Category: Business and Economy

The National Savings Bank (NSB) has reported its highest-ever profit for the financial year ended December 31, 2025, reflecting robust growth across core banking operations and strengthened financial stability. The State-owned savings bank posted a record operating profit of Rs. 59 billion, marking a 55% increase year-on-year, while profit after tax (PAT) rose sharply by…

AIA Insurance, was the Platinum Sponsor of the inaugural EFC National Best Employer Awards 2025, a landmark national initiative organised by the Employers’ Federation of Ceylon (EFC), to recognise organisations that exemplify excellence in people‑centred leadership and responsible employment practices in Sri Lanka. The awards ceremony held recently brought together leaders from across the corporate,…

The National Chamber of Commerce of Sri Lanka (NCCSL) has announced the conclusion of a hands-on workshop titled ‘Empowering Businesses with AI-Driven Productivity’ held on March 17, at the Auditorium of the National Chamber of Commerce. The programme brought together CEOs, Directors, Managers, Entrepreneurs, Government officials, and business professionals to equip them with modern technology.…

New Anthoney’s Farms, Sri Lanka’s pioneering producer of antibiotic-free, no-added hormones poultry, once again took its place at the Healthy Living Expo 2026, marking its third consecutive year at the country’s foremost wellness exhibition. The Expo ran from March 6-8, at the Bandaranaike Memorial International Conference Hall (BMICH), Colombo, welcoming free and open attendance from…

The Canadian Chamber of Commerce (CanCham) Sri Lanka has announced its opening, dedicated to fostering economic growth, supporting local businesses and providing advocacy for the business community. The opening ceremony was held at the new premises Horton Place, Colombo 07 recently. The mission of the chamber is to empower local businesses, drive sustainable economic development…

Sri Lanka’s maritime sector marked a historic milestone as Colombo West International Terminal (Private) Limited (CWIT) announced that it had successfully handled one million twenty-foot equivalent units (TEUs) within its first year of operations. The achievement represents the fastest time any terminal at the Port of Colombo has reached the one-million-container mark during its inaugural…

The financial sector in Sri Lanka has witnessed strong growth in 2025, with the profitability and lending growth of banks and financial institutions increasing, the Central Bank of Sri Lanka (CBSL) statistics revealed. Accordingly, a number of key financial indicators have seen significant growth, and the stability of the banking and non-banking financial institutions system…

In a revolutionary step towards sustainable manufacturing, reducing plastic pollution and creating local jobs, Britol and the Antler Group of Companies partnered with GP Certified to integrate certified recycled plastics into large-scale production of their products. This initiative marks a significant milestone in the plastics and recycling industry. Most brands in Sri Lanka use virgin…

Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, announced the introduction of the Oscal Tiger 8 5G, further expanding access to next-generation mobile connectivity across the country. Positioned as one of the most affordable 5G smartphones in the market, the device enables more Sri Lankans to upgrade to fast and reliable 5G connectivity. The Oscal…