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Banks Warn of Phishing Scams as Lending Sentiment Rises amid Recovery

  • CNL Reporter
  • August 30, 2025
  • Banking and Financial, News
  • Phishing Scams
  • 0 Comments

Sri Lankan banks have raised fresh red flags over the growing threat of phishing scams targeting online banking users,

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Commercial Bank Becomes First Sri Lankan Bank to Cross USD 1 Billion

  • CNL Reporter
  • August 30, 2025
  • Banking and Financial, News
  • Commercial Bank
  • 0 Comments

The Commercial Bank of Ceylon PLC has become the first Sri Lankan bank to achieve a market capitalisation of over USD 1 billion,

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Public warned over fake banking websites

  • CNL Reporter
  • August 29, 2025
  • Banking and Financial, News
  • banking websites
  • 0 Comments

Local banks have urged customers to remain vigilant as scammers circulate fraudulent links via emails and text messages,

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Central Bank Repays $1.1bn to RBI, IMF as Reserves Remain Stagnant

  • CNL Reporter
  • August 28, 2025
  • Banking and Financial, News
  • Central Bank
  • 0 Comments

Sri Lanka’s central bank has repaid over US$1.1 billion in reserve-related debt in the year to March 2025,

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People’s Bank records an all-time-high Profit before Tax in 1H 2025

  • CNL Reporter
  • August 28, 2025
  • Banking and Financial, News
  • People’s Bank
  • 0 Comments

People’s Bank yesterday said it reported an all-time-high Profit before Tax (PBT) of Rs. 28 billion in the first half of 2025.

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Maga Engineering gets Rs. 1.2 bn contract to repair Southern Expressway

  • CNL Reporter
  • August 28, 2025
  • Constructions, News
  • Maga Engineering
  • 0 Comments

The Cabinet of Ministers on Monday approved awarding a Rs. 1.2 billion contract to Maga Engineering Ltd.,

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Govt to award contract to local company to renovate section of Southern Expressway

  • CNL Reporter
  • August 27, 2025
  • Constructions, News
  • Southern Expressway
  • 0 Comments

The Cabinet of Ministers has granted approval to award the contract to a local company for the renovation of the section of the Southern Expressway between Kottawa and Dodangoda, covering 15 kilometers.

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Sri Lanka Corporate earnings increase 56% in Q2 2025

  • CNL Reporter
  • August 27, 2025
  • Business News, News, Political
  • Sri Lanka
  • 0 Comments

Sri Lanka’s listed corporate earnings increased by 56% year-on-year (y-o-y) in Q2 to Rs. 152 billion,

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President appoints 28-member Task Force to develop Tourism industry

  • CNL Reporter
  • August 26, 2025
  • Political, Travel and Tourism
  • Tourism industry
  • 0 Comments

A Presidential Task Force has been appointed for the implementation of the Sri Lanka Tourism Development Programme.

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CEAT signs $171m BOI deal to strengthen Sri Lanka’s tyre exports

  • CNL Reporter
  • August 25, 2025
  • Business News, News
  • CEAT
  • 0 Comments

CEAT OHT Lanka Ltd. has signed an agreement with the Board of Investment of Sri Lanka (BOI) for a $171 million investment,

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