E.B. Creasy Solar, the renewable energy arm of E.B. Creasy & Co., PLC, has partnered with Kotagala Plantations PLC to install a 1 MW rooftop solar power system, reaffirming its commitment to supporting Sri Lanka’s transition towards sustainable energy solutions. This milestone project reflects the shared vision of both organizations to integrate renewable energy into […]
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Micro, Small and Medium Enterprises (MSMEs) continue to play a pivotal role in driving Sri Lanka’s economy through employment generation, regional development, entrepreneurship, and income distribution. Recognising the importance of this sector, People’s Bank further strengthened its commitment to MSME development in 2025 by expanding its MSME business volume to LKR 20.8 billion, reinforcing its […]
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WSO2 announced that its Founder and Chief Executive Officer, Dr. Sanjiva Weerawarana, will step down from his role as CEO with effect from June, 2026. The Board of Directors has initiated a search for a permanent CEO and has appointed WSO2’s Chief Revenue Officer Devaka Randeniya as Acting Chief Executive Officer to lead the company […]
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Sri Lanka Insurance Corporation General Limited (SLICGL) has achieved a historic milestone, becoming the first General Insurance (GI) company in Sri Lanka to surpass LKR 30 billion in Gross Written Premium (GWP). The landmark achievement sets a new benchmark for the industry and demonstrates SLICGL’s unmatched strength, credibility, and customer trust. In addition to this […]
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A 2025–2026 World Bank enterprise survey reveals Sri Lanka’s post-crisis recovery is a “growth mirage” where firms are increasing sales and employment, but not labor productivity. While exporters are innovating, they are underperforming domestic-facing firms, indicating a structural crisis where productivity declines as firm size increases. To drive sustainable growth, policy must shift toward improving […]
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Groundworth (Pvt) Ltd proudly announces the launch of “The Infinity by Groundworth”, a premium land development located in Piliyandala–Polgasowita, one of Colombo’s most rapidly expanding suburban corridors. The Infinity combines accessibility, convenience, and long-term capital appreciation within a well-planned and emerging residential landscape. It is strategically positioned for modern residential living and high-growth investment possibilities. […]
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A high-level fireside panel featuring Jeff Hoffman, Jeevan Gnanam and Yuen Wong, moderated by Cherrie Chan, explored how travel innovation, entrepreneurship, and digital / AI infrastructure can help Sri Lanka compete more effectively on the global stage. Held under the theme “The Sri Lanka Destination Stack – How can travel innovation, entrepreneurship, and digital / […]
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David Pieris Automobiles (Private) Limited (DPA) marked another significant milestone with the delivery of eight (08) BAIC X55 vehicles to Chevron Lubricants Lanka PLC, which markets the strong Caltex brand in Sri Lanka. This delivery reinforces David Pieris Automobiles’ continued efforts to strengthen its portfolio of internationally acclaimed brands while supporting corporate customers with robust […]
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Classic Travel has once again secured top honours at the Malaysia Airlines Trade Elevation Summit 2026, winning the prestigious Golden WAU Award and continuing its consecutive run of recognition at the global industry event. The awards ceremony, took place on 14th May at Shangri-La in Kota Kinabalu, recognises outstanding global trade partners that continue to […]
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Revenue: Rs.47.3Bn, up 9% YoY and NPAT: Rs.9.2Bn up +)100% YoYTaxes Paid to GoSL: Rs.16.0Bn (Rs.5.1Bn in Direct, Rs.10.9Bn Indirect)Investment in Digital Infrastructure: Rs.5.5Bn; Operating Free Cash Flow (OFCF): Rs.14.6Bn up +8% YoYFirst Interim Dividend: Rs.0.70 per share; Annualized Dividend Yield of 9.2% Dialog Axiata PLC announced its consolidated financial results for the quarter ended […]
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