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…
First Capital Holdings PLC (the Group), a subsidiary of JXG (Janashakthi Group) and a pioneering force in Sri Lanka’s investment landscape, announced a stellar performance for the six months ended 30th September 2025, recording a Profit after Tax of Rs. 3.43 Bn, a substantial increase from Rs. 897 Mn in the corresponding period of the…
Airport and Aviation Services (Sri Lanka) (Private) Limited has announced the launch of 14 new check-in counters at the Bandaranaike International Airport (BIA), introduced on a trial basis on November 10, 2025. The new facility, constructed within just one month at the newly built marquee area, reflects the collaborative efforts of the Sri Lanka Tourism…
Fitch Ratings – The Sri Lankan government’s latest budget indicates that the authorities remain committed to reducing government debt/GDP over the medium term after beating their targets in the 2025 budget. Fitch Ratings believes sustained strong revenue performance will remain key to meeting the government’s fiscal goals. The budget, unveiled on 7 November, targets a…
The Sri Lanka Apparel Brands Association (SLABA), representing all leading Sri Lankan apparel and fashion brands, enthusiastically welcomes the Budget, which addresses the majority of the industry’s key requests to strengthen the domestic apparel ecosystem. Government Hears Industry Voice SLABA commends the Government for responding decisively to industry concerns, particularly the implementation of VAT on…
Shamil Mendis Elected President at 30th AGM of Sri Lanka–Korea Business Council The Sri Lanka–Korea Business Council (SLKBC) of The Ceylon Chamber of Commerce held its 30th Annual General Meeting with Her Excellency Miyon Lee, Ambassador of the Republic of Korea to Sri Lanka, gracing the event as Chief Guest. In her address, Ambassador Lee…
A total of 61,890 tourists have arrived in the country thus far in November, data from the Sri Lanka Tourism Development Authority (SLTDA) shows. According to data released by the SLTDA, a total of 15,541 tourists have arrived from India which accounts to 25.1%. Furthermore, 8,220 persons from Russia, 4,740 from Germany, 4,450 from the…
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