Business
Frostaire celebrates 41 years as Sri Lanka’s leading air conditioning and refrigeration brand
Frostaire Industries (Pvt) Ltd., Sri Lanka’s pioneer air conditioning and refrigeration solutions provider, celebrates 41 years of developing and introducing superior home and industry cooling systems to the country. To commemorate the occasion, the company will be offering free air conditioner servicing to all of its customers on any Frostaire appliance and system, with special gifts of gratitude for its long-standing clients.
Founded in 1980 as a refrigerator and air conditioner manufacturing and repair company which, over the years, was quick to adapt to local demand and international market trends, broadening its product line and diversifying its portfolio even before the need arose.
In 1990 the home-grown brand became the first to introduce retail ice to Sri Lanka under the name ‘Frosty Ice’. Frostaire also pioneered the local manufacture of cold rooms and freezer trucks, to help facilitate the efficient management of the country’s cold supply chain.
“2021 marks another monumental year for Frostaire,” said Mukthar Marikkar, Frostaire Managing Director. “Investing in our client and partner relationships, as well as our heritage of introducing state-of-the art cooling systems, continues to fuel our innovation and culture of continuous improvement.”
From single unit air-conditioners and refrigerators for the home, to commercial refrigerated warehousing, storage, and transport solutions -for perishable food, beverages, and medicines-, the Frostaire name has come to be recognized for excellence, as well as an efficient and reliable distributer of high-quality, contemporary cooling solutions, a company news release said.
“Additionally, its comprehensive product portfolio has resulted in a fast-expanding clientele, with several large-scale deployments by private sector organisations, government institutions, well-known food and retail chains, and individual industry professionals, and tens of thousands of units provided and installed island-wide.”
Among the many global names it has acquired to supplement its suite of products, Frostaire has also been awarded the status of sole agent and dealer of Thermo King truck and trailer refrigeration units sales and services in Sri Lanka, and has now established a well-equipped Thermo King Service Center in Welisara, made available to assist clients with their specific chiller and freezer truck service requirements. This is in addition to Frostaire’s one-of-a-kind in-house R&D lab, and one of the largest installed bases of air conditioning and specialized refrigeration appliances in the country, the release said.
“With customer experience always its highest priority, Frostaire is also committed to delivering superior after-sales customer care by harnessing four decades of industrial and technical expertise to give back to the consumer,” it added.
To avail Frostaire’s free A/C servicing anniversary offer, the company asked customers to contact 0718 958 958 to make an appointment, and a professional team will visit home or facility (following all COVID-19 safety and precautionary measures) to provide free-of-charge advisory and servicing of the air-conditioning or refrigeration units in question, the company said.
“Now, 41 years later, and with plans for future expansion, Frostaire can proudly say that its cooling solutions have been largely responsible for keeping Sri Lankans comfortable in their homes, productive at work, and their food cool and safe in kitchens, on trucks, and in stores,” the release cocluded.
Business
Indo-Sri Lanka Chambers forge alliance to drive infrastructure and real estate investment
By Sanath Nanayakkare
In a major boost to bilateral economic ties, the Chamber of Construction Industry of Sri Lanka (CCISL) and the Indo–Sri Lanka Chamber of Commerce & Industry (ISCCI) have signed a strategic Memorandum of Understanding (MoU) to deepen cooperation in real estate, infrastructure, and urban development.
The agreement establishes a formal framework for both institutions to drive collaborative initiatives, including business delegations, high-level conferences, workshops, B2B matchmaking sessions, and technical site visits. Designed to bridge businesses, government institutions, and project stakeholders across the Palk Strait, the partnership aims to unlock new avenues for cross-border joint ventures and technology transfers.
A focal point of this newly minted partnership is the facilitation of an upcoming trade delegation from the National Real Estate Development Council (NAREDCO) of India. Comprising major Indian players in the real estate and infrastructure sectors, the visiting delegation will engage in targeted business meetings, workshops, and inspection tours of prominent construction projects in Sri Lanka.
Under the terms of the MoU, CCISL will serve as the principal host coordinator in Sri Lanka. In close consultation with ISCCI, the apex construction body will curate itineraries, identify viable projects for engagement, and facilitate high-level dialogues with key government agencies, regulatory bodies, and industry leaders.
With both nations prioritizing sustainable urban growth, modern construction technologies, and infrastructure expansion, industry leaders view the partnership as a timely catalyst for economic rejuvenation. The collaboration is anticipated to accelerate market access, knowledge exchange, and foreign direct investment into Sri Lanka’s burgeoning property and development sectors.
To ensure the success of the upcoming NAREDCO delegation, CCISL has issued an urgent appeal to statutory authorities and relevant project owners to come forward with viable investment proposals. Stakeholders holding projects seeking foreign investment or technical partnerships are invited to submit comprehensive details to the Secretary General and CEO of CCISL via email at secyces@gmail.com.
Both chambers emphasize that translating this foundational agreement into tangible partnerships and robust capital flows will significantly strengthen bilateral connectivity between the construction and real estate sectors of India and Sri Lanka.
Business
Hettich celebrates a decade in Sri Lanka with partner meet in Colombo
Hettich, the globally renowned German manufacturer of furniture fittings and architectural hardware known for its state-of-the-art manufacturing plants and magical interior solutions across the world celebrated a significant milestone in Sri Lanka, marking 10 years of presence in the country with its inaugural Partner Meet in Colombo.
The landmark event brought together Hettich’s key partners, stakeholders and industry leaders to celebrate a decade of growth, collaboration and shared success, while reaffirming the company’s long-term commitment to the Sri Lankan market.
Over the past decade, Hettich has strengthened its presence in Sri Lanka through its focus on German engineering, innovation, quality and functionality, contributing to the creation of contemporary and intelligently designed living and working spaces across the country.
The gala evening was graced by a distinguished delegation of senior leaders, including Dr. Andreas Hettich, Chairman, Hettich Group Advisory Board; S. K. Poddar, Chairman, Hettich India & Adventz Group; Mr. Akshay Poddar, Director, Hettich India; Andre Eckholt, Managing Director, Hettich India, SAARC, Middle East & Africa; Rahul Thakkar, Director – Sales, Hettich India & SAARC; and Dinusha Bhaskaran, Managing Director, Vallibel One PLC.
Business
GS Evo Motors launches all-new JMEV EWIND
GS Evo Motors Limited, the authorized distributor of JMEV electric vehicles in Sri Lanka, has officially launched the JMEV EWIND, a next-generation compact electric SUV. The vehicle is designed to offer strong performance, intelligent technology, premium comfort, and high safety standards, marking another milestone in Sri Lanka’s growing electric mobility sector.
The EWIND features a sleek, aerodynamic exterior with penetrating LED daytime running lights, trapezoidal chain-inspired LED tail lamps, 19-inch alloy wheels, and a bold silhouette. Inside, it offers a spacious cabin with a panoramic moonroof and retractable curtain, an ultra-thin suspended instrument panel, a D-shaped multifunction steering wheel, multi-colour ambient lighting, premium finishes, and electrically adjustable front seats.
The SUV is available in single-motor front-wheel drive configurations, producing up to 108 kW and 210 Nm, with 0–100 km/h acceleration in 8.9 seconds.
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