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.

SEC ropes in CID and FIU to battle capital market scams

The Securities and Exchange Commission of Sri Lanka (SEC) has announced a strengthened collaborative mechanism with the Criminal Investigation Department (CID) and Financial Intelligence Unit (FIU) of the Central Bank to combat a rising wave of sophisticated financial scams targeting capital market investors.

WealthTrust Securities IPO oversubscribed within minutes

The initial public offering (IPO) of WealthTrust Securities Limited (WTS) was oversubscribed within minutes, prompting closure at 4:30 p.m.

Jaffna trade fair to host 400 exhibitors in Jan. 2026

The Jaffna International Trade Fair (JITF), Northern Sri Lanka’s largest multitrade exhibition, would be held from January 23 to 25, 2026, marking its 16th consecutive year as a key commercial platform for the region, the organisers said.

Impact cases to Industry Disaster Support Centre continue to mount

The Industry Disaster Support Centre (IDSC) continues to receive impact cases from the enterprises affected by Cyclone Ditwah, with nearly 30,000 cases logged, conveying the widespread impact on the country’s industrial sector.

Banks agree to grant loan moratorium to enterprises affected by Ditwah

The banks have agreed to grant a loan moratorium to the enterprises affected by Cyclone Ditwah, the Industry Ministry said yesterday.

Indices close in red

The ASPI edged down as a result of price losses in counters such as Commercial Bank, DFCC Bank and Richard Pieris & Company with the turnover crossing Rs. 3.3 Bn.

A moderate trading session amidst a slight downtrend in yields

The secondary market drifted through a session where the volumes stood at moderate levels, with investor sentiment demonstrating a slight gravitation towards buying.

Viet Nam trade delegation signals timely investment momentum for SL’s post-cyclone recovery

The Ceylon Chamber of Commerce and Embassy of Viet Nam in Sri Lanka co-organised the Viet Nam-Sri Lanka Business Forum recently, in conjunction with the third Viet Nam-Sri Lanka Subcommittee on Trade co-chaired by Viet Nam Industry and Trade Deputy Minister Phan Thi Thang and Sri Lanka Trade, Commerce, Food Security and Co-operative Development Ministry Secretary K.A. Vimalenthirarajah.

Uber marks 10 years in Sri Lanka

Uber marked 10 years of operations in Sri Lanka, a decade in which the platform has reshaped how people commute and how thousands of Sri Lankans earn a livelihood.

DSI Samson Group-MEPA launch mangrove conservation initiative

DSI Samson Group formally signed a memorandum of understanding (MoU) with the Marine Environment Protection Authority (MEPA) to launch a nationwide mangrove conservation initiative.

Hambantota International Port marks maiden visit of Mein Schiff 6

The Hambantota International Port (HIP) welcomed Mein Schiff 6 on its maiden call at the port on December 3, marking another significant step in the port’s growing prominence as a South Asian cruise destination. The Malta-flagged, 2017-built vessel, measuring 295.17 metres, arrived from Colombo with 2289 passengers and 950 crew on board.

Nihon Kohden-Hemas Surgicals introduce next-gen Cereb Air EEG technology

Nihon Kohden Singapore, a leading global medical device manufacturer from Japan, together with its local partner Hemas Surgicals and Diagnostics Limited, introduced the Cereb Air, a next-generation EEG monitoring solution, at the Annual Scientific Conference of the Sri Lanka College of Emergency Physicians (SLCEP).

HNB-PRIME EV accelerate Sri Lanka’s shift to DEEPAL vehicles

HNB PLC announced a partnership with PRIME EV Automobiles (Pvt.) Ltd, a subsidiary of Senok Trade Combine (Pvt.) Ltd, to expand access to DEEPAL brand electric vehicles in Sri Lanka.

Asoka Hettigoda elected THASL President

Asoka Hettigoda, Chairman of the Hettigoda Group of Companies, was unanimously elected as the President of The Hotels Association of Sri Lanka (THASL) at the Association’s Annual General Meeting for 2025, held at Cinnamon Life – City of Dreams.

DMASL reviews performance; unveils strategic roadmap for 2026

The Digital Marketing Association of Sri Lanka (DMASL) reviewed its annual performance and unveiled its Strategic Roadmap for 2026 following its Annual General Meeting (AGM) 2025, held on 10th December at the Radisson Hotel, Colombo. The AGM presented a comprehensive review of the Association’s activities during the year, along with the audited financial statements, which confirmed that DMASL recorded its strongest financial performance to date.

ComBank partners with Overseas Realty to offer home loans for Mireka Seascape buyers

Commercial Bank of Ceylon has signed a Memorandum of Understanding (MoU) with Overseas Realty (Ceylon) PLC, to provide tailor-made home loan facilities for buyers of condominium units at Mireka Seascape, the company’s latest development.

Evolution Auto launches Riddara RD6 Active

Evolution Auto officially announced the launch of the Riddara RD6 Active, the country’s latest all-electric double-cab pickup, which was unveiled at the BMICH Motor Show.

Janashakthi Finance appoints Sithambaram Sri Ganendran as CEO

Janashakthi Finance PLC, formerly known as Orient Finance PLC and a subsidiary of JXG (Janashakthi Group), announced the appointment of Sithambaram Sri Ganendran as the Chief Executive Officer.

Home Lands crowned ‘Best Developer Sri Lanka’ for third consecutive year

Home Lands has once again solidified its position as Sri Lanka’s number one real estate developer, achieving a historic milestone at the PropertyGuru Asia Property Awards 2025, held in Bangkok, Thailand on December 12. The company was crowned “Best Developer, Sri Lanka” for the third consecutive year, reaffirming its unmatched leadership in the nation’s real estate sector. Adding to the prestige, Home Lands was also honoured with the highly cove

Suwanda Industries recertified as ZeroCarbon Manufacturer for 2025

Suwanda Industries, known globally under the brand name Cycle Pure Incense, announced its recertification as a ZeroCarbon Manufacturer for 2025. This marks another significant milestone in the company’s ongoing journey of environmental responsibility and purpose-driven business.

KOKO unlocks flexible payment options for Softlogic Retail and Restaurant

Continuing its mission of empowering customers with financial freedom, KOKO, Sri Lanka’s Buy Now, Pay Later Platform (BNPL) added Softlogic Holdings PLC, one of the country’s largest conglomerates to its portfolio. A move that will bring a new level of affordability and convenience to consumers across Softlogic’s retail and restaurant brands.