Salesforce targets Sri Lanka’s digital ecosystem as agentic AI transition accelerates

When the tech leaders gathered at the Jio World Convention Centre for the Salesforce Agentforce World Tour Mumbai on May 19, 2026, the rapid shift from static software to autonomous innovation dominated the floor.

Pan Asia Bank wins Gold at Qorus Reinvention Awards APAC 2026

Pan Asia Bank has brought home a major international win, securing the Gold award at Qorus Reinvention Awards APAC 2026, ahead of some of the region’s most established banking institutions, including leading

HayWind receives first 25 MW of turbines for Mannar wind farm

HayWind One Limited, the wind energy arm of Hayleys Fentons Limited, has achieved a major milestone in the development of its 50 MW wind farm project in Mannar, with the first 25 MW, out of the total 50 MW,

Siyapatha Finance opens Boralesgamuwa branch

Premier finance company Siyapatha Finance PLC opened the doors of its latest fully-fledged branch in Boralesgamuwa, successfully expanding the company’s islandwide network to 63 branches.

CSE to host workshop on new mandatory IFRS Sustainability Disclosure Standards

The Colombo Stock Exchange (CSE) will be hosting a free online workshop on the implementation of the International Financial Reporting Standards (IFRS) Sustainability Disclosure Standards, on Tuesday, June

Indices continue to close in red

Indices closed in red as a result of price losses in counters such as Dialog Axiata, Commercial Bank and Melstacorp with the turnover crossing Rs. 2.7bn. High net worth and institutional investor participation was

Lingering uncertainty weighs down on market sentiment

The secondary market yesterday remained shrouded in uncertainty as investors awaited further clarity on prevailing global headwinds and their spillover effects on the Sri Lankan economy.

Sri Lanka caught in widening USA supply chain crackdown

Sri Lanka’s export sector could face a new challenge in the United States market after Washington proposed additional tariffs on imports from countries it says have failed to adequately prevent the entry of goods produced through forced labour.

Treasury receives US $ 695mn under IMF bailout programme

Sri Lanka received US $ 695 million from the International Monetary Fund (IMF), following the completion of the fifth and sixth reviews of its Extended Fund Facility (EFF), the Finance Ministry confirmed yesterday.

Eswaran Brothers empowers women through transformative leadership journey

Eswaran Brothers Exports (EB), a leading tea manufacturer in Sri Lanka, launched its flagship women’s leadership initiative, She Transforms, a customized six-month leadership development journey.

AI and Data Analytics Summit 2026 drives nation’s digital future

The AI and Data Analytics Summit 2026 organised by the Sri Lanka Section of BCS, the Chartered Institute for IT was successfully held on 22 May at Waters Edge, Colombo. The high-impact summit themed “Next Generation AI & Data Analytics: Skills & Thoughts for the Intelligent Future” brought together senior policymakers, global technology experts, industry leaders, academics, and innovators to explore how Artificial Intelligence (AI) and Data Analy

Sysco wins Newsweek’s 2026 AI Impact Award for AI Brand & Retail Excellence

Sysco Corporation, the global leader in food distribution, has been awarded a 2026 Newsweek AI Impact Award for an innovative enterprise-wide AI application that enhances supply chain processes, drives sales productivity and elevates the customer e-commerce experience.

DMASL and LIA continue collaboration to elevate Sri Lankan creativity on global stage

The Digital Marketing Association of Sri Lanka (DMASL) announced the continuation of its partnership with the London International Awards (LIA), reaffirming a shared commitment to nurturing creative excellence, fostering global exposure, and creating meaningful opportunities for Sri Lanka’s advertising, marketing, and creative community.

Evolution Auto launches ‘Xpeng G6’ in Sri Lanka

Evolution Auto Private Limited, the authorised distributor for Xpeng in Sri Lanka, officially launched the New Generation Xpeng G6 at its multi brand showroom in Colombo 05 on 22 May, marking a significant milestone in the country’s rapidly evolving electric vehicle landscape.

Capital Trust Properties extends partnership with John Keells Properties

Capital Trust Properties (CTP) has renewed its partnership with John Keells Properties to market its residential developments, including Cinnamon Life, TRI-ZEN, Viman and Vauxhall DSTRCT.

Dialog Brings Sri Lanka’s Largest Digital Vesak Experience to Matara

Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, collaborated with the Ministry of Buddha Sasana, Religious and Cultural Affairs to bring one of Sri Lanka’s largest and most technologically advanced Vesak experiences to the ‘Dakshina Prabha’ National Vesak Zone.

‘DFCC ONE’ elevates everyday banking with new digital features

DFCC Bank PLC has introduced a series of new features on ‘DFCC ONE’, strengthening its digital banking experience and giving customers greater freedom, accessibility and confidence in managing their financial lives across mobile and desktop platforms.

CSE renews CFASSL platinum sponsorship for ninth consecutive year

The Colombo Stock Exchange (CSE) has renewed its partnership recently as the Platinum Partner of CFA Society Sri Lanka (CFASSL) for the 9th consecutive year as the two organizations continue to uphold a shared commitment to promoting financial literacy and professional excellence within the Sri Lankan investment industry and its stakeholders.

SLASSCOM and BeyondOne launch internship platform as a national initiative

SLASSCOM together with BeyondOne has launched an internship platform as a national initiative aimed at bridging the gap between academia and industry through a scalable virtual internship ecosystem.

T-bill yields edge up across board

The secondary market activity remained subdued, evident through limited volumes and low levels of activity. The weighted average yields edged upward across all tenures at yesterday’s T-bill auction, resulting in an upward adjustment across the yield curve.

Indices continue to close in red

The ASPI closed in red as a result of price losses in counters such as Dialog Axiata, Sampath Bank and Ceylon Beverage Holdings with the turnover crossing Rs. 2.0 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Teejay Lanka, John Keells Holdings, Diesel & Motor Engineering. Mixed interest was observed in Commercial Bank, Hatton National Bank nonvoting and Dialog Axiata wh

Aitken Spence concludes FY26 on strong note recording 18% PBT growth to Rs.12.8bn

Aitken Spence PLC, a leading conglomerate with a diverse regional presence, recorded a strong profit before tax (PBT) of Rs.12.8 billion for the year ended March 31, 2026.

Structural reforms, care insurance systems crucial to reverse Sri Lanka’s declining female labour force anomaly

Addressing Sri Lanka’s persistently low female labour force participation requires an aggressive shift towards structural macroeconomic transformation and comprehensive institutional care systems, according to development experts.

Tea prices edge higher in May

The average national tea sale edged higher in May, supported by stronger Low Grown tea prices. However, the earnings in US dollar terms continued to weaken, amid the currency movements and softer international market conditions.

Morison eyes export drive as local pharma manufacturing reaches critical mass

Morison Limited, the pharmaceutical manufacturing arm of Hemas Holdings PLC, is aggressively laying the groundwork for a major export drive after reaching a critical mass in the domestic healthcare sector.

CBSL launches anti-scam drive as fraud risks grow

The Central Bank yesterday warned that financial scams are emerging as a broader threat to confidence in Sri Lanka’s formal financial system.

South Korea overtakes India as world’s sixth-largest stock market on AI-fuelled chip rally

South Korea has overtaken India to become the world’s sixth-largest stock market, as a powerful rally in semiconductor stocks tied to the global artificial intelligence (AI) boom lifted the country’s market capitalisation to US$ 5 trillion.

Kerner Haus seeks Rs. 420mn via rights for real estate acquisitions

Kerner Haus Global Solutions PLC disclosed it plans to raise up to Rs. 420.1 million through a rights issue as the listed company seeks fresh capital to strengthen its balance sheet, improve liquidity and expand its real estate portfolio.

SEC cautions public against depositing funds with Samagi Capital

The Securities and Exchange Commission of Sri Lanka (SEC) yesterday warned investors against dealing with Samagi Capital (Private) Limited, stating that the company is not licensed to operate as a stockbroker or stock dealer and that a purported broker-dealer licence being circulated on social media is fraudulent.

Indices close in red, with foreign buying

The ASPI closed in red as a result of price losses in counters such as Melstacorp, LOLC Holdings and Colombo Dockyard with the turnover crossing Rs. 2.0bn.