ZEYO News (2025)

06/04/2025

MAGA Engineering Celebrates 40 Years of Building Sri Lanka’s Future
By ZEYO News Business Desk | April 6, 2025

MAGA, one of Sri Lanka’s most trusted names in construction and infrastructure development, marks a significant milestone this year—40 years of transforming the nation’s landscape. Since its inception, MAGA has been at the forefront of delivering enduring, socially impactful infrastructure that is both functional and aspirational.

From towering high-rises and hospitals to highways and water treatment plants, MAGA’s expansive portfolio showcases its deep-rooted commitment to innovation, safety, and sustainable growth. The company credits its four decades of success to its core values: quality, safety, timely delivery, and a vision that adapts to changing needs.

“This anniversary is not just a celebration of our legacy, but a tribute to the trust placed in us by our partners, clients, and the people of Sri Lanka,” MAGA stated in a commemorative message published across national media. The statement further extended gratitude to their employees, consultants, and stakeholders for their tireless work in shaping a modern Sri Lanka.

As the company looks to the future, it reaffirms its dedication to excellence in design, engineering, and construction—ready to tackle the challenges of tomorrow with the same spirit that fueled its journey from day one.

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06/04/2025

ZEYO News
Alms-Giving Campaign Launched to Aid Earthquake Victims in Myanmar & Thailand

The All Ceylon Shasanarakshaka Mandalaya has organized an islandwide alms-giving on April 11 to support Myanmar and Thailand, both affected by a recent devastating earthquake.

The initiative, led by Ven. Uthurawala Dhammanrathana Thera, calls on Sri Lankans to donate funds and express solidarity with their Buddhist brethren overseas.

A key alms-giving event will be held on April 6 at 4 p.m. in Kiribathgoda ahead of the main islandwide effort.

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06/04/2025

Buddha’s Sacred Relics from Gujarat to Arrive in Sri Lanka for Vesak Celebrations

10/03/2025

Sri Lanka Accelerates Shift to Renewable Energy with Peradeniya University’s Solar Grid Integration

In a significant move towards energy independence, Sri Lanka is steadily reducing its reliance on crude oil and coal by embracing renewable energy solutions. The latest milestone in this journey is the Peradeniya University’s initiative to integrate solar power into the national grid, a project aimed at cutting the university’s Rs. 4.4 million monthly electricity bill by half.

As part of the university’s Centennial Development Plan, solar panels have been installed at the Engineering, Arts, and Medicine Faculties, with a daily generation capacity of 6,000 kWh under optimal conditions. In the initial phase, systems installed at the Engineering and Science Faculties are already contributing 1,200 kWh of electricity to the grid. With further expansion at the Medicine Faculty, the total contribution is expected to reach 45% of the university’s total electricity consumption.

This initiative aligns with the NPP government’s strong commitment to making Sri Lanka an energy-secure nation. Under its leadership, the country is witnessing a decisive transition towards renewables, aiming to phase out dependence on imported fossil fuels. Recent years have seen an increase in solar and wind energy projects, supporting the government’s ambitious target of generating 70% of electricity from renewable sources by 2030.

The Peradeniya University project serves as a model for other institutions and businesses looking to reduce costs while contributing to national sustainability goals. As Sri Lanka continues its shift towards clean energy, initiatives like these reinforce the country’s resilience against global fuel price fluctuations and set the stage for a future powered by renewables.

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06/03/2025

🇮🇳 Indian Actresses Aditi Singh and Phalguni Khanna in Traditional Sinhalese Kandyan Osari 🇱🇰

Bollywood actresses Aditi Singh and Phalguni Khanna recently embraced the elegance of Sri Lanka’s traditional Kandyan Osari during their visit to the Temple of the Sacred Tooth Relic (Sri Dalada Maligawa) in Kandy. The duo, known for their grace and poise, were seen in intricately designed white Osari outfits, blending seamlessly with the serene and spiritual atmosphere of the historic Buddhist site.

Their visit comes as part of their involvement in the upcoming film “Gautama Buddha Matha,” which delves into themes of spirituality, culture, and the life of Buddha. The film is expected to showcase the deep historical and religious ties between India and Sri Lanka, paying homage to the shared Buddhist heritage.

Their attire, a nod to Sri Lanka’s rich cultural traditions, has been well-received, with many praising their respect for local customs. The Kandyan Osari, traditionally worn by Sinhalese women on special occasions, embodies elegance with its intricate lacework and draping style, making it a symbol of Sri Lanka’s timeless heritage.

Stay tuned for more updates on ZEYO News as we bring you exclusive insights from the set of Gautama Buddha Matha!

26/02/2025

The World is Healing: Bumble’s Stock Collapse Marks the End of the Modern Dating Era?

In a shocking turn of events, Bumble Inc. (NASDAQ: BMBL) has seen its stock plummet 40% in just five days, marking a 60% decline over the past year. Once valued at a staggering $14 billion in 2021, the dating app’s market cap has now shrunk to a mere $560 million—a sign that the tides may be turning against the modern dating industry.

A Falling Empire?

Despite efforts to refresh its app, introduce new features, and cut costs, Bumble’s decline suggests that its business model may no longer be as attractive to investors—or to users. The company’s “Make the First Move” feature, designed to empower women in online dating, has been expanded with “opening moves” to encourage better conversations. However, this has done little to stop the massive drop in user engagement and investor confidence.

The World is Healing

This crash in Bumble’s stock could indicate a larger shift in dating culture. Many have criticized modern dating apps for fostering short-term relationships, transactional interactions, and an overall decline in genuine human connection. Could this be a sign that people are moving away from algorithm-driven romance and back toward traditional, organic relationships?

With Bumble’s collapse, is the online dating bubble finally bursting? As investors pull out and users become disillusioned, this might be the first major signal that the modern dating app era is in its final chapter.

What’s Next?

As Bumble struggles to retain relevance and recover investor trust, the bigger question remains: Are we witnessing the beginning of the end for dating apps as we know them?

Share your thoughts below! Is the world truly healing, or is this just another market correction?

16/02/2025

🌍⚡ India Unveils the World’s Largest Renewable Energy Park in Khavda, Gujarat! 🇮🇳☀️💨

In a historic move towards sustainability, India has launched the world’s largest renewable energy park in Khavda, Gujarat, covering a massive 538 sq km—five times the size of Paris!

🔋 30 GW of green energy will be generated through a hybrid mix of solar and wind power, making this a game-changer in India’s journey towards Net Zero by 2070.

🏭 Why Khavda?
✅ Strong wind currents & high solar radiation
✅ Vast, arid land with minimal environmental impact
✅ Strategic push for energy security & industrial growth

🌱 With this mega-project, Gujarat is set to become India’s renewable energy powerhouse, attracting billions in investment and generating thousands of jobs.

💡 As the world battles climate change, India is leading the way with bold action! 🇮🇳✨

📢 What do you think about this massive green energy initiative? Drop your thoughts below! 👇

16/02/2025

🚀 NASA Monitors Asteroid 2024 YR4: A Potential Earth Impact in 2032?

A newly discovered asteroid, 2024 YR4, has captured global attention due to its potential risk of colliding with Earth on December 22, 2032. With a 2.3% chance of impact, space agencies worldwide are closely monitoring its trajectory to assess the level of threat.

Asteroid 2024 YR4: What We Know So Far

🔹 Size: Estimated to be between 40 to 90 meters in diameter.
🔹 Potential Impact Energy: Could release energy equivalent to 7.7 megatons of TNT, enough to cause severe localized destruction.
🔹 Discovery: First spotted on December 27, 2024, by ATLAS (Asteroid Terrestrial-impact Last Alert System) in Chile.
🔹 Current Risk Level: Rated Level 3 on the Torino Impact Hazard Scale, meaning it is an event worthy of continued attention.

What’s Being Done?

🌍 NASA, ESA, and international space agencies are tracking 2024 YR4’s path using advanced telescopes and radar systems.
🔭 The James Webb Space Telescope will observe the asteroid in March 2025 to provide more precise trajectory estimates.
🚀 The United Nations’ Planetary Defense Coordination Office has also taken action, highlighting the seriousness of the situation.

Should We Be Worried?

While a 97.7% chance remains that the asteroid will miss Earth, further observations over the next few years will refine predictions. Scientists emphasize that while the risk is low, monitoring and preparation are key. If needed, planetary defense measures such as deflection missions could be explored.

The Bigger Picture

Asteroid 2024 YR4 serves as a wake-up call for planetary defense initiatives. It highlights the need for early detection, global collaboration, and investment in impact mitigation technologies.

🚀 Stay tuned to ZEYO News for the latest updates on this developing story.

16/02/2025

Tesla Prices Continue to Decline as Cybertruck Leads the Drop

By ZEYO News

Tesla’s vehicle prices continue their downward trend, with the average price dropping 1% in the past 30 days, according to data from CarGurus. Over the past 90 days, Tesla prices have fallen by 5.49%, reflecting a broader market correction in the EV sector.

One of the fastest-declining models is the Cybertruck, which has seen significant price drops since its launch. While Tesla has historically adjusted pricing to stimulate demand, this sustained decline signals a shift in market dynamics. Increased competition, shifting consumer sentiment, and fluctuations in raw material costs could be contributing to the downward pressure on Tesla’s prices.

With EV inventories rising and interest rates affecting buyer affordability, Tesla’s pricing strategy will be closely watched in the coming months. Will the price cuts drive another surge in demand, or are deeper challenges ahead for the EV giant?

🔋🚘 Stay tuned for more updates on ZEYO News.

09/02/2025

BREAKING: Islandwide Power Outage – Immediate Restoration Efforts Underway

🚨 Colombo: A sudden islandwide power outage has been reported across Sri Lanka. The Ceylon Electricity Board (CEB) has confirmed the issue and is taking urgent steps to restore electricity as swiftly as possible.

⚡ Technical teams have already been deployed, and restoration efforts are in progress. The government has assured the public that every possible measure is being taken to resolve the situation at the earliest.

⚠️ Authorities apologize for the inconvenience and emphasize their commitment to preventing such disruptions in the future by strengthening the country’s power infrastructure.

🔄 More updates to follow as the situation develops. Stay tuned to ZEYO News for the latest information.

05/02/2025

“USAID Global Staff Reduction: Potential Impact on Sri Lanka’s Aid Programs”

The U.S. Agency for International Development (USAID) has announced that all direct-hire personnel will be placed on administrative leave globally from February 7, 2025, except for those in mission-critical roles. Staff stationed outside the U.S. will be repatriated within 30 days, with exceptions considered for essential needs or hardships.

This move could have a significant impact on Sri Lanka, as USAID has been a key partner in funding development projects, humanitarian aid, and economic assistance. Programs related to infrastructure, education, agriculture, and disaster relief may face delays or funding uncertainties.

With the possibility of reduced USAID presence in Sri Lanka, questions arise about how ongoing projects will be managed and whether alternative funding sources will step in.

Stay tuned for updates on ZEYO News.

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