JLL Sri Lanka Joins SLASSCOM with Plans to Invest in Proptech Start-ups
Eyeing emerging Proptech Start-ups, Leading global commercial real estate services firm, Jones Lang LaSalle Incorporated (JLL)’s Sri Lankan unit joined the Sri Lanka Association for Software and Service Companies (SLASSCOM) which is…
Singapore to stop entry of visitors from Sri Lanka and two other SA countries
(PTI): Singapore will stop the entry or transit to visitors with recent travel history to Bangladesh, Nepal, Pakistan and Sri Lanka from May 2 following “deterioration” of coronavirus situation in…
Shares back in RED after a rollercoaster ride
The Colombo Bourse today continued to play on a rollercoaster movement throughout the session reverting ASPI back to negative posture “The index spiked in the first few minutes and then…
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…
Sri Lanka’s GDP to grow by 4.1% in 2021 – ADB
Sri Lanka’s Gross Domestic Product (GDP) is projected to grow by 4.1% recovering from the Coronavirus crisis on an expansive budget and stronger global demand with a marked rebound expected…
Sri Lanka needs a resilient logistics system
By Winnie Wang Logistics carry dreams. Back in 2007, when I applied to graduate schools in the United States, nothing could beat the excitement of handing over my applications to FedEx,…
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…
Sri Lanka’s mobile internet speeds yet to rebound to pre-pandemic levels
Sri Lanka’s mobile internet speeds are yet to rebound to pre-pandemic levels while, while Fixed Broadband speeds improved in March surpassing the pre-pandemic levels, according to Ookla’s latest Speedtest Global…
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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CSE listed firms posts record earnings for December Quarter
The Earnings of Colombo Stock Exchange (CSE) listed firms rose by 33% percent Year-on-Year (YoY) to Rs 88.6 billion in December quarter maintaining the growth momentum for the second straight…