USD 8.5 Million Investment Creates 500 Jobs and Generates USD 50 Million Annual Revenue Shield Restraint Systems (Pvt) Ltd today officially opened its cutting-edge manufacturing facility at the Export Processing Zone, Wathupitiwala, Nittambuwa, marking a significant milestone in Sri Lanka’s industrial development and foreign investment landscape. The event was attended by senior executives from the…
Siam City Cement (Lanka) Limited (INSEE Lanka) has announced the appointment of Eng. Thusith C. Gunawarnasuriya as its new Chief Executive Officer, effective 01 January 2026. He succeeds Nandana Ekanayake, who will continue to serve as Chairman, ensuring leadership continuity and strategic stability for the organisation. A long-standing contributor to INSEE’s journey, Thusith has worked…
HNB’s recognition as Sri Lanka’s ‘Best Bank for 2025’ by The Banker magazine UK, alongside being named the ‘Strongest Bank in Sri Lanka’ by The Asian Banker (TAB), comes at a pivotal moment for the nation and its financial sector. These prestigious awards which evaluates global banks on financial strength, innovation, governance, and long-term strategic…
First Capital Asset Management Limited, a subsidiary of First Capital Holdings PLC, is pleased to announce the appointment of Kavin Karunamoorthy as a Non-Independent Executive Director to the Company’s Board of Directors, with effect from December 2025. Kavin currently serves as the Chief Executive Officer of First Capital Asset Management Limited, a position he has…
Women face Gender Based Violence and Harassment (GBVH), at Corporates and in Entrepreneurial businesses. Women’s Chamber of Industry and Commerce (WCIC) has been actively working to create workplace environments that are free from Gender-Based Violence and Harassment (GBVH), enabling women to thrive and contribute meaningfully. Over the past few years, in collaboration with the Centre…
NOLIMIT, Sri Lanka’s leading Fashion Retail Brand, is proud to announce the grand opening of its 28th store in the heart of Jaffna, a city celebrated for its distinct Northern identity, deep-rooted traditions, and a culture shaped by heritage, learning, and close-knit community life. From its vibrant marketplaces and cuisine to its arts, crafts, and…
Hatch Fund Singapore has announced the completion of its first investment, backing Cultive8, a fast-growing agri-technology startup with Sri Lankan roots and a rapidly expanding regional footprint. Hatch is the centre of gravity for Sri Lanka’s startup and innovation ecosystem, combining co-working, incubation, mentorship, acceleration, partnerships and venture funding to startups. This milestone investment reflects…
Ideal Motors, Sri Lanka’s leading automotive sales and after‑sales service network, is continuing its islandwide service camp series dedicated to Mahindra vehicles. The initiative demonstrates the company’s commitment to delivering superior service and providing optimal performance for Mahindra customers throughout the island. The primary objective of the service camps is to enhance vehicle quality and…
Avenra Hotels has appointed Mr. Shohan Chandiram as its new Chief Executive Officer, further strengthening the group’s senior leadership as it continues to build on its established presence in Sri Lanka’s hospitality sector. The appointment reflects Avenra Hotels’ confidence in experienced executive leadership to steer the organisation forward with strategic oversight, sound governance and organisational…
Sunshine Holdings PLC has always believed that its people are the heart of its success. In its journey to create a high-trust, purpose-driven culture, it partnered with Great Place To Work®, ( GPTW) the global authority on workplace culture, to enhance the employee experience across its sectors. Through ongoing assessments, feedback, and values-driven initiatives, the…
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