Category: Companies
Hayleys sustains growth momentum, reports PBT of Rs.13.33Bn in first half of 2025/26
Achieves Revenue and PBT growth of 13% and 7% during the 2nd quarter of the year supported by both domestic and export-oriented businesses Ranked as Sri Lanka’s leading listed corporate in the 32nd edition of the LMD 100 Accelerates growth through strategic expansion in new verticals The Hayleys Group sustained its strong growth trajectory during […]
Government responds to key industry appeals on VAT and SME needs: SLABA
The Sri Lanka Apparel Brands Association (SLABA), representing all leading Sri Lankan apparel and fashion brands, enthusiastically welcomes theBudget, which addresses the majority of the industry’s key requests to strengthen the domestic apparel ecosystem. Government Hears Industry Voice SLABA commends the Government for responding decisively to industry concerns, particularly the implementation of VAT on imported […]
Policybazaar expands global footprint with tech-led reinsurance entry into SL, Qatar, Oman, and UAE
Policybazaar.com, one of India’s largest insurance platforms, has announced the launch of its reinsurance operations in Sri Lanka, Qatar, Oman, and the UAE. With this move, Policybazaar becomes one of the first India-based intermediaries to introduce a technology-driven reinsurance model across Asia and the Middle East, regions that are rapidly growing yet continue to face […]
Hayleys Plantations partners Solidaridad to strengthen global leadership in Regen Agri
Hayleys Plantations, home of the world’s first Regenagri®-certified tea estate, has entered into a landmark partnership with Solidaridad Network Asia and its Sri Lankan partner Nucleus Foundation to advance regenerative agriculture and carbon insetting programmes across its estates. The Memorandum of Understanding (MoU), signed alongside other plantation sector companies, represents the next phase in the […]
MAS Holdings launches ‘Plan for Change 2030’,towards more sustainable apparel industry
South Asia’s largest apparel-tech conglomerate, MAS Holdings, launched its Plan for Change 2030 at a special event held at Cinnamon Life, Colombo on 09 October 2025. The launch marks an important new chapter in the company’s sustainability journey, outlining an ambitious roadmap to reshape the future of apparel through measurable commitments across Product, Lives, and […]
Singer unveils HONOR magic V5
Singer Sri Lanka PLC is redefining the premium smartphone experience with the launch of the HONOR Magic V5, the brand’s most advanced foldable flagship to date. Designed to merge artistry, intelligence, and performance, the model introduces a new era of mobility, enabling users to unlock productivity and creativity like never before. The HONOR Magic V5 […]
RIUNIT to promote Sri Lanka’s real estate at London investment forum 2025
The Research Intelligence Unit (RIUNIT) together with the High Commission of Sri Lanka in London will hold the Sri Lanka Real Estate Investment Forum: London 2025 on Thursday, 30 October 2025 at the Sri Lanka High Commission, 13 Hyde Park Gardens, Tyburnia, London W2 2LU. The event will take place from 4.30 p.m. to 6.30 […]
Sri Lanka launches National Climate Finance Strategy to drive resilience and net zero transition
As the global climate crisis intensifies, countries like Sri Lanka are grappling with the dual challenge of managing climate risks while financing a just transition. With climate-related damages exceeding LKR 50 billion annually,[1] financing climate action is central to Sri Lanka’s development agenda. Led by the Ministry of Finance, in collaboration with the United Nations Development […]
RIUNIT apartment market analysis: Colombo 5 shines
When conducting the latest analysis of real estate data (Q3 2025), one of the most positive observations that can be made is with respect to the recovery of the apartment market prices in Colombo measured in USD. Whilst average apartment prices, measured in LKR continued to witness an upward incline, even during COVID and the […]
EDB “Trade Facilitation Task Force” Convenes to Enhance Export Efficiency
As a strategic step towards developing a mechanism to address challenges in the export value chain, the Export Development Board (EDB) has established a Trade Facilitation Task Force, which held its second networking session today (October 14) at the Export Development Board. The event was attended by Mr. Mangala Wijesinghe, Chairman and Chief Executive Officer […]
LMD 100 recognises Hayleys as Sri Lanka’s leading listed corporate for 2024/25
Tops ‘Sri Lanka’s version of the Fortune 500’ for the 10th time Contribution of 5.4% to national export income in 2024-25 ‘AAA (lka)’ National Long-Term (with a stable outlook) by Fitch Ratings for 2025 Hayleys PLC has been ranked as Sri Lanka’s leading listed corporate in the 32nd edition of the […]
Opinion: A safer digital space for Sri Lankan young minds to learn, explore and create
By Ferdous Mottakin, Head of Public Policy & Government Relations for SouthAsia at TikTok When I think about the potential of digital platforms, I don’t see them as just platforms for trends or entertainment. I see them as potential bridges for connecting young minds with each other to share ideas, knowledge, and opportunities. In Sri […]