Business and Economy (Page 9)

PAYable Surpasses Rs. 100 Billion in Transactions, Empowering Sri Lankan Merchants to Thrive

PAYable, Sri Lanka’s leading digital payment acceptance platform, proudly celebrates a landmark achievement—crossing Rs. 100 billion in transactions. More than just a milestone, this success reflects the profound impact PAYable has had on empowering businesses across the country, helping them embrace digital payments, increase revenue, and secure their financial future. Continue Reading

TiE Colombo Launches Stanford Seed Spark Program, Empowering Entrepreneurs with Global Mentorship and Resources

TiE Colombo proudly launched the highly anticipated Stanford Seed Spark Program during an insightful Fireside Chat event at Elegance, Cinnamon Life. The event marked a significant step in empowering Sri Lanka’s entrepreneurial ecosystem, offering TiE Colombo members a unique opportunity to connect with global mentors and resources. In collaboration withContinue Reading

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AMW hosts “The Journey Begins 2025” – Yamaha Dealer Event

Associated Motorways (Private) Limited (AMW) the sole distributor for Yamaha motorcycles and Outboard Motors in Sri Lanka hosted their annual dealer event for Yamaha Sales, Service and Spare Part dealers on the 21st of February 2025 at the Marino Beach Hotel, Colombo. The event was held to encourage and celebrateContinue Reading

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Nations Trust Bank PLC ends 2024 with Strong Performance, Achieving 24% ROE

Nations Trust Bank PLC reported strong financial results for the twelve months ending 31st December 2024, achieving a Profit After Tax (PAT) of LKR 17 Bn, up 46% YoY. Nations Trust Bank, Director & Chief Executive Officer, Hemantha Gunetilleke, stated, “The Bank’s performance for the twelve months ending 31st DecemberContinue Reading

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Lanka Communication Services joins forces with Connex Information Technologies to advance Sri Lanka’s cyber security landscape

Lanka Communication Services Pvt Ltd partnered Connex Information Technologies Pvt Ltd via a Memorandum of Understanding (MoU), to officially introduce the SonicWall Managed Services Provider (MSP) in Sri Lanka. The MoU was ceremoniously signed at Hilton Colombo Residence on 21st of February 2025, marking a significant milestone in the advancement ofContinue Reading

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Huawei Europe Bags Prestigious Top Employer 2025 Award for Sixth Consecutive Year

Huawei Europe earned recognition as a Top Employer in Europe for the sixth consecutive year in 2025. This prestigious certification covers the following 17 countries: Austria, Belgium, France, Germany, the Czech Republic, Greece, Hungary, Italy, Ireland, the Netherlands, Portugal, Poland, Romania, Spain, Switzerland, Sweden, and Türkiye. The recognition is aContinue Reading

Sri Lanka’s 1st Culinary Studio opened by The Hungryislander

Hungry Islander’s Studio, Sri Lanka’s first-ever culinary studio, opened its doors to experience existing and numerous team-building activities with a culinary twist for individuals of all ages, genders, from corporate events to parties. Located at the heart of Colombo, Hungry Islander’s Studio is well-equipped to accommodate 30 individuals. The studioContinue Reading

Shangri-La Hambantota Enhances Guest Experience with the Grand Opening of LAKARCADE

Shangri-La’s Hambantota Resort & Spa, the largest luxury resort in Sri Lanka, is set to enhance its guest experience with the grand opening of LAKARCADE on 20th February 2025. Located on the lobby level, this exclusive store brings one of Asia’s largest and most prestigious souvenir and gift emporiums toContinue Reading

English Tea Shop Organic is now open at BIA duty-free

English Tea Shop Organic is delighted to announce the opening of its exclusive Duty-Free store at Bandaranaike International Airport (BIA). Travelers can purchase English Tea Shop’s organic teas and exquisitely handcrafted gifts at this one-of-a-kind store, which is located at Shop 13-D in the Departure Terminal. English Tea Shop, aContinue Reading

OREL IT wins top honour at Presidential Export Awards as the ‘Most Innovative Service Provider’

OREL IT, a global technology company, pushing the boundaries of cybersecurity, cloud solutions, and AI-powered digital innovations, has been honoured with the Most Innovative Service Provider of the Year at the 26th Presidential Export Awards (PEA) 2024. The ceremony, hosted by the Sri Lanka Export Development Board (EDB), took placeContinue Reading