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HIP expands RoRo capacity with new yard

Sri Lanka, March 3 -- The Hambantota International Port (HIP) has commissioned a new six-hectare roll-on/roll-off (RoRo) yard as part of Stage I of Phase II of its RoRo yard expansion programme, marki... Read More


McLarens Group unveils improved Mobil-3M Experience Center

Sri Lanka, March 3 -- McLarens Group announced the opening of the Mobil-3M Experience Center, a state-of-the-art showroom located at Union place, Colombo 02, bringing innovation, science, and performa... Read More


TONIK targets high-value tourism segment with story-led villa portfolio

Sri Lanka, March 3 -- TONIK, a design-led villa brand backed by the diversified Acorn Group, seeks to capture high-yield global travellers looking for culturally immersive experiences, largely through... Read More


Evolution Auto joins hands with Sterling Aftercare assuring after-sales support

Sri Lanka, March 3 -- Evolution Auto (Pvt) Ltd recently announced a strategic partnership with Sterling Aftercare, offering customers and prospective buyers across Sri Lanka access to premium full-ser... Read More


Sri Lanka's rubber industry at crossroads amid economic and structural stress

Sri Lanka, March 3 -- Sri Lanka's rubber industry entered 2025 under mounting pressure from weakening global demand and policy uncertainty to persistent disease outbreaks, labour shortages and rising ... Read More


Union Bank to raise Rs.3bn via Basel III-compliant debenture issue

Sri Lanka, March 3 -- Union Bank of Colombo PLC announced its proposed debenture issue 2026, a strategic move aimed at raising up to Rs.3 billion. This issue is designed to bolster the bank's Tier I... Read More


Union Bank profits soar while asset quality improves

Sri Lanka, March 3 -- Union Bank of Colombo PLC reported sharply higher profits for the three months ended in December 2025, the bank's financials showed, as the banking sector earnings wrapped up. T... Read More


Seylan Bank sees solid 2025 with quarterly profit up 9.4%

Sri Lanka, March 3 -- Seylan Bank PLC reported higher top and bottom-lines in the quarter ended in December 2025, defying the absence of one-off gains from provision reversals, as the other provisions... Read More


SLT group ends 2025 strong as 4Q profit rises on efficiency gains

Sri Lanka, March 3 -- The SLT group closed 2025 with a markedly stronger December quarter, as tighter cost controls and easing finance costs lifted the operating profit, despite only a marginal revenu... Read More


Apparel exports dip in January as global demand wavers

Sri Lanka, March 3 -- Sri Lanka's apparel exports fell 2.66 percent in January 2026 to US $ 425.44 million, from US $ 437.07 million a year earlier, reflecting the persistent pressure across key marke... Read More