Sri Lanka - Germany Business Council holds 26th Annual General Meeting

The 26th Annual General Meeting (AGM) of the Sri Lanka–Germany Business Council (SLGBC) took place at Hilton Colombo Residences recently.

Megakem launches ‘Megaproof Hi-Build’

Megakem Engineering (Pvt) Ltd., a subsidiary of Wardena Venture Holdings, recently unveiled ‘Megaproof Hi-Build’, a new high-build elastomeric waterproofing coating, at a formal launch event held at the Bandaranaike Memorial International Conference Hall (BMICH) on January 8.

NTB secures up to US $ 70mn IFC debt financing package

Becomes first bank in Sri Lanka to secure post-crisis multilateral debt funding through IFC

Softlogic Life secures US $ 15mn from Norfund and OP Finnfund

Sets up growth roadmap with long-term capital from Norfund and OP Finnfund Global Impact Fund I Sri Lanka’s top-notch insurer Softlogic Life Insurance PLC has secured a US $ 15 million landmark five-year Tier 2 loan facility from Norfund and OP Finnfund Global Impact Fund I.

Fairway Holdings launches 7th luxury apartment project ‘Fairway Latitude’

Condominium developer Fairway Holdings celebrated the launch of its 7th apartment project, Fairway Latitude, on January 20 at Cinnamon Life.

Home Lands rewards high performers with brand new vehicles

Real estate developer Home Lands has always believed that its greatest strength lies in its people. The dedication, passion, and commitment of the Home Lands team are what drive the company forward, and this year too, the organization celebrated those who consistently go above and beyond.

HNB Assurance recognized among SL’s Best 20 Workplaces for Women 2025

HNB Assurance PLC was recognized among Sri Lanka’s Best 20 Workplaces for Women 2025 by Great Place to Work Sri Lanka, for the company’s long-standing commitment to fostering an empowering workplace for women. Over the years, HNB Assurance has introduced several progressive initiatives to support women at different life and career stages, including flexible work arrangements, caregiver and maternity support, leadership development programs, and p

Richard Pieris Finance strengthens senior citizen savings with monthly interest fixed deposits

At a time when predictable income and financial security are critical for retirees, Richard Pieris Finance Limited has enhanced its senior citizen fixed deposit offering with a strong emphasis on monthly interest payouts, enabling depositors to receive a regular, dependable income stream while preserving their capital.

Vonlan Lanka wins Presidential Environmental Gold Award

Vonlan Lanka (Pvt) Ltd, Yatiyantota, has been awarded the Gold Award in the CIB Category at the Presidential Environmental Awards Ceremony organised by the Central Environmental Authority of Sri Lanka.

Indra Traders launches ‘Athwela’ with Bank of Ceylon

Indra Traders recently introduced a special program titled ‘Athwela’ in collaboration with the Bank of Ceylon (BOC). The program was designed with a primary focus on customer convenience, aiming to provide essential support by simplifying the financial challenges often associated with vehicle purchasing and servicing. This initiative is regarded as a further strengthening of the trust and relationships Indra Traders has built over its decades of

StanChart sees SL’s rating outlook turning ‘positive’ this year

Sri Lanka is likely to see its sovereign rating outlook upgraded from ‘Stable’ to ‘Positive’ later this year, setting the stage for a potential full credit rating upgrade in 2027 as the island nation continues to outperform key fiscal and debt targets set by the International Monetary Fund (IMF), Standard Chartered Bank said.

Unit Trust industry surpasses Rs. 587bn as investor appetite shifts to growth

Sri Lanka’s unit trust industry ended 2025 on a strong note, with assets under management (AUM) rising 7.8 percent year-on-year to Rs. 587 billion, according to the Unit Trust Association of Sri Lanka (UTASL).

New funding window opens for SL’s climate loss and damage

Sri Lanka has been presented with a fresh opportunity to access global support for climate-related loss and damage, as the newly operational Loss and Damage Fund opened its first call for funding, creating a formal pathway for vulnerable countries facing intensifying extreme weather events.

Daily Mirror’s Nishel Fernando wins Business and Finance Journalist of the Year 2024

Mirror Business Senior Journalist Nishel Fernando last evening won the Business and Finance Journalist of the Year – 2024 (English) award at the Journalism Awards for Excellence, the industry’s flagship annual awards organised by the Editors’ Guild of Sri Lanka.

Indices close on a mixed note

The ASPI edged down as a result of price losses in counters such as Senkadagala Finance, John Keells Holdings and Bukit Darah with the turnover crossing Rs. 5.1 Bn. Meanwhile, the S&P SL20 edged up.

The secondary market sees buying interest amidst steady yields

The secondary market saw some buying interest amid moderate volumes, with trades executing from mid-to-long-term maturities. The yields held steady across all the tenors.

Chartered Accountant Tishan Subasinghe takes reins as 28th CA Sri Lanka President

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) ushered in a new era of leadership with the formal induction of Tishan Subasinghe as its 28th President.

HNB-MarxPay introduce Pay by Bank Account feature via JustPay Web

HNB PLC announced its partnership with MarxPay and LankaPay to introduce Pay by Bank Account feature via JustPay Web, enabling customers to make online payments directly from their bank accounts, instead of using credit or debit cards.

ITC Ratnadipa receives SLTDA 5-Star classification

ITC Ratnadipa announced that it has been awarded the coveted 5-Star Classification Certificate by the Sri Lanka Tourism Development Authority (SLTDA), reaffirming its commitment to delivering world-class hospitality and sustainable luxury.

Mercantile Investments expands reach to 90 branches

Mercantile Investments & Finance PLC, one of Sri Lanka’s most trusted non‑bank financial institutions with a legacy of over 60 years, expanded its footprint to 90 branches by December, reiterating a commitment to accessibility, customer convenience and community empowerment.

Rise with SHAPE Asia campaign launched to curb unhealthy food marketing

The Rise with SHAPE Asia campaign, a regional advocacy initiative by SHAPE Asia and the Institute of Policy Studies (IPS) of Sri Lanka, was launched recently in Colombo, with the support of the International Development Research Centre (IDRC) of Canada.

CMA IR and Sustainability Accounting Standards Workshop on Jan. 22

The Institute of Certified Management Accountants of Sri Lanka (CMA Sri Lanka) will host an Integrated Reporting and Sustainability Accounting Standards Workshop, under the distinguished patronage of International Federation of Accountants (IFAC) President Jean Bouquot, on Thursday, January 22, 2026, from 8:00 a.m. to 1:30 p.m., at Mahogany Ballroom, Cinnamon Grand, Colombo,

DFCC Aloka champions women entrepreneurs

DFCC Bank, through its women-focused proposition DFCC Aloka, continued its long-standing support for women-led entrepreneurship by partnering with the Women’s Chamber of Industry and Commerce (WCIC) as Diamond Sponsor and Official Banking Partner of Prathibhabhisheka - Women Entrepreneur Awards 2025, held at Hilton Colombo.

Tokyo Super earns Superbands status

Tokyo Super Cement, flagship brand of the Tokyo Cement Group, has been awarded the coveted Superbrands status for 2025 in recognition of its outstanding commitment to quality, innovation and performance excellence.

Sampath Bank strengthens women entrepreneurs

Sampath Bank PLC continues to further its role as a catalyst for inclusive economic growth with the 200 Women Startups Development Programme, which was launched under its flagship Sampath Saviya Entrepreneurship Development Programme.

First Capital Holdings recognised at CMA Excellence in Integrated Reporting Awards

First Capital Holdings PLC, a subsidiary of JXG (Janashakthi Group) and a pioneering full-service investment institution, has been recognised for its excellence in integrated reporting at CMA Excellence in Integrated Reporting Awards 2025.

Market ends mixed as investors await earnings clarity

The Colombo Stock Exchange closed the session on a mixed note, with the ASPI edging lower while the S&P SL20 posted marginal gains, highlighting the lack of a clear market direction.

Tourism data reset lifts leisure share above 70% in December

Sri Lanka’s tourism sector recorded a massive statistical jump in leisure travellers in December 2025 compared to the previous year, a shift driven by both genuine demand and a significant rectification of data classification issues that had obscured visitor profiles in 2024.

UK trade rule shift gives Sri Lanka apparel exporters freer hand on sourcing

A recalibration of Britain’s post-Brexit trade preferences is set to materially alter how Sri Lanka’s exporters, particularly the apparel manufacturers, structure their production and sourcing, highlighting a shift from tariff relief to supply-chain flexibility as the core trade advantage.

Browns Beach Hotels to delist from CSE

The board of directors of Browns Beach Hotels PLC (BBH) has resolved to delist the company’s shares from the official list of the Colombo Stock Exchange (CSE), according to a corporate disclosure filed yesterday. The move, approved by the board yesterday, is subject to obtaining the necessary shareholder and regulatory approvals.