nVentures partners with DigiEcon Global Investment Summit to bring five leading International Venture Capital firms to Sri Lanka

nVentures Pte Ltd has partnered with the inaugural DigiEcon Global Investment Summit in 2024, organized by Sri Lanka’s Ministry of Technology. This initiative is part of the country’s far-reaching DigiEcon Sri Lanka 2030 economic strategy. A Venture Capital (VC) fund licensed under the Monetary Authority of Singapore, with a startup portfolio representing Sri Lanka, Bangladesh, […]

Lankem Agro Launches Nationwide Tree Planting Initiative for World Environment Day

June 5, 2024: Lankem Agro, the agribusiness company of the diversified conglomerate Lankem Ceylon PLC, announced a transformative initiative to celebrate World Environment Day on June 5th, followed by a tree-planting program. This ambitious effort underscores Lankem Agro’s dedication to environmental stewardship and food security, aligning with its core values and long-term sustainability goals. As […]

New Media Solutions wins two prestigious awards at 4A’s Advertising Awards 2024

June 11, 2024: New Media Solutions (NMS), a leading player in homegrown media, brand communications and public relations, recently won a Silver and a Bronze award at the inaugural Four A’s Advertising Awards 2024 for its outstanding work with Softlogic Life, Sri Lanka’s 2nd largest life insurer. NMS won the Silver award under the Integrated […]

HNB FINANCE invests in employee development through partnership with Asian International Academy

June 11, 2024: Leading integrated financial services provider, HNB FINANCE PLC, recently entered into a significant collaboration with the Asian International Academy (AIA), a renowned institution for education and higher learning. This Memorandum of Understanding (MoU) signifies a shared commitment to enhancing the professional expertise of HNB FINANCE’s staff in credit management, ultimately leading to […]

Evolza Appoints Visionary Leader Thareendra D. Kalpage as Non-Executive Chairman of the Board

Colombo, Sri Lanka – June 8, 2024 – Evolza, the trailblazing company behind the CGASS AI Platform, a top-tier AI-powered enterprise software generation platform, announced Thareendra D. Kalpage as the new Non-Executive Chairman of its Board of Directors. This milestone underscores Evolza’s commitment to achieving new heights in technological advancement and success. Thareendra Kalpage brings […]

MAS Holdings and Ambercycle Partner on Circular Polyester Offtake Agreement Three-year offtake agreement demonstrates brand and manufacturers’ support for next-gen materials made from regenerated textile waste

Colombo, Sri Lanka and Los Angeles, California – June 05, 2024 – MAS Holdings, a global apparel manufacturing and tech conglomerate headquartered in Sri Lanka, has joined forces with Los Angeles-based materials science company Ambercycle to scale up textile-to-textile regeneration in the apparel industry. The partnership, which centers around a three-year offtake agreement, reflects demand […]

Ransomware menace plagues Sri Lankan businesses:Kaspersky

Colombo, Sri Lanka: A total of 2,650 ransomware incidents were detected and blocked by Kaspersky cybersecurity solutions for businesses in Sri Lanka from January to December 2023. Experts from the global cybersecurity company insist on organisations, regardless of shape and size, to beef up their IT security posture as ransomware, especially the targeted type, continues […]

Fortude partners local and global universities to empower SL’s next-gen tech talent

May 28, 2024: Global digital technology solutions company Fortude announced its collaborations with universities in Colombo, Pune and London, with a focus on enhancing talent and empowering undergraduates with industry insights. In Sri Lanka, in addition to working closely with multiple state and private universities, Fortude recently signed MOUs with the University of Kelaniya and […]