Category: Business and Economy

Hayleys Energynet Powers Critical Infrastructure for a Leading FMCG with Sri Lankaโ€™s First 300 kVA Riello UPS

Setting a new benchmark in industrial power resilience, Hayleys Energynet, a subsidiary of Hayleys Fentons Limited, has successfully deployed Rielloโ€™s first 300 kVA UPS system in Sri Lanka. This next-generation power continuity solution ensures uninterrupted operations in high-volume food production, establishing a new industry standard for critical infrastructure reliability. The project scope encompassed the complete…

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Sparking Change: How Sri Lankan Entrepreneurs Are Redefining Resilience and Sustainability

In a time when startups and businesses are navigating constant disruption, TiE Colombo is creating space for powerful conversations that matter. Through its recent Fireside Chat series, TiE Colombo brought together some of Sri Lankaโ€™s most visionary leaders to share how resilience and sustainability are no longer just buzzwords โ€” they are strategic imperatives. One…

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Janashakthi Life, the fastest growing insurer outperforms industry again in Q2 with 61% New Business Growth and 70% Profit surge

Janashakthi Life has once again proven its mettle, delivering a stellar performance in Q2 2025 and solidifying its position as one of Sri Lankaโ€™s fastest-growing life insurers. Building on the strong momentum established in the first quarter as the fastest growing insurance company, the company continues its upward trajectory with exceptional gains in profitability and…

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Diva partners with TOYOTA Lanka for โ€˜Diva Pawule Wasanawaโ€™, creating value to Sri Lankan families

Diva, one of Sri Lankaโ€™s leading laundry care brands, offered by Hemas Consumer Brands, recently entered into a historic partnership with global mobility giant TOYOTA Lanka, to launch the โ€˜Diva Pawule Wasanawaโ€™ campaign. In celebration of over two decades of trust and innovation by Diva, the campaign reflects a shared vision of enriching Sri Lankan…

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Luxury Redefined: AVATR, XPeng, IM Motors, and RIDDARA Arrive in Sri Lanka to Challenge European Giants

The Future of Luxury EVs Arrives in Sri Lanka to Rival European Giants Evolution Auto (Pvt) Ltd, Sri Lankaโ€™s leading electric vehicle company with the largest range of EVs, has officially launched a fleet of globally acclaimed premium smart electric vehicle (EV) brandsโ€”AVATR, IM Motors, XPeng, and RIDDARAโ€”marking a bold new chapter in the countryโ€™s…

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First Capital Holdings PLC reports robust Q1 FY2025/26 performance with Rs. 2.15Bn Profit after Tax

First Capital Holdings PLC (the Group), a subsidiary of JXG (Janashakthi Group) and a pioneering full-service investment institution, announced its financial results for the first quarter ended 30 June 2025, reporting a Profit after Tax (PAT) of Rs. 2.15Bn, a substantial increase from Rs. 582Mn recorded in the corresponding period of the previous year. This…

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Toyota Lanka Hosts Regional Product Exposium 2025

Toyota Lanka (Pvt) Ltd., the authorized distributor of brand-new Toyota vehicles and a leading name in the automotive industry, successfully hosted the Toyota Regional Product Exposium 2025 at its Head Office in Wattala. The event brought together over 20 participants from Toyota Motor Asia, Toyota Tsusho Asia Pacific โ€“ Singapore, Toyota Cambodia, Toyota Laos, Toyota…

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Lanka Rating Agency upgrades First Capital Holdings PLC to โ€˜A+โ€™

A testament to market strength, strategic leadership, and national financial progress First Capital Holdings PLC, a subsidiary of JXG (Janashakthi Group) and a pioneering full-service investment institution, and Lanka Rating Agency Ltd (LRA), an independent credit rating authority of Sri Lanka, are pleased to announce the upgrade of the companyโ€™s long-term credit rating to โ€˜A+โ€™…

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