All Island Dairy Association Raises Alarming Concerns About the Detrimental Impact of VAT Proposal on Sri Lanka’s Dairy Sector
The All Island Dairy Association (AIDA) has voiced grave concerns regarding the Sri Lankan government’s proposed increase in the Value Added Tax (VAT) from 15% to 18%, set to take effect on January 1st, 2024. This move, intended to broaden the tax base, could have severe repercussions for the dairy sector, a vital contributor to…
Dr. Gehan Gunatilleke Appointed to Janashakthi Life Board
Janashakthi Insurance PLC, a member of the Janashakthi Group, announces the appointment of Dr. Gehan Gunatilleke as an Independent, Non-Executive Director to the Company’s Board of Directors, effective from 24th January 2024. Dr. Gehan Gunatilleke is an attorney-at-law and a founding partner of LexAG, a law firm based in Colombo. He has previously served as…
Huawei Wins Energy Globe World Award for Yancheng Low-Carbon & Smart Energy Industrial Park
The Yancheng Low-Carbon & Smart Energy Industrial Park project has been awarded the 2023 Energy Globe World Award. Also known as the Net Zero Carbon Intelligent Campus project, it is a collaborative effort by the Yancheng Power Supply Company of State Grid Jiangsu and Huawei. The Energy Globe World Award is presented by a panel…
98 Acres Resort and Spa සිය දීප්තිමත් 12 වැනි සංවත්සරය සමරයි
ඇල්ල ප්‍රදේශයේ අක්කර 98ක දර්ශනීය තේ වත්තක් මධ්‍යයේ පිහිටා ඇති මනරම් සුඛෝපභෝගී හෝටලයක් වන 98 Acres Resort and Spa පසුගියදා සිය 12 වැනි සංවත්සරය සාඩම්බරයෙන් සමරනු ලැබීය. 98 Acres Resort and Spa ඇල්ල ප්‍රදේශයේ පිහිටි ප්‍රමුඛ පෙළේ සුප්‍රසිද්ධ සංචාරක ගමනාන්තයක් වන අතර නව රැකියා අවස්ථාවන් රැසක් උත්පාදනය කර එම කලාපය තිරසාර සුඛෝපභෝගී ප්‍රවණතාවයක් වෙත පරිවර්තනය…
Adani Group Claws back narrative a year after Hindenburg Report
When Hindenburg Research accused the Adani Group of “brazen stock manipulation” and accounting fraud a year back, it led to a stock market rout that erased about $150 billion in market value at its lowest point. But unlike its previous targets, tycoon Gautam Adani, who was the world’s second-richest man before the damning January 24,…
hSenidBiz Exceeds $3 Million Exit ARR in 3Q FY24
hSenid Business Solutions (hBS) released its financial results for the quarter ending on December 31, 2023, reporting a 23 percent year-over-year increase in revenues. The PeoplesHR Cloud business, constituting 76% recurring revenue, remains the primary driver having recorded a 40% growth year-on-year. The Company achieved a critical milestone in its growth journey by surpassing $3…
Huawei Unveils Expansion of its Talent Development Program in Rome this Summer
A week-long “Seeds for the future European Grand Finale,” bringing together a select cohort of “Seeds for the Future” alumni hailing from 18 European countries, ended on January 23. Hosted by Huawei Europe, the closing ceremony for the week-long journey showcased the collective achievements of Seeds alumni who had previously attended training programs organized in…
Biodegradability seen as the future of plastics and packaging: Congress for Sustainable Materials 2024 concludes
Hayleys Aventura (Pvt) Ltd, a subsidiary of Hayleys PLC, recently hosted the inaugural Congress for Sustainable Materials 2024 at the Kingsbury Hotel, Colombo, with this year’s theme based on ‘The Future of Plastics & Packaging.’ The Congress showcased two distinguished panels, each representative of various industries such as Agriculture, Food, Packaging, Textiles, and Gloves in…
අදානි පවර් සමාගම 2023 මූල්‍ය වර්ෂයේ තුන් වන කාර්තුවට අදාළප්‍රතිඵල නිවේදනය කරයි
ඉහළ ගිය බලශක්ති ඉල්ලුම සහ ස්ථාපිත අති විශාල ධාරිතාව හේතුවෙන්, 2023-24 මූල්‍ය වර්ෂයේ 3වන කාර්තුව අවසන් වන විට ඒකක බිලියන 11.8 සිට ඒකක බිලියන 21.5 දක්වා එනම්, 82%ක වර්ධනයක් වාර්තා කරයි. අදානි සමූහයේ ප්‍රමුඛතම සමාගමක් වන අදානි පවර් සමාගම විසින් , 2023 දෙසැම්බර් 31න් අවසන් වූ එම වසරේ 3වන කාර්තුවට අදාළ සිය මූල්‍ය ප්‍රතිඵල මෑතක…
2023 நிதியாண்டின் 3ஆம் காலாண்டு முடிவுகளை வெளியிட்ட Adani Power
அதிக மின்சார கேள்வி மற்றும் பாரிய நிறுவல் திறன் காரணமாக, 2023ஆம் நிதியாண்டின் 3ஆவது காலாண்டில் 11.8 BU (பில்லியன் அலகு) இல் இருந்து 82% அதிகரிப்பை காட்டியவாறு, 2024ஆம் நிதியாண்டில் 21.5 BU அலகு ஒருங்கிணைந்த மின்சார விற்பனை அதிகரிப்பு அதானி கூட்டு நிறுவனங்களின் ஒரு பகுதியான Adani Power Ltd. (APL) ஆனது, 2023 டிசம்பர் 31 இல் முடிவடைந்த அதன் நிதியாண்டின் 3ஆவது காலாண்டிற்கான முடிவுகளை அண்மையில் அறிவித்துள்ளது. இந்த காலாண்டு முடிவுகள்…