CA Sri Lanka submits comprehensive National Budget 2026 proposals

In a significant move underscoring its commitment to national fiscal stability and economic growth, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) formally presented its strategic proposals for the forthcoming National Budget 2026 to the government.

AmCham SL appoints Sandun Hapugoda as President

The American Chamber of Commerce in Sri Lanka (AmCham SL) successfully held its 33rd Annual General Meeting (AGM) at ITC Ratnadeepa recently, in the presence of its members, special invitees and media representatives.

VAT uncertainty looms over tea industry

The uncertainty regarding the consequences of Value Added Tax (VAT) payments in the tea industry with the abolition of SVAT (suspended VAT) from October 1, 2025 and possible cash flow issues, drop in tea prices have sent concerns through the entire supply chain of the local tea industry.

Hilton Colombo completes guest room renovation project

Hotel Developers Lanka Limited announced the successful completion of its extensive guest room renovation at Hilton Colombo, marking a significant milestone in the hotel’s transformation journey.

ICC-HNB sign strategic partnership

International Construction Consortium (Pvt.) Ltd (ICC) has signed a strategic partnership with HNB to promote homeownership and provide greater access to ICC’s property portfolio.

NDB Bank hosts Kandy Exporter Forum

NDB Bank reaffirmed its steadfast commitment to empowering Sri Lankan exporters by hosting another successful Exporter Forum in Kandy.

FAAMA holds AGM, raises concerns over market turbulence as SVAT removal effects

Fabric and Apparel Accessory Manufacturers Association (FAAMA) held its Annual General Meeting (AGM) recently, with Husni Salieh of Noyon Lanka appointed as the new Chairman.

Bhutan’s Queen Mother commends MTI’s strategy consulting contribution

MTI Consulting, led by its CEO Hilmy Cader, met with Queen Mother of Bhutan Dorji Wangmo Wangchuck, Founding President of the Tarayana Foundation, for whom MTI had the privilege of developing a strategic plan.

JKCG seeks court relief as BYD EV shipments remain detained by customs

John Keells CG Auto (JKCG), the authorized distributor of BYD electric vehicles (EVs) in Sri Lanka, issued a fresh statement late evening regarding the ongoing detention of certain BYD EV consignments by Sri Lanka Customs, a matter currently before the Court of Appeal.

CSE closes quarter on a strong note with boost in turnover

The Colombo Stock Exchange (CSE) ended the June–September quarter on a firm footing, with the market extending its upward momentum. Turnover surged to LKR 6.27 Bn, significantly higher than yesterday’s performance, underscoring renewed investor activity.

The Unseen Safety Net: How Insurance and Actuaries Shape Our Lives

As September marks National Insurance Month in Sri Lanka, and actuaries worldwide celebrate International Actuaries Day on 2nd September, it is a fitting time to reflect on how deeply insurance is woven into the fabric of our

Restructuring alone not enough to sustain SL’s debt gains: IMF

Sri Lanka’s sovereign debt restructuring has eased the borrowing costs and restored investor access to financial markets. However, all is not rosy yet, as the country faces a complex post-restructuring debt portfolio that requires stronger public debt management and continued fiscal discipline, according to a new International Monetary Fund (IMF) working paper.

SVAT reversal threatens export competitiveness, SLFFA warns

The Sri Lanka Logistics and Freight Forwarders Association (SLFFA) has joined the calls for urgent government action after the removal of the Simplified Value Added Tax (SVAT) scheme, warning the move could squeeze cash flows and undermine the country’s export sector.

Ceylon Chamber urges investor-friendly reforms in draft PPP Bill

The Ceylon Chamber of Commerce (CCC) yesterday urged the government to strengthen the draft Public-Private Partnership (PPP) Bill to make it more investor-friendly, while welcoming the government’s effort to establish a framework for private sector participation in infrastructure and services.

Sri Lanka opens AI gates with free Google Gemini for students

Sri Lankan students will soon gain free access to Google’s Gemini Advanced research tools and a suite of digital resources, following months of collaboration between the government and tech giant, the Digital Economy Ministry announced yesterday.

New Sri Lanka-China ‘Trusted Trader’ programme aims to certify 200 local firms by mid-2026

The Sri Lanka China Business Cooperation Council (SLCBCC) has launched a new ‘Trusted Trader’ certification, projecting that 150 to 200 Sri Lankan companies will be certified by mid-2026

Week begins with gains

The ASPI closed in green as a result of price gains in counters such as Carson Cumberbatch, Melstacorp and John Keells Holdings with the turnover crossing Rs. 4.2 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Commercial Bank, Renuka Foods and Prime Lands Residencies. Mixed interest was observed in LB Finance, Associated Motor Finance Company and Watawala Plantations whi

Dull market sentiment leads to quiet week start

Following last week’s mixed sentiment, the secondary market yield curve experienced low activity and volumes, with market sentiment turning subdued at the start of the week.

Ericsson veteran Mats Hultin takes board seat at Rootcode, signals new era of growth

In a significant move for Sri Lanka’s technology sector, Mats Hultin, the former CIO of global telecommunications giant Ericsson, has joined the Board of Directors of Rootcode, one of the nation’s most promising advanced technology firms. This strategic partnership signals a new phase of ambitious global expansion for the company. With a distinguished career spanning over three decades at the pinnacle of the tech industry, Hultin brings a wealth

‘Purple Service’ by Healthguard redefining SL’s pharmacy experience

At first glance, a pharmacy visit might seem routine: a quick stop to pick up a prescription, a box of vitamins, or some advice on managing a nagging cough.

SLEIS 2025 to explore the new age of diversified exports

The Sri Lanka Economic & Investment Summit 2025, themed “Gateway to Growth: Asia’s Emerging Opportunity”, is to be held on December2–3 at the Shangri-La Colombo.

CSE Masterminds Quiz offers over Rs. 3.5 mn in prizes for 7th Edition

The Colombo Stock Exchange (CSE) announced the seventh edition of the CSE Masterminds Quiz on 17th October from 3.00 p.m. onwards at the Shangri-La Colombo.

National ICT Awards ‘NBQSA 2025’ to be held on October 10

The National ICT Awards (NBQSA) 2025, is set to take place at the Taj Samudra Hotel, Colombo on October 10. Organized by BCS, The Chartered Institute for IT – Sri Lanka Section and the National ICT Awards Trust, the annual ceremony continues its tradition of honouring innovation, creativity, and technological leadership across the nation.

Carmart unveils ‘Leapmotor C10’ to combat EV range anxiety

One of the greatest concerns consumers have about choosing an electric vehicle is range anxiety from running out of charge, especially in a deserted area. Carmart provided a solution to this with the Leapmotor C10 REEV (Range Extender EV) – an electric SUV that doesn’t need to be plugged in and charged.

CEAT Kelani scores double win at World HRD Congress Sri Lanka awards

CEAT Kelani Holdings has been recognised as Sri Lanka’s Employer Brand of the Year 2025, while its Vice President – Human Resources, Thushara Hettithantrige, was honoured as a ‘Topmost HR Leader of Sri Lanka’ at the 2025 World HRD Congress Sri Lanka awards presentation held in Colombo recently.

Ceylinco Life team participates in leadership training in Malaysia

An eight-member team from Ceylinco Life recently attended a five-day training programme in Kuala Lumpur, Malaysia, on the theme ‘Lead Forward’.

Gayani de Alwis at helm of WCIC for 2nd year

The Women’s Chamber of Industry and Commerce (WCIC) conducted its 40th Annual General Meeting (AGM) recently, with Gayani De Alwis commencing her second term as Chairperson for the period 2025/2026, as per the constitution of the WCIC.

Central Bank releases Sri Lanka Socio-Economic Data - 2025 publication

Sri Lanka Socio-Economic Data – 2025, the annually published data folder of the Central Bank, is now available for public information.

Hemas Consumer Brands shines at SLIM Digis 2.5

Hemas Consumer Brands (HCB) reaffirmed its leadership in Sri Lanka’s Personal Care and FMCG sectors by emerging as one of the most awarded organisations at the recently-concluded SLIM Digis 2.5 Awards.

CSE opens week higher as food & beverage sector leads turnover

The Colombo Stock Exchange (CSE) started the week on a positive note, sustaining the upward momentum that had paused in Friday’s session. The ASPI advanced 77.31 points (+0.36%) to 21,676.30, while the S&P SL20 gained 7.64 points (+0.13%) to 6,119.21.