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Sri Lanka News

LOLC Strengthens Position as Sri Lanka’s Global Conglomerate with Record Operating Performance

LOLC Holdings PLC has reported a robust financial performance for the year ended 31 March 2026, reinforcing its position as one of Sri Lanka’s most internationally diversified conglomerates. The Group recorded a 49% increase in results from operating activities to Rs. 71.5 billion, supported...
USA

SpaceX’s Million AI Satellites Plan Sparks Industry Debate

SpaceX’s Million AI Satellites Vision Faces Scepticism from Industry Experts A bold vision unveiled by SpaceX founder Elon Musk to deploy a constellation of one million artificial intelligence-powered satellites in orbit has sparked intense debate within the global space industry, with leading experts warning that...
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Sri Lanka News

Pan Asia Bank Records Historic Q1 Growth as Profit Before Tax Climbs 13%

Pan Asia Bank Delivers Record First Quarter Growth as Profit Before Tax Rises 13%...
Sri Lanka News

First Capital Delivers Rs. 2.1 Billion Profit Amid Challenging Market Conditions

First Capital Holdings PLC, a subsidiary of JXG (Janashakthi Group) and one of Sri...
Leadership Watch

Dinesh Dharmarathne Appointed Chief Operating Officer of Abans Auto

Abans Auto has announced the appointment of Dinesh Dharmarathne as its new Chief Operating...
Sri Lanka News

Sri Lankan Rupee Depreciates 5.4% Against US Dollar Amid Global and Regional Pressures

The Central Bank of Sri Lanka (CBSL) has announced that the Sri Lankan Rupee...
Sri Lanka News

Hayleys Crosses Half-Trillion Revenue Mark with Record Rs. 585 Billion Performance

Hayleys PLC has delivered the strongest financial performance in its history, surpassing the half-trillion...
LEADERSHIP

Leading Through the Line of Fire Suresh Abbas on Building a Legendary Hospitality Culture

In an era where disruption has become the norm rather than the exception, leadership...
LEADERSHIP

Inside the USD 5 Trillion Industry, The Rise of Shalin Balasuriya

In this exclusive feature, The 3i Show with Stefan de Alwis - an internationally...
Economics

Restoring Investor Confidence, The Urgent Need for Policy Clarity in Sri Lanka

At a defining moment in Sri Lanka’s economic recovery, the focus has shifted decisively...
COVER STORY

Professor Nalin Abeysekara: Navigator in Knowledge and Humanity

By Prof Ajantha Dharmasiri It is sad to see good people die young. It happened...
COVER STORY

Minoli Wickramasinghe: Redefining Real Estate Through Trust, Timing, and Transformation

From the humblest of beginnings—with just two individuals and a conviction that ran deeper...
Sri Lanka News

Sri Lanka’s Central Bank Raises Overnight Policy Rate to 8.75% Amid Inflationary Pressures

The Central Bank of Sri Lanka has increased the Overnight Policy Rate (OPR) by...
Sri Lanka News

Sri Lanka’s Exports Surpass US$ 5.7 Billion Amid Global Economic Challenges

Here is a refined 250-word news item in British English suitable for publication in...
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Sri Lanka News

LOLC Strengthens Position as Sri Lanka’s Global Conglomerate with Record Operating Performance

LOLC Holdings PLC has reported a robust financial performance for the year ended 31...
USA

SpaceX’s Million AI Satellites Plan Sparks Industry Debate

SpaceX’s Million AI Satellites Vision Faces Scepticism from Industry Experts A bold vision unveiled by...
Sri Lanka News

Pan Asia Bank Records Historic Q1 Growth as Profit Before Tax Climbs 13%

Pan Asia Bank Delivers Record First Quarter Growth as Profit Before Tax Rises 13%...
Sri Lanka News

First Capital Delivers Rs. 2.1 Billion Profit Amid Challenging Market Conditions

First Capital Holdings PLC, a subsidiary of JXG (Janashakthi Group) and one of Sri...