All Blogs
CEAT unveils another radial masterpiece in Sri Lanka for high-end SUVs
CEAT Kelani Holdings has reinforced its status as a big-league player in the tyre industry with the launch of a new whopper in the radial segment for high-end SUVs battling Sri Lanka’s roads and tracks. Designed, engineered and tested in the company’s state-of-the-art R&D Centre in Frankfurt, Germany, the CEAT Czar HT (265/65 R 17) […]
Colombo Dockyard Lays Foundation Stone To Build Fully-fledged Engineering Workshop At Hambantota Port
Colombo Dockyard (CDPLC) ceremonially laid the foundation to build a full-fledged engineering workshop at Hambantota International Port on 16th August 2024. This ceremonial occasion will kick off the construction of the engineering workshop in line with the contract signed between CDPLC and Hambantota International Port Group (HIPG). The foundation laying commenced with the traditional of […]
ComBank leads the Home Loan market, supporting Sri Lankan home builders
The Commercial Bank of Ceylon has emerged as the biggest supporter of the dreams of home builders in Sri Lanka, achieving market leadership in the ‘Home Loans’ sector. The Bank has announced that its home loans portfolio grew to Rs 72.965 billion as at 31st March 2024, and achieved the number 1 place. Notably, Commercial […]
SLCPI pledges to continue advocating for quality and affordable choice of medicine
The Sri Lanka Chamber of Pharmaceutical Industries (SLCPI) held the 63rd Annual General Meeting recently, with the participation of its membership including leading pharmaceutical manufacturers and importers of the country. Charting its course towards consistent availability of quality medicine to the Sri Lankan public and sustaining an effective pharmaceutical industry, the AGM saw the convening […]
‘Defining the Vision’ – Debate Hosted by The Ceylon Chamber of Commerce
The Ceylon Chamber of Commerce is pleased to announce that at its invitation, the four main Presidential candidates have nominated their leading economic policy experts to participate in a debate presenting each party’s economic policies and pledges ahead of the 2024 Presidential Election, on 29th August at the BMICH. Hon. Shehan Semasighe representing the President […]
“Chanda Salli Meetare”: First-Ever Campaign Finance Observation Tool Unveiled
For the first time in Sri Lanka, six prominent Election Observation Organizations, namely, Transparency International Sri Lanka (TISL), People’s Action for Free and Fair Elections (PAFFREL), Campaign for Free and Fair Elections (CaFFE), Centre for Monitoring Election Violence (CMEV), Hashtag Generation, and the Institute for Democratic Reforms and Electoral Studies (IRES) have established a Campaign […]
Union Bank Appoints Dilshan Rodrigo as New Chief Executive Officer
Union Bank announced the appointment of Mr. Dilshan Rodrigo as its new Director/Chief Executive Officer, effective 16 August 2024. With an impressive career spanning over two decades in the banking sector, Mr. Rodrigo’s appointment signifies a transformative moment for the bank. Under his leadership, Union Bank aims to navigate the evolving landscape of Sri Lanka’s […]
”; Outlook Stable
Fitch Ratings has affirmed Sri Lankan conglomerate Hayleys PLC’s National Long-Term Rating of ‘AAA(lka)’. The Outlook is Stable. Fitch has also affirmed the company’s outstanding LKR3 billion senior unsecured debentures. Hayleys’ rating reflects its large operating scale and diversification across several prominent businesses. Its significant export earnings drive sustainable operating cash flow, despite temporary challenges […]
ComBank raises Rs 22.54 bn from shareholders via biggest rights issue by a local bank
The Commercial Bank of Ceylon PLC has announced that it has successfully completed the largest rights issue to date by a bank in Sri Lanka, raising Rs 22.54 billion to increase the Tier I and total capital of the Bank to accommodate and facilitate future business growth. The Bank offered holders of ordinary voting as […]
Janashakthi Group Appoints Dilshan Wirasekara as Deputy CEO
Janashakthi Group is pleased to announce the appointment of Dilshan Wirasekara as Deputy CEO. With over 28 years of extensive experience in financial services and capital markets, Dilshan brings his proven mastery to this new role, enhancing the Group’s leadership team. Janashakthi Group’s recent strategic initiatives have significantly enhanced its financial performance and capital position, […]