Pelwatte Announces Rs. 1.86 Billion Investment in Greenfield Liquid Milk Facility to Strengthen National Nutrition

Pelwatte Announces Rs. 1.86 Billion Investment in Greenfield Liquid Milk Facility to Strengthen National Nutrition

Pelwatte Dairy Industries Limited has announced a significant new investment through its fully owned subsidiary, Pelwatte Foods (Private) Limited, to establish a Greenfield Liquid Milk Manufacturing Facility (Phase 01) at its Kurunegala plant. The investment, valued at approximately Rs. 1.86 billion, was formalised through an agreement signed with the Board of Investment of Sri Lanka […]

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National Chamber and NEDA conduct ‘Access to Finance Awareness Programme’

National Chamber and NEDA conduct ‘Access to Finance Awareness Programme’

The National Chamber of Commerce of Sri Lanka (NCCSL) and the National Enterprise Development Authority (NEDA) jointly organized a session on Access to Finance: Concessionary loan schemes for MSMEs on May 20, 2026 at the National Chamber of Commerce Auditorium. The keynote address was delivered by Chathuranga Abeysinghe, Deputy Minister of Industry and Entrepreneurship Development, […]

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Tony Pellé crafts custom leather pieces for Cinnamon Life

Tony Pellé crafts custom leather pieces for Cinnamon Life

Tony Pellé, Sri Lanka’s exclusive men’s leather footwear brand, has delivered over 6,500 custom-designed leather products for staff at Cinnamon Life, marking a major milestone in the brand’s ongoing collaboration with one of the country’s most prestigious hospitality developments. The large-scale supply includes over 5,000 pairs of genuine leather shoes alongside leather belts and customized […]

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BAN Group signals Lanka’s next leap in advertising innovation

BAN Group signals Lanka’s next leap in advertising innovation

Boutique Agency Network Group (BAN Group), one of Sri Lanka’s most progressive and award winning integrated advertising companies, has upgraded its Boutique Marketing AI Ecosystem with the latest capabilities in Agentic AI, introducing a new level of speed, intelligence, and precision to creative and media deployment. Originally introduced in 2023, the Boutique Marketing AI Ecosystem […]

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Medihelp expands to Kiribathgoda

Medihelp expands to Kiribathgoda

Medihelp Hospitals, continues its expansion with the opening of its newest branch in Kiribathgoda, marking a significant milestone in bringing quality, accessible healthcare closer to communities. This latest addition reinforces Medihelp’s commitment to expanding affordable, high-quality healthcare, particularly in underserved areas. Having strengthened its presence across the Colombo and Kalutara districts, the Kiribathgoda branch represents […]

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Sri Lanka calls on Vietnamese investors with 30 project-ready opportunities

Sri Lanka calls on Vietnamese investors with 30 project-ready opportunities

Sri Lanka has emerged from its economic crisis with renewed stability, stronger growth and a pipeline of investment-ready projects, with the country now actively courting Vietnamese investors to capitalize on opportunities across manufacturing, logistics, tourism and infrastructure. Addressing the Sri Lanka–Vietnam Trade, Investment and Tourism Cooperation Forum recently, Dr. Sulakshana Jayawardena, Acting Chairman of the […]

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CHEC marks key milestone in China-Funded housing project in Colombo

CHEC marks key milestone in China-Funded housing project in Colombo

China Harbour Engineering Company (CHEC) has achieved a major construction milestone in the China-aided affordable housing project in Colombo, with the topping out of the Maharagama site on May 12. The milestone marks the completion of the main structural works for 112 housing units, forming part of a wider 1,996-unit housing development designed to support […]

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LOLC Al-Falaah partners Euro Motors with accessibility for financial solutions

LOLC Al-Falaah partners Euro Motors with accessibility for financial solutions

LOLC Al-Falaah, the Alternate Financial Services Unit of LOLC Finance PLC, has announced the signing of a strategic partnership with Euro Motors Pvt Ltd., marking a significant step towards redefining accessibility to vehicle ownership through innovative and customer-centric financial solutions. The Memorandum of Understanding (MoU), signed on April 20, at the LOLC Head Office in […]

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People’s Bank relocates Udupiddy Service Centre

People’s Bank relocates Udupiddy Service Centre

People’s Bank recently inaugurated its Udupiddy Service Centre at a new location. The relocated Service Centre, attached to the People’s Bank Valvettiturai Branch, now provides customers in the Udupiddy area with improved access to the latest digital banking facilities and services. The opening ceremony was attended by M. Mathiyalagan, Regional Manager (Jaffna); Assistant Regional Managers […]

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