Business News

SLPMA unveils compelling National Call to Produce Medicine in Sri Lanka as strategic priority

The Sri Lanka Pharmaceutical Manufacturers' Association (SLPMA), in a historic step, has issued a powerful national call to action urging all stakeholders to come together in a bold, unified effort to shape a future where Sri Lanka emerges as a trusted, high-quality, and export-driven pharmaceutical manufacturing hub.

Softlogic Life completes 100 acquisition of Allianz Life Insurance Lanka Limited

Softlogic Life Insurance PLC has successfully completed the acquisition of 100% of the shares of Allianz Life Insurance Lanka Limited (Life Business), following the receipt of regulatory approval from the Insurance Regulatory Commission of Sri Lanka (IRCSL).

DIMO Agribusinesses Elevates Farmers into Agripreneurs

DIMO Agribusinesses promotes data-driven farming and professional consultancy in agriculture to transform local farmers into agripreneurs, equipping them with the necessary entrepreneurial mindset and practical knowledge.

Immediate Government Action Urged as US Imposes 30 Tariff on Sri Lankan Rubber Exports

The Sri Lanka Association of Manufacturers and Exporters of Rubber Products (SLAMERP) has called on the Government to intensify negotiations with the United States following the announcement of a 30% reciprocal tariff on Sri Lankan rubber product imports, effective from 1 August.

Hettich Unveils its First State Of The Art Experience Centre in Sri Lanka Showcasing Magical Interior Solutions

Hettich, the global market leader for manufacturing furniture fittings, proudly inaugurated their first company-owned Experience Centre in Colombo.

Cinnamon Hotels Resorts Takes Sri Lankan Wildlife Heritage to the Global Stage with Inaugural Wildlife Festival in the UK

Cinnamon Hotels & Resorts, Sri Lanka's pioneering hospitality leader, in partnership with Cinnamon Nature Trails, the Wilderness and Wildlife Foundation, and the Sri Lanka High Commission in the UK, recently announced the launch of the inaugural Sri Lanka Wildlife Festival in London from 15-17 July 2025.

Valvoline Global Joins FIFA World Cup 2026 as Official Supporter

Valvoline™ Global, a worldwide leader in automotive and industrial solutions, has been announced as an Official FIFA World Cup 26™ Supporter ahead of the global extravaganza set to take place across Canada, Mexico and the United States next year.

Alumex PLC Achieves ASI Performance Standard Certification Marking a Milestone in Sustainable Aluminium Manufacturing

Alumex PLC, the country’s leading aluminium extrusion manufacturer, was bestowed with the prestigious Aluminium Stewardship Initiative (ASI) Performance Standard Certification, becoming the first in Sri Lanka to earn this globally recognised benchmark for sustainable aluminium production.

Fems expands national initiative partnering Red Cross United Communities and Ministries of Health and Education launching Api Katha Karamu Sri Lankas largest menstrual health and hygiene education program

Fems, one of Sri Lanka's leading feminine hygiene brands, has implemented an expansive menstrual health and hygiene education program, ‘Api Katha Karamu’ (Let’s Talk), covering all nine provinces across 180 schools and reaching over 180,000 students.

Technomedics adds three new members to the Board of Directors

Technomedics, a leader in healthcare technology in Sri Lanka, proudly announces the appointment of Meval Srilal, Chanaka Weerawardena and Rajeeva Wimalawickrama to its Board of Directors, effective from the 1st of April 2025.