Acquisition will enable accelerated investment in innovative technology for digital transformation WSO2, the leader in digital transformation technology, announced today that it has signed a definitive agreement to be acquired by EQT. We are thrilled to partner with EQT as we embark on the next phase of WSO2s journey, said Dr. Sanjiva Weerawarana, CEO and Founder of WSO2. With EQTs support and expertise, we are well-positioned to accelerate our innovation agenda, expand our global footprint, and

Sheraton Colombo Hotel, is creating a memorable experience this Mothers Day, where each mom is celebrated and cherished with love and gratitude. Extending an invitation to the leading lady in our lives, the hotel offers a day of pure indulgence and relaxation with its stylish surroundings as the ideal sanctuary to honour and celebrate her remarkable spirit. Whether she desires a unique afternoon tea experience, a spa retreat, or simply quality time with loved ones, Sheraton Colombo Hotel present

Peoples Insurance PLC is pleased to announce the appointment of Mr. Dennis Hewagama as Chief Sales Officer (CSO), effective April 29, 2024. With an MBA in Business Administration from the University of Bedfordshire, UK, Mr. Hewagama brings over 32 years of extensive and diversified experience in the General Insurance industry, enriching the organisation with profound knowledge and exemplary leadership. Mr. Hewagamas illustrious career in the insurance sector spans renowned companies such as Ceyl

WIS, a Sri Lankan company that provides financial solutions in the United Kingdom, has expanded its Sri Lanka office by adding a new wing recently, laying the platform for the company to increase its capacity in the coming months. The new office boasts of collaborative work areas, state-of-the-art technology infrastructure and open office environment. The interior was designed by Architecture duo Lakdini and Kasun Wickramage. This enhanced environment will foster a more dynamic and productive at

Bahrain will be first destination served by the Emirates A350, introducing Premium Economy seats on Middle East/GCC regional routes for the first time Colombos 4 th daily service EK654/655 will be served by the A350 from 1 January 2025 Emirates Premium Economy seats will be available on 42 destinations* by February 2025 Colombo will be among the first set of destinations to be served by Emirates A350 aircraft entering service in September 2024, the airline announced today. Emirates fourth daily

Japans Foreign Minister Yoko Kamikawa visited the Vijitha Yapa Bookshop at Flower Road (Pittala Handiya) on Saturday night. Vijitha Yapa Bookshop is a publisher of books promoting the Japanese language. The Foreign Minister and the Japanese Ambassador were particularly interested in books on Sri Lanka and the books for children. The Foreign Minister was given a gift of the book The Complete Illustrated History of Sri Lanka by Sri Lanka born author Dr Anton Sebastian, and she was interested to he

Strengthening its commitment to service excellence, Sri Lankas leading private sector bank HNB PLC, announced the successful achievement of the ISO 9001:2015 certification for its Inward Remittance, Outward Remittance, and Centralized Operations Departments. The certification not only highlights HNBs commitment to service excellence but also further strengthens its position in the local and global markets given its alignment to global standards, setting the benchmark for strong Quality Managemen

Renewable Energy target for 2030 revised upwards to 50 GW from 45 GW Adani Green Energy Ltd (AGEL), one of the worlds fastest-growing pure-play renewable energy companies, recently announced financial results for the quarter and year ending 31 March 2024. AGEL is developing the worlds largest renewable energy project of 30,000 MW on barren land at Khavda in Gujarat, India. Spread across 538 sq km, it is five times the size of Paris. Within just 12 months of breaking ground, AGEL has operationali

Advantis Engineering, successfully completed the construction of a state-of-the-art 100,000 sq. Container Freight Station (CFS) for Aitken Spence Logistics. Strategically located in the heart of Aitken Spences premier logistics complex in Mabola, Wattala, the impressive new facility showcases the sophisticated capabilities of Advantis Engineering, which served as the primary contractor overseeing the entire project from end-to-end, including seamless coordination and integration across all con

A renowned Ayurvedic product manufacturing company in the country, Siddhaushadha Pvt. Ltd., was awarded as the Best Ayurvedic Brand of the Year at Golden Inmediens Awards 2023, while their Neelyadi Hair Oil was awarded as the Most Popular Herbal Hair Oil of the Year. The awards were received by the Companys Managing Director, A. A. Harshula Chaturanga Wijesundara. The Golden Inmediens Awards, an event dedicated to fostering and celebrating indigenous medical entrepreneurship, took place recently

CEAT Kelani Holdings has extended the companys road safety programme for school children to its 15 th year, with the donation of road safety kits to 10 more schools in the first three months of 2024. Each of the beneficiary schools received seven road safety signboards, 10 traffic cones, 10 traffic warden jackets and 300 booklets on road safety awareness for school children, making up a total of 3,270 items for the 10 schools. Titled Maga Yana Maga, the programme is one of the community initiati

In a recent event held at the Barefoot Garden Cafe in Colombo on Good Life X Pvt. Ltd proudly announced its rebranding initiative, coinciding with the celebration of its 6th anniversary. This strategic move not only signified a visual update but also marked a profound shift towards catalysing a regenerative future for Sri Lanka and beyond with diverse ventures kicking off under its purview. The event welcomed over 100 GLX alumni, experts, scientists, academics, entrepreneurs, investors, as well

Feelo, the leading platform in Sri Lanka for discovering unique experiences, is thrilled to announce its launch on iOS and Android. Now available for download, the app provides easy access to an array of exclusive services and time-limited promotions of upto 70% off, ensuring that premium experiences are just a tap away. Committed to continually enhancing user satisfaction, Feelo offers unbeatable value through substantial price reductions on selected services. These promotions are refreshed fre

We have been alerted regarding several incidents of financial fraud, both globally and in Sri Lanka, disguised as attractive online offers, leading to mobile device users inadvertently clicking on unknown links and downloading malicious apps and files. This action grants scammers complete access to the mobile device, enabling them to control it remotely. Once the fraudsters take control of the mobile device, they have easy access to bank/payment apps that are installed on that device, leading to

Janashakthi Group (JXG) has appointed Minette Perera and Vishnu Balachandran as Independent, Non-Executive Directors to the Companys Board of Directors. Minette Perera has a distinguished career as the former Group Finance Director of the MJF Group, where she played a pivotal role in managing finance functions across a vertically integrated tea operation. During her employment with the MJF Group, Minette was appointed a Director of the MJF Group of Companies, including MJF Holdings Limited. She

Ideamart for Women, powered by Dialog Axiata PLC, Sri Lankas premier connectivity provider, concluded Techliya, a specially designed programme aimed at enhancing digital skills and empowering women entrepreneurs, on the 20th of March at the Dialog Auditorium. Techliya aimed to foster digital inclusion and support women entrepreneurs, developers, and students by providing essential resources, mentoring, and tools to advance their technological and entrepreneurial endeavors. As part of Ideamart fo

State Minister of Investment Promotion Dilum Amunugama participated in the Hannover Messe 2024 in Hannover, Germany, from April 24-26, 2024. This was the first time that Sri Lanka had officially participated at the Hannover Messe, which is considered to be the worlds leading industrial trade fair. State Minister Amunugamas visit to Hannover Messe focused on creating awareness in Germany about investing in Sri Lanka, exploring opportunities for Sri Lankan businesses, and strengthening economic re

Politics and economics are concepts that are fundamentally intertwined. Yet the unprecedented economic crisis of 2022 highlighted the complex challenges of aligning short-term political goals with long-term economic strategies. While the sharp appreciation of the Sri Lankan rupee in recent months has been roundly welcomed by most sectors of society as a positive signal, this optimism overlooks the nuanced factors influencing our currencys strength and the medium-long-term challenges that could a

Concluding a two-day visit, IFCs Vice President for Asia Pacific, Riccardo Puliti, signaled IFCs commitment to supporting Sri Lankas ongoing reforms and growth agenda, while emphasizing the importance of private sector-led development for inclusive economic growth. The visit served as an opportunity for Puliti to engage with key stakeholders, including meeting the President of Sri Lanka, H.E. Ranil Wickremasinghe, Minister of Power and Energy, Hon. Kanchana Wijesekera, Governor of the Central Ba

Sri Lanka Insurance Life (SLICLL) The Sales and Activation Teams organized an exclusive seasonal promotion in Nuwaraeliya, coinciding with the Salalihini Wasanthaya festivities. Running from April 16th to April 21st, this special event featured a variety of engaging activities tailored for both children and adults, designed to engage them with the Sri Lanka Insurance Life brand. The event attracted not only locals but also a significant number of visitors who were visiting Nuwaraeliya for the S

VFS Global is a trusted partner to 67 client governments. It operates over 3,300 visa application centres in 151 countries and has processed over 285 million applications since its inception in 2001. Headquartered in Zurich and Dubai and backed by majority shareholder Blackstone, along with the Swissbased Kuoni and Hugentobler Foundation and EQT, VFS Global is committed to creating value for all stakeholders and leading in responsible, innovative solutions making government services more effecti

The Lanka Coffee Association (LCA) is delighted to announce the highly anticipated 3rd Edition of the Sri Lanka Coffee Festival, in collaboration with Australias Market Development Facility (MDF) and Jetwing Hotels. This announcement was made during a press conference convened by the LCA to unveil the exciting details of this years festival. Kushan Samararatne, Chairperson of the Lanka Coffee Association, expressed his excitement about the upcoming festival, stating, The Sri Lanka Coffee Festiva

Sunshine Healthcare Lanka (SHL), the healthcare arm of the diversified conglomerate Sunshine Holdings PLC (CSE: SUN), has entered into an agreement for a proposed equity investment of up to LKR 3,270 million by the International Finance Corporation (IFC). Subject to satisfaction of conditions, IFC will own approximately 14.7% stake in SHL. IFC investment fortifies Sunshines commitment to meet the growing healthcare needs of Sri Lanka and will bolster SHLs implementation of significant capital pr

NDB Bank proudly announces a groundbreaking leap in the realm of banking technology with the introduction of the countrys first wearable pay band, NDB WriztPay, in collaboration with VISA. This innovative offering redefines convenience and security in financial transactions, heralding a new era in Sri Lankas banking landscape. The NDB WriztPay Band, designed to seamlessly integrate into the lifestyles of our tech-savvy customers, provides unparalleled ease and accessibility for managing finances

The Sri Lanka Ports Authority (SLPA) has reported a record 48 per cent year-on-year (YoY) rise in container volumes in the first quarter (Q1 2024). The total grew from 441,032 to 652,766 TEU. SLPA ascribed this spike to a number of issues, including the Red Sea crisis and its broader ramifications. SLPAs transshipment throughput in the first three months of this year totalled 582,403 TEU, a 49.81 per cent increase over the same period last year. This growth contributed to the Port of Colombos (

SriLankan Airlines Statement on Flight UL 503 SriLankan Airlines wishes to clarify an incident concerning Flight UL 503 to London which was diverted to Vienna international airport in Austria due to a medical emergency. We confirm that on 1 May 2024, Flight UL 503, bound for London with 272 passengers, was diverted to Vienna due to a medical emergency involving a passenger who required urgent medical attention. Subsequently, the flight experienced a delay in departure due to a technical issue, p

The Consulate General of Sri Lanka in Mumbai organised a ten days long Sri Lankan Food festival from 19-28 April 2024 in collaboration with Courtyard by Marriott in Andheri, Mumbai. The Food Festival featured authentic Sri Lankan dishes prepared by Chef Chanaka Denuwan who was flown down to Mumbai from Marriott, Weligama Bay. The Food festival had a wide range of authentic Sri Lankan dishes and a live Kottu station, which was a crowd-pleaser through the week. The opening ceremony of the food fes

The Annual General Meeting (AGM) of shareholders of DFCC Bank PLC was held on March 28 2024, at the Banks Head Office Auditorium. Shareholders convened to vote on significant matters of business pertinent to the forthcoming fiscal year. Concurrently, the event provided DFCC Bank with a platform to showcase its notable achievements throughout the financial year 2023/24, a record-breaking year for the Bank across multiple metrics, including financial performance and the accomplishment of its susta

Cruise ship Serenade of the Seas made her maiden call at the Hambantota International Port (HIP) on Monday 29th April. The luxury liner, which carried 1,950 passengers and 890 crew members, was the 10th cruise ship to call at HIP for the year 2024. The Serenade of the Seas launched in 2003 is one of global cruise shipping company, Royal Caribbean Internationals Radiance Class vessels built to travel to far flung exotic destinations. The port welcomed the ship with a plaque presentation held on

The Sri Lanka Export Development Board (EDB) in collaboration with the Sri Lanka High Commission in Male, Maldives and Sri Lanka Maldives Business Council (SLMBC) will be organizing a group of 19 exporters including 15 SME entrepreneurs to participate at Hotel Asia Exhibition & International Culinary Challenge 2024. It is the Maldives biggest and best annual food and hospitality event, which brings together all those who are involved in the tourism sector in one location. The event will be held

Farmers in Sri Lankas North Central Province were recently exposed to the functionalities of drones in the modernisation of agricultural practices, at an awareness programme organised by the Commercial Bank of Ceylon PLC in collaboration with Mahaweli Authority of Sri Lanka. More than 100 farmers in the Thambuttegama area in the Anuradhapura District as well as some students were briefed by experts on how drones could be used for seeding paddy lands and in the application of fertiliser and agroc

Renowned Global Customer Experience Guru Ron Kaufman will lead an event in Sri Lanka on 6 June 2024 at Waters Edge, Battaramulla, on uplifting customer service and elevating organizational excellence amidst challenging contexts. Sri Lanka is emerging from its worst-ever economic crisis. Organizations now face a vastly different business landscape and must navigate changing customer needs and the accelerated adoption of new technologies. It is vital for organizations to transform accordingly, ass

As the global trend towards contactless payments continues to surge, Sampath Bank proudly unveils its latest innovation: Sampath PayBand, the versatile Wearable Payment Device. This groundbreaking solution promises to redefine the transaction landscape in Sri Lanka, catering to the evolving preferences of the younger generation and tech-savvy consumers. Representing a significant milestone as the countrys first of its kind, Sampath PayBand, heralds a new era in convenient and secure transactions

The Kingsbury Hotel in Colombo was abuzz with excitement as Thakral Group, the authorized distributor of DJI in Sri Lanka, unveiled The Future of Possible. This exclusive event was a testament to the relentless pursuit of innovation and progress in the country. The event offered attendees an immersive experience into DJIs latest offerings., spanning consumer electronics, enterprise solutions, agricultural technology, and delivery systems. From high-performance drones to specialized solutions tai

Now onboard, Emirates is offering First and Business Class customers a new collection of exclusive Bulgari amenity kits for the summer season. With a gradual introduction on select routes and long-haul flights, the new range features colour palettes designed to reflect Emirates newly upgraded aircraft cabin interiors, alongside the latest best-selling fragrances from globally recognised luxury Italian brand, Bulgari. As part of Emirates commitment to provide exceptional customer experiences onb

Recommendations to provide a road map for the action to be taken in respect of those affected by the Parate Law in the period after December 15 Recommendations to give fair opportunity to negotiate with banks to all parties who have done business with banks subject to parate law The Committee questions the officials on how the borrowing under the Parate Act was distributed The Committee on Public Finance (CoPF) has approved, subject to conditions, the Recovery of Loans by Banks (Special Provisio

Samsung Sri Lanka proudly asserts its victory as the Category Winner in the esteemed Home Electronics category at the LMD Readers Most Loved Brands Awards 2024. This notable accomplishment marks yet another consecutive win for Samsung, firmly establishing its dominance in the industry with its state-of-the-art line of TVs, washing machines and refrigerators. This esteemed accolade reflects the trust and confidence that consumers place in the Samsung brand, as ascertained by LMD, further solidify

In a bid to harness the potential of Sri Lankas IT/BPM talent and explore the vast opportunities the country has to offer, SLASSCOM recently conducted an orientation program for newly appointed Sri Lankan Ambassadors and High Commissioners designated for overseas missions. Organized by the Ministry of Foreign Affairs, the session aimed to equip the diplomats with insights into the countrys tech prowess and its potential to attract foreign investments while facilitating market access for local co