Category: Business and Economy

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…

More foreign investment and industry growth is envisaged with Sri Lanka life insurance industry poised to adopt the global accounting standard for  insurance contracts, IFRS 17, panelist opined at the CT Smith Securities investor forum titled ‘Navigating Growth and Value in Life Insurance,’ held recently in Colombo. Today’s IFRS 4 focuses on a company’s stock…

The Classic Car Club of Ceylon (CCCC) successfully concluded its 34th year at its Annual General Meeting, held on 25 June 2026 at The Kingsbury Hotel, Colombo. The meeting marked the culmination of another outstanding year for the Club, highlighted by a series of successful events and initiatives celebrating Sri Lanka’s vibrant classic motoring community. These…

John Keells CG Auto (JKCG Auto), the authorised distributor of BYD and DENZA, recently welcomed BYD Vice President, Liu Xueliang to Sri Lanka as part of an official visit reviewing the remarkable growth of both brands across sales and aftersales. The visit reflects the company’s long-term confidence in Sri Lanka’s transition towards New Energy Mobility…