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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இலங்கையின் முன்னணி அலுமினிய தயாரிப்பு உற்பத்தியாளரான Alumex PLC (அலுமெக்ஸ் பிஎல்சி) நிறுவனமானது, மக்களால் பயன்படுத்தப்பட்டு அகற்றப்படும் மென்பான கொள்கலன்களை (Beverage Cans – UBC) சேகரிக்கும் தொட்டிகளை நன்கொடையாக வழங்கி, பொறுப்பான கழிவு முகாமைத்துவத்தை மேம்படுத்தவும் நாட்டின் கரையோரச் சூழலைப் பாதுகாக்கவும், கொழும்பு துறைமுக நகருடன் (Port City Colombo) கூட்டுச் சேர்ந்துள்ளது. Alumex இந்தத் தொட்டிகளை Marina Promenade மற்றும் கடற்கரை உள்ளிட்ட கொழும்பு துறைமுக நகரின் (Port City Colombo) மக்கள் புழங்கும் […]
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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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ශ්රී ලංකාවේ ප්රමුඛතම ඇලුමිනියම් ආස්තරණ නිෂ්පාදන සන්නාමය මෙන්ම Hayleys PLC සමූහයේ සාමාජිකයෙකු වන Alumex PLC වගකීම් සහිත අපද්රව්ය කළමනාකරණය ප්රවර්ධනය කිරීම සහ රටේ වෙරළබඩ පරිසරය ආරක්ෂා කිරීම සඳහා භාවිත කළ බීම ටින් (UBC) එකතු කිරීමේ බඳුන් Port City Colombo වෙත පරිත්යාග කිරීම පසුගියදා සිදුවිය. භාවිත කළ බීම ටින් නිවැරදි ලෙස බැහැර කිරීමට දිරිගැන්වීම සඳහා, Marina […]
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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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