Modicon Engineering News Today

Sri Lanka’s premier organisation with core business interests in motor franchise imports and motor spare parts, the Ideal Group’s Exhibition Stall at ‘Industry 2022’, generated strong public interest drawing large crowds. Ideal Motor Group, showcased its supremacy by exhibiting locally assembled vehicles, home grown ATV, home grown entry level fully electric car, Mahindra approved locally […]

Sri Lanka’s premier organisation with core business interests in motor franchise imports and motor spare parts, the Ideal Group’s Exhibition Stall at ‘Industry 2022’, generated strong public interest drawing large crowds. Sri Lanka’s premier fully fledged automotive player,Ideal Motor Group, showcased its supremacy by exhibiting locally assembled vehicles, home grown ATV, home grown entry level...

HNB PLC signed on as a partner to the ‘Lanka Remit’ mobile app, initiated by the Central Bank of Sri Lanka (CBSL) to encourage the use of formal channels for inward remittances. The National Remittance Mobile Application provides Sri Lankans working overseas direct access to formal remittance channels that provide secure, convenient, and cost-effective methods […]

Sri Lanka’s tourist arrivals crossed the 30,000 mark in the first 10 days of February. The provisional data from the Sri Lanka Tourism Development Authority (SLTDA) showed that the country welcomed a total of 31,343 tourists from1st – 10th. February. The arrival rate for the month of February brings the daily arrival average to 3,134. […]

Bank of Ceylon collaborates with CBSL to promote ‘Lanka Remit’ national remittance mobile app In line with the Central Bank of Sri Lanka’s (CBSL) initiative to encourage inward remittances to the country, Bank of Ceylon joined the initiative to promote the “Lanka Remit” mobile app that was developed by Lanka Clear Ltd. In appreciation of […]

The national insurer Sri Lanka Insurance partners with NTB Bank to provide a comprehensive Cash Management and Collection solution with the installation of a ‘Smart ATM’ at the Sri Lanka Insurance Head Office premises. The comprehensive integration of systems provides features such as real-time account number validation, bill presentation and detailed receipt issuance to payees […]

Maxims Holdings,a diversified Board of Investment (BOI) company converted the rooftop of its ultra modernware housing complex at Old Road, Mulleriyawa into a solar generator,producing 880 MW annually. It is aimed at cutting energy costs and reducing grid energy reliance. The installation will reduce the company’s annual Carbon Dioxide by 627 metric tonnes (MT). Maxims […]

The Colombo Stock Exchange (CSE) recognised students of the Advanced Diploma in Financial Markets (ADFM) at a ceremony which was held on 9th February 2022 at the Victorian Hall, Kingsburry Hotel. The event marks a milestone in the CSE’s efforts to foster financial literacy and education in the capital market as it is the first […]

Sri Lanka’s premier organisation with core business interests in motor franchise imports and motor spare parts, the Ideal Group’s exhibition stall at ‘Industry 2022’, generated strong public interest drawing large crowds. Sri Lanka’s premier fully fledged automotive player,Ideal Motor Group, showcased its supremacy by exhibiting locally assembled vehicles, home grown ATV, home grown entry level […]