IFRS 17 to bring transparency to life insurance sector, push industry toward protection-led growth
Sri Lanka’s life insurance industry is bracing for a fundamental shift in how its performance is measured and reported, as…
Category: News
BOI must become true one-stop shop for investors, says new chairman
Newly appointed Board of Investment (BOI) Chairman Duminda Hulangamuwa has pledged to restore the agency’s authority and transform it into…
Amana Bank featured at IsDB Group’s Annual Meetings in Azerbaijan
Amana Bank was recently featured at the Islamic Development Bank (IsDB) Private Sector Forum held in Baku, Azerbaijan coinciding with…
The Offices at Cinnamon Life commands highest rental rates in Colombo
The Offices at Cinnamon Life, developed by John Keells Properties, has set a new benchmark in Colombo’s commercial real-estate market,…
Vietjet opens bookings for first-ever direct flights between Sri Lanka and Vietnam
Vietjet has opened bookings with special launch fares for its new Colombo–Ho Chi Minh City route, scheduled to commence on…
Hermi Electric launches long-range EVs in Sri Lanka
Global Hermi (Liaoning) Industrial Development Co., Ltd, the parent company of Hermi Electric, has launched what it says is Sri…
Seylan Bank partners with AECC Global to support students pursuing overseas education
Seylan Bank has entered a strategic partnership with AECC Global (Pvt) Ltd, a leading international education consultancy, to enhance financial…
CBSL banking supervision to go digital following Cabinet approval
The Cabinet of Ministers has approved the initiation of the procurement process to implement a technology-based supervisory solution for the…
Hemas Holdings appoints Sabrina Esufally to board
Hemas Holdings PLC announced the appointment of Sabrina Esufally as an Executive Director to its board, effective July 1, 2026.…
Assetline Finance PLC Marks a Transformational Year with Strong Financial Performance and Public Listing
Assetline Finance PLC (AFIN), a leading licensed finance company and the flagship financial services arm of the David Pieris Group,…