Business
SLT partners NEMRA Properties to power five condominium projects

The national ICT and digital services provider, Sri Lanka Telecom PLC recently entered into an agreement with NEMRA Properties (Pvt) Ltd., a BOI approved property development and construction company in Sri Lanka to power 5 major condominium projects that are currently under construction in Colombo city.
The agreement signing took place recently at SLT premises in Colombo Fort, with SLT CEO Kiththi Perera and Chief Sales and Regional Officer Imantha WIjekoon signing on behalf of the company while Director Jude Rozarius signed on behalf of Nemra Properties. Several other representatives from both companies were also present to witness the signing of this landmark agreement between the two companies.
Under the newly formed partnership, SLT will provide the ICT infrastructure for five different condominium projects and upcoming projects with 42 units. For the residents of the condominiums, the involvement of SLT in these projects translates into crystal clear voice communication services, ultra-fast and superior broadband connectivity provided through fibre technology, as well as the next revolution in entertainment television via PEO TV.
Jude Rozarius, commenting on behalf of NEMRA Properties gave his view on the significance of the partnership saying, “We have been in the construction business for 15 years, first in Saudi Arabia and then in Sri Lanka. During these 15 years, we have been recognized and awarded many times over for our high quality materials, innovative designs and timely workmanship. Therefore, what we most value and look for in a business partner is their excellence in quality of services, innovativeness and reliability. This is the main reason why we had no second thoughts about selecting SLT to be our partner for these major luxury condominium projects, because of SLT’s reputation for excellence and proven track record in the past. Through our partnership with SLT, I am confident that we will be able to deliver our promises to our clients, and provide them with unique and luxurious lifestyles.”
Imantha Wijekoon speaking on behalf of SLT said, “We are truly honoured to have been selected as the partner of choice by NEMRA Properties and we appreciate the confidence that they have placed on us. SLT is passionate about ensuring that people enjoy higher standards of living in their day to day lives. I am confident that SLT is in a strong position to act as a key enabler for this due to our ICT capabilities, strengths and expertise. We assure NEMRA Properties that their confidence placed on us will be rewarded and that they will be able to deliver the promises made to their clients to provide unique and luxurious lifestyles within close proximity to Colombo.”
SLT will also provide the backbone necessary for “smart buildings” for all condominiums that will facilitate the transformation of ordinary lives of residents into truly digital lifestyles in the near future.
NEMRA Properties has already completed four successful construction projects in Sri Lanka. Their main focus is on design and construction, managing construction projects as well as developing resident and commercial real estates.
Business
From import to export – Finch Foods expands international retail presence to Australia

Finch Foods – pioneering Sri Lankan FMCG brand – is furthering its international expansion with the launch of its retail presence in Australia. The move marks yet another turning point for the homegrown company, following four international market launches under the Finch Foods brand within the space of just three years, a company news release said on Wednesday.
This milestone entry includes a dedicated e-commerce site, a listing on Amazon AU, and ongoing discussions with major supermarket chains, specialty stores, and distributors. Australian consumers can now access Finch Foods’ extensive portfolio of high-quality signature spices and seasonings, coconut products, gluten-free flours, ayurvedic and herbal products, and natural food colourings that showcase the rich variety and distinctiveness of Sri Lankan ingredients, it said.
“Australia has always been a key market for Finch Foods – one with immense potential to enter, develop, and scale,” says Fawaz Fassi, Founder & Managing Director of Finch Foods. “This expansion reflects the growing global demand for authentic Sri Lankan heritage ingredients, and we are excited to bring our unique offerings to Australian consumers.”
Founded in 2015 as a 100 per cent import-driven company, Finch Foods entered the food industry by becoming the exclusive agent for renowned international brands such as Bragg Live Foods (USA), The Berry Company (UK), Kewpie (Japan/Malaysia), Cornish (UK), Pokka (Singapore), and Nando’s Grocery; bringing superior flavours and ingredients from around the world to Sri Lankan consumers.
However, the global pandemic followed by local economic instability severely tested this business model, and in just a few years since inception, it was time for the company to rethink its operations. In 2022 Finch Foods set its sights outwards by looking inwards; having discovered that there was a wealth of incredible spices, herbs, and ingredients to be found right here in Sri Lanka – robust and nuanced flavours that would surely intrigue culinary tastebuds from around the world.
“As a pioneer in culinary innovation, our vision is to harness the rich and diverse culinary tradition of Sri Lanka while also bridging the growing disconnect between food and its heritage,” Fassi adds. “At Finch Foods, we recognized the need to add unique value to our products—offering new and exciting options for consumers while distinguishing ourselves from more traditional exporters in the market.”
In 2023, Finch Foods celebrated the opening of its first independent store in Havelock City Mall, Colombo, and expanded its international footprint; establishing a retail presence in Hong Kong, the Czech Republic, and Canada, becoming a key supplier to Japan, and securing a partnership with global retail giant Lulu Group in the UAE. This shift to exports has allowed the company to adapt to different market requirements, leveraging its wide product range to remain flexible in catering to diverse consumer needs.
“As Finch Foods continues to expand its distribution network and strengthen its presence in Australia, the company is also poised to to focus on accelerating its global expansion, breaking into new markets, while also further diversifying its product portfolio,” the release concluded.
Business
Dearo Investment partners with Ceylinco General Insurance to enhance customer benefits

Dearo Investment Pvt. Ltd. has signed an MoU with Ceylinco General Insurance to provide an insurance scheme for its customers. Under this agreement, every customer who transacts with Dearo from anywhere in the country will receive insurance coverage. The MoU was officially signed on 26 Feb, 2025. The signing ceremony was attended by key representatives from both organisations. Dearo Investment was represented by Chief Executive Officer and Managing Director Prasanna Sanjeewa and Chief Operating Officer Niranjan Warnasooriya, while Ceylinco General Insurance was represented by General Manager S. Thilakesh, Assistant General Manager V.K. Gunathilaka, Area Sales Manager N.G.C. Gunarathna, and Senior Marketing Executive Keshara Hasun. Dearo Investment has flourished as a trusted name in the financial sector with its highly experienced Board of Directors, including Prabash Gunaratne, Upul Edirisuriya, Tharindu Dhananjaya Samarawickrama, Niranjan Warnasooriya, and Thilini Kalhari Ekanayake.
Business
The Residencies Kotte by ICC nears completion ahead of schedule

The Residencies Kotte by ICC is making remarkable progress, moving ahead of schedule towards completion (December 2025). With ICC’s proven track record of on-time delivery and availability running low, this is a rare opportunity to invest in a home that blends modern luxury with a thriving community, said a release.
It said: Now in its final phase, key milestones are being completed at an accelerated pace. From the striking façade to the finishing touches within each apartment, every element is meticulously crafted to meet ICC’s highest standards.
As The Residencies Kotte nears completion, demand has surged. With all two-bedroom apartments already sold out, only a limited number of three-bedroom units remain available. This overwhelming response is a testament to the unmatched value, world-class amenities, and most importantly, the prime location. Nestled in the heart of Kotte, this development offers unparalleled convenience—situated in a highly sought-after neighbourhood that seamlessly blends urban connectivity with the tranquillity of a well-established residential area.
-
Business3 days ago
Cargoserv Shipping partners Prima Ceylon & onboards Nestlé Lanka for landmark rail logistics initiative
-
Sports6 days ago
Sri Lanka to compete against USA, Jamaica in relay finals
-
Features16 hours ago
The US, Israel, Palestine, and Mahmoud Khalil
-
Business3 days ago
Sri Lankans Vote Dialog as the Telecommunication Brand and Service Brand of the Year
-
News16 hours ago
Scholarships for children of estate workers now open
-
News2 days ago
Defence Ministry of Japan Delegation visits Pathfinder Foundation
-
Features3 days ago
The Vaping Veil: Unmasking the dangers of E-Cigarettes
-
News16 hours ago
Seniors welcome three percent increase in deposit rates