Strong sectoral performances drive CIC’s robust 1HFY26 top and bottom-line growth
November 7th, 2025: Diversified conglomerate CIC Holdings PLC (CSE: CIC) reported a consolidated revenue of Rs. 41.6 billion for the first half of the financial year 2025/26 (1HFY26). The Group reported a solid top-line growth of 7.2% and an impressive bottom-line growth of 14.7% with Profit after tax (PAT) increased to a significant Rs.3.25 billion, […]
JAAF welcomes 2026 Budget focus on exports, urges clarity on implementation and policy stability
The Joint Apparel Association Forum (JAAF) has welcomed the Government’s 2026 Budget, recognizing its emphasis on export-led growth, investment facilitation, and continued macroeconomic stability. The industry body commended the clear direction towards strengthening Sri Lanka’s external sector and building investor confidence, while also urging consistent implementation of reforms to sustain momentum. The apparel industry Sri […]
Sampath Bank Honoured at the Presidential Environmental Awards 2025 for its Commitment to a Greener Sri Lanka
Sampath Bank PLC was honoured at the 11th Annual Presidential Environmental Awards 2025, organised by the Central Environmental Authority (CEA), held recently at the Bandaranaike Memorial International Conference Hall (BMICH), Colombo. The ceremony took place under the distinguished patronage of Honourable Anura Kumara Dissanayake, President of the Democratic Socialist Republic of Sri Lanka. The Bank […]
Renewed diaspora optimism as the Research Intelligence Unit (RIUNIT) showcases real estate investment opportunities in London
The Research Intelligence Unit (RIUNIT) together with the High Commission of Sri Lanka in London held the Sri Lanka Real Estate Investment Forum: London 2025 on Thursday, 30 October 2025 at the Sri Lanka High Commission in London. Despite having organised many dozens of investor events at high diaspora density locations around the globe during […]
Green Cabin Marks Festive Season with Colpetty Revamp and Annual Cake Mixing
● The brand’s refreshed look and festive celebration signals a bold new era. Colombo, Sri Lanka- November 2025: Colombo’s beloved Green Cabin marked the beginning of the 2025 Christmas season in true tradition, hosting its annual Christmas Cake Mixing Ceremony at the brand’s recently refurbished Colpetty outlet. The event brought together friends of the brand, […]
Mahindra Ideal Finance records 204% growth in PBT to Rs. 477 mn for H1 FY26
Mahindra Ideal Finance Limited (MIFL) has delivered strong growth in income and profits during the six months ended 30th September 2025 (H1 FY26), fueled by a rapid expansion in its multi-brand vehicle financing portfolio. Total Income for the period rose by 47% Year-on-Year (YoY) up to Rs. 1.85 billion, while Profit Before Tax (PBT) increased […]
Enfection Showcases AI Knowledge Agents at National AI Conference 2025
Enfection, a marketing-technology company focused on AI-led communication and experience solutions, was selected to showcase its latest AI Knowledge Agents at the National AI Exhibition and Conference 2025, held on September 29 and 30 at the Monarch Imperial in Colombo. At the event, Enfection presented its AI Knowledge Agent developed for ACCA, designed to assist […]
Sampath Bank and Ideal Motors Partner to Drive Affordable Vehicle Ownership in Sri Lanka
Sampath Bank PLC recently signed a Memorandum of Understanding (MOU) with Ideal Motors (Pvt) Ltd., an authorised distributor of Mahindra vehicles in Sri Lanka. The partnership aims to offer customers enhanced vehicle financing solutions and exclusive benefits that make vehicle ownership more affordable and convenient. Through this collaboration, Sampath Bank will extend a range of […]
Beyond congestion: The urgent need to reform Colombo’s port operations
By Yohan Lawrence, the Joint Apparel Association Forum (JAAF) Every delay at the Port of Colombo now comes at a heavy price. For Sri Lanka’s apparel industry, time is not just money it’s trust. The recent reports of ships failing to call at Colombo because of potential delays in the Port of Colombo, are a […]
TikTok partners with SL CERT as Strategic Partner for Online Safety at Sri Lanka’s 16th National Cyber Security Conference 2025
TikTok has partnered with the Sri Lanka Computer Emergency Readiness Team | Coordination Centre (SL CERT|CC) as the ‘Strategic Partner – Online Safety’, for the 16th Annual National Cyber Security Conference 2025, to be held on November 12 in Colombo. Recognised as Sri Lanka’s premier national platform on cybersecurity, the annual conference brings together government […]
