UB Finance-JKCG Auto offer financing solutions for BYD NEVs

UB Finance PLC (UBF) entered into a strategic partnership with John Keells CG Auto (Pvt.) Ltd (JKCG Auto), the authorised distributor for BYD new energy vehicles (NEVs) in Sri Lanka, to offer exclusive and attractive financing solutions for customers purchasing BYD’s latest electric and hybrid vehicle range. The partnership was formalised through the signing of a memorandum of understanding, enabling the UBF customers access preferential benefits

Industries Chamber launches CNCI Achiever Awards 2026

The Ceylon National Chamber of Industries (CNCI) had its official launch and media briefing of CNCI Achiever Awards 2026 for industrial excellence recently, at Hotel Taj Samudra Colombo.

Hayleys PLC Shines at CA Sri Lanka’s TAGS Awards Diamond Chapter with Grand Honour of Excellence for 2025

The historic 60th anniversary was graced by Esteemed Guest Hon. Dr. Anil Jayantha Fernando, Minister of Labour and Deputy Minister of Finance and Planning, Chief Guest Dr. Nandalal Weerasinghe, Governor of

Sinopec Extends Clean Sri Lanka Network with New Look Stations Across Anuradhapura

Sinopec reaffirmed its commitment to uplifting Sri Lanka’s energy infrastructure and community standards with the completion of three upgraded fuel stations and one brand-new Station in Anuradhapura, marking a

Property Investment Roadshow 2026 Home Lands launches 4 brand-new resort apartment projects

Home Lands Property Investment Roadshow 2026 brought together investors, homeowners and industry stakeholders for a full-day showcase to witness the historic launch of Greater Colombo’s four brand-new

Sun Siyam Pasikudah redefines Valentine’s romance with privé escape on east coast

Celebrate an unforgettable Valentine’s escape in the serene splendour of Sri Lanka’s eastern shores at Sun Siyam Pasikudah, a boutique privileged hideaway now reimagined as part of the exclusive Privé

Celebrate love with premium Valentine’s dining experiences at NH Collection Colombo

Celebrating the season of love, NH Collection Colombo presents a thoughtfully curated selection of Valentine’s dining experiences, offering elegant settings and meaningful ways to celebrate with loved ones

Celebrate your love at Hilton Colombo this Valentine’s Day

Hilton Colombo invites guests to celebrate the Valentine’s Day with an assortment of exclusive dining experiences, which will create special romantic memories to be treasured for a lifetime.

Amana Takaful Insurance relaunches unified mobile app

Amana Takaful Insurance PLC has officially relaunched its mobile application, marking a major milestone in the company’s digital transformation journey by bringing both life and general insurance services into a single, fully-integrated digital platform.

Alternate Financial Institutions Association appoints new board

The Association of Alternate Financial Institutions (AAFI) appointed its new board for the year 2026/2027, at the Annual General Meeting held recently.

SL briefs bondholders on US $ 7.6bn restructured debt in global investor call

The Finance, Planning and Economic Development Ministry concluded a formal briefing yesterday for the international investors, marking a key milestone in the country’s post-restructuring financial transparency.

Govt. kicks off stakeholder talks on tariff overhaul to support industry, exports

The government, this week, launched stakeholder consultations on a proposed overhaul of its tariff structure, a reform the government said is aimed at strengthening domestic production, improving trade efficiency and supporting export-led growth under Budget 2026.

Cargills reports strong 3Q performance

The Cargills group reported a strong financial performance for the third quarter of the 2025/26 financial year, demonstrating resilience, despite the severe weather disruptions experienced across Sri Lanka during the period. The group revenue for the quarter reached Rs.70.8 billion, reflecting a 14.5 percent year-on-year (YoY) increase, while the EBITDA grew 29 percent to Rs.7.3 billion. Profit after tax (PAT) rose 79.3 percent to Rs.2.9 billion,

Sunshine Holdings profit falls despite 8% revenue growth as healthcare margins tighten

Sunshine Holdings’ latest nine-month results show a group still growing revenues but facing a more complicated earnings picture beneath the headline numbers.

Indices close in green

The ASPI edged up as a result of price gains in counters such as Nawaloka Hospitals, Central Finance Company and Cargills with the turnover crossing Rs. 3.3 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Samson International,

Short end of yield curve sees buying interest

The Public Debt Management Office concluded its weekly T-bill auction where Rs.90.0 billion was raised, accepting the fully offered amount.

SLT-Mobitel recognises partners and expands SME network at ‘Joining Forces 25’

SLT-Mobitel Enterprise reinforced its commitment to empowering SME businesses at ‘Joining Forces 25’ – SME Partnership Recognition & Onboarding Ceremony,’ held at Amari Colombo recently.

Control Union launches 28th Global Testing Laboratory in Sri Lanka

Control Union Sri Lanka has officially opened its new analytical laboratory, marking a significant milestone as the 28th laboratory within the global Control Union network and the first PCR-based food testing laboratory in the country.

BYD strengthens after-sales network opening Body and Paint Center

In the wake of surging demand for New Energy Vehicles (NEVs) in Sri Lanka, BYD and its authorized distributor John Keells CG Auto have opened the country’s largest purpose-built body shop and accident repair centre dedicated exclusively to BYD, and their premium sub-brand DENZA.

Hutch launches Sri Lanka’s first ‘sustainability centric’ brand retail spaces

Hutch Sri Lanka is redefining the country’s retail landscape with the launch of its Signature outletsdesignedat core by sustainability thinking to modern retailing and servicing.

Seylan Bank elevates customer convenience with digital and self-service options

Seylan Bank continues its commitment to offer an expansive portfolio of 24/7 mobile, self-service, and everyday banking solutions.

Sri Lanka showcases investment, trade and tourism potential at FICAC South Asia meet

The government is working tirelessly with international partners to position Sri Lanka as a credible regional and global hub that fosters peace, partnerships and shared prosperity, Prime Minister Dr. Harini Amarasuriya said recently.

hSenidBiz achieves US$ 5m ARR and profitability milestone

hSenid Business Solutions PLC (hSenidBiz) announced its financial results for the third quarter of FY2026, marking a transformative period as the company achieved profitability and surpassed the US$ 5 million exit ARR milestone. Total revenue for the quarter reached Rs. 547.6 million, reflecting year-over-year growth of 27 percent in LKR terms and 23 percent in US$ constant currency terms.

HNB Assurance wins ‘Best Health Insurance Coverage of the Year - Sri Lanka’ ICC award

HNB Assurance PLC was recognized as the Best Health Insurance Coverage Provider of the Year – Sri Lanka, at the awards ceremony organized by the Indian Chamber of Commerce (ICC).

Ministry of Brands to become Sri Lanka’s first off-price retailer

Sri Lanka’s retail landscape will reach a major milestone with the launch of Ministry of Brands (MOB), the country’s first off-price retailer. The flagship store is set to open on 16 February 2026, introducing Sri Lankan consumers to authentic global luxury and premium brands at discounts of up to 90% off original retail prices.

Virtusa and Wiley form multi-year partnership for technology transformation

Virtusa Corporation and Wiley, a global leader in authoritative content and research intelligence for the advancement of scientific discovery, innovation, and learning, today announced a multi-year managed services partnership under which Virtusa will provide infrastructure and application services and support Wiley’s strategic technology initiatives.

JKH eyes new resort project as tourism rebound fuels demand

John Keells Holdings (JKH) is evaluating the feasibility of constructing a new resort on its undeveloped land bank, as the country’s tourism sector stages a robust recovery with the arrival numbers projected to hit record highs in early 2026.

SME Chamber proposes Rs. 300bn ‘Bad Bank’ to tackle toxic loans

The Sri Lanka Chamber of Small and Medium Industries (SLCSMI) has unveiled a comprehensive blueprint for a Rs. 300 billion “Bad Bank” to rescue the nation’s embattled small and medium enterprise (SME) sector.

Banking sector led SL’s stock market surges in 2025: Almas Equities Research

Sri Lanka’s stock market rally in 2025 was driven largely by heavyweight counters rather than broad-based gains, with banking stocks emerging as the single biggest force behind the benchmark index’s advance, highlighted Almas Equities Research.

IMF awards Talal Rafi for most popular Public Finance Article of 2025

The International Monetary Fund (IMF) has awarded economist Talal Rafi for the Most Popular Public Finance Article of 2025 for its Public Financial Management (PFM) Blog, recognising the global reach, policy relevance, and impact of his contribution to the IMF’s Public Financial Management (PFM) discourse.