Buying interest emerges at week’s open

The secondary market reflected a broadly mixed sentiment, though buying interest ultimately outweighed selling pressure.

CCI elects new President

Manilal Fernando was appointed a new President of Chamber of Construction Industry of Sri Lanka, at the 21st AGM held at Kingsbury Hotel recently.

Ceylinco Life opens purpose-built branch in Nittambuwa

Ceylinco Life has become the first insurance company to open a purpose-built branch on company-owned land in Nittambuwa, reflecting the company’s long-term strategy of investing in high-quality, eco-friendly infrastructure to enhance customer experience and service standards.

NDB Bank hosts quarterly Analyst Earnings Call on 2025 financial results

National Development Bank PLC (NDB) hosted its quarterly Analyst Earnings Call recently to discuss the Bank’s financial performance for the nine months ended 30 September 2025. This follows the release of the Bank’snine months’financial results to the Colombo Stock Exchange, where NDB reported a post-tax profit of Rs. 7.5 billion, marking a remarkable 65 percent year-on-year growth and the highest ever achieved on a normalized standalone basis.

Pan Asia Bank reinforces sustainability commitment through strategic alliance

Pan Asia Banking Corporation PLC has entered into a strategic partnership with Prime EV Automobiles, the authorized representative of the Deepal electric vehicle brand in Sri Lanka. This collaboration was formalized through the signing of a Memorandum of Understanding (MoU) aimed at promoting eco-friendly leasing solutions, such as Pan Asia Bank’s EV Plus, and accelerating the adoption of electric vehicles across the country. This initiative unde

SLT-Mobitel becomes first in Sri Lanka to achieve fastest 5G speeds

SLT-Mobitel Mobile has set a new benchmark in Sri Lanka’s digital journey achieving the highest-ever 5G speeds in the country, exceeding 10Gbps recently, on its advanced 5G Standalone (SA) ready network, under TRCSL 5G trial approval.

David Pieris Logistics acquires Logicare in Rs.1.3bn deal from Ceylon Tea Brokers

D P Logistics (Private) Limited (DPL), a member of David Pieris Group of Companies, has entered into a share sale and purchase agreement for the acquisition of Logicare (Pvt.) Ltd from Ceylon Tea Brokers PLC, for an enterprise value of Rs.1.3 billion.

Sri Lanka launches GEW 2025 with national unity and entrepreneurial spirit

Sri Lanka officially launched Global Entrepreneurship Week (GEW) 2025 under the inspiring theme ‘Together We Build,’ commencing a nationwide celebration of innovation, inclusion, and economic empowerment.

JAT Holdings sustains growth momentum with 14% revenue and 16% PBT increases

JAT Holdings PLC, Sri Lanka’s leader in wood coatings and a diversified conglomerate in the manufacturing sector, continued its strong performance into the second quarter of FY 2025/26

Teejay group maintains stability amid global headwinds in 1H 2025/26

The Teejay group, one of South Asia’s leading multinational textile manufacturers, announced its financial results for the first half of the 2025/26 financial year, recording a steady position.

Amãna Bank records stellar performance in 3Q 2025

Amãna Bank continued its strong profitability momentum by nearly doubling its profits in 3Q to reach a YTD PBT of Rs.2.7 billion (39 percent YoY) and PAT of Rs.1.6 billion (44 percent YoY), setting a new record by achieving the bank’s 2024 full-year PBT in nine months.

Sysco LABS wins Gold at SLIM Brand Excellence Awards 2025

Sysco LABS, the global innovation centre for Sysco Corporation, the world’s largest foodservice company, was honoured with the Gold award in the Export Brand of the Year Category at SLIM Brand Excellence Awards 2025. This marks Sysco LABS’ first-ever submission to the prestigious awards, making it a remarkable achievement as the only company from Sri Lanka’s IT industry recognised among leading names in the country’s marketing landscape.

Rainco unveils ‘Be by Rainco’ new brand of umbrellas

Rainco has unveiled ‘Be by Rainco’, an exciting and distinctive new brand of umbrellas. This launch signals a strategic move to reposition the everyday umbrella from a purely functional item into a statement of personal style and a fashion accessory.

Great HR Awards to be held on Nov.25

The e CIPM Great HR Awards 2025, in collaboration with Mercer, is set to honour organizations that redefine the standards of excellence in people management and workplace culture.

HNB Assurance partners Dialog Finance to drive digital payment transformation

HNB Assurance PLC has entered into a strategic partnership with Dialog Finance PLC to further enhance its digital payment infrastructure and accelerate its journey towards achieving 100 percent digital premium collection. This collaboration marks a significant milestone in HNB Assurance’s digital transformation journey, reflecting the company’s continuous commitment to improving customer convenience, operational efficiencyand financial inclusivit

World Vegan Day 2025 SLYCAN Trust celebrates Sri Lanka’s plant-based culinary heritage

In celebration of World Vegan Day 2025, SLYCAN Trust, in collaboration with Meatless Monday Sri Lanka, recently hosted a reception titled ‘Plant-Based Gastronomy: Culinary Heritage & Tourism in Sri Lanka.’

JF Packaging shares to commence trading as ‘JFP-N-0000’ on CSE

Following the successful conclusion of its heavily oversubscribed initial public offering (IPO), JF Packaging Limited announced that its shares would begin trading on the Main Board of the Colombo Stock Exchange (CSE) under the symbol ‘JFP-N-0000’.

Treasury cash returns halve as SOE levies plummet; eyes set on Rs. 98bn recovery in 2026

Despite State-Owned Enterprises (SOEs) reporting a combined profit on paper, the actual cash return to the government coffers has nearly halved in 2025, signalling a tightening fiscal squeeze driven by the collapse of profitability in the energy and aviation sectors.

Independent advisor tells AMF shareholders to reject LB Finance offer; acceptance period extended

HNB Investment Bank, acting as the Independent Advisor, has recommended that minority shareholders of Associated Motor Finance Company PLC (AMF) reject the mandatory offer extended by LB Finance PLC.

Vehicle registrations slow in October as pent-up demand wanes

The total number of vehicles registered with the Department of Motor Traffic in October showed a slight decline to 47,685 from 48,708 units in September, a sign that the initial pent-up demand appears to be fading towards the year-end.

SLT Group posts strong 3Q as profitability doubles on lower finance costs

Sri Lanka Telecom (SLT) Group reported a solid performance for the third quarter ending September 2025, with net earnings doubling on the back of improved operational metrics and a sharp reduction in finance expenses.

Aitken Spence logs firmer 2Q performance

Aitken Spence PLC reported stronger second-quarter results for FY2025/26, with net revenue rising 5.5 percent to Rs. 20.95 billion from Rs. 19.85 billion a year earlier.

NTB reports solid September on higher loan growth and provision reversals

Nations Trust Bank PLC (NTB) reported a solid financial performance for the three months ended September, driven by robust growth in loans, fee income, and provision reversals.

Tourism earnings sticky despite rising arrivals

In what appears to be a paradox in tourism statistics, earnings from the trade have shown little movement despite monthly growth in arrivals.

Singapore-led consortium to build new office tower in Port City Colombo

A consortium led by Singapore-based Canary Wharf Holdings Pte Ltd is to develop a new office tower in Port City Colombo, adding to the pipeline of commercial real estate projects planned for the reclaimed business district.

99x launches ‘Agentri AI’ enterprise-grade, agentic orchestration platform

99x unveiled in Colombo recently ‘Agentri AI’ - the company’s latest innovation.

CA Sri Lanka seminar analyses 2026 budget and calls for collective stewardship

The much-anticipated Budget Seminar 2026, organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), brought together leading voices in finance, policy, and taxation for a comprehensive analysis of the government’s fiscal plan.

BOC partners with World Marketing Forum 2025 as Official Banking Partner

The Bank of Ceylon served as the Official Banking Partner for the World Marketing Forum 2025, organized by the Sri Lanka Institute of Marketing (SLIM).

David Pieris Group & HelaGo partner for new era in fair ride-hailing

The David Pieris Group has announced a strategic partnership with HelaGo, the revolutionary ride-hailing platform introduced by the Helakuru Superapp, to jointly advance a fair, transparent and locally empowered mobility ecosystem in Sri Lanka.

Delay at Colombo Port terminal triggers Rs 4.2 bn contractor claim: COPE

Sri Lanka’s parliament oversight committee has raised concerns over prolonged delays in the East Container Terminal (ECT) expansion at the Colombo Port, where the contractor has sought Rs. 4.23 billion in compensation after the project fell behind schedule by 548 days.