By Professor Devaka Weerakoon, Department of Zoology and Environment Science, University of Colombo Sri Lanka’s decision to phase out oil palm cultivation has been shaped by perception rather than policy. At the center of the debate lies a powerful claim: that oil palm poses a significant threat to biodiversity and the environment. Scientific evidence however, […]
Category: Industry
CMTA warns of further Rs. 40 billion revenue leakage in 2026, calls for urgent removal of 15% depreciation
The Ceylon Motor Traders’ Association (CMTA), the senior-most automotive association in Sri Lanka affiliated with the Ceylon Chamber of Commerce, has issued an urgent appeal to the government to abolish the 15% depreciation currently granted on used vehicle imports, warning that the concession is causing massive revenue leakages at a time when the country can […]
HayWind Receives First 25 MW of Turbines for Mannar Wind Farm
HayWind One Limited, the wind energy arm of Hayleys Fentons Limited, has achieved a major milestone in the development of its 50 MW Wind Farm Project in Mannar, with the first 25 MW out of the total 50 MW wind turbines successfully arriving at the Trincomalee Port. Once operational, the project is expected to generate […]
Sri Lanka Insurance Corporation General introduces ‘SLICGL Digital’ for smart and seamless motor insurance
Sri Lanka Insurance Corporation General Limited (SLICGL), the nation’s No. 1 General Insurer, has launched a ‘SLICGL Digital’ App’ recently. With over 60 years of trusted, government‑backed service, SLICGL brings the credibility of a proven institution to a modern digital experience. Through the SLICGL Digital App, motor insurance is now truly at one’s fingertips. Customers […]
Evolution Auto and EVO Charge Power Up Peliyagoda with High-Speed 60kW Dual-Gun at the Evolution Auto Aftersales Complex
Reinforcing its commitment to advancing electric mobility in Sri Lanka, Evolution Auto, in collaboration with EVO Charge, has officially launched a 60kW dual-gun DC fast charging station at the Evolution Auto After Sales Complex in Peliyagoda. By introducing high-capacity fast charging to an area that did not previously have such facilities, this strategic initiative represents […]
Over 200 Models and 50+ Designers Audition for Sri Lanka’s First Women’s Fashion Week
CCWE Fashion Week & International Summit 2026 – Model & Designer Open Call The Ceylon Chamber of Women Entrepreneurs (CCWE) held its Model & Designer Open Call yesterday at the City of Dreams CMB, Colombo, in a landmark step toward Sri Lanka’s first-ever fashion week dedicated exclusively to women entrepreneurs. The auditions drew more than […]
JAAF reaffirms confidence in long-term strength of Sri Lanka’s apparel industry
Sri Lanka’s apparel exports recorded a softer performance in April 2026, with total exports declining by 4.72% to US$ 328.15 million, compared to US$ 344.40 million in April 2025. The decline was mainly seen across key traditional markets, with exports to the UK down 16.91%, the EU down 8.78%, and the USA down 3.46%. However, […]
PodHUB and Dongfeng explore Sri Lanka’s EV shift through ‘Driving Tomorrow’ podcast series featuring Omal Balapatabendi
Sri Lanka’s relationship with mobility has changed significantly over the past few years. What was once a routine part of daily life, became uncertain during the height of the fuel crisis, forcing people to rethink how they travelled, worked, and managed their everyday responsibilities. Against this backdrop, a new podcast series hosted by PodHUB and […]
Basilur Tea celebrates International Tea Day with launch of ‘Roots of Ceylon’
The Sri Lankan premium Ceylon tea brand, Basilur Tea, launched the ‘Roots of Ceylon’ initiative in celebration of International Tea Day, inviting tea enthusiasts to tie into the rich history of Ceylon tea. With 202 years having passed since the first tea plants arrived in Sri Lanka, this year’s celebration marked a significant milestone in […]
Automobile Industry Unveils Revolutionary Trophy Inspired by Dürer’s ‘Praying Hands’
Challenging long-held perceptions of what industry recognition represents, a new automobile industry award has been unveiled, one that shifts the spotlight from victory to sacrifice. This pioneering trophy, which was inspired by the enduring story of Albrecht Dürer’s Praying Hands, redefines appreciation by recognizing not just achievement but also the unseen individuals who made it […]