Govt. updates donation channels after glitches in disaster relief transfers

As Sri Lanka grapples with the aftermath of the torrential weather and cyclone Ditwah, the government over the weekend issued payment instructions for disaster relief, after the donors reported difficulties in transferring funds to the designated Central Bank accounts during the ongoing national emergency.

South Asia well positioned to take advantage of new trade trends, AI: WB development update

South Asia is well positioned to take advantage of the new patterns of global trade and new technologies like artificial intelligence (AI), the World Bank’s latest development update for the region revealed.

Asiri Hospital drives Southern expansion while clearing balance sheet legacy

Asiri Health is aggressively pursuing a dual strategy of regional expansion and rigorous financial restructuring, aiming to decentralise tertiary care while simultaneously cleaning up the legacy financial exposures.

Sri Lanka’s Silent Crisis of Gender-Based Violence

Late one evening in a crowded Colombo police station, a young woman sits beside her parents, flanked by two constables They look intimidated, exhausted, and unsure of what comes next.

Sri Lanka Tourism assures 24/7 support for visitors amid severe weather

Sri Lanka Tourism announced that dedicated response teams are operating around the clock to assist tourists and industry stakeholders affected by the recent severe weather conditions. Officials said immediate support will be provided to ensure the safety and wellbeing of all visitors.

Sri Lanka’s emissions growth outpaces regional peers in 2024

While Sri Lanka maintains the cleanest economic footprint in South Asia in terms of carbon intensity, its greenhouse gas (GHG) emissions grew at a faster rate than its major regional peers in 2024, according to

Apparel exports hold steady in October

Sri Lanka’s apparel sector posted a broadly flat performance in October, with exports edging down 0.05 percent from a year earlier, even as the European Union drove a strong uptick in demand. The industry’s

Shift in tourism spending patterns raises urgency for value-focused strategy 

Sri Lanka’s tourism has found that those who visit Sri Lanka aren’t spending as they used to, causing the country to undershoot what it expects to earn from the trade.

C.W. Mackie to boost liquidity with five-for-one share split

C.W. Mackie PLC has set in motion a share sub-division aimed at widening investor participation, with its board recommending a five-for-one split of the company’s ordinary shares.

SL risks ballooning costs unless science steers edible oil policy: Ex- NASSL chief

Past President of the National Academy of Sciences of Sri Lanka (NASSL) Dr. Ranjith Mahindapala called for a return to evidence-based policymaking in the plantation sector, highlighting that the 2020 ban on oil

Colombo Land moves to merge Liberty Holdings into parent entity

Colombo Land and Development Company PLC will amalgamate its fully owned subsidiary, Liberty Holdings Limited, with the parent entity, following board approvals granted on 25 November 2025.

Secondary market stays subdued as attention shifts to T-Bond auction

The secondary market yesterday saw mixed sentiment and moved through a quiet session overall, amid thin volumes, with activity largely concentrated in the short to belly end of the yield curve.

Indices close in red

The ASPI closed in red as a result of price losses in counters such as Sampath Bank, Richard Pieris & Company and Commercial Bank with the turnover crossing Rs. 2.3 bn.

Cinnamon Grand eyes new markets to promote MICE tourism in SL

Cinnamon Grand Colombo aims to capitalise on meetings, incentives, conferences and exhibitions (MICE) tourism to expand its reach in new markets, Cinnamon Grand Director Sales and Marketing Imran

People’s Bank recognises Entrepreneurship Village Competition winners

People’s Bank recognised the winners of Entrepreneurship Village Competition 2024, at a special awards ceremony held recently at People’s Tower, Colombo 2.

SDB bank appoints Aruna Jayasekera as CHRO

SDB bank announced the appointment of Aruna Jayasekera as its new Chief Human Resources Officer (CHRO), marking another milestone in the bank’s strategy to bring in proven industry experts who can

Mercantile Investments crosses Rs.100bn asset milestone

Mercantile Investments and Finance PLC (MI) has announced a historic achievement in its six-decade journey, crossing the Rs.100 billion total asset milestone while recording a profit after tax of Rs.504

Fortune World’s Best Workplaces List names 25 multinationals

Great Place To Work, the global authority on workplace culture and Fortune Media announced the 25 winners of this year’s Fortune World’s Best Workplaces List.

People’s Insurance records 33% revenue growth in 3Q

People’s Insurance PLC has delivered a strong performance for the nine months ended September 30, 2025, reporting solid topline momentum and sustained financial stability despite a dynamic operating

Aitken Spence Institute of Hotel Management recognised at World Sustainable Travel Awards

Aitken Spence Institute of Hotel Management has been awarded the title of World’s Leading Sustainable Female Empowerment Initiative at World Sustainable Travel and Hospitality Awards 2025.

Union Assurance hosts top achievers at MDRT recognition event

Union Assurance celebrated the outstanding achievements of its top-performing insurance relationship officers of the partnership distribution channel at a Million Dollar Round Table (MDRT) recognition event,

DIMO Healthcare-RAB strengthen radiology education

In a landmark initiative aimed at empowering Sri Lanka’s healthcare professionals with advanced radiology knowledge, DIMO Healthcare, the healthcare arm of DIMO, recently collaborated with the non-

IMM snatches victory for Sri Lanka at ASOCIO Awards 2025

Inclusive Media Monitoring (Pvt.) Ltd (IMM) has snatched a historic victory for Sri Lanka, clinching the coveted ASOCIO Outstanding Digital Transformation Organisation Award at a glittering ceremony held

Hutch with TRCSL pioneers connectivity to unserved rural Sri Lanka

Hutch, in close partnership with the Telecommunications Regulatory Commission of Sri Lanka (TRCSL), is advancing the government’s national ambition of ‘Gamata Sanniwedanaya’, a programme launched

ISSO on Forbes DGEMS 200 List

ISSO, the fast-growing, prawn-focused fast-casual dining chain from Sri Lanka, announced its recognition in the highly exclusive Forbes DGEMS 200 List for 2025.

BYD-JKCG Auto launch all-new ATTO 1 and ATTO 2

BYD, together with its sole authorised distributor John Keells CG Auto (JKCG Auto), announced the official launch of the all-new BYD ATTO 1 and BYD ATTO 2 in Sri Lanka.

ComBank advances agri-modernisation efforts to boost paddy yields in Polonnaruwa

Reinforcing its longstanding commitment to empowering SMEs and advancing sustainable agriculture, the Commercial Bank of Ceylon has embarked on another milestone initiative aimed at boosting paddy productivity and uplifting farmer livelihoods in the Polonnaruwa District, one of the Sri Lanka’s most vital rice-producing regions.

Central Bank stays pat; confident inflation will hit 5%

As widely expected, the Central Bank yesterday decided to keep the policy rate, the Overnight Policy Rate, unchanged at 7.75 percent at its sixth policy meeting and the final one for the year.

Govt. calls on private sector to expand emerging tourist destinations

Leaning towards the private sector once gain to uplift the tourism industry, the government this week called on the private sector to invest in underdeveloped regions since tourism growth remains concentrated in Colombo and established hubs.

Indices close in green

The ASPI edged up as a result of price gains in counters such as Hatton National Bank, Colombo Dockyard and Diesel & Motor Engineering with the turnover crossing Rs. 3.4 Bn. Meanwhile, the S&P SL20 closed in green. High net worth and institutional investor participation was noted in Hemas Holdings, Colombo Dockyard and DFCC Bank. Mixed interest was observed in Access Engineering, Waskaduwa Beach Resort and Jetwing Symphony whilst retail interest