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Pan Asia Bank Crosses Rs. 350 Bn In Assets; 1H Profit Rises 16%

Srilanka, Aug. 14 -- Pan Asia Bank has surpassed Rs. 350 billion in total assets for the first time in its 31-year history, reporting a strong performance for the first half of 2026. For the six mont... और पढ़ें


Sampath Bank Records Half Year Results with Profit After Tax of Rs 16.6 Bn, Reflecting 13% Year-on-Year Growth

Srilanka, Aug. 13 -- Financial Performance 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 ... और पढ़ें


JXG signs agreement to acquire 100% stake in Continental Insurance Lanka Limited

Srilanka, Aug. 13 -- Janashakthi PLC (JXG) has entered into a Share Purchase Agreement with Melstacorp PLC (MELS), the sole shareholder of Continental Insurance Lanka Limited (CILL), to acquire a 100%... और पढ़ें


Governor's remarks do not signal future policy rate path or level: CBSL

Srilanka, Aug. 13 -- The Central Bank of Sri Lanka (CBSL) clarified that recent media reports had misinterpreted remarks made by the Governor during a media interview. CBSL said its monetary policy i... और पढ़ें


Sri Lanka remains vulnerable to energy price shock but is more resilient than in the past - Moody's Ratings

Srilanka, Aug. 12 -- Bangladesh (B2 negative), Pakistan (Caa1 stable) and Sri Lanka (Caa1 stable) are among the most vulnerable economies in Asia to high oil prices stemming from the Middle East confl... और पढ़ें


Cabinet Approves Tender to Build Three Fuel Storage Tanks at Muthurajawela Terminal

Srilanka, Aug. 11 -- The Cabinet of Ministers has approved a proposal by the Minister of Energy to award the contract for constructing three new fuel storage tanks at the Muthurajawela Terminal to a j... और पढ़ें


Cabinet Approves Rs. 1 Bn Funding Package for Lanka Metro Transit

Srilanka, Aug. 11 -- The Cabinet of Ministers has approved a total funding allocation of Rs. 1,067.5 million for Lanka Metro Transit (Private) Limited, comprising Rs. 800 million in equity capital for... और पढ़ें


Ambassador Saman Chandrasiri Presents Credentials to the President of the State of Israel

Srilanka, Aug. 10 -- The newly appointed Ambassador of Sri Lanka to the State of Israel, Saman Chandrasiri, presented his Letter of Credence to H.E. Isaac Herzog, President of the State of Israel, on ... और पढ़ें


Rosamund Pike visits Sri Lanka as mine clearance reaches one-million milestone

Srilanka, Aug. 7 -- Visit Rosamund Pike to Cambodia Mines Advisory Group February, 2023 Golden Globe, Emmy, and Olivier Award-winning actor Rosamund Pike, ambassador to the Mines Advisory Group (MAG),... और पढ़ें


When is the best time to hire a dedicated software development team?

Srilanka, Aug. 7 -- Dedicated development teams have recently gained much popularity, as they enable businesses to enjoy all the benefits that a software outsourcing company typically offers - while w... और पढ़ें