IT Gallery Computer (Pvt) Ltd. Sri Lanka’s leading value-added distributors for Hikvision, recently concluded its annual IT Gallery – Hikvision Partner Summit 2025. The event is a celebration of excellence, innovation and partnership with the local security technology industry. Since its inception in 2017, the summit has evolved into one of the most anticipated events […]
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D P Logistics (Private) Limited (DPL), a member of the David Pieris Group of Companies, has entered into a Share Sale and Purchase Agreement for the acquisition of Logicare (Pvt) Ltd from Ceylon Tea Brokers PLC for an enterprise value of Rs.1.3 billion. The transaction includes a payment of Rs. 635.3Mn to Ceylon Tea Brokers […]
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The Teejay Group, one of South Asia’s leading multinational textile manufacturers, announced its financial results for the first half of the 2025/26 financial year, recording a steady position. The results underscore the Group’s disciplined working capital management and reduction in loan exposure, enabling it to remain resilient amid a challenging global market landscape. For the […]
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Coffey & Consult, the Oklahoma-based leader in human-centered technology consulting and AI enablement, is proud to announce a new international partnership with Banuka (Banu) Athuraliya, founder of Andro Dollar Network (PVT) LTD and a globally respected technology strategist based in Sri Lanka. Known online as Andro Dollar, Banu blends his expertise in technology, entrepreneurship, and […]
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The David Pieris Group, one of Sri Lanka’s largest and most diversified conglomerates, has announced a strategic partnership with HelaGo, the revolutionary ride-hailing platform introduced by the Helakuru Superapp, to jointly advance a fair, transparent and locally empowered mobility ecosystem in Sri Lanka. The partnership agreement was officially signed between David Pieris Motor Company (Lanka) […]
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Nations Trust Bank PLC reported strong financial results for the 9 months ending 30th September 2025, reporting a Profit After Tax (PAT) of LKR 14.9Bn, up 23% YoY. The Bank’s performance is underpinned by strong asset growth, steady Net Interest Margins (NIMs) and asset quality with a Net Stage 3 Ratio of 1.03%. A strong […]
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Galadari Hotels (Lanka) PLC said it hopes to reopen its Colombo city hotel in the second quarter of 2026. The hotel has been closed for refurbishment. Last year Galadari Hotels entered into agreements with its parent, Dubai-based Galadari Brothers LLC and Mashreq Bank PSC to get a 73.4 million Dirham loan (20 million dollars) to fund the […]
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The latest analysis of property market data, released by the Research Intelligence Unit (RIUNIT) up to the third quarter of 2025, reveals that Area 05 (Colombo 5) provides the strongest performance across the city’s property market. A key finding of this analysis is the robust recovery in Colombo apartment prices when measured in US dollars. […]
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Alumex PLC, Sri Lanka’s number one aluminium extrusion manufacturer, has joined forces with Port City Colombo to expand its flagship sustainability programme, ELEVATE, with its pledge to hand over Used Beverage Cans (UBC) collection bins to promote responsible waste management and safeguard the country’s coastal environment. Alumex will place the bins across Port City Colombo’s […]
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International Lifestyle Brand (Private) Limited announced its expansion in its leading brands Subway Sri Lanka, the American fast-food chain and Segafredo Caffè, Italian Espresso brand, while opening novel venues to its food lovers and coffee lovers, indulging themselves in premium and international flavours at affordable prices in the heart of Colombo. Speaking on this expansion, […]
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