Business and Economy (Page 2)

Hambantota International Port (HIP) closed 2025 with a landmark performance, recording a 175% year-on-year increase in total cargo volumes despite what has been widely recognised as one of the most challenging years for the global port industry. HIP handled 8.24 million metric tonnes of cargo in 2025, up from 3.0Continue Reading

Union Bank continues to simplify business banking with the introduction of GovPay on its payments & cash management platform BizDirect enabling businesses to make government payments fast, secure and conveniently. Through BizDirect GovPay, customers can settle payments to key government institutions including the Inland Revenue Department, Sri Lanka Customs, Employees’Continue Reading

Zoomtech Solutions Pvt Ltd launched its 4G WIFI Series Tiandy CCTV Camera and the New Tiandy showroom was opening recently at Maliban Street, Colombo. Zoomtech Solutions is famous for its CCTV and security solutions industry and it continues to expand its footprint under the leadership of its Founder and ManagingContinue Reading

Global technology continues to reshape the electrical and safety landscape. Sophisticated inspection instruments now enable the early detection of loose electrical connections before they spark, identify heat loss from buildings, and locate individuals obscured by smoke during emergencies. These capabilities are made possible through thermal imaging cameras, which have becomeContinue Reading

New approval allows the airline to deliver end-to-end Airbus A320 pilot training using certified flight simulation systems FitsAir, has been officially certified by the Civil Aviation Authority of Sri Lanka (CAASL) as an Approved Training Organisation (ATO), authorising the airline to conduct in-house Airbus A320 pilot type training. This milestoneContinue Reading

Prime Group, the real estate giant in Sri Lanka, celebrating 30 years of breakthrough innovation in the industry, highlighting trust, progress, and excellence, is expanding footprint with the opening the Group’s 7th branch in No. 270, Main Street, Kalutara – South. The new Kalutara branch is a strategically located andContinue Reading