MoC inked to strengthen business links

Sri Lanka and Japan signed a Memorandum of Cooperation (MoC) on economic policy dialogue this week at the Finance Ministry.

WSO2 launches ‘Fair Pricing for Governments’ Initiative 

Tech entity WSO2 yesterday announced the launch of a new ‘Fair Pricing for Governments’ initiative, aimed at supporting public-sector organisations’ worldwide access to high-quality, ethical digital services at prices aligned with local economic realities.

Port City Colombo says 2026 Act amendments will boost investor clarity, ease of doing business

The 2026 amendments to the Colombo Port City Economic Commission (CPCEC) Act mark a shift in Sri Lanka’s regulatory framework for the Colombo Port City special economic zone, aimed at improving governance, streamlining oversight and providing greater certainty for large-scale international investment, Port City Colombo said.

Indices edge down

The ASPI edged down as a result of price losses in counters such as C T Holdings, Pan Asia Banking Corporation and Diesel & Motor Engineering with the turnover crossing Rs. 4.2 bn.

Selling pressure builds on long tenors

Yesterday, the 2029 segment saw mixed trading activity, while selling pressure emerged on the long tenors.

EDB-Riyadh Embassy-SFDA conduct webinar on export registration procedures to Saudi Arabia

The Sri Lanka Export Development Board (EDB), in collaboration with the Embassy of Sri Lanka in Riyadh and the Saudi Food and Drug Authority (SFDA), successfully conducted an informative webinar on the registration procedures and regulatory requirements for exporting products to the Kingdom of Saudi Arabia (KSA), with the participation of over 90 Sri Lankan export companies.

PMF Finance posts strong 9-month results

PMF Finance PLC has reported a significant improvement in its financial performance for the nine months ended December 31, 2025, underscoring the company’s resilience and growth momentum in a challenging economic environment.

HNB relocates Bandaragama customer centre

HNB PLC marked another milestone in its legacy of industry leadership with the ceremonial opening of its newly relocated Bandaragama Customer Centre at 111, Horana Road, Bandaragama.

DFCC Bank achieves top honours at CIPM Great HR Quiz

DFCC Bank announced its achievement of First Place in the Banking Sector and recognition as Overall Second Runners-Up at the Great HR Quiz organised by the Chartered Institute of Personnel Management (CIPM).

99x wins Gold at 33rd NCE Awards

99x, a global leader in product engineering, has once again strengthened its position as one of Sri Lanka’s leading technology exporters by securing the Gold award in the Extra-Large Category, under the ICT, BPO and Related Services Sector, at the 33rd National Chamber of Exporters (NCE) Awards.

Toyota Lanka expands Sure concept to Ratmalana and Kandy

The Toyota Sure concept, which was officially introduced by Toyota Lanka in 2019 and was launched in the Wattala branch, has been expanded with its second new showroom in Ratmalana, bringing certified Japan Domestic Toyota vehicles through a carefully selected, inspected and fully certified mobility experience.

Union Bank empowers entrepreneurs

As part of the Union Bank School of Social Entrepreneurship initiative, Union Bank partnered with the University of Moratuwa and National Innovation Agency to upskill and empower SMEs, under the National Entrepreneurship Development Programme (NEDP).

SriLankan Cargo secures IATA CEIV Live Animals Certification

SriLankan Cargo, the air freight arm of SriLankan Airlines, has secured another regional first by becoming the first airline in South Asia to be awarded the Centre of Excellence for Independent Validators (CEIV) for Live Animals Logistics Certification from the International Air Transport Association (IATA).

Sri Lanka shines with Bronze at Young Chef Olympiad 2026

The 12th edition of the Young Chef Olympiad 2026 (YCO26) recently concluded in Kolkata, India, with Sri Lanka proudly claiming the Bronze trophy at this prestigious global culinary competition.

Tantri-Mercy Education Campus launch industry-led skill development initiative

Tantri Trailers (Pvt.) Ltd, one of Sri Lanka’s leading industrial manufacturing companies, has entered into a strategic memorandum of understanding (MoU) with the Mercy Education Campus, Puttalam, to strengthen industry-aligned technical education and enhance youth employability across the country.

Lanka Bio Fertilizers-Market Development Facility extend partnership

Lanka Bio Fertilizers (Pvt.) Ltd (LBF), one of Sri Lanka’s leading manufacturers and distributors of next-generation fertilisers, recently formalised the extension of its strategic partnership with the Market Development Facility (MDF), at an agreement signing ceremony attended by the senior representatives of both organisations.

First Capital designates February as Month of Sustainability and Wellbeing

First Capital Holdings PLC has announced February as its Month of Sustainability and Wellbeing, reaffirming the group’s commitment to responsible growth by placing equal emphasis on environmental stewardship, social responsibility and employee well-being.

Sri Lanka greets IMF Chief Georgieva

International Monetary Fund (IMF) Managing Director Kristalina Georgieva arrived in Sri Lanka yesterday on what is a landmark visit, combining urgent disaster assessment with a high-profile economic mission.

Vidullanka and WindForce lead US $ 21bn battery storage rollout under CEB initiative

The Ceylon Electricity Board (CEB) yesterday awarded contracts to Vidullanka PLC and WindForce PLC to develop standalone battery energy storage system (BESS) projects, marking a significant step in Sri Lanka’s first-ever grid-scale BESS initiative.

PMI for Manufacturing and Services continued to expand in January

The economic activities across both manufacturing and services activities have continued to expand through January 2026, according to the Purchasing Managers’ Index (PMI), reflecting that the broader Sri Lankan economy is humming along on the back of lower interest rates and positive sentiments.

Prime Lands Residencies 3Q profit jumps 144% on stronger margins, faster project execution

Prime Lands Residencies PLC (PLR) delivered a standout third-quarter performance for the period ended December 31, 2025, posting a sharp earnings growth as construction progress accelerated in key projects and margins improved, keeping the investor expectations firmly intact.

CBL taps US $ 40mn IFC package to boost global coconut, biscuit footprint

The International Finance Corporation (IFC), part of the World Bank Group, has committed US $ 28.6 million to Sri Lanka’s CBL Group, as part of a wider US $ 40 million financing package, to support the food manufacturer’s overseas expansion across Asia and Africa.

Bill cleared to regulate microfinance and money lending sector

The Committee on Public Finance (COPF) has approved the proposed Microfinance and Credit Regulatory Authority Bill, paving the way for tighter oversight of the country’s microfinance and money lending sector, including the online lending activities.

Week begins in green

Indices closed in green as a result of price gains in counters such as Hatton National Bank, Sampath Bank and Commercial Bank with the turnover crossing Rs. 5.6 Bn. High net worth and institutional investor participation was noted in Seylan Bank nonvoting, Dialog Axiata and Royal Ceramics. Mixed interest was observed in Colombo Dockyard, HVA Foods and Sampath Bank whilst retail interest was noted in SMB Leasing, Co- Operative Insurance Company an

Short and mid-term trades dominate as yield curve holds steady

The secondary market posted a mixed sentiment while the trading volumes stood at moderate levels during yesterday’s session.

CB Governor hails German govt. for supporting SL’s external debt restructuring process

The Sri Lanka–Germany Business Council (SLGBC) of The Ceylon Chamber of Commerce hosted an exclusive Breakfast Meeting with Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka.

Kamal Munasinghe takes helm at Cinnamon Life at City of Dreams

Cinnamon Life at City of Dreams has announced the appointment of Kamal Munasinghe as General Manager, effective 15 February 2026. Munasinghe will continue in his role as Senior Vice President – Colombo Hotels at Cinnamon Hotels & Resorts.

Seylan Bank appoints two new directors

Seylan Bank PLC has further strengthened its Board of Directors with the appointment of two professionals, W.D. Batagoda as a Non-Executive Director with effect from 26 December 2025, and Ramani Samarasundera as an Independent Non-Executive Director with effect from 26 January 2026.

Roar AdX hosts Sri Lankan brands at TikTok’s regional headquarters in Dubai

Roar AdX recently hosted two of its clients, Ceylon Biscuits Limited (CBL–Munchee) and Spa Ceylon, for a leadership connect with senior teams at TikTok’s Middle East and South Asia headquarters in Dubai.

HNB elevates home loan solutions in partnership with Groundworth

HNB PLC announced a strategic partnership with Groundworth Pvt Ltd through the signing of a MoU to promote home loan financing for a landmark mixed development project in Colombo.