Business News

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.

Lanka Rating Agency upgrades First Capital Holdings PLC to A

First Capital Holdings PLC, a subsidiary of JXG (Janashakthi Group) and a pioneering full-service investment institution, and Lanka Rating Agency Ltd (LRA), an independent credit rating authority of Sri Lanka, are pleased to announce the upgrade of the company’s long-term credit rating to ‘A+’ from ‘A’, with a Stable Outlook.

Toyota Lanka Hosts Regional Product Exposium 2025

Toyota Lanka (Pvt) Ltd., the authorized distributor of brand-new Toyota vehicles and a leading name in the automotive industry, successfully hosted the Toyota Regional Product Exposium 2025 at its Head Office in Wattala.

Serendib Flour Mills Uththama Dalada

Serendib Flour Mills thoughtfully organised the 'Uththama Dalada' project once again, for the fourth consecutive year, staying true to the commitment of 'Nourishing the Nation’ and bringing joy to the elderly through a distinct and memorable experience.