Prime Lands Residencies reports exceptional FY2026 earnings with PAT up by 67% YoY to Rs. 2.06 Bn

Prime Lands Residencies reports exceptional FY2026 earnings with PAT up by 67% YoY to Rs. 2.06 Bn

Prime Lands Residencies PLC (CSE: PLR.N) has reported an outstanding financial performance for the year ended 31 March 2026. Substantially exceeding market expectations, the Company reinforced its position as Sri Lanka’s undisputed real estate leader, propelled by massive operational scale, strategic project launches, and historic margin expansion. Reflecting on this exceptional performance, Group Chairman Premalal […]

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Aitken Spence becomes Lanka’s first diversified Group to receive SBTi validation

Aitken Spence becomes Lanka’s first diversified Group to receive SBTi validation

Aitken Spence PLC reached a defining moment in its sustainability journey, becoming the first diversified holdings company in Sri Lanka to have its emission reduction targets validated by SBTi. For a Group whose operations span 17 industry sectors and several geographical regions, this complexity is amplified. Each sector presents unique challenges, from energy-intensive operations to […]

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HNB Investment Bank renews collaboration with CFA Society Sri Lanka as Silver Partner

HNB Investment Bank renews collaboration with CFA Society Sri Lanka as Silver Partner

HNB Investment Bank has renewed its partnership with CFA Society Sri Lanka as a Silver Partner for the 10th consecutive year, reaffirming its longstanding commitment to advancing Sri Lanka’s investment and financial services industry. The renewed sponsorship reflects HNB Investment Bank’s continued support for CFA Society Sri Lanka’s efforts to promote ethics, professionalism, knowledge-sharing and […]

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Siyapatha Finance expands footprint with Boralesgamuwa Branch opening

Siyapatha Finance expands footprint with Boralesgamuwa Branch opening

Siyapatha Finance PLC opened its latest fully fledged branch in Boralesgamuwa, expanding the Company’s islandwide network to 63 branches. The opening ceremony was graced by Siyapatha Finance PLC Directors  Jayanath Gunawardena,  Shiran Perera and Sriyani Ranatunga; Chief Executive Officer Mathisha Hewavitharana, Chief Operating Officer  Rajeev De Silva and R.A. Akilesh Ayodya Perera, a student of […]

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People’s Bank conducts financial literacy programme for entrepreneurs in Weboda

People’s Bank conducts financial literacy programme for entrepreneurs in Weboda

People’s Bank recently organised a special programme for entrepreneurs in Weboda Village, situated within the Mahara Divisional Secretariat area, under its Entrepreneurial Villages initiative. The programme aimed to enhance financial literacy and strengthen business sustainability among Micro, Small and Medium Enterprises (MSMEs). Organized by the People’s Bank – Union Place Branch, the programme was held […]

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ZTE Lanka Successfully Hosts “ZTE Day 2026” Under the Theme “Creating an Intelligent Future”

ZTE Lanka Successfully Hosts “ZTE Day 2026” Under the Theme “Creating an Intelligent Future”

ZTE Lanka successfully hosted ZTE Day 2026 on 29th May 2026 at the Grand Ballroom of the Galle Face Hotel, bringing together distinguished guests, industry stakeholders, business partners, technology leaders, and media representatives for an inspiring event focused on the future of connectivity and digital advancement.  Held under the theme “Creating an Intelligent Future,” the […]

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Rupee devaluation mixed impact to Lanka’s event management -EMA Chief

Rupee devaluation mixed impact to Lanka’s event management -EMA Chief

Rupee devaluation will have both a positive and challenging impact on Sri Lanka’s event management industry increasing affordability for foreign clients, boosting demand, and local revenue. However, it raises costs for imports. Adaptation and strategic responses are essential for competitiveness, Saliya Weerasekara, President Event Management Association (EMA) told Daily News Business participating in an exclusive […]

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M Power Capital Securities provides Sell Side Advisory to Padel House

M Power Capital Securities provides Sell Side Advisory to Padel House

Padel House, the pioneers of padel in Sri Lanka, and the enterprise that has successfully established a strong presence for the sport in Colombo, has entered a new growth phase with the entry of two new strategic investors—former Sri Lanka cricket captain Mahela Jayawardene, and Trade Promoters Limited, a diversified group with interests across Sri […]

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CDB PPL 2026 Concludes Successfully with Exciting Two-Day Tournament at Playdium

CDB PPL 2026 Concludes Successfully with Exciting Two-Day Tournament at Playdium

The CDB Playdium Pin League (CDB PPL 2026), Sri Lanka’s premier corporate bowling tournament, concluded successfully after two exciting days of competition held on 16th May and 23rd May 2026 at Playdium One Galle Face, Colombo. Bringing together corporate teams, bowling enthusiasts, and industry partners, the tournament created a vibrant and competitive atmosphere filled with […]

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