Union Assurance celebrates multiple recognitions at TAGS Awards 2025

Union Assurance secured three accolades at The Diamond Chapter of the TAGS Awards 2025 ceremony, held at Shangri-La, Colombo.

ComBank, first to enable 3D Secure authentication for LankaPay/JCB cards

Commercial Bank of Ceylon has further strengthened its digital payments leadership by becoming the first bank in Sri Lanka to enable 3D Secure (3DS) authentication for e-commerce transactions on the LankaPay/JCB National Card Scheme, significantly strengthening the security and global usability of the card.

HNB Assurance achieves 256 MDRT qualifiers

HNB Assurance has once again set a new benchmark of excellence, celebrating an unprecedented 256 members of its sales force qualifying for the prestigious Million Dollar Round Table (MDRT) in 2025, the highest in the company’s history.

NSB-Charith Silva to promote digital banking

The National Savings Bank (NSB) has partnered with the country’s leading digital personality Charith N. Silva to promote digital banking adoption across the island.

Kusal Jayawardana appointed as Lanka Ventures, LVL Energy Fund Chairman

Bringing over 27 years of experience in investment banking, capital markets, corporate advisory and financial services, Kusal Jayawardana has been appointed as Chairman of Lanka Ventures PLC and LVL Energy Fund PLC.

BOC launches Agri Banking Unit

Bank of Ceylon (BOC) officially launched the BOC Agri Banking Unit, first of its kind to drive sustainable growth and innovation in Sri Lanka’s agriculture sector.

Dialog Surpasses 800+ 5G Sites, Driving Sri Lanka’s Fastest 5G Expansion and Advancing the Nation’s Digital Future

Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, has announced the expansion of its 5G network to over 800 live sites spanning 24 districts, reinforcing its commitment to accelerating nationwide digital transformation through sustained investment in next-generation connectivity.

JAT Holdings enters Australian cabinetry manufacturing segment following SEAFORM Perth success

Following the successful market validation of its SEAFORM Perth joint venture, JAT Holdings PLC has entered the Australian cabinetry manufacturing segment through securing a manufacturing facility in Perth.

Court of Appeal quashes RTI order against Central Bank’s Monetary Board

The Court of Appeal has set aside a 2018 order issued by the Right to Information Commission against the Monetary Board of the Central Bank of Sri Lanka, ruling that the commission had exceeded its statutory powers under the Right to Information (RTI) Act.

SLT group charts aggressive global expansion with Singapore hub and new submarine cables

The Sri Lanka Telecom (SLT) group is embarking on an aggressive overseas expansion strategy to capture a larger share of the global digital economy, anchoring its international operations in Singapore.

Colombo Dockyard delivers Misje Kandy vessel

Colombo Dockyard PLC, on March 26, 2026, successfully delivered the 10th and final vessel in the Misje eco bulker newbuilding series.

Kia Tasman arrives in Sri Lanka

Kia Motors Lanka has ignited a new frontier in Sri Lanka’s automotive landscape with the arrival of the all-new Kia Tasman – a vehicle that does not merely enter the pickup segment but seeks to transform it.

Quality concerns weigh on Sri Lanka tea prices despite increased supply

The auction offerings increased to a 5.6 million kilogrammes (M/Kgs) this week vis-à-vis a 5.1 M/Kgs on offer the previous week.

No price increase on biscuits, ice cream, chocolate until May, industry assures

The Sri Lankan Confectionery Owners’ Association has assured the government that the prices of biscuits, ice cream, chocolate and other confectionery products will not be increased until May, following the discussions with Trade Minister Wasantha Samarasinghe.

ASPI gains 3.6% during the week

The ASPI closed in red as a result of price losses in counters such as John Keells Holdings, National Development Bank and Cargills with the turnover crossing Rs. 2.6 Bn.

Mixed activity and moderate volumes see overall yield curve broadly stable

The secondary market saw mixed activity, with moderate volumes, leaving the overall yield curve largely stable.

Sampath Bank champions SME women entrepreneurs through ‘Unstoppable Woman’

In recognition of International Women’s Day 2026, Sampath Bank hosted its Entrepreneur Development Programme under the theme ‘Unstoppable Woman’, bringing together SME women entrepreneurs for an evening centred on knowledge sharing, inspiration and practical business insights.

ComBank refurbishes De Soysa Hospital Maternity Ward

The Commercial Bank of Ceylon has undertaken the renovation of Ward No. 03 at the historic De Soysa Hospital for Women in celebration of International Women’s Day, underscoring its ongoing commitment to women’s empowerment.

Sun Siyam Pasikudah celebrates Women’s Day

Sun Siyam Pasikudah celebrated International Women’s Day on 8 March with a full programme of experiences designed to make every woman feel genuinely seen and celebrated.

Global GIS marks 12th anniversary opening new head office building

Global GIS (Pvt) Ltd celebrated its 12th year of operations with the opening of its new 3-story head office building in Nugegoda.

Cargills adopts Crow Island Beach in partnership with Clean Ocean Force Lanka

Cargills Food and Beverage Ltd. through its brands KIST and Knuckles, has signed a Memorandum of Understanding (MoU) with Clean Ocean Force Lanka (COF) to adopt Crow Island Beach for one year, reinforcing its commitment to long-term coastal conservation in Sri Lanka.

Serendib Flour Mills marks International Women’s Day

Serendib Flour Mills celebrated International Women’s Day 2026 by organising a special programme for the women of the organisation, recognising the valuable contribution of both its employees and third-party female support staff.

‘Wiyawasayakaya’ Investment Summit draws over 250 participants

Lanka Business TV, in collaboration with Lankadeepa FT, concluded a successful edition of its flagship ‘Wiyawasayakaya’ Business and Investment Summit at the Radisson Blu Hotel, Galle.

Colombo closes out SPiCE South Asia 2026 with big wins and bigger signals

The 7th Annual SPiCE South Asia 2026 concluded in Colombo this week, bringing together regional and global gaming industry leaders for a series of high-level discussions, networking engagements, and an awards ceremony recognising top performers shaping South Asia’s evolving gaming and entertainment landscape.

NSB marks anniversary welcoming newborns with savings

In line with the ‘NSB Senehase Dayada – 2026’ initiative, a special commemorative program was recently organized at the premises of Lanka Hospitals under the patronage of the National Savings Bank, marking the 54th anniversary of the Bank.

B&S partner with Soho Hospitality to bring Charcoal Tandoor Fire Grill to Colombo

Charcoal Tandoor Fire Grill, the acclaimed Bangkok dining concept by Soho Hospitality, is set to open its doors in Colombo with Sri Lankan musical duo Bathiya Jayakody and Santhush Weeraman, alongside Mevan Gunatilleke, confirmed as co-owners.

T9 Hunters Rally opens new chapter for JAC T9 owners’ community in Sri Lanka

Euro Motors recently launched the T9 Hunters Rally, the inaugural event of the JAC T9 Owners Club in Sri Lanka, bringing together proud owners of the powerful pickup for a day that celebrated performance, adventure, and community.

Nolimit unveils new fashion destination in Kiribathgoda

Fashion retail chain Nolimit has further expanded its islandwide footprint with the opening of its 29th store in Kiribathgoda, marking another significant milestone in the brand’s ongoing growth journey.

February exports grow as services surge, core sectors weaken

Sri Lanka’s export sector maintained a measured recovery in February 2026, with total earnings rising 4.22 percent year-on-year (YoY) to US$ 1.40 billion, as strong services momentum offset weaker performances in key merchandise categories.

Market-linked fuel pricing accelerates inflation pass-through as oil surges: IPS study

Sri Lanka’s shift to a market-linked fuel pricing mechanism has fundamentally altered how global oil shocks feed into domestic inflation, with the latest surge in crude prices expected to transmit more rapidly and broadly across the economy, a new analysis by the Institute of Policy Studies (IPS) shows.