The Fabric and Apparel Accessory Manufacturer’s Association (FAAMA), a subsidiary association of the Joint Apparel Association Forum of Sri Lanka (JAAF), hosted its 17th Annual General Meeting (AGM) 2024, at Jetwing Colombo Seven on the 29th of the October 2024. The event was attended by Chief Guest, Mr. Doug Sonnek, the Deputy Chief of Mission, U.S. Embassy […]
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“Nidahas Adahas”: A Flourishing Celebration of Young Talent by Janashakthi Life
Janashakthi Life is excited to announce exceptional success of ‘Nidahas Adahas,’ a groundbreaking initiative that captured the imagination of young artists across the island. With an impressive 12,000 art submissions received, this programme highlights the extraordinary creativity and enthusiasm of youth while providing a powerful platform for emerging talent to shine. By celebrating the diverse […]
Empowering the Future: Apparel Technologies (Pvt) Ltd’s Lectra Stellar Awards 2024 Spotlight Industry Trailblazers at Grand Awards Nite
Pioneering advanced automated solutions in Sri Lanka’s apparel industry, Apparel Technologies (Pvt) Ltd, successfully concluded its eagerly-anticipated ‘Lectra Stellar Awards’ at Shangri-La Colombo, amidst a gathering of the who’s who of the industry. Striving to inspire and sustain an eco-system of healthy competition and excellence, the awards recognized and rewarded outstanding performance in Lectra cutting […]
First Capital Holdings PLC shows Strong Performance in the First Half of 2024/25, reflecting Business Resilience
First Capital Holdings PLC (the Group) recorded a Total Comprehensive Income of Rs. 904 million for the six months ended September 30, 2024, demonstrating resilience in a dynamic market environment, compared to Rs. 9.58 billion in the same period of last year. The Group’s net income before operating expenses for the first half of 2024/25 […]
Building Financial Confidence: First Capital and Room to Read Join Forces on International Day of the Girl
In alignment with its vision to enhance the lives of all Sri Lankans through innovative financial solutions, First Capital recently partnered with Room to Read for the second consecutive year to host a special school visit on October 11th, coinciding with the International Day of the Girl. Employees of First Capital organized this event as […]
Fairway Colombo Introduces Robots to the Hotel Industry: A First in Sri Lanka
In a world where travelers seek more than just a destination, creating unique and memorable experiences has become the cornerstone of the hospitality industry. Recognizing this, Fairway Colombo, a smart luxury business hotel known for its innovative spirit, is set to redefine the guest experience in Sri Lanka by introducing robot operations, becoming the first […]
Classic Travel Awarded for Digital Innovation at the National ICT Awards 2024
Classic Travel is proud to announce its win at the 26th National ICT Awards (NBQSA) 2024 in recognition of its exceptional digital innovation. Being recognized in the In-house (Non-ICT Company) category highlights the company’s commitment to enhancing customer experiences through technology-driven solutions. The prestigious ceremony, held recently, was attended by the Hon. Prime Minister as […]
Janashakthi Life Relaunches Medawachchiya Branch, Offering Improved Services for Greater Customer Convenience
Janashakthi Life celebrated the grand opening of its newly relocated Medawachchiya branch, enhancing service accessibility for the customers. Director/CEO Ravi Liyanage and Deputy CEO Niranjan Thangarajah of Janashakthi Life marked the occasion, reaffirming the company’s commitment to elevating customer experience. Ends. About Janashakthi Insurance PLC Founded in 1994 as a Life Insurance company, Janashakthi Insurance […]
Aitken Spence reports strong results, increasing EBITDA by 10.4% to Rs. 8.9 billion in the first half of 2024–2025.
Leading regional conglomerate Aitken Spence PLC announced an EBITDA of Rs. 8.9 billion for the six months ending September 30, 2024, which represents a growth of 10.4% (excluding effects from foreign exchange gains and losses). Earnings from equity-accounted investors are included in EBITDA, but interest costs, taxes, depreciation, and amortization are not. For the six […]
SpideRadio Telecom Base Stations enters Sri Lanka, enabling 5 G deployment
Hyperjet Technologies Sri Lanka in partnership with SpideRadio Telecommunication Technology Co. Limited, newest entrant in the field of access network solutions in the world, launched SpideRadio telecommunication products in Sri Lanka revolutionising the possibilities of 5G for Sri Lanka’s digital landscape. Hyperjet Technologies firmly believes that this would be an exciting opportunity for all Sri […]