Business

CASA ratio improves to industry-best 40.18%Loan book grows by Rs. 71.6 Bn. in 3 months to Rs. 2.16 Tn.Deposits increase by Rs. 171.1 Bn. in Q1 to reach Rs. 2.87 Tn.Pays Rs. 14.9 Bn. in taxesImpairment charges drop 55.5%; Provision...

Prime Melwa Port City (Pvt) Ltd signed the Sales and Purchase Agreement (SPA) with CHEC Port City Colombo (Pvt) Limited on 12th May 2026, marking a historic milestone in the realisation of one of the most prestigious upcoming marina and...

The Book Studio Pvt. Ltd. has introduced Sri Lanka’s first fully automated book vending machine, marking a significant innovation in the country’s publishing and retail landscape. Redefining how readers can discover and purchase books with instant self-service, this landmark initiative...

Prime Group, the country's leading real estate company, hosted a special program at the Prime Minister's Office recently. The program aimed to enhance the knowledge and skills of all the officers serving in the Prime Minister's Security Division. The program,...

Total of over Rs. 45 million up for grabs by more than 1000 winners by end June The Commercial Bank of Ceylon has announced the first winners of its exciting ‘Debit Card Challenge 2026,’ with 250 debit card holders emerging...

Asia Asset Finance PLC has delivered an outstanding financial performance for the year ended 31st March 2026, recording strong growth across profitability, asset base, gross income, asset quality, capital strength, and strategic expansion. The results reflect the company’s disciplined approach...

HNB Life PLC reported a strong start to the year for the three months ended 31 March 2026, continuing its growth trajectory following its recent rebranding and reinforcing its position as a leading life insurer in Sri Lanka. The Company...

Repairs hospital’s Oxygen Concentrator and integrates it with piped gas system Ceylinco Life has reinforced its long-standing commitment to Sri Lanka’s public healthcare system with the donation of a comprehensive Centralised Medical Gas Pipeline System (MGPS) to the Teaching Hospital...

To mark the occasion of World Password Day, Kaspersky experts analyzed 231 million unique passwords in major password leaks from 2023 to 2026, and uncovered several key patterns. First, 68pct of modern passwords can be cracked within a day. Second,...

ITC Ratnadipa invites families to celebrate Mother’s Day on Sunday, 10th May, with Ayubowan Amma, a series of thoughtfully curated experiences presented across signature outlets at ITC Ratnadipa throughout the day. Club Culinaire Sri Lanka members of ITC Hotels can...