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US $ 70 million loan facility from the IDA of the World Bank to strengthen services of 134 Local Govt. Authorities

The International Development Association (IDA) of the World Bank has provided a loan facility of USD 70 million to strengthen the service provided   by 134 Local Authorities in the Northern, Eastern, North Central and Uva Provinces under the Local Development Support Project...
Posted On 15 May 2019
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INSEE Ecocycle Environmental Services excelled to ship-based waste management.

For the first time in Sri Lanka, INSEE Ecocycle, the waste management subsidiary company of INSEE Cement, recently achieved a milestone when the company conducted a special mega operation.   Never before has an operation of such an extensive size and complexity been carried out...
Posted On 07 May 2019
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EFL 3PL looks towards Bots and RPA to stay ahead of the logistics game

Global logistics service provider, Expolanka Freight (Pvt) Ltd. (EFL), has announced that it has implemented its first wave of transformative Robotic Process Automation (RPA) across all its Distribution Centers and Freeport to support day-to-day operations, making it the first...
Posted On 07 May 2019
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UiPath Raises $568 Million Series D Funding Round

In 24 months, RPA and AI leader has grown ARR from $8 Million to over $200 Million, and valuation from $110 Million to $7 Billion   The leading robotic process automation (RPA) company,UiPath is blazing a path to an “automation first” era, closing its Series D investment round...
Posted On 01 May 2019

Commencement of Trading at CSE

The Colombo Stock Exchange in consultation with the Securities and Exchange Commission of Sri Lanka wishes to announce that trading and related market operations will resume from Tuesday the 23rd of April 2019. The pre-open session (Open Auction Call) on 23rd April 2019 will be...
Posted On 24 Apr 2019

SLASSCOM condemns Easter Sunday Attacks in Sri Lanka

The Board of Directors of the Sri Lanka Association of Software and Services Companies (SLASSCOM) is shocked and deeply saddened by the multiple explosions that occurred Sunday morning. We condemn these multiple attacks. Our thoughts and prayers are with the victims, their...
Posted On 24 Apr 2019

CSE to commence second intake of its Diploma in Financial Markets.

Following a successful completion of its first intake in 2018 the Advance Diploma in Financial Markets offered by the Colombo Stock Exchange (CSE) is set to commence its second intake on 22 April 2019. ADFM is the first academic qualification to be awarded by the CSE in order to...
Posted On 12 Apr 2019
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AFC’s sustainability efforts shine in the international limelight again!

Internationally endorsed once again for its genuine Social and Environmental Sustainability orientation, Alliance Finance Company PLC – Sri Lanka (AFC) has been recognized with a merit award at the ADFIAP Outstanding Development Projects Awards 2019, organized by the Association...
Posted On 12 Apr 2019
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Elephant House Sets Smallholder Ginger Farmers on Strong Foundation for Growth

-Surpasses 2,100 Metric Tonness of raw ginger purchases from local farmers- Creating a sustainable future for smallholders, helping them flourish and thus ensuring a supply of sustainably sourced ingredients transforming rural livelihoods and the agricultural sector of the island...
Posted On 12 Apr 2019
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Why is Karadiyana waste project yet at a standstill?

Public concern is on the rise again regarding the Karadiyana mass scale waste project and the government’s inability to proceed despite the private developer, Fairway Holdings’ Fairway Waste Management (Pvt.) Ltd. having completed all necessary regulatory matters up to now. In...
Posted On 09 Apr 2019

APFASL accepting applications from public sector for 2019 best annual reports and accounts awards competition

The Association of Public Finance Accountants of Sri Lanka (APFASL), which is the public sector wing of CA Sri Lanka is now accepting applications from the public sector organisations for the third Best Annual Report and Accounts Awards competition. The 2019 competition is...
Posted On 09 Apr 2019

edotco wins “Asia Pacific Telecoms Tower Company of The Year” Award by Frost & Sullivan For Third Year Running

Honoured for excellence in industry, innovation, sustainability and community development   edotco Group (“edotco”), the leading end to end integrated telecommunications infrastructure services company, was presented with the Frost & Sullivan’s award of “Asia Pacific Telecoms...
Posted On 04 Apr 2019