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

Shell Lubricants Sri Lanka-Daraz enhance customer accessibility and convenience

Shell Lubricants Sri Lanka, distributed exclusively by Delmege Forsyth Energy, a subsidiary of the Delmege Group, has officially joined hands with Daraz, the country’s leading e-commerce platform, to

First Capital secures Silver at SLIM Brand Excellence 2025

First Capital Holdings PLC, a pioneering investment institution within JXG (Janashakthi Group), has been awarded the Silver award for Service Brand of the Year at SLIM Brand Excellence Awards 2025, standing

Seylan Bank partners Colombo Motor Show 2025

Seylan Bank PLC has once again joined hands with the Colombo Motor Show as the Official Banking and Leasing Partner for the eighth consecutive year, continuing its long-standing association with the country’s

ASPI rebounds as market finds support

The Colombo Stock Exchange saw a mild recovery on Thursday (20th November 2025), as the market took a breather following a nearly 3% pullback from its all time high. The ASPI gained 75.10 points (+0.33%) to close at 23,104.96, while the S&P SL20 advanced 20.60 points (+0.32%) to 6,382.18. Volatility remained subdued throughout the session, though activity levels stayed muted with market turnover posting a modest LKR 3.49 Bn.

Understanding listed sustainability bonds and how Bank of Ceylon positions itself for a changing capital market

Sustainability is reshaping global finance, tremendously. Over the past, sustainable bonds have become a defining feature of responsible investment, bridging the gap between capital markets and long-term environmental and social goals.

Sri Lanka targets 4 million tourists, US$8 billion revenue by 2030: Minister

Sri Lanka aims to attract four million tourists and generate US$ 8 billion in revenue by 2030, Foreign Affairs, Foreign Employment and Tourism Minister Vijitha Herath announced during the India–Sri Lanka Tourism Relations programme in Colombo, yesterday (19).

Sri Lanka seeks Indian investors, filmmakers to boost tourism

Sri Lanka is inviting Indian investors and film producers to explore new tourism ventures and film projects in the country, Foreign Affairs, Foreign Employment and Tourism Minister Vijitha Herath said yesterday (19).

IRD records highest tax revenue in its 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.

SEC warns rogue market influencers

The capital market regulator, the Securities and Exchange Commission (SEC), yesterday sounded its sternest warning yet, as a new breed of self-styled “market gurus” tighten their grip on social media.

Sri Lanka hits 17,000 annual IT graduate target as industry turns focus to AI upskilling

Sri Lanka has successfully bridged its long-standing gap in IT graduate numbers, with the annual supply now reaching approximately 17,000, according to top industry official Shehani Seneviratne.

Investment threshold cut to unlock SME capital allowances

The small and medium-sized enterprises (SMEs) would qualify for full capital allowances under a proposal to cut the investment threshold to US $ 250,000, from US $ 3 million, an Inland Revenue Department (IRD) official said. At a KPMG Sri Lanka forum on Budget 2026, IRD Senior Commissioner A.M. Nafeel said the change aims to spur investment by smaller firms. He added that the government remains confident of meeting its 2026 tax target, driven lar