M&S shakes up fashion supply chain to spark online growth
Reuters – Marks & Spencer is revamping its supply chain from “factory to floor”, the retailer’s new fashion boss told Reuters, as it looks to double annual online non-food sales to nearly 3 billion pounds ($4 billion). John Lyttle, who joined M&S, opens new tab as managing director fashion, home and beauty in March, said the…
Dynamic AV Technologies Partners with Naaya Group for a new Joint Venture for Advanced Acoustic Solutions in Sri Lanka
Dynamic AV Technologies (Pvt) Ltd., Sri Lanka’s premier audio-visual solutions provider and exclusive authorized partner of China’s Naaya Group, successfully concluded two landmark acoustic workshops, marking a significant milestone in advancing architectural acoustic standards across Sri Lanka’s construction industry. The strategic workshops, held at Cinnamon Life’s Lumina Auditorium and the Sri Lanka Institute of Architects…
United Motors Group posts Rs. 1.4 b profit after tax in first half, marking a sharp recovery driven by lifting of the vehicle import ban
United Motors Lanka PLC (UML) reported a strong resurgence in performance for the six months ended 30 September 2025, with the Group posting a profit of Rs. 1.41 billion compared to a loss of Rs. 119 million in the same period last year โ a 1,287 percent increase. The Companyโs profit rose sharply to Rs.…
Lanka Coffee Association hosts 4th AGM
The Lanka Coffee Association (LCA) held its fourth Annual General Meeting (AGM) yesterday at Watersโ Edge Hotel, Battaramulla. At the AGM, Helanta Coffee and Royalwin Ceylon International Founder and Managing Director Tharanga Muramudali was elected as the new Chairperson of the LCA, succeeding Colombo Coffee Company CEO Kushan Samararatne, who served two consecutive terms and…
Peopleโs Leasing & Finance unveils 111th branch in Eheliyagoda
Peopleโs Leasing & Finance PLC (PLC), a leading non-bank financial institution and a subsidiary of Peopleโs Bank in Sri Lanka, expanded its branch network by opening its 111th branch on November 4, 2025, at No. 44, Kelin Veediya, Eheliyagoda. The opening ceremony was graced by the presence of a distinguished gathering, including Peopleโs Leasing Chairman…
Aitken Spence Institute of Hotel Management hosts latest graduation ceremony
ย The Aitken Spence Institute of Hotel Management held its latest graduation ceremony at Heritance Ahungalla, marking another milestone in its mission to develop skilled professionals for Sri Lankaโs hospitality industry. Established in 2007 as part of the companyโs Corporate Social Responsibility (CSR) initiative, the institute operates with support from the TUI Care Foundation and World…
Swiss Foundation gifts Azurion 3M12 Angiography Machine to Karapitiya Hospital
Marking a significant milestone in Sri Lankaโs medical history, a Philips Azurion 3M12 angiography machine has been donated by the Herz Clinic Foundation, Zurich, Switzerland, to the Teaching Hospital, Karapitiya. The process was completed in record time, thanks to the excellent cooperation of the Ministry of Health, Director General Dr. Asela Gunawardena, and his team,…
Ambeon Group Reports Robust Q2 Performance with Sustained Profit Growth
Ambeon Capital PLC, the investment holding company of the Ambeon Group, reported a Profit After Tax (PAT) of LKR 3,820 million for the second quarter of the financial year 2025/26, reflecting a strong continuation of the positive trajectory established in Q1. The year-to-date PAT stood at LKR 4,551 million, compared to LKR 123 million recorded…
Beyond Beautiful: COSMIC by Citrus Redefines Luxury Events & Evening Escapes
Experience the Pinnacle of Elegance and Sophistication in Every Moment Citrus Leisure proudly unveils COSMIC, an extraordinary new concept designed to elevate luxury events and evening escapes to unprecedented heights. Crafted for those with discerning tastes and an eye for refinement, COSMIC transcends the ordinary to create immersive experiences where beauty, elegance, and sophistication converge.…
84 Tours Leads Global Push for Sri Lankaโs MICE Tourism in Strategic Alliance with Mimi Nicklin
84 Tours is a destination management company in Sri Lanka, founded by a group of visionary friends born in 1984 with a shared mission to position the island as a premier global travel destination. With a strong focus on delivering curated travel experiences, the company operates primarily through a sophisticated digital platform that enables international…