Muted reaction in tea market despite lower supply and rupee devaluation

The auction offerings dropped down to 5.0 million kilogrammes (M/Kgs) and the overall quality of the teas showed no significant change.

Fitch places HDFC’s and SMIB’s National Ratings on Rating Watch Positive on proposed acquisition

Fitch Ratings has placed Housing Development Finance Corporation Bank of Sri Lanka’s (HDFC) National Rating of ‘BB+(lka)’ and State Mortgage & Investment Bank’s (SMIB) National Rating of ‘BB(lka)’ on Rating Watch Positive (RWP).

ASPI losses 2.0% during the week

The ASPI closed in red as a result of price losses in counters such as Hatton National Bank, Bukit Darah and Ambeon Holdings with the turnover crossing Rs. 3.8 Bn.

Yield curve holds steady as mixed sentiment continues

The secondary market saw mixed sentiment with low volumes and subdued activity, while the yield curve remained unchanged.

JKF partners Sri Lanka Police in combatting violence against women and children

As part of its ongoing commitment to combat violence against women and children towards empowering a healthy and progressive nation, John Keells Foundation (JKF) continues to empower law enforcement agencies through Project WAVE (Working Against Violence through Education) – its flagship of over ten years - to combat gender-based violence and child abuse.

HNB Assurance strengthens community wellbeing through water purification projects

HNB Assurance PLC continues to reinforce its commitment to uplifting communities across Sri Lanka through its three core CSR pillars, Health Protection, Environmental Protection and Education Protection.

CMA Sri Lanka Excellence in Integrated Reporting Awards 2025 concludes on high note

The Institute of Certified Management Accountants of Sri Lanka (CMA Sri Lanka) together with its Strategic Partner Colombo Stock Exchange hosted the 11th Annual CMA Excellence in Integrated Reporting Awards 2025 on November 17, at the Hotel Cinnamon Life.

EduViz International unveils innovative platform to navigate study abroad opportunities

EduViz International officially opened its doors in Colombo 05, marking an exciting new chapter for Sri Lanka’s study abroad and higher education landscape.

LCB Finance opens doors in Kiribathgoda

Lanka Credit and Business Finance PLC opened its 23rd and its 4th branch in the Gampaha District on October 16.

Sri Lanka Shippers’ Council strengthens global collaboration at ASA and GSA Annual Meeting

The Sri Lanka Shippers’ Council (SLSC) joined global trade leaders at the 2025 Annual Meeting of the Asian Shippers’ Alliance (ASA) and the Global Shippers’ Alliance (GSA) held in Bali, Indonesia.

Automobile Technologies conducts GAC test drive in Colombo

Automobile Technologies, Sri Lanka’s premier EV company, brought a wave of innovation and excitement to the heart of Colombo with an exclusive outdoor test drive event featuring the luxury electric vehicle brand GAC, held at the Nelum Pokuna premises recently.

Markspen launches Granifrigor Grain Cooling System in Sri Lanka

In a bid to reduce post-harvest losses and provide greater economic benefits to local rice and grain farmers the Markspen Group recently launched innovative German agritech device Granifrigor Grain Cooling Device making a giant leap in the agro harvest sector.

Enfection showcases Knowledge Agents at National AI Conference

Enfection, a marketing-technology company focused on AI-led communication and experience solutions, was selected to showcase its latest AI Knowledge Agents at the National AI Exhibition and Conference 2025, held on September 29 and 30 at the Monarch Imperial in Colombo.

David Pieris Motor Company wins Merit at JASTECA Awards

David Pieris Motor Company (Private) Limited (DPMC) has been recognised with the Merit Award of the ‘Ian Dias Abeysinghe Memorial JASTECA CSR / Sustainability Award’ at this year’s awards ceremony.

C3 to establish Pixel Paper Labs in Sri Lanka

C3, a leading innovation, R&D, and product prototyping company based in Sri Lanka is establishing Pixel Paper Labs — a new venture dedicated to the development, design, and manufacture of ePaper-based products for both local and international markets.

ASPI pulls back amid subdued trading

The Colombo Stock Exchange saw a mild retreat on Thursday (21st November 2025), as the market gave back some of the previous day’s gains. The ASPI declined 122.24 points (-0.53%) to close at 22,982.72, while the S&P SL20 shed 17.57 points (-0.28%) to end at 6,364.61. Market volatility remained subdued, with lower trading volumes and turnover contributing to the gradual downward movement.

Yield-hungry retail rush fuels bourse as risks mount

Sri Lanka’s dramatic decline in interest rates has triggered a massive migration of capital from safe bank deposits to the stock market, prompting regulators and analysts to advise caution as new entrants navigate

IRD records highest tax revenue in history

The Inland Revenue Department (IRD) has announced that it has achieved the highest tax revenue collection in its history, reaching Rs. 2,002,241 million as of November 17.

First Capital calls for profit taking while betting on banks and construction

Investors at the Colombo Stock Exchange (CSE) have been advised to adopt a more defensive strategy and book profits, as the market’s stellar run in 2025 has pushed valuations beyond sustainable levels.

Sampath Bank pioneers sustainable banking with green deposit launch

Sampath Bank PLC marked a transformative milestone in its sustainability journey with the official launch of the Sampath Bank Green Deposit, a fixed deposit product dedicated to financing environmentally

JXG posts strong quarterly gains, bolsters mid-year profit to Rs. 3.4bn

JXG (Janashakthi Group) reported a solid start to FY26, with consolidated net profit for the first half of the financial year ending 30 September reaching Rs. 3.4 billion, reflecting robust growth across its financial

Sri Lanka among top 50 travel destinations for 2026

Sri Lanka has been named one of the “50 Best Places to Travel in 2026” by the magazine Travel + Leisure. The annual list by Travel + Leisure identifies destinations based on accessibility, cultural significance,

Mixed sentiment persists as the yield curve holds steady

The secondary market yield curve saw a mixed trading session yesterday, characterized by low volumes and subdued activity.

ASPI gains after five consecutive days of losses

The ASPI closed in green as a result of price gains in counters such as Sampath Bank, Richard Pieris & Company and Bukit Darah with the turnover crossing Rs. 3.4 bn.

No provisions for taxing cryptocurrencies in Budget 2026, says tax expert

The 2026 national budget does not have any provisions for the taxing of cryptocurrency and other areas which are not being taxed, said KPMG Sri Lanka Head of Tax and Regulatory Suresh Perera.

ComBank cards offer discounts up to 70% this festive season

Demonstrating its commitment to giving customers the very best offers throughout the year, Commercial Bank of Ceylon is kicking off the festive season with its biggest card promotion of the year, offering

CBSL declares 22 companies and apps as prohibited pyramid schemes

The Central Bank of Sri Lanka (CBSL) has officially identified and declared 22 companies and mobile applications as prohibited pyramid schemes, under Section 83(C) of Banking Act No. 30 of 1988, as

HNB wins Best Corporate Citizen Sustainability Award 2025

Hatton National Bank (HNB) won the coveted Best Corporate Citizen Sustainability Award 2025 at the 22nd Best Corporate Citizen Sustainability (BCCS) Awards, organised by The Ceylon Chamber of

Oxford College of Business among Ten Best Integrated Reports

Oxford College of Business has reaffirmed its leadership in governance excellence with its annual report 2024/2025 titled ‘Lasting Change’ being adjudged one of Sri Lanka’s Ten Best Integrated Reports at CMA

High-powered CEO Forum to lead discussions at IBSL’s National Banking and Finance Conference 2025

The Institute of Bankers of Sri Lanka (IBSL) is gearing up for National Banking and Finance Conference 2025, a landmark event that will bring together key leaders from across the country’s banking and financial