Business News

Kanoo Prudential Shipping A Strategic Joint Venture Elevating Maritime Excellence in Sri Lanka

Kanoo Shipping, one of the oldest and most trusted maritime brands in the Middle East for the last 115 years, and Prudential Shipping, a leading Sri Lankan shipping agency with over 28 years of industry expertise, have joined forces to form Kanoo Prudential Shipping, a strategic joint venture set to revolutionize regional shipping services in Sri Lanka and beyond.

IQ Global and CLASS Unveil Regions First GeoStrategy Business Design Programme

As geopolitical upheavals increasingly shape business outcomes, IQ Global has partnered with the Centre for Law & Security Studies (CLASS) to launch the region's first "GeoStrategy × Business Design" programme, an initiative that aims to redefine how senior leaders prepare for a world where disruption has become the norm.

Art of Italian Coffee in Sri Lanka La Dolce Tazza Celebrates a Landmark Success

Colombo recently witnessed a refined celebration of Italian coffee culture with the successful conclusion of La Dolce Tazza – The Art of Italian Coffee, an exclusive masterclass presented through a prestigious collaboration between the Embassy of Italy in Sri Lanka and Colombo Coffee Company.

NOLIMIT Expands to the North with Grand Opening of 28th Store in Jaffna

NOLIMIT, Sri Lanka’s leading Fashion Retail Brand, is proud to announce the grand opening of its 28th store in the heart of Jaffna, a city celebrated for its distinct Northern identity, deep-rooted traditions, and a culture shaped by heritage, learning, and close-knit community life.

First Capital Asset Management Limited Appoints Kavin Karunamoorthy to the Board of Directors

First Capital Asset Management Limited, a subsidiary of First Capital Holdings PLC, is pleased to announce the appointment of Kavin Karunamoorthy as a Non-Independent Executive Director to the Company’s Board of Directors, with effect from December 2025.

Hatch Fund formally announces USD 650000 investment in Cultive8

Hatch Fund Singapore has announced the completion of its first investment, backing Cultive8, a fast-growing agri-technology startup with Sri Lankan roots and a rapidly expanding regional footprint.

Asia Siyaka Warehouse ZeroCarbon certified tea logistics

Asia Siyaka Warehousing (Pvt) Ltd., the largest auction logistics provider in Sri Lanka’s tea sector, has achieved a historic global benchmark in sustainability, becoming the world’s first and only ZeroCarbon® certified company in tea auction logistics.

NDB Bank Contributes to the Rebuild Sri Lanka Fund Strengthening Hope and Resilience

National Development Bank PLC (NDB Bank) reaffirmed its commitment to national recovery and long-term resilience by extending its support to the Rebuild Sri Lanka Fund, a national initiative established to strengthen recovery efforts and support the rebuilding of communities affected by recent challenges faced by the country.

ComBank supports Sri Lankas DMC to strengthen countrys disaster readiness

Under its ‘Rebuild Together’ initiative, a national effort launched following Cyclone Ditwah to aid recovery and reduce future disaster risks, the Commercial Bank of Ceylon has stepped forward to strengthen the country’s disaster preparedness and risk management capabilities by funding the complete revamp of the RiskInfo Spatial Data Portal managed by the Disaster Management Centre (DMC).

Sri Lanka Insurance Corporation General Limited inaugurates business operations for 2026

Sri Lanka Insurance Life Ltd and Sri Lanka Insurance General Ltd inaugurated their business operations for the year 2026 on 1st January at the Sri Lanka Insurance Head Office.