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 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 […]
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 […]
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 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 […]
Leading the Way in High-Potential Land Investments Across Sri Lanka Groundworth (PVT) Ltd has been honored with SPECIAL RECOGNITION for Land Investments at the prestigious Asia Property Guru Awards 2025, reaffirming its position as a trusted leader in Sri Lanka’s real estate sector. This accolade celebrates Groundworth’s commitment to delivering strategically located lands with exceptional […]
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 […]
Hatch, the nation’s award-winning startup hub and a driving force behind Sri Lanka’s entrepreneurial ecosystem, is advancing its boldest initiative yet, the creation of the country’s first Innovation District in Colombo 01. The vision was first introduced publicly during the Startup Nation 2025 launch event in March 2025, and reaffirmed at the program’s culmination on […]
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 […]
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 […]