The Credit Information Bureau of Sri Lanka (CRIB) has announced a significant expansion of the country’s credit information ecosystem with the onboarding of four licensed microfinance institutions, following the publication of the relevant Government Gazette Notification. This initiative marks an important step towards strengthening credit information sharing within the microfinance sector, enhancing the availability of […]
Category: Business
SLID Executive Masterclass Redefines the Human Capital Agenda for Boards and Business Leaders
The Sri Lanka Institute of Directors (SLID) further strengthened its focus on the evolving Boardroom agenda with the successful conclusion of the first Executive Masterclass by its HR and Talent Governance Forum, titled “Redefining Human Capital: Shaping the Future of Work,” held on 18 September 2026 at Cinnamon Grand Colombo. The Masterclass follows the launch of SLID’s HR and […]
Sri Lanka’s No.1 NEV Brand BYD Hits 1,000 Deliveries & 1,000 Services in Kandy
BYD, the number one brand in the brand-new New Energy Vehicle (NEV) segment in Sri Lanka and the world’s leading NEV manufacturer, together with its authorised distributor in Sri Lanka, John Keells CG Auto, marks a landmark achievement as the BYD Kandy showroom crosses 1,000 deliveries and 1,000 services – the fastest such milestone reached […]
Chinese Dragon Café opens flagship outlet in Negombo
Chinese Dragon Café (CDC), one of Sri Lanka’s well-known names in Chinese cuisine, has expanded its presence with the opening of its newest outlet in Negombo, marking another important step in the brand’s growth across the country. Located at No. 48, Chilaw Road, Negombo, just 400 meters from the Maris Stella College towards Kochchikade, the […]
Sampath Bank and David Pieris Automobiles Introduce New Customer-Centric Mobility Solutions
Recognising the growing demand for accessible vehicle ownership solutions and the need for customers to secure trusted automotive products and competitive financing through a single partnership, Sampath Bank PLC and David Pieris Automobiles (Private) Limited recently entered into a strategic collaboration to deliver greater affordability, convenience and value. David Pieris Automobiles, the four-wheeler sales arm […]
Premium International Injectable advances pharmaceutical manufacturing ambitions in Sri Lanka
Premium International Injectable (Private) Limited is advancing the development of its pharmaceutical manufacturing facility in Sri Lanka, marking a significant step in the company’s commitment to strengthening local manufacturing capabilities and establishing a foundation for future growth in the country’s pharmaceutical sector. The state-of-the-art facility, which is being developed to European standards within a Board […]
Hayleys Mobility Appoints Chithrasumana Motors as Its 11th Authorised Sales Distributor
Hayleys Mobility Limited, the mobility arm of Hayleys Fentons Limited, has appointed Chithrasumana Motors as an authorised sales distributor in Malabe. Located at No. 506, 7th Lane, Malabe, Chithrasumana Motors offers customers access to Hayleys Mobility’s portfolio, comprising OMODA & JAECOO, KAIYI and SRM. The range includes electric, hybrid and petrol-powered vehicles, catering to diverse […]
JXG’s Future Funders 2.0 returns to build financially smarter futures
JXG (Janashakthi Group), Sri Lanka’s leading financial conglomerate, held the second edition of Future Funders, its financial literacy initiative for children aged 8 to 12, on 8 October 2026. Designed to introduce children to essential money concepts from an early age, the initiative reflects JXG’s commitment to contributing to a more financially informed future generation […]
Sarvodaya Development Finance Expands Regional Footprint to Improve Access to Financial Services
Sarvodaya Development Finance PLC (SDF), a financial services provider in Sri Lanka, has further strengthened its regional presence with the opening of a new branch in Kantale and the relocation of its existing Dehiattakandiya branch to a new premises. These developments mark another step in the company’s ongoing efforts to enhance customer convenience, improve accessibility […]
Richardson Projects raises the bar for Sri Lanka’s powder coatings industry with global Axalta partnership
Richardson Projects, a subsidiary of Richardson Holdings, a multi-sector Sri Lankan conglomerate, has been appointed the official local agent and distributor for powder coating materials from Axalta, a globally established leader in performance coatings technology serving more than 100,000 customers in over 140 countries. The partnership was recently unveiled at an official launch held at […]