Category: Business and Economy

Coffey & Consult, the Oklahoma-based leader in human-centered technology consulting and AI enablement, is proud to announce a new international partnership with Banuka (Banu) Athuraliya, founder of Andro Dollar Network (PVT) LTD and a globally respected technology strategist based in Sri Lanka. Known online as Andro Dollar, Banu blends his expertise in technology, entrepreneurship, and…

The David Pieris Group, one of Sri Lanka’s largest and most diversified conglomerates, has announced a strategic partnership with HelaGo, the revolutionary ride-hailing platform introduced by the Helakuru Superapp, to jointly advance a fair, transparent and locally empowered mobility ecosystem in Sri Lanka. The partnership agreement was officially signed between David Pieris Motor Company (Lanka)…

Nations Trust Bank PLC reported strong financial results for the 9 months ending 30th September 2025, reporting a Profit After Tax (PAT) of LKR  14.9Bn, up 23% YoY. The Bank’s performance is underpinned by strong asset growth, steady Net Interest Margins (NIMs) and asset quality with a Net Stage 3 Ratio of 1.03%. A strong…

On the sidelines of the ICC Asia Pacific Regional Consultative Group (RCG) Meeting and the ICC Academy Supply Chain Finance Summit in Singapore, the International Chamber of Commerce (ICC) Sri Lanka signed a National Committee Partnership Agreement with the ICC Academy, the educational arm of the International Chamber of Commerce (ICC). This Agreement was formalised…

Prima KottuMee has once again teamed up with Havelock Sports Club as an official sponsor for the 2025/26 rugby season. This marks many years of sporting partnership, reaffirming the brand’s commitment to elevate the sport by investing in national, professional and school levels of the game. The announcement came as Havelock Sports Club unveiled its…

A Shrimp Industry Information System that provides real-time data and analytics has been launched in Sri Lanka by the UN’s Food and Agriculture Organization, the Ministry of Fisheries and the National Aquaculture Development Authority, and funded by South Korea’s Ministry of Oceans and Fisheries. “The SIIS is more than a platform – it is an…

 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…

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.…

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…

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…