Business and Economy (Page 3)

GovPay, Sri Lankaโ€™s Government Digital Payment Platform, concluded the year 2025 by surpassing Rs. 2 billion in total digital transaction value, marking a major milestone in the countryโ€™s digital transformation journey. Notably, GovPay doubled its collections from Rs. 1 billion to Rs. 2 billion in just 45 days, reflecting rapidContinue Reading

The Jaffna International Trade Fair (JITF), Northern Sri Lankaโ€™s largest multitrade exhibition, would be held from January 23 to 25, 2026, marking its 16th consecutive year as a key commercial platform for the region, the organisers said. Organised by Lanka Exhibition and Conference Services in association with the Chamber ofContinue Reading

Asoka Hettigoda, Chairman of the Hettigoda Group of Companies, was unanimously elected as the President of The Hotels Association of Sri Lanka (THASL) at the Associationโ€™s Annual General Meeting for 2025, held at Cinnamon Life โ€“ City of Dreams.  Asoka Hettigoda This election positions a seasoned industry veteran at theContinue Reading

Home Lands has once again solidified its position as Sri Lankaโ€™s number one and most trusted real estate developer, achieving a historic milestone at the PropertyGuru Asia Property Awards 2025, held in Bangkok, Thailand on 12th December 2025. The company was crowned โ€œBest Developer, Sri Lankaโ€ for the third consecutiveContinue Reading

Uber marked 10 years of operations in Sri Lanka, a decade in which the platform has reshaped how people commute and how thousands of Sri Lankans earn a livelihood.  Industries and Entrepreneurship Development Deputy Minister Chathuranga Abeysinghe graced the milestone event as the chief guest. U.S. Ambassador Julie Chung attendedContinue Reading

A bold new chapter begins at Cinnamon Life Sri Lanka is gearing up to host the first international gem and jewellery exhibition of the year as FACETS Sri Lanka 2026 opens on 3rd January. Now in its 33rd year, the exhibition marks a major milestone with its move to TheContinue Reading

Evolution Auto, Sri Lankaโ€™s leading electric mobility solutions provider, officially announced the launch of the Riddara RD6 Active, the countryโ€™s latest all-electric double-cab pickup, which was unveiled at the prestigious BMICH Motor Show. The RD6 Active, which is designed to combine the practicality of a pickup with SUV-like comfort, isContinue Reading

The Initial Public Offering (IPO) of WealthTrust Securities Limited (WTS) will open tomorrow, inviting the public to subscribe for 71,548,244 Ordinary Voting Shares at an Issue Price of LKR 7.00 per share. Through the Issue, WTS seeks to raise a total of LKR 500,837,708, with the Companyโ€™s shares expected to be listed on the Diri Savi BoardContinue Reading