Strong consumer drives Ceylon Cold Stores September performance

Ceylon Cold Stores PLC (CCS), the company behind Keells supermarkets and Elephant House brand line of products, reported a solid top-line performance for the three months ended in September.

Evolution Auto opens SL’s first-ever multi-brand EV after-sales complex

Evolution Auto successfully launched Sri Lanka’s first-ever multi brand electric vehicle (EV) after-sales complex in Peliyagoda, adjoining the iconic Porsche showroom.

SLT-Mobitel unveils Apple’s 5G-ready iPhone 17 series

SLT-Mobitel announced the launch of the highly anticipated Apple iPhone 17 series in Sri Lanka, bringing Apple’s latest breakthrough technology to local consumers, powered by its state-of-the-art 5G-ready network.

Abans debuts all-new iPhone 17 series

Apple recently debuted the all-new iPhone 17 series along with the iPhone Air, the thinnest iPhone ever made, with pro performance.

CA Sri Lanka introduces comprehensive SLFRS S1 and S2 framework

In a landmark move that positions Sri Lanka as a global frontrunner in sustainable reporting practices, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has launched the Preparers’ Guide to SLFRS S1 and S2 and a comprehensive three-tier course on sustainability reporting, focusing on SLFRs S1 and S2.

Siyapatha Finance opens branch in Mannar

Siyapatha Finance PLC recently opened its 58th branch in Mannar.

NDB Bank excels at National Sales Awards 2025

National Development Bank PLC (NDB) once again proved its excellence in sales performance and service leadership, earning top honours in the Banking category at the National Sales Awards 2025, organised by the Sri Lanka Institute of Marketing (SLIM).

Seylan Bank expands accessibility with new ATM at Dalada Maligawa

Seylan Bank announced the opening of its latest ATM at the Dalada Maligawa premises in Kandy.

SolarIT Solutions acquires Sri Lanka’s Tetris.lk

SolarIT Solutions, a Canada-based IT consulting and tech services firm, has completed its acquisition of Tetris Private Limited, a Sri Lankan digital experience agency.

Union Assurance shines with multiple wins at SLIM NSA 2025

Union Assurance announced its outstanding performance at the SLIM National Sales Awards 2025, securing five prominent awards across both the Agency and Partnership Distribution channels.

One Galle Face marks 6th anniversary with world-class shopping and entertainment experiences

One Galle Face, the leading shopping complex in Sri Lanka, is continuing to deliver unparalleled family, shopping, dining and entertainment experiences as it celebrates its 6th anniversary in November.

ACCA Sri Lanka presents budget proposals to Finance Ministry

The Association of Chartered Certified Accountants (ACCA) Sri Lanka recently presented its comprehensive set of proposals for the 2026 National Budget to Dr. Harshana Suriyapperuma - Secretary to the Ministry of Finance.

EFutures wins Gold at each leading tech awards event in 2025

EFutures has capped off a landmark year of achievement, winning Gold awards at three of the nation’s most important technology awards — the National ICT Awards (NBQSA) 2025, the SLASSCOM National Ingenuity Awards 2025, and BestWeb.lk 2025.

SLASSCOM’s IT & BPM Exploration Day inspires Northern Region

The Sri Lanka Association for Software and Services Companies (SLASSCOM) successfully hosted the IT & BPM Exploration Day – Northern Region recently at the University of Vavuniya – Faculty of Technology, marking another milestone in its ongoing efforts to expand technology education and career awareness across the country.

SL women-led tech entrepreneurs attend GITEX Global 2025 in Dubai

A delegation of Sri Lankan women-led tech entrepreneurs participated in GITEX Global & Expand Northstar 2025, one of the world’s most prominent technology and investment platforms, held in Dubai from October 12-17. Organized by the Sri Lanka Export Development Board (EDB) in collaboration with the Consulate General of Sri Lanka in Dubai, the Technical Exposure Programme brought together four women-led SMEs, two large-scale technology companies, a

Pussalla crowned Gold at CNCI awards 2025

In a resounding affirmation of Sri Lankan industrial excellence, Pussalla Meat Producers (Pvt) Ltd has been honoured with the National Gold Award in the Extra-Large Manufacturing Category and recognized among the Top Ten Extra-Large Companies at the CNCI Achiever Awards 2025, organized by the Ceylon National Chamber of Industries (CNCI).

Retaining Talent: The missing link in tourism’s recovery

Sri Lanka’s hotel and tourism sector, a vital foreign exchange earner, faces a mounting labour shortage. A new study by the National Human Resource Development Council (NHRDC) warns that unless urgent measures are taken to address skills gaps, worker migration, and gender disparities, the sector’s growth prospects could be undermined.

JAT Holdings buys New Zealand’s Mirotone to strengthen global coatings portfolio

JAT Holdings PLC yesterday announced it has acquired Mirotone (NZ) Limited, the market leader in industrial wood coatings in New Zealand and a globally respected brand established in 1935.

Browns Plantations scales up Orthodox tea output to 25 MnKg in East Africa

Browns Plantations, the world’s largest tea grower, is stepping up its Orthodox tea production in East Africa as part of a wider plan to strengthen its premium specialty tea portfolio and deepen its sustainable footprint in global markets.

New collateral system to expand lending opportunities for local SMEs

The small and medium enterprises (SMEs) in the island nation are set to gain improved access to finance with the launch of the Secured Transactions Registry (STR), a new system that allows businesses to use movable assets such as machinery, equipment and inventory as collateral for loans.

Market opens November on a bearish footing

As trading opened for the new month, the secondary market appears to have shrugged off the lethargy that was evident across most of October.

November commences with gains

The ASPI closed in green as a result of price gains in counters such as Senkadagala Finance, Bukit Darah and John Keells Holdings with the turnover crossing Rs. 5.7 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Digital Mobility Solutions Lanka, Aitken Spence and Jetwing Symphony. Mixed interest was observed in Sierra Cables, Chevron Lubricants and John Keells Holdings w

Government revenue climbs by nearly 25% in 1H, driven by tax reforms and vehicle imports

The government’s fiscal position strengthened significantly in the first half of 2025, with total revenue excluding grants climbing by 24.8 percent to Rs. 2,321.7 billion from Rs. 1,860.6 billion in the same period last year.

Construction sector on a tear as speed of activity reaches four-year highs

Sri Lanka’s construction sector is seeing resurgent activity in nearly all types of projects, sending the sector’s performance to its highest levels in four years.

Vehicle import surge pushes September current account into deficit 

Sri Lanka’s external sector performance weakened in September 2025, with the country slipping into a monthly current account deficit after maintaining surpluses for eight straight months.

Sri Lanka’s AI adoption trails globe and region despite hub ambitions - Microsoft report

Sri Lanka’s adoption of artificial intelligence lags significantly on the global stage, placing it among the nations with the lowest AI usage rates, a major news report has revealed.

Senthilverl Holdings offloads entire Amana Takaful stake in Rs. 1 bn deal

Senthilverl Holdings Ltd. has fully divested its stake in Amana Takaful PLC, marking a complete exit from the insurer with a sale valued at approximately Rs. 1 billion.

SriLankan Airlines’ operating loss widens to Rs. 5.2bn despite passenger boom

The national carrier, SriLankan Airlines (SLA), reported a widening operating loss of Rs. 5.2 billion from its core air transportation business in the first three months of the 2025/26 financial year, according to figures released in the Mid-Year Fiscal Position Report 2025.

Tea industry overview: January-September 2025

The Sri Lankan tea industry saw an increase in production and exports but recorded a drop in the national average price for the period from January to September 2025 compared to the same period in 2024.

GP Certified launches SL’s first plastic testing lab

GP Certified announced the launch of GP Labs, Sri Lanka’s first and only dedicated plastic testing facility, designed to bring scientific precision and international quality standards to the country’s growing plastic recycling and polymer manufacturing sectors.