Unit Trust Industry Ends 2025 with Rs. 587 Billion in Assets Under Management
The Unit Trust industry in Sri Lanka experienced a 7.8% year-over-year increase in its assets under management (AUM), reaching Rs.…
Author: Sienna De Silva
Sri Lanka Announces Baseline Road Extension to Dutugemunu Street
Sri Lanka’s cabinet of ministers has given the green light to resume construction on Phase III of the Baseline Road…
Sri Lanka Allocates Rs4.3bn for Dumbara Prison Expansion and Forensic Staff Recruitment
FINANCIAL CHRONICLE – The construction of the new Dumbara prison in Sri Lanka, with an estimated cost of 4,363 million…
Colombo Dockyard Launches New Share Listing Following Successful Rights Issue
Sri Lanka’s Colombo Dockyard has successfully listed 323,365,158 new ordinary voting shares following a rights issue. The company announced in…
Hela Apparel of Sri Lanka to Divest Mauritius Subsidiary in Strategic Restructuring Move
FINANCIAL CHRONICLE – Hela Apparel Holdings of Sri Lanka is contemplating the sale of up to 65 percent of its…
NSBM Green University Launches 2026 Degree Program Intake on February 23
The inauguration ceremony for the 2026 intake of degree programs at NSBM Green University is set to take place on…
CSF Report Highlights Unreliability of Sri Lanka’s Environmental Impact Data
A report by the Centre for a Smart Future has highlighted the inadequacies in reporting social impacts within Environmental Impact…
DFCC Bank Shines at 41st Mercantile Inter-Firm Team Badminton Championships
DFCC Bank’s Badminton Team demonstrated remarkable prowess at the 41st Mercantile Inter-Firm Team Badminton Championships, organized by the Mercantile Badminton…
Hemas Unveils Strategic Transformation for Accelerated, Data-Driven Growth
Hemas Holdings PLC today unveiled a transformative initiative, Project Fusion, designed to propel the Group’s growth by enhancing decision-making speed,…
Sampath Bank Unveils Women’s Entrepreneurial Pitch for Growth Initiative
Sampath Bank PLC is further establishing its role as a catalyst for inclusive economic growth through its “200 Women Startups…