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Pharma Chamber welcomes drug price revision linked to rupee devaluation; calls for fair pricing formula

The Sri Lanka Chamber of Pharmaceutical Industry has welcomed the move by the government, in consultation with the National Medicines Regulatory Authority (NMRA), to gazette a 14.4% increase in the Maximum Retail Price (MRP) of 60 price-controlled pharmaceutical drug molecules.

"The increase in the Maximum Retail Price of all price-controlled molecules will provide all our stakeholders with a measure of relief from the escalating cost burden created by extreme rupee devaluation," said SLCPI president Shyam Sathasivam.


Christell Skin Clinic, first skincare provider in Sri Lanka to acquire ISO 9001 certification


Christell Skin Clinic has been awarded the prestigious ISO 9001:2015 certification by the SGS certification body. In true testament to its motto –‘Bring out the best in you!’-, the leading skincare provider has become the first such c...

D Tech and Spexbay launch eyewear online store


D Tech (Pvt) Limited, a leading enterprise solution provider in Sri Lanka and a member of the DSI Samson Group, has successfully launched Spexbay (, an online storethat specializes in eyewear.The Spexbay online store offers the latest...

Lanka IOC Managing Director Shyam Bohra completes his tenure


Shyam Bohra has completed his tenure in Sri Lanka & shall be moving back to the parent company M/s Indian Oil Corporation .Shyam Bohra took over as the head of Lanka IOC in Sep.15 and has been responsible for bolstering the brand’s image an...

EFL charting a course towards a sustainable logistics industry


Recommitting itself to effective climate action in accordance with United Nations Sustainable Development Goals (UNSDG), leading global logistics service provider Expolanka Freight (Pvt) Ltd (EFL) announced that it secured ISO 14064 Certification on Gr...

i-Ed Australia makes Australian education dreams a reality


For a nation like Sri Lanka where literacy rates are at the highest in the region, education is of imperative importance. Many therefore not only pursue primary and secondary education, but also have a keen interest in tertiary education.

Statement on Google suspending some business with Huawei

Huawei has made substantial contributions to the development and growth of Android around the world. As one of the key global partners, we have worked closely with their open source platform to develop an ecosystem that has benefitted both users and th...

Second batch of PIM’s MBA in Oman inaugurated


Postgraduate Institute of Management (PIM), the nations’ management mentor created another milestone by inaugurating the second batch of MBA students in the Sultanate of Oman. Anslem Perera, chairman & CEO, Business Process Outsourcing Servic...

Huawei to invest 35 million Euros in Paris OpenLab

Huawei said it will invest 35 million Euros in its Paris OpenLab over five years. Speaking at the VivaTech Conference in Paris, Huawei Deputy Chairman Ken Hu said the investment showed confidence that France was on the way to become a global innovation...

Cashwagon becomes first associate member of FASL

Samila Fernando, CEO of Cashwagon Sri Lanka announced the news of the company’s acceptance by FASL, noting that: "We are very proud to be chosen the first company in Sri Lanka to obtain membership in such a respectable organization as FASL.

Ideal Motors partners with PickMe to facilitate business opportunities


PickMe, Sri Lanka’s most successful technology driven transportations network recently entered into a partnership with Ideal Motors (Sole Authorized dealer and distributor of Mahindra) to strengthen PickMe’s truck fleet. Accordingly, driver...

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