Category: Companies
Registrations now open for Sri Lanka economic and investment summit 2026
Ceylon Chamber of Commerce is pleased to announce that registrations are now open for the Sri Lanka Economic & Investment Summit 2026 (SLEIS 2026), taking place on 12th and 13th October at the Shangri-La Colombo. Held under the theme “Positioning Sri Lanka in a Changing Global Economy: Resilience, Reform, and the Future of Economic Policy,” […]
Ceylon Tobacco Company PLC appoints Adrian Lee Peng Yong as finance director
Ceylon Tobacco Company PLC (CTC) today announced the appointment of Adrian Lee Peng Yong as its Finance Director, effective from 1st August 2026. Mr. Adrian Lee Peng Yong takes on the role, continuing the company’s legacy of world-class financial stewardship and strategic excellence. A seasoned veteran within the British American Tobacco (BAT) Group, Adrian brings […]
Raising the bar: Clinical governance, transparency and innovation in Sri Lanka’s private healthcare sector
Sri Lanka’s public healthcare system carries an enormous load. Hospitals are stretched, waiting lists are long, and the demand for specialist care continues to grow. It is within this reality that private healthcare has stepped into a role far greater than many give it credit for. The Association of Private Hospitals and Nursing Homes has […]
Janathakshan and Coca-Cola Foundation conclude a high-impact plastic waste management project
Janathakshan GTE Ltd, with funding support from The Coca-Cola Foundation, has successfully concluded the project “Strengthening Women and Youth Engagement in Informal Waste Management in Sri Lanka (SWYFT)”. Running from August 2024 to May 2026 across the Kandy, Nuwara Eliya, Matale, and Kurunegala districts, this multi-district initiative significantly strengthened plastic waste management systems and championed […]
Sri Lankan drone startup Scouts closes investment round at LKR 1.6Bn valuation, gearing up to take on regional intelligent robotics market
Scouts, Sri Lanka’s pioneering intelligent drone and robotics company, has closed a funding round at a valuation of LKR 1.6 billion. In a market that has historically exported its engineering talent rather than retaining it, the round represents something more than a financing milestone. The company offers an economically viable solution for security, from small […]
Colombo Dockyard charts new course under Indian ownership as MDL partnership opens doors to regional maritime growth
Colombo Dockyard PLC (CDPLC) successfully concluded its 43rd Annual General Meeting (AGM) on 25 June 2026, marking its first AGM following the acquisition of a majority stake by Mazagon Dock Shipbuilders Limited (MDL), India. The Company said the new strategic alignment with MDL is expected to unlock fresh growth avenues, enhance technical capabilities, and strengthen […]
Government to back apparel exporters with land reforms, ‘Plug and Play’ factories
President Anura Kumara Dissanayake chaired a discussion at the Presidential Secretariat on Monda aimed at resolving challenges facing Sri Lanka’s apparel sector and boosting the country’s export earnings. The meeting brought together top business leaders and investors from the industry to discuss practical hurdles and the support needed to roll out the Export Development Board’s […]
Amana Takaful PLC concludes rights issue, Raises over Rs. 1Bn amid strong shareholder demand
Amana Takaful PLC has successfully closed its Rights Issue, raising more than Rs. 1 billion through the allotment of over 52.8 million new ordinary voting shares priced at Rs. 19 each. The offer, extended exclusively to existing shareholders, was oversubscribed by 68.8%, signaling solid investor confidence in the company’s direction. The response builds on a […]
Hayleys Fabric PLC and USJP establish SL’s first antibiotic resistance baseline for Kelani river basin
Hayleys Fabric PLC, a subsidiary of Hayleys PLC, and the University of Sri Jayewardenepura have completed Sri Lanka’s first comprehensive study on antibiotic resistance in the Kelani River Basin, a freshwater system that supplies drinking water to over 80% of the Greater Colombo region and supports more than a quarter of the national population. Conducted […]
HNB PLC and IESL sign MoU to extend exclusive financial benefits to Sri Lanka’s engineering community
HNB PLC, Sri Lanka’s leading private sector bank, signed a Memorandum of Understanding with the Institution of Engineers Sri Lanka (IESL) on 20 May 2026 at HNB Towers, establishing a formal partnership to extend a suite of exclusive financial benefits to IESL’s membership base of over 25,000 engineering professionals across the country. Under the arrangement, […]
Sri Lanka’s largest battery energy storage programme to strengthen grid stability and accelerate renewable energy integration
Sri Lanka is set to commission battery energy storage capacity across 16 substation sites nationwide, marking the country’s largest energy storage programme to date. The initiative represents a significant step in strengthening the national grid and supporting the country’s transition toward a cleaner and more resilient energy system. Each Battery Energy Storage System (BESS) is […]
Evolution Auto launched the Xpeng G6 in Sri Lanka marking a new era in premium electric mobility
Evolution Auto Private Limited the authorised distributor for Xpeng in Sri Lanka, officially launched the New Generation Xpeng G6 at its multi brand showroom in Colombo 05 on 22 May 2026, marking a significant milestone in the country’s rapidly evolving electric vehicle landscape. The launch event brought together media representatives, industry stakeholders, and invited guests […]