Business

Colombo, Sri Lanka – Prime Lands Residencies PLC has secured the historic Otters Club Car Park property in Colombo 7 through a recently concluded agreement with the Urban Development Authority (UDA), marking one of the most significant residential land acquisitions...

HNB Assurance PLC reported an outstanding financial performance for the year ended 31st December 2025, delivering a 42% year-on-year growth in Life Insurance Gross Written Premium (GWP), this along with the growth rate in Renewals are the highest in the...

Union Assurance announced the appointment of its Chief Executive Officer, Mr. Senath Jayatilake, to the Union Assurance Board of Directors as an Executive Director, effective 23rd February 2026. The appointment has been approved by the Insurance Regulatory Commission of Sri...

Imperial Advisors, part of the WIS Group, a Sri Lankan company that provides Financial Solutions in the United Kingdom, has officially opened its Conveyancing office in Kohuwela. The new office was ceremonially declared opened on the 2nd of February 2026...

Profit before Income Tax - LKR 19.6 Bn up by 22.3% Profit after Tax – LKR 12.1 Bn up by 20.5% Total Assets of LKR 921 Bn, with a 18% growth Return on Equity (ROE) of 15.89% Total Capital Adequacy...

Becomes first private sector bank with loan book of more than Rs. 2 Tn. Grows the loan book by Rs. 541 Bn. in 2025, averaging over Rs. 45 Bn. per month Doubles annual asset growth of the Bank compared to...

The Board of Directors of Commercial Bank of Ceylon PLC has announced the appointment of Mr Hasrath Munasinghe as Executive Director/Chief Operating Officer of the Bank with effect from 27th April 2026. He succeeds Mr S. Prabagar, who retires on...

LankaPay – Sri Lanka’s National Payment Network – announced the eighth edition of its flagship event, LankaPay Technnovation Awards 2026, at a press conference held on 25th February 2026 at Hilton Colombo Residencies. Recognised as Sri Lanka’s first and only...

The airline is looking to onboard Workshop Technicians via Roadshow in Colombo on 10 March Emirates, the world’s largest international and most profitable airline, is continuing its global search for top-tier aircraft technical talent, with Sri Lanka confirmed as its...

NDB Bank recently spearheaded a large-scale environmental clean-up initiative at the Negombo Lagoon, reinforcing its long-term commitment to environmental sustainability through its ongoing “Adopt a Lagoon” programme in partnership with Clean Ocean Force . The initiative brought together over 200...