Tea sales weaken in January as all elevations post declines

The national tea auction prices eased in January 2026, extending a softer trend at the start of the year, as all three elevation categories posted month-on-month declines, according to the industry data compiled by Forbes & Walker Research.

Senthilverl Holdings raises Colombo Dockyard shareholding to 12.2%

Senthilverl Holdings (Private) Limited has raised its stake in Colombo Dockyard PLC above the 10 percent threshold, according to a stock exchange disclosure filed under Sri Lanka’s Takeovers and Mergers Code.

CIC Holdings’ 9MFY26 revenue reaches Rs.70bn despite cyclone-related agricultural disruption

Agriculture-rich diversified conglomerate CIC Holdings PLC recorded a consolidated revenue of Rs.70.28 billion for the nine months ended December 31, 2025 (9MFY26), reflecting an increase of 8.69 percent year-on-year (YoY) compared to the corresponding period of the previous year.

Hemas Holdings reports mixed 3Q results as healthcare gains offset consumer softness

Hemas Holdings PLC posted a mixed performance in the third quarter ended December 2025, with the earnings rebounding sequentially but declining year-on-year (YoY), due to the temporary disruptions from Cyclone Ditwah and seasonal shifts in demand.

From volume to value: Digital embellishment as new competitive edge for Sri Lankan brands

In the high-stakes arena of global commerce, the silent salesman is often the packaging. Whether it is a box of premium Ceylon Tea on a shelf in London, a garment tag on a dress in a New York boutique or a corporate annual report on a boardroom table in Colombo, the physical touchpoint dictates the perceived value of the product. For decades, the Sri Lankan printing industry operated on a simple, industrial-age axiom: success is volume. The goal

Home Lands set to launch 1,000 brand-new resort apartments at Roadshow

Real estate developer Home Lands is set to redefine the property investment landscape with the launch of the Home Lands Property Investment Roadshow 2026.

Suwasevana Hospital renews MoU with NITF

Suwasevana Hospital, Kandy, one of the Central province’s most trusted healthcare providers with over 40 years of excellence in healthcare since its founding on August 1, 1985, has renewed its memorandum of understanding (MoU) with the National Insurance Trust Fund (NITF) for a further three-year period, reinforcing a shared commitment to accessible, reliable and quality healthcare for Sri Lankan government employees covered under the Agrahara In

Nestlé Lanka among Sri Lanka’s Top 10 Employers

Nestlé Lanka was honoured as one of Sri Lanka’s Top 10 Best Employers at National Best Employer Awards 2025, organised by the Employers’ Federation of Ceylon (EFC), reaffirming its leadership in people-centric workplace practices.

People’s Bank joins as Platinum Business Partner for APB Annual Convention 2026

People’s Bank has partnered as the Platinum Business Partner for the APB Annual Convention 2026, reaffirming its commitment to leadership, professional excellence, and the advancement of Sri Lanka’s banking sector.

99x introduces ‘Xiana’- a visual agent for personalised human interaction

99x recently announced the launch of Xiana, its latest AI-powered agent supporting facial recognition, intelligent automation and natural language interaction.

Rajendra Theagarajah recognised with SLID–ACCA Silver award for board leadership excellence

First Capital Holdings PLC and Janashakthi Finance PLC, subsidiaries of JXG (Janashakthi Group), announced that their Chairman, Rajendra Theagarajah, was honoured with the Silver Award for Outstanding Independent Non-Executive Director of the Year at the inaugural SLID–ACCA National Corporate Director Awards 2025, in recognition of his leadership, integrity and contribution to strengthening corporate governance standards in Sri Lanka.

Lankatiles celebrates opening of 58th showroom in Galle

Sri Lanka’s leading tile manufacturer Lankatiles announced the opening of its 58th showroom and second in the Galle located at Matara Road, PettigalaWatta.

Flora Tissues earns Superbrand status for second time

Flora Tissues, Sri Lanka’s soft disposable tissue brand under Pee Bee Management Services (Pvt) Ltd, was conferred Superbrand status for 2025.

HNB expands Priority Circle across key Colombo suburbs

HNB PLC has opened three new Priority Circle Lounges in Battaramulla, Dehiwala and Panadura, further strengthening its premium service network for discerning customers.

Alpha Fire Services unveils new logo

Alpha Fire Services PLC unveiled its new logo at the Head Office in Colombo recently.

Port City Colombo Investor Forum in Singapore highlights SL’s transformation

Sri Lanka presented a clear message of confidence, reform, and long-term opportunity at the Exclusive Port City Colombo Investor Forum held on January 27 at the Shangri-La Hotel, Singapore.

NCHS strengthens presence at EDEX Expo as Platinum Partner in Colombo and Kandy

The Nawaloka College of Higher Studies (NCHS) once again partnered EDEX Expo as the Platinum Partner, marking a strong presence at both the Colombo and Kandy editions of Sri Lanka’s largest education and careers exhibition.

BCS Sri Lanka Section appoints new Executive Committee at AGM

BCS Sri Lanka Section, the Sri Lankan chapter of BCS – The Chartered Institute for IT, announced the appointment of its new Executive Committee at its 30th Annual General Meeting (AGM) held on January 30 at Courtyard by Marriott Colombo.

Volt Charge expands EV charging footprint with Jetwing Hotels

Volt Charge electric vehicle (EV) charging network announced a strategic partnership with Jetwing Hotels to deploy EV charging infrastructure across a selection of Jetwing’s key hotels islandwide.

TRIZEN welcomes Tea Avenue café on-site

Adding another dimension to this resident-focused experience, TRIZEN has unveiled Tea Avenue Daily Brew, brought to life in collaboration with Tea Avenue.

Cabinet approves tenders for 160 MW/640 MWh national battery storage project

In a significant step towards strengthening the country’s electricity system, Cabinet this week approved awarding tenders for the installation of a 160 MW/640 MWh battery energy storage system, Energy Ministry said.

SriLankan Airlines CEO search draws 200 applications

National carrier SriLankan Airlines has received around 200 applications for the post of Chief Executive Officer, Deputy Minister of Ports and Civil Aviation Janitha Ruwan Kodithuwakku told Parliament yesterday.

Cabinet approves Renewable Energy Resources Development Plan 2025–2030

In line with the National Policy on Renewable Energy, the Cabinet has approved the Renewable Energy Resources Development Plan 2025–2030, aimed at meeting 70 percent of Sri Lanka’s national electricity demand from renewable energy sources by 2030 and achieving carbon neutrality by 2050.

Tourist arrivals hit record high in January kicking off 2026 with strong momentum

​Sri Lanka’s tourism industry has recorded a historic start to the new year, with arrivals in January 2026 surging to an all-time monthly high of 277,327 visitors.

Local construction sector urged to move beyond ‘survival mode’

Sri Lanka’s construction industry must move decisively from “survival mode” to “growth mode” and reposition itself as a core driver of the national economy rather than a purely domestic service sector, the newly appointed President of the Chamber of Construction Industry of Sri Lanka (CCI), Vernon Manilal Fernando said.

IRCSL extends Sanasa Life Insurance suspension to March 3

The Insurance Regulatory Commission of Sri Lanka (IRCSL) has once again extended the suspension of the registration granted to Sanasa Life Insurance Company PLC to carry on long-term insurance business.

Crossings boost turnover

The ASPI closed in green as a result of price gains in counters such as Colombo Dockyard, Teejay Lanka and Ceylon Tobacco Company with the turnover crossing Rs. 8.2 bn.

Measured buying persists, volumes improve

Monday’s buying interest persisted through yesterday’s trading session while trading activity and overall volumes showed a marked improvement.

NIBM and Codegen join forces to equip children with future-ready tech skills

The National Institute of Business Management (NIBM), one of Sri Lanka’s premier state higher education institutions, has entered into a strategic memorandum of understanding (MoU) with Codegen International to expand technological education for children.

Pan Asia Bank marks 30 years

For three decades, Pan Asia Bank has steadily grown into one of Sri Lanka’s most trusted and loved financial institutions, building lasting relationships with customers across the nation through its expanding network of branches and digital banking presence.