Roses see weak demand as prices bite

Florists along Ven. Baddegama Wimalawansa Mawatha in Town Hall, Colombo said Valentine’s Day flower sales have dropped this year compared to previous years, mainly due to high prices and low consumer spending.

Tourism leads Aitken Spence turnaround as group profit climbs to Rs. 5.6bn

Aitken Spence PLC recorded revenue of Rs. 67 billion for the nine months ending 31st December 2025, underscoring a robust performance across its portfolio of industries.

SEC and CSE to meet entrepreneurs today in push to expand market-based funding

The Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE), in collaboration with the Ministry of Industry and Entrepreneurship Development and Department of the Registrar of Companies, will hold an issuer forum today from 6 p.m. at Weligama Bay Marriott Resort & Spa. The forum, themed ‘Innovative Pathways for Businesses to Propel Economic Growth’, is part of a broader initiative to broad-base companies across

United Motors Group reports Rs. 2.4bn profit for FY25/26 first nine months

United Motors Group (UML) announced a robust financial performance for the first nine months of the financial year, ended 31 December 2025.

Indices close in red

The ASPI edged down as a result of price losses in counters such as Richard Pieris & Company, Central Finance Company and John Keells Holdings with the turnover crossing Rs. 4.8 bn.

Yield curve eases as T-bond auction concludes

The secondary market yields declined across the curve yesterday, while buying interest persisted amidst large trading volumes.

ADB appoints Sona Shrestha as Director General for South Asia

The Asian Development Bank (ADB) has appointed Sona Shrestha as Director General of its South Asia Department (SARD), where she will lead the development and implementation of the ADB’s strategy and

Keells Nexus introduces all-new loyalty app

Keells is set to usher a new chapter in customer experience with the relaunch of Keells Nexus, with the introduction of its all-new loyalty app today.

LOLC Finance-Export Credit Insurance Bureau to support overseas employment financing

LOLC Finance PLC entered into a strategic partnership with the Sri Lanka Export Credit Insurance Bureau (SLECIC) recently, marking a significant step towards strengthening financial support mechanisms for Sri

First Capital Holdings records Rs.3.23bn total comprehensive income

First Capital Holdings PLC recorded a total comprehensive income of Rs.3.23 billion for the nine months ended December 31, 2025, compared to Rs.4.53 billion in the corresponding period of the previous year.

UB Finance-JKCG Auto offer financing solutions for BYD NEVs

UB Finance PLC (UBF) entered into a strategic partnership with John Keells CG Auto (Pvt.) Ltd (JKCG Auto), the authorised distributor for BYD new energy vehicles (NEVs) in Sri Lanka, to offer exclusive and attractive financing solutions for customers purchasing BYD’s latest electric and hybrid vehicle range. The partnership was formalised through the signing of a memorandum of understanding, enabling the UBF customers access preferential benefits

Industries Chamber launches CNCI Achiever Awards 2026

The Ceylon National Chamber of Industries (CNCI) had its official launch and media briefing of CNCI Achiever Awards 2026 for industrial excellence recently, at Hotel Taj Samudra Colombo.

Hayleys PLC Shines at CA Sri Lanka’s TAGS Awards Diamond Chapter with Grand Honour of Excellence for 2025

The historic 60th anniversary was graced by Esteemed Guest Hon. Dr. Anil Jayantha Fernando, Minister of Labour and Deputy Minister of Finance and Planning, Chief Guest Dr. Nandalal Weerasinghe, Governor of

Sinopec Extends Clean Sri Lanka Network with New Look Stations Across Anuradhapura

Sinopec reaffirmed its commitment to uplifting Sri Lanka’s energy infrastructure and community standards with the completion of three upgraded fuel stations and one brand-new Station in Anuradhapura, marking a

Property Investment Roadshow 2026 Home Lands launches 4 brand-new resort apartment projects

Home Lands Property Investment Roadshow 2026 brought together investors, homeowners and industry stakeholders for a full-day showcase to witness the historic launch of Greater Colombo’s four brand-new

Sun Siyam Pasikudah redefines Valentine’s romance with privé escape on east coast

Celebrate an unforgettable Valentine’s escape in the serene splendour of Sri Lanka’s eastern shores at Sun Siyam Pasikudah, a boutique privileged hideaway now reimagined as part of the exclusive Privé

Celebrate love with premium Valentine’s dining experiences at NH Collection Colombo

Celebrating the season of love, NH Collection Colombo presents a thoughtfully curated selection of Valentine’s dining experiences, offering elegant settings and meaningful ways to celebrate with loved ones

Celebrate your love at Hilton Colombo this Valentine’s Day

Hilton Colombo invites guests to celebrate the Valentine’s Day with an assortment of exclusive dining experiences, which will create special romantic memories to be treasured for a lifetime.

Amana Takaful Insurance relaunches unified mobile app

Amana Takaful Insurance PLC has officially relaunched its mobile application, marking a major milestone in the company’s digital transformation journey by bringing both life and general insurance services into a single, fully-integrated digital platform.

Alternate Financial Institutions Association appoints new board

The Association of Alternate Financial Institutions (AAFI) appointed its new board for the year 2026/2027, at the Annual General Meeting held recently.

Colombo bourse ends marginally lower amid sideways trading

The Colombo stock market concluded today’s session with marginal losses, as the indices moved within a narrow 76-point intraday range, reflecting thin and mildly volatile trading conditions. Turnover and volume improved compared to recent sessions, supported by a pickup in block trades which helped lift overall market activity.

SL briefs bondholders on US $ 7.6bn restructured debt in global investor call

The Finance, Planning and Economic Development Ministry concluded a formal briefing yesterday for the international investors, marking a key milestone in the country’s post-restructuring financial transparency.

Govt. kicks off stakeholder talks on tariff overhaul to support industry, exports

The government, this week, launched stakeholder consultations on a proposed overhaul of its tariff structure, a reform the government said is aimed at strengthening domestic production, improving trade efficiency and supporting export-led growth under Budget 2026.

Cargills reports strong 3Q performance

The Cargills group reported a strong financial performance for the third quarter of the 2025/26 financial year, demonstrating resilience, despite the severe weather disruptions experienced across Sri Lanka during the period. The group revenue for the quarter reached Rs.70.8 billion, reflecting a 14.5 percent year-on-year (YoY) increase, while the EBITDA grew 29 percent to Rs.7.3 billion. Profit after tax (PAT) rose 79.3 percent to Rs.2.9 billion,

Sunshine Holdings profit falls despite 8% revenue growth as healthcare margins tighten

Sunshine Holdings’ latest nine-month results show a group still growing revenues but facing a more complicated earnings picture beneath the headline numbers.

Indices close in green

The ASPI edged up as a result of price gains in counters such as Nawaloka Hospitals, Central Finance Company and Cargills with the turnover crossing Rs. 3.3 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Samson International,

Short end of yield curve sees buying interest

The Public Debt Management Office concluded its weekly T-bill auction where Rs.90.0 billion was raised, accepting the fully offered amount.

SLT-Mobitel recognises partners and expands SME network at ‘Joining Forces 25’

SLT-Mobitel Enterprise reinforced its commitment to empowering SME businesses at ‘Joining Forces 25’ – SME Partnership Recognition & Onboarding Ceremony,’ held at Amari Colombo recently.

Control Union launches 28th Global Testing Laboratory in Sri Lanka

Control Union Sri Lanka has officially opened its new analytical laboratory, marking a significant milestone as the 28th laboratory within the global Control Union network and the first PCR-based food testing laboratory in the country.

BYD strengthens after-sales network opening Body and Paint Center

In the wake of surging demand for New Energy Vehicles (NEVs) in Sri Lanka, BYD and its authorized distributor John Keells CG Auto have opened the country’s largest purpose-built body shop and accident repair centre dedicated exclusively to BYD, and their premium sub-brand DENZA.