Sri Lankan fleet management solution recognized at NBQSA 2026 as Softlogic Information Technologies secures international recognition for AI in manufacturing and supply chains Softlogic Information Technologies (Pvt) Ltd has secured a Bronze Award at the National ICT Awards – NBQSA 2026 for Senti – Talk to Your Fleet in the Transport in Industrial category. The […]
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hSenid Business Solutions PLC (hSenidBiz) announced its financial results for the second quarter of FY2027. The quarter reflected continued progress in the quality of the Company’s recurring revenue base and the strength of the underlying operating performance, even as sequential revenue was modestly softer due to the timing of large project invoicing. Total revenue for […]
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The Bank of Ceylon (BOC) has marked World Thrift Day 2026, observed on October 31, by renewing its call for Sri Lankans to develop a regular savings habit to ensure long-term financial security. The State-owned bank, which celebrates its 87th anniversary this year, emphasised that saving, even in small amounts, plays a vital role in […]
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The Ceylon Motor Traders’ Association (CMTA), the senior-most automotive association in Sri Lanka affiliated with the Ceylon Chamber of Commerce, is urging the Government to take decisive action in the upcoming national budget to abolish the 15% depreciation concession granted on used vehicle imports, in order to address significant government revenue losses and establish a […]
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DIMO Healthcare has successfully completed the installation of the Siemens Healthineers MAGNETOM Sola 1.5T MRI system at Hemas Hospital Thalawathugoda, marking the installation of Sri Lanka’s first MRI system equipped with Deep Resolve AI technology from Siemens Healthineers. The installation is backed by DIMO Healthcare’s dedicated service support, ensuring maximum operational efficiency. Deep Resolve is […]
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From Silver in 2024 to Gold and Top Achievers Awards in both 2025 and 2026, HAC celebrates three consecutive years of national recognition for excellence. The Halal Assessment Council (Guarantee) Limited (HAC) has once again secured the prestigious Gold Award and Top Achievers Award at the 25th CNCI Achiever Awards 2026 for Industrial Excellence, organised […]
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Overseas Realty (Ceylon) PLC announced the launch of Havelock City Residences, the fifth and final phase of Havelock City, bringing the vision of Colombo’s most prestigious integrated mixed-use development, closer to completion. The official launch of Havelock City Residences was celebrated at a glamorous launch event held on 29 October 2026 at Hilton Colombo, attended […]
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Union Bank recorded a significant improvement in profitability and financial performance during the first nine months of 2026. The bank’s profit before tax rose by 48% year-on-year to 1.744 billion rupees for the nine months ended September 30th, 2026. Profit after tax also increased by 104% to 701 million rupees. Gross income grew by 20% […]
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Industry-linked financing initiative targets renewal of ageing tea fields, improve productivity and empower tea smallholders The Commercial Bank of Ceylon has introduced a dedicated loan scheme to revitalise Sri Lanka’s tea industry, demonstrating its strategic initiatives designed to penetrate the Small and Medium Enterprise (SME) sector and the rural micro-economy and catalyse sustainable growth across […]
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Sri Lanka should strengthen its capital market to mobilise long-term investment and support sustained economic growth of 7% to 9%, Securities and Exchange Commission (SEC) Chairman Senior Professor Hareendra Dissabandara said. Addressing the Capital Market Industry Forum on October 27, he said the country must move beyond economic stabilisation and recovery towards building productive capacity, […]
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