HNB partners with JICA for sustainable socio-economic development in Sri Lanka
Working towards a shared objective of sustainable socio-economic development in Sri Lanka, Sri Lanka’s leading private sector bank HNB PLC has partnered with …
Industry
SriLankan Airlines relaunches flights to Jeddah
SriLankan Airlines has relaunched direct flights from Colombo to Jeddah with a thrice weekly service every Tuesday, Wednesday and Sunday. SriLankan Airlines is …
Dipped Products sets standard for sustainable growth: Launches ESG roadmap ‘DPL Pulse’
Export manufacturer of hand protection solutions and member of the Hayleys Group, Dipped Products PLC (DPL), announced the launch of its new ESG roadmap ‘DPL …
Sampath Bank reports profit before tax of Rs 13.2 Bn
Financial Highlights During the first half of 2023, Sampath Bank reported robust financial performance, with a profit before tax (PBT) of Rs 13.2 Bn and a …
First Capital reports profits of Rs. 2.8Bn
First Capital Holdings PLC (the Group) announces its outstanding financial performance for the first quarter ended June 30, 2023. The Group reported an …
UB Finance Company debuts trading on CSE
The shares of UB Finance Company Limited (CODE: UBF-N-0000) commenced trading on the Colombo Stock Exchange (CSE) on 14th August 2023. The …
Enabling SME sector to digitize payments can accelerate economic growth: Country Manager for Visa
As Sri Lanka focuses on economic recovery, transforming the digital payment landscape for businesses will be a strategic area to consolidate growth, says …
Cinnamon to host Google’s former CBO and Best-Selling Author Mo Gawdat
Visit in late August includes keynote discussion on future of AI and organization happiness. Cinnamon Hotels and Resorts will welcome Mo Gawdat, the former …
ComBank Group remains resilient in volatile first half of 2023
Gross Income improves by 40.29% to Rs 167.668 Bn. Interest income up 71% to Rs 150.8 Bn, but interest expenses surge 139% to Rs 113.3 Bn. Appreciation of Rupee …
Fitch Rates Commercial Bank of Ceylon’s Basel III Subordinated Debt ‘BBB+(EXP)(lka)’; on RWN
Fitch Ratings has assigned Commercial Bank of Ceylon PLC’s (COMB, A(lka)/Rating Watch Negative (RWN)) proposed Sri Lankan rupee-denominated Basel …
CSE successfully concludes invest Sri Lanka investor forum in Chennai
The “Invest Sri Lanka” Investor Forum, which was organized by the Colombo Stock Exchange (CSE) in association with the Confederation of the Indian Industry …
Teejay optimistic with capacity expansion despite challenging Q1
Teejay Lanka PLC has begun 2023-24 with a strong balance sheet, closing an extremely challenging first quarter with cash and cash equivalents of Rs 9.6 …
Seylan Bank reports impressive 1H 2023 profitability and strong growth
Seylan Bank, has demonstrated exceptional resilience and growth in challenging market conditions, recording an impressive Profit before Tax (PBT) of LKR 4.2 …
13 acres added to conservation forest maintained by Heritance Kandalama
In line with its long-standing commitment to environmental sustainability, Aitken Spence Hotels is proud to announce the expansion of Heritance Kandalama’s …
Ceylon Chamber Forges Partnership with Jharkhand Chamber
The Ceylon Chamber of Commerce recently hosted a networking event with a business delegation from the Federation of Jharkhand Chamber of Commerce and …
Seylan Bank enters Strategic Partnership with National Chamber of Exporters to Empower Sri Lanka’s Export Sector
Seylan Bank took a key step towards empowering Sri Lanka’s export sector by forging a strategic partnership with the National Chamber of Exporters. This …
Green Milestone: Hiruras Wind Power Plant Inauguration by WindForce
On August 6th, Mannar, Sri Lanka, witnessed history as the Hiruras Wind Power Plant of WindForce PLC was inaugurated. Hon. Minister Kanchana Wijesekera, …
Sri Lanka – India business networking event forges new collaborations
Enhancing bilateral relations and leveraging opportunities for investment were among the focus points of a Business Networking event with a multi-sectoral …
SL Purchasing Managers’ Index (PMI) – Construction Industry
The construction industry remained contracted in June 2023, recording a total activity index value of 44.4 with most of the companies operating at a …
Statement by Ali Sabry, on visit to Sri Lanka by Hayashi Yoshimasa, Minister of Foreign Affairs of Japan
My friend Minister HAYASHI, Konnichiwa, Ayubowan and Welcome to Sri Lanka, Friends from the media, It is an honour and a great pleasure for us to welcome …