KUKA HOME, one of the world’s largest integrated home furnishing companies, has opened its first showroom in Sri Lanka. Renowned for contemporary furniture designed for modern living at accessible price points, the global brand is represented locally by Finco Homes, the furniture retail arm of Finco Holdings. “KUKA HOME brings more than four decades of […]
Category: Business
Hameedia Ties Up with NOC SL and CGA SL as Team Sri Lanka’s Official Clothing Partner for Upcoming International Sporting Events
Hameedia, Sri Lanka’s leading menswear and lifestyle brand, has been appointed the Official Clothing Partner for Team Sri Lanka, following the signing of a Memorandum of Understanding (MoU) with the National Olympic Committee of Sri Lanka (NOC) and the Commonwealth Games Association (CGA) of Sri Lanka. The signing ceremony was held on 11th August 2026 […]
Teejay Group Strengthens Resilience as Market Conditions Soften in Q1 FY2026/27
The Teejay Group recorded revenue of LKR 15.64 billion in the quarter ended 30th June 2026 of FY2026/27, representing a marginal 1% year-on-year decline. The muted performance was primarily driven by lower sales volumes, continued pricing pressure from key customers and subdued demand across key markets. In addition, geopolitical disruptions, including the Strait of Hormuz […]
JXG Posts LKR 6.4Bn Revenue in Maiden Results Post-CSE Listing, Amid Global Headwinds
Janashakthi PLC (JXG) reported its maiden first quarter financial year 2026/27 (Q1 FY27) results, marking its first reporting period since a successful IPO on the Colombo Stock Exchange (CSE) that was oversubscribed by 3 times. Consolidated revenue stood at LKR 6.4Bn, compared to LKR 7.2Bn in the corresponding period of the previous year, a decline […]
AIA+ offers an all-in-one digital experience that revolutionises customer delight and wellbeing
AIA Insurance Lanka recently launched AIA+, a next-generation platform designed to simplify life insurance while empowering customers to live Healthier, Longer, Better Lives. By integrating insurance services, wellbeing, payments, claims and rewards into a single digital ecosystem, AIA+ sets a new benchmark for innovation in Sri Lanka’s insurance industry while contributing to community wellbeing and […]
Port City Colombo Brings Sri Lanka’s South Asian Investment Proposition to the Maldives
The High Commission of Sri Lanka in the Republic of Maldives, in collaboration with CHEC Port City Colombo (Pvt) Ltd. hosted the Port City Colombo Investor Forum at the Barceló Nasandhura Malé on 10th August 2026, an invitation-only engagement bringing together a curated gathering of senior Maldivian business leaders, investors and developers. The forum marks […]
SLAM Power Solutions Deploys Smart Microgrid at Faculty of Engineering University of Peradeniya to Power Critical Infrastructure
Power Solutions officially commissioned a state-of-the-art microgrid system at the Faculty of Engineering, University of Peradeniya. The initiative addresses long-standing grid instability concerns, providing uninterrupted power for the faculty’s computer laboratories and high-demand artificial intelligence (AI) servers. Conventional backup UPS systems provided only a few minutes of power during grid outages, while traditional diesel generators […]
Momentro Expands AI-Led Impact Across the Asia Pacific Region
Momentro has officially signed a Memorandum of Understanding (MOU) with IACT College, becoming a recognised Education Partner to one of Malaysia’s most established institutions for marketing, advertising, communications, and creative talent. Momentro is an AI-powered growth infrastructure company with its main offices in Sri Lanka and regional offices in Malaysia and Australia. The company connects […]
Sarvodaya Development Finance Strengthens Financial Profile as ‘BBB-’ Rating is Reaffirmed
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 […]
United Motors Lanka Introduces the Latest 2027 Mitsubishi Outlander Sport to Sri Lanka with Expanded Options and Enhanced SUV Capability
United Motors Lanka PLC (UML), the exclusive authorized distributor of Mitsubishi Motors in Sri Lanka, has introduced the latest 2027 model year Mitsubishi Outlander Sport at the Auto Vision Colombo Motor Show. Featuring additional options and enhanced SUV capability, the upgraded compact SUV is designed to offer Sri Lankan motorists greater choice while meeting the […]