Citizens Development Business Finance PLC (CDB) once again played a pivotal role in driving Sri Lanka’s transition toward sustainable mobility as the Official Financial Partner of the Motor EV Technology Show 2026, held from 27th to 29th March at the BMICH – Sirimavo Hall. The event drew a vibrant footfall of EV and general vehicle […]
Category: Business
JXG IPO oversubscribed showcasing strong investor confidence
JXG, the well-established financial conglomerate comprising Janashakthi Insurance PLC, First Capital Holdings PLC, and Janashakthi Finance PLC, successfully concluded its Initial Public Offering (IPO), which opened for subscription on 9th April 2026. The issue was oversubscribed on the opening day and closed on the same day, reflecting the strong confidence and trust placed by investors […]
BYD 10,000 Deliveries Milestone
BYD and its authorised Sri Lankan agent, John Keells CG Auto, marked the milestone of 10,000 vehicle deliveries at BYD’s largest delivery hub in Thudalla. With the capacity to deliver up to 100 vehicles per day, the facility reflects BYD’s growing presence in Sri Lanka and its commitment to expanding customer access. Chief Executive Officer […]
Inextricable Group Appoints Jayantha Peiris as SVP Digital and Transformation
Strengthening Global Apparel Industry Expertise Inextricable Group, a distinguished British boutique IT consultancy specialising in ERP and data solutions, has announced a landmark leadership appointment set to redefine digital transformation across the global apparel and manufacturing sectors. Jayantha Peiris, a highly respected industry leader with over three decades of transformative experience at MAS Holdings, the […]
Allianz Lanka Partners with WEBXPAY to Deliver the Most Comprehensive Digital Payment Solution in Insurance
Allianz Lanka has announced a strategic partnership with WEBXPAY, marking a major milestone in its journey towards delivering a seamless, customer-centric insurance experience. Through this partnership, Allianz Lanka strengthens its position as an insurer with the most comprehensive digital payment solution in the country, offering customers a robust, future-ready phygital payment ecosystem that seamlessly integrates […]
CZ Releases Freedom of Money, a Memoir Reflecting on the Rise of Crypto and the Story Behind Binance
Few figures have been as closely associated with the rise of the cryptocurrency industry as Binance co-founder Changpeng Zhao (CZ). In his new memoir, Freedom of Money, A Memoir of Protecting Users, Resilience, and the Founding of Binance, CZ offers a candid account of the early days of crypto, the rapid explosion of Binance, and […]
Sarvodaya Development Finance PLC appoints Ms. Sashi Adele Schaffter as Non-Executive, Non-Independent Director
Sarvodaya Development Finance PLC has announced the appointment of Ms. Sashi Adele Schaffter as a Non-Executive, Non-Independent Director with effect from 2 April 2026. Ms. Schaffter will represent the shareholder of the Company, Janashakthi Ltd (“JXG”-Janashakthi Group). Ms. Schaffter brings to the Board a distinctive blend of legal, financial and strategic expertise, underpinned by experience […]
The Offices at Cinnamon Life Command Highest Rental Rates in Colombo, Reinforcing Strong Investment Appeal
The Offices at Cinnamon Life, developed by John Keells Properties, has set a new benchmark in Colombo’s commercial real estate market, achieving the highest rental rates in the city. This milestone reflects the growing demand for premium, well- located office spaces within integrated developments that offer a seamless blend of business, lifestyle, and connectivity. Strategically […]
OGILVY TALENT ROARS AT YOUNG LIONS SRI LANKA AND GEARS UP FOR CANNES
Sweeps Three of Four Competition Categories Awarded Ogilvy Group Sri Lanka delivered a commanding performance at the Young Lions Sri Lanka Competition 2026 held in Colombo recently, with its talent securing wins in three of the four categories awarded. Sweeping top honours in the Media, PR and TV Categories, the agency’s winning teams will now […]
Food Studio opens Primo and Smashy at Independence Arcade Square
Food Studio has expanded its footprint with the opening of Primo and Smashy at Arcade Independence Square, marking an important step in the company’s growth strategy as it takes two of its strongest concepts beyond traditional mall spaces. The launch marks Primo’s fourth location and Smashy’s first move outside a mall environment, reflecting a broader […]