Sri Lanka’s Dialog Axiata Records 4.5% Profit Growth in Q4 2024
Sri Lanka’s Dialog Axiata, a leading player in mobile, fixed access telephony, and pay television, reported a 4.5% increase in profit to 6.77.
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Richard Pieris Group PBT Soars 137% to Rs. 5.4 Billion
Richard Pieris Group, one of Sri Lanka’s largest and most diversified conglomerates, recorded a remarkable 137% increase in Profit Before Tax (PBT), reaching.
- February 14, 2025
Investing
TEC Invests $750,000 to Expand Presence in Sri Lanka, Opens Fourth Centre in Colombo
The Executive Centre (TEC), Asia’s largest premium workspace provider, continues its strategic expansion in Sri Lanka with a new $750,000 investment. TEC has.
- October 25, 2024
Investing
Netherlands Invests €300,000 in Gampaha Batik SMEs with Electric Three-Wheelers
The Netherlands’ Foreign Affairs Ministry has invested €300,000 in a cluster project aimed at enhancing the sustainability and growth of local batik SMEs.
- October 3, 2024
Investing
Sri Lanka to Develop $1.5 Billion Logistics Hub in Trincomalee
Sri Lanka is set to establish a major logistics hub in Trincomalee’s Kappalthurai, targeting heavy industries and aiming to attract up to $1.5.
- August 22, 2024
Personal Finance
Maliban Group Appoints Kumudika Fernando as New Chairperson
The Maliban Group has announced a major leadership transition, with A.G. Kumudika Fernando being appointed as the new Chairperson, effective August 15, 2024..
- August 22, 2024
Investing
Sri Lanka Secures US$ 71.53 Million in Tourism Investments for 2024
Sri Lanka’s tourism sector has attracted US$ 71.53 million in investment proposals up to August 16th this year, according to the latest data.
- August 21, 2024
Investing
Aviyana Ceylon: Sri Lanka’s First 7-Star Hotel Project Seeks Investors
Sri Lanka’s first-ever seven-star hotel project, Aviyana Private Chalets (Aviyana Ceylon), currently under development in the Udispattuwa area of Kandy, is now inviting.
- August 14, 2024
Personal Finance
Rajkumar Kanagasingam Wins Bronze at 2024 Stevie Awards for Tech Excellence
Rajkumar Kanagasingam, Founding President of the Fintech Association of Sri Lanka (FASL), has been awarded the Bronze in the “Executive of the Year.
- August 12, 2024
Personal Finance
Teejay Lanka Posts Rs. 273.7 Million Profit in 1Q25
Teejay Lanka PLC, Sri Lanka’s pioneering multinational textile manufacturer, has announced a remarkable turnaround in its financial performance for the quarter ending June.
- August 9, 2024