Lanka Rating Agency Limited (LRA) has reaffirmed the entity rating of Sarvodaya Development Finance PLC (SDF) at ‘BBB-’ with a Stable Outlook, recognizing the company’s improving financial profile, strong capital position, expanding loan portfolio, and enhanced profitability during the financial year ended 2026. The reaffirmation follows the rating upgrade announced in November 2025 and reflects […]
Category: Corporate & Industry News
SLRA and PIM Inaugurate Second Batch of Retail Leadership Development Programme Following Exceptional Industry Response
The Sri Lanka Retailers’ Association (SLRA), in collaboration with the Postgraduate Institute of Management (PIM), officially inaugurated the second batch of the SLRA–PIM Retail Leadership Development Programme on 31 July 2026 at the Postgraduate Institute of Management, marking another significant milestone in strengthening leadership capabilities within Sri Lanka’s retail industry. Building on the success of […]
JAT Holdings Partners with WASHLEX to Expand Access to Japanese Smart Toilet Technology in Sri Lanka
JAT Holdings PLC has entered into an exclusive partnership with WASHLEX, a leading provider of Japanese smart toilet technology, to expand access to premium smart bathroom solutions across Sri Lanka’s hospitality, residential and commercial sectors. Through this collaboration, JAT Holdings will exclusively distribute WASHLEX smart toilets nationwide, combining the brand’s innovative Japanese technology with JAT’s […]
MullenLowe Group Sri Lanka Retains Position Among the World’s Top 100 Most Effective Agencies
Ranks Among APAC’s Top 20 and Remains Sri Lanka’s No. 1 Agency for the Third Consecutive Year on the Effie Index 2025 MullenLowe Group Sri Lanka has been recognised as Sri Lanka’s highest-ranked agency office on the Effie Index 2025, marking the third consecutive year it has secured the No. 1 position among Sri Lankan […]
ALT X Certified Great Place to Work® for the Second Consecutive Year with One of Sri Lanka’s Highest Employee Trust Scores
ALT X (Altered Experience), Sri Lanka’s fastest-growing business solutions company specialising in end-to-end eCommerce, strategic marketing, and applied AI solutions, has once again been certified as a Great Place to Work®, marking its second consecutive year of receiving the globally recognised certification. This year’s recognition is made even more significant by ALT X achieving one […]
CTTA’s 132nd AGM charts new course for Ceylon Tea through quality, value and resilience
The Colombo Tea Traders’ Association (CTTA), the apex private sector body representing Sri Lanka’s tea trade, reaffirmed its commitment to strengthening the global competitiveness of Ceylon Tea as it concluded its 132nd Annual General Meeting (AGM), unveiling a renewed vision centred on sustainable industry growth. Held on 17 July at the Lumina Ballroom of Cinnamon […]
NDB Wealth Marks 34th Anniversary with Client Engagement Event in Kandy, Spotlighting Family Business Succession and Global Geopolitical Shifts
NDB Wealth celebrated its 34th anniversary with a client engagement event held at Kandy Myst by Cinnamon, bringing together clients, partners, and industry leaders for an evening centered on the themes shaping the future of wealth: intergenerational continuity and global uncertainty. The event opened with a welcome address by Mr. Ruwan Perera, CEO of NDB […]
AIA Sri Lanka partners with SLASSCOM as the Exclusive Insurance Partner
AIA Insurance Lanka has joined hands with SLASSCOM (Sri Lanka Association for Software and Services Companies) as the exclusive Insurance Partner, marking a strategic collaboration that will uplift the holistic wellbeing within Sri Lanka’s knowledge and technology community. The partnership reinforces AIA Sri Lanka’s commitment to enabling Healthier, Longer, Better Lives while strengthening its presence […]
AIA Sales Convention 2026 celebrates standout achievers in a dazzling night of greatness
AIA Insurance Lanka recently hosted its annual AIA Sales Convention 2026, bringing together the company’s top-performing Wealth Planners, Managers and Distribution Leaders in a powerful celebration of excellence, achievement and ambition. Held under the inspiring theme “Born to be #1 – Be the one. Lead the future.”, the Sales Convention recognised individuals who have demonstrated […]
Hemas Holdings Appoints Sabrina Esufally to the Board of Directors
Hemas Holdings PLC announced the appointment of Sabrina Esufally as an Executive Director to its Board, effective 1 July 2026. Sabrina Esufally is the Managing Director of Hemas Consumer Brands and a member of the Hemas Group Board of Management. Since joining the Group in 2019, she has held leadership roles across pharmaceutical manufacturing, business […]