Japan Asunaro Aoki Construction strengthens recruitment of skilled Sri Lankan professionals

Asunaro Aoki Construction Co., Ltd, a mid-sized Japanese general contractor that has been expanding its recruitment of foreign professionals, held a meeting with the University of Moratuwa on October 28 to discuss the company’s approach and initiatives for hiring highly skilled foreign talent.

Siyapatha Finance again crowned as Best Employer Brand

Siyapatha Finance PLC has once again emerged victorious, securing the title of Best Employer Brand for the third consecutive year at the recently concluded Employer Branding Awards 2025.

Prof. Kasun De Zoysa appointed to LB Finance board

LB Finance PLC announced the appointment of Prof. Kasun De Zoysa to its board of directors, with effect from October 29, 2025, following the approval granted by the Central Bank of Sri Lanka.

Sunshine Holdings delivers robust performance in 1HFY26

Diversified Sri Lankan conglomerate Sunshine Holdings PLC continued to build on its strong start to the year, delivering an impressive performance across all sectors during the first half of FY26 (1HFY26).

CMA Sri Lanka Budget Highlights webinar tomorrow

The Institute of Certified Management Accountants of Sri Lanka (CMA) will conduct the ‘Budget Highlights 2026 – Budget and Taxation Proposals and Impact on Economy, Business and Society’ on Tuesday, November 11, 2026, from 2:00 p.m. to 5:00 p.m., via Zoom.

SLASSCOM AI Asia Summit 2025: Turning vision into measurable impact

SLASSCOM AI Asia Summit 2025, themed ‘AI in Action’, scheduled for November 12 at Cinnamon Grand, will spotlight how artificial intelligence (AI) is driving measurable transformation across sectors. Bringing together global pioneers and local changemakers, it will explore how Sri Lanka can lead in responsible, scalable AI innovation.

Budget 2026 bets big on building back investor base

In a signal to the investors weary of Sri Lanka’s uneven playing field, President Anura Kumara Dissanayake yesterday used Budget 2026 to draw a line under what he called an era of “cronyism, racketeering and nepotism”.

Budget Speech - 2026

Following the historic mandate given to us by the Sri Lankan citizens, within a short time period of a year, we have taken many decisive steps with a clear vision to fulfill their aspirations.

Budget 2026 maps Rs.5.3tn income, Rs.7.1tn outlay

Budget 2026 forecasts total revenue and grants of Rs.5,300 billion, reflecting the government’s intent to strengthen fiscal consolidation while expanding public investment to spur growth.

IDB to oversee functions of NEDA and SMED to develop SMEs

The functions of the Industrial Development Board (IDB), National Enterprise Development Authority (NEDA) and Small and Medium Enterprise Development Division (SMED) would be consolidated, under the new budget proposals.

Rs.30bn digital injection proposed in 2026 to spur economic transformation

The government has proposed a substantial allocation of approximately Rs.30 billion in Budget 2026 for a sweeping digitalisation drive, signalling a decisive shift towards transforming Sri Lanka into a modern, knowledge-based economy.

Govt. to revise national port master plan to boost regional hub aspirations

The government is set to revise and update the national port master plan alongside a strategic land use master plan, allocating Rs.300 million in Budget 2026 for this vital groundwork.

ASPI gains 2.3% during the week

The ASPI closed in green as a result of price gains in counters such as Senkadagala Finance, Commercial Bank and Sampath Bank with the turnover crossing Rs. 6.7 Bn.

Momentum moves market, powered by buying interest

The secondary market continued its momentum from the previous session, with the investors demonstrating sustained buying sentiment.

ASPI surpasses 23,300 amid pre-budget optimism

The Colombo Stock Exchange (CSE) saw a strong rally today, with the All-Share Price Index (ASPI) crossing the 23,300 milestone, fueled by investor optimism ahead of the upcoming GOSL 2026 budget discussions. Momentum was largely driven by blue-chip and heavyweight counters, sustaining bullish sentiment throughout the session.

JAT Holdings sets sights on Australia and India after Mirotone acquisition

JAT Holdings PLC has unveiled an ambitious post-acquisition strategy focused on an aggressive Australian relaunch and a landmark entry into the Indian market, following its acquisition of Mirotone (NZ) Limited.

Vessel omissions at Colombo Port choking export sector: FTZMA warns

Free Trade Zone Manufacturers this week issued strong worded letter to Ports and Civil Aviation Minister Anura Karunathilaka, raising alarm over the rising instances of vessel omissions at the Port of Colombo.

CIPR appoints Rishini Weeraratne as Ambassador for Sri Lanka

The Chartered Institute of Public Relations (CIPR) has appointed Rishini Weeraratne, Editor of The Sun (Daily Mirror) and Head of Social Media at Wijeya Newspapers Limited, as its new Ambassador for Sri Lanka.

SDF issues first High Yield Sustainable Bond

Sarvodaya Development Finance PLC (SDF) rang the market opening bell at the Colombo Stock Exchange (CSE), to commemorate the landmark issuance of its High-Yield Sustainable Bond. The market opening ceremony, held at CSE’s iconic Trading Floor, highlighted SDF’s

Sri Lanka Telecom appoints Riyaaz Rasheed as new CEO

Sri Lanka Telecom PLC (SLT) announced the appointment of Riyaaz Rasheed as its new Chief Executive Officer (CEO), effective 1 January 2026, the company announced in a filing to the Colombo Stock Exchange (CSE).

Moderate trading and steady buying in the secondary market

The secondary market yield curve experienced moderate trading volumes and activity, supported by continued buying interest yesterday.

ASPI closes, surpassing 23,000 mark

The ASPI closed in green as a result of price gains in counters such as Senkadagala Finance, National Development Bank and Colombo Dockyard with the turnover crossing Rs. 6.0 bn.

LOLC Al-Falaah honoured as NBFI of the Decade at IFFSA 2025

LOLC Al-Falaah, the alternate financial services unit of LOLC Finance PLC, was once again in the spotlight at the 10th Islamic Finance Forum of South Asia (IFFSA) Awards, held recently at Shangri-La Hotel, Colombo.

HNB Assurance leads industry with 3Q GWP growth of 38%

HNB Assurance PLC (HNBA) announced a strong financial performance for the nine months ended September 30, 2025, posting a 38 percent year-on-year growth in life insurance gross written premium (GWP), which is the highest growth among the life insurers in Sri

Royal Prashanth Fertility Centre marks a new era in fertility care in Sri Lanka

The Royal Prashanth Fertility Centre officially opens its doors, marking a new milestone in fertility and reproductive healthcare in Sri Lanka.

Pan Asia Bank marks 30 years with a commemorative stamp

Pan Asia Bank marked a significant milestone in its journey of excellence and innovation with the official launch of a commemorative postage stamp to celebrate its 30th anniversary.

Sampath Bank-Ideal Motors drive affordable vehicle ownership

Sampath Bank PLC recently signed a memorandum of understanding (MoU) with Ideal Motors (Pvt.) Ltd, an authorised distributor of Mahindra vehicles in Sri Lanka.

Beyond congestion: Urgent need to reform Colombo’s port operations

Every delay at the Port of Colombo now comes at a heavy price. For Sri Lanka’s apparel industry, time is not just money; it’s trust. The recent reports of ships failing to call at Colombo because of the potential delays in the Port of Colombo, are a major concern for the

AMW opens new Matara showroom

Associated Motorways (Private) Limited (AMW) marked another milestone with the grand opening of its newest showroom in Matara.

CA SL sets new benchmark with highest Chartered Accountant number in a single year

For over 65 years, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has stood as the national body of accountants and a beacon of professional excellence established by an Act of Parliament in 1959. The CA Sri Lanka qualification has been the gold standard