Month: August 2026

FIRST CAPITAL NAVIGATES MARKET VOLATILITY IN FIRST QUARTER OF FINANCIAL YEAR 2026/27

First Capital Holdings PLC, a subsidiary of JXG (Janashakthi Group) and a pioneering force in Sri Lanka’s capital markets landscape, navigated a challenging first quarter of financial year 2026/27 amid heightened global economic uncertainty, geopolitical…

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VALLIBEL FINANCE CROSSES RS. 200 BN ASSETS MILESTONE

Vallibel Finance PLC has reached a landmark Rs. 200 billion in total assets, according to records disclosed to the Colombo Stock Exchange (CSE), marking a significant milestone in the company’s continued growth and expansion. The…

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JXG SIGNS AGREEMENT TO ACQUIRE 100% STAKE IN CONTINENTAL INSURANCE LANKA LIMITED

Janashakthi PLC (JXG) has entered into a Share Purchase Agreement with Melstacorp PLC (MELS), the sole shareholder of Continental Insurance Lanka Limited (CILL), to acquire a 100% stake in CILL, subject to the approval of…

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Sampath Bank Records Robust Half Year Results with Profit After Tax of Rs 16.6 Bn, Reflecting 13% Year-on-Year Growth

From Left: Mr. Harsha Amarasekera – Chairman and Mr. Sanjaya Gunawardana – Managing Director/Chief Executive Officer Financial Performance Sampath Bank delivered a strong financial performance for the six months ended 30th June 2026, reporting Total…

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ROYAL COLLEGE COLOMBO BECOMES THE FIRST SCHOOL IN SRI LANKA TO JOIN GOVPAY

Royal College Colombo, became the first school in Sri Lanka to enable digital payments through GovPay, marking another significant milestone in the Government’s digital transformation agenda. The official launch took place recently at a ceremony…

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SLAM POWER SOLUTIONS DEPLOYS SMART MICROGRID AT FACULTY OF ENGINEERING UNIVERSITY OF PERADENIYA TO POWER CRITICAL INFRASTRUCTURE

Power Solutions officially commissioned a state-of-the-art microgrid system at the Faculty of Engineering, University of Peradeniya. The initiative addresses long-standing grid instability concerns, providing uninterrupted power for the faculty’s computer laboratories and high-demand artificial intelligence…

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TAMARIND OPENS ITS DOORS IN COLOMBO

The new multi-cuisine restaurant brings variety, comfort food and contemporary dining to Kinross Avenue. Colombo’s dining scene has welcomed a new addition with the opening of Tamarind Multi Cuisine Restaurant at 09 Kinross Avenue, Colombo…

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ERIC GOH TO HEADLINE ‘JEWELS BENEATH THE WAVES’

Internationally published underwater photographer brings his visual journey to the latest edition of Cinnamon Nature Trails’ ‘Top Experts in the City’ series Colombo, Sri Lanka (6th August 2026) – Beneath the ocean’s surface lies a…

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