Business and Economy (Page 37)

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First Capital Treasuries PLC and Lanka Rating Agency Ltd (LRA) are pleased to jointly announce the upgrade of First Capital Treasuries PLC’s credit rating to ‘A+’ from ‘A’, reflecting the company’s strengthened financial position, robust risk management practices, and continued excellence in Sri Lanka’s capital markets. The rating upgrade comesContinue Reading

WNS Global Services, a leading provider of Business Process Management (BPM) solutions, announced that it will be expanding its operations significantly in Orion City, Colombo 9. Since its establishment in 2013, WNS has expanded to occupy more than 21,000 square feet in the Anton Building, one of Orion City’s mostContinue Reading

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 (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

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, 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

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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