Category: Business and Economy

First Capital unveils SME-focussed Advisory Services at Scale Up Sri Lanka 2025

First Capital Advisory Services (Pvt) Ltd, a subsidiary of the First Capital Holdings PLC proudly joined the Scale Up 2025 National SME Forum, organised by the Ceylon Chamber of Commerce, as the official Business Advisory Partner. At this flagship event, First Capital unveiled its newest subsidiary—First Capital Advisory Services—launched with the mission of empowering small…

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DIMO Agritech Introduces New Solutions to Mitigate Impact of Climate Change on Crops with Advisory Service

During the last decade, despite the considerable number of protected houses established for cultivation, Sri Lanka has not been able to achieve the expected targets through SMART agriculture due to a lack of technological knowledge, improper crop maintenance, and inadequate guidance.   Identifying these challenges the Agricultural arm of DIMO, DIMO Agribusinesses through its DIMO…

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Huawei Launches Five Solutions to Accelerate Aviation Intelligence

During the Passenger Terminal Expo 2025 in Madrid, Huawei launched five aviation solutions, notably including the Smart Airport Intelligent Operation Center (IOC) to advance intelligent industry upgrades. Huawei executives, including Mr. Dong Fangshuo, Vice President of Huawei’s Smart Transportation BU, Mr. Yang Guojie, Director of Transportation Industry Solution Domain from Huawei’s Data Communication Product Line,…

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IWS Logistics Boosts Efficiency and Sustainability with KALMAR DCU80 from DIMO

DIMO, a leading diversified conglomerate in Sri Lanka and the authorized distributor for KALMAR equipment in the country, recently delivered the state-of-the-art KALMAR DCU80 Empty Container Handler (ECH) to IWS Logistics (Private) Limited, one of Sri Lanka’s premier private container depot operators. This delivery reflects DIMO’s expanding presence in the country’s container handling and logistics…

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Teejay Group closes the FY 2024/25 with a remarkable Q4 performance

Teejay Group, Sri Lanka’s first multinational textile manufacturer delivered a remarkable financial performance by posting a Profit After Tax of LKR 2.8 billion marking a substantial 152% year-on-year growth during the year ended 31st March 2025. The strong bottom-line performance was driven by the rapid execution of strategic initiatives, effective cost optimisation and Teejay’s ability…

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Mercantile Investments opens 74th & 75th branches in Kilinochchi and Puthukkudiyiripu

In its continuous efforts to expand its reach and advocate financial inclusivity across Sri Lanka, Mercantile Investments recently opened two new branches in the Northern Province. These launches mark the 74th and 75th branches open by the company, further cementing its commitment to accessible, community-based financial services. The 74th branch was open at No. 151, A9 Road, Kilinochchi…

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