Indo-Lanka Chamber of Commerce and Industry hosts AGM

The 17th Annual General Meeting (AGM) of the Indo-Lanka Chamber of Commerce and Industry (ILCCI), affiliated to The Ceylon Chamber of Commerce, was held recently at Taj Samudra, Colombo.

Sampath Bank featured as a case study in Kotler’s Essentials of Modern Marketing – Sri Lankan Edition

The first-ever Sri Lanka edition of Essentials of Modern Marketing by Prof. Philip Kotler, developed in cooperation with Kotler Impact Inc.

CA Sri Lanka submits comprehensive National Budget 2026 proposals

In a significant move underscoring its commitment to national fiscal stability and economic growth, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) formally presented its strategic proposals for the forthcoming National Budget 2026 to the government.

AmCham SL appoints Sandun Hapugoda as President

The American Chamber of Commerce in Sri Lanka (AmCham SL) successfully held its 33rd Annual General Meeting (AGM) at ITC Ratnadeepa recently, in the presence of its members, special invitees and media representatives.

VAT uncertainty looms over tea industry

The uncertainty regarding the consequences of Value Added Tax (VAT) payments in the tea industry with the abolition of SVAT (suspended VAT) from October 1, 2025 and possible cash flow issues, drop in tea prices have sent concerns through the entire supply chain of the local tea industry.

Hilton Colombo completes guest room renovation project

Hotel Developers Lanka Limited announced the successful completion of its extensive guest room renovation at Hilton Colombo, marking a significant milestone in the hotel’s transformation journey.

ICC-HNB sign strategic partnership

International Construction Consortium (Pvt.) Ltd (ICC) has signed a strategic partnership with HNB to promote homeownership and provide greater access to ICC’s property portfolio.

NDB Bank hosts Kandy Exporter Forum

NDB Bank reaffirmed its steadfast commitment to empowering Sri Lankan exporters by hosting another successful Exporter Forum in Kandy.

FAAMA holds AGM, raises concerns over market turbulence as SVAT removal effects

Fabric and Apparel Accessory Manufacturers Association (FAAMA) held its Annual General Meeting (AGM) recently, with Husni Salieh of Noyon Lanka appointed as the new Chairman.

Bhutan’s Queen Mother commends MTI’s strategy consulting contribution

MTI Consulting, led by its CEO Hilmy Cader, met with Queen Mother of Bhutan Dorji Wangmo Wangchuck, Founding President of the Tarayana Foundation, for whom MTI had the privilege of developing a strategic plan.

SVAT reversal threatens export competitiveness, SLFFA warns

The Sri Lanka Logistics and Freight Forwarders Association (SLFFA) has joined the calls for urgent government action after the removal of the Simplified Value Added Tax (SVAT) scheme, warning the move could squeeze cash flows and undermine the country’s export sector.

Ceylon Chamber urges investor-friendly reforms in draft PPP Bill

The Ceylon Chamber of Commerce (CCC) yesterday urged the government to strengthen the draft Public-Private Partnership (PPP) Bill to make it more investor-friendly, while welcoming the government’s effort to establish a framework for private sector participation in infrastructure and services.

Sri Lanka opens AI gates with free Google Gemini for students

Sri Lankan students will soon gain free access to Google’s Gemini Advanced research tools and a suite of digital resources, following months of collaboration between the government and tech giant, the Digital Economy Ministry announced yesterday.

New Sri Lanka-China ‘Trusted Trader’ programme aims to certify 200 local firms by mid-2026

The Sri Lanka China Business Cooperation Council (SLCBCC) has launched a new ‘Trusted Trader’ certification, projecting that 150 to 200 Sri Lankan companies will be certified by mid-2026

Week begins with gains

The ASPI closed in green as a result of price gains in counters such as Carson Cumberbatch, Melstacorp and John Keells Holdings with the turnover crossing Rs. 4.2 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Commercial Bank, Renuka Foods and Prime Lands Residencies. Mixed interest was observed in LB Finance, Associated Motor Finance Company and Watawala Plantations whi

Dull market sentiment leads to quiet week start

Following last week’s mixed sentiment, the secondary market yield curve experienced low activity and volumes, with market sentiment turning subdued at the start of the week.

Ericsson veteran Mats Hultin takes board seat at Rootcode, signals new era of growth

In a significant move for Sri Lanka’s technology sector, Mats Hultin, the former CIO of global telecommunications giant Ericsson, has joined the Board of Directors of Rootcode, one of the nation’s most promising advanced technology firms. This strategic partnership signals a new phase of ambitious global expansion for the company. With a distinguished career spanning over three decades at the pinnacle of the tech industry, Hultin brings a wealth

‘Purple Service’ by Healthguard redefining SL’s pharmacy experience

At first glance, a pharmacy visit might seem routine: a quick stop to pick up a prescription, a box of vitamins, or some advice on managing a nagging cough.

SLEIS 2025 to explore the new age of diversified exports

The Sri Lanka Economic & Investment Summit 2025, themed “Gateway to Growth: Asia’s Emerging Opportunity”, is to be held on December2–3 at the Shangri-La Colombo.

CSE Masterminds Quiz offers over Rs. 3.5 mn in prizes for 7th Edition

The Colombo Stock Exchange (CSE) announced the seventh edition of the CSE Masterminds Quiz on 17th October from 3.00 p.m. onwards at the Shangri-La Colombo.

National ICT Awards ‘NBQSA 2025’ to be held on October 10

The National ICT Awards (NBQSA) 2025, is set to take place at the Taj Samudra Hotel, Colombo on October 10. Organized by BCS, The Chartered Institute for IT – Sri Lanka Section and the National ICT Awards Trust, the annual ceremony continues its tradition of honouring innovation, creativity, and technological leadership across the nation.

Carmart unveils ‘Leapmotor C10’ to combat EV range anxiety

One of the greatest concerns consumers have about choosing an electric vehicle is range anxiety from running out of charge, especially in a deserted area. Carmart provided a solution to this with the Leapmotor C10 REEV (Range Extender EV) – an electric SUV that doesn’t need to be plugged in and charged.

CEAT Kelani scores double win at World HRD Congress Sri Lanka awards

CEAT Kelani Holdings has been recognised as Sri Lanka’s Employer Brand of the Year 2025, while its Vice President – Human Resources, Thushara Hettithantrige, was honoured as a ‘Topmost HR Leader of Sri Lanka’ at the 2025 World HRD Congress Sri Lanka awards presentation held in Colombo recently.

Ceylinco Life team participates in leadership training in Malaysia

An eight-member team from Ceylinco Life recently attended a five-day training programme in Kuala Lumpur, Malaysia, on the theme ‘Lead Forward’.

Gayani de Alwis at helm of WCIC for 2nd year

The Women’s Chamber of Industry and Commerce (WCIC) conducted its 40th Annual General Meeting (AGM) recently, with Gayani De Alwis commencing her second term as Chairperson for the period 2025/2026, as per the constitution of the WCIC.

Central Bank releases Sri Lanka Socio-Economic Data - 2025 publication

Sri Lanka Socio-Economic Data – 2025, the annually published data folder of the Central Bank, is now available for public information.

Hemas Consumer Brands shines at SLIM Digis 2.5

Hemas Consumer Brands (HCB) reaffirmed its leadership in Sri Lanka’s Personal Care and FMCG sectors by emerging as one of the most awarded organisations at the recently-concluded SLIM Digis 2.5 Awards.

Police, Customs and Revenue Depts. top corruption lists

In a candid and data-driven address, the head of Sri Lanka’s anti-corruption watchdog has revealed that the public institutions are perceived as the most corrupt by citizens, while simultaneously identifying a separate list of state bodies whose corrupt activities inflict the most severe damage on the national economy.

CB to tighten oversight on crypto service providers amid money laundering concerns

In a move to crack down on potential money laundering, the Central Bank of Sri Lanka announced it will soon mandate that all cryptocurrency (crypto) and virtual asset service providers register with the government to continue their operations.

Public sector wages now ‘fair’, no longer an excuse for corruption, says Anti-Graft Chief

The long-held excuse that low public sector salaries contribute to a culture of corruption is no longer valid, according to the head of Sri Lanka’s anti-corruption commission.