BiZ CoM

Hayleys Mobility Appoints Chithrasumana Motors as Its 11th Authorised Sales Distributor

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Hayleys Mobility Limited, the mobility arm of Hayleys Fentons Limited, has appointed Chithrasumana Motors as an authorised sales distributor in Malabe. Located at No. 506, 7th Lane, Malabe, Chithrasumana Motors offers customers access to Hayleys Mobility’s portfolio, comprising OMODA & JAECOO, KAIYI and SRM. The range includes electric, hybrid and petrol-powered vehicles, catering to diverse […]

LKR 3 Billion HLAB Fund Launched to Help Sri Lankan Businesses Scale

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Hatch, Lankan Angel Network and BOV Capital join forces, with First Capital Holdings PLC committing LKR 300 million as anchor limited partner in a fund built on a commercial investment case. Starting a business is difficult. Building one that can grow, compete and endure is harder still. For Sri Lankan founders, the challenge doesn’t end […]

Premium International Injectable advances pharmaceutical manufacturing ambitions in Sri Lanka

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Premium International Injectable (Private) Limited is advancing the development of its pharmaceutical manufacturing facility in Sri Lanka, marking a significant step in the company’s commitment to strengthening local manufacturing capabilities and establishing a foundation for future growth in the country’s pharmaceutical sector. The state-of-the-art facility, which is being developed to European standards within a Board […]

Sri Lanka, China discuss expanding economic cooperation

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Sri Lanka and China have discussed ways to deepen bilateral relations and expand economic cooperation to support the island’s economic development. The discussions took place on Thursday (14) at the Finance Ministry during a meeting between Chinese Ambassador to Sri Lanka Wei Huaxiang and Labour Minister and Finance and Planning Deputy Minister Dr. Anil Jayantha […]

Sri Lanka must earn FTAs, says Deputy Minister

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Sri Lanka must earn free trade agreements (FTAs) through deep domestic reforms rather than expect them to follow from negotiation alone, Industry and Entrepreneurship Development Deputy Minister Chathuranga Abeysinghe said. The Government is now moving to dismantle import levies left untouched for two decades and is seeking entry into Asia’s largest trade bloc. “We only […]

EU ‘Global Gateway’ strategy opens new vistas for Lanka’s industrial growth

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In a major move to boost industrial and economic cooperation between Sri Lanka and the European Union (EU), a special high-level discussion was held on October 15, chaired by Deputy Minister of Industry and Entrepreneurship Development, Chathuranga Abeysinghe. The meeting focused on leveraging the EU’s multi-billion-euro ‘Global Gateway’ strategy to drive fresh investments into Sri […]

Sri Lanka advances World Bank-backed global tourism marketing campaign

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Sri Lanka is moving ahead with a World Bank-backed global destination marketing and communication campaign aimed at strengthening the country’s competitiveness in international tourism markets. A high-level discussion on implementing the initiative was held at the Ministry of Foreign Affairs, Foreign Employment and Tourism, focusing on developing a long-term, data-driven strategy to promote Sri Lanka […]

Rocell Starlight®, Setting a New Standard in Polished Ceramics

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Celestial brilliance, crystalline depth: Rocell’s latest surface innovation transforms the way polished ceramic tiles interact with light. For the first time in Sri Lanka, Rocell introduces ‘Starlight’, an advanced surface innovation that brings crystal-like depth and brilliance to polished porcelain tiles. Inspired by the brilliance of the cosmos, Rocell Starlight captures the depth, radiance, and […]

Toyota Lanka building a stronger future to elevate mobility in the North.

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As the nation’s Total Mobility and Logistics Solutions Provider, Toyota Lanka marked an important step in its island wide expansion with the groundbreaking of its new Jaffna facility on 17 September 2026 at Kandy Road, Navatkuli, Chavakachcheri, Jaffna. The development strengthens Toyota Lanka’s presence in the Northern region and brings its trusted mobility and after-sales […]

Sri Lanka’s Pan Asia Banking Corporation lists 13.5-pct debentures

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Sri Lanka’s Pan Asia Banking Corporation has listed its 12.75 and 13.50 percent debentures on the Colombo Stock Exchange (CSE), the company said in a market filing. The listed, rated, senior, unsecured, redeemable debt securities have been issued across 3-year and 5-year tenors, carrying an annual coupon option: The lender’s public debenture issuance sought to […]