Category: Business and Economy

Janashakthi Life, the fastest growing Life insurer in the country recorded 49% year-on-year increase in Gross Written Premiums (GWP) for the Q1 2025, totaling LKR 1,830 million—up from LKR 1,231 million in Q1 2024. The company’s strong top-line growth reflects its strategic focus on customer acquisition, market expansion, and product innovation. Regular First Year Premium…

Evolution Auto (Pvt) Ltd, Sri Lanka’s leading electric vehicle (EV) solution provider, has partnered with Union Bank of Colombo PLC to offer exclusive auto loans and leasing facilities to make EV ownership more accessible. This strategic collaboration enables potential buyers to seamlessly finance their preferred electric vehicles (EVs) with hassle-free financial solutions. Through this partnership,…

Continues Momentum with Strengthened Balance Sheet and Upgraded Credit Rating First Capital Treasuries PLC, a subsidiary of First Capital Holdings PLC and a leading nonbank primary dealer in Sri Lanka, announced a Profit after Tax of Rs. 3.0 billion for the financial year ended 31 March 2025, demonstrating its financial strength and resilience amid evolving…

Elevating safety standards for workers and contractors Hayleys Fentons Limited, the No.1 Mechanical, Electrical, and Plumbing (MEP) contractor in Sri Lanka, has successfully completed the installation of an advanced roof lifeline system at South Asia Textiles Limited, Pugoda. This milestone marks the introduction of a European-engineered roof lifeline system in Sri Lanka, sourced from a…

First Capital Holdings PLC, a subsidiary of JXG (Janashakthi Group), is proud to announce the elevation of its partnership with CFA Society Sri Lanka to Gold Sponsor status. This marks a significant milestone in the company’s commitment to capital market development, and its continued support for the improvement of the country’s financial services. First Capital…

Empowering the Next Generation through Sport and Community Engagement Swisstek Ceylon PLC, Sri Lanka’s trusted name in fixing, finishing, and beautification in the construction industry, extended its impactful partnership with Vidyartha College Rugby by organizing the inaugural “Swisstek Perfect Spark Mentoring Camp” – a grassroots rugby development initiative recently at the Mahiyangana Public Ground.  …

In a landmark initiative for child advocacy in Sri Lanka, Child Action Lanka (CAL) hosted the nation’s first Child Rights Council on April 5-6, 2025, at Gateway College, Colombo.    CRC represents a crucial platform for children’s participation, moving beyond traditional top-down interventions to amplify “disadvantaged children’s voices” and agency in creating social change. By providing…

At the forefront of fulfilling Sri Lanka’s dynamic energy needs, David Pieris Solar Energy – a trusted brand of David Pieris Renewable Energy (Private) Limited – has successfully completed a mega scale rooftop solar installation at the factory premises of Leema Creations (PVT) Ltd, a prominent name in the country’s interior design solutions industry. This…