DFCC Bank PLC (“DFCC Bank”) is pleased to announce that it has entered into a binding Business Sale Agreement with Standard Chartered Bank, United Kingdom, acting through its branch in Sri Lanka (“SCB Sri Lanka”), to acquire the wealth and retail banking business of SCB Sri Lanka. The proposed acquisition covers all of SCB Sri…
Ambassador Shobini Gunasekera, concurrently accredited to the Republic of Belarus, held a number of meetings with Belarus authorities including the National Center for Marketing, the Belarus Chamber of Commerce and Industry, and Bellegprom Concern, aimed at exploring avenues for economic cooperation and employment opportunities for Sri Lankan skilled work force in Belarus. During the meeting with Director General of…
Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, in partnership with the Marine Environment Protection Authority (MEPA), under the Ministry of Environment, has unveiled Sri Lanka’s first 5G-enabled autonomous water-surface cleaning robot. Designed to collect floating waste and monitor environmental conditions in real time, this pioneering innovation demonstrates the transformative potential of 5G in enabling…
The 15th World Socialism Forum under the theme ‘At the Crossroads of World History: The Choice of All Nations’ was held in Beijing last week & was attended by approx 100 foreign participants. At a time the world is witnessing increased acts of protectionism, unilateralism & geopolitical tensions, Socialist China’s path along the Belt & Road…
The Sri Lanka Export Development Board (EDB), in collaboration with the Sri Lanka Embassy in Beijing and the Consulate General of Sri Lanka in Shanghai, successfully organized Sri Lanka’s national participation at the 8th edition of the China International Import Expo (CIIE) 2025, held from 5th to 10th November 2025 at the National Exhibition &…
A progress review meeting of the Ministry of Digital Economy for the year 2025 was held yesterday (11) at the Ministry premises, under the patronage of President and Minister of Digital Economy, Anura Kumara Dissanayake The discussion focused on assessing the progress and future strategies of digital development projects implemented by the institutions under the…
Generating active and broad-based interest from investors, the Initial Public Offering (IPO) of Ordinary Voting Shares of JF Packaging Limited was heavily oversubscribed within hours of its opening at 9.30am on 30th October 2025. Accordingly, the offer was closed at 4.30 PM on the same day. As one of Sri Lanka’s leading and multi-award-winning flexible…
A high-profile Sri Lankan business delegation, organised by The Ceylon Chamber of Commerce and its Sri Lanka – Greater Mekong Business Council (SLGMBC), will embark on a trade and investment mission to Cambodia from 14th to 18th November 2025. The delegation will explore investment opportunities in agriculture, logistics, manufacturing, renewable energy, tourism, and technology. During…
Diversified portfolio, strategic foresight, and disciplined investment approach drives continued momentum Ambeon Capital PLC, the investment holding company of the Ambeon Group, reported a Profit After Tax (PAT) of LKR 3,820 million for the second quarter of the financial year 2025/26, reflecting a strong continuation of the positive trajectory established in Q1. The year-to-date PAT…
Group Core Business Profit After Tax of LKR 8.5 Bn Group Total Capital Adequacy Ratio of 14.282% Group Total Assets up by 20% to LKR 853 Bn Bank Profit After Tax of LKR 13.3 Bn including disposal gain from Acuity Partners (Pvt) Ltd DFCC Bank maintained its robust performance for the period ended 30 September…
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