Business News

First Capital Holdings PLC reports robust first half year performance with Profit after Tax of Rs. 3.43 Bn

First Capital Holdings PLC (the Group), a subsidiary of JXG (Janashakthi Group) and a pioneering force in Sri Lanka’s investment landscape, announced a stellar performance for the six months ended 30th September 2025, recording a Profit after Tax of Rs. 3.43 Bn, a substantial increase from Rs. 897 Mn in the corresponding period of the previous year.

Kaspersky : Beware of 11.11 sale fraud in 2025

Thursday, 13 November 2025 00:29

Kaspersky Beware of 11.11 sale fraud in 2025

In view of the ongoing 11.11 sale campaigns worldwide, Kaspersky warns about scam and phishing targeting online shoppers in 2025.

C.W. Mackie PLC Partners with the Worlds Largest Bearing Manufacturer SKF

C.W. Mackie PLC, one of Sri Lanka’s leading and most diversified conglomerates, has entered into a landmark partnership with SKF, the world’s largest bearing manufacturer, to become its authorised distributor in the country.

Value Masters 2025 Image 1

Value Masters 2025 Image 2

Value Masters 2025 Image 3

The Department of Finance, Faculty of Management Studies and Commerce, University of Sri Jayewardenepura, together with the Students’ Association of Finance, successfully concluded the Grand Finale of Value Masters 2025 at the university premises.

Singer Launches ESG Roadmap 2030 Progress Through Purpose

Singer (Sri Lanka) PLC, the nation’s most trusted name in consumer durables and a proud member of the Hayleys Group, has unveiled its comprehensive Environmental, Social, and Governance (ESG) Roadmap 2030, themed “Progress Through Purpose.”

ComBank posts impactful 9 month results with strong loan book growth

The Commercial Bank of Ceylon group has reported gross income of Rs. 268.49 Bn. and net interest income of Rs. 103.48 Bn. at the end of the third quarter of 2025, with strong year-on-year growth of 34.60% in the loan book and curtailed interest expenses contributing to an impressive nine-month performance.

United Motors Group posts Rs. 1.4 b profit after tax in first half marking a sharp recovery driven by lifting of the vehicle import ban

United Motors Lanka PLC (UML) reported a strong resurgence in performance for the six months ended 30 September 2025, with the Group posting a profit of Rs. 1.41 billion compared to a loss of Rs. 119 million in the same period last year — a 1,287 percent increase.

SLVA 77th Convention Driving National Progress through Veterinary Science Collaboration Innovation and Sustainability

The Sri Lanka Veterinary Association (SLVA) , the country’s premier professional body for veterinarians, established in 1940, celebrated a significant milestone with its 77th Annual General Meeting and Convention, held on 4 November 2025 at the Monarch Imperial, Sri Jayawardenapura Kotte.

CBL Foods International Wins Global Performance Excellence Award Best in Class

CBL Foods International (Pvt) Ltd, a subsidiary of CBL Group, has been recognised with the Global Performance Excellence Award (GPEA) 2025 – Best in Class, presented by the Asia Pacific Quality Organization (APQO) at its 30th International Conference held in Beijing, China.

IASL and IRCSL Join Forces for Insurance for All A Secure Future Roadshow in the Northern Province

The Insurance Association of Sri Lanka (IASL), in collaboration with the Insurance Regulatory Commission of Sri Lanka (IRCSL), the Sri Lanka Insurance Brokers Association (SLIBA) and the Sri Lanka Insurance Institute (SLII), successfully concluded a series of insurance awareness programs in the Northern Province under the theme “Insurance for All: A Secure Future.”