Sri Lanka Ports Authority (SLPA) Chairman Keith D. Bernard has announced that the Port of Colombo is set to boost its productivity and efficiency in global port operations by adopting advanced technology and automation. Bernard made these remarks during his keynote address at a seminar organized by the Institute of Chartered Shipbrokers (UK) Sri Lanka
Hayleys Fabric PLC has solidified its status as a trailblazer in sustainable textiles, becoming the first Sri Lankan company to be featured in a case study on the prestigious Global Organic Textile Standard (GOTS) website. This recognition comes on the heels of the company’s recent win at the International Quality Awards 2024, where it earned
JAT Holdings PLC has reported impressive financial results for the first quarter of FY25, with significant growth in both revenue and profit. The company saw a 3% increase in revenues, reaching Rs. 2.2 billion, primarily driven by robust sales in the wood coatings and paint brushes segments. The Profit After Tax (PAT) surged by an
The Commercial Bank of Ceylon has become the first bank in Sri Lanka to join the Partnership for Carbon Accounting Financials (PCAF), a global initiative designed to help financial institutions measure and disclose the greenhouse gas (GHG) emissions linked to their financial activities. Certified as 100% carbon neutral in its operations, the bank’s new engagement
Says Dilmah Chairman Sri Lanka is uniquely positioned to capitalize on Asia’s burgeoning $5 trillion green market, according to Dilmah Tea Chairman Dilhan Fernando. With global consumers increasingly prioritizing sustainability and Western companies struggling to meet these demands, Sri Lanka stands to benefit from the substantial ESG (Environmental, Social, and Governance) funds available globally. Fernando
The Commercial Bank of Ceylon achieved remarkable success at the IDB Green Industry Awards 2024, securing two Gold awards and one Bronze. The awards recognize excellence in sustainability, and Commercial Bank was honored for its achievements in becoming Sri Lanka’s first 100% carbon-neutral bank. The bank received the Gold for ‘Low Carbon and/or Climate-Resilient Production’