Softlogic Information Technologies-BMC Helix deliver value-driven digital transformation

Softlogic Information Technologies (Pvt.) Ltd announced a partnership as an authorised distributor and managed services partner with BMC Helix, Inc., a global leader in software solutions that helps the world’s most forward-thinking IT organizations turn AI into action.

Alumex enhances value proposition

Alumex PLC has taken a decisive step to make its aluminium product range more economically viable and accessible.

NDB Bank’s SME Re-Energizer loan to drive business growth

NDB Bank’s SME Re-Energizer loan is designed to fuel the growth ambitions of Sri Lanka’s micro, small and medium enterprises (MSMEs) and start-ups.

Prime Lands Residencies appoints Prof. Ananda Jayawardane to board

Prime Lands Residencies PLC (PLR) announced the appointment of Prof. Ananda Jayawardane as an Independent Non‑Executive Director to the board, effective September 4, 2025.

ComBank with Gnext Store offers 18-month interest-free loans for Apple devices

Tech dreams have become a lot easier to afford thanks to a new partnership between Gnext Store, an Apple Authorised Reseller and Commercial Bank of Ceylon, initiated by the bank to make it affordable for the customers to own the latest Apple devices.

Falling beedi revenue due to lack of cohesive strategy

Despite being the fastest growing combustible tobacco product in Sri Lanka, the Excise Department laments a significant revenue drop from beedis this year.

The under rated “P”

Anyone attempting to embark on building a Brand is told to take into account the traditional framework which has been tested, proven.

Malaysian Flavours: A Thursday Night Journey at Cinnamon Lakeside Colombo

Cinnamon Lakeside Colombo is happy to unveil a weekly Malaysian Theme Night at The Dining Room, every Thursday throughout the month of September from 7 p.m. onwards, inviting guests to explore Malaysia’s culinary heritage through live stations, signature specialties, and classic sweets, presented with the warm hospitality and lakefront ambience the restaurant is known for.

Sri Lanka’s VAT reforms pushed 2.2% more into poverty - World Bank

Sri Lanka’s aggressive Value-Added Tax (VAT) reforms in 2024, a key component of its post-crisis fiscal stabilisation, single-handedly contributed to a 2.2 percentage point increase in the nation’s poverty rate, a stark new report from the World Bank reveals.

Industrial activity gains momentum, but remains below pre-crisis highs

Sri Lanka’s industrial production is gaining further strength, with strong domestic and foreign demand, easing costs, and lower interest rates helping the sector expand continuously and approach its previous highs.

Unregistered foreign-owned businesses crippling Kalpitiya’s tourism, warns industry pioneer

Unregistered and often foreign-owned tourism ventures in the kite-surfing hotspot of Kalpitiya are creating an unsustainable and unfair market, severely impacting legitimate businesses that comply with local regulations.

August tourism earnings fall to US$ 259mn despite higher arrivals

Sri Lanka’s tourism earnings fell to US$ 258.9 million this August, an 8.2 percent decrease compared to the same month last year. This decline occurred despite a significant 20.4 percent year-on-year increase in tourist arrivals.

Arrivals cross 50,000-mark in first 10-days of September

Sri Lanka’s tourism sector has started September on a high note, welcoming over 52,000 tourists in the first ten days of the month, a significant 27.2 percent increase compared to the same period in 2024.

Prime Lands secures prime real estate in Bambalapitiya

Prime Lands Residencies PLC has made a significant addition to its portfolio with the acquisition of a prime plot of land in the coveted Bambalapitiya area for a staggering Rs. 3.5 billion.

Maharaja Foods partners with SPAR to launch four new retail outlets

Maharaja Foods PLC has announced a strategic partnership with SPAR Sri Lanka Pvt Ltd to establish four new retail outlets in the Colombo region.

Equity (shares): What it means to own a piece of a company

To a beginner, the stock market can seem confusing with all its advanced jargon, news and endless data. However, at its heart, it is based on a simple, fascinating idea: when you buy a share, you own a part of a company.

Tokyo Cement-Peradeniya University conclude Industry-Uni Collaboration Day 2025

The Civil Engineering Department of the University of Peradeniya, in partnership with the Tokyo Cement Group, concluded its flagship event Industry-University Collaboration Day 2025, with remarkable success, fostering dynamic engagement between academia and industry stakeholders.

SANASA Life Insurance launches biggest consumer promotion

SANASA Life Insurance has accomplished yet another milestone along with the launch of ‘Heenalanthaya’, the largest consumer promotion in the organisation’s history.

Sampath Bank-Sathosa Motors deliver lower interest rates, special discounts

Sampath Bank PLC and Sathosa Motors PLC have partnered to offer exclusive benefits to vehicle buyers.

LOLC Securities bags Silver at BestWeb.LK 2025

LOLC Securities has been honored with the Silver award in the Best Finance and Insurance Website Category at the BestWeb.LK 2025 Awards, organised by the LK Domain Registry.

CBL Foods-Roar AdX-Ogilvy unveil impact of Meta advertising through brand lift study

CBL Foods, in partnership with Roar AdX and Ogilvy Digital, recently presented the findings of a brand lift study conducted on the launch campaign for Roccoa, its newest product innovation.

SpeedBay brings Sodikart karts to Sri Lanka

Speed Bay, part of David Pieris Group of Companies, marked the arrival of the world-class Sodikart brand in Sri Lanka for the very first time, with an exclusive launch at Waters Edge recently.

Standard Chartered Sri Lanka hosts PD Singh, CEO for India & South Asia

Standard Chartered Sri Lanka will host the Chief Executive Officer for India and South Asia, PD Singh, from the 15th to the 18th of September, in Colombo along with a delegation.

FTZMA seeks faster approvals, stable BOI rules in budget plan

The Free Trade Zone Manufacturers’ Association (FTZMA) has submitted a set of proposals for the 2026 national budget, calling for a sweeping package of tax, trade and export reforms designed to strengthen competitiveness in what it described as a “tariff-heavy world”.

Brantel Lanka tops 10% stake in Resus Energy following share purchases

Brantel Lanka (Pvt.) Ltd has increased its stake in Resus Energy PLC, surpassing the 10 percent ownership threshold, a disclosure to the Colombo Stock Exchange showed.

Central Bank of Sri Lanka releases key findings of Systemic Risk Survey

The Central Bank of Sri Lanka (CBSL) has released key findings of the Systemic Risk Survey (SRS) conducted for the second half of 2025.

Tea auction records select gains but quality remains flat

The overall auction offerings were barely maintained and totalled 5.18 million kilogrammes (M/Kgs).

SriLankan Airlines and Axis Bank India forge strategic partnership

SriLankan Airlines has partnered with Axis Bank, one of the largest private sector banks in India, to offer exclusive airfare deals and other benefits to the bank’s 15 million-strong customer base.

Crossings boost turnover

The ASPI closed in red as a result of price losses in counters such as Commercial Bank, Melstacorp and Browns Investments with the turnover crossing Rs. 5.8 Bn.

Secondary market ends week on quiet note

Following the conclusion of the T-bond auction on Thursday, activity in the secondary market remained subdued yesterday as the week drew to a close.