through ComBank Digital. The integration of PayPal with ComBank Digital enables Sri Lankan…