The recognition, bestowed following rigorous independent evaluation and endorsed by leading professional bodies, was formally celebrated at a ceremony on February 26, in Colombo. Since assuming leadership in October 2018, Blaser has orchestrated a period of sustained growth across the company’s diversified portfolio. Under his stewardship, the healthcare division has doubled operations in four years, […]
David Pieris Motor Company (Private) Limited, Sri Lanka’s largest automotive company and the sole distributor for Bajaj products in Sri Lanka, recently awarded prizes to the winners of the “Bajaj Genuine Supiri Ware” a consumer promotion conducted for customers who purchased Bajaj Genuine Spare Parts. At the grand finale draw of this mega promotional campaign, […]
Walkers Tours officially unveiled its dedicated sports tourism brand, Walkers Sports, at the internationally acclaimed IRONMAN 70.3 Colombo, held from 19th to 22nd February 2026. With over 57 years of industry expertise, Walkers Tours stands as one of Sri Lanka’s most established destination management companies, delivering tailored travel solutions with professionalism and operational excellence. Over […]
Union Bank of Colombo PLC announced its proposed Debenture Issue 2026, a strategic move aimed at raising up to LKR 3 billion. This issue is designed to bolster the Bank’s Tier II capital base and provide a robust financial foundation for its upcoming growth initiatives. The offering consists of Basel III compliant, listed, rated, unsecured, […]
The Commercial Bank of Ceylon achieved another performance milestone in 2025, becoming the first private sector bank in the country to expand its loan book beyond Rs. 2 Tn., with a growth of Rs. 541 Bn. over 12 months at a monthly average of over Rs. 45 Bn., demonstrating its commitment to national economic resurgence. […]
The SLT Group reported substantial cost savings for the full year ended December 31, 2025, fuelling significant profit growth and demonstrating consistent execution throughout all key metrics. The strong performance was driven through disciplined expense management, reduced finance costs, and strategic operational improvements. The SLT Group ended FY 2025 as a strong year, with substantial […]
The Walk of Art 2026 International Footwear and Leather Fair, jointly organized by the Ministry of Industries and Entrepreneurship Development, Industrial Development Board (IDB), Export Development Board (EDB) and the Sri Lanka Footwear and Leather Goods Manufacturers Association, was held on February 27 at the Sirimavo Bandaranaike Exhibition Hall, Colombo, under the patronage of the […]
The Board of Directors of Commercial Bank of Ceylon PLC has announced the appointment of Hasrath Munasinghe as Executive Director/Chief Operating Officer of the Bank with effect from April 27. He succeeds S. Prabagar, who retires on April 26, after serving in the position for four years and completing a distinguished career of more than […]
Sri Lanka’s apparel exports gained a huge market opportunity from the UK market, it has been reported that Sri Lanka’s apparel exports declined by 2.66% year-on-year in January 2026, falling to US$ 425.44 million from US$ 437.07 million in January 2025, reflecting continued pressure across key export markets. Exports to the US fell by 2.73% […]
Bank of Ceylon (BOC) concluded the financial year ended 31st December 2025 with a landmark performance, achieving a Profit After Tax (PAT) of Rs. 76.0 billion, 18% increase over the previous year, while Profit Before Tax (PBT) reached Rs. 120.8 billion. Beyond financial growth, this year marked a pivotal shift towards sustainable and inclusive banking, […]