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TikTok Unveils Enforcement Report for Community Guidelines in Q1 2026
TikTok has published its Community Guidelines Enforcement Report for the first quarter of 2026, highlighting the platform’s dedication to fostering a safe online environment for its users. This report, which encompasses data from January through March 2026, outlines the proactive measures TikTok has implemented to detect and eliminate content that breaches its Community Guidelines, thereby…
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CWIT Enhances Colombo’s Position as a Global Maritime Hub with Introduction of the Region’s Tallest Electric Cranes
Colombo West International Terminal (Private) Limited (CWIT) is steadfast in its dedication to transforming the maritime experience for stakeholders in the industry. In alignment with its vision to redefine the future of shipping, CWIT has achieved a significant milestone with the arrival of two Ship-to-Shore electric cranes and seven Cantilever Rail Mounted Gantry Cranes, marking…
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BOC Launches Pioneering Tap & Pay Mobile Wallet Service in Sri Lanka
Bank of Ceylon (BOC), recognized as Sri Lanka’s largest and most dependable commercial bank, has made a notable advancement in the nation’s digital banking sector with the introduction of BOC Flex – Tap & Pay, the country’s inaugural mobile wallet for contactless payments. Following the successful rollout of its advanced Internet and Mobile Banking platform,…
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Hayleys Aventura Launches Sri Lanka’s Pioneering Automated Rotary Parking Solution
As urban areas in Sri Lanka expand, the challenge of finding parking in increasingly cramped environments has become a significant issue. In response to this growing concern, Hayleys Aventura (Pvt) Ltd., a branch of Hayleys PLC and a prominent provider of industrial solutions in Sri Lanka, has launched the nation’s inaugural outdoor automated rotary parking…
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HIP Achieves Record-Breaking Monthly Volumes in RoRo and Container Handling
In June 2026, Hambantota International Port (HIP) achieved a record-breaking monthly throughput by processing 90,219 vehicles and 80,325 TEUs, marking the highest levels for both RoRo and container operations. This achievement signifies a significant milestone for the port’s rapidly expanding sectors. It comes after a period of strategic operational planning and proactive customer engagement, particularly…
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Ceylon Chamber Enhances Export Assistance by Introducing Innovative Pharmaceutical Documentation Service
The Commercial Documents Registration Division (CDRD) of The Ceylon Chamber of Commerce has enhanced its export assistance offerings by launching a Free Sale Letter specifically for the pharmaceutical sector. This new certification service aims to aid Sri Lankan pharmaceutical manufacturers and exporters in streamlining their export procedures and meeting compliance standards in global markets. This…
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Javelin Champion Rumesh Tharanga Appointed Brand Ambassador for Access Real Estate and Access Solar
Access Solar and Access Real Estate have proudly appointed renowned javelin thrower Rumesh Tharanga as their corporate brand ambassador through a sponsorship agreement that will extend until the 2028 Olympic Games. This collaboration was initiated at the request of Hon. Sunil Kumara Gamage, the Minister of Youth Affairs and Sports. The partnership aims to provide…
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CSSL Marks Half a Century of Pioneering Contributions to Sri Lanka’s Digital Transformation
The Computer Society of Sri Lanka (CSSL), the leading professional organization for Information and Communication Technology (ICT) experts in the country, celebrated its 50th anniversary on July 7, 2026, at the BMICH. This event highlighted five decades of excellence, innovation, and leadership in advancing Sri Lanka’s digital landscape. The significant occasion gathered esteemed figures from…
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Collaborative Declaration from Leaders of the International Energy Agency, International Monetary Fund, World Bank Group, and World Trade Organization
On July 7, leaders from the International Energy Agency (IEA), International Monetary Fund (IMF), World Bank Group (WBG), and World Trade Organization (WTO) convened as part of a high-level coordination group formed in April. Their objective is to enhance their institutions’ responses to the energy, trade, and economic repercussions stemming from the conflict in the…
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Dialog Unveils Dialog Pay: A Comprehensive Solution Integrating Connectivity, Payment Systems, and Financial Services
Dialog Axiata PLC, the leading connectivity provider in Sri Lanka, has introduced Dialog Pay, a comprehensive platform integrated within the MyDialog App. This innovative service combines connectivity, payment solutions, and financial services, representing a key step in Dialog’s mission to enhance the lives and businesses of Sri Lankans through technology. In alignment with the Government…
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Asian markets rise on semiconductor surge as oil prices spike amid renewed Gulf tensions.
Asian stock markets experienced an upswing on Thursday, buoyed by a recovery in semiconductor shares following a period of significant sell-offs. However, the overall gains were tempered by a sharp increase in oil prices, which reignited inflation concerns amid renewed conflict in the Gulf region, adversely impacting bond markets. Oil prices continued to rise for…
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Arcasia Holdings, led by Aravinda de Silva, Set to Take Majority Ownership of Industrial Asphalts (Ceylon) PLC
Arcasia Investment & Trading (Pvt) Ltd and ATX Partners (Pvt) Ltd have finalized agreements to acquire a controlling interest of 50.16% in Industrial Asphalts (Ceylon) PLC, which will necessitate a mandatory offer for the remaining shares of the company. Arcasia Investment & Trading, part of Arcasia Holdings and established by renowned Sri Lankan cricketer Aravinda…
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LB Finance Enhances Infrastructure with Huawei Partnership, Ushering in Advanced Digital Solutions for Sri Lanka
LB Finance PLC has successfully completed a comprehensive enhancement of its network infrastructure at its headquarters and branches throughout the country, significantly improving reliability, speed, and security. This initiative was executed in partnership with Huawei. According to Mr. Nirsohan Udage, the Managing Director of LB Finance PLC, “This modernization tackles the issues associated with outdated…
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Celebrating Excellence: CFA Society Sri Lanka to Host Capital Market Awards on September 10, 2026
The 13th iteration of the CFA Society Sri Lanka Capital Market Awards is set to take place on September 10, 2026, at the Oak Room in the Cinnamon Grand, Colombo. This prestigious event serves as the Society’s primary venue for acknowledging and honoring excellence within Sri Lanka’s capital markets, consistently promoting the highest levels of…
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Applications Now Open for the 34th Annual NCE Export Awards by the National Chamber of Exporters
The National Chamber of Exporters of Sri Lanka (NCE) has announced the opening of applications for the 34th NCE Export Awards, which is the Chamber’s flagship event and the longest-running program in the country dedicated to recognizing exporters. The launch took place at the Mandarina Hotel, with applications accepted until September 30, 2026. The awards…
