Samsung Sri Lanka introduces Exclusive Easy Pay programme

Samsung Sri Lanka has officially launched Samsung Exclusive Easy Pay, monthly instalment programme that makes it easier than ever for Sri Lankans to own the latest Samsung Galaxy smartphones and tablets. Powered by strategic partnerships with John Keells Office Automation (JKOA), Helios and Alliance Finance (AFC), this initiative delivers affordability, accessibility and simplicity for consumers across the island.

Unimo Enterprises introduces all-new JMEV ELIGHT Sedan

Unimo Enterprises Limited, a fully-owned subsidiary of United Motors Lanka PLC, took a significant step in Sri Lanka’s electric mobility journey with the launch of JMEV ELIGHT EV Sedan at the 2025 Colombo EV Motor Show. This important addition expands Unimo’s electric vehicle (EV) portfolio, which now features two pioneering brands – SERES and JMEV – offering eco-conscious Sri Lankan drivers a greater choice.

Allianz Insurance Lanka recognised again as a Great Place to Work

Allianz Insurance Lanka Limited, one of Sri Lanka’s leading general insurers and part of the global insurance leader Allianz SE, has been certified once again as a Great Place to Work in Sri Lanka.

Beedi tax hike misses revenue target as smuggling, license drop take toll

The latest increase in tobacco tax on beedi products has failed to meet its intended revenue targets, with authorities pointing out a drop in licensed manufacturers and rising illicit trade as key reasons for the shortfall.

Detention of BYD EVs sets ‘dangerous precedent’: Expert

A move by Sri Lanka Customs to detain over 1,000 BYD Atto 3 electric vehicles over allegations of misdeclared motor capacity is being slammed by a top motor industry expert as a misguided action that sets a dangerous precedent for the rule of law and investor confidence in Sri Lanka.

Seylan Bank records Rs.5.49 bn PAT in 1H25

Seylan Bank recorded a Profit before Income Tax (PBT) of Rs. 8,444 million in 1H2025, against Rs. 7,331 million in 1H2024 demonstrating a growth of 15.18 percent.

John Keells CG Auto sets record straight

John Keells CG Auto (Pvt) Ltd (JKCG), the authorised distributor of BYD vehicles in Sri Lanka, late last evening issued a statement to address the circulating news articles regarding a consignment of a select model of BYD vehicles.

PickMe reports strong 1Q performance with 50% revenue growth

Digital Mobility Solutions Lanka PLC., owner of Sri Lanka’s leading technology-based mobility platform PickMe, announced its financial results for the first quarter of financial year 2025/26, delivering exceptional growth across all key performance indicators.

Crossings boost turnover

The ASPI edged up as a result of price gains in counters such as ACL Cables, Melstacorp and Hayleys with the turnover crossing Rs. 7.5 bn.

CBSL accepts selective bids at bond auction

The secondary market endured another subdued trading session yesterday, resulting in a largely unchanged yield curve as activity remained minimal.

SL-Canada Business Council holds 34th AGM

The 34th Annual General Meeting (AGM) of the Sri Lanka-Canada Business Council (SLCBC) of The Ceylon Chamber of Commerce was held recently.

Pan Asia Bank relocates Horana branch

Pan Asia Bank to announced the relocation of its Horana branch to a new, more accessible and customer-centric location.

HNB-Home Lands unveil enhanced home loan solution

HNB PLC has further strengthened its partnership with Home Lands Group to offer an enhanced suite of home loan facilities to aspiring homeowners.

Union Assurance expands e-MER initiative with Medihelp Hospitals

Union Assurance announced the expansion of its groundbreaking electronic medical examination report (e-MER) and digital medical records initiative through a new partnership with Medihelp Hospitals.

Delmege Insurance Brokers, SL’s No. 1 Insurance Brokering Company again

Delmege Insurance Brokers has once again secured the top position as the No. 1 Insurance Brokering Company in Sri Lanka, as recognised in Global and Local Insurance Outlook 2024, published by the Insurance Regulatory Commission of Sri Lanka (IRCSL).

Emirates announces new Country Manager for Sri Lanka and Maldives

Emirates announced the appointment of Jaber Mohamed as the airline’s Country Manager for Sri Lanka and the Maldives, effective August 1, 2025.

CCC to network with SL’s newest mission heads on Aug. 5

The Ceylon Chamber of Commerce (CCC) announced an Interactive Session with Newly Appointed Heads of Mission of Sri Lanka – 2025, taking place on Tuesday, August 5, 2025, from 2:30 p.m. to 4:30 p.m., at the ground floor auditorium of the CCC.

Dialog Enterprise powers HNBIB’s digital transformation

Dialog Enterprise has partnered with HNB Investment Bank (HNBIB), encompassing HNB Stockbrokers, HNB Securities and its corporate finance arm, to deploy a comprehensive suite of ICT infrastructure solutions.

Women’s Chamber empowers Jaffna WSMEs

The Women’s Chamber of Industry and Commerce (WCIC) screened 20 women-owned small and medium enterprises (WSMEs) to benefit from the Rotary Hope on Wheels project.

Hayleys Electronics opens Nugegoda smart hub

Hayleys Electronics Limited (HEL), part of the projects and engineering sector of Hayleys PLC and a pioneer in engineering accessories and services in Sri Lanka for over 90 years, has unveiled a purpose-built flagship centre at No. 311, High Level Road, Gangodawila, Nugegoda.

Path to Australia starts at NCHS

Nawaloka College of Higher Studies (NCHS) invites students and parents to its Open Day on Saturday, August 2, from 9:00 a.m. to 4:00 p.m., at both the Colombo and Kandy campuses.

Badagini: Future of contactless dining is here

As Sri Lanka’s food and beverage sector faces growing pressure from the rising operational costs and labour shortages, Badagini enters the market with a scalable, tech-driven solution designed to address both front-of-house inefficiencies and evolving customer expectations.

Network In Action makes Sri Lankan debut

The global business networking platform Network In Action (NIA) officially launched its Sri Lanka chapter at an exclusive event held at Cinnamon Grand, Colombo.

SEC intensifies push to bring SMEs to capital market, citing growth and legacy benefits

The Securities and Exchange Commission of Sri Lanka (SEC) is mounting a significant drive to encourage more small and medium-sized enterprises (SMEs) to list on the Colombo Stock Exchange (CSE), positioning the capital market as a crucial engine for economic recovery and corporate longevity.

ComBank’s Rs.15bn green bond issue opens on August 4

Commercial Bank of Ceylon PLC has announced plans to raise up to Rs.15 billion for lending to sustainability-linked projects via a green bond approved in principle by the Colombo Stock Exchange (CSE) for public listing. The green bond issue opening on Monday, August 4, 2025, will comprise of an initial issue of 100 million Basel III-compliant – Tier 2 listed rated unsecured subordinated redeemable green bonds, with a non-viability conversion feat

Export earnings top US $ 8.3bn in 1H25

Sri Lanka’s export economy packed a punch in the first half of 2025, crossing the US $ 8.3 billion mark for the first time in three years, as a surge in services and agri-based shipments helped offset the sectoral drag.

Central Bank expands 2025 digital payments campaign to Dambulla region

The Central Bank will hold a two-day event at the Dambulla Dedicated Economic Centre next week, as part of its nationwide campaign to promote digital payments and accelerate financial inclusion across the country.

CA Sri Lanka among first to join global ISSB Standards drive

Sri Lanka has been recognised among the first jurisdictions in the world and in South Asia to join the global drive to adopt the IFRS Sustainability Disclosure Standards (ISSB Standards).

Crossings boost turnover

Indices closed in green as a result of price gains in counters such as Royal Ceramics, Melstacorp and Hemas Holdings with the turnover crossing Rs. 6.1 Bn.

Thin trading keeps secondary market yield curve stable

The secondary market yield curve saw very limited activity with thin trading volumes, resulting in the yield curve remaining broadly unchanged.