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.

Hayleys Mobility unveils SA’s largest OMODA & JAECOO showroom

Hayleys Mobility Limited announced the opening of South Asia’s largest OMODA & JAECOO (OJ) flagship showroom in Colombo 2.

Siddhalepa awarded Superbrands Sri Lanka status

Ayurvedic healthcare brand Siddhalepa has been awarded Superbrands Sri Lanka status, reaffirming its long-standing position as one of the nation’s most respected heritage brands with deep roots in Ayurveda. The recognition celebrates Siddhalepa’s enduring commitment to authenticity, holistic wellbeing, and consistent brand excellence spanning over nine decades.

International franchisors express confidence in Sri Lanka following industry expo

Sri Lanka’s franchise sector attracted significant international attention at the recently held Sri Lanka Franchise Expo 2026, where over a dozen global brands explored expansion opportunities in what industry observers describe as South Asia’s most strategically positioned franchise market.

BYD opens 3S Facility in Kandy

BYD and its authorised Sri Lankan agent, John Keells CG Auto, together with Indra Service Park, officially opened the BYD Kandy 3S Facility (Showroom, Service Center, and Spare Parts), expanding the brand’s aftersales network in the Central Province.

Macktiles launches ‘Macktiles Australia’ in Victoria

Macktiles has launched Macktiles Australia in Victoria, marking a major milestone for Sri Lankan manufacturing and a strategic entry into one of the world’s most design-aware, specification-led building markets.

Ceylinco Life wins 12th straight World Finance award

Ceylinco Life has once again been recognised as the Best Life Insurer in Sri Lanka by World Finance, securing the international accolade for an unprecedented 12thconsecutive year in respect of 2025.

Sri Lanka tourism crosses 400,000 arrivals mark; February momentum builds

Sri Lanka’s tourism industry has maintained its upward trajectory in 2026, surpassing the 400,000 cumulative arrival mark within the first two weeks of February, driven by a consistent influx of visitors from traditional source markets.

Hayleys posts Rs. 14bn profit as nine-month revenue climbs 16% to Rs. 421bn

The Hayleys Group recorded a Profit After Tax of Rs. 14.02 billion for the first nine months of the financial year ending 31 March 2026.

CT Holdings and Cargills divest 10% stake in Cargills Bank to meet regulatory caps

CT Holdings PLC and its subsidiary Cargills (Ceylon) PLC have collectively divested a stake exceeding 10 percent in Cargills Bank PLC, a strategic move executed to comply with shareholding guidelines mandated by the Central Bank of Sri Lanka.

Access Engineering commissions Sri Lanka’s first medical isotope plant today

Access Engineering PLC (AEL) is set to commission Sri Lanka’s first cyclotron-based radiopharmaceutical manufacturing facility today (February 16), marking a historic milestone in the nation’s healthcare landscape.

IMF Chief Georgieva in SL for talks on recovery

IMF Managing Director Kristalina Georgieva is due to arrive in Sri Lanka today (February 16) for a three-day visit, as the country continues its economic recovery under an IMF-supported programme.

Credit card spend records highest growth in December 2025

The outstanding balance of credit cards issued by licensed commercial banks increased by Rs. 4,897.0 million in December 2025, marking the highest monthly rise of the year as cardholders ramped up spending during the festive season.

Galle Face Icon to receive significant chunk of Ceylon Land’s Rs.4.3bn rights issue

Ceylon Land & Equity PLC has announced a rights issue to raise approximately Rs. 4.3 billion, a significant portion of which is earmarked to fund the completion of the “Galle Face Icon,” a flagship mixed-use development project in Colombo 03.

Xiaomi Sri Lanka launches Redmi Note 15 series

Xiaomi, a global leader in consumer electronics and smart manufacturing, announced the official launch of the Redmi Note 15 series in Sri Lanka.

New Anthoney’s Farms celebrates 40 years

New Anthoney’s Farms, Sri Lanka’s only producer of 100 percent antibiotic-free chicken, is celebrating 40 years of serving families with healthier, safer poultry.

JXG wins CIPM Great HR Quiz Sector Award

JXG (Janashakthi Group) emerged as the Sector Winner (Finance, Insurance, Real Estate and Investment) at CIPM Great HR Quiz 2026, held recently.

GAC Automobile Technologies launches Colombo 4 City Showroom

GAC Automobile Technologies (Pvt.) Ltd officially opened its new GAC City Showroom located at No. 342, Galle Road, Colombo 04, marking a significant milestone in the brand’s expansion of Sri Lanka’s electrified mobility landscape.

Prime Constructions achieves C1 grade

Prime Constructions (Pvt.) Ltd (PCL), the construction arm of the real estate leader Prime Group, has achieved the coveted C1 grade under the Construction Industry Development Authority (CIDA) grading system in just two and a half years since its incorporation.

CBL supports MasterChef Sri Lanka

CBL Group has entered into a partnership with MasterChef Sri Lanka as a Main Sponsor, marking a significant collaboration that celebrates culinary excellence, creativity and local talent.