BiZ CoM.LK

People’s Bank ‘YES Infinity 2026’ uveils lifestyle banking benefits for youth

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People’s Bank has marked International Youth Day 2026 by introducing a range of exclusive benefits under its ‘YES Infinity 2026’programme, further strengthening its commitment to empowering Sri Lanka’s youth with modern, convenient and rewarding banking solutions. Designed to complement the dynamic lifestyles and aspirations of today’s young generation, YES Infinity 2026 offers a host of lifestyle and […]

ABC Trade & Investment – All-China Environment Federation Partner to Drive Sri Lanka’s Green Infrastructure and Investment

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Landmark agreement establishes strategic framework to channel Chinese technology, engineering expertise, and potential capital into local water and clean-energy projectsMoU to drive:● expanding entrepreneurship infrastructure investment and foreign technology access● upgrading industrial environmental standards and technical capacity● long-term resource security and energy requirementsCOLOMBO, SRI LANKA 17th August 2026ABC Trade & Investments (Pvt) Ltd, a leading […]

Tourism recovery yet to reflect in NP margins

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Though Sri Lanka’s tourism sector has recovered its Covid-19 losses, with hotel operators seeing gross profit margins significantly improving, certain operators’ net profitability margins are yet to recover, SenFin Securities’ findings on the financial performance of the sample six operators, between the financial year of 2022 and 2026 shows. The advisory, commenting on the performance […]

ADB support for SL Upper Watershed Ecological Restoration Program

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The Asian Development Bank (ADB) is supporting the Sri Lanka Upper Watershed Ecological Restoration Program (SUWERP) to strengthen institutions, mobilize sustainable financing and scale up ecological restoration, Shannon Cowlin, Country Director for Sri Lanka, ADB told the Serendipity Knowledge Program ‘Investing in Sri Lanka’s Upper Watersheds: Unlocking Natural Capital for a Resilient Future’ held in […]

Teejay Group Strengthens Resilience as Market Conditions Soften in Q1 FY2026/27

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The Teejay Group recorded revenue of LKR 15.64 billion in the quarter ended 30th June 2026 of FY2026/27, representing a marginal 1% year-on-year decline. The muted performance was primarily driven by lower sales volumes, continued pricing pressure from key customers and subdued demand across key markets. In addition, geopolitical disruptions, including the Strait of Hormuz […]

Fabindia Sri Lanka Celebrates One Year of Timeless Craftsmanship, Conscious Living and Meaningful Connections

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Fabindia Sri Lanka proudly celebrates its first anniversary, marking a remarkable year of bringing India’s rich artisanal heritage, sustainable craftsmanship, and timeless lifestyle experience to Sri Lankan customers. Since opening its flagship store at Havelock City Mall in partnership with The Swadeshi Industrial Works PLC, Fabindia has been warmly embraced by customers seeking authentic, handcrafted […]

DFCC Bank continues to build scale and strengthen its core franchise in 1H 2026

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◆ Group Core Business Profit After Tax of LKR 4.1 Bn◆ Group Total Capital Adequacy Ratio of 15.746%◆ Group Net Fee and Commission Income up by 29% to LKR 4.2 Bn◆ Group Total Assets up by 7% to LKR 921 Bn DFCC Bank entered the second half of 2026 with a larger and increasingly diversified franchise, […]

CA Sri Lanka’s flagship National Conference returns this October with “FUSION: Connecting Ideas Creating Impact”

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As the boundaries between technology, business, leadership and governance continue to converge, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) will present its flagship 47th National Conference of Chartered Accountants from October 7 to 9, 2026 at the Monarch Imperial, Sri Jayewardenepura Kotte, under the theme “FUSION: Connecting Ideas, Creating Impact.” Announcing […]

Nations Trust Bank records PAT of LKR 15.6Bn in 1H 2026 following strategic acquisition

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Nations Trust Bank PLC (NTB) reported a strong performance in the first six months ended 30th June 2026, recording a Profit After Tax (PAT) of LKR 15.6Bn. Following a PAT of LKR 4.6Bn reported in Q1, the Bank’s performance accelerated significantly in the second quarter with operations commencing 1st May 2026, with the successful acquisition […]

ComBank Group takes deposits past Rs. 3 Tn. threshold in solid 6-month performance

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• Loan book grows by Rs. 270.4 Bn. in 6 months to Rs. 2.36 Tn.• Total assets up by Rs. 361 Bn. to Rs 3.74 Tn. The Commercial Bank of Ceylon Group has reiterated its leadership in financial intermediation, becoming the first private sector banking group in Sri Lanka to cross the Rs. 3 trillion […]