Transforming future of SL’s MSMEs

The micro, small and medium enterprises (MSMEs) are the backbone of the Sri Lanka’s economy, contributing to approximately 52 percent to the nation’s GDP, while employing roughly 45 percent of the

David Pieris Renewable Energy introduces PROJOY and Hoymiles products

David Pieris Renewable Energy (Private) Limited (DPRE), the renewable energy arm of the David Pieris group, strengthened its position in Sri Lanka’s rapidly growing renewable energy sector with the launch of

Cleantech becomes SL’s 1st GP Certified recycler

In a historic development for Sri Lanka’s plastic recycling sector, Cleantech (Pvt.) Ltd, a member of Abans Group of Companies, was the first to earn GP certification for its state-of-the-art recycling plant.

Full occupancy achieved at The Offices at Cinnamon Life

John Keells Properties announced that The Offices at Cinnamon Life, located within the landmark City of Dreams Sri Lanka, has reached full occupancy, along with some floors sold to a diverse portfolio of leading

BOC rings the bell for Sri Lanka’s largest sustainability bond issue in history

The Bank of Ceylon (BOC) marked the listing of its inaugural Basel III–compliant Tier II Sustainability Bond with a bell ringing ceremony at the Colombo Stock Exchange, formally recognizing the largest

ComBank-Hayleys Mobility offer flexible leasing solutions

Committed to elevating customer lifestyles and making the best in mobility accessible to everyone, Commercial Bank of Ceylon has entered into a strategic partnership with Hayleys Fentons Limited to

NDB-IFC further strengthen long-term strategic tie-up on 3 different fronts

National Development Bank PLC (NDB) stated that the bank has further strengthened its strategic partnership with the International Finance Corporation (IFC), a member of the World Bank Group, on three

Colombo market extends decline as sentiment remains subdued

The Colombo stock market closed on a negative note on Thursday, with both benchmark indices ending the session in the red, as investor sentiment remained cautious amid the ongoing consolidation phase.

CB keeps policy rate unchanged at 7.75% as inflation outlook holds

The Central Bank yesterday left its key policy rate, the Overnight Policy Rate (OPR), unchanged at 7.75 percent, while signalling an accommodative monetary stance, as the Monetary Policy Board is of the view the current policy setting is appropriate to steer inflation towards its medium-term target of around 5 percent.

Foreign investments important but forex flows remain priority: CB Governor

Foreign exchange earnings are more critical to Sri Lanka’s macroeconomic stability than foreign investments, Central Bank Governor Dr. Nandalal Weerasinghe said addressing the first Monetary Policy Review for 2026.

John Keells 3Q EBITDA surges 68% to Rs.23.76bn

Premier bluechip John Keells Holdings PLC (JKH) posted a 68 percent jump in third-quarter earnings before interest, tax, depreciation and amortisation (EBITDA) to Rs.23.76 billion, driven by strong momentum across its diversified operations.

IMF urges transparent, reprioritised spending as SL weighs cyclone recovery costs

Sri Lanka’s post-cyclone recovery needs to be carefully calibrated to avoid undermining fiscal and debt sustainability gains secured under its International Monetary Fund (IMF) programme, the IMF said, following a high-level mission to Colombo.

PickMe reports robust 3Q performance overcoming Cyclone Ditwah disruptions

Digital Mobility Solutions Lanka PLC (PickMe) recorded a revenue of Rs.6.2 billion for the first nine months of FY25/26, representing a 50 percent year-on-year (YoY) increase from Rs.4.1 billion in the corresponding period of the previous financial year.

Belgium’s CREDENDO agrees to reschedule SL’s debt in restructuring push

The Finance Ministry yesterday announced the signing of a bilateral agreement with Belgium’s export credit agency CREDENDO, to reschedule a portion of its external debt.

Hela Apparel says subsidiary faces serious loss of capital

Hela Apparel Holdings yesterday disclosed that one of its subsidiaries, Hela Clothing (Private) Limited, is facing a serious loss of capital situation, triggering the provisions under Sri Lanka’s Companies Act.

LVL Energy Fund proposes Rs.507mn rights issue to settle debt

LVL Energy Fund PLC has proposed a rights issue to raise Rs.507.1 million to settle its outstanding debt, the company said in a disclosure to the Colombo Stock Exchange (CSE). The board of directors has approved the issuance of 67.6 million new ordinary voting shares, on the basis of three new shares for every 31 shares held, at an issue price of Rs.7.50 per share.

Indices close on a mixed note

The ASPI closed in green as a result of price gains in counters such as Ceylinco Holdings, Senkadagala Finance and John Keells Holdings with the turnover crossing Rs. 6.9 Bn. Meanwhile, the S&P SL20 edged down. High net worth and institutional investor participation was noted in John Keells Holdings, Prime Lands Residencies and Singhe Hospitals, . Mixed interest was observed in LOLC Holdings, ACL Cables and Co-Operative Insurance Company whilst r

CBSL keeps OPR unchanged whilst secondary market mood remains cautious

The secondary market recorded moderate trading volumes following the CBSL’s decision to maintain the OPR at 7.75 percent.

MullenLowe Group Sri Lanka appoints Harendra Uyanage as Chief Creative Officer

The MullenLowe Group (MLG) Sri Lanka announced the appointment of Harendra Uyanage as Chief Creative Officer (CCO), further strengthening the Group’s creative leadership as it continues to shape culture-led, business-driving brand thinking across categories.

BYD leads Sri Lanka’s brand-new vehicle segment

BYD, together with its authorised distributor John Keells CG Auto, has emerged as the number one brand in the brand-new vehicle segment, marking a new era in sustainable Sri Lankan mobility.

Janashakthi Finance records Rs. 389mn PBT in 3Q26

Janashakthi Finance PLC has announced a strong financial performance for the nine-month period ended 31 December 2025, driven by sustained growth in its core businesses, disciplined execution and continued focus on scale and efficiency.

Browns EV celebrates key milestone in Sri Lanka’s electric mobility journey

Browns EV, the electric mobility arm of Brown & Company PLC under the LOLC Group, marked a defining moment in Sri Lanka’s electric mobility journey with a landmark event held at the Shangri-La Hotel, Colombo.

CICT, WNPS unite to protect sea turtles along Colombo coast

Colombo International Container Terminals (CICT) has entered into a three-year partnership (2025–2028) with the Wildlife and Nature Protection Society (WNPS) under the Turtle and Coastal Health United Programme (TACHUP) to protect sea turtles and restore coastal ecosystems along the Colombo Port City–Mount Lavinia coastline.

Global thought leaders to converge at SLASSCOM People Summit 2026

The SLASSCOM People Summit 2026 is set to bring together some of the most influential global and regional voices in technology, leadership, and human capital, reinforcing SLASSCOM’s commitment to placing people at the heart of Sri Lanka’s digital and innovation-led future.

Altair issues over 100 title deeds post ownership change

Altair Residences have over the past six months seen more than 100 individual title deeds being executed by apartment owners, providing owners with a clear, registered, legal title to their apartments in accordance with Sri Lankan property law.

Allianz ranked World’s No. 1 Insurance Brand again

Allianz has once again been recognized as the World’s No. 1 Insurance Brand in the Interbrand Best Global Brands 2025 ranking, marking its seventh consecutive year at the top. This year, Allianz achieved its highest-ever brand value and strongest growth in history, increasing by 20 percent from US$ 23.5 billion to US$ 28.2 billion, and rising two places to #27 globally.

ASPI edges higher as profit-taking keeps market range-bound

The Colombo stock market closed on a mixed note today, with the All Share Price Index (ASPI) ending marginally higher, while the S&P SL20 edged slightly lower. Overall sentiment remained subdued, as profit-taking continued to dominate trading activity, keeping the market in a consolidation phase near all-time high levels without a clear directional trend.

New study flags US$ 1.6bn export shock despite government trade talk optimism

A new study has sounded the alarm on Sri Lanka›s export prospects, revealing that the country faces a potential loss of US$ 1.62 billion in exports to the United States in 2026 due to escalating trade policy distortions.

Apparel exports top US$ 5bn in 2025

​Sri Lanka’s apparel exports extended their recovery in December 2025, closing the year above the US$ 5 billion mark. The performance was supported by steady demand from core Western markets even as shipments to non-traditional destinations softened, industry data showed.

Tourist arrivals swell over 9% in first three weeks of January as sector shakes off Ditwah impact

Sri Lanka’s tourism industry has recorded a robust start to 2026, welcoming 194,553 international visitors during the first 22 days of January.