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Business

Hemas Holdings Achieves Record Financial Performance for FY2026.

May 25, 2026 at 7:44 AM

Hemas Holdings reported historic earnings for FY2026, with group earnings reaching Rs. 8.92 billion, driven by robust performance across its consumer brands and healthcare sectors.

12 sources

Economy

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ICMAB Leaders Discuss Strategic Economic Role with Finance Minister.

May 20, 2026 at 4:47 AM

10 sources

Finance

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Dialog Group Bhd Demonstrates Financial Resilience in Q1 2026.

May 18, 2026 at 8:50 PM

7 sources

Local News

BOC Reports Strong Q1 2026 Performance with Rs. 28.8 Billion Profit.

Sri Lanka’s state-owned Bank of Ceylon delivered a robust financial performance in Q1 2026, recording a PBT of Rs. 28.8 billion while contributing significantly to state tax revenue.

May 17, 2026 at 11:50 PM

14 sources

Local News•

May 15, 2026 at 11:54 PM

Nations Trust Bank Records Strong Financial Growth in First Quarter of 2026.

Nations Trust Bank reported a 12% year-on-year increase in Profit After Tax (PAT) to LKR 4.6 billion for the first quarter of 2026, driven by stable margins and effective risk management.

8 sources

Finance

Pan Asia Bank Posts Strong Q1 2026 Growth Amidst Global Economic Headwinds.

May 15, 2026 at 8:40 AM

Pan Asia Bank has reported a resilient performance for the first quarter of 2026, achieving a 13% rise in Profit Before Tax to Rs. 1.65 billion, driven by record growth in deposits and advances.

7 sources

Pan Asia Bank Posts Strong Q1 2026 Growth Amidst Global Economic Headwinds

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Economy

Modeling Sri Lanka’s Economic Future: Lessons from the UAE’s Financial Framework.

This article explores how Sri Lanka could enhance its economic stability and investor appeal by adopting key strategies used by the UAE, such as tax clarity, capital mobility, and the establishment of independent offshore financial zones like the Colombo Port City.

May 13, 2026 at 5:16 AM

8 sources

Local News

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Urgent Need for Financial Oversight: Addressing Recent Lapses in State Fiscal Management.

May 9, 2026 at 7:19 PM

2 sources

Finance

Modern Financial Markets Exhibit Higher Discipline Compared to the 1990s Era.

PIMCO's Lotfi Karoui argues that today's financial markets are significantly more disciplined and resilient than they were during the 1990s, offering a comparative perspective on current cross-asset credit dynamics.

May 8, 2026 at 7:24 PM

8 sources

Navigating AI Investments: Strategic Financial Leadership in a Transforming Era

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Technology•

May 4, 2026 at 10:07 AM

Navigating AI Investments: Strategic Financial Leadership in a Transforming Era.

Veteran CFO Amy Butte provides actionable advice for finance leaders struggling to balance the hype of artificial intelligence with concrete business outcomes, emphasizing alignment and risk-taking.

7 sources

Business News

Lanka Hospitals Reports Exceptional Growth in 2025 Financial Performance.

May 3, 2026 at 8:32 PM

Lanka Hospitals Corporation PLC has concluded a highly successful 2025, driven by a steadfast commitment to world-class clinical excellence and long-term patient trust, marking a period of robust corporate expansion.

8 sources

Finance

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NDB Bank Reports Q1 2026 Results Amidst Significant Fraud Adjustments.

May 3, 2026 at 1:54 AM

20 sources

Business

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Berkshire Hathaway Hits Record $380 Billion Cash Reserve Under New Leadership.

May 2, 2026 at 12:30 PM

18 sources

Technology

New McKinsey Analysis Reveals Strategic AI Adoption Drives Significant Profitability.

A new McKinsey & Company study indicates that companies strategically implementing AI are seeing a $3 return for every $1 invested, with profits increasing by approximately 20% over a few years.

May 1, 2026 at 9:11 AM

7 sources

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Technology•

April 30, 2026 at 9:02 PM

Apple Surpasses Earnings Projections as Mac Demand Offsets iPhone Supply Hurdles.

Apple has outperformed analyst earnings forecasts for the recent fiscal quarter, driven by strong Mac sales, even as supply constraints impacted iPhone 17 series performance.

9 sources

Technology

Apple Posts Strong Q2 2026 Financial Results Driven by Record Service Growth.

April 30, 2026 at 8:37 PM

Apple reported impressive Q2 2026 earnings with $111.2 billion in revenue, beating analyst expectations. Despite missing iPhone sales targets slightly, the company saw record growth in services and strong demand for the new iPhone 17 and MacBook Neo lineups.

8 sources

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Business

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Navigating Uncertainty: The Evolving Role of Finance Leaders in the Digital Era.

April 30, 2026 at 2:39 AM

7 sources

Technology

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Market at a Crossroads: Big Tech Earnings and the AI Spending Dilemma.

April 29, 2026 at 10:57 PM

10 sources

Finance

People’s Bank Investment Banking Unit Secures Prestigious Global Accolade for 2026.

People's Bank Investment Banking Unit (PBIBU) has been recognized as the Best Investment Bank in Sri Lanka for 2026 by the Global Banking and Finance Review Awards, highlighting its significant contributions to the local financial sector.

April 29, 2026 at 7:59 PM

7 sources

Meta’s Q1 Earnings: Wall Street Pivots Focus to AI Monetization and Capital Spending

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Technology•

April 29, 2026 at 2:20 PM

Meta’s Q1 Earnings: Wall Street Pivots Focus to AI Monetization and Capital Spending.

Meta Platforms prepares for its Q1 earnings report, with analysts closely watching for AI-driven revenue growth, capital expenditure on Muse Spark, and the impact of recent restructuring efforts.

10 sources