The Teejay Group recorded revenue of LKR 15.64 billion in the quarter ended 30th June 2026 of FY2026/27, representing a marginal 1% year-on-year decline. The muted performance was primarily driven by lower sales volumes, continued pricing pressure from key customers and subdued demand across key markets. In addition, geopolitical disruptions, including the Strait of Hormuz […]
Fabindia Sri Lanka proudly celebrates its first anniversary, marking a remarkable year of bringing India’s rich artisanal heritage, sustainable craftsmanship, and timeless lifestyle experience to Sri Lankan customers. Since opening its flagship store at Havelock City Mall in partnership with The Swadeshi Industrial Works PLC, Fabindia has been warmly embraced by customers seeking authentic, handcrafted […]
◆ Group Core Business Profit After Tax of LKR 4.1 Bn◆ Group Total Capital Adequacy Ratio of 15.746%◆ Group Net Fee and Commission Income up by 29% to LKR 4.2 Bn◆ Group Total Assets up by 7% to LKR 921 Bn DFCC Bank entered the second half of 2026 with a larger and increasingly diversified franchise, […]
As the boundaries between technology, business, leadership and governance continue to converge, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) will present its flagship 47th National Conference of Chartered Accountants from October 7 to 9, 2026 at the Monarch Imperial, Sri Jayewardenepura Kotte, under the theme “FUSION: Connecting Ideas, Creating Impact.” Announcing […]
• Loan book grows by Rs. 270.4 Bn. in 6 months to Rs. 2.36 Tn.• Total assets up by Rs. 361 Bn. to Rs 3.74 Tn. The Commercial Bank of Ceylon Group has reiterated its leadership in financial intermediation, becoming the first private sector banking group in Sri Lanka to cross the Rs. 3 trillion […]
Sampath Bank delivered a strong financial performance for the six months ended 30th June 2026, reporting Total Operating Income of Rs 63.3 Bn, an increase of 17% compared to the corresponding period last year. The Bank’s performance was driven by sustained growth across its core revenue streams, with Net Interest Income increasing by 11% and […]
Amãna Bank PLC in collaboration with the Philatelic Bureau of the Department of Posts of Sri Lanka launched a Special Commemorative Cover and Stamp in celebration of the Bank’s 15th Anniversary. The ceremonial launch was held on August 12, to honour and mark Amãna Bank’s contribution to Sri Lanka’s financial services landscape and its distinctive […]
Continuing its long-standing commitment to empowering future generations through education, Seylan Bank recently opened its 294th ‘Pahasara’ Library at Galgamuwa Maha Vidyalaya, Maharachchimulla, Narammala, marking another milestone in the Bank’s flagship social sustainability initiative. The library was opened in the presence of N.D.R. Jayasuriya, Assistant Director of Education Giriulla Division; Upendra Adhikari Regional Manager North Western Region […]
The Sri Lanka Export Development Board (EDB) has stepped up efforts to strengthen the export readiness of local jewellery manufacturers, with a team led by EDB Chairman Mangala Wijesinghe conducting an observation visit to Ashadi Jewellers (Pvt) Ltd. Established in 1988, Ashadi Jewellers has grown into a major handmade jewellery manufacturer, employing around 330 people. The company […]
The Sri Lanka – China Business Council (SLCHBC) of The Ceylon Chamber of Commerce held its 25th Annual General Meeting recently, marking a quarter-century of partnership and reaffirming its commitment to strengthening bilateral economic cooperation with China. Outgoing President of the SLCHBC Haroun Cader delivered his farewell address after two years at the helm of […]