Directors should be less concerned about the cost of complying with governance requirements and more focused on ensuring boards discharge their responsibilities properly, Minor International Group CEO and Minor Hotels Thailand CEO Dillip Rajakarier said, arguing that strong governance protects corporate reputation and ultimately financial performance. Speaking during a panel discussion at the recent Sri […]
Texworld NYC, Apparel Sourcing NYC, and Home Textiles Sourcing NYC—the East Coast’s premier textile and apparel sourcing events—concluded successfully at the Jacob K. Javits Convention Center in New York City, USA, from 29–31 July 2026. Recognised as the largest textile and apparel sourcing trade show on the East Coast, the exhibitions brought together more than […]
Sampath Bank PLC recently brought together SME entrepreneurs, business leaders, strategic partners and members of its management team at The Thinnai Hotel, Jaffna, for its fifth SME Business Circle in the Northern Region, creating a platform for discussions centred on growth, resilience and long-term business success. The gathering formed part of the Bank’s continued commitment […]
Building on a 61-year legacy of advancing corporate reporting excellence in Sri Lanka, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) announced the opening of applications for the TAGS Awards 2026, the country’s most prestigious and longest-running benchmark for excellence in corporate reporting. Applications opened on July 31, 2026 and will close […]
SDB bank has strengthened its business banking footprint with the opening of its new Business Centre at 167, Union Place, Colombo 02, a strategic move aimed at expanding its presence within one of Colombo’s most prominent commercial districts. The relocation reflects the Bank’s continued focus on delivering specialised financial solutions, strengthening relationships with corporate clients, […]
Toyota Lanka, the sole authorized distributor of Toyota Brand New Vehicles in Sri Lanka, officially unveiled the All-New Toyota Hilux and All-New Toyota RAV4 2026 at its exclusive launch event, “Unlocked,” held at Toyota Plaza, Wattala. The grand unveiling welcomed over 250 business partners, industry stakeholders, customers, and media representatives, celebrating another significant milestone in […]
Sri Lanka has reaffirmed its commitment to protecting and promoting overseas investments, with Foreign Minister Vijitha Herath visiting the country’s first-ever investment projects in the Philippines and encouraging more Sri Lankan businesses to explore opportunities in the Southeast Asian nation. The Minister visited the PHIVIDEC Industrial Estate in Misamis Oriental on July 25 during his […]
Sri Lankan owned resort investments continue to operate successfully in the aldives. In 2025, bilateral trade reached approximately US$137 million. Sri Lankan exports accounted for around US$130 million and imports from the Maldives totalled approximately US$5.7 million, Masood Imad High Commissioner of the Republic of Maldives to Sri Lanka told the Sri anka–Maldives Business Council […]
* Profit before Income Tax – LKR 9.3 Bn up by 10.10%* Profit after Tax – LKR 6.1 Bn up by 10.78%* Total Assets reach LKR976 Bn The Bank recorded a Profit Before Income Tax (PBT) of LKR 9,298Mn duringH1 2026, compared to LKR8,444 Mn reflecting a year-on-year growth of 10.10%. For the 6months ended […]
People’s Bank has been honoured with the Overall Gold Award at the prestigious National Business Excellence Awards (NBEA) 2026, presented by the National Chamber of Commerce of Sri Lanka (NCCSL), in recognition of its outstanding performance across all business sectors. The accolade marks one of the highest honours bestowed upon a Sri Lankan organisation for […]