DFCC Bank profit falls 17% to Rs.2.33bn in 2Q
DFCC Bank reported a 17 percent year-on-year decline in second-quarter profit to Rs.2.33 billion, as sharply higher operating expenses offset stronger fee income
Banking & Finance
Manufacturing
ISF launches world’s first automated coconut dewatering system
The automated coconut dewatering system launched by Sri Lankan engineering company ISF is designed to transform coconut processing by improving productivity, reducing labour
Entrepreneurship
SLIM SME Development Awards 2026 return to champion entrepreneurs
SLIM SME Development Awards are returning in 2026 to recognise Sri Lanka’s outstanding micro, small and medium enterprises for achievements in marketing, branding,
Business
Dialog Axiata profit doubles to Rs.10.11bn in June quarter
Dialog Axiata recorded a sharp rise in quarterly profit, reaching Rs.10.11 billion for the three months ended June 30, 2026, as strong performance
Forex Market
Sri Lanka Rupee and Bonds Update – 17 Aug 2026
Sri Lanka rupee strengthened marginally against the US dollar on Monday, with the spot rate moving to 332.70/80 from 332.75/95 previously. Meanwhile, government
Technological Advancements
NeuroX 1.0 Crowns Sri Lanka’s Top Undergraduate Innovators
NeuroX 1.0 has brought together more than 300 undergraduates from universities across Sri Lanka, with teams competing to develop autonomous technology solutions for
Investments
Port City Colombo Takes Sri Lanka Investment Proposition to Maldives
Port City Colombo has taken Sri Lanka’s investment proposition to Maldivian business leaders and investors, highlighting its Special Economic Zone as a platform
Forex Market
HNB Profit Rises 20.4% on Stronger Lending Income
HNB recorded a 20.4% increase in standalone profit after tax in the second quarter of 2026, supported by stronger lending income and trading
Forex Market
Sri Lanka Rupee and Bonds Update – 14 Aug 2026
The local currency was quoted at 333.50/54 to the US dollar, compared with 333.50/65 on the previous trading day. The movement reflected a
Agriculture
Sri Lankan Poultry Producers Gain Global Sustainability Recognition
Sri Lankan Poultry Producers have received international recognition for their sustainability efforts, with leading companies honoured at Soy Connext 2026 in Chicago for