Category: Business and Economy

Hayleys Fentons achieved a significant milestone at the National Business Excellence Awards 2023 by winning four major awards in their inaugural participation at the event. At the June 20th event, Hayleys Fentons was honoured as the Overall Winner claiming the Silver Award organized by the National Chamber of Commerce Sri Lanka. The company also claimed…

Unilever Sri Lanka, in its commitment to fostering economic growth and empowering young individuals, has joined hands with the National Youth Services Council to launch an island-wide career development program. This initiative aims to create job opportunities and cultivate future-fit careers in Sales & Marketing for the youth, ultimately contributing to the country’s economy. With…

Emerald, Sri Lanka’s leading menswear brand, expanded its retail footprint with the opening of its latest store. Located on the 4th floor of the Damro Building, Wattala, the new store is a spacious and modern retail space that offers complete menswear solutions, including shirts, trousers, and fashion accessories.     The Wattala store will offer the entire…

The Ceylon Motor Traders Association (CMTA), one of the longest standing automotive associations in South Asia, has recently raised concerns regarding the fairness of current import regulations, shedding light on the importation of extravagant items such as televisions and mobile phones, while essential necessities such as a motorcycle remains restricted. The CMTA emphasizes the need…

Kumarika, the leading local hair care brand in Sri Lanka from Hemas Consumer Brands, embarked on journey over the years to connect with pilgrims who were visiting the Mihinthale Temple. These initiatives were implemented to create meaningful experiences and deepen Kumarika’s bond with its valued consumers. This year, the Mihintale initiative kicked off with a…

The Jeep Club of Sri Lanka (JCSL) recently organised the highly anticipated Jeep Club Expedition 2023, aptly named “Call of the Wild.” A group of 20 ardent JCSL members embarked on an extraordinary adventure, immersing themselves in the awe-inspiring landscapes of the majestic Yala National Park. With their families by their side, they gathered at…

Hayleys Agriculture’s continued dominance in tractor registrations for the second continuous month reinforces its reputation as the go-to choose for farmers seeking reliable and high-quality agricultural machinery solutions. Solidifying its position as the preferred choice, Hayleys Agriculture retains its market dominance in 4-wheel tractor registrations for the months of April and May 2023, with the…

Trainocate SEANM, a leading IT training provider, organized a highly anticipated “Cisco Partner Gathering” on May 17th, 2023, at their Colombo office. The event aimed to raise awareness about Cisco’s comprehensive security product portfolio and equip Trainocate’s partners with the knowledge and guidance to effectively position these solutions within their customers’ infrastructure. With cybersecurity becoming…

Four Hatch startups: Hyperglade, Miris by Islandmom, True by Tina and Feelo have acquired funding to take their businesses to the next level. The most significant of these funding opportunities came  from Silicon Valley investor Tim Draper who funded Hyperglade with  USD350,000 proving that the local entrepreneurial talent among Hatch startups are capable of making…

Hayleys Solar, the renewable energy arm of Hayleys Fentons, has completed phase 1 of the grid-tied rooftop solar PV system for Emjay International (Pvt) Ltd, a leading apparel manufacturer. This project covered Emjay’s manufacturing facilities located at Karandagolla, Kurunegala, and Panwila, Kandy. The project is part of Emjay’s ‘Mihiliya’ sustainability initiative to create energy-efficient and…