Business

People’s Bank recently organized a special programme for entrepreneurs in Weboda Village, situated within the Mahara Divisional Secretariat area, under its Entrepreneurial Villages initiative, The programme aimed to enhance financial literacy and strengthen business sustainability among Micro, Small and Medium...

According to a recent global report by Kaspersky Security Services, password guessing and valid account misuse rank among the most effective tactics used by cyber criminals in 2025. This trend reflects a strategic shift, as attackers move away from triggering...

Commercial Bank of Ceylon, in its commitment to provide secure and world-class technologies to its customers, has further strengthened the security and convenience of online payments for its UnionPay cardholders by becoming the pioneering financial institution in Sri Lanka and...

District 82 Toastmasters International concluded its flagship annual conference, Ovation 2026, on 16th and 17th May at Shangri-La Colombo. Themed “Tides of Transformation,” the two-day event brought together communicators, leaders, professionals, entrepreneurs, educators, and change-makers from across Sri Lanka and...

British-born ethical beauty brand The body Shop has announced the highly anticipated return of its globally loved Dewberry collection. First launched in the 90s, it became known as the scent that defined a decade. Now, Dewberry is back with all...

Enables channeling of global digital earnings directly into bank accounts via ComBank Digital The Commercial Bank of Ceylon, reaffirming its leadership in introducing the latest global financial technologies to Sri Lanka, has announced the availability of PayPal-linked withdrawal functionality for...

Samson Trading Company (Pvt) Ltd., a member of the DSI SamsonGroup, opened its new TVS showroom in Malabe on 23rd May, launching its official dealership with TVSLanka (Pvt) Ltd. The partnership represents a strategic expansion for Samson Trading Company (Pvt)Ltd....

Sri Lanka became the first country in South Asia to unveil a solar hybrid bakery oven, designed with both solar and biogas energy sources to ensure uninterrupted operation despite unpredictable weather conditions.The event, held on 22 May at Cinnamon Lakeside...

Tokyo Cement Group (Tokyo Cement) reported a turnover of Rs. 17,623 million for the 4th Quarter ending 31st March 2026, compared to Rs. 12,960 million recorded in the corresponding quarter of the previous year, reflecting a 36% growth in turnover.The...

People’s Bank posted a standalone PBT of LKR 16.6 billion for Q1 2026, reflecting resilience amid global uncertainty. Asset quality improved, with Stage 3 ratio down to 7.2% and Stage 3 provision coverage up to 50.0%. Capital and liquidity strengthened...