Top professional Ranil De Silva has been appointed to the Singer Finance PLC Board as an Independent Non-Executive Director with effect from 9 March. He served as the Joint Managing Director of Aitken Spence Hotel Management and as the Managing Director of THE Hemas Hotel Sector and has wide experience locally and overseas in diverse…
Top professional Shamalie Gunawardana has been appointed as an independent Non-Executive Director at Haycarb PLC. L.L.M. (UK) Attorney-at-Law Gunawardana, is currently a joint Managing Partner of Capital City Law-Colombo, a Consultant Senior Legal Advisor to CHEC Port City (Colombo) Ltd., Board Member DFCC Bank PLC and Group Legal Consultant International Distillers Ltd. She is also…
DIMO, one of Sri Lanka’s leading conglomerates and the authorised distributor for Tata Motors Ltd. in Sri Lanka, delivered 7 units of Tata Signa 4018.S Prime Movers to Advantis Projects & Engineering Ltd., Sedawatte recently. Tata Signa 4018.S Prime Movers delivered to Advantis Projects & Engineering Ltd. offer higher power-to-weight ratio and higher torque at…
Somerset Estate, Talawakelle achieved an all-time record price of Rs. 890 on a BOPSp grade in the Western High Grown category, which was sold at the eighth E-Auctions for the year held on 23 February. This line of tea was purchased by St. Clair Teas Ltd. and was auctioned through Forbes & Walker Tea Brokers…
Dipped Products PLC has seen higher sales for its rubber gloves, due to COVID-19-related healthcare requirements. The company, which has glove making facilities in both Sri Lanka and Thailand, along with its tea and rubber plantations, reported revenues of Rs.12.3 billion for the three months to December 31, 2020 (3Q21), up 55 percent from the…
The Hayleys Group said yesterday it has maintained remarkable growth momentum in the first nine months of FY 2020/21, delivering its highest ever pre-tax profit of Rs. 11.51 billion which represents a tripling of profitability compared to the corresponding period of last year. “The performance reflects exceptional growth in the core performance of the Group’s…
Dipped Products PLC (DPL) donated gloves to the Marine Environment Protection Authority (MEPA) in aid of the national beach cleaning programme conducted in partnership with the Lions Club of Sri Lanka, as part of its ongoing commitment to environmental conservation. Read the full article here.
Dipped Products PLC (DPL) invested Rs 2.1 million towards the distribution of fertiliser for 1,500 smallholder rubber producers in the Moneragala District. A total of 90,000 kgs of fertiliser was distributed among four DPL Loyalty Farmer societies across the Moneragala District at the event organised for the ninth consecutive year. Read the full article here.
In celebration of its silver jubilee, Puritas announced the launch of 25 initiatives focused on sustainability, aimed at advancing various social and environmental causes such as biodiversity protection, animal rights and welfare, water purification, the distribution of face masks to combat COVID-19. These initiatives also include community and employee outreach and awareness building programs, focused…
Hayleys Plantations, the most respected producer of tea and rubber in Sri Lanka, made history by becoming the first plantations business sector of its kind in the world, and the first company in Sri Lanka, to officially commit to the globally-recognised Science Based Targets initiative (SBTi) aimed at reducing Greenhouse Gas (GHG) emissions. Read the…