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1H 2026 Revenue: Rs 95.5Bn, up 9% YTD 1H 2026 EBITDA: Rs 50Bn, up 23% YTD, EBITDA Margin of 52.3% for 1H, up 6.0pp YoY 1H 2026 NPAT: Rs 19.3Bn, up >+100% YTD Taxes Paid to GoSL: Rs 30.9Bn (Rs 8.1Bn in Direct, Rs 22.8Bn Indirect) Investment in Digital Infrastructure: Rs 18.5Bn; Operating Free Cash…
Featured
What happens when Pan-Asian flavour meets a centuries-old philosophy of mindful eating? At Yazu at the Beach, the answer is a menu that is colourful, playful and seriously delicious, while opening up a new dining avenue for vegetarian and Jain guests on Sri Lanka’s southern coast. Yazu at the Beach, the beachfront Pan-Asian dining destination…
Domino’s, the world’s largest pizza brand, marked its 15th anniversary in Sri Lanka by creating the longest pizza ever made in the country, bringing together employees and partners to celebrate the milestone. Since entering the Sri Lankan market in 2011, Domino’s has served more than two million customers and their families, becoming part of celebrations,…
The Indian Cultural Association (ICA) today announced the launch of the third edition of the ICA International Marathon, scheduled to take place on 13 December 2026 at Galle Face Green, Colombo. The event is set to bring together runners, fitness communities, corporate teams, and international participants for a certified road-running experience that combines athletic ambition…
The Sri Lanka Institute of Marketing (SLIM) has announced the SLIM SME Development Awards (SMEDA) 2026, continuing its national commitment to recognising and rewarding outstanding achievements among Sri Lanka’s Micro, Small and Medium Enterprises (MSMEs) in marketing, branding, sales, innovation and sustainable business growth. Building on the success of previous editions, SMEDA 2026 aims to…
LAUGFS Supermarkets marked another milestone in its expansion journey with the opening of its 44th supermarket on 27 July 2026 at No. 355, Galle Road, Mount Lavinia. Strategically located along one of Sri Lanka’s busiest commercial corridors, the new outlet offers customers a convenient 24-hour shopping experience, complemented by a fresh bakery, hot food section,…
As Vietjet prepares to launch its direct route between Colombo and Ho Chi Minh City on 18 August 2026, the airline is celebrating two recent honours from the 2026 Flyers’ Choice Awards, organised by AirlineRatings: “Favourite Low-Cost Carrier” and “Best Cabin Crew Uniform.” Determined by travellers’ votes, the awards recognise Vietjet’s distinctive brand and cabin…
The Digital Marketing Association of Sri Lanka (DMASL) has officially announced the return of Digital Summit Asia – Sri Lanka 2026, taking place from 1–2 October 2026 at Water’s Edge, Colombo, with an exclusive C-Suite Event on 30 September. Returning with a renewed regional identity and expanded international vision, the summit will bring together Asia’s…
Robbialac, the flagship paints brand of Lankem Ceylon PLC, strengthened its connection with consumers through its partnership as the Official Colour Partner of the Derana International Kite Festival 2026, transforming the brand’s association with colour into an engaging, experiential presence at the popular family event. Held at Galle Face Green, the festival transformed Colombo’s iconic…
Vietnam’s #1 bank to build a greenfield, AI-native digital platform, redefining the mobile-first experience for corporate clients and accelerating enterprise innovation. Virtusa Corporation, a global product and platform engineering services company, today announced a strategic partnership with Vietcombank (VCB), Vietnam’s leading state-owned commercial bank. Following the official project kickoff ceremony held on July 30 in…
OneDriver.lk marked a milestone on 12 August 2026, winning Silver in the Best Automotive Website category at BestWeb.LK 2026. The award reflects its journey from handwritten booking records to a fully automated, technology-driven service. This recognition also highlights the close partnership between OneDriver and HighFlyer. While OneDriver has remained focused on safety, reliability and personal…
Top News
With the objective of further strengthening the cooperation between Sri Lanka and Japan in the fields of digital transformation and artificial intelligence (AI), a special discussion was held today (14) at the Ministry of Digital Economy between Eng. Eranga Weeraratne, Deputy Minister of Digital Economy, and a delegation led by Mr. Hara Shohei, Senior Vice…
The Commissioner General of Inland Revenue has officially announced a delay in the mandatory implementation of the revised Value Added Tax (VAT) invoice format, according to a newly released government notification. By virtue of the powers vested under Section 20 of the Value Added Tax Act, No. 14 of 2002, Commissioner General Rukdevi Perpetua Himali…
Janashakthi Life, the flagship company of JXG (Janashakthi Group), delivered a strong first-half performance in 2026, with Gross Written Premiums (GWP) increasing by 36% year-on-year to Rs. 5.11 billion. The Company’s growth significantly outpaced the industry’s 20.8% growth during the period, reflecting continued demand for its life insurance solutions and progress in expanding its customer…
Grows market share to 20.3% as at Q2 2026 Pays Rs. 10.4 Bn in claims and benefits 7.2 Bn in health and protection claims – Sri Lanka’s largest health and protection claims payer Protects 1.8 million+ Sri Lankans through 870,000+ active policies – Sri Lanka’s largest customer base Softlogic Life reported its strongest first-half performance…
PBT rises 27% as Net Operating Income grows 24.7% in first quarter of FY 2026/27 Janashakthi Finance PLC, a subsidiary of JXG (Janashakthi Group), has opened the financial year 2026/27 with strong growth across key performance indicators, recording a 51% year-on-year increase in Net Profit After Tax (NPAT) to Rs. 90.4Mn for the period ended…
Establishment of Expert Support Unit to accelerate industrial development. The United Nations Development Programme (UNDP) in Sri Lanka and the Ministry of Industry and Entrepreneurship Development (MoIED) have entered into a strategic partnership to enhance the Ministry’s institutional and technical capacity through the establishment of an Expert Support Unit, aimed at accelerating industrial development, strengthening entrepreneurship and…
Reuters – Global stocks hovered around record highs on Friday, set for a third weekly gain after benign inflation data dented expectations for a U.S. rate hike next month, although faltering talks to end the war in the Middle East sent oil prices higher. Oil and gas prices were still set for sizeable weekly gains, as the impasse over…
First Capital Holdings PLC, a subsidiary of JXG (Janashakthi Group) and a pioneering force in Sri Lanka’s capital markets landscape, navigated a challenging first quarter of financial year 2026/27 amid heightened global economic uncertainty, geopolitical tensions and significant movements in interest rates. While market conditions placed pressure on fixed income trading activities, the Group’s diversified…
Analysis
An exclusive Q&A with Senal Seneviratne – Senior Executive Vice President – Corporate Banking, Nations Trust Bank Port City Colombo is positioned to become a regional hub connecting global businesses with opportunities across South Asia and beyond. As this ambitious development continues to attract international interest, the financial sector will play an important role in…
By Haridhu Abeygoonaratne, Managing Director/COO – SimCentric /Vice Chair – SLASSCOM At first glance, it seems improbable that a company developing advanced military simulation technologies for organisations such as the US Marine Corps, the US Military Academy, the UK Ministry of Defence and armed forces across NATO and Commonwealth countries would have its engineering nerve…
The Economy: Muted Optimism amid Caution Corporate confidence in the economy edged higher in July, supported by improved expectations in business circles regarding the months ahead. Nevertheless, sentiment remains measured as businesspeople continue to contend with rising costs and uncertainty surrounding the broader economic outlook. THE ECONOMY The latest LMD-PEPPERCUBE Business Confidence Index (BCI) survey,…
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