The World Bank’s Board of Executive Directors approved US$150 million in financing to support Sri Lanka’s reform agenda aimed at boosting investment, strengthening competitiveness, and creating jobs. The Sri Lanka Reforms for Growth, Resilience and Openness Development Policy Operation (REGROW DPO) is the first in a proposed series of three operations and builds on the […]
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The Sri Lanka Benelux Business Council, in association with the Ceylon Chamber of Commerce, hosted a Business Forum and B2B Networking Session at the Hilton Colombo Residence recently. The event brought together nineteen business delegates from Belgium and Luxembourg, creating a valuable platform for strengthening trade and investment ties between Sri Lanka and the Benelux […]
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(Text and Picture by: I.L.M. RIZAN, Addalaichenai Central Correspondent) A livelihood development programme aimed at promoting women’s self-employment was recently implemented in the Palamunai area, under the Addalaichenai Divisional Secretariat Division, through the 2026 Decentralised Budget allocation of Digamadulla District Member of Parliament M.S. Uthumalebbe. As part of the initiative to strengthen the rural economy, […]
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Global pharmaceutical company Zydus Lifesciences and Sunshine Healthcare have announced a strategic joint venture (JV) to establish a pharmaceutical manufacturing facility in Sri Lanka with an investment exceeding US$20 million. The new joint venture, named Zydus Sunshine Lifesciences Pvt Ltd., will develop the manufacturing plant at the Board of Investment (BOI) zone in Horana. The […]
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Sri Lanka’s first Plastic Alternatives and Craft Experience Centre, established by the ZeroPlastic Movement near Sigiriya, has completed its first tourism season, demonstrating how sustainable tourism can create new income opportunities for traditional artisans while promoting environmental conservation. Located at Rotawewa on the Sigiriya Road, the centre offers visitors a hands-on experience rather than a […]
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Hayleys Solar, Sri Lanka’s No. 1 renewable energy solutions provider, has successfully handed over a 90 kW rooftop solar power system to the Faculty of Medicine, University of Colombo, marking a significant milestone in advancing clean energy integration within the country’s higher education sector. Initiated by the Old Boys’ Association of the Faculty of Medicine, […]
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The St. Peter’s College Old Boys’ Union (SPCOBU) has unanimously elected distinguished corporate leader, academic, and alumnus Dr. Nirmal De Silva as its new President. The election took place during the Union’s 97th Annual General Meeting on June 28, 2026. Dr. De Silva succeeds Mr. Roshan Fernando, who successfully led and strengthened the institution over […]
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Reinforcing its commitment to advancing Sri Lanka’s digital economy, iPay participated in the LankaQR Awareness Programme conducted by the Central Bank of Sri Lanka on June 5-6, in Trincomalee, supporting efforts to accelerate digital payment adoption among businesses operating within the country’s growing eastern tourism belt. The programme focused on strengthening awareness and acceptance of […]
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New Anthoney’s Feeds won four Gold Awards and one Silver Award at the National Convention on Quality and Productivity (NCQP) 2026, claiming recognition across all five improvement projects it entered. The event was held and winners announced on June 17, at the Mount Lavinia Hotel, Colombo. Marking a significant step up from the company’s double-Gold […]
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Total asset base expands to Rs. 180.2 Bn* PBT increases by 37.5% to Rs. 7.6 Bn* Portfolio recorded strong growth by 70% Vallibel Finance PLC continued its strong growth momentum during FY 2025/26, delivering exceptional financial performance and further strengthening its position among Sri Lanka’s top four financial institutions. Remarkably, this achievement has been realized […]
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