Prime Lands Residencies PLC Secures the Historic Otters Club Car Park Property to Develop “The Elizabeth” — A Defining New Address in Colombo 7
Colombo, Sri Lanka – Prime Lands Residencies PLC has secured the historic Otters Club Car Park property in Colombo 7 through a recently concluded agreement with the Urban Development Authority (UDA), marking one of the most significant residential land acquisitions in the district in recent years. The property will be developed into ‘The Elizabeth’, a […]
Sri Lanka apparel exports ease in January while UK market remains stable
Sri Lanka’s apparel exports declined by 2.66% year-on-year in January 2026, falling to US$ 425.44 million from US$ 437.07 million in January 2025, reflecting continued pressure across key export markets. Exports to the US fell by 2.73% to US$ 165.11 million, while exports to the EU (excluding the UK) declined by 1.93% to US$ 126.99 […]
Uniting the Pulse of a Nation: How Coca-Cola Sits at the Heart of Every Sri Lankan Cricket Fan
The streets of Colombo are vibrant, the air in Kandy is electric, and from Galle to Jaffna, there is only one conversation dominating the island, which is the ICC Men’s T20 World Cup. Following Sri Lanka’s recent exhilarating victory against Australia, the spirit of Sri Lankan cricket has reached a fever pitch. In the midst […]
TWC Capital Advises CBL Group on USD 25 Million Indonesian Acquisition
Colombo, Sri Lanka, February 2026 – TWC Capital (PVT) LTD, the corporate financial advisory arm of TWC Holdings, acted as the exclusive buy-side financial adviser to CBL Group on its acquisition of PT Tri Jaya Tangguh Indonesia (TJT), a large-scale coconut processing facility in Indonesia, with an investment exceeding USD 25 million. This transaction marks […]
Why Sri Lanka still matters to Oniverse: Quality, capability, and a fresh EUR 30 million investment
With Omega Line entering its 28th year in Sri Lanka, the company operates as part of Oniverse Group (formerly the Calzedonia Group), a global fashion business with an integrated model spanning design, retail, and manufacturing across multiple international brands. The Group says Sri Lanka remains a key pillar of its manufacturing network, supported by the […]
Smart Quest celebrates over a decade of partnership with Coach Master Academy Global
To bring ICF Coaching Standards to Sri Lanka 11 February 2026: As the demand for professional coaching surges globally, Smart Quest Consultancy announces its next intake for the internationally accredited Coach certification programme. As Sri Lanka’s exclusive CMA Global representative, Smart Quest brings ICF-aligned training to meet the growing need for qualified coaches across organisations, […]
Huawei Releases Top 10 Trends of Smart PV & ESS 2026
As renewable energy moves from rapid expansion to system-wide integration, the industry is confronting a new set of challenges—grid stability, cost efficiency, and intelligent coordination at scale. In response, Huawei Digital Power has introduced its Top 10 Trends of Smart PV & ESS 2026, outlining how solar, wind, and energy storage can evolve into dependable, […]
Softlogic Life surpasses Rs. 40 Bn GWP in FY25; doubles key financial metrics over four years
Softlogic Life delivered a strong financial performance for the year ended December 31, 2025, recording a Gross Written Premium (GWP) of Rs. 40.1 billion delivering a robust year-on-year growth of 27% whilst taking significant strides to expand and further develop its business portfolio with the addition of the Allianz Life Insurance Lanka business. Softlogic Life […]
Softlogic Life becomes Sri Lanka’s first insurer to join global carbon accounting initiative PCAF
Softlogic Life has become the first insurance company in Sri Lanka to join the Partnership for Carbon Accounting Financials (PCAF), a global, industry-led initiative that enables financial institutions to measure, manage, and disclose greenhouse gas emissions associated with their financing and investment activities. The milestone places Softlogic Life at the forefront of climate accountability within […]
Prime & Melwa Acquire 4 Acres of Premium Waterfront Land in Port City Colombo for USD 57.6Mn
Prime and Melwa, two Sri Lankan business powerhouses, have joined forces to mark a defining milestone in Sri Lanka’s most ambitious urban development initiative. The partnership has secured one of Port City Colombo’s best marina front land parcels, spanning over four acres and overlooking the stunning Indian Ocean. The site is set to host a […]
