Business News

Empire Teas hosts global partners for 25th anniversary celebrations

Empire Teas Pvt. Ltd. invited its international partners to Sri Lanka for a series of events, including visits to tea production facilities and cultural landmarks, in celebration of its 25th anniversary.

Hayleys Energynet Powers Critical Infrastructure for a Leading FMCG with Sri Lankas First 300 kVA Riello UPS

Setting a new benchmark in industrial power resilience, Hayleys Energynet, a subsidiary of Hayleys Fentons Limited, has successfully deployed Riello’s first 300 kVA UPS system in Sri Lanka.

Shangri La Reaffirms Its Commitment to Sri Lankas Wildlife with the Adoption of Baby Elephant El la

Shangri-La Colombo and Shangri-La Hambantota have reaffirmed their long-standing commitment to sustainability, biodiversity, and meaningful local partnerships through the adoption of a baby elephant—affectionately named El-la (‘El’ for elephant + ‘La’ for Shangri-La)—in collaboration with the Elephant Transit Home (ETH) in Udawalawe, Sri Lanka.

AVATR XPeng IM Motors and RIDDARA Arrive in Sri Lanka to Challenge European Giants

Evolution Auto (Pvt) Ltd, Sri Lanka’s leading electric vehicle company with the largest range of EVs, has officially launched a fleet of globally acclaimed premium smart electric vehicle (EV) brands—AVATR, IM Motors, XPeng, and RIDDARA—marking a bold new chapter in the country’s luxury automotive landscape.

Sri Lankas first ever National AI Expo Conference to drive transformation towards an AI powered future

Sri Lanka pioneers a new era with the launch of the inaugural National AI Expo & Conference, scheduled for September 29-30, 2025, setting the stage for a transformative shift in the nation's digital evolution.

FACETS Sri Lanka 2026 Marks a Bold New Era at Cinnamon Life

FACETS 2026 Sri Lanka, the nation’s most prestigious gem and jewellery exhibition, proudly announces its 32nd edition with a dynamic new direction.

First Capital Holdings PLC Profit after Tax

First Capital Holdings PLC (the Group), a subsidiary of JXG (Janashakthi Group) and a pioneering full-service investment institution, announced its financial results for the first quarter ended 30 June 2025, reporting a Profit after Tax (PAT) of Rs. 2.15Bn, a substantial increase from Rs. 582Mn recorded in the corresponding period of the previous year.

Sarvodaya Development Finance Brings First Ever ATM to Thalawakale Empowering Tea Estate Communities Through Financial Inclusion

In a landmark initiative underscoring its commitment to financial inclusion and rural empowerment, Sarvodaya Development Finance PLC (SDF) has installed the first Automated Teller Machine (ATM) at the Tea Research Institute (TRI) in Thalawakale, bringing formal banking services to over 5,000 tea estate families in the region for the first time.

Diva revolutionizes laundry care with all new Diva Power Pods Delivering 3 jobs with 1 pod

Diva, one of Sri Lanka’s most trusted laundry care brands under Hemas Consumer Brands (HCB), has unveiled Diva Power Pods—a bold leap forward in modernizing laundry care in Sri Lanka.

Dipped Products Wins Overall Gold Award at NBEA 2025

Dipped Products PLC (DPL), a member of the Hayleys Group and a global leader in hand protection solutions spanning medical, household, industrial and sports sectors, was honoured with the Overall Gold Award at the National Business Excellence Awards (NBEA) 2025.