Business
DIMO launches 2022 calendar showcasing ancient Sri Lanka to modern society

DIMO, one of the leading diversified conglomerates in Sri Lanka, introduced the 2022 corporate calendar depicting some of Sri Lanka’s most historic and significant achievements. As a means by which to be proud, while remembering the country’s rich and vibrant past, the DIMO 2022 corporate calendar is a pictorial recreation of some of Sri Lanka’s ancient moments of glory.
True to its purpose of fuelling dreams and aspirations, DIMO aims to showcase Sri Lanka’s rich heritage, which spans thousands of years like a bejewelled tapestry, serving as evidence of a highly sophisticated and cultured country. From awe-inspiring technological marvels to trading with countries around the world while being nourished by its own culture, ancient Sri Lanka was inimitably unique.
Speaking on the release of DIMO’s 2022 corporate calendar, Ranjith Pandithage, Chairman & Managing Director of DIMO, stated, “DIMO believes that it is our utmost responsibility to educate country’s next generation on most historical and significant achievements in our nation. We are looking to introduce these unfamiliar rich historical events to the public and recreate history by bringing these moments to life.”
DIMO’s 2022 corporate calendar is illustrated by Prasanna Weerakkody, a leading Sri Lankan artist who specializes in the reconstruction of Sri Lankan history and ancient lifestyles. As an ardent student of history, his work is widely accepted as highly accurate depictions of early Sri Lankan lifestyles.
The pictorial depictions in DIMO’s 2022 corporate calendar include King Kashyapa and the Sigiriya Lion Gate (Grand Tradition Sculpture and Art), Mahathota (Ma-Thota), the natural port in Mannar, King Mahasen and the Construction of Weva (Grand Irrigation Works), King Parakramabahu I and the Naval Force (Seafaring in Ancient Sri Lanka), Mathula Alu Lena – writing of the Tripitaka (Scholarly Work) and many more historical and significant achievements in Sri Lanka.
Sarva Colombo has been creating the DIMO corporate calendar for ten consecutive years and today, it is considered as the most informative, visually attractive and anticipated calendar in Sri Lanka. The calendar aims to give a visual and educational gateway into the ancient Sri Lankan history and technology lost in time.
The theme for the year 2022 is “Pride of a Nation”, showcasing the turning point in the history of Sri Lanka and parts of the lost historical marvels, war heroes, world-class steps in the economy, massive constructions, peaks in education, golden eras of literature and strength of unity found during hard times which has made Sri Lanka a great nation. Now is the best time to paint those moments in colour, together with new technology and creativity, giving a glimpse of our proud history to the next generation.
Business
Market liquidity tightens as govt borrowing siphons funds from banking system

The total outstanding market liquidity surplus or excess funds available in Sri Lanka’s banking system for lending and transactions declined by Rs. 36.65 billion in a week, according to the Central Bank’s latest economic indicators report.
An economic researcher analysing the data noted: “Treasury bill and bond auctions likely drained liquidity. If this tightening persists, short-term interest rates could rise, raising borrowing costs and potentially slowing economic growth. The situation warrants close monitoring, especially as the manufacturing sector is already facing a slowdown whether due to seasonal or structural factors.”
The report also highlighted the following developments in Sri Lanka’s economy:
Fiscal improvements: The deficit has narrowed but remains elevated.
Sectoral trends: The stock market rallied, and the services sector showed slower expansion (tourism, retail and IT driving resilience).
Total expenditure and net lending increased to Rs. 1,301.9 bn during the three months ending March 2025 compared to Rs. 1,197.5 bn in the corresponding period of 2024.
During the three months ending March 2025, the overall budget deficit decreased to Rs. 234.5 bn compared to Rs. 281.3 bn recorded in the corresponding period of 2024
The rupee value of T-Bills and T-Bonds held by foreign investors decreased by 2 per cent in comparison to the previous week.
“The April 2025 industrial slowdown points to weaker output, likely due to seasonal factors such as holidays or subdued demand. However, this was partially offset by an expansion in the Services PMI, offering some relief. The broader economic outlook for Sri Lanka remains uncertain, as these mixed signals unfold as Sri Lanka would receive a tariff letter from the US in the coming weeks. With market liquidity already tightening due to government borrowings from the banking system, policymakers face mounting challenges in balancing growth and stability,” the economic researcher noted.
By Sanath Nanayakkare
Business
AIA Sri Lanka ‘Pawfect Match’ campaign

AIA Sri Lanka’s ‘Pawfect Match’ campaign, in partnership with animal welfare groups, inspired 500+ adoptions of stray pets. The initiative highlighted adoption, responsible ownership, and compassion, tackling Sri Lanka’s stray animal crisis. AIA thanks all supporters for their life-changing impact.
The campaign served as a reminder that even small acts of kindness like adopting a stray can make a big impact. It also provided an opportunity for the public to learn more about responsible pet ownership, animal rights, and the importance of compassion toward all creatures.
Business
Calton wins National Industry Brand Excellence award

Calton Sweet House Pvt. Ltd., a key part of Calton Group, was honored as the Best National Industry Brand in the Medium-Scale Food and Beverage Sector at the National Industry Brand Excellence Awards 2024, organized by the Industrial Development Board. Deshamanya Mahesh De Silva, Director of Finance and IT at Calton Group, accepted the award.
Established in 1991, Calton Sweet House has over 30 years of excellence, specializing in cakes, snacks, and frozen bakery items, with 20+ outlets across Negombo, Katunayake, and Colombo, including at Bandaranaike International Airport. The company holds ISO, HACCP, and GMP certifications, ensuring top-quality standards.
Starting as a small store in 1983, Calton Group now employs 300+ staff and operates multiple businesses, including Calton Hyper Market and Calton Catering, while partnering with global brands like Unilever and Upfield. The group remains committed to serving customers with high-quality, safely packaged food products.
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