Business News

The Catalyst Club of APIIT Sri Lanka unveils Kagura 2026 inter university short film festival

The Catalyst Club of the APIIT Sri Lanka officially launched Kagura 2026, the third edition of its inter-university short film festival, at an opening ceremony and press conference held at the APIIT Foundation School, Access Towers II.

Hayleys Solar Wins at SLIM Digis 2.5 as the Only Renewable Energy Brand Recognised

Hayleys Solar, the renewable energy arm of Hayleys Fentons Limited, was recognised for the first time at SLIM Digis 2025, receiving the Best Use of Digital in a Marketing Campaign award in the Energy and Utilities category for its innovative “Energy Peramuna” Election Campaign.

Sarvodaya Development Finance Issues the First High Yield Sustainable Bond

Sarvodaya Development Finance PLC (SDF) rang the market opening bell at the Colombo Stock Exchange (CSE), to commemorate the landmark issuance of its High-Yield Sustainable Bond.

Ascend Airways Malaysia obtains full AOC and Air Service Permit

Ascend Airways Malaysia, a Malaysia-based airline and part of the world’s largest ACMI (Aircraft, Crew, Maintenance, and Insurance) provider, Avia Solutions Group, has officially received its AOC and ASP licenses.

TikTok Strengthens Safety Well being and Creator Support with Upgraded Features and Tools

TikTok Strengthens Safety Well being and Creator Support with Upgraded Features and Tools Image

TikTok Strengthens Safety Well being and Creator Support with Upgraded Features and Tools Photo

TikTok has announced a comprehensive set of new features designed to make its platform safer, more supportive, and empowering for all users.

Shamindra Marcelline Deputy Chief Executive Officer DFCC Bank

Having served Sri Lanka for seven decades, DFCC Bank is entering a new era of purpose-led service and digital transformation.

47th MHA Seven a Side tournament set for November 9 at P. Sara Oval

The Mercantile Hockey Association (MHA) will stage its 47th Annual Seven-a-Side Hockey Tournament on Sunday, November 9, 2025, at the P. Sara Oval Grounds.

NDB delivers exceptional 65 growth in post tax profit during nine months

Highlights

- Profit after taxes reach an institutional high of LKR 7.5 billion in a normalized standalone basis

- Net loans, deposits and total assets expand by 22.1%, 7.2% and 10.6% respectively on a normalized basis

- Nine months ROE was 12.4% while 3rd quarter ROE was 16.0%

 Markspen Group Introduces GRANIFRIGOR Grain Cooling System to Local Market

Markspen Group, the leading distributor of globally renowned modern agricultural machinery in Sri Lanka, introduced to the local market the GRANIFRIGOR™ Grain Cooling Device, an advanced agritech innovation from Germany.

Wattura Resort Spa Redefining Refined Family Escapes by the Water

Framed by the tranquil Gin Oya and the soothing rhythm of the ocean, Wattura Resort & Spa presents an elegant sanctuary designed for discerning families seeking sophistication, comfort, and meaningful time together.