Business

Morison’s Paracetol champions child safety at Swarnavahini Children’s Day celebrations

Published

6 months ago

2025/10/30

Morison, a true Sri Lankan pioneer in pharmaceutical manufacturing, with a rich legacy of over 60 years of industrial expertise, was the Official Safety Partner for the Swarnavahini Children’s Day celebration held at Viharamahadevi Park, Colombo on 5th October 2025. The event hosted over 1,500 children and parents keenly participating in active engagement. The celebration reaffirmed Morison’s commitment to child safety and community health, highlighting the distinctive qualities, making Paracetol (Paracetamol Tablets BP 500 mg) stand out among other paracetamol brands in Sri Lanka.

As part of its role as the Official Safety Partner, Morison launched a significant safety initiative exceeding expectations of the day’s festivities. The company donated fully equipped first aid boxes to 30 under-privileged schools and 10 pre-schools island wide, selected by the Ministry of Education, accompanied by a one-year commitment to replenish these essential supplies, facilitating sustained access to basic medical necessities for thousands of children in the country creating meaningful impact.

Throughout the day, healthcare professionals conducted interactive safety and first aid awareness sessions, educating children and parents on essential emergency response skills and health safety practices. These engaging educational sessions combined practical demonstrations with fun activities, making crucial first aid tips accessible and memorable for young participants.

The combination of fun activities, educational content, safety awareness programs, and meaningful donations created a memorable experience, reinforcing Morison’s position as a trusted healthcare partner for Sri Lankan families.

In a first-of-its-kind initiative for Sri Lanka’s pharmaceutical industry, Morison awarded 20 lucky parents with exclusive factory tours of Morison’s state-of-the-art manufacturing facility in Homagama. The extraordinary openness allows consumers to witness firsthand the rigorous quality standards and advanced manufacturing processes behind every tablet or liquid manufactured in the facility, which ranges from OTC products to niche and novel therapies. It will help build trust and confidence, educating the public about pharmaceutical manufacturing excellence in Sri Lanka.

Morison’s Paracetol 500 mg tablet is distinguished in the Sri Lankan pharmaceutical market for its comprehensive local manufacturing approach. Unlike most paracetamol brands available in Sri Lanka importing intermediary forms for compression and packaging, Paracetol’s entire manufacturing process, from raw materials to finished goods, is conducted at Morison’s state-of-the-art pharmaceutical manufacturing facility in Homagama.

Building on this, Morison has also launched Paracetol Pediatric Syrup, manufactured to the same stringent quality standards, offering Sri Lankan parents a safe and reliable choice for their children’s healthcare needs.

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Business

Cambridge Award Ceremony 2026 successfully concluded at IIT–PDU

Published

1 min ago

2026/04/29

Sahan Weerasooriya

The PDU Unit of IIT–PDU successfully held a remarkable Cambridge Award Ceremony on 4th April 2026, celebrating academic excellence and student achievement.

The PDU Unit of IIT–PDU offers Cambridge English programmes from A1 to C2 levels and serves as an authorized Linguaskill examination centre, supporting students in achieving globally recognized English language qualifications.

The event recognized students of the Cambridge Linguaskill English Programme for their dedication and progress, while also honouring those who successfully completed the Linguaskill examination. The programme, which spans from A1 to C1 levels, awarded certificates to all students based on their performance, recognizing their commitment to improving their English language proficiency.

The event was graced by guests including Director and Chief Operating Officer of IIT, Sudharshan Welihinda; Haaziq Feroze, Business Development Manager – Cambridge English Sri Lanka; and Ms. Achini Fernando, Faculty Head of the Professional Development Unit.

Business

Investors agonizing over rising Brent crude oil prices

Published

2 mins ago

2026/04/29

Sahan Weerasooriya

CSE’s institutional participation marked some improvement yesterday but an increase in global Brent crude oil prices to US $ 110 and above had investors worried.

Amid those developments both indices moved upwards. The All Share Price Index was up by 40.1 points, while the S and P SL20 rose by 16 points. Turnover stood at Rs 3.09 billion with six crossings.

Those crossings were: JKH 24.1 million shares crossed to the tune of Rs 491.6 million; its shares traded at Rs 20.40, Commercial Bank 815,000 shares crossed for Rs 171 million; its shares traded at Rs 211, Alumax 6.5 million shares crossed to the tune of Rs 110 million; its shares sold at Rs 16.80, Prime Lands Residencies 1.5 million shares crossed for Rs 73.5 million; its shares traded at Rs 49, Sierra Cables 2.3 million shares crossed for Rs 72.5 million; its shares sold at Rs 31.50 and NTB 75000 shares crossed for Rs 23.5 million; its shares sold at Rs 313.25.

In the retail market companies that mainly contributed to the turnover were; ACL Cables Rs 125 million (1.3 million shares traded), JKH Rs 120 million (5.8 million shares traded), Bairaha Farm Rs 84.2 million (929,000 shares traded), Cables Solutions Rs 72.3 million (5.5 million shares traded), Prime Lands Residencies Rs 72 million (1.5 million shares traded), Commercial Bank Rs 70 million (335,000 shares traded) and Ceylon Grain Elevators Rs 61.5 million (132,000 shares traded). During the day 127.8 million share volumes changed hands in 24095 transactions.

It is said that manufacturing sector counters, especially JKH, led the market while banking sector counters, especially Commercial Bank, performed well. During the day the real estate sector and the livestock sectors also performed significantly well.

Yesterday the Central Bank announced the US Dollar rate as against rupee. The rupee was quoted at Rs 319.00/320.00 to the US dollar in the spot next market, from Rs 318.00/25 the previous day, while bond yields remained in a period of consolidation amidst mixed geopolitical interventions, dealers said.

Meanwhile, in the secondary market, bond yields were broadly steady.

A bond maturing on 15.10.2029 was quoted flat at 9.95/10.00 percent.

A bond maturing on 15.12.2029 was quoted at 9.95/10.05 percent, down from 10.00/05 percent.

A bond maturing on 01.07.2030 was quoted at 10.15/20 percent, up from 10.12/18 percent.

A bond maturing on 01.11.2033 was quoted flat at 10.95/11.00 percent.

A bond maturing on 15.06.2034 was quoted at 11.10/20 percent.

By Hiran H Senewiratne

Business

N10NT Digital launches Island Impact to reposition Sri Lanka

Published

3 mins ago

2026/04/29

Sahan Weerasooriya

In10nt Team

IN10NT Digital, a Colombo-based digital strategy firm, has announced the launch of Island Impact, a focused initiative designed to strengthen Sri Lanka’s digital identity as a global tourism destination and translate the country’s post-crisis recovery into lasting, high-value growth.

The announcement comes as Sri Lanka records its strongest tourism performance in years. In 2025, the country welcomed more than 2.3 million international visitors, generating an estimated USD 3.2 to 3.5 billion in revenue and restoring tourism as one of the nation’s primary sources of foreign exchange.

Pravinth Deepan – Founder of IN10NT Digital stated, “As a tourist destination, Sri Lanka does not have a product problem, it has a perception problem. The destinations winning in global tourism today are the ones that are best understood by their target travellers. We created Island Impact to close that gap by building the kind of digital presence for tourism entities in Sri Lanka that earns attention, generates intent, and converts it into real economic value for the country.”