Business and Economy (Page 99)

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Lack of fuel has disrupted operations at several power plants in Sri Lanka leading to an extension of power cuts. According to sources, there could be a possibility of extending power cuts up to 10 hours per day from next week.Continue Reading

The newly arrived U.S. Ambassador to Sri Lanka, HE Julie J. Chung, met with the Board of Directors of the American Chamber of Commerce in Sri Lanka (AmCham Sri Lanka) on the 16th of March 2022.   Ambassador Chung was welcomed by the Office Bearers and visited the AmCham Secretariat locatedContinue Reading

EFL 3PL, a fully owned subsidiary of Expolanka Holdings went beyond expectations, winning Gold in the large category for Warehousing & Distribution at the prestigious National Logistics Awards organized by Sri Lanka Logistics & Freight Forwarders’ Association (SLFFA). EFL 3PL shone further by grabbing the “Outstanding Application” award. As a testament toContinue Reading

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A default in the electricity transmission line has forced authorities to impose longer power cuts in the Southern province. According to sources, this default has resulted in not being able to generate power in Colombo and transmit to the Southern province. The authorities are taking necessary measures to rectify theContinue Reading

To improve e-commerce connected data in Sri Lanka, the Sri Lanka Association for Software Services Companies (SLASSCOM) and Daraz Sri Lanka recently signed a much-awaited Memorandum of Understanding (MoU). A national e-commerce penetration and use survey launched by SLASSCOM and Daraz covers about 3,000 e-commerce users across the 25 regionsContinue Reading

Spectra Logistics, a leading end-to-end logistics solutions provider in Sri Lanka and a joint venture between McLarens Group and GAC Sri Lanka, celebrated International Women’s Day 2022 with an event dedicated to the empowerment of women in the organization. The inspiring Ms. Pushpa Ramyani De Soysa, Chief Nurse of theContinue Reading

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Diva, has always looked to create products with an authentic local flavor, especially in terms of fragrance. The newly introduced Diva Fresh Araliya detergent is no different. Diva Fresh Araliya comes with a one-of-a-kind authentic Sri Lankan fragrance and is manufactured to give clothes a superior freshness and cleanliness. AllContinue Reading