Business and Economy (Page 50)

Reuters – Vietnamese electric vehicle maker VinFast is in talks with several component manufacturers as it looks to source more from India, the company’s Asia CEO said on Monday (04). The firm is in discussions with several of its current component suppliers, and some want to shift part of their production toContinue Reading

DIMO, the authority in automotive excellence for over 85 years, has partnered with the Bank of Ceylon (BoC), the nation’s most trusted state-owned bank, to offer state-of-the-art leasing solutions for a wide range of world-class vehicles, including Mercedes-Benz, Jeep, and Tata, within easier reach for all Sri Lankans. The partnershipContinue Reading

The Teejay Group, South Asia’s premier multinational textile manufacturer, reported a resilient performance for the first quarter of the 2025/26 financial year, demonstrating its operational strength and strategic agility in the face of continued global market headwinds. The Group recorded a Profit After Tax (PAT) of LKR 0.21 billion forContinue Reading

In a moment that solidified its leadership in digital marketing, eMarketingEye (EME) emerged triumphant at the Hashtag Asia Awards 2025, the most prestigious platform for social medial excellence in Asia. EME competed with global giants across multiple industries including technology, travel and hospitality, finance, FMCG, fashion and entertainment, and securedContinue Reading

In honour of its 8th anniversary, Binance, the global cryptocurrency exchange hosted a celebratory community meetup on the 14th of July 2025, at Shangri-La Colombo. The event was attended by over 300 members of the      ever evolving Binance community, who celebrated both the platform and its deepening engagement with theContinue Reading

Enhancing Reliability and Delivery Speed for Alumex Clients Alumex PLC, the country’s leading aluminium extrusion manufacturer and member of the Hayleys Group has earned the coveted ‘Authorised Economic Operator (AEO) Tier I’, conferred by Sri Lanka Customs, marking a critical milestone in the company’s operational compliance, global trade facilitation andContinue Reading

The Plastics & Rubber Institute of Sri Lanka (PRISL), the national institute  for the development of the plastics and rubber sectors, is proud to announce two major events that will shape the future of the country’s industrial landscape: the PRISL Awards 2025, scheduled for 25th November 2025, and the COMPLAST-RUBEXPO-COMXPOContinue Reading

DIMO Agribusinesses, the agricultural arm of DIMO, offers the first and only warranted rubber tracks in Sri Lanka on a harvester through its LOVOL Harvesters. It offers a warranty period of up to 500 working hours, strengthening the lifespan of the rubber tracks on LOVOL harvesters. Rubber tracks on mostContinue Reading

In a spectacular celebration of innovation and excellence, ANKA Technologies was recognized with three prestigious awards at the SLASSCOM National Ingenuity Awards 2025, held recently at the Taj Samudra, Colombo. The institute proudly took home the titles of National Winner for Best Innovative Product in EdTech, Central Province Winner forContinue Reading