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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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 (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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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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DIMO நிறுவனத்தின் மின்சாரம் மற்றும் வலுசக்தி தொடர்பான தீர்வுகளை வழங்கும் பிரிவான DIMO Energy, தனது சூரியசக்தி தீர்வுகளை, கைத்தொழில் மற்றும் வர்த்தகப் பயன்பாடுகளுக்கு அப்பால் வீட்டுத் தேவைகளுக்கும் உள்ளடங்கும் வகையில் விரிவுபடுத்தியுள்ளது. அத்துடன், இலங்கையின் வளர்ந்து வரும் மின்கல சக்தி சேமிப்பு தொகுதிகள் (Battery Energy Storage Systems – BESS) சந்தையிலும் அது பிரவேசித்துள்ளது. ஒருங்கிணைந்த Solar + BESS தீர்வுகளை வழங்கும் நோக்கில், இது தற்போது பிரத்தியேகமான ‘DIMO Solar’ எனும் வர்த்தகநாமத்தின் […]
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David Pieris Automobiles (Private) Limited (DPA) marked another significant milestone with the delivery of eight (08) BAIC X55 vehicles to Chevron Lubricants Lanka PLC, which markets the strong Caltex brand in Sri Lanka. This delivery reinforces David Pieris Automobiles’ continued efforts to strengthen its portfolio of internationally acclaimed brands while supporting corporate customers with robust […]
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Classic Travel has once again secured top honours at the Malaysia Airlines Trade Elevation Summit 2026, winning the prestigious Golden WAU Award and continuing its consecutive run of recognition at the global industry event. The awards ceremony, took place on 14th May at Shangri-La in Kota Kinabalu, recognises outstanding global trade partners that continue to […]
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Revenue: Rs.47.3Bn, up 9% YoY and NPAT: Rs.9.2Bn up +)100% YoYTaxes Paid to GoSL: Rs.16.0Bn (Rs.5.1Bn in Direct, Rs.10.9Bn Indirect)Investment in Digital Infrastructure: Rs.5.5Bn; Operating Free Cash Flow (OFCF): Rs.14.6Bn up +8% YoYFirst Interim Dividend: Rs.0.70 per share; Annualized Dividend Yield of 9.2% Dialog Axiata PLC announced its consolidated financial results for the quarter ended […]
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Sri Lanka’s economy reflected mixed trends across key sectors during the week ending May 15, with industrial activity showing improvement while tourism earnings and financial market indicators recorded declines, according to the latest Weekly Economic Indicators released by the Central Bank of Sri Lanka (CBSL). In the real sector, the Central Bank said tea production […]
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The SME NEXUS National SME Strategy Framework 2026 was officially launched in Colombo on May 13, 2026. Held at the Grand Maitland, the initiative, spearheaded by the Ministry of Industry and Entrepreneurship Development, focuses on empowering small and medium enterprises (SMEs) through digital transformation and policy consistency. The main purpose of the initiative was to […]
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