COLOMBO, Sri Lanka, August 29, 2025 (ePRESS) – Sri Lanka’s leading ride-hailing and on-demand platform PickMe has entered into a landmark research partnership with the University of Moratuwa, aiming to reshape the future of homegrown technology innovation. The collaboration marks a clear shift from depending on foreign technologies to developing solutions designed for Sri Lanka’s…
Category Archives: Economy
MAHAWA, Sri Lanka, August 29, 2025 (ePRESS) – Sri Lanka’s leading solar solutions provider, Abans Solar, has successfully completed a 385.27 kW solar installation at CIC Agri (Pvt) Ltd’s Mahawa Seed Factory, marking the largest solar project undertaken by CIC to date. The factory, a state-of-the-art milling complex spread across 16 acres, is a key…
COLOMBO, August 28, 2025 (ePRESS) – The Council for Business with Britain (CBB) of the Ceylon Chamber of Commerce celebrated its 25th anniversary with a special event at Westminster House, followed by an exclusive networking session for members at Cinnamon Life. The occasion brought together leading business professionals and stakeholders from the UK–Sri Lanka bilateral…
COLOMBO, August 28, 2025 (ePRESS) – The Commercial Bank of Ceylon PLC has become the first bank in Sri Lanka to cross a market capitalisation of US$ 1 billion, marking a historic milestone for the country’s financial sector. The achievement was celebrated at the Colombo Stock Exchange (CSE), where the Bank was invited to ring…
COLOMBO, August 28, 2025 (ePRESS) – The Hemas Outreach Foundation has opened its first Piyawara preschool in the plantation sector, marking a new step in its mission to transform early childhood education in Sri Lanka. The school, located at Pedro Estate in Nuwara Eliya, was launched in partnership with the Plantation Human Development Trust (PHDT)…
COLOMBO, August 27, 2025 (ePRESS) – People’s Bank, Sri Lanka’s leading financial services provider, has announced a historic achievement with an all-time post-tax profit (PTP) of LKR 28 billion for the first half of 2025. For the period ending June 30, the Bank reported operating income of LKR 80.8 billion and a PTP of LKR…
NEGOMBO, Sri Lanka, August 27, 2025 (ePRESS) – The Omega Line Toastmasters Club began a new chapter with the installation of its 2025/26 Executive Committee at a ceremony held at Jetwing Blue, Negombo, under the theme “Ignite the Legacy.” The event brought together distinguished guests including TM Felix Fernando, Charter President of the club and…
COLOMBO, August 26, 2025 (ePRESS) – People’s Bank has once again been honoured as one of Sri Lanka’s most women-friendly workplaces, winning recognition at the Satynmag Women Friendly Workplace Awards 2025 held at Amari Colombo. This is the fifth year in a row that the Bank has received this award, underlining its strong commitment to…
COLOMBO, Aug 26 (ePRESS) – AB Mauri Lanka has been recognised at the prestigious AB Mauri Global Target Zero Safety Awards 2023/24, winning in the Safety Performance category. The award highlights the company’s strong commitment to health and safety, with a focus on achieving zero accidents. AB Mauri Lanka has introduced many safety measures and…
COLOMBO, Aug 26 (ePRESS) – Sri Lanka’s gem industry is among the most corrupt and competitive in the world, Deputy Minister of Industry Chathuranga Abeysinghe said yesterday, warning that the government will take strong steps to clean up the sector. Speaking at the launch of the third annual Gem Sri Lanka, which will be held…