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Amana Bank expands to Balangoda with first SBC in Ratnapura District

Sri Lanka, June 16 -- Amana Bank recently opened its 46th Self Banking Centre in Balangoda, marking the Bank's first Self Banking Centre in the Ratnapura District. Strategically located at No. 321A, ... Read More


Sierra Cables FY2025/26 revenue surpasses Rs.16bn and profit climbs 194%

Sri Lanka, June 16 -- Sierra Cables PLC has delivered a record financial performance for the financial year ended 31 March 2026, posting significant growth in both revenue and profitability while furt... Read More


Shehara De Silva headlines SL's presence at EY annual conference

Sri Lanka, June 16 -- EY hosted the 2026 'EY Entrepreneurial Winning Women' Asia-Pacific annual conference in Seoul from 18 to 20 May, marking the first time the regional conference took place in Sout... Read More


Buying momentum persists as global tensions ease

Sri Lanka, June 16 -- The secondary market commenced the week on a positive note, extending the buying momentum observed at the close of the previous week, as the investor sentiment improved following... Read More


Sea Street gold prices surge

Sri Lanka, June 16 -- The gold prices climbed sharply yesterday, with the local bullion dealers reporting a steep increase in the sovereign prices after the international gold rates rose above US $ 4,... Read More


Week begins in green

Sri Lanka, June 16 -- Indices closed in green as a result of price gains in counters such as Sampath Bank, Commercial Bank and John Keells Holdings with the turnover crossing Rs. 4.0 Bn. High net wort... Read More


New gold-loan rules strengthen safeguards; limited rating impact seen: Fitch

Sri Lanka, June 16 -- Sri Lanka's tighter capital requirements for gold-backed lending would have a largely manageable impact on the banks and finance companies while strengthening the prudential safe... Read More


Economic recovery gathers pace as construction, finance drive 5.1% GDP growth

Sri Lanka, June 16 -- The economy expanded by 5.1 percent in the first quarter of 2026 (1Q26), extending its recovery streak, as a surge in construction activity, rising imports of production-related ... Read More


Middle East crisis hits health sector; pharmaceutical prices set to rise

Sri Lanka, June 15 -- The prices of pharmaceuticals supplied by local manufacturers under buy back agreements with the Health Ministry are slated to increase by 12.5 percent from next month, an offici... Read More


West Indies seal 2-1 T20I series win against Sri Lanka

Sri Lanka, June 15 -- The West Indies secured a 2-1 series victory over Sri Lanka after registering a five-wicket win in the third and final T20 International at Sabina Park. After winning the toss a... Read More