News

BUSINESS

February, 27, 2024

Rs 20 billion credit scheme for small & medium businesses

Cabinet approval has been granted for the implementation of a Rs. 20 billion credit scheme to revive the micro, small and medium enterprise sector in Sri Lanka.

ECONOMIC

February, 27, 2024

MSMEs get lifeline as Cabinet approves freeze of parate action till 15 December

The struggling Micro, Small and Medium Enterprises (MSMEs) and individuals are to get a lifeline with the Cabinet of Ministers yesterday at its meeting agreeing to temporarily suspend highly contentious parate action till 15 December, 2024.

BUSINESS

February, 26, 2024

SLT-MOBITEL unveils ‘The Directory’ 2023/24 as refreshed and advanced national business directory

As a one-stop-shop for all marketing and advertising solutions for Micro, Small and Medium Businesses (MSMBs), SLT Digital Services (Pvt) Limited (SLT-DIGITAL), a fully owned subsidiary of SLT-MOBITEL, the National ICT Solutions Provider, unveiled ‘The Directory’ 2023/24 (The Rainbow Pages), the refreshed and advanced version of its national business directory.

BUSINESS

February, 25, 2024

New web site launched for Gangarama temple

Gangaramaya, one of the oldest and most revered Buddhist temples in Colombo, proudly announces the launch of its newly built website. The website serves as a digital platform to showcase the temple’s rich heritage, activities, and offerings, including online ticketing services for visitors.

BUSINESS

February, 22, 2024

Spa Ceylon wins coveted ‘Global Best Beauty Product’ at World Spa Awards 2023

Spa Ceylon, the iconic Ayurveda Wellness brand, has won three international accolades at the World Luxury Spa Awards 2023, including the prestigious Global Award for Best Beauty Product, alongside Awards for Best Luxury Ayurveda Spa Global and Best Spa Group Global.

BUSINESS

February, 16, 2024

FITIS says UPI payments in SL powerful driver for SME digital transformation

The Federation of Information Technology Industry Sri Lanka (FITIS) yesterday expressed its strong support for LankaPay’s launch of the Unified Payments Interface (UPI) acceptance in the country, an initiative taken in partnership with the National Payment Corporation of India’s international arm NIPL.

BUSINESS

February, 21, 2024

Phoenix Industries launches new collection 2024

Phoenix Industries, a top Sri Lankan household product brand, unveiled its innovative new product line for 2024 at their Battaramulla Showroom on 1 February. The range sets a new standard in quality, style, and every day-use product design.

TOURISM

February, 20, 2024

Digital campaign to promote SL as premier wellness destination in France, Germany

Interface Tourism, a leading marketing and communications agency in the tourism has announced the launch of a ground-breaking wellness campaign to promote Sri Lanka, targeted at the French and German markets.

TOURISM

February, 20, 2024

SL Convention Bureau aims for $ 550 m earnings from MICE in 2024

Sri Lanka Convention Bureau (SLCB) is stepping up its efforts to establish the country as a year round destination, with a particular focus on boosting arrivals and earnings from the Meetings, Incentives, Conferences, and Exhibitions (MICE) segment to over $ 550 million by the end of 2024.

BUSINESS

February, 15, 2024

Leading digital transformation: Empowering business leaders for success

Digital transformation, often seen as the domain of ICT professionals, frequently falls short due to a lack of comprehensive business understanding among these experts. A study by Harvard Business School emphasised that digital transformation is not about technology and IT professionals in Sri Lanka declared at a conference that they could contribute only up to 20% to the success of such initiatives. When IT professionals lead, they excel in technology but may overlook broader business implications. Thus, non-IT managers must step into leadership roles for digital transformation projects, although they may face knowledge gaps in ICT.

BUSINESS

February, 12, 2024

The Asia Foundation to train up to 300,000 small biz in Asia on digital safety, 5,000 in Sri Lanka

Google.org, Google’s philanthropic arm, is providing $ 15 million to The Asia Foundation to launch the APAC Cyber security Fund in partnership with CyberPeace Institute and Global Cyber Alliance to bolster cyber capabilities of 300,000 underserved micro and small businesses, nonprofits and social enterprises.

ECONOMIC

February, 11, 2024

Extending India’s UPI Facility to Sri Lanka: Implications and Opportunities

The recent announcement of extending India’s Unified Payments Interface (UPI) facility to Sri Lanka has sparked significant interest and discussion among policymakers, economists, and citizens of both nations. This move, aimed at enhancing digital connectivity and facilitating faster and seamless digital transactions between India and Sri Lanka, carries profound economic and geopolitical implications. Let’s delve deeper into what this extension entails and its potential impacts.

BUSINESS

February, 10, 2024

Dynamic B2B sessions at Sri Lanka –Thailand Business Forum

The Sri Lanka-Thailand Business Forum, organised in collaboration with the Embassy of the Kingdom of Thailand in Sri Lanka, the Department of International Trade Promotion, The Ministry of Commerce Thailand, the Ministry of Trade Commerce and Food Security, The Ceylon Chamber of Commerce and the Chamber’s Sri Lanka - Greater Mekong Business Council (SLGMBC), on 3 February 2024, attracted high-level government and private sector participation.

BUSINESS

February, 07, 2024

Macktiles makes history; exports Made in Sri Lanka tiles to Indonesia for the first time

Macktiles Lanka Ltd., has achieved a monumental milestone as Sri Lankan tiles make their debut in the Indonesian market.

BUSINESS

February, 01, 2024

SLT-Mobitel marks new era of revolutionary ‘Upahara’

Reaffirming its commitment to recognising those who have gone beyond boundaries in serving the nation, SLT-Mobitel, the National ICT Solutions Provider, introduced two new packages under ‘Upahara’ in celebration of its 15th anniversary celebration at Shangri-La Colombo recently. The event served as a platform in honouring State sector employees and pensioners for their untiring dedication and service.

ECONOMIC

January, 30, 2024

USAID, CCC with SLEDB equip officers to boost regional SME exports

The United States Agency for International Development (USAID)’s Partnership for Accelerating Results in Trade, National Expenditure, and Revenue (PARTNER) activity, with the Ceylon Chamber of Commerce (CCC), have completed an on-the-job coaching program for 50 Development Officers (DOs) attached to the Sri Lanka Export Development Board (SLEDB).

ECONOMIC

January, 25, 2024

Federation of Bangladesh Chamber of Commerce and Industry discusses economic cooperation with SL

Sri Lanka’s High Commissioner in Bangladesh Dharmapala Weerakkody emphasised the need to expand economic cooperation between Sri Lanka and Bangladesh by leveraging the long-standing and close bilateral partnership between the two countries.

BUSINESS

January, 22, 2024

Kapruka Holdings strengthens E-commerce reach through strategic partnership with Shiro Hana

Kapruka Holdings Plc, the industry leader in e-commerce, has announced a strategic partnership with Shiro Hana (Huejay International Multiflora Ltd.), the leader in Sri Lanka’s cut-flower industry. This collaboration is facilitated through Kapruka’s innovative vendor portal, Kapruka Partner Central, signaling a significant step forward in providing an enhanced shopping experience for local and global customers.

INFORMATION

January, 19, 2024

SLT-Digital Services Launches Innovative School Attendance Notification System as Part of ESG Initiative

COLOMBO, Sri Lanka – SLT-Digital Services (Pvt) Ltd, the emerging digital engagement solutions arm of the SLT-MOBITEL Group, is proud to announce the launch of its groundbreaking School Attendance Notification System. This initiative is part of the company’s ongoing commitment to Environmental, Social, and Governance (ESG) principles, focusing on enhancing child safety and digital transformation in education sector.

TELECOMMUNICATION

January, 19, 2024

TIN Registration In Sri Lanka: What You Need To Know About The 2024 Update

Sri Lanka’s tax system has been updated with a new requirement for everyone aged 18 years or more. The Inland Revenue Department of Sri Lanka has introduced a mandate under Section 102 of the Inland Revenue Act for resident persons’ registration. In this blog, we’ll dive into the specifics of TIN registration in Sri Lanka, explaining what this change means for you and guiding you through the registration process.

BUSINESS

January, 17, 2024

DIMO Energy and Siemens join forces in LV power panel manufacturing for local, export markets

DIMO Energy with its long-standing partner for over seven decades has Siemens ventured into the manufacturing of Siemens SIVACON S8 and SIEPAN 8PU Low Voltage (LV) Power Distribution Boards and Motor Control Centres (MCC) in Sri Lanka, targeting local and export markets.

EVENT

November, 10, 2024

Entrepreneur Awards 2023 – Western Province, ceremony was held in grandeur at BMICH on 7th November 2023 I Sri Lanka Latest News

Entrepreneur Awards 2023 – Western province was held in grandeur on 7th November 2023, Lotus Convention Hall, BMICH for the sixth consecutive year. The National Chamber of Commerce of Sri Lanka and National Enterprise Development Authority (NEDA) have jointly designed and organized this annual award scheme to distinguish, reward and motivate Sri Lanka’s very own entrepreneurs. Driven with the objective of recognizing the accomplishments to encourage the business community in the Western Province to improve their standards of business practices and achieve a high level of entrepreneurship focusing on the Micro, Small, Medium and Large sectors.

BUSINESS

January, 11, 2024

“Asian Hardware (Pte) Ltd” Partners with SLT Digital Services for Cutting-Edge E-commerce Solution

In a significant development that marks a new milestone in the Sri Lanka’s e-commerce space, “Asian Hardware (Pte) Ltd” has chosen to collaborate with SLT Digital Services (Pvt) Limited (SLT-DIGITAL) is a fully owned Marketing and Digital Engagement Solutions subsidiary of Sri Lanka Telecom PLC (SLT-MOBITEL group).

ECONOMIC

January, 11, 2024

Strengthening economic ties: “Export Bahrain” explores trade expansion with Sri Lanka

“Export Bahrain” Chief Executive Officer Safa Sharif A. Khaliq, together with Zainab Matrook from Marketing and Promotions section of “Export Bahrain” met Sri Lanka Export Development Board (EDB) Chairman and Chief Executive Officer Dr. Kingsley Bernard on 8 January 2024.

TELECOMMUNICATION

January, 4, 2024

SLT-MOBITEL Home Broadband launches 'Midnight Thriller' introducing free night-time internet for the first time in Sri Lanka

SLT-MOBITEL has announced an exciting new free night-time internet for all Home Broadband customers that will include unlimited free data access daily from midnight to 7am...

TELECOMMUNICATION

January 3, 2024

SLT-MOBITEL 'Life at 300Mpbs' blazes into 2024 elevating digital lifestyles with limitless possibilities

Blazing in to 2024, SLT-MOBITEL 'Life at 300 Mbps' offers significantly unprecedented speeds to its Fibre-to-the-Home (FTTH) broadband plans from existing levels, accelerating connectivity from January 01, embracing the digital evolution, and responding to the escalating demand for faster internet...