The Scoop

DIMO cultivates love for home gardening with “footprints” DIY kits for the whole family

DIMO, one of Sri Lanka’s leading conglomerates, continues to demonstrate its respected credentials as a responsible corporate entity with the launching of its brand-new venture footprints Do-It-Yourself (DIY) home gardening kits. The virtual unveiling of footprints took place recently with the patronage of DIMO…

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Sri Lanka, the Contrarian Investment Opportunity of 2021, says CAM

Sri Lanka equities emerged world’s best performing stock market in 2021 YTDGlobal equity interest in Emerging Markets expected to trickle down to CSEGlobal Negativity offers “contrarian” profit opportunity on Sri Lanka Sovereign BondsNew ECT terms with a FDI of USD 500Mn favourable for Sri LankaReturn of…

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Tokyo Cement Supports Government Initiative by Gifting “Fountain of Life“ to Nawakkulama

Tokyo Cement Group stepped forward to support the Government achieve one of its Visions of Prosperity, by extending their “Fountain of Life“ program to the village of Nawakkulama in Medawachchiya.  The water purification plant was declared open by Mr. Christopher Fernando, Executive Director of Tokyo Cement Company…

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447 Luna Tower’ Announces Change of Project Partner

Belluna Co. Ltd Japan announces that with effect from 13th January 2021 Asia Capital PLC will not act as the local coordinating partner in the 447 Luna Tower project at Union Place, Colombo 02. Asia Capital PLC was the local partner facilitating the project on behalf of Belluna…

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Father-son duo of JAT Holdings acknowledged in LMD’s 2020 A-List of Sri Lankans

27th January 2021, Colombo: Paying tribute to Sri Lanka’s top business people, JAT Holdings’ renowned father-son duo was recently acknowledged in LMD’s latest 2020 A-list edition. Aelian Gunawardene, Founder and Managing Director of JAT Holdings was recognized among the top 100 Sri Lankan business people who continue…

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Ministry of Health joins hands to launch Facebook’s Blood Donations feature in Sri Lanka

Colombo, Sri Lanka, January 27, 2021 – In an effort to make it easier for people to donate blood, Facebook has launched the Blood Donations feature in Sri Lanka in partnership with the Ministry of Health’s National Blood Transfusion Service (NBTS) supported by the Health Promotion Bureau…

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An inclusive space with knowledge and tools for the youth to Activate reconciliation and communal harmony.”

Peace Incubators a platform to train youth with knowledge and skills that spearhead youth-led initiatives geared towards creating communal harmony among their communities. Peace Incubator is an inclusive space to share and empower young people with knowledge and tools for social cohesion. International Youth…

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Hatch Open House returns for 2021

When it comes to business, the line between success and failure is often paper-thin, and this line has only gotten thinner with the arrival of the Pandemic which completely disrupted the economic landscape of the world. Last year we witnessed first-hand the importance of having proper insight;…

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“JKH Group Revenue and EBITDA, excluding Leisure, increases by 5 per cent; handover of Cinnamon Life residential and office units to commence in March 2021”

Summarised below are the key operational and financial highlights of our performance during the quarter underreview: Despite the isolation measures adopted by the authorities due to the second wave of the COVID-19outbreak in early October 2020, which caused a slowdown in business activity and…

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DFCC Credit Cards offer greater financial freedom

19 January 2021, Colombo, Sri Lanka: DFCC Bank, as the ‘Bank for Everyone’ with a legacy of over 65 years in the banking sphere in Sri Lanka, has embarked on an aggressive card issuing and acquiring journey through the use of new technology and innovative solutions, offering…

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