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HNB records robust growth, reinforcing commitment to national economic progress

• Group assets cross Rs 2.5 Tn • Advances growth in Q2 exceeds Rs 100 Bn • Deposits grow by over Rs 140 Bn in Q2 • Asset quality continues to improve, with the net Stage 3 ratio at 1.59% • Persistently strong capital buffers underpin financial stability • Recognised once again by ‘The Banker’…

(0)Comments | August 14, 2025 11:28 am

Nations Trust Bank PLC delivers 26% loan growth in 1H 2025 supporting economic revival

LKR74Bn Loan Growth, up 26% YoY Profit After Tax of LKR 9Bn. up 10% YoY Net Stage 3 Ratio of 1.24% Total Capital Adequacy Ratio of 18.24%, Return on Equity 21.25% Nations Trust Bank PLC reported strong  results for the six months ending 30th June 2025, achieving a Profit After Tax (PAT) of LKR 9Bn,…

(0)Comments | August 13, 2025 4:21 pm

Applied Graphite Technologies Raises C$669,000 for Sri Lanka Vein Graphite Project

Applied Graphite Technologies Corporation (“AGT”) (TSXV: AGT) announced that it has completed the final tranche of a non-brokered private placement offering (the “Offering”) to advance its Queens Mine Complex vein graphite project in Sri Lanka, raising gross proceeds of approximately Cdn$669,000. In total, AGT issued 11,150,001 common shares at a price of Cdn$0.06 per share….

(0)Comments | August 13, 2025 12:28 pm

Home Lands Group Acquires Rs. 4.5Bn Colombo Property – Largest Land Deal in City’s History

🔸 Largest land transaction in Colombo – Rs. 4.5 Billion+ 🔸 Highest price per perch ever recorded – Rs. 29 Million 🔸 40-Storey Twin Towers – Pentara Residencies 🔸 BOI-approved project funded by HNB 🔸 Largest single residential high-rise investment by a Sri Lankan developer In a landmark real estate transaction that has made history, Home Lands Group, Sri Lanka’s leading and most trusted…

(0)Comments | August 13, 2025 11:47 am

FACETS Sri Lanka 2026 Marks a Bold New Era at Cinnamon Life

FACETS 2026 Sri Lanka, the nation’s most prestigious gem and jewellery exhibition, proudly announces its 32nd edition with a dynamic new direction. FACETS 2026 will take place from 3rd to 5th January 2026 at The Forum, Cinnamon Life – City of Dreams, heralding an exciting transformation for the globally renowned event. This year, FACETS moves…

(0)Comments | August 13, 2025 10:57 am

First Capital Holdings PLC reports robust Q1 FY2025/26 performance with Rs. 2.15Bn Profit after Tax

First Capital Holdings PLC (the Group), a subsidiary of JXG (Janashakthi Group) and a pioneering full-service investment institution, announced its financial results for the first quarter ended 30 June 2025, reporting a Profit after Tax (PAT) of Rs. 2.15Bn, a substantial increase from Rs. 582Mn recorded in the corresponding period of the previous year. This…

(0)Comments | August 13, 2025 10:15 am

Sri Lanka’s first ever National AI Expo & Conference to drive transformation towards an AI-powered future

Ministry of Digital Economy, ICTA, and SLT-MOBITEL pioneer national initiative Sri Lanka pioneers a new era with the launch of the inaugural National AI Expo & Conference, scheduled for September 29-30, 2025, setting the stage for a transformative shift in the nation’s digital evolution. The trailblazing initiative is the country’s most ambitious undertaking to position…

(0)Comments | August 13, 2025 8:37 am

Ready for Large-Scale Investment in Sri Lanka – ROX Group

President Meets Heads of Vietnam’s ROX Group President Anura Kumara Dissanayake met with senior representatives of Vietnam’s ROX Group at the Presidential Secretariat yesterday (12). The delegation was led by Mr. Tran Anh Tuan, Chairman of the Advisory Board of ROX Group and Chairman of the Maritime Commercial Joint Stock Bank (MSB). The ROX Group…

(0)Comments | August 13, 2025 8:15 am

Sri Lanka would have needed revised IMF programme if 44% US tariff had stayed – CBSL Governor

The Colombo Stock Exchange (CSE), in collaboration with the Securities and Exchange Commission of Sri Lanka (SEC) and the stock broking industry, successfully hosted the Invest Sri Lanka Investor Forum in Singapore today (12), where Central Bank Governor Dr. Nandalal Weerasinghe said that the recent reduction of US tariffs on certain exports has spared Sri…

(0)Comments | August 12, 2025 2:27 pm

‘Invest Sri Lanka’ Investor Forum Held in Singapore to Boost Foreign Investment

The Colombo Stock Exchange (CSE), in collaboration with the Securities and Exchange Commission of Sri Lanka (SEC) and the stock broking industry, successfully hosted the ‘Invest Sri Lanka’ Investor Forum in Singapore this morning (12). The event aimed to deepen engagement with global investors and promote Sri Lanka’s capital market as an attractive frontier investment…

(0)Comments | August 12, 2025 1:03 pm

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