Marianne Page appointed to CT Holdings board

Marianne Page, a pioneer in promoting Sri Lanka as an investment destination to foreign institutional investors since the early 1990s, has been appointed as a Non-Independent Non-Executive Director of Colombo Stock Exchange-listed conglomerate CT Holdings PLC. While based in Hong Kong, she held senior positions at global financial institutions such as Credit Lyonnais, Smith New Court and Lehman Brothers.

T-Print recognised as a Great Place to Work

T-Print (Pvt.) Ltd, a subsidiary of the Eswaran group, has been officially certified as a Great Place to Work, a globally recognised honour that celebrates workplace cultures built on trust, collaboration and employee well-being.

Yalamanchili appoints Dihan Rodrigo as Country Manager for Sri Lanka and Maldives

Yalamanchili Solutions for Payments (YSP), a Singapore-based global technology leader in digital payment processing, announced the appointment of Dihan Rodrigo as Country Manager for Sri Lanka and the Maldives.

CBB celebrates 25th anniversary

The Council for Business with Britain (CBB) of The Ceylon Chamber of Commerce celebrated its 25th anniversary in Sri Lanka. The 25th Annual General Meeting was held at Westminster House, followed by an exclusive networking session for members at Cinnamon Life, bringing together leading business professionals and stakeholders from the UK-Sri Lanka bilateral business community. HSBC Sri Lanka Chief Executive Officer Mark Surgenor was re-elected as

Browns EV powers SL’S green mobility with Wuling deliveries

Sri Lanka’s journey toward sustainable mobility reached a significant milestone as Browns EV ceremoniously handed over 90 Wuling electric vehicles, featuring the sleek Wuling Binguo and the versatile Wuling Cloud, to proud new owners at a grand event held on August 28, at the Browns EV showroom on Darley Road, Colombo.

Selling pressure on the belly lifts yield curve marginally

leading to moderate activity and light volumes. As a result, the yield curve saw a modest uptick in the belly end of the curve.

Indices closed on a mixed note

The ASPI closed in green as a result of price gains in counters such as Dialog Axiata, Ambeon Holdings and Bukit Darah with the turnover crossing Rs. 7.4 bn.

Colombo Dockyard postpones rights issue

Colombo Dockyard PLC has postponed its planned rights issue, citing unavoidable circumstances, the shipbuilding and repair company said in a regulatory filing.

Siyapatha Finance to raise Rs. 4 bn via listed debenture issue

Siyapatha Finance PLC has announced plans to issue forty million (40,000,000) listed, rated, subordinated, unsecured, redeemable debentures, each valued at Rs.100, to raise up to Rs. 4 billion.

NSB 1H profit jumps 65% on higher interest income

State-owned National Savings Bank (NSB) said yesterday its profit after tax for the first half of 2025 surged 65 percent year-on-year to Rs. 15.7 billion, lifted by higher interest income and improved cost controls.

ComBank becomes first Sri Lankan bank to cross US$ 1 bn in market cap

The Commercial Bank of Ceylon PLC’s milestone of becoming the first bank in Sri Lanka with a market capitalisation of more than US$ 1 billion was celebrated at the Colombo Stock Exchange (CSE), where the bank was invited to ring the ceremonial bell.

New Company Act-a ‘strategic advantage’, not just a regulatory hurdle: Deloitte

Deloitte views Sri Lanka’s new Companies (Amendment) Act No. 12 of 2025 as a pivotal opportunity for businesses to embed trust and accountability into their operations, transforming regulatory compliance into a strategic advantage for long-term growth.

Cartoon of the Day 29-08-2025

Colombo land prices jump 11.4% led by residential land values

The land prices in the red-hot Colombo district, measured by the Land Valuation Indicator (LVI), jumped 11.4 percent in the first half of 2025 from the same period in 2024.

People’s Bank posts record first-half earnings on shift to private sector lending

State-owned People’s Bank yesterday announced it reported a post-tax profit of Rs.18.2 billion for the quarter ended June 30, 2025, after booking impairment charges on exposures to several state-owned enterprises (SOEs).

Asia Securities launches first equity trading platform integrated with TradingView

Sri Lanka this week saw the launch of its first equity trading platform fully integrated with global charting and analytics provider TradingView, as stockbroker Asia Securities unveiled Athena, a move aimed at modernising the country’s capital markets and empowering online investors. TradingView, used by over 100 million investors across 200 countries, drives Athena’s analytics and trading capabilities. The platform combines advanced charting, cu

Local gem industry bets on reforms to push exports past US $ 400mn in 2025

Sri Lanka is targeting gem and jewellery export earnings of at least US $ 400 million this year, a significant jump from 2024, as the government begins to streamline the historically complex sector with new policies and a bold long-term vision.

Gem Sri Lanka 2026 shifts to Colombo in bid to boost global profile

Sri Lanka’s premier gemstone exhibition Gem Sri Lanka 2026 would move to Colombo for the first time, the organisers said, as the industry seeks to strengthen its global reach while retaining its traditional roots.

The value engineering blueprint: How Access Engineering is building a diversified future

For decades, Access Engineering PLC has been a foundational pillar of Sri Lanka’s development, its name synonymous with the nation’s roads, bridges, and landmark buildings. Yet, beneath this established identity, a strategic transformation has been unfolding. Guided by a core philosophy of “value engineering,” the company has evolved from a construction powerhouse into a diversified conglomerate spanning nine sectors from automotive and logistics

Omega Line Toastmasters install new leadership

The Omega Line Toastmasters Club ushered in a new era recently with the installation of its 2025/26 Executive Committee at a ceremony held at the Jetwing Blue in Negombo.

JXG among SL’s most outstanding women friendly workplaces

JXG (Janashakthi Group) has been honoured as One of Sri Lanka’s Most Outstanding Women Friendly Workplaces at SATYN Women Friendly Workplace Awards 2025, celebrating the group’s role as a champion for women in the workplace, embedding gender equity, inclusivity and well-being into every layer of operations.

Intrepid Travel SL GM wins 2025 PATA Face of the Future award

Intrepid Travel celebrates the recognition of Intrepid Travel Sri Lanka Country General Manager Poornaka Delpachitra as a 2025 PATA Face of the Future awardee.

NDB Bank powers Oktoberfest at Edge 2025

NDB Bank is announced its partnership with Waters Edge as the Principal Partner for the much-anticipated Oktoberfest at Edge 2025, set to take place on October 24, 25 and 26, at Waters Edge, Colombo.

National Savings Bank relocates Habaraduwa branch

Having opened in 2010, the Habaraduwa branch of National Savings Bank (NSB) had delivered a supreme customer service during the past 15 years and with a view to offering a better banking experience to the customers of the area, the branch was ceremoniously reopened recently at a new location, at No: 122/B/1, Galle Road, Habaraduwa.

Kandurata Umbrella Industries resumes production in record time

Kandurata Umbrella Industries (Pvt.) Ltd this week announced that it has resumed production at its Gampola factory, less than a month after a devastating fire completely destroyed the facility.

Global Dialogue Forum to host int’l conclave in Colombo next month

The Global Dialogue Forum (GDF), in partnership with Club of Rome’s India affiliate, will host an international conclave at the Galle Face Hotel, Colombo on September 20, bringing together leading global experts, policy framers, decision makers and innovators to explore the frontiers that Artificial Intelligence (Ai) can breach to overcome green energy, food security and cybersecurity challenges.

NIBM Neo Ventures: Colouring passionate lives through Sri Lanka’s startup revolution

In a world where innovation drives progress, startups have become the lifeblood of economic growth and societal transformation. At the National Institute of Business Management (NIBM) in Sri Lanka, a dynamic initiative called Neo Venturesis empowering learners and young entrepreneurs to “colour their passionate lives” by turning bold ideas into thriving businesses.

Vallibel Finance enters key partnership with Toyota Lanka to expand vehicle financing options

Vallibel Finance PLC has officially partnered with Toyota Lanka (Private) Limited, the sole authorized distributor for Toyota vehicles in the country.

First Capital continues ranking among Sri Lanka’s 100 Most Valuable Brands with highest rating in Investment Banking

First Capital Holdings PLC has once again been ranked among the Top 100 Most Valuable Brands in Sri Lanka by Brand Finance. The company was awarded the highest brand rating (AA), in the investment banking category, highlighting the trust and confidence placed in it by its valued clientele.

Thushera Kawdawatta appointed Sysco LABS Sri Lanka MD

Sysco LABS Sri Lanka, the largest Global Innovation Center (GIC) of the world leader in food service, Sysco, has appointed Thushera Kawdawatta as its managing director, marking the start of a new era of growth and innovation.