Category: Business and Economy

Assetline Finance PLC, the flagship company under the financial services arm of David Pieris Holdings, strengthens its roadmap toward nationwide expansion with the opening of the 62nd branch in Kaduwela, located at Kothalawala Road, Kaduwela. The new branch highlights Assetline Finance PLC’s promise to bring financial solutions closer to people throughout Sri Lanka. Expanding into…

The Cargills Group reported a strong financial performance for the third quarter of the 2025/26 financial year, demonstrating resilience despite severe weather disruptions experienced across Sri Lanka during the period. Group revenue for the quarter reached Rs. 70.8 billion, reflecting a 14.5% year-on-year increase, while EBITDA grew 29% to Rs. 7.3 billion. Profit After Tax…

Celebrates 140 years of the brand’s innovation The Mercedes-Benz Club of Sri Lanka is proud to announce that it has successfully hosted a historic gathering of 635 Mercedes-Benz vehicles, as officially verified and certified by BDO Partners Chartered Accountants, establishing a new benchmark for the largest gathering of Mercedes-Benz cars in the world in one…

The appointment of an Advisory Council for the advancement of the Event Management industry, which holds a prominent place among the new industrial sectors identified in Sri Lanka, was held on Monday (9) under the patronage of the Minister of Industries and Entrepreneurship Development,  Sunil Handunnetti. This is the first time that the Ministry of…

NDB Bank has renewed its membership with the Parenthood Global Association for the second consecutive year, reaffirming its strong commitment to fostering a workplace culture that supports, empowers and understands the needs of working parents. This renewed partnership underscores NDB’s belief that an inclusive and equitable work environment must make space for the realities and…

Great Place To Work is set to host the Great Urban Challenge 2026 for the third consecutive year, reaffirming its commitment to fostering strong workplace cultures and meaningful connections among employees, families and communities. Designed as an immersive, city-wide experience, the event brings together fun, physical activities and strategic thinking to highlight the essential role…

Prime Lands Residencies PLC has reached a significant construction milestone with the topping out of Tower Cosmos, one of The Colombo Border development’s three residential towers. The completion of the 20 story tower’s superstructure, ahead of schedule, reinforces the company’s reputation for engineering excellence and disciplined project execution. The topping out ceremony marks a pivotal…

The winners of Prima KottuMee Hot ‘N’ Spicy Stars 2026 brought their fiery flair to the Y FM Relax Party, held at Excel World, adding an extra spark to the popular youth event. Twelve rising young stars took to the stage, having earned their place at Prima KottuMee Hot ‘N’ Spicy Stars 2026 through a…

Sri Lanka’s cinnamon industry achieved a historic milestone, with exports generating nearly Rs 8 billion( USD 260) in 2025, marking the highest annual revenue ever for cinnamon-based products. This, driven by a 23.12% increase in the first eight months, contributes to a record-setting year for total export earnings of over USD 17.2 billion. The Department…

The Export Development Board (EDB) recently organized a networking session at its head office, targeting new and potential exporters in Sri Lanka’s tea and coconut sectors. During the session, Indika Perera, Cluster Executive Director of Wichy Plantation (Pvt) Ltd, shared his industry experience under the topic “Real-life examples of entering and succeeding in challenging markets.”…