WealthTrust Securities Limited IPO Opens Tomorrow
The Initial Public Offering (IPO) of WealthTrust Securities Limited (WTS) will open tomorrow, inviting the public to subscribe for 71,548,244 Ordinary Voting Shares at an Issue Price of LKR 7.00 per share. Through the Issue, WTS seeks to raise a total of LKR 500,837,708, with the Company’s shares expected to be listed on the Diri Savi Board of the Colombo Stock Exchange…
The World Bank Group Statement on Sri Lanka Following Cyclone Ditwah
The World Bank Group is deeply saddened by the devastation caused by Cyclone Ditwah in Sri Lanka. Our thoughts are with the people who have lost loved ones, homes, and livelihoods, and with the communities now facing immense hardship. We commend the remarkable resilience shown by Sri Lankans in the face of this disaster and…
Sri Lanka Consulate General in Dubai hosts strategic Breakfast Meeting to Promote Tourism Under the “Sri Lanka is Ready” Campaign
The Consulate General of Sri Lanka in Dubai successfully hosted a high-level breakfast meeting today, bringing together leading travel trade professionals, media partners, airline representatives, and key influencers to promote Sri Lanka as a premier travel destination under the revitalized “Sri Lanka is Ready” tourism campaign. The networking event, held at the premises of the…
ComBank leads Sri Lanka’s SME lending for fifth consecutive year
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 celebrates 45 years of leadership, innovation, and service excellence in Sri Lanka
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 Presents Shifu’s Apprentice this December with Chef Liang and Chef Prithvi at Yi Jing
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 continues winning streak at Campaign Asia Agency of the Year Awards
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 pledges Rs.225mn for flood relief and rebuilding
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…
Yaden Laboratories contributes Rs.20mn to Rebuild Sri Lanka Fund
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…
Vallibel Finance’s asset base soars high to Rs.143bn, up 30%
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…