Business News

Tea Avenue expands to India with plans for 200 global outlets by 2035

Tea Avenue, Sri Lanka’s flagship tea café brand with a heritage spanning four generations, today announced its official entry into the Indian market through a strategic partnership with FranGlobal, the international arm of Franchise India Group.

Sampath Bank Achieves 11th Win as Sri Lankas Best Retail and Best Commercial Bank

Sampath Bank has once again been recognised as Sri Lanka’s Best Retail Bank and Best Commercial Bank by the UK-based World Finance magazine at the World Finance Banking Awards 2025.

Joint Apparel Association Forum

The Joint Apparel Association Forum (JAAF) today warmly welcomed the UK Government’s announcement of liberalised rules of origin under the Developing Countries Trading Scheme (DCTS), which will come into effect in early 2026.

SLT Group delivers strong 1H 2025 performance with substantial profit growth

The SLT Group reported strong financial performance for the second quarter and first half of 2025, demonstrating continued momentum through significant improvements in profitability and cost management strategies.

India Fest 2025

Colombo, August 18, 2025, Havelock City Mall, in collaboration with the Swami Vivekananda Indian Cultural Centre and the High Commission of India in Colombo, successfully concluded India Fest 2025, a three-day cultural celebration held from August 15th to 17th in honour of India’s Independence Day.

Hameedia launches The Wedding Chapter celebrating a legacy of style and celebration across three generations

17th August 2025, Colombo; Sri Lanka’s leading menswear brand Hameedia has launched The Wedding Chapter by Hameedia, a heartfelt celebration of family, tradition, and timeless style.

Tokyo Cement off to an Optimistic Start to FY25 26 with Q1 Earnings

Quarterly Financial Review

Ceylinco Life treats premium clients to exclusive Kandy Perahera experience

The magic and pageantry of the Kandy Esala Perahera came alive for 120 special guests of Ceylinco Life recently, when the Company’s Customer Relations Division hosted its ninth consecutive annual Perahera viewing event at the Ceylinco Life Kandy Branch at No. 65, Kings Street, coinciding with the second Randoli Perahera.

Seylan Bank and University of Peradeniya Empowers Teenagers with Financial Literacy

Seylan Bank, the Bank with a Heart, has partnered with the University of Peradeniya as the Official Banking Partner for a nationwide series of workshops aimed at introducing G.C.E. O/L and A/L students to higher education opportunities, career pathways, and enhancing their financial literacy.

CEAT extends premium S I S retail experience to Kelaniya and Horana

Sri Lanka’s top tyre brand CEAT has extended its premium retail experience to Kelaniya and Horana, with the opening of new-concept Shop-in-Shop (SIS) outlets in these bustling towns.