The Initial Public Offering (IPO) of WealthTrust Securities Limited (WTS) will open tomorrow, inviting the public to subscribe for 71,548,244 Ordinary Voting Shares at an Issue Price of LKR 7.00 per share. Through the Issue, WTS seeks to raise a total of LKR 500,837,708, with the Company’s shares expected to be listed on the Diri Savi BoardContinue Reading
The World Bank Group is deeply saddened by the devastation caused by Cyclone Ditwah in Sri Lanka. Our thoughts are with the people who have lost loved ones, homes, and livelihoods, and with the communities now facing immense hardship. We commend the remarkable resilience shown by Sri Lankans in theContinue Reading
The Consulate General of Sri Lanka in Dubai successfully hosted a high-level breakfast meeting today, bringing together leading travel trade professionals, media partners, airline representatives, and key influencers to promote Sri Lanka as a premier travel destination under the revitalized “Sri Lanka is Ready” tourism campaign. The networking event, heldContinue Reading
Ministry of Finance data confirms Bank’s dominant contribution to national SME credit in 2024, accounting for more than 30% of total loan value The Commercial Bank of Ceylon has once again emerged as the country’s largest lender to small and medium enterprises (SMEs), retaining its position for the fifth consecutiveContinue Reading
DHL Express is marking its 45 years of operations in Sri Lanka, connecting local businesses and communities to global opportunities through its logistics network. Ken Lee, CEO, Asia Pacific, DHL Express, said, “For 45 years, DHL Sri Lanka has been connecting businesses and communities with the world, driving trade, growth,Continue Reading
ITC Ratnadipa announces the launch of Shifu’s Apprentice, an exclusive à la carte dining experience led by Chef Liang and his apprentice, Chef Prithvi, taking place at Yi Jing from 10th to 21st December 2025, from 6.30 PM onwards. Shifu’s Apprentice draws its inspiration from the traditional master–student relationship at the heart of classicalContinue Reading
Ogilvy Group Sri Lanka has once again secured its place among the region’s top marketing and communications agencies at this year’s Campaign Asia Agency of the Year Awards, continuing a winning streak that spans the past seven years. This year’s awards ceremony, held in Mumbai, India, saw Ogilvy Digital andContinue Reading
Almas Holdings (Pvt.) Ltd, a long-term investment holding company with interests in the capital market and real estate sectors, has pledged Rs.225 million to support flood relief and post-disaster rebuilding efforts, underscoring the growing private sector participation in the national recovery initiatives. The commitment is being made through its subsidiary,Continue Reading
With its commitment to supporting the healthcare needs of the community, Yaden Laboratories (Pvt.) Ltd has donated Rs.20 million to the Rebuild Sri Lanka Fund, instantly stepping forward to support the nation rebuilding following Cyclone Ditwah. Yaden Laboratories is a leading Sri Lankan pharmaceutical manufacturing company, 100 percent Sri Lankan-owned,Continue Reading
Delivers strong earnings and superior asset qualityVallibel Finance PLC sustained its robust upward trajectory in the first half of FY 25/26, delivering exceptional financial results and further consolidating its position among Sri Lanka’s top five financial institutions. The company reported a profit before tax (PBT) of Rs.2.7 billion for theContinue Reading