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 […]
Watawala Plantations PLC appoints Reyaz Mihular as Chairman and bids farewell to Sunil G. Wijesinha
Colombo, May 29, 2024: Watawala Plantations PLC announced the appointment of Reyaz Mihular as the Chairman, succeeding Sunil G. Wijesinha, who is stepping down after completing a long tenure of 12 years with the company. Reyaz Mihular is an accomplished professional in the financial and corporate sectors, having held various significant senior management roles throughout […]
Photo-caption on Business Plan Training Workshop
32 collectors from Colombo and Gampaha districts benefited from a comprehensive 3-day Business Plan Training Workshop, a joint initiative by Acted Sri Lanka and The Coca-Cola Foundation. Conducted by Industrial Services Bureau (ISB) consultants, including master trainer Mr. Ashoka Hewarathne and assistant trainer Mr. Mahinda Wickramasinghe, participants learned to develop tailored business plans focusing on […]
Nawaloka Hospitals Celebrates Vesak Poya with Grand Festivities and 10,000 Vegetarian Dinner Packs
Nawaloka Hospitals PLC illuminated its premises with vibrant hues on May 23, marking the 10th consecutive year of celebrating Vesak Poya Day. The event, organized by Chairman Dr. Jayantha Dharmadasa and dedicated staff, was a testament to the spirit of community and teamwork that defines the hospital. The centerpiece of the celebration was a grand […]
AIR INDIA APPOINTS HAYLEYS AS GENERAL SALES AGENT (PASSENGER) IN SRI LANKA
GURUGRAM/COLOMBO, 06 June 2024: Air India, India’s leading global airline, has selected Hayleys, Sri Lanka’s leading blue-chip multinational conglomerate, as its General Sales Agent for passenger sales in Sri Lanka. Leveraging the expertise, scale, and reliability of the Hayleys Group, the partnership will further enhance Air India’s presence in Sri Lanka to support the airline’s […]
Nawaloka Hospitals, Sri Lanka’s Top Healthcare Brand, Reports Impressive Profit Growth in FY 2023/24
June 6th, 2024: Nawaloka Hospital Group, Sri Lanka’s leading private-sector healthcare provider and the country’s top healthcare brand, has announced an outstanding financial performance for the fiscal year 2023/24, showcasing its resilience and commitment to operational excellence. For the year ending March 31, 2024, the company reported a consolidated net profit after tax of Rs.347.8 […]
Softlogic Life Lights Up Colombo with a Sri Lanka’s first location based augmented reality (AR) Vesak experience
May 31, 2024: Sri Lanka’s most innovative life insurer, Softlogic Life, brought a new meaning to Vesak celebrations in Sri Lanka this year with a cutting-edge augmented reality (AR) experience. Enhancing the traditional festivities with a blend of technology and spirituality, this unique effort was Sri Lanka’s first geo-located AR experience. Placed at the Softlogic […]
MAS Kreeda Secures 10 ROSPA Gold Awards for Outstanding Health & Safety Performance
Global apparel-tech conglomerate, MAS Holdings, announced the outstanding achievement by its subsidiary, MAS Kreeda, which was honored with ten Gold Awards by The Royal Society for the Prevention of Accidents (ROSPA) for their exemplary health and safety performance for the year 2023. The ten MAS Kreeda strategic business units (SBUs) recognized were, Kreeda Balangoda, Kreeda […]
