Long end sustains selling pressure, yields edge slightly up

Yesterday the market witnessed some selling activity, particularly at the long end of the curve, which in turn prompted a marginal upward adjustment in the yield curve amid moderate volumes.

Indices close in red

The ASPI closed in red as a result of price losses in counters such as Sampath Bank, Colombo Dockyard and Dialog Axiata with the turnover crossing Rs. 4.9 bn.

Yamaha unveils Sri Lanka’s first hybrid motorcycle

Associated Motorways (Private) Limited (AMW), the official distributor for Yamaha Motorcycles, recently unveiled Yamaha FZ-S Fi hybrid, Sri Lanka’s first hybrid motorcycle, at a prestigious launch event held at

INSEE Cement recommences limestone rail operations

INSEE Cement, Sri Lanka’s leading cement manufacturer and supplier and the only fully integrated cement plant in the country, announced the recommencement of limestone rail transportation from its Aruwakkalu

IDL emerges champion at CIPM Great HR Quiz 2026

International Distillers Limited (IDL), one of Sri Lanka’s foremost spirits manufacturers with a distinguished legacy spanning over four decades, achieved a major milestone by winning CIPM Great HR Quiz 2026, in

Sampath Bank-COYLE launch Mastercard World Affinity Credit Card

Sampath Bank has collaborated with the Chamber of Lankan Entrepreneurs (COYLE) to introduce the Sampath COYLE Mastercard World Affinity Credit Card, an exclusive proposition created for entrepreneurs

TWC Capital advises CBL Group on US $ 25mn Indonesian acquisition

TWC Capital (Pvt.) Ltd, the corporate financial advisory arm of TWC Holdings, acted as the exclusive buy-side financial adviser to CBL Group on its acquisition of PT Tri Jaya Tangguh Indonesia, a large-scale

St. Anthony’s launches Blackwood luxury engineered doors

St. Anthony’s marked a milestone with the launch of Blackwood – luxury engineered doors, the latest addition to its building-solutions portfolio.

EFutures relocates to new office

EFutures, one of the award-winning technology and software outsourcing companies, has announced the relocation of its operations to a new office at Bullers Lane, Colombo, reinforcing its continued growth and

CICRA Campus launches Qualification Scotland programmes in Sri Lanka

CICRA to offer advanced diplomas in cybersecurity and computing under Scottish Credit and Qualifications Framework By Shannine Daniel The Centre for Integrated Communication Research and Advocacy (CICRA) Campus officially launched its Qualification Scotland programmes recently. According to CICRA Campus CEO and Director Boshan Dayaratne, Qualification Scotland is a new national body that was created to replace the Scottish qualification authorit

Metropolitan Technologies wins at Great HR Quiz 2026

Metropolitan Technologies is announced a significant milestone achieved by its human resources team, who emerged as Winners in the Special Category Award at Great HR Quiz 2026, organised by the

Good things done wrong – Combatting smoking

A recent article quoted National Authority on Tobacco and Alcohol (NATA) Chairman Dr. Ananda Rathnayaka, stating that 50 persons die daily from tobacco use. With an annual total of 18,250 then, in a

Capital goods sector dominates turnover as market consolidates

The Colombo Stock Exchange ended the session on a negative note, with both the ASPI and S&P SL20 retreating after hitting intraday highs above the 24,000 level.

Vehicle registrations hit record high in January

Sri Lanka’s vehicle registrations rose to a record high in January, driven by a strong demand for two-wheelers and a steady expansion in the secondary market, while a sharp pickup in truck and tipper volumes pointed to early signs of recovery in the construction-linked activity.

Power and Energy Ministry to set up independent energy regulator as new players strain resources

The Power and Energy Ministry has initiated moves to establish an independent regulatory authority for the petroleum sector, admitting that it currently lacks the resources and manpower to effectively regulate the expanded market, following the entry of global giants Sinopec and R.M. Parks.

Unit trust assets top Rs.610bn in January

The unit trust industry kicked off 2026 on a stronger footing, with the assets under management rising above Rs.600 billion by end-January, supported by the renewed investor appetite for equity-linked products. The industry reported Rs.610 billion in assets under management, up 6.1 percent from a year earlier and 3.8 percent higher than December 2025 levels, with the funds spread across 84 portfolios managed by 16 licensed companies.

Tender for Muthurajawela-BIA aviation fuel pipeline to be awarded in April

The Energy Ministry is on track to award the contract for the construction of the aviation fuel pipeline from Muthurajawela to Bandaranaike International Airport (BIA) in April 2026.

Indices close in green

Indices closed in green as a result of price gains in counters such as Sampath Bank, Hatton National Bank and John Keells Holdings with the turnover crossing Rs.5.6 Bn. High net worth and institutional investor participation was noted in ACL Cables, C. W. Mackie and Commercial Bank. Mixed interest was observed in Softlogic Capital, Asia Siyaka Commodities and Sampath Bank whilst retail interest was noted in HVA Foods, SMB Leasing and Browns Inves

January tea production falls 4% year-on-year

The Ceylon Tea production slipped in January 2026 from a year earlier, as the weaker output from the low-grown areas outweighed the gains at the higher elevations, the industry data showed.

T-bill auction yields decline across the board

The secondary market yield curve remained largely unchanged, with moderate trading volumes and mixed activity. Within the 2028 maturities, 15.02.2028, 15.03.2028, 01.07.2028 and 01.09.2028 traded in the range of 8.90 percent to 9.15 percent.

Global Accounting Body Chief praises CA Sri Lanka’s leadership in sustainable finance

In a significant address to the accountancy profession in Sri Lanka, the President of the International Federation of Accountants (IFAC) Jean Bouquot, commended the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) for its exceptional leadership and pivotal role in advancing high-quality global standards.

IMF Managing Director visits Central Bank of Sri Lanka

Dr. Kristalina Georgieva, the Managing Director (MD) of the International Monetary Fund (IMF), visited the Central Bank of Sri Lanka on February 17 during her visit to Sri Lanka.

ComBank’s ‘Pita Rata Wasi’ remittance promo back with Rs. 6 mn in cash prizes

Commercial Bank of Ceylon PLC will make the Sinhala and Tamil New Year more rewarding for remittance recipients and reaffirm is commitment to always thinking about its customers and delivering the very best, with the return of the bank’s popular ‘Pita Rata Wasi’ seasonal promotion, which offers a total of Rs. 6 million in cash rewards during the 2026 Avurudu period.

DFCC Bank hosts Branch Managers’ Conference

DFCC Bank PLC (DFCC Bank) recently convened its Annual Branch Managers’ Conference, bringing together branch leaders from across the island to align on strategy, leadership expectations, and customer experience priorities for the year ahead.

Asia Asset Finance delivers strong 3Q performance with robust asset growth, profitability gains

Asia Asset Finance PLC (AAF) recorded a strong financial and operational performance for the third quarter ended December 31, 2025, demonstrating sustained balance sheet expansion, improved profitability and strengthened risk buffers amid a competitive and evolving financial sector landscape.

HNB Finance crosses Rs. 1 bn PAT mark in 9 months, up 152% YoY

HNB Finance PLC reported a Profit After Tax (PAT) of Rs. 1.15 billion for the nine months ended 31 December 2025, up 152 percent year-on-year, first time the company surpassed one billion mark in nine months performance. Profit Before Tax (PBT) increased 209 percent to Rs. 1.88 billion, supported by stronger core income and balance sheet growth.

SLID concludes high-impact session on directors’ accountability under PDPA

The Sri Lanka Institute of Directors (SLID) successfully concluded its high-level executive session titled “Your Data. Your Risk. Your Responsibility.” – Director’s Accountability under Sri Lanka’s Personal Data Protection Act (PDPA) at Cinnamon Grand, Colombo recently.

People’s Bank recognises ‘BizTeen’ winners; launches ‘YES TEEN’ Account

People’s Bank, recently held the awards ceremony for winners of People’s ‘BizTeen’ Entrepreneurship Challenge 2025 organized in partnership with the Industrial Development Board (IDB) of Sri Lanka, at a grand ceremony held at the People’s Tower Auditorium, Colombo 02.

Bangkok’s ‘Charcoal’ ignites Colombo’s dining scene with ‘fun dining’ concept at Twin Peaks

Bangkok-based Soho Hospitality is set to make its South Asian debut this March with the opening of ‘Charcoal Tandoor Grill’ at Colombo’s Capitol Twin Peaks, a venture that promises to disrupt the local hospitality landscape through a strategic partnership with construction giant Sanken and entertainment icons Bathiya and Santhush. Positioned on the 50th floor of the Twin Peaks residential complex, the restaurant aims to fill a critical vacuum in

Shangri-La Colombo welcomes Lunar New Year

As the Lunar New Year arrived, Shangri-La Colombo welcomed the Year of the Horse with a celebration inspired by vitality, optimism, and the strength to move confidently toward new horizons.