Cambridge Int’l team meets Prime Minister

Cambridge International Education Managing Director Rod Smith met with Prime Minister Harini Amarasuriya during his visit to Sri Lanka last week.

NDB Bank’s NEOS campaign wins Gold at SLIM DIGIS 2.5

National Development Bank PLC (NDB) announced its achievement of winning Gold at the SLIM DIGIS 2.5 Awards, Sri Lanka’s premier recognition for excellence in digital marketing.

Janashakthi Finance’s tuk campaign triumphs at SLIM DIGIS 2.5 Awards 2025

Janashakthi Finance PLC, formerly Orient Finance PLC and a subsidiary of JXG (Janashakthi Group), announced its recognition at the prestigious SLIM DIGIS 2.5 Awards 2025.

AIA Insurance supports WCIC Prathibhabhisheka Awards

AIA Insurance announced its continued partnership with the Women’s Chamber of Industry and Commerce (WCIC) as the Platinum Sponsor of WCIC Prathibhabhisheka Awards 2025, marking the third consecutive year of this meaningful collaboration.

Tea industry growth mirrors SL’s economic revival but reforms key: IMF

Sri Lanka’s tea industry, which has weathered repeated crises, stands as a symbol of the country’s economic resilience, the International Monetary Fund (IMF) said, although it went on to caution that reforms must be sustained to secure recovery.

DFCC Bank expands global reach with new remittance partnership in Japan

DFCC Bank has partnered with Ceylon Remittances to launch a new remittance service in Japan, strengthening financial links for Sri Lankans living and working there.

Nawaloka Hospitals marks 40 years of excellence

Nawaloka Hospitals PLC marked its 40th anniversary, celebrating four decades of excellence since its establishment in 1985.

ITC Hotels appoints Keenan McKenzie as Area Manager SL, Ratnadipa GM

Indian hospitality leader ITC Hotels announced the appointment of Keenan McKenzie as Area Manager Sri Lanka and General Manager of ITC Ratnadipa, Colombo.

Delmege marks 175th year of innovation, trust, service to nation

Since its founding in 1850, Delmege has grown from its trading roots into a multi-sector powerhouse, delivering trusted and meaningful products and services that touch almost every aspect of daily life.

Seylan Bank-Browns EV offer exclusive leasing facilities

Seylan Bank PLC has entered a strategic partnership with Browns EV, the dedicated electric vehicle arm of Browns – a pioneering name in vehicle imports in Sri Lanka.

SAPPTA holds 41st Annual General Meeting

The Spices and Allied Products Producers’ and Traders’ Association (SAPPTA) held its 41st Annual General Meeting (AGM) recently, at The Courtyard by Marriott, Colombo.

Sampath Bank leads discourse on SL’s recovery in a shifting global economy

Sri Lanka’s fragile yet recovering economy was placed under the spotlight at the Sampath Bank Economic Forum 2025, held recently at Cinnamon Life, Colombo.

SL revises 2025 tourist arrival target to a minimum of 2.6mn

Sri Lanka yesterday announced the revision of its ambitious tourist arrival forecast for 2025.

S&P upgrades Sri Lanka to CCC+/C

S&P Global Ratings yesterday raised Sri Lanka’s long and short-term foreign currency sovereign credit ratings to ‘CCC+/C’, from ‘SD/SD’, while affirming its ‘CCC+/C’ ratings on local currency debt.

Sri Lanka joins Global Forum as 173rd member

Sri Lanka has taken steps to fight tax evasion and other illicit financial flows, becoming the 173rd member and 23rd Asian member of the Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum).

High-quality teas lead firming trend as auctions see moderate supply

TISL urges full financial independence for CIABOC

Transparency International Sri Lanka (TISL) has raised concern over the failure to grant the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) full financial and operational independence, cautioning that the delay undermines its credibility as the country’s lead anti-graft institution.

Port City Colombo deepens university ties to curb brain drain, boost talent pipeline

Port City Colombo, Sri Lanka’s first multi-services Special Economic Zone (SEZ), is strengthening academic partnerships in a bid to stem brain drain and build a skilled workforce to support its ambition of becoming a regional hub for investment and services.

Union Assurance offloads 22% stake in Fairfirst Insurance to Fairfax Asia

Union Assurance PLC (UAL), a subsidiary of John Keells Holdings PLC, has divested its 22 percent equity stake in non-life insurer Fairfirst Insurance Limited, the Colombo Stock Exchange disclosed this week.

ASPI gains 2.3% during the week

The ASPI closed in green as a result of price gains in counters such as John Keells Holdings, Hayleys and Sierra Cables with the turnover crossing Rs. 6.5 Bn.

Muted trading marks end of week

Market activity wrapped up the week on a soft note, as volumes stayed constrained and investor participation remained measured.

Barefoot and POLSPOTTEN announce design collaboration

Two design powerhouses, Sri Lanka’s handloom brand Barefoot and Dutch luxury interiors brand POLSPOTTEN, are joining forces for the first time in a landmark collaboration set to debut in 2025/2026.

Three-wheeler drivers get training on first aid & defensive driving

Aligned with the National Road Safety Plan and its objective of enhancing road safety and community well-being, Michelin Lanka, in partnership with the Sri Lanka Red Cross Society and the Sri Lanka Police, has launched a joint training programme on Basic First Aid and Defensive Driving.

ZEISS launches MyoCare lenses in Sri Lanka to safeguard children’s vision

ZEISS, a pioneer of science in optics and optoelectronics, has announced the launch of its ZEISS MyoCare lenses in Sri Lanka, bringing advanced myopia management solutions for children across the country.

ComBank partners with ICT to raise breast cancer awareness

The Commercial Bank of Ceylon has joined hands with the Indira Cancer Trust (ICT) as the Gold Sponsor of the TLC (Touch | Look | Check) – Triathlon 2025,

Yema Marketing introduces new laundry liquid to hotels

Yema Marketing has officially introduced its latest innovation, Yema Laundry Liquid to hotels, promising a revolutionary cleaning experience for businesses alike.

JXG partners with Foundation of Goodness to uplift rural communities

JXG (Janashakthi Group) has joined hands with the Foundation of Goodness as a key enabler of the Monaragala Village Heartbeat Empowerment Centre, strengthening its pledge to foster lasting, purpose-led impact in underserved communities.

Sampath Bank at Nallur Kandaswamy Kovil festival

Sampath Bank took an active role at the historic Nallur Kandaswamy Kovil Temple Festival in Jaffna recently.

LOLC’s Livestock Insurance promotes Human-Leopard coexistence

The Sri Lankan Leopard (Panthera pardus kotiya), endemic to the island and with fewer than 1,000 mature individuals remaining in the wild, faces a precarious future as it struggles against habitat loss, prey depletion, snares, and retaliation killings.

Moose Clothing opens first store at One Galle Face mall

Moose Clothing Company officially opened its first retail store at the One Galle Face Mall in Colombo recently.