David Pieris Group is pleased to announce that D P Logistics (Private) Limited has officially changed its name to David Pieris Logistics (Private) Limited (DPL), marking a significant milestone in the company’s continued growth and integration within the Group’s expanding logistics portfolio. The name change reflects the company’s strengthened identity under the David Pieris Group […]
The Teejay Group recorded revenue of LKR 60.04 billion during the period, reflecting a 10% year-on-year decline, primarily due to continued softness in global textile demand. This performance was largely impacted by reciprocal tariffs imposed by the United States, intensified pricing pressures across key markets, and the resulting decline in volumes, all of which collectively […]
The Inland Revenue Department (IRD) has introduced several amendments to the country’s tax administration framework aimed at identifying individuals liable to pay taxes and broadening Sri Lanka’s tax base, Commissioner General of Inland Revenue Rukdevi Fernando said. Addressing the inaugural session of a special media workshop on the amendments introduced under the Inland Revenue (Amendment) […]
As Sri Lanka pursues an ambitious target of US$ 36 billion in export earnings by 2030, exporters are urging authorities to address a series of long-standing regulatory, operational and policy issues that affect competitiveness across several sectors identified as priorities for the country’s export growth agenda. The National Chamber of Exporters of Sri Lanka (NCE) […]
The Sri Lanka Association for the Advancement of Quality and Productivity (SLAAQP) hosted the National Convention on Quality and Productivity (NCQP) 2026 on June 17, at the Mount Lavinia Hotel, Colombo. The event brought together over 2,000 delegates from more than 100 organisations, making it the largest edition of the convention to date. Held under […]
BCAS Campus launched its academic partnership with London South Bank University (LSBU), United Kingdom, at a special launch and media event held on June 15, 2026 in Colombo. The partnership marks a significant milestone in BCAS Campus’ continued efforts to expand access to internationally recognised British higher education opportunities for students ín Sri Lanka. Through […]
Seylan Bank PLC has entered a strategic partnership with Sathosa Motors PLC (SML), a longstanding name in ISUZU vehicle imports in Sri Lanka, to introduce a dedicated leasing facility for customers purchasing commercial and passenger vehicles. Formalised through a Memorandum of Understanding (MoU), the collaboration aims to provide customers with improved access to financing solutions, […]
Assetline Insurance Brokers (Pvt) Ltd (AIBL), the insurance arm of the David Pieris Group and one of Sri Lanka’s leading insurance brokering companies, has entered into a strategic partnership with Toyota Lanka (Private) Limited through the signing of a Memorandum of Understanding (MoU), aimed at delivering enhanced value, convenience and comprehensive insurance solutions to customers […]
Lions International Multiple District 306 continues to lead rebuilding efforts across Sri Lanka following the Ditwah floods, supported by nearly US$500,000 mobilised for disaster relief and recovery, including a significant grant from the Lions Clubs International Foundation (LCIF). When the floods occurred, Lions across the country mobilized, providing affected communities food, necessary supplies, and immediate […]
The government aims for a multi-cloud hybrid system, integrating public and resident cloud infrastructures to drive the digital economy, Dr. Hans Wijayasuriya, Chief Advisor to the President on Digital Economy told the Grounded Sovereign Cloud Symposium 2026 held in Colombo on June 17. Sri Lanka aspires a 5x growth in its digital economy from around […]