Sri Lanka’s Galadari Hotel to reopen in 2026 2Q
Galadari Hotels (Lanka) PLC said it hopes to reopen its Colombo city hotel in the second quarter of 2026. The hotel has been closed for refurbishment. Last year Galadari Hotels entered into agreements with its parent, Dubai-based Galadari Brothers LLC and Mashreq Bank PSC to get a 73.4 million Dirham loan (20 million dollars) to fund the…
Colombo 5 emerges as top-performing area in city’s property market
The latest analysis of property market data, released by the Research Intelligence Unit (RIUNIT) up to the third quarter of 2025, reveals that Area 05 (Colombo 5) provides the strongest performance across the city’s property market. A key finding of this analysis is the robust recovery in Colombo apartment prices when measured in US dollars.…
DIMO Healthcare මෙරට සෞඛ්යය අංශයේ විකිරණවේදය පිළිබඳ දැනුම තව දුරටත් වර්ධනය කිරීමට RAB සමඟ එක්වේ
ශ්රී ලංකාවේ සෞඛ්යය ක්ෂේත්රයේ විකිරණවේදය පිළිබඳ දැනුම තවදුරත් වැඩි වර්ධනය කිරීමේ අරමුණින් DIMO හි සෞඛ්යය අංශය වන DIMO Healthcare, රාජ්ය නොවන සංවිධානයක් වන Radiology Across Borders (RAB) සමඟ එක්ව, RAB VITAL අල්ට්රා සවුන්ඩ් ස්කෑන් පිළිබඳ දැනුම බෙදාදීමේ වැඩසටහන් මාලාවක් මෙරට පළමුවරට සංවිධානය කරන ලදී. මෙම වැඩසටහනට ශ්රී ලංකාවේ 80කට වැඩි වෛද්යවරුන් සහ විකිරණවේදීන් පිරිසක් සහභාගී…
Value Masters 2025 Grand Finale Crowns Sri Lanka’s Top Equity Valuation Talent
The Department of Finance, Faculty of Management Studies and Commerce, University of Sri Jayewardenepura, together with the Students’ Association of Finance, successfully concluded the Grand Finale of Value Masters 2025 at the university premises. Organized in collaboration with the CFA Society Sri Lanka and Acuity Knowledge Partners, the event marked another milestone in Sri Lanka’s…
M&S shakes up fashion supply chain to spark online growth
Reuters – Marks & Spencer is revamping its supply chain from “factory to floor”, the retailer’s new fashion boss told Reuters, as it looks to double annual online non-food sales to nearly 3 billion pounds ($4 billion). John Lyttle, who joined M&S, opens new tab as managing director fashion, home and beauty in March, said the…
Dynamic AV Technologies Partners with Naaya Group for a new Joint Venture for Advanced Acoustic Solutions in Sri Lanka
Dynamic AV Technologies (Pvt) Ltd., Sri Lanka’s premier audio-visual solutions provider and exclusive authorized partner of China’s Naaya Group, successfully concluded two landmark acoustic workshops, marking a significant milestone in advancing architectural acoustic standards across Sri Lanka’s construction industry. The strategic workshops, held at Cinnamon Life’s Lumina Auditorium and the Sri Lanka Institute of Architects…
United Motors Group posts Rs. 1.4 b profit after tax in first half, marking a sharp recovery driven by lifting of the vehicle import ban
United Motors Lanka PLC (UML) reported a strong resurgence in performance for the six months ended 30 September 2025, with the Group posting a profit of Rs. 1.41 billion compared to a loss of Rs. 119 million in the same period last year — a 1,287 percent increase. The Company’s profit rose sharply to Rs.…
Lanka Coffee Association hosts 4th AGM
The Lanka Coffee Association (LCA) held its fourth Annual General Meeting (AGM) yesterday at Waters’ Edge Hotel, Battaramulla. At the AGM, Helanta Coffee and Royalwin Ceylon International Founder and Managing Director Tharanga Muramudali was elected as the new Chairperson of the LCA, succeeding Colombo Coffee Company CEO Kushan Samararatne, who served two consecutive terms and…
People’s Leasing & Finance unveils 111th branch in Eheliyagoda
People’s Leasing & Finance PLC (PLC), a leading non-bank financial institution and a subsidiary of People’s Bank in Sri Lanka, expanded its branch network by opening its 111th branch on November 4, 2025, at No. 44, Kelin Veediya, Eheliyagoda. The opening ceremony was graced by the presence of a distinguished gathering, including People’s Leasing Chairman…
Aitken Spence Institute of Hotel Management hosts latest graduation ceremony
The Aitken Spence Institute of Hotel Management held its latest graduation ceremony at Heritance Ahungalla, marking another milestone in its mission to develop skilled professionals for Sri Lanka’s hospitality industry. Established in 2007 as part of the company’s Corporate Social Responsibility (CSR) initiative, the institute operates with support from the TUI Care Foundation and World…