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News
First Capital navigates market volatility in first quarter of financial year 2026/27
10+ hour, 41+ min ago (316+ words) First Capital Holdings PLC (the Group) recorded a Loss after Tax of Rs. 726Mn for the quarter ended 30 June 2026, compared to a Profit after Tax of Rs. 2.15Bn in the corresponding period of the previous year. The Group’s Net Trading Loss before…...
SLIIT Business School Research Builds Index to Map Global Digital Readiness
4+ week, 1+ day ago (210+ words) SLIIT Business School has strengthened its contribution to global research on digital transformation through an international study that introduces a new index to measure countries’ digital readiness and competitiveness. “Digitalisation is no longer optional. It has become a key driver…...
DFCC Bank Enhances Garusaru Loans with Savings Benefits for Future Generations
1+ mon, 2+ week ago (286+ words) DFCC Bank PLC has introduced a new value-added benefit for DFCC Garusaru Loan customers, enabling eligible pensioners to access concessionary loan rates while building savings for their children and grandchildren through linked DFCC Junior Savings Accounts. The enhanced proposition recognises…...
DFCC Bank Expands Everyday Benefits for Senior Citizens Through DFCC Garusaru
2+ mon, 8+ hour ago (219+ words) DFCC Bank PLC has partnered with Vision Care Optical Services to extend a range of eye care and wellbeing benefits to DFCC Garusaru Savings Senior Citizen Debit Cardholders, further strengthening the value proposition available to senior customers. Through the partnership,…...
Central Bank Swaps Rise as FX Reserves Dip in Sri Lanka
6+ mon, 4+ week ago (308+ words) Sri Lanka’s central bank saw a decline in net foreign exchange reserves ahead of Cyclone Ditwah, while foreign exchange swap liabilities increased, official data show. Net reserves, excluding swaps, fell to US$2.298 billion in November 2025, down from US$2.533 billion in…...
Sri Lanka’s Apparel Exports Rise 5.4% in First 11 Months of 2025
7+ mon, 2+ week ago (137+ words) Sri Lanka’s apparel industry recorded a strong performance in the first 11 months of 2025, with cumulative exports reaching USD 4,571.99 million, a 5.42% increase compared to the same period last year, according to data released yesterday by the Joint Apparel Association Forum (JAAF). Commenting…...