Category: Business and Economy

Ministry of Finance data confirms Bank’s dominant contribution to national SME credit in 2024, accounting for more than 30% of total loan value The Commercial Bank of Ceylon has once again emerged as the country’s largest lender to small and medium enterprises (SMEs), retaining its position for the fifth consecutive year, according to the Ministry…

DHL Express is marking its 45 years of operations in Sri Lanka, connecting local businesses and communities to global opportunities through its logistics network. Ken Lee, CEO, Asia Pacific, DHL Express, said, “For 45 years, DHL Sri Lanka has been connecting businesses and communities with the world, driving trade, growth, and opportunity. The anniversary is…

ITC Ratnadipa announces the launch of Shifu’s Apprentice, an exclusive à la carte dining experience led by Chef Liang and his apprentice, Chef Prithvi, taking place at Yi Jing from 10th to 21st December 2025, from 6.30 PM onwards. Shifu’s Apprentice draws its inspiration from the traditional master–student relationship at the heart of classical Chinese cooking and in this…

Ogilvy Group Sri Lanka has once again secured its place among the region’s top marketing and communications agencies at this year’s Campaign Asia Agency of the Year Awards, continuing a winning streak that spans the past seven years. This year’s awards ceremony, held in Mumbai, India, saw Ogilvy Digital and Phoenix Ogilvy bring home two…

Almas Holdings (Pvt.) Ltd, a long-term investment holding company with interests in the capital market and real estate sectors, has pledged Rs.225 million to support flood relief and post-disaster rebuilding efforts, underscoring the growing private sector participation in the national recovery initiatives. The commitment is being made through its subsidiary, Almas Equities (Pvt.) Ltd, a…

With its commitment to supporting the healthcare needs of the community, Yaden Laboratories (Pvt.) Ltd has donated Rs.20 million to the Rebuild Sri Lanka Fund, instantly stepping forward to support the nation rebuilding following Cyclone Ditwah. Yaden Laboratories is a leading Sri Lankan pharmaceutical manufacturing company, 100 percent Sri Lankan-owned, with a state-of-the-art facility for…

Delivers strong earnings and superior asset quality Vallibel Finance PLC sustained its robust upward trajectory in the first half of FY 25/26, delivering exceptional financial results and further consolidating its position among Sri Lanka’s top five financial institutions.  The company reported a profit before tax (PBT) of Rs.2.7 billion for the period under review, reflecting…

Kapruka Holdings PLC (CSE: KPHL) recently reported encouraging results for the quarter ended 30 September 2025, as shared in the Chairman & CEO’s Review dated 06 November 2025. The Group delivered 12% year-on-year revenue growth, while gross profit increased 19%. Most notably, operating performance improved 77% year-on-year, reflecting disciplined execution and the growing impact of…

The 27th Presidential Export Awards Ceremony, organized by the Sri Lanka Export Development Board (EDB) under the Ministry of Industries and Development, was held Yesteray (11) at the Bandaranaike Memorial International Conference Hall under the patronage of Dr. Harini Amarasuriya, Prime Minister of the Democratic Socialist Republic of Sri Lanka. As the highest national accolade…

Diplomats based in Colombo have made a personal contribution of LKR 3.6 million to the government’s “Rebuilding Sri Lanka” Fund, which provides relief to people affected by the recent devastating cyclone. The relevant cheque was handed over today (11) to Minister of Foreign Affairs, Foreign Employment and Tourism, Mr. Vijitha Herath, by Her Excellency Dewi…