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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….
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Uber expands to the City of the Elephant Rock, adds third new district to SL footprint this year Uber, Sri Lanka’s most loved mobility app, today announced the launch of its mobility services in Kurunegala, making it the third new district Uber has expanded to in 2026, following Kegalle and Ratnapura. Now, residents and visitors…
Reaffirming its commitment to empowering women across the organization, Allianz Lanka’s Women in Leadership (WIL) Employee Resource Group (ERG) recently hosted its third consecutive branch engagement programme under the theme “Lead. Inspire. Empower.” The event brought together over 35 female employees from Allianz Lanka’s Colombo and Western Zone branches for a morning of learning, networking, and…
A new chapter in aesthetic and cosmetic care has begun in Negombo with the opening of 360 Skin Clinic – Negombo, bringing its doctor-led approach to skin, hair and body treatments to the city. Founded and led by Dr. Sarah Fazy, Founder of 360 Skin Clinic and 360 Aesthetics, popularly known as Dr Cherry, 360…
Elephant House Cream Soda, in partnership with ShowUp Entertainment, is set to give Sri Lankan youth a truly international festival experience with POP Culture 2026. On 28th and 29th August at Port City Colombo, Elephant House Cream Soda presents POP Culture 2026 a two-day celebration of music, dance, fashion, art and self-expression designed to inspire…
At a time when fitness is increasingly being recognised as an essential component of healthier living, Quantum Fitness is deepening its focus on customer education, wellness and accessible fitness solutions, building on nearly three decades of helping shape Sri Lanka’s fitness landscape. Founded in 1998 as Quantum Teleshopping, the company entered a market where home…
Royal Nursing Home (Pvt) Ltd, one of South Asia’s leading elderly care service providers, has marked a new milestone in its growth journey with the inauguration of its new Corporate Head Office at No. 82, Barnes Place, Colombo 07, further strengthening the company’s administrative and operational capabilities as it continues to expand locally and internationally….
Azend Technologies celebrated its 5th Anniversary on 1st August 2026 at the Hilton Colombo, commemorating five years of innovation, growth, and meaningful impact in enterprise technology. Established in 2021, Azend began with a vision to create impactful technology solutions and take Sri Lankan ICT to the world. Guided by its vision, “To become the gold…
JAT Holdings PLC marked a significant milestone in its long-term commitment to Sri Lanka’s painter community at the seventh JAT Pintharu Abhiman Convocation, where 120 painters received National Vocational Qualification certifications. For the first time in the programme’s history, 14 painters received NVQ Level 4 qualifications, while the remaining 106 received NVQ Level 3 certifications….
Vasan Eye Care Hospital, located at No. 423, Galle Road, Colombo 3, continues to strengthen its position as one of Sri Lanka’s leading dedicated eye care hospitals and the country’s first super-specialty eye care centre. With a strong focus on clinical excellence, advanced technology, and patient-centred care, the hospital provides comprehensive ophthalmic services to patients…
Hayleys Mobility, the mobility sector of Hayleys Fentons Limited and the exclusive authorised distributor for OMODA & JAECOO in Sri Lanka, celebrates the brand’s continued global success, with 144,841 vehicles sold worldwide across June and July 2026, reflecting sustained international demand for its mobility portfolio. Driving this strong global performance was continued demand for New…
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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…
Analysis
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…
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…
Government approval moderates as economic outlook weakens: Mood of the Nation poll In the latest July 2026 round of the Gallup-style ‘Mood of the Nation’ poll conducted by Verité Research, the government’s approval rating moderated to 50%, following a post-election high of 65% in the previous February 2026 round. The polling partner was Vanguard Survey…
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