Category: Business and Economy

In celebration of its 65th Anniversary, People’s Bank held the ‘People’s Remittance ‘Sanwathsara Pranama Draw 2026’ on May 1, at People’s Tower, Colombo 02. The draw was conducted as part of the Bank’s ‘Dolosmahe Vaasi Chakraya’ programme. Accordingly, 65 lucky winners were selected to receive 65 hampers of essential goods. Customers who remitted worker remittances…

Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, announced that customers can now make secure and convenient digital payments using Dialog Pay at all Keells supermarkets nationwide. As one of Sri Lanka’s leading supermarket chains with 150 stores across the island, Keells becomes one of the first major retail partners in the Dialog Pay merchant…

The Sri Lanka Tourism Promotion Bureau (SLTPB) successfully concluded its series of Media Networking Sessions, B2B Roadshows, and Networking Evenings across the Indian state of Gujarat, covering Surat, Rajkot, and Ahmedabad on 15, 17, and 19 June 2026, respectively. The roadshows brought together 48 leading Sri Lankan travel and tourism companies, including SriLankan Airlines and…

Associated Motorways (Private) Limited (AMW) has formally transferred its Solid Tyre Division to wholly owned subsidiary AGTL (Associated Global Trading (Private) Limited), marking a significant milestone in the company’s long-term growth strategy and a foundational step towards AGTL operating as a Board of Investment (BOI)-registered entity. As a BOI-focused manufacturing entity, AGTL will be better…

* Group Profit After Tax: Rs. 2.05 Bn, +16% YoY*Total Assets: Rs. 57.07 Bn, +40% YoY* Total Capital Adequacy Ratio: 23.84% Senkadagala Finance PLC closed the financial year ended 31 March 2026 with a group profit after tax of Rs. 2.05 billion, up 16% year-on-year, marking the strongest bottom line in the Company’s history. At…

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) together with the Colombo Stock Exchange (CSE) rolled out a multi-pronged initiative to power the Small and Medium-sized Enterprises (SME) sector, launching the SME Creditworthiness Rating Framework, the SME Connect Awards and the inaugural issue of The Entrepreneur magazine. At a press conference held…

Maliban has been ranked the No. 1 Most Loved Product Brand in the LMD Readers’ Choice Most Loved Brands 2026, reaffirming its place as one of Sri Lanka’s most trusted, recognised, and cherished homegrown brands. Adding to this achievement, Maliban was also ranked No. 1 in the Packaged Foods (Ready to Eat) category, emerging as…

JB Financial has launched the JB Vantage Credit Opportunity Fund (COF), a flexible investment solution designed for investors seeking stronger returns without sacrificing liquidity. The fund enters the market at a time when many Sri Lankans are rethinking how they manage idle cash. With savings rates declining and inflation continuing to pressure purchasing power, investors…

RDB Bank relocated its Western Province Divulapitiya Branch on June 15, as part of its branch network modernisation programme. The new premises were inaugurated by Chairman Lasantha Fernando at the invitation of RDB Bank’s General Manager Asanga Tennakoon. RDB Divulapitiya Branch, with the aim of improving customer service and operational efficiency, is equipped with a…

Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, has once again been recognised as Sri Lanka’s Most Loved Brand in the Service and Telecommunications sectors, while also ranking among the top Corporate Brands in the LMD Brands Annual. Marking its third consecutive year at the top of both categories, the recognition reflects the company’s commitment…