BiZ CoM.LK

Groundworth Launches “The Infinity” – Exclusive Land Development in Piliyandala – Polgasowita Positioned for Rapid Growth and Investment Potential

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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. […]

Sri Lanka Positioned as a High-Value Tourism and Innovation Hub at Fireside Panel on the “Destination Stack”

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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 / […]

David Pieris Automobiles delivers BAIC X55 fleet to Chevron Lubricants Lanka

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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 […]

Classic Travel Wins Gold for Consecutive Years at Malaysia Airlines Trade Elevation Summit 2026

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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 […]

Dialog delivers strong Q1 2026 financial performance

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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 […]

Industrial activity up, tourism earnings, financial market indicators dip

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Sri Lanka’s economy reflected mixed trends across key sectors during the week ending May 15, with industrial activity showing improvement while tourism earnings and financial market indicators recorded declines, according to the latest Weekly Economic Indicators released by the Central Bank of Sri Lanka (CBSL). In the real sector, the Central Bank said tea production […]

SME NEXUS National SME Strategy Framework 2026 to revolutionize business landscape in Sri Lanka

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The SME NEXUS National SME Strategy Framework 2026 was officially launched in Colombo on May 13, 2026. Held at the Grand Maitland, the initiative, spearheaded by the Ministry of Industry and Entrepreneurship Development, focuses on empowering small and medium enterprises (SMEs) through digital transformation and policy consistency. The main purpose of the initiative was to […]

Ceylon Chamber of Commerce to host Sri Lanka Climate Summit 2026

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As climate rules tighten globally and investor expectations shift from commitment to compliance, climate action is now directly tied to trade, competitiveness, and access to finance. Against this backdrop,The Ceylon Chamber of Commerce will host the second edition of the Sri Lanka Climate Summit on 9 June 2026 at the Taj Samudra Hotel, convening policymakers, […]

SLT-MOBITEL delivers strong revenue and profit growth in Q1 2026

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The SLT Group reported a strong start to the year, posting double‑digit revenue growth and significantly higher profitability in the first quarter of 2026 compared to Q1 2025, driven by notable gains in operating profit and net earnings and a sustained demand for broadband (internet) services. The Group’s results signal a decisive turnaround and significant […]

CanCham SL targets CAD 5 Bn FDI with five-year strategic plan

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The newly established Canadian Chamber of Commerce in Sri Lanka (CanCham SL) has formally commenced its operations with the approval and support of Global Affairs Canada. The Canadian High Commissioner to Srí Lanka serves as the Patron of CanCham SL, further reinforcing the Chamber’s commitment towards strengthening bilateral and regional economic cooperation. Speaking to media […]