Union Bank to Raise LKR 3 Bn via Basel III Compliant Debenture Issue
Union Bank of Colombo PLC announced its proposed Debenture Issue 2026, a strategic move aimed at raising up to LKR 3 billion. This issue is designed to bolster the Bank’s…
ComBank takes lending to new levels in mission-focused 2025
The Commercial Bank of Ceylon achieved another performance milestone in 2025, becoming the first private sector bank in the country to expand its loan book beyond Rs. 2 Tn., with…
SLT Group PAT surges 221% YoY to Rs. 10 Bn in FY 2025
The SLT Group reported substantial cost savings for the full year ended December 31, 2025, fuelling significant profit growth and demonstrating consistent execution throughout all key metrics. The strong performance…
Walk of Art 2026 International Footwear and Leather Fair
The Walk of Art 2026 International Footwear and Leather Fair, jointly organized by the Ministry of Industries and Entrepreneurship Development, Industrial Development Board (IDB), Export Development Board (EDB) and the…
ComBank appoints Hasrath Munasinghe As Executive Director/Chief Operating Officer
The Board of Directors of Commercial Bank of Ceylon PLC has announced the appointment of Hasrath Munasinghe as Executive Director/Chief Operating Officer of the Bank with effect from April 27.…
Sri Lanka apparel exports to ease as UK market remains stable
Sri Lanka’s apparel exports gained a huge market opportunity from the UK market, it has been reported that Sri Lanka’s apparel exports declined by 2.66% year-on-year in January 2026, falling…
Bank of Ceylon records Rs. 120.8 Bn Profit Before Tax in 2025
Bank of Ceylon (BOC) concluded the financial year ended 31st December 2025 with a landmark performance, achieving a Profit After Tax (PAT) of Rs. 76.0 billion, 18% increase over the…
Amana Takaful Life Gold Investment Fund records 32.4% growth in 2025
Amana Takaful Life PLC provides the best investment options for life insurance policyholders and has delivered an exceptional performance across its unit-linked fund portfolio in 2025, generating strong returns for…
Prime Lands Residencies secures Otters Club Car Park Property
Prime Lands Residencies PLC has secured the Otters Club Car Park property in Colombo 7 through a recently concluded agreement with the Urban Development Authority (UDA), marking one of the…
Tea exports record strong start to 2026
Sri Lanka’s tea exports recorded a strong start to 2026, with volumes and values posting year-on-year gains in January, according to the latest industry data. Ceylon Tea exports for January…