Cost pressures outweigh fuel price gains at Lanka IOC in 1Q
Lanka IOC PLC (LIOC) reported a 34 percent decline in first quarter profits despite a sharp increase in revenue, as…
Category: News
State entities face heat over delayed annual reports and financial mismanagement
Prime Minister Dr. Harini Amarasuriya this week rebuked ministries and state institutions over years-long delays in filing annual reports and…
Central Bank keeps policy rate at 8.75% due to inflation rise
The Central Bank of Sri Lanka (CBSL) has decided to maintain the Overnight Policy Rate (OPR) at 8.75%, citing the…
Sri Lanka’s exports surpass US$9 billion in first half of 2026
Sri Lanka’s total exports exceeded the US$9 billion mark during the first six months of 2026, reflecting continued growth in…
Inaugural FIFA halftime show: Hit or Flop?
The FIFA World Cup final between Argentina and Spain saw Spain secure a 1-0 victory after extra time to lift…
Union Bank launches loan for govt. pensioners
Union Bank announced the launch of the new Union Bank Pension Loan, to empower the government pensioners live their retirement…
First Capital-Hatch launch Startup Nation 2026
Hatch has teamed up with First Capital Holdings PLC to launch the 2026 edition of First Capital Startup Nation, following…
HNB General Insurance strengthens board
HNB General Insurance Ltd (HNBGI) has announced the strategic appointments of Lakshman Silva as Non-Executive/Nominee Director and Sandra De Zoysa…
Swedish envoy reaffirms plans to bring trade delegation to Sri Lanka Expo 2027
The Sri Lanka Export Development Board (EDB) welcomed Ambassador of Sweden to Sri Lanka Jan Thesleff for an official meeting…
JAT executes Mirotone acquisition roadmap with Australian re-entry
Within seven months of completing the acquisition of Mirotone NZ Limited, JAT Holdings PLC has commenced the brand’s re-entry into…