Starting from April 18th the closure of the Colombo Stock Exchange (CSE) for five business days was a short-term move and was put in place to fix many issues and permit investors to study and comprehend the economic changes that were applied by the Central Bank last Tuesday (12) afterContinue Reading
Granbell Hotel Colombo the first 4-star hotel in Colombo uniting the Sri Lankan and Japanese design philosophies will open on the 27th of April 2022. The sister property of Le Grand Galle and proudly situated on the Western coast, Granbell Hotel Colombo welcomes all to an eventful experience in theContinue Reading
The prevailing forex crisis in Sri Lanka has severely impacted many industries in the country’s economy, including the dairy industry. As an industry with endless potential to help the economy, the dairy industry is one of the most important industries in the country. However, rising costs, scarcity of feed, vitamins,Continue Reading
At the inaugural Huawei Cloud Spark Hackathon Singapore 2022 final event last Friday, 10 teams pitched innovative products to a panel of judges, addressing five emerging trends in Education, Hospitality & Travel Service, Eco & Sustainability, Finance & Banking, and Health Tech. This year’s hackathon, which opened on November 15,Continue Reading
In Sri Lanka, the payment industry is presently going through a swift change because of the introduction of current payment instruments, methods, and procedures. Together with the customary payment means, these new payment procedures have entirely reshaped the customer encounter and allowed businesses and consumers to handle their financial transactionsContinue Reading
A majority of investment professionals have raised concerned over the prolonged closure of the Colombo Stock Exchange (CSE), according to a recent survey conducted by CFA Sri Lanka. The survey reveals that a good majority is of the view that the decision to close the Colombo Stock Exchange (CSE) fromContinue Reading
DIMO, a leading diversified conglomerate in Sri Lanka, has established its position at the forefront of Engineering excellence in Sri Lanka by providing world-class end-to-end solutions across multiple domains including Building Management, Fluid Management and General Engineering solutions. DIMO has rapidly become the leading source of lighting solutions in theContinue Reading
Uga, a celebrated hospitality group in Sri Lanka, was victorious at the 14th Annual Luxury Lifestyle Awards 2022 when its flagship property, Uga Ulagalla took home a win in the ‘Best Luxury Boutique Hotel in Sri Lanka’ category. In previous years, Uga Ulagalla had been recognised with several local andContinue Reading
Bakery Owners’ Association has decided to increase the prices of bread and bakery products with effect from midnight today. Accordingly, the price of a loaf of bread has been increased by Rs.30 and the new price is Rs.140. In addition, other bakery products too have been increased by Rs. 10.Continue Reading
IT Gallery, the leading distributor of video surveillance products and solutions and the national distributor for Hikvision in Sri Lanka, recently hosted the “Hikvision Partner Summit 2022” held physically after two years. The summit was held with the presence of 300+ partners of Hikvision, to recognize the performances of itsContinue Reading