SEC seeks Shariah scholars to strengthen Islamic capital market oversight

The Securities and Exchange Commission of Sri Lanka (SEC) this week called for applications from qualified Shariah scholars to join its panel of accredited experts, as the regulator moves to strengthen oversight and support the growth of Sri Lanka’s Islamic capital market.

Drug trafficking tops SL’s money laundering threats as terror financing risk rises

Drug trafficking, fraud and trade-based money laundering are Sri Lanka’s most significant money laundering threats, while warning that terrorist financing risks have increased, the latest national risk assessment released by the Financial Intelligence Unit of Sri Lanka revealed.

Indices bounce back

Indices closed in green as a result of price gains in counters such as Hatton National Bank, Sampath Bank and Commercial Bank with the turnover crossing Rs. 4.4bn.

Sentiment stabilizes amid signs of geopolitical de-escalation

The secondary market witnessed some cautious buying activity yesterday, deviating from yesterday’s selling pressure.

Local maize price expected to reduce with ‘Sow and Grow’ project: Agri official

The price of a locally produced kilo of maize is expected to be brought down from the current Rs.170 to Rs.95 in future with the successful launch of Sow and Grow project, which will ensure sustainable maize production for Thriposha in Sri Lanka, an agricultural official said this week.

Assetline Finance opens 63rd branch in Athurugiriya

Assetline Finance PLC (AFIN) opened its 63rd branch in Athurugiriya recently.

ComBank partners Ideal Motors to offer special leasing packages

Commercial Bank of Ceylon has entered into a strategic partnership with Ideal Motors (Pvt) Ltd. to promote the Mahindra XUV 3XO passenger vehicle, through a joint promotional campaign.

CA Sri Lanka decodes new investment landscape

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently convened an informative session titled “Change in Waves: Safe or Struggle? Navigating Incentives and Reforms under the Port City Act and Strategic Development Projects Act”, providing a vital forum to explore how new rules on governance, employment taxes and sunset clauses are redefining the country’s appeal to foreign investors.

Laugfs Rubber wins Gold at NCE Export Awards 2025

Laugfs Rubber has secured the Gold Award for the fifth consecutive year in the Extra-Large Category – Rubber Tyres and Accessories Sector at the prestigious NCE Export Awards 2025, organised by The National Chamber of Exporters of Sri Lanka.

CMA Sri Lanka celebrates International Women’s Day tomorrow

The Institute of Certified Management Accountants of Sri Lanka (CMA Sri Lanka) will celebrate International Women’s Day 2026, organized by the CMA Sri Lanka Women Leadership Committee, on March 12th from 3.00 p.m. to 5.00 p.m. via Zoom, under the global theme “Rights. Justice. Action. For All Women and Girls.”

COYLE continues journey under ‘Vision to Reality’ theme

The Chamber of Lankan Entrepreneurs (COYLE) continued its journey under the theme “Vision to Reality,” demonstrating how ideas can be transformed into meaningful action.

Pay&Go Chief Executive appointed to Fintech Forum Sri Lanka board

Sri Lanka’s fintech sector continues to gain momentum with the appointment of Vardan Aslibekyan,Director and Chief Executive Officer of Pay&Go, to the Board of Directors of Fintech Forum Sri Lanka.

Litro gas prices increased

Litro Gas Lanka has announced a revision of domestic gas cylinder prices with effect from midnight on March 10, 2026, citing rising gas prices in the global market.

CSE Rebounds Strongly as Improved Oil Supply Outlook Lifts Investor Sentiment

The Colombo market staged a strong recovery on 10th March 2026, regaining positive momentum following encouraging developments surrounding global oil supply and signs of easing tensions in the Middle East. The improved external outlook provided a positive breather for the CSE after the recent sharp correction, with both indices closing significantly higher as the majority of counters ended the session in green territory.

Viking Sky cruise ship calls in Colombo with 700 tourists

The luxury cruise liner Viking Sky called at the Port of Colombo yesterday, bringing around 700 international travellers to Sri Lanka, as part of its voyage from Thailand to the Maldives, adding fresh momentum to the island’s cruise tourism segment.

Sri Lanka Investment Forum 2026 to spotlight green, tech-driven growth

Sri Lanka will host ‘Invest in Sri Lanka’ Investment Forum 2026 on March 30, as the country seeks to convert its improving macroeconomic stability into fresh foreign investment and long-term growth opportunities.

Samsung Sri Lanka opens pre-orders for Galaxy S26 series

Samsung Sri Lanka has officially opened pre-orders for the highly anticipated Galaxy S26 Series, introducing its most advanced AI-powered smartphones yet to customers across the island.

Regulatory void leaves virtual asset sector exposed to financial crimes

Sri Lanka’s financial landscape is facing new challenges, as an unregulated virtual asset market opens potential avenues for financial crimes.

Kerner Haus proposes 70-for-1 share subdivision

Kerner Haus Global Solutions yesterday disclosed its board has resolved to recommend a subdivision of its ordinary voting shares on a 70-for-1 basis.

Asia governments to cap fuel prices as oil costs jump

Some countries across Asia have announced measures to deal with the impact of the soaring global energy costs caused by the US-Israel war with Iran, including capping the petrol prices.

Week begins on a negative note

Indices closed in red as a result of price losses in counters such as Commercial Bank, Hatton National Bank and John Keells Holdings with the turnover crossing Rs. 5.8 Bn.

Geopolitical escalations trigger selling pressure, lifting yields up

Amid the escalating tensions surrounding the US-Iran conflict, the selling pressure emerged in the secondary market as the investors adopted a cautious stance.

Ceylon Planters’ Provident Society marks 100 years of securing Sri Lanka’s planting community

The Ceylon Planters’ Provident Society (CPPS), one of the first private provident funds established in Sri Lanka, marks its centenary on 10 March 2026 – a hundred years since the Society was officially inaugurated in Kandy to provide members of the planting profession with a secure retirement.

Sri Lanka’s agri sector eyes billions in untapped Halal markets

Asia Plantation & Export (Pvt) Ltd formally signed a Memorandum of Understanding with the Sri Lanka Sharia Council, a move that will become a turning point in the island’s export sector. As a company that always breaks new ground in the business world, it has made history as the first plantation company in Sri Lanka to sign a Memorandum of Understanding with the Sharia Council on Islamic Finance.

Elephant House Ice Cream launches new flavours and formats with Extrusion technology

Elephant House Ice Cream has unveiled a new generation of products under its Elephant House Wonder and IMORICH brands, powered by advanced Extrusion Technology. This landmark investment by Ceylon Cold Stores PLC (CCS) strengthens the company’s manufacturing capabilities while setting a new benchmark for texture, structure, and indulgence in the local ice cream category.

Round Table Sri Lanka launches National Magazine and Official Website

Strengthening its voice in service and fellowship, Round Table Sri Lanka officially launched its national magazine– Table Talk and new official website, marking a significant milestone in its continuing journey. The dual launch reflects a deliberate and strategic effort to strengthen communication, preserve institutional memory, and enhance visibility both nationally and internationally.

New Anthoney’s Farms secures University MoU for Independent Antibiotic-Free Verification

New Anthoney’s Farms (Pvt) Ltd., Sri Lanka’s only producer of 100 percent antibiotic-free chicken, has entered into a five-year Memorandum of Understanding with the University of Peradeniya to establish independent third-party verification of its zero-antibiotic production claims through rigorous laboratory testing.

Ceylon Money Market Fund emerges as Top Performer in 2025

The Ceylon Money Market Fund (CMMF) managed by Ceylon Asset Management (CAM) is ranked as Sri Lanka’s best performing Money Market Fund reporting a return of 8.92 percent p.a. (Net of Withholding Tax) in 2025, according to the Unit Trust Association data.

ACCA marks 21 years of driving excellence in Sustainability Reporting

The 21st ACCA Sustainability Reporting Awards, recently held at Cinnamon Life, marked a significant milestone, uniting Sri Lanka’s leading corporates, sustainability professionals, regulators, and stakeholders to celebrate over two decades of ESG reporting excellence.

First Capital drives women’s financial empowerment with ‘#FinPowerHer’

In celebration of International Women’s Day 2026, First Capital Holdings PLC, a subsidiary of JXG (Janashakthi Group) and a leading investment institution in Sri Lanka, is shifting the conversation from symbolic recognition to meaningful action through the launch of ‘#FinPowerHer’, a dedicated financial learning experience introduced to mark International Women’s Day. The initiative is designed to help women take their first step towards investi