David Pieris Automobiles and People’s Leasing collaborate to strengthen BAIC and GWM vehicle sales

David Pieris Automobiles and People’s Leasing collaborate to strengthen BAIC and GWM vehicle sales

David Pieris Automobiles (Private) Limited and People’s Leasing & Finance PLC recently formalised a strategic partnership through the signing of a Memorandum of Understanding (MOU), marking a significant milestone in strengthening collaboration between two of Sri Lanka’s most respected and trusted organisations. The partnership is primarily focused on promoting the GWM and BAIC vehicle range […]

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NCHS Continues to Inspire Innovation Through INCOHST 2026

NCHS Continues to Inspire Innovation Through INCOHST 2026

INCOHST is the brainchild of Nawaloka College of Higher Studies and stands today as one of Sri Lanka’s pioneering school-level technology competitions focused on innovation and emerging technologies. First launched in 2018, INCOHST was introduced as the country’s first interschool IoT (Internet of Things) competition with the objective of creating awareness about IoT among Sri […]

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The Daily Leaf Officially Launches in Colombo

The Daily Leaf Officially Launches in Colombo

Colombo’s vibrant culinary and lifestyle landscape welcomed a soulful new addition with the official launch of The Daily Leaf. Emerging not merely as a café but as a sanctuary for cherishable moments and connection, the brand debuts with a singular, powerful mandate: to recreate the profound sense of warmth, familiarity, and care associated with a traditional […]

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People’s Bank expands MSME business volume to LKR 20.8 Bn in 2025 strengthening support for national economy

People’s Bank expands MSME business volume to LKR 20.8 Bn in 2025 strengthening support for national economy

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 Founder and CEO Dr. Sanjiva Weerawarana to step down as CEO

WSO2 Founder and CEO Dr. Sanjiva Weerawarana to step down as CEO

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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SLICGL first GI Insurer in Sri Lanka to surpass LKR 30 Bn GWP

SLICGL first GI Insurer in Sri Lanka to surpass LKR 30 Bn GWP

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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Improving broader business environment vital for sustainable growth – WB

Improving broader business environment vital for sustainable growth – WB

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

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

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

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

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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