Barista clinches 3 Golds at National Business Excellence Awards

Barista Sri Lanka has secured three Gold Awards at the National Business Excellence Awards 2025, hosted by the National Chamber of Commerce of Sri Lanka; a resounding recognition of the company’s financial discipline, strategic clarity, and market leadership in a volatile economic landscape.

Sumathi Awards recognizes SOS Children’s Villages Sri Lanka’s Child Safeguarding Video

SOS Children’s Villages Sri Lanka recently earned the title of 1st Runner-Up for Best Digital Advertising Commercial at the 30th Sumathi Awards.

‘Know Your Neethi’ camp to empower communities in Badulla

The Support to Justice Sector (JURE) Project, funded by the European Union and jointly implemented by the United Nations Development Programme (UNDP) and UNICEF Sri Lanka, in collaboration with the Ministry of Justice, is set to launch the first in a series of Legal Aid & Awareness Camps under the banner ‘Know Your Neethi’.

Indo-Lanka Chamber urges Sri Lanka to fast-track India trade pact

Sri Lanka must urgently draw lessons from the recently concluded UK–India Free Trade Agreement (FTA) to revitalise its trade and investment ties with India, the Indo-Lanka Chamber of Commerce and Industry

New anti-dumping measures cleared to shield Sri Lankan producers

Sri Lanka’s parliamentary committees on trade and public finance have jointly approved new regulations aimed at protecting local industries from unfair trade practices and sudden imports, officials said on

Raigam rejects allegations of salt shortage and excessive profit-making

Raigam Salterns PLC yesterday strongly denying recent allegations that the company created a salt shortage in the local market and inflated prices to earn excessive profits. The company made this

Construction sector begins hiring again after years of hiatus  

The construction sector has begun to hire people after a prolonged period of either laying off or operating with limited staff due to economic crisis and also the lack of certainty over the continued availability of large

Pan Asia Bank reports solid performance for June as bank accelerates loan growth

Pan Asia Banking Corporation PLC reported some robust financial performance for the June quarter on the back of a faster growth in loans and lower provisions against possible bad loans.

ASPI gains 9% during July

The ASPI closed in green as a result of price gains in counters such as Hayleys, DFCC Bank and Browns Investments with the turnover crossing Rs. 5.6 bn.

Buying interest returns, long tenors see foreign demand

Yesterday, the secondary market broke from the lethargy that had persisted throughout the week. Market participants displayed buying interest, with the long end of the curve attracting foreign interest. The session

EDB at 46: A legacy of transformative progress

August 1, 2025 marks the 46th anniversary of the Sri Lanka Export Development Board (EDB), the country’s apex organisation for export promotion and development.

Anverally earns ISO/IEC 17025 int’l certification for in-house laboratory

Anverally and Sons (Pvt.) Ltd, one of Sri Lanka’s foremost exporters of Ceylon Tea, has strengthened its reputation for uncompromising quality and global trust by securing the ISO/IEC 17025 accreditation for its

Sarrah Sammoon, 1st Sri Lankan to receive Investment Migration Certification

Sarrah Sammoon, widely recognised as a pioneer of the global mobility industry in Sri Lanka, has once again made history by becoming the first Sri Lankan to receive the Certification in Investment Migration

Seylan Bank’s regional engagement and forums power SMEs

Seylan Bank recently strengthened its efforts to support the nation’s small and medium enterprises (SME) sector through a series of regional development forums and programmes.

Alumex achieves AEO Tier I certification

Alumex PLC, the country’s leading aluminium extrusion manufacturer and member of the Hayleys group, has earned the coveted Authorised Economic Operator (AEO) Tier I, conferred by Sri Lanka Customs,

PRISL Awards and expo to spotlight innovation in polymer industry

The Plastics and Rubber Institute of Sri Lanka (PRISL) will organise two major events this year to encourage innovation and sustainability as well as industrial excellence in the polymer industries within the

COYLE-JETRO to champion health and productivity in Sri Lanka

The Chamber of Lankan Entrepreneurs (COYLE) and Japan External Trade Organisation (JETRO) officially signed a memorandum of understanding (MoU), a significant step toward strengthening

HNB Assurance among SL’s Top 40 Best Workplaces

HNB Assurance PLC has been recognised by Great Place to Work Sri Lanka as one of the Top 40 Best Workplaces in the country and was also placed ninth among large-scale organisations.

SMI Group’s Prive now ready for occupation

SMI Group of Companies announced the successful completion and readiness for occupation of its latest premium residential development Prive, located at No. 121, Jawatta Road, Colombo 5.

AIA SL among Best Workplaces for 13th year

AIA Sri Lanka has once again demonstrated its commitment to excellence in workplace culture by being named among the Best Workplaces in Sri Lanka for 2025 by Great Place to Work.

BNI National Conference engages over 400+ local and int’l members

BNI Sri Lanka’s flagship event – BNI National Conference 2025, which was held recently at Cinnamon Grand, Colombo, concluded successfully with the active and enthusiastic participation of 250 members

Bank of Ceylon commemorates 86 years of banking leadership and national service

Bank of Ceylon (BOC), Sri Lanka’s premier state-owned commercial bank, proudly marks its 86th anniversary, marking a legacy that began on August 1, 1939 and has since evolved into an institution that

John Keells posts strong recovery as retail and logistics drive topline surge

Premier blue-chip John Keells Holdings PLC (JKH) posted a sharp earnings rebound in the first quarter of its current financial year (1Q26), with group revenue expanding 64 percent year-on-year (YoY) to Rs.114.15 billion and group EBITDA rising 69 percent to Rs.12.97 billion.

Central Bank directs Cargills Bank to cut major shareholder’s voting stake

The Central Bank has issued a formal directive to Cargills Bank PLC, instructing the lender to reduce the voting rights of its major shareholder, the Cargills group, from 60.71 percent to 15 percent by end-2029, while raising capital through a phased, market-based approach to meet the minimum capital requirement of Rs.20 billion. The directive, issued by the Governing Board of the Central Bank, also requires Cargills Bank to raise approximately R

Union Bank June profit lifted by new loans, fee incomes amid low provisions

Union Bank of Colombo PLC reported some robust financial performance for the three months ended in June 2025, on the back of higher growth in loans and rising fee incomes.

Muted activity leaves yield curve steady in secondary market

The secondary market experienced another quiet trading day, leaving the yield curve unchanged due to limited activity.

Visa waivers not a substitute for strong tourism campaign: SL Tourism Alliance Chief

Sri Lanka’s tourism sector risks falling short of its recovery potential without a focused and well-funded international marketing campaign, the industry leaders warn.

Bank of Ceylon in The Banker ‘Top 1000 World Banks’ ranking again

Bank of Ceylon (BOC) has once again been ranked among the Top 1000 World Banks by The Banker magazine, published by the Financial Times Ltd UK. Bank of Ceylon has been placed at the top, highlighting its standing as the highest-ranked Sri Lankan bank on the list.

Rahul Pavithran appointed Head of Sales & Marketing at ITC Ratnadipa, Colombo

ITC Ratnadipa Colombo has appointed international hospitality professional Rahul Pavithran as Head of Sales & Marketing in a strategic move to strengthen the hotel’s market position.

Indices closed on a mixed note

The ASPI closed in green as a result of price gains in counters such as Melstacorp, Seylan Bank and Ceylon Tobacco Company with the turnover crossing Rs. 5.2 Bn. Meanwhile, the S&P SL20 edged down. High net worth and institutional investor participation was noted in Hatton National Bank, Hatton National Bank nonvoting and The Lighthouse Hotel. Mixed interest was observed in John Keells Holdings, ACL Cables and Softlogic Finance whilst retail inte