Hilton Colombo hosts Oktoberfest for 32nd consecutive year

Hilton Colombo is once again raising the steins as it hosts Oktoberfest for the 32nd consecutive year, inviting guests to gather in the spirit of Bavarian tradition.

Weligama Bay Marriott Resort & Spa redefines beachfront weddings

Weligama Bay Marriott Resort & Spa is redefining destination weddings in Sri Lanka’s South Coast, further strengthening its position as one of the country’s leading venues for couples seeking an unforgettable celebration by the ocean.

Power World Gyms wins double at SLIM DIGIS 2.5 Awards 2025

Power World Gyms was recently recognized for its outstanding marketing campaign “Every 7 KM, Never Too Far from Being Fit.”

Link Natural celebrates ‘World Ayurveda Day’

World Ayurveda Day is celebrated each year to honour Ayurveda, the world’s oldest holistic healing science.

EU, UK drag Sri Lanka apparel exports lower in August

Sri Lanka’s apparel exports slipped in August from a year earlier, dragged by weaker demand from Europe and the UK, though the cumulative shipments for the year remained firmly higher, the industry data showed.

FACETS Sri Lanka 2026 to be most dynamic edition to date

Only three months remain until the grand opening of FACETS Sri Lanka 2026.

CB sets record straight on year-end reserve target

The Central Bank set the record straight this week on where they have to end up in the external reserves by the end of the year as reports circulating are carrying various numbers claiming what the Central Bank

SEC unveils 12-Pillar roadmap to transform Sri Lanka’s capital market

The Securities and Exchange Commission of Sri Lanka (SEC) this week launched a comprehensive strategic roadmap aimed at transforming the nation’s capital market into a resilient, innovative, and globally

Sri Lanka Banks Association presses for tax reset

Sri Lanka’s banking sector has pressed the government for sweeping reforms to the country’s tax regime, warning that the current system is choking competitiveness, deterring investment, and curbing the financial

Sampath Bank leads Rs. 33.5bn syndicated loan for CEB

Sampath Bank said it has successfully arranged a Rs. 33.5 billion syndicated loan for the Ceylon Electricity Board (CEB), alongside Nations Trust Bank and Pan Asia Bank, to support the state utility’s debt

Sanjaya Gunawardana begins tenure as Sampath Bank MD/CEO

Sampath Bank PLC announced that Sanjaya Gunawardana officially commenced his tenure as the 9th Managing Director/Chief Executive Officer of the Bank on 24th September 2025.

Lanka Business TV’s ‘Viyawasayakaya’ Ratnapura summit draws record participation

The highly acclaimed ‘Viyawasayakaya’ Business and Investment Summit, organised by Lanka Business TV, was successfully held recently at Grand Silver Ray Hotel, Ratnapura, with the participation of nearly

Pulsar N160 features unmatched technology

Bajaj Pulsar N160, marketed and distributed in Sri Lanka by David Pieris Motor Company (Pvt.) Ltd, has cemented its position as the technologically advanced sports motorcycle in the country.

Dinemore launches DinemoreGo

Dinemore (Pvt.) Ltd, Sri Lanka’s pioneering homegrown quick service restaurant (QSR) chain, announced the launch of its newest venture: DinemoreGo.

SL biz leaders join global CEOs, govts at UN PSF to mobilise capital for sustainable growth

Sri Lankan business leaders joined more than 50 global CEOs, government representatives and United Nations leaders at the 2025 UN Global Compact Private Sector Forum (PSF) in New York, convened on

Dialog AI Powers  Govi Mithuru- Sri Lanka’s First AI-Powered Agriculture Advisory Platform

Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, has unveiled a new suite of AI-powered features on its pioneering agriculture advisory platform, Govi Mithuru, further strengthening its role as the country’s

Sri Lanka to mark World Tourism Day 2025

Sri Lanka is set to celebrate World Tourism Day 2025 with one of the most ambitious and wide-ranging series of events the industry has seen in recent years.

StanChart appoints Praveen Karunaratne to Country Management Team

Standard Chartered Sri Lanka has appointed Head of Financial Institutions (FI) Praveen Karunaratne to the Country Management Team, effective September 15, 2025.

Atlas secures array of SLIM Digis 2.5 awards

Atlas secured an array of awards at SLIM Digis 2.5 for its outstanding contributions to advancing education through the integration of technology and creativity.

Waters Edge posts highest monthly profit

Waters Edge, a leading Sri Lankan hospitality property, reported record revenue and accelerated expansion, its Chairman Chathura Krishantha Perera, who took the helm in December 2024, said.

Nations Trust Bank to acquire HSBC’s retail banking business in Sri Lanka

Nations Trust Bank PLC (NTB) announced the signing of a binding sale and purchase agreement to acquire Hongkong and Shanghai Banking Corporation’s (HSBC) retail banking business in Sri Lanka.

Positive momentum continues

The ASPI closed in green as a result of price gains in counters such as Sampath Bank, Ceylon Tobacco Company and Central Finance Company with the turnover crossing Rs. 9.2bn.

Subdued trading keeps yield curve steady

The secondary market recorded subdued trading activity yesterday, as investor sentiment remained cautious, resulting in limited movement across the yield curve, which held largely steady throughout the

Exporters decry ‘huge gamble’ with economy

Sri Lanka’s top export bodies yesterday sounded the alarm over government’s decision to eliminate the Simplified Value Added Tax (SVAT) system on October 1, warning that the new risk-based refund

HSBC to exit retail banking in SL with Rs.18bn sale to Nations Trust Bank

The Hongkong and Shanghai Banking Corporation Limited Sri Lanka branch (HSBC Sri Lanka) has entered into a binding agreement to sell its retail banking business to Nations Trust Bank PLC (NTB) for Rs.18 billion, the two lenders announced yesterday.

Foreign employment insurance compensation increased to Rs.2mn

The insurance compensation paid to a worker employed abroad, in the event of death while on duty, has been increased to Rs.2 million, the Sri Lanka Bureau of Foreign Employment (SLBFE) announced.

Ceylon Tea exports inch up in August

Sri Lanka’s tea exports maintained steady ground in August, with volumes reaching 23.70 million kilogrammes, an improvement of 1.61 million kilogrammes from the same month last year, the official figures showed.

Secondary market activity picks up following policy announcement

The secondary market experienced a mixed sentiment whilst the overall activity picked up relative to the previous sessions, although the volumes remained moderate.

Indices up for the 7th straight session

The ASPI closed in green as a result of price gains in counters such as Ceylinco Holdings, LB Finance and Hayleys with the turnover crossing Rs. 5.5 Bn. A similar behaviour was witnessed in the S&P SL20. Crossings were witnessed in Vallibel One, Jetwing Symphony and Hayleys, accounting for 41.1% of the turnover. Mixed interest was observed in LB Finance, John Keells Holdings and Nations Trust Bank whilst retail interest was noted in Browns Invest

Hayleys Fibre commissions Rs. 600mn coir processing facility to boost exports and rural jobs

Hayleys Fibre, a member of the Hayleys Group, announced the commissioning of a Rs. 600 million coir processing facility in Kadigawa, Nikaweratiya, one of the largest recent investments in Sri Lanka’s coconut sector.