NDB Bank partners with CSDB to uplift differently-abled children

NDB Bank, in line with its commitment to social responsibility and inclusive development, has extended its support to The Ceylon School for the Deaf and Blind (CSDB), a historic institution that has been providing education, care, and vocational training to differently-abled children across Sri Lanka for over a century.

SOSCVSL collaborates with Barista for 6th consecutive ‘Share A Meal’ initiative

Barista came together with SOS Children’s Villages Sri Lanka (SOSCVSL) for the 6th consecutive year to launch their annual ‘Share A Meal’ Christmas initiative. Reaffirming their longstanding collaboration on November 24 at Barista’s Nugegoda diner outlet, the launch celebrated the initiative’s provision of essential care and happiness of children under the protection of SOSCVSL.

Arpico welcomes Christmas with signature Christmas cake celebration

As the Christmas season draws near, Arpico revealed the spirit of happiness and unity through its highly anticipated Christmas Cake Preparation Ceremony, held recently at its store at Hyde Pak Corner. The event was an embodiment of what the season entails, uniting families, friends, and customers to celebrate loveand laughter during this festive season.

Janashakthi Finance marks 44th anniversary with community initiative

Janashakthi Finance PLC celebrated its 44th anniversary with a meaningful community initiative, “Celebrating Strength. Sharing Love.”, held at St. Mary’s Home for the Elderly, Colombo 10. The initiative was dedicated to honouring senior citizens in recognition of their lifelong contributions, strength and wisdom, marking a special tribute.

Barista celebrates milestone 75th outlet opening

Barista Sri Lanka, the island’s largest and most beloved café chain, proudly marks the grand opening of its 75th outlet at Arcade Independence Square, Colombo 07. This milestone reflects Barista’s journey over the past 23 years - from pioneering coffee culture in Sri Lanka to becoming a household name synonymous with quality, community, and opportunity.

Students’ creativity raises voices against illegal migration at Zero Chance Awards

For the third consecutive year, Sri Lankan students’ creativity took center stage at the Zero Chance Art and Essay Awards Ceremony, held at BMICH, Colombo.

Capital goods lead turnover as market indices decline

The Colombo Stock Exchange witnessed subdued sentiment today, even as the Capital Goods sector dominated overall activity by contributing 39% of total turnover and generating LKR 1.46 billion. AEL.N emerged as the day’s top contributor, recording LKR 282 million in turnover with 3.9 million shares changing hands.

CBSL assures SL’s economic ‘shock absorbers’ intact

The Central Bank of Sri Lanka (CBSL) is ready to deploy its full suite of macroeconomic shields, fiscal, monetary and external, to cushion the economy against sudden shocks, Governor Dr. Nandalal Weerasinghe said.

Private sector drives rapid recovery post-cyclone helping restore investor confidence: Treasury Secretary

Sri Lanka’s business community is emerging as a key force in the country’s recovery from Cyclone Ditwah, with corporate contributions and swift infrastructure measures helping restore economic activity and investor confidence. Over the past few days, more than Rs. 300 million have been donated in 19,000-plus transactions, according to Treasury Secretary Dr. Harshana Suriyapperuma.

WB calls for bold four-pillar reforms to drive SL’s growth surge

The World Bank has handed Sri Lanka a sharply defined economic reform recipe, a four-pillar blueprint aimed at dragging productivity out of a two-decade decline and steering the country from fragile stabilisation to durable, investment-driven growth.

Reform momentum is real but must hold steady: EDOTCO Chief tells SL

Sri Lanka’s reform push is beginning to show real traction, but the window to convert that momentum into long-term, inclusive growth will only remain open if the country keeps its course steady, EDOTCO Group Chairman Kenneth Shen told the Sri Lanka Economic and Investment Summit 2025 yesterday.

Cabinet clears first step towards e-invoicing for VAT businesses

Sri Lanka has taken its first step toward a long-delayed shift into electronic invoicing, with the Cabinet approving a crucial upgrade to the Inland Revenue Department’s (IRD) digital backbone.

Hemas Holdings announces board-level leadership changes

Hemas Holdings PLC yesterday announced upcoming changes to its director board, reflecting the Group’s commitment to strong governance and a seamless leadership transition.

Indices bounce back

The ASPI closed in green as a result of price gains in counters such as Richard Pieris & Company, Ceylinco Holdings and Sampath Bank with the turnover crossing Rs. 4.0 bn.

Trading appears limited as uncertainties linger

Owing to the persistence of uncertainties triggered by adverse weather conditions, the secondary market witnessed yet another day of limited activity yesterday.

SkiPod Manufacture brings sports simulation manufacturing to Sri Lanka

SkiPod Manufacture, involved in the research, design, manufacturing and exporting of advanced sports simulators and lifestyle products, with a particular emphasis on its flagship product SkiPod, recently signed an agreement with Sri Lanka’s Board of Investment (BOI) to set up a manufacturing facility, with phase one valued at US $ 3 million. The investment is facilitated by the Continam group, which operates from New York and Colombo.

Sierra Cables delivers strong 6-month performance

Sierra Cables PLC, a subsidiary of Browns Investments (the strategic investment arm of the LOLC group), announced a robust financial performance for the first half of the 2025/26 financial year, reflecting a period of strengthened business fundamentals, operational discipline and continued expansion across international markets. For the six months ended September 30, 2025, the group recorded a revenue of Rs.7.51 billion, a significant increase f

People’s Leasing & Finance plans Rs.15bn debenture issue

People’s Leasing & Finance PLC said its board has approved a proposal to raise up to Rs.15 billion through a listed, rated debenture issue, adding a fresh funding instrument to its capital structure.

Colombo Dockyard delivers Misje Sakura to Norway

Colombo Dockyard PLC (CDPLC) delivered the nineth vessel of the 5000 DWT Eco Bulk Carrier series, named Misje Sakura, to Misje EcoBulk AS of Norway, well ahead of the contractual delivery date, marking completion of yet another milestone in this successful long-term collaboration.

ComBank Shakthi extends reach to customers

Commercial Bank of Ceylon has taken another decisive step in its customer convenience journey with the launch of its agency banking operations branded ComBank Shakthi.

SLT-Mobitel launches free ‘247 Helpline’ to support flood-affected communities

Caring for communities affected by the aftermath of Cyclone Ditwah, SLT-Mobitel has introduced the free ‘247 Helpline’, in collaboration with the University of Colombo, offering round-the-clock medical advice.

Telecom operators, partners accelerate connectivity restoration after Cyclone Ditwah

Sri Lanka’s national telecommunication operators, in close coordination with the government authorities, are intensifying round-the-clock recovery efforts to reconnect the communities battered by severe flooding and landslides triggered by Cyclone Ditwah since November 27.

Binance contributes Rs.61.6mn for flood relief in Sri Lanka

In response to the devastating impact of Cyclone Ditwah, which has triggered severe rains and flooding across Sri Lanka, Binance Charity, the philanthropic arm of the global blockchain leader Binance, has pledged Rs.61.6 million (US $ 200,000) to support the urgent humanitarian and early-recovery efforts.

TikTok launches guide to combat misinformation during floods in Sri Lanka

TikTok has announced the launch of a new search guide designed to help the users in Sri Lanka access authoritative and up-to-date information during the ongoing floods after cyclone Ditwah.

CEAT Kelani dealers tour Singapore and Thailand

Top-performing CEAT Kelani dealers were rewarded with all-expenses-paid tours to Singapore and Thailand recently, as Sri Lanka’s leading tyre brand celebrated exceptional sales achievements with a fusion of business recognition and world-class leisure under its 2025 Travel with CEAT rewards programme.

Cargills’ Heart for the Nation programme supports flood-affected communities

Cargills has once again extended its support to the people of Sri Lanka in a time of national hardship, stepping forward to assist the families affected by the recent floods through its Heart for the Nation programme.

Uber commits Rs.65mn to support Cyclone Ditwah-impacted communities

Uber Sri Lanka yesterday announced a partnership with the Sri Lanka Red Cross Society to support relief and recovery efforts for communities affected by Cyclone Ditwah. As part of this initiative, Uber is contributing approximately Rs.65 million towards emergency relief, combining funds for essential supplies, mobility support and grocery access for affected families.

Sri Lanka tourism weathers Cyclone Ditwah

Sri Lanka’s tourism industry has once again demonstrated its characteristic resilience in the immediate aftermath of Cyclone Ditwah, recording fewer than expected cancellations while the key stakeholders urgently petition the government to deploy emergency powers to facilitate a free visa regime and launch an immediate public relations campaign.

Cyclone Ditwah estimated to cost economy up to Rs.320bn as national balance sheet takes a hit

Sri Lanka faces a potential economic loss ranging between Rs.210 billion and Rs.320 billion, following the devastation of Cyclone Ditwah, with the experts warning the event represents a major shock to the national balance sheet rather than a localised natural disaster.

Floods threaten to derail fragile export recovery: NCE cautions

The local export fraternity, already steering through a delicate economic recovery, is now grappling with fresh disruption, with the floods across the island halting production cycles and threatening the country’s hard-won market access, the National Chamber of Exporters (NCE) cautioned yesterday.