Tech

Dialog Axiata Launches World’s First Commercial Virtual Base Station Controller with Ericsson

  • November 7, 2024

Dialog Axiata PLC, Sri Lanka’s leading connectivity provider, has launched the world’s first commercial virtual Base Station Controller (vBSC) in partnership with Ericsson (NASDAQ: ERIC). This pioneering deployment is designed to boost network performance, reliability, and operational efficiency, while significantly reducing operating costs. The vBSC is an advanced virtualized version of the traditional Base Station

Read More
Business

Ceylon Biscuits Retains MTI Consulting for International Strategy Alignment

  • October 28, 2024

The CBL Group, Sri Lanka’s largest consumer products conglomerate with a presence in over 65 countries, has successfully completed an international strategy alignment initiative with MTI Consulting. This strategic alignment is aimed at strengthening Ceylon Biscuits’ global footprint, particularly through its flagship brand, Munchee, which has led Sri Lanka’s biscuits category for over two decades.

Read More
Business

SLID to Host Inaugural International Director Conference on 29th October 2024

  • October 18, 2024

The Sri Lanka Institute of Directors (SLID) is gearing up to host its first-ever International Director Conference on 29th October 2024 at the Oak Room, Cinnamon Grand Hotel, Colombo, from 9:00 a.m. to 5:00 p.m. Under the theme “The Courage to be Bold”, the conference is designed to inspire business leaders to embrace confidence and

Read More
Business

Barista Unveils ‘Happiness Hub’ to Streamline Operations

  • October 10, 2024

Barista, one of Sri Lanka’s top café chains, has launched its new “Happiness Hub” in Peliyagoda, a central facility dedicated to procurement, food preparation, storage, and distribution. This development marks a significant step for Barista in enhancing operational efficiency, product consistency, and supply chain management. The facility will serve all 41 of Barista’s cafés, helping

Read More
Real Estate

VIMAN Ja-Ela Achieves Rs. 4.2 Bn Sales Before Construction

  • October 10, 2024

John Keells Properties has achieved an impressive Rs 4.2 billion in sales for its VIMAN Ja-Ela apartments before construction even began on August 26, 2024. This remarkable milestone highlights the strong demand and interest from both investors and homebuyers. VIMAN Ja-Ela is more than just a residential project; it introduces a fresh concept in suburban

Read More
Industry Analysis

E.B. Creasy Solar Launches New Solar Solutions Outlet in Wellawaya

  • October 7, 2024

E.B. Creasy Solar, a leading provider of solar energy solutions in Sri Lanka, has expanded its presence with the opening of a new solar solutions outlet in Wellawaya. The store offers a range of sustainable energy solutions, featuring Tier one solar panels and advanced technologies from industry leaders such as LONGI, AE Solar, Thornova, LORENTZ

Read More
Technology

SLT-Mobitel Launches Innovative eSIM Service for Seamless Connectivity

  • October 4, 2024

SLT-Mobitel is revolutionizing the way customers connect to its network with the launch of its state-of-the-art eSIM service. Leveraging SLT-Mobitel’s robust 4G connectivity and extensive coverage across the island, this service allows users to join the network within minutes, no matter where they are located. The eSIM technology eliminates the need for a physical SIM

Read More
International Economic Developments

Celebrating Excellence: The 10th Edition of Top German Brands in Sri Lanka

  • October 1, 2024

The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) marked a significant milestone by hosting the 10th edition of the ‘Top German Brands in Sri Lanka’ on September 19 at the Cinnamon Grand Hotel in Colombo. This year’s event highlighted the strong bilateral ties between Germany and Sri Lanka, recognizing the

Read More
Economics

HNB and Hayleys Solar Partner for Flexible Solar Financing Solutions

  • October 1, 2024

HNB PLC has renewed its partnership with Hayleys Solar, the renewable energy division of Hayleys Fentons, to deliver enhanced value to customers seeking solar energy solutions. The Memorandum of Understanding (MoU) was signed at an event at HNB Towers, attended by Kanchana Karunagama, HNB AGM and Head of Retail Banking, and Roshane Perera, Executive Director

Read More
Business

Sampath Bank Wins Asia’s Best Corporate Responsibility at Euromoney Awards 2024

  • September 23, 2024

Sampath Bank made history by receiving the prestigious Asia’s Best Bank for Corporate Responsibility award at the Euromoney Awards for Excellence 2024, held at The Westin, Singapore. The award was presented to Managing Director Ayodhya Iddawella Perera in recognition of the bank’s exceptional contributions to corporate responsibility. Sampath Bank’s flagship ‘Wewata Jeewayak’ tank restoration programme,

Read More