In a move aimed at accelerating solar adoption across Sri Lanka, Hayleys Solar, Sri Lanka’s No. 1 solar energy provider, has joined forces with PMF Finance PLC to provide accessible financing solutions that help residential and commercial customers invest in clean energy with greater ease and confidence. The partnership brings together Hayleys Solar’s extensive expertise […]
People’s Bank, one of Sri Lanka’s leading banking and financial institutions, celebrated its 65th anniversary on July 1, marking six and a half decades of dedicated service to the nation. Since its establishment in 1961, the Bank has played a pioneering role in expanding access to formal banking services, promoting financial inclusion and supporting the […]
Amana Bank PLC has acquired ownership of its Corporate Office premises located at Galle Road, Colombo 3 from Lee Hedges PLC. The property transfer took place recently in the presence of Amana Bank’s Chairman Asgi Akbarally, members of the Board of Directors and the Management Committee, as well as the Directors of Lee Hedges PLC. […]
Fashion Bug recently donated theatre angiogram covers to the Cardiac Catheterisation Laboratory at Colombo South Teaching Hospital, Kalubowila. The programme was held on March 30, at the hospital premises as part of the brand’s ongoing CSR initiatives. The Cardiac Catheterisation Laboratory is a vital unit within the hospital that facilitates a wide range of diagnostic […]
People’s Leasing & Finance PLC (PLC), a leading non-bank financial institution and a subsidiary of People’s Bank, has further expanded its branch network with the inauguration of its new branch in Bibile. The new branch is centrally located at Badulla Road, Bilile. The opening ceremony was graced by the presence of a distinguished gathering, including […]
LB Finance PLC has secured long-term funding of USD 20 million and USD 15 million from Norfund and Swedfund, respectively. This marks the first time LB Finance is entering into a partnership with these reputable European Development Finance Institutions (DFIs). As the second-largest Non-Bank Financial Institution (NBFI) in Sri Lanka, LB Finance commands total assets […]
Market leader, Home Lands Group has marked another significant milestone with the acquisition of its 2nd land parcel within Port City Colombo’s prestigious Central Park District. The newly acquired land parcel spanning over 3 acres in extent, is similar in size and located adjacent to the land previously purchased for the landmark Central Park Boulevard […]
Sri Lanka has outlined an ambitious vision to transform itself from a consumer of artificial intelligence (AI) technologies into a trusted regional producer and partner in the global digital economy, said Deputy Minister of Digital Economy Eranga Weeraratne addressing the GSMA Roundtable at MWC Shanghai 2026. Speaking at the session themed “Powering the AI Economy: […]
Sri Lanka’s garment and textile export earnings declined by 4.84 percent during the first five months of 2026 compared to the corresponding period last year, although the sector recorded a strong recovery in May, according to the Export Development Board (EDB). EDB data showed that export revenue from garments and textiles fell to US$ 2,033.39 […]
Federation Internationale de L’ Automobile (FIA) which is the World Largest Mobility and Sports Organisation in Geneva Switzerland, who has membership of 245 Clubs from 149 Countries held its Extra Ordinary General Assembly hosted by The General Association Macau China recently. Delegation of the Executive Committee members of the Automobile Association of Ceylon also represented […]