Asoka Hettigoda, Chairman of the Hettigoda Group of Companies, was unanimously elected as the President of The Hotels Association of Sri Lanka (THASL) at the Association’s Annual General Meeting for 2025, held at Cinnamon Life – City of Dreams. Asoka Hettigoda This election positions a seasoned industry veteran at the helm of the country’s premier […]
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Home Lands has once again solidified its position as Sri Lanka’s number one and most trusted real estate developer, achieving a historic milestone at the PropertyGuru Asia Property Awards 2025, held in Bangkok, Thailand on 12th December 2025. The company was crowned “Best Developer, Sri Lanka” for the third consecutive year, reaffirming its unmatched leadership […]
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Commercial Bank of Ceylon has signed a Memorandum of Understanding (MoU) with Overseas Realty (Ceylon) PLC, to provide tailor-made home loan facilities for buyers of condominium units at Mireka Seascape, the company’s latest development. Through this partnership, Commercial Bank will offer loans covering up to 100 percent of the purchase price of properties developed by […]
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Uber marked 10 years of operations in Sri Lanka, a decade in which the platform has reshaped how people commute and how thousands of Sri Lankans earn a livelihood. Industries and Entrepreneurship Development Deputy Minister Chathuranga Abeysinghe graced the milestone event as the chief guest. U.S. Ambassador Julie Chung attended as the guest of honor, […]
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A bold new chapter begins at Cinnamon Life Sri Lanka is gearing up to host the first international gem and jewellery exhibition of the year as FACETS Sri Lanka 2026 opens on 3rd January. Now in its 33rd year, the exhibition marks a major milestone with its move to The Forum, Cinnamon Life at City […]
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Evolution Auto, Sri Lanka’s leading electric mobility solutions provider, officially announced the launch of the Riddara RD6 Active, the country’s latest all-electric double-cab pickup, which was unveiled at the prestigious BMICH Motor Show. The RD6 Active, which is designed to combine the practicality of a pickup with SUV-like comfort, is a major milestone in increasing […]
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Hemas Holdings PLC has been recognised among Forbes Asia’s 200 Best Under a Billion companies for 2025, ranking as one of the region’s top performing organisations. Selected from over 19,000 organisations, this recognition highlights businesses with under USD 1 billion in revenue that demonstrate consistent growth, innovation and stability. The ranking reflects Hemas’ consistency in […]
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The David Pieris Group continues to strengthen its international presence with the acquisition of 50% ownership in Navire Logistics Services L.L.C, (www.navirelogistics.com) a reputed logistics company based in Dubai and Oman. This strategic move marks a significant milestone in the Group’s journey towards expanding its operations beyond Sri Lanka and positioning itself in the international […]
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The Initial Public Offering (IPO) of WealthTrust Securities Limited (WTS) will open tomorrow, inviting the public to subscribe for 71,548,244 Ordinary Voting Shares at an Issue Price of LKR 7.00 per share. Through the Issue, WTS seeks to raise a total of LKR 500,837,708, with the Company’s shares expected to be listed on the Diri Savi Board of the Colombo Stock Exchange […]
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The World Bank Group is deeply saddened by the devastation caused by Cyclone Ditwah in Sri Lanka. Our thoughts are with the people who have lost loved ones, homes, and livelihoods, and with the communities now facing immense hardship. We commend the remarkable resilience shown by Sri Lankans in the face of this disaster and […]
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