Business and Economy (Page 99)

In a groundbreaking achievement for Sri Lankaโ€™s IT and electronics manufacturing industry, EWIS Colombo Ltd, the countryโ€™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

Sign Partnership for Marine Propulsion and Power Solutions Hayleys Power Limited, a subsidiary of Sri Lankaโ€™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, Indiaโ€™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 allโ€“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 Peradeniyaโ€™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 universityโ€™s sustainabilityContinue Reading

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 yearโ€™s bottom-line result of Rs. 9.35Bn was bolsteredContinue Reading