Thirteen apparel companies recently signed a voluntary pledge in Colombo committing to advance disability inclusion in the workplace, marking a milestone for Inclusive Threads of Better Work Sri Lanka, a joint initiative of the International Labour Organization (ILO), the International Finance Corporation (IFC), and, supported by the Australian Government’s Department of Foreign Affairs and Trade….
The Food and Agriculture Organization of the United Nations (FAO), in partnership with the Ministry of Education, Higher Education and Vocational Education and Hatton National Bank (HNB), launched the World Food Day 2026 Youth Innovation Challenge, a nationwide competition that invites university students to develop innovative solutions to address some of Sri Lanka’s most pressing…
For nearly two decades, Orion City has been committed to creating more than just office spaces—we have built a thriving business community where organisations can innovate, collaborate, and grow. Today, Orion City proudly announces the launch of Orion Tower II, one of the most ambitious commercial office developments to date. Construction on Orion Tower II…
The National Chamber of Exporters of Sri Lanka (NCE) is stepping up international engagement through the Chamber’s growing network of Memoranda of Understanding (MoUs) with foreign chambers of commerce and trade organisations, creating more opportunities for Sri Lankan exporters to access overseas markets, build business partnerships and participate in international trade initiatives. The NCE has…
Pullman, the Accor brand built around exchange, makes its debut in Sri Lanka with the opening of Pullman Colombo City Centre and Pullman Bentota Resort & Spa. The dual opening marks a significant milestone for Accor in South Asia, bringing Pullman’s signature blend of purposeful design, vibrant social spaces, distinctive dining and wellbeing experiences to…
Revenue increased 34% YoY to LKR 3.04 billion Bangladeshi revenue increased by 33% in BDT terms while Maldives revenue grew 6 folds PAT remained broadly unchanged at 150 million Mirotone re-entered the Australian market Volt Charge maintained its position as Sri Lanka’s largest EV charger manufacturer and network operator JAT Holdings PLC recorded Group revenue…
Group PAT surged 54.4% to LKR 6.6 billion in H1 2026 SLT PLC’s half-year Profit After Tax soared 74.9% Mobitel revenue increased 12.9%, PAT climbing 62% with strong performance of broadband services Q2‘26 Group PAT accelerates 55.3%, Mobitel 60.6%, SLT PLC 97.2% compared to Q2’25 The SLT Group reported a powerful first half for 2026,…
The Sri Lankan property market could enter its next major growth phase following the government’s approval to commence the procurement process for the first phase of the Ruwanpura Expressway Project. Phase 1 of the project, which will connect Kahathuduwa to Ingiriya and will include the construction of a new bridge interchange at Kahathuduwa, is expected…
Aitken Spence PLC, with a portfolio spanning diverse industries and geographies, began the financial year 2026/27 with strong earnings momentum, recording a 74% increase in Group Profit Before Tax (PBT) to Rs. 1.7 billion for the quarter ended June 30, 2026. Profit After Tax (PAT) increased by 158% to Rs. 1.0 billion, while Group EBITDA…
The Land Valuation Indicator (LVI) compiled for Colombo District increased by 5.9 per cent at a moderate pace during the first half of 2026, compared to the corresponding period of 2025. All three sub indicators of the LVI recorded moderate year-on-year increases during the period, with Residential LVI increasing by 6.7 per cent, followed by…
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