IT Gallery Computers hosts PANTUM Partner Summit 2026

IT Gallery Computers (Pvt.) Ltd recently hosted PANTUM Partner Summit 2026, marking the 14th successful year of PANTUM in Sri Lanka.

Great Place To Work inaugurates ‘Nation Builders’ recognition programme

Great Place To Work Sri Lanka announced the inauguration of ‘Nation Builders: Powered by People’, a pioneering national recognition programme designed to identify and celebrate organisations making a

Sun Siyam Pasikudah redefines east coast luxury with year-round appeal and innovative tech

Nestled along the pristine, barely-touched northeastern coastline of Sri Lanka, Sun Siyam Pasikudah is quietly rewriting the narrative of east coast tourism. Long considered a seasonal retreat, Pasikudah is

Muted inflation masks impact of triple fuel hikes on households

The consumer prices in the Colombo district rose only a tad higher in March from the levels seen in February but did nothing to capture the true sky-high prices the households are confronting on a daily basis, due to the significantly higher fuel prices.

Tax Bill provisions risk denting competitiveness, warns Ceylon Chamber of Commerce

The Ceylon Chamber of Commerce (CCC) has flagged key risks in the proposed Inland Revenue (Amendment) Bill of 2026 and cautioned that several provisions could strain financing, compliance and investor confidence at a delicate stage of economic recovery.

Construction sector turns cautious

The economic fallout from the war in Iran has already taken a toll on the construction sector in Sri Lanka, with the costs having begun to rise and the sector raising alarms over the potential constraints on the supplies, as Iran has blocked ship traffic through the Strait of Hormuz.

Lankem Ceylon unveils Rs. 3bn investment in SSP fertiliser facility

Lankem Ceylon PLC has unveiled ‘uv rcd’ (Mada Raja), Sri Lanka’s first locally manufactured Single Super Phosphate (SSP) fertilizer, marking a significant milestone in strengthening national agricultural self-sufficiency and reducing reliance on imported fertilizers.

‘Hardware Without Borders’ empowers Sri Lankan innovators to scale globally

Hardware Without Borders, a knowledge-sharing session that brought together entrepreneurs, engineers, and product builders in collaboration with Xynapse Labs and Hatch Works was hosted at Hatch Works, recently. The event convened global and local experts to discuss what it takes for Sri Lankan hardware innovators to successfully scale and enter international markets.

SME apparel exporters need guidance to benefit from UK’s DCTS

United Kingdom’s revised Developing Countries Trading Scheme (DCTS), effective from January 1, 2026, is important for Sri Lanka’s apparel sector.

OPPO Reno 15 Series launches in Sri Lanka with strong focus on innovation and investment

OPPO Sri Lanka launched its latest smartphone lineup, the Reno 15 Series, at the Abans showroom in Havelock City Mall recently, marking the official entry of the device range into the local market while announcing plans to further strengthen its investment in Sri Lanka.

Pointlabs Technologies launches SL’s first AI-powered voice concierge platform

Country’s first AI-powered Voice Concierge Platform was launched by Pointlabs Technologies Ltd, an emerging AI-driven loyalty and engagement technology company with operating entities in the UAE and Sri Lanka, for Standard Chartered Priority customers.

Sri Lanka Brand Forum launched to redefine role of business in national development

In a landmark step toward redefining the role of business in national development, the Sri Lanka Brand Forum (SLBF) has been officially launched as a transformative platform dedicated to nurturing a new generation of purpose-driven, resilient, and globally competitive businesses. The announcement was made at a press conference attended by leading business figures, industry experts, and members of the media.

AIBL partners with Life Vision to elevate financial security and risk management

Assetline Insurance Brokers (Private) Limited (AIBL), a subsidiary of the David Pieris Group of Companies, recently announced a strategic partnership with Life Vision Credit & Investment (Pvt) Ltd (LVC).

Arrow Technologies appointed authorized distributor for Sennheiser in Sri Lanka

Arrow Technologies has officially been appointed as the authorized distributor for Sennheiser Professional products in Sri Lanka.

DFCC Bank engages export sector to discuss solutions to current and emerging challenges

Sri Lanka’s exporters are adjusting to a different kind of global environment. Costs are less predictable, currencies are moving faster, and trade routes are no longer as stable as they once were. Growth remains on the table, but it is now accompanied by more questions than before.

More than 1,000 BAIC X55 SUVs hit Sri Lankan roads

David Pieris Automobiles (Private) Limited (DPA), the four-wheeler sales arm of the David Pieris Group and the sole distributor for BAIC vehicles in Sri Lanka, recently celebrated a significant milestone with the release of its 1,000th BAIC X55. This achievement reinforces the company’s commitment to delivering high-quality vehicles while steadily increasing local value addition.

Seylan Bank unveils range of seasonal offers

Seylan Bank has unveiled a range of seasonal offers for Seylan Credit and Debit Cardholders this Avurudu season, partnering with over 300 merchants across Sri Lanka to deliver discounts, flexible payment plans, and lifestyle experiences during one of the country’s most celebrated festive periods.

AMW launches state-of-the-art showroom in Negombo

Associated Motorways (Private) Limited (AMW), a member of the Al-Futtaim Group, celebrated a key milestone with the opening of its new showroom in Negombo recently.

Local apparel faces stress test as global demand weakens  

Sri Lanka’s apparel sector is entering a critical stress phase, where weakening global demand is no longer the sole concern but a trigger exposing deeper structural pressures within the industry.

EDB proposes financial assistance scheme to boost SME export competitiveness

A new financial assistance scheme to support small and medium exporters and export-oriented small and medium enterprises (SMEs) has been proposed by the Export Development Board.

Shangri-La Hambantota positions Sri Lanka as a global destination wedding powerhouse

As Sri Lanka continues its resurgence as one of Asia’s most compelling travel destinations, Shangri-La Hambantota Golf Resort & Spa is emerging as a defining force in positioning the island as a premier destination for international weddings — where scale, setting, and storytelling converge.

Govt. plans phased para-tariff removal to sharpen export competitiveness

The government is preparing to gradually remove para-tariffs in a structural trade reform aimed at lowering costs for exporters and improving the country’s competitiveness, as policymakers push to strengthen export-led industrial growth.

Maldives-based Sun Siyam Group eyes expansion in Sri Lanka

Maldivian hospitality company Sun Siyam Resorts is looking to expand its footprint in Sri Lanka with a new property in the pipeline, aiming to capitalise on combined dual-destination travel packages.

Record entrepreneur loans expected in 2026: Handunneththi

Industry and Entrepreneurship Development Minister Sunil Handunneththi, announced that 2026 will witness the highest number of loans granted to entrepreneurs in recent history, as part of the government’s efforts to strengthen the industrial sector.

Excise Dept. achieves 110% of revenue target in first quarter

The Excise Department of Sri Lanka has achieved up to 110 percent of the stipulated revenue target meant for the first quarter of the year 2026, an official said.

ASPI loses 11.2% during the month

The ASPI closed in red as a result of price losses in counters such as Sampath Bank, Hayleys and ACL Cables with the turnover crossing Rs. 3.5 bn.

Secondary market stays quiet as T-Bill yields tick up at the weekly auction

Amidst the rise in yields at the weekly T-Bill auction that took place yesterday, the secondary market activity was limited with thin trading volumes.

People’s Bank introduces PrimeScore Privilege Loan

Reinforcing its commitment to recognising financially responsible customers and expanding access to convenient credit facilities, People’s Bank has introduced the PrimeScore Privilege Loan, an exclusive lending solution designed to reward salaried individuals who maintain an excellent credit history in the country.

Ceylon Cold Stores wins Gold at NCE Export Awards 2025

Ceylon Cold Stores PLC (CCS) has once again affirmed its standing as a powerhouse in Sri Lanka’s export landscape, securing the Gold award in the Large Category of the Confectionery Products Sector at the prestigious NCE Export Awards 2025.

Bajaj rewards ‘Genuine Supiri Ware’ winners

David Pieris Motor Company (Private) Limited, Sri Lanka’s largest automotive company and the sole distributor for Bajaj products in Sri Lanka, recently awarded prizes to the winners of the ‘Bajaj Genuine Supiri Ware’, a consumer promotion conducted for customers who purchased Bajaj Genuine Spare Parts.