Aditya Resort and Christell Life unveil luxury medical wellness destination

Christell Life, Sri Lanka’s award-winning luxury medical wellness brand, together with Aditya Resort, unveiled ‘Wellness by the Sea’, a beachfront medical wellness experience that seamlessly integrates modern aesthetic medicine with Ayurvedic therapies.

CSE Slips Amid Profit-Taking After Consecutive Gains

After several consecutive sessions of upbeat performance, the market shifted to the red zone today, with both indices closing lower amid cooling investor sentiment. The session reflected a phase of profit-taking, following the strong rallies seen earlier this week.

Exports cross US$ 12.9bn in nine months

Sri Lanka’s export engine continued to gather pace this year with steady growth delivered across both goods and services.

Sri Lanka’s financial system stability at much better place than where it was - Central Bank Governor

Sri Lanka’s financial system currently stands at a much better and stronger place at present than where it was a year or two ago when the economy came crashing down, sending the asset quality into a tailspin

To subdivide shares on five-for-one basis

Bairaha Farms PLC disclosed that its Board of Directors has resolved to recommend a five-for-one share split, aimed at enhancing share liquidity and broadening investor access.

Bairaha Farms swings to Rs. 425 mn profit in September quarter

Bairaha Farms PLC, one of Sri Lanka’s leading poultry producers reported a net profit of Rs. 425 million for the quarter ended 30 September 2025, reversing a loss of Rs. 109 million recorded in the corresponding

Overseas Realty profits jump on apartment sales and rental incomes

Luxury real estate developer, Overseas Realty (Ceylon) PLC reported some stellar top and bottom-line performance for the quarter ended in September 2025 in a sign that the real estate activities are ramping

Trading volumes see major revival; investor sentiment stays mixed

Yesterday marked a turnaround from the lethargic atmosphere that dominated the secondary market earlier in the week. Although investor sentiment remained mixed, trading activity gained momentum,

Indices continue to close on a mixed note

The ASPI closed in green as a result of price gains in counters such as Hayleys, Ceylon Grain Elevators and Richard Pieris & Company with the turnover crossing Rs. 9.2 bn.

MiHCM eyes US$ 5 mn ARR; sets transformational AI-powered future with MIA and Syntra AI

Digital HR solutions provider MiHCM announced this week its ambitious plan to cross the US$ 5 million Annual Recurring Revenue (ARR) mark within the next 12 to 18 months.

People’s Bank participates in CBSL “Pay Digital” initiative

People’s Bank participated in the ‘Pay Digital’ initiative organized by the Central Bank of Sri Lanka (CBSL) recently at its Headquarters in Colombo.

Keerthi Kodithuwakku recognized as ‘ICT Leader of the Year’

Keerthi Kodithuwakku was honoured with the ‘CSSL ICT Leader of the Year (Male) 2024’ award at the National ICT Awards, held during NITC 2025.

CSE appoints Senaka Kakiriwaragodage as Director

Senaka Kakiriwaragodage has been appointed to the Board of the Colombo Stock Exchange (CSE) with effect from 03/10/2025.

First Capital becomes world’s first investment institution accepted for SSCI certification

First Capital Holdings PLC has been awarded the Certificate of Acceptance to the Sustainability Standards & Certification Initiative (SSCI) by the European Organisation for Sustainable Development (EOSD).

Canadian Agricultural Mission to strengthen ties with Sri Lanka

The High Commission of Canada in Sri Lanka and the Maldives, in collaboration with The Ceylon Chamber of Commerce, announced the visit of a Canadian Agricultural Mission to Sri Lanka from October 27–31.

SLICGL reports strong nine-month performance for 2025

Sri Lanka Insurance General Limited (SLICGL) announced its financial results for the nine months ended 30 September 2025, reflecting solid growth and sustained profitability supported by improving market

Mark and Comm joins GlobalCom PR Network

Mark and Comm, Sri Lanka’s boutique public relations and communications agency, announced its membership in the GlobalCom PR Network, joining an association of over 80 independent PR agencies

Latest SLB Survey Report launched providing insights on key issues

The 2025 Sri Lanka Barometer (SLB) Survey Report was officially launched at the Taj Samudra Hotel, Colombo recently.

Sectoral Oversight Committee discusses progress of 2025 budget proposals of several ministries

The Sectoral Oversight Committee on Environment, Agriculture and Resource Sustainability discussed the financial and physical progress of the budget proposals for the year 2025 of several ministries and the

Softlogic GLOMARK expands footprint with outlet at Horton Place

Softlogic GLOMARK supermarket chain opened its latest outlet in Horton Place recently.

Virtusa partners to unveil 200-seat digital service hub in Sri Lanka

Virtusa Corporation, in partnership with CFC, a pioneer in insurance solutions for emerging risk and market leader in cyber, opened doors to CFC’s 200-seat digital services hub in Colombo yesterday.

Chocoholics Café announces first int’l expansion with KSA entry

Dessert café brand ‘Chocoholics’ announced its first international expansion with plans to open outlets in Saudi Arabia, marking the beginning of a broader global journey.

Sri Lanka–Indonesia Business Council advances trade and startup partnerships

The Sri Lanka–Indonesia Business Council (SLIBC) of The Ceylon Chamber of Commerce concluded a Business Promotion Mission to Indonesia, securing promising links in renewable energy, digital services,

Home Lands’ Bayfonte Marina construction makes steady progress

Home Lands Group continues to make remarkable progress on Bayfonte Marina Resort Apartments and Villas in Negombo, the first tourist resort apartment complex in Sri Lanka.

ASPI Rises as Banking Counters Lead Market Rally

The Colombo Stock Exchange witnessed a mixed trading session today, with the ASPI closing in positive territory, while the S&P SL20 ended marginally lower, reflecting a shift in sectoral momentum.

SL targets US $ 15bn digital economy with ‘super ROI’ strategy

Sri Lanka is pursuing a strategy to generate ‘super return on investment (ROI)’ through a comprehensive digital transformation, aiming to build a US $ 15 billion digital economy, Chief Advisor to President on Digital Economy and Information and Communication Technology Agency Chairman Dr. Hans Wijesuriya said.

Credit card spend picks up in August with card debt rising Rs.2.9bn

Sri Lankan credit card holders stepped up spending in August, reflecting rising consumer confidence and improving household incomes amid an expanding economy.

Kia Motors Lanka unveils 2026 Sorento Hybrid and EV5

While adding two remarkable additions to the Kia family, Kia Motors Lanka yesterday launched the fifth-generation 2026 Kia Sorento Hybrid and Kia EV5, marking a new era of hybrid and electric mobility in Sri Lanka.

Major shake-up for local retail as Hayleys enters supermarket race

Sri Lanka’s retail sector is in for some major competition as business tycoon Dhammika Perera-controlled Hayleys PLC yesterday announced fresh plans to foray into the large-scale supermarket segment.

Hayleys triggers mandatory buyout of 59% stake in Harischandra Mills

Hayleys PLC yesterday initiated a mandatory offer to acquire the remaining 1,140,654 ordinary voting shares, representing 59.42 percent of the issued shares of Harischandra Mills PLC, following its recent purchase of a 40.58 percent stake in the company.