Business News

Mazagon Dock Shipbuilders Secures controlling stake in Colombo Dockyard PLC with strategic guidance from Celao Capital Pvt Ltd

Celao Capital Pvt Ltd, a Member of RNH Ventures, a boutique consulting and transaction advisory firm, is pleased to announce that it has successfully completed advising Mazagon Dock Shipbuilders Limited to acquire a controlling stake of Colombo Dockyard PLC.

5G A Powers All Scenario IoT to Enable Intelligent Connections for All

At the GSMA IoT Summit during Mobile World Congress (MWC) Shanghai 2025, Eric Zhao, Vice President and Chief Marketing Officer of Huawei Wireless Solution, delivered a keynote speech titled "5G-A Powers All-Scenario IoT, Turbocharging a New AIoT Era for All".

DIMO Powers Marina Square Colombo with State of the Art Low Voltage Electrical Solutions

DIMO, a leading diversified conglomerate in Sri Lanka, has successfully secured the order for design & supply of a comprehensive Low Voltage (LV) power distribution system for Marina Square – Colombo.

Crocodile among Sri Lankas Top 3 Most Loved Fashion Brands

Crocodile, a globally reputed premium fashion brand, has been honoured among the Top 3 Most Loved Fashion Brands, securing 2nd place in the LMD Brands Annual 2025.

CSE and SEC Showcase Value in Equity Investments at Bandarawela Investor Forum

The Securities and Exchange Commission of Sri Lanka (SEC), in collaboration with the Colombo Stock Exchange (CSE), recently hosted an Investor Forum at the Hotel Kanmark, Bandarawela.

Dr. Dexter Fernando was unanimously elected as the President of the JP Association of Sri Lanka

Dr. Dexter Fernando was unanimously elected as the 14th President of the Association of Justices of the Peace of Sri Lanka at the 29th Annual General Meeting held on 22nd June 2025 at Hector Kobbekaduwa Agrarian Research & Training Institute, 114, Wijerama Mawatha, Colombo 7.

DSI Samson Group Expands into Life Insurance Brokerage

Samson Insurance Brokers (Pvt) Ltd (SIB), a subsidiary of DSI Samson Group - in a strategic move that reflects the growing need for comprehensive risk management services in Sri Lanka’s corporate landscape, announced its expansion of its portfolio to include life insurance brokering.

Coca Cola Beverages Sri Lanka Enters into a New Partnership with Neptune Recyclers for New PET Plastic Recycling Initiative

In a landmark move to further strengthen the environmental sustainability in the country, Coca-Cola Beverages Sri Lanka (CCBSL) has partnered with Neptune Recyclers to launch a new plastic recycling initiative under “Give Back Life”, a local program for PET collection and recycling in Sri Lanka.

Kaspersky

Kaspersky, a global cybersecurity and digital privacy company, has revealed important insights into the origins of online threats affecting users worldwide, including those in Sri Lanka.

Enfection Launches Sri Lankas First Interactive AI Avatar for Annual Reports

Enfection Private Limited, a martech innovator, has set a new benchmark in corporate communications with the launch of Sri Lanka’s first AI-powered interactive avatar agent for annual reports.