GRI wins MHI Innovation Award in USA

GRI (Global Rubber Industries), a Sri Lankan company, has achieved a remarkable milestone by winning the MHI Innovation Award for Best Innovation in Sustainability at ProMat 2025, held in Chicago, USA.

Kahawatte Plantations wins Gold at Asia-Pacific Tea Competition 2025

Alongside Sri Lanka’s leading tea plantations, Kahawatte Plantations has upheld the legacy of Ceylon Tea, earning global recognition and success.

LOLC Divi Saviya returns with ‘Obai Mamai Ape Ratai’

LOLC Divi Saviya has long stood as a symbol of compassion and solidarity, stepping forward whenever Sri Lanka and its people face moments of hardship.

SITC Campus donates Rs. 1 mn to ‘Rebuild Sri Lanka’ Fund

In a significant gesture of national solidarity, SITC Campus CEO Cader Rahmathulla has contributed Rs. 1,000,000.00 to the government’s ‘Rebuild Sri Lanka’ Fund, supporting relief and recovery efforts following the devastation caused by Cyclone Ditwah.

Women Entrepreneur Awards 2025 to be unveiled on January 13

The Women’s Chamber of Industry and Commerce (WCIC) will host its annual flagship event, WCIC Prathibhabhisheka – Women Entrepreneur Awards 2025, on January 13 at the Colombo Hilton.

Port City Colombo enters new era of commercial operations, vertical development

CHEC Port City Colombo (Pvt) Ltd., the master developer of Port City Colombo, reaffirms its commitment to attracting Foreign Direct Investments into Sri Lanka, and delivering further infrastructure milestones, as the project enters a new era of commercial operations and vertical development.

Sri Lanka secures multiple awards at Asia Pacific’s Premier ICT Competition

Sri Lanka has reaffirmed its rising prominence in the regional technology landscape by securing multiple awards at the Asia Pacific ICT Alliance (APICTA) Awards 2025 held in Kaohsiung City Taiwan 2025.

Assetline Finance expands with 61st branch in Gampaha

Assetline Finance (AFL) opened its 61st branch in Gampaha recently.

DPMC’s e-Drive excels at Best Corporate Citizen Sustainability Awards

David Pieris Motor Company (Private) Limited (DPMC) was recognised at the Best Corporate Citizen Sustainability Awards organised by the Ceylon Chamber of Commerce, receiving a Merit Certificate for Best Sustainability Project for its pioneering e-Drive Project.

SLASSCOM empowers young innovators through Xcellerate Inter University Hackathon

SLASSCOM marked another milestone during Global Entrepreneurship Week 2025 with the successful conclusion of the Xcellerate Inter University Hackathon 2025, uniting Sri Lanka’s brightest young innovators.

Bank of Ceylon contributes Rs.500mn to Rebuilding Sri Lanka Fund

Bank of Ceylon (BOC) has contributed Rs.500 million to the government’s Rebuilding Sri Lanka Fund, to support the communities affected by Cyclone Ditwah.

Arpico NextGen mattress gains recognition for innovation at PRISL Industry Awards 2025

Arpico, the long-standing frontrunner in Sri Lanka’s mattress industry, recently received the award for Second Runner-Up in the category of Innovative Product of the Year, at the 2025 PRISL Industry Awards.

ComBank-Colonial Motors in year-long partnership to promote Mazda vehicles

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 Colonial Motors (Ceylon) Limited, the authorised agent for Mazda in Sri Lanka, to facilitate the purchase of Mazda vehicles through the bank’s leasing solutions. The collaboration, formalised through a memorandum of understanding, introduces a joint promotional campaign that wi

Hayleys Agriculture Holdings triumphs at Presidential Export Awards 2024/2025 with multiple honours

Hayleys Agriculture Holdings Limited reaffirmed its position as a key driver of Sri Lanka’s export economy after three of its business units were recognised at the prestigious Presidential Export Awards 2024/2025, the highest national honour bestowed on exporters, which took place recently at the BMICH in Colombo.

Siyapatha Finance appoints Mathisha Hewavitharana as CEO

Siyapatha Finance PLC, a leading licensed finance company and the largest fully-owned subsidiary of Sampath Bank PLC, yesterday announced a landmark leadership transition.

JXG recognised for HR excellence at Great HR Awards 2025

JXG (Janashakthi Group) has secured the Runner-Up (Silver) Award in the Finance, Insurance, Real Estate and Investment Sector at Great HR Awards 2025, affirming the group’s sustained commitment to building a people-centric organisation driven by strong HR governance and innovation.

Cartoon of the Day 01-01-2026

Casino entrance levy doubled; gross collection levy raised to 18% from January 2026

The Inland Revenue Department (IRD) has announced revisions to taxes applicable to casino operators and betting and gaming businesses, with effect from January 1, 2026.

Market ends year on a high

The Colombo Stock Exchange (CSE) closed the final trading session of 2025 on a strong note, supported by broad-based gains across both key indices and heightened trading volumes and turnover.

Corporate earnings snap seven-quarter winning streak in September

Sri Lanka’s listed corporates saw their cumulative earnings contract by 11.9 percent year-on-year (YoY) to Rs. 176.5 billion in the quarter ended September 2025, breaking a seven-quarter streak of continuous growth.

SEC completes 24% of strategic roadmap in 14 months

The Securities and Exchange Commission (SEC) announced that it has successfully completed 24 percent of its strategic roadmap within the last 14 months, laying a strong foundation for a comprehensive market overhaul aimed at protecting investors and introducing new financial products.

Galadari hotel project implementation extended by 1 year as rebranding takes shape

Galadari Hotels (Lanka) PLC has entered into a supplementary agreement with the Board of Investment of Sri Lanka to officially extend the implementation period of its refurbishment project by 12 months.

Sri Lanka ready for investment as banking stability anchors recovery: BOC

Sri Lanka’s resilient banking system, strengthening asset classes and improving governance frameworks are creating renewed early-mover opportunities for investors as the country accelerates its economic recovery, Chairman of the Bank of Ceylon (BOC) Kavinda de Zoysa said.

Former JAAF Secretary General Tuli Cooray no more 

Former Joint Apparel Association Forum (JAAF) Secretary General Tuli Cooray has passed away.

SEC grants Softlogic reprieve from trading suspension until August 2026

Softlogic Holdings PLC has secured a significant lifeline as the Securities and Exchange Commission of Sri Lanka (SEC) granted a further deferment on the suspension of trading for its shares until August 31, 2026.

Indices close in green

The ASPI closed in green as a result of price gains in counters such as Colombo Dockyard, Melstacorp and Hatton National Bank with the turnover crossing Rs. 3.4 bn.

Final T-Bond auction for 2025 concludes amid thin trading volumes

The secondary market recorded moderate activity during the session yesterday, although volumes remained thin amid a largely unchanged yield curve, with a mild upward push observed at the belly.

ComBank-Mastercard launch Sri Lanka’s first Dynamic Currency Conversion for online payments

As part of Commercial Bank of Ceylon’s sustained efforts to strengthen tourism-related businesses and improve convenience for foreign travellers, the bank has partnered with Mastercard to introduce Sri Lanka’s first Dynamic Currency Conversion (DCC) capability for online payments, marking a significant milestone in the country’s digital payments landscape.

Credit card outstanding balance chugs along in October

The outstanding credit card balance is chugging along, reflecting that the consumer spending is rising gradually with the relatively modest prices and low interest rates.

Singer unveils Signature by Singer at One Galle Face

Singer Sri Lanka PLC, the nation’s most trusted home and lifestyle brand, announced the launch of Signature by Singer, a premium home and living experience at the Singer Flagship Store, One Galle Face Mall.