In terms of Section 83C of the Banking Act, No. 30 of 1988, as amended, the Central Bank of Sri Lanka has conducted an investigation, ascertained and determined that I.C.A.N Advertising (Pvt) Ltd and its affiliates icanonlineadvertising.com / bannercuts.com / bannercuts.lk / bannercuts.net / bannercuts.org” has engaged, conducted and promoted a prohibited scheme. Accordingly, the following Companies/Apps have…
Prime Lands Residencies PLC has secured the historic Otters Club Car Park property in Colombo 7 through a recently concluded agreement with the Urban Development Authority (UDA), marking one of the most significant residential land acquisitions in the district in recent years. The property will be developed into ‘The Elizabeth’, a landmark residential tower envisioned…
Sri Lanka’s stock market recorded a modest gain on Wednesday (25), with both key indices closing higher amid moderate trading activity at the Colombo Stock Exchange. The All Share Price Index (ASPI) rose by 12.48 points to close at 23,703.10, while the S&P SL20 Index gained 4.15 points to end at 6,685.27 at the close…
SriLankan Engineering has officially signed a new long-term Line Maintenance Agreement with Batik Air Malaysia to support all of the airline’s flights to Colombo, Sri Lanka. This partnership reflects the company’s continued commitment to delivering world-class engineering expertise, high-quality maintenance standards, and reliable operational support to airlines across the region. Under this agreement, SriLankan Engineering…
DFCC Bank PLC (DFCC Bank) was invited by the Colombo Stock Exchange (CSE) to ring the market opening bell to mark the successful launch of Sri Lanka’s first Basel III–compliant Green, Social, Sustainability and Sustainability-Linked Loan (GSS+) Bond – a milestone in the country’s evolving sustainable finance landscape. The bell-ringing ceremony followed the strong market…
Sri Lanka is planning to host what is expected to be the largest investment forum in its history on June 10, according to the Sri Lanka Export Development Board (EDB). Chairman and Chief Executive Officer Mangala Wijesinghe announced the initiative at a media briefing held yesterday (24), noting that the event aims to bring some…
Group Core Business Profit After Tax of LKR 11.2 Bn Group Total Capital Adequacy Ratio of 15.989% Group Net Fee and Commission Income up by 48% to LKR 7.3 Bn Bank Loan Book up by 120 Bn to LKR 516 Bn Bank Profit After Tax of LKR 16 Bn including disposal gain from Acuity Partners…
The Sri Lanka Export Development Board (EDB) recently held a high-level virtual meeting with the High Commission of New Zealand in Sri Lanka, High Commission of Sri Lanka in New Zealand, and representatives of the Sri Lankan business community in New Zealand to promote greater participation at Sri Lanka Expo 2026 and to explore avenues…
Minister of Foreign Affairs, Foreign Employment and Tourism Vijitha Herath will undertake a visit to Germany from 26-27 February 2026 to participate in a series of meetings related to trade and foreign employment, pursuant to an invitation extended by the German-Asia Pacific Business Association of Germany (OAV) Bremen Chapter. The Minister will attend the events related…
The airline is looking to onboard Workshop Technicians via Roadshow in Colombo on 10 March Emirates, the world’s largest international and most profitable airline, is continuing its global search for top-tier aircraft technical talent, with Sri Lanka confirmed as its next destination. The airline will host information sessions in Colombo on 10 March 2026 for…
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