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Category: Economy

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…

Aitken Spence Institute of Hotel Management hosts latest graduation ceremony
Economy

Aitken Spence Institute of Hotel Management hosts latest graduation ceremony

MicNovember 12, 2025November 12, 2025

 The Aitken Spence Institute of Hotel Management held its latest graduation ceremony at Heritance Ahungalla, marking another milestone in its…

Tax exemptions cost Sri Lanka over Rs. 240 billion
Economy

Tax exemptions cost Sri Lanka over Rs. 240 billion

MicNovember 11, 2025November 11, 2025

The Ministry of Finance in Sri Lanka has revealed that the government sacrificed more than Rs. 240 billion in potential…

Janashakthi Life Records Over 5 Billion in Profits for the Second Consecutive Year
Economy

Janashakthi Life Records Over 5 Billion in Profits for the Second Consecutive Year

MicMarch 28, 2025March 28, 2025

Janashakthi Life, one of the fastest growing Life insurers in Sri Lanka has recorded a massive LKR 5.7 Billion Profit…

First Capital Revolutionizes Treasury Bill and Bond Auctions with Bidding through WhatsApp Integration
Economy

First Capital Revolutionizes Treasury Bill and Bond Auctions with Bidding through WhatsApp Integration

AuthorMarch 12, 2025March 12, 2025

First Capital Treasuries PLC, a pioneering force in the investment sector in Sri Lanka, has revolutionized the way customers bid…

Economy

First Capital’s Platinum Sponsorship Renewal to Boost CR&FC’s Ambitions for the 2024/25 A Division Inter-Club Rugby Season 

AuthorJanuary 10, 2025

First Capital Holdings is excited to announce the renewal of its Platinum Sponsorship with the Ceylonese Rugby & Football Club…

Recognizing Excellence: Janashakthi Life’s Achievers Shine at Golden Night Event at Lotus Tower, Colombo.
Banking and Insurance, Economy

Recognizing Excellence: Janashakthi Life’s Achievers Shine at Golden Night Event at Lotus Tower, Colombo.

AuthorAugust 10, 2023August 10, 2023

Janashakthi Life, a pioneering life insurance provider in Sri Lanka, recently hosted the ‘Janashakthi Life Achievers Golden Night,’ at the…

First Capital Treasuries PLC appoints Sachith Perera as CEO and Dilshan Wirasekara to lead Group’s expansion strategy.
Business, Economy

First Capital Treasuries PLC appoints Sachith Perera as CEO and Dilshan Wirasekara to lead Group’s expansion strategy.

AuthorAugust 9, 2023August 9, 2023

First Capital Treasuries PLC, Sri Lanka’s oldest operating non-bank primary dealer, announced the appointment of Sachith Perera as the company’s…

Financial services industry veteran Sunimal Weerasooriya joins the advisory board of the global cybersecurity firm, Scybers
Economy, Finance and Leasing

Financial services industry veteran Sunimal Weerasooriya joins the advisory board of the global cybersecurity firm, Scybers

AuthorJuly 19, 2023July 19, 2023

Scybers Inc, the global cybersecurity firm, today announced the addition of Sunimal Weerasooriya, a highly experienced financial services technology professional,…

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  • Asia Asset Finance continues to shine with rapid growth in Business and PBT exceeding LKR 980Mn YOY
  • SriLankan losses increase by Aug.
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