Category: Featured
Sampath Bank strengthens global ties with USD 750Mn investment in SBI syndicated loan
Sampath Bank PLC proudly announces its participation in a significant financial milestone, contributing to the $750 million senior unsecured syndicated term loan facility for the State Bank of India (SBI), facilitated by Mashreq, one of the leading financial institutions in the MENA region. This collaboration highlights Sampath Bank’s commitment to supporting strategic international financing initiatives. […]
Driving global change: GSCS International and JAAF lead in sustainable development
GSCS International Ltd, with a global presence in over 35 countries, offers steady, sustainable, and enduring development as a provider of certification, assessment, audit, verification, inspection, and capacity-building services. GSCS International – Sri Lanka successfully organized the SustainSphere 2.0 program, aimed at innovating tomorrow’s industry through sustainability. Held in Sri Lanka, the event attracted a […]
Sunshine Healthcare Lanka attracts USD 10Mn FDI from IFC
Sunshine Healthcare Lanka Limited (SHL), the healthcare arm of diversified conglomerate Sunshine Holdings PLC (CSE: SUN), announced the successful conclusion of the approximately LKR 3,270 million equity investment from the International Finance Corporation (IFC), a member of the World Bank Group. This landmark investment strengthens SHL’s vision to expand healthcare accessibility and bolster innovation across […]
Women’s Chamber of Industry and Commerce holds 39th AGM
The Women’s Chamber of Industry and Commerce (WCIC) held its Annual General Meeting (AGM), marking a pivotal moment in the organization’s 39-year journey. Established in 1985 as the world’s first chamber dedicated to empowering women, WCIC remains committed to fostering female entrepreneurship, leadership, and professional development across Sri Lanka. This year’s AGM, led by Chairperson […]
SL Purchasing Managers’ Index for construction industry expands at slower pace in Aug 2024
Sri Lanka Purchasing Managers’ Index for Construction (PMI -Construction) expanded at a slower pace in August 2024 over the significantly higher level reached in the previous month, recording an index value of 51.4. Further, most of the other indices were also around the neutral threshold, indicating that the operations of the construction industry broadly remained […]
Navigating new EU sustainability and labelling requirements: Challenges and opportunities
By Joint Apparel Association Forum (JAAF) The European Union (EU), with its vast market of over 448 million consumers, has always been a key destination for Sri Lankan apparel exports. Known for its high-quality and ethically produced garments, Sri Lanka has secured a strong foothold in this competitive space. However, new sustainability and labelling requirements […]
Planters’ Association of Ceylon welcomes new President : Calls for collaborative efforts to transform sector
The Planters’ Association of Ceylon (PA) congratulates NPP leader Anura Kumara Dissanayake on his election as the 9 th Executive President of Sri Lanka and called for renewed collaboration to secure sustainable growth and livelihood empowerment within the plantation sector. The Association called on President Dissanayake to initiate a transformative era for the plantation industry […]
JAAF congratulates new President Anura Kumara Dissanayake
The Joint Apparel Association Forum (JAAF), Sri Lanka’s apex body for the textile and apparel industry, warmly congratulates NPP leader Anura Kumara Dissanayake on being elected as the new President of Sri Lanka. As the country enters a new phase of leadership, JAAF highlights the immense importance of the apparel sector, a key driver of […]
‘s Presidential election
As the Sri Lanka Presidential Election approaches on 21st September 2024, TikTok is intensifying its efforts to combat misinformation and uphold election integrity on its platform. The platform’s latest initiatives demonstrate its unwavering commitment to maintaining a safe, authentic, and reliable information environment during this important period. Building on its robust global framework to combat […]
The Knox Journals: Passwordless Future of Security
Being productive has never been easier, thanks to our devices. From smartphones to smart homes, our lifestyles are now incredibly connected. But as this connectivity grows, so do concerns around device and data safety.Samsung has made it a priority to give you peace of mind when using connected device ecosystems as Knox Vault, passkeys and […]
JAAF calls for urgent action on business visa issue
The Joint Apparel Association Forum (JAAF) called on the Sri Lankan government to urgently resolve ongoing challenges related to the issuance of short term business visas, which have been halted since August 2. JAAF noted that all official foreign business visitors, including buyers, machinery suppliers, and technical service providers, have faced significant hurdles entering Sri […]
‘s DCTS for sustainable growth amidst economic challenges
Sri Lanka’s apparel industry, a cornerstone of the nation’s economy, finds itself at a critical juncture. As the sector continues to recover from the COVID-19 pandemic and navigates ongoing economic challenges, the UK’s Developing Countries Trading Scheme (DCTS) has emerged as a potential lifeline. However, this opportunity comes with its own set of hurdles, particularly […]