Hutch launches Sri Lanka’s first ‘sustainability centric’ brand retail spaces

Hutch Sri Lanka is redefining the country’s retail landscape with the launch of its Signature outletsdesignedat core by sustainability thinking to modern retailing and servicing.

Seylan Bank elevates customer convenience with digital and self-service options

Seylan Bank continues its commitment to offer an expansive portfolio of 24/7 mobile, self-service, and everyday banking solutions.

Sri Lanka showcases investment, trade and tourism potential at FICAC South Asia meet

The government is working tirelessly with international partners to position Sri Lanka as a credible regional and global hub that fosters peace, partnerships and shared prosperity, Prime Minister Dr. Harini Amarasuriya said recently.

hSenidBiz achieves US$ 5m ARR and profitability milestone

hSenid Business Solutions PLC (hSenidBiz) announced its financial results for the third quarter of FY2026, marking a transformative period as the company achieved profitability and surpassed the US$ 5 million exit ARR milestone. Total revenue for the quarter reached Rs. 547.6 million, reflecting year-over-year growth of 27 percent in LKR terms and 23 percent in US$ constant currency terms.

HNB Assurance wins ‘Best Health Insurance Coverage of the Year - Sri Lanka’ ICC award

HNB Assurance PLC was recognized as the Best Health Insurance Coverage Provider of the Year – Sri Lanka, at the awards ceremony organized by the Indian Chamber of Commerce (ICC).

Ministry of Brands to become Sri Lanka’s first off-price retailer

Sri Lanka’s retail landscape will reach a major milestone with the launch of Ministry of Brands (MOB), the country’s first off-price retailer. The flagship store is set to open on 16 February 2026, introducing Sri Lankan consumers to authentic global luxury and premium brands at discounts of up to 90% off original retail prices.

Virtusa and Wiley form multi-year partnership for technology transformation

Virtusa Corporation and Wiley, a global leader in authoritative content and research intelligence for the advancement of scientific discovery, innovation, and learning, today announced a multi-year managed services partnership under which Virtusa will provide infrastructure and application services and support Wiley’s strategic technology initiatives.

JKH eyes new resort project as tourism rebound fuels demand

John Keells Holdings (JKH) is evaluating the feasibility of constructing a new resort on its undeveloped land bank, as the country’s tourism sector stages a robust recovery with the arrival numbers projected to hit record highs in early 2026.

Equities close in the green on narrow gains

The Colombo stock market closed today’s session with marginal gains, as both indices moved sideways within a narrow 80-point intraday range, reflecting mild volatility and a lack of clear directional momentum. Overall turnover and volume remained below average levels, while the absence of notable block trades signaled a cautious, wait-and-see stance among value investors amid the ongoing December quarter earnings season.

SME Chamber proposes Rs. 300bn ‘Bad Bank’ to tackle toxic loans

The Sri Lanka Chamber of Small and Medium Industries (SLCSMI) has unveiled a comprehensive blueprint for a Rs. 300 billion “Bad Bank” to rescue the nation’s embattled small and medium enterprise (SME) sector.

Banking sector led SL’s stock market surges in 2025: Almas Equities Research

Sri Lanka’s stock market rally in 2025 was driven largely by heavyweight counters rather than broad-based gains, with banking stocks emerging as the single biggest force behind the benchmark index’s advance, highlighted Almas Equities Research.

IMF awards Talal Rafi for most popular Public Finance Article of 2025

The International Monetary Fund (IMF) has awarded economist Talal Rafi for the Most Popular Public Finance Article of 2025 for its Public Financial Management (PFM) Blog, recognising the global reach, policy relevance, and impact of his contribution to the IMF’s Public Financial Management (PFM) discourse.

Kotagala Plantations to divest 31% stake in Imperial Hotels

Kotagala Plantations PLC announced a strategic divestment of its 31.15 percent stake in Imperial Hotels Ltd., selling 4.5 million shares to Consolidated Tea Plantations Ltd. (CTPL) for Rs. 219.2 million.

Fitch assigns Aitken Spence Hotel Holdings first-time ‘AA+(lka)’/stable

Fitch Ratings has assigned Aitken Spence Hotel Holdings PLC (ASHH) a National Long-Term Rating of ‘AA+(lka)’. The Outlook is Stable.

Tokyo Cement sees demand recovery boost volumes

Tokyo Cement Group posted a sharp pickup in third-quarter revenue, riding a recovery in construction activity, though profitability came under pressure from pricing adjustments, higher input costs and the financial impact of recent expansion investments.

Indices continue to close in red

The ASPI closed in red as a result of price losses in counters such as Senkadagala Finance, Cargills and Dialog Axiata with the turnover crossing Rs. 3.5 bn.

Mid-to-long tenures command sustained interest

Yesterday marked persistence in buying interest, particularly for mid-to-long tenure maturities. This in turn prompted a modest downward adjustment in the yield curve.

Sri Lanka’s retail goes green Ecolabel programme enters shopping malls and supermarkets

Sri Lanka’s retail sector is stepping into a new sustainability era with the launch of the country’s first environmental certification scheme tailored specifically for shopping malls and supermarkets.

Brandix ranked among Top 10 Best Employers

Brandix was recently recognised among the Top 10 Best Employers at the Employers’ Federation of Ceylon (EFC), National Best Employer Awards 2025, held recently in Colombo.

Hayleys holds Chairman’s Awards 2025

Hayleys Group celebrated the groundbreaking achievements of its teams at Chairman’s Awards 2025, recognising national firsts that advance global priorities in energy transition, food security, resilience and social impact.

LOLC Finance secures ISO 14064-1 certification again

LOLC Finance PLC has reaffirmed its strong commitment to environmental stewardship by successfully renewing its ISO 14064-1 Greenhouse Gas Verification Certificate for the third consecutive year.

Nissan launches all-new Almera in Sri Lanka

Associated Motorways (Private) Limited (AMW), the sole authorised distributor for Nissan in Sri Lanka, officially unveiled the all-new Nissan Almera at a special launch event held at the Nissan Showroom in Union Place, Colombo.

SLT-Mobitel Mobile-Fairfirst unveil first-ever mobile billing-enabled motor insurance

SLT‑Mobitel Mobile and Fairfirst Insurance have unveiled the nation’s first-ever mobile billing solution for motor insurance, a historic milestone for the country’s telecommunications and insurance sectors.

Women Parliamentarians’ Caucus focuses on work of National Commission on Women

Extensive discussions were held at the Women Parliamentarians’ Caucus regarding the expedited implementation of the functions of the National Commission on Women.

Sri Lanka’s pharmaceutical crossroads: A call for quality, structural reform and industry dialogue

In the complex ecosystem of national healthcare, the pill a patient swallows is the final link in a long, often invisible chain of science, manufacturing logistics and regulation.

CIMA Sri Lanka’s enduring commitment to professional excellence

CIMA’s recent recognition as a Superbrand in Sri Lanka is more than an accolade – it is a testament to the trust, credibility and impact we have built over six decades. It honours our long‑standing commitment to developing world‑class finance and business talent.

NDB renews membership with Parenthood Global Association

NDB Bank has renewed its membership with the Parenthood Global Association for the second consecutive year, reaffirming its strong commitment to fostering a workplace culture that supports, empowers and understands the needs of working parents.

ADB appoints Shannon Cowlin as new Country Director for Sri Lanka

The Asian Development Bank (ADB) has appointed Shannon Cowlin as its new Country Director for Sri Lanka. She assumed office in Colombo yesterday.

Event industry gets policy boost as Industries Min. forms first dedicated advisory council

Sri Lanka is giving its event management industry a major boost, with the launch of a 25-member advisory council under the Industries Ministry, marking the first time the sector has its own dedicated policy forum.

Sri Lanka secures nearly US $ 1.5bn in foreign financing in 2025

Sri Lanka secured approximately US $ 1.48 billion in foreign development financing during the financial year ending December 31, 2025, as the major multilateral partners ramped up budget support to stabilise the economy and respond to the devastating impact of Cyclone Ditwah.