Category: Industry
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Fitch Ratings has assigned DFCC Bank PLC’s (A(lka)/Stable) proposed Sri Lankan rupee-denominated senior unsecured listed blue bonds of up to LKR3 billion an expected National Long-Term Rating of ‘A(EXP)(lka)’. The bonds, which would be the first listed blue bond issuance in Sri Lanka, will mature in three, four or five years. The proceeds from the […]
Terra Motors, Japan’s Leading EV Innovator, Enters Sri Lanka with Electric Three-wheeler
Terra Motors, a leading Japanese electric mobility company, has announced its entry into the Sri Lankan market with the launch of its flagship electric three-wheeler, Kyoro. It is Terra Motors’ next-generation electric three-wheeler, built for both passenger mobility and last-mile logistics. With a top speed of over 55 km/h, an extended range of up to […]
Marco Polo Makes Its Grand Debut with Flagship Store at One Galle Face Mall
Marco Polo, the premium modern casual wear brand inspired by the legendary explorer, has officially launched its flagship store at One Galle Face (OGF) Mall, Level 2, Shop No. 27. The opening marks a significant milestone for the brand, introducing Sri Lankan consumers to a refined fashion experience rooted in exploration, craftsmanship, and timeless style. […]
CA Sri Lanka & CFA Society Sri Lanka to Host Expert Panel on Bridging Market–Financial Reporting Gap
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), in collaboration with CFA Society Sri Lanka, will host an expert session titled “Unpacking Intangibles: Bridging the Gap Between Market Value and Financial Reporting” on 9th September 2025. In today’s knowledge-driven economy, intangible assets such as intellectual property, brand reputation, and data are the […]
MAS bags major honours at Mercantile Badminton Tournament
In a show of ultimate brilliance, Team MAS led by their captain Randika Fernando let the shuttle do the talking as they displayed amazing sporting spirit and stamped their authority at the recently concluded Mercantile Badminton Tournament clinching a Grand Slam Championship title and a Bowl Championship 2 nd Runners-up spot during the multi-day tourney […]
Ceylinco Life posts premium income of Rs. 22.45 bn. in 1H 2025
Ceylinco Life has reported gross written premium of Rs. 22.45 billion and total income of Rs. 36.49 billion for the first half of 2025. Premium income for the six months ending 30th June 2025 was up 12.5 per cent over the corresponding period of last year, while investment and other income for the period totaled […]
ComBank becomes the first Sri Lankan bank to cross USD 1 Bn. in market cap
Rings ceremonial bell at Colombo Stock Exchange to celebrate milestone The Commercial Bank of Ceylon PLC’s milestone of becoming the first bank in Sri Lanka with a market capitalisation of more than US$ 1 billion was celebrated at the Colombo Stock Exchange (CSE), where the Bank was invited to ring the ceremonial bell. Commercial Bank […]
Global Dialogue Forum gathers World leaders in Colombo on AI, energy, food & cybersecurity
Global Dialogue Forum (GDF) partnering Club of Rome’s India affiliate, is hosting a unique international conclave at the Galle Face Hotel, Colombo, bringing together leading global experts, policy framers, decision makers to explore the frontiers Artificial Intelligence (Ai) can breach to overcome challenges in green energy, food security and cyber security. It differs from the […]
Sri Lanka’s property market gains spotlight with Minoli Wickramasinghe on global stage
Minoli Wickramasinghe, Managing Director of Capital Trust Properties, recently represented Sri Lanka at two major international real estate forums in Singapore, spotlighting the nation’s evolving investment landscape and resurgence as a regional property destination. At the APAC Forum 2025, hosted by Leading Real Estate Companies of the World® (LeadingRE) under the theme “Connecting Beyond Borders”, […]
Mahindra Ideal Finance rolls out revolving credit solution for multi brand vehicle importers and SMEs
Mahindra Ideal Finance Ltd. (MIFL), one of Sri Lanka’s fastest growing finance company, today announced the launch of the MIFL Revolving Business Loan – a customized loan facility designed to address the short-term working capital needs of multi brand vehicle importers and other SME business owners across the country. The MIFL Revolving Loan product has […]
Maersk Line Strengthens Ties with SLPA Terminals; Signs Three-Year Terminal Service Agreement
In a significant step toward strengthening Sri Lanka’s position as a regional maritime hub, Maersk Line has signed a three-year Terminal Service Agreement (TSA) with the Sri Lanka Ports Authority (SLPA). The agreement is expected to foster business growth, enhance operational efficiency, and pave the way for stronger collaboration between the global shipping leader and […]
Interview: Sri Lanka’s real estate sector continues to attract top-tier FDI
According to the real estate research division of the Research Intelligence Unit, the island’s real estate sector is currently experiencing a revival in foreign investor interest. Herein, we take great pleasure in conducting an exclusive interview with Tristan Wu, Country Head / Director of BailiInvestments.Lanka Pvt Ltd. Can you explain the inspiration behind what will […]