Tech giant HP sees AI and SMEs as key to unlocking SL’s digital potential

As Sri Lanka’s digital economy gathers pace, technology giant HP Inc. said it is positioning itself at the forefront, betting on artificial intelligence (AI) and small and medium-sized enterprises (SMEs) to drive the next wave of growth.

Amana Bank reports robust December quarter performance

Amana Bank PLC, the only bank operating in Sri Lanka under Islamic financing principles reported some robust financial performance for the three months ended in December 2025 as well as for the full financial year.

DFCC blue bond gains international foothold with NSEIX admission

DFCC Bank PLC has secured a supplementary international listing for Sri Lanka’s first-ever Blue Bond on the NSE International Exchange (NSEIX) at GIFT City, marking a first for both the country and the Indian platform.

Week begins in red

Indices closed in red as a result of price losses in counters such as Commercial Bank, Sampath Bank and Hatton National Bank with the turnover crossing Rs. 9.5bn.

Early selling gave way to buying as the day progressed

Yesterday, the secondary market witnessed some selling activity during the early hours of trading, but investors embraced a buying stance as the day progressed.

Seylan Bank energises MSMEs with Rs.1.2bn loan disbursement

Seylan Bank PLC has achieved a significant milestone under the Seylan Atha Hitha loan programme, a government-funded initiative introduced to re-energise Sri Lanka’s micro, small and medium-scale enterprise (MSME) sector, in line with the national economic recovery strategy.

SLT-Mobitel wins Silver at SAFA Best Presented Annual Report Awards

SLT-Mobitel was honoured with the Silver award at the SAFA Best Presented Annual Report Awards, Integrated Reporting Awards and SAARC Anniversary Awards for Corporate Governance Disclosures 2024, in the Communication and Information Technology Category.

JKCG Auto opens Altair showroom

John Keells CG Auto, the authorised distributor of Sri Lanka’s most popular NEV brand, BYD and its premium sub-brand DENZA, announced the launch of its newest Altair showroom, marking a defining moment in the country’s transition towards sustainable mobility.

CFA Society-Frontier Research’s ‘Economics in Practice’ learning programme on March 12

CFA Society Sri Lanka, in collaboration with Frontier Research (Pvt.) Ltd, has announced a half-day executive learning programme titled ‘Economics in Practice’.

SLID-ACCA hold National Corporate Director Awards

The Sri Lanka Institute of Directors (SLID), in partnership with ACCA Sri Lanka, formally marked a milestone in the country’s corporate governance landscape with the inaugural SLID-ACCA National Corporate Director Awards Ceremony, held recently, at Cinnamon Grand Colombo.

Janashakthi Finance relocates Nugegoda branch

Janashakthi Finance PLC relocated its Nugegoda Branch to a more accessible and customer-friendly location at No. 136/5, S. De S. Jayasinghe Mawatha, Nugegoda, further strengthening its commitment to convenience and service excellence.

Sri Lankan-born innovator proposes science-led model to fix country’s agricultural crisis

While Sri Lanka grapples with the lingering aftershocks of its agricultural policy pivots and soil degradation, a Sri Lankan-born innovator making waves in Australia’s agribusiness sector believes the solution lies not in more chemicals but in radical efficiency.

Convenes top corporate leaders to map out year’s investment outlook

Leading investment services firm Asia Securities brought together corporate leaders, leading economists and over 150 investors at Sri Lanka Investor Conference 2026 themed ‘Rebuild. Digitise. Reprice’, held at Cinnamon Life recently, to examine Sri Lanka’s capital market outlook for the year.

External sector opens 2026 on firm footing

Sri Lanka’s external sector delivered a stronger-than-expected start to 2026, with January’s numbers pointing to a more broad-based foreign exchange cushion.

Labour shortage clouds construction boom despite strong PMI reading

Construction sector recorded an index value of 75.0, its second highest reading since highest of 75.7 recorded in July 2020

Unit trust investors to benefit from proposed tax disclosure measures: UTASL

The proposed amendments to Sri Lanka’s Inland Revenue Act aim to improve tax transparency for the unit trust investors and strengthen governance within the sector, the Unit Trust Association of Sri Lanka (UTASL) said. Under the draft legislation, the unit trusts would be required to issue detailed income certificates to the investors, outlining the earnings, exemptions, withholding taxes and any other information specified by the Commissioner Gen

Apparel exports dip in January as global demand wavers

Sri Lanka’s apparel exports fell 2.66 percent in January 2026 to US $ 425.44 million, from US $ 437.07 million a year earlier, reflecting the persistent pressure across key markets.

SLT group ends 2025 strong as 4Q profit rises on efficiency gains

The SLT group closed 2025 with a markedly stronger December quarter, as tighter cost controls and easing finance costs lifted the operating profit, despite only a marginal revenue growth.

Seylan Bank sees solid 2025 with quarterly profit up 9.4%

Seylan Bank PLC reported higher top and bottom-lines in the quarter ended in December 2025, defying the absence of one-off gains from provision reversals, as the other provisions for loans fell sharply, despite a solid loan growth.

Union Bank profits soar while asset quality improves

Union Bank of Colombo PLC reported sharply higher profits for the three months ended in December 2025, the bank’s financials showed, as the banking sector earnings wrapped up.

Union Bank to raise Rs.3bn via Basel III-compliant debenture issue

Union Bank of Colombo PLC announced its proposed debenture issue 2026, a strategic move aimed at raising up to Rs.3 billion.

Sri Lanka’s rubber industry at crossroads amid economic and structural stress

Sri Lanka’s rubber industry entered 2025 under mounting pressure from weakening global demand and policy uncertainty to persistent disease outbreaks, labour shortages and rising production costs.

Evolution Auto joins hands with Sterling Aftercare assuring after-sales support

Evolution Auto (Pvt) Ltd recently announced a strategic partnership with Sterling Aftercare, offering customers and prospective buyers across Sri Lanka access to premium full-service support for all Evolution Auto vehicle brands.

TONIK targets high-value tourism segment with story-led villa portfolio

TONIK, a design-led villa brand backed by the diversified Acorn Group, seeks to capture high-yield global travellers looking for culturally immersive experiences, largely through Sri Lanka’s boutique hospitality sector.

McLarens Group unveils improved Mobil–3M Experience Center

McLarens Group announced the opening of the Mobil–3M Experience Center, a state-of-the-art showroom located at Union place, Colombo 02, bringing innovation, science, and performance together under one roof.

Regen Renewables and Noritake Lanka Porcelain drive sustainable manufacturing with 350 kWh solar project

Regen Renewables (Pvt) Ltd, one of Sri Lanka’s renewable energy solutions providers, has officially signed a strategic partnership agreement with Noritake Lanka Porcelain (Pvt) Ltd to develop and implement a 350 kWh solar power project at Noritake’s manufacturing facility in Pannala.

HIP expands RoRo capacity with new yard

The Hambantota International Port (HIP) has commissioned a new six-hectare roll-on/roll-off (RoRo) yard as part of Stage I of Phase II of its RoRo yard expansion programme, marking a significant step in the port’s long-term automotive transhipment strategy.

Janashakthi Life records Rs.3.42bn net profit

Janashakthi Life, a leading name in the insurance industry and a flagship brand of JXG (Janashakthi Group), announced strong financial performance for the year ended December 2025, with 67 percent growth in new business and 31 percent growth in total gross written premiums, recording Rs.8.65 billion, endorsing credentials of a fast-growing insurer in the local insurance industry.

David Pieris Automobiles-ComBank deliver leasing solutions for GWM and BAIC

David Pieris Automobiles (Pvt.) Ltd, the four-wheeler sales arm of the David Pieris Group of Companies, has entered into a strategic partnership with Commercial Bank of Ceylon to introduce specially structured leasing solutions for the GWM and BAIC range of vehicles in Sri Lanka.

DFCC Bank rings bell to mark launch, listing of Sri Lanka’s first Basel III Compliant GSS+ Bond

DFCC Bank PLC (DFCC Bank) was invited by the Colombo Stock Exchange (CSE) to ring the market opening bell to mark the successful launch of Sri Lanka’s first Basel III–compliant Green, Social, Sustainability and Sustainability-Linked Loan (GSS+) Bond - a milestone in the country’s evolving sustainable finance landscape. The bell-ringing ceremony followed the strong market reception of the Bond, which was oversubscribed on its opening day, reflecti