Business

NDB Honored as ‘Company with Exceptional Management’ at Prestigious Great Manager Awards

NDB has reaffirmed its commitment to excellence by receiving recognition as a ‘Company with Great Managers’ at the Great Manager Awards 2023, hosted by the Colombo Leadership Academy for Leadership Excellence. This accolade celebrates NDB’s exceptional leadership and managerial talent, with seven individuals from the bank’s management securing awards across various categories at the ceremony.

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Business

Sri Lanka’s Premier Housing & Construction International Expo Set to Kick Off May 10-12 at BMICH

The Premier Build Sri Lanka Housing & Construction International Expo 2024, hosted by the Chamber of Construction Industry of Sri Lanka, is set to take place from May 10 to 12 at BMICH, featuring innovative elements to revitalize the construction sector and the country’s economy. This year’s theme, “We Will Build Sri Lanka,” underscores the

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Business

People’s Bank Partners with Hayleys Solar to Boost Sustainable Energy Efforts

People’s Bank and Hayleys Solar, the renewable energy division of Hayleys Fentons Limited, have entered into a Memorandum of Understanding (MoU) to promote the widespread adoption of solar energy through improved financing options. This collaborative effort aims to empower customers by providing them with access to loans for rooftop solar power installations for their homes

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Business

Sri Lanka Tourism Set to Achieve ‘Historic Double’ Milestone in 2024

Sri Lanka’s tourism sector is poised to achieve significant milestones in 2024, with Director General of the Sri Lanka Tourism Development Authority (SLTDA), B.H.R. Sariffodeen, projecting a ‘historic double’ in terms of revenue and tourist arrivals. With an ambitious target of around two million arrivals, Sariffodeen anticipates surpassing the 2.3 million mark, attributing the growth

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Business

Colombo Port Welcomes Visit from Japanese Foreign Minister

The Sri Lanka Ports Authority (SLPA) welcomed a distinguished visitor recently, as Yoko Kamikawa, the Japanese Minister for Foreign Affairs, paid a visit during her stay in Sri Lanka. The meeting with the Japanese delegation at SLPA provided an opportunity to discuss both current and future developments within the organization and the Port of Colombo

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Business

Sri Lanka’s BOI Honors Virtusa as ‘Outstanding Exporter

Virtusa Corporation, a leading global provider of digital business strategy, engineering, and IT services, received accolades as one of the Most Outstanding Exporters in the Services category by the Board of Investment of Sri Lanka (BOI). The recognition, bestowed upon Virtusa and 29 other organizations, underscores their significant contributions to export performance and foreign direct

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Business

SriLankan Airlines Hosts oneworld Meeting on Business Resilience and Safety Best Practices

SriLankan Airlines, a proud member of the oneworld global airline alliance, recently had the privilege of hosting the 2024 oneworld Business Resilience and Safety Best Practice Group meeting in Colombo. This prestigious event brought together representatives from 11 member airlines, who gathered in Sri Lanka’s capital to exchange valuable insights and discuss industry-leading practices in

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Business

Grand Hotel Northeast Celebrates Victory at ‘April Blooms’ Event

The Municipal Council of Nuwara Eliya recently hosted the much-anticipated ‘April Blooms 2024’ flower show, showcasing an impressive array of vibrant and innovative entries despite facing several challenges. Among the standout participants, Grand Hotel emerged as a frontrunner, maintaining its reputation for excellence in floral displays. Grand Hotel secured multiple first-place awards across various categories,

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Business

Advantis Engineering Completes Container Freight Station for Aitken Spence Logistics

Advantis – Engineering recently finalized the construction of a cutting-edge 100,000 square foot Container Freight Station (CFS) for Aitken Spence Logistics, located within Aitken Spence’s prominent logistics complex in Mabola, Wattala. Acting as the primary contractor for the project, Advantis – Engineering managed the entire construction process with meticulous attention to detail, ensuring seamless coordination

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Business

Minsara Bookstore Expands with New Branch Opening in Boralesgamuwa

Minsara Bookstore has expanded its reach with the inauguration of a new branch in Boralesgamuwa, marking another milestone for Minsara Publications (Pvt) Ltd, a company dedicated to serving readers since 2007. Alongside its existing outlets in Gampaha, Negombo, Kadawatha, Kuliyapitiya, and Kalutara, the new bookstore aims to cater to the diverse reading needs of the

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