Sri Lanka’s June remittances surge 22.3% YoY

Remittances from Sri Lankans abroad rose sharply to US$ 635.7 million in June 2025, a 22.3 percent increase compared to June 2024.

Softlogic Life  completes  acquisition of Allianz Life

Softlogic Life Insurance PLC (SLL) has finalised its acquisition of 100 percent of Allianz Life Insurance Lanka Limited from German insurance giant Allianz SE.

Exporters sound alarm over Trump’s proposed 30% tariff

Sri Lanka›s crucial export sector faces significant disruption following a warning from the Exporters Association of Sri Lanka (EASL) regarding a proposed 30 percent tariff on all exports to the United States, outlined in a recent letter from President Donald Trump.

Hettich unveils its first state-of-the-art experience centre in Sri Lanka

Hettich, the global market leader for manufacturing furniture fittings, proudly inaugurated their first company-owned Experience Centre in Colombo.

DIMO Agribusinesses elevates farmers into agripreneurs

DIMO Agribusinesses promotes data-driven farming and professional consultancy in agriculture to transform local farmers into agripreneurs,

SLIC Life among Asia’s best

Sri Lanka Insurance Life (SLIC Life) is among the finalists in three key categories at the upcoming 10th Asia Trusted Life Agents and Advisers Awards 2025.

Cinnamon Hotels & Resorts launches Wildlife Festival in UK

Cinnamon Hotels & Resorts in partnership with Cinnamon Nature Trails, the Wilderness and Wildlife Foundation and Sri Lanka High Commission in the UK, recently announced the launch of the inaugural Sri Lanka Wildlife Festival in London from July 15-17, 2025.

Cargills Food City celebrates World Environment Day with BYOB campaign

In celebration of World Environment Day 2025, Cargills Food City reaffirmed its ongoing commitment to sustainability with a special bring your own bag (BYOB) initiative.

BOC-Peradeniya University to advance innovation and knowledge exchange

Bank of Ceylon (BOC) signed a landmark memorandum of understanding (MoU) with the University of Peradeniya, marking a significant step in bridging the gap between academia and the banking sector.

SriLankan Cargo named as finalist for Airline of the Year - Asia at World Air Cargo Awards

SriLankan Cargo, the air freight arm of SriLankan Airlines, was named as a finalist for Airline of the Year – Asia, at the prestigious World Air Cargo Awards 2025, held recently at the air cargo Europe trade fair in Messe München, Munich, Germany.

Anti-Pyramid National Awareness Week kicks off today

The Anti-Pyramid National Awareness Week, launched by the Financial Consumer Relations Department of the Central Bank of Sri Lanka (CBSL), is held from July 14 to 18, 2025, under the theme ‘Pyramid is a trap – don’t get into the wrong track’.

ComBank wins 6 top honours at Asian Banking & Finance Awards 2025

Commercial Bank of Ceylon has reaffirmed its leadership in Sri Lanka’s banking sector with a stellar performance at Asian Banking & Finance (ABF) Awards 2025,

Alumex achieves ASI performance standard certification

Alumex PLC, the country’s leading aluminium extrusion manufacturer, was bestowed with the prestigious Aluminium Stewardship Initiative (ASI) performance standard certification,

FitsAir strengthens regional network with daily Dhaka service

In response to strong demand and growing trade and tourism ties between Sri Lanka and Bangladesh, FitsAir announced that its Colombo– Dhaka service would operate daily from August 18, 2025.

Kia unveils all-new 2026 Sportage and Carnival hybrids in Sri Lanka

Kia has marked another milestone in Sri Lanka’s automotive landscape with the unveiling of two all-new models – 2026 Kia Sportage and 2026 Kia Carnival Hybrid – at an exclusive media preview at Cinnamon Life, Colombo.

EV surge reshapes Sri Lanka’s auto market

A significant shift is underway in Sri Lanka’s newly reopened vehicle market, with consumer demand increasingly favouring electric models.

Tight supply lifts tea prices at auction this week

The Colombo Tea Auction offerings totalled 6.1 million kilogrammes (M/Kgs), marginally lower to the 6.4 M/Kgs of last week.

National Innovation Agency seeks financial partners to boost start-up ecosystem

The National Innovation Agency (NIA) is creating opportunities for partnerships with banks, venture capitalists, financial institutions and other qualified entities, to fuel the next era of innovation in the country.

City of Dreams Sri Lanka to host 100+ journalists and influencers at grand opening on Aug. 2

City of Dreams Sri Lanka, South Asia’s first fully integrated luxury resort, is set to make a bold mark on the region with its much-anticipated grand opening on August 2, 2025.

ASPI gains 2.09% during the day with turnover surpassing LKR 10 Bn

Indices closed in green as a result of price gains in counters such as Sampath Bank, Hatton National Bank and John Keells Holdings with the turnover crossing Rs. 10.2 Bn.

Robust activity in secondary market ahead of T-bond auction

The secondary market experienced elevated trading volumes and heightened activity in the lead-up to yesterday’s T-bond auction.

WNPS and Abans unite with DWC to restore urban wetland sanctuary

The Wildlife and Nature Protection Society (WNPS), in partnership with Abans PLC and under the guidance of the Department of Wildlife Conservation (DWC), is further restoring one of Colombo’s most vital ecological sites, the Bellanwila-Attidiya Sanctuary, through a flagship conservation initiative known as the Green Isle Project which focuses on an important island section within the sanctuary.

Ceylonika Cosmetics officially launched in Sri Lanka

Ceylonika Cosmetics (Pvt) Ltd, a new player in Sri Lanka’s beauty industry, officially inaugurated its operations as a social selling beauty brand at a launch event held at the Hilton Colombo.

Crop Solutions recognizes star performers

Crop Solutions held its Annual Achievers night under the theme “A Night of Stars- Legacy of Success.” to recognize and reward the top Sales, Marketing and Support Service teams for the last financial year.

Sri Lanka’s untapped potential A British travel writer’s perspective on a nation rebounding with rich experiences

A recent media convention hosted by the British Guild of Travel Writers (BGTW) in Sri Lanka has cast a renewed spotlight on the island nation’s immense tourism potential, with leading UK journalists lauding its diverse offerings, unparalleled hospitality, and the resilient spirit of its people.

Hemas Consumer Brands champions youth-led action for the environment

In celebration of World Environment Month, Hemas Consumer Brands (HCB) reaffirmed its enduring commitment to environmental sustainability by transforming corporate purpose into meaningful action.

FMSC marks 65 years with new building opening

The Faculty of Management Studies and Commerce (FMSC) of the University of Sri Jayewardenepura will mark its 65th anniversary with a series of events beginning on July 23.

SLT-Mobitel opens doors for undergraduate research into Blue Carbon Ecosystems

SLT-Mobitel has reaffirmed its dedication to environmental sustainability by awarding three scholarships to undergraduate students from the University of Colombo, Wayamba University of Sri Lanka, and Uva Wellassa University.

Sampath Bank introduces ‘Madu Sampatha’ floating market

Sampath Bank strengthens its commitment to environmental sustainability and community empowerment through a landmark initiative aimed at reducing ocean plastic at the Madu River Sanctuary in Balapitiya.

AIA Insurance marks completion of 30th Poson Safety Programme

AIA Insurance recently concluded the 30th edition of its flagship Corporate Social Responsibility initiative, AIA Poson Safety Programme.