Business and Economy

Sri Lanka’s apparel exports gained a huge market opportunity from the UK market, it has been reported that Sri Lanka’s apparel exports declined by 2.66% year-on-year in January 2026, falling to US$ 425.44 million from US$ 437.07 million in January 2025, reflecting continued pressure across key export markets. Exports toContinue Reading

Bank of Ceylon (BOC) concluded the financial year ended 31st December 2025 with a landmark performance, achieving a Profit After Tax (PAT) of Rs. 76.0 billion, 18% increase over the previous year, while Profit Before Tax (PBT) reached Rs. 120.8 billion. Beyond financial growth, this year marked a pivotal shiftContinue Reading

Amana Takaful Life PLC provides the best investment options for life insurance policyholders and has delivered an exceptional performance across its unit-linked fund portfolio in 2025, generating strong returns for policyholders through disciplined, strategic, and well-structured fund management. According to the fund performance review as at December 31, 2025, AmanaContinue Reading

Prime Lands Residencies PLC has secured the 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 β€˜The Elizabeth’, aContinue Reading

Sri Lanka’s tea exports recorded a strong start to 2026, with volumes and values posting year-on-year gains in January, according to the latest industry data. Ceylon Tea exports for January 2026 totalled 20.71 million kilograms (M/Kgs), reflecting an increase of 1.34 M/Kgs compared to 19.37 M/Kgs recorded in January 2025.Continue Reading

CIPM launches QS-Accredited CQHRM The Chartered Institute of Personnel Management (CIPM) Sri Lanka, marked a defining milestone in its distinguished history with the official launch of the revised Chartered Qualification in Human Resource Management (CQHRM), now internationally accredited by Qualifications Scotland (QS) at Scottish Credit and Qualifications Framework (SCQF) LevelContinue Reading

As anticipation builds for the Battle of the Blues, Prima KottuMee and Prima Treats have once again stepped forward as the Speciality Food Partner to support one of Sri Lanka’s most celebrated school sporting traditions. The historic three-day encounter between Royal College Colombo, and S. Thomas’ College Mount Lavinia, isContinue Reading