BiZ CoM.LK

Assetline Insurance Brokers secures Reinsurance Broking License, unlocking direct access to global reinsurance markets

Posted on by

Assetline Insurance Brokers (Private) Limited (AIBL), a subsidiary of the David Pieris Group, has further strengthened its market position following the award of the Reinsurance Broking License by the Insurance Regulatory Commission of Sri Lanka (IRCSL). Backed by the financial strength, governance framework and institutional credibility of the David Pieris Group, this milestone marks a […]

“Every Child Can” – CAL Children Triumph at Iron Kids Colombo 2026

Posted on by

As Child Action Lanka (CAL) marks its 20th Anniversary under the theme “Every Child Can,” 35 children from CAL centres across Sri Lanka brought those words vividly to life at the Iron Kids Colombo 2026. Competing against participants from across the country, CAL’s young athletes delivered an extraordinary overall sweep, securing places from 1st through […]

Union Bank to Raise LKR 3 Bn via Basel III Compliant Debenture Issue

Posted on by

Union Bank of Colombo PLC announced its proposed Debenture Issue 2026, a strategic move aimed at raising up to LKR 3 billion. This issue is designed to bolster the Bank’s Tier II capital base and provide a robust financial foundation for its upcoming growth initiatives. The offering consists of Basel III compliant, listed, rated, unsecured, […]

ComBank takes lending to new levels in mission-focused 2025

Posted on by

The Commercial Bank of Ceylon achieved another performance milestone in 2025, becoming the first private sector bank in the country to expand its loan book beyond Rs. 2 Tn., with a growth of Rs. 541 Bn. over 12 months at a monthly average of over Rs. 45 Bn., demonstrating its commitment to national economic resurgence. […]

SLT Group PAT surges 221% YoY to Rs. 10 Bn in FY 2025

Posted on by

The SLT Group reported substantial cost savings for the full year ended December 31, 2025, fuelling significant profit growth and demonstrating consistent execution throughout all key metrics. The strong performance was driven through disciplined expense management, reduced finance costs, and strategic operational improvements. The SLT Group ended FY 2025 as a strong year, with substantial […]

Walk of Art 2026 International Footwear and Leather Fair

Posted on by

The Walk of Art 2026 International Footwear and Leather Fair, jointly organized by the Ministry of Industries and Entrepreneurship Development, Industrial Development Board (IDB), Export Development Board (EDB) and the Sri Lanka Footwear and Leather Goods Manufacturers Association, was held on February 27 at the Sirimavo Bandaranaike Exhibition Hall, Colombo, under the patronage of the […]

ComBank appoints Hasrath Munasinghe As Executive Director/Chief Operating Officer

Posted on by

The Board of Directors of Commercial Bank of Ceylon PLC has announced the appointment of Hasrath Munasinghe as Executive Director/Chief Operating Officer of the Bank with effect from April 27. He succeeds S. Prabagar, who retires on April 26, after serving in the position for four years and completing a distinguished career of more than […]

Fairway Latitude සුඛෝපභෝගී මහල් නිවාස, ගැනුම්කරුවන් සඳහා නිවාස ණය පහසුකම් සැලසීමේ අරමුණින් Fairway Properties සහ Pan Asia බැංකුව අතර අවබෝධතා ගිවිසුමක් අත්සන් කරයි

Posted on by

ශ්‍රී ලංකාවේ සුඛෝපභෝගී මහල් නිවාස සංවර්ධන ක්ෂේත්‍රයේ ප්‍රමුඛ පෙළේ සන්නාමයක් වන Fairway Properties සමාගම විසින් සිය හත්වන සුඛෝපභෝගී මහල් නිවාස ව්‍යාපෘතිය වන ‘Fairway Latitude’ හි නිවාස මිලදී ගැනීමට අපේක්ෂා කරන ගැනුම්කරුවන් වෙනුවෙන් පහසු මූල්‍ය විසඳුම් පිරිනැමීම සඳහා පසුගිය දා පෑන් ඒෂියා බැංකුව (Pan Asia Banking Corporation PLC) සමඟ අවබෝධතා ගිවිසුමක් (MOU) අත්සන් තබන ලදී. සුඛෝපභෝගී […]

Home Lands Announces Strategic Entry into Port City Colombo with Iconic High Rise Development

Posted on by

Enhances Scope for Foreign Investment in Sri Lanka Home Lands, Sri Lanka’s number one and most trusted innovative developer, has secured an over three-acre premium mixed-use land parcel at Port City Colombo in a landmark transaction valued at USD 40.1 million (approximately LKR 12.5 billion), marking one of the most significant single investments made by […]

Sri Lanka apparel exports to ease as UK market remains stable

Posted on by

Sri Lanka’s apparel exports gained a huge market opportunity from the UK market, it has been reported that Sri Lanka’s apparel exports declined by 2.66% year-on-year in January 2026, falling to US$ 425.44 million from US$ 437.07 million in January 2025, reflecting continued pressure across key export markets. Exports to the US fell by 2.73% […]