Stock Market

PickMe Shares Start Trading on CSE Amid High Demand

Shares of Digital Mobility Solutions Lanka Ltd, trading under the code PKME-N-0000, officially commenced on the Colombo Stock Exchange (CSE) on October 3, 2024, highlighted by a special Bell Ringing Ceremony. The company’s shares are now listed on the Main Board of the CSE in the ‘Passenger Ground Transportation’ sector. The Offer for Sale, comprising

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Industry Analysis

Tokyo Cement Appoints Two New Independent Directors

Tokyo Cement Company (Lanka) PLC has strengthened its Board by appointing two new Independent Non-Executive Directors, Mano Sekaram and Averil Anne Ludowyke. Both directors bring a wealth of experience from their respective industries, further bolstering the company’s leadership. Mano Sekaram, a tech entrepreneur and investor, has over 30 years of experience in the Sri Lankan

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International Economic Developments

Celebrating Excellence: The 10th Edition of Top German Brands in Sri Lanka

The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) marked a significant milestone by hosting the 10th edition of the ‘Top German Brands in Sri Lanka’ on September 19 at the Cinnamon Grand Hotel in Colombo. This year’s event highlighted the strong bilateral ties between Germany and Sri Lanka, recognizing the

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Business

Jaya Container Terminals Celebrates 16 Years of Success with Record-Breaking Growth

Jaya Container Terminals Ltd. (JCT Ltd.), a subsidiary of the Sri Lanka Ports Authority (SLPA), recently celebrated its 16th anniversary, marking a significant milestone in the Sri Lankan maritime industry. Since its establishment in 2008, JCT Ltd. has grown into a key player, consistently exceeding revenue and profitability expectations. Chairman and Attorney-at-law Lakmal Ratnayake attributed

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Business

Megakem Engineering Expands with New Showrooms and Launches Megalistic Super 540

Megakem Engineering Ltd. has marked a significant expansion by inaugurating two new showrooms under its “Megakem” brand. The newly opened showroom in Gampaha and the rebranded location in Rajagiriya are key milestones in the company’s growth strategy. In addition to the showroom openings, Megakem has unveiled its newly rebranded waterproofing solution, Megakem Megalistic Super 540.

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Business

Telco and Banking Leaders Partner to Boost SME Digital Transformation

In a landmark initiative to drive digital transformation for small and medium-sized enterprises (SMEs), Dialog Enterprise, the corporate ICT solutions arm of Dialog Axiata PLC, has signed a Memorandum of Understanding (MoU) with Commercial Bank of Ceylon PLC, GlobalLinker, and Databox Technologies. This collaboration, titled “Commercial Bank LEAP GlobalLinker,” is an innovative web solution designed

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