CIC Holdings delivers resilient FY25 results with 9% topline growth
Agriculture-rich diversified conglomerate CIC Holdings PLC (CSE: CIC) recorded steady revenue growth during the year ended 31 March 2025 (FY25), navigating macroeconomic headwinds and intense competition. The Group posted consolidated revenue of Rs. 83.3 billion, reflecting a 9.0% year-on-year (YoY) growth, driven by
APB Acknowledges Role of Bank Coordinators in Advancing Strategic Alliances
The Association of Professional Bankers of Sri Lanka (APB) recently hosted a successful Bank Coordinators’ Event at The Kingsbury Hotel, Colombo. The occasion served to recognise the vital role played by coordinators in building and maintaining strong links between the Association and its
Foreign Employment Agencies warn of sharp decline, urge government to intervene
The Association of Licensed Foreign Employment Agencies has warned of a major decline in Sri Lanka’s foreign employment sector, attributing it to what they claim is a deliberate campaign aimed at eroding public trust in both recruitment agencies and Sri Lanka Bureau of
WindForce PLC Achieves Robust 29% Profit Growth, Reaching LKR 2.25 Billion, End of Q4 in FY 2024/25
WindForce PLC, Sri Lanka’s leading renewable energy company, has reported outstanding financial results for the fiscal year 2024/25, demonstrating its strategic resilience and commitment to sustainable growth. The Group recorded consolidated revenue of LKR 6.9 billion, marking an 18% increase from the previous
Inaugural Alles Cup Celebrates a Shared Legacy of Rugby and Educational Vision
Two schools with rich traditions, unwavering passion, and generations of rugby excellence will meet on the field in a historic encounter as D. S. Senanayake College, Colombo and St. Anthony’s College, Kandy face off in the inaugural Alles Cup. The fixture is more
DFCC Bank’s Leasing Campaign Drives Brand Visibility and Customer Engagement at Welipenna
DFCC Bank successfully concluded a dynamic and high-impact Leasing promotional campaign at the Welipenna Service Area on the Southern Expressway, held on May 10th and 11th, 2025. The initiative, launched in strategic collaboration with United Motors Lanka, significantly enhanced brand visibility, deepened customer
Thailand-Sri Lanka FTA to take off soon
The Ambassador of Sri Lanka to the Kingdom of Thailand, Wijayanthi Edirisinghe, said that the Thai-Sri Lankan Free Trade Agreement will be implemented soon after the Sri Lankan government reviews it again. She told that the SLTFTA, leading to the FTA, was signed
Assidua Technologies honoured as Best Enterprise of the Year at Business World International Awards 2025
Assidua Technologies (Pvt) Ltd., a leading force in Sri Lanka’s power solutions industry, has been awarded the prestigious “Best Enterprise of the Year – Platinum” at the Business World International Awards 2025. The grand ceremony, organised by the US-based Business World International Organization,
Datatech Lanka honoured as “Best Japanese Language School of the Year” at BWIO Awards 2025
Datatech Lanka (Pvt) Ltd., a premier Japanese education centre in Sri Lanka, was awarded as the Best Japanese Language School of the Year at the Business World International Awards 2025. Managing Director, Sir. G. K. T. C. M. Gulavita received the award. Datatech
