DFCC Bank partners with NCCSL to strengthen SME growth and market access

DFCC Bank PLC has entered into a partnership with the National Chamber of Commerce of Sri Lanka (NCCSL), as part of its broader focus on supporting business growth and expanding market access for small and medium-sized enterprises.

SDB bank’s UPay Digital Wallet earns Merit recognition

SDB bank has been recognized at the LankaPay Technnovation Awards 2026, where its flagship digital payment wallet, UPay, received Merit recognition in the Best Digital Payment Application for Retail Payments category. This accolade reflects the bank’s commitment to advancing digital financial services and promoting seamless, secure, and accessible payment solutions for retail banking customers across Sri Lanka.

SLT-Mobitel Kandy Customer Club celebrates 10 years of customer engagement

SLT-Mobitel Kandy Customer Club, established in 2015, is a vibrant community of SLT-Mobitel’s valued customers in the region.

Stopping Financial Fraud Before It Happens Purpose-Built Fraud Prevention Tools for South Asia

Trusted by leading stockbrokers, wealth managers and NBFIs, Dossiers is now entering the banking sector with a real-time transaction monitoring service built for modern fraud

Bank of Ceylon opens Badalgama branch

The Bank of Ceylon recently opened its Badalgama branch, yet another step towards delivering a modern banking experience and efficient service to customers.

SHEvolve ’26 women empowerment initiative to be held this week

SHEvolve ’26, a women-empowerment initiative organized by AIESEC in University of Colombo, is set to take place on May 9th from 9.00 a.m. onwards at the New Arts Theatre, University of Colombo.

Macktiles expands footprint to Attidiya with new showroom

Sri Lanka’s largest tile manufacturer and exporter, Macktiles Lanka (Pvt.) Ltd, announced the launch of its latest showroom located at Main Road, Attidiya, Dehiwala.

Market rebounds on earnings optimism and easing geopolitical tensions

The Colombo Stock Exchange witnessed a strong recovery today, with both indices closing firmly in positive territory, supported by improved investor sentiment. The upward momentum was largely driven by ongoing corporate earnings releases and expectations of robust March 2026 quarter results, which encouraged renewed buying interest across the market.

Hilton Colombo sale on hold as policy shift stalls IMF-linked divestment 

Uncertainty over the stalled sale of Hotel Developers (Lanka) Ltd is starting to ripple through the company’s operations, as delays in finalising its ownership structure cloud strategic decision-making.

Maldivian catch finds Sri Lankan shelf in new seafood tie-up

Sri Lanka yesterday saw the entry of Maldivian state-backed fisheries firm MIFCO’s premium tuna brand ‘Fasmeeru’, a move expected to boost value-added seafood trade and strengthen supply chains between the two Indian Ocean economies.

Sri Lanka Insurance Corporation rejects ‘false’ bond claims

Sri Lanka Insurance Corporation (SLIC) yesterday pushed back strongly against allegations surrounding its participation in a recent Treasury bond auction, rejecting claims of irregular investment practices and warning of legal action as scrutiny intensifies over institutional activity in the government securities market.

Melstacorp, Aitken Spence launch Rs. 30 exit offer for Browns Beach Hotel delisting

Melstacorp PLC and Aitken Spence Hotel Holdings PLC have officially launched their exit offer to acquire the remaining shares of Browns Beach Hotels PLC, paving the way for the company’s delisting from the Colombo Stock Exchange.

Vallibel Finance locks in capital to power next phase of growth

Vallibel Finance has successfully raised over Rs. 2.1 billion through its Rights Issue, which was oversubscribed, reflecting strong investor confidence in the company’s strategic direction and long-term growth prospects.

Indices close in red

The ASPI closed in red as a result of price losses in counters such as C T Holdings, Hayleys and Sampath Bank with the turnover crossing Rs. 2.1bn.

Secondary market sees renewed activity, yield curve edges higher

The secondary market bustled with activity yesterday, breaking the cycle of lethargy that was observed yesterday and through the previous week.

LOLC Finance strengthens nationwide network

LOLC Finance PLC strengthened its nationwide network with the recent inauguration of a new branch in Angunakolapalassa, complemented by the strategic relocation of its Baddegama and Divulapitiya branches.

ComBank named as Best Bank in Sri Lanka by Global Finance for 24th year

In recognition of its outstanding performance and continued leadership in the banking sector, Commercial Bank of Ceylon has once again been adjudged the Best Bank in Sri Lanka by the US-based Global Finance magazine, marking the 24th occasion the bank has received this prestigious accolade.

Dialog Enterprise-Seceon Inc in AI-powered threat detection partnership

Dialog Enterprise has announced a strategic partnership with Seceon Inc to strengthen its managed security services portfolio with advanced AI-driven cybersecurity capabilities.

Wilson unveils South Asia’s first-ever flagship store at One Galle Face

One Galle Face, the premier retail destination in Sri Lanka, has expanded its international brand portfolio and continues to elevate the retail experience for customers with the launch of the first-ever Wilson retail store at the mall.

HNB-DIMO introduce leasing solutions for heavy machinery

HNB PLC has recently entered a strategic partnership with DIMO to introduce specialised financing solutions for heavy machinery.

HNB Life secures 4th consecutive Company with Great Managers recognition

HNB Life continues to strengthen its position as one of Sri Lanka’s most people-centric organisations, securing the prestigious Company with Great Managers recognition for the fourth consecutive year at Great Manager Awards 2025.

AHC Group-Asia Africa Chamber to drive multi-sector investment and global collaboration

AHC Group has entered into a strategic partnership with the Asia Africa Chamber of Commerce and Industry (AACCI) through the signing of a memorandum of understanding (MoU), marking a significant step towards strengthening international trade and investment ties.

Janashakthi Life holds Annual Sales Awards 2026

Janashakthi Life recently concluded its Annual Sales Awards 2026 at Cinnamon Life, City of Dreams, recognising the outstanding achievements and dedication of its top-performing team members across the island.

Locals urged to focus on long-term goals and financial literacy via investments

The locals are encouraged to take a more informed and long-term approach to investing, particularly in the stock market, as financial education initiatives highlight the importance of aligning investments with personal life goals.

Market retreats amid renewed geopolitical concerns

The Colombo Stock Exchange ended today’s session on a negative note, with both indices closing in red territory as renewed geopolitical tensions in the Middle East weighed on investor sentiment. The negative external backdrop led to a gradual decline in confidence, resulting in subdued trading activity throughout the session.

India trade push could boost Sri Lanka exports by half: ADB

Sri Lanka could expand its exports by as much as 50 percent by deepening the trade ties with India, the Asian Development Bank (ADB) said, while it went on to warn that the island nation’s continued reliance on the Western markets is leaving it exposed to external shocks and constraining growth.

Clean Protein, Rooted Values: New Anthoney’s Farms and the Season of New Beginnings

There is something quietly remarkable happening on the outskirts of Sri Lanka’s agricultural heartland. While much of the conversation around local farming has centred on survival such as battling input costs, navigating policy shifts, and struggling for market access, New Anthoney’s Farms is fielding calls from the other direction. The world, it turns out, is asking for what they have.

Cambridge Award Ceremony 2026 concludes successfully

The PDU Unit of IIT–PDU successfully held the Cambridge Award Ceremony on 4th April, celebrating academic excellence and student achievement.

Evolution Auto to launch all-new XPENG G6 in Sri Lanka

Evolution Auto will officially introduce the all-new XPENG G6 to the Sri Lankan market at an exclusive launch event on 15th May at the XPENG showroom by Evolution Auto.

Dipped Products digitises rural grassroots procurement for over 4500 rubber latex suppliers

Dipped Products PLC (DPL), a leading global manufacturer of protective gloves and a subsidiary of Hayleys PLC, has implemented its fully digitised integrated ecosystem, ‘DPL EasyPay’ – a new benchmark in latex procurement across Sri Lanka’s rubber supply chain.