Category: Business and Economy

Prime Group, the real estate giant in Sri Lanka, celebrating 30 years of breakthrough innovation in the industry, highlighting trust, progress, and excellence, is expanding footprint with the opening the Group’s 7th branch in No. 270, Main Street, Kalutara – South. The new Kalutara branch is a strategically located and a technologically advanced space, designed…

The start of a new year calls for fresh perspectives, meaningful moments, and experiences that feel just right. This January, Cinnamon Life at City of Dreams invites guests to ease into 2026 through a thoughtfully curated range of dining experiences, each designed to match a different mood, moment, or craving, all within one destination. Whether…

HNB General Insurance Limited (HNBGI) has entered into a landmark strategic partnership with HNB Stockbrokers (Pvt) Ltd, marking a significant milestone in the HNB Group’s mission to provide seamless, comprehensive financial services via enhanced group synergy. The collaboration is designed to offer specialized general insurance solutions directly to the customers of HNB Stockbrokers, ensuring that…

Minister of Industry and Entrepreneurship Development Sunil Handunnetti noted that Sri Lanka Expo 2026, a landmark initiative that reflects Sri Lanka’s ambition to expand exports, promote Sri Lankan products globally and elevate Sri Lanka’s global presence in international markets will create new opportunities for exporters whilst strengthening the country’s economic growth. He was addressing the…

In a remarkable twist in the tourism landscape, Sri Lanka has officially claimed the title of the third fastest-growing travel destination for Australian holidaymakers in 2025, boasting an impressive 19 percent increase in arrivals year-on-year. According to the latest statistics from the Australian Bureau of Statistics (ABS), the picturesque island nation now ranks just behind…

Prime Lands Residencies PLC announced that ‘The Grand’ – Ward Place, its luxury apartment development in Colombo 07, was recently recognised at the Sri Lanka National Construction Awards, organised by the Construction Industry Development Authority (CIDA). The recognition was conferred in acknowledgement of the project’s outstanding construction excellence, with MAGA Engineering (Pvt) Ltd serving as…

NDB Bank reaffirmed its steadfast commitment to empowering Sri Lanka’s SME and MSME sectors by participating in the Revive Sri Lanka/Rising Stronger initiative, held on December 20, at Kandy City Centre. Organised by Kandy City Centre (KCC) under the guidance of its Chairman,  Thusitha Wijayasena, the programme brought together over 800 participants, including entrepreneurs, business…

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…