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Pelwatte Dairy Hails Budget

Appreciates government proposals to develop the dairy Industry Pelwatte Dairy Industries, the local dairy giant consents to the budget 2021 tabled recently, it expressed its appreciation towards the measures proposed…

No Final Decision yet on Airport re-opening in January

The government hasn’t made a final decision yet on opening up Sri Lanka’s borders for foreign travelers in January next year, Sri Lanka Tourism, Chairperson, Kimarli Fernando said. Taking part…

Blackstone acquires Piramal Glass for $1 billion

The World’s largest alternative equity firm, Blackstone Group Inc,   has signed an agreement to acquire Piramal Group’s Piramal Glass including its unit in Sri Lanka for an estimated $1…

United States kick-off $20M Project to Support Small Businesses and empower Female Participation in Sri Lanka’s Labor Force

The United States launched a new Rs3.6 billion ($ 19.5  million) initiative to help small businesses and economically empower Sri Lankan women. The Private Sector Development Project, which is funded through…

Sanjaya Mohottala assumes duties as the Head of BOI

Sanjaya Mohottala assumed duties today as the 21st Chairman of the Board of Investment (BOI), the apex Investment Promotion Agency of Sri Lanka after Susantha Ratnayake stepped down from the position…

IFS Labs Sri Lanka: A Hub for Global Innovation

IFS Labs is an essential part of the Research and Development arm of IFS, the global enterprise applications company. With most of the team based in Colombo, the unit specializes…

Singapore Startup help owners sell their car in record time with AI valuation tool

Partnering global technology company Huawei, UCARS aims to build consumer trust and satisfaction in the automotive industry with its latest integration of cutting-edge technologies into its platform Singapore’s fastest-growing online…

Sri Lanka shares bulldozed pass the 6,500 mark after 2 years

Sri Lankan shares bulldozed pass the 6,500 mark after 2 years & 7 months while recording the highest intraday gain nearly after a month,  riding on gains in financial and…

Historic 15th edition of PropertyGuru Asia Property Awards Grand Final laurels the best of Asia-Pacific real estate

OUTSTANDING COMPANIES JUBILATE ONLINE AS THEY BEST PEERS ACROSS THE REGION FOR HIGHLY COVETED TITLES FROM LONG-RUNNING AWARDS PROGRAMME Eighty-seven companies compete for 35 sought-after regional titles, including new regional…

Global Aviation Bodies Urge governments Follow Global Guidelines on Crew Testing

The International Air Transport Association (IATA) and the International Federation of Air Line Pilots’ Associations (IFALPA) jointly urged governments to follow the International Civil Aviation Organization (ICAO) Council Aviation Recovery…