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Nissan Motor India adds an all-new 7-seater B-MPV to the Indian product portfolio complementing the future line-up already announced with the 2 C-SUVs (5 & 7-seater), the affordable EV, the New Nissan Magnite and the Nissan X-TRAIL The bold new 5-Seater C-SUV’s exterior design is inspired by the All-New Nissan Patrol, catering to the most…
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MegaPay (Pvt) Ltd., a leading name in Sri Lanka’s fintech space, continues to champion digital convenience through its flagship initiative – Pay&Go. With over 1,000 self-service payment kiosks island-wide, smart POS Terminals, and a user-friendly mobile payment app, Pay&Go has built a reputation for transforming how people pay their bills, making the process faster, easier,…
-Unprecedented streak at SLIM Kantar People’s Awards reinforces market leadership- INSEE Sanstha Cement has once again been crowned the ‘People’s Housing and Construction Brand of the Year 2025’ at the prestigious SLIM Kantar People’s Awards, ushering in an unprecedented 14th consecutive win. The outstanding achievement reinforces INSEE Sanstha’s position as Sri Lanka’s most trusted cement…
Dialog Enterprise, the corporate ICT solutions arm of Dialog Axiata, continues to lead the way in delivering enterprise-grade wireless connectivity, empowering businesses with high-performance networking solutions. As a pioneer in Business Connectivity, Dialog Enterprise has deployed advanced wireless connectivity solutions across corporate offices, industrial factory floors, and leading hospitality venues, ensuring seamless connectivity tailored to…
NDB Wealth introduces Xapp, a seamless digital investment platform designed to remove barriers to investing and make wealth-building more accessible than ever. Many individuals hesitate to invest due to complexity, market uncertainty, and the traditionally cumbersome process of managing investments. Xapp is set to change this by offering an intuitive, user-friendly experience that makes investing…
The Commercial Bank of Ceylon won five Gold awards at the LankaPay Technnovation Awards 2025, emphatically underlining the Bank’s leadership in payment technology innovation in Sri Lanka. The Bank was presented the Overall Award for Excellence in Digital Payments (Banking Institutions) and Gold awards for ‘Best Common ATM Enabler of the Year,’ ‘Most Innovative Bank…
Sampath Bank proudly returns as the Title Sponsor of the Monthly Medal Golf Tournament at the Royal Colombo Golf Club (RCGC) for the second year, reinforcing its commitment to premium sporting experiences for Sri Lanka’s golfing community. The two-day tournament will take place on 4th and 5th April 2025, drawing over 300 golfers from across…
As a pioneering force in the healthcare and scientific instrumentation industry, Analytical Instruments (Pvt) Limited (AIPL) is committed to fostering a progressive, people-centric corporate environment. Recognizing that early detection and preventive care are essential to sustaining a high-performing workforce, AIPL implements initiatives that place employee well-being at the forefront. Reinforcing this ethos of corporate responsibility,…
50th Fadna Arunella Health Camp was successfully held recently at Sri Devram Maha Viharaya, Pannipitiya. Fadna Arunella Health Camp provided excellent service throughout the day, offering free health services, health screenings, and medical consultations to those in need, as well as a number of workshops. Fadna believes they are committed to ensuring that everyone has…
ROKY Holdings Pvt. Ltd., a leading provider of water treatment solutions, has installed a state-of-the-art water purification system at B / Heewelkandura Maha Vidyalaya in Uva-Mawelagama. This initiative was carried out in line with World Water Day, which falls on 22 March, reaffirming the company’s commitment to providing clean and safe drinking water to school…
BIMT Campus is proud to announce its recognition as the Gold Award winner in the SMEs Cluster category at the Best Management Practices Company Awards 2025, organized by the Institute of Chartered Professional Managers of Sri Lanka. The prestigious award was presented during the award ceremony held on March 21, 2025, at the Monarch Imperial…
Top News
The Ceylon Motor Traders’ Association (CMTA), established in 1919 and an affiliate of the Ceylon Chamber of Commerce, recently hosted the visiting delegation from the Society of Indian Automobile Manufacturers (SIAM) to an evening of insightful discussions and fellowship at the Union Ballroom at the Hilton Colombo Residencies. The event, which was attended by esteemed…
Fairway Holdings, a pioneering force in Sri Lanka’s real estate and diversified industries, announces a key leadership transition following the passing of its esteemed founder, Hemaka de Alwis. The company introduced vertical luxury living to Rajagiriya, completing six projects and delivering over 1,000 apartments across Rajagiriya, Galle, and Koswatta. With sustainability at its core, Fairway…
Unilever Sri Lanka and the Industrial Development Board (IDB) of the Ministry of Industry and Entrepreneurship Development handed over the second round of financing to ten female micro-entrepreneurs. This is part of the 3-year MoU signed by Unilever and the IDB in 2024, to provide financial and capability support to female entrepreneurs. By the end…
The Business Standard – The Dhaka Stock Exchange (DSE), Pakistan Stock Exchange (PSX) and Colombo Stock Exchange (CSE) have signed a tripartite Memorandum of Understanding (MoU) on Thursday (27 March) in a “landmark move” to strengthen regional capital market cooperation. The agreement seeks to create an exchange forum to facilitate technology development and sharing, human resource…
Will continue to support SUN in advisory capacity as Deputy Chairman Sunshine Holdings PLC (CSE: SUN) announced that Vish Govindasamy will be stepping down from his executive role within the Group to a Non-Executive role as Deputy Chairman after an illustrious 28-year journey marked by bold leadership, transformative innovation, and deep-rooted commitment to responsible entrepreneurship….
Sri Lanka Tourism Promotion Bureau (SLTPB) hosted a landmark event at the Cinnamon Life Hotel, Colombo. The event was led by Hon. Deputy Minister of Tourism, Prof. Ruwan Ranasinghe, with the participation of SLTPB Chairman Mr. Buddika Hewawasam, officials, travel influencers and their families, as well as journalists specializing in tourism sector reporting. The gathering…
The overall rate of inflation, as measured by the Colombo Consumer Price Index (CCPI) on Year-on-Year basis, has increased to -2.6% in March 2025, compared to -4.2% in February 2025, according to the latest data released by the Department of Census and Statistics. Year-on-Year food inflation has increased to 0.6% in March 2025, compared to…
Fitch Ratings has assigned Sri Lanka-based State Mortgage & Investment Bank (SMIB) a first-time National Long-Term Rating of ‘BB(lka)’. The Outlook is Stable. Key Rating Drivers Intrinsic Profile Drives Rating: SMIB’s rating reflects its standalone financial strength and factors in its weaker-than- peers funding profile that has led to balance sheet mismatches. Risk controls are showing…
Analysis
Business Sentiment: Post-Budget Dip in Confide The IMF recently approved the highly anticipated disbursement of US$ 334 million – the fourth tranche under its Extended Fund Facility (EFF). Following the review, its Managing Director Kristalina Georgieva emphasised the importance of maintaining the reform agenda to decisively guide Sri Lanka towards sustainable and inclusive growth. In…
Total exports, including both merchandise and services, reached at US$ 1,382.53 Mn in February 2025, marking a notable 4.62% year-on- year growth compared to February 2024. Additionally, exports recorded a 2.58% month-on-month increase compared to January 2025. According to provisional data from Sri Lanka Customs and estimated figures for Gems & Jewellery and Petroleum Products,…
The Effects of GSP+ Withdrawal on Sri Lanka’s Exports and Labour Force Growing uncertainties on the future of global trade as President Trump seeks to impose reciprocal tariffs make programmes such as the European Union’s Generalised Scheme of Preferences Plus (GSP+) more significant for small exporters such as Sri Lanka. With a reported visit by…
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