Category: Business and Economy

LB Finance PLC, a premier non-banking financial powerhouse in Sri Lanka and Myanmar, has announced a transformative alliance with Huawei to overhaul its core banking infrastructure. This strategic collaboration is set to elevate LB Finance’s extensive suite of services, including Digital Wallets, Digital Banking, Loans, Leasing, Savings & Deposits, Microfinance, and Payment Cards, leveraging Huawei’s…

Singer (Sri Lanka) PLC, the innovative benchmark and leader in the consumer electronics and home appliances industry, is poised to revolutionize the two-wheel driving experience by introducing the new LIMA  ELO7 electric bike to Sri Lanka. Marking a new era of a stylish, smooth and sustainable ride, LIMA ELO7 is an elegant electric bike available…

Cleantech (Pvt) Ltd., Sri Lanka’s leading provider of integrated waste management solutions, was honored with a Merit Trophy of Commendation in the Solid Waste Recovery/Recycling/Disposal or Processing Plant category at the recently concluded Presidential Environment Awards 2024.  Under the patronage of President Ranil Wickremesinghe, the awards ceremony recognizes outstanding contributions towards environmental conservation and building…

Asian Paints Causeway, nation’s leading premium auto and emulsion paint brands has entered a strategic partnership with Pit Pass, Sri Lanka’s largest digital content platform for automobiles and racing. This is a groundbreaking collaboration as it is the first time in Sri Lankan history that a multinational coating brand has signed a co-branding agreement with…

Engineered for Profitability, the Tata Xenon Yodha will set new benchmarks in Performance, Efficiency and Durability Tata Motors, one of the world’s leading automotive manufacturers, along with its authorised distributor DIMO, announced the launch of the all-new Tata Xenon Yodha, addressing the growing demand for a versatile and reliable pick- up vehicle in the market.…

Hayleys Fentons, the first and largest company in Sri Lanka in the MEP (Mechanical, Electrical, and Plumbing) sector, contracted with Advantis 3PL Plus, the market leader in Third Party Logistics (3PL), fire protection and detection system for the warehouse, a mezzanine area of 2800 square metres, and additional storage space of 8300 square metres. This…

Neptune Recyclers, Sri Lanka’s foremost enabler of recyclable waste management, has been honoured with a Bronze Award in the ‘Solid Waste Recovery/Recycling’ Category at the recent Presidential Environment Awards 2024. The prestigious event was graced by His Excellency President Ranil Wickremesinghe, organised by the Central Environment Authority and was held on the 28th of June…

The inaugural cohort of the Generation Connect Young Leadership Programme (GCYLP) fellows completed their development week in Switzerland. The GCYLP, an initiative launched by the International Telecommunication Union (ITU) in partnership with Huawei, supports 30 fellows each year for a period of three years. Aged 18-28, the fellows will receive mentorship and financial support in their projects…

Blue Lotus 360, a trailblazer in Cloud SaaS ERP solutions for SMEs, is thrilled to announce a game-changing partnership with Platned, a global service provider renowned for its commitment to cutting-edge technology and customer-centric excellence. This strategic alliance, coupled with another significant investment from Australia where John Keells shares have been acquired, signifies a pivotal…

Groundworth Partners, a leading real estate and investment company, recently announced the launch of its prestigious real estate project, Groundworth St. Katherine Gardens, in Hokandara. This exclusive development offers an unparalleled opportunity to own an affordable piece of land within the renowned St. Katherine community, with 18 plots remaining starting at just LKR 1.595 million…