Category: Business and Economy

AIA Insurance Lanka Limited has entered into a strategic partnership with CBC Finance Limited, marking a significant milestone in its mission to enhance financial security and convenience for Sri Lankans. The signing ceremony held recently brought together senior representatives from both organisations, underscoring the importance of this collaboration in shaping the future of integrated financial…

Hatch Fund Singapore has announced the completion of its first investment, backing Cultive8, a fast-growing agri-technology startup with Sri Lankan roots and a rapidly expanding regional footprint. Hatch is the centre of gravity for Sri Lanka’s startup and innovation ecosystem, combining co-working, incubation, mentorship, acceleration, partnerships and venture funding to startups. This milestone investment reflects…

Associated Motorways (Private) Limited (AMW), a member of the Al-Futtaim Group and the authorised distributor for Nissan and Suzuki in Sri Lanka, has secured a commanding 55% market share to emerge as the clear market leader in the country’s Class A SUV segment for 2025. This milestone performance was driven entirely by the outstanding success…

Hayleys PLC Chairman and Chief Executive Mohan Pandithage has been named ‘Businessman of the Year 2025’  by LMD Magazine, following a year in which the group continued to hold its position as Sri Lanka’s leading listed company for the second consecutive year and for the tenth time overall. The recognition caps a period of sustained…

HNB Assurance PLC (HNBA) has announced a special relief initiative titled ‘HNB Assurance Gift of Protection,’ offering a free life insurance cover of Rs. 1 million to its policyholders affected by the recent Dithwa Cyclone. The initiative reflects the company’s deep commitment to safeguarding customers by ensuring they stay protected in any event no matter…

Ranyan Industries (Pvt) Ltd., the creators of the prestigious Amami brand, has been honored with the Silver Award and Top Achiever Award in the Small Category at the CNCI Achievers Awards 2025, organized by the Ceylon National Chamber of Industries in collaboration with the Ministry of Industry and Entrepreneurship Development. The grand ceremony, held at…

• Compensation for Fully Damaged Houses and New Housing Construction to Commence on 9 January in Anuradhapura and Kurunegala – President President Anura Kumara Dissanayake stated that the programme to provide compensation for fully damaged houses and to construct new homes for families affected by the disaster will commence on January 09th in Anuradhapura and…

Seylan Bank recently continued its support of the nation’s small and medium enterprises (SME) sector with its second SME Program in the North Central Region. Hosted at Hotel Mahanuge in Polonnaruwa, the initiative is the latest chapter in a series of developmental forums focused on improving financial literacy among small and medium business owners in…

HNB Assurance enters 2026 with renewed purpose and clear ambition as it moves into a defining phase of its 10 in 5 strategic journey. With the final leg toward achieving a 10% life insurance market share by 2026 now in focus, the company is gearing up for a year of transformation, innovation and accelerated growth.…

LOLC Divi Saviya has long stood as a symbol of compassion and solidarity, stepping forward whenever Sri Lanka and its people face moments of hardship. Today, as the nation struggles to recover from the devastating impact of Cyclone Ditwah, one of the most severe natural disasters in Sri Lanka’s history, Divi Saviya renews its commitment…