Sampath Bank secures Central Bank nod for wealth management subsidiary

Sampath Bank PLC announced that it has received approval from the Central Bank of Sri Lanka to enter the wealth management business through a wholly owned subsidiary.

Tess Agro to raise Rs. 250mn via debentures and warrants for debt restructuring

Tess Agro PLC has announced plans to raise Rs. 250 million through a debenture issue coupled with warrants, signalling a strategic move to restructure its balance sheet and fund diversification initiatives.

Indices close in green

The ASPI edged up as a result of price gains in counters such as John Keells Holdings, Hayleys and Colombo Dockyard with the turnover crossing Rs. 5.2 bn.

Secondary market stalls ahead of policy decision

The secondary market was brought to a standstill yesterday as investors embraced a wait and see approach given the impending policy decision today and the bond auction that is set to take place on the 29th of January.

ComBank to boost WSME, agri SME financing with IFC’s US $ 60mn risk sharing facility

Reinforcing its position as Sri Lanka’s largest lender to small and medium enterprises (SMEs), Commercial Bank of Ceylon has partnered with the International Finance Corporation (IFC), a member of the World Bank Group, to significantly expand the bank’s capacity to lend SMEs nationwide.

United Motors launches Mitsubishi Destinator

United Motors Lanka PLC, the sole authorised distributor of Mitsubishi in Sri Lanka, launched the all-new Mitsubishi Destinator.

Darley Butler raises stake in York Arcade Holdings above 10%

York Arcade Holdings PLC disclosed that Darley Butler & Company Limited has increased its stake in the company beyond the 10 percent threshold, following a series of market transactions on January 23, 2026.

Bajaj receives Superbrands status

Bajaj has been conferred the prestigious Superbrands Sri Lanka Status for 2025, marking a significant milestone in the brand’s journey in the Sri Lankan market.

Pussalla Meat Producers’ microbiology lab receives formal accreditation

Pussalla Meat Producers (Pvt.) Ltd has reached a historic milestone in the nation’s food safety landscape, becoming the first organisation in Sri Lanka’s livestock sector to receive formal accreditation for its microbiology laboratory.

AIA Group Chief Executive and President Lee Yuan Siong pledges continued support to Sri Lanka during recent visit

AIA Insurance Lanka was honoured to host Lee Yuan Siong, Executive Director, Group Chief Executive and President of AIA Group, during his official visit to Sri Lanka.

From crowds to class: To increase revenue, don’t drive arrivals – Change market mix

Recently, the arrivals to the country exceeded the earlier threshold, breaking a record. Yet, the debate around the future direction of the country’s tourism model has become increasingly polarised, especially between those advocating high-value generation (quality) vs. high arrival numbers (quantity).

Motha receives Superbrands recognition

In 2025, Motha proudly joined a rare circle by being awarded the prestigious Superbrands title, as recognised by LMD – Media Services (Pvt.) Ltd.

Brandix Corporate Campus invests in A/L students

Brandix Corporate Campus (BCC), Sri Lanka’s premier apparel-focused higher education institute, launched a comprehensive scholarship and student support framework for post-Advanced Level students, aimed at widening the talent pool and raising the calibre of students entering the apparel industry.

Adani-JKH West Terminal outpaces state-run ECT in 2025 race

A tale of contrasting velocities has emerged in the Port of Colombo, with the private sector-led Colombo West International Terminal (CWIT) rapidly outpacing the state-managed East Container Terminal (ECT) in 2025, prompting renewed calls from industry heavyweights to open the latter for private investment.

Sri Lanka exports top US $ 17.2bn in 2025

Sri Lanka’s export earnings surpassed US $ 17.2 billion in 2025, extending the recovery in external trade as merchandise and services exports posted broad-based gains, according to the data compiled by Sri Lanka Customs and the Export Development Board (EDB).

Mass tourism alone won’t boost Sri Lanka’s economy: Ex-UNEP Chief

Former United Nations Environment Programme (UNEP) Executive Director Eric Solheim asserted that Sri Lanka must look beyond visitor numbers and focus on pricing its unique environmental assets higher to drive economic growth.

Ambeon Capital to acquire 51.1% stake in Harischandra Mills

Ambeon Capital PLC said it has entered into an agreement to acquire a controlling stake in Harischandra Mills PLC, marking a significant move in Sri Lanka’s listed consumer goods space.

Indices close on a mixed note

The ASPI edged down as a result of price losses in counters such as Sampath Bank, Richard Pieris & Company and DFCC Bank with the turnover crossing Rs. 5.4 Bn. Meanwhile, the S&P SL20 closed in green. High net worth and institutional investor participation was noted in LOLC Holdings, Cargills, Brown & Company, . Mixed interest was observed in Colombo Dockyard, Browns Investments and Ambeon Capital whilst retail interest was noted in SMB Leasing,

Short-end selling and long-end buying shape yield curve dynamics

As the final week of January-2026 began, the secondary market registered limited trading activities with moderate trading volumes.

Seylan Bank accelerates climate action by joining global Carbon Accounting Partnership (PCAF)

Seylan Bank PLC recently joined the Partnership for Carbon Accounting Financials (PCAF), officially strengthening its commitment to sustainability and transparent climate reporting. With this step, Seylan Bank became one of the leading financial institutions in Sri Lanka to align with an internationally recognized framework for measuring and disclosing financed greenhouse gas (GHG) emissions.

Sampath Bank marks 9th tank restoration of 2025 under ‘Wewata Jeewayak’ with Dewagiriya Wewa project

Sampath Bank recently marked the commencement of restoration work at Dewagiriya Wewa in Melsiripura, attended by Chairman Harsha Amarasekera, further strengthening the Bank’s long-standing commitment to safeguarding Sri Lanka’s rural irrigation heritage through the ‘Wewata Jeewayak’ tank restoration programme. The initiative is expected to benefit farming families in the area, supporting agricultural activities and daily water needs across multip

HSBC kicks off ‘Clean Waterways’

HSBC is gearing up to launch ‘Clean Waterways’ in partnership with the Beira Lake Restoration Task Force that was convened by the Governor of the Western Province.

Janashakthi Finance appoints Indresh as CFO

Janashakthi Finance PLC, formerly known as Orient Finance PLC and a subsidiary of JXG (the Janashakthi group), announced the appointment of Indresh Puvimanasinghe Fernando as its Chief Financial Officer (CFO).

Groundworth launches exclusive land and luxury housing development ‘The Estate’

Groundworth (Pvt) announced the official launch of “The Estate”, an exclusive land and luxury housing development located about 700 meters from Vidyalaya Junction, Hokandara. Crafted for families, investors, and professionals, the project delivers unmatched convenience, modern living, and long-term value.

First Capital Investor Symposium explores Sri Lanka’s economic outlook for 2026

First Capital Holdings PLC, a subsidiary of JXG (Janashakthi Group) hosted the 12th Edition of its First Capital Investor Symposium on January 22, at Cinnamon Life, Colombo.

SLID–ACCA Awards tomorrow

The Sri Lanka Institute of Directors (SLID), in partnership with ACCA, will host the inaugural SLID–ACCA National Corporate Director Awards 2025 on January 28 at Cinnamon Grand Colombo, commencing at 6.30 p.m.

SCU brings Bachelor of Business to Lankan students at NSBM Green University

Southern Cross University (SCU), one of Australia’s leading public universities, in partnership with NSBM Green University, is opening doors for Sri Lankan students to earn a globally recognised Australian Bachelor of Business - right here at home.

DIMO Healthcare brings advanced ZEISS Ophthalmology technologies to Ninewells Eye

Ninewells Hospital has opened Ninewells Eye, a state-of-the-art eye clinic aimed at enhancing access to advanced ophthalmic care.

ASAC introduces ShareRegister.lk purpose-built digital platform

ASAC (Ananda Sirisena & Co), a registered firm of practicing company secretaries with over three decades of experience, has announced the development of ShareRegister.lk, a purpose-built digital platform designed to modernise the way companies manage and maintain share registers.

Colombo Academy of Hospitality Management launches Junior Chef Competition

The Colombo Academy of Hospitality Management (Pvt) Ltd. (CAHM), Sri Lanka’s private hospitality and culinary training institute located at the SLIIT main Campus Malabe, has officially launched the CAHM7-Star Junior Chef Competition – Season 01.