Record-Breaking Growth Amid Low PenetrationSri Lanka Insurance Life (SLIC Life) reported impressive results for the first nine months of 2025. Gross Written Premiums (GWP) reached LKR 23.6 billion (+32% YoY), new business premiums rose 61% YoY to LKR 5.4 billion, and pre-tax profit climbed to LKR 23.9 billion. Claims disbursed totaled LKR 13.2 billion (+49% […]
A Bold Move in the Banking LandscapeHSBC, a major global banking institution, has announced the sale of its entire retail banking operations in Sri Lanka to Nations Trust Bank (NTB) for LKR 18 billion. The transaction includes approximately 200,000 retail accounts, encompassing savings and checking accounts, credit cards, and personal loans. While the retail segment […]
A New Chapter for Sri Lanka–Maldives Travel In a positive move to boost regional tourism, the Government of the Maldives has announced that Sri Lankan citizens are now eligible to receive a free 90-day on-arrival tourist visa. The decision comes in conjunction with President Anura Kumara Dissanayake’s official visit to the Maldives, further strengthening the […]
