Hyundai-Aban Auto ignites football fever with FIFA World Cup Test Drive Promo

Hyundai-Abans Auto is bringing the excitement of world-class football closer to home with a thrilling new promotion that gives Sri Lankans a once-in-a-lifetime opportunity to experience the FIFA World Cup live in the United States.

Institute of Chemistry Ceylon holds orientation programme for 2026 intake

The Institute of Chemistry Ceylon successfully conducted the Orientation Programme for the new intake on January 25th at its Malabe Campus.

Travelco Holidays strengthens regional presence, opens branch in Kandy

Travelco Holidays, a prominent provider of comprehensive travel solutions in Sri Lanka, has announced the opening of its newest branch in Kandy, marking a strategic expansion into the Central Province.

HierTalent set to redefine recruitment

HiAcuity, in partnership with Radicle Solutions (Pvt) Ltd., recently announced the launch of HierTalent, an all-new AI-powered recruitment platform.

EFC National Best Employer Awards 2025 celebrate excellence in people-centred leadership

The EFC National Best Employer Awards 2025 were successfully held on January 20, under the patronage of Indian High Commissioner to Sri Lanka, Santosh Jha, who graced the ceremony as Chief Guest.

Nestle wins ‘Best IR Practice Award’

Nestlé Lanka Ltd won the Industrial Relations Best Practices Award – In memory of Franklyn Amerasinghe at the EFC National Best Employer Awards 2025, recognising its exemplary industrial relations practices.

BYD China Media Tour (2025) Highlights

China’s battery and electric vehicle giant BYD hosted a Sri Lankan media delegation during the latter part of last year (2025), providing deeper insights into the technology, eco-friendly value of electric vehicles and an experience of the charm of cutting-edge innovation.

EDB releases Export Performance Indicators 2024 report

The local export sector received a detailed statistical lens this week with the release of the ‘Export Performance Indicators 2024’, the flagship annual publication of the Export Development Board (EDB),

Chinese ambassador urges ‘galloping momentum’ for economic ties

LB Finance secures US$ 45mn from Swiss impact investors to expand MSME lending

LB Finance PLC yesterday said it had secured US$ 45 million in long-term foreign currency funding from two Switzerland-based impact investors, strengthening its balance sheet and liquidity at a time when

Shangri-La Colombo appoints Andreas Streiber as General Manager

Shangri-La Colombo announced the appointment of Andreas Streiber as General Manager, effective immediately.

Policy vacuum, tax rigidities weigh on gem and jewellery industry

The parliamentary Committee on Public Finance has flagged deep-rooted policy and regulatory weaknesses constraining the country’s gem and jewellery industry, calling for a comprehensive national

T-bond auction sparks long-end demand

The secondary market yesterday registered high trading volumes, with buying interest emerging at the long-end, post T-bond auction. Long-end yields slightly edged down, following the T-bond auction.

Indices close in red

The ASPI closed in red as a result of price losses in counters such as Senkadagala Finance, Ceylon Tobacco Company and John Keells Holdings with the turnover crossing Rs. 6.9 bn.

Transforming future of SL’s MSMEs

The micro, small and medium enterprises (MSMEs) are the backbone of the Sri Lanka’s economy, contributing to approximately 52 percent to the nation’s GDP, while employing roughly 45 percent of the

David Pieris Renewable Energy introduces PROJOY and Hoymiles products

David Pieris Renewable Energy (Private) Limited (DPRE), the renewable energy arm of the David Pieris group, strengthened its position in Sri Lanka’s rapidly growing renewable energy sector with the launch of

Cleantech becomes SL’s 1st GP Certified recycler

In a historic development for Sri Lanka’s plastic recycling sector, Cleantech (Pvt.) Ltd, a member of Abans Group of Companies, was the first to earn GP certification for its state-of-the-art recycling plant.

Full occupancy achieved at The Offices at Cinnamon Life

John Keells Properties announced that The Offices at Cinnamon Life, located within the landmark City of Dreams Sri Lanka, has reached full occupancy, along with some floors sold to a diverse portfolio of leading

BOC rings the bell for Sri Lanka’s largest sustainability bond issue in history

The Bank of Ceylon (BOC) marked the listing of its inaugural Basel III–compliant Tier II Sustainability Bond with a bell ringing ceremony at the Colombo Stock Exchange, formally recognizing the largest

ComBank-Hayleys Mobility offer flexible leasing solutions

Committed to elevating customer lifestyles and making the best in mobility accessible to everyone, Commercial Bank of Ceylon has entered into a strategic partnership with Hayleys Fentons Limited to

NDB-IFC further strengthen long-term strategic tie-up on 3 different fronts

National Development Bank PLC (NDB) stated that the bank has further strengthened its strategic partnership with the International Finance Corporation (IFC), a member of the World Bank Group, on three

CB keeps policy rate unchanged at 7.75% as inflation outlook holds

The Central Bank yesterday left its key policy rate, the Overnight Policy Rate (OPR), unchanged at 7.75 percent, while signalling an accommodative monetary stance, as the Monetary Policy Board is of the view the current policy setting is appropriate to steer inflation towards its medium-term target of around 5 percent.

Foreign investments important but forex flows remain priority: CB Governor

Foreign exchange earnings are more critical to Sri Lanka’s macroeconomic stability than foreign investments, Central Bank Governor Dr. Nandalal Weerasinghe said addressing the first Monetary Policy Review for 2026.

John Keells 3Q EBITDA surges 68% to Rs.23.76bn

Premier bluechip John Keells Holdings PLC (JKH) posted a 68 percent jump in third-quarter earnings before interest, tax, depreciation and amortisation (EBITDA) to Rs.23.76 billion, driven by strong momentum across its diversified operations.

IMF urges transparent, reprioritised spending as SL weighs cyclone recovery costs

Sri Lanka’s post-cyclone recovery needs to be carefully calibrated to avoid undermining fiscal and debt sustainability gains secured under its International Monetary Fund (IMF) programme, the IMF said, following a high-level mission to Colombo.

PickMe reports robust 3Q performance overcoming Cyclone Ditwah disruptions

Digital Mobility Solutions Lanka PLC (PickMe) recorded a revenue of Rs.6.2 billion for the first nine months of FY25/26, representing a 50 percent year-on-year (YoY) increase from Rs.4.1 billion in the corresponding period of the previous financial year.

Belgium’s CREDENDO agrees to reschedule SL’s debt in restructuring push

The Finance Ministry yesterday announced the signing of a bilateral agreement with Belgium’s export credit agency CREDENDO, to reschedule a portion of its external debt.

Hela Apparel says subsidiary faces serious loss of capital

Hela Apparel Holdings yesterday disclosed that one of its subsidiaries, Hela Clothing (Private) Limited, is facing a serious loss of capital situation, triggering the provisions under Sri Lanka’s Companies Act.

LVL Energy Fund proposes Rs.507mn rights issue to settle debt

LVL Energy Fund PLC has proposed a rights issue to raise Rs.507.1 million to settle its outstanding debt, the company said in a disclosure to the Colombo Stock Exchange (CSE). The board of directors has approved the issuance of 67.6 million new ordinary voting shares, on the basis of three new shares for every 31 shares held, at an issue price of Rs.7.50 per share.

Indices close on a mixed note

The ASPI closed in green as a result of price gains in counters such as Ceylinco Holdings, Senkadagala Finance and John Keells Holdings with the turnover crossing Rs. 6.9 Bn. Meanwhile, the S&P SL20 edged down. High net worth and institutional investor participation was noted in John Keells Holdings, Prime Lands Residencies and Singhe Hospitals, . Mixed interest was observed in LOLC Holdings, ACL Cables and Co-Operative Insurance Company whilst r