John Keells CG Auto (JKCG Auto), the authorised distributor of BYD and DENZA in Sri Lanka, has launched a campaign in partnership with Bank of Ceylon (BOC) and Sri Lanka Insurance Corporation General Ltd. (SLIC) to accelerate New Energy Vehicles (NEV) adoption among government sector employees. The initiative, which will run from 4 May to 31 July 2026, is designed to improve accessibility and affordability of NEVs for public servants through […]
Category: Business
A Changing of the Guard – George Steuart Insurance Brokers Shuffles its Board
In a move aimed at strengthening its corporate structure and long-term plans for the future, George Steuart Insurance Brokers (Pvt) Ltd. (GSIB), leading corporate insurance and reinsurance broker in Sri Lanka, appointed Mr. T. S. Arulanandan (Arul) as its Managing Director and Principal Officer effective from 1st April 2026. Arul counts more than 30 years […]
VELLA EARNS GREAT PLACE TO WORK CERTIFICATION TM, MARKING A MILESTONE IN ITS PEOPLE-FIRST JOURNEY
Vella has been officially certified as a Great Place to Work, marking a significant milestone in the Group’s ongoing journey to build a culture rooted in trust, shared purpose and collective growth. Great Place To Work® is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue, employee […]
Sri Lanka Insurance Corporation General Limited strengthens No. 1 position
-Becomes first GI Insurer in Sri Lanka to surpass LKR 30 bln GWP- Sri Lanka Insurance Corporation General Limited (SLICGL) has achieved a historic milestone, becoming the first General Insurance (GI) company in Sri Lanka to surpass LKR 30 billion in Gross Written Premium (GWP). The landmark achievement sets a new benchmark for the industry […]
Sampath Bank Strengthens Ocean Plastic Reduction Efforts with the Community-led Material Recovery Facility (MRF) in Dickwella
Reinforcing its commitment to environmental stewardship and inclusive socio-economic development, Sampath Bank PLC officially handed over a fully operational Material Recovery Facility (MRF) in Batheegama, Dickwella, under its ‘A Breath to the Ocean’, ocean plastic reduction initiative. This milestone marks a significant step in transitioning from a corporate-led initiative to a community-owned, sustainable model. Implemented […]
ACAP unveils strategic business transformation; sets sight on a new frontier of investments into Sri Lanka
ACAP Stockbrokers (Pvt) Ltd. is entering a new phase of its journey under the stewardship of Stallion Consultancy, ushering in a new era of client-focused investment advisory. At a press conference held on Tuesday, the 5th of May, the financial services company unveiled its bold new brand identity, its reorientation towards a more research-focused approach, […]
The market signal behind India’s new South Asian tech push
As ZKTOR crosses half a million plus beta users across four countries, Softa’s developing local advertising model gives investors a sharper view of trust, commerce and regional scale Sri Lanka is becoming a useful market signal for investors watching ZKTOR’s South Asian push. Developed by Softa Technologies, ZKTOR has crossed half a million plus beta […]
Central Bank and Australia Partner to boost digital financial literacy for MSMEs with Skills for an Inclusive Economy
The Central Bank of Sri Lanka (CBSL) has signed a Memorandum of Understanding (MoU) with Australia’s Skills for an Inclusive Economy program on a pilot initiative to improve digital financial literacy for micro, small and medium enterprises (MSMEs), a critical driver of Sri Lanka’s economic recovery and inclusive growth. The pilot will test targeted approaches […]
DIMO Engine Care Elevates Precision Engineering with a State‑of‑the‑Art, Customer‑Centric Facility
DIMO’s Engine Care unit, one of the company’s long-standing and most technically specialized operations, has undergone a significant transformation, marking a new chapter in its evolution from a traditionally expertise-driven workshop into a modern, customer-focused engineering facility. Its profound technical expertise in handling intricate engine overhauling and machining requirements has long been acknowledged, and it […]
Mels Automobiles (Pvt) Ltd., subsidiary of Melstacorp PLC, appointed official authorised importer and distributor for BMW vehicles in Sri Lanka
Mels Automobiles (Pvt) Ltd., the fully owned subsidiary of Melstacorp PLC, has been officially appointed as the authorised importer and dealer for BMW automotive vehicles in Sri Lanka. Mels Automobiles (Pvt) Ltd. will be responsible for the importation, sales, and distribution of new BMW vehicles, the supply of genuine BMW parts, and the provision of […]