Category: Company

JXG, together with Ceylon Chamber of Commerce, launches BREAKTHROUGH to advance national entrepreneur development

(Left to right): Representing The Ceylon Chamber of Commerce, Manori Dissanayaka, Senior Assistant Secretary General; Dr. Nirmal De Silva, Lead Consultant; Shiran Fernando, Secretary General & CEO; and Krishan Balendra, Chairperson, exchange a cheque to mark the launch of BREAKTHROUGH with C.T.A. Schaffter, Founder & Chairman Emeritus; Ramesh Schaffter, MD/Group CEO; Dilshan Wirasekara, Deputy CEO; […]

Aberdeen Group Appoints Thulci Aluwihare as Chairman at Ex-pack Corrugated Cartons

Aberdeen Group announces that Mr. Sattar Kassim will retire from the Board of its listed subsidiary, Ex-pack Corrugated Cartons PLC, with effect from 18th November 2026, relinquishing his position as Chairman from the same date. At its meeting held on 9th November, the Board of Ex-pack resolved to appoint Mr. Thulci Aluwihare, an Independent, Non-Executive […]

Why Sri Lanka’s plantation future demands a new investment outlook

By Shanaka Samaradiwakara, Chairman, Planters’ Association of Ceylon A tea bush planted today may take five years to produce a crop, a decade to generate meaningful returns and more than 20 years to repay the investment. Yet Sri Lanka’smregional plantation companies have only 19 years remaining on their leases. This is the contradiction at the […]

Fitch-Ratings

Fitch Revises Sri Lanka Telecom to ‘AA+(lka)’ Following National Rating Scale Recalibration

Fitch Ratings has revised Sri Lanka Telecom PLC’s (SLT) National Long-Term Rating to ‘AA+(lka)’ from ‘AA-(lka)’ following the recalibration of the Sri Lankan National Rating scale. The Outlook is Stable. The recalibration reflects changes in the relative creditworthiness among Sri Lankan issuers following Fitch’s upgrade of Sri Lanka’s sovereign Long-Term Local-Currency Issuer Default Rating (IDR) […]

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Fitch Upgrades Kotagala Plantations to ‘B-(lka)’; Outlook Stable

Fitch Ratings has upgraded Kotagala Plantations PLC’s National Long-Term Rating to ‘B-(lka)’, from ‘CCC(lka) and assigned a Stable Outlook. The upgrade factors in improving liquidity as Kotagala accessed new bank financing in the financial year ended March 2026 (FY26), and continued to deleverage by repaying debt. However, the company continues to face refinancing risk because […]

Sunshine-Holdings

Sunshine Holdings records strong growth in 1HFY27 with revenue up 24.4-pct

Diversified Sri Lankan conglomerate Sunshine Holdings PLC (CSE: SUN) reported strong top-line and bottom-line growth during the six months ended 30 September 2026 (1HFY27), recording a consolidated revenue of Rs. 40.2 billion, an increase of 24.4% year-on-year (YoY). The Group’s profit after tax (PAT) increased by 44.3% YoY to Rs. 3.7 billion, supported by the […]

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Dialog Axiata formulates Enterprise Strategy with MTI Consulting

Malaysia’s Axiata subsidiary Dialog has just completed their enterprise strategizing exercise in collaboration with MTI – with the focus on both Telco (Connectivity) and Tech-Co (ICT). As Sri Lanka’s leading enterprise connectivity provider, Dialog Enterprise continues to drive digital transformation by integrating advanced ICT solutions with robust connectivity infrastructure. This dual focus ensures enterprises can […]

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Sri Lanka International Insurance Summit 2026 advances regional dialogue on resilience, inclusion and insurance innovation

The Sri Lanka International Insurance Summit 2026 concluded in Colombo following three days of high-level discussions focused on strengthening the role of insurance in building economic confidence, protecting communities and supporting sustainable growth amid an increasingly complex global risk environment. Organised by the Insurance Association of Sri Lanka, the second edition of SLIIS was held […]

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