Business & Economy Archives - Page 21 of 986

December 9, 2024

Asian Seed Congress: Asia-Pacific Region Leads Global Seed Trade, Innovation HAIKOU, CHINA – Media OutReach Newswire – 6 December 2024 – From Dec. 2 to 6, the 29th Asian Seed Congress was held in Sanya, Hainan, bringing together over 1,500 participants from 52 countries and regions. It provided a comprehensive platform for seed industry enterprises […]

December 9, 2024

The Joint Apparel Association Forum (JAAF) and Solidaridad, a civil society organization, recently co-hosted a one-day workshop in Colombo to address the European Union’s Corporate Sustainability Due Diligence Directive (CSDDD). Introduced in 2023, the CSDDD requires companies in EU-bound supply chains to meet stringent environmental and human rights standards. While Sri Lankan suppliers are not […]

December 9, 2024

PickMe will expand its technology to facilitate the delivery of spirits and soft liquor, integrating yet another key component of the economy on its platform. The company, which is set to launch the service during the holiday season, has in place a robust technological solution that will ensure secure and efficient merchant-to-customer transactions. The solution […]

December 9, 2024

Earthfoam Private Limited, renowned for natural latex-based mattresses, toppers, and pillows, recently inaugurated their new Liquid Latex collection center in Monaragala. This state-of-the-art facility is designed with the aim of boosting the efficiency and productivity of liquid latex collection, marking a key development for the industry. Many local organic latex farmers in the region, particularly […]

December 9, 2024

Pegasus Reef Hotel brought a refreshing twist to the festive season with its much awaited ‘Tropical Christmas’ themed holiday activities by lighting the Christmas Tree and welcoming Santa to the tropics. The celebrations provided a unique and joyful experience for the whole family, blending the traditional warmth of the festive season with the vibrancy of […]

December 9, 2024

Orient Finance PLC, an established player in Sri Lanka’s financial services sector, has announced a remarkable financial performance for the period ended 30th September 2024, reporting significant growth in key financial metrics. For the period under review, the company achieved a net profit of Rs. 186.39 million, reflecting a 300.67% increase compared to […]

December 9, 2024

DFCC Bank is proud to announce its role as the Title Sponsor of the highly anticipated International Faldo Junior Golf Tournament and Pro-Am 2025, marking an exciting milestone as Sri Lanka hosts this prestigious global event for the first time. Set against the scenic backdrop of the Royal Colombo Golf Club from January 7-9, 2025, this […]

December 9, 2024

Singer (Sri Lanka) PLC, a trailblazer in the retail sector, has once again been recognized for its steadfast dedication to sustainability, earning the Retail Sector Award at the Best Corporate Citizen Sustainability Awards 2024 for the second consecutive year. This accolade underscores Singer’s leadership in embedding Environmental, Social, and Governance (ESG) principles into its corporate […]

December 9, 2024

Sale of two plants in Sri Lanka to CEAT, securing jobs and business continuity Focus of the Group’s Construction activities on its most value accretive offers Joint commitment by Michelin and CEAT to optimize the transition for all impacted Continuation of other manufacturing activities in Sri Lanka, an important country for Michelin Sale of the […]

December 9, 2024

Colombo, December 6, 2024: CEAT, an RPG company and Michelin, the global leader in tyres, announced today that they have entered into a definitive agreement for CEAT to acquire Camso brand’s Off-Highway construction equipment bias tyre and tracks business from Michelin in an all-cash deal valued at about $225 Mn (SLR 65 Bn). The transaction […]

Asian Seed Congress: Asia-Pacific Region Leads Global Seed Trade, Innovation

Strengthening sustainability: JAAF and Solidaridad chart the path for EU market alignment

PickMe plans expansion of Delivery Services for upcoming season

Earthfoam opens a new Liquid Latex Collection Centre and provides the Thurushakthi Insurance Scheme in collaboration with Ceylinco Life Insurance to farmers

Pegasus Reef Hotel kicked off ‘Tropical Christmas’ celebrations with lighting of the Christmas Tree

Orient Finance Records Impressive Financial Results with Strong Profit Surge and Asset Growth for the Period Ended 30th September 2024

DFCC Bank Announces Title Sponsorship of Sri Lanka’s First International Faldo Junior Golf Tournament

Singer Sri Lanka Wins Retail Sector Award at Best Corporate Citizen Sustainability Awards 2024

Michelin focuses its activities for Construction application on its most value accretive offers

CEAT acquires CAMSO brand Off-Highway Tyres and Tracks business from Michelin in Sri Lanka