1. www.catswebnews.lk , Business 2026

Hayleys Solar Named Sri Lanka’s Most Loved Solar Brand for Second Consecutive Year

 
Reinforcing its leadership in Sri Lanka’s renewable energy sector, Hayleys Solar has once again been ranked the nation’s Most Loved Solar Brand in LMD's Brands Annual 2026. The back-to-back recognition highlights the brand’s success in building lasting customer relationships while driving the adoption of clean energy solutions nationwide.
As one of the country’s most respected measures of brand affinity, LMD’s Brands Annual offers valuable insight into consumer trust and loyalty. Retaining the top position in the solar category highlights Hayleys Solar’s ability to consistently deliver value, reliability, and a superior customer experience.
The recognition follows a year of significant growth and industry-leading milestones. Hayleys Solar has surpassed 750 MW of installed solar capacity, completed more than 5,000 hybrid solar installations across the island, and achieved 30 MWh in energy storage capacity. The company has also delivered nearly 300 MW of ground-mounted solar installations and over 110 MW of wind energy projects, cementing its position as a leader in residential solar as well as large-scale renewable energy development.
Hayleys Solar’s enduring appeal stems from its ability to make clean energy practical and accessible for every customer. Drawing on the 100+ year engineering legacy of Hayleys Fentons and the expertise of over 400 engineers nationwide, the brand remains focused on delivering tailored solutions and lasting value throughout the customer journey.
Hasith Prematillake, Managing Director of Hayleys Fentons Limited, commented:
“Being named LMD’s Most Loved Solar Brand for two consecutive years reflects the deep trust Sri Lankan consumers continue to place in us. It is a recognition of our entire team’s commitment, from engineering to after-sales, in delivering reliable and accessible clean energy solutions to the country.”
Roshane Perera, Deputy Managing Director - Energy, Hayleys Fentons Limited, added: “This recognition reinforces our purpose of driving Sri Lanka’s transition to clean energy. Being named the Most Loved Solar Brand in Sri Lanka for two consecutive years is a significant milestone that reflects the trust and confidence consumers place in Hayleys Solar. It motivates us to continue innovating and expanding solutions that make solar power more dependable, efficient, and accessible for every home and business.”
Nanduni Dahanayaka, Deputy General Manager – Marketing and Corporate Communications, Hayleys Fentons Limited, stated:
“Hayleys Solar has truly evolved into a household name in Sri Lanka’s renewable energy space. We are deeply humbled by the continued love and trust shown by our customers, and it is incredibly rewarding to see how far the brand has come over the years. This recognition reflects not only our growth as a brand, but also the strong emotional connection we have built with the people of Sri Lanka. We remain committed to pushing boundaries and making clean energy an everyday reality for all.”

10.07.2026

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CDB Joins Global Partnership for Carbon Accounting Financials, Reinforcing Commitment to Climate Transition

In a decisive step towards climate transition, Citizens Development Business Finance PLC (CDB) has become a signatory to the Partnership for Carbon Accounting Financials (PCAF). The initiative highlights CDB's growing focus on green financing and its role in shaping a more sustainable economic future for Sri Lanka.

PCAF brings together a global network of more than 700 financial institutions committed to measuring and disclosing greenhouse gas emissions from lending and investment portfolios. As a global collaboration, it enables harmonised assessments and disclosures of financed emissions and, with members across six continents, provides a globally recognised framework for transparency and accountability.

CDB recognises that its greatest environmental impact arises not from its own operations, but from the businesses and projects it finances. By adopting the PCAF Standard, CDB gains clearer insight into the climate impact of its portfolio, aligns with evolving reporting expectations such as SLFRS S2 and lays the foundation for setting credible climate targets and transition pathways.

CDB’s sustainability strategy is anchored on two pillars: Net Zero and Social Consciousness. Through sustainable financing solutions, the organisation drives decarbonisation across sectors while embedding climate considerations into business strategy and long-term growth planning.

Deputy CEO of CDB, Damith Tennakoon, commented: “Joining PCAF is a decisive step in strengthening our sustainability journey. It enables us to measure and disclose the climate impact of our portfolio with greater clarity while aligning with global best practices. This commitment not only enhances transparency but also empowers us to make more informed financing decisions that support Sri Lanka’s transition to a low-carbon economy. At CDB, we believe responsible finance is central to building a greener, more inclusive future.”

10.07.2026

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David Pieris Group to launch Social Empowerment Drive in Batticaloa

Reinforcing its longstanding commitment to community development and inclusive social progress, the David Pieris Group will launch its Social Empowerment Drive – Batticaloa, a comprehensive five-day community outreach initiative, from 15 to 19 July 2026.
The programme will be centred at the David Pieris Motor Company (DPMC) land on Trincomalee Road, Batticaloa, with selected activities taking place at other locations across the city.
Designed as a holistic community empowerment initiative, the programme will bring together a diverse range of activities aimed at supporting entrepreneurship, enhancing road safety awareness, promoting vocational and technical skills, school and university assistance programme, empowering women and youth and strengthening community engagement.
One of the key attraction of the programme will be the five-day Trade Fair, which will be open to the public from 15 to 19 July at the DPMC land. Visitors will have the opportunity to explore products, services, live demonstrations, interactive experiences and exclusive promotional offers from several companies of the David Pieris Group, including David Pieris Motor Company, Assetline Finance, David Pieris Automobiles, David Pieris e-Mobility, David Pieris Solar Energy, David Pieris Logistics, Assetline Insurance Brokers, David Pieris Leisure and David Pieris Aviation.
On the same day, Beauty and Personal Care Skills Development Programme for Women will be conducted at the DPMC land to empower women by providing practical knowledge and skills in the beauty and personal care industry while encouraging self-employment opportunities.
An Entrepreneurship Development Programme will be conducted at the East Lagoon Hotel on 15 July 2026, providing aspiring entrepreneurs and small business owners with valuable knowledge and practical guidance to strengthen and expand their businesses.
On 16 July, a Traffic Awareness Programme will be held in front of the DPMC land on Trincomalee Road, aiming to educate students on responsible road behaviour and safe commuting practices.
18 July will be celebrated as Bajaj Day, featuring two specialised programmes at the DPMC premises. A Traffic Awareness Programme for Three-Wheeler Drivers will focus on promoting safer driving practices and responsible road use, while the Local Garage Training Programme will provide technical knowledge and practical guidance to independent garage owners and technicians, enabling them to enhance their professional skills and service standards.
The final day of the programme, 19 July, will feature a Cricket Tournament at the Sivananda School Ground, New Kalmunai Road, Kallady, and football tournament at the KV Ground, Valachchenai  promoting sportsmanship, teamwork and community participation. Simultaneously, a Mechanical Training Programme for DPMC Service Dealers will be conducted at the DPMC land to further strengthen the technical competencies of the company's service network.
In addition to above programmes, school development programme, university internship empowerment programme, scholarship programme for selected school students, vehicle emission testing and inspection programme (for Bajaj & KTM vehicles) and Green Climate Action Programme will also take place during this period.
The Social Empowerment Drive reflects the David Pieris Group's vision of creating sustainable value beyond business by investing in people, skills and communities. Through meaningful partnerships and impactful initiatives, the Group continues to contribute towards the long-term social and economic development of Sri Lanka while creating opportunities that improve the quality of life of communities across the country.

10.07.2026

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Hayleys Aventura introduces Sri Lanka's first automated rotary parking system

As Sri Lanka's cities continue to grow, the demand for parking within increasingly limited spaces has become a pressing urban challenge. Addressing this need, Hayleys Aventura (Pvt) Ltd., a subsidiary of Hayleys PLC and one of Sri Lanka's leading industrial solutions providers, has commissioned the country's first outdoor automated rotary parking system, introducing a new generation of smart parking technology to the local market.

The latest installation builds on Hayleys Aventura's growing expertise in advanced parking technologies, following the successful implementation of a 40-car automated pit-puzzle parking system in Bandarawela, 45 two-post stack parking units in Colombo 03 and several other successful installations. Together, these projects demonstrate the company's capability to deliver practical, space-efficient parking solutions for modern urban developments.

Dr. Wasaba Jayasekera, Managing Director of Hayleys Aventura (Pvt) Ltd. and Group Management Committee Member of Hayleys PLC, said, "The commissioning of Sri Lanka's first outdoor automated rotary parking system represents an important step forward in the country's urban infrastructure journey. As our cities continue to grow and available land becomes increasingly limited, innovative engineering solutions such as automated rotary parking systems will become essential in helping developers and businesses maximise space while improving convenience, safety and sustainability. At Hayleys Aventura, we remain committed to introducing world-class technologies through trusted global partnerships and local engineering expertise to help shape smarter, more resilient cities for the future."

The automated rotary parking system operates through a simple yet highly efficient mechanism. Drivers position their vehicle on a designated platform, after which the system automatically rotates to bring the next available parking space to ground level to accommodate the vehicle. Once parked, vehicles remain securely stored within the system and can only be retrieved by authorised users through restricted access control, enhancing vehicle security and protecting against unauthorised access. When required, the selected platform is returned to ground level within a maximum of two and a half minutes, providing users with a seamless parking experience while eliminating the need for ramps, extensive driveways and large circulation areas associated with conventional parking structures.
Beyond rotary parking systems, Hayleys Aventura offers a comprehensive portfolio of parking solutions including Stack Parking Systems, Puzzle Parking Systems, Fully Automatic Parking Systems, Car Elevators and Turntable Solutions. Backed by strong local engineering expertise and comprehensive after-sales support, these solutions help residential, commercial and mixed-use developments maximise land utilisation while delivering safe, efficient and user-friendly parking experiences, reinforcing Hayleys Aventura's position as a trusted partner in shaping Sri Lanka's smart urban infrastructure.

10.07.2026

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Meenu Gunasinghe Launches Minerva Global: A Bold New Voice in Strategic Communication

After years of shaping narratives, building reputations, and creating memorable campaigns across advertising, public relations, and events, Meenu Gunasinghe has taken a defining step  founding Minerva Global Private Limited, a 360° integrated communication company that promises to bring fresh energy and intelligence to Global corporate and personal branding landscape.

A proud graduate of the University of Sri Jayewardenepura with Honors in Mass Communication, Meenu has earned a reputation as one of the country’s most versatile and insightful communication professionals. With rich experience in advertising, a sharp instinct for public relations, and a proven track record in event management, she has also established herself as a creative strategist, political strategist, and compelling writer. Today, she channels all that expertise into Minerva Global as its Founder and CEO.

For Meenu, Minerva is more than just another agency  it is a guardian and guide for ambitious brands and leaders. The company was born from her deep belief that communication should not only be seen and heard, but truly felt and remembered.

In an industry often criticized for following trends, Minerva Global is choosing a different path. “The new era of advertising does not walk in line  it steps out of the box, keeping audiences awake in every moment and every move,” Meenu explains. By blending creative storytelling with AI-driven innovation, the company is creating campaigns that are strategic, emotionally intelligent, and refreshingly different.

Minerva Global specializes in Personal Brand Development, Corporate Reputation Management, Integrated 360° Campaigns, Strategic Public Relations, and high-impact Event Management. Whether it’s elevating a corporate leader’s personal brand or protecting and strengthening a company’s reputation, Minerva brings a thoughtful, human-centered approach backed by sharp strategy.

“I’ve always believed that every brand and every leader has a powerful story waiting to be told. At Minerva, we don’t just market , we architect influence, protect reputations, and help our clients rise with authenticity and confidence,” 
said Meenu Gunasinghe, Founder & CEO of Minerva Global Private Limited.

With her unique blend of creativity, industry experience, and strategic vision, Meenu Gunasinghe is now inviting Sri Lanka’s corporate sector to experience communication that truly moves the needle. As Minerva Global begins its journey, it aims to become the trusted partner for organizations and individuals who want to stand out, lead with purpose, and build lasting legacies.

10.07.2026

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The Ceylon Chamber’s Commercial Document Registration Division Expands Export Support with New Pharmaceutical Documentation Service

The Commercial Documents Registration Division (CDRD) of The Ceylon Chamber of Commerce has expanded its export support services with the introduction of the Free Sale Letter for Pharmaceuticals, providing Sri Lankan pharmaceutical manufacturers and exporters with an additional document certification service to support their export processes and compliance requirements in international markets.
The new service expands CDRD’s portfolio of trade documentation solutions, which includes Certificates of Origin and the certification of key commercial documents required by overseas buyers, customs authorities, and regulatory bodies. These services assist exporters across sectors by helping ensure their documentation meets applicable requirements for international trade.
Established in 1925 as one of the authorised institutions to issue Certificates of Origin in Sri Lanka, CDRD has supported the country’s international trade for nearly a century. Today, the Division provides certification and verification services to exporters, manufacturers, freight forwarders, logistics providers, and other trade stakeholders, supporting businesses in meeting documentation requirements for global markets.
In addition to pharmaceutical certification, CDRD facilitates the certification of Commercial Invoices, Packing Lists, Price Lists, Health Certificates, Phytosanitary Certificates, Certificates of Analysis, Bills of Lading, Survey Reports, Beneficiary Certificates, and other export-related documents. The Division also issues Free Sale Letters and Surveyor Appointment Letters, while supporting exporters through the Ministry of Foreign Affairs’ Electronic Document Attestation System (e-DAS), enabling secure and efficient document authentication.
Through established processes, digital solutions, and its e-service platform, CDRD continues to enhance the efficiency and accessibility of trade documentation services. Available 24/7 and 365 days of the year, the platform enables exporters to submit and manage documentation requirements conveniently while ensuring that certified documents meet internationally accepted requirements. By providing reliable documentation support and adapting its services to changing trade needs, the Division assists Sri Lankan businesses in managing export requirements and accessing international markets.

10.07.2026

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Maliban Strengthens Youth Sports Commitment Through S. Thomas’ College Hockey

Maliban, one of Sri Lanka’s most respected and enduring homegrown brands, has renewed its title sponsorship of the S. Thomas’ College Hockey Programme, continuing a partnership that reflects the company’s long-standing commitment to youth development and sport in Sri Lanka.
The renewed partnership follows a good 2025 season, during which S. Thomas’ College showed strong potential across the school hockey circuit. Backed by Maliban’s support, the Thomians continued to build confidence, discipline, and team strength, creating a solid foundation to aim higher and perform better this year.
Hockey has been an integral part of S. Thomas’ College since 1929, producing generations of accomplished players, national representatives, and championship-winning teams. This year, the College will mark the 25th Royal-Thomian Hockey Encounter, regarded as Sri Lanka’s biggest and most crowd-attracting school hockey big match. S. Thomas’ College currently leads the Royal-Thomian tally with 10 wins, while Royal College has secured nine wins, with five encounters ending in draws.
Another key fixture will be the 20th Trinity-Thomian Hockey Encounter, where S. Thomas’ College also leads the tally with nine wins, while Trinity College has recorded seven wins, with the remaining encounters ending in draws. These annual encounters continue to showcase the competitive spirit and proud heritage of Thomian hockey.
By extending its partnership for another year, Maliban continues to invest in a programme that nurtures discipline, teamwork, leadership, and resilience, values that closely mirror the company’s own journey of more than 70 years as a trusted Sri Lankan household brand.
Commenting on the renewed partnership, Positha Perera, Group Head of Corporate Communications at Maliban Group of Companies, said, “At Maliban, we believe sport is one of the most powerful platforms for shaping character and inspiring future leaders. Our partnership with S. Thomas’ College Hockey has shown the potential of young talent when they are given the right encouragement and opportunities. Following a good season last year, we are delighted to continue this journey and support the next chapter of Thomian hockey.”
The Warden of S. Thomas’ College welcomed the continuation of the partnership, noting that Maliban’s support has played an important role in strengthening the College’s hockey programme while creating greater opportunities for its student athletes to compete and improve.
Duminda Karunaratne, Secretary of the Old Thomians Hockey Union, expressed appreciation for Maliban’s continued confidence in the programme, stating that the renewed sponsorship reflects a shared commitment to preserving and advancing one of Sri Lanka’s oldest school hockey traditions.
Head Coach Chandana Bandara added that the continued partnership provides valuable encouragement to the players as they prepare for another competitive season and work towards stronger results this year.
Through its continued support for S. Thomas' College Hockey, Maliban reaffirms its belief that investing in youth sport is an investment in Sri Lanka's future. By helping young athletes pursue excellence both on and off the field, the company continues to strengthen a legacy built on trust, opportunity, and the pursuit of excellence.

10.07.2026

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Wire Group launches Intel Wire

Intel Wire Business Unit Head Kavinthan Shanmugarajah - Associate Director of Research & Intelligence, Pavani Dharmarathna – Associate, Lead Strategic Intelligence and Content Joseph Thavaraja. Mohammed Safraz - Assistant Manager - Sanjana Thanthreege, Associate and Tharindu Prasad - Senior Analyst

Wire Communications Consultancy Holdings Group (WCCG) has launched a strategic intelligence business unit, Intel Wire, to provide specialized risk advisory and reputation management services for corporations the Sri Lankan communications and reputation management advisory consultation firm said this week.
The new unit introduces a proprietary Crisis Intelligence and Reputation Advisory Framework designed to help organizations anticipate operational threats and manage stakeholder sentiment in real time.
At the helm of this specialized analytical capability is Kavinthan Shamugarajah, Associate Director of Research & Intelligence, who brings over 20 years of robust experience in research, strategic intelligence, and communications advisory. He leads the Intel Wire team, a highly specialized seasoned professionals explicitly skilled in deep-dive research, sentiment monitoring, and data interpretation. Together, the team combines localized analytical expertise with advanced risk mapping to translate intricate, multi-layered data streams into clear, actionable intelligence for corporate leadership.
The launch comes as local and multinational firms face growing challenges from high-velocity digital narratives that spread rapidly across disparate digital communities, traditional news outlets, and social platforms before leadership teams can effectively intervene.
Industry experts note that conventional corporate reputation management often fails to capture subtle nuances of fragmented communication ecosystems, leaving organizations exposed to sudden shifts in public perception. Intel Wire aims to address this vulnerability by shifting the focus from raw data gathering to structured, actionable intelligence. The firm will work closely with leading research companies helping organizations and their reputational trust currency.
"In today’s environment, reputation is shaped in real time, often before organizations are even aware of an issue," Ashan Kumar, Chairperson of Wire Group, said in a statement, noting that the framework is built to enable faster risk anticipation and protect long-term stakeholder trust.
In addition to risk mitigation, the unit will provide broader corporate intelligence capabilities to support executive decision-making.
"What organizations need today is not just information, but clarity," said Kavinthan Shamugarajah, Associate Director of Research & Intelligence and Head of Business Unit at Intel Wire. "We go beyond conversations and translate complex information into actionable intelligence."

The expansion builds on WCCG’s 15-year footprint in strategic public relations and crisis advisory, marking a shift toward sophisticated, insights-driven intelligence models designed for enterprises, consultancies, and ventures operating within the world's most complex and high-growth economies.

10.07.2026

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Power World Gyms and Fitzky Team Up to Redefine the Fitness Experience with Digital-First Access

Power World Gyms, Sri Lanka’s leading fitness brand with over 30 years of experience, has partnered with Fitzky to redefine how fitness is accessed, experienced and integrated into everyday life for communities across its network.
This partnership brings together Power World’s established fitness infrastructure and Fitzky’s digital-first platform to create a more seamless and user-centric fitness journey. Through Fitzky, customers can now discover and purchase Power World Gym memberships with ease, removing traditional barriers and simplifying access to premium fitness facilities through a single, integrated platform experience.
In addition, the introduction of the Fitzky Fit Pass adds a new layer of flexibility to the fitness landscape. Users are no longer tied to fixed routines or single-location commitments. Instead, they can choose a day-pass option that allows them to access Power World gyms as well as a wider network of partner fitness centres, enabling a more dynamic and adaptable approach to training.
From a customer experience perspective, this collaboration reflects a shift toward convenience-led fitness consumption. Whether individuals are looking for long-term membership commitments or flexible, on-demand access, the partnership ensures that fitness can now align more closely with modern lifestyles, schedules, and personal goals.
Further, this initiative strengthens Power World’s digital footprint while expanding Fitzky’s value proposition as a comprehensive fitness marketplace. Together, both brands are driving a more connected fitness ecosystem. One that prioritizes accessibility, choice and user empowerment.
The partnership signals a clear move towards making fitness not just a destination, but an easily accessible service. Available anytime, tailored to individual needs and delivered through a streamlined digital experience.

08.07.2026

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Evolution Auto Unveils Auto Direct as One-Stop Solution for Buying, Selling and Upgrading from used Vehicles

Evolution Auto, the authorized distributor of electric vehicles (EVs) in Sri Lanka, has launched Auto Direct, a dedicated platform that brings vehicle buying, selling and trade-in services under one roof, offering Sri Lankan vehicle owners a structured and transparent alternative in a challenging automotive market. 
Because of price uncertainty, shifting market dynamics, and reduced buyer confidence, many owners of petrol, diesel, and hybrid vehicles are finding it increasingly difficult to sell their vehicles. Auto Direct is a direct transaction model that eliminates brokers and intermediaries in order to address these issues.
Customers can trade in their vehicles to upgrade to a new model, purchase screened pre-owned vehicles, or sell existing vehicles through the platform. Each vehicle offered through Auto Direct goes through a comprehensive inspection procedure that includes market-based valuation, ownership verification, and maintenance record validation.
Virann de Zoyza, Group CEO of Evolution Auto, said, "Compared to a few years ago, vehicle owners now have to deal with a far more complicated market. Many find it difficult to identify buyers who they can confidently transact with or to get a fair value for their vehicles. To address that issue, Auto Direct was created. Customers can now buy, sell, or trade in with more confidence because of our platform's transparent valuation process, verified vehicles, and direct transactions.”
Customers looking to switch to more advanced vehicle technologies, such as high-end electric vehicles, may do so with ease thanks to the platform. Through a structured trade-in process, customers who trade in their current vehicles can upgrade to brands offered by Evolution Auto, such as Avatr, IM Motors, Xpeng, Riddara & KYC.
Auto Direct manages the process directly, giving customers a single point of contact from valuation to purchase or trade-in, in contrast to conventional vehicle transactions, which can involve several intermediaries. 
With Auto Direct, Evolution Auto goes beyond just selling vehicles to provide a full ownership ecosystem built on convenience, fair pricing, and transparency.

08.07.2026

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Siyapatha Finance Unveils Newest Branch in Bandarawela

Siyapatha Finance PLC recently expanded its island-wide footprint with the successful inauguration of its 64th branch in Bandarawela. Strategically located in scenic hill town in the Badulla District, the latest branch offers convenient and wider access to tailored, customer-centric financial solutions.
The branch was ceremoniously declared open by Siyapatha Finance PLC Chief Executive Officer (CEO) Mr. Mathisha Hewavitharana, joined by Chief Operating Officer (COO) Mr. Rajeev De Silva, Ms.D.M. Dewmi Tharindi, a student of Bandarawela Dharmapala Vidyalaya who won the Under-18 Girls' 3,000m event at the Junior National Athletics Championship,  the Senior Management and staff members as well as Traffic OIC Mr. Kandasami, Grama Niladhari Mr. H.M.C Heart,. Trade Association Secretary Mr. Sunanda Rathnayaka, representatives of the government and private banks and insurance companies and well-wishers.
Sharing his thoughts, Siyapatha Finance PLC CEO Mr. Mathisha Hewavitharana remarked: “We are deeply honoured to be of service to the people of Bandarawela. Opening this branch is a pivotal step in our 2026 expansion strategy and a reflection of our commitment to strengthen our presence in Sri Lanka. It is a region that showcases potential for greater economic development primarily through the country’s traditional agricultural practices. We look forward to reaching as many different communities as possible in the coming years.”
The Bandarawela branch offers a comprehensive product portfolio including leasing, fixed deposits,  gold financing, business loans, personal loans, fast draft, and factoring to Smart Pay, the Company’s  bill payment facility. With a thorough understanding about the current socio-economic dynamics of the region, the well-trained team at the newest branch is dedicated to providing flexible financial solutions to aspiring individuals as well as small and medium-scale enterprises (SMEs).
Siyapatha Finance PLC, the largest fully owned subsidiary of the Sampath Bank Group, boasts an islandwide network of 64 branches, ensuring its customers are provided with the best-in-service delivery standards. The Company has secured a National Long-Term Rating of ‘A(lka)’ with a Stable Outlook by Fitch Ratings, reflecting solid financial standing and promising growth trajectory. Over the past 21 years, Siyapatha Finance PLC has contributed to the development of small and medium entrepreneurial efforts as well as the fulfillment of individual financial needs across the island.

08.07.2026

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HMD Introduces New Range of Affordable HMD and Nokia Feature Phones in Sri Lanka Built for Everyday Reliability

Vivek Khandelwal, General Manager, Emerging Asia, HMD and Gayan Wijethilaka, Country Head for Sri Lanka, Nepal & Singapore, HMD

Leading European mobile phone manufacturer, Human Mobile Devices (HMD), has officially introduced its latest range of feature phones to Sri Lanka, including the HMD 100, HMD 102, New Nokia 105, and Nokia 110 Power. As the proud maker of Nokia phones, HMD combines the legendary toughness and trust of the Nokia brand with innovation, providing local consumers with highly dependable options that fit easily into their daily lives.
The feature phone segment remains a vital component of Sri Lanka’s mobile landscape, where a substantial portion of the population relies on these devices as their primary tool for daily communication. Concurrently, a growing number of professionals and travellers choose them as the ideal, long-lasting secondary backup phone to maintain essential connectivity while embracing a digital detox. This new portfolio focuses directly on what local users value most: exceptional battery life, rugged build quality, practical daily tools, and true affordability.
Leading the range is the improved Nokia 110 Power, which stays true to the legacy of toughness and trust. It comes with a powerful 1750 mAh battery that gives up to 15.5 days of standby time, completely removing the worry of daily charging. The device also features a camera with LED flash, a built-in MP3 player, wireless FM radio, and support for expandable storage. Complementing this, the New Nokia 105 offers the ultimate standard in simplicity and budget-friendly pricing, making it the ideal choice for straightforward, reliable calling and texting.
The HMD 102 brings a touch of modern style to the segment, featuring a sleek look with rounded edges and a smartphone-inspired camera design. It includes a camera with flash, an MP3 player, wireless FM radio, and smart daily tools like an auto call recorder and a torch. For those looking for maximum value, the HMD 100 offers great core reliability with a long-lasting battery, a durable body, and a helpful dual LED torch, making high-quality hardware accessible to every budget.
Vivek Khandelwal, General Manager, Emerging Asia, HMD, said, “Sri Lanka is a central market for us where reliable, essential communication is a daily necessity. With this new portfolio, we are delivering value-driven choices that do not compromise on quality. Whether it is the unmatched battery life of the Nokia 110 Power or the excellent affordability of the HMD models, we want to make durable technology accessible to everyone.”
Gayan Wijethilaka, Country Head for Sri Lanka, Nepal & Singapore, HMD, stated, "In Sri Lanka, the feature phone remains an indispensable primary connection for many households. Our new lineup bridges the timeless durability of Nokia hardware with HMD’s modern, everyday features. We have designed these devices to be tough, highly accessible, and perfectly aligned with the day-to-day needs of our local consumers."
For complete peace of mind, these devices are designed for everyday durability and come with a 1-year replacement guarantee. The HMD 100, HMD 102, New Nokia 105, and Nokia 110 Power are now available islandwide through the national distributor, Softlogic Communications, and key authorised dealer outlets.

07.07.2026

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Sri Lanka Brand Forum Launches Country’s First National Branding Ecosystem

Mr. Rohan Somawansa, Co-Founder of the Sri Lanka Brand Forum

The Sri Lanka Brand Forum (SLBF) has announced the launch of the Sri Lanka Brand Conclave, introducing what it describes as the country's first integrated branding ecosystem dedicated to advancing branding, marketing and innovation. The initiative, which was designed as a long-term national platform rather than a stand-alone conference, brings together academia, industry leaders, global experts, and emerging talent to boost Sri Lanka's long-term economic competitiveness and develop the country's brand-building capabilities.    
Beyond the annual Conclave, the ecosystem offers year-round learning, collaboration, and professional development opportunities for Sri Lanka's marketing and business community through initiatives like the Brand Academy, Quarterly Marketers Meet, LinkedIn Community, and Digital Knowledge Book, and Student Brand Challenge.
The Sri Lanka Brand Conclave aims to offer useful insights from internationally renowned experts along with successful local case studies as businesses navigate accelerating digital transformation, artificial intelligence and changing customer expectations. The platform's goal is to provide business leaders, marketers, and entrepreneurs with the knowledge and strategies needed to build stronger, more competitive brands. It will also explore how artificial intelligence, purpose-driven branding, creativity and digital communities are reshaping how organisations build trust, engage consumers and compete in global markets.
The inaugural Conclave will bring together leading practitioners and experts from around the world to discuss branding and marketing's future, giving Sri Lankan businesses practical strategies for competing in a market that is becoming increasingly dynamic. Featured speakers include Dr. Prem Shamdasani of the National University of Singapore (NUS) Business School, Thomas Barta of the Marketing Leadership Institute, Tay Guan Hin of The One Club for Creativity, together with speakers from TikTok South Asia, Kantar, Cannes Lions and leading Sri Lankan organisations. 
Brand Academy and the Quarterly Marketers Meet will provide professionals with continuous learning opportunities throughout the year, while the Student Brand Challenge will connect university students with real-world branding challenges, recognising that future competitiveness also depends on developing the next generation of marketers. The LinkedIn Community and Digital Knowledge Book will further extend access to industry knowledge and encourage ongoing collaboration between business leaders, academics and practitioners.  Collectively, these initiatives are designed to establish an ongoing stream of knowledge, collaboration, and talent development, ensuring that Sri Lanka's capability for brand-building is strengthened much beyond a single annual event.   
Speaking on the launch, Mr. Rohan Somawansa, Co-Founder of the Sri Lanka Brand Forum, said: "Countries that compete successfully on the global stage are supported by strong brands, innovative businesses and talented marketers. Sri Lanka has all three ingredients, but we need stronger platforms that continuously combine industry, academia and international expertise. The Sri Lanka Brand Conclave has been created to build that foundation, not for a single event, but as a year-round ecosystem that equips businesses, marketers and future leaders to build brands that contribute to sustainable national growth." 
The launch represents the Sri Lanka Brand Forum's wider commitment to developing platforms that advance branding excellence, encourage knowledge sharing, and support innovation throughout Sri Lanka's business landscape. It also builds on the success of the Forum's inaugural industry event. 
As Sri Lanka seeks new pathways for sustainable economic growth, the Sri Lanka Brand Forum believes stronger brands will be an essential competitive advantage, not only for individual businesses, but for the country as a whole.

07.07.206

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Commercial Bank makes history with biggest FinanceAsia awards haul by a Sri Lankan bank

Reaffirming its unmatched leadership and excellence in Sri Lanka’s banking sector, the Commercial Bank of Ceylon has been named Best Bank in Sri Lanka for the 15th consecutive year at the FinanceAsia Awards 2026, while also winning six other prestigious accolades across key areas of banking, the most by Sri Lankan bank.

In addition to being named the country’s Best Bank, Commercial Bank was also honoured as Best Bank for SMEs, Best Bank for Use of Technology, Best Islamic Finance House, Best Sustainable Bank, Best Private Bank and Best Retail Bank in Sri Lanka. Collectively, these accolades underscore the Bank’s leadership across key areas of the financial services spectrum.

Widely regarded as one of the most respected benchmarks in the Asia-Pacific financial services industry, the FinanceAsia Awards recognise institutions that demonstrate excellence in performance, innovation, leadership, customer service and resilience. The 2026 edition marks the 30th edition of these flagship awards, which evaluate banks on financial strength, strategic growth, digital transformation, sustainability initiatives and overall contribution to their respective economies.

“Recognition at globally respected award programmes such as the FinanceAsia Awards further strengthens our standing among leading regional and international peers, while affirming our performance in financial strength, innovation, customer service and sustainability,” said Mr Sanath Manatunge, Managing Director/CEO of Commercial Bank. “This success also enhances stakeholder confidence and reinforces customer trust in the Bank’s ability to deliver consistent value across multiple areas of banking.”

The awards were accepted on behalf of Commercial Bank by Mr Chinthaka Dharmasena, Assistant General Manager – Services, and Mr Krishan Gamage, Deputy General Manager – Information Technology (Operations), at the gala ceremony held on 24th June 2026 in Hong Kong.

Explaining the basis for its selections, FinanceAsia noted that the 2026 awards celebrate institutions that demonstrated determination to deliver desirable outcomes during 2025 through strong commercial and technical acumen, despite operating in complex and evolving market conditions.

The first Sri Lankan bank with a market capitalisation exceeding US$ 1 Bn., and the first bank in the country to be listed among the Top 1000 Banks of the World, Commercial Bank has the highest capital base among all Sri Lankan banks, is the largest private sector lender in Sri Lanka, and the largest lender to the country’s SME sector. Ranked No. 1 in the Business Today Top 40, the Bank is recognised as the most respected and most-awarded bank in Sri Lanka, is a leader in digital innovation and is the country’s first 100% carbon-neutral bank.

Commercial Bank operates more than 270 strategically-located branches and an extensive network of automated machines island-wide, and has the widest international footprint among Sri Lankan banks, with 21 branches in Bangladesh, a fully-fledged Tier I Bank with a majority stake in the Maldives, a microfinance company in Myanmar, and a representative office in the Dubai International Financial Centre (DIFC). The Bank’s fully-owned subsidiaries, CBC Finance PLC. and Commercial Insurance Brokers (Pvt) Limited, also deliver a range of financial services via their own branch networks.

07.07.2026

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Maliban Secures Double No. 1 Ranking in LMD Readers' Most Loved Brands 2026

Maliban has been ranked the No. 1 Most Loved Product Brand in the LMD Readers' Choice Most Loved Brands 2026, reaffirming its place as one of Sri Lanka's most trusted, recognised, and cherished homegrown brands.
Adding to this achievement, Maliban was also ranked No. 1 in the Packaged Foods (Ready to Eat) category, emerging as Sri Lanka's Most Loved Packaged Food (Ready-to-Eat) Brand for the third consecutive year. Together, these recognitions underscore the enduring trust, loyalty, and emotional connection that Maliban has cultivated with generations of Sri Lankan consumers.
The recognition places Maliban ahead of many leading local and international brands and reflects the strong affinity consumers continue to have for a brand that has remained a part of Sri Lankan homes for more than seven decades. Whether through its iconic biscuits, evolving product portfolio, or commitment to quality and consistency, Maliban has maintained a unique place in the hearts of consumers across the country.
LMD's Brands Annual is one of Sri Lanka's most respected business publications. The Readers' Choice Most Loved Brands rankings are compiled through an independent research process conducted by PepperCube Consultants on behalf of Media Services. The study captures consumer perceptions across a wide range of corporate, product, and service categories, providing valuable insight into brand preference and public sentiment.
For Maliban, these achievements represent more than rankings. They are a tribute to the millions of Sri Lankan families who have made Maliban a part of their daily lives, from childhood memories and family gatherings to everyday tea-time traditions. As a proudly Sri Lankan brand, Maliban has continued to evolve while remaining grounded in the values that have defined its journey: quality, trust, care, and consistency.
Positha Perera, Group Head of Corporate Communications at Maliban Group of Companies stated, "Being ranked No. 1 among LMD Readers' Most Loved Product Brands and being recognised as Sri Lanka's Most Loved Packaged Food (Ready-to-Eat) Brand for the third consecutive year is a deeply meaningful honour for Maliban. These recognitions belong to the generations of Sri Lankan consumers who have welcomed us into their homes and continued to place their trust in our brand. We are truly grateful for their love and support."
The latest recognition follows Maliban's continued success across several respected brand rankings and industry platforms, including its recent recognition as a Superbrand Sri Lanka 2025 in both the Food (Biscuits) and Food (Savoury) categories. Together, these milestones reinforce Maliban's enduring leadership and its ability to remain relevant across generations.
As Maliban looks ahead, the brand remains committed to upholding the standards that earned these recognitions. With a continued focus on quality, innovation, and consumer trust, Maliban will continue to inspire goodness and strengthen its place in the hearts of Sri Lankans across the island.

07.07.2026

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Going Green in Kirindiwela: Ceylinco Life begins work on 36th company-owned building

Ceylinco Life directors at the laying of the foundation stone for the new branch.

Ceylinco Life has commenced construction of its 36th company-owned branch building with the laying of the foundation stone for a new eco-friendly edifice in Kirindiwela, reaffirming the life insurance market leader’s continued investment in sustainable infrastructure and enhanced customer service.

The ceremony was attended by Ceylinco Life Chairman Mr R. Renganathan, Managing Director/CEO Mr Thushara Ranasinghe, members of the Board of Directors and senior management of Ceylinco Life, alongside valued customers and distinguished invitees from the Kirindiwela area.

Driven by its commitment to delivering superior service in a welcoming and customer-centric environment, Ceylinco Life has consistently invested in purpose-built branch buildings that serve as flagship locations. The Kirindiwela branch will join a network of 35 such company-owned buildings currently in operation across the country, each designed to offer elevated standards of service and modern facilities.

The new building will be constructed on company-owned land and developed in line with the Company’s green building concept, incorporating environmentally responsible design principles and energy-efficient technologies.

Spanning a floor area of 3,440 square feet, the Kirindiwela branch will utilise locally developed prefabricated construction technology from the National Engineering Research and Development Centre (NERD). The building is planned to operate on a 100 per cent self-sufficient solar electricity system, eliminating reliance on the national grid.

Key sustainability features of the proposed building include natural ventilation design, a topography-friendly layout, a green patch with grass grown in between interlocking blocks, energy-efficient air conditioning and lighting systems, and a rainwater harvesting facility. A dedicated Sewerage Treatment Plant (STP) will recycle wastewater for toilet flushing and gardening, while the company will practice the green concept of 'Reuse' in air-conditioning and electronic equipment, further minimising environmental impact.

The facility will also provide ample parking for more than 10 vehicles, enhancing convenience for customers.

Ceylinco Life said it continues to integrate modern construction methods and advanced technologies across its operations, aligning its infrastructure development with its broader commitment to sustainability, operational efficiency, and customer satisfaction.

Ceylinco Life has been the market leader in Sri Lanka’s life insurance industry for 22 consecutive years. Recognised as the Best Life Insurer in Sri Lanka by World Finance for the 12th consecutive year and voted the ‘Peoples Life Insurance Service Provider of the Year’ for an unprecedented 20th consecutive year in 2025, Ceylinco Life offers innovative insurance solutions that protect and de-risk the ambitions of policyholders. In 2025, Ceylinco Life was also ranked the most valuable insurance brand in Sri Lanka and the 22nd most valuable brand overall by Brand Finance.

07.07.2026

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First Capital Holdings PLC and First Capital Treasuries PLC retain A+ Rating with Stable Outlook

First Capital Holdings PLC and its subsidiary First Capital Treasuries PLC reaffirm their strong standing in Sri Lanka’s financial services sector, with Lanka Rating Agency (LRA) maintaining their A+ Entity Rating with a Stable Outlook.
Together, the two entities continue to play a significant role in Sri Lanka’s capital markets and financial intermediation landscape as part of JXG (Janashakthi Group).
The rating affirmation reflects the Group’s strong relative position within Sri Lanka’s financial services industry, underpinned by consistent financial discipline, robust governance, and a well-diversified business model spanning primary dealership, corporate finance, wealth management and stockbroking.
First Capital Holdings PLC continued to demonstrate resilient performance for FY 2025-26, recording a consolidated profit after tax of LKR 2.1 billion compared to LKR 5.0 billion in the previous year. The Group maintained a strong balance sheet position with total assets of approximately LKR 74.2 billion and equity of LKR 8.7 billion.
Performance was supported by the continued contribution of key subsidiaries. First Capital Treasuries, the Group’s primary dealer arm, remained the majority contributor to the Group’s business profile, reflecting its strength in government securities expertise, earnings resilience across interest rate cycles, and prudent duration management. Dealing securities division also appeared as a key contributor during the period, while the wealth management, corporate finance advisory and stockbroking businesses delivered positive results, further strengthening the Group’s diversified earnings base.
First Capital Holdings PLC continues to maintain a well-structured funding profile across debentures, commercial papers and bank borrowings, supported by strong capitalization, managed leverage, controlled related-party exposure and sustained debt repayment capacity.
Commenting on the rating affirmation, Dilshan Wirasekara, Managing Director/CEO of First Capital Holdings PLC, stated, “The reaffirmation of our A+ rating with a Stable Outlook is a strong endorsement of the Group’s financial resilience, disciplined execution and consistency across market cycles. It reflects the strength of our diversified business model and the continued contribution of our subsidiaries, particularly First Capital Treasuries, which has demonstrated leadership in government securities through changing interest rate environments. We remain committed to strengthening Sri Lanka’s capital markets while delivering sustainable value to our stakeholders.”
The A+ rating further reinforces First Capital’s position as one of Sri Lanka’s leading investment institutions, recognised for financial discipline, strong governance and sustained leadership in the capital markets.
Commenting on the rating affirmation, Dr. Kenneth De Zilwa, CEO of Lanka Rating Agency (LRA), stated, "The reaffirmation of the A+ Entity Ratings with a Stable Outlook for First Capital Holdings PLC and First Capital Treasuries PLC reflects the Group's strong financial profile, sound governance framework, disciplined risk management practices, and its demonstrated resilience across varying market conditions. The Group continues to maintain a well-diversified business model, supported by prudent capital management and sustainable earnings generation. First Capital Treasuries remains a key participant in Sri Lanka's government securities market, while the broader Group continues to strengthen its position across multiple financial services segments. The Stable Outlook reflects our expectation that the Group will continue to maintain its financial strength, capitalization levels, and market position over the medium term."

07.07.2026

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Hemas Hospitals & Laboratory Chain Wins 30 National Quality Awards

Recognizing the people behind quality. Hemas Hospitals & Laboratory Chain celebrates 30 awards at NCQP 2026, honouring the innovation and dedication of their teams in delivering better healthcare every day.

Hemas Hospitals & Laboratory Chain has won 30 awards at the National Convention on Quality and Productivity (NCQP) 2026, with every quality improvement project it presented receiving national recognition.    
The achievement, which consisted of 22 Gold, seven Silver, and one Bronze awards, made Hemas Hospitals one of the top performers at the convention and demonstrated how staff-led innovation is enhancing hospital operations, patient care, and safety.
The annual convention, which is organized by the Sri Lanka Association for the Advancement of Quality and Productivity (SLAAQP), recognizes organizations who use quality management to produce measurable improvements. The subject of this year's event was "People-Driven Quality and Productivity for a Resilient Sri Lanka."   
The thirty projects that won awards tackled challenges that arise in everyday delivery of healthcare. They included reducing emergency treatment delays and outpatient physiotherapy preparation times to enhancing patient communication, medication management, and medical documentation. To show that quality improvements extend beyond clinical care into every aspect of the patient journey, other initiatives focused on lowering needle-stick injuries, improving dialysis services, strengthening call centre performance, increasing energy efficiency, and improving waste segregation.
Together, these initiatives reflect Hemas Hospitals & Laboratory Chain's belief that lasting improvements in healthcare come from empowering employees to solve everyday challenges. This approach has enabled the organization to build a culture where innovation, collaboration and accountability are embedded across its hospitals and laboratory network.  
The projects were developed by multidisciplinary teams working within their respective departments to discover operational difficulties and deliver practical solutions, as opposed to depending on extensive transformation programmes. Throughout the Hemas Hospitals & Laboratory Chain network, the initiatives have strengthened patient safety, increased efficiency, and produced more consistent healthcare experiences.
Commenting on the achievement, Director Medical Services and Quality of Hemas Hospitals - Dr. Malith Atapattu said, “Receiving national recognition with 30 Gold Awards is a remarkable milestone for our teams and a testament to our unwavering commitment to quality and excellence in healthcare.
This achievement reflects the dedication of our multidisciplinary teams, who continuously identify opportunities for improvement, challenge conventional practices, and implement innovative, patient-centered solutions. True quality improvement begins with the people closest to patient care, whose expertise, collaboration, and commitment drive meaningful and sustainable change across our organization." 
Hemas Hospitals & Laboratory Chain's ongoing efforts towards building a workplace where quality improvement is a regular habit rather than a one-time event are reflected in recognition. Hemas Hospitals continues to raise the bar for healthcare delivery while strengthening Sri Lanka's culture of quality by allowing employees to test ideas, measure results, and share effective methods throughout the organization.

06.07.2026

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Real Savings Take Over July as Daraz Sri Lanka Opens 7.7 Super Savings Sale

Daraz Sri Lanka is giving shoppers more reasons to celebrate this July with the launch of its 7.7 Super Savings Sale, going live from 6 July (8 PM onwards) until 17 July. Built around the promise “Real Savings Start Here,” the campaign brings together major discounts, vouchers, Free Delivery, payment partner offers and exclusive brand deals across some of the most-loved shopping categories.

From refreshing everyday essentials and upgrading electronics to shopping fashion, beauty, home, lifestyle and personal care favourites, the 7.7 Super Savings Sale is designed to help customers make their budgets go further. With vouchers worth Rs. 50 million, free delivery and deals of up to 80% off, shoppers across Sri Lanka will be able to discover more value throughout the campaign.

This year’s campaign will feature offers from leading brand partners across multiple categories, including Hemas, Simple Accessories, Unilever, Global Diapers, SimplyTek, Astron, Diamond, Multichemi, Darley Buttler (Cow & Gate), Janet Official Store, NutriMax Supplements, Spa Ceylon Luxury Ayurveda, Celcius Solutions, Baseus Official by Trident Corporations, Amante, Himalaya, ICL Brands, Cycle Pure Incense, Huskies, ProMate, Centellian24 Official Sri Lanka, Swisstek, Quantum Fitness, COSRX Official Store, Sunco Engineering, Moose Clothing Company, Anker, Unilever ETB, PetLink and Cozy Pancha.

A major highlight of the sale will be Brand Rush Hour, where more than 100 participating brands will offer deals of up to flat 50% off. The first Brand Rush Hour will run from 6 July, 8 PM to 7 July, 2 AM, giving customers a six-hour window to shop some of the campaign’s most exciting brand offers.
This year, shoppers paying through KOKO will be able to unlock even more value during Brand Rush Hour, with flat 30% off across all Brand Rush Hour brands and an additional 50% off on selected brands during the first Brand Rush Hour from 6 July, 8 PM to 7 July, 2 AM. Customers can also access 4 and 7 split payment options with KOKO, available exclusively on Daraz, making it easier to plan purchases while enjoying greater flexibility at checkout.

Customers using cards can also enjoy additional savings during the campaign. Commercial Bank and NTB Amex will offer 20% off during Brand Rush Hour, followed by 12% off for the rest of the campaign, giving shoppers more ways to save across the 7.7 sale period.

06.07.2026

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CEAT Kelani strengthens SUV tyre portfolio with two new high-performance additions

 

CEAT Kelani Holdings has expanded its radial tyre portfolio in Sri Lanka with the launch of two new SUV-focused products engineered to deliver a superior blend of control, comfort and durability across the country’s diverse driving conditions.

The launch introduces the SecuraDrive SUV tyre in size 215/65 R16 and the CrossDrive AT tyre in size 245/70 R16, taking CEAT’s total radial tyre portfolio in Sri Lanka to 82 variants. Designed and tested at CEAT’s R&D Centre in Frankfurt, Germany, these tyres bring globally benchmarked engineering to local roads, combining advanced compound technology and tread design with practical performance benefits for everyday driving.

The SecuraDrive SUV is positioned for modern urban and highway-driven SUVs such as the Toyota Rush, Suzuki Vitara, Nissan Qashqai, Juke and X-Trail, Kia Sportage and even utility vehicles like the Toyota Hilux. It has been engineered to deliver high-speed stability, precise handling and consistent grip across wet and dry surfaces.

At a technical level, the tyre’s wide face cavity and five-rib tread design increase the contact area with the road, ensuring more even pressure distribution. For users, this translates to better grip, improved braking confidence and longer, more even wear. Its optimised cavity shape reduces rolling resistance, which not only enhances fuel efficiency but also contributes to a smoother, more controlled drive.

Noise and ride comfort, two critical factors for SUV owners, have been addressed through a combination of pitch sequencing and advanced tread geometry. By using an optimised pitch distribution developed through algorithm-based design, the tyre significantly reduces road noise and vibration, resulting in a quieter cabin experience. Complementing this is an optimised ply line and reduced belt deflection, which work together to minimise vibration and improve handling stability.

Wet weather performance, a key concern on Sri Lankan roads, is enhanced by fluidic sipe designs that efficiently channel water away from the tyre surface. This improves traction and reduces the risk of aquaplaning, giving drivers greater confidence in heavy rain. Reinforced construction, including a two-ply build and rim flange protection, further improves durability and resistance to road damage, making the tyre well suited to both city use and rougher road conditions.

For more rugged applications, the CrossDrive AT has been developed as an all-terrain solution for vehicles such as the Mitsubishi Triton, Mitsubishi L200, Isuzu D-Max, Mitsubishi Montero and Kia Sorento. Designed to appeal to drivers with a more adventurous lifestyle, this tyre combines off-road capability with on-road refinement.

Its aggressive zig-zag groove pattern is engineered to bite into loose and soft surfaces, delivering strong forward traction when driving on gravel, mud or uneven terrain. At the same time, surface-adaptive 3D sipes flex in response to the road, maintaining stability and grip on wet tarmac as well as loose trails.

A key technical feature is its self-cleansing tread design, which actively ejects mud, stones and debris through an optimised open pattern. This prevents tread clogging, ensuring consistent traction and preserving the integrity of the tyre over time. In practical terms, drivers experience fewer interruptions in grip when transitioning between terrains.

Despite its off-road emphasis, the CrossDrive AT has been engineered for everyday usability. Tighter lateral grooves improve block stability and reduce air pumping, which lowers road noise and delivers a more composed, quieter ride on highways, an important balance for SUVs used both in the city and beyond.

Both new tyres benefit from CEAT’s ongoing investment in research and testing, with rigorous evaluation conducted across wet, dry and extreme conditions to optimise compound mix, tread performance and overall durability. Specially designed sidewalls and tread patterns help absorb shocks and vibrations, ensuring better control and ride comfort on Sri Lankan roads.

Every CEAT tyre undergoes stringent quality checks, and the company remains the only tyre manufacturer in Sri Lanka certified with IATF 16949:2016, reflecting adherence to globally recognised automotive quality standards.

Backed by a comprehensive four-year warranty and supported by a network of more than 550 dealers island-wide, the new SecuraDrive SUV and CrossDrive AT tyres are now available at authorised CEAT outlets with introductory pricing.

Ranked Sri Lanka’s most valuable tyre brand by Brand Finance and named the ‘Most Loved Tyre Brand’ in Sri Lanka in 2025 and 2026 by LMD, CEAT sells more than 1.2 million tyres annually. CEAT Kelani’s rise to market leadership is driven by sustained investments in technology, innovation and capacity, with manufacturing operations spanning tyres for passenger cars, vans, SUVs, commercial vehicles, motorcycles, three-wheelers and agricultural vehicles.

Besides meeting around half of Sri Lanka’s automotive tyre demand, CEAT Kelani exports approximately 20 per cent of its output to 16 countries. The company has invested more than Rs. 8.5 billion in Sri Lanka over the past decade and recently committed a further Rs. 4.5 billion, reinforcing its role as a key contributor to the national economy and a trusted partner to the transport sector.

06.07.2026

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All 10 Turbines Now in Sri Lanka as HayWind Accelerates Mannar Wind Farm Development

HayWind One Limited, the wind energy arm of Hayleys Fentons Limited, has announced that all ten wind turbines for its 50MW Mannar Wind Farm Project have now arrived in Sri Lanka, marking a key milestone as the project advances into its peak construction and installation phase.
Following the arrival of the first shipment of five turbines at Trincomalee Port in May, all ten turbines manufactured by Envision Energy Technology Pte Ltd have now been received in the country. The project comprises 5MW wind turbines featuring 110-metre-high towers and 76-metre-long blades, making it one of the most significant single-site wind energy installations undertaken in Sri Lanka to date.
The transportation of components from Trincomalee Port to the Mannar project site has been underway, with logistical support provided by the project logistics division of Hayleys Advantis Limited. With the full consignment now in-country, HayWind is firmly in the advanced execution phase of the project, with large-scale installation preparations and commissioning readiness activities now intensifying on site.
Once operational, the wind farm will add 50MW of renewable energy capacity to the national grid, delivering cumulative savings of approximately LKR 100 billion in imported fossil fuel costs over its 20-year lifecycle. The project will also contribute to foreign exchange conservation, local employment generation, skills development, and Sri Lanka’s broader climate and energy transition objectives.
Commenting on the milestone, Hasith Prematillake, Managing Director of Hayleys Fentons, stated:
"The arrival of all wind turbine components marks a defining step forward in Sri Lanka's transition toward diversified renewable energy. Beyond its scale, this project reflects our ability to compete and win at an international level while retaining critical value within the country. More importantly, it demonstrates the strength of local engineering capability in delivering complex infrastructure through Sri Lankan expertise. We look forward to energising this important plant by December 2026.”
Roshane Perera, Deputy Managing Director – Energy of Hayleys Fentons, added:
"Getting all ten turbines safely into the country is a major logistical achievement, but what excites us most is what comes next. Our teams are already progressing the civil works at Mannar, and having the full fleet on hand allows us to move into installation with confidence. This project is being delivered by Sri Lankan engineers, and that is exactly the kind of capability we want to keep building in this sector."
Hayleys Fentons Limited has firmly established its leadership in Sri Lanka's renewable energy sector through the proven track record of its solar arm, Hayleys Solar. With the Mannar Wind Farm, the company is now extending that same demonstrated capability into wind energy through HayWind One Limited, reaffirming its position as Sri Lanka's foremost diversified renewable energy leader.

06.07.2026

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Softlogic IT wins Outstanding Performance award at Xerox Channel Partner Meet

Softlogic Information Technologies (Pvt) Ltd. was recently honoured with the award for Outstanding Performance at the International Xerox Channel Partner Meet, further cementing its reputation as one of Sri Lanka’s leading providers of printing solutions.

The recognition was awarded based on Softlogic IT’s exceptional performance for Xerox imaging products during the 2025/2026 financial year, showcasing the company’s significant growth and strong market presence compared to the previous financial year.

“We are honoured to receive Xerox’s award for outstanding regional performance in FY26. At Softlogic Information Technologies, we view Xerox not just as a printing brand but as a full workplace-technology partner, combining intelligent imaging, document security, workflow automation, cloud connectivity and managed print services to help businesses and government agencies cut costs, boost productivity, and securely convert paper processes into efficient digital workflows. We focus on delivering measurable, industry-specific outcomes for banking, healthcare, government, education, retail and commercial printing. We’re pleased to have partnered with Xerox, and with its recent acquisition of Lexmark Corporation, we now offer an even stronger portfolio to meet the evolving demands of the digital economy” stated, Roshan Rassool, CEO Softlogic Information Technologies. Pvt Ltd.

With over 30 years of industry expertise since its establishment in 1991, Softlogic IT has built a strong reputation through its customer-centric approach and island wide service capabilities. The company’s key strength lies in its highly trained in-house technical team operating across all 25 districts in Sri Lanka, ensuring uninterrupted and reliable service support for customers. This a distinct advantage in an industry where many competitors rely on outsourced technical operations.

Designed to support workspaces of any size, Xerox offers a comprehensive portfolio of office printing and workflow solutions, ranging from monochrome and colour multifunction printers (MFPs) to intelligent software and applications that act as workplace assistants. With advanced security features, including robust data encryption and protection capabilities, Xerox solutions help organizations enhance productivity, streamline document workflows, and safeguard sensitive information in today’s increasingly digital work environment.

Softlogic IT’s latest recognition further reinforces its position as a trusted technology partner, continuing to deliver innovative printing solutions backed by reliable service and technical expertise across the country.

06.07.2026

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The Council for Business with Britain Appoints Ameena Ziauddin as President At 26th Annual General Meeting

The Council for Business with Britain (CBB) of The Ceylon Chamber of Commerce held its 26th Annual General Meeting at Westminster House, Colombo, bringing together members and stakeholders committed to strengthening trade and investment relations between Sri Lanka and the United Kingdom.
Ms. Ameena Ziauddin, Managing Director of Norfolk Foods, was elected President of the Council for Business with Britain for the 2026–2027 term. Mr. Shiluka Goonewardene, Principal and Head of Deal Advisory at KPMG in Sri Lanka, assumed office as Senior Vice President, while Mr. Fadhil Jiffry, Chief Financial Officer of LSEG, was elected Vice President. Ms. Krystle Reid Wijesuriya, Chief Executive Officer of We Are Team Rocket, was elected Treasurer. Immediate Past President Mr. Mark Surgenor, CEO, of HSBC will continue to serve on the Committee.
The following companies were elected to serve on the Council’s Committee for 2026–2027: Aitken Spence Travels (Pvt) Ltd, GTN Technologies (Pvt) Ltd, Hayleys PLC, Hilton Colombo Residences, John Keells Holdings PLC, MAS Holdings (Pvt) Ltd, Ocean Pick (Pvt) Ltd, Point to Point Consulting, Unilever Sri Lanka Limited, Wilton Metal Box Company (Pvt) Ltd.
The Council also invited Ms. Asanthi Fernando, Head of Trade & Investment at the British High Commission; Mr. Sanath Manatunge, Chief Executive Officer of Commercial Bank of Ceylon PLC; Ms. Hannah Wells, Principal of The British School in Colombo; and Mr. Orlando Edwards, Country Director of the British Council Sri Lanka, to serve on the Committee by invitation. Mr. Shirendra Lawrence, Ms. Roshanie Moraes, and Ms. Tania Polonnowita were appointed to the Advisory Committee, ensuring continuity and strategic guidance for the Council’s future initiatives.
Addressing the gathering, His Excellency Andrew Patrick, British High Commissioner to Sri Lanka, congratulated the Council on its continued achievements in promoting bilateral business relations. While commending Sri Lanka businesses for their adaptability and innovation, he welcomed the increase in British tourist arrivals to Sri Lanka and recent developments in aviation connectivity, which are expected to further strengthen commercial engagement and linkages between the two countries.
Highlighting the United Kingdom's continued commitment to supporting Sri Lanka's economic growth, His Excellency drew attention to the Developing Countries Trading Scheme (DCTS), one of the  most generous trading preference schemes in the world, which provides zero-tariff access for Sri Lankan exporters to the UK market. He noted that the latest reforms introduced in January 2026 provide a significant boost to Sri Lanka's apparel sector by expanding preferential market access and enhancing the competitiveness of Sri Lankan exports. He encouraged Sri Lankan businesses to make full use of the opportunities available under the DCTS to diversify exports, increase trade, and further strengthen the economic partnership between the United Kingdom and Sri Lanka.
Delivering his farewell address, Outgoing President Mr. Mark Surgenor reflected on a year of significant progress for the Council. He noted the continued growth of bilateral trade, supported by the United Kingdom’s Developing Countries Trading Scheme (DCTS), which has created enhanced market access opportunities for Sri Lankan exporters. Mr. Surgenor highlighted several key achievements during his tenure, including the establishment of a dedicated Next Generation and SME platform aimed at engaging young professionals, entrepreneurs, and future business leaders, economic briefings, networking events, and collaborative engagements with public and private sector stakeholders.
In her inaugural address, Ms. Ameena Ziauddin reaffirmed her commitment to strengthening the Council’s role as a platform for business collaboration and highlighted the success of the NextGen Committee, the first initiative of its kind established under a business council in Sri Lanka. The platform has created opportunities for young professionals and entrepreneurs to engage meaningfully with the business community while supporting the development of future business leaders.

04.07.2026

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Sri Lankan AI Company sixn.ai Wins at Asia’s Largest AI Hackathon, Putting Sri Lanka on the Global Agentic AI Map

Sri Lankan Agentic AI Studio sixn.ai has secured a major international victory at the SuperAI NEXT Hackathon 2026 in Singapore, finishing among the Top 5 teams overall and winning the Best Use of Stripe Award for its AI fashion companion, Bloom.
The achievement marks a significant milestone not only for sixn.ai but also for Sri Lanka’s growing presence in the global artificial intelligence landscape. Competing against 700 applicants, 80 teams, and participants from 26 countries, sixn.ai was the only Sri Lankan company to secure a place in the overall Top 5 at one of Asia’s largest and most competitive AI events.
SuperAI is widely regarded as Asia’s largest AI event, bringing together leading AI founders, researchers, investors, technology companies, and innovators from around the world. The SuperAI NEXT Hackathon is one of the conference’s flagship competitions, providing a platform for emerging AI builders to develop and showcase cutting-edge solutions under intense time constraints. Securing a Top 5 finish among international participants places sixn.ai alongside some of the region’s most promising AI innovators and highlights Sri Lanka’s growing capabilities in the field of advanced artificial intelligence.
Built within the hackathon’s intense 36-hour timeframe, Bloom is an AI-powered fashion companion that demonstrates how intelligent agents can understand user intent, coordinate tasks, and deliver seamless commerce experiences, showcasing the practical potential of Agentic AI.
For sixn.ai, the recognition validates a broader vision: AI agents should do more than assist users. They should understand business context, collaborate across workflows, and execute complex tasks with meaningful autonomy.
 “The AI landscape has changed dramatically. Building quality AI products is no longer the biggest challenge.”, Shivantha Meepage, Founder Sixn.ai. He continued to state, “The real opportunity lies in understanding business context, identifying meaningful problems, and applying AI where it can create measurable impact. At sixn.ai, our strength is combining deep business understanding with Agentic AI to design systems that simplify complexity and deliver real outcomes. This recognition validates that approach.”
Founded with the mission of building the operating layer for the next generation of enterprises, sixn.ai develops Agentic AI solutions that enable organizations to move beyond traditional automation and embrace intelligent, autonomous systems.
Unlike conventional AI consultancies, sixn.ai designs, builds, and deploys Agentic AI systems where software doesn’t simply respond to instructions—it understands context, coordinates workflows, and executes complex tasks autonomously. Headquartered in Colombo, the company represents a new generation of South Asian technology builders creating globally competitive AI products with a product-first mindset and deep technical expertise.
The dual recognition at SuperAI NEXT 2026 validates both the technical sophistication of sixn.ai’s architecture and its ability to rapidly transform ideas into deployable products. More importantly, it signals a broader shift in how Sri Lanka is viewed within the global technology ecosystem—from an outsourcing destination to an emerging hub for AI-native product innovation.
Looking ahead, sixn.ai plans to expand its enterprise AI systems portfolio, pursue strategic international partnerships, and continue showcasing Sri Lankan innovation on the world stage.
As the global race toward Agentic AI accelerates, sixn.ai’s performance at SuperAI NEXT 2026 serves as a powerful reminder that groundbreaking AI innovation can emerge from anywhere—and that Sri Lanka is firmly in the race.

04.07.2026

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CHEC Commences Construction of Home Lands Skyline’s Pentara Residencies in Colombo 05

China Harbour Engineering Company (CHEC) officially commenced construction of Pentara Residencies by Home Lands Skyline, a premium twin-tower super high-rise residential development in Colombo 05, with a ceremonial groundbreaking held at Pentara Residencies, Colombo 05.
The event brought together senior representatives of CHEC, Home Lands Skyline, project consultants, investors, and invited guests, reflecting the shared commitment behind one of Colombo’s notable upcoming residential developments. The occasion marked the formal transition of the project from planning and design to construction and implementation.
As the construction partner for the project, CHEC will bring its engineering strength, high-rise construction expertise, and large-scale project delivery capabilities to the development. CHEC’s role is central to the successful execution of Pentara Residencies, particularly given the technical scale of the project and its location within one of Colombo’s most connected urban areas.
Pentara Residencies by Home Lands Skyline is situated within Colombo’s core administrative and residential district, approximately 4 km from Colombo City Centre, 35 km from Bandaranaike International Airport, and 7.4 km from the Port of Colombo Container Terminal.
Pentara Residencies is a premium twin-tower residential development in Colombo 05, comprising 31 and 41-storey towers with a total gross floor area of approximately 87,000 square metres.
The construction commencement represents an important step forward for the project and highlights the collaboration between CHEC and Home Lands Skyline, together with the wider project team. It also reflects the confidence of stakeholders in delivering a high-quality residential development that will contribute to Colombo’s evolving urban landscape.
Commenting on the project, Mr. Wang Gang, Managing Director, China Harbour Engineering Company (CHEC), said, “Pentara Residencies by Home Lands Skyline is an important high-rise residential development in Colombo, and CHEC is proud to serve as the construction partner for this project. A development of this scale requires strong engineering coordination, disciplined project management, and a clear commitment to quality and safety. Our partnership with Home Lands Skyline is built on a shared objective to deliver a project that meets high construction standards and creates long-term value for Colombo’s residential landscape.”
The commencement of construction is expected to support regional economic activity through industrial engagement, supplier participation, and employment generation. It is also expected to strengthen Colombo’s position as a modern urban centre by adding high-quality vertical living infrastructure to the city.
CHEC’s involvement further demonstrates its continued contribution to Sri Lanka’s construction and infrastructure sectors. With experience in delivering complex, large-scale developments, CHEC is well positioned to support the successful delivery of Pentara Residencies while upholding international construction standards, technical discipline, and project execution excellence.
The project reflects a shared vision between CHEC and Home Lands Skyline to contribute to the next phase of Colombo’s residential growth. Once completed, Pentara Residencies is expected to become a landmark residential development in Colombo 05, contributing to the area’s continued growth and the city’s evolving skyline.

04.07.2026

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The Shoppes at City of Dreams Sri Lanka Becomes a Sweet Social Playground for Cake Date

The 7th floor of The Shoppes at City of Dreams Sri Lanka came alive with colour, creativity and the irresistible joy of cake as it hosted Cake Date on 27 June, bringing together more than 200 guests for an afternoon of flavours, conversations and shared experiences.
Organized as a collaborative event between The Shoppes at City of Dreams Sri Lanka and the Cake Date team, managed by Sugar Daddy, a home based cakery.  The event brought the much-loved cake picnic concept into South Asia's first and largest fully integrated lifestyle destination, City of Dreams Sri Lanka. Centered around the simple idea of bringing, sharing and celebrating cake, Cake Date created a warm and welcoming space for bakers, cake lovers, creators and visitors to connect over beautifully crafted desserts.
The event brought together close to 55 bakers, with more than 100 cakes and desserts displayed across the venue. From indulgent chocolate creations and nostalgic bakes to tropical flavours, spiced desserts, nutty treats and playful love-inspired designs, the spread offered guests a vibrant glimpse into the creativity of Sri Lanka’s growing baking community. Each cake brought its own story, flavour and visual identity to the table, making the experience as much about personal expression as it was about taste.
Adding to the atmosphere were themed stations placed across the venue, each designed to create moments of discovery and interaction for guests. Several vendors and partners also contributed to the energy of the day. Dilmah hosted a tea cart with a curated selection of beverages and light bites, while DIM DIM, Savage Art Ink, Dose of Island, Seashore Garden and Photoboothmelk added their own distinctive elements to the experience. One of the highlights of the afternoon was the spontaneous mini tattoo station by Savage Art Ink, which quickly became a talking point among guests and added a fun, unexpected edge to the event.
Retailers at The Shoppes also played an active role in shaping the overall experience, reinforcing the destination’s position as a place where retail, lifestyle and community moments can come together naturally. Goodie bags were supported by several partners from The Shoppes, including Mimosa, Summer 67, Elegant Charms, Keten, Tofo, Face Lab, Wellness Fix, Thambili Island, Basilur Tea, Layover and Zam Gems, creating added value for guests while encouraging further exploration of the destination.
The event also celebrated creativity through special prizes judged by Ruzaina Hadgie and Aasif Faiz. Elegant Charms presented a voucher worth LKR 50,000, awarded based on the story behind the cake and how visually relevant it was to the event theme. Spa Ceylon also presented a cash prize of LKR 100,000 for a cake inspired by a Spa Ceylon product, encouraging participants to interpret brand inspiration through cake design, presentation and storytelling.
Speaking at the event, Romesh Jayawardena, Director Mall Management, The Shoppes at City of Dreams Sri Lanka, said, “Cake Date was a wonderful example of how The Shoppes can bring people together through experiences that feel fresh, social and memorable. It was encouraging to see such strong participation from bakers, retailers, partners and guests, all contributing to an event that celebrated creativity in a very authentic way. As we continue to grow our events calendar, we look forward to creating more moments that allow Colombo’s communities to gather, discover and connect.”
Cake Date follows other community-driven activities hosted at The Shoppes, including Mat to Matcha 2.0 in collaboration with Soul Theory. With upcoming experiences such as Lanka Collector Con planned for July, The Shoppes at City of Dreams Sri Lanka continues to build momentum as a vibrant lifestyle destination where retail, culture, creativity and community experiences come together.

04.07.2026

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Sri Lanka–Germany Business Council Celebrates Members’ Day 2026

Speech by Mr. Gerard Victoria the President of SLGBC

The Sri Lanka–Germany Business Council (SLGBC) hosted its Members' Day recently,  bringing together industry leaders, diplomats, and business professionals to enhance trade relations between Sri Lanka and Germany. The event served as a platform to acknowledge the significant contributions of German businesses in Sri Lanka and explore future opportunities for bilateral economic cooperation.
His Excellency Dr. Felix Neumann, Ambassador of the Federal Republic of Germany, delivered the keynote address reaffirming Germany’s long-standing cooperation with Sri Lanka’s economy. Highlighting the success of the Sri Lanka German Business Forum 2026, he emphasised that  Germany values Sri Lanka as an important partner in the centre of the Indian Ocean region, bringing essential stability, predictability, and shared values such as free trade, freedom of navigation, and a rules-based global order to the forefront of doing business.
Addressing key areas of bilateral engagement, the Ambassador highlighted significant economic opportunities in logistics, manufacturing, renewable energy, green technologies, digital transformation, and tourism. He emphasised the need for continued trade facilitation, investment promotion, and digital ecosystem collaboration to connect businesses and reduce barriers, also noting the importance of rules-based international trading practices for sustainable economic growth and resilience.  
SLGBC President, Mr. Gerard Victoria, in his address, emphasised the Council’s commitment to promoting trade, tourism, and investment between the two nations while creating valuable opportunities for business collaboration and active member networking.
He also announced key initiatives for the upcoming year, including plans to launch a dedicated corporate social responsibility project which will support a local school with urgent infrastructure requirements.  

04.07.2026

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Atlas launches Sri Lanka's first SLS certified water bottle, reinforcing its commitment to children's safety

Atlas Axillia officials at the unveiling of Sri Lanka's first SLS-certified water bottle. Shamitha Dewanarayana, Marketing Manager; Indrajith Binduhewa, Director – Sales & Operations; Asitha Samaraweera, Managing Director; Kasuni Bandara, General Manager – Marketing; Fabian Ananth, Category Head; and Anusha Abeygunawardena, Senior Brand Executive.

Atlas, Sri Lanka's leading learning brand trusted by parents for decades, has supported children's growth and development through products that make learning fun and help unlock their full potential. As a brand that has been part of Sri Lankan childhoods for generations, Atlas has consistently focused on creating products that inspire creativity, encourage curiosity and make learning a positive experience for children. Building on this legacy, Atlas has introduced Sri Lanka's first SLS certified water bottle, extending that commitment beyond learning by offering parents a trusted and certified choice for one of their children's everyday essentials.
The launch comes at a time when greater attention is being placed on product safety, quality assurance and consumer protection. Achieving SLS certification involves a rigorous evaluation process, including extensive testing and strict compliance with the newly introduced national standard for plastic water bottles established by the Sri Lanka Standards Institution (SLSI). The certification assures parents that the Atlas water bottle meets recognised requirements for safety, quality and reliability, while reflecting the brand's continued commitment to upholding high standards of safety, quality and reliability across its product portfolio.
The official launch, held at Cinnamon Grand Colombo, brought together representatives from regulatory authorities, healthcare professionals, industry experts, media representatives and the Atlas leadership team to discuss the growing importance of certified products, nationally recognised quality standards and informed consumer choices.
Speaking at the event, Indrajith Binduhewa, Director Sales & Operations, Atlas Axillia, said, "At Atlas, everything we do begins with a simple question: Is it good for the child? As a brand trusted by generations of Sri Lankan families, we believe safety should never be left to chance. Becoming the first brand in Sri Lanka to obtain SLS certification for a water bottle reflects our commitment to setting higher standards while giving parents greater confidence in the products their children use every day. We are proud to support this important step towards a safer future for children."
The event also featured an expert panel discussion with representatives from key stakeholder groups, highlighting the role of quality standards, certification and consumer awareness in strengthening product safety and protecting children and families.
Commenting further, Kasuni Bandara, General Manager Marketing, Atlas Axillia, said, "Parents have trusted Atlas to be part of their children's lives for generations. This launch is about honouring that trust by offering a safer, certified choice for one of the most frequently used everyday essentials. We hope this milestone encourages greater awareness of certified products while helping parents make informed decisions with confidence."
With the introduction of Sri Lanka's first SLS certified water bottle, Atlas continues to champion higher product standards while supporting national efforts to promote safer, quality-assured products for Sri Lankan families, reinforcing its commitment to putting children's wellbeing at the heart of everything it does.
04.07.2026

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Hayleys Solar Commissions 90 kW Solar Power System at Faculty of Medicine, University of Colombo

Representatives from Hayleys Solar officially hand over the 90 kW solar power system to the Faculty of Medicine, University of Colombo. Image Caption 2 - A bird’s-eye view of the newly installed 90 kW rooftop solar power system by Hayleys Solar at the Faculty of Medicine, University of Colombo.

Hayleys Solar, Sri Lanka’s No. 1 renewable energy solutions provider, has successfully handed over a 90 kW rooftop solar power system to the Faculty of Medicine, University of Colombo, marking a significant milestone in advancing clean energy integration within the country’s higher education sector.
Initiated by the Old Boys’ Association of the Faculty of Medicine, University of Colombo, the project reflects the powerful role alumni can play in advancing institutional development and long-term sustainability.
The installation will help meet a substantial portion of the faculty’s daily energy requirements, reducing reliance on conventional grid electricity while enhancing energy efficiency and lowering its carbon footprint.
“As Sri Lanka continues its journey towards a more sustainable energy future, initiatives such as this demonstrate the growing importance of renewable energy adoption across key sectors. Educational institutions play a vital role in shaping future generations, and integrating clean energy solutions into their operations creates a lasting impact beyond energy savings. At Hayleys Solar, we are proud to support institutions such as the Faculty of Medicine, University of Colombo, in achieving greater energy independence while contributing towards the country’s renewable energy goals,” said Roshane Perera, Deputy Managing Director - Energy, Hayleys Fentons Limited.
As institutions increasingly embrace responsible resource management, the Faculty of Medicine’s investment in renewable energy sets a strong benchmark for sustainable campus development across the country.
The project delivers both economic and environmental value, helping the Faculty reduce operational energy costs while contributing to meaningful reductions in greenhouse gas emissions over the long term.
With this successful handover, Hayleys Solar continues to play a leading role in supporting Sri Lanka’s transition toward renewable energy, highlighting the impact of partnerships between the private sector, educational institutions, and alumni networks to build a more sustainable future.

04.07.2026

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The Ceylon Chamber Convenes Dialogue on Energy Security and Standards for Sri Lanka’s Energy Transition

The Ceylon Chamber of Commerce recently hosted a discussion titled “Energy Transition in Sri Lanka: Strategic Insights from Global Markets”, bringing together representatives from the public and private sectors, industry experts, academics, and other stakeholders to examine the opportunities and challenges associated with Sri Lanka’s evolving energy landscape.
Held at a time when countries around the world are accelerating their transition towards cleaner, more resilient, and technology-driven energy systems, the event provided a timely platform to examine renewable energy not only as an environmental priority but as a strategic pillar of national energy security, with implications for economic growth and long-term competitiveness. The discussion also considered the increasing importance of reliable energy infrastructure in meeting the growing demands of digital transformation, including emerging technologies such as artificial intelligence, electric mobility, and data centres.
The programme covered a wide range of topics relevant to Sri Lanka’s energy future, including renewable energy development, energy security, regulatory and policy frameworks, electricity sector reforms, energy storage systems, grid modernization, investment and financing considerations, and international experiences in energy transition. Particular attention was given to the need for creating an enabling environment that supports innovation, attracts investment, including the technical and safety standards required to protect consumers and businesses as storage and solar adoption scales nationally.
The discussion further highlighted the importance of aligning energy policy with broader economic development objectives, recognizing that affordable, reliable, and sustainable energy is a critical enabler of competitiveness, industrial growth, and national resilience. Speakers at the discussion noted that as Sri Lanka scales renewable and storage capacity, clearly defined technical standards and frameworks will be essential to ensuring system reliability and investor confidence. The role of emerging technologies, technical standards, skills development, and industry–academia collaboration in supporting the next phase of Sri Lanka’s energy transition was also explored.
As Sri Lanka continues its efforts to build a more sustainable and secure energy future, forums of this nature provide an important opportunity for dialogue, knowledge sharing, and collaboration among stakeholders. Building on the discussions at this forum, the Ceylon Chamber of Commerce will continue working with industry and government stakeholders to develop evidence-based policy recommendations, including technical and safety standards, supporting Sri Lanka's energy transition. Through initiatives such as these, the Ceylon Chamber of Commerce remains committed to facilitating constructive engagement on issues of national importance and supporting the development of policies and partnerships that contribute to the country's long-term economic progress.

04.07.2026

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Sri Lanka’s Smartest Investors Have Stopped Waiting a Lifetime to Profit From Land

For as long as anyone can remember, Sri Lankans have bought land the way their parents and grandparents did: acquire a plot, hold it for twenty or thirty years, and pass it down. It is one of the most trusted ways to build wealth on the island. But it has always carried one quiet assumption — that land only rewards those patient enough to wait a lifetime.
Groundworth has decided to challenge that assumption.
The premium land developer is introducing a way of thinking that is new to the local market: land as a mid-term investment. The idea is simple but disruptive. Instead of buying a plot and forgetting about it for a generation, a Groundworth investor can acquire carefully selected land, watch it appreciate, and turn it around in as little as one to two years — then reinvest the gains and compound their net worth, plot after plot.
It is a bold claim in a country where land has always meant “buy and wait.” Groundworth backs it with a track record: the company says its developed lands have historically appreciated between 20% and 30% a year, and that several of its clients have already resold the same investment two and three times over, accelerating their wealth each time.
“Land has always been Sri Lanka’s safest asset. We simply asked a different question — why should it take a lifetime to pay you back? With the right land, in the right place, prepared the right way, it doesn’t have to.” Said Kasun Andrahennadi, Managing Director, Groundworth.
Not All Land Is Equal
What allows Groundworth to make this promise is a refusal to develop ordinary land. Every plot the company offers must pass a strict, five-point selection standard before it is brought to market:
▪  Clear, clean deeds — ownership you never have to worry about.
▪  A minimum 20-foot access road - proper, permanent access to every plot.
▪  A genuine residential neighbourhood - land surrounded by homes and life, not isolation.
▪  Proximity to amenities - schools, hospitals, towns and conveniences within easy reach.
▪  High appreciation potential - locations positioned to grow in value year on year.
From there, Groundworth does what most land sellers never do - it builds. The company secures every approval, lays carpeted roads and engineer-approved drainage and develops its plots into secure, gated communities. In selected projects, it goes further still, designing and constructing homes within the development itself, so a neighbourhood takes shape from day one. The result is land that is not merely sold, but cultivated and land that appreciates because it deserves to.
Three Ways to Grow
Groundworth recognises that no two buyers want the same thing from land and it builds its guidance around three kinds of investor:
The Value Builder is the mid-term investor — the new breed Groundworth is creating — who buys to turn the land around within a year or two and reinvest the gains.
The Legacy Builder is the traditional long-term investor, securing prime land in a developed area so that its value compounds and the next generation inherits something truly worth having.
The Home Maker buys to build and finds in Groundworth a one-stop partner that designs and builds the house, and handles every approval and tedious process along the way.
Grounds for Growth
That discipline has not gone unnoticed. Recognised with a PropertyGuru award and positioning itself as Sri Lanka’s number one land investment company, Groundworth is building more than communities — it is building a new standard for what land ownership can mean.
For the investor who once believed land was a slow, single-generation bet, the message is refreshingly direct: your wealth doesn’t have to wait. Whether you are accelerating your net worth, securing your family’s legacy, or finally building the home you’ve pictured for years, Groundworth offers the same firm foundation — grounds for growth.

04.07.2026

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LANKATILES Launches Sri Lanka’s First Solar Reflective COOL ROOFTOP TILE®

Pictured from left: Janaka Vitharana, Interior Designer; Gayani Champika, Interior Designer; Layandanee Dahanayake, Interior Designer; Architect Chana Samarasinghe, Chairperson, Sri Lanka Institute of Interior Design; Senior Architect Upuli Jayasinghe, State Engineering Corporation and President Sri Lanka Institute of Interior Designers; Representing LANKATILES PLC and LANKA WALLTILES PLC, Priyantha Talwatte, Managing Director; Haresh Somashantha, Director – Finance; Harin Samat, Head of Marketing; Nandajith Somaratne, Executive Director – Manufacturing; Naimish Patibandha, Director – Group Sales, Marketing & Business Development and Architect Dammika Wijeratne, Senior Architect, Central Engineering Consultancy Bureau.

LANKATILES PLC officially introduced Sri Lanka’s first solar reflective COOL ROOFTOP TILE® at a media launch held on 2nd July at the Winchester Hall of The Kingsbury, Colombo. The breakthrough innovation was unveiled before members of the media, industry stakeholders and construction professionals as a practical solution to the growing challenge of heat transfer from exposed rooftops, terraces and balconies into indoor living spaces.
As temperatures continue to rise across Sri Lanka, exposed rooftop surfaces have become a growing source of discomfort, increasing heat transfer into buildings and driving greater dependence on cooling systems. Developed through extensive research and engineering, the COOL ROOFTOP TILE® is designed to reflect a significant portion of solar radiation before it is absorbed into the building structure, helping create cooler rooftop surfaces and more comfortable indoor environments.
Commenting on the launch, Priyantha Talwatte, Managing Director of LANKATILES PLC, said, “For over five decades, LANKATILES has continuously introduced innovations that have transformed the way Sri Lankans build and experience their homes. The launch of Sri Lanka's first COOL ROOFTOP TILE® marks another significant milestone in that journey. As temperatures continue to rise and thermal comfort becomes an increasing concern for homeowners, we recognised the need for a solution that addresses this challenge at its source. This innovation reflects our commitment to developing products that not only enhance living spaces but also improve the everyday quality of life for Sri Lankan families.”
Developed specifically for Sri Lankan building environments where exposed concrete slab rooftops are common, the innovation addresses a challenge familiar to many homeowners. Rooftops absorb and retain large amounts of heat throughout the day, gradually transferring that heat into the spaces below. COOL ROOFTOP TILE® helps minimise this process, supporting cooler indoor temperatures and improved comfort throughout the day and night.
The product's performance has been independently verified through testing conducted by the CEPT Advisory Foundation (CAF), India, achieving an outstanding Solar Reflectance Index (SRI) value above 96. SRI is a globally recognised measure used to assess how effectively a surface reflects solar radiation and dissipates heat. A higher SRI value indicates a cooler surface under direct sunlight, highlighting the tile’s exceptional solar reflective capabilities.
Speaking on the consumer benefits of the innovation, Naimish Patibandha, Director – Group Sales, Marketing & Business Development, LANKATILES, stated, “Consumers today want solutions that genuinely improve the way they live. COOL ROOFTOP TILE® represents a powerful combination of comfort, innovation and practicality. Helping reduce rooftop heat gain and creating more comfortable indoor environments allows homeowners to combat the effects of rising temperatures while enjoying the quality and design excellence that LANKATILES is known for.”
Highlighting the extensive research and technical expertise behind the innovation, Nandajith Somaratne, Executive Director – Manufacturing, added, “Developing Sri Lanka’s first COOL ROOFTOP TILE® required extensive research, product engineering and performance validation. Achieving an independently verified Solar Reflectance Index value above 96 is a testament to the innovation, technical expertise and manufacturing excellence that continue to drive our organisation forward.”
The introduction of COOL ROOFTOP TILE® reinforces LANKATILES’ position as a pioneer in building innovation while offering homeowners, architects, engineers, developers and construction professionals a practical solution for creating cooler, more comfortable and sustainable living environments in a warming climate.

04.07.2026

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INFRACON 2026 - Infrastructure and Construction Exhibition Kicks Off

By Vipula Amarasinghe

INFRACON 2026, Sri Lanka’s premier exhibition dedicated to the infrastructure and construction sector, opened on 3 July 2026 and will conclude on 5 July 2026 at the Bandaranaike Memorial International Conference Hall (BMICH) in Colombo. The event will bring together leading companies, industry professionals, and decision-makers from across South Asia.. The event will bring together leading companies, industry professionals, and decision-makers from across South Asia. Organized by Lanka Exhibitions and Conference Services (Pvt.) Ltd. (LECS) in collaboration with SAVOR International Limited of Bangladesh, the exhibition aims to foster regional cooperation and create new opportunities for trade, investment and technological advancement within the infrastructure and construction industries. INFRACON 2026 will showcase exhibitors and suppliers across five key sectors – HVAC-R & Cold Chain, Power & Energy, Green Energy, Safe Water Management, and Building Materials – offering visitors an opportunity to explore the latest technologies, products, and solutions shaping the future of the industry.

The exhibition is endorsed by the Sri Lankan Chapter of ASHRAE (The American Society of Heating, Refrigerating and Air-Conditioning Engineers) and the Solar Industries Association (SIA). The event is supported by several leading industry partners and sponsors, including Gold Sponsor C.W. Mackie PLC, Silver Sponsors AE Solar and Brantel Lanka (Pvt.) Ltd., and Phoenix Super PVC, the Official PVC Partner of the exhibition.

The exhibition is expected to attract developers, contractors, engineers, architects, consultants, policymakers, technology providers, investors and buyers from both Sri Lanka and overseas. International participation from China, India, Pakistan and Bangladesh is expected, making INFRACON 2026 one of the region’s most important industry gatherings. Designed as a business-focused platform, the exhibition will facilitate direct interaction between exhibitors and key industry stakeholders. In addition to the physical exhibition, a dedicated online platform will enable virtual networking and collaboration opportunities for exhibitors, international visitors and trade buyers.

According to the organizers, INFRACON 2026 will further strengthen Sri Lanka’s position as a regional business and MICE destination while contributing to the development and modernization of the country’s infrastructure and construction sectors.

04.07.2026

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Hayleys Solar and PMF Finance PLC Partner to Expand Access to Solar Energy through Flexible Financing Solutions

In a move aimed at accelerating solar adoption across Sri Lanka, Hayleys Solar, Sri Lanka’s No. 1 solar energy provider, has joined forces with PMF Finance PLC to provide accessible financing solutions that help residential and commercial customers invest in clean energy with greater ease and confidence.
The partnership brings together Hayleys Solar's extensive expertise in renewable energy and PMF Finance PLC's over 43 years of experience in Sri Lanka's financial services sector, creating a seamless pathway for customers seeking to invest in sustainable energy solutions.
Customers will gain access to customised financing solutions designed to reduce the upfront cost of solar installations, enabling greater long-term savings on electricity bills while supporting Sri Lanka's transition towards a more sustainable and resilient energy future.
Speaking on the partnership, Mr Roshane Perera, Deputy Managing Director – Energy, Hayleys Fentons, stated:
“This partnership with PMF Finance PLC marks an important step in our mission to make solar energy more accessible to a wider segment of society. By integrating flexible financing solutions with our renewable energy offerings, we are enabling more customers to confidently invest in clean energy while enjoying long-term financial and environmental benefits.”
Commenting on the collaboration, Prof. (Dr) Dewasiri N. Jayantha, Director/Chief Executive Officer of PMF Finance PLC, stated:
“We are pleased to collaborate with Hayleys Solar in supporting Sri Lanka’s transition towards sustainable energy. Through our financing solutions, we aim to make solar adoption more achievable for customers by easing financial constraints and providing convenient repayment options.”

04.07.2026

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Expo Visa Services Triumphs with Five Wins at SLASSCOM Ingenuity Awards 2026

Expo Visa Services (EVS) has been recognized with multiple accolades at the SLASSCOM National Ingenuity Awards (SNIA) 2026, reaffirming its commitment to innovation and digital transformation within the visa and education services sector.
The company's digital platforms, Study Fly and the EZ Visa App, were recognized across both provincial and national categories, earning a total of five awards at this year's competition.
Among the achievements, Study Fly was named the Western Province Winner for Best Innovative Product in Edu-Tech and Best Innovative Product in E-Commerce, while also securing the National Winner title for Best Innovative Product in Edu-Tech and National First Runner-Up for Best Innovative Product in E-Commerce. The EZ Visa App further strengthened EVS' success by being recognized as the National Winner in the E-Commerce category.
The SLASSCOM National Ingenuity Awards is one of Sri Lanka's most respected technology platforms, recognizing organizations and individuals who leverage innovation, technology, and creativity to develop impactful products and solutions that contribute to the country's digital economy.
Commenting on the recognition, Ashani Jayawickrama, Head of IT, Expolanka Leisure Cluster, said:
"It is incredibly rewarding to see our products receive recognition at a national level. While awards are always encouraging, our primary focus has been on creating digital solutions that make our services more accessible, efficient, and meaningful for our customers. These recognitions validate the effort invested by our teams in continuously improving the way people engage with education and visa-related services through technology."
Speaking on the achievement, Chanaka Rajaratne, Head of Expo Visa Services, stated:
"As one of Sri Lanka's leading visa service providers, we recognize the importance of continuously evolving to meet changing customer expectations. Innovation has become an essential part of how we operate, and we remain committed to developing technology-driven solutions that enhance customer engagement, simplify processes, and create greater convenience throughout the customer journey. These awards are a reflection of that commitment and the dedication of our teams."
The recognition further reinforces EVS' position as a forward-thinking organization that continues to invest in digital innovation, creating solutions that improve accessibility, efficiency, and customer experience across its service offerings.

02.07.2026

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Hayleys Mobility Expands Service Network with New Workshop Facility in Bellanthara

By Vipula Amarasinghe

Further strengthening its customer-focused service strategy, Hayleys Mobility Limited has opened a new workshop facility at No. 88, Nikape Aththidiya Road, Bellanthara, extending access to high-quality after-sales support for vehicle owners. The expansion forms part of the company’s broader initiative to develop a more accessible service network that extends beyond its main service station on Arnold Ratnayake Mawatha, Colombo 10, through certified service partners.
Strategically located to serve customers in Colombo and its surrounding suburbs, the Bellanthara facility offers a comprehensive range of maintenance and repair services designed to deliver greater convenience and faster service access. Equipped with advanced diagnostic tools and modern workshop technology, the facility is staffed by trained technicians who provide manufacturer-standard servicing for Hayleys Mobility's growing portfolio of automotive brands, including OMODA & JAECOO, KAIYI, and SRM.
Commenting on the opening, Managing Director of Hayleys Fentons Limited, Hasith Prematillake, stated, "At Hayleys Mobility, our commitment to customers extends well beyond the point of purchase. The opening of our Bellanthara workshop represents another important step in strengthening our after-sales capabilities and ensuring our customers have access to convenient, reliable, and professional service. As we continue to grow our mobility portfolio, investing in customer experience and service excellence remains a key priority."
The new workshop has been designed to reduce turnaround times while maintaining the highest standards of quality and safety. Customers will benefit from improved accessibility, expert technical support, and the assurance of services delivered in accordance with manufacturer specifications.
Speaking on the significance of the new facility, Executive Director of Hayleys Mobility Limited, Ms. Roshani Dharmaratne, said, "The Bellanthara workshop is a reflection of our customer-first approach and our vision to continuously elevate the ownership experience for our customers. By expanding our service footprint, we are creating greater value for vehicle owners while building long-term trust in the brands we represent."
As Hayleys Mobility continues to expand its presence in Sri Lanka's automotive sector, the company remains focused on delivering innovative mobility solutions supported by a robust network of sales, service, and customer care facilities designed to meet the evolving needs of modern vehicle owners.

02.07.2026

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SLID Welcomes FitsAir as a Gold Partner to Advance Strategic Corporate Collaboration

Anitra Perera - CEO at Sri Lanka Institute of Directors, Shafiya Cassim - Head of Marketing & Communications at FitsAir, Diunie Perera - Marketing Executive at FitsAir.

The Sri Lanka Institute of Directors (SLID) has officially entered into a strategic partnership with FitsAir, Sri Lanka’s first privately owned international airline and a leading low-cost carrier, committed to providing affordable, reliable, and hassle-free air travel formalized through the signing of a Memorandum of Understanding (MoU), marking the onboarding as a Gold Partner of SLID.
This collaboration demonstrates SLID's ongoing commitment to forming high-impact partnerships with leading corporations, increasing its engagement with the business community, and enhancing value delivery to its members by gaining access to larger industry networks and knowledge ecosystems.

The partnership combines FitsAir's position as a dynamic and fast evolving player in Sri Lanka's aviation industry with SLID's mission to advance corporate governance and Director development. Together, the two institutions hope to provide significant platforms for professional development, cross-industry communication, and leadership engagement.
Commenting on the partnership, Anitra Perera, CEO of the Sri Lanka Institute of Directors (SLID) stated: "SLID's role as a national platform for corporate leadership and governance excellence is strengthened by our partnership with FitsAir. We are expanding our members' opportunities to engage with industry innovation, broaden their strategic vision, and benefit from more varied corporate perspectives by integrating a forward-thinking aviation brand into our ecosystem. This collaboration is a practical step toward strengthening leadership development and increasing the value we provide to the business community, in addition to being a symbol of cross-sector alignment.”
Ammar Kassim, Executive Director of FitsAir added: "Our partnership with SLID demonstrates a strategic alignment with an institution that is essential to establishing board-level excellence and corporate governance in Sri Lanka. Through this collaboration, FitsAir is able to improve our leadership presence in the business community, engage more deeply with the corporate sector, and contribute to a larger conversation about sustainable growth and organisational development. We view this as an important platform for the sharing of knowledge and the development of long-term relationships between various industries.” 
This partnership's formalization through a structured MoU demonstrates a shared dedication to long-term collaboration, knowledge exchange, and value generation. Additionally, it represents a growing trend of cross-industry partnerships that strengthen Sri Lanka's corporate ecosystem's potential for innovation, resilience, and leadership.
As SLID continues to expand its strategic alliances, the inclusion of FitsAir as a Gold Partner further strengthens its position as a proactive institution driving corporate engagement, while reinforcing FitsAir’s growing role as a forward-looking corporate brand within the national business landscape. 

02.07.2026

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DIMO Expands Renewable Energy Portfolio with 18MW Solar Power Addition in Galle

DIMO has successfully developed four new solar power plants in the Galle district, adding a total of 18MW of clean energy capacity to Sri Lanka’s national grid, further strengthening its renewable energy portfolio. The utility-scale solar power plants situated in Rathgama and Akmeemana were developed through fully owned subsidiaries of DIMO as Independent Power Producer (IPP) projects and are now part of the country's ongoing efforts to expand renewable energy.
The projects include the 3MW Solar Power Plant owned by DIMO Solar Galle (Private) Limited as well as DIMO Solar Galle Two (Private) Limited, DIMO Solar Galle Three (Private) Limited, and DIMO Solar Galle Four (Private) Limited, each of which adds a further 5MW of solar power capacity to the national grid. 
DIMO's total cumulative solar generation capacity has grown to 25.845 MW (AC) with the inclusion of the new projects, which represents another noteworthy milestone in the company's ongoing investment in sustainable energy infrastructure. Together, the four solar power plants are predicted to reduce carbon emissions by over 12,945 tCO2e yearly while producing about 31.8 million kWh of clean energy. An estimated 37,937 households will receive electricity from the projects, helping Sri Lanka achieve its long-term objectives for environmental sustainability and energy security.
To ensure reliable and efficient energy generation, the solar power plants use high-efficiency solar photovoltaic panels, Smart Transformer Station technology, utility-scale grid-connected solar PV systems, and modern monitoring systems.
Commenting on the milestone, Mr. Wijith Pushpawela, the Executive Director of DIMO, stated, "DIMO's continued commitment to supporting Sri Lanka's shift towards sustainable and renewable energy solutions is shown in the addition of this 18MW solar power capacity. These projects support long-term environmental sustainability and national energy security in addition to strengthening the national grid with clean energy.” 
These projects further demonstrate DIMO's commitment to advancing the country's renewable energy landscape and represent another important milestone in the development of large-scale solar infrastructure in Sri Lanka's southern region.  

30.06.2026

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ComBank and Carmart join forces to make Peugeot and Leapmotor vehicles more accessible

Mr. Kapila Liyanage, Assistant General Manager – Personal Banking and Retail Products at Commercial Bank and Mr. Senake Amerasinghe, Managing Director of Carmart (Pvt) Ltd. exchange the agreement in the presence of representatives of the two companies.

Strengthening its commitment to making vehicle ownership more accessible and affordable, Commercial Bank of Ceylon has entered into a strategic partnership with Carmart (Pvt) Ltd. to offer specially structured leasing facilities for Peugeot and Leapmotor vehicles.

Formalised through a Memorandum of Understanding (MoU), the collaboration brings together the Bank’s expertise in flexible financing and Carmart’s portfolio of internationally recognised vehicle brands, creating a value-rich proposition for customers seeking to purchase new vehicles.

Under this MoU, valid until 30th June 2027, Commercial Bank will offer attractive interest rates, concessions on documentation charges, and a complimentary credit card with the first year’s annual fee waived. These benefits are designed to reduce upfront costs and ease the financial commitment associated with vehicle ownership.

With leasing facilities available through Commercial Bank’s island-wide branch network, a cross section of customers will be able to part-finance their vehicle purchases while structuring repayments to align with their income patterns, enabling greater financial flexibility.

Further enhancing the value proposition, Carmart (Pvt) Ltd. will offer customers a range of added benefits, including a complimentary full tank of fuel, free vehicle registration, and other exclusive privileges, making the overall vehicle ownership experience more rewarding.

The Bank said the partnership reflects its continued focus on delivering practical and customer-centric leasing solutions in collaboration with reputed vendors. By combining competitive rates with cost-saving concessions, the Bank aims to make vehicle ownership more attainable for both existing and new customers.

This collaboration is particularly significant in the current market context, as it offers customers the opportunity to benefit from preferential leasing terms while managing repayments in a way that suits their financial circumstances.

As a pioneer in leasing solutions, Commercial Bank continues to innovate through strategic alliances that enhance value, broaden choice, and support customers in achieving their lifestyle aspirations.

The first Sri Lankan bank with a market capitalisation exceeding US$ 1 Bn., and the first bank in the country to be listed among the Top 1000 Banks of the World, Commercial Bank has the highest capital base among all Sri Lankan banks, is the largest private sector lender in Sri Lanka, and the largest lender to the country’s SME sector. Ranked No. 1 in the Business Today Top 40, the Bank is recognised as the most respected and most-awarded bank in Sri Lanka, is a leader in digital innovation and is the country’s first 100% carbon-neutral bank.

Commercial Bank operates more than 270 strategically-located branches and an extensive network of automated machines island-wide, and has the widest international footprint among Sri Lankan banks, with 21 branches in Bangladesh, a fully-fledged Tier I Bank with a majority stake in the Maldives, a microfinance company in Myanmar, and a representative office in the Dubai International Financial Centre (DIFC). The Bank’s fully-owned subsidiaries, CBC Finance PLC. and Commercial Insurance Brokers (Pvt) Limited, also deliver a range of financial services via their own branch networks.

30.06.2026

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Home Lands Expands Presence in Port City Colombo with the Acquisition of its 2nd Land Parcel in the Central Park District

Market leader, Home Lands Group has marked another significant milestone with the acquisition of its 2nd land parcel within Port City Colombo's prestigious Central Park District. The newly acquired land parcel spanning over 3 acres in extent, is similar in size and located adjacent to the land previously purchased for the landmark Central Park Boulevard Port City Colombo development, further strengthening Home Lands' growing footprint within Sri Lanka's most ambitious urban development project.
The official signing ceremony for the acquisition of the new land parcel took place at Port City Colombo. The event was attended by Mr. Bai Yinzhan, Chairman of China Harbor Engineering Company Ltd; Mr Wang Gang, Managing Director of China Harbour Engineering Company Ltd South Asia and South East Asia, Mr. Xiong Hongfeng, Managing Director of CHEC Port City Colombo and Mr. Nalin Herath, Chairman and Managing Director of Home Lands Group, along with senior representatives of both CHEC Port City Colombo and Home Lands Group.
Home Lands' decision to further expand its presence within Port City Colombo reflects both confidence in the city's future and the company's own financial strength and long-term strategic vision. Notably, the acquisition has been undertaken entirely by Home Lands as a single-developer investment, demonstrating the company's financial stability, investment capacity, and commitment to driving transformative developments independently.
The new land acquisition comes just three months after Home Lands secured the land parcel for its recently launched twin tower high-rise development, Central Park Boulevard Port City Colombo, demonstrating the company's continued confidence in the strategic importance of the Central Park District at Port City Colombo. The Central Park District’s 40-acre modern lush green parkland with scenic waterways, combined with futuristic high-rise developments offer a unique eco-system where residents can live an enriched life amidst nature, greenery, high-rise luxury and Indian Ocen views.
The Chairman and Managing Director of Home Lands Group, Mr. Nalin Herath stated "Home Lands is proud to make another strategic investment within Port City Colombo, reaffirming our confidence not only in this landmark development but also in Sri Lanka's future. Every investment we make is ultimately an investment in the growth, progress, and potential of our nation."
While Port City Colombo continues to evolve into one of South Asia's most significant urban developments, Home Lands' latest acquisition further reinforces the company’s position as the pioneering force that’s taking Sri Lankan real estate to the world. Backed by a proven track record, strong financial foundations, and an unwavering commitment to excellence, Home Lands continues to invest in the future of Sri Lanka’s real estate industry, creating developments that reflect the highest standards of innovation, and excellence.
A master-planned city developed to international standards, Port City Colombo has been envisioned as a next-generation urban destination designed to attract international investment, global businesses, and world-class developments. Combining modern infrastructure, sustainable urban planning, advanced connectivity, and a globally competitive business environment, the city represents a transformative vision for Sri Lanka's future economic growth and international positioning.
Home Lands, Sri Lanka’s number one, most trusted and most innovative developer, has been shaping the nation’s real estate landscape with a legacy built on trust, innovation, and excellence. Home Lands is the pioneer of resort-style residential developments in Sri Lanka and continues to redefine modern living, setting new benchmarks in quality, design, and lifestyle. As a fully integrated group of 14 companies, including its own construction arm, Heyraa Construction, holding the highest CS2 grading from CIDA, Home Lands delivers end-to-end solutions across real estate, construction, property management, and lifestyle creation, ensuring uncompromised quality, innovation, and customer satisfaction.
With a growing global presence and offices in Australia, Dubai, and London, Home Lands serves both local and international clients, delivering landmark residential projects across the country.
Home Lands has earned multiple accolades, including the Best Developer – Sri Lanka award at the PropertyGuru Asia Property Awards for three consecutive years, and in 2025 was honoured with Superbrands status, becoming the only real estate Superbrand in Sri Lanka.
Backed by more than 3,750 units successfully delivered, 500 more units ready to deliver within the next six months, and over 2,200 units currently under construction, Home Lands continues to shape the future of modern living through trust, innovation, and excellence.

30.06.2026

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Brantel Lanka (Pvt) Ltd join hands with INFRACON 2026 as a Silver Sponsor

At Brantel Lanka, technology isn’t just a product, it’s a promise. A promise to empower, to connect, and to lead. For over two decades, we’ve been redefining how Sri Lankans experience technology by delivering solutions that blend global innovation with local insight.
Founded with a vision to bridge the gap between cutting-edge technology and affordability, Brantel has grown into a trusted name across industries. From powering businesses with enterprise-grade IT and networking systems to energizing homes and organizations through sustainable solar solutions. We are at the heart of digital transformation in Sri Lanka.
We are the proud national distributor of E-tel, our homegrown mobile brand, and a key partner for global technology leaders in enterprise networking, fiber optic infrastructure, solar energy systems, and energy cabling solutions. But more than just a distributor, Brantel is a solutions architect. We bring together devices, infrastructure, and support into one seamless experience backed by island-wide service and unmatched reliability. Our story is one of partnership with our customers, with our communities, and with the future. We don’t just sell technology. We enable progress.

30.06.2026

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The Students Visa earns prestigious Navitas UK recognition

Imran Kaisar Talukdar, Student Recruitment Manager (UK & Europe) – Sri Lanka & Bangladesh, Navitas; Bonisha Liyanage, Student Counsellor, The Students Visa; and Anoiline Thevaranjan, Regional Manager – Sri Lanka & Maldives, Global Sales and Marketing, Navitas.

The Students Visa has been recognised with the Navitas UK – New & Emerging Agent Award (Sri Lanka) 2025/26, marking a significant milestone in the company's growth as one of Sri Lanka's emerging international education consultancies. Presented by Navitas UK through a Certificate of Appreciation at a ceremony held recently at Amari Colombo, the award recognises the organisation's strong performance, commitment to excellence and growing contribution to supporting Sri Lankan students pursuing higher education in the United Kingdom.
Navitas UK is a leading global education provider that delivers academic and English-language pathway programmes, direct-entry undergraduate and postgraduate certificates, and postgraduate degrees in partnership with universities across the United Kingdom. The recognition reflects The Students Visa's commitment to connecting aspiring students with internationally recognised education opportunities while maintaining high standards of professional guidance and student support.
Founded by CEO Raees Ul Haq, The Students Visa has rapidly established itself as a trusted name in overseas education consultancy. Through a combination of strategic leadership, operational excellence, digital innovation and a student-centred approach, the organisation has continued to strengthen its presence within the international education sector while expanding partnerships with leading global education providers.
Based at Hatch Works, No. 14 Sir Baron Jayatilaka Mawatha, Colombo 1, The Students Visa provides comprehensive guidance throughout the study-abroad journey, from university selection and applications to visa support and pre-departure services. The consultancy is also supported by British Council-certified counsellors, ensuring students and their families receive ethical, informed and professional advice throughout the admissions process.
Commenting on the achievement, Founder and CEO Raees Ul Haq said: "Receiving this recognition from Navitas UK is a significant milestone for our organisation and reflects the dedication, professionalism and passion of our entire team. From the beginning, our mission has been to provide students with trusted guidance and access to quality international education opportunities. This award inspires us to continue raising the standard of education consultancy in Sri Lanka while strengthening our global partnerships."
COO Nuzri Munsoor, CTO Charindu, and CGO Thilina Rajapakse said the recognition was a proud achievement that validates the company's continued investment in student success, digital innovation and service excellence.
"This award belongs to every member of our team who has worked tirelessly to support students and their families throughout their overseas education journey. We remain committed to delivering transparent, ethical and technology-driven services while building stronger relationships with leading education institutions around the world," Nuzri added.
The Navitas UK – New & Emerging Agent Award marks another important milestone in The Students Visa's journey, reinforcing its commitment to empowering Sri Lankan students with greater access to globally recognised education and long-term academic success.

26.06.2026

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99x's AI Agent Platform Xians.ai Wins National Recognition at SLASSCOM Ingenuity Awards

99x team receiving their accolades in the presence of Dr. Hans Wijayasuriya, Chief Advisor to the President of Sri Lanka on Digital Economy and Chairman of the ICT Agency of Sri Lanka, and Sanjini Munaweera, Director of Finance at SLASSCOM.

Global product engineering company 99x has won both the Provincial and National Awards for Best Innovation in Internal Processes, Technology or Framework at the SLASSCOM National Ingenuity Awards (SNIA) 2026 for Xians.ai, its Agent Control Plane (ACP) designed to orchestrate and scale agentic AI workflows across the organisation.
The recognition comes at a time when businesses worldwide are adapting to move beyond AI experiments and embed AI into day-to-day operations in a meaningful and scalable way. Developed by 99x as an open-source platform, Xians.ai was created to address a challenge the company itself was facing. As demand for AI-powered solutions accelerated, teams were repeatedly building the same foundational infrastructure needed to develop, deploy and manage AI agents. Rather than recreating those capabilities for every project, 99x set out to build a common platform that could provide governance, orchestration, monitoring and scalability across AI-powered systems.
Today, Xians.ai serves as the foundation for both internal operations and customer-facing AI initiatives, enabling teams to automate repetitive processes, coordinate intelligent workflows and accelerate software delivery while maintaining enterprise-grade control and visibility. The platform has also supported the company's broader AI strategy, helping establish AI-enabled engagements as a major contributor to new business growth.
99x Chief AI Officer, Chatura De Silva, said, “What began as an internal solution to accelerate AI adoption has evolved into a strategic capability that helps us deliver greater value for customers and enhance the way our teams build software. It has also played a pivotal role in embedding AI across our engineering practices and supporting our shift towards an AI-driven Development Lifecycle. Winning both the Provincial and National Awards at the SLASSCOM National Ingenuity Awards is a proud milestone that recognises the innovation and impact behind Xians.ai”.
SLASSCOM Executive Director, Chaminda De Silva, stated, “Xians.ai stood out as a strong reflection of 99x’s forward-thinking approach to innovation. The successful integration of AI into their workflows demonstrates how technology can be translated into tangible business outcomes, driving improvements in productivity and organisational capability. This achievement is a great example of how Sri Lankan tech companies are leading the way in operationalising emerging technologies at scale”.
The recognition validates a strategic decision made early in 99x’s journey to invest not only in adopting AI, but in building the capabilities required to operationalise it at scale. The achievement reflects how the company has successfully translated emerging technologies into measurable business impact, while strengthening its position as a leader in AI-enabled software engineering.

16.06.2026

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Spa Ceylon Takes Global Honours at the Marie Claire UK Hair Awards 2026

By Vipula Amarasinghew

Spa Ceylon has been named Best Conditioner for Damaged Hair at the prestigious Marie Claire UK Hair Awards 2026, with its Virgin Coconut Nourishing Hair Conditioner earning recognition alongside some of the most respected and established names in global beauty and professional haircare.
Widely regarded as one of the beauty industry's most influential award programmes, the Marie Claire Hair Awards celebrate products that demonstrate exceptional performance, innovation and efficacy. Winners are selected by a panel of leading hairstylists, trichologists, beauty editors and industry experts following extensive testing and evaluation.
The award-winning Virgin Coconut Nourishing Hair Conditioner combines pure virgin coconut oil sourced from Sri Lanka with advanced cosmetic science to deliver intensive nourishment, hydration and repair for dry, stressed and damaged hair. Designed to improve softness, manageability and overall hair health, the formulation reflects Spa Ceylon's commitment to creating high-performance beauty and wellness solutions inspired by nature and perfected through science.
This latest recognition further strengthens Spa Ceylon's position as a globally respected wellness and beauty brand, demonstrating the growing international demand for products that successfully unite heritage, innovation and performance.
"This award is an incredibly proud moment for all of us at Spa Ceylon. To see one of our products recognised by Marie Claire UK alongside some of the most respected and established names in global beauty is a testament to the strength of our vision, our people and our relentless commitment to quality. For us, this recognition is not just about a single product - it reflects the growing global appreciation for a new generation of wellness brands that successfully combine heritage, innovation and performance."

16.06.2026

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Ceylon Chamber Re-elects Chairperson Krishan Balendra at 187th AGM

The Ceylon Chamber of Commerce announced the re-election of Chairperson Krishan Balendra and the election of its Board for the Year 2026/27 at the Chamber’s 187th Annual General Meeting on June 25. High Commissioner of Britain to Sri Lanka, His Excellency Andrew Patrick, attended as Chief Guest.
The 2026/27 office-bearers are Chairperson Krishan Balendra, – Chairperson John Keells Holdings PLC, Vice Chairperson Bingumal Thewarathanthri – CEO, Standard Chartered Bank Sri Lanka, and Deputy Vice-Chairperson Vinod Hirdaramani – Chairman, Hirdaramani Group. Jayanthi Dharmasena – Managing Director, Hayleys Agriculture Holdings Ltd., Kasturi Chellaraja Wilson – Chief Operating Officer, Head of APAC – 5Hour International Corporation Singapore, Shibani Thambiayah – Managing Director, Renuka Hotels PLC, Supun Weerasinghe – Director/Group CEO – Dialog Axiata PLC, and Shiran Fernando – Secretary-General and CEO will serve as Board Members. Mr. Rohana Dissanayake – Group Chairman and Managing Director of David Pieris Motor Company Pvt. Ltd. will also join the Board, replacing Mr. Bernhard Stefan - Managing Director – Nestlé Lanka PLC, who relocated overseas.
In his remarks, Mr. Balendra noted that over the past year, the Chamber adopted a more solutions-oriented approach to advocacy, focusing not only on identifying challenges but also on developing constructive recommendations in collaboration with government, industry stakeholders, and development partners, with this approach yielding stronger results. “Through our engagement in the Budget 2026 process, eighteen recommendations proposed by the Chamber were incorporated into the national budget, covering areas such as trade facilitation, investment promotion, digitalisation, infrastructure, and improving the ease of doing business. This builds upon the strong momentum established in previous years and demonstrates the value of evidence-based, constructive engagement.
The Chamber also contributed to addressing emerging global trade challenges, including tariff-related issues affecting Sri Lankan exports. By representing private sector perspectives in Presidential Committees, we supported efforts to safeguard export competitiveness and strengthen trade resilience.”
Beyond advocacy, it significantly expanded its engagement footprint, strengthening bilateral partnerships across more than twenty countries, and supporting more than 1,800 SMEs through training, advisory services, and market access initiatives.
He added that over the next year, the Ceylon Chamber is committed to deepening engagement with members, strengthening global partnerships, enhancing support for SMEs, and accelerating efforts to promote exports and attract investment, and is committed to working with the Government and stakeholders to ensure a resilient and prosperous Sri Lanka.

26.06.2026

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Softlogic Information Technologies Achieves Dell Technologies Titanium Partner Status

Softlogic Information Technologies (SITL) is proud to announce its achievement of the prestigious Dell Technologies Titanium Partner status, becoming the sole Titanium Partner in Sri Lanka. This milestone reflects SITL’s unwavering commitment to delivering world-class technology solutions and driving digital transformation for enterprises across the country.
The Titanium designation represents the highest tier within the Dell Technologies Partner Program and is awarded to a select group of partners who demonstrate exceptional expertise, innovation, and customer success. This recognition further strengthens SITL’s long-standing strategic partnership with Dell Technologies and reinforces its position as a leading provider of end-to-end IT solutions in Sri Lanka.
Over the years, SITL has consistently delivered cutting-edge infrastructure, cloud, cybersecurity, data protection, and workplace solutions to organizations across both the public and private sectors. Achieving Titanium status is a testament to the dedication and expertise of the SITL team, as well as the trust placed in the company by its valued customers and partners.
“Achieving Dell Technologies Titanium Partner status is a proud milestone for Softlogic Information Technologies and a reflection of our commitment to delivering innovative, world-class technology solutions that enable our customers to accelerate their digital transformation journeys. Being recognized as the sole Dell Technologies Titanium Partner in Sri Lanka further strengthens our strategic relationship with Dell Technologies and underscores the expertise, dedication, and passion of our team. We look forward to continuing to create greater value for our customers and supporting organizations in embracing the technologies that will shape the future,” said Roshan Rassool, CEO of Softlogic Information Technologies.
As organizations continue to navigate an increasingly digital world, Softlogic Information Technologies remains committed to empowering businesses with transformative solutions backed by Dell Technologies’ industry-leading portfolio, helping customers innovate, scale, and succeed in a rapidly evolving landscape.

24.06.2026

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INFRACON 2026 to Unite South Asia’s Infrastructure and Construction Industry in Colombo

By Vipula Amarasinghe

South Asia’s infrastructure and construction sectors will converge in Colombo next month as INFRACON 2026, Sri Lanka’s premier exhibition dedicated to infrastructure and construction, takes place from 3rd to 5th July 2026 at the iconic Bandaranaike Memorial International Conference Hall (BMICH).
Organized by Lanka Exhibitions and Conference Services (Pvt.) Ltd. (LECS) in partnership with SAVOR International Limited, the exhibition is expected to bring together leading companies, industry experts, investors, policymakers and decision-makers from across the region, creating a dynamic platform for business networking, trade promotion and technological innovation.
Previously known as the Construction, Power & Energy Expo, the event has been rebranded as INFRACON 2026 to reflect its expanded focus and growing regional significance. The exhibition is endorsed by ASHRAE Sri Lanka Chapter and the Solar Industries Association (SIA), underscoring its importance within the industry.
The event enjoys strong support from key industry stakeholders, including Gold Sponsor C.W. Mackie PLC, Silver Sponsors AE Solar and Brantel Lanka (Pvt.) Ltd., while Phoenix Super PVC joins as the Official PVC Partner.
INFRACON 2026 will feature exhibitors and suppliers representing five key sectors: HVAC-R & Cold Chain, Power & Energy, Green Energy, Safe Water Management, and Building Materials. Visitors will have the opportunity to explore cutting-edge technologies, innovative products, and sustainable solutions that are shaping the future of infrastructure development across South Asia.
The exhibition is expected to attract a diverse audience including developers, contractors, engineers, architects, consultants, investors, technology providers and buyers from Sri Lanka and overseas. International participation from China, India, Pakistan and Bangladesh is anticipated, further enhancing the event’s status as one of the region’s leading industry gatherings.
Designed as a business-focused platform, INFRACON 2026 will facilitate direct engagement between exhibitors and industry stakeholders. A dedicated online platform will also support virtual networking and collaboration, enabling international visitors and trade buyers to connect with exhibitors beyond the exhibition floor.
A major highlight of the event will be the high-level panel discussion titled “Growth Through Infrastructure,” organized by the Research Intelligence Unit (RIU). The forum will bring together prominent industry leaders and experts to discuss investment opportunities, infrastructure development strategies and the future of the sector.
The distinguished panel will include Roshan Madawela, Priyanka Samaraweera, Dr. Anil Priyanka, Romali Tudawe, Saman Hettiarachchi, Revan Wickramasuriya, Hiroshini Fernando and Dr. Bram Nicholas.
According to the organizers, INFRACON 2026 is expected to strengthen Sri Lanka’s position as a regional business and MICE destination while contributing to the modernization and sustainable growth of the country’s infrastructure and construction industries.
Visitor pre-registration is now open, with industry professionals, consultants, contractors, developers, architects, engineers and interested members of the public encouraged to register and experience the latest innovations driving South Asia’s infrastructure future.
With strong international participation, leading industry brands and a comprehensive knowledge-sharing platform, INFRACON 2026 is set to become a landmark event for the region’s infrastructure and construction sectors.

24.06.2026

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Thailand–Sri Lanka Business Forum Charts New Pathways for Trade, Investment and  Regional Growth

The Thailand–Sri Lanka Business Forum: Trade, Investment and Beyond, organized by the Royal Thai Embassy together with the Sri Lanka–Thailand Business Council and the Sri Lanka–Greater Mekong Business Council, highlighted the opportunities created by the newly enacted Sri Lanka–Thailand Free Trade Agreement (SLTFTA).    
The forum, which brought together business leaders, diplomats, and government officials from both countries, focused on strengthening supply chains, attracting investment, expanding trade, and enhancing economic cooperation.
Bilateral trade reached USD 649 million in 2025, up 48% from the previous year, according to Mr. Paitoon Mahapannaporn, Ambassador of the Kingdom of Thailand. While Hayleys Group leads Sri Lankan investments in Thailand, he highlighted important Thai investments in Sri Lanka, such as INSEE Cement and CP Group ventures.
Mr. Rizan Nazeer, President of the Sri Lanka-Thailand Business Council emphasized the significance of building strong cross-border partnerships and utilizing Sri Lanka's highly skilled workforce and Thailand's industrial strengths to establish competitive regional value chains.
Secretary to the Ministry of Trade, Commerce, Food Security and Co-operative Development, Mr. K.A. Vimalenthirarajah discussed the advantages of the SLTFTA, stating that it would improve market access, strengthen economic partnerships, and create opportunities in sectors like food processing, logistics, information technology, research and development, and technology-driven investments.  
To help facilitate trade, Mr. Chamila Prasantha Bopage, Senior Deputy Director of Customs, Compliance and Facilitation Directorate, Sri Lanka Customs presented key regulatory requirements and highlighted the significance of accurate product classification and effective customs procedures.
Dr. Visit Limlurcha, President of the Thai Future Food Trade Association and Vice Chairman of the Thai Chamber of Commerce and Board of Trade of Thailand identified opportunities in food and agriculture, healthcare, information technology, electronics, machinery, construction, tourism, hospitality, logistics, textiles, furniture, and household products, describing Sri Lanka as a strategic gateway to South Asia and the Middle East from a Thai business perspective.
Meanwhile, Dr. Phusit Wonglorsaichon, Deputy Dean of Graduate School of the University of the Thai Chamber of Commerce, emphasized the importance of digitalization, innovation, technology adoption, research and development, and efficient use of free trade agreements (FTAs) in fostering competitiveness and future business expansion.
Sri Lanka's strategic position, investor-friendly regulations, and expanding role as a center for advanced manufacturing and maritime logistics were all highlighted by Board of Investment Director General of the Board of Investment (BOI) of Sri Lanka, Mrs. Renuka Weerakone in her presentation of the country as an appealing foreign direct investment destination.
The forum concluded with a shared commitment to maximizing the benefits of the SLTFTA, strengthening bilateral trade and investment, and building a broader economic partnership based on innovation, connectivity, and sustainable growth.

24.06.2026

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Ceylon Chamber Announces Revamped Best Corporate Citizen Sustainability Awards 2026

The Ceylon Chamber of Commerce is launching the Best Corporate Citizen Sustainability Awards (BCCS) 2026, introducing a refreshed framework that reflects the evolving role of sustainability in business and aligns more closely with global ESG expectations.
In its latest edition, BCCS 2026 moves beyond traditional sustainability reporting to evaluate how environmental, social and governance (ESG) principles are embedded within an organisation’s strategy, operations, value chains and long-term value creation.
The revamped awards aim to recognise organisations that demonstrate leadership in sustainable business practices while encouraging deeper ESG integration across Sri Lanka’s corporate sector. The framework has been designed to benchmark participants against international sustainability standards and investor expectations, while placing greater emphasis on measurable impact, innovation, resilience and future readiness.
BCCS 2026 will continue to recognise excellence across the pillars of People, Planet and Profit, while introducing a new category focused on Strategic ESG Integration. This category will honour organisations that successfully embed sustainability into business decisions, leadership structures and value chain management. New awards include ESG Integration Champion, Sustainable Business Model Leader, ESG Leadership Award, Value Chain Transformation Award and Future-Ready Enterprise Award.
The awards programme also features industry sector awards, stakeholder-focused recognitions and special accolades such as the Sustainability Innovation Award, Best Sustainability Report/Disclosure and Top 10 ESG Leaders.
The evaluation framework is built around four key dimensions of planet, people, profit and strategic ESG integration.  Participants will undergo a comprehensive assessment process that includes application review, technical evaluation by an expert panel, shortlisting, and final judging.

24.06.2026

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JAT Executes Strategic Mirotone Acquisition Roadmap with Australian Re-entry

By Vipula Amarasinghe

Within seven months of completing the acquisition of Mirotone NZ Limited, JAT Holdings PLC has commenced the brand’s re-entry into Australia through its subsidiary, Mirotone Australia Pty Ltd. The milestone marks an early step in converting the growth plan presented to investors at the time of the transaction into commercial execution and reinforces the Group's focus on disciplined post-acquisition delivery.
JAT completed the acquisition of Mirotone in October 2025, adding a 90-year-old industrial wood coatings brand with deep heritage across the Australasian region to its portfolio. Australia was identified as one of the key growth opportunities for Mirotone, following a period in which the brand had not been actively supplied in the market. Its return to Australia is therefore not a standalone market move, but part of JAT’s broader strategy to restore growth behind its brand equity and create value from the acquisition.
The initial phase is focused on Queensland, where several returning Mirotone customers have already been secured, including vertically integrated cabinet makers and contract applicators. Their early engagement provides a clear demand-led basis for the return to Australia and reflects the continuing recognition Mirotone retains among professional users in the market.
The move also carries wider significance for JAT’s long-term business resilience. As the Group builds on its existing international revenue base, stronger overseas market performance is expected to support foreign currency revenue generation, strengthen geographic diversification, and continue reducing reliance on any single market.
Commenting on the milestone, Nishal Ferdinando, Chief Executive Officer of JAT Holdings PLC, said, “Australia was identified as one of the key opportunities within Mirotone’s growth roadmap, and commencing re-entry within seven months of completing the acquisition reflects the discipline with which we are executing that plan. For a coatings business, long-term value is built on the strength of the brand and the strength of its R&D. Mirotone brings deep brand equity in Australia, while JAT brings the R&D, innovation capability, and operating platform required to convert that equity into sustainable growth. This is an important step in delivering on the strategy we communicated to our investors, as we continue to build a more geographically diversified business with stronger international revenue streams.”
Underpinning the re-entry is a clear strategic fit between Mirotone's established market equity and JAT's operating strengths. Mirotone brings a legacy brand with established recognition in Australia, while JAT brings manufacturing discipline, technical depth, sourcing expertise, and backward integration through its acrylic binder manufacturing facility in Sri Lanka and alkyd resin manufacturing facility in Bangladesh. Together, these strengths support more reliable supply, responsive customer service, and stronger technical engagement with professional users in Australia.
Mirotone’s return to Australia is being led through Mirotone Australia Pty Ltd by General Manager Mark Poole, whose career combines long-standing experience with the brand and broader international coatings industry expertise. His 25 years with Mirotone, complemented by senior commercial and technical roles across Asia and Australasia, provide a strong foundation for rebuilding customer engagement, technical confidence, and market presence in Australia.
The initial product focus will cover professional and industrial wood coatings applications, supported by product testing, tinting programme support, and close technical engagement with selected customers. The rollout is aimed at strengthening colour accuracy, consistency, and finish reliability as Mirotone rebuilds its presence in the market.
“Having worked with Mirotone for many years, it is meaningful to be part of bringing the brand back to Australia,” said Mark Poole, General Manager of Mirotone Australia Pty Ltd. “Customers here know the products and many have a strong memory of the consistency, ease of application, and finish quality that Mirotone offered. Our priority now is to revive that confidence through reliable supply, responsive technical support, and close engagement with our first customers in Queensland before expanding further.”
Following the initial Queensland phase, Mirotone Australia plans to expand further within the state before progressing into New South Wales, Victoria, and a broader distributor-led model across Australia. This phased approach will allow the business to rebuild market presence in a controlled and sustainable manner, beginning with customers where demand has already been secured before extending the brand’s reach across other priority markets.
The Australian re-entry is a priority component of the broader Mirotone growth plan, which includes product innovation, expansion across developed coatings markets, and stronger cross-market coordination between Sri Lanka, New Zealand and Australia. It also reflects JAT’s long-term ambition to build a stronger regional and international platform around its core strengths in coatings, surface solutions, manufacturing and technical innovation. For JAT, the milestone demonstrates how acquisition-led expansion is being converted into commercial momentum, creating renewed growth behind Mirotone while strengthening the Group’s long-term international business.

23.06.2026

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NCQP 2026 Showcases National Excellence with 2,000+ Delegates and 450+ Improvement Teams

The Sri Lanka Association for the Advancement of Quality and Productivity (SLAAQP) successfully hosted the National Convention on Quality and Productivity (NCQP) 2026 on 17th June at the Mount Lavinia Hotel, Colombo. The event brought together over 2,000 delegates from more than 100 organisations, making it the largest edition of the convention to date.

Held under the theme “People-Driven Quality and Productivity for a Resilient Sri Lanka,” NCQP 2026 highlighted the critical role people play in driving organisational excellence, innovation, and long-term competitiveness. The convention recognised the efforts of 450 improvement teams representing a diverse range of industries. These teams were awarded gold, silver, and bronze awards under several categories, including Quality Control Circles, Lean Six Sigma, Quality Improvement Teams, Cross-Functional Teams, and Kaizen.

The chief guest at the event was Mr Magala Wijesinghe, Chairman and CEO of the Export Development Board. Dr Sanjaya Rathnayake, Group Chief Executive Officer of Lanka Hospitals PLC, and Prof. Theekshana Suraweera, Chairman of the Sri Lanka Standards Institution (SLSI), graced the occasion as guests of honour.

The event also featured the presentation of the prestigious Mr Sunil G. Wijesinha QC Circle Excellence Award, the highest honour of the convention, to two improvement projects selected as the best projects of the year. This year, the awards were presented to Team ThreadX from MAS Bodywear Casual Line Division and the Saviya Team from Elastomeric Engineering (Pvt) Ltd.

Sajeewa Ranasinghe, President of SLAAQP, stated: “Over the years, NCQP has evolved into one of Sri Lanka’s most important platforms for sharing best practices, recognising excellence, and promoting continuous improvement. The strong participation witnessed this year reflects the growing commitment across sectors to quality, productivity, and organisational excellence as key drivers of national development.”

Speaking at the event, Sakunthala Goonethilleke, Chairperson of NCQP 2026, said: “NCQP 2026 reaffirmed the importance of empowering people to drive quality and productivity initiatives within their organisations. The enthusiasm, innovation, and commitment demonstrated by the participating teams showcased the tremendous potential that exists across Sri Lanka to build a more resilient and competitive future.”

Established in 1996 as the successor to the Quality Circle Association of Sri Lanka, which was founded in 1989, the SLAAQP is a non-profit organisation committed to advancing quality standards, operational efficiency, and business excellence across the country. For more than three decades, SLAAQP has championed the national quality and productivity movement by equipping professionals and organisations with globally recognised methodologies, including Quality Control Circles (QCC), Kaizen, Lean Six Sigma, Total Quality Management (TQM), and other continuous improvement practices.

Through flagship initiatives such as NCQP, the Ayano TQM Excellence Award, the Green Productivity Awards, and its annual international research conference, SLAAQP has helped build a nationwide platform for recognising excellence, sharing knowledge, and encouraging organisations to adopt structured approaches to improvement.

As a globally connected organisation, SLAAQP maintains partnerships with leading international bodies, including the Asian Network for Quality (ANQ), the International Convention on Quality Control Circles (ICQCC), the Union of Japanese Scientists and Engineers (JUSE), and the Dr. Mikel J. Harry Six Sigma Management Institute Inc. (SSMI) of the United States. These partnerships continue to connect Sri Lankan organisations and professionals with global best practices, international learning opportunities, and emerging methodologies in quality and productivity.

NCQP 2026 was supported by MAS Holdings (Pvt) Ltd, Vibrant Events (Pvt) Ltd, Gislaved Gummi Lanka (Pvt) Ltd, GPV Lanka (Pvt) Ltd, Dr Mikel J. Harry Six Sigma Management Institute Inc., TV Derana / Ada Derana, Nations Trust Bank, M & R Consolidated Private Limited, Lanka Hospitals Corporation PLC, and Sunshine Holdings PLC. Their contributions helped make the largest-ever edition of the convention a success.

23.06.2026

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Lanka Hospitals celebrates 2025 Milestones at "Pulse of Excellence" Awards Ceremony

Maj Gen (Dr) P. A. Chrisantha Fernando (Retd) – Chairman, Lanka Hospitals Group, Dr. Hansaka Wijayamuni, Deputy Minister of Health, Mr. Sunil Gamage, Chief Ward Master & Dr. Anuradha Wickramasinghe - Group Chief Human Resources Officer

The Lanka Hospitals Corporation PLC successfully hosted its exclusive "Pulse of Excellence" awards ceremony today. The event was organized to recognize and celebrate the institution's remarkable milestone achievements and outstanding overall performance in 2025.
The ceremony was graced by the Hon. Dr. Nalinda Jayatissa, Minister of Health and Mass Media and Chief Government Whip, who attended as the Chief Guest and delivered a special address. During his address, the Minister highlighted the institution's profound contribution to the country, stating: "These achievements are now an integral part of the hospital's enduring legacy and a testament to its vital role within our nation's healthcare sector. Lanka Hospitals has consistently demonstrated that true medical excellence is achieved when world-class clinical standards are driven by a genuine, compassionate duty of care toward the people."
Other distinguished dignitaries in attendance included Hon. Dr. Hansaka Wijayamuni, Deputy Minister of Health, and Dr. Priyantha Tennakoon, Director of Private Health Sector Development.
The evening highlighted Lanka Hospitals' continued commitment to shaping the future of healthcare through a comprehensive awards program, with accolades distributed across several key categories. In the area of Financial and Operational Excellence, departments such as Cardiology, Bariatric Surgery, Neurosciences, Out-Patient, and Radiology were recognized for record-breaking performances in 2025. Notably, the Neurosciences department was commended for achieving the highest number of advanced neurosurgical procedures during the year.
Furthermore, National and International Excellence Awards were presented to the Departments of Finance, Quality Assurance, Infection Prevention and Control, and Marketing. A significant highlight in this category was the hospital's prestigious nomination by the World Health Organization (WHO) as the first private mentor hospital for Antimicrobial Stewardship in Sri Lanka.
The ceremony also celebrated leadership and dedication. A highly anticipated Lifetime Service Excellence Award was presented to Mr. Sunil Gamage, Chief Ward Master, in recognition of his enduring commitment and service. Additionally, special recognition was bestowed upon Lanka Hospitals Diagnostics (Pvt) Ltd. in honor of its outstanding service excellence and exceptional financial performance throughout the year.
A major milestone of the evening was the official launch of the LHD Mobile Laboratory Service, which was ceremonially inaugurated during the event.
The gathering was addressed by Lanka Hospitals' leadership, including Chairman, Maj Gen (Dr) Chrisantha Fernando (Retd.), and Group Chief Executive Officer and Group Director of Medical Services, Dr. Sanjaya Ratnayake. Emphasizing the collective effort behind the hospital's success, the Chairman, Maj Gen (Dr) Chrisantha Fernando (Retd.), stated: "This achievement is never the effort of a single individual or just one department; it is the result of the unity and dedication of our entire staff."
Reflecting on the deeper significance of these milestones, Group Chief Executive Officer and Group Director of Medical Services, Dr. Sanjaya Ratnayake noted: "These achievements go a long way and will be remembered far beyond tonight. You are being recognized not just for operational milestones, but as achievers who have treated, cared for, and brought true solace to a much larger community. We must always remember that what is represented here by a mere number is, in reality, thousands of human lives transformed and uplifted by your unwavering dedication."
The evening concluded with the presentation of Privilege Cards to the distinguished guests, followed by a celebratory dinner and fellowship.

23.06.2026

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The Mission to Extraordinary’ Marks the Launch of SLIM DIGIS 2.6

The Sri Lanka Institute of Marketing (SLIM) has announced the launch of SLIM DIGIS 2.6, Sri Lanka’s premier digital marketing awards platform, under the theme ‘Mission to Extraordinary’.
The theme is inspired by exploration, breakthrough achievement and the ambition to move beyond the expected. SLIM DIGIS 2.6 will recognise brands, agencies, marketers, technology partners and digital innovators who use creativity, strategy, data and technology to deliver meaningful results and shape Sri Lanka’s digital marketing landscape.
“As the digital landscape evolves at an unprecedented pace, SLIM DIGIS 2.6 stands as a testament to the brilliance and resilience of Sri Lanka’s digital marketing fraternity. This year, we are not just celebrating campaigns; we are honouring the visionary strategists who leverage cutting-edge technology and data-driven insights to push boundaries and create measurable business impact. In line with this vision, we are thrilled to expand our horizons this year by officially opening entries to international participants, further elevating the competition. SLIM remains deeply committed to benchmarking local digital excellence against global standards, driving our industries toward a more innovative and digitally empowered future,” said Mr. Enoch Perera, President, SLIM.
“Digital is no longer just a channel, it is the driving force behind visibility, engagement and measurable business growth. SLIM DIGIS 2.6 celebrates the campaigns, brands and professionals who have transformed digital innovation into real performance and impact. As Sri Lanka’s only digital marketing awards platform, we are proud to recognise excellence at its core and inspire the industry to continue raising the bar,” said Mr. Rajiv David, Vice President, Events and Sustainability, SLIM.
“The rapid growth of digital marketing education within SLIM reflects the increasing demand for digital capabilities across Sri Lanka’s business landscape. SLIM DIGIS has played a significant role in this journey as the nation’s only recognised digital marketing awards platform, supported by a robust evaluation framework and a highly respected panel of industry experts,” said Mr. Manthika Ranasinghe, Vice President, Education, SLIM.
“As the Project Chair of DIGIS 2.6, I am delighted to unveil this year’s theme, ‘Mission to Extraordinary.’ Inspired by the spirit of exploration and breakthrough achievement, the theme reflects our ambition to challenge the industry to think bigger, innovate boldly, and redefine what is possible through digital marketing. Our vision for DIGIS 2.6 is to create a platform that not only recognises excellence but also inspires the next generation of digital transformation and creative leadership. I warmly invite brands, agencies, marketers, technology partners and digital innovators across Sri Lanka to participate, showcase their achievements and join us on this journey towards extraordinary success,” said Mr. Sirimevan Seneviratne, Project Chair, SLIM DIGIS 2.6.
“SLIM DIGIS 2026 will celebrate the fearless thinkers, creators and innovators shaping what’s next through ideas that challenge convention and redefine digital innovation. This is where Sri Lanka’s most revolutionary digital work takes the spotlight,” said Mr. Shalendra Mendis, Head of Jury, SLIM DIGIS 2.6.
“As we unveil SLIM DIGIS 2.6, we celebrate a milestone chapter in redefining Sri Lanka’s digital landscape. Today, digital marketing is no longer just a supporting channel; it is the core engine driving business transformation, agility and global competitiveness. This year's competition raises the benchmark even higher, challenging our digital architects to showcase boundary-pushing innovation, data-driven strategies and campaigns that deliver measurable economic impact. SLIM remains fiercely committed to fostering this evolving ecosystem, empowering local talent and setting international standards. I invite all agencies and brands to step forward, challenge the norm and showcase the breakthrough work shaping our future,” said Mr. Chamil Wickremasinghe, CEO, SLIM.
SLIM DIGIS 2.6 invites Sri Lanka’s digital marketing community to submit its most outstanding work and take part in a national celebration of digital excellence, effectiveness and future-focused marketing leadership. Further details on entry submissions, categories, deadlines and participation guidelines will be announced by SLIM through its official channels.

22.06.2026

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Assetline Insurance Brokers and Toyota Lanka partner to enhance customer protection and convenience

By Vipula Amarasinghe

Mr. Rohana Dissanayake, Group Chairman & Managing Director, David Pieris Group of Companies and Mr. Masaaki Kawabata, Chairman, Toyota Lanka (Pvt) Ltd. exchanging the agreements. Mr. Dhanika De Silva, Chairman, AIBL, Mr. Nihal Handunge, Managing Director/CEO/Principal Officer, Mr. Mahesh De Alwis, Director – Sales, Mr. Anuradha Hettige, Chief Operating Officer, Mr. Manoj Augustus, Asst. Manager – Operations, Ms. Roobini Vimasha, Associate – Operations, Mr. Manohara Atukorala, Managing Director / CEO, Toyota Lanka, Mr. Mathisha Samaranayake, Chief Operating Officer, Mr. Ravi Opatha, General Manager – Sales, Mr. Naotaka Takeda, Project Manager – VCMS, Mr. Srivindya Jayawardena, Unit Head – VCMS, Mr. Asanga Paranahewa, Senior Head and Ms. Hasanthi Dias, Assistant Manager – Legal are also in the picture.

Assetline Insurance Brokers (Pvt) Ltd (AIBL), the insurance arm of the David Pieris Group and one of Sri Lanka’s leading insurance brokering companies, has entered into a strategic partnership with Toyota Lanka (Private) Limited through the signing of a Memorandum of Understanding (MoU), aimed at delivering enhanced value, convenience and comprehensive insurance solutions to customers across the country.
The collaboration brings together two trusted industry leaders with a shared commitment to customer excellence and service innovation. Through this partnership, customers purchasing vehicles from Toyota Lanka and utilizing its renowned after-sales services will gain access to a wide range of insurance solutions facilitated by Assetline Insurance Brokers.
With nearly two decades of industry experience, Assetline Insurance Brokers has established itself as the second-largest insurance broker in Sri Lanka, providing expert insurance advisory services and tailored risk management solutions to individuals and businesses alike.
AIBL offers customers the flexibility to select insurance coverage from the insurer of their choice while benefiting from professional guidance and personalised solutions designed to meet their specific needs. This customer-centric approach ensures access to the most suitable protection at competitive terms, enabling informed decision-making and greater peace of mind.
This partnership further strengthens Toyota Lanka's commitment to delivering a complete mobility solution, guided by the "TOYOTA LIFE" value framework built on Loyalty, Integrity, Fairness, and Ethics.

By integrating trusted insurance services into the customer journey, Toyota Lanka and Assetline Insurance Brokers aim to provide a seamless vehicle ownership experience. Customers will benefit from comprehensive support at every stage of their journey, from vehicle purchase and maintenance to insurance protection and claims assistance.
Commenting on the partnership, representatives from both organisations emphasised their shared focus on customer-centric service, accessibility and innovation. The MoU provides a platform for delivering greater convenience, enhanced access to insurance solutions and improved customer satisfaction.
This strategic alliance reflects Assetline Insurance Brokers’ ongoing commitment to expanding value-added services and building meaningful partnerships that create lasting benefits for customers while supporting the continued growth and development of Sri Lanka’s insurance and automotive sectors.
Together, Assetline Insurance Brokers and Toyota Lanka look forward to delivering a superior customer experience through trusted advice, quality service and comprehensive protection solutions that enhance confidence and convenience for vehicle owners across Sri Lanka.

22.06.2026

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CEAT Kelani honours long-serving employees and top performers at 2026 awards

By Vipula Amarasinghe

Recipients of CEAT Kelani’s Long Service Awards for 25 years of service with the Company’s senior management.

CEAT Kelani Holdings, the manufacturer of half of Sri Lanka’s pneumatic tyre requirements and producer of CEAT, the country’s highest-selling tyre brand, has reaffirmed its commitment to a people-first culture by honouring employee loyalty and excellence at its 2026 Long Service Awards and Best Employee Awards.

A total of 76 employees were recognised for their service milestones, comprising 25 employees completing five years, 19 employees reaching 10 years, and 32 employees marking an exceptional 25 years with the company. The significant number of employees celebrating 25 years of service underscores the depth of loyalty fostered within the organisation.

The company said its strong retention record is further reflected in the fact that nearly 20 per cent of its workforce has served for more than 15 years, a retention rate that exceeds industry benchmarks and highlights CEAT Kelani Holdings’ sustained ability to attract, engage, and retain talent.

The event also honoured 14 Best Performing Employees representing 13 departments, recognising individuals who have demonstrated outstanding performance, innovation, commitment, and contribution to business success during the financial year. These awards spanned a broad cross-section of the organisation, including Sales, Marketing & Exports, Technical, Quality Assurance, Quality Based Management, Manufacturing operations in Kelaniya and Kalutara, Engineering at both locations, Supply Chain, Finance, Information Technology, Procurement, and Human Resources.

“By recognising both long service and exceptional performance, CEAT Kelani Holdings continues to reinforce a culture that values dedication, achievement, and continuous improvement,” the company’s Vice President – Human Resources, Mr Thushara Hettithantrige said. “Our sustained focus on employee engagement, learning and development, wellbeing, and career progression has helped build a highly motivated workforce supported by a positive work environment.”

This commitment to its people has received national recognition, with CEAT Kelani Holdings being named Sri Lanka’s Employer Brand of the Year 2025 at the World HRD Congress Sri Lanka Awards. Further strengthening this recognition, the company’s Vice President – Human Resources Thushara Hettithantrige was honoured as a Topmost HR Leader of Sri Lanka for his role in building a high-performance culture and advancing strategic human resource excellence.

These accolades reflect the company’s continued investment in creating a workplace where employees are empowered to grow professionally, contribute meaningfully, and build long-term careers. Through ongoing investments in employee development, leadership programmes, recognition initiatives, and workplace wellbeing, CEAT Kelani Holdings said it remains committed to nurturing talent and strengthening its position as one of Sri Lanka’s most respected employers.

Sri Lanka’s No.1 tyre brand, CEAT sells over 1.2 million tyres annually and is trusted by millions of motorists. Ranked Sri Lanka’s most valuable tyre brand by Brand Finance and named the ‘Most Loved Tyre Brand’ in Sri Lanka in 2025 and 2026 by LMD, CEAT’s rise to market leadership is driven by sustained investments in technology, innovation and capacity, with manufacturing operations spanning tyres for passenger cars, vans, SUVs, commercial vehicles, motorcycles, three-wheelers and agricultural vehicles. Besides meeting around half of Sri Lanka’s automotive tyre demand, CEAT Kelani exports approximately 20 per cent of its output to 16 countries. The company has invested more than Rs. 8.5 billion in Sri Lanka over the past decade and recently committed a further Rs. 4.5 billion, reinforcing its role as a key contributor to the national economy and a trusted partner to the transport sector.

22.06.2025

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John Keells Properties Unveils VIMAN Ja-Ela Show Apartment at Project Site

Homeowners can now experience the lifestyle envisioned at VIMAN Ja-Ela as John Keells Properties officially unveils the show apartment at the VIMAN Ja-Ela project site, bringing prospective buyers one step closer to modern suburban living.
Built on the development site itself, the model apartment lets visitors walk through a real VIMAN Ja-Ela home and experience its true layout, proportions, finishes, and quality first-hand. Prospective buyers are invited to explore the carefully designed spaces that bring together comfort, nature, and modern living.
Nestled in the heart of Ja-Ela, VIMAN has been thoughtfully crafted to offer more than just a place to live, it is envisioned as a community designed around comfort, connection, and everyday living. Spanning six acres with more than 60% of the land dedicated to green and open space, the development is designed to place nature and a sense of community at the heart of daily life. A thoughtfully curated mix of lifestyle amenities, from a resident clubhouse, swimming pool, and gymnasium to walking and cycling paths, children's play areas, and inviting outdoor social spaces will give residents of all ages room to gather, relax, and connect. Unique communal settings such as the Ambalama are set to further enrich this spirit of community, creating natural gathering points where neighbours can meet and unwind.
Commenting on the development, Nadeem Shums, Head of Sales and Marketing and Vice President of John Keells Group, stated, "We're delighted to open the doors to our show apartment and invite people to experience VIMAN Ja-Ela for themselves. Describing the lifestyle we've envisioned here is one thing - but stepping into the space and seeing the design and quality first-hand is something truly special."
VIMAN Ja-Ela, developed by John Keells Properties, represents a new chapter in suburban living where modern design, everyday convenience, and a strong sense of community come together in a carefully planned environment. Located just 4 km from the Ja-Ela interchange on the Colombo–Katunayake Expressway, the development pairs a peaceful, landscaped setting with exceptional connectivity to key urban centres. With the opening of the show apartment, visitors can now explore the layout, quality, and design of the residences while gaining a first-hand understanding of the lifestyle that awaits within this growing residential neighbourhood.

22.069.2026

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Prime Lands commences construction of ‘Kaloora’, Kalutara’s first master-planned gated community

By Vipula Amarasinghe

Prime Lands ceremonially broke ground on ‘Kaloora’, Kalutara’s first master-planned gated residential community, signalling the start of construction on the landmark development setting new standards for modern living in the city. The ceremony highlights Kalutara’s rise as one of Sri Lanka’s fastest‑growing residential destinations.”
Construction of Kaloora is undertaken by the Group’s construction arm, Prime Constructions (Pvt) Ltd, bringing engineering and project-delivery expertise to every phase of the work. With construction now in progress, the development begins its journey from vision to reality for future residents.
Just five minutes from Kalutara Town, 800 metres from Nagoda Hospital, and 15 minutes from the Dodangoda Highway entrance, Kaloora keeps schools, supermarkets, banks, restaurants, and daily essentials within easy reach. Inside the gates, daily life is elevated by 24-hour security, a swimming pool, a fully equipped gymnasium, a children’s play area, an indoor cricket facility, and a multifunctional room, delivering the comfort and sophistication of Colombo lifestyle in Kalutara.
Built for families who value security, comfort, and long-term value, Kaloora combines spacious homes, contemporary architecture, and thoughtfully curated lifestyle amenities within a safe, serene environment.
At Kaloora, security blends seamlessly with serenity and community harmonizes with convenience, creating a place where the investment flourishes and families are proud to own a home.
Ruminda Randeniya, CEO, Prime Lands Ltd., said, “Kaloora is a significant milestone for Kalutara, as it is the first-ever gated residential community project in the city. Prime is proud to introduce this landmark development, which reflects its continued commitment to creating high-quality, thoughtfully designed living spaces, and has now officially commenced construction, setting a new benchmark for modern living and elevating the standard of contemporary residential living in the region. We have crafted a secure, well-planned neighbourhood where families can settle and grow with confidence, and with our flexible payment plans, a home of this standard is now within reach for many more families.”

22.06.2025

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An Evening of Elegance, Celebrating Excellence in Sri Lanka’s Automobile Industry

The evening unfolded in a blaze of elegance and distinction as the foremost names in Sri Lanka’s automobile industry gathered for what has already come to be regarded as one of the most prestigious celebrations on the nation’s social calendar.  
Distinguished guests arrived for a night honouring excellence, greeted by a sweeping red carpet. Ladies graced the occasion in glittering gowns and finely draped sarees, adding colour and sparkle to the foyer, while gentlemen cut striking figures in perfectly tailored tuxedos. As industry leaders, innovators, and pioneers gathered under one roof, the soft sounds of a live cello performance offered the ideal setting.
This year's event marked a significant milestone for the awards programme by introducing a fully digital ticketing and seating system for the first time. The platform, which was created especially to oversee each stage of the awards process—from applications and evaluations to guest management and final presentations—guaranteed a smooth and flawlessly coordinated experience all night long. 
Chairman Eng. Ravith Silva gave a remarkable welcoming speech to kick off the formal proceedings. His words captured the importance of the occasion as well as the inspiring vision. He emphasized that the efforts of innumerable individuals and organisations that have shaped Sri Lanka's automobile industry were not only acknowledged but also honoured on the grandest of stages, describing the evening as the culmination of their blood, sweat, and tears.
As he noted the awards' significance, he pointed out that they are the first and only recognition programme of their kind that embraces the entire automobile ecosystem. By doing this, they provide a platform that honours talent, innovation, craftsmanship, and commitment in all areas of the industry and set a new standard for excellence.
The evening’s Chief Guest, Hon. Sunil Hadunhetti, MP, followed with a keynote address delivered with remarkable conviction and sincerity, earning the admiration and attention of all present.
The awards trophy's unveiling was one of the most moving moments of the evening. Guests were led on an emotional journey through the legacy of the Durr Brothers, whose work influenced the design and significance of the award, thanks to Danu Istamby's captivating presentation. The audience found great resonance in the tribute, which served as a powerful reminder of the individuals whose vision shaped the industry.
A synchronized dance performance by a large troop of dancers added even more spectacle to the occasion, adding energy and vibrancy to the programme while celebrating the spirit of innovation and progress that defines the automobile sector.
Fifty-eight awards were presented throughout the evening in a variety of categories, recognising exceptional achievement, leadership, and industry impact. Guests enjoyed a fine four-course dinner prepared to the finest standards, befitting an evening of such importance, while recipients took the stage to accept their honours.
Speaking about the awards' wider significance, Chairman Silva stated that he believes the programme will help in attracting a fresh generation of talent to the industry. Young people looking for opportunities, careers, and education would witness an industry that openly celebrates excellence in addition to rewarding it. He noted that future innovators, technicians, entrepreneurs, and leaders will be motivated to seek careers in the automobile sector by this spirit of recognition.
The awarding of the Lifetime Achievement Award, which is given to individuals whose dedication, integrity, and enduring contribution have left a lasting impression on the industry, marked the culmination of the ceremony. A moving duet performance of Simply the Best by two up-and-coming young vocalists marked the emotional end of the formal proceedings and paid a fitting tribute to the honourees of the evening.
After the presentation of the final awards, the celebrations continued with a lively after-party hosted by the well-known Flame Band, which gave guests a chance to celebrate and think back on the evening's achievements.
Beyond the glitz and pageantry, the event had a significant impact on the industry's future. In a surprise tribute, the Board of Directors recognised the Founder Chairman of the Council for his visionary leadership in establishing the awards programme. Having voluntarily recused himself and his affiliated organisations from participation to preserve the integrity and impartiality of the process, his contribution was acknowledged with heartfelt appreciation from his peers.
Chairman Silva reflected on the principles that had shaped his own path during one of the most personal moments of his address. As he observed the winners and finalists gathered in the room, he said he saw his own father's aspirations reflected in their eyes and in the trophies they proudly raised—an emotional tribute to the values of perseverance, dedication, and integrity that still define excellence in the automobile industry.     
In closing, he congratulated the winners and finalists, calling them pioneers of a new era in the automobile industry. He said that today's winners would inspire tomorrow's challengers, and today's finalists would surely return with a newfound resolve to secure their place among future honourees. 
In keeping with its motto, "Honouring Legends, Inspiring Futures," the ceremony was both a celebration of achievement and a beacon for future generations. It demonstrated an industry where aspiration is encouraged, dedication is rewarded, and excellence is recognised.   
The men and women of Sri Lanka's automobile industry represented a level of sophistication usually found in fiction for one evening. However, this was not a cinematic script. They were the only ones in the spotlight because of their achievements, commitment, and ongoing legacy.

21.06.2025

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Prima KottuMee Strengthens Its Position Among Sri Lanka’s Most Loved Brands

By Vipula Amarasinghe

Loved by consumers and powered by youth culture, Prima KottuMee earns a Top 3 ranking in the LMD Reader’s Choice Most Loved Brands survey

Prima KottuMee continues to strengthen its position as one of Sri Lanka’s most beloved brands, securing a top three spot in the Packaged Foods – Pantry Items category in the LMD Reader’s Choice Most Loved Brands rankings. The recognition is a testament to the brand’s vibrant identity, innovative spirit, and enduring appeal among consumers, particularly the youth, who continue to embrace Prima KottuMee as a brand that reflects their lifestyle.

As a brand that resonates with younger audiences, Prima KottuMee continues to evolve by exploring new market territories, introducing exciting flavour experiences, elevating its packaging, and creating meaningful connections with consumers. From partnering with internationally and nationally loved brand ambassadors to launching a range of trending Korean-inspired ramen products, the brand has consistently demonstrated its commitment to innovation and relevance.

Sajith Gunaratne, General Manager of Ceylon Agro Industries, Prima Group Sri Lanka, said, “We’re immensely grateful to our consumers for this recognition. To be ranked among Sri Lanka’s most loved brands is a significant honour, and we would not have achieved this without the support of our partners, stakeholders, and team members, all of whom have contributed to this success.”

Launched in 2009, the LMD Reader’s Most Loved Brands survey is a renowned recognition that measures brand innovativeness, economic strength, and market appeal based entirely on consumer perception and loyalty. The rankings are determined solely by consumers, reinforcing the authenticity, and credibility of the results. Prima KottuMee’s inclusion among LMD’s Top 40 product brands further underscores these attributes, highlighting the brand’s ability to connect with noodle fans across the country.

21.06.2026

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Hayleys Mobility Expands Presence in Anuradhapura

By Vipula Amarasinghe

Hayleys Mobility has expanded its footprint in Anuradhapura with the opening of a new authorised sales partner showroom, in partnership with CarSwitch (Pvt) Ltd., further expanding access to its growing portfolio of globally recognised automotive brands, including JAECOO & OMODA, KAIYI, and SRM, now even closer to customers in the region.
As part of its ongoing network expansion, the new showroom enhances Hayleys Mobility’s reach in the North Central Province, providing customers with convenient access to vehicle sales, professional consultation, and dedicated after-sales support under one roof.
The appointment of CarSwitch (Pvt) Ltd. as an authorised sales partner reflects the company’s continued drive to strengthen its market presence through reliable local partnerships, while bringing globally benchmarked mobility solutions closer to customers across Sri Lanka.
The opening of the showroom reinforces Hayleys Mobility’s long-term growth strategy, supporting greater accessibility, stronger regional engagement, and the continued development of Sri Lanka’s automotive industry.

21.06.2026

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FitsAir commences only direct air service between Colombo and Ahmedabad

Shafiya Careem, Head of Marketing and Communications, FitsAir; Najath Suruba, Acting Chief Commercial Officer, FitsAir; Kamal Munasinghe, Senior Vice President, Cinnamon Hotels & Resorts; Nalaka Amaratunga, Senior Vice President, John Keells Holdings PLC; Victoria Fuh, Head of Commercial, Cinnamon Hotels & Resorts; Anupama Ranasinghe, Manager Marketing, Cinnamon Life at City of Dreams and Ammar Kassim, Executive Director, FitsAir.

FitsAir officially commenced direct operations between Colombo and Ahmedabad on 19th June 2026, becoming the only airline to offer non-stop flights between the two cities. Operating three times weekly, the new service strengthens connectivity between Sri Lanka and Western India while offering greater convenience for both leisure and business travellers.
Ahmedabad, one of India’s leading commercial centres and the gateway to Gujarat, represents a key market for tourism, trade and investment. The new route supports growing demand for direct travel while creating new opportunities for business and cultural exchange between the two destinations. only
The inaugural flight marks another milestone in FitsAir’s network expansion strategy, reinforcing the airline's commitment to enhancing regional connectivity through affordable and convenient travel.
A special launch ceremony was held to commemorate the occasion, attended by representatives from FitsAir, the travel trade, tourism sector, Walker's Tours, Cinnamon Hotels & Resorts and Cinnamon Life City of Dreams.
Speaking at the launch, Ammar Kassim, Executive Director of FitsAir, said, Routes transcend airports- they connect dreams, drive trade, and build partnerships. We are excited to launch our newest direct service between Colombo and Ahmedabad, the only non-stop link of its kind. This milestone simplifies travel while unlocking new opportunities for tourism, trade, and economic collaboration between Sri Lanka and Gujarat in India.”
Passengers can now book flights between Colombo and Ahmedabad through www.fitsair.com, the FitsAir ticketing office and authorised travel agents.

21.06.2025

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Prime Residencies Commences Construction of THE GOLF on Lake Drive, Colombo 08

Prime Residencies, the real leader in the modern real estate, and a subsidiary of Prime Group, officially marked the commencement of construction on its latest ultra-luxury residential development, THE GOLF, with its groundbreaking ceremony held at the project site on Lake Drive, Colombo 8. The event brought together key stakeholders and project partners to mark the ceremonial breaking of the ground, signalling that a vision long in the making is currently under construction.
Bordering and overlooking the prestigious Royal Colombo Golf Club, THE GOLF is part of Prime Residencies' One Collection — a rare and limited collection of ultra-luxury residences shaped by elegance, refinement, and timeless design. Framed by sweeping fairway views and lush greenery, the development offers a rare sense of tranquillity and prestige, bringing together thoughtfully crafted interiors, elevated amenities, and sophisticated living spaces to create an address of remarkable distinction. At THE GOLF, every detail has been designed to reflect a lifestyle inspired by grace, privacy, and the enduring prestige of the greens.
Priced from LKR 95,700,000 upwards, residences begin from the second floor. As a boutique development, THE GOLF totals in 66 curated two- and three-room bedroom residencies and is uniquely positioned to make the most of the panoramic views that define the address. The development will be built on a pile foundation by K.D Piling (Pvt) Limited, reflecting the structural integrity and construction quality that Prime Group brings to every project.
Among the standout features of the development are private plunge pools in selected residences, that offer unparalleled views overlooking the fairways of the Royal Colombo Golf Club, creating a unique combination of calm, privacy, and elevated living unfolding under open skies, further accentuated by immaculate greenery. Double car parking is facilitated through a car hoist system.
The rooftop level has been designed as an exclusive destination in its own right, housing both a kids and adults pool, a fully equipped gymnasium, a celebration hall, The Sunset Lounge, a poolside bar, and the Little Greens Club, an open-air outdoor space where children can play, read, and explore in a relaxed rooftop setting. Residences come with fully fitted kitchens, while at ground level, a thoughtfully designed arrival lobby and lounge, alongside on-site concierge services, set the tone from the moment residents’ step through the door.
"THE GOLF is one of the rarest residential addresses in Colombo. Opportunities like this are exceptionally uncommon, as only a select few home owners have the privilege of living with a direct frontage to this prestigious landmark. This is truly a rare development, combining exclusivity, prestige, and an exceptional lifestyle in a highly sought after area," said Premalal Brahmanage, Group Chairman of Prime Group.
The overwhelming response from buyers reflects the exceptional appeal of this unique development. A significant majority of the residences have already been reserved, with only a limited number of units remaining available for sale. This strong demand underscores the value that discerning homeowners place on owning a residence in such a rare and prestigious location.
With 30 years of experience, a portfolio spanning over 70 gated community and apartment developments, more than 10,000 land development projects across Sri Lanka, and winning ‘Developer of the Year – Sri Lanka’ at the Real-Estate Asia Awards for the past consecutive years, Prime Group brings a track record of reliable delivery, and a deep understanding of what discerning home buyers seek. THE GOLF, being an address shaped by one of Colombo's most prestigious landscapes and built to stand among the city's most distinguished residential offerings, is the latest expression of that understanding.

19.06.2025

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C.W. MACKIE PLC ANNOUNCES THE APPOINTMENT OF MR. MANGALA PERERA AS GROUP CHIEF EXECUTIVE OFFICER

C.W. Mackie PLC is pleased to announce the appointment of Mr. Mangala Perera to the position of Group Chief Executive Officer (Group CEO).

A Director from 2 April 2012. Has over 26 years of cross industry experience at senior levels in marketing and general management, both locally and internationally. He currently functions as Executive Director - Group Chief Operating Officer of C. W. Mackie PLC.

He also serves in various unlisted entities as Managing Director of Sunquick Lanka (Private) Limited; and Director of Sunquick Lanka Properties (Private) Limited, Kelani Valley Canneries Limited, Ceymac Rubber Company Limited (with effect from 1 April 2026), and Ceytra (Private) Limited (with effect from 1 April 2026); and Non-Executive Director of Phoenix Industries Limited.

His academic and professional qualifications extend across multiple disciplines, comprising a Masters in Financial Economics from the University of Colombo, a BSc (Hons.) Marketing Management (Special) Degree from the University of Sri Jayawardenepura, a Post Graduate Diploma in Business & Financial Management from the Institute of Chartered Accountants of Sri Lanka. He is a visiting lecturer at the Postgraduate Studies in Management at the University of Colombo and University of Kelaniya. As an active marketing professional, he serves on several national level project committees/judging panels.

He is also actively engaged in national level sports administration and served as the President of the Sri Lanka Mercantile Volleyball Federation and played a vital role in promoting national game and beach volleyball in Sri Lanka."

19.06.2025

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Arjun Jeger of DC Group Named in Campaign Asia’s 40 Under 40

Arjun Jeger, Co-Founder and Managing Partner of DC Group, has been named to Campaign Asia’s prestigious 40 Under 40 Class of 2026, recognising emerging leaders shaping the future of marketing, media and communications across the Asia-Pacific region.

Jeger joins a select cohort of leaders representing 14 markets across Asia-Pacific, recognised for their business achievements, innovation and contributions to the wider industry.

The recognition marks a significant milestone in a journey that began in 2017 with the founding of Digital Content, a small startup built with minimal savings and no external investment. Driven by a belief that agencies needed to move beyond rigid structures and embrace platform-first storytelling, Jeger built the business around a simple philosophy: one brief, one team, one measurable result.

What started as a boutique digital content agency has since evolved into DC Group, one of Sri Lanka’s largest independent creative networks, employing over 150 professionals across nine specialised companies spanning creative, production, influencer marketing, performance media, martech, media and live experiences.

The growth of the business came during one of the most challenging periods in Sri Lanka’s recent history. Through the 2019 Easter attacks, the global pandemic and the country’s economic crisis in 2022, DC Group continued to grow while honouring every commitment to its people and partners, without missing a single salary cycle.

Over the past year, the group recorded 31% growth and expanded internationally into East Africa with the launch of DC International in Nairobi, while also establishing an AI-focused specialist agency to help clients navigate the next era of marketing transformation.

Inside the organisation, Jeger introduced an ownership-driven model that empowers senior specialists to lead business verticals as entrepreneurs with equity participation, creating deeper accountability, stronger retention and a more inclusive leadership culture. Today, women represent half of DC Group’s workforce and hold a meaningful share of leadership positions.

Beyond business, Jeger serves as President of the Digital Marketing Association of Sri Lanka (DMASL), where he has helped connect more than 1,000 professionals with global industry leaders, championed diversity initiatives including the launch of the Women’s Chapter in partnership with She Loves Data, and contributed to strengthening Sri Lanka’s digital marketing ecosystem.

19.06.2026

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Rising Through the Ranks: Sajith Silva Appointed CEO of Sarva Colombo

Marking a new chapter in its growth journey, Sarva Colombo has announced the appointment of Sajith Silva as its new Chief Executive Officer. The appointment marks an important new chapter in the agency's evolution, reflecting Sarva Colombo's continued commitment to strengthening its leadership and accelerating its vision for growth in an increasingly dynamic business landscape.
Sajith's appointment is the culmination of a remarkable two-decade journey within the organisation. Having joined Sarva Colombo in 2006 as a Media Assistant, he steadily progressed through the ranks, building extensive experience across media planning, strategy, client leadership and business growth. His rise to the role of CEO reflects both his contribution to the agency's success and Sarva Colombo's long-standing culture of nurturing talent from within.
In 2017, Sajith decided to shift his focus from media operations to brand management. Through handling key corporate relationships over the years, he has successfully managed many of Sri Lanka's blue-chip corporate brands. This experience allowed him to develop expertise in turning market research into creative marketing solutions that drive real business growth. His appointment as CEO represents the next phase of both his professional journey and Sarva Colombo's continued growth story.
Commenting on the appointment, Chrishantha Jayasinghe, Managing Director of Sarva Colombo, said: “This is something that has been a long time coming. Sajith has been part and parcel of Sarva Colombo’s growth over the years - not just in recent times, but across every stage of our journey. It only made sense that someone who truly understands the DNA of this organisation steps into this role. We are confident that under his leadership, Sarva will continue to grow and evolve in the years ahead.”
Sarva Colombo, which was founded in 2005, has established a 21-year reputation as an industry growth expert. The agency is highly regarded for its commitment to research-backed strategies. It stands out in a competitive advertising landscape for its ability to conceptualise and execute powerful campaigns in Sinhala and Tamil, building deep, authentic connections with local audiences. Over nearly two decades, Sarva Colombo has delivered exceptional results for high-profile brands across many major sectors, including banking and finance, education, telecommunications, healthcare, automobiles and FMCG.

Under Sajith’s leadership, Sarva Colombo aims to strengthen its core belief that effective advertising is the only advertising worth investing in. Backed by a talented and passionate team, the agency remains dedicated to focusing on measurable business growth and clear, impactful storytelling for its clients.

19.06.2025

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Sri Lanka-China Relations “Beyond Commerce”: Peking University Delegation Conducts In-Depth Research on Bilateral Cooperation in Colombo

Professor Wang with Acting Chairman of the BOI of Sri Lanka

A delegation led by Prof. Wang Weijia, Director of the Research Centre for Global Governance and International Communication at the Institute of Area Studies and Dean of the Institute of International Communication at Peking University, China, conducted a series of high-level research interviews in Colombo recently.
During their visit, the delegation met with several government and state sector representatives, members of legal fraternity, members of the armed forces and experts from leading international affairs think tanks, engaging in wide-ranging discussions on Sri Lanka-China cooperation.

Trade and Investment as Key Growth Drivers

At a meeting with H.E. Hanif Yusoof, Presidential Special Envoy on Foreign Investments and Governor of the Western Province, the delegation engaged in in-depth discussions on Sri Lanka’s international trade and investment landscape. Governor Yusoof noted that international trade and foreign direct investment are critical to Sri Lanka’s future economic growth, with logistics, energy, and tourism identified as priority sectors for attracting foreign capital.
He further highlighted the longstanding involvement of Chinese enterprises in Sri Lanka’s infrastructure, energy, road, and telecommunications sectors, noting their significant contribution to the country’s economic development. Looking ahead, he stressed that Sri Lanka should leverage its strategic geographic position to build regional supply chain networks and deepen cooperation with Chinese enterprises in export-oriented manufacturing.

A Relationship “Beyond Commercial”

Speaking with Dr. Harshana Suriyapperuma, Secretary to the Treasury and Ministry of Finance, Planning and Economic Development, the delegation explored various dimensions of the Sri Lanka-China relationship. Dr. Suriyapperuma emphasized that the two countries are bound by longstanding historical, cultural and sentimental ties that extend well “beyond commercial and transactions”.
In this context, he highlighted Port City Colombo as a symbol of the enduring partnership between Sri Lanka and China, and described the project as an important platform with the potential to contribute to Sri Lanka’s long-term economic growth and international connectivity.

Exploring New Models of Cooperation

During the interview with Dr. Sulakshana Jayawardena, Acting Chairman of the Board of Investment of Sri Lanka (BOI), discussions focused on Sri Lanka’s current investment landscape and potential new models for Sri Lanka-China cooperation.

Dr. Jayawardena noted that foreign direct investment (FDI) projects such as Port City Colombo generate both direct and indirect economic benefits, including foreign capital inflows, employment opportunities for local citizens, and technology transfer. Beyond infrastructure development, he noted that high-tech manufacturing, pharmaceuticals, and textiles should serve as key areas for deeper Sri Lanka-China cooperation.
Looking ahead, he hopes to leverage academic and think-tank institutions such as Peking University to create more platforms for mutual exchange and collaboration. In particular, he highlighted the value of learning from China’s experience in special economic zone governance, manufacturing development, and workforce training, with a view to exploring new avenues for deeper bilateral cooperation.

Throughout the visit, Prof. Wang introduced Peking University’s academic strengths in area studies and international communication to the officials and experts engaged during the delegation’s meetings. He also expressed the university’s commitment to conducting further research aligned with Sri Lanka’s development priorities, while fostering scholarly and cultural exchanges that strengthen mutual understanding and serve as a bridge between the two countries.

18.06.2025

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Visa Introduces Click to Pay in Sri Lanka, a Safer, Faster way for Consumer to Pay Online

Visa announced the launch of ‘Click to Pay’ in Sri Lanka today, marking an important step in advancing secure, seamless, and frictionless digital commerce experience for consumers. ‘Click to Pay’ massively improves the online payment checkout experience by enabling:

• Consumers to enjoy faster, more secure purchases without any friction.
• Merchants to improve payment success rates and customer conversions.
• Issuer-banks to drive higher card usage. 

As digital commerce continues to grow in Sri Lanka, consumers and businesses alike are placing greater value on payment experiences that are fast, intuitive, and secure. However, the important step in online payment experience - guest checkout across websites and apps - often remains cumbersome, relying on manual card entry, multiple form fields, and repeated authentication steps that slows down transactions and even leads to abandoned shopping carts or drop-offs - resulting in unpleasant consumer interactions and loss of business for merchants.

With ‘Click to Pay’, consumers can get started with a simple, one-time setup when they first checkout on a participating merchant website or app. Using just their email address or mobile number, they can securely enroll their Visa card in a few quick steps. For subsequent purchases, shoppers can instantly access their saved card details, select their preferred card, and complete transactions in just a few clicks -without the need to re-enter card information each time. Existing authentication methods, such as one-time passwords, will continue to apply as required, ensuring each transaction remains secure.

Security is central to Click to Pay. It is tokenised by design, meaning - sensitive card details are replaced with secure digital tokens at the back-end rather than being passed through the checkout flow. This makes the actual card number invisible, lowering fraud risk while strengthening payment performance.

Avanthi Colombage, Country Manager, Sri Lanka and Maldives, Visa, said, “At Visa, we understand that as more Sri Lankans embrace digital ways to shop and pay, it becomes increasingly important to deliver payment experiences that are trusted, secure and seamless. With ‘Click to Pay’, Visa is helping enhance how consumers interact with seamless digital payments by making online checkouts simpler and safer. By embedding tokenization into the checkout experience, we are reducing the exposure of sensitive card details in the payment flow, empowering consumers to complete every online purchase safely and without friction. This is a significant step that Visa is introducing to advance payment capabilities in Sri Lanka in support of continued evolution of the country’s digital payments ecosystem.”

18.06.2025

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Wickramarachchi Opticians and Hearing Care marks 50 years

Five decades of advancing vision and hearing healthcare in Sri Lanka

1. New Zealand High Commissioner to Sri Lanka David Pine; High Commissioner of the Republic of Maldives to Sri Lanka Masood Imad; Director of Wickramarachchi Opticians and Hearing Care, Mihira Wickramarachchi; Ambassador of Indonesia to Sri Lanka and the Maldives Dewi Gustina Tobing; and German Ambassador to Sri Lanka Dr. Felix Neumann.

ickramarachchi Opticians and Hearing Care, one of Sri Lanka’s most respected names in eye and hearing healthcare, proudly celebrates its 50th anniversary this year, marking five decades of trusted service, innovation and unwavering commitment to improving the quality of life for generations of Sri Lankans.
Founded in 1976 by Dr. Mihira Wickramarachchi with a vision to make quality optical care more accessible, Wickramarachchi Opticians and Hearing Care has grown into a nationally recognised healthcare institution, setting industry benchmarks in professionalism, technology and patient-centred service. Over the past half century, the organisation has evolved from a single practice into an extensive network serving communities across the island, while remaining firmly guided by its founding values of trust, integrity and excellence.
During its five-decade journey, Wickramarachchi Opticians and Hearing Care has played a pioneering role in advancing hearing healthcare in Sri Lanka. The company became the first authorised distributor of Denmark's Danavox hearing aids in the Asia Pacific region in 1977 and later facilitated the country's first cochlear implant surgery in 2004. Since then, the programme has facilitated and supported more than 1,100 cochlear implant procedures, helping transform the lives of thousands of individuals and families affected by hearing loss.
The golden jubilee milestone reflects not only the company’s longevity, but also its enduring role in transforming the way Sri Lankans access vision correction, eye examinations and hearing solutions. Through continuous investment in modern diagnostic technology, internationally recognised brands and technologies, and highly trained professionals, Wickramarachchi Opticians and Hearing Care has consistently delivered world-class care tailored to local needs.
Over the years, the company has been instrumental in introducing advanced optical products, precision lens technologies and professional audiology services to the Sri Lankan market. Its expansion into hearing care further strengthened its position as a comprehensive healthcare provider, recognising the close relationship between sensory health, wellbeing and independence.
As consumer expectations and healthcare needs evolved, Wickramarachchi Opticians and Hearing Care responded by modernising its retail and clinical spaces, expanding islandwide access, enhancing customer convenience and embracing global best practices in patient care. Today, the company is recognised not only for premium eyewear and advanced hearing devices, but also for the expertise and personalised attention that have become hallmarks of the brand.
The company now operates more than 50 branches nationwide across four specialised divisions encompassing optical care, hearing care, speech-language pathology and biomedical equipment solutions. This extensive network reflects the organisation’s continued commitment to making quality vision and hearing healthcare accessible to communities across Sri Lanka.
Speaking on the occasion, Director Mihira Wickramarachchi said, “Celebrating 50 years is both a proud and humbling moment for our family and our organisation. What began as a vision to provide dependable optical care has grown into a trusted healthcare brand because of the confidence placed in us by generations of Sri Lankan families. This milestone belongs to our loyal customers, dedicated employees, partners and communities who have been part of our journey.”
He added, “Our success has always been built on a willingness to innovate while staying true to our core purpose of helping people see better, hear better and live better. As we look ahead, we remain committed to investing in technology, talent and accessibility so that we continue to raise standards in healthcare delivery across Sri Lanka.”
Chief Executive Officer and Managing Director Liza Wickramarachchi noted that the 50th anniversary was also a time to reflect on the human impact behind the company’s growth. “For five decades, we have had the privilege of being part of countless personal milestones: a child receiving their first pair of spectacles, a professional gaining renewed confidence through clearer vision, or a senior reconnecting with loved ones through better hearing. These moments are at the heart of everything we do.”
She further stated, “Our golden jubilee is not simply a celebration of years in business. It is a celebration of lives touched, relationships built and trust earned over time. We are deeply grateful to our customers and our teams across the country whose dedication continues to shape our future.”
Throughout its 50-year journey, Wickramarachchi Opticians and Hearing Care has remained committed to responsible growth, professional development and community wellbeing. By combining heritage with innovation, the company has strengthened its reputation as a dependable healthcare partner for families seeking quality eye and hearing solutions.
The milestone year also marks a new chapter in leadership, with Liza Wickramarachchi serving as Chief Executive Officer and Managing Director, while Founder Dr. Mihira Wickramarachchi continues to guide the organisation as Chairman.
As Wickramarachchi Opticians and Hearing Care enters its next chapter, the company remains focused on advancing innovation, accessibility and clinical excellence, ensuring more Sri Lankans can benefit from quality vision and hearing healthcare for generations to come.

17.06.2025

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Ceylinco Life’s ‘Family Savari 19’ winners complete unforgettable China tour

Ceylinco Life's Family Savari grand prize winners in China.

The winners of the grand prize of the 19th edition of Ceylinco Life’s flagship ‘Family Savari’ mega promotion have returned from an immersive and memorable tour of Beijing, experiencing some of China’s most iconic landmarks and cultural highlights.

The all-expenses-paid tour brought together five winning families, a total of 20 participants, for a curated journey through China’s historic capital, accompanied by Ceylinco Life brand ambassador Roshan Ranawana and his family, adding a special dimension of warmth and camaraderie to the experience.

The itinerary combined history, culture and entertainment, offering participants the opportunity to explore globally renowned sites including the Great Wall of China, accessed via the Mutiyanu entrance with a scenic cable car ride, and the 2008 Olympic Stadium. The group also visited Tiananmen Square, the Forbidden City and the Summer Palace, gaining insight into China’s rich imperial heritage.

Adding further variety to the tour were visits to a jade factory, a panda zoo and a professionally staged acrobatic performance, alongside opportunities to enjoy authentic Chinese cuisine and leisure time for shopping.

The Beijing tour represented the pinnacle reward of Family Savari 19, under which five policyholder families were selected at the grand draw to receive this exclusive overseas holiday. The winners were drawn from branches located in Wennappuwa, Kelaniya, Godakawela, Kamburupitiya and Homagama.

Family Savari, launched in 2007, has grown into the largest and most enduring loyalty-cum-rewards programme in Sri Lanka’s life insurance sector, benefitting more than 37,000 people from over 11,000 policyholder families. The promotion is synonymous with shared family experiences and meaningful rewards, reinforcing long-standing relationships between Ceylinco Life and its policyholders.

Over the years, Family Savari winners have travelled to destinations across the globe, with each edition designed to create lasting memories through carefully curated experiences. The successful completion of the China tour marks yet another milestone in the continuing evolution of this iconic programme.

Ceylinco Life has been the market leader in Sri Lanka’s life insurance industry for 22 consecutive years. Recognised as the Best Life Insurer in Sri Lanka by World Finance for the 12th consecutive year and voted the ‘Peoples Life Insurance Service Provider of the Year’ for an unprecedented 20th consecutive year in 2025, Ceylinco Life offers innovative insurance solutions that protect and de-risk the ambitions of policyholders. In 2025, Ceylinco Life was also ranked the most valuable insurance brand in Sri Lanka and the 22nd most valuable brand overall by Brand Finance.

17.06.2025

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Saviynt Partners with ORIN Corporation to Advance Identity Security and Digital Trust in Sri Lanka

Nitin Varma, SVP & Managing Director, India & SAARC at Saviynt and Rehan Ariyaratne, Chief Operating Officer, ORIN Corporation affirm aligned commitment to strengthening access to modern identity security and governance solutions.

Saviynt, a leading provider of cloud-native identity security solutions, has appointed ORIN Corporation, a fully owned subsidiary of South Asian Technologies Group, as its exclusive distributor in Sri Lanka. The partnership will strengthen access to modern identity security and governance solutions for Sri Lankan enterprises and channel partners, supporting organizations in building digital trust, improving governance, and securing increasingly complex digital environments.
The collaboration represents one of the first focused initiatives in Sri Lanka to position identity security and digital trust as strategic business enablers beyond traditional cybersecurity conversations. Through the partnership, organizations will gain access to Saviynt's globally recognized identity security platform, enabling them to strengthen governance, reduce operational and compliance risks, and support secure digital transformation initiatives.
ORIN Corporation will provide localized expertise, implementation support, technical enablement, and go-to-market capabilities to help organizations accelerate the adoption of identity-led cybersecurity strategies. The partnership will also contribute to strengthening the local cybersecurity ecosystem through partner development and customer enablement initiatives.
Commenting on the partnership, Rehan Ariyaratne, Chief Operating Officer, ORIN Corporation, said:
"This partnership is rooted in a shared vision of helping organizations secure identity in an increasingly complex, cloud-first world. By combining Saviynt's global leadership in identity governance with ORIN's implementation expertise and local market knowledge, we are enabling organizations to strengthen governance, reduce risk, and build trusted digital environments. Together, we are helping customers move from reactive compliance towards proactive, identity-driven risk management."
The partnership aligns with ORIN Corporation's Governance, Risk and Compliance (GRC) strategy and reinforces its commitment to helping organizations modernize securely. It also reflects ORIN's continued evolution from technology distribution towards enabling broader business transformation through best-in-class cybersecurity technologies.
Nitin Varma, SVP & Managing Director, India & SAARC at Saviynt, said:
"Organizations today operate in increasingly complex digital environments where identity has become the foundation of cybersecurity. We are pleased to partner with ORIN Corporation to bring Saviynt's industry-leading identity security capabilities to Sri Lanka. Together, we will help enterprises establish trusted digital environments, improve governance, strengthen access visibility, and confidently pursue digital transformation without compromising security."
The partnership introduces a comprehensive approach to identity security encompassing Identity Governance and Administration (IGA), Cloud Privileged Access Management (PAM), Autonomous Access Governance, and identity security capabilities designed for modern digital ecosystems.
By making advanced identity security solutions more accessible locally, Saviynt and ORIN Corporation aim to help organizations protect users, data, and critical business systems while enabling innovation, governance, and sustainable growth in an increasingly digital economy.

16.06.2026

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‘Kotagala Kahata Rasa Wasana 2025’ Marks a Milestone with 5 Scooter Winners

By Vipula Amarasinghe

: Kotagala Kahata brought excitement to loyal consumers across Sri Lanka as it successfully concluded its much-anticipated ‘Rasa Wasana 2025’ consumer promotion with a grand prize-giving ceremony held recently at the Grand Oriental Hotel, Colombo. The event celebrated five winners, each of whom received brand-new TVS Scooty Pep motorcycles. The successful conclusion of the promotion marks yet another milestone in Kotagala Kahata’s ongoing commitment to recognising and rewarding consumer loyalty, while further strengthening its enduring connection with households across the island.

The ‘Kotagala Kahata Rasa Wasana 2025’ promotion was conducted until 5 October 2025, providing consumers with the opportunity to partake by sending a Kotagala Kahata tea packet of any size, along with their name, address, and telephone number, to P.O. Box 161, Colombo. Kotagala Kahata promotional vehicles travelled across 120 towns in 20 districts island-wide during the promotional period to further enhance the campaign’s reach and engage directly with consumers. Accordingly, Kotagala Kahata consumers were also able to submit their entries directly through the brand’s promotional vehicles, resulting in overwhelming participation and enthusiastic engagement from tea lovers across the country.

The ‘Rasa Wasana’ promotion was designed as a gesture of appreciation to consumers who have continued to place their trust in the Kotagala Kahata brand over the years. Remarking on the success of the campaign, Nisha Karunaratne, Chief Marketing Officer of C.W. Mackie PLC Group of Companies, said, “The remarkable response received for the ‘Kotagala Kahata Rasa Wasana 2025’ promotion reflects the confidence and loyalty that consumers continue to place in our brand. We are delighted to have rewarded five winners with TVS Scooty Pep motorcycles and extend our sincere gratitude to all consumers who participated in this year’s promotion.”

Introduced to the Sri Lankan market in 2012, Kotagala Kahata has steadily grown in popularity among consumers for its rich colour, distinctive taste, and refreshing aroma. Carefully blended using quality Ceylon tea, the brand has earned a reputation for delivering consistent quality and value, making it a preferred choice among tea-drinking households across the island. Through initiatives such as the ‘Rasa Wasana’ promotion, Kotagala Kahata continues to strengthen its presence in the market while building lasting relationships with tea lovers.

With a history of over 120 years, C.W. Mackie PLC is a company listed on the Colombo Stock Exchange (CSE) that specialises in manufacturing, exporting, and importing a wide range of products, all aimed at elevating the quality of life for its stakeholders. The Scan Products Division, as the FMCG arm of this diversified business conglomerate, employs a hybrid vertical marketing and distribution approach to penetrate various consumer markets through traditional trade, modern trade, HORECA (Hotel, Restaurant, and Catering) channels, and institutional distribution. Its product portfolio includes well-known brands such as Sunquick, Scan Jumbo Peanuts, Scan Snacks, Kotagala Kahata, Muthu Kahata, Delish Jelly, Scan-branded bottled water, KVC Products (processed fruits and vegetables), N-Joy Coconut Oil, and Star Brand Essences and Colourings, all of which have become market leaders in their respective categories and earned the trust of Sri Lankan consumers. Through its strong portfolio of trusted brands and extensive distribution network, the company continues to play a significant role in delivering quality products to consumers across the country.

16.06.2025

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IDL Reopens Renovated MOH Office, Kaduwela, in a Gesture of Community Commitment

By Vipula Amarasinghe

Deputy Chairperson Ms. Indhu Selvaratnam personally presenting an Enfamama Nutritional Supplement package to an expectant mother attending the MOH Clinic, Kaduwela, at the ceremonial reopening of the renovated MOH Office on 6th May 2026.

International Distillers Limited (IDL) ceremonially reopened the newly renovated Medical Officer of Health (MOH) Office, Kaduwela, on 6th May 2026, in a meaningful affirmation of the Company's long-standing commitment to the community it calls home.
The event was graced by IDL Chairman Mohan Tissanayagam, Deputy Chairperson Indhu Selvaratnam, Chief Executive Officer Janek Jayasekara, Executive Director Dr. Kemal de Soysa, and the Company's senior leadership team.
Dr. Chandana Pathberiya,Medical Officer of Health, Kaduwela, warmly welcomed the gathering and expressed his gratitude for IDL's continued investment in the public health infrastructure of the area. Rohitha Amarapala, Chief Human Resources Officer of IDL, spoke passionately of the Company's enduring engagement with the Kaduwela community and its commitment to creating shared value for society, the environment, and the business in equal measure. Dr. Kushan Basnayake, Consultant Community Medicine, extended his heartfelt appreciation to IDL, commending the initiative as a commendable example of responsible corporate citizenship.
The project was spearheaded by Nanda Kumar Nair, Group Chief Financial Officer of IDL, in close collaboration with Facility Manager Upul Priyantha, whose dedication and hands-on commitment brought the vision to fruition.
The highlight of the ceremony was the presentation of Enfamama Nutritional Supplement packages to all pregnant mothers attending the clinic on the day; a gesture that spoke more powerfully than words, IDL's genuine care for those who matter most in the community. Deputy Chairperson Indhu Selvaratnam personally handed over the packages to the expectant mothers present, in a moment that drew warm appreciation from all in attendance.

16.06.2025

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Volt Charge Moves from Early Mover to Category Leader in Sri Lanka’s EV Charging Infrastructure

Volt Charge, a part of JAT Holdings PLC’s expanding portfolio, has established itself as the largest EV charging network in Sri Lanka, marking a significant milestone in the country’s emerging electric mobility infrastructure sector.
With over 80 DC fast chargers, 20 public AC chargers, and over 3000 AC home chargers installed to date, Volt Charge has moved from early-stage market participation to category leadership. Its public charging network now spans over 100 sites across key districts, strengthening access to EV charging across both urban and outstation locations.
For JAT Holdings, this milestone carries strategic significance. While the Group has built its foundation in coatings, surface solutions, and related manufacturing capabilities, Volt Charge reflects its broader evolution into future-facing sectors where technology, infrastructure, and sustainability intersect.
Beyond the scale of deployment, these figures represent a shift toward infrastructure leadership in an industry central to Sri Lanka’s mobility transition. Volt Charge’s public network currently records over 18,000+ charging sessions monthly and handles approximately 100 MWh of energy each month. The Volt Charge app has also grown to over 16,000 users, reflecting increasing adoption of digitally enabled charging access.
Dr. Beshan Kulapala, Co-Founder and Chief Executive Officer of Volt Charge, stated, “EV adoption depends on confidence in the charging ecosystem. Our focus is not only to install chargers, but to build a reliable, connected network that enables EV users to travel across Sri Lanka with greater confidence.”
The network has been developed with a balance of urban and outstation coverage, with approximately 60% of chargers positioned in urban areas and 40% across outstation and highway-linked locations. This distribution supports both daily city use and longer-distance travel, particularly as EV ownership expands beyond major urban centres.
Partnerships have also played a central role in scaling access. Volt Charge has developed site deployments with leading corporates and hospitality brands including Keells Supermarkets, Cinnamon Hotels & Resorts, Dilmah, Jetwing Hotels, and City of Dreams. A key customer partnership is with John Keells CG Auto, the authorised distributor for BYD in Sri Lanka, with Volt Charge having secured orders for 4,000 chargers to support BYD vehicle customers. Together, these partnerships place charging infrastructure where users naturally travel, work, shop, and stay.
Operational reliability remains a key differentiator. The network maintains over 99% uptime and is supported by predictive and routine maintenance, instant online diagnosis, and defined response mechanisms for critical maintenance. Major breakdowns or urgent maintenance requirements are attended to within 24 hours in Colombo and within 48 hours in outstation locations.
Beyond physical infrastructure, Volt Charge has built a technology platform designed to improve the charging experience. The Volt Charge platform supports real-time charging management, payments, journey planning, fleet management for corporate users, and portal-based analytics for charging station owners.
The company has also placed emphasis on safety, engineering standards, and design. Volt Charge’s AC chargers are TÜV Rheinland certified and tested in Germany, while its DC chargers have been certified by EMTEK Group, a recognised testing and certification body. Both certifications confirm alignment with IEC international standards, giving users and partners added assurance on safety, quality, and reliability. Its chargers have also received international design recognition, reinforcing Volt Charge’s emphasis on engineering-led product development.
Nishal Ferdinando, Chief Executive Officer of JAT Holdings PLC, commented, “Volt Charge reflects the kind of portfolio evolution we are pursuing at JAT. We are not looking at diversification as a short-term expansion exercise, but as a disciplined move into sectors where we can build capability, create infrastructure value, and participate meaningfully in Sri Lanka’s future economy.”
With over Rs. 250 million invested into the network to date, Volt Charge reflects JAT’s intent to build long-term capability in sectors that are aligned with national development, sustainability, and changing consumer behaviour.
From an early mover in a developing category, Volt Charge has now become a national infrastructure player in Sri Lanka’s EV ecosystem. Its growth reflects a broader shift in how future mobility will be enabled: through reliable networks, strong partnerships, and sustained investment in infrastructure that supports cleaner, more efficient transport.

16.06.2025

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Fashion Bug Reinforces Commitment to Healthcare with Theatre Angiogram Cover Donation

By Vipula Amarasinghe

Furthering its commitment to creating a meaningful impact beyond the retail sector, Fashion Bug recently donated theatre angiogram covers to the Cardiac Catheterisation Laboratory at Colombo South Teaching Hospital, Kalubowila. The programme was held on 30 March 2026 at the hospital premises as part of the brand's ongoing CSR initiatives.

The Cardiac Catheterisation Laboratory is a vital unit within the hospital that facilitates a wide range of diagnostic and interventional procedures to diagnose and treat cardiovascular conditions. Recognising this importance of equipping healthcare institutions with essential resources, the brand’s contribution of fifty packs of theatre angiogram covers aims to support the laboratory’s operations and strengthen the quality of care provided.

Fashion Bug Chief Executive Officer Shabier Subian said that healthcare professionals provide an extraordinary service to society, often with limited resources. He noted that the brand recognises the significance of supporting institutions dedicated to saving lives and improving health outcomes, adding that the donation reflects the brand’s appreciation for the medical community and its commitment to strengthening the healthcare system.

As one of Sri Lanka’s leading fashion retailers, the brand has consistently undertaken initiatives that contribute to the wellbeing of communities across the country. Programmes such as this reflect Fashion Bug’s belief that sustainable business growth must be accompanied by meaningful contributions towards national development.

Dr S. H. M. Faraaz, Deputy General Manager – Marketing and Sales, emphasised that as a brand deeply rooted in Sri Lanka, Fashion Bug remains committed to undertaking initiatives that create value for society and contribute to the wellbeing of future generations. Through this programme, the brand sought to provide practical support to a healthcare institution that serves thousands of patients.

With a longstanding commitment to CSR, Fashion Bug remains dedicated to supporting initiatives that improve lives, empower communities and contribute to the nation’s sustainable development.

16.06.2026

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SLID Launches Public Sector Forum to Advance Governance Excellence in State-Owned Enterprises

As part of its 25th Anniversary celebrations, the Sri Lanka Institute of Directors (SLID) has launched the Public Sector Forum – a dedicated platform aimed at strengthening governance, accountability, and board leadership within Sri Lanka ’s public sector institutions and State-Owned Enterprises (SOEs). The Forum is chaired by governance professional Mr. Arjuna Herath, who will lead its efforts to promote governance excellence, capacity building, and thought leadership across the public sector.

The inaugural event of the Forum was conducted in partnership with AICPA & CIMA Sri Lanka under the theme “Strengthening Oversight: Advancing Governance in Sri Lanka ’s State-Owned Enterprises.” Held as a live webinar, the session brought together directors, senior public sector officials, auditors, governance professionals, regulators, and business leaders to discuss practical measures for enhancing oversight and accountability within SOEs.

The event featured keynote addresses by Mr. S. Swarnajothi, former Auditor General of Sri Lanka, and Mr. Manil Jayesinghe, former Partner at Ernst & Young, along with insights from Dr. Sulakshan Jayawardena, Director General of Corporate Affairs at the Ministry of Finance. The panel discussion was moderated by Mr. Sujeewa Rajapakse, Managing Partner of BDO Sri Lanka, and included leading experts in governance, legal affairs, sustainability, risk management, digital transformation, and forensic accounting.

A central theme of the discussion was that while many SOEs have shown improvements in financial performance in recent years, sustainable success requires far more than profitability. Speakers stressed that robust governance structures, effective Audit Committees, strong internal controls, risk management frameworks, and accountable leadership are essential to creating long-term public value and protecting national resources.

The Forum explored a number of critical governance priorities facing Sri Lanka ’s public sector, including:

· Strengthening the effectiveness and independence of Audit Committees
· Building professional and adequately resourced internal audit functions
· Enhancing transparency, accountability, and stakeholder trust
· Improving procurement governance, planning, and monitoring
· Leveraging technology, data analytics, and continuous monitoring for oversight
· Addressing emerging risks related to cybersecurity, data protection, and fraud
· Embedding ESG and sustainability considerations into board oversight
· Developing performance-based accountability frameworks for senior management and boards

The panelists highlighted that many governance failures arise not from the absence of regulations, but from weak implementation, poor monitoring, and inadequate accountability mechanisms. Discussions also emphasized the importance of merit-based board appointments, continuous director training, stronger professional competencies within boards and Audit Committees, and a governance culture that prioritizes ethical leadership and effective oversight.

Several experts drew attention to the growing importance of digital governance, cyber resilience, forensic readiness, and sustainability reporting. They noted that boards must increasingly oversee not only financial performance but also data governance, ESG risks, anti-bribery compliance, and emerging technology-related risks that could impact organizational performance and public confidence.

A recurring message throughout the webinar was that professionalism remains the cornerstone of effective governance. Participants agreed that stronger institutions require competent boards, independent oversight, clear accountability structures, and a commitment to implementing existing governance frameworks consistently and effectively.

Commenting on the launch of the Forum, Mr. Arjuna Herath, Chair of the SLID Public Sector Forum, reaffirmed SLID ’s commitment to supporting directors, board members, and public sector leaders through continuous professional development, governance education, and thought leadership initiatives that contribute to stronger institutions and better public outcomes.

Speaking on the significance of the initiative, SLID CEO Ms. Anitra Perera stated that the Public Sector Forum represents an important milestone in SLID ’s 25-year journey of advancing director professionalism and governance excellence in Sri Lanka. She noted that the Forum will serve as a catalyst for dialogue, learning, and reform within the public sector, helping to strengthen institutional performance, safeguard public resources, and support Sri Lanka ’s long-term economic development.

The Public Sector Forum will continue to host a series of knowledge-sharing events, leadership dialogues, research initiatives, and governance-focused programmes aimed at equipping public sector leaders with the skills, tools, and insights required to navigate an increasingly complex governance landscape.

The launch of the Public Sector Forum further reinforces SLID ’s commitment to building future-ready boards and promoting world-class governance standards across both the private and public sectors of Sri Lanka.

16.06.2025

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Celebrating 25 Years of Strengthening Sri Lanka–Thailand Business Relations

Sri Lanka–Thailand Business Council Marks a Milestone of Partnership, Progress, and Prosperity

By Vipula Amarasinghe

Dushyanta Basnayake – Immediate Past President, Prangtip Kongridhisuksakorn – Counsellor, Lalitha Kumarage – Past President, Kamil Weerasekara – Vice President, Lionel Fernando – Founder /Past President, Paitoon Mahapannaporn – Ambassador, Rizan Nazeer – Founder /President, A.M. Musajee – Vice President, Yashodha Peiris – Treasurer, Priyantha Kolonnage – Secretary ,Asitha Panabokka  - Committee Member, Chandana Nanayakkara – Committee Member, Rohan Elgiriyawithana – Assistant Secretary, Harendra Abeyesundere - Committee Member, Rienzie Fernando - Committee Member, Abdul Saliheen – Assistant Treasurer, Aasim Mukthar - Committee Member, Sanjeeva Jayasinghe - Committee Member

The Sri Lanka–Thailand Business Council celebrates its 25th anniversary in 2026, marking a remarkable journey of fostering economic cooperation, trade, investment, and friendship between Sri Lanka and Thailand. For a quarter of a century, the Council has served as a vital bridge connecting the private sectors of both nations, creating opportunities for businesses, facilitating dialogue, and strengthening bilateral ties.
Established at the dawn of a new millennium, the Council emerged from a shared vision to promote closer commercial engagement between two nations linked by centuries of cultural, religious, and historical connections. Over the years, this vision has evolved into a dynamic platform that has supported entrepreneurs, investors, exporters, and industry leaders in exploring new avenues of growth and collaboration.
A Legacy of Business Leadership
Throughout its history, the Sri Lanka–Thailand Business Council has played a pivotal role in advancing trade and investment relations. Through business forums, trade missions, networking events, and strategic partnerships with organizations such as the Department of International Trade and Promotion and the Board of Trade of Thailand, the Council has created meaningful opportunities for businesses in both countries. These initiatives have facilitated market access, encouraged knowledge sharing, and strengthened people-to-people connections that extend beyond commerce.
The Council's efforts have contributed to the growth of bilateral trade across a wide range of sectors, including agriculture, manufacturing, tourism, logistics, healthcare, education, and emerging technologies. By bringing together business leaders and policymakers, the Council has helped create an environment conducive to sustainable economic cooperation.
Building on Shared Heritage
The relationship between Sri Lanka and Thailand is unique. Rooted in centuries of Buddhist heritage and cultural exchange, the friendship between the two nations has naturally expanded into a robust economic partnership. The Council has consistently championed this relationship, recognizing that strong cultural foundations provide a powerful platform for business collaboration.
As regional economies become increasingly interconnected, the Council has remained committed to promoting innovation, entrepreneurship, and cross-border partnerships that generate mutual value and long-term prosperity. 

Looking Ahead to the Future
While the 25th anniversary is an opportunity to reflect on past achievements, it is equally a moment to look forward. The evolving global business landscape presents exciting opportunities in digital transformation, sustainable development, renewable energy, advanced manufacturing, tourism, and services.
The Sri Lanka–Thailand Business Council is well-positioned to continue its role as a catalyst for growth, supporting businesses in navigating new opportunities and strengthening economic engagement between the two countries. The Council's commitment to empowering enterprises, particularly small and medium-sized businesses, will remain central to its mission in the years ahead.
Honouring the Visionaries
This milestone is also a tribute to the founders, past presidents, executive committee members, corporate partners, and stakeholders whose dedication has shaped the Council's success. Their vision, leadership, and commitment have established a strong foundation upon which future generations can build.
Celebrating 25 Years of Excellence
As the Sri Lanka–Thailand Business Council celebrates its silver jubilee, it stands as a symbol of enduring friendship, business excellence, and shared prosperity. The achievements of the past 25 years inspire confidence in an even brighter future—one defined by stronger partnerships, greater innovation, and deeper economic cooperation between Sri Lanka and Thailand.
Together, the Council looks forward to continuing its mission of connecting businesses, creating opportunities, and advancing the prosperity of both nations for many years to come.
The 25th Anniversary celebrations will be held on the 19th of June (Friday) at the Kingsbury Hotel commencing at 6.30 pm. It’s a ticketed event.

15.06.2025

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Allianz Annual Awards 2026 Celebrates Rare, Regal, and Remarkable Excellence in Sri Lanka

Allianz Lanka celebrated excellence and performance at the Allianz Annual Awards 2026, held under the theme “Rare. Regal. Remarkable.” The event recognized outstanding achievements from 2025, honoring individuals who have redefined standards and delivered exceptional results across Sri Lanka’s general insurance landscape.
With over 20 years of serving Sri Lanka’s general insurance industry, Allianz Lanka continues to empower individuals, businesses, and communities across the island. At the heart of its approach lies its brand promise, “To Us, You are Always #1,” reflecting a deep commitment to putting customers at the center of every interaction. By focusing on simplicity, clarity, and accessibility, Allianz ensures that every solution is designed to make life easier and more secure for its customers.
Globally, headquartered in Munich, Allianz operates in more than 70+ countries and has been ranked the world’s no.1 insurance brand for seven consecutive years in Interbrand’s Best Global Brands 2025 ranking. Despite its global scale and recognition, Allianz Lanka attributes its success to its people individuals who consistently deliver with determination and bring the company’s customer-first promise to life.
The Allianz Annual Awards 2026 commenced with a welcome address by Chief Marketing Officer Kasun Yatawara. This was followed by addresses from CEO and Country Manager Prashant Grover, Chief Distribution Officer Ranga Dias, Head of National Sales Jayanath Alwis, Head of Agency Distribution and Retail Prasanna Kodikara, and Head of Corporate Sales Malik Peiris. 
The event focused on recognizing individuals who have consistently gone above and beyond to deliver value, strengthen customer relationships, and elevate industry standards. It celebrated not only performance, but also the impact created through dedication, innovation, and service excellence.
The highlight of the evening was the prestigious Champion of Champions Award for 2025, awarded to Suvimal Perera from the Wennapuwa branch. His outstanding achievements and commitment to excellence distinguished him as the top performer, embodying the true spirit of being rare, regal, and remarkable.

15.06.2025

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Port City Colombo Forum in Dubai Positions Sri Lanka as South Asia's Gateway for UAE Business Expansion

Mr. Kris Wadia, Founder of Tech Emirates Advocates, Mr. 'Ramesh' Skandan Mahalingam, Board of Governor of IBPC Dubai and Managing Director of Ideal Capital Management Consultants; Mr. Aaron Russell-Davison, Managing Director of SRP International and Director of Guernsey Finance Middle East; Ms. Bapsy Dastur, Chief Legal Strategist and Board Director; and Mr. Thulci Aluwihare, Deputy Managing Director of CHEC Port City Colombo.

The Embassy of Sri Lanka in the United Arab Emirates and the Consulate General of Sri Lanka in Dubai and the Northern Emirates, in collaboration with Colombo Port City Economic Commission and CHEC Port City Colombo Pvt. Ltd., hosted Globalisation and the Sri Lankan Opportunity - From Recovery to Relevance: Sri Lanka's Moment in the Evolving Global and Regional Economy, an invitation-only diplomatic and investment engagement at The Ritz-Carlton, Dubai International Financial Centre.
The forum brought together approximately 200 senior leaders from across UAE corporates and business chambers alongside Sri Lanka's most senior diplomatic and investment representatives - among them senior executives from Sobha Realty, Binghatti, Oracle, Emirates Airlines, First Abu Dhabi Bank, JLL, Cushman & Wakefield, CBRE, IFS, Danube and Samana Developers - reflecting the depth of interest from the UAE's leading industries in Sri Lanka's evolving economic proposition.
Opening the forum, H.E. Prof. Arusha Cooray, Ambassador of Sri Lanka to the United Arab Emirates, set the tone for a morning of substantive dialogue, speaking to the depth and durability of the UAE–Sri Lanka partnership, one built on decades of trade, people, and shared economic ambition, and affirming Sri Lanka's commitment to taking that relationship into a new chapter defined by what Sri Lanka can offer UAE businesses seeking to grow their presence across South Asia.
The keynote address was delivered by Mr. Ghanim Al Falasi, CEO of Falak Tayyeb Platinum and Senior Vice President/Director General’s Office for of Dubai Silicon Oasis (DSO), who drew on over a decade of senior leadership experience in the UAE's innovation and technology ecosystem to frame the question of what South Asia's emerging platforms offer to forward-looking UAE businesses. He noted that while Dubai provides global access to capital and logistics, Colombo offers strategic access to South Asia, and that together the two cities can function as complementary platforms serving different but mutually reinforcing roles in the regional economy.
H.E. Hanif Yusoof, Presidential Special Envoy for Foreign Investment of Sri Lanka, delivered strategic perspectives on Sri Lanka's investment vision, underscoring the President and Government's commitment to Port City Colombo as the flagship vehicle for the country's long-term economic transformation. Yusoof positioned Sri Lanka firmly as a transformation story rather than a recovery story, emphasising that Sri Lanka today offers UAE businesses something rare in South Asia - a jurisdiction that combines regional proximity with genuine institutional credibility, anchored in a platform that is operational, investable, and ready. He invited UAE businesses to see Port City Colombo and Sri Lanka as a gateway to South Asia in the same way that Dubai serves as a gateway to the Middle East and North Africa, enabling businesses already established in the Gulf to expand their regional footprint without starting from scratch.
Mr. Harsha Amarasekera PC, Chairman of the Colombo Port City Economic Commission, provided a detailed overview of Port City Colombo's current commercial momentum, the strong investment interest that has crystallised in the last 12-18 months resulting in significant visible progress. The Chairman emphasised that the project is designed as a complementary, supportive, and collaborative platform - one that offers UAE companies a footprint from which to expand into South Asia, rather than a competing proposition to the Gulf's established business ecosystem.
Mr. Revan Wickramasuriya, Director General of the Commission, elaborated on the governance architecture underpinning Port City Colombo, highlighting the investor protection mechanisms, long-term tax incentives, and rules-based regulatory environment that distinguish the SEZ, noting that the framework was designed from inception to meet the expectations of internationally mobile capital.
The centrepiece of the forum was a moderated panel discussion that drew all these threads together, exploring the global reconfiguration of business operating models, the deepening relationship between the Gulf and South Asia, and Sri Lanka's specific role within that emerging picture. Moderated by Kris Wadia, the panel featured experts in their respective industries - Aaron Russell-Davison, Skandan ‘Ramesh’ Mahalingam, Bapsy Dastur and Thulci Aluwihare - whose combined perspectives across international capital markets, legal and governance advisory, UAE business development, and real estate produced a substantive and wide-ranging conversation that resonated strongly with the audience.
With the aim of deepening investment ties in the Gulf region, the forum also marked the ceremonial onboarding of Mr. Mujtaba Shaikhani, Founder and Principal of MH Investments and Managing Director of Gulf O Flex, as a Strategic Partner and Director for GCC and Pakistan of CHEC Port City Colombo (Pvt) Ltd. With operations spanning the UAE, Saudi Arabia, and Sri Lanka, and recognised on the HVAC Power 30 list and as CEO of the Year by CBN Middle East.
The formal programme concluded with a vote of thanks delivered by Hon. Alexi Gunasekera, Consul General of Sri Lanka in Dubai and the Northern Emirates, who spoke to the significant potential he sees in UAE–Sri Lanka trade and his efforts to broaden interest across the Middle East and UAE in what Sri Lanka has to offer. He underscored that Sri Lanka had not come to Dubai to tell a story of the past, but to extend an invitation to be part of the story being written now - one in which UAE businesses and investors have a defining role to play.
Mr. Xiong Hongfeng, Managing Director of CHEC Port City Colombo (Pvt) Ltd, reflected on the significance of the forum for Port City Colombo's regional outreach. “The interest we have seen at this forum from some of the UAE's most significant businesses and investors is a reflection of what Port City Colombo represents: not just a development in Sri Lanka, but a platform for South Asia; one that offers the regulatory clarity, physical quality, and regional connectivity that globally mobile businesses and capital have been looking for.”
The forum marks a significant step in Sri Lanka's structured engagement with the Gulf investment community, and reinforces Port City Colombo's positioning as the institutional platform through which South Asia's next chapter of growth becomes accessible to UAE businesses and investors. The event was the culmination of close coordination between the Consulate General of Sri Lanka to Dubai and the Northern Emirates and Port City Colombo, with the Consulate General's office playing an instrumental role in ensuring the successful delivery of an engagement that reflected the depth and ambition of the bilateral relationship.

13.06.2025

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CEAT Kelani crowned ‘Best Tyre Manufacturer’ at inaugural Automobile Industry Awards

By Vipula Amarasinghe

CEAT Kelani General Manager – Institutional Sales & OE Mr Indika Ellepola and members of CEAT Kelani team accept the award from the Minister of Industry and Entrepreneurship Development Hon. Sunil Handunneththi  in the presence of the Chairman of the Automobile Industry Council Mr Ravith Silva and other dignitaries.

Leadership in OEM segment and commitment to global standards recognised at national forum

CEAT Kelani Holdings has been adjudged the Best Tyre Manufacturer in the ‘Component Manufacturer’ Category at the country’s inaugural Automobile Industry Awards presented by the Automobile Industry Council (AIC) of Sri Lanka, in a significant endorsement of the company’s leadership in the country’s fast-evolving vehicle assembly sector. The awards were presented at Temple Trees at a ceremony attended by government ministers, senior public officials, industry leaders and stakeholders from across Sri Lanka’s automobile ecosystem. Conceived as a national platform to recognise excellence, innovation and sustainability, the awards evaluate performance across criteria including technology, market impact, customer satisfaction and industry leadership.

CEAT Kelani’s recognition reflects its commanding position in the Original Equipment (OE) tyre segment, where the company supplies tyres for more than 90% of the vehicles assembled in Sri Lanka. Having entered the local vehicle assembly industry in 2012 with its first OE tyre supply, CEAT has rapidly established itself as the preferred tyre partner for assemblers, supplying over 150,000 OE tyres annually across a diverse range of vehicles including cars, SUVs, motorcycles, scooters, buses and commercial vehicles. Today, CEAT tyres are fitted as original equipment on more than 30 locally assembled vehicle models spanning 11 global brands, underscoring the confidence placed in the company’s product quality, consistency and performance.

The company’s leadership in this segment is reinforced by its achievement of IATF 16949:2016 certification, making it the first tyre manufacturer in Sri Lanka to secure this globally recognised automotive quality standard. This certification affirms CEAT Kelani’s capability to meet the stringent requirements of international automotive OEMs while optimising supply chain efficiency and reliability. CEAT tyres supplied to vehicle manufacturers undergo rigorous validation processes and have demonstrated superior performance across key parameters such as safety, durability, braking efficiency, ride comfort and noise reduction. Low rolling resistance and minimal vibration further enhance driving efficiency and user experience, aligning with global expectations of modern mobility solutions.

Beyond its industrial impact, CEAT Kelani also contributes significantly to the national economy. By manufacturing tyres locally, the company helps conserve valuable foreign exchange through import substitution, while sourcing 100% of its natural rubber requirements domestically, supporting the livelihoods of more than 10,000 rubber cultivator families.

The Automobile Industry Council, the apex body representing Sri Lanka’s automobile sector, was established under the joint leadership of key government ministries and operates as a private-sector-led, not-for-profit organisation. Its mandate includes driving sustainable growth, strengthening industry competitiveness and fostering collaboration between public and private stakeholders. The inaugural awards ceremony forms part of the Council’s broader effort to promote global best practices, encourage innovation, advance sustainability and elevate governance standards within the industry, while positioning Sri Lanka’s vehicle assembly sector for long-term growth.

CEAT Kelani’s recognition as Best Tyre Manufacturer at this landmark event affirms its pivotal role in supporting the country’s automobile industry and its continued commitment to delivering world-class products tailored to both local and international markets. As Sri Lanka’s No.1 tyre brand, CEAT sells over 1.2 million tyres annually and is trusted by millions of motorists. The brand also has a presence in more than 110 countries, including the United States and Europe, reinforcing its standing as a globally competitive manufacturer with strong local roots. Ranked Sri Lanka’s most valuable tyre brand by Brand Finance and named the ‘Most Loved Tyre Brand’ in Sri Lanka in 2025 and 2026 by LMD, CEAT Kelani’s rise to market leadership is driven by sustained investments in technology, innovation and capacity, with manufacturing operations spanning tyres for passenger cars, vans, SUVs, commercial vehicles, motorcycles, three-wheelers and agricultural vehicles. Besides meeting around half of Sri Lanka’s automotive tyre demand, CEAT Kelani exports approximately 20 per cent of its output to 16 countries. The company has invested more than Rs. 8.5 billion in Sri Lanka over the past decade and recently committed a further Rs. 4.5 billion, reinforcing its role as a key contributor to the national economy and a trusted partner to the transport sector.

13.06.2025

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CDB Surpasses Rs. 200 Billion Asset Milestone, Delivers Record Profit and Positions for Next Phase of Growth

By Vipula Amarasinghe

Citizens Development Business Finance PLC (CDB) reported another year of strong financial and operational performance for the financial year ended 31 March 2026, surpassing the landmark Rs. 200 billion asset milestone while recording Profit After Tax of Rs. 4.5 billion, reinforcing its position among Sri Lanka’s leading non-bank financial institutions.

The Company’s total assets expanded by 37% to Rs. 214.7 billion, while its lending portfolio grew by an impressive 53% to Rs. 169.2 billion, supported by new disbursements exceeding Rs. 110 billion during the year. Gross income increased by 18% to Rs. 30.2 billion, with Profit Before Taxes rising to Rs. 8.2 billion and Profit After Tax increasing by 12% to Rs. 4.5 billion.

The Board of Directors declared a total dividend payout of Rs. 1.25 Bn for the financial year, a 16.67% increase over the prior year, comprising an interim dividend of Rs. 7.50 per share (pre-subdivision) and a final dividend of Rs. 1.00 per share on the subdivided capital. The Board also completed a one-for-ten share subdivision of both voting and non-voting shares in April 2026, aimed at broadening market accessibility and liquidity.

The year also saw a significant improvement in asset quality, with the Net Non-Performing Loan Ratio improving to 1.53% from 3.1% in the previous year, reflecting disciplined credit underwriting, enhanced portfolio monitoring, automated credit decision-making, and a more stable economic environment.

Commenting on the Company's performance, Chairman Alastair Corera stated: "The achievements recorded during FY2025/26 are not merely the result of favourable market conditions but the outcome of deliberate strategic execution, disciplined governance and years of investment in strengthening our capabilities. Having surpassed the Rs. 200 billion asset milestone, CDB is now firmly positioned to achieve its next strategic growth phase."

The Chairman further highlighted that CDB's diversified funding strategy, strengthened risk management framework, and continued commitment to sustainability have enhanced the Company's resilience while enabling uninterrupted balance sheet expansion.

Managing Director and Chief Executive Officer Mahesh Nanayakkara described FY2025/26 as one of the most significant years in CDB's history.

"When we commenced our transformation journey over two decades ago, CDB was an institution with an asset base of less than Rs. 1 billion. Today, we stand as a Rs. 214 billion institution with a strong financial position, diversified funding sources, improving asset quality, scalable digital capabilities and a clear roadmap for future growth."

He noted that while scale remains important, the Company's next phase of evolution will increasingly focus on improving profitability, enhancing capital efficiency, strengthening returns, and creating superior long-term value for stakeholders.

A key strategic development during the year was CDB's decision to transition from a technology-enabled organisation to an AI-enabled organisation, supported by a comprehensive roadmap focused on empowering employees with enterprise-grade generative AI capabilities, embedding artificial intelligence across business functions and customer journeys, and deploying agentic AI solutions to automate increasingly complex processes.

The Company's digital transformation continued to gather momentum, with users of the CDB SELF platform increasing by 93% year-on-year, while digital transactions accounted for 74% of total customer transactions.

Beyond financial performance, CDB continued to create meaningful value across all stakeholder groups through its integrated value creation model.

The Company invested Rs. 49 million in community initiatives, continued the expansion of its flagship Smart Computer Labs programme across all districts, advanced autism intervention initiatives and strengthened educational support through the Sisudiri Scholarship Programme.

CDB also expanded its sustainability agenda through a green financing portfolio exceeding Rs. 31 billion, supporting renewable energy adoption, electric mobility, climate resilience and sustainable economic development. Environmental considerations remain integrated into lending decisions and risk assessment processes, reinforcing the Company's commitment to achieving a 30% reduction in carbon intensity over the next five years.

Recognising that sustainable institutions are built on leadership continuity, CDB also reaffirmed its commitment to succession planning through a carefully structured leadership transition framework. Developed over several years, the programme focuses on preparing the next generation of leaders through international exposure, leadership development and progressively larger responsibilities, ensuring continuity, institutional resilience and long-term sustainability.

As Sri Lanka continues its economic recovery amidst evolving global uncertainties, CDB enters FY2026/27 from a position of strength. With a strong financial position, diversified funding base, improving asset quality, scalable digital operating model, robust sustainability framework and AI-led transformation agenda, the Company remains confident continuing to create sustainable value for all stakeholders.

11.06.2026

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Design Square Academy Launches Apprenticeship-Driven Training Model to Shape Sri Lanka’s Next Generation of Interior Designers

Design Square Academy officially launched its operations at a prestigious event held at the Ramada Hotel, Katunayake, introducing a new approach to interior design education that prioritizes practical industry exposure, mentorship, and real-world project experience.
The launch brought together industry leaders, academic partners, media representatives, and aspiring designers to witness the unveiling of an educational model designed to address one of the industry's most pressing challenges—the gap between classroom learning and professional practice.
Established as the dedicated training arm of Design Square (Pvt) Ltd, a leading provider of interior solutions with more than a decade of experience in delivering corporate, residential, and commercial projects, the Academy aims to develop highly skilled, industry-ready interior design professionals through immersive, apprenticeship-based learning.
Unlike conventional academic programmes that focus heavily on theory, Design Square Academy places students directly within live project environments, enabling them to gain first-hand experience across the entire interior design and fit-out process. From flooring systems and ceiling installations to space planning, finishes, project coordination, and execution, students are exposed to the practical realities of the profession from the outset.
The Academy's training philosophy is rooted in the belief that meaningful learning occurs through direct engagement with projects, clients, materials, and construction environments. By combining structured instruction with on-site exposure, the programme seeks to cultivate both creative thinking and technical competence.
“Design Square Academy was established to extend the knowledge and expertise we have built over the years at Design Square (Pvt) Ltd. We identified a clear gap between academic learning and industry requirements, and our objective is to bridge that gap through hands-on, immersive training. This initiative is focused on developing the next generation of interior designers with the right balance of creativity, technical capability, and real-world experience,” said Dilshan Perera, Director of Design Square Academy.
The Academy's educational model is built around three key pillars:
Comprehensive Practical Exposure – Students gain experience throughout the full lifecycle of residential, commercial, and corporate interior projects, allowing them to understand both design and execution.
Industry-Led Mentorship – Training is delivered under the guidance of experienced professionals and practitioners actively involved in the interior design and construction sectors.
Career Readiness – The curriculum is designed to equip graduates with the practical knowledge, technical skills, and professional confidence required to contribute effectively from the first day of employment.
With Sri Lanka's real estate, construction, and interior design sectors continuing to evolve, the demand for qualified professionals with practical expertise is increasing. Design Square Academy seeks to meet this demand by creating a talent pipeline that aligns education with industry expectations.
Backed by the reputation, operational expertise, and project portfolio of Design Square (Pvt) Ltd, the Academy is positioned to become a leading institution for practical interior design education in Sri Lanka, fostering a new generation of professionals capable of delivering innovative and high-quality interior environments.
For information regarding admissions, programme details, and upcoming intakes, interested applicants may contact Design Square Academy.

11.06.2026

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Sumathi IT becomes Sri Lanka’s only HPE Gold Networking Partner

Sumathi Information Technologies (Pvt) Ltd (SIT), the technology arm and a subsidiary of Sumathi Holdings, has been named Sri Lanka’s only Gold Partner for networking by Hewlett Packard Enterprise (HPE) for 2026, as enterprises face increasing pressure to modernise networks while maintaining uptime, security, and cost discipline. The recognition reinforces SIT’s position as a leading enterprise IT system integrator in Sri Lanka, supporting organisations navigating complex infrastructure decisions in a constrained operating environment.
This comes as reliable and secure network infrastructure is increasingly critical to business continuity across key sectors, including banking, telecommunications, and government. HPE’s Gold Partner status is awarded based on stringent criteria, including certified engineering capability, delivery standards, and commercial performance, offering enterprises greater assurance in vendor selection and execution.
For organisations where downtime, security exposure, and integration complexity carry direct financial implications, the presence of a locally established Gold-tier partner provides practical advantages. These include stronger access to global expertise, more structured implementation, and closer alignment between technology deployment and business outcomes.
The partnership is further strengthened by the breadth of HPE’s networking portfolio, spanning Aruba, HP Networking, and Juniper Networks. This enables SIT to support enterprises in designing integrated network architectures across campus, data centre, and high-performance environments, addressing the growing need for scalable and future-ready infrastructure.
Commenting on the milestone, S. Sivasankar, Chief Technology Officer of Sumathi IT, said, “This recognition reflects the depth of capability we have built over time and our continued focus on delivering consistent outcomes for our customers. As organisations place greater emphasis on reliability and long-term value, our role is to support them with solutions that are both robust and adaptable.”
With over two decades of experience and a client base spanning more than 500 organisations across banking, government, and telecommunications, SIT continues to support Sri Lanka’s enterprise sector in strengthening its digital backbone, combining global partnerships with local expertise.

11.06.2026

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NDB Wealth Celebrates Excellence at Annual Sales Excellence Awards Night 2025

By Vipula Amarasinghe

NDB Wealth Management Limited, Sri Lanka's leading asset management company, recently hosted its Annual Sales Excellence Awards Night 2025, at Cinnamon Life Colombo, bringing together its leadership, sales teams, strategic partners, and distinguished guests to celebrate outstanding achievements and recognize exceptional performance sales, largest in the industry.
The event served as a tribute to the dedication, professionalism, and unwavering commitment demonstrated by the relationship managers throughout the year. It was also an opportunity to reflect on the organization's remarkable growth journey and reaffirm its commitment to delivering superior wealth management solutions to investors across Sri Lanka.
The evening commenced with a welcome address by Chief Operating Officer, Priyal Mendis, who warmly welcomed the gathering, including valued partner AIA Insurance Lanka Limited, the leadership of NDB Wealth and the NDB Capital Group, and most importantly, the NDB Wealth team whose efforts continue to drive the organization's success. He highlighted that the awards night was a celebration of performance, commitment, and contribution, while emphasizing that excellence is never accidental and that the best is yet to come for NDB Wealth and its people.
The keynote address was delivered by Chief Executive Officer, Ruwan Perera, who reflected on NDB Wealth's remarkable transformation from humble beginnings into the leading asset management company in Sri Lanka. He paid tribute to the many individuals whose dedication, sacrifices, and commitment helped build the organization over the years. Speaking on the future of wealth management, he noted that market dynamics continue to evolve rapidly, making it essential for wealth managers to understand the changing needs of investors and consistently do what is right for customers. He commended the award winners for exemplifying these values through their exceptional contributions and customer centric approach. A highlight of the evening was the recognition of outstanding performers across multiple categories.

The event also highlighted the strong and enduring partnership between NDB Wealth and AIA Insurance Lanka Limited, whose continued collaboration has contributed significantly to expanding customer solutions and creating greater value for investors.
Concluding the evening, Head of Sales, Nadun Pathirana, expressed his gratitude to all attendees, partners, leadership teams, nominees, and award winners for making the event a memorable success. He acknowledged the invaluable contribution of the sales force, whose commitment and passion continue to drive the growth of NDB Wealth, while also recognizing the teams who worked tirelessly behind the scenes to organize the event. He encouraged everyone to celebrate the achievements of the year while looking ahead with renewed ambition and commitment to excellence.
As NDB Wealth continues to strengthen its position as Sri Lanka's leading asset management company, the Annual Sales Excellence Awards serve as a reminder that sustained success is built on trust, customer focus, innovation, and the dedication of exceptional people. The organization remains committed to empowering investors, delivering outstanding service, and setting new benchmarks of excellence in the wealth management industry.
NDB Wealth Management Limited is a subsidiary of NDB Capital Holdings, one of Sri Lanka's fastest-growing financial services conglomerates, with a strategic mission to lead the nation's financial services sector. Since its inception, the Group, comprising NDB Wealth, NDB Investment Bank, NDB Securities, and NDB Zephyr Partners Limited has been a catalyst in Sri Lanka's economic development, empowering entrepreneurs, corporates, and individuals across all strata of society. Clients of each Group company benefit from the full breadth of products and services offered across its affiliates.

11.06.2026

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CMTA warns of further Rs. 40 billion revenue leakage in 2026, calls for urgent removal of 15% depreciation

By Vipula Amarasinghe

Mr. Andrew Perera, Chairman, Ceylon Motor Traders Association and Mr. Lakmal de Silva, Senior Vice Chairman, Ceylon Motor Traders Association.

The Ceylon Motor Traders’ Association (CMTA), the senior-most automotive association in Sri Lanka affiliated with the Ceylon Chamber of Commerce, has issued an urgent appeal to the government to abolish the 15% depreciation currently granted on used vehicle imports, warning that the concession is causing massive revenue leakages at a time when the country can least afford them.

The Association estimates that the existing depreciation mechanism resulted in approximately Rs. 40 billion in lost government revenue in 2025 alone. If corrective action is not taken immediately, a similar level of revenue leakage could occur in 2026, further impacting the government's fiscal position and depriving the country of much-needed funds for national development and public services.

The Association notes that loopholes within the existing system have created opportunities for misuse, resulting not only in unfair advantages for certain importers but also in substantial losses to government revenue. Addressing these abuses, alongside the removal of the 15% depreciation concession, is essential to ensuring greater transparency, strengthening regulatory oversight, and protecting the integrity of Sri Lanka's vehicle import sector.

While no official announcement has yet been made regarding the removal of the 15% depreciation, the CMTA has consistently highlighted the issue through multiple budget proposals submitted via the Ceylon Chamber of Commerce. The Association has repeatedly maintained that there is no viable justification for the continued application of this concession on used vehicle imports.

Currently, used vehicles receive a 15% depreciation on their Cost, Insurance and Freight (CIF) value for duty calculation purposes. However, the vast majority of vehicles entering the country through the used vehicle market are virtually zero-mileage units, with CIF values that are often comparable to those of brand-new vehicles. In such circumstances, the CMTA argues that granting a blanket 15% depreciation creates an unfair and unjustifiable tax advantage while significantly reducing government revenue collections.

The Association acknowledges that if the objective through this concession is making vehicles more affordable for consumers, then the CMTA stresses that affordability cannot be achieved through arbitrary concessions that create market distortions and substantial losses to the Treasury. If the intention is to reduce vehicle prices, similar policy considerations could be extended to brand-new vehicles rather than selectively benefiting one segment of the market.

Consumers who purchase brand-new vehicles benefit from manufacturer warranties, which help mitigate maintenance and repair costs during the warranty period. As a result, vehicle owners are less likely to incur additional expenses associated with importing replacement parts, providing greater long-term value, reliability, and peace of mind.

The CMTA further notes that as far back as 2013, a structured depreciation framework was implemented based on the age of a vehicle, rather than a flat-rate concession. Under this proposal, depreciation would be calculated according to a defined scale and capped at a maximum of 10%, ensuring greater fairness, transparency and alignment with the actual value of the vehicle.

The Association stated that the continued application of a blanket 15% depreciation is resulting in significant and unnecessary revenue leakages for the government. At a time when every rupee of revenue is critical to the country's economic progress, this issue requires immediate attention and decisive action.

The CMTA therefore strongly urges the relevant authorities to take swift action to abolish the current 15% depreciation concession and close this avenue of revenue leakage without delay. The Association emphasises that every month of inaction increases the risk of further losses to the state and undermines efforts to strengthen public finances.

Should the government determine that some form of concession should continue to be extended to the used vehicle market, the CMTA maintains that it must be implemented through a structured and transparent framework based on vehicle age and capped at a reasonable level. Such an approach would ensure fairness while safeguarding government revenue and maintaining a level playing field across the automotive industry.

11.06.2025

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DFCC Bank Introduces Employee Banking Proposition Empowering Financial Wellbeing Across Organisations

By Vipula Amarasinghe

DFCC Bank PLC has introduced the DFCC Employee Banking Proposition, a partnership-led workplace banking solution designed to simplify how organisations manage employee banking while expanding access to financial benefits and digital convenience for employees and their families.
The proposition is designed to reduce the operational burden placed on HR and Finance teams by streamlining payroll-linked banking administration and improving the management of employee-related financial processes through better integration with existing organisational systems.
At the same time, the proposition reflects a broader shift taking place across workplaces, where financial wellbeing is increasingly becoming part of the employee experience. Organisations are looking beyond salaries and traditional benefits towards more practical forms of support that improve everyday life and strengthen employee engagement.
It is against this backdrop that DFCC Bank has positioned the Employee Banking Proposition not as a conventional payroll offering, but as a more integrated workplace banking ecosystem.
Employees enrolled under the programme gain access to a range of preferential banking products, including savings accounts, home loans, personal loans, and credit cards offered on terms exclusive to employees of partner organisations.
Commenting on the launch, Asitha Pinnaduwa, Vice President / Head of Products and Propositions, Retail & Business Banking at DFCC Bank, said, “The expectations employees have from workplaces are evolving, and financial wellbeing is becoming an increasingly important part of that conversation. The DFCC Employee Banking Proposition was developed to create practical value for both organisations and employees by combining financial access, digital convenience, and administrative simplicity within one integrated model.”
The proposition also extends beyond the employee. Selected benefits are structured to support wider family needs, including products linked to children’s savings and financial support for parents, reflecting the broader realities of household financial planning.
In addition to banking products, employees receive access to lifestyle privileges, merchant offers, and DFCC Bank’s digital banking platforms, enabling greater convenience and day-to-day financial accessibility.
The proposition was officially launched internally at DFCC Bank’s Head Office with the participation of the Bank’s senior leadership team, reflecting DFCC Bank’s continued focus on building more customer-centric and relevant banking propositions aligned with evolving workplace and employee needs.

10.06.2025

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Assetline Insurance Brokers partners with Asia Asset Finance to strengthen integrated insurance solutions

By Vipula Amaeasinghe

Mr. Rohana Dissanayake, Group Chairman & Managing Director of the David Pieris Group of Companies, and Mr. Roshan Gunasekara, Director & Chief Operating Officer of Asia Asset Finance PLC, exchanging the partnership agreement. Also present at the occasion were Mr. Dhanika De Silva, Chairman of Assetline Insurance Brokers (Private) Limited; Mr. Nihal Handunge, Managing Director/CEO/Principal Officer; Mr. Mahesh De Alwis, Director (Sales); Mr. Anuradha Hettige, Chief Operating Officer; Mr. Jayantha Weerappulige, General Manager – Product Operations of Asia Asset Finance PLC; Mr. Sajith Athapaththu, General Manager – Branch Operations; Mr. Ayantha Sampath, Assistant General Manager – Leasing Marketing; and Mr. Priyantha Wijesinghe, Chief Manager – Leasing Operations.

Assetline Insurance Brokers partners with Asia Asset Finance to strengthen integrated insurance solutions

Assetline Insurance Brokers (Private) Limited (AIBL), a subsidiary of the David Pieris Group of Companies and one of Sri Lanka’s leading insurance brokerage firms, has entered into a strategic partnership with Asia Asset Finance PLC (AAF), reinforcing both organisations’ commitment to delivering enhanced financial and insurance solutions to customers across the country.
The partnership marks a significant step toward strengthening integrated service delivery by combining AAF’s extensive financial services reach with AIBL’s specialised insurance expertise. Through this collaboration, customers of Asia Asset Finance will gain seamless access to comprehensive insurance solutions designed to complement their financial requirements.
Under the agreement, Assetline Insurance Brokers will provide end-to-end insurance services to AAF customers, including policy placement, insurance advisory, claims assistance, and customised risk management solutions. The collaboration is expected to simplify insurance access, improve service efficiency, and ensure customers benefit from competitive coverage supported by professional expertise and strong insurer partnerships.
Commenting on the partnership, the management of AIBL stated that the collaboration aligns with the company’s broader strategic vision of expanding its presence within Sri Lanka’s financial services ecosystem while delivering customer-focused insurance solutions backed by technical expertise, trusted insurer relationships, and superior service standards.
Asia Asset Finance PLC, one of Sri Lanka’s prominent and fast-growing finance companies, continues to strengthen its market footprint through strategic expansion and customer-focused innovation. With an islandwide network of 115 branches currently in operation and plans to establish an additional 10 branches within the first quarter, AAF remains committed to expanding access to trusted financial solutions across both urban and emerging regional markets.
As part of its broader customer value proposition, AAF continues to enhance its leasing portfolio by integrating value-added services that improve customer convenience and accessibility. Through its partnership with Assetline Insurance Brokers, customers obtaining leasing facilities will benefit from streamlined access to insurance services, creating a more seamless and efficient customer journey. This initiative supports AAF’s continued focus on delivering integrated financial solutions, operational convenience, and greater value to customers.
The partnership reflects a shared commitment by both organisations to innovation, operational excellence, and customer-centric service delivery. By leveraging their respective strengths, Assetline Insurance Brokers and Asia Asset Finance aim to create long-term value for customers while setting new benchmarks in integrated financial and insurance services in Sri Lanka.

10.06.2025

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Indo-Lanka Chamber Hosts Dialogue on Sri Lanka’s Investment Future

Dr Satyanjal Pandey addressing the audience

The Indo-Lanka Chamber of Commerce & Industry (ILCCI), affiliated to The Ceylon Chamber of Commerce, hosted an interactive session on Sri Lanka’s Investment Future: Policy, Opportunity & Growth at Jetwing Colombo Seven. The session was attended by Dr. Satyanjal Pandey as Chief Guest, while Aritha Wickramasinghe delivered the keynote address in his capacity as Chief of Staff to the Office of the Presidential Special Envoy on Foreign Investment, Hanif Yusoof. 
ILCCI President M. Raghuraman, in his remarks, expressed appreciation to Dr. Pandey for his service during his tenure in Sri Lanka and underscored the timeliness and importance of the session topic in the context of the current global economic and geopolitical climate.
Addressing the gathering, Dr. Pandey observed that in a period marked by geopolitical and economic turbulence - reliability, trustworthiness, and secure supply chains have become increasingly important. He also highlighted the strong and growing economic partnership between India and Sri Lanka, noting several significant Indian investments in Sri Lanka, including those by ITC Limited and CEAT Limited, while indicating that further investments are expected in the future.
As a representative of the state, Aritha Wickramasinghe stated that it is the responsibility of the government to ensure that, even amid global turbulence, Sri Lanka remains stable in its policy direction, credible in its economic management, and consistent in its engagement with investors. He also emphasised the opportunities available to the Sri Lankan economy through deeper engagement with India’s fast-growing economy, noting that while India and Sri Lanka are neighbours, the relationship is regarded as one of family rather than mere proximity.
The session which included a highly engaging and interactive Q&A session with the audience, concluded with a productive exchange of views between the distinguished guests, speakers and participants, reaffirming the importance of continued dialogue and collaboration in strengthening investment and economic ties between Sri Lanka and India.

10.06.2025

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Home Lands Set to Unveil ‘Central Park Boulevard Port City Colombo’ at the Largest Ever Real Estate Launch in Sri Lanka

By Vipula Amarasinghe

The Media Announcement was held by Home Lands for the Grand Launch of Central Park Boulevard Port City Colombo at Cumulus Ballroom, Cinnamon Life at City of Dreams Mr. Mario Offen - Deputy Director Sales and Marketing Ms. Ashinsanie Weerasinghe - Head of Business Development and Marketing Mr. Nalin Herath - Chairman and Managing Director
Ms. Amaya Herath - Executive Director Mr. Rishad Mansoor - Deputy Director Marketing Ms. Lanka Jayasinghe - Director Operations and Administration are also in the picture.

Bollywood Stars and Distinguished Guests to Celebrate the Unveiling of Central Park Boulevard Port City Colombo

Home Lands is set to make history with Sri Lanka’s largest-ever real estate launch, unveiling Central Park Boulevard Port City Colombo, The Indian Ocean’s Next Wonder. The launch, titled “The Grand Launch Weekend,” will comprise a series of events taking place from 12th to 14th June 2026 at the Lumina Ballroom, Cinnamon Life at City of Dreams.
The Grand Launch Weekend will commence with “The Night of Emeralds” on Friday, 12th June 2026, marking the official launch of Central Park Boulevard Port City Colombo. The glamorous opening night is expected to bring together an exclusive gathering of distinguished business leaders, celebrities, social influencers, and prominent personalities from Sri Lanka and overseas, alongside celebrated Bollywood stars. The weekend will continue with a carefully curated series of elevated experiences, including The Boulevard Brunch, The Boulevard High Tea, and The Boulevard Sundowner on Saturday, 13th June, followed by The Boulevard Evening on Sunday, 14th June. These exclusive experiences will provide visitors with the opportunity to explore the project in greater detail and engage with the Home Lands team in a sophisticated and immersive setting. Reflecting the scale, prestige, and significance of the development, the launch has been designed as more than an unveiling, but a landmark occasion befitting the most ambitious and anticipated real estate development in Sri Lanka.
This is the first time in Sri Lanka, a high-rise development project is inspired by an ultra-luxury international lifestyle brand, introducing a new benchmark in luxury living. Central Park Boulevard Port City Colombo features world-class amenities and premium value additions. Located in the Central Park District, this twin-tower development rises 37 levels and is poised to become one of Port City Colombo’s most iconic landmarks. Overlooking and seamlessly merging with nearly 40 acres of lush green parkland and a scenic waterway, while offering uninterrupted views of the Indian Ocean and spectacular sunsets, its sleek architecture blends seamlessly with the curated landscape of the Central Park, creating a tranquil oasis within a futuristic city. Central Park Boulevard Port City Colombo presents an exceptional collection of over 640 units, thoughtfully designed to suit a diverse range of modern lifestyles.
Beyond its lifestyle appeal, Central Park Boulevard offers exceptional investment potential. This iconic twin-tower development is expected to attract large inflows of foreign currency into the country, with the total project value estimated at over US$ 300 million. The project investment of US$ 150 million, by Home Lands, marks the largest real estate investment by a single Sri Lankan developer. Reflecting the strong confidence investors have already placed in the project, an exceptional 50% of units have already been sold ahead of the official launch, underscoring robust market demand and the development's compelling investment proposition.
Ahead of the Grand Launch Weekend, Home Lands has appointed world-renowned cricket legend Mahela Jayawardene as Brand Ambassador, reflecting a shared legacy of trust, excellence, and international recognition.
Following the launch weekend, Home Lands will officially open the Central Park Boulevard Port City Colombo Sales Gallery on Monday, 15th June 2026.  The Sales Gallery will provide an immersive introduction to the development’s vision, design, investment potential, and lifestyle offering, allowing visitors to experience firsthand the future of luxury living at Port City Colombo.

10.06.2025

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