Category: Business and Economy

Nations Trust Bank PLC (NTB) commenced the financial year on a positive note, delivering a strong performance for the three months ended 31st March 2026, with a Profit After Tax (PAT) of LKR 4.6Bn, marking a 12% year‑on‑year increase. The results were supported by steady asset growth, stable Net Interest Margins (NIMs), and prudent risk…

Acting BOI Chairman outlines an ambitious agenda anchored in AI, green energy, and structural reform to draw future-ready foreign investment to the islandDr. Sulakshana Jayawardena The Board of Investment of Sri Lanka (BOI) is launching a transformative agenda to reposition the island as a high-value hub for foreign direct investment (FDI), centering on a “Triple-S…

In a significant milestone for regional digital payment interoperability, on May 12, 2026 Sri Lanka and Nepal launched cross-border QR payment connectivity, enabling Nepali travellers visiting Sri Lanka to make seamless digital payments using their domestic payment applications, including mobile banking apps and connectIPS, at more than 400,000 merchants accepting LankaQR payments across Sri Lanka.…

Seylan Bank PLC marked another milestone in its flagship Environmental, Social and Governance (ESG) initiatives by opening its 291st ‘Pahasara’ Library at A/Buddhangala Central College, Padavi-Parakramapur. The ceremony was held on March 27, under the patronage of Ruwan Maithripala, Zonal Director of Education (Kebithigollewa), T.P. Jayasinghe, Divisional Director of Education (Padaviya), Kapila S. Kumara, Principal,…

DFCC Bank PLC has been recognised at the 15th ACEF Global Customer Engagement Awards, receiving multiple accolades across digital engagement, experiential marketing, purpose-led communication and community-driven initiatives. The recognition reflects a broader shift in how the Bank approaches customer engagement — moving beyond conventional banking communication towards experiences and platforms that are more relevant, accessible…

Abans Finance recently marked the official listing of its maiden13,384,000 debentures on the Colombo Stock Exchange (CSE) with a bell ringing and market opening ceremony held at the CSE trading floor on Monday (11). The offer for subscription for the initial issue of ten million listed, rated, senior, unsecured, redeemable five-year (2026/2031) debentures of LKR…

The Ministry of Ports & Civil Aviation, through Airport & Aviation Services (Sri Lanka) (Private) Limited (AASL), has invited Expressions of Interest (EOI) from  investors to utilize resources at Mattala Rajapaksa International Airport (MRIA) in Hambantota. Submissions are due by June 9, 2026, with a pre-proposal briefing on May 22, 2026. The main objective is…

AIA Insurance Lanka has once again established its position as an organisation that places people and leadership at the heart of its success, by securing top honours at the CLA Great Manager Awards 2025, presented by the Colombo Leadership Academy (CLA). AIA Sri Lanka was conferred the ‘Company with Great Managers 2025’ title for the…

Doc990, one of Sri Lanka’s pioneering digital health solutions provider operated by Digital Health (Pvt) Ltd — a subsidiary of Dialog Axiata PLC — announced the introduction of a digital queue management system at Galle National Hospital, focused on pharmacy service counters. The implementation addresses high patient volumes at one of Sri Lanka’s busiest healthcare…

Kelani Valley Plantations PLC (KVPL), a leading regional plantation company under the Hayleys Plantations sector, is redefining sustainability through innovative circular solutions. In partnership with SPJ Creation, KVPL has launched a strategic initiative to transform electronic waste into sustainable jewellery and creative, value-added products. The collaboration was formalised through the signing of a MoU on…