SDB bank records stable 1Q 2026 performance

SDB bank recorded a stable financial performance for the first quarter ended March 31, 2026, reflecting the bank’s continued focus on disciplined financial management, prudent risk oversight and sustainable growth across its core business segments.

Commercial Bank extends operations to Port City Colombo

Reinforcing its commitment to support the nation’s next phase of economic transformation, Commercial Bank of Ceylon PLC’s new branch in Port City Colombo will bring world-class banking services to Sri Lanka’s emerging international financial hub.

PLC rings CSE market opening bell to commemorate 30th anniversary

People’s Leasing & Finance PLC (PLC) commemorated its 30th anniversary milestone by participating in a special market opening bell ringing ceremony on the trading floor of the Colombo Stock Exchange (CSE) on June 2, 2026, celebrating three decades of empowering individuals, entrepreneurs and businesses across the island with innovative financial solutions.

Hayleys Mobility introduces all-new JAECOO J5 HEV

Hayleys Mobility Limited has introduced the all-new JAECOO J5 HEV, broadening its range of high-performance hybrid SUVs to meet the evolving demands of Sri Lanka’s growing new-energy vehicle market.

Kanro Interiors recognized with Platinum Award

Kanro Interiors has been honoured with a Platinum Award in recognition of its outstanding contribution to Sri Lanka’s interior construction and corporate fit-out industry.

Shashel Lanka Manpower clinches Platinum Excellence Award

Shashel Lanka Manpower, a licensed foreign employment agency operating under Sri Lanka Bureau of Foreign Employment (SLBFE), was honoured with the ‘Platinum Excellence in Ethical Overseas Recruitment & Workforce Solutions’ award at the Platinum Excellence Awards 2026 ceremony held recently at Cinnamon Life – City of Dreams, Colombo.

Sun Siyam Pasikudah launches floating ocean dining platform

Sun Siyam Pasikudah, part of the Privé Collection under Maldivian-owned Sun Siyam Resorts, has officially launched its floating dining platform on the open waters of Pasikudah Bay, the Aqua Lounge.

ShowLab Studio pioneers new era of live event production in Sri Lanka

ShowLab Studio is set to take Sri Lanka’s entertainment and show industry into a new era defined by precision, integration, and global production standards, with the country’s first purpose-built previsualisation, lighting programming, and show integration facility.

Creative Information Technologies opens new premium showroom at Unity Plaza

Creative Information Technologies (Pvt) Ltd announced the opening of its newest showroom at Unity Plaza on 25 May, further strengthening its customer presence within Sri Lanka’s premier ICT and technology marketplace.

Multi Audio Visual concludes Allen & Heath Digital Audio Training Programme

Multi Audio Visual Pvt Ltd, the authorised distributor for Allen & Heath products in Sri Lanka, recently conducted a successful Digital Audio Training Programme at BMICH.

Binance Bitcoin Pizza Day draws over 2000 Sri Lankans to blockchain education experience

Binance, the world’s largest digital asset exchange and leading blockchain ecosystem, marked Bitcoin Pizza Day with an educational activation at One Galle Face Mall in Colombo that drew over 2000 participants eager to learn about blockchain technology and digital asset fundamentals, with more than 70 percent attending their first-ever digital asset education event.

Seylan Bank opens 291st ‘Pahasara’ Library

Seylan Bank PLC opened its 291st ‘Pahasara’ Library at A/Buddhangala Central College, Padavi-Parakramapur recently.

Toastmasters across Sri Lanka connect for annual conference

District 82 Toastmasters International concluded its annual conference, Ovation 2026, on 16th and 17th May at Shangri-La Colombo.

SLITA awards diplomas to 596 graduates to boost apparel sector talent

The Sri Lanka Institute of Textile & Apparel (SLITA) awarded diplomas to 596 graduates at its fifth Diploma Award Ceremony, reinforcing efforts to strengthen the talent pipeline for the country’s textile and apparel industry, one of Sri Lanka’s largest export sectors.

Hutch advances ESG commitment through Rajawaka rainforest restoration

Hutch Sri Lanka is continuing its commitment to environmental sustainability through the ongoing implementation of its rainforest restoration initiative at the Rajawaka Forest Reserve in Balangoda.

Port City offers strong investment potential, says VIA 9 founder

Colombo Port City has significant potential to attract new investments and support emerging businesses, according to entrepreneur Avin Fernando, founder of Italian restaurant VIA 9, one of the latest ventures to establish operations within the country’s offshore business hub.

Sri Lanka targets young travellers through Roblox tourism experience

Sri Lanka is looking to tap into the global gaming community to attract the next generation of travellers, with local game developer Sea Pony Studios launching ‘Discover Ceylon’, a virtual tourism experience on the Roblox platform.

Wait-and-watch stance keeps market activity subdued

The secondary market remained subdued, with limited activity and thin volumes as investors stayed on the sidelines.

ASPI loses 2.5% during the week

The ASPI edged down as a result of price losses in counters such as Hayleys, Windforce and Digital Mobility Solutions Lanka with the turnover crossing Rs. 2.9 Bn. Meanwhile, the S&P SL20 closed in red. High net worth and institutional investor participation was noted in John Keells Holdings, Access Engineering and Amana Takaful. Mixed interest was observed in Ceylon Cold Stores, Digital Mobility Solutions Lanka and Sunshine Holdings whilst retail

Laugfs gas prices remain unchanged

Laugfs Gas PLC has announced that the domestic LPG prices will remain unchanged for June, despite the rising global procurement costs, supply chain challenges and depreciation of the Sri Lankan rupee.

Tea prices steady to lower as export demand remains uneven

The total auction offerings were marginally higher to the previous week and totalled 6.2 million kilogrammes (M/Kgs).

Sri Lanka Climate Summit 2026 to spotlight climate readiness

As climate-linked regulations, investor expectations and financing requirements increasingly influence global trade and market access, Sri Lanka Climate Summit 2026 will place business readiness at the centre of national conversation, with a high-level line-up of policymakers, international agencies, corporate leaders and technical experts set to examine what climate preparedness means for Sri Lanka’s economy in practice.

SL loses out on GDP gains as unpaid care and wage inequalities clip female labour potential

Sri Lanka is severely compromising its macroeconomic growth by failing to bridge the gender gap in labour force participation, a deficiency deeply rooted in stark wage inequalities for unskilled formal workers and a disproportionate burden of unpaid care work.

Cartoon of the Day 06-06-2026

Pelwatte Dairy commissions Sri Lanka’s largest dairy effluent treatment plant

Pelwatte Dairy Industries Limited has commissioned its state-of-the-art Effluent Treatment Plant (ETP) at its Buttala manufacturing facility, marking a significant milestone in the company’s journey toward

CA Sri Lanka felicitates first woman Auditor General

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) felicitated Samudika Jayaratna, the 42ndAuditor General of the Democratic Socialist Republic of Sri Lanka, at a special ceremony held at the

JAT Holdings records highest-ever revenue in FY25/26

JAT Holdings PLC recorded its highest-ever annual revenue in FY25/26, with performance reflecting the continued strength of its core coatings business, disciplined manufacturing strategy, and investments in

DFCC Bank appoints Shamindra Marcelline as Executive Director

DFCC Bank PLC has announced the appointment of Shamindra Marcelline as an Executive Director of the Bank with effect from 15 June 2026, following approval by the Board of Directors and the Central Bank of

Galadari announces transfer of Radisson Hotel agreements to Belgian affiliate

Galadari Hotels (Lanka) PLC yesterday disclosed to the Colombo Stock Exchange (CSE) that Radisson Hotel Asia Pacific Investments Pte. Ltd. has assigned its rights and obligations under two management-

Prime Melwa: With rise of Asia’s most distinct marina-front land plot

In global real estate, truly irreplaceable assets are rarely created twice. Their value is shaped by a rare combination of location, scarcity, architecture and long-term relevance. Prime Melwa have secured one of