Business
Softlogic GLOMARK now at Thalawathugoda
Awarded as Sri Lanka’s best supermarket in 2021 by Retail Asia, Softlogic Supermarkets (Pvt) Ltd continues to inspire the country’s deserving consumer with another one-of-a-kind global supermarket experience with GLOMARK Thalawathugoda, its 12th outlet located at No. 539/551, Pannipitiya Road, Thalawathugoda which was opened on the 22nd of February 2022.
GLOMARK Thalawathugoda provides an exceptional international supermarket experience bringing the best of local and international shopping to elevate its exclusive lifestyle offering to an astute clientele in and around the area. The latest outlet combines the convenience of grocery shopping with an extended bakery range and an assortment of hot food, organic produce, household goods, a ground floor Asiri pharmacy and a Softlogic Max with an extended area for consumer electronics, homeware and furniture spanning across a total of over 15,000 Sq.ft of retail space.
Chairman / Managing Director of Softlogic Holdings PLC Ashok Pathirage, who graced the occasion on Tuesday, at the grand ceremony shared his thoughts, “It is an exciting occasion to see how Softlogic GLOMARK has taken the supermarket experience to a greater height and captured the hearts of its customers by bringing the finest to improve customer lifestyle, even through challenging times. GLOMARK promises to deliver a significantly distinctive experience than any other supermarket, with its wide range of categories inclusive of exclusive products from across the globe to cater to all who aspire to experience the global taste and wants the best. The latest store will not only redefine service to our valuable customers, but will also entail a vibrant ambience along with the scenic view of the Diyawanna lake” He added further.
Softlogic Holdings PLC, is one of Sri Lanka’s most dynamic and progressive conglomerates, with industry leadership in six business verticals – ICT, Healthcare, Retail, Financial Services, Automobiles and Leisure. The Group employs over 11,000 people in Sri Lanka and Australia and operates an asset base of over USD750 Mn to generate an annual turnover of more than USD420 Mn. Softlogic’s diverse industry portfolio is a key factor in its ability to create value, providing it with the choice to make investments across a broad spectrum of businesses, wherever an opportunity is perceived to enhance sustainable returns to its shareholders. The Group’s representations and strategic alliances with reputed global institutions and large multinational corporations confirm its unparalleled local stature.
The Central Bank of Sri Lanka today (07) presented its flagship publication, the Annual Economic Review for 2024 (AER 2024), to President and Minister of Finance, Anura Kumara Disanayake, highlighting the steady progress of Sri Lanka’s economic recovery following the country’s most severe downturn in recent history.
The report was officially handed over by Dr. P. Nandalal Weerasinghe, Governor of the Central Bank, during a special ceremony held at the Presidential Secretariat.
AER 2024 comprises four main chapters: Macroeconomic Developments, Conditions of the Financial System, Review of Central Bank’s Policies and Macroeconomic Outlook.
According to the Review, the Sri Lankan economy showed significant signs of recovery in 2024, following the deep economic crisis experienced two years ago. The recovery trajectory, though challenging, has been notably faster than that of many other debt-distressed countries.
Improvements in economic activity, a partial resurgence in purchasing power and reduced uncertainty are among the key positive indicators noted in the report.
The event was attended by Dr. Nandika Sanath Kumanayake, Secretary to the President, K. M. Mahinda Siriwardena, Secretary to the Treasury, Mrs. K. M. A. N. Daulagala, Senior Deputy Governor, Dr. C. Amarasekara, Assistant Governor, Dr. (Mrs.) S. Jegajeevan, Director of Economic Research and Dr. L. R. C. Pathberiya and Additional Director of Economic Research at the Central Bank Dr. V. D. Wickramarachchi.
[PMD]
Business
IceWarp expands into Sri Lanka, fostering European innovation in collaboration with FentonsIT
IceWarp, a global leader in business communication solutions, has officially launched its cutting-edge platform in Sri Lanka, bringing European expertise in email and collaboration solutions to support the country’s evolving business landscape.
This expansion is driven by a strategic partnership with Fentons Information Technology (FIT), the Information Technology arm of Hayleys Fentons Limited.
The grand launch event held at The Kingsbury Colombo on 4th April, 2025, was graced by several distinguished guests, including Chief Guest Mohan Pandithage, Chairman and Chief Executive of Hayleys PLC.
The presence of Adam Paclt, Global CEO of IceWarp, and Pramod Sharda, CEO for India and the Middle East of IceWarp, along with their global team, highlighted the significance of this expansion. Industry experts, government officials, corporate leaders, and CIOs from the banking, financial services and insurance sectors were in attendance as well, reflecting strong local interest in IceWarp’s European expertise.
With this launch, Sri Lankan businesses now have access to an affordable, scalable and secure alternative to Microsoft 365 and Google Workspace. IceWarp’s advanced Collaboration Suite integrates a wide range of tools into a single, unified platform designed to streamline communication and boost productivity. Offering flexible hybrid deployment options and cost-efficient solution, IceWarp enables organisations to optimise their operations without compromising security or functionality.
Eventistry Sports, a trailblazer in innovative sporting events, has unveiled the Sri Lanka Padel League (SLPL), the nation’s first franchise-based padel tournament, set to debut in June 2025. This groundbreaking league promises to redefine Sri Lanka’s sports landscape by creating a dynamic national platform for athletes while fostering unity among fans, brands, and communities.
The SLPL will showcase six franchise teams, each embodying the spirit of iconic Sri Lankan locales: the Colombo Chargers, Yala Rangers, Hikkaduwa Riders, Ella Hawks, Arugambay Vipers, and Trinco Warriors. These teams will not only ignite regional pride but also unite the country through a shared passion for padel—a fast-paced racquet sport merging tennis and squash, played on enclosed courts.
“The SLPL is more than a league; it’s a movement,” declared Karin Wijeratne, Director of Eventistry Sports. “By blending franchise sports with Sri Lanka’s vibrant culture, we’re creating a platform where players gain national recognition, fans rally behind their hometown heroes, and brands engage with communities in meaningful ways.”
The league’s launch on June 21–23, 2025, at Colombo’s Padel House courts (CR&FC) will kick off with three days of high-octane matches, preceded by a star-studded player auction on May 16th at The Vault, Colombo City Centre. Local talent—both professional and intermediate—will be drafted by franchise owners, with international registrations now open to elevate the competition’s global appeal.
Please log in to: www.slpadelleague.com and social media: @SriLankaPadelLeague (Facebook & Instagram) for more information.
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