Seylan Bank reported its financial results for the year ended 31 December 2025, reporting a strong growth in profitability. The Bank recorded a Profit Before Tax (PBT) of LKR 19.6 billion, reflecting a 22.3% increase compared to LKR 16.0 billion reported in the previous financial year. For the year under review, Profit After Tax (PAT) […]
Category: Business
Imperial Advisors of the WIS Group opens new office
Imperial Advisors, part of the WIS Group, a Sri Lankan company that provides Financial Solutions in the United Kingdom, has officially opened its Conveyancing office in Kohuwela. The new office was ceremonially declared opened on the 2nd of February 2026 by WIS Group Co-Founder Ifthikar Mohamed to advance a unified Mortgage and Conveyancing approach for […]
Prime Lands Residencies PLC Secures the Historic Otters Club Car Park Property to Develop “The Elizabeth” — A Defining New Address in Colombo 7
Colombo, Sri Lanka – 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 […]
Advantis and Sarens Forge Strategic Joint Venture to Strengthen Heavy Lift and Engineered Transport Capabilities
The transportation and logistics arm of Hayleys PLC, Hayleys Advantis Limited, entered into a strategic agreement with Sarens Heavy Lift India Pvt Ltd, part of the Belgium-based Sarens Group, a global leader in crane rental and engineered heavy lifting, to collaborate on projects involving the supply and operation of heavy lift cranes and specialised lifting […]
Samsung Sri Lanka Unveils ‘Wowurudu’ Avurudu Season Campaign
Samsung Sri Lanka is set to welcome the Avurudu season with the launch of its latest consumer electronics campaign, ‘Wowurudu’, starting 15th February 2026. Inspired by the spirit of Avurudu, the campaign celebrates new beginnings, togetherness, and the joy of upgrading everyday living with Samsung’s trusted technology. Rooted in local traditions and modern lifestyles, ‘Wowurudu’ […]
PMF Finance PLC Appoints Nishani Perera as Non-Executive Independent Director
PMF Finance PLC has announced the appointment of Ms. Nishani Perera as a Non-Executive Independent Director, further strengthening the Company’s strategic oversight, governance framework, and board-level expertise as it continues to advance its transformation and long-term growth agenda. Ms. Perera is a Fellow Member of the Institute of Chartered Accountants of Sri Lanka and brings […]
IRONMAN 70.3 Colombo Powers #ColomboActiveWeek in Landmark Return to Sri Lanka
Colombo came alive with energy, endurance, and international sporting excellence as IRONMAN 70.3 Colombo successfully concluded on 22 February 2026 at Port City Colombo, anchoring the city-wide #ColomboActiveWeek held from 19–22 February 2026. The multi-day celebration transformed Colombo into a global hub for sport, wellness, and active lifestyles, welcoming athletes, families, and spectators from 51 […]
LK Domain Registry Partners with iQ Global AS to Safeguard an Abuse-Free .LK Namespace
As internet usage continues to grow rapidly in Sri Lanka, incidents such as fake banking websites, fraudulent online stores, phishing emails and malware attacks have become more common. These activities can mislead users, steal personal information and damage the reputation of legitimate businesses. Protecting the .LK domain namespace and keeping it reputable, dependable and secure […]
IRCSL transforms Sri Lanka’s insurance industry with first-ever Centralized Insurance Data Repository
The Insurance Regulatory Commission of Sri Lanka (IRCSL) in collaboration with Credit Information Bureau of Sri Lanka (CRIB) has officially unveiled the Centralized Insurance Data Repository marking a new chapter in the country’s insurance sector. The initiative was conceptualized under the leadership and guidance of Dr. Ajith, Chairman of the IRCSL, whose commitment to strengthening […]
HNB Partners with CARMART to Expand Peugeot and LEAP Vehicle Leasing Options
HNB PLC, the leading private bank in Sri Lanka has entered into a strategic partnership with CARMART Private Limited to promote Peugeot and LEAP brand vehicles in Sri Lanka. The collaboration strengthens HNB Leasing offerings and expands access to globally recognized vehicle brands for customers across the island. The partnership brings together HNB Leasing expertise […]