LIMRA Awards Ceremony Union Assurance honours top-performing sales professionals

Union Assurance recently hosted its LIMRA Awards Ceremony on its head office premises, celebrating the outstanding sales professionals whose performance during the previous years met the rigorous

Groundworth launches Infinity land development in Piliyandala-Polgasowita

Groundworth (Pvt.) Ltd announced the launch of ‘The Infinity by Groundworth, a premium land development located in Piliyandala-Polgasowita, one of Colombo’s most rapidly expanding suburban

Prime Lands hands over 43 by the Sea

Prime Lands Residencies PLC recently announced the official handover of 43 by the Sea, welcoming its homeowners to one of Colombo’s most distinctive residential addresses on Marine Drive.

CSE completes 2nd planting phase of 4000 trees in Rajawaka forest

The Colombo Stock Exchange (CSE) successfully concluded the second stage of its landmark reforestation initiative in collaboration with the non-profit Rainforest Protectors of Sri Lanka, with the

Skills Advertising & Marketing marks 33 years

Skills Advertising & Marketing (Pvt.) Ltd, one of Sri Lanka’s longest established advertising agencies, celebrates its 33rd anniversary — a remarkable milestone for a 100 percent Sri Lankan-owned company

DFCC Bank’s focus on women’s financial inclusion gains recognition

DFCC Bank’s focus on women’s financial inclusion was recently reflected in the recognition of Vice President – Head of Pinnacle and Aloka Proposition Shera Hassen for her role in advancing women’s

Janashakthi Finance AFBU sets standard for ethical and Shariah-compliant finance in Sri Lanka

Janashakthi Finance PLC is redefining ethical investment in Sri Lanka’s non-banking financial sector by delivering innovative, Shariah-compliant financial solutions that respond to the growing demand for

Talawakelle Tea Estates achieves International Organic Certification for Great Western and Logie Teas

Talawakelle Tea Estates PLC has secured internationally recognised organic certification.

Uber introduces hybrid subscriptions for Moto and Tuk drivers

Ridesharing platform Uber has announced the launch of Hybrid Subscriptions for Moto and Tuk drivers in the country. This includes a new ‘earn first, pay later’ model that gives drivers greater flexibility by allowing them to start earning on the platform without upfront payments.

Build SL Housing & Construction Exhibition opens on 22 May

The 21st Build SL Housing & Construction International Exhibition which has now become the premier exhibition of the construction industry in Sri Lanka, will be held from May 22nd to 24th, 2026, at the Sirimavo Bandaranaike Memorial Exhibition Centre of the BMICH.

E.B. Creasy partners with Kotagala Plantations to deliver 1 MW rooftop solar power system

E.B. Creasy Solar, the renewable energy arm of E.B. Creasy & Co., PLC, has partnered with Kotagala Plantations PLC to install a 1 MW rooftop solar power system, reaffirming its commitment to supporting Sri Lanka’s transition towards sustainable energy solutions.

CameraLK and Sony unveil Alpha a7R VI

CameraLK unveiled the highly anticipated Sony Alpha a7R VI and FE 100-400mm F4.5 GM OSS lens at a regional launch event held in Sri Lanka.

INSEE Lanka powers ‘Build Sri Lanka Exhibition 2026’ as Corporate Sponsor

INSEE Lanka takes center stage as the Corporate Sponsor of the Build Sri Lanka Housing & Construction Exhibition 2026, organised by the Chamber of Construction Industry of Sri Lanka (CCI).

Classic Travel wins Gold at Malaysia Airlines Trade Elevation Summit

Classic Travel has once again secured top honours at the Malaysia Airlines Trade Elevation Summit 2026, winning the Golden WAU Award and continuing its consecutive run of recognition at the global industry event.

Home Lands breaks ground on Serene Heights Resort Apartments, Thalawathugoda

Home Lands officially marked the groundbreaking of its newest residential development, Serene Heights Resort Apartments, Thalawathugoda, on 7th May 2026, introducing a unique concept of Zen-inspired resort living to one of Greater Colombo’s most sought-after residential locations.

JAECOO J7 PHEV achieves Five-Star ratings

Hayleys Mobility continues to lead Sri Lanka’s automotive sector by combining innovation, luxury, and uncompromised safety.

DFCC Bank recognised among SL’s top employers for CIMA members

DFCC Bank PLC has been ranked 3rd among Sri Lanka’s top employers for CIMA members in 2026, a recognition awarded by AICPA & CIMA.

CG Corp Global Chairman visits Union Bank’s newest Digital Zone

Dr. Binod Chaudhary, Chairman of CG Corp Global and Nepal recently made an official visit to Union Bank’s newly established premier Digital Zone located at the VFS Global Centre in Colombo.

Dr. Saman Mahawatta appointed as CEO to Prime Group’s two ventures

Strengthening leadership capacity for two of Prime Group’s most strategic ventures, Dr. Saman Mahawatta has been appointed as Director/Chief Executive Officer of Prime Constructions (Pvt) Ltd (PCL). In addition, he will be seconded as Chief Executive Officer of Prime – Melwa Port City (Pvt) Ltd.

David Pieris Automobiles and People’s Leasing collaborate to strengthen BAIC and GWM vehicle sales

David Pieris Automobiles (Private) Limited and People’s Leasing & Finance PLC recently formalised a strategic partnership through the signing of a Memorandum of Understanding (MOU), marking a significant milestone in strengthening collaboration between two of Sri Lanka’s most respected and trusted organisations

SEC and Kelaniya University renew partnership to strengthen capital market education

The Securities and Exchange Commission of Sri Lanka (SEC) renewed its Memorandum of Understanding (MOU) with the University of Kelaniya on 13 May 2026 with the objective of further strengthening collaboration in the areas of capital market education, industry exposure, and undergraduate development.

Ambeon Group reports Rs. 3.2bn PAT for FY2025/26

Ambeon Capital PLC (AMC), the principal investment holding entity of the Ambeon Group, announced financial performance for the year ended 31 March 2026 (FY2025/26), delivering a consolidated Profit After Tax (PAT) of Rs. 3,242 million. This represents an exceptional year-on-year growth of 104 percent, marking one of the strongest and most transformative years in the Group’s history.

Persistent selling pushes curve higher

The market remained under selling pressure yesterday, resulting in higher yields across the curve, while trading activity stayed subdued throughout the session.

Indices continue to close in red

Indices closed in red as a result of price losses in counters such as Melstacorp, Sampath Bank and John Keells Holdings with the turnover crossing Rs. 3.8 Bn. High net worth and institutional investor participation was noted in John Keells Holdings, Hayleys and Access Engineering. Mixed interest was observed in Softlogic Capital, Hatton National Bank nonvoting and Sampath Bank whilst retail interest was noted in Citrus Leisure, Co-Operative Insur

CFA Society Sri Lanka marks silver jubilee on CSE trading floor

CFA Society Sri Lanka (CFASSL) commemorated its 25th anniversary by ringing the market opening bell and issuing a commemorative cover and stamp on the Colombo Stock Exchange (CSE) trading floor earlier this week, marking 25 years of contribution to the development of Sri Lanka’s investment profession and financial services industry.

Hellmann-MAS venture builds fashion logistics hub in Sri Lanka

Hellmann Worldwide Logistics and MAS Holdings are expanding their logistics footprint in Sri Lanka by developing a new fashion-focused contract logistics hub near the country’s main international airport, as both firms position themselves to capture the growing demand for integrated apparel supply chain solutions.

Local pharma manufacturers seek price revisions as Middle East conflict drives up costs

Sri Lanka’s pharmaceutical manufacturers have warned the government that the surging global input costs, supply chain disruptions and the sharp depreciation of the rupee are threatening the commercial sustainability of the local medicine production, raising concerns over the uninterrupted supply of essential drugs.

Taxpayers face tighter compliance regime after passage of Inland Revenue Bill

Sri Lanka’s taxpayers are facing a far tougher compliance regime after Parliament on Tuesday (19) passed the Inland Revenue Bill, with the committee stage amendments, cementing sweeping new powers that could criminalise the key tax administration failures and intensify the recovery action against the defaulters.

JAAF defends rupee slide; says weaker currency boosts export competitiveness

Sri Lanka’s apparel industry sought to calm the concerns over the recent weakening of the rupee, arguing that the currency movement reflected broader global pressures rather than signs of domestic economic weakness, while also potentially improving the country’s export competitiveness.

PM reminds tourism sector not to ignore domestic market amid global shocks

Prime Minister Dr. Harini Amarasuriya called on the tourism industry not to overlook the domestic market as a vital buffer against ongoing global shocks, urging stakeholders to prioritise high-quality, sustainable experiences over sheer visitor volume.