Central Bank dollar sales hit 31-month high amidst currency pressure

​The Central Bank of Sri Lanka intervened in the domestic foreign exchange market by selling 71.5 million US dollars in March 2026, marking the highest level of monthly dollar sales since August 2023.

NDB Bank detects internal fraud with preliminary impact of Rs. 380mn

​National Development Bank PLC has uncovered a fraudulent act committed by certain employees operating in connivance with external parties.

Hambantota port expands capacity amid ME shipping surge

​Hambantota International Port (HIP) has significantly expanded its operational capacity in response to a sharp surge in global shipping volumes triggered by the ongoing crisis in the Middle East.

Lanka Milk Foods recovers Rs. 309.3mn in long-standing legal battle

Lanka Milk Foods (CWE) PLC, the dairy and beverage manufacturer behind household brands such as Lakspray, Ambewela, Daily, My Juicee, and BLU, has successfully recovered Rs. 309.34 million following the resolution of a prolonged legal dispute over a commercial breach of contract.

SLASSCOM holds IT & BPM Exploration Day in North Central province

Continuing its long-standing commitment to nurturing future-ready talent, the SLASSCOM successfully hosted its latest Capacity Forum – IT & BPM Exploration Day at the Rajarata University recently, bringing together students, educators and aspiring professionals from across the North Central province.

ALT X launches BE | LIVING cookware brand

ALT X (Altered Experience), Sri Lanka’s fastest-growing business solutions company specialising in end-to-end eCommerce through its eCom360 model, strategic marketing and AI-driven technology solutions, has successfully delivered the full-scale build and launch of BE | LIVING, an international premium cookware brand, demonstrating a new, integrated approach to building and scaling modern eCommerce businesses.

Corzent, Best ICT Start-Up Organisation at South Asian Business Excellence Awards

Corzent, a Sri Lanka and Dubai–based technology firm, has been named Best ICT Start-Up Organisation at the ninth South Asian Business Excellence Awards, held recently in Colombo.

United Motors Lanka opens new Batticaloa workshop

United Motors Lanka PLC officially opened its new workshop facility in Batticaloa, further strengthening its regional footprint and reaffirming its commitment to delivering reliable, accessible and high-quality aftersales support to customers in the Eastern province.

Yamamoto Motor Corporation brings world-class motorcycles

As the exclusive distributor and strategic partner for internationally recognised motorcycle manufacturers such as Loncin Voge, Zonsen and Lifan, which are among the top five Chinese motorcycle manufacturers, Yamamoto Motor Corporation brings world-class motorcycles, already popular across Europe, to the Sri Lankan market.

Sterling Steels wins Merit at SLIA Annual Product Awards 2026

Sterling Steels (Pvt.) Ltd, a premier manufacturer of high-quality globally renowned steel roofing and cladding, was honoured with a prestigious Merit award at the Sri Lanka Institute of Architects (SLIA) Annual Product Awards 2026.

NDB Rewards elevates credit cardholders’ spending experience

NDB Bank announced the launch of NDB Rewards, an exciting new rewards programme designed to elevate the everyday spending experience of its credit cardholders.

LOLC Finance trains regional entrepreneurs

LOLC Finance continues to reinforce its commitment to inclusive economic development by further strengthening its support for Sri Lanka’s micro, small and medium enterprise (MSME) sector.

Acorn appoints new Deputy CEO and COO

Acorn Group recently announced the appointment of Suranjith De Fonseka as Deputy Chief Executive Officer and Saminda Weerasinghe as Chief Operating Officer (COO), strengthening its senior leadership team as the organisation continues to drive growth and transformation across its business portfolio.

DIMO-MTU Technical Forum showcases next-gen engineering solutions

Held for the second consecutive time, the DIMO-MTU Technical Forum attracted a distinguished audience of key customers and high-ranking officials from the tri-forces, Police, Sri Lanka Railways, Sri Lanka Transport Board and other public and private sector organisations.

CMA honours Ceylinco Life Chairman

Ceylinco Life Insurance Ltd Executive Chairman R. Renganathan has been conferred the prestigious ‘Distinguished Recognition in the Profession of Management Accounting’ award by the Institute of Certified Management Accountants (CMA) of Sri Lanka, in recognition of his outstanding contribution to financial discipline, governance and sustainable value creation.

NTB hosts ‘Beyond Ordinary - Nations Business Advisory’ event in Kurunegala

Nations Trust Bank (NTB) recently hosted its ‘Beyond Ordinary - Nations Business Advisory’ event in Kurunegala.

First Capital Treasuries joins Partnership for Carbon Accounting Financials

First Capital Treasuries PLC joined the Partnership for Carbon Accounting Financials (PCAF), reinforcing its commitment to transparent climate reporting and enabling the measurement and disclosure of the carbon footprint of its financed activities, in line with the globally recognised standards.

NSB hands over Annual Report 2025 to Treasury Secretary

The National Savings Bank officially presented its Annual Report 2025 to Treasury Secretary Dr. Harshana Suriyapperuma, at the Finance Ministry this week.

Siyapatha Finance profit rises as assets swell to Rs. 84.7bn

Siyapatha Finance posted a profit before tax (PBT) of Rs. 2,660 million, an increase of 26 percent compared to the previous year. Profit after tax (PAT) grew by 29 percent to Rs. 1,556 million from Rs.

People’s Leasing raises Rs.10bn via private placement to bolster Tier 2 capital

People’s Leasing & Finance PLC has completed a Rs.10 billion subordinated debt raising through a private placement, strengthening its regulatory capital base at a time when non-bank financial institutions are

WindForce plans Rs. 4bn green bond issue to fund expansion

WindForce PLC is planning to tap the debt market with a green bond issue of up to Rs. 4 billion, as the renewable energy firm looks to diversify funding sources and support its growth pipeline.

Ambuluwawa cable car project targets 15% of foreign tourist arrivals

The Ambuluwawa Religious and Biodiversity Complex is poised for a significant economic and infrastructural transformation with the introduction of Sri Lanka’s first-ever cable car project, a development

Moderate volumes keep yield curve stable

On the final day of the shortened trading week, the secondary market recorded moderate volumes and activity yesterday, with the overall yield curve remaining stable.

Month begins on a mixed note

The ASPI closed in green as a result of price gains in counters such as Melstacorp, Sampath Bank and RIL Property with the turnover crossing Rs. 1.7bn.

JKCG Auto encourages smart EV charging

John Keells CG Auto (JKCG Auto), the sole authorised distributor for BYD and its premium sub-brand DENZA in Sri Lanka, is encouraging the customers to adopt smart charging practices in line with the recent

Vector Agents updates Digital Worker Platform

Vector Agents announced its updated Digital Worker Platform, built for what comes next: the age of digital employees, a new category of enterprise software designed to bring artificial intelligence (AI)-powered

HNB Assurance team completes SLIM Certified Sales Manager Programme

HNB Assurance recently celebrated the successful completion of the Certified Sales Manager Programme, conducted in collaboration with the Sri Lanka Institute of Marketing (SLIM), marking a significant milestone

Sri Lanka-Benelux Business Council meets Netherlands envoy

The representatives of the Sri Lanka-Benelux Business Council of The Ceylon Chamber of Commerce recently paid a courtesy call on Ambassador of the Kingdom of the Netherlands Wiebe De Boer, at the

AI Impact Forum: From disruption to opportunity

Industry leaders, technologists and policymakers came together this week at the AI Impact Forum to explore how artificial intelligence (AI) is moving beyond hype into real-world application and what that

Dipped Products crowned as Most Outstanding Exporter at NCE Export Awards

Dipped Products PLC (DPL) has been named the Overall Winner – Most Outstanding Exporter 2025, at the prestigious National Chamber of Exporters (NCE) Export Awards, securing five major accolades and