Colombo, Sri Lanka, February 2026 – TWC Capital (PVT) LTD, the corporate financial advisory arm of TWC Holdings, acted as the exclusive buy-side financial adviser to CBL Group on its acquisition of PT Tri Jaya Tangguh Indonesia (TJT), a large-scale coconut processing facility in Indonesia, with an investment exceeding USD 25 million. This transaction marks […]
Category: Business
As Sri Lanka charts its recovery, AmCham’s CEO Forum 2026 Reinforces a Path Toward Future Growth
On 25 February, over 200 C-suite executives, policymakers, and international partners gather at Cinnamon Grand Colombo to forge a practical agenda for reform, resilience, and growth — with Sri Lanka’s economic future squarely in focus. Sri Lanka has emerged from one of the most severe economic crises in its modern history and continues to face […]
WindForce Leads Sri Lanka’s First-Ever and Largest 120 MW/480 MWh Standalone BESS Initiative
WindForce PLC is pleased to announce that it has received the Letters of Award on 16 February 2026 for twelve standalone Battery Energy Storage System (BESS) projects, secured through an international competitive bidding process conducted by the Ceylon Electricity Board. These projects form part of Sri Lanka’s first-ever grid-scale standalone BESS programme and collectively represent […]
‘SmartChat Mega 2026’ Emerges as Catalyst for SME Digital Transformation in Sri Lanka
SLT-MOBITEL Enterprise Empowers SMEs with Scalable Digital Solutions As the National ICT Solutions Provider, SLT-MOBITEL plays a pivotal role in supporting businesses across Sri Lanka by delivering digital and AI-based solutions that enhance operational efficiency, competitiveness, and business growth. Through a range of focused initiatives, SLT-MOBITEL actively enables organisations to accelerate their digital transformation journeys. […]
Sarvodaya Development Finance PLC Secures Prestigious TAGS Gold Award for Fifth Time.
Sarvodaya Development Finance PLC has once again reaffirmed its leadership in responsible financial stewardship by securing the Gold Award for the fifth time at the prestigious Institute of Chartered Accountants of Sri Lanka – TAGS Awards 2025. The accolade was presented at the official ceremony held at Shangri-La Colombo on 12th February 2026, under the […]
AIA Insurance Lanka charts a bold new era for bancassurance with Vision X
AIA Insurance Lanka recently hosted ‘Vision X: The Next 10 Years of Partnership Distribution’, a spectacular celebration at Shangri-La Colombo. This landmark event brought together an elite circle of C-suite executives, from leading partner banks and brokers, alongside AIA’s senior leadership team, to honour a year of transformative success and unveil an inspiring vision for […]
Retail IT Hosts Enterprise Retail Technology Forum, Launches Adler ERP & Face Recognition Based Loyalty Systems in Sri Lanka!
Retail IT (Pvt) Ltd, Sri Lanka’s leading retail technology solutions provider, recently hosted “Retail Industry: Technology Trends 2026 – The Enterprise Experience” at the Cinnamon Grand Colombo, unveiling its 2026 roadmap for enterprise retail transformation. The forum explored how retailers and large organisations must evolve amid growing operational complexity, integration requirements, and heightened security expectations. […]
Toyota Lanka Group unifies Certified Mobility concept by synthesizing Toyota Sure and Toyotsu Auto Rush experience under one-showroom-roof in Ratmalana and Kandy
Toyota SURE concept was officially introduced by Toyota Lanka in 2019 and was launched in the Wattala Branch. Today, it has expanded with its second new showroom at Ratmalana, bringing certified Japan Domestic (JDM) Toyota vehicles through a carefully selected, inspected, and fully certified mobility experience. Designed to make quality, reliable, and durable vehicles more […]
IFC Partners with CBL Group to Accelerate Global Expansion
Colombo, Sri Lanka, February 16, 2026—To strengthen a leading Sri Lankan manufacturer’s global presence, the International Finance Corporation (IFC), a member of the World Bank Group, committed $28.6 million, as part of a larger envelope of $40 million, to CBL Group. IFC’s investment will enable CBL, one of Sri Lanka’s largest food manufacturing conglomerates, to […]
Hayleys Mobility unveils South Asia’s largest OMODA & JAECOO Showroom, elevating premium New-Energy Vehicle experiences in Colombo
Hayleys Mobility Limited has announced the opening of South Asia’s largest OMODA & JAECOO (OJ) showroom flagship showroom at No. 127/1, Sir James Pieris Mawatha, Colombo 2. The landmark facility marks a major milestone in transforming how Sri Lankans discover, experience and transition to premium, sustainable mobility solutions, reflecting Sri Lanka’s significant advancement in the […]