Aberdeen Holdings honoured at Presidential Environment Awards

Aberdeen Holdings, a diversified conglomerate operating across seven industries in Sri Lanka, continues to demonstrate its commitment to sustainability and responsible business practices across all its subsidiaries. This dedication was recognized at the 11th Annual Presidential Environment Awards 2025, held on October 23 at BMICH under the patronage of President Anura Kumara Dissanayake.

Laugfs Rubber clinches Silver at NCPC Awards 2025

Laugfs Rubber has been recognised with the Silver Award in the Rubber Industry sector under the large category at the National Cleaner Production Awards (NCPC) 2025, which stands as the highest recognition awarded within the sector this year.

Construction sector momentum continues with 12.2% growth in 3Q

The Sri Lankan construction sector recorded a robust double-digit growth of 12.2 percent in the third quarter of 2025, maintaining its recovery momentum and catalysing broader activity across the real estate and professional services sectors.

IRD records highest-ever revenue, surpasses 2025 target

The Inland Revenue Department (IRD) has generated additional tax revenue of Rs. 50 billion, surpassing its 2025 revenue target of Rs. 2,195 billion, and recording the highest revenue performance in its recent history.

PMI signals continued expansion in manufacturing & services activities through November 

The Purchasing Managers’ Indices (PMI) for manufacturing and services activities showed that economic activities had stood strong, continuing to expand despite some softening in services activities, reflecting the impact of the adverse weather conditions toward the end of the month.

Sri Lanka to co-host ADB’s 2026 Asian Regional Debt Management Conference

Sri Lanka is to co-host the 2026 Asian Regional Debt Management Conference, following Cabinet approval of a proposal presented by President Anura Kumara Dissanayake in his capacity as Minister of Finance, Planning and Economic Development.

Wealth Trust Securities IPO opens today

The Initial Public Offering (IPO) of Wealth Trust Securities Limited (WTS) opens today, inviting the public to subscribe for 71,548,244 Ordinary Voting Shares at an Issue Price of Rs. 7.00 per share.

Indices close in green

The ASPI closed in green as a result of price gains in counters such as Colombo Dockyard, Commercial Bank and Sampath Bank with the turnover crossing Rs. 2.8 bn.

Yield curve steady amid mixed trading sentiment

The secondary market yield curve remained unchanged yesterday, reflecting mixed sentiment and mixed trading activity.

Countdown to FACETS 2026

Sri Lanka is gearing up to host the first international gem and jewellery exhibition of the year as FACETS Sri Lanka 2026 opens on January 3.

CBC Finance lists on Colombo Stock Exchange

CBC Finance Ltd, a subsidiary of Commercial Bank of Ceylon PLC, commemorated its listing on the Colombo Stock Exchange (CSE) by way of the issuance of Rs.1.5 billion worth of debentures by the ceremonial ringing of the market opening bell on the CSE trading floor.

NDB with Toyota Lanka strengthens mobility solutions in Sri Lanka

National Development Bank PLC (NDB) has entered into a landmark memorandum of understanding (MoU) with Toyota Lanka, reinforcing the bank’s commitment to offering customers convenient, flexible and affordable leasing solutions for some of the world’s most trusted vehicles.

World Bank urges shift to renewables to cut South Asia’s energy vulnerability

A shift toward more decentralised renewable energy production would improve South Asia’s energy security, make access to electricity more reliable and reduce air pollution, the World Bank’s most recent South Asia Development Update revealed.

Siyapatha Finance opens 60th branch in Warakapola

Siyapatha Finance PLC successfully opened the doors of its 60th branch in the bustling city of Warakapola, improving accessibility for reliable financial solutions to the local community while strengthening the company’s islandwide branch network.

Singer wins Retail Sector Award at Best Corporate Citizen Sustainability Awards 2025

Singer (Sri Lanka) PLC has once again reinforced its leadership in sustainable business practices by winning the Retail Sector Award at Best Corporate Citizen Sustainability Awards 2025.

Macksons Holdings donates Rs.15mn to Rebuilding Sri Lanka Fund

Macksons Holdings made a generous contribution of Rs.15 million to the government’s Rebuilding Sri Lanka Fund, established to provide relief and support to the communities affected by Cyclone Ditwah.

Lion Brewery reaffirms commitment to flood resilience and community support in Biyagama

Lion Brewery (Ceylon) PLC (Lion) reaffirmed its commitment to strengthening community partnerships through its flood response efforts and ongoing work to build long-term flood resilience and community support in Biyagama, home to the company’s core operations.

CHEC South Asia and Southeast Asia completes emergency clearing of A5 highway

China Harbour Engineering Company Ltd South Asia and Southeast Asia, working in close coordination with the Sri Lanka Army, Road Development Authority, local authorities and surrounding communities,

Sriyani Dress Point donates Rs.20mn and deploys aid for Cyclone Ditwah victims

Sriyani Dress Point, one of Sri Lanka’s leading fashion retail chains, has stepped forward as a responsible corporate citizen by donating Rs.20 million to the government’s Rebuilding Sri Lanka Fund while simultaneously activating comprehensive ground-level relief operations for the communities devastated by Cyclone Ditwah.

Colombo Gateway One announced as future landmark shaping Port City Colombo’s skyline

Canary Wharf Holdings Pte Ltd, based in Singapore, marked a major milestone recently with the successful announcement event of Colombo Gateway One to be developed within Port City Colombo, an extension of Colombo’s existing Central Business District.

Industry Disaster Support Centre records over 18,000 inquiries

The Industry Disaster Support Centre (IDSC) has recorded more than 18,000 inquiries from the affected enterprises in the aftermath of Cyclone Ditwah, highlighting the extensive disruption caused to the country’s industrial sector, particularly manufacturing.

Subscription for BOC’s Rs.20bn sustainability bond opens on Dec. 22

Bank of Ceylon (BOC) announced yesterday that the subscription list for its Basel III-compliant sustainability bond issue would officially open on December 22, 2025.

Tourism earnings pick up in November

The earnings from tourism rose to US $ 251.6 million in November 2025, from the levels in October but the perennial issue of low spending by the visitors of the current day continues to plague the ambitious targets for what the industry could earn from the trade.

Omega Line crowned as overall Best Exporter of the Year at Presidential Export Awards 2024/25

Omega Line has secured an unprecedented quadruple victory at Presidential Export Awards 2024/25, claiming the country’s highest export honour alongside three additional national titles in a landmark achievement for Sri Lanka’s apparel sector.

People’s Insurance appoints Chandana Guniyangoda as Independent Chairman

People’s Insurance PLC announced the appointment of Chandana Shubhashana Guniyangoda as its new Independent Chairman, effective from December 10, 2025.

Week begins with foreign buying

The ASPI closed in red as a result of price losses in counters such as Colombo Dockyard, Ceylinco Holdings and Commercial Bank with the turnover crossing Rs. 2.2 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Colombo Dockyard, Richard Pieris & Company and Hemas Holdings. Mixed interest was observed in Renuka Agri Foods, Swisstek and John Keells Holdings whilst retail int

Softlogic secures Rs.42bn debt restructuring deal as total borrowings hit Rs.123bn

Softlogic Holdings PLC has successfully concluded negotiations to restructure debt amounting to over Rs.42 billion, securing critical grace periods of six to 18 months for capital repayments, according to its latest annual report. This strategic financial engineering has begun to reshape the conglomerate’s balance sheet, which remains weighed down by a massive debt load of Rs.122.8 billion as of September 30, 2025.

Secondary market opens on a soft note

The secondary market opened the week on a dull footing. Trading volumes were low while the yield curve held firm.

Emirates-Dubai Humanitarian launch airbridge to Sri Lanka to transport urgent relief aid

Emirates and Dubai Humanitarian have established an airbridge to Sri Lanka, transporting urgent relief aid to support those affected by the devastating Cyclone Ditwah.

Aberdeen Holdings earns GHG verification

As Sri Lanka accelerates its transition toward a greener and more resilient economy, Aberdeen Holdings, a diversified conglomerate operating across more than eight industries, has reaffirmed its commitment to sustainability by achieving Greenhouse Gas (GHG) verification certification under the ISO 14064-1:2018 standard.