Business

John Keells Group Unveils $1.2 Billion Cinnamon Life at City of Dreams in Sri Lanka

In a monumental move for Sri Lanka’s tourism sector, John Keells Group has officially launched Cinnamon Life at City of Dreams Sri Lanka, a $1.2 billion mega-development in Colombo. Touted as the largest private investment in Sri Lankan history, the project is set to redefine the country’s tourism landscape by creating one of South Asia’s

Read More
Tech

Exterminators PLC Launches IoT Digi-Pest-Tech for Innovative Pest Management in South Asia

Exterminators PLC, in collaboration with Pest Scan BV from the Netherlands and Sentario UK Ltd., has introduced its IoT Digi-Pest-Tech in South Asia, revolutionizing pest management. This initiative focuses on innovative technology, strategic disruption, and comprehensive research to transform the pest control industry by integrating cutting-edge tools and technologies powered by IoT, AI, and machine

Read More
Economics

Offshore Banking Regulations Gazetted for Port City Colombo’s Economic Zone

Port City Colombo has officially announced the gazetting of two critical regulations, Offshore Banking and Offshore Banking – Prudent Management and Confidence, for commercial operations within the Colombo Port City Special Economic Zone. This milestone was marked by Gazette Notifications 2394/66 and 2394/67 dated July 26, 2024. These regulations are a significant step towards establishing

Read More
Industry Analysis

ALFT Packaging: South Asia’s Only Miraclon Lighthouse Project at Drupa 2024

ALFT Packaging, a leader in the flexible packaging sector, made a notable impact at Drupa 2024, the world’s largest trade fair for the printing and packaging industry held in Germany. Renowned for showcasing the latest in printing and packaging technologies, Drupa occurs every four years and attracts global industry leaders. At this year’s event, ALFT

Read More
Tourism

Laos Grants Visa-Free Travel to Sri Lanka and 51 Other Countries

For the first time, Laos has granted visa-free travel access to Sri Lanka, along with 51 other countries, in an effort to boost the international tourism industry. This visa-free policy will be effective until December 31, 2024. Additionally, the duration of stay for a multiple-entry visa has been extended from 30 to 60 days. Other

Read More