Teejay Group, Sri Lanka’s first multinational textile manufacturer delivered a remarkable financial performance by posting a Profit After Tax of LKR 2.8 billion marking a substantial 152% year-on-year growth during the year ended 31st March 2025. The strong bottom-line performance was driven by the rapid execution of strategic initiatives, effective cost optimisation and Teejay’s ability […]
Hayleys Solar, the renewable energy arm of Hayleys Fentons Limited, and Mercantile Investments and Finance PLC have signed a Memorandum of Understanding (MoU) to collaborate on making solar power more accessible and affordable to customers nationwide in Sri Lanka. Through this partnership, the two companies will combine their resources, expertise, and networks to offer long-lasting […]
In its continuous efforts to expand its reach and advocate financial inclusivity across Sri Lanka, Mercantile Investments recently opened two new branches in the Northern Province. These launches mark the 74th and 75th branches open by the company, further cementing its commitment to accessible, community-based financial services. The 74th branch was open at No. 151, A9 Road, Kilinochchi […]
At FutureNet World 2025 in London, Huawei was honored as the first vendor to receive the Autonomous Network Operations award, reflecting the growing momentum of Autonomous Networks (AN) in the communications industry. FutureNet World is an industry platform dedicated to network automation and AI. The 2025 event brought together over 700 industry leaders from global […]
Solidifying its leadership in Automotive Excellence in Aftersales Solutions, DIMO, the Exclusive Authorized General Distributor for Mercedes-Benz in Sri Lanka, won the prestigious “General Distributor Award” at the Mercedes-Benz Service Excellence – Regional Award Ceremony, surpassing the peers in the Southeast Asia region. As the Authority in automotive excellence for over 85 years, this recognition […]
As part of its legacy of empowering local sporting events, Perera & Sons (P&S) recently stood as a sponsor of the Hill Club Open tennis tournament for the third consecutive year. The tournament, which was halted due to the Pandemic, resumed in 2023, thanks largely to the support of Perera & Sons and the company’s […]
Hayleys Solar, the renewable energy arm of Hayleys Fentons Limited, has renewed its successful partnership with Cargills Group, Sri Lanka’s leading entity in modern retail, FMCG, and restaurants, to progress with the second phase of solar energy installations islandwide. The first phase, boasting a delivery of 2.4 MW of solar power, covered 21 Cargills Food […]
On April 29, 2025, at the 4th Huawei Innovative Data Infrastructure (IDI) Forum in Munich, Germany, Huawei launched the AI Data Lake Solution, designed to accelerate AI adoption across industries. Peter Zhou, Vice President of Huawei and President of Huawei Data Storage Product Line, introduced the solution in his keynote speech: “Data Awakening, Accelerating Intelligence […]
Associated Motorways (Pvt) Ltd. (AMW), the authorized distributor of Nissan vehicles for Sri Lanka is excited to announce the launch of the New Nissan Magnite in Sri Lanka with bold aesthetics, enhanced safety, and advanced tech. The Nissan Magnite’s bold presence is accentuated by a tougher, more robust exterior that exudes confidence and enhances its […]
Hayleys Fentons Limited, the No.1 MEP contractor in Sri Lanka has been honoured with the Excellence Award in Mechanical Engineering at the Annual Construction Competition – Western Province 2025, presented by the National Construction Association of Sri Lanka. This recognition underscores our expertise in the comprehensive Supply, Installation, Testing, and Commissioning of advanced Fire Detection […]