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Author: Mic

Business

United Motors posts 2Q rebound as profits surge on stronger vehicle sales

MicNovember 17, 2025November 17, 2025

United Motors Lanka PLC reported a strong second-quarter rebound, reinforcing its turnaround for the financial year, with Group profit rising…

People’s Bank Officers’ Association conducts ‘Abhinandana Pranama’ and ‘Abhiman Gaurawa Sewa Upahara 2025’
Business

People’s Bank Officers’ Association conducts ‘Abhinandana Pranama’ and ‘Abhiman Gaurawa Sewa Upahara 2025’

MicNovember 17, 2025

People’s Bank Officers’ Association conducted ‘Abhinandana Pranama 2025’, the academic excellence award ceremony, for the 23rd time at the People’s…

Abans and Xiaomi unveil Sri Lanka’s first experiential smart tech village
Business

Abans and Xiaomi unveil Sri Lanka’s first experiential smart tech village

MicNovember 17, 2025November 17, 2025

Abans PLC, in partnership with Xiaomi officially launched the ‘MI | AbansSmartverse’, the nation’s first-ever experiential smart tech village, at…

EDB and SLIM sign MOU for Sri Lanka Expo 2026
Business

EDB and SLIM sign MOU for Sri Lanka Expo 2026

MicNovember 17, 2025November 17, 2025

The Sri Lanka Export Development Board (EDB) and the Sri Lanka Institute of Marketing (SLIM) have recently signed a Memorandum…

HNB FINANCE Posts Rs. 620 Million PAT, Up by 129% Year-on-Year during the First Half of the FY 2025/26
Business

HNB FINANCE Posts Rs. 620 Million PAT, Up by 129% Year-on-Year during the First Half of the FY 2025/26

MicNovember 17, 2025November 17, 2025

Sri Lanka’s one of the leading integrated financial services providers, HNB FINANCE PLC, announced strong financial performance for the First…

Asia Asset Finance continues to shine with rapid growth in Business and PBT exceeding LKR 980Mn YOY
Economy

Asia Asset Finance continues to shine with rapid growth in Business and PBT exceeding LKR 980Mn YOY

MicNovember 14, 2025November 14, 2025

Asia Asset Finance PLC (AAF) has reported a remarkable performance for the six months ended 30 September 2025, reaffirming its…

SriLankan losses increase by Aug.
Economy

SriLankan losses increase by Aug.

MicNovember 14, 2025November 14, 2025

SriLankan Airlines’ losses grew to Rs. 12.6 billion in the first five months of the financial year 2025/26 ending in…

Sampath Bank records 21% increase in PAT
Banking and Insurance

Sampath Bank records 21% increase in PAT

MicNovember 14, 2025November 14, 2025

Sampath Bank, a licensed commercial bank in Sri Lanka, reported a Profit Before Tax (PBT) of Rs. 35.3 billion and…

FAO helps Sri Lanka launch its first digital shrimp platform
Business

FAO helps Sri Lanka launch its first digital shrimp platform

MicNovember 14, 2025November 14, 2025

A Shrimp Industry Information System that provides real-time data and analytics has been launched in Sri Lanka by the UN’s…

Colombo 5 emerges as top-performing area in city’s property market
Business

Colombo 5 emerges as top-performing area in city’s property market

MicNovember 14, 2025November 14, 2025

The latest analysis of property market data, released by the Research Intelligence Unit (RIUNIT) up to the third quarter of…

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