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Basilur Tea streamlines operations with Infor CSI implemented by Kingslake

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Leading IT and Enterprise Resource Planning (ERP) experts, Kingslake announced a breakthrough partnership with globally renowned Pure Ceylon Tea brand, Basilur Tea, to streamline manufacturing operations through the implementation of the Infor CloudSuite Industrial (CSI) Quickstart solution.

Kingslake has introduced next-generation seamlessly connected manufacturing technology capable of enabling advanced, highly flexible solutions and functionality that is essential for remaining competitive in a technologically driven environment.

Kingslake will host a free webinar that will provide comprehensive insights into how Infor CloudSuite can drastically improve planning and management of people, machines, and tools across a manufacturing supply chain.

The free webinar scheduled for October 16 from 3-5 pm will also detail out how enterprises can leverage the solution to reduce lead-time in manufacturing, minimize overheads, reduce work-in-progress and finished goods inventory and ultimately increase throughput in order to achieve expanded profitability in any manufacturing enterprise.

Speaking on the potential of Infor CSI Quickstart to catalyze growth at scale among Sri Lanka’s key business sectors, Kingslake CEO, Duleep Fernando said: “Advancements in these technologies means that impactful solutions are more cost-effective and within reach of businesses of any size. For example, we offer special modular user licensed based pricing, which enables a more cost-effective approach to transforming manufacturing businesses.”

He noted that the transformations initiated by Infor CSI Quickstart would ultimately deliver greater competitive advantage through increased efficiency and agility.

Represented by Kingslake in Sri Lanka, Infor is a global leader in providing highly effective, cutting-edge business applications, which can be configured to meet the demands of a wide range of industries.

Infor CSI QuickStart – previously known as SyteLine – is a solution designed to ensure that industrial and manufacturing organizations have deeply personalized solution to meet their business-specific needs with role-based information, a personalized user experience, familiar tools, common navigation and last-mile industry capabilities that are built-in.

Basilur is a world-renowned brand of superior quality tea and herbal infusions with decades of experience producing and exporting the finest quality Ceylon tea. As the organisation has grown both in size and scope it has found it necessary to incorporate new technology that will enable it to advance its operation.

Commenting on the powerful benefits enabled through the implementation of Infor CSI Quickstart, Basilur Tea Director Operations Sumith Jayawickrama said: “Since our integrated manufacturing project came online, we have been able to significantly optimize production while staying on top of shifting market dynamics. This has allowed us to cover everything from smaller orders to large pack sizes, thereby giving us improved flexibility to simultaneously cater to the changing preferences of modern-tea consumers across the globe.”

Speaking of the advantages of Infor CSI Quickstart, Senior Project Manager, Shalika Pituwala said: “There’s no room for error in today’s highly competitive manufacturing sectors. That’s why we create and implement leading-edge digital technology that delivers solutions to simplify complex supply chains and helps businesses deliver on time, every time.”

Since its inception in 1994, Kingslake has focused on providing software to help mid-sized manufacturing companies grow. They deliver state-of-the-art solutions built with a mix of best-of-breed ERP systems, specialized software solutions and experienced dynamic consultants. Today Kingslake continues to build and deliver fit-for-purpose software that enables customers to increase the visibility of their operations, be it customer service, inventory management, planning, procurement, manufacturing, engineering, HR, transport or finance.



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Ambeon Securities hosts exclusive investor forum on Sri Lanka’s economic and market outlook

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The event was organized with the objective of providing investors with valuable insights to make better-informed investment decisions while further strengthening the firm's engagement with its growing client base.

Ambeon Securities recently hosted an exclusive investor forum, bringing together clients, investors, business leaders, and market professionals for an insightful discussion on Sri Lanka’s economic outlook and investment opportunities amidst a challenging global landscape.

The event was organized with the objective of providing investors with valuable insights to make better-informed investment decisions while further strengthening the firm’s engagement with its growing client base.

The forum featured Baqar Zaidi, Director and Chief Economist for Sri Lanka and India at Citi Research, as the keynote speaker. Sharing his perspectives on the evolving global macroeconomic environment, Mr. Zaidi discussed key themes influencing emerging and frontier markets, Sri Lanka’s economic trajectory, and the opportunities lie ahead.

The keynote address was followed by an engaging panel discussion comprising Baqar Zaidi, Aravinda De Silva, respected investor, entrepreneur, and the Chairman of Arcasia Holdings. Hasitha Premaratne, Group Managing Director of Brandix and Asanka Herath, Chief Executive Officer – Unit Trusts and Head of Equities at LYNEAR Wealth Management.

Moderated by Imran Furkan, the panel explored a range of topics including Sri Lanka’s macroeconomic outlook, the future of the Colombo Stock Exchange, sectoral opportunities, capital allocation strategies, investor confidence, and the role of policy reforms in attracting investment and supporting long-term growth.

Speaking at the event, Charith Kamaladasa, Chief Executive Officer of Ambeon Securities, reaffirmed the company’s commitment to facilitate quality insights, informed perspectives, and meaningful dialogue to support their clients while building lasting relationships with them. He noted that in an environment where uncertainty has become the new normal, equipping investors with timely information and expert perspectives is essential for successful wealth creation.

The event was well attended by a distinguished gathering of institutional investors, high-net-worth investors, and business leaders. Among those present were members of the Ambeon Group Board, including Group Chairman Sujeewa Mudalige, Group CEO Dr. Sajeeva Narangoda, and Chairman of Ambeon Securities Mangala Boyagoda. Their presence, together with the participation of Ambeon Group shareholders and valued clients, enriched the discussions and contributed to a vibrant networking session, fostering meaningful dialogue and stronger connections within the investment community.

Through initiatives such as this, Ambeon Securities continues to reinforce its commitment to helping clients navigate evolving market conditions, make informed investment decisions, and achieve their long-term financial goals.

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Tata Group leads humanitarian education support initiative with DIMO and ChildFund

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The Tata Group, in partnership with ChildFund and DIMO, has successfully implemented a humanitarian education support initiative for disaster-affected schoolchildren in Sri Lanka, reaffirming its commitment to helping communities recover from the impacts of Cyclone Ditwah and the subsequent floods.

Following a formal request for support from Sri Lanka, an on-ground assessment was conducted in December 2025. Recognizing the urgent need, several Tata companies joined forces to implement the response program.

As part of this initiative, the ‘Hope in a Backpack’ programme, which provides disaster-affected children with essential educational supplies, was launched by the Tata Group at Taj Samudra, Colombo, in the presence of the Chief Guest, Hon. Prime Minister Dr. Harini Amarasuriya; the Guest of Honour, Hon. Indian High Commissioner Santhosh Jha; Ranjith Pandithage, Chairman of DIMO; Chacko Thomas, Group Chief Sustainability Officer, Tata Sons; and Aditi Ghosh, Country Director, ChildFund.

This initiative is part of DIMO’s Social and Community Pillar, under the project theme ‘Lassana Hetak,’ which focuses on giving the future generation a helping hand towards a better future.

This collective effort was further strengthened by volunteers from Tata and DIMO, who actively mobilized on the ground to pack, distribute, and support affected communities. During the proceedings, specially invited schoolchildren received the backpacks with essential supplies as well.

Commenting on the partnership, Ranjith Pandithage, Chairman of DIMO, said: “DIMO is proud to collaborate on this meaningful initiative alongside the Tata Group and ChildFund as the local implementation and logistics partner. Our relationship with Tata spans more than six decades and has been built on a shared commitment to ethical business practices, trust, and creating lasting value for the communities we serve. These values have shaped our partnership over the years, extending beyond business to initiatives that make a meaningful difference in people’s lives.”

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NovaNest Properties launches Rainbow Apartments in Ratmalana

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Samitha Waidyasekera CEO - NovaNest Properties (Pvt) Ltd

NovaNest Properties (Pvt) Ltd has officially launched Rainbow Apartments, a new residential development in Ratmalana. The announcement was made at an official launch event held at the Shangri-La Hotel, Colombo, marking the company’s latest addition to Sri Lanka’s growing apartment market.

The development is designed to cater to homebuyers seeking modern urban living, as well as investors looking for long-term value. Rainbow Apartments is located in Ratmalana, an area of increasing residential interest, and benefits from the suburb’s established social infrastructure, proximity to major transportation links, and accessibility to Colombo.

The project reflects NovaNest Properties’ commitment to delivering quality residential developments that combine contemporary design with practical living. Intended to satisfy the evolving lifestyle demands of today’s homeowners, Rainbow Apartments features thoughtfully designed living spaces supported by modern amenities. These include two infinity pools, a gym, fully functional workspaces, a mini theatre, stylish cafés, a mini-mart, and a children’s daycare. Additionally, it features a full time medical centre backed by Nawaloka Hospitals PLC Colombo, with a 24-hour ambulance service.

Commenting on the launch, the Chief Executive Officer of NovaNest Properties (Pvt) Ltd, Samitha Waidyasekera, said, “Today’s buyers are looking beyond square footage. In addition to providing long-term value, they want homes that are close to the places where they work, learn, and spend their time. With that shift in mind, Rainbow Apartments was created to bring together a strategic location, thoughtful design, and quality construction in a way that will continue to meet buyers’ needs for years to come. Through our promise of ‘Luxury Beyond Expectations,’ we are committed to delivering an elevated lifestyle experience that combines comfort, convenience, and modern living.

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