Exclusive

Publication

Byline

Location

Hemas Group records earnings of Rs. 3 bn, a 36-pct growth for the quarter

Sri Lanka, Feb. 6 -- The Hemas Group recorded earnings of Rs. 3.0 billion, a 36.3 percent growth in consolidated earnings for the quarter with revenue increasing by 6.4 percent to Rs. 33.2 billion and... Read More


Fitch Upgrades 4 Sri Lankan Insurers' National IFS Ratings After Scale Recalibration, Affirms Three

Sri Lanka, Feb. 6 -- Fitch Ratings has upgraded the National Insurer Financial Strength (IFS) Ratings of four Sri Lankan insurers following the recent sovereign upgrade and recalibration of the agency... Read More


The Technocity Pvt Ltd Expands to Dubai, Bringing Premier IT Solutions to the UAE

Sri Lanka, Feb. 6 -- The Technocity Pvt Ltd, Sri Lanka's leading IT distributor, has officially expanded its operations to Dubai, UAE, signalling a significant milestone in its journey of growth and i... Read More


Sri Lanka's DFCC's Acuity Stake Disposal Yields Limited Capital Boost

Sri Lanka, Feb. 5 -- Sri Lankan DFCC Bank PLC's (DFCC, A(lka)/Stable) divestment of its 50% stake in Acuity Partners (Pvt) Limited (APL) is unlikely to result in a material improvement in its regulato... Read More


President to undertake a visit to UAE to attend the World Government Summit 2025

Sri Lanka, Feb. 5 -- President Anura Kumara Disanayaka will undertake a visit to the United Arab Emirates from 10-13 February 2025 at the invitation of President of the UAE Mohamed Bin Zayed Al Nahyan... Read More


TISL Challenges Procurement Guidelines and Procurement Manual (2024) in Supreme Court

Sri Lanka, Feb. 5 -- Transparency International Sri Lanka (TISL) has filed a Fundamental Rights Petition (SCFR/22/2025) in the Supreme Court on Friday, 31st January 2025, challenging the Procurement G... Read More


India's top Lube brand Hindustan Petroleum Lubricants arrives in SL with Sea World Lanka

Sri Lanka, Feb. 5 -- Hindustan Petroleum Lubricants markets more than 450 grades of Lubricants/Greases and caters to many global auto OEMs To offer full range of premium and world class Automotive, I... Read More


ComBank Digital integrates with CSE's Central Depository System for IPO settlements

Sri Lanka, Feb. 5 -- The Commercial Bank of Ceylon has announced that ComBank Digital, the Bank's digital banking platform, is now linked with the Central Depository System (CDS) of the Colombo Stock ... Read More


Visa: End-of-Year Tourist Transactions Up by 40% in Sri Lanka This Holiday Season

Sri Lanka, Feb. 5 -- Surge in card transactions by tourists was driven largely by in-store use of debit cards Domestic debit spends grew by 45% while cross-border debit spends grew by almost 30% Dom... Read More


Vehicle Cost Calculator: 2025 Brand New vehicle prices for new orders after import ban

Sri Lanka, Feb. 1 -- Explore the Vehicle Cost Calculator provided by Capital Alliance by clicking the link below. Sri Lanka Vehicle Cost Calculator Sri Lanka Vehicle Import Cost Calculator - CAL Sri... Read More