Sampath Bank’s ‘Wewata Jeewayak’ Restores Tanks, Uplifts Farmers
Sampath Bank PLC’s ‘Wewata Jeewayak’ programme continues its mission to restore Sri Lanka’s ancient irrigation tanks, ensuring a reliable water supply for farmers.
Business
Covering the latest developments in the business world, including mergers and acquisitions, new product launches, executive changes, and company earnings reports.
Business
Business
HNB Assurance Group Posts 21% GWP Growth and Strong Financial Performance in 2024
The HNB Assurance Group, consisting of HNB Assurance PLC (HNBA) and HNB General Insurance (HNBGI), recorded a 21% growth in Gross Written Premium.
- February 25, 2025
Business
Sri Lanka’s Dialog Axiata Records 4.5% Profit Growth in Q4 2024
Sri Lanka’s Dialog Axiata, a leading player in mobile, fixed access telephony, and pay television, reported a 4.5% increase in profit to 6.77.
- February 19, 2025
Business
LAN 2025 Kick-Off: Networking, New Leadership, and Fund II Plans
The Lankan Angel Network (LAN) kicked off 2025 with a high-energy event at Monsoon, bringing together investors, entrepreneurs, and key ecosystem partners. Distinguished.
- February 18, 2025
Business
Pro-Business Budget, but Implementation is Key: Murtaza
Advocata Institute Chairman Murtaza Jafferjee described the 2025 Budget as pro-business, emphasizing that successful implementation would be crucial for economic progress. Speaking at.
- February 18, 2025
Business
CIC Holdings Posts Rs. 64.6 Billion Revenue with Strong Sectoral Performance in 9MFY25
CIC Holdings PLC, a leading diversified conglomerate, reported a 7.49% year-on-year (YoY) increase in consolidated revenue, reaching Rs. 64.66 billion for the nine.
- February 14, 2025
Business
Richard Pieris Group PBT Soars 137% to Rs. 5.4 Billion
Richard Pieris Group, one of Sri Lanka’s largest and most diversified conglomerates, recorded a remarkable 137% increase in Profit Before Tax (PBT), reaching.
- February 14, 2025
Business
Japanese Firms in Sri Lanka Concerned Over Instability and Policy Uncertainty: JETRO
Japanese firms operating in Sri Lanka have expressed major concerns over political and social instability, unclear government policy management, and currency volatility, according.
- February 13, 2025
Business
Sunshine Holdings’ Revenue Reaches Rs. 45.2 Billion in 9MFY25 Amid Strong Healthcare Performance
Diversified conglomerate Sunshine Holdings reported a consolidated revenue of Rs. 45.2 billion for the nine months ending 31 December 2024 (9MFY25), marking a.
- February 13, 2025
Business
HNB Investment Bank Set to Transform Sri Lanka’s Financial Landscape
Hatton National Bank PLC (HNB) has successfully acquired full ownership of Acuity Partners Ltd., rebranding it as HNB Investment Bank. This move aims.
- February 7, 2025