CSE opens week on positive note driven by Investor optimism

The Colombo Stock Exchange (CSE) commenced the week on a positive note, extending its upward momentum amid sustained investor confidence. The market surge was primarily driven by the continued optimism among investors, supported by a gradual easing of global uncertainties.

CSE boosted by massive gains as global economic tensions ease

The Colombo Stock Exchange (CSE) continued its bullish momentum, recording substantial volumes and turnover as the market closed above the 16,300 mark.

CSE uptrend continues on positive Quarter earnings

The Colombo Stock Exchange (CSE) closed the session on a positive note, continuing its upward momentum amid renewed investor confidence. The surge was driven by improved sentiment and strong quarterly earnings, with the banking sector leading the gains, while other sectors also showed positive performance.

Hector Dias’ ’Meenachchi’ marks Sri Lankan Dolby Atmos debut on Apple Music

Sri Lankan artist Hector Dias’s track ’’Meenachchi’’ is now offering an immersive Dolby Atmos experience on Apple Music, a development hailed by its collaborators as a ’’first for Sri Lanka’’ in providing such content on the platform.

Miss Universe Sri Lanka 2025 announces key partnership with Amanté

Amanté, a leading intimate wear brand, will be the official main sponsor for Miss Universe Sri Lanka 2025. This collaboration highlights a mutual dedication to the empowerment of Sri Lankan women and aims to strengthen the country’s global presence in pageantry.

Three Sri Lankan entrepreneurs shine on Forbes 30 Under 30 Asia list

Sri Lanka celebrated a key milestone as three of its young and emerging entrepreneurs ; Yanika Amarasekera-Siyaguna, Charith N Silva, and Nikin Matharaarachchi have been named to the prestigious Forbes 30 Under 30 Asia 2025 list. Yanika Amarasekera-Siyaguna founded Silver Aislein 2019, Sri Lanka’s first online wedding registry platform.

Sampath Bank appoints Sanjaya Gunawardana as New Managing Director

Sampath Bank PLC today announced the appointment of Sanjaya Dias Pujitha Gunawardana as its new Managing Director, effective September 24, 2025, subject to regulatory approvals, according to a stock filing.

Gestetner to resume from new site after fire

Gestener of Ceylon PLC shared that its business operations remain significantly disrupted following a fire at its premises on Vauxhall Street, Colombo 02, on 10 May.

CSE rallies past 16,100 as global economic tensions ease, boosting investor sentiment

The Colombo Stock Exchange (CSE) closed the session with strong upward momentum, surpassing the 16,100 mark amid renewed investor confidence. This surge was driven by easing global economic tensions, particularly between the United States and China, which provided a supportive backdrop for equity markets worldwide.

De-dollarization gaining momentum in Asia as trade tensions fuel currency diversification

Mounting trade friction is accelerating a move away from the US dollar in currency markets, with banks and brokers reporting increased demand for alternatives, as reported by Bloomberg News.

CSE ends in red on low trading activity

The Colombo Stock Exchange (CSE) closed the session with a subdued performance, ending on a negative note. Trading activity remained low throughout the day, as reflected by reduced volumes and turnover.

Positive momentum returns despite low turnover

The Colombo Stock Exchange (CSE) showed positive momentum today, recovering from a decline seen yesterday.

CAL’s Rs.1.58 IPO oversubscribed within hours

Capital Alliance Holdings Limited’s (CALH) Rs. 1.58 billion initial public offering (IPO) was oversubscribed within hours of opening today.

CSE turns red, post Local Government Election

The Colombo Stock Exchange (CSE) exhibited negative momentum throughout the trading session. The All-Share Price Index (ASPI) moved lower, closing below the 15,900 mark, following the local government election in Sri Lanka.

World Bank Group President to visit Sri Lanka

Ajay Banga will visit Sri Lanka on Wednesday, May 7, the first presidential visit to the country by a World Bank Group president in nearly 20 years.

CSE wraps up the shortened trading session with improved momentum

The Colombo Stock Exchange (CSE) continued its positive momentum from yesterday, with the All-Share Price Index (ASPI) closing above the 15,900 mark once again.

CBSL launches Sustainable Finance Roadmap 2.0

The Central Bank of Sri Lanka (CBSL) launched the Sustainable Finance Roadmap 2.0 yesterday (5 April), marking a key milestone in its continued efforts to foster a climate-resilient and socially inclusive financial system.

CSE starts the week on a positive note as ASPI surpasses 15,900

The Colombo Stock Exchange (CSE) concluded today’s trading session on a positive note, with the All Share Price Index (ASPI) closing above the 15,900 mark. The week started on an optimistic footing, supported by improved investor sentiment and renewed market confidence.

CSE shortens trading hours for local government elections

The Colombo Stock Exchange (CSE) will operate on reduced trading hours tomorrow, Tuesday, 6 May 2025, due to the local government elections.

Commercial Bank secures approval to establish representative Office in Dubai

The Commercial Bank of Ceylon PLC (CBC) has announced a strategic expansion into the Middle East following regulatory approval from the Dubai Financial Services Authority (DFSA) to open a Representative Office within the Dubai International Financial Centre (DIFC).

CSE begins May with positive momentum

The Colombo Stock Exchange (CSE) started the May with a positive trading session from the beginning to end, supported by a strong rebound in investor sentiment.

Merchant Bank of Sri Lanka announces Rs.1B debenture issue

Merchant Bank of Sri Lanka & Finance PLC (MBSL), a subsidiary of Bank of Ceylon, has unveiled plans to raise up to Rs, 1 billion through the issuance of unsecured subordinated redeemable debentures.

LIOC, Sinopec follow CPC in fuel price revision

In line with the fuel price revision by the Ceylon Petroleum Corporation (CPC), Lanka Indian Oil Corporation (LIOC) and Sinopec Energy Lanka (Private) Limited have decided to reduce fuel prices, effective from tonight.

No price revision for LAUGFS gas

There will be no price revision for LAUGFS Gas domestic cylinder refills in May, LAUGFS Gas Director and Cluster CEO Dr. Niroshan J. Pieries said.

Fuel prices slashed

The Ceylon Petroleum Corporation (CPC) has announced a fuel price reduction, effective from midnight today.

CSE declines amid profit-taking pressure

The Colombo Stock Exchange (CSE) concluded today’s trading session on a negative note, with the All Share Price Index (ASPI) closing just below the 15,800 level.

No April 30 deadline for WHT declarations: IRD Commissioner says

The Commissioner General of the Inland Revenue Department (IRD) today denied a report circulating on social media claiming that April 30 is the last date for individuals subject to withholding tax (WHT) on interest income, but without taxable income, to submit their self-declaration to banks and financial institutions.

11 million TINs registered, most yet to be issued: IRD

The number of Taxpayer Identification Number (TIN) registrations at the Inland Revenue Department (IRD) has reached 11 million, but most of the TINs have not been issued to the respective individuals.

Polestar Lanka Garments invests $5.08M in Sri Lanka, to create 679 jobs

Polestar (Lanka) Garments Ltd, a subsidiary of China’s Lianfa Group, has signed an agreement with the Board of Investment (BOI) to invest $5.08 million in a new export-oriented garment manufacturing facility.

Market holds firm amid strengthening macroeconomic conditions

The Colombo Stock Exchange (CSE) continued its positive trajectory for the fourth consecutive trading session, supported by a strong rebound in investor sentiment driven by a positive economic outlook.