SLMLBC expresses gratitude to Maldives for post-cyclone support

The Sri Lanka-Maldives Business Council (SLMLBC) extends its deepest appreciation to the government and people of the Maldives for the extraordinary solidarity and generosity extended to Sri Lanka in the aftermath of the recent cyclone.

Strong growth drives LCB Finance to best-ever interim results

LCB Finance PLC has reported a significant rise in profitability for the first half of the financial year 2025/26, posting a profit before tax of Rs.298.32 million for the six months ended September 30, 2025.

Almas Holdings pledges Rs. 225 mn for flood relief and rebuilding

Almas Holdings (Pvt) Ltd, a long-term investment holding company with interests in the capital market and real estate sectors, has pledged Rs. 225 million to support flood relief and post-disaster rebuilding efforts, underscoring growing private sector participation in national recovery initiatives.

Top exporters earn national honours as Sri Lanka targets stronger global presence

Sri Lanka placed its export sector at the centre of its economic revival agenda on Thursday as the government honoured the nation’s top performers at the 27th Presidential Export Awards, underscoring the industry’s role in driving growth, innovation and global competitiveness.

Sanasa Life Insurance suspended over solvency and data integrity violations

The Insurance Regulatory Commission of Sri Lanka (IRCSL) has suspended the registration of Sanasa Life Insurance Company PLC, effectively halting its ability to carry out long-term insurance business for a period of three weeks.

Sri Lanka to access over US $ 100mn from World Bank and ADB for Cyclone Ditwah recovery

The Cabinet of Ministers this week approved two major financial proposals to mobilise over US $ 100 million in emergency funding from the World Bank and Asian Development Bank (ADB) to address the widespread devastation caused by the recent Cyclone Ditwah.

GovPay crosses Rs.55mn mark in online traffic fine collections

A total of 43,114 spot fines, amounting to over Rs.55 million, have been processed via GovPay since the introduction of its online traffic fine payment mechanism in April this year.

Asian Development Bank approves US $ 200mn loan to boost Sri Lanka’s water and food security

The Asian Development Bank (ADB) has approved a US $ 200 million loan to support the second stage of the Mahaweli Water Security Investment Programme, a major infrastructure initiative designed to improve the agricultural resilience in Sri Lanka’s drought-prone North Central province.

Veteran business leader Rajan no more

Rajan Asirvatham, one of Sri Lanka’s most respected corporate figures and a professional who held a series of influential roles across the public and private sectors, passed away yesterday (12 December).

ASPI gains 4.7% during the week

The ASPI closed in green as a result of price gains in counters such as Senkadagala Finance, John Keells Holdings and Hayleys with the turnover crossing Rs. 3.0 Bn.

Easing rates spark high-volume trades

The secondary market exhibited buying sentiment yesterday, driven by rates edging lower and large trade volumes.

Sri Lanka celebrates landmark success at APICTA 2025

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.

The Quantum Imperative: Why global finance cannot wait to secure its future

Quantum computing dominated this year’s Singapore FinTech Festival, signalling a decisive shift from laboratory research to strategic priority for global finance.

TikTok announces updates designed to increase transparency around AIGC

TikTok has announced a focused set of updates designed to increase transparency around AI-generated content (AIGC), give people clearer choices about how much AIGC appears in their For You feed, and raise public understanding of responsible AI use. As AI-generated content continues to surge globally,

Achievers International Campus holds Graduation 2025

On November 8th, Achievers International Campus, Sri Lanka, celebrated the achievements of its 2024/2025 graduating cohort at the BMICH, honouring over 600 students who reached a remarkable academic milestone.

Cargills Bank cleans up Dehiwala Beach

Seeking to help our neighbourhood communities, Cargills Bank recently conducted a Beach Cleaning Program at the Dehiwala Beach. The project brought together over 80 team members from various areasof the bank who volunteered their time to clean the shoreline.

Dreamron launches ‘Helping Hand to Rebuild Your World’ CSR Project

Dreamron has extended its support to individuals and communities whose homes, businesses, and livelihoods were severely affected by the recent natural disasters.

Emirates ends the year on high scooping 5 more global awards

Emirates is ending 2025 on a sky-high note with another five global accolades won, this time at the 32nd annual World Travel Awards, held in Bahrain.

Union Assurance ‘Suwamaga Impact Report’ 2025 reveals insights about silent killer

Union Assurance unveiled its ‘Union Assurance Suwamaga Impact Report’ at an event held at Hilton Residences, highlighting the significant impact of its flagship CSR programme ‘Suwamaga’.

Sun Siyam Olhuveli kicks off festive season with annual cake-mixing event

Sun Siyam Olhuveli set the holiday season in motion with another twist to its annual Festive Cake Mixing event held on November 23rd.

LOLC Insurance advocates and supports breast cancer care

In line with Breast Cancer Awareness Month in October, and as part of its efforts to extend its commitment beyond insurance protection, LOLC General Insurance and LOLC Life Assurance joined hands with the Roshan Mahanama Trust (RMT) and the Indira Cancer Trust to strengthen the fight against breast cancer.

JKF marks ‘International Day for the Elimination of Violence Against Women’

On the occasion of the International Day for the Elimination of Violence Against Women, John Keells Foundation (JKF) reaffirmed its long-standing commitment to combatting gender-based violence and child abuse through its flagship initiative, Project WAVE (Working Against Violence through Education).

Mahogany Masterpieces unveils ‘An Ode to Grain’

Mahogany Masterpieces, the manufacturer of handcrafted luxury furniture in Sri Lanka, presents ‘An Ode to Grain,’ a curated showcase that honours the natural beauty of mahogany and the art of fine furniture making.

SEC defers Colombo Dockyard suspension as India’s  Mazagon Dock set for takeover

Colombo Dockyard PLC (CDL) has secured a critical six-month extension on the trading of its shares, averting an immediate suspension as it finalises a strategic takeover by India’s Mazagon Dock

Govt. to retender prime Colombo 03 land following lease cancellation

The Cabinet of Ministers this week approved a proposal to invite fresh investment proposals for a high-value land plot at Perahera Mawatha, Kollupitiya, following the cancellation of a previous lease agreement

Govt. to secure US$ 200mn ADB loan for Mahaweli Water Security Investment Programme

The Cabinet of Ministers this week approved a proposal to enter into a loan agreement with the Asian Development Bank (ADB) to secure US$ 200 million for the implementation of the second stage of the

Cargills Bank to raise Rs. 2.5bn via Rights to fuel lending growth

Cargills Bank PLC has announced plans to raise approximately Rs. 2.5 billion through a Rights Issue to expand its lending activities and strengthen the capital base. The Board of Directors resolved on

ComBank tops Business Today’s Top 40 Rankings for 2024–25

The Commercial Bank of Ceylon has been ranked No. 1 in the Business Today Top 40 for 2024–25, securing an aggregate score of 37.65 to lead the ranking of Sri Lanka’s top listed enterprises.

Market maintains moderate activity whilst T-Bond acceptances fall short

The secondary market remained subdued yesterday as investor engagement remained limited with some selling sentiment, amidst moderate trading volumes.

Positive momentum continues

The ASPI closed in green as a result of price gains in counters such as Colombo Dockyard, Ceylinco Holdings and Central Finance Company with the turnover crossing Rs. 5.5 bn.