Business
Largest capacity crane in Sri Lanka unloaded at HIP

Last week, the largest capacity crawler crane in Sri Lanka was unloaded at Hambantota International Port. The crane, with a 750-ton lifting capacity, will be initially used for Hiruras Wind Power Project in Mannar. The German built Liebherr brand crane was being used in Japan and has now been imported to Sri Lanka for civil projects.
“HIP has earned itself a name for its RORO capabilities and currently we are aggressively promoting the port’s ability to handle all types of vehicles in the international market. The way this heavy equipment was unloaded at the port is a fine example of HIP’s capability. Heavy equipment coming into the port need not be carried on flat racks, but instead moved via trailers which are driven on and off the respective vessels. This notches up our safety factor as well as minimising any accidents. We believe this changes the equation even in the case of transshipment of such equipment and Hambantota International Port is open for this business,” says Tissa Wickramasinghe; the COO of Hambantota International Port Group (Pvt) Limited.
The crawler crane which consisted of 1000 tons of components was unloaded by HIP within a day. The cargo was then transferred to 42 trucks which took the equipment by road in 2 days to the project site in Mannar for assembling.
“HIP is well known for its accident free operations and for maintaining very high standards in health and safety. This is one of the key reasons for the port being a preferred choice when importing heavy equipment that need delicate handling like the crawler crane, which to date is the largest in Sri Lanka. It is the first time Japan exported such a large crane. There are only a few cranes of such capacity in Japan and only three available in the whole of South Asia. We were encouraged when HIP’s marketing team expressed the capabilities of the port, during their visit to Japan, which helped us decide to ship the crane to HIP,” says Keerthi Manthrirathna, Proprietor of Rainbow Lanka (Pvt) Limited, the largest crane rental company in Sri Lanka.
Business
Cabinet approves submission of the Annual Economic Analysis of the Central Bank of Sri Lanka for the year 2024 to the Parliament

The Cabinet of Ministers has approved the proposal forwarded by the President in his office as the Minister of Finance, Planning and Economic Development to submit the Report on the Annual Economic Analysis of the Central Bank of Sri Lanka for the year 2024 to the Parliament.
As per section 80 (3) of the Central Bank of Sri Lanka Act No. 16 of 2023, the Minister in – charge of the subject of Finance shall submit a report on the economic situation which prevailed within the particular financial year, within four months after completion of each financial year. Accordingly, the report in relation to the financial review of the Central Bank of Sri Lanka for the year 2024 has been submitted to the President. The report has envisaged macro economic trends of Sri Lanka, situation of the financial system, as well as the major developments and a review of the policies of Central Bank of Sri Lanka.
[DGI]
Business
Gigalingua Lanka opens its doors to new opportunities for Sri Lankan nurses in Germany

Gigalingua Lanka, a premier German language institute, officially launched in Colombo with a ribbon-cutting ceremony attended by distinguished guests, including Dr. Felix Neumann, German ambassador to Sri Lanka. This marks a significant milestone for Sri Lankan professionals, especially nurses, looking to expand their careers in Germany’s thriving healthcare sector.
In collaboration with its strategic partner Global Care Solutions (Pvt) Ltd – a renowned company in the foreign recruitment industry – Gigalingua Lanka offers a unique pathway for Sri Lankan nurses and apprentices to master the German language and pursue rewarding career opportunities in Germany.
Dr. Felix Neumann, the Chief Guest at the event, expressed his support for the initiative, emphasizing the importance of language education as a bridge to global career prospects. In his speech, Dr. Neumann noted, “German language is not only a means of communication, it is a gateway to global career opportunities.” He commended Gigalingua Lanka for providing valuable opportunities for Sri Lankans and addressing the critical demand for skilled workers, especially in the nursing sector in Germany.
Gigalingua Lanka is the first private institute in Sri Lanka to offer comprehensive German language training up to the B2 level, and conduct TELC exam. The institution also provides language training for apprentices, allowing them to undertake the Apprenticeship Program and contribute to the growing labor market in Germany. The collaboration between Gigalingua Lanka and Global Care Solutions is designed to meet Germany’s growing need for skilled workers, particularly in the healthcare sector.
The event was attended by a number of prominent figures, including Dr. Felix Neumann , Arthur Senanayake (chairman of IWS Holdings), Eran Wickramaratne – former MP, Chandra Schaffter – ( Founder of Janashakthi Insurance ), Dhammika Attygalle (Director Upali Group of Companies and President Automobile Association of Ceylon) Former Wing Commander Buwaneka Abeysuriya (Ex- chairman Janatha Estates Development Board).
Chairman of Global Care Solutions, Thomas Michael Kriwat, who is also chairman of the Mercmarine Group of Companies in Germany, highlighted the significance of the new training center. He said, “We are bringing world-class German occupational language training to Colombo, offering a structured, career-focused pathway for Sri Lankan professionals. By introducing TELC (The European Language Certificates) as an officially certified German language test authority, we are increasing accessibility for students seeking internationally recognized qualifications.”
At the thanksgiving speech, Dr. Rajan Sara, Managing Director of Global Care Solutions and Director of Gigalingua Lanka, outlined the critical need for foreign nurses in Germany. “Germany is facing a significant shortage of nurses, estimated to need an additional 150,000 by 2025. This is exacerbated by an aging population and increasing healthcare demands. Over 47,000 vacancies in the healthcare sector remain unfilled, making it an ideal time for Sri Lankan nurses to seize this opportunity,” Dr. Sara explained. (Gigalingua Lanka)
Business
Browns unveils new expansion strategy

In keeping with its vision to consistently evolve and address accelerated business growth needs, Brown & Company PLC recently unveiled its new state-of-the-art manufacturing and warehouse facility in Katunayake. Strategically located within minutes of the Bandaranaike International Airport and the nation’s rapidly evolving highway network, the space is positioned to significantly enhance Browns’ logistical capabilities. The hub will enable seamless access to key markets across the island, further solidifying the Company’s principal role in a cross-section of industries.
The inaugural event of the Browns Group Industrial Park was attended by Ishara Nanayakkara, Chairman, Brown & Company PLC and Deputy Chairman, LOLC Holdings PLC and Kapila Jayawardene, Group Managing Director/CEO, LOLC Holdings PLC along with key officials from the Browns and LOLC Group.
-
Business2 days ago
Colombo Coffee wins coveted management awards
-
Features3 days ago
Starlink in the Global South
-
Business4 days ago
Daraz Sri Lanka ushers in the New Year with 4.4 Avurudu Wasi Pro Max – Sri Lanka’s biggest online Avurudu sale
-
Business5 days ago
Strengthening SDG integration into provincial planning and development process
-
Business4 days ago
New SL Sovereign Bonds win foreign investor confidence
-
Sports6 days ago
To play or not to play is Richmond’s decision
-
Features3 days ago
Modi’s Sri Lanka Sojourn
-
Sports5 days ago
New Zealand under 85kg rugby team set for historic tour of Sri Lanka