Hayleys Solar-Allianz Insurance offer exclusive benefits to General policyholders

Hayleys Solar has partnered with Allianz Insurance Lanka Limited to offer exclusive solar savings and benefits to its Allianz General policyholders.

SL’s financial system confidence improves short term: CBSL survey

Confidence in Sri Lanka’s financial system has improved in the short term but concerns over medium-term risks persist, with the market participants flagging global economic and geopolitical tensions as the biggest threats, the Central Bank of Sri Lanka (CBSL) said in its latest systemic risk survey.

Exporters seek urgent reforms, labour solutions in Budget 2026

The National Chamber of Exporters of Sri Lanka (NCE) has submitted a comprehensive package of proposals for the upcoming national budget, calling for bold reforms to strengthen the export sector, attract investment and enhance the country’s global competitiveness.

Synchronous expansion pushes 2Q GDP up 4.9%

Gross domestic product (GDP), the value of the total goods and services produced by the economy, in the second quarter of 2025 rose by a robust 4.9 percent. This is a pickup from the 4.8 percent growth seen in the first quarter, reflecting the persistent strength in the economy for the last eight quarters straight, since the economy broke the declining spiral two years ago.

Rs.2,000 note gradually enters circulation: CBSL

The Rs.2,000 commemorative currency note, issued recently, would be gradually released into circulation through the licensed commercial banks, the Central Bank of Sri Lanka (CBSL) said.

Indices close in red

Indices closed in red as a result of price losses in counters such as Commercial Bank, Sampath Bank and DFCC Bank with the turnover crossing Rs. 4.0 Bn. High net worth and institutional investor participation was noted in Hatton National Bank, Pan Asia Banking Corporation and Singer Sri Lanka. Mixed interest was observed in Sanasa Development Bank, John Keells Holdings and R I L Property whilst retail interest was noted in Prime Lands Residencies

Market sleeps as yields stay firm

Reflecting the subdued sentiment from the previous week, the secondary market remained quiet, with the yield curve unchanged.

Raigam Wayamba Salterns pushes expansion despite profit squeeze

Raigam Wayamba Salterns PLC, a key player in Sri Lanka’s salt industry, announced its plans to establish a new saltern in the Eastern province.

NCC and FITIS sign MoU to empower Sri Lankan exporters for global reach

The National Chamber of Commerce of Sri Lanka (NCCSL) has signed a Memorandum of Understanding (MoU) with the Federation of Information Technology Industry Sri Lanka (FITIS), marking a significant milestone in expanding opportunities for Sri Lankan exporters to access global markets.

Sri Lanka’s investment trajectory under spotlight at SLEIS 2025

Global investment flows are shifting, and emerging markets are under pressure to prove their competitiveness. For Sri Lanka, securing stronger investor confidence and translating reforms into tangible opportunities will be decisive in the years ahead. On Day Two (December 3rd) of the Sri Lanka Economic & Investment Summit 2025, the session “Where Sri Lanka Stands and What Comes Next?” will deliver a frank assessment of the investment climate and

Artslab Creatives’ ‘Forward & Fearless’ AI campaign recognized at SLIM DIGIS 2.5

Artslab Creatives won two awards at SLIM DIGIS 2.5, Sri Lanka’s premier platform for digital marketing innovation and excellence, for the Fems Sri Lanka “Forward & Fearless” campaign.

‘EFC National Best Employer Awards’ launched

At a time when Sri Lanka is rediscovering its strength and optimism, the Employers’ Federation of Ceylon (EFC) announced the launch of the inaugural EFC National Best Employer Awards 2025.

CEAT Kelani honours top dealers with ‘Autobahn 2.0’ convention & awards

CEAT Kelani Holdings hosted its annual dealer convention and awards at Shangri-La, Colombo recently. The event brought together the top 145 dealers of the year along with their families, for an unforgettable evening of recognition and camaraderie.

Union Bank appoints Gyanendra Dhungana to the board

Union Bank announced the appointment of Gyanendra Dhungana as a Non-Independent Non-Executive Director to its Board of Directors, effective immediately.

Sri Lankan entrepreneurs shine at Forbes Under 30 Summit Asia 2025

Sri Lanka made its presence felt at Forbes Under 30 Summit Asia 2025, as four remarkable alumni from the island nation participated in the three-day event held in Thailand.

McLarens Lubricants’ Mobil-3M promo to give away single-seater race cars

McLarens Lubricants Limited of McLarens Group, has unveiled multiple consumer promotions under the brands Mobil and 3M, the flagship brands represented by the group.

Softlogic Information Technologies-BMC Helix deliver value-driven digital transformation

Softlogic Information Technologies (Pvt.) Ltd announced a partnership as an authorised distributor and managed services partner with BMC Helix, Inc., a global leader in software solutions that helps the world’s most forward-thinking IT organizations turn AI into action.

Alumex enhances value proposition

Alumex PLC has taken a decisive step to make its aluminium product range more economically viable and accessible.

NDB Bank’s SME Re-Energizer loan to drive business growth

NDB Bank’s SME Re-Energizer loan is designed to fuel the growth ambitions of Sri Lanka’s micro, small and medium enterprises (MSMEs) and start-ups.

Prime Lands Residencies appoints Prof. Ananda Jayawardane to board

Prime Lands Residencies PLC (PLR) announced the appointment of Prof. Ananda Jayawardane as an Independent Non‑Executive Director to the board, effective September 4, 2025.

ComBank with Gnext Store offers 18-month interest-free loans for Apple devices

Tech dreams have become a lot easier to afford thanks to a new partnership between Gnext Store, an Apple Authorised Reseller and Commercial Bank of Ceylon, initiated by the bank to make it affordable for the customers to own the latest Apple devices.

Falling beedi revenue due to lack of cohesive strategy

Despite being the fastest growing combustible tobacco product in Sri Lanka, the Excise Department laments a significant revenue drop from beedis this year.

The under rated “P”

Anyone attempting to embark on building a Brand is told to take into account the traditional framework which has been tested, proven.

Malaysian Flavours: A Thursday Night Journey at Cinnamon Lakeside Colombo

Cinnamon Lakeside Colombo is happy to unveil a weekly Malaysian Theme Night at The Dining Room, every Thursday throughout the month of September from 7 p.m. onwards, inviting guests to explore Malaysia’s culinary heritage through live stations, signature specialties, and classic sweets, presented with the warm hospitality and lakefront ambience the restaurant is known for.

Rs. 2,000 note gradually enters circulation: CBSL

The Rs. 2,000 commemorative currency note, issued recently, will be gradually released into circulation through licensed commercial banks, the Central Bank of Sri Lanka (CBSL) said.

Sri Lanka’s VAT reforms pushed 2.2% more into poverty - World Bank

Sri Lanka’s aggressive Value-Added Tax (VAT) reforms in 2024, a key component of its post-crisis fiscal stabilisation, single-handedly contributed to a 2.2 percentage point increase in the nation’s poverty rate, a stark new report from the World Bank reveals.

Industrial activity gains momentum, but remains below pre-crisis highs

Sri Lanka’s industrial production is gaining further strength, with strong domestic and foreign demand, easing costs, and lower interest rates helping the sector expand continuously and approach its previous highs.

Unregistered foreign-owned businesses crippling Kalpitiya’s tourism, warns industry pioneer

Unregistered and often foreign-owned tourism ventures in the kite-surfing hotspot of Kalpitiya are creating an unsustainable and unfair market, severely impacting legitimate businesses that comply with local regulations.

August tourism earnings fall to US$ 259mn despite higher arrivals

Sri Lanka’s tourism earnings fell to US$ 258.9 million this August, an 8.2 percent decrease compared to the same month last year. This decline occurred despite a significant 20.4 percent year-on-year increase in tourist arrivals.

Arrivals cross 50,000-mark in first 10-days of September

Sri Lanka’s tourism sector has started September on a high note, welcoming over 52,000 tourists in the first ten days of the month, a significant 27.2 percent increase compared to the same period in 2024.