Seylan Tikiri and Seylan Teens bring Avurudu Cheer to Colombagama
Seylan Tikiri and Seylan Teens engaged with children at Colombagama Avurudu 2026, held at Viharamahadevi Childrenโs Park, through a series of interactive Avurudu-themed games and activities. Organised for the fourth consecutive year by Dialog A Plus Kids Channel and Channel One, the event saw Seylan Bank as a co-sponsor, presenting branded gifts to winners while creating a lively and…
MIFL records LKR 818 Mn PBT in FY 2025-26, up 193% YoY
Mahindra Ideal Finance Ltd. (MIFL) reported its strongest ever financial performance in the year ended 31 March 2026, recording significant growth across profitability, lending volumes, and operational efficiency. The company posted a Profit Before Tax (PBT) of LKR 818 million, reflecting a 193% Year-on-Year (YoY) increase, while Profit After Tax (PAT) rose to LKR 478…
Emirates back in Colombo on May 19-20 to recruit skilled aircraft technicians
Emirates, the worldโs largest international and most profitable airline, is scouting for top-tier aircraft engineering and technical talent worldwide. The airlineโs next official stop is Sri Lanka, where it is hosting roadshows in Colombo on May 19-20. Experienced technicians may attend the Colombo session, where Emiratesโ recruiters will outline details of the role, remuneration, benefits…
HNB Life records 54% GWP Growth in Q1 2026
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 recorded Life Gross Written Premium of Rs. 7.01 Bn for the period, reflecting a strong…
Country to move towards innovation-driven, high-value-added exports
The establishment of the Viet Nam-Sri Lanka Business Council will enhance bilateral relations, fostering partnerships beyond trade driven by shared ambitions, Export Development Board Chairman Mangala Wijesinghe told the Viet Nam Sri Lanka Business forum held in Colombo on Friday (8). Sri Lanka stands ready to work hand-in-hand with Viet Nam to build a partnership that goes…
ShowLab Studio pioneerโs new era of live event production in Sri Lanka
ShowLab Studio is set to take Sri Lankaโs entertainment and show industry into a new era defined by precision, integration, and global production standards, with the countryโs first purpose-built previsualisation, lighting programming, and show integration facility. Developed in collaboration with Bling Productions, Eyeon Digital Motion and D4, ShowLab Studio introduces a new way of building…
Fintrex Finance and APTS Mark GO-LIVE of Nimble Core Banking System Powered by Craft Silicon
A remarkable milestone in digital transformation has been achieved with the successful implementation and Go-Live of a new Core Banking System for Fintrex Finance, led by APTS as the local implementation partner. This achievement marks the beginning of a new platform for innovative, agile, and efficient financial services. Branded as Nimble, and powered in collaboration…
Export sector to benefit from lower input costs- World Bank
The ongoing and planned trade reforms, including the gradual removal of para-tariffs, could improve competitiveness and increase household consumption by around 3.1%, with stronger gains for lower-income households, the World Bankโs April 2026 South Asia Economic Update release on Friday(8) said. The planned import duty cuts would be steepest among the emerging export industries of…
Proposal to establish โGem Bankโ to make Lanka richest country in world
A special proposal has been submitted to make Sri Lanka the richest country in the world, based on the gem resources it possesses. The Chairman of the All Ceylon Gem Miners and Dealers Association, Dr. Thilakasiri Vitarana, has submitted this proposal to President Anura Kumara Dissanayake recently. The main point of this proposal is to…
ASPI declines by 52 points
Renewed tensions in the Middle East weighed negatively on the Colombo Bourse alongside rising global oil prices. The ASPI declined by 52 points during yesterdayโs session, reversing the early gains recorded at the opening and ultimately closing at 23,012, while the S&P SL20 fell by 19 points to settle at 6,300. CINS, JKH, COMB, DFCC…