Business and Economy (Page 3)

Sri Lanka’s IT Manufacturing Pioneer EWIS Colombo Ltd Exports First Locally Built Laptops to Zimbabwe, Marking a Historic Milestone

In a groundbreaking achievement for Sri Lanka’s IT and electronics manufacturing industry, EWIS Colombo Ltd, the country’s first and only local computer manufacturer, has successfully exported its first consignment of locally built laptops to Zimbabwe. This landmark event not only positions Sri Lanka as an emerging force in global ITContinue Reading

Toyota Lanka unveils Toyota L.I.F.E. at the 17th Dealer Convention

Toyota Lanka (Pvt) Ltd., a leading name in the automotive industry, celebrated the exceptional efforts of its dealer network in distributing Toyota Genuine Motor Oil, Toyota Genuine Spare Parts, PIRELLI, Accelera, and Otani Tyres by hosting its 17th Annual Dealer Convention held at Cinnamon Life at City of Dreams, Colombo.Continue Reading

Hayleys Power Limited and Mitsubishi Heavy Industries Engine System Asia Pvt. Ltd. Forge Strategic Alliance to Revolutionise Sri Lanka’s Marine Industry

Sign Partnership for Marine Propulsion and Power Solutions Hayleys Power Limited, a subsidiary of Sri Lanka’s largest and most diversified conglomerate Hayleys, has entered into a partnership with world-leading Japanese multinational group, Mitsubishi Heavy Industries, becoming the authorised distributor for Mitsubishi marine engines in Sri Lanka. This collaboration marks aContinue Reading

Tata Motors, along with its partner DIMO, announces the launch of its All–New Passenger Vehicle portfolio in Sri Lanka

Tata Motors, India’s leading automobile manufacturer and the pioneer of sustainable mobility, along with DIMO, the authority in Automotive Excellence for over 85 years and the sole authorized distributor for Tata Motors in Sri Lanka, launched the all–new range of passenger vehicles (including Internal Combustion Engine (ICE) vehicles and ElectricContinue Reading

Delmege Partners with Hettich to Introduce a full range of hardware solutions

Delmege, a leading conglomerate with a legacy of 175 years and known for its diversified business sectors, has proudly announced a strategic franchise partnership with Hettich, a 137-year-old, globally renowned premium lifestyle brand in furniture hardware, kitchen appliances and door hardware. This strategic alliance marks a significant step in theContinue Reading

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Hayleys Solar Brings Solar Power to University of Peradeniya

Significant Electricity Savings of 31% in Monthly Electricity Bill The University of Peradeniya’s Engineering and Arts faculties are now powered by a 1.2 MWp solar installation, completed and installed by Hayleys Solar, the renewable energy arm of Hayleys Fentons Limited. The project marks a significant milestone in the university’s sustainabilityContinue Reading

Evolution Auto Partners with Geely Holding Group to Revolutionize Sri Lanka’s Mobility with Advanced Electric Pickups

Evolution Auto (Pvt) Ltd Sri Lanka is proud to announce its strategic partnership with Geely Holding Group, marking a new era of sustainable and innovative mobility solutions in Sri Lanka. Evolution Auto, a joint venture between ATMAN Group and SINO LANKA Ltd, is leading the way in automotive innovation inContinue Reading

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First Capital Revolutionizes Treasury Bill and Bond Auctions with Bidding through WhatsApp Integration

First Capital Treasuries PLC, a pioneering force in the investment sector in Sri Lanka, has revolutionized the way customers bid at Treasury Bill (T-bill) and Treasury bond (T-bond) auctions by introducing a seamless solution via the widely popular WhatsApp platform. In collaboration with Yenasys, First Capital has successfully integrated thisContinue Reading

First Capital strengthens Market Dominance in 3Q of FY 2024-25

First Capital Holdings PLC (the Group), a leading financial solutions provider, has reported a Total Comprehensive Income of Rs. 4.53Bn for the nine months ended 31 December 2024, demonstrating its ability to capitalise on market opportunities and drive sustained growth. While last year’s bottom-line result of Rs. 9.35Bn was bolsteredContinue Reading

Five Years of Innovation: Marx – CrossBorder Payments Paves the Way for a Cashless Sri Lanka

CrossBorder Payments (Pvt) Ltd which operates under the brand name marx, is a leading force in Sri Lanka’s fintech landscape, celebrates a path of creativity, resiliency, and revolutionary influence as it proudly marks its fifth anniversary. Since its inception, the company has transformed from a promising startup to a trailblazingContinue Reading