Indian and Chinese multinational corporations and financial institutions could influence the proposed ban on agrochemicals imports into Sri Lanka
A Sri Lankan-based leftist agrarian movement warned the government of possible influences by Indian and Chinese multinational corporations and financial institutions to do away with the recent decision to ban…
Former US Ambassador to UN Samantha Power Secures Senate Vote to Become the New USAID Administrator
The Former United States (US) Ambassador to the United Nations (UN) Samantha Power was confirmed by United States Senate as the nineteenth Administrator of the United States Agency for International…
Hayleys Fabric to Become the largest fabric manufacturer in Sri Lanka After Acquisition of Ambeon’s South Asia Textiles
Dhamike Perera-controlled, Hayleys Fabric PLC (MGT) entered into an agreement with Ambeon Holdings PLC (GREG) yesterday (22nd April) to acquire the fourth largest fabric manufacturer in Sri Lanka South Asia Textiles…
IFS outlines a three-year sustainability strategy
Sweden-based multinational enterprise software firm, IFS today announces its promise to sustainability through a plan to improve the company’s own operations, enable customers to achieve their sustainability goals, as well as…
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The real estate industry needs to transform to serve the needs of people and cities
The real estate industry needs to transform to serve the needs of people and cities in the next decade, according to a new report released today by the World Economic…
Farmers move to occupy a critical elephant corridor in Sri Lanka
By Malaka Rodrigo Earlier this month, more than 300 people gathered near the borders of the Dahaiyagala Wildlife Sanctuary in Sri Lanka’s Uva province armed with axes, long knives, ropes and handheld…
IMF, World Bank Begin Push To Swap Debt Relief For Green Projects
(AFP): The idea of forgiving debt held by poor countries in exchange for “green” investments gained ground this week during the spring meetings of the IMF and World Bank, with…
Sri Lanka Among 30 Nations Joining A Global Initiative to Tackle Marine Litter
A major international project that will help reduce marine plastic litter from maritime transport and fishing sectors is up for a successful start, after getting 30 countries including Sri Lanka on board.…
Adani Group’s T K Kannan appointed to Watawala Plantation Board as an Alternate Director
Adani Group’s T K Kannan is appointed as an Alternate Director to Madhu Ramachandra Rao in the Board of Sri Lanka’s Watawala Plantation PLC with effect from today. Kannan, who…
Renewables overtook fossil fuels in EU electricity mix in 2020
(Reuters) – Renewables overtook fossil fuels as the European Union’s main source of electricity for the first time in 2020 as new projects came online and coal-power shrank, a report…