Business
Prime Group launches 43 By The Sea in Marine Drive, Dehiwala
Colombo’s newest most sought-after address is here, with the opening of 43 By The Sea, Marine Drive. More than an average city apartment, this is Prime Group’s most recent venture into curating luxury apartment homes that give Colombo dwellers both a vibrant urban lifestyle and an oasis of calm in the middle of the city, located within convenient distance to the fast-developing Dehiwala town and the commercial capital, Colombo.
The property has been artfully developed by Sri Lanka’s leading and most trusted property developer, Prime Residencies PLC, who won numerous awards recently and recognized as the most respected real estate entity in Sri Lanka for the past consecutive years by LMD magazine, along with many other accolades under their belt.
Located in Colombo’s one of the most popular street Marine Drive, 43 By The Sea, gives its residents an unbeatable ocean view. Residents can enjoy a location with uninterrupted serenity, away from the bustle of city living, whilst thriving in its midst. The residence has a large kids and adults swimming pool, 24-hour security, access controlled entryways, gymnasium, visitors lobby and lounge, kids’ play area, large rooftop terrace, and sky lounge, along with other amenities.
What truly makes 43 By The Sea the ideal choice for a city dweller is its unmatched connectivity. There’s absolutely nothing that’s inaccessible within ten minutes from the residence, be it by car or on foot. Access to supermarkets, restaurants, railway stations, bus stands, banks, schools, and places of worship has never been easier. The apartment is also minutes away from Colombo’s vibrant nightlife.
With 43 By The Sea, Marine Drive, it’s safe to say that Prime Group has gone a step further in interior and aesthetics. Each residence is an oasis of well-finished, curated spaces where one can be inspired, be at peace, and gain a sense of relaxation. The apartment also boasts over 1500 sq ft, large 3BR residences with separate service areas for laundry and maids. This apartment is taking city life from cramped to cozy.
“This is a fantastic investment opportunity where individuals can expect a high ROI,” said Mr Nalinda Heenatigala, Executive Director at the Prime Group. Nalinda further highlighted how the Prime Group has been a trusted partner, consistently delivering results that surpass customer expectations, even during this challenging time for the Sri Lankan economy. The residence is open for investments, from LKR 55 million upwards, with 15-month payment plans available. The superstructure for the project is complete, with finishes currently underway for completion in 2024
Living mere steps from the ocean, residents can feel rejuvenated and energized, at an abode that will always feel welcoming. With over 27 years and 45 luxury apartments in their vast portfolio, Prime Groups presents 43 By The Sea, Marine Drive, revolutionizing apartment living. Contact Prime Residences on +94 710 777 666 or +94 710 777 444 for more information.
Business
SriLankan Airlines Enhances Australia Connectivity with 14 Weekly Flights
11 March 2026; Colombo – SriLankan Airlines is set to increase its weekly service between Colombo and Melbourne to 10 flights, effective from 2 August 2026, with the addition of three more scheduled flights in response to growing demand and evolving market dynamics. The expansion reinforces the airline’s commitment to strengthening its footprint in Australia, recently identified as one of the fastest-growing inbound tourism markets to Sri Lanka, driven by leisure travel and a rising volume of visits by family and friends.
The newly added flights will operate every Tuesday, Thursday and Sunday, departing Colombo as UL608 at 14:10 hrs and arriving in Melbourne at 04:30 hrs the following day. The return service, UL609, will depart Melbourne every Wednesday, Friday and Monday at 06:00 hrs, arriving in Colombo at 12:15 hrs the same day, offering convenient onward connections across the airline’s network. The schedule is designed to maximise time spent in Sri Lanka for leisure travellers while enhancing connectivity for passengers travelling onwards to India via Colombo.
In addition to the new frequencies, the airline will continue operating its daily service, UL604, departing Colombo at 00:20 hrs and arriving in Melbourne at 14:40 hrs, with the return service UL605 departing Melbourne at 16:10 hrs and arriving in Colombo at 22:25 hrs. These services provide seamless connectivity to key destinations across India and beyond.
This addition of flights will provide Sri Lankans with better options when choosing flights between the two countries and enable them to plan their travel more conveniently. The increased frequency will be especially beneficial for the Sri Lankan diaspora living in Australia, providing greater flexibility to visit family and friends while maintaining strong connections with their homeland.
Additionally, Sri Lankan students studying in Australia will find these enhanced services advantageous, as the expanded schedule accommodates academic calendars and holiday breaks, making it easier to travel home and return to their studies. Overall, improved connectivity supports both the expatriate community and students by offering more convenient and accessible travel options tailored to their needs.
The increased frequencies will further strengthen Colombo’s role as a regional hub, enabling Indian travellers to seamlessly connect via Sri Lanka to Melbourne, with convenient schedules and efficient onward connections. For more information and bookings, visit www.srilankan.com or follow us on our social media.
Business
Nestlé Lanka marks 120 years of nourishing Sri Lankan families and livelihoods
Nestlé Lanka Limited this year marks 120 years of operations in Sri Lanka, highlighting a century-long presence that has extended beyond food manufacturing to supporting farmers, communities, youth employment and environmental sustainability.
Established in 1906, the company has grown into one of Sri Lanka’s leading food and beverage manufacturers, today producing more than 90% of the products it sells locally. Over the decades, Nestlé Lanka has built a strong domestic footprint through local sourcing, long-term farmer partnerships and continued investment in manufacturing.
Through widely recognised brands such as Nestomalt, Milo and Maggi, the company has become a familiar presence in Sri Lankan households, offering products designed to meet local nutritional needs. Many of its products are fortified with micronutrients aimed at improving dietary intake, while brands such as Milo and Nestomalt have also supported youth sports and active lifestyles in the country.

Nestlé Lanka’s engagement with local agriculture has also played a role in strengthening rural livelihoods. The company works closely with dairy and coconut farmers, providing technical assistance, skills development and reliable market access as part of its responsible sourcing efforts.
The company has also expanded programmes aimed at improving youth employability. Through the “Nestlé Needs YOUth” initiative, young Sri Lankans are provided with access to training, learning and career opportunities. Partnerships with organisations such as BConnected have also helped promote inclusive employment opportunities for people with disabilities.
Sustainability has become an increasingly central focus of the company’s operations. Nestlé Lanka’s manufacturing facility in Kurunegala operates on 100% renewable electricity, while a biomass boiler commissioned in 2024 has helped reduce carbon emissions from manufacturing. The company aims to achieve net-zero carbon emissions by 2050.
Efforts to reduce environmental impact have also extended to packaging. Nestlé Lanka pioneered the shift from plastic to paper straws in aseptic beverage cartons in 2019 and supported the establishment of Sri Lanka’s first recycling plant for such cartons. The company aims to become fully plastic neutral by 2026.
Chairman and Managing Director Bernie Stefan said the milestone reflects the long-standing trust Sri Lankan consumers have placed in the company and the partnerships it has built across the country over generations.
By Sanath Nanayakkare
Business
Over a century of Business History goes to the National Archives
The Ceylon Chamber of Commerce has formally handed over its historical records to the National Archives Department of Sri Lanka, placing over a century of the nation’s commercial history into the care of the country’s official custodians of heritage.
The historical archive being handed over spans from the Chamber’s founding in 1839 to 1973, and includes correspondence, meeting minutes, reports, ledgers, and publications that chronicle the development of trade, enterprise, and industry in Sri Lanka. Together, these records provide a rare and detailed account of how the island’s economy evolved and how its business community helped shape national progress.
The Ceylon Chamber of Commerce was established on 25 March 1839 on the principle that the interests of commerce and trade are best advanced when merchants unite and cooperate in matters affecting the common good. At the time, Ceylon was among the earliest regions in Asia to establish a chamber of commerce, alongside counterparts in Bengal, Bombay, Madras, Canton, Penang, and Singapore.
From its earliest years, the Chamber played a central role in organising and guiding trade. It played a central role in establishing and growing the export economy built on commodities such as coffee, cinnamon, coconut oil, tea, and rubber, and hosted the island’s renowned tea and rubber auctions. It also developed rules and standards for trading practices, helping create an environment of trust and reliability that enabled Sri Lanka’s commerce to thrive.
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