Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), will visit Sri Lanka from February 16 to 18, 2026, according to a top IMF official. During her visit, she will meet with government authorities and key stakeholders, observe firsthand the impact of Cyclone Ditwah, and discuss ways in which the IMF can support recovery…
Delivers Consolidated Revenue growth of 16% to Rs. 421.40 bn during the nine-month period while demonstrating continued value creation to shareholders with a dividend of Rs.6 per share. 9 bn Rights Issue expected to strengthen balance sheet and financial flexibility Fitch Ratings reaffirms the Group’s national long-term credit rating at ‘AAA (lka)’ with a Stable…
Mr. Waruna Sri Dhanapala has been appointed as Secretary to the Ministry of Digital Economy by President Anura Kumara Dissanayake. The letter of appointment was formally handed over to him this afternoon (13) at the Presidential Secretariat by the Secretary to the President, Dr. Nandika Sanath Kumanayake. Mr. Dhanapala, a Special Grade officer of the…
The High Commissioner of Sri Lanka to Pakistan, Rear Admiral Fred Senevirathne, met Dr. Zeelaf Munir, Chairperson of the Pakistan Business Council (PBC), on 06 February 2026 in Karachi. Dr. Munir, who also serves as the Managing Director and Chief Executive Officer of English Biscuit Manufacturers (EBM), leads Pakistan’s premier business policy advocacy body, which…
The Embassy and Permanent Mission of Sri Lanka in Bangkok successfully facilitated and participated in a series of discussions and negotiations to finalize two important bilateral instruments on labour cooperation between Sri Lanka and the Kingdom of Thailand. A series of constructive negotiations were held virtually with the participation of relevant authorities from both countries…
The computer system at the Department of Immigration and Emigration has been fully restored, and passport services at the main office in Battaramulla and regional offices have returned to normal, the department announced. The Department’s Deputy Controller and Media Spokesperson Mahesh Karunadasa said operations, temporarily suspended since yesterday due to a technical issue, are now…
BIOFACH, being the world’s largest and most influential international trade fair dedicated to the organic sector, provides a vital global platform for countries to promote their certified organic products and strengthen their presence in international markets. Recognizing this importance, Sri Lanka will participate in BIOFACH 2026, to be held in Nuremberg, Germany, from 10th to…
FY25 Performance Highlights Gross Written Premium (GWP): Rs. 40.1 billion Profit After Tax (PAT): Rs. 4.7 billion Return on Equity (ROE): 39% | Earnings Per Share (EPS): Rs. 14.79 Acquisition of Allianz Life Insurance Lanka completed Softlogic Life delivered a strong financial performance for the year ended December 31, 2025, recording a Gross Written Premium…
Spanning tourism, maritime and freight logistics, strategic investments and services, with operations across the region, Aitken Spence PLC, with a legacy of over 157 years, continues to pursue excellence. The Group recorded revenue of Rs. 67 billion for the nine months ending 31st December 2025, underscoring a robust performance across its portfolio of industries. The…
United Motors Group (UML) announced a robust financial performance for the first nine months of the financial year, ended 31 December 2025. Year-to-date Group Profit after Tax (PAT) for the financial year stood at Rs. 2.4 billion, an increase of 5,315% compared to the same period last year. At the company level, United Motors Lanka…
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