Colombo 3 witnesses ‘Lighting Up The Avenue’

The hospitality landscape in Colombo 03 witnessed a warm resurgence on December 10 as The Avenue opened its doors for ‘Lighting Up The Avenue.

Union Bank choir performs at ‘Sounds of the Season’

Union Bank partnered with Port City Colombo and the Sri Lanka Institute of Directors to present ‘Sounds of the Season’, an evening of Christmas Carols in aid of communities affected by Cyclone Ditwah and made possible by the Soul Sounds and Union Bank Choirs with guest performances by Alston Koch and the De Lanerolle Brothers

Hemas Pharmaceuticals launches diabetes screening and awareness with Medihelp Hospitals

Hemas Pharmaceuticals (Pvt) Ltd recently partnered with Medihelp Hospitals and conducted Suwajeewa Diabetes Screening and Awareness Programmes.

One Galle Face celebrates Retail Employees Day

One Galle Face marked ‘Retail Employees Day (RED)’, honouring the dedication, passion, and hard work of the mall’s employees who make the customer experience special day in, day out. Celebrated globally on the 12th of December, RED first began as an initiative in India and has since grown into a movement embraced by over 30 countries.

Regen Renewables completes 450 kW solar power project in Colombo

Regen Renewables (Pvt) Ltd has completed a 450 kW solar power initiative implemented across 47 community, religious, educational, and public service institutions.

HNB Assurance marks major milestones in technological transformation journey

HNB Assurance PLC successfully completed all major phases in its multi-year transformation programme, an integral component of the Technological Transformation Pillar under the company’s SET Framework – (Sales Force Expansion, Exceptional Customer Service and Technological Transformation), introduced in 2022 when the company introduced its strategy to achieve 10 percent market share by 2026.

IQ Global partners with Fonia to launch AI-driven mobile advertising platform

IQ Global, a leading Sri Lankan-based Digital, Tech, and Business Design solutions provider, and global data-driven marketing powerhouse Fonia, have announced a landmark partnership to introduce ‘Fonia Digital’, a cutting-edge AI-powered advertising tool to the Sri Lankan market, effective 1st October 2025.

‘Subway’ and ‘Segafredo’ outlets expand in Sri Lanka

International Lifestyle Brand (Private) Limited announced its expansion in its leading brands Subway Sri Lanka, the American fast-food chainand Segafredo Caffè, Italian Espresso brand while opening novel venues to its food lovers and coffee lovers, indulging themselves in premium and internationalflavoursat affordable prices in the heart of Colombo.

Seaspan and Ceyline Shipping celebrate 20 years of partnership excellence

Seaspan Corporation Pvt. Ltd., the world’s largest independent charter owner and operator of containerships and Ceyline Shipping Limited, Sri Lanka’s market leader in Seafarer Recruitment and Placement Services recently celebrated 20 years of transformative partnership at an event held at Hotel Taj Samudra.

The Body Shop unwraps brand new boutique at OGF Mall

British-born and globally-loved ethical beauty brand The Body Shop celebrates 10 successful years in Sri Lanka with the launch of its new store in the country at One Galle Face Mall in Colombo.

SLICGL powers Colombo Motor Show as ‘Official Insurance Partner’

Sri Lanka Insurance Corporation General Limited (SLICGL) partnered the Colombo Motor Show 2025 as the Official Insurance Partner.

Market extends pullback

The CSE extended its downward trend on Friday, marking another red session amid subdued turnover and lower trading volumes. Investor sentiment remained weak as the market continued to pull back from its All-Time High (ATH), with the ASPI now reflecting a 9.3% correction from peak levels.

SEC targets ‘smartphone generation’ with plans for regulated Digital Assets

The Securities and Exchange Commission of Sri Lanka (SEC) has announced plans to introduce a regulatory framework for “Digital Assets,” aiming to capture the growing interest of tech-savvy youth who

Tourism sector signals rapid recovery post-Ditwah; luxury segment sees strong momentum

Sri Lanka’s hospitality sector is witnessing a swift return to normalcy following the passage of Cyclone Ditwah, with industry leaders confirming that operational disruptions were minimal and booking trends are

Bob Marley tribute reggae festival in March 2026

Sri Lanka will host South Asia’s first three-day reggae music festival, One Love 2026 – A Tribute to Bob Marley, from March 27 to 29, 2026, on the southern coastal town of Bentota.

Sri Lankan business leaders explore strategic opportunities in Cambodia

A Sri Lankan trade delegation recently concluded a strategic mission to Phnom Penh, Cambodia, coinciding with the Cambodia Agriculture Exhibition.

Hela shares transferred to Watch List following auditor disclaimer

Hela Apparel Holdings PLC has seen its shares transferred to the Watch List of the Colombo Stock Exchange (CSE) effective December 12, 2025, after its independent auditors issued a disclaimer of

Sampath Bank plans up to Rs.20 bn Tier 2 capital raise via debentures, green bonds

Sampath Bank said its board has approved a proposal to raise up to Rs. 20 billion (US$67 million) through the issuance of Basel III-compliant Tier 2 capital instruments, according to a stock market disclosure filed

Tea output dips in November

Sri Lanka’s tea production slipped year-on-year in November 2025, even as cumulative output for the first eleven months of the year edged higher, data from the industry showed.

A quiet trading session on low participation

The secondary market confronted a quiet session yesterday with low volumes and limited trading activities.

Indices close in red

The ASPI closed in red as a result of price losses in counters such as Colombo Dockyard, Senkadagala Finance and Richard Pieris & Company with the turnover crossing Rs. 2.3 bn. Meanwhile, the S&P SL20

When banks prosper but SMEs perish: A question of fairness in SL’s recovery

Sri Lanka’s post-crisis recovery narrative contains a growing contradiction that demands national attention.

Civil Appeals Court refuses injunctions with costs – Home Lands continues with Pentara construction

The Civil Appellate High Court of the Western province by order dated December 11, 2025, refused to issue leave to appeal and interim orders against the landmark Pentara Residencies project in Thummulla,

VFS Global launches Malta visa application centre in Sri Lanka

The Malta High Commission in New Delhi and VFS Global, the global leader in trusted technology services empowering secure mobility for governments and citizens, announced the launch of the Malta Visa

HNB strengthens national response to Cyclone Ditwah with Rs.100mn commitment

HNB PLC contributed Rs.100 million towards the Rebuild Sri Lanka Fund, reinforcing its commitment to the national recovery efforts following the devastation caused by Cyclone Ditwah.

Dialog Launches Sri Lanka’s Largest 5G Network, Connecting Over 1.5 Million Subscribers

In a significant step towards advancing Sri Lanka, Dialog Axiata PLC announced the commercial launch of Dialog 5G Ultra, marking a major milestone in the country’s digital evolution and its transition into the 5G

Cargills Bank credit cards: ‘Tapit’ into unbeatable festive and 365-day savings

Cargills Bank is celebrating the season by offering its credit cardholders a spectacular blend of convenience and value, powered by its advanced card suite, which now includes the revolutionary Tapit

David Pieris group expands global footprint with investment in Dubai-based Navire Logistics

The David Pieris group continues to strengthen its international presence with the acquisition of 50 percent ownership in Navire Logistics Services L.L.C, a reputed logistics company based in Dubai and Oman.

Market drifts lower amid cautious trade

The CSE closed lower on Thursday, as the market traded sideways for most of the session amid subdued turnover and lower trading volumes. Investor sentiment remained cautious, with participants closely monitoring the economic impact of the recent cyclone and the pace of recovery across listed entities.

Vehicle registrations slip in November

The number of vehicles registered with the Motor Vehicles Department in November slid to 43,810 units, from 48,081 units in October.